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Cable Update (GBPUSD)

  • #419,181
  • Sep 7, 2015 9:31pm Sep 7, 2015 9:31pm
Up
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  • #419,182
  • Sep 7, 2015 9:40pm Sep 7, 2015 9:40pm
Up
  • #419,183
  • Edited 11:14pm Sep 7, 2015 9:53pm | Edited 11:14pm
Tsunami always happen from 1.5160 look old charts and it may long last until 1.5400
Attached Image (click to enlarge)
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  • #419,184
  • Sep 7, 2015 10:28pm Sep 7, 2015 10:28pm
ok we got there 1st resistance watch for any sell,
  • #419,185
  • Sep 7, 2015 10:31pm Sep 7, 2015 10:31pm
Quoting elbert3
ok we got there 1st resistance watch for any sell,
it is ptsunami, I don't even think of sell.
Intraday only.
  • #419,186
  • Sep 7, 2015 10:32pm Sep 7, 2015 10:32pm
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on the nose wait or breakout to next should be 5400 and more
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  • #419,187
  • Sep 7, 2015 10:36pm Sep 7, 2015 10:36pm
Quoting elbert3
ok we got there 1st resistance watch for any sell,
Im watching the 5360 area , my R2 is around there and the daily 200 sma is around there abouts if you watch that kind of thing
  • #419,188
  • Sep 7, 2015 10:45pm Sep 7, 2015 10:45pm
Quoting rambo12
{quote} Tnis is a sinking titanic ship no retrace .. expect 1.5170 before anyrise

1.5170 done and upside 1.5350 almost done ..may be bit more .will update later
  • #419,189
  • Sep 7, 2015 11:02pm Sep 7, 2015 11:02pm
Main reason today there is no important news from USD or GBP, after tokyo close GBP's 30-y Bond Auction will release then GU will go to final target ....
  • #419,190
  • Sep 7, 2015 11:09pm Sep 7, 2015 11:09pm
On the daily chart if you take the 272 and 618 fib extensions of NFP day, Friday we have reached the 618 to the top side so some weakness may show up, would be careful tho we are above the weekly pivot which is basically where this move started from. Im waiting for 5360 level if and when it gets there . GL all cheers.
Attached Image (click to enlarge)
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  • #419,191
  • Sep 7, 2015 11:21pm Sep 7, 2015 11:21pm
In at 5379 small position, just looking for 5360 again
  • #419,192
  • Sep 7, 2015 11:26pm Sep 7, 2015 11:26pm
Complete correction of last week down will end at 1.5436, that was the last week's open
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  • #419,193
  • Sep 7, 2015 11:33pm Sep 7, 2015 11:33pm
If continue up we can expect 1.55555 this week, this fancy number is many traders favorite exit area
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  • #419,194
  • Edited 11:58pm Sep 7, 2015 11:39pm | Edited 11:58pm
6180 ???
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question ? do we have a trend,2nd resistance we can see pass the tl attraction
  • #419,195
  • Sep 8, 2015 12:02am Sep 8, 2015 12:02am
Quoting digger1
In at 5379 small position, just looking for 5360 again
well tht worked out, geppys been on a tear so not real sure if we have seen the top for today, will let things settle out, would be a buyer again around 5315 5320 or so if it got there
  • #419,196
  • Sep 8, 2015 12:03am Sep 8, 2015 12:03am
Attached Image (click to enlarge)
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you can see it went into profit take area, now looking to buy around 5350/20
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  • #419,197
  • Sep 8, 2015 12:33am Sep 8, 2015 12:33am
big move up now gbj
  • #419,198
  • Sep 8, 2015 12:34am Sep 8, 2015 12:34am
gbp usd they went on analogies data tomorrow and on Wednesday some will be worse after PMI so
Attached Image (click to enlarge)
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  • #419,199
  • Sep 8, 2015 12:36am Sep 8, 2015 12:36am
Having breached the descending trend-channel, the GBPUSD can well target 1.5450-60 horizontal mark; however, a close near 1.5320 could re-call 1.5150 area.
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  • #419,200
  • Sep 8, 2015 12:43am Sep 8, 2015 12:43am
200 hr MA is 5326.
Intraday only.
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