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Cable Update (GBPUSD)

  • #421,581
  • Nov 29, 2015 7:04pm Nov 29, 2015 7:04pm
Quoting love.l0ve
{quote} sensitive zone, be careful {image} {image}
  • #421,582
  • Nov 30, 2015 2:54am Nov 30, 2015 2:54am
Quoting Jonstaples
My Daily view: GBP/USD is making a potential falling triangle but until it breaks the daily support is only a "potential". More rencently the pair is creating a double bottom and athe secound bottom with high market compression (two inside days in a row). I'm looking to ge long @ 1.5130 with a stop @ 1.5050 and a target @ 1.5335. {image}
My Daily view Update :

GBP/USD is making a potential falling triangle but until it breaks the daily support is only a "potential". More rencently the pair is creating a double bottom and athe secound bottom with a bullish divergence on the MACD histogram. I'm looking to ge long @ 1.5050 with a stop @ 1.5000 and a target 1 @ 1.5264, target 2 @ 1.5335.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Daily-20151130.jpg Size: 203 KB
  • #421,583
  • Nov 30, 2015 3:14am Nov 30, 2015 3:14am
I had been selling this sh*t and targetin 5040 and was planning to start buying from 5040... but now.. i see no reason to buy this sh*t...unless we reach above 51067..GL
do not stand out in the open with gun ;stand in the bushes with knife..
  • #421,584
  • Nov 30, 2015 3:16am Nov 30, 2015 3:16am
Big Boys have GBP's Data results prior to its release!!!!
  • #421,585
  • Nov 30, 2015 3:33am Nov 30, 2015 3:33am
Quoting Dr.Zain
Big Boys have GBP's Data results prior to its release!!!!
Particularly today, not really. It's not big news, so to say..
  • #421,586
  • Nov 30, 2015 5:01am Nov 30, 2015 5:01am
5030 is a Barrier!!!
  • #421,587
  • Nov 30, 2015 6:07am Nov 30, 2015 6:07am
GBPUSD momentarily drops below 1.5000 psychological mark.
Any recovery might now be restricted at 1.5045-50 area.
Should continue drifting lower to test 1.4940-35 support area.
  • #421,588
  • Nov 30, 2015 7:20am Nov 30, 2015 7:20am
short very heavy now.

don't follow me.
  • #421,589
  • Nov 30, 2015 7:35am Nov 30, 2015 7:35am
GBP/USD h4 update analysis date at 30.11.15
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD h4.png Size: 31 KB
Advocate Alim
  • #421,590
  • Nov 30, 2015 8:06am Nov 30, 2015 8:06am
1.5 support and the lower TL, with divergence. This is a good place to try some long into ADP and NFP
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDFXFDaily.png Size: 69 KB
  • #421,591
  • Nov 30, 2015 9:16am Nov 30, 2015 9:16am
I agree, it will likely move to the upside towards target 1.5070.
  • #421,592
  • Nov 30, 2015 2:00pm Nov 30, 2015 2:00pm
Quoting Jonstaples
{quote} My Daily view Update : GBP/USD is making a potential falling triangle but until it breaks the daily support is only a "potential". More rencently the pair is creating a double bottom and athe secound bottom with a bullish divergence on the MACD histogram. I'm looking to ge long @ 1.5050 with a stop @ 1.5000 and a target 1 @ 1.5264, target 2 @ 1.5335. {image}
Hi Jonstaples,

Out of interest, how long are you hoping/expecting to hold your trade for until it reaches targets 1 and/or 2?

I have been looking at a similar long trade, with a target of 1.52062.
  • #421,593
  • Dec 1, 2015 12:27am Dec 1, 2015 12:27am
Attached Image (click to enlarge)
Click to Enlarge Name: MANJA PALS.png Size: 67 KB
  • #421,594
  • Dec 1, 2015 1:08am Dec 1, 2015 1:08am
Quoting MJBhinder
{image}
  • #421,595
  • Dec 1, 2015 1:21am Dec 1, 2015 1:21am
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Click to Enlarge Name: manjadas333.png Size: 46 KB
  • #421,596
  • Dec 1, 2015 2:07am Dec 1, 2015 2:07am
Quoting countdown
I had been selling this sh*t and targetin 5040 and was planning to start buying from 5040... but now.. i see no reason to buy this sh*t...unless we reach above 51067..GL
watch 51067 carefully guys.
GL
do not stand out in the open with gun ;stand in the bushes with knife..
  • #421,597
  • Dec 1, 2015 2:50am Dec 1, 2015 2:50am
Quoting countdown
{quote} watch 51067 carefully guys. GL
It crosses 51067 now, so what will happen?
  • #421,598
  • Dec 1, 2015 2:50am Dec 1, 2015 2:50am
I took a small (very small!) long position at 1.50587 after the open last night; target is 1.51665. SL is now at break even.

Happy trading all.
  • #421,599
  • Dec 1, 2015 3:13am Dec 1, 2015 3:13am
Quoting tom99sg
{quote} It crosses 51067 now, so what will happen?
i start buying and every close above H1 to W1 i keep buying..i will write targets later. Now i am at seminar )))
do not stand out in the open with gun ;stand in the bushes with knife..
  • #421,600
  • Dec 1, 2015 3:56am Dec 1, 2015 3:56am
very nice rejection and another proof that bulls will surrender very soon
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