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Cable Update (GBPUSD)

  • #435,281
  • Jul 28, 2016 12:52am Jul 28, 2016 12:52am
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So, Pound couldn't go to 1.28, come buyer sit inside. Now GBPUSD made a outset and i think, after provocation, we will see movement to top of it. Target is 1.34
  • #435,282
  • Jul 28, 2016 1:13am Jul 28, 2016 1:13am
cable been up and down again through my 3180 number looking to have a new number 3222 now
  • #435,283
  • Jul 28, 2016 1:16am Jul 28, 2016 1:16am
Quoting elbert3
cable been up and down again through my 3180 number looking to have a new number 3222 now
Long added target for this one 3300 and then sell back to 3222 scalping half the trade
  • #435,284
  • Jul 28, 2016 1:20am Jul 28, 2016 1:20am
We have Option expiries today 13200 for cable, does this mean the 3200 area is going to be defended throughout UK session, does anybody understand these vanilla options??

http://orders.forexlive.com/!/option...-july-20160728
Don't Leave Money on the Table
  • #435,285
  • Jul 28, 2016 1:33am Jul 28, 2016 1:33am
Quoting elbert3
cable been up and down again through my 3180 number looking to have a new number 3222 now

I agree there, I'm long from 3192 and should have got in earlier....see how it goes because I think there will be a strong push up to 3300 but keeping a wary eye on it as it's right up against resistance at 3200, through 3200 we could see some very nice buying action...
Don't Leave Money on the Table
  • #435,286
  • Jul 28, 2016 1:42am Jul 28, 2016 1:42am
Quoting iamawaited
So news spiked cable all over the place... Well... i am not seeing any pattern anymore. That cable PA just mutilated my awesome chart so no trading GU till the coast is clear. Unfortunately i mistakenly closed one trade with a loss else my 200 Consecutive Pip win would have been complete. but so far i had 125 consecutive wins and 201 winning trades.. Not bad bcos i have traded almost all currencies... I remember announcing the start of this project here!!! so now i am done but will close out remaining trades with wins hopefully!!! I achieved this...
ohh broh are u leavin the game? are u saying ur previous predictions for cable aint valid anymore? well u hav had a classic achievement,kudos broh,but you dont need to packup and leave the cable show, besides, pals here likes ur tips. still stand strong,still keep droppin the predictions. congrats to u broh
  • #435,287
  • Jul 28, 2016 1:58am Jul 28, 2016 1:58am
Quoting yuddy
{quote} ohh broh are u leavin the game? are u saying ur previous predictions for cable aint valid anymore? well u hav had a classic achievement,kudos broh,but you dont need to packup and leave the cable show, besides, pals here likes ur tips. still stand strong,still keep droppin the predictions. congrats to u broh
Yes Awaited is leaving because he's MAD, mad that it's taking sooooooooo long for Mad Max The Wasteland to hit the cinemas, once it does he'll be back badder than ever....
Don't Leave Money on the Table
  • #435,288
  • Jul 28, 2016 2:00am Jul 28, 2016 2:00am
Now crack 3200 Cable and put me outta my misery....
Don't Leave Money on the Table
  • #435,289
  • Jul 28, 2016 2:09am Jul 28, 2016 2:09am
Quoting HaLBot
We have Option expiries today 13200 for cable, does this mean the 3200 area is going to be defended throughout UK session, does anybody understand these vanilla options?? http://orders.forexlive.com/!/option...-july-20160728
If 3200 is defended theres no reason why price can't hit 3250 before a pullback to 3200 and is the option expiry a buy or sell, we just don't know.
Don't Leave Money on the Table
  • #435,290
  • Jul 28, 2016 2:18am Jul 28, 2016 2:18am
Quoting HaLBot
{quote} Yes Awaited is leaving because he's MAD, mad that it's taking sooooooooo long for Mad Max The Wasteland to hit the cinemas, once it does he'll be back badder than ever....
Lol, one fact is the sink mustnt be that precise at the 3050 level, rather an estimation can be used to signal wen the liftoff will kick, anoda ting is wen u hav caught the players, they often try to test ur patience.wen u are so sure of wat u doin in fx, they always try to fool ur show or test ur intelligence , now u gotta tell dem who gat the mad skills, the bankers or YOUUUUUUU!!!!!
  • #435,291
  • Jul 28, 2016 2:28am Jul 28, 2016 2:28am
Look where Eur/Gbp on the daily chart is ATM, I say it's going up but could be due to Euro going up and not Pound falling...failed at 8420 this time but for how long? unless there is a steep rise in Cable
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Don't Leave Money on the Table
  • #435,292
  • Jul 28, 2016 2:34am Jul 28, 2016 2:34am
Quoting Lock
{quote} Finally a JD mate! You're welcome! Write more here if you may! Best L.K. update: 07.22 gb minus dev. and 3226 POC both taken out {quote} Yes I noticed it and if you put this together with the two weak refs at 3150 and 3100 plus the poor lows at the botton of this move all this thing looks pretty bad. But let's see. If tomorrow we will find a gb gap higher maybe we could consider the situation in a different way. If instead it will retrace (?) back to the 3134 POC we will have some more to do below. Note also that it bounced...
GB gaps higher.

If this gap resists we may see something above. We now have also a poor high for gb. But we are also weak here at 3200.(edit: immediately corrected) And there are a lot of weak refs below. If the gap for some reasons will not resists we will go all the way back to the poor pit lows below.

Quoting Dr.Phoenix
{quote} We have the hidden gap of 3140-3180 (hourly), so, the pull back to 3140 is very possible. But, I think, we might see new highs afterwards. Best D.P.
Exactly. Kind regards and have a good trading.
Ubi maior minor cessat
  • #435,293
  • Edited 2:56am Jul 28, 2016 2:41am | Edited 2:56am
if continuation above we have:

the old GB-GAP-down - 2016.07.15 from 32915 to 3339 as a first possible zone of interest. We are now testing the lowest gb low of June at 32138* and above we have the final gb low of June at 32397*.
*We we need to stay above them for a continuation upwards.

Very narrow range for this gb session: Watch out for a breakout in any direction. (with more odds to the up side but in these cases the rule is "go with the break out no matter what and then monitor for continuation")
Ubi maior minor cessat
  • #435,294
  • Jul 28, 2016 2:47am Jul 28, 2016 2:47am
Quoting Lock
if continuation above we have: the old GB-GAP-down - 2016.07.15 from 32915 to 3339 as a first possible zone of interest. We are now testing the lowest gb low of June at 32138 and above we have the final gb low of June at 32397.
Good Morning,
so do you suppose that the are 3200/3250 could be broken in the next hours?
Do you still keep your buy order ?
  • #435,295
  • Jul 28, 2016 3:14am Jul 28, 2016 3:14am
Quoting Devart
{quote} Good Morning, so do you suppose that the are 3200/3250 could be broken in the next hours? Do you still keep your buy order ?
Good morning!
This is my first day of trading with my real account in the last days. I didn't work last days but demo and testing accounts. I was too insecure and I'm happy about that. So, no opened positions from yesterday. Let's see now. I've one buy with my stops right below current GB low. Protected structurally by the gap up. If it will come back down I'll try a short to close the gap. That's my program. But I also take in serious consideration an other fail below and then go up again. It is a very very weak market.

Above my possible targets to scale out some are:
32397 32545 (gb old spike up base) 32915
Ubi maior minor cessat
  • #435,296
  • Jul 28, 2016 3:30am Jul 28, 2016 3:30am
Something funny is going on lol. What a spike on not such bad news from the fomc I no could have been better but they did leave the window open for a interest rate hike.. biggest move I've seen in the euro in at least two weeks. Looking for a huge correction to about 1.105 today.
  • #435,297
  • Jul 28, 2016 3:38am Jul 28, 2016 3:38am
Quoting Lock
{quote} Good morning! This is my first day of trading with my real account in the last days. I didn't work last days but demo and testing accounts. I was too insecure and I'm happy about that. So, no opened positions from yesterday. Let's see now. I've one buy with my stops right below current GB low. Protected structurally by the gap up. If it will come back down I'll try a short to close the gap. That's my program. But I also take in serious consideration an other fail below and then go up again. It is a very very weak market. Above my possible...
above poor high and weak at lowest gb June low at 32138
below weak at hb, at open and at the low with a poor low.
Incredibly lack of conviction in any direction.
Ubi maior minor cessat
  • #435,298
  • Jul 28, 2016 3:43am Jul 28, 2016 3:43am
Quoting Lock
{quote} above poor high and weak at lowest gb June low at 32138 below weak at hb, at open and at the low with a poor low. Incredibly lack of conviction in any direction.
Flat now. Let's see the breakout direction.
Ubi maior minor cessat
  • #435,299
  • Jul 28, 2016 3:43am Jul 28, 2016 3:43am
Quoting Lock
{quote} above poor high and weak at lowest gb June low at 32138 below weak at hb, at open and at the low with a poor low. Incredibly lack of conviction in any direction.

Yes I agree lack of conviction ATM to go higher...I did mention the Option Expiry today for GBP/USD at 3200 New York cut could be keeping price around this area, I just don't know enough about Vanilla Options to comment any further...
Don't Leave Money on the Table
  • #435,300
  • Jul 28, 2016 3:45am Jul 28, 2016 3:45am
Quoting yuddy
{quote} ohh broh are u leavin the game? are u saying ur previous predictions for cable aint valid anymore? well u hav had a classic achievement,kudos broh,but you dont need to packup and leave the cable show, besides, pals here likes ur tips. still stand strong,still keep droppin the predictions. congrats to u broh
Thanks. i am still around.That GU PA yesterday mutilated my chart so i see no directon on cable except for a little sell on M30 if cable heads towards 1.324X. but i am looking for NZD weakness today. USD strength is coming soon too.

Quoting HaLBot
{quote} Yes Awaited is leaving because he's MAD, mad that it's taking sooooooooo long for Mad Max The Wasteland to hit the cinemas, once it does he'll be back badder than ever....
LOLLL
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