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Cable Update (GBPUSD)

  • #440,241
  • Sep 14, 2016 3:50pm Sep 14, 2016 3:50pm
Quoting bpaul
Is there any reason for this move at this moment
Na, GBP just does it time to time, it's its personality
Just 20 pips a day to riches
  • #440,242
  • Sep 14, 2016 4:05pm Sep 14, 2016 4:05pm
Nd bad news see if it affects gb now
  • #440,243
  • Sep 14, 2016 4:09pm Sep 14, 2016 4:09pm
If it does get to 3300 where will it head after tomorrow's news.
  • #440,244
  • Sep 14, 2016 4:10pm Sep 14, 2016 4:10pm
Just thinking
  • #440,245
  • Sep 14, 2016 4:25pm Sep 14, 2016 4:25pm
Started acting bullish a while ago and then just flew
Funnily enough Lock said it could go higher
  • #440,246
  • Sep 14, 2016 4:38pm Sep 14, 2016 4:38pm
minimal target on cable for the moment is 1.37, but can go as high as 1.41-42... should be sold from there to target the retest of 1.29 again...
  • #440,247
  • Sep 14, 2016 4:57pm Sep 14, 2016 4:57pm
Quoting Igrok
minimal target on cable for the moment is 1.37, but can go as high as 1.41-42... should be sold from there to target the retest of 1.29 again...
certainly wish you are right sir!
  • #440,248
  • Sep 14, 2016 5:22pm Sep 14, 2016 5:22pm
Quoting baldmonk
{quote} certainly wish you are right sir!
from around 1.3290-3300 it might come down today to around 1.3200-10 before going up again....
  • #440,249
  • Sep 14, 2016 5:26pm Sep 14, 2016 5:26pm
i guess someone has to sell to all you buyers

...i'll be using 1.3260 - 1.3300 as a sell zone to reload shorts from 1.34.

imo, we will test much lower or settle the funk around whether the fed will raise or not before we see a break out of the current sideways range since the referendum
  • #440,250
  • Sep 14, 2016 5:40pm Sep 14, 2016 5:40pm
Quoting pursuit_21
i guess someone has to sell to all you buyers ...i'll be using 1.3260 - 1.3300 as a sell zone to reload shorts from 1.34. imo, we will test much lower or settle the funk around whether the fed will raise or not before we see a break out of the current sideways range since the referendum
that's fine... someone has to lose...
  • #440,251
  • Sep 14, 2016 5:42pm Sep 14, 2016 5:42pm
Quoting Igrok
{quote} that's fine... someone has to lose...
...no worries, i'm used to playing that role
  • #440,252
  • Sep 14, 2016 5:48pm Sep 14, 2016 5:48pm
Quoting pursuit_21
{quote} ...no worries, i'm used to playing that role
i didn't mean you in particular... it can be those who are long on cable... it's up to the market to decide which side wins...
  • #440,253
  • Sep 14, 2016 5:56pm Sep 14, 2016 5:56pm
Quoting Igrok
{quote} i didn't mean you in particular... it can be those who are long on cable... it's up to the market to decide which side wins...
once i have you two's mentality re trade win/loss, think i will be able to get rid of my newbie badge....
  • #440,254
  • Sep 14, 2016 6:00pm Sep 14, 2016 6:00pm
Quoting baldmonk
{quote} once i have you two's mentality re trade win/loss, think i will be able to get rid of my newbie badge....
imo, take the badge and hang it on the wall in front of your workstation -- its a good reminder

to me trading isn't much to do with the analysis -- that is due diligence everyone must and can do

instead trading is about learning, managing and loving yourself ...over the years there has been some really brilliant analyst on
this forum -- unfortunate many were not able to survive themselves
  • #440,255
  • Sep 14, 2016 6:09pm Sep 14, 2016 6:09pm
Quoting baldmonk
{quote} once i have you two's mentality re trade win/loss, think i will be able to get rid of my newbie badge....
i wish you the best of luck... and to everyone else in this business as well...
  • #440,256
  • Sep 14, 2016 7:05pm Sep 14, 2016 7:05pm
today a lot of data red news maybe it fun safe margin to sell euro/usd on 1.135-1.138 and hold until 1.11x-1.09 for big tp but don't overtrade good luck guy
  • #440,257
  • Sep 14, 2016 9:52pm Sep 14, 2016 9:52pm
Quoting coolkasun2
Too Much red news. it will go down
it will go up
  • #440,258
  • Sep 14, 2016 10:02pm Sep 14, 2016 10:02pm
We are back where we started, between the black and magenta TLs. The black TL was as we expected, very strong and rejected a breakout with quite some considerable force. We can safely say that price has bounced off that TL. The Magenta TL is what I'm waiting for now to re-load longs, If we break it, as I said earlier, It will be a good buy area.

With the news today, my involvement might be limited
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4rejected.png Size: 44 KB
I'm high on trading, cant you tell?
  • #440,259
  • Sep 14, 2016 10:09pm Sep 14, 2016 10:09pm
Quoting Sammih
We are back where we started, between the black and magenta TLs. The black TL was as we expected, very strong and rejected a breakout with quite some considerable force. We can safely say that price has bounced off that TL. The Magenta TL is what I'm waiting for now to re-load longs, If we break it, as I said earlier, It will be a good buy area. With the news today, my involvement might be limited {image}
today gu news down i think . i am flat now
  • #440,260
  • Sep 14, 2016 10:14pm Sep 14, 2016 10:14pm
Quoting Sammih
We are back where we started, between the black and magenta TLs. The black TL was as we expected, very strong and rejected a breakout with quite some considerable force. We can safely say that price has bounced off that TL. The Magenta TL is what I'm waiting for now to re-load longs, If we break it, as I said earlier, It will be a good buy area. With the news today, my involvement might be limited {image}
look audus. i am short 0.74611. target 100 pips
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