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Cable Update (GBPUSD)

  • #420,121
  • Oct 6, 2015 1:13pm Oct 6, 2015 1:13pm
Quoting Bones
right o ,carefull something obvious like that is not going to care about overbought ,it will just keep ticking against your shorts ,check close {quote} {image}
Yes, saw that ... slowly building pressure, slowly grinding up over hours - usually strong real money moves, right?
Fix up, trade sharp ...
  • #420,122
  • Oct 6, 2015 2:23pm Oct 6, 2015 2:23pm
Quoting Bones
actually I don't see any of these guys supporting this thread ,apart from Billy nAVIN200714,970 elbert39,459 wormboy7,879 albchr7,731 _BBKing_6,516 Ill-b-back6,391 Bones6,061 cesarnc5,514 bbmac5,042 kill564,762 GlobalMacro4,211 cloggie4,113 TauTrader4,078 eohater4,016 ba1ker3,962 Bull_Bear3,712 Magix3,656 micho3,348 A-speculator3,249 manize3,068 forexlion3,039 fxtyrant2,769 Moe2,762 allserene2,678 PoundTrader2,586 redbeben2,507 chazzle2,505 pawpaw10002,487 malcolmb14
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thanks b , nearly there , might have to pull the trade , this could go back to support 5144 needs to hold up here
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? regards
  • #420,123
  • Oct 6, 2015 4:09pm Oct 6, 2015 4:09pm
yesterday.. the news was, top 500 companies in US has more than $2.1 trillion outside the country for tax saving purpose
around $620 billion could be short of budget... might be one the reason why dollar struggled today... well fundamental
arriving soon... hope the buyers here dont get crushed...
  • #420,124
  • Oct 6, 2015 4:37pm Oct 6, 2015 4:37pm
$ is likely to sell off ,bad NFP ,more than likely bad data for month ,your never be able to search and work out macro fundermentals ,
you gotta be clever enough to see big picture both currencies
the $ is not so much the problem ,besides its coming off major res ,and just printed a highly reliable pattern D1 ,could retrace
we have to consider ,
without break res is there for the momment ,space could continue for a bit

Quoting kk300
yesterday.. the news was, top 500 companies in US has more than $2.1 trillion outside the country for tax saving purpose around $620 billion could be short of budget... might be one the reason why dollar struggled today... well fundamental arriving soon... hope the buyers here dont get crushed...
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,125
  • Oct 6, 2015 4:38pm Oct 6, 2015 4:38pm
could be Billy

Quoting elbert3
{quote} {image} thanks b , nearly there , might have to pull the trade , this could go back to support 5144 needs to hold up here {image} ? regards
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,126
  • Oct 6, 2015 4:47pm Oct 6, 2015 4:47pm
more like range bound

Quoting NMZee
cable is forming a double top at around 5243 in H1. We could see a serious drop from there as this is a good quality supply zone.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,127
  • Oct 6, 2015 11:49pm Oct 6, 2015 11:49pm
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morning that line is about the 61% ext on my 4 hour break ,could see 5340 ish but there is a tl around 5260
  • #420,128
  • Oct 7, 2015 12:11am Oct 7, 2015 12:11am
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4 hour tl above ,
  • #420,129
  • Oct 7, 2015 12:13am Oct 7, 2015 12:13am
Quoting elbert3
GBPUSD and EURGBP Societe Generale: After facing resistance at a descending channel limit near 1.5670, GBP/USD has retraced towards May lows of 1.5080/1.50. [] Recovery, if any, is likely to be confined to 1.53, the 23.6% retracement from June highs. A break below 1.5080/1.50 will lead to a retest of graphical support at 1.48. LCG: Unable to clear resistance at 1.5250 level (Fib 50% over the last six months & support turned resistance) Cable is looking to determine a bottom at about 1.5140 level, before testing the critical 1.5100/1.5090...
not a bad email that yesterday ,
  • #420,130
  • Oct 7, 2015 12:49am Oct 7, 2015 12:49am
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watch 255
  • #420,131
  • Oct 7, 2015 12:51am Oct 7, 2015 12:51am
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Above is GBPJPY DAILY
Good morning I hope many of you saw this post yesterday like i said it is so clear.
More goodnews GBPJPY is doing the same this infact GBPJPY is still ripe
These are the targets
ENTRY NOW! Take profit 184 while STOP is 182 wish you success


Quoting healer25
This IS so CLEAR GU trend up Entry Now! tp 1.5325 stp 1.5139 {image} {image}
  • #420,132
  • Oct 7, 2015 1:11am Oct 7, 2015 1:11am
Bull trap before the data?

Or real skyrocket?
Don't give up
  • #420,133
  • Oct 7, 2015 1:14am Oct 7, 2015 1:14am
Quoting geomink
Bull trap before the data? Or real skyrocket?
Data might has been leaked as usual!!!!
  • #420,134
  • Oct 7, 2015 1:16am Oct 7, 2015 1:16am
:nerd:
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  • #420,135
  • Oct 7, 2015 1:17am Oct 7, 2015 1:17am
Quoting Dr.Zain
{quote} Data might has been leaked as usual!!!!
situation not clear for me
Don't give up
  • #420,136
  • Oct 7, 2015 1:22am Oct 7, 2015 1:22am
People buying in anticipation of an increase in MoM?
  • #420,137
  • Oct 7, 2015 1:27am Oct 7, 2015 1:27am
r2 = 1,25 fib next
  • #420,138
  • Oct 7, 2015 1:32am Oct 7, 2015 1:32am
all aboard! next station fib 0.382
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persistence and determination alone are omnipotent
  • #420,139
  • Oct 7, 2015 1:34am Oct 7, 2015 1:34am
Quoting Jonstaples
{quote} I fully agree with you, but it in addition of difficultys in breaking the .5160 it is also failing to close above the 10-day moving average. I would like to see a close above it to trigger an upmove.
I got my signal yesterday finaly a close above the 10-day moving average and got in today at 1.5257 with a stop just below todays low (40 pip) and a target at the 200-day moving average at 1.5344 (86 pips). So far so good .
  • #420,140
  • Oct 7, 2015 1:35am Oct 7, 2015 1:35am
come on push push gbp next resistance :nerd:
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