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Cable Update (GBPUSD)

  • #441,621
  • Sep 28, 2016 8:17am Sep 28, 2016 8:17am
Quoting OnlineAddict
Another drop to the 2980-90 area and I am buying again. I hope london fix gives me another opportunity and then I would hold the hold for some time.
...Yes 29 will be a good Chance to go in Long again...
  • #441,622
  • Sep 28, 2016 8:18am Sep 28, 2016 8:18am
Quoting salmani-one
{quote} ...Yes 29 will be a good Chance to go in Long again...
.... but 2980 ? I don't know. Is risky... 2925, 2900 will be very good...
  • #441,623
  • Sep 28, 2016 8:20am Sep 28, 2016 8:20am
...maybe I will buy after yellens speach and after oil stocks...
I think then usd will get weaker....
  • #441,624
  • Sep 28, 2016 8:22am Sep 28, 2016 8:22am
Quoting salmani-one
...maybe I will buy after yellens speach and after oil stocks... I think then usd will get weaker....
...and xauusd might be get interesting for Long....
  • #441,625
  • Sep 28, 2016 8:23am Sep 28, 2016 8:23am
Quoting salmani-one
{quote} .... but 2980 ? I don't know. Is risky... 2925, 2900 will be very good...
Numbers have to have a reason. Why 2925 or 2900, just because they are even numbers? 2915 was refused hard, no reason to go back...2937 was refused few days after that...also very hard...no reason to go back. Today 2981 was refused...lets see if we go anywhere close again...if not, also no reason to go back. I don't care about even numbers, just looking for numbers the market picks, it knows what it wants, I can only follow, I am not fighting it.
Everyone can see the chart, but only a few can actually read it.
  • #441,626
  • Sep 28, 2016 8:28am Sep 28, 2016 8:28am
Quoting OnlineAddict
{quote} Numbers have to have a reason. Why 2925 or 2900, just because they are even numbers? 2915 was refused hard, no reason to go back...2937 was refused few days after that...also very hard...no reason to go back. Today 2981 was refused...lets see if we go anywhere close again...if not, also no reason to go back. I don't care about even numbers, just looking for numbers the market picks, it knows what it wants, I can only follow, I am not fighting it.
...yes! I mean with 2900 2925 the sequence of this "numbers". This sequences will be interessant to go Long again. but not 2980 or around (nearly) this "number"
  • #441,627
  • Sep 28, 2016 8:28am Sep 28, 2016 8:28am
Quoting salmani-one
{quote} ...yes! I mean with 2900 2925 the sequence of this "numbers". This sequences will be interessant to go Long again. but not 2980 or around (nearly) this "number"
...but its your Money, its your turn! Wish you and all others much luck, from my heart...
  • #441,628
  • Sep 28, 2016 8:31am Sep 28, 2016 8:31am
Quoting salmani-one
{quote} ...yes! I mean with 2900 2925 the sequence of this "numbers". This sequences will be interessant to go Long again. but not 2980 or around (nearly) this "number"
2915 was very important for bulls...if it got broken, I wouldn't dare to long 2900...I am only longing if we respect higher highs, as we do now...2990 would be good enough, if 2981 holds.
Everyone can see the chart, but only a few can actually read it.
  • #441,629
  • Sep 28, 2016 8:34am Sep 28, 2016 8:34am
Quoting OnlineAddict
{quote} 2915 was very important for bulls...if it got broken, I wouldn't dare to long 2900...I am only longing if we respect higher highs, as we do now...2990 would be good enough, if 2981 holds.
... I wish you the best. It's your decision. I would only prefer to wait up some hours before acting..
the decision not to act is even same worth as to act...
  • #441,630
  • Sep 28, 2016 8:36am Sep 28, 2016 8:36am
Quoting OnlineAddict
{quote} Numbers have to have a reason. Why 2925 or 2900, just because they are even numbers? 2915 was refused hard, no reason to go back...2937 was refused few days after that...also very hard...no reason to go back. Today 2981 was refused...lets see if we go anywhere close again...if not, also no reason to go back. I don't care about even numbers, just looking for numbers the market picks, it knows what it wants, I can only follow, I am not fighting it.
  • #441,631
  • Sep 28, 2016 8:39am Sep 28, 2016 8:39am
Gbp tried and tried and tried to go up , no hope >>>>>> sold from yesterday 1.2975 and sold today 1.3019 tp : 1.2875
  • #441,632
  • Sep 28, 2016 8:44am Sep 28, 2016 8:44am
difficult to see the beauty of RN if your zoomed ,we are at one now
cable moves roughly 200-300pips in a week 11th july moved over 600 ,week before last it moved 350
if it did move 200-300 to the north from that location
then most likely it would end up stopping top of range rather than that number
Attached Image (click to enlarge)
Click to Enlarge Name: USD RN(DFB).png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #441,633
  • Sep 28, 2016 8:46am Sep 28, 2016 8:46am
Quoting OnlineAddict
{quote} Who cares what happens in a month or two? H4 is good enough to buy and hold for days or longer...with good profit. But if 200-300 pips are not good enough for you, you won't have much luck with EU or GU, because they won't make a 1000 pip move anytime soon.
tell dem pal, GU is stil rocketing high,infact any low GU goes,its jus anoda opportunity for long.
  • #441,634
  • Sep 28, 2016 8:47am Sep 28, 2016 8:47am
Quoting polonoon
Gbp tried and tried and tried to go up , no hope >>>>>> sold from yesterday 1.2975 and sold today 1.3019 tp : 1.2875
every rocket gathers momentum to break away from gravity, GU is fueling up, dont worry it shall break gravity.
  • #441,635
  • Sep 28, 2016 8:47am Sep 28, 2016 8:47am
Quoting yuddy
{quote} tell dem pal, GU is stil rocketing high,infact any low GU goes,its jus anoda opportunity for long.
If happens what I think will happen...there will be a lot of margin calls.
Everyone can see the chart, but only a few can actually read it.
  • #441,636
  • Sep 28, 2016 9:02am Sep 28, 2016 9:02am
if the gbp devalued say 10% since last reading imports should be down exports up
current account will be green
good fundi view ?


Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter;

price is actually right on the downward tl as I type ,daily suggest it might trade through it before

Quoting Fader123
As a news trader can't really trade this - as I like news on my side But here is my take on how I view the market at the moment Looking at the fundamental side of things - BOE wants to cut rates and Fed is looking at raising them So overall would expect Cable to fall Any rallies mean institutional investors step in to sell it again Against this backdrop lies sentiment- this is really what traders are focusing on - like the US election At the moment Clinton seems to have done quite well Also Cable seems to have just gone to tl And London traders...
Attached Image (click to enlarge)
Click to Enlarge Name: USD h8 3 (DFB).png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #441,637
  • Sep 28, 2016 9:05am Sep 28, 2016 9:05am
Quoting salmani-one
...maybe I will buy after yellens speach and after oil stocks... I think then usd will get weaker....
we wish yellen fling GU down, dere is lots of fuel in the ground for GU to use to fly high.
  • #441,638
  • Sep 28, 2016 9:16am Sep 28, 2016 9:16am
Quoting yuddy
{quote} we wish yellen fling GU down, dere is lots of fuel in the ground for GU to use to fly high.
i guess the yellen effect is happenin.
  • #441,639
  • Sep 28, 2016 9:26am Sep 28, 2016 9:26am
Quoting yuddy
{quote} we wish yellen fling GU down, dere is lots of fuel in the ground for GU to use to fly high.
Hope so too. I feel safer buying the dip than sell at its current price.
  • #441,640
  • Sep 28, 2016 9:29am Sep 28, 2016 9:29am
Quoting kk300
What I see is again 2940 and then shoot...

That was a good call yesterday..spot on M8..
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