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Cable Update (GBP/USD) without Idiots 23 replies

Is it just me or is cable acting random? 44 replies

Why is GBPUSD called cable? 66 replies

Cable (GBPUSD) vs Euro (EURUSD) 26 replies

cable short for gbpusd? 6 replies

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Cable Update (GBPUSD)

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SL hit........

Quoting Indiara
{quote} Trade is protected now, so is a free trade. I like the setup so either TP or BE

So TP it is! +45 for the account

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I am neither brave nor stupid...I am just a part time trader
good morning, let's start

short
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Quoting Bella.al
{quote} Saved by Few Ticks waiting for an Update: 'Bella's Resistance : 1.20203' -Bella's Blue {image}

Current Rate : 1.20496

Just arrived back and saw my stop-loss is hit, not a good week for me so far.

Sl is hit -24 Pips
Goddess of Thunder..
Quoting BeeTogether
{quote} I’m looking for a short entry too
take it at the neck line
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Cable short tp 1.19400
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4H. Going to 1.23 . . . . ???????

Shorting at 12051 let’s see if the drop is coming
Quoting Bella.al
{quote} Current Rate : 1.20496 Just arrived back and saw my stop-loss is hit, not a good week for me so far. Sl is hit -24 Pips

Going for one more trade.

Short GBPUSD : 1.20509
S/L : 1.20754
T/P : 1.16680
Goddess of Thunder..
Quoting Bella.al
{quote} Current Rate : 1.20496 Just arrived back and saw my stop-loss is hit, not a good week for me so far. Sl is hit -24 Pips
Yes, a tough start to the week for sure. You will recover and make profits, I know it
I am neither brave nor stupid...I am just a part time trader
Quoting Bella.al
{quote} Going for one more trade. Short GBPUSD : 1.20509 S/L : 1.20754 T/P : 1.16680
The higher the short entry I think the lower it will drop. I’m keeping a higher manual SL in place just because 121 is not out of the clear yet
Quoting Bella.al
{quote} Going for one more trade. Short GBPUSD : 1.20509 S/L : 1.20754 T/P : 1.16680

Bella's Blue Chart. ( been working on some new features and trading same time ..... still ver 1.3 )

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Goddess of Thunder..
GU candles from 1hr to 1 min all turning pretty bearish!
Stubborn, often slow but still learning!
Quoting dantpm
GU candles from 1hr to 1 min all turning pretty bearish!
My trade was almost a complete copy of yesterday, and price went down after that too. I wonder if a big drop is coming? I'm not smart enough to figure these things out, but it might happen.
I am neither brave nor stupid...I am just a part time trader
1.1844 pls ...
Peace Yo!
Quoting Pat Chiko
{quote} GU It's a waiting game for scalper. Enter when the set up allow you. Along the way take out some and add some when PB done with CP to guide your trade decision. {image} Two hour ago, I've given this simple set up....{image}

Whats up GBP ?

The currency pair tries to recover after posting heavy fall from last week peak (Thursday 1.21500).
However, it remains to see how it will react later as the US is to release the CB Consumer Confidence.
A High-impact indicator and is expected to drop from 102.5 to forecast 100.0 points in November.
Below 100, USD will be fcuked.

Just to recap, yesterday, GBP took a hit from the UK CBI Realized Sales.
They came in at -19 points versus the 2 points expected.

Tomorrow, ADP Non-Farm Employment Change is expected at 197K in November versus 239K in October.
Prelim GDP could report a 2.8% growth, while JOLTS Job Openings may drop from 10.72M to 10.24 M.
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Price is challenging the 1.2028 resistance (support turned into resistance).
The broken ascending trendline and the minor descending trendline represent dynamic resistance levels.
As long as it stays under these levels, the price could drop again.

If price goes below 1.1940, activates a larger drop.
A valid breakout above 1.2117, invalidates the downside scenario and validates further growth.

Trade well and stay safe.
Good fuck luck...
I come from the future.
In a case like this, you don't have to wait for a short signal from the hourly super trend,
you can already treat it as if there was a false long signal from the hourly super trend
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SL now set at b/e have some wiring to do. Will be back if I’m not electrocuted
Quoting Whale
First take {image}
stopped out.
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Keep it simple, stupid.
Quoting Pat Chiko
{quote} Whats up GBP ? The currency pair tries to recover after posting heavy fall from last week peak (Thursday 1.21500). However, it remains to see how it will react later as the US is to release the CB Consumer Confidence. A High-impact indicator and is expected to drop from 102.5 to forecast 100.0 points in November. Below 100, USD will be fcuked. Just to recap, yesterday, GBP took a hit from the UK CBI Realized Sales. They came in at -19 points versus the 2 points expected. Tomorrow, ADP Non-Farm Employment Change is expected at 197K in November...
Pound sterling ok ka?
Peace Yo!
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