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Cable Update (GBPUSD)

  • #436,161
  • Aug 10, 2016 6:49am Aug 10, 2016 6:49am
Quoting HaLBot
{quote} Hard to predict what way Cable is heading at the moment, I have it going to 3100 but resistance at 3050 as we just saw, break above there and we head north IMHO....
Good call 👍.
  • #436,162
  • Aug 10, 2016 7:06am Aug 10, 2016 7:06am
Quoting Don96
{quote} got down to 1.29545 on my broker, could have gone long at 63 but wasn't sure on stops so trade wasn't valid, usually only use 5-20pip stops... might go for 1.41 from here..

Impossible! Never it can go up to 1.41 even it's not going to 1.34 right now. Maximum bounce could be 1.3150 or 3200-50 done. from here it can go downward even 1.2500 area.
Let see...
So don't buy with trust, bulls should be cautions and TP should be taken as soon as possible.
  • #436,163
  • Aug 10, 2016 7:18am Aug 10, 2016 7:18am
In short at 1.3084, SL 1.3104, TP 13050. Stop loss will be moved to BE at 1.3064. looking for a quick 34 pips.
Striving for consistency
  • #436,164
  • Aug 10, 2016 7:41am Aug 10, 2016 7:41am
i 'm holdind my GBP/USD long.
i have not reason to exit yet.
Attached Image (click to enlarge)
Click to Enlarge Name: 40.png Size: 68 KB
he, alone, was to blame for his losses in the zero-sum game
  • #436,165
  • Aug 10, 2016 7:57am Aug 10, 2016 7:57am
The end (2).
  • #436,166
  • Aug 10, 2016 7:59am Aug 10, 2016 7:59am
Does anyone else see gaps on the 1 min chart at 13005 @ 13002? Do these gaps bother any longs or should such small gaps just be ignored? cheers
Loser trying to become a winner!
  • #436,167
  • Aug 10, 2016 8:26am Aug 10, 2016 8:26am
Quoting MyOpinion
Does anyone else see gaps on the 1 min chart at 13005 @ 13002? Do these gaps bother any longs or should such small gaps just be ignored? cheers
Yeah I've always wondered about gaps on the one minute chart...be good to find out???
Don't Leave Money on the Table
  • #436,168
  • Aug 10, 2016 8:38am Aug 10, 2016 8:38am
Quoting Wdfx
In short at 1.3084, SL 1.3104, TP 13050. Stop loss will be moved to BE at 1.3064. looking for a quick 34 pips.
Got there -- now considering reversal
Striving for consistency
  • #436,169
  • Aug 10, 2016 8:38am Aug 10, 2016 8:38am
Quoting HaLBot
{quote} Yeah I've always wondered about gaps on the one minute chart...be good to find out???
gap now @ 13077 to the upside and 13005/13002 to the downside. I know these gaps get filled most of the time but would be interesting to hear if any legit traders pay any attention to them.
Loser trying to become a winner!
  • #436,170
  • Aug 10, 2016 8:44am Aug 10, 2016 8:44am
Quoting Wdfx
{quote} Got there -- now considering reversal
Looking for it to hang around 1.3040 for a while or break below 1.3028 before my next move.
Striving for consistency
  • #436,171
  • Aug 10, 2016 8:55am Aug 10, 2016 8:55am
Quoting Wdfx
{quote} Looking for it to hang around 1.3040 for a while or break below 1.3028 before my next move.
Double top on the hourly followed by strong bearish candle. Looks like it might be going south.
Striving for consistency
  • #436,172
  • Aug 10, 2016 8:58am Aug 10, 2016 8:58am
NOooo... Why down
  • #436,173
  • Aug 10, 2016 9:00am Aug 10, 2016 9:00am
Quoting Mayly-May
NOooo... Why down
The Qustion is why was it up !!?
The Market is always right
  • #436,174
  • Aug 10, 2016 9:01am Aug 10, 2016 9:01am
#GBPUSD still waiting on the setup.... but we are getting close..... keep an eye on today close.... if its not above 1.3026 could chop around and even go lower
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"W. D. Gann said that time is the most important factor among all things."
  • #436,175
  • Aug 10, 2016 9:05am Aug 10, 2016 9:05am
Quoting Mayly-May
NOooo... Why down
Who knows ? Sentiment is down on the Pound. Just following the probabilities. Depending on how you look at it, minor resistance could have been reached and it is at a level to move back up. Play it as you see it. Just giving an opinion. I could be wrong.
Striving for consistency
  • #436,176
  • Aug 10, 2016 9:07am Aug 10, 2016 9:07am
Quoting Mayly-May
NOooo... Why down
to gather more buyers i think...
  • #436,177
  • Aug 10, 2016 9:09am Aug 10, 2016 9:09am
Waiting to get a long if we get below the 1.3 area.
Pound is still bearish and a break below 1.295 will see another move possibly into 1.28ish. Trade safely and trade what you see.
  • #436,178
  • Aug 10, 2016 9:49am Aug 10, 2016 9:49am
So look like those 1min gaps will get filled. Then we have the gap at 1.3077, so will switch to long at 1.3 hoping for reversal.
Loser trying to become a winner!
  • #436,179
  • Aug 10, 2016 9:58am Aug 10, 2016 9:58am
wow gap filled and and instant 15 pip up move. Probably wont hold tho.
Loser trying to become a winner!
  • #436,180
  • Aug 10, 2016 10:05am Aug 10, 2016 10:05am
Hello everyone!
1300 is weak.
Ubi maior minor cessat
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