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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

USD is gonna drop, in 30M timeframe
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Quoting jayvicious
{quote} exited.. entering buy for scalp m5 shows bullish awhile
If 3 bullish candle formed above 1.24461 ill stick to long
Try short @2435
+- 10 pips
Cheers
my loss is your gain
To 1.249 30mins FVG then Down again?
Not afraid to be wrong, ik what am goin to lose!
Quoting BeeTogether
Short taken at 12442 12380 is back in view, but have a feeling we may get a move up first
Good signal Bro.

Quoting Pat Chiko
{quote} Thanks for signal Bro. I copied you.{image}
GU

Taken as Copied N3.
Credit to the person who made the call.
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I come from the future.
Quoting voeltoez
Long @ 1.2428 tp 1.2460 at mid bb H1
Closed +1...market slow
~ Keep Calm and Trade Carefully ~
Hey everyone,
I'm still new to this game.
I've been using a Demo account for 2 months, but some of my friends suggested using a cent account so I can feel the emotions and pressure. and indeed I'm starting to feel like it.

any suggestions for me? I'm trying some new things (in my opinion) like using this. it's just that (like other beginners) I still don't understand when I enter.
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I think we’ve re-entered the “The only asset to buy is the dollar” again with the Us Treasury selling $170bil of T-Bills today
I think eventually the world will realise that a promise to repay by the US government isn't worth anything. Or any Western government for that matter.
Quoting ManAtArm
Hey everyone, I'm still new to this game. I've been using a Demo account for 2 months, but some of my friends suggested using a cent account so I can feel the emotions and pressure. and indeed I'm starting to feel like it. any suggestions for me? I'm trying some new things (in my opinion) like using this. it's just that (like other beginners) I still don't understand when I enter. {image}
welcome to the jungle...
~ Keep Calm and Trade Carefully ~
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Quoting Bogdanoff
Try short @2435 +- 10 pips Cheers
closed 15 pips
Wait for LO
Cheers
my loss is your gain
1.2410 area might give a buy in the next 30 mins or so
Long 1.2416 Tp 1.2470 SL 1.2380...
Its too quick for m30..muat be reversal soon
~ Keep Calm and Trade Carefully ~
Problem I have is that all I hear from the likes of Peter Schiff, George Gammon, Mike Malloney, Alastair Macleod etc, is that the dollar is devaluing, central banks and governments are moving away from the dollar and dumping US Treasuries, the end of its role as the WRC, and I just can't brining myself to buy the dollar despite me saying to my GF yesterday that the US Treasury set to issue $1 trillion of new debt this month, the dollar will probably go up...

I just can't click that buy on the dollar

If the dollar is devaluing, I can understand it going up against GBP simply because the GBP could be devaluing at a faster rate and it probably is. But against gold?
Pre-Trading Analysis : GBPUSD
Date : 05.06.2023
GMT Time :06:16 AM

Trend Change Trigger : NULL
Current Trend 4Hrs : Down Trend
Daily Pivot : 1.24770
Yesterday's High : 1.25442
Yesterday's Low : 1.24410

An area of resistance has formed at yesterday's high 1.25442 as traders for whatever reason, determined that swing high is a good value. My Principles of Trend Direction states we are in down trend and require to hold below 1.24435 lvl by Bears. Daily Pivot is at 1.24770. On the Upside a break above said resistance ( 1.24435 ) could re-challange Pivot Point.

Bella's GMT Switch will allow me to take trade between 10:30 – 11:00 AM GMT . In the meantime i made some analysis and waiting for Market Participants to provide me clues about future trend direction.

Bella's Trend Trigger v1.0
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Bella's GMT Switch v1.1
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Goddess of Thunder..
Quoting MrFanciful
Problem I have is that all I hear from the likes of Peter Schiff, George Gammon, Mike Malloney, Alastair Macleod etc, is that the dollar is devaluing, central banks and governments are moving away from the dollar and dumping US Treasuries, the end of its role as the WRC, and I just can't brining myself to buy the dollar despite me saying to my GF yesterday that the US Treasury set to issue $1 trillion of new debt this month, the dollar will probably go up... I just can't click that buy on the dollar If the dollar is devaluing, I can understand it...
i can almost guarantee you it will touch 100 in q3, i think this is a technical move to take out stops above weekly swing high so i reckon 106 first

also if people are dumping treasuries then this makes the yields go up and the dollar look relatively more attractive, no ?


edit- also starting to scale in buys on GU 1.2413 for 50 pip target
There is a thick wall below, but I made an H1 wall (blue) and lowered it, so it is short.
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as entered demand fresh , there likely a reaction up with or with 2400 before targeting better support , below 2348 and correction at or above 2400 can be 2449 to 2458 + towards 2484 limit , signal up can be 2425 and breakout 2437. take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Bias is still long for now, waiting for confirmation to buy. If the next high remains below 15m 200MA, I will switch my bias to sell.
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