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Cable Update (GBPUSD)

  • #425,581
  • Mar 1, 2016 1:03pm Mar 1, 2016 1:03pm
Quoting Darkforce
Steady rising against M5 ma? Is this thing about to crash down? Or is it going to pop up? {image}
Short here, see what happens
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  • #425,582
  • Mar 1, 2016 1:41pm Mar 1, 2016 1:41pm
Maybe H4 will try to close below 3950, just some wild thought. I got in at 3976 so I can ride BE and see what happens next
Attached Image(s) (click to enlarge)
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  • #425,583
  • Mar 1, 2016 2:46pm Mar 1, 2016 2:46pm
we''re not done on the downside
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  • #425,584
  • Mar 1, 2016 9:05pm Mar 1, 2016 9:05pm
The Pound has been hit by the possibility of the UK leaving the EU, that is why even though the GBPUSD is trying to correct to the upside, the bearish trend is still in place.
  • #425,585
  • Mar 2, 2016 1:30am Mar 2, 2016 1:30am
Could be higher today - but lets see - if its lower then sell position is cool from yesterday if it goes higher then time to reload .. my 2 cents worth for what its worth ..
  • #425,586
  • Mar 2, 2016 1:58am Mar 2, 2016 1:58am
Quoting dean1star
Could be higher today - but lets see - if its lower then sell position is cool from yesterday if it goes higher then time to reload .. my 2 cents worth for what its worth ..
i also have short around 1.3970 where about would be a good SL position ??
  • #425,587
  • Mar 2, 2016 2:40am Mar 2, 2016 2:40am
Quoting cmiller007
{quote} i also have short around 1.3970 where about would be a good SL position ??
alot of these things are open to your own thoughts and interpretation but for me i always use 100 pips as a stop loss - but i am cool with that others may not be some might say its not enough but as you asked thats my take if it helps.
  • #425,588
  • Mar 2, 2016 2:46am Mar 2, 2016 2:46am
Quoting dean1star
{quote} alot of these things are open to your own thoughts and interpretation but for me i always use 100 pips as a stop loss - but i am cool with that others may not be some might say its not enough but as you asked thats my take if it helps.
No thats great thats why im here to learn and listen to ppls opinions so thanks .
  • #425,589
  • Mar 2, 2016 2:46am Mar 2, 2016 2:46am
Sold GBP/USD at 1.3952
Price was rejected from the top of the channel. SL is above the 200 MA. Targeting the previous lows. Will be watching this trade closely as the Construction PMI is due in 40 min hour.
Attached Image (click to enlarge)
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  • #425,590
  • Mar 2, 2016 3:29am Mar 2, 2016 3:29am
Quoting stulic
Right there for a very biased reason. {image}
Still on and pure gamble on poor construction.
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Don't get mad, get even!
  • #425,591
  • Mar 2, 2016 4:15am Mar 2, 2016 4:15am
Quoting stulic
{quote} Still on and pure gamble on poor construction. {image}
why pure gamble?
  • #425,592
  • Mar 2, 2016 4:20am Mar 2, 2016 4:20am
It is difficult to trade these UK data because focus is US employment and FED
  • #425,593
  • Mar 2, 2016 4:31am Mar 2, 2016 4:31am
fucking ranging days, no follow through at all
  • #425,594
  • Mar 2, 2016 4:32am Mar 2, 2016 4:32am
Looking for a long opportunity if the price goes down before US employment since it didnt break 1.39 yesterday and there is a prediction we have baf US data today. As for technical, I can't see any clear pattern to enter both long and short position
Letting losses run is the most serious mistake made by most investors.
  • #425,595
  • Mar 2, 2016 5:02am Mar 2, 2016 5:02am
OK, Here you go!

Attached Image (click to enlarge)
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LSMA 48 Support for up.
  • #425,596
  • Mar 2, 2016 5:28am Mar 2, 2016 5:28am
Quoting bithedz
OK, Here you go! {image} LSMA 48 Support for up.
Great entry and awesome target .
  • #425,597
  • Mar 2, 2016 5:40am Mar 2, 2016 5:40am
Quoting amonshi
Looking for a long opportunity if the price goes down before US employment since it didnt break 1.39 yesterday and there is a prediction we have baf US data today. As for technical, I can't see any clear pattern to enter both long and short position
I guess no long for me the price didn't go down as expected
Letting losses run is the most serious mistake made by most investors.
  • #425,598
  • Mar 2, 2016 5:40am Mar 2, 2016 5:40am
#GBPUSD Long pound @ 1.3917 for a scalp
Attached Image
"W. D. Gann said that time is the most important factor among all things."
  • #425,599
  • Mar 2, 2016 5:43am Mar 2, 2016 5:43am
This is a short squeeze ahead of NFP, will drop after NFP.
  • #425,600
  • Mar 2, 2016 6:19am Mar 2, 2016 6:19am
Short 1.40001.3997, let's see what happens next.
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