Cable Update (GBPUSD)

Quoting helioss

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I have analyzed COT on last 12 months. I choose only SMART MONEY position. I try this simple rule: - if SMART MONEY goes LONG, i see if HIGH NEXT WEEK was HIGHER than CLOSE CURRENT WEEK - if SMART MONEY goes SHORT, i see if LOW NEXT WEEK was LOWER than CLOSE CURRENT WEEK Results: 100% signals GOOD Average pips HIGH/LOW from PREVIOUS CLOSE: 145,6pips So this week on GBP we have a LONG SIGNAL, so HIGH NEXT WEEK will BE HIGHER than FRIDAY CLOSE (1.3680) {image}

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Quoting crow

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{quote} UK Minister said he would sell the pound at 1.4000 or more ...

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Quoting MoneyZilla

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{quote} Headland! Thank you very much! In D1 low draw-down is expected, but... this one add up as another hedge strategy (for me)! Just applied that idea, as to one of my hedging approaches... I never thought about that... This is Mega Simplicity! In a direct, non-filtered D1 signal? CRAZY! I never use non-filtered signals... just imagine. This is cent bt, so draw-down is like -$400 and the rest just shows how simple all is... This is absolutely the very first time, something profitable, pops out of this forum! {image}

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Quoting Roszey

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A break of one these SW zones will set the tone for week. {image}

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Quoting helioss

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I have analyzed COT on last 12 months. I choose only SMART MONEY position. I try this simple rule: - if SMART MONEY goes LONG, i see if HIGH NEXT WEEK was HIGHER than CLOSE CURRENT WEEK - if SMART MONEY goes SHORT, i see if LOW NEXT WEEK was LOWER than CLOSE CURRENT WEEK Results: 100% signals GOOD Average pips HIGH/LOW from PREVIOUS CLOSE: 145,6pips So this week on GBP we have a LONG SIGNAL, so HIGH NEXT WEEK will BE HIGHER than FRIDAY CLOSE (1.3680) {image}

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Quoting Moty

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{image}{image}

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Quoting fflush

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{quote} I enter short with your analysis :') OP 1.370 - TP 1.367

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Quoting Moty

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{quote} better wait for break of last h4 candle low {image}

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