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Cable Update (GBPUSD)

  • #441,301
  • Sep 23, 2016 10:08am Sep 23, 2016 10:08am
Quoting Don96
{quote} lovely. EU i feel is always safer and you can have a tighter stop loss... I would love a buy on EU... i think the double bottom at 1.1120 was a perfect buy...
Yeah, EU is definitely safer to buy with a SL, GU can make a crazy 50 pip move the same way EU does a 5 pip move, before a turn...not as easy to enter at a perfect level. With EU its easy...I can just wait for a re-test of 1195-1200 early monday, GU, I would hope it comes back to 2935+- for a better buy, which will be harder.
Everyone can see the chart, but only a few can actually read it.
  • #441,302
  • Sep 23, 2016 10:20am Sep 23, 2016 10:20am
Quoting OnlineAddict
Whoever bought between 2915-30 can leave the trade open for some time, I think...3250 is guaranteed, a minimum target, but I would aim for a break to the upside from this channel. You can quote me in a few weeks, I don't mind.
hmmmn, ur post is gathering lotta attention. the bulls are gathering faith on the rocket drive, cos this crazy 100+ pips GU did, pal, dat was dammmn amazing,even bears didnt xpect that, likewise bull shooters SL might have been hit, gooosh, let the bulls be strong.
  • #441,303
  • Sep 23, 2016 11:04am Sep 23, 2016 11:04am
Trade the trend line on the 5 min chart until it fails to make a lower low imo
  • #441,304
  • Sep 23, 2016 12:51pm Sep 23, 2016 12:51pm
seems like you made a little prediction yourself rounding that up ,only he has a chart and something to go on ,continually saying what next which takes the most balls
could be he's moving with the market in a tricky chart
doubt anyone follows blindly


Quoting jurek
{quote} Few weeks ago You were telling that cable is going to 1.41 area. You should be more careful cause there is a lot of noobs here who can follow You. CAble is most likely to stay in post brexit range till end of the year. So it should not go more than 1.28
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  • #441,305
  • Sep 23, 2016 12:59pm Sep 23, 2016 12:59pm
it looks like this

Quoting shanebailey6
Hi All, I'm new to this game and need some help, Would anyone agree that the 4h chart is showing a reverse head and shoulders?
Attached Image
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  • #441,306
  • Sep 23, 2016 1:01pm Sep 23, 2016 1:01pm
Quoting jurek
{quote} Few weeks ago You were telling that cable is going to 1.41 area. You should be more careful cause there is a lot of noobs here who can follow You. CAble is most likely to stay in post brexit range till end of the year. So it should not go more than 1.28
ÂÂ
Its hard not to be swayed by the opinions of veteran traders but it's extremely vital to your trading success to not let this happen. Learning how to trade successfully will be impossible if you let others make your trade decisions for you, I still fight this battle man... don't hate on the vets they are very smart but nobody can be right 100% of the time, they deserve some slack when they are wrong, because more often then not they are right
  • #441,307
  • Sep 23, 2016 1:01pm Sep 23, 2016 1:01pm
interesting strategy whats its name


Quoting dean1star
Long 129 800 position one .. It will go lower for sure.
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  • #441,308
  • Sep 23, 2016 1:04pm Sep 23, 2016 1:04pm
Quoting Phonetic
Trade the trend line on the 5 min chart until it fails to make a lower low imo
Anyone else watching the price follow the down trend line on the 5 min chart? Maybe it closes around 1.2930...
  • #441,309
  • Sep 23, 2016 1:53pm Sep 23, 2016 1:53pm
Quoting Bones
you make it sound easy , I don't think it is being designed to make you wrong but you don't need high education at all just be logical imo btw makes most sense even if you trade 1 pair to kick off charting 3 in connection ,top down as information could be relative {quote}
Buy or Sell - how much simplier would you like it ..
  • #441,310
  • Sep 23, 2016 3:20pm Sep 23, 2016 3:20pm
true if you have the patience price will always come back to you ,even this number we are at
we were here 1985

Quoting dean1star
{quote} Buy or Sell - how much simplier would you like it ..
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  • #441,311
  • Sep 23, 2016 3:23pm Sep 23, 2016 3:23pm
I don't remember it
due to busy school schedule
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  • #441,312
  • Sep 23, 2016 3:29pm Sep 23, 2016 3:29pm
HDA had a system ,keep buying as it went against
he ask us to keep quoting him thought its about time
unfortunately he's not around anymore no idea why


Quoting HDA
{quote} @hoom: I haven't disappeared I am right here, please continue to quote my plan. It is very very very important that you continue to quote my plan. Do not stop quoting my plan. HDA OUT
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  • #441,313
  • Sep 23, 2016 3:54pm Sep 23, 2016 3:54pm
Nice bounce off the 88.6 but doubt it will go too far past the 76.4 and test the hr breakout

2865 swing low would be a realistic initial target I think
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDH4.png Size: 29 KB
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Click to Enlarge Name: GBPUSDMonthly.png Size: 24 KB
Come with me if you want to live....
  • #441,314
  • Sep 23, 2016 5:15pm Sep 23, 2016 5:15pm
Quoting Don96
daily close north of 1.3020 would be lovely
daily close didnt get where i wanted it.. 4h is bullish though... and right of support
  • #441,315
  • Sep 23, 2016 6:40pm Sep 23, 2016 6:40pm
I'm happy to call this a doji ,maybe spinning top ,
the message can be both ways ,but it is off support and tl ,maybe red is a trick
the beauty is we would know early on its meaning with no room to move ,bullish off bat may be a easy read
shaven into support and no confirm that big bear for the chart ,i go for repeat pattern as before


Quoting Bones
stay on your toes tight pa ,on the unpredictable side higher tf note the w1 close which should mean higher for month end at least gbp news next week , {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USD w1 (DFB).png Size: 23 KB
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  • #441,316
  • Sep 23, 2016 6:52pm Sep 23, 2016 6:52pm
maybe this pair supports
Attached Image (click to enlarge)
Click to Enlarge Name: 1 NZD (DFB).png Size: 22 KB
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  • #441,317
  • Sep 23, 2016 9:06pm Sep 23, 2016 9:06pm
Quoting Bones
maybe this pair supports {image}
Thanks
  • #441,318
  • Sep 23, 2016 10:17pm Sep 23, 2016 10:17pm
Quoting Bones
maybe this pair supports {image}
HDA I​ ​ am pretty sure why.

Quoting HDA
Here we go :-) UP UP UP away Remember the Options Expiry for 10am eastern today, Monday, September 1, 2014 1.6635 pay out US$381 million 1.7300 -HDA's second take profit 1.7100 -HDA's first take profit 1.6860 - Hick up spot - resistance level 1.6720 -HDA's first scale in long entry 1.6640 -HDA's break even point 1.6560 -HDA's second scale in long entry Please see previous post and note in the post Monday is Labour Day in the US - so we will be looking at an illiquid market. http://www.forexfactory.com/showthre...13#post7704513 HDA is moving from the red - now into the green as we past 1.6640 Please see AGAIN, previous post, dated THREE AND A HALF WEEKS AGO - Friday August 1, 2014 at 12:48pm http://www.forexfactory.com/showthre...33#post7646533 - GBP/USD Position Trading Plan Please see follow-up to position trading plan, posted long before the market moved and you have a look see if it is doing what was stated. Now the rise I spoke about that is going to defy all logic is what is left to come to complete the trading plan. http://www.forexfactory.com/showthre...90#post7697890 HDA OUT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPNZDWeekly923.jpg Size: 294 KB
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Click to Enlarge Name: GBPNZDMonthly923.jpg Size: 278 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #441,319
  • Sep 24, 2016 3:52am Sep 24, 2016 3:52am
yea thats a better one
legend

Quoting Mr. Scott
{quote} HDA I​ ​ am pretty sure why. {quote} {image} {image} {image}
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  • #441,320
  • Edited 4:37am Sep 24, 2016 4:24am | Edited 4:37am
heres an actual example shaven ,did have a better lower wick
it broke my wedge but still if it opens bullish ,eur gbp is at res in a tight channel d1
you can see on monthly a hammer, double wick situ
but into big RN and big bear ,but has broke already
end of month next week
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CHF w1 (DFB).png Size: 23 KB
Click to Enlarge Name: CHF month (DFB).png Size: 23 KB
Click to Enlarge Name: CHF d1 (DFB).png Size: 23 KB
Click to Enlarge Name: eur GBP (DFB).png Size: 22 KB
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