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Cable Update (GBPUSD)

  • #437,041
  • Aug 17, 2016 2:07pm Aug 17, 2016 2:07pm
Retail sales gbp m/m make it higher maybe i'm wait lower to buy to
  • #437,042
  • Aug 17, 2016 2:09pm Aug 17, 2016 2:09pm
Quoting Mayly-May
Retail sales gbp m/m make it higher maybe i'm wait lower to buy to
look this. everyone can trade this.
Attached Image (click to enlarge)
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  • #437,043
  • Aug 17, 2016 2:17pm Aug 17, 2016 2:17pm
Quoting Makavell
{quote} not yet time to sell
what you waiting on? i sold hard on this. People keep saying they're buying into this, so i'm very hopeful
  • #437,044
  • Aug 17, 2016 2:18pm Aug 17, 2016 2:18pm
Buy GBPUSD 3030
TP 3116
SL 2970
I'm high on trading, cant you tell?
  • #437,045
  • Aug 17, 2016 2:20pm Aug 17, 2016 2:20pm
Quoting Sammih
Buy GBPUSD 3030 TP 3116 SL 2970
good call
  • #437,046
  • Aug 17, 2016 2:25pm Aug 17, 2016 2:25pm
Quoting pointlessfor
{quote} good call
I'm high on trading, cant you tell?
  • #437,047
  • Edited 2:39pm Aug 17, 2016 2:25pm | Edited 2:39pm
Quoting hilmy83
{quote} what you waiting on? i sold hard on this. People keep saying they're buying into this, so i'm very hopeful
doesn't look like u know how to read the graph. If u do sold it, then dont wait it too long. Just close with the profits u made. Most of us here seeing the spike movement as a sign that the bull in control. Now is the time where the market become volatile as it heading to closing time.

By referring to the calendar on thursday, the data for GBP seem like positive while for USD is negative. That'll give another wave of Bulls to jump into the market.
  • #437,048
  • Edited 3:22pm Aug 17, 2016 2:38pm | Edited 3:22pm
Quoting Sammih
Buy GBPUSD 3030 TP 3116 SL 2970
It is very possible for us to have a doji-like daily formation today.
However we have the higher high formed as well.

Additionally we have the hiddengap of 30066-30285.

I suppose MMs are about to continue accumulating lots tomorrow. They shoud work out the hidden gap at least before going up.

So you can BUY @ 30066 and set T/P @ 31280 (I use no stop losses).

Best
D.P.
Hunting High and Low
  • #437,049
  • Aug 17, 2016 5:00pm Aug 17, 2016 5:00pm
Think London traders will rally up the pound -
FOMC will carry over tomorrow for certain
Retail sales due at 9:30 BST- meant to be quite good -although this may have been caused by discounting
However - with inflation on the way up - still think market could rally
  • #437,050
  • Aug 17, 2016 7:29pm Aug 17, 2016 7:29pm
I'm still long...
  • #437,051
  • Aug 17, 2016 8:40pm Aug 17, 2016 8:40pm
Its been very handy to catch pips on cable these days...
  • #437,052
  • Aug 17, 2016 9:47pm Aug 17, 2016 9:47pm
Quoting iamawaited
Still waiting to buy lower on GU and waiting for EGBP to touch its sweet spot up there!!! {image}
how about selling the 3050 level,broh,good move?
  • #437,053
  • Aug 17, 2016 11:28pm Aug 17, 2016 11:28pm
Quoting yuddy
{quote} how about selling the 3050 level,broh,good move?
just seeing this now... EGBP is the regulator for most of those GBP pairs especially GU. i am seeing huge downtrends on weekly and daily charts on EGBP. that simply means GU is getting ready for a very huge uptrend. i would wait and BUY GU at a lower level martingale style. The GU down move is not over yet though!
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  • #437,054
  • Aug 17, 2016 11:33pm Aug 17, 2016 11:33pm
long gu 3047
  • #437,055
  • Aug 18, 2016 12:11am Aug 18, 2016 12:11am
Long for me today. 1st TP 1.3098 then 1.3170.... Hopefully
Striving for consistency
  • #437,056
  • Aug 18, 2016 12:14am Aug 18, 2016 12:14am
Quoting pointlessfor
long gu 3047
my target 3300 . i think we can go to 3900 then down to 2150
  • #437,057
  • Aug 18, 2016 12:17am Aug 18, 2016 12:17am
Quoting Vantage FX
Key Cable level today. {image}
And again...

Mark your levels, trade your levels!
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  • #437,058
  • Aug 18, 2016 12:27am Aug 18, 2016 12:27am
Quoting Vantage FX
{quote} And again... Mark your levels, trade your levels! {image}
good advice
Striving for consistency
  • #437,059
  • Aug 18, 2016 1:26am Aug 18, 2016 1:26am
3065 short
  • #437,060
  • Aug 18, 2016 1:29am Aug 18, 2016 1:29am
A break above yesterday's high (the high of the doji created yesterday), which is also above the daily pivot, is likely going to offer greater possibility for a northward move on this pair with a target at the next significant resistance level just below the monthly pivot.

KP
Do your homework, follow the footprints of smart money
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