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Cable Update (GBPUSD)

  • #495,821
  • Oct 3, 2019 3:39am Oct 3, 2019 3:39am
Quoting Marcieny
I did not like the closing yesterday ... indicates me price fall... take care. for while I go only watch behavior. something tells me buy.and something tells me no ... I prefer not to trade with doubts.
I dont see much doubt with Euro thou, nice big bullish candle
Don't Leave Money on the Table
  • #495,822
  • Oct 3, 2019 3:45am Oct 3, 2019 3:45am
Prepare yourself to 1.23387 and above
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yes yes yes
  • #495,823
  • Oct 3, 2019 3:46am Oct 3, 2019 3:46am
Quoting HaLBot
{quote} I dont see much doubt with Euro thou, nice big bullish candle
for while is quiet there...
I will wait for the us data.
  • #495,824
  • Oct 3, 2019 3:46am Oct 3, 2019 3:46am
Quoting Moty
Prepare yourself to 1.23387 and above {image}
you will get trapped with your longs into NFP.
  • #495,825
  • Oct 3, 2019 3:46am Oct 3, 2019 3:46am
some news effects apparently , lets see , start short them and in this time target bottom . lets see

may be part of the drama show overlap dismay !!
https://www.theguardian.com/world/europe-news
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Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #495,826
  • Oct 3, 2019 3:55am Oct 3, 2019 3:55am
Quoting asgcorp
{quote} you will get trapped with your longs into NFP.
Hey M8 isnt NFP tomorrow?
Don't Leave Money on the Table
  • #495,827
  • Oct 3, 2019 3:59am Oct 3, 2019 3:59am
morning
Long from 2300

based on H4/M30

However if you were to trade Day/H4 yo might want to go short.
In other words: Conflicting Bias so be careful.
in wondering about yourself, you forgot what you came here to be part of
  • #495,828
  • Oct 3, 2019 4:00am Oct 3, 2019 4:00am
Quoting HaLBot
{quote} Hey M8 isnt NFP tomorrow?
sure is. That's why any longs bought today will get trapped until NFP later on Friday unless you TP 10-20 points from entry.
  • #495,829
  • Oct 3, 2019 4:06am Oct 3, 2019 4:06am
Quoting asgcorp
{quote} sure is. That's why any longs bought today will get trapped until NFP later on Friday unless you TP 10-20 points from entry.
unless price blows past 2323-2327 area
lots of R there, but the push is pretty strong

could be wrong.

update: exit with 13 pips. If my hypothesis is correct, M5 will pullback for a jump upwards. Waiting for the reenter.
in wondering about yourself, you forgot what you came here to be part of
  • #495,830
  • Oct 3, 2019 4:08am Oct 3, 2019 4:08am
Quoting Zorrander
Open long TP 2344
Out .. get + 30 pips
  • #495,831
  • Oct 3, 2019 4:15am Oct 3, 2019 4:15am
Okay on the hourly yellow line is 100ma 2303 and turquoise line the 200ma 2332 so if more upside will be supported by 100ma and R @ 200ma
H4 200ma @ 2328
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Don't Leave Money on the Table
  • #495,832
  • Oct 3, 2019 4:19am Oct 3, 2019 4:19am
4 days and the price does not go out of place.
  • #495,833
  • Oct 3, 2019 4:24am Oct 3, 2019 4:24am
Waiting for boris speak on 1 hour later
  • #495,834
  • Oct 3, 2019 4:35am Oct 3, 2019 4:35am
price compressed into asc trn on H1 and also rejected twice @ WP (woodies, more accurate).
Noteworthy setup, whether or not it's fake/real remains to be seen, but the reality check into NFP is
that this data point can override any TA pretty much.
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  • #495,835
  • Oct 3, 2019 4:36am Oct 3, 2019 4:36am
Quoting asgcorp
{quote} you will get trapped with your longs into NFP.
The spike in on the way
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yes yes yes
  • #495,836
  • Oct 3, 2019 4:38am Oct 3, 2019 4:38am
Quoting Marcieny
4 days and the price does not go out of place.
And increases the risk of the outburst, so low profile scalp at times only. Take care.
Though not logical still watching 2298 as limit as targetting down the spike last! Hiccup at 2290 ok before 2264 if! So scalping step by step.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #495,837
  • Oct 3, 2019 4:38am Oct 3, 2019 4:38am
Quoting Moty
{quote} The spike in on the way {image}
I thought we just had the spike...
Whatever it was I enjoyed
Don't Leave Money on the Table
  • #495,838
  • Oct 3, 2019 4:56am Oct 3, 2019 4:56am
I see stronger bear signs and little to support any bullish outcome going into Friday.
Let's see if this asc trn will break down today, then 80% odds that we get a strong dump on Friday in GBPUSD.

The path of least resistance in October is a re-test of September lows (1950) with a possible tech overshoot
to print lows near 1850//1900.
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  • #495,839
  • Oct 3, 2019 4:58am Oct 3, 2019 4:58am
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yes yes yes
  • #495,840
  • Oct 3, 2019 5:00am Oct 3, 2019 5:00am
Quoting Moty
{image}
final call for you to offload your longs.
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