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Cable Update (GBPUSD)

Good Morning
I am still short on the GBPUSD.

Be aware there is a key resistance level at 1.2982 area.A 50% Fib retracement. If she reach this area there might be a strong bounce from there.
If she breaks expect to hit 1.29000 area
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or the markets might stay dead flat today until just before NFP this afternoon.
Seeing that everyone here is news traders.
Quoting Henry2501
or the markets might stay dead flat today until just before NFP this afternoon. Seeing that everyone here is news traders.
market is waiting for NFP and more important hearly earning data, i think the strong supports ( 3018, 1992 and 2961 ) will be broken aftar that ( in the event of good data )
Quoting Theoak
Hi All, on the bear ride . Target 1.3025
Hi - New target 1.3000
Play it by beer!!!
Quoting Theoak
{quote} Hi - New target 1.3000
Out of this trade couple of pips of target... This has potential to go lower.... approx 1.2990
Play it by beer!!!
Beautifull trades.. Eu same
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If i fail, i`ll start over.... (insanity?)
Time to go
Quoting Spmt
{image}
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Looks spikey

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Come with me if you want to live....
waiting for data made me nervous! Gbp will go down 2961 if data are green and on the other hand, possibility of being a butterfly pattern (3119: h4) if data are red
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Intra day only.
Haleluya for US its all Green !!
But the drop is not so massive ya ?
Quoting Mrcl
Haleluya for US its all Green !! But the drop is not so massive ya ?
Have to give it time, big traders just eating breakfast, will probably do it during ISM after NY open lol Always expect the unexpected.

Regards,
Paul
Quoting Mrcl
Haleluya for US its all Green !! But the drop is not so massive ya ?
Inflation is main problem, hourly earning was less than expected!
It might be retracing
The fragrance remains in the hands of those that gves the rose
Quoting navk
{image}
can you please share this indicator(pivot with historical lines).
thanks
Quoting beejay
{quote} can you please share this indicator(pivot with historical lines). thanks
https://www.forexfactory.com/showthr...5#post12039975
Intra day only.
Quoting navk
{quote} https://www.forexfactory.com/showthr...5#post12039975
thanks
What a great day it was... didn’t expect a rise like this, but was glad i bought after i closed my sells at 1.2999
Have a good weekend
If i fail, i`ll start over.... (insanity?)
FLy Fly
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Quoting Henry2501
Heres a simple example. Never under estimate the power of a simple Exponential moving average. No need for fancy indicators. Notice all the old trades. Always taking profit at the Yellow moving average. You trade towards it or away from it. That simple. {image} red lines are short trades Blue lines are long trades.
Hello Henry. Can you share your not standard numbers MA, please? If not so ok, without problems
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