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Cable Update (GBPUSD)

  • #415,861
  • May 29, 2015 5:22am May 29, 2015 5:22am
Quoting sakisf
Someone buy those bears away from my sl Or get my sl away from the bears?
ok i will help
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  • #415,862
  • May 29, 2015 5:23am May 29, 2015 5:23am
Quoting elbert3
{quote} ok i will help {image}
Thanks E You saved me so far...
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  • #415,863
  • May 29, 2015 5:28am May 29, 2015 5:28am
[quote=elbert3;8291475]{quote} fancy,, where did you get that from,,[/quote
Here u go - thing is i noticed on one of my mt4 platforms it worked fine and the other it would not appear so it might be to do with have a 600 plus build of mt4 so if u try then pls save your charts as templates first just incase but i have found it runs fine on the main mt4
Attached File(s)
File Type: ex4 Fibonacci All TF.ex4   124 KB | 214 downloads
File Type: mq4 Fibonacci All TF.mq4   135 KB | 220 downloads
  • #415,864
  • May 29, 2015 5:29am May 29, 2015 5:29am
GU trades near imp support, breaking which 1.5220 can't be denied while the upside seems limited by 1.5340 horizontal mark.
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  • #415,865
  • May 29, 2015 5:31am May 29, 2015 5:31am
[quote=DoNUts;8291495]
Quoting elbert3
{quote} fancy,, where did you get that from,,[/quote Here u go - thing is i noticed on one of my mt4 platforms it worked fine and the other it would not appear so it might be to do with have a 600 plus build of mt4 so if u try then pls save your charts as templates first just incase but i have found it runs fine on the main mt4 {file} {file}
ok i will have a look, but this might be going 5200 ?? need a db at least
  • #415,866
  • May 29, 2015 5:33am May 29, 2015 5:33am
Quoting Fx_Anil
GU trades near imp support, breaking which 1.5220 can't be denied while the upside seems limited by 1.5340 horizontal mark. {image}
Hi That was my target before 5340 can still be , over that 5500 56 5900, but yes it looks like it might break 50/100 ema on the day chart ,Regards
  • #415,867
  • May 29, 2015 5:37am May 29, 2015 5:37am
[quote=elbert3;8291509]
Quoting DoNUts
{quote} ok i will have a look, but this might be going 5200 ?? need a db at least
cool dont have that buy confirmed yet but its not so far away look at the chart i posted whres the light blue fibs next with no trendline

thats the daily fibs showing on the 4 hour but hey we wait for the bounce or retrace .. right
  • #415,868
  • May 29, 2015 5:47am May 29, 2015 5:47am
and on the Daily chart the 50 percent fibs is where - any guesses lol perhaps just around the 152 zone ?? and a nice trend line cutting through it kinda say maybe wow now stop here lol
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  • #415,869
  • May 29, 2015 5:51am May 29, 2015 5:51am
I hoped there will be a big drop today.
but the chart tellls me:
Cable is bouncing at this price.
  • #415,870
  • May 29, 2015 5:53am May 29, 2015 5:53am
http://www.forexfactory.com/showthre...39#post8288839


no change
  • #415,871
  • May 29, 2015 6:01am May 29, 2015 6:01am
no wonder thre was no buy on the charts today lol nice 100pips drop should of taken it

but confirmed buy is near
  • #415,872
  • May 29, 2015 6:09am May 29, 2015 6:09am
Quoting andoseg2
{image} Fresh money join the market @ London Open . That was my luck . Mabe will be a entire lucky Day . {image}
Sl @ 1.53 for trailling stop , good move

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Money moves the market, not an indicator.
  • #415,873
  • May 29, 2015 6:15am May 29, 2015 6:15am
Quoting DoNUts
no wonder thre was no buy on the charts today lol nice 100pips drop should of taken it but confirmed buy is near
short out the tl hedge could see 5160 ????? 5050
  • #415,874
  • May 29, 2015 6:16am May 29, 2015 6:16am
Quoting elbert3
{quote} Hi That was my target before 5340 can still be , over that 5500 56 5900, but yes it looks like it might break 50/100 ema on the day chart ,Regards
Agree with you elbert3

Today, I think the US GDP is likely to generate disappointment and the GBPUSD could rally to 1.5430 before testing 1.5500 mark. However, only a considerable decline, meeting the forecast could provide such a weakness to the greenback. Let's wait for the actual though.


Best Regards,
Anil
  • #415,875
  • May 29, 2015 6:22am May 29, 2015 6:22am
Quoting elbert3
{quote} short out the tl hedge could see 5160 ????? 5050
152 seems about right but let the system do the talking
  • #415,876
  • May 29, 2015 6:26am May 29, 2015 6:26am
Quoting elbert3
{quote} Hi That was my target before 5340 can still be , over that 5500 56 5900, but yes it looks like it might break 50/100 ema on the day chart ,Regards
GBPUSD breaks below 1.5250, seems vulnerable to test 1.5210-1.5200 support zone.
Should actual US GDP print is not as worse as is expected, drop below 1.5200 towards 1.5170-60 support area, cannot be denied...
  • #415,877
  • May 29, 2015 6:34am May 29, 2015 6:34am
Quoting HareshBM
{quote} GBPUSD breaks below 1.5250, seems vulnerable to test 1.5210-1.5200 support zone. Should actual US GDP print is not as worse as is expected, drop below 1.5200 towards 1.5170-60 support area, cannot be denied...
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se if that is support to the left if not you can see the rest, will it be a good area as to go before the news, was it sold to this area to buy cheap longs ??? questions questions
  • #415,878
  • May 29, 2015 6:44am May 29, 2015 6:44am
Quoting elbert3
{quote} {image} se if that is support to the left if not you can see the rest, will it be a good area as to go before the news, was it sold to this area to buy cheap longs ??? questions questions
and in that moment of news the words might appear already factored in if its a quick one time drop
  • #415,879
  • May 29, 2015 7:05am May 29, 2015 7:05am
A Bullish Three - Drive Pattern... looking for price to make a last attempt lower to 1.5200 - 20 levels before reversing.
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  • #415,880
  • May 29, 2015 7:27am May 29, 2015 7:27am
YAWN .. after that move it can only be dropping ..
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