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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

Quoting AlfieSolomon
I think it's targeting the 1.197 region which is also a FVG on Daily timeframe
I am shorting now
Quoting MrFanciful
{quote} How do you determine where it's going? I always seem to be on the wrong side.
Quoting Bainbrito
Looking at the weekly chart it seems to me that there is more than enough momentum for price to reach 1.2
Follow the momentum - if you zoom out or stand across the room from your chart you should be able to see the direction and if not move on to another pair. Think of the trend as a large ship and you just want to hitch your little boat to it and be pulled along with it - trying to predict reversals and so forth is foolish, anything that requires great management on your part should be passed over, let the trend do the work for you whatever timeframe you're looking at..

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"...averaged out, betting on the quality of a business is better than betting on the quality of management. In other words, if you have to choose one, bet on the business momentum, not the brilliance of the manager." - Charlie Munger
“If you want to draw a bird, you must become a bird” - Hokusai
Quoting MrFanciful
Think I'm going to close my account and find something else to waste my money on
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Price is not loosing the momentum yet, strong uptrend on Daily, H4, H1.
Quoting PatienceFx
booked all trades {image}
damn missed that big move
Lot size on my chart is for demonstration only, my actual is way higher
Big move past 1960 I had auto tadreds there so the long was win but not had a stop on auto sell . So holding a loser right now
news bring more pips
soon will get more target on the ways
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Bear time soon
daily imbalance just filled.
may the bear turn for fill those recently upmove.
Training.
... Wkly R1 & 144% 30day adr reached @ current dly hi. Anyone holding a short position before the data was mad to do so...forecasts (which is all we have) were for a drop in Ppi as per Cpi last week, and look at that reaction!
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
Time to step away for me, not selling this, not buying into such a strong resistance area either.
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“If you want to draw a bird, you must become a bird” - Hokusai
Some of us BEARS must be exhausted by now.
Time for MM to drag this down

Nothing new! I am currently swimming in an ocean (If you get my drift)
EURJPY gave me a bit of room for DD

I wish I equally sized my positions on both.
Anyway, let's see

I have hopes for 1.1555 still

Cheers
Wtf did I just miss??
Quoting JayBag
Some of us BEARS must be exhausted by now. Time for MM to drag this down Nothing new! I am currently swimming in an ocean (If you get my drift) EURJPY gave me a bit of room for DD I wish I equally sized my positions on both. Anyway, let's see I have hopes for 1.1555 still Cheers
1.1555 today might be a stretch!
Y/Y PPI 8% ? ONLY way to kill that is for a WAY stronger dollar

Market is lost
COT: The precious data ignored
If you are in RED.... just take a deep breath..... You are not alone.... lol
Quoting dantpm
{quote} 1.1555 today might be a stretch!
Oh, I think it's doable or at least close.
It does not matter when it comes but as long as we manage to get there.

Just one sneaky Bearish candle will do the trick
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Quoting BeeTogether
Wtf did I just miss??
Me getting raped
Pending triggered at 2027 and stop 2100.
targeting maybe 4h imbalance and extreme point to fill 141x.
just my view.
Training.
Quoting randu
If you are in RED.... just take a deep breath..... You are not alone.... lol
I am swimming in it ATM. I have room though but I still need swimming lessons
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