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Cable Update (GBPUSD)

  • #442,661
  • Oct 6, 2016 4:46am Oct 6, 2016 4:46am
#GBPUSD target hit I'm long 1.2666 now.... if my calculation are correct the short term bottom is in.... looking for higher prices
Attached Image
"W. D. Gann said that time is the most important factor among all things."
  • #442,662
  • Oct 6, 2016 4:46am Oct 6, 2016 4:46am
Quoting el_duende
{quote} Who are these buyers?
Can't name them, but the so called SM (smart money) is
Make money by doing the opposite of Giveachance aka loser
  • #442,663
  • Oct 6, 2016 4:51am Oct 6, 2016 4:51am
Quoting USDollar
#GBPUSD target hit I'm long 1.2666 now.... if my calculation are correct the short term bottom is in.... looking for higher prices {image}
you catching falling knives . i meet you 2611 price
  • #442,664
  • Oct 6, 2016 4:52am Oct 6, 2016 4:52am
later chart. now i am on mobile
  • #442,665
  • Oct 6, 2016 4:52am Oct 6, 2016 4:52am
Quoting pointlessfor
{quote} you catching falling knives . i meet you 2611 price
Can I go all in for 1.2611 ? Its guaranted ?
Make money by doing the opposite of Giveachance aka loser
  • #442,666
  • Oct 6, 2016 4:55am Oct 6, 2016 4:55am
Quoting P.Action
{quote} similar view with descending channel. {image}
1.2675 is key level for now.

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  • #442,667
  • Oct 6, 2016 4:58am Oct 6, 2016 4:58am
It already broke below that level. The pair is in freefall.
  • #442,668
  • Oct 6, 2016 4:58am Oct 6, 2016 4:58am
Quoting pointlessfor
{quote} you catching falling knives . i meet you 2611 price
you may be correct, but if it cracks 1.2662 it may head even lower to 1.2574
"W. D. Gann said that time is the most important factor among all things."
  • #442,669
  • Oct 6, 2016 5:00am Oct 6, 2016 5:00am
Bear trap for sure. See u all at 1.29xx
Trade with knowledge
  • #442,670
  • Oct 6, 2016 5:00am Oct 6, 2016 5:00am
Quoting USDollar
{quote} you may be correct, but if it cracks 1.2662 it may head even lower to 1.2574
Crack on what tf ?
Make money by doing the opposite of Giveachance aka loser
  • #442,671
  • Oct 6, 2016 5:03am Oct 6, 2016 5:03am
Reject 12650 i ll long for now
  • #442,672
  • Oct 6, 2016 5:05am Oct 6, 2016 5:05am
Will ECB news affect GU pair?

http://www.ecb.europa.eu/press/accou...161006.en.html

I'm considering this lines:

Taking into account the foregoing discussion among the members, on a proposal from the President, the Governing Council decided to keep the interest rates on the Eurosystem’s main refinancing operations, the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.40% respectively.
The Governing Council continued to expect the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the net asset purchases.
Don't trust me. I'm still newbie
  • #442,673
  • Oct 6, 2016 5:06am Oct 6, 2016 5:06am
Quoting nessus94
{quote} Crack on what tf ?
Daily
"W. D. Gann said that time is the most important factor among all things."
  • #442,674
  • Oct 6, 2016 5:07am Oct 6, 2016 5:07am
ok so the low is 1.2653 its still holding on..... time will tell
"W. D. Gann said that time is the most important factor among all things."
  • #442,675
  • Oct 6, 2016 5:08am Oct 6, 2016 5:08am
Quoting NaimFx
Bear trap for sure. See u all at 1.29xx
i see you dont know nothing about traps. 90% here only playing not trading. they only burn accounts . stop play and start trading. if its not for you when go to work.
  • #442,676
  • Oct 6, 2016 5:10am Oct 6, 2016 5:10am
if my calculation pan out.... the bear trap is set.... if it goes lower then my calculation level is not the right support for a short term swing low
"W. D. Gann said that time is the most important factor among all things."
  • #442,677
  • Oct 6, 2016 5:15am Oct 6, 2016 5:15am
Quoting USDollar
if my calculation pan out.... the bear trap is set.... if it goes lower then my calculation level is not the right support for a short term swing low
How do you calculate? is it some specific calculations?
Make money by doing the opposite of Giveachance aka loser
  • #442,678
  • Oct 6, 2016 5:20am Oct 6, 2016 5:20am
If all you bottom pickers could just please stop buying and sell like the rest of us...
It takes a lot for me to IGNORE you, but you can try.
  • #442,679
  • Oct 6, 2016 5:22am Oct 6, 2016 5:22am
Quoting USDollar
if my calculation pan out.... the bear trap is set.... if it goes lower then my calculation level is not the right support for a short term swing low
your strategy works on consolidation . on big corrections like 200-400 pips, but not against the trend big trends like this . your strategy is good but try to trade only with a trend and i think you win everytime
  • #442,680
  • Oct 6, 2016 5:26am Oct 6, 2016 5:26am
Quoting pointlessfor
{quote} your strategy works on consolidation . on big corrections like 200-400 pips, but not against the trend big trends like this . your strategy is good but try to trade only with a trend and i think you win everytime
stopped out.... pound is going lower
"W. D. Gann said that time is the most important factor among all things."
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