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Cable Update (GBPUSD)

  • #422,181
  • Jan 13, 2016 1:22pm Jan 13, 2016 1:22pm
Quoting Madipha
Is it safe to go long now? double bottom well established on H1
absolutely not
  • #422,182
  • Jan 13, 2016 3:40pm Jan 13, 2016 3:40pm
I'm only look to long cable at 1.439xx and, even then, it's a scalp/bounce position for a maximum of 40 pips.
  • #422,183
  • Jan 13, 2016 4:18pm Jan 13, 2016 4:18pm
The GBPUSD is at multi-year lows, so far the 1.4400 zone has been acting as support. The bearish trend is still in place.
  • #422,184
  • Jan 13, 2016 6:09pm Jan 13, 2016 6:09pm
I think 1.4250 area support is a spot to look for a bounce
Come with me if you want to live....
  • #422,185
  • Jan 13, 2016 7:39pm Jan 13, 2016 7:39pm
It feels like this pair was just at 1.7 a couple months ago wow. Strong downtrend still in play
TE started 6/4/19
  • #422,186
  • Jan 14, 2016 4:13am Jan 14, 2016 4:13am
Quoting elbert3
{quote} 4438 looks to be the cap on the long , ?? 8 hour charts showing it as resistance and we are in that candle now 3 and half hours to go,
not to far away , flip long again order 4376 on target 4405 4357 short target
  • #422,187
  • Jan 14, 2016 4:19am Jan 14, 2016 4:19am
Very strong down without QE still doesn't make sense. It's not that BOE devaluing it.
Weird thing happening
You cannot learn better without losing
  • #422,188
  • Jan 14, 2016 4:33am Jan 14, 2016 4:33am
Quoting Marz30
It feels like this pair was just at 1.7 a couple months ago wow. Strong downtrend still in play
Because traders are longer term players and maximum of them are big fat boys. They set trailing stop and keep hell pressure on the pair.
Bull out of favor because it needs testosterone to spike. BOE out of testosterone, pussy cat governing body cannot conquer pound exchange rate.

BOE wants to see another 2008
You cannot learn better without losing
  • #422,189
  • Jan 14, 2016 4:45am Jan 14, 2016 4:45am
interned long 63 manual
  • #422,190
  • Jan 14, 2016 4:45am Jan 14, 2016 4:45am
Double bottom!
Still wanna see what's gonna happen @ 1.4340
  • #422,191
  • Jan 14, 2016 4:50am Jan 14, 2016 4:50am
shorted @1.4362 got in late. Hoping it will continue go down to 1.4250
Letting losses run is the most serious mistake made by most investors.
  • #422,192
  • Jan 14, 2016 5:16am Jan 14, 2016 5:16am
any body want to take 7-2 on rate rise ???
  • #422,193
  • Jan 14, 2016 5:24am Jan 14, 2016 5:24am
Quoting elbert3
any body want to take 7-2 on rate rise ???
As far as I remember bank rate votes never 2-0-7 since last year. I don't think today would
Letting losses run is the most serious mistake made by most investors.
  • #422,194
  • Jan 14, 2016 5:34am Jan 14, 2016 5:34am
it is time to play long gbpusd.
the expectations are so low for the gbp as we can not play short anymore..gbpusd
  • #422,195
  • Jan 14, 2016 5:40am Jan 14, 2016 5:40am
Quoting elbert3
any body want to take 7-2 on rate rise ???
yesterday news was to expect 9-0
  • #422,196
  • Jan 14, 2016 5:45am Jan 14, 2016 5:45am
Quoting openyoureyes
{quote} yesterday news was to expect 9-0
yes as were said about the weather, no snow here yet,, lol regards E consolidating on the 1/5 min careful on longs might jump to 4395 and kick us in the nuts, sh?? lol
  • #422,197
  • Jan 14, 2016 5:55am Jan 14, 2016 5:55am
Quoting elbert3
{quote} yes as were said about the weather, no snow here yet,, lol regards E consolidating on the 1/5 min careful on longs might jump to 4395 and kick us in the nuts, sh?? lol
pp on 4384 taking no chances today
  • #422,198
  • Jan 14, 2016 6:02am Jan 14, 2016 6:02am
BOA
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 182 KB
  • #422,199
  • Jan 14, 2016 6:03am Jan 14, 2016 6:03am
Quoting openyoureyes
{quote} yesterday news was to expect 9-0
looks like we were in the middle
  • #422,200
  • Jan 14, 2016 6:04am Jan 14, 2016 6:04am
Quoting amonshi
shorted @1.4362 got in late. Hoping it will continue go down to 1.4250
Still holding my short
Letting losses run is the most serious mistake made by most investors.
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