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Cable Update (GBPUSD)

  • #418,681
  • Aug 25, 2015 2:23pm Aug 25, 2015 2:23pm
?????
Quoting elbert3
looks like 5600 ?? if so it will cover yesterdays candle
if this takes a big hit 5575/32.bottom at this time,, 5450.5410, then 5517 ?????? any opinions ,where have all the traders gone,??
  • #418,682
  • Aug 25, 2015 3:10pm Aug 25, 2015 3:10pm
Quoting SteeP7
{quote} lol thats all pairs today
What is all pairs today?
  • #418,683
  • Aug 25, 2015 3:40pm Aug 25, 2015 3:40pm
Not much happening right now.
I am still Bullish.
Some diversion on m15, to the down side.
level 5700 is very good resistance.
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  • #418,684
  • Aug 25, 2015 6:59pm Aug 25, 2015 6:59pm
RIP GBP. This pair is dead.
  • #418,685
  • Aug 25, 2015 9:08pm Aug 25, 2015 9:08pm
Quoting Nabz
RIP GBP. This pair is dead.
Yea, so ugly for weeks, simply trade something else, EURUSD just moved 150 pips the last hours! No need for GBPUSD anymore, it can officially be ceased trading.
  • #418,686
  • Aug 26, 2015 1:04am Aug 26, 2015 1:04am
Quoting elbert3
?????{quote} if this takes a big hit 5575/32.bottom at this time,, 5450.5410, then 5517 ?????? any opinions ,where have all the traders gone,??
They have run to the hills hombre hands held high screaming what just happend to my account

Bias for south move to continue but shall see in a few hours .. Sunshine blue skies and what a view - nice to be home.
  • #418,687
  • Aug 26, 2015 2:00am Aug 26, 2015 2:00am
Quoting Algorerythmn
{quote} They have run to the hills hombre hands held high screaming what just happend to my account Bias for south move to continue but shall see in a few hours .. Sunshine blue skies and what a view - nice to be home.
that was great to see this pair down as soon as it goes up, the south, me too haha
  • #418,688
  • Aug 26, 2015 2:05am Aug 26, 2015 2:05am
that may reward to you as my past
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  • #418,689
  • Aug 26, 2015 2:10am Aug 26, 2015 2:10am
I will add to my long positions if we reach level 1.56615 today.
My stops at 1.5586.
My target 1.6000, if not this week, maybe next week.
  • #418,690
  • Aug 26, 2015 2:21am Aug 26, 2015 2:21am
Quoting wimschutz
I will add to my long positions if we reach level 1.56615 today. My stops at 1.5586. My target 1.6000, if not this week, maybe next week.
I think your target is very good, but i think you should enlong your stop, anyway gl to you
  • #418,691
  • Aug 26, 2015 2:21am Aug 26, 2015 2:21am
Quoting richer
{quote} that was great to see this pair down as soon as it goes up, the south, me too haha
But thinking not too far away from closing this sell if you know what i mean
  • #418,692
  • Aug 26, 2015 2:25am Aug 26, 2015 2:25am
Quoting Algorerythmn
{quote} But thinking not too far away from closing this sell if you know what i mean
I know that my friend
  • #418,693
  • Aug 26, 2015 2:32am Aug 26, 2015 2:32am
Morning all
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come down well,
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will it break again it showed it can
  • #418,694
  • Aug 26, 2015 2:34am Aug 26, 2015 2:34am
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doji top off resistance but double cross over tl, and 200 ema, ????
  • #418,695
  • Aug 26, 2015 2:36am Aug 26, 2015 2:36am
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  • #418,696
  • Aug 26, 2015 2:38am Aug 26, 2015 2:38am
Quoting richer
{quote} I think your target is very good, but i think you should enlong your stop, anyway gl to you
Thanks Richer,
I have no knowledge on harmonics, I only play price action at a very simple level.
Level 1.56615 look like very good support right now.
Then again, the markets has proven me wrong plenty of times before.
Enjoy!
  • #418,697
  • Aug 26, 2015 2:51am Aug 26, 2015 2:51am
Quoting wimschutz
{quote} Thanks Richer, I have no knowledge on harmonics, I only play price action at a very simple level. Level 1.56615 look like very good support right now. Then again, the markets has proven me wrong plenty of times before. Enjoy!
  • #418,698
  • Aug 26, 2015 2:51am Aug 26, 2015 2:51am
Double bottom done further rise
  • #418,699
  • Aug 26, 2015 3:15am Aug 26, 2015 3:15am
GU 15m chart
Short
tp 1.56
sl 1.572
will see
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  • #418,700
  • Aug 26, 2015 3:17am Aug 26, 2015 3:17am
Well now that it has gone below 680(finally) i added a long position, to me the price movement doesn`t look very convincing not sure it can break the many other small support levels unless the US news/fed talker change the picture. And i need to reload the longs closed at 5800 anyway and this looks like a good place to do it risk/reward wise.

EDIT: Overall i would feel a lot better about it if it manages to keep itself above what will be the central pivot for tomorrow and continue higher from there but it really depends on the US session
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