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OnlineAddict replied Jun 6, 2014Not yet, for me, look at 6860 on your chart, it would be a perfect way to re-test the channel next week and then finally crash below 1.65.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014If it does, I would long it around 3580. But for gbp, its enough for eur to go close to 36, it should take gbp to 6760, at least.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014Careful with opening longs now...eur is crashing, too. The dollar index is on its way to 80.50, when it starts topping there, might be a good chance to enter longs on gbp. I hope it will be around 6750.

Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014I told you, the long spike was a trap, it was in the charts since the end of yesterday's session.

Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014The good thing about gbp, once it starts falling, its unstoppable. Same with an upmove, though.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014I think 6850 is still in the way of a big down move, until that is taken out, it won't go below 6650. I will have a short order there, too, after a LL is hit.

Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014Yep, if we do, 6665 next week is almost given. But its friday, volume will go down...will be hard.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 20141.68 gone...now 6790 and 6780 have to go and then the 50s should be possible. I don't think a close lower than 6750 is possible, though. That would create a big bear on weekly, bulls will want to defend that.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014The important thing is that yesterday, GBP didn't rise because of its strength, but because of the euro strength, gbp just ride along. Those moves mostly reverse, once eur starts falling, gbp should fall twice as fast. But we will know for sure ...
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014I think its time to close the longs...now or during the next up spike. But I might be wrong.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014Next one is to break 1.68 to confirm it was a trap.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014Looks like a trap for bulls, I wouldn't enter long here.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 20146830 hit, looks like a setup...might drop right from here...
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014Good bear finish on the H4, when the price was sitting at 1.6810 just 20 seconds before the end, I was starring at it and thought for myself "Ok, not go back to 6807 to close" and thats where it end up at. lol Now I can finally sleep until NFP.
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014I'm sorry about this comment, it keeps crossing my mind since I posted it. Even though some people here are annoying, I still shouldn't made fun of people in red, we all end up there at some point.
EURUSD
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OnlineAddict replied Jun 6, 2014And 1.3630 hit, time to look into longs around NFP. The lower it goes, the better. Ideal scenario for longs is below 1.3610.
EURUSD
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OnlineAddict replied Jun 6, 2014Haha, I just set my TP to 6750 and a buy order at 6747, before going back to sleep. I hope we will go down to 70s before NFP, then a quick news spike could open my buy order, as there won't be time to do it manually, I think. But after that, I don't ...
Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 201480 won't be easy to break, won't happen at one try, I think. But if it does, 6750 is very probable. Now lets break it under 68, so I can get back to sleep.

Cable Update (GBPUSD)
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OnlineAddict replied Jun 6, 2014Hmm, not even a spike above 1.6816, monthly pivot is too strong and looks like I was right about the loading up before the short thing. I changed my target from 6784 to 6750. About NFP, why do people consider it so important? Its just news, it ...
Cable Update (GBPUSD)
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OnlineAddict replied Jun 5, 2014That would be perfect for a long entry, not sure if its possible, though. If there is a spike to load longs during NFP, that can create 30 pips max, these days. Lets see where eur is when US session starts tomorrow...my guess would be 1.3630.
EURUSD