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Cable Update (GBPUSD)

  • #425,841
  • Mar 6, 2016 3:36pm Mar 6, 2016 3:36pm
Quoting elbert3
4217 open bounce from support and fill a lets say 10 pip gap then onto the gap from last week .? Howzat
wishful thinking. wait for a deeper pullback from the highs. )))
  • #425,842
  • Mar 6, 2016 3:37pm Mar 6, 2016 3:37pm
Quoting asgcorp
{quote} agreed completely here, mcgregor is wearing a 100K+ audemars piguet watch, which is kinda running on thin ice. Needs to get a seiko/casio watch then maybe his winning streak can improve.
hah, the way he carries himself is too much for me!​
  • #425,843
  • Mar 6, 2016 3:41pm Mar 6, 2016 3:41pm
Quoting jsk3010
{quote} hah, the way he carries himself is too much for me!​
I think it's part of the show bro ))) could be a pretty humble person in real life.
  • #425,844
  • Mar 6, 2016 4:04pm Mar 6, 2016 4:04pm
This week, I see this pulling back to 1.4150 before heading up 1.4350.

For me, all technicals are currently confirming the bull run and, until they change, I am bullish.

Because fundamentals are clearly playing no part, right now.
  • #425,845
  • Mar 6, 2016 4:07pm Mar 6, 2016 4:07pm
Quoting Luzbay
This week, I see this pulling back to 1.4150 before heading up 1.4350. For me, all technicals are currently confirming the bull run and, until they change, I am bullish. Because fundamentals are clearly playing no part, right now.
+++
  • #425,846
  • Mar 6, 2016 5:30pm Mar 6, 2016 5:30pm
Will see if it goes to fill the gap,but im still seeing bears everywhere,and a push for a new low
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  • #425,847
  • Mar 6, 2016 6:35pm Mar 6, 2016 6:35pm
#GBPUSD So far the open has been very good to my short position @ 1.4234 ..... my calculation are telling me a correction @ the Sunday open.... lets see how it pans out!
Attached Image
"W. D. Gann said that time is the most important factor among all things."
  • #425,848
  • Mar 6, 2016 10:33pm Mar 6, 2016 10:33pm
Looking at the February sell off, looks to me like we are heading back to retest the 23 fib and prob the monthly TL (again) where I'll be looking for signs of rejection from any of the 2 daily TL's (retest zone), targetting 1.34
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #425,849
  • Mar 6, 2016 10:37pm Mar 6, 2016 10:37pm
In the meantime though, there's a good option for bulls to buy the dip off the retest
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #425,850
  • Mar 7, 2016 1:50am Mar 7, 2016 1:50am
30 pips scalp pound dollar.
28 pips scalp euro.

plan is to wait for the opposite move up and scalp one more time today.
  • #425,851
  • Mar 7, 2016 1:58am Mar 7, 2016 1:58am
Just wonder if anyone else wonders about their spread price.

1.8 pips on spread to get in right
but as the close price is the opposite price then at 0 mark your still 1.8 pips out on profit
at 1.8 pips profit your at 0 and at 3.6 pips you can close at 1.8 profit.

thats a big fcking scam if you ask me .. but there u go
  • #425,852
  • Mar 7, 2016 2:12am Mar 7, 2016 2:12am
Quoting dean1star
Just wonder if anyone else wonders about their spread price. 1.8 pips on spread to get in right but as the close price is the opposite price then at 0 mark your still 1.8 pips out on profit at 1.8 pips profit your at 0 and at 3.6 pips you can close at 1.8 profit. thats a big fcking scam if you ask me .. but there u go
Unless you pay commissions and have 0-0.2 spread then the broker has to make money somehow (from your spread). If they widen the spread 10-50x in normal trading hours and you get bad fills or stops killed, then that's a scam.
  • #425,853
  • Mar 7, 2016 2:19am Mar 7, 2016 2:19am
Quoting sakisf
{quote} Unless you pay commissions and have 0-0.2 spread then the broker has to make money somehow (from your spread). If they widen the spread 10-50x in normal trading hours and you get bad fills or stops killed, then that's a scam.
IS the ECN brokers not hunting SL, today my sell stop loss hunnted and prices goes down my broker is HOTFOREX.
Can you suggest a good ECN broker which also supports skrill please
Failure is not failure if you learn from it...
  • #425,854
  • Mar 7, 2016 2:20am Mar 7, 2016 2:20am
Quoting sakisf
{quote} Unless you pay commissions and have 0-0.2 spread then the broker has to make money somehow (from your spread). If they widen the spread 10-50x in normal trading hours and you get bad fills or stops killed, then that's a scam.
Totally agree no such thing as a free lunch but surely if you pay the spread price then you should close your trade on that price quoted and not the opposite price quoted.


141 looking to buy back on pound dollar
  • #425,855
  • Mar 7, 2016 2:22am Mar 7, 2016 2:22am
Buy limit @1.4150
Letting losses run is the most serious mistake made by most investors.
  • #425,856
  • Mar 7, 2016 2:24am Mar 7, 2016 2:24am
Quoting dean1star
{quote} Totally agree no such thing as a free lunch but surely if you pay the spread price then you should close your trade on that price quoted and not the opposite price quoted. 141 looking to buy back on pound dollar
dean yeah, 4100-4140 looks like a good range to re-enter LONG, just need to watch PA, don't think it's gonna crack to the downside, but still need to be prepared for both outcomes. ))) technically speaking if we look at 50% of previous week long bull candle it's 4050, so that's the lowest we can do if the uptrend is to remain intact on GU (which I'm kinda 90% confident). If we dive lower, just a better chance to get in long, imo.
  • #425,857
  • Mar 7, 2016 2:29am Mar 7, 2016 2:29am
Quoting amonshi
Buy limit @1.4150
could be a good entry bro. still I'd wait for another 1-2 hours see what PA does and then get in @ market.
  • #425,858
  • Mar 7, 2016 2:32am Mar 7, 2016 2:32am
was +20 on GU, been out driving this morning and couldn't move SL to b.e, now +3 or so
  • #425,859
  • Mar 7, 2016 2:34am Mar 7, 2016 2:34am
Quoting Don96
was +20 on GU, been out driving this morning and couldn't move SL to b.e, now +3 or so
practicing the ole golf swing hey don ..
  • #425,860
  • Mar 7, 2016 2:35am Mar 7, 2016 2:35am
Quoting asgcorp
{quote} dean yeah, 4100-4140 looks like a good range to re-enter LONG, just need to watch PA, don't think it's gonna crack to the downside, but still need to be prepared for both outcomes. ))) technically speaking if we look at 50% of previous week long bull candle it's 4050, so that's the lowest we can do if the uptrend is to remain intact on GU (which I'm kinda 90% confident). If we dive lower, just a better chance to get in long, imo.
totally agreed - going to wait for the 141 zone for sure - if it goes higher then wait for the next zone - prefer to wait and miss a trade if thats the way then try and chase em ..
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