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Cable Update (GBPUSD)

  • #443,501
  • Oct 12, 2016 4:46am Oct 12, 2016 4:46am
Quoting NorthernFX
{quote} I agree with you also, shorted at that as I thought it was a key level, grabbed 40 pips and now I'm out. I think hard brexit is not as likely as it's being made out to be, I think we will see more comments about soft brexit from now on. Again something like this hasn't happened before so anything could happen.
Soft brexit? Yeah you got that right. Especially from EU part.
  • #443,502
  • Oct 12, 2016 5:05am Oct 12, 2016 5:05am
http://news.forexlive.com/!/dont-be-...rexit-20161012
  • #443,503
  • Oct 12, 2016 5:08am Oct 12, 2016 5:08am
Will market again get liquidity from below 1.2225 to go up? Let's watch the reactions.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,504
  • Oct 12, 2016 5:11am Oct 12, 2016 5:11am
Quoting Ramadas
Will market again get liquidity from below 1.2225 to go up? Let's watch the reactions.
if up, good to sell in rally 1.2400 - 1.2420
  • #443,505
  • Oct 12, 2016 6:10am Oct 12, 2016 6:10am
PM May is questioned in UK parliament. Volatility danger!
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,506
  • Oct 12, 2016 6:11am Oct 12, 2016 6:11am
http://www.bloomberg.com/news/articl...ur-day-decline
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,507
  • Oct 12, 2016 6:28am Oct 12, 2016 6:28am
And the truckload to read: http://news.forexlive.com/!/forexlive-00-20161012
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,508
  • Oct 12, 2016 7:10am Oct 12, 2016 7:10am
Well it is looks like gravity is pulling this thing down slowly.
  • #443,509
  • Oct 12, 2016 7:15am Oct 12, 2016 7:15am
Quoting jurek
Well it is looks like gravity is pulling this thing down slowly.
On the other hand, you can see it like this. Let's see what american fat cats think.

Attached Image (click to enlarge)
Click to Enlarge Name: dBpz77x.jpg Size: 298 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,510
  • Oct 12, 2016 7:45am Oct 12, 2016 7:45am
Quoting Ramadas
{quote} On the other hand, you can see it like this. Let's see what american fat cats think. {image}
They don't give a damn.
  • #443,511
  • Oct 12, 2016 7:46am Oct 12, 2016 7:46am
here we go .
  • #443,512
  • Oct 12, 2016 7:46am Oct 12, 2016 7:46am
Quoting mades
{quote} They don't give a damn.
OK, short then, according to strong dollar sentiment,
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,513
  • Oct 12, 2016 7:59am Oct 12, 2016 7:59am
--
Attached Image
  • #443,514
  • Oct 12, 2016 7:59am Oct 12, 2016 7:59am
I thought the Flash crash occurred because of an option which was due to materialise last Friday but was then cancelled presumably because of the possibility that interest rates wouldnt go down in December. The turning point was just passed the 1.618 extension from July 2014 high and Jan 2009 low. This marked the bottom of wave 3 from Nov 2007 and the smaller wave 5 from July 2014. The very quick move up appears to be an A wave in the correction and now we are in B wave down to 11850 or 11700 or thereabouts followed by wave C up. I see this wave 4 or correction as lasting sometime but the inevitable will happen with CABLE at 0.7520
  • #443,515
  • Oct 12, 2016 8:02am Oct 12, 2016 8:02am
Cable getting hammered by murica, +30 pips so far, after it fell from consolidation

Attached Image (click to enlarge)
Click to Enlarge Name: e4Olfj9.jpg Size: 296 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,516
  • Oct 12, 2016 8:13am Oct 12, 2016 8:13am
short cable from current levels to 1.2 SL 2261
I'm high on trading, cant you tell?
  • #443,517
  • Oct 12, 2016 8:19am Oct 12, 2016 8:19am
Quoting Sammih
short cable from current levels to 1.2 SL 2261
yes. same here mate
  • #443,518
  • Oct 12, 2016 8:32am Oct 12, 2016 8:32am
GBP just down for big player enter long order of them. Look volume ( alway working high at low). I don't know how long they will done and go up but D1 after Flash is warning for long term.
  • #443,519
  • Oct 12, 2016 8:39am Oct 12, 2016 8:39am
Quoting Url
GBP just down for big player enter long order of them. Look volume ( alway working high at low). I don't know how long they will done and go up but D1 after Flash is warning for long term.
Sorry what did you say
  • #443,520
  • Oct 12, 2016 8:45am Oct 12, 2016 8:45am
Quoting chiny-fx
{quote} Sorry what did you say
I mean big foot buy GBP in this time. I will wait and don't sell or long in this time. Wait a highlight.
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