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Cable Update (GBPUSD)

  • #442,321
  • Oct 4, 2016 2:08am Oct 4, 2016 2:08am
Quoting Sammih
{quote} Sell GBPUSD 1.2868 TP 1.2500(+368) SL 1.297(-102)
+100 pips 268 more to go
I'm high on trading, cant you tell?
  • #442,322
  • Oct 4, 2016 2:11am Oct 4, 2016 2:11am
If it gets to target area, we could get a bounce
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDDaily1.png Size: 25 KB
Come with me if you want to live....
  • #442,323
  • Oct 4, 2016 2:13am Oct 4, 2016 2:13am
slight adjustment.

this one makes a little more sense
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 25 KB
Come with me if you want to live....
  • #442,324
  • Oct 4, 2016 2:18am Oct 4, 2016 2:18am
Quoting Ill-b-back
slight adjustment. this one makes a little more sense {image}
how about targeting the 1.38 rather than 1.23. Even 1.5 is very achievable in the near term, especially if today closes below 1.0
I'm high on trading, cant you tell?
  • #442,325
  • Oct 4, 2016 2:20am Oct 4, 2016 2:20am
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  • #442,326
  • Oct 4, 2016 2:21am Oct 4, 2016 2:21am
Though target remains below 1.2600 , next stations / bounce areas can be 1.2700, 1.2650.take care fontu
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 36 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #442,327
  • Oct 4, 2016 2:21am Oct 4, 2016 2:21am
Actually its a bear trap. beware.
Trade with knowledge
  • #442,328
  • Oct 4, 2016 2:31am Oct 4, 2016 2:31am
You guys are too pessimistic or too optimistic (about the down move)


I'm buying it, for a big retrace

Good luck to all
Make money by doing the opposite of Giveachance aka loser
  • #442,329
  • Oct 4, 2016 2:36am Oct 4, 2016 2:36am
Quoting nessus94
You guys are too pessimistic or too optimistic (about the down move) I'm buying it, for a big retrace Good luck to all
What's your analysis there for the move up?

This move down coincided with Euro heading south too so not all Brexit driven and with Construction PMI out soon will see if this move continues south. A woeful figure could really take the brakes of and we'll see 2700...A good figure(doubtful) and were back over 2800...
Don't Leave Money on the Table
  • #442,330
  • Oct 4, 2016 2:36am Oct 4, 2016 2:36am
Quoting Sammih
trade the trend. Someone once said to me, print your screen and show it to a 5 year old and ask them which direction the market is headed, up or down, then trade in that direction. Everything else is just complicating matters {image} {image} {image} {image} {image}
Your post is life! The basics will never fail you.
  • #442,331
  • Oct 4, 2016 2:39am Oct 4, 2016 2:39am
Quoting HaLBot
{quote} What's your analysis there for the move up?
It's called catching the falling knife. One of the favorite strategies around.
  • #442,332
  • Oct 4, 2016 2:39am Oct 4, 2016 2:39am
Attached Image (click to enlarge)
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  • #442,333
  • Oct 4, 2016 2:40am Oct 4, 2016 2:40am
Quoting HaLBot
{quote} What's your analysis there for the move up?

Buying volume + COT analysis showing its time to buy

I was waiting this kind of new lows on daily to start buying for 1.34xx

I may be wrong though, so good luck to all
Make money by doing the opposite of Giveachance aka loser
  • #442,334
  • Oct 4, 2016 2:41am Oct 4, 2016 2:41am
Quoting nessus94
You guys are too pessimistic or too optimistic (about the down move) I'm buying it, for a big retrace Good luck to all
by trend, on technical bases and on fundamental basis it should go down , there is no real support where you can take a long entry before 2730, if there is any you have in your chart , plz share
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #442,335
  • Oct 4, 2016 2:43am Oct 4, 2016 2:43am
1.2752 was another chance at long... it didnt get there, GA was in exactly the same position
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  • #442,336
  • Oct 4, 2016 2:44am Oct 4, 2016 2:44am
Quoting nessus94
{quote} Buying volume + COT analysis showing its time to buy I was waiting this kind of new lows on daily to start buying for 1.34xx I may be wrong though, so good luck to all
With COT analysis are you taking the contrarian trade or something else?
Don't Leave Money on the Table
  • #442,337
  • Oct 4, 2016 2:48am Oct 4, 2016 2:48am
Quoting HaLBot
{quote} With COT analysis are you taking the contrarian trade or something else?
Looks like COT is at extreme bearish levels which in the past led to change of major trend. But in the past, we were not at these low levels ..
  • #442,338
  • Oct 4, 2016 2:50am Oct 4, 2016 2:50am
Longs today
Attached Image (click to enlarge)
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Know yourself before fight with the market.
  • #442,339
  • Oct 4, 2016 2:55am Oct 4, 2016 2:55am
Long added 3 now in stock short hedge any break and buy any dip from it if possible
  • #442,340
  • Oct 4, 2016 3:00am Oct 4, 2016 3:00am
Quoting elbert3
Long added 3 now in stock short hedge any break and buy any dip from it if possible
Eur/Gbp not seen at this level since August 2013.....
Don't Leave Money on the Table
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