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Cable Update (GBPUSD)

Quoting Chris_35
Long order picked up @ 12020 T/P 12050 But if bullish move starts to look weak, will T/P manually
Im all out as too much sideways and not wanting any longs with NY in the game
Quoting ScalaFX
{quote} Risky risky adding to my longs more
Previous protected closed by SL, last longs from 2035 added 2020 2025, pendings every 10 pips down till 196, will be targeting 2160
People don't plan to lose. They lose because they don't plan.
Potential Double Top on USD.

Buy GBP 1.2022
1st TP 1.2050
2nd TP 1.2100
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yes i see plenty of double tops
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Indicators on my chart help me guess the trade they do not guarantee result
Quoting Theoak
{quote} If it can break and hold 1.2030 then shorting target 1.2015 Short in at 1.2026 target 1.2015 then if does not show any signs of the bull will look for new target of 1.2000 round number, but should go slightly past in my view.. {image}
Well Target hit stops to BE run the rest
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Don't trade what you think. Just what you see!!!
low risk for buy, risk -10p low of day
~ Trading is like a religion.
on h1, h4 and d1 timframes there are a downward movement. and i do not see any prerequisites in news and on market that the situation may change in the near future.
Quoting Mnsgroup
{quote} update: closed all shorts. {image}
closed all shorts again.
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Quoting ScalaFX
{quote} Previous protected closed by SL, last longs from 2035 added 2020 2025, pendings every 10 pips down till 196, will be targeting 2160
Is the 2160 target possible? Of course, anything is possible from the market
I pray to rain of GOLD from the sky for you and me
Quoting PatienceFx
yes i see plenty of double tops {image} {image}
You made me fell in love with Canadian girls bro
Trade at good levels or no trade at all!
Khm. I shall refrain from guessing where the price should go. SL hit of course. Waveski said it the best. Flip a coin and go. With great money management you should be okey even without anything to look at.
short at 12018 but maybe a flip of the coin would be just as good
Quoting RaHaG0D
{quote} Is the 2160 target possible? Of course, anything is possible from the market
Look at H1 H4 is there nice imbalance zone, I think price can want to close this to end of month before next leg down, lets see
People don't plan to lose. They lose because they don't plan.
Quoting TheWolf
Khm. I shall refrain from guessing where the price should go. SL hit of course. Waveski said it the best. Flip a coin and go. With great money management you should be okey even without anything to look at.
Where's the maths behind that? If you factor in the spread then you will always lose!
Don't trade what you think. Just what you see!!!
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It is called slow burn. Price slowly moving down. Not a good sign for bulls. I am still holding my buy from 2035. Won't hesitate to cut if 2000 gives in. Not ready to give back my profits to the market. Not at all.

Both EU and GU missed their pivots today, especially EU which missed it by almost 30 pips or so. Either a heavy dump awaits or a climb back up. I hope for the latter.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting ScalaFX
{quote} Look at H1 H4 is there nice imbalance zone, I think price can want to close this to end of month before next leg down, lets see
I think 2100-2110 is more likely for the price to return to 1.17-1.19.The higher the price, the more excited it is to fall, 1.216 is going to be very exciting. Let's see
I pray to rain of GOLD from the sky for you and me
Quoting epzero
1.2007 is our low for today , I expect market to range and slowly buy back up
Quoting Chris_35
{quote} Im all out as too much sideways and not wanting any longs with NY in the game
Huh What do I know?
Good fake bears, now let me take yours profit from market
People don't plan to lose. They lose because they don't plan.
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