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Cable Update (GBPUSD)

  • #441,521
  • Sep 27, 2016 2:07pm Sep 27, 2016 2:07pm
Quoting dean1star
{quote} Tell you something WD we both shorted GBPEUR today logical and smart move too .. Pound sterling chart heres one .. {image}
Hi Dean I have my EURGBP TP set at 8605 stop currently at 8635. considering closing rather than risk the 18 pips or so. any thoughts?
Striving for consistency
  • #441,522
  • Sep 27, 2016 2:13pm Sep 27, 2016 2:13pm
So since the CBI Realized came out at -8 instead of 8 predicted, why did the GBP show stronger?
  • #441,523
  • Sep 27, 2016 2:15pm Sep 27, 2016 2:15pm
Quoting Don96
{quote} here is 2nd number... best RR out there for me... before a new high anyway... lets see {image}
here is EURGBP...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 10 KB
  • #441,524
  • Sep 27, 2016 2:18pm Sep 27, 2016 2:18pm
Quoting Wdfx
{quote} Hi Dean I have my EURGBP TP set at 8605 stop currently at 8635. considering closing rather than risk the 18 pips or so. any thoughts?
Letting Eurgbp run some more it has the potential to reverse back for sure but i position trade and short from 0.86700 so letting the 50 pips run some more. Does not mean i am correct of course .. however i might be ..

Seeing where you are and your target the Asia session might just make it for you.
  • #441,525
  • Sep 27, 2016 2:20pm Sep 27, 2016 2:20pm
cheers. thanks guys
Striving for consistency
  • #441,526
  • Sep 27, 2016 2:27pm Sep 27, 2016 2:27pm
Quoting Don96
{quote} here is EURGBP... {image}
here is GU...


alot of numbers, the ones ive circled are the ones im playing, a lot favours GBP strength chart wise atm... GN approaching bottom, GJ and GU failing to make LL so far and EG reverse is true... they have played respectively of the levels i posted
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 25 KB
  • #441,527
  • Sep 27, 2016 2:37pm Sep 27, 2016 2:37pm
its time for GBP to crash and make new Lows
  • #441,528
  • Sep 27, 2016 2:42pm Sep 27, 2016 2:42pm
Quoting polonoon
its time for GBP to crash and make new Lows
thanks for that, any explanation?
  • #441,529
  • Sep 27, 2016 2:47pm Sep 27, 2016 2:47pm
Quoting polonoon
its time for GBP to crash and make new Lows
The opposite. 200-300 pips up easily.
Everyone can see the chart, but only a few can actually read it.
  • #441,530
  • Sep 27, 2016 2:49pm Sep 27, 2016 2:49pm
Quoting OnlineAddict
{quote} The opposite. 200-300 pips up easily.
that's the plan
  • #441,531
  • Sep 27, 2016 2:52pm Sep 27, 2016 2:52pm
Quoting Don96
{quote} thanks for that, any explanation?
May its just his way of asking what's next without really asking... You guys simply gave him the answer
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #441,532
  • Sep 27, 2016 3:17pm Sep 27, 2016 3:17pm
Quoting markenglandd
So since the CBI Realized came out at -8 instead of 8 predicted, why did the GBP show stronger?
Did you check out the green US news also lol.
It seems green is the new red and red is the new green.

Sold this rally for new lows, but not a "fundamental" decision
Come with me if you want to live....
  • #441,533
  • Sep 27, 2016 3:40pm Sep 27, 2016 3:40pm
Maybe smack our heads on 3070 area resistance tomorrow
Come with me if you want to live....
  • #441,534
  • Sep 27, 2016 3:45pm Sep 27, 2016 3:45pm
Quoting Ill-b-back
Maybe smack our heads on 3070 area resistance tomorrow
If US index breaks below 95 this week, there won't be any resistance holding GU back...and 90% of all retail shorts will be margin called.
Everyone can see the chart, but only a few can actually read it.
  • #441,535
  • Sep 27, 2016 3:48pm Sep 27, 2016 3:48pm
Quoting OnlineAddict
{quote} and 90% of all retail shorts will be margin called.
I'm curious how you know this
Come with me if you want to live....
  • #441,536
  • Sep 27, 2016 3:50pm Sep 27, 2016 3:50pm
Quoting Ill-b-back
{quote} I'm curious how you know this
I don't know anything...I can only assume based on experience.
Everyone can see the chart, but only a few can actually read it.
  • #441,537
  • Sep 27, 2016 3:51pm Sep 27, 2016 3:51pm
Quoting OnlineAddict
{quote} I don't know anything...I can only assume based on experience.
right......
Come with me if you want to live....
  • #441,538
  • Edited 4:37pm Sep 27, 2016 4:15pm | Edited 4:37pm
gbp look like this ,honestly its not about to fall through the floor next ,its at the bottom of the range
rhetoric is the driver down
numbers have not agreed mostly
whats the effect on imports makes most sense that current account is good


Quoting Bones
? {quote} {image} {image}
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp lfx .png Size: 41 KB
Click to Enlarge Name: gbp lfx close 27 Sep 2016 10-16-57.png Size: 53 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #441,539
  • Sep 27, 2016 4:23pm Sep 27, 2016 4:23pm
so gbp chf looks like this now
Attached Image (click to enlarge)
Click to Enlarge Name: CHF (DFB).png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #441,540
  • Sep 27, 2016 4:39pm Sep 27, 2016 4:39pm
no reasoning from either post , I thought the British were the dumb ones ,but then we don't fight to keep carrying lethal weapons ,or have Donald and Hillary

Quoting OnlineAddict
{quote} The opposite. 200-300 pips up easily.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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