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Cable Update (GBPUSD)

  • #429,361
  • Apr 25, 2016 12:30am Apr 25, 2016 12:30am
morning guys. coffee time. let's see what we got. long GU atm.
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  • #429,362
  • Apr 25, 2016 12:36am Apr 25, 2016 12:36am
Quoting asgcorp
morning guys. coffee time. let's see what we got. long GU atm. {image}
Lunch time
Well atm I see long GU, waiting for Europe session
Take a nap first after lunch
Don't trust me. I'm still newbie
  • #429,363
  • Apr 25, 2016 12:39am Apr 25, 2016 12:39am
you don't have to wait gap filled we are going up.
  • #429,364
  • Apr 25, 2016 12:57am Apr 25, 2016 12:57am
heavy buying in GU not many sellers in this market now
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  • #429,365
  • Edited 1:10am Apr 25, 2016 1:00am | Edited 1:10am
Quoting niubee
{quote} Lunch time Well atm I see long GU, waiting for Europe session Take a nap first after lunch
don't long,

Quoting asgcorp
you don't have to wait gap filled we are going up.
are you sure ? gaps are filled ? we are going up ? not asking to go into future but what makes you think so ? no offence just not imo, it will go up up not now
  • #429,366
  • Apr 25, 2016 1:04am Apr 25, 2016 1:04am
Many traders of this thread believe the GU is bullish atm. May be, may be not. There is a rejecting candle on the 4-hour chart formed at a weekly S/R zone atm. So this should be invalidated first imho.

KP
Do your homework, follow the footprints of smart money
  • #429,367
  • Apr 25, 2016 1:07am Apr 25, 2016 1:07am
Quoting asgcorp
you don't have to wait gap filled we are going up.
1.447 lets not forget about that bad boy going up has been in the cards for a while
  • #429,368
  • Apr 25, 2016 1:10am Apr 25, 2016 1:10am
the focus should be on inverted H&S neckline break and upside gap breakout, overhead resistance will be cleared soon.
  • #429,369
  • Apr 25, 2016 1:24am Apr 25, 2016 1:24am
Quoting Magix
{quote} Since when? Fucking Always! Spikes are meaningless. Those be the traps for suckers! I avoid static by looking for the Larger Time Frame supply/demand areas. Flip back. I've shown the Daily Demand, Weekly and Monthly Supply. Do what you want with it. Those be my charts, you can feel free to trade off of your own.
​How is that in any way a spike?, and yes I respect that its your own chart... I'm just saying, that 1.450x level has to be taken out before we go higher... I'm sure you are aware that in any move, to go higher, a high must be taken out... if not then lower it is
  • #429,370
  • Edited 2:16am Apr 25, 2016 2:05am | Edited 2:16am
well, here comes the gap fill at minimum?, pitty it didn't get t0 1.448 before

mhmhmm for those biased long, 1,437x may be a half a shot, after that ive got 1.430x, anyway... sidelines for me atm

and there it is
  • #429,371
  • Apr 25, 2016 2:15am Apr 25, 2016 2:15am
1.4336

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  • #429,372
  • Apr 25, 2016 2:18am Apr 25, 2016 2:18am
Quoting Magix
{quote} Awwwwwwwwww, peaches... Did I hurt your little feelings??? Poor little fella. Name calling? Do we need to resort to that? Just because I think your chart sucks is no reason to call me names....prove me wrong or prove you right and then let the fur fly, son....until then, can't we keep a little civility? I'ma go out on a limb here. 1. You tried exactly what I suggested and couldn't come up with the same...
that's quite a rant, sounds like you're the one who got his feelings hurt. Chin up..The monthly wedge has been on my chart for the last 2 months in case we get a retest, I'm not adjusting my lines for anyones' analysis, your presumption was wrong. Before market open price was below the daily TL, it then opened well above the TL, so what is the point in holding onto my bearish bias if, well, I no longer have a bearish bias. I drew a tip to body weekly TL and placed entry just above it at 43 to minimize drawdown in case we get an aggressive push down on the daily before closing bullish back above the daily TL . If it doesn't get filled, not concerned as I plan to short higher up. If you want to be aggressive with your posts with swearing, and presumptions about why I adjusted my analysis, you really should be able to handle a little school yard name calling. Otherwise maybe adjust the tone if you don't want it thrown back at you
Come with me if you want to live....
  • #429,373
  • Apr 25, 2016 2:30am Apr 25, 2016 2:30am
Equities getting hammered atm, guess that's driving down pound
Don't Leave Money on the Table
  • #429,374
  • Apr 25, 2016 2:40am Apr 25, 2016 2:40am
Quoting HaLBot
Equities getting hammered atm, guess that's driving down pound
pound getting pounded
  • #429,375
  • Apr 25, 2016 2:42am Apr 25, 2016 2:42am
hmm, gone rather quite on the guaranteed profit long calls atm
  • #429,376
  • Apr 25, 2016 2:47am Apr 25, 2016 2:47am
Quoting PatienceFx
{quote} pound getting pounded

LOL badly, but eur/gbp bulls missing out of late, they just bagged 150 pips so should be happy
Don't Leave Money on the Table
  • #429,377
  • Apr 25, 2016 2:51am Apr 25, 2016 2:51am
Quoting Don96
hmm, gone rather quite on the guaranteed profit long calls atm
if you can guarantee that all wives in the world will never get angry with their husbands then maybe there is a chance
  • #429,378
  • Apr 25, 2016 3:01am Apr 25, 2016 3:01am
Quoting Don96
well, here comes the gap fill at minimum?, pitty it didn't get t0 1.448 before mhmhmm for those biased long, 1,437x may be a half a shot, after that ive got 1.430x, anyway... sidelines for me atm and there it is
nothing goes here, there was a lot of volume on the push lower but price is still stuck 4390-4400 is key now.

RE sidelines atm +++ it's stuck
  • #429,379
  • Apr 25, 2016 3:04am Apr 25, 2016 3:04am
Quoting asgcorp
{quote} nothing goes here, there was a lot of volume on the push lower but price is still stuck 4390-4400 is key now. RE sidelines atm +++ it's stuck
nothing goes where?
  • #429,380
  • Apr 25, 2016 3:05am Apr 25, 2016 3:05am
still above DP and TL so can't short, can't long also since price trading below gap fill area.
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