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Cable Update (GBPUSD)

  • #432,101
  • Jun 9, 2016 5:37am Jun 9, 2016 5:37am
d1 looks like this to me
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #432,102
  • Jun 9, 2016 5:53am Jun 9, 2016 5:53am
ej ,space below ~12200 sell zone ?
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #432,103
  • Jun 9, 2016 5:56am Jun 9, 2016 5:56am
Gilts up, dollar index down maybe cable will head north now...

When I say down it's of it's highs for today....but could go higher
Don't Leave Money on the Table
  • #432,104
  • Jun 9, 2016 6:14am Jun 9, 2016 6:14am
This is already a serious crisis. German leaders become old, sentimental. They sould be already replaced. Leaders of EU, who is it? Solving problems like "how to kill fish piecefully using anaesthesia instead of even noticing how serious and dangerous this is. How the WW1 and 2 have arrised? Isnt it here some similarity? Thanks.
  • #432,105
  • Jun 9, 2016 6:20am Jun 9, 2016 6:20am
4949-5038 at least 4783-4847 ?
not euphoria follower
  • #432,106
  • Jun 9, 2016 6:21am Jun 9, 2016 6:21am
Quoting iqyu5an
4949-5038 at least 4783-4847 ?
In what time frame i.e, tomorrow, next few days, next week?
Don't Leave Money on the Table
  • #432,107
  • Jun 9, 2016 7:12am Jun 9, 2016 7:12am
#GBPUSD took a short @ 1.4542 / SL 1.4599 Planetary projection line confirming the pivot swing high on 6-7-16 came in a day late... so I jumped on the next candle short. lets see how it pans out.... looking for more downside on pound
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"W. D. Gann said that time is the most important factor among all things."
  • #432,108
  • Jun 9, 2016 8:12am Jun 9, 2016 8:12am
I think it will continue to the downside too, with first target around 1.4450.
  • #432,109
  • Jun 9, 2016 8:18am Jun 9, 2016 8:18am
BUY zone pound dollar 144 600 position trade - with stoploss in place.
( if it breaks the 144 zone then will add a second position).

Nice drop on the Euro btw 85 pips looking to close around the 100 mark on the sell.

See how the pound dollar moves..
  • #432,110
  • Jun 9, 2016 8:24am Jun 9, 2016 8:24am
While i am still waiting for 1.477X.......Patience!!!!....
Trading Eternal...... Shiny & Chrome!!!!
  • #432,111
  • Jun 9, 2016 8:29am Jun 9, 2016 8:29am
Quoting dean1star
BUY zone pound dollar 144 600 position trade - with stoploss in place. ( if it breaks the 144 zone then will add a second position). Nice drop on the Euro btw 85 pips looking to close around the 100 mark on the sell. See how the pound dollar moves..
Hey deanstar, what do you mean when you say position trade?

Nice trading M8
Don't Leave Money on the Table
  • #432,112
  • Jun 9, 2016 8:36am Jun 9, 2016 8:36am
Quoting HaLBot
{quote} Hey deanstar, what do you mean when you say position trade? Nice trading M8
Well Hall - i take a position expecting to be out of position as is normal - so lets say i buy at 144 600 its always interesting too see how far out price will take you - before the turn around hence position. So my system is set to a zone or potential turning point allowing for the out of position price which always happens - look at you earlier on you took a long on the pound dollar right then you went out of position by what 70 pips or so .. Position works for me as it offers a wider path to follow. Very rare to place a trade and then ka boom .. it takes time .. euro at 114 was a rare example of hitting the mark precisely - but the euro was prime for that drop - bit long winded but hope it answers your question Hal.
  • #432,113
  • Jun 9, 2016 8:43am Jun 9, 2016 8:43am
Quoting HaLBot
{quote} Hey deanstar, what do you mean when you say position trade? Nice trading M8
BTW heres a chart the red arrows are the position trade the space between the yellow lines is the price movement caught almost 80 pips on sell trade from 2 days ago.

So the red arrow with the yellow is now the buy position at 144 600. Expect price to travel lower and see if we bounce of 144.
If we do i add another postion.
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  • #432,114
  • Jun 9, 2016 8:45am Jun 9, 2016 8:45am
Quoting dean1star
{quote} Well Hall - i take a position expecting to be out of position as is normal - so lets say i buy at 144 600 its always interesting too see how far out price will take you - before the turn around hence position. So my system is set to a zone or potential turning point allowing for the out of position price which always happens - look at you earlier on you took a long on the pound dollar right then you went out of position by what 70 pips or so .. Position works for me as it offers a wider path to follow. Very rare to place a trade and then...
Yep I get it, Cheers..
Don't Leave Money on the Table
  • #432,115
  • Jun 9, 2016 12:10pm Jun 9, 2016 12:10pm
With EU at a sweet Martingale buying spot... could this be the start of that Bull Surge i have been hoping for all week??? Maybe .. Lets see... though i see only ranges and a heavy downtrend on H4 after it hits 1.477X.
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Trading Eternal...... Shiny & Chrome!!!!
  • #432,116
  • Jun 9, 2016 4:53pm Jun 9, 2016 4:53pm
could b
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  • #432,117
  • Jun 10, 2016 12:13am Jun 10, 2016 12:13am
Mornign all

Ok, so we rejected Sundays' Support 1 pivot at 153.67 strongly, and the daily closed below the Monthly Support 1 Pivot at 154.78

I'm expecting London to take us upwards towards Sundays' Resistance 1 Pivot at 156.39. I don't have an entry point as yet, because it depends where Frankfurt leads us to before the open.

I suspect Frankfurt will want to start below the Month S1, and break upwards from 154.78, pausing before 155.00, then London can break 155.00 up to 155.78. Will advise closer to the time
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Forex, awful to watch, AWESOME to play
  • #432,118
  • Jun 10, 2016 12:25am Jun 10, 2016 12:25am
Quoting Bones
could b {image} {image} {image} {image}
Awesome Charts as always..
Trading Eternal...... Shiny & Chrome!!!!
  • #432,119
  • Edited 1:10am Jun 10, 2016 12:45am | Edited 1:10am
Waiting for the drop
too re load long - 2nd position.
Close Euro at 113.

Nice to see the English football supporters in the South of France making headlines once again..
  • #432,120
  • Jun 10, 2016 1:06am Jun 10, 2016 1:06am
Every persons's definintion of "the herd" in forex might be different.

My definition of "the herd" is the trend. And I use macd to gauze the trend,aka what "the herd" is up t.
So taking the 2hr, 3hr and 4hr chart, I see that the momentum is rising, and that the momentum can break 78 now with Frankfurt
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Forex, awful to watch, AWESOME to play
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