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Cable Update (GBPUSD)

  • #451,161
  • Mar 21, 2017 5:18am Mar 21, 2017 5:18am
Quoting elbert3
{quote} Yes like an iner 3 moves just something to be in mind of ! Best have all the ammunition to hand check everything lol
Sheesh, completely missed my entry speaking of ammo,, trading a few other pairs at the time . 1.25 be a big day but not out of the question I wouldnt think,,,damn that miss is gonna bug me now lol,
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  • #451,162
  • Mar 21, 2017 5:28am Mar 21, 2017 5:28am
When the GPB were at 1.2130 most traders here were convinced we were going to under 1.2 even With a RSI of 20.
The figures coming from the UK today shows that UK is still going strong. Net borrowing is strong and inflation is rising. One of the member of the Central bank voted for an increase in the rates last week. I do not think this will happen. Uk need to have low currency for some time going through the tough BREXIT. We have seen higher lows so far. I think the GBP will be in the area minus and plus 1,24 for some time.

On the other hand the RSI is 70 again. The biggest volume this year was short from 1.2568 to 1.2410. We have not seen the same volume on the way up from 1,2110. I have changed my opinium fra beeing long to look for good short oppotunities.Iam always too early but the big Shorter volume must be taken into consideration
  • #451,163
  • Mar 21, 2017 5:29am Mar 21, 2017 5:29am
Quoting DwainUK
Will we catch 1.25 today. Why not
would watch how it acts around 2420 or so if goes down that far tho
  • #451,164
  • Mar 21, 2017 5:30am Mar 21, 2017 5:30am
Quoting MarianneOslo
When the GPB were at 1.2130 most traders here were convinced we were going to under 1.2 even With a RSI of 20. The figures coming from the UK today shows that UK is still going strong. Net borrowing is strong and inflation is rising. One of the member of the Central bank voted for an increase in the rates last week. I do not think this will happen. Uk need to have low currency for some time going through the tough BREXIT. We have seen higher lows so far. I think the GBP will be in the area minus and plus 1,24 for some time. On the other hand the...
A good possibility for sure .
  • #451,165
  • Mar 21, 2017 6:21am Mar 21, 2017 6:21am
Quoting digger1
{quote} Sheesh, completely missed my entry speaking of ammo,, trading a few other pairs at the time . 1.25 be a big day but not out of the question I wouldnt think,,,damn that miss is gonna bug me now lol, {image}
The entry was that 23456 area double bounce as posted on Sunday . Sorry but I had to rub my ego lol . Plenty of trades so never jump in . Regard B
  • #451,166
  • Mar 21, 2017 6:34am Mar 21, 2017 6:34am
Quoting elbert3
{quote} The entry was that 23456 area double bounce as posted on Sunday . Sorry but I had to rub my ego lol . Plenty of trades so never jump in . Regard B
LOL, no problem ,,, I was playing in the euraud and eurnzd since the open ,,, didnt miss any pips for sure but Id rather trade the gbp
  • #451,167
  • Mar 21, 2017 6:35am Mar 21, 2017 6:35am
2474 was the highest triangle target but I was out well before that
  • #451,168
  • Mar 21, 2017 6:37am Mar 21, 2017 6:37am
Orders to sell near this trendline .. maybe fill the recent void
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Trade
  • #451,169
  • Mar 21, 2017 6:38am Mar 21, 2017 6:38am
Quoting digger1
{quote}Keep your stop tight ,, may not be a done deal yet
Stopped out..
  • #451,170
  • Mar 21, 2017 6:53am Mar 21, 2017 6:53am
Still holding a sell from 2457 with a target of 2432.
  • #451,171
  • Mar 21, 2017 7:04am Mar 21, 2017 7:04am
Quoting behram
Still holding a sell from 2457 with a target of 2432.
Keep stop tight ,,,,,,,,, the ole gbp likes the 85 and 25 levels ,,,,,,,,, 1.25 is in between the next 85 and 25 levels ,,,,,,,,and the usd is having a bad day atm
  • #451,172
  • Mar 21, 2017 7:07am Mar 21, 2017 7:07am
3 Day Cable level

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  • #451,173
  • Mar 21, 2017 7:14am Mar 21, 2017 7:14am
Quoting bithedz
3 Day Cable level {image}
i think for now, level 1,24777 will be my attention,,
if the price could break up 1,24777, i think cable can reach 1,25254 or 1,25516
and if the price could not break up 1,24777. i think cable return to 1,24355 or 1,24037
its true, how to read that level????
  • #451,174
  • Mar 21, 2017 7:20am Mar 21, 2017 7:20am
Quoting bithedz
3 Day Cable level {image}
what is your entry trigger ?
Trade
  • #451,175
  • Mar 21, 2017 7:26am Mar 21, 2017 7:26am
Quoting digger1
{quote} Keep stop tight ,,,,,,,,, the ole gbp likes the 85 and 25 levels ,,,,,,,,, 1.25 is in between the next 85 and 25 levels ,,,,,,,,and the usd is having a bad day atm
Hi Digger.

I hope you and your fam are ok.
Can you show me 85 and 25 levels?
Not sure what you mean by that.

Thnx. P
  • #451,176
  • Mar 21, 2017 7:39am Mar 21, 2017 7:39am
Quoting Arnoud
{quote} what is your entry trigger ?

feeling ( First Eliminate Ego Let It going)

PA at Supply and Demand or Support and Resistance ( flat/side way)

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  • #451,177
  • Mar 21, 2017 7:40am Mar 21, 2017 7:40am
Quoting bithedz
{quote} feeling ( First Eliminate Ego Let It going) PA at Supply and Demand or Support and Resistance ( flat/side way) {image}
Cheers
Trade
  • #451,178
  • Mar 21, 2017 7:41am Mar 21, 2017 7:41am
GBP/USD rallied following UK inflation data, rising to three-week highs. The pair was found near the area of 1.24505.
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LIVE account login: 888000229 Inv pword: HpLk5uQ
  • #451,179
  • Mar 21, 2017 7:43am Mar 21, 2017 7:43am
Quoting herlanadha
{quote} i think for now, level 1,24777 will be my attention,, if the price could break up 1,24777, i think cable can reach 1,25254 or 1,25516 and if the price could not break up 1,24777. i think cable return to 1,24355 or 1,24037 its true, how to read that level????
Yes Buddy, that right

sumuhun akang, sami2 elmuna ti kang gun ieu oge.
  • #451,180
  • Mar 21, 2017 7:52am Mar 21, 2017 7:52am
1 hour showing dt at this time short entered 2460 sl 5 pips long order on top and target 2440 area
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