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Cable Update (GBPUSD)

  • #496,401
  • Oct 7, 2019 8:10pm Oct 7, 2019 8:10pm
Quoting 4Xcalibur23
We're seeing a true fight of the bears and bulls right now but I have my sights set on higher prices above 1.23
Agreed my friend, but then my first resistance point at the moment is around the 1.2209 area, this needs to be broken.
Edit Murphy's law, as i typed,
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  • #496,402
  • Oct 7, 2019 8:41pm Oct 7, 2019 8:41pm
Quoting Dingoman-two
{quote} Agreed my friend, but then my first resistance point at the moment is around the 1.2209 area, this needs to be broken. Edit Murphy's law, as i typed, {image}

Buying at 1.22931 area s/l is me, target is the trailing stop loss.
  • #496,403
  • Oct 7, 2019 8:49pm Oct 7, 2019 8:49pm
short between 2300 to 2320 for 2272 to 2255.
Intraday only.
  • #496,404
  • Edited 10:43pm Oct 7, 2019 10:29pm | Edited 10:43pm
So situation almost same, got time so trying correct a little, though not think this very strong bull will play direct still possible for usdx. If so others down next contine. Lets see, take care in all situation.
For gbpusd, try h1 close above 2304 and hold while protect 2285 play in hand before probable tanking next breaks and back to stay break 2285 for next levels down play.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #496,405
  • Oct 7, 2019 11:53pm Oct 7, 2019 11:53pm
I didn't make a prediction in the Pound Dollar graph, because I got a little lost there
, maybe I would try to take a trade in one of the support and resistance lines
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yes yes yes
  • #496,406
  • Edited 12:53am Oct 8, 2019 12:30am | Edited 12:53am
G'day all..

If we have a bullish day for GU I see GJ lifting due to UJ buying with a target of 133.30....with first stop being 132.60
Then we'd have a trend reversal or a fakeout, either way there's money to made
Attached Image (click to enlarge)
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Don't Leave Money on the Table
  • #496,407
  • Oct 8, 2019 12:33am Oct 8, 2019 12:33am
don't see any change from yesterday, think the risk is still to the upside....
Look Sharp/Trade Tight
  • #496,408
  • Oct 8, 2019 1:04am Oct 8, 2019 1:04am
LONG 1.2299 Target 1.2308
Don't trade what you think. Just what you see!!!
  • #496,409
  • Oct 8, 2019 1:21am Oct 8, 2019 1:21am
Quoting Theoak
LONG 1.2299 Target 1.2308
Spike down took me out - 7.5 pip loss. No clear direction at moment in my view.
Don't trade what you think. Just what you see!!!
  • #496,410
  • Oct 8, 2019 1:22am Oct 8, 2019 1:22am
Bought @ 2295
Attached Image (click to enlarge)
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Don't Leave Money on the Table
  • #496,411
  • Oct 8, 2019 1:26am Oct 8, 2019 1:26am
Can't edit post for some reason....

Bought @ 2295
TP 2330
SL 2260
Don't Leave Money on the Table
  • #496,412
  • Oct 8, 2019 1:34am Oct 8, 2019 1:34am
Quoting Theoak
{quote} Spike down took me out - 7.5 pip loss. No clear direction at moment in my view.
Try again long 1.2300
Don't trade what you think. Just what you see!!!
  • #496,413
  • Oct 8, 2019 1:40am Oct 8, 2019 1:40am
Quoting HaLBot
G'day all.. If we have a bullish day for GU I see GJ lifting due to UJ buying with a target of 133.30....with first stop being 132.60 Then we'd have a trend reversal or a fakeout, either way there's money to made {image}
UJ possibly turning bearish so unless it changes direction can't see GJ doing what I thought it might, unless GU has a stellar day...
Don't Leave Money on the Table
  • #496,414
  • Oct 8, 2019 1:45am Oct 8, 2019 1:45am
Quoting Theoak
{quote} Try again long 1.2300
Taken out again - 11 pip loss .
Don't trade what you think. Just what you see!!!
  • #496,415
  • Oct 8, 2019 1:46am Oct 8, 2019 1:46am
No, don't go for long before hit 1.225xx
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  • #496,416
  • Oct 8, 2019 1:51am Oct 8, 2019 1:51am
Quoting SCopier
No, don't go for long before hit 1.225xx {image}
I think 1.225 is a bit risky for you. You can see the sideways pattern almost ends. You'd better wait up.
  • #496,417
  • Oct 8, 2019 1:53am Oct 8, 2019 1:53am
Rejection
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  • #496,418
  • Oct 8, 2019 1:54am Oct 8, 2019 1:54am
Quoting Theoak
{quote} Taken out again - 11 pip loss .
I've got short on this move in at 1.2289-- went straight through target 1.2284 next target was 1.2276

I'm out of this + 12 pips.

I'll see if a retrace move is on!!!
Don't trade what you think. Just what you see!!!
  • #496,419
  • Oct 8, 2019 2:03am Oct 8, 2019 2:03am
Quoting Theoak
{quote} I've got short on this move in at 1.2289-- went straight through target 1.2284 next target was 1.2276 I'm out of this + 12 pips. I'll see if a retrace move is on!!!
Long in at 1.2281 target 1.2287 ish
Don't trade what you think. Just what you see!!!
  • #496,420
  • Edited 2:21am Oct 8, 2019 2:06am | Edited 2:21am
The cable guy is going to break easily 1.22.Any scalping Long position is going to be wiped out.The entire market is moving today.The Scalpers are welcome on range days...not now.Any technique is good at the right moment...be wise.
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