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- 162 Results (146 Replies, 16 Comments)
- FxMegaCB replied Oct 27, 2015
This is what I see... orange zone is my last sell target 'TP'...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 27, 2015
it may go up to 1.5345 before going down because now it is a triangle pattern. if the USD news is negative which I doubt " I mean it will be positive", then GBP is heading to 1.5285-80 zone. now brokers try to hunt stops because traders to be ...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 27, 2015
I didn't mean to take it that way, It is just that I know most members @ FF are as good, and thought everyone understand what I refer to. it's been always like this, look at monthly, weekly, then trade daily... and so on. no signal, no trade... as ...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 27, 2015
general analysis on both weekly and monthly are obviously bullish, yes it is temporarily bearish on the daily time frame something I have mentioned before when price has failed breakout. if you look more closely at the GBP index, you will notice it ...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 27, 2015
you need to be careful then. The next hour may reverse the candle to green... move your stop to break-even to avoid sudden spike.
Cable Update (GBPUSD)
- FxMegaCB replied Oct 27, 2015
I think it will go down to the zone 1.5285 which is the last bottom IMHO.
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
I guess this happens only in the volatile price, not ranging one though... however, great catch and Thanks for sharing.

Any short-term tick / 10 sec scalpers???
- FxMegaCB replied Oct 23, 2015
glad to hear you are thinking of longs. very true... there should be a pull back next week, but I guess Monday will begin with testing the low first then jump high
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
so you say you sold when the trend was going up till 5500... I guess it makes sense, but why enter opposite of the trend anyways? what if it goes up till say 1.6xxx without going back?? are you going to be ok with that? high DD, mate
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
I would agree with you only if there was a higher high for @ 1.5505 somewhere at the zone 1.57~1.58 then yes your analysis is correct, this is the way I see it. not sure if there is actually deeper down more that 1.5300 at the current situation and ...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
If I knew you are correct, wouldn't I have followed you??
sure I had... but what ruined my analysis is Mario Dragi. if he said nothing, then the market would go beautiful as used to be... I suspected the pattern is 123, then changed my mind ...Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
next support is @ 1.5322 ~ 1.5309... let's see how it reacts with it... long again at that level
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
it looks to me a flag pattern, but not sure because there was no correction after the ECB news... would it go back again to 1.55xx?? now I doubt it, but still valid...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
got hit with SL... crazy market as I said earlier... I think there is more to come, but should be a lot less than what happened so far...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
time for me to enter long with st 1.5340... should be a reversal here!!! never know!

Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
it keeps testing 1.5410 for the 2nd time. if it goes on again, it may break it upward to 1.5430 and then may start going down...
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
Crazy Friday has started just now... may see crazy candles, be prepared



Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
I'm just curious whether the GBP is going to test higher high @ 1.5420 before continuing down to 1.5360-50 or not...

Correction: higher high @ 1.5430 not 20Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
simple, The GBP is barely moving while AUD is jogging up and down. Notice that GBP is just moving within a limited range and soon may break the range to south.
Cable Update (GBPUSD)
- FxMegaCB replied Oct 23, 2015
agree, this is where I setup my next longs @ 1.5360 and 1.5350 zone. This is a solid place to go up. Thanks for sharing your view
Cable Update (GBPUSD)