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Cable Update (GBPUSD)

  • #443,641
  • Oct 13, 2016 11:38am Oct 13, 2016 11:38am
Quoting FastPipn
GU Short 1.2206 Target 1.2160
Wtf. Out +5.

Short again at 1.2226 Target 1.2160
Just 20 pips a day to riches
  • #443,642
  • Oct 13, 2016 11:48am Oct 13, 2016 11:48am
Quoting FastPipn
{quote} Wtf. Out +5. Short again at 1.2226 Target 1.2160
Too early to shorten in this time. I give you two locations considered. Patience.
  • #443,643
  • Oct 13, 2016 11:50am Oct 13, 2016 11:50am
Quoting FastPipn
{quote} Wtf. Out +5. Short again at 1.2226 Target 1.2160
Fat cats hunting stops of other fat cats, also went short. Usually the harder it is to enter, the better the trade. Like in this case. If it will not bounce off this level short, but make a support from this level I will exit.

Attached Image (click to enlarge)
Click to Enlarge Name: X4gbpmu.jpg Size: 280 KB


TP mid s1 weekly at 1.2168
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,644
  • Edited 12:06pm Oct 13, 2016 11:56am | Edited 12:06pm
Quoting Ramadas
{quote} Fat cats hunting stops of other fat cats, also went short. {image}
I don't think so. It breaks in time EU nearly closed and with weak volumes will not stop like a hunter. I still hold above 1.225 levels and will test early 1.23. Can test 1.23 in today or AS tomorrow.
  • #443,645
  • Oct 13, 2016 12:04pm Oct 13, 2016 12:04pm
Long Gu @1.225
Sl 1.22
Tp 1.24
I'm high on trading, cant you tell?
  • #443,646
  • Oct 13, 2016 12:12pm Oct 13, 2016 12:12pm
GU Under < 1.2325 short rallies , GU over > 1.2325 next resistance 1.2485

sell limit @ 1.2316 stop 20pips tp open trail.
Scoobi doobi doo
  • #443,647
  • Oct 13, 2016 12:13pm Oct 13, 2016 12:13pm
I don't see any bounce down, so going long. TP 1.23, still 50 pips in ADR

Attached Image (click to enlarge)
Click to Enlarge Name: AZKSyfG.jpg Size: 227 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,648
  • Oct 13, 2016 12:15pm Oct 13, 2016 12:15pm
Quoting Sammih
Long Gu @1.225 Sl 1.22 Tp 1.24
Huhhh! Is the bear show over?
  • #443,649
  • Oct 13, 2016 12:15pm Oct 13, 2016 12:15pm
Quoting Ramadas
I don't see any bounce down, so going long. TP 1.23, still 50 pips in ADR {image}
Like your RR 1:2 trade but 98% your stop will be taken out as bears will take control selling any rally < 1.2325
Scoobi doobi doo
  • #443,650
  • Oct 13, 2016 12:17pm Oct 13, 2016 12:17pm
Hi Sammih,

Is there chance to go down to 2210?
  • #443,651
  • Oct 13, 2016 12:18pm Oct 13, 2016 12:18pm
Quoting yuddy
{quote} Huhhh! Is the bear show over?
Bears not over for long time, they will give bulls some hope before sinking to new lows below weekly low 1.2088 with another headline "Therasa May rejects some proposal for article 50 blah blah..." in thin trading conditions...

Fed gonna raise rates end of Nov 2016 post US elections Vs BOE talking about more QE to stimulate economy in Nov + Brexit confusion ongoing tussle UK vs EU

USD stronger than > GBP . fading any gbp rally is the best option.
Scoobi doobi doo
  • #443,652
  • Oct 13, 2016 12:22pm Oct 13, 2016 12:22pm
here we go longs working.
  • #443,653
  • Oct 13, 2016 12:24pm Oct 13, 2016 12:24pm
Quoting 4xxxx4
Hi Sammih, Is there chance to go down to 2210?
yes its there...but im not counting on it
I'm high on trading, cant you tell?
  • #443,654
  • Oct 13, 2016 12:25pm Oct 13, 2016 12:25pm
Quoting yuddy
{quote} Huhhh! Is the bear show over?
not by a long shot, but lemmy catch some few pips here....
I'm high on trading, cant you tell?
  • #443,655
  • Oct 13, 2016 12:26pm Oct 13, 2016 12:26pm
An examination in area 1.23 - 1.2325 started. I will get profit when reaching that point. I feel tomorrow news will pull it down again.
  • #443,656
  • Oct 13, 2016 12:30pm Oct 13, 2016 12:30pm
Possible play in action
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1stetch.png Size: 55 KB
I'm high on trading, cant you tell?
  • #443,657
  • Oct 13, 2016 12:36pm Oct 13, 2016 12:36pm
Quoting pointlessfor
here we go longs working.
With all the green us data that happened today, you comfy on going long?
  • #443,658
  • Oct 13, 2016 12:39pm Oct 13, 2016 12:39pm
Quoting Sammih
Possible play in action {image}
That chart looks scary, whoa! That could be profesying end of the bear show
  • #443,659
  • Oct 13, 2016 12:46pm Oct 13, 2016 12:46pm
Quoting Sammih
Possible play in action {image}
i will wait for pullback and will add longs
  • #443,660
  • Oct 13, 2016 12:47pm Oct 13, 2016 12:47pm
Quoting yuddy
{quote} With all the green us data that happened today, you comfy on going long?
yes could go 2950 easy . from here. i have one long from 2180 . will see
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Ahsan