Cable Update (GBPUSD)

Quoting Ra.

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{quote} anddd the diatribe on predicting the markets begins.. Of course we don't know where it's going to go, can't I speak my mind on what I believe, or wish for? Though a name is not mentioned, words can still be directed towards an individual, as I have been posting sells, I fall into your blanketed comment and take offense. This forum takes on the environment, like a sports team cheering on their favorite team. Bulls or bears where's it going to go? To single out and criticize people for this just tell me you're an elitist. continue implying...

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Quoting MamounDeb

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{quote} TP1 hit aiming now for TP2. {I lost a bit of money going short following Monty's guts XD (they are usually right though)} {quote} Completely agree. I ignored most of them. I'm still in long +35 pips profit. goal is TP2 @ 1.2965

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Quoting knkie

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{quote} I never named you, but your response shows there is merit to my remark. Humans are not capable of predicting the future. Traders are abysmal at choosing direction. Yet for some reason traders think they have special powers. You can take part in a thread discussion without trying to make predictions or giving advice. Its misleading to make it seem as if you have special knowledge which you do not have.

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Quoting Ra.

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{quote} I ain't a guru, and equate that term to the modern day snake-oils salesman. Not selling anything,nor giving any advice, just my opinions. Pot calls the kettle black. If you'd like, we can all just stare at a blank forum and say nothing if that's what you fancy. Still shorting.

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Quoting Georginson

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{quote} You don't need to explain yourself to anyone, as everyone has their own trading bias. Stick to your analysis and whoever likes it should follow it, the forum is meant for views and discussions. Remember there will always be highs and lows in this market, so at a point in time everyone will be right. My bias is still bearish to 1.2700. Caution and discretion please, stay green.

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Quoting Moty

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{image}{image}{image}

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Quoting mcquak

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There is no sign for being bullish from macro perspective. All macro indicators are heading south at the time. Fiber should follow. I guess we need NY open impulse in order to see volatility and liquidity. Visiting 1.29 is possible though but only as selling point. {image}

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Quoting Moty

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the drop is here {image} {image} {image}

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Quoting montygoldy

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{quote} Absolutely he’s right........monster risks... monster losses.... monster gain....but i start pretty low... 3k deposit only... and already withdrew that as well.. so its all gambling money to burn

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Quoting Moty

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{image}

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Quoting OnlineAddict

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{quote} Well, I hope you will keep riding the wave as long as possible, I know how it is to trade high leverage, but only do it for entertainment now.

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Quoting pipfarm

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{quote} I doubt any wave 5, at best a retest down to 2863 then a break back above 2885 then a push up above 2930 and reversing the swing with possibly a break out finally above the 2970 high , or range again. Cant see the santa rally yet but maybe close

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