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Cable Update (GBPUSD)

  • #509,281
  • Jan 21, 2020 7:08am Jan 21, 2020 7:08am
Quoting thevisitor
{quote} good point, traders focusing too much on DXY while trading cable. personally i don't look at..
it depend how we used them as a guide mate..
same like we add indicator or drawing some line at our charts
all because we want accurate results..
yess..
Gu not effect to much from dxy
but 50-70% from there when it does follow
only price when crazy its run by itself..
take care..
just for a cup of coffee...
  • #509,282
  • Jan 21, 2020 7:10am Jan 21, 2020 7:10am
The bulls are going to break this level...
Charts don't drive price, market conditions drive price...
  • #509,283
  • Jan 21, 2020 7:13am Jan 21, 2020 7:13am
Stopped out .
Maybe there a place to take short at daily r3 1.30750
yes yes yes
  • #509,284
  • Jan 21, 2020 7:21am Jan 21, 2020 7:21am
Probably target final 1.36
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  • #509,285
  • Jan 21, 2020 7:24am Jan 21, 2020 7:24am
i will short 1.31
Extreme gut feeling trader
  • #509,286
  • Jan 21, 2020 7:27am Jan 21, 2020 7:27am
Hit my TP of 1.3080
Charts don't drive price, market conditions drive price...
  • #509,287
  • Jan 21, 2020 7:31am Jan 21, 2020 7:31am
I’m officially short now.
Charts don't drive price, market conditions drive price...
  • #509,288
  • Jan 21, 2020 7:33am Jan 21, 2020 7:33am
Attached Image (click to enlarge)
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  • #509,289
  • Jan 21, 2020 7:34am Jan 21, 2020 7:34am
have you ever thought if Gu will do the double bottom this month up there, not kpmg, will stop talking when 1.50? haha
  • #509,290
  • Jan 21, 2020 7:35am Jan 21, 2020 7:35am
Quoting msniper
any daily close above 1.3095 on the pink line I would say the bull on control for another 200pips push up {image}
bull doing great & so may few pips more all ok as may next flight at deep down! so may with gold too!
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #509,291
  • Jan 21, 2020 7:36am Jan 21, 2020 7:36am
Quoting Marcieny
have you ever thought if Gu will do the double bottom this month up there, not kpmg, will stop talking when 1.50? haha
That quote by Socrates, it reminds me of "There are no absolutes".
  • #509,292
  • Jan 21, 2020 7:39am Jan 21, 2020 7:39am
Quoting Ra.
{quote} That quote by Socrates, it reminds me of "There are no absolutes".
actually this phrase ... I identify with it because if I think I know everything I will not be open to learn new things and will be an ignorant person.
so I always prefer to doubt something. And I can lear more and more.
  • #509,293
  • Jan 21, 2020 7:42am Jan 21, 2020 7:42am
short again
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yes yes yes
  • #509,294
  • Jan 21, 2020 7:43am Jan 21, 2020 7:43am
Quoting Marcieny
{quote} actually this phrase ... I identify with it because if I think I know everything I will not be open to learn new things and will be an ignorant person. so I always prefer to doubt something. And I can lear more and more.
Chinese have a saying to the same effect:

"A closed mind is like a closed book, a block of wood"
  • #509,295
  • Jan 21, 2020 7:46am Jan 21, 2020 7:46am
Quoting Ra.
{quote} Chinese have a saying to the same effect: "A closed mind is like a closed book, a block of wood"
well said...
  • #509,296
  • Jan 21, 2020 7:47am Jan 21, 2020 7:47am
Quoting BenWarburton
Shooting for 1.308
Do or do not, there is no try - Master Yoda
  • #509,297
  • Jan 21, 2020 8:10am Jan 21, 2020 8:10am
When the prior day range is NR4 or NR7 is wise to wait until R3 or S3 is hit before reversing and trade in the opposite direction...
Attached Image (click to enlarge)
Click to Enlarge Name: GU.01.21.30M.png Size: 77 KB
Always trade your own plan...I don't provide trading signals.
  • #509,298
  • Jan 21, 2020 8:14am Jan 21, 2020 8:14am
Quoting Coreg2004
When the prior day range is NR4 or NR7 is wise to wait until R3 or S3 is hit before reversing and trade in the opposite direction... {image}
I was wise to take long at s1 yesterday. That is how I read PA. However, my trailing stop hit yesterday itself, otherwise my long entry at s1 yesterday would have been a great entry.
Intraday only.
  • #509,299
  • Jan 21, 2020 8:18am Jan 21, 2020 8:18am
Quoting Coreg2004
When the prior day range is NR4 or NR7 is wise to wait until R3 or S3 is hit before reversing and trade in the opposite direction... {image}
What is NR4?
Its all about Timing!!!
  • #509,300
  • Jan 21, 2020 8:20am Jan 21, 2020 8:20am
Quoting Coreg2004
When the prior day range is NR4 or NR7 is wise to wait until R3 or S3 is hit before reversing and trade in the opposite direction... {image}
I'm assuming we've started wave 3 now....
Lost....
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