Cable Update (GBPUSD)

Quoting petetong

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yeh anywhere from that 6830 to 7210 has acted as both resistance, support then resistance in the past going as far back as 19 years on monthly chart...any break above that and that 50% fib 2.1162-1.3505 @ 7321 comes nearer so more likely to be tested by price no ? best wishes. {quote} {image}

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Quoting nAVIN2007

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{quote} im down 4.5k swaps is around £160 so far..

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Quoting maximinus

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{quote} You'll survive. Don't have any doubt about it.

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Quoting nAVIN2007

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{quote} it will take a lot longer than a week..infact i have already come to terms that..i might be in this for another year ie we this mofo falls to 1.58 be end of year im holding for 1.5280 if that goes then lower i have a lot of time 2 weeks aint going to do nothing

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Quoting elbert3

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{quote} morning a cup of tea first the trade ,, its best,, gl today

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Quoting albchr

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{quote} Appreciate the answer NAV. You're in my prayers as always. I'm looking to short this to hell at these levels. But with my dinky account I have to be ever so careful about getting the best possible entry. God bless you brother.

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Quoting musani

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hhmmm.. i like to see 4hr new candle come first

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Quoting A-speculator

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{quote} 1.58 eh bro... wow, i have to see where the price is since that price is never in my plan or not yet in my plan.. lol. well, 1.58 as i see it is about 50% of the range and top of smaller range in monthly.. maybe possible price to get there but i really have no idea how long it's gonna take to get there.. why are you targeting price that far? ain't it enough for the account to get back to positive or at least at BE at about 63xx price area? this price area seems "more reasonable" i think..

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Quoting maximinus

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{quote} For you and Derek…this is the best for meditation…Enjoy http://www.youtube.com/watch?v=oJU-fHqMZhM

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Quoting petetong

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with sorry to Navin and any others short...it is just another opinion...but why a continued overall move up at some time may be the highest in probability despite the possible resistance ? advocate for the devil play. best wishes {image}

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Quoting petetong

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with sorry to Navin and any others short...it is just another opinion...but why a continued overall move up at some time may be the highest in probability despite the possible resistance ? advocate for the devil play. best wishes {image}

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Quoting A-speculator

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{quote} that depends on how you look at it... i look it this way.. {image}

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Quoting nAVIN2007

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{quote} this is a trade i took the risk i need the reward I got time no!! really let it fall b4 anything

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Quoting nAVIN2007

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{quote} {quote} its a nice charts but i really dont think price in the triangle is compressed infact try and draw a diamond on the same time frame or at least the beginnings of it

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Quoting A-speculator

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{quote} don't forget bro... always be thankful.. if you manage to be even at BE about 63xx, that's way better than being in negative and you always can start over again..

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Quoting Brynny1945

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{quote} ok.

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Quoting nAVIN2007

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{quote} ofcourse bro..but if it isnt going to break the top it will break the bottom..this is trading

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