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Cable Update - Continued 61 replies

Cable (GBPUSD) vs Euro (EURUSD) 27 replies

Cable Update (GBP/USD) without Idiots 23 replies

Why is GBPUSD called cable? 66 replies

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Cable Update (GBPUSD)

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E. and BP 5' --- I don't see much zeal and excitement..... I raised my SLs to lock in some prfts......

I am on the alert for a reversal at some point. Patience.

Quoting shakmoney
{quote} keep dreaming
Dreams give people the strength to live.
Moti's comments from yesterday may not have been useful but he is the only one who has supported by highlighting all the possibilities. I myself am a follower of his and I have suffered a lot. Still I say Moti is awesome. The market follows his pace and we try to win with our thoughts. Always win. Not being able doesn't mean I'm wrong. Let's applaud him for his cooperation.
Love you Moti.
Quoting KareemAliFx
Look how many longs got taken out this morning, bullish uj {image}
Do you think this UJ negative longs include cancelled orders?
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For 10 pips from the close of this candle
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Quoting Moty
{quote} I never cry about money , only on people that i love
That's a nice quote ,,the thing is you wear your heart on your sleeve and good for you,you will get it ,,in life we have to learn ,,a baby has never walked but the baby keeps trying to get up,,the baby gets some hard falls ,,,bangs its head a few times ,until the day the baby gets it,,then he walks then he runs,,,so keep learning Regards E
Quoting shakmoney
{quote} lol u serious??? It'll hit 1.20 n below first
YES
Quoting Jolita
{quote} Do you think this UJ negative longs include cancelled orders?
I’m not sure but judging where the wick ends , it is very likely that was all to stop longs out before the next impulse up. It went straight down to the liquidity zone
Master your mind. Master Trading.
Close below 1.21 will yield more shorting
Hej fellows it is potentially a trap , Will be a short squeeze. How hard I have no idea. Fucking dollar is very powerful. Making me surprise again and again.
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Quoting KareemAliFx
{quote} I’m not sure but judging where the wick ends , it is very likely that was all to stop longs out before the next impulse up. It went straight down to the liquidity zone
I was reading somewhere hedge funds add positions and remove later to create confusion and believe, also by doing this sometimes they lose too
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E. and BP 5' --- FLAT in both. Reversal underway...????

Quoting KareemAliFx
{quote} I’m not sure but judging where the wick ends , it is very likely that was all to stop longs out before the next impulse up. It went straight down to the liquidity zone
Oil is finally lower this week, strange to see shorts in negative.

Thanks

Latest open interest 90 and 85 are busy areas, positions will be hedged
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Quoting Jolita
{quote} I was reading somewhere hedge funds add positions and remove later to create confusion and believe, also by doing this sometimes they lose too
yup they like to induce traders into taking the opposite direction and then using their positions to their advantage. Happens all the time . For example , They would push price above resistance to induce longs then drop it down and wipe em clean. Or push price above a trendline take time to have retail build longs and trap them. Love catching those moves ! Most people are saying the drop on UJ today was an intervention but this happened at 2 in the morning Japan time and the price action screams stop hunt to me. Let’s see what happens

Cheers !
Master your mind. Master Trading.
Quoting KareemAliFx
{quote} yup they like to induce traders into taking the opposite direction and then using their positions to their advantage. Happens all the time . For example , They would push price above resistance to induce longs then drop it down and wipe em clean. Or push price above a trendline take time to have retail build longs and trap them. Love catching those moves ! Most people are saying the drop on UJ today was an intervention but this happened at 2 in the morning Japan time and the price action screams stop hunt to me. Let’s see what happens Cheers...
It is their task to wipe out all weak traders. If you look at the chart to see how hedge fund managers trade, they always trade opposite other traders, and if there s a bull in the field, hedgers will control the price and oppose them.

UJ, I caught a bit of this, will see if price will be pushed lower. We were due a retracement and bears are hungry.
Who here has targets at 1.20 and below
nothing to stop it reaching 1.181 if 1.208 holds as resistance.

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its all just one persons opinion....
Quoting Jolita
{quote} Oil is finally lower this week, strange to see shorts in negative. Thanks Latest open interest 90 and 85 are busy areas, positions will be hedged {image}
Looks like oil is due for a drop bigger time frames scream it and also strong dollar will push it lower . Oil demand is much bigger during summer , we are now heading to winter . Good luck
Master your mind. Master Trading.
Quoting KareemAliFx
{quote} Looks like oil is due for a drop bigger time frames scream it and also strong dollar will push it lower . Oil demand is much bigger during summer , we are now heading to winter . Good luck
My view will discount to $80, then long to $150, October is high demand, winter season and shortage.
Thanks, good to you too.
Quoting Nordling
short Dow Jones, GU, EU before it's too late
Gu and eu shorts doing good. Before the fact as always. Switched to selling xauusd rather than dj30 due to risk management tho. I didn't mention shorting xauusd but we can ignore that part

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Hopefully they go down more and give me a bday gift lol. Dang i came here when i was 20. Now i am turning 23. Man's getting old
I make my own luck.
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