Cable Update (GBPUSD)

Quoting Guztro

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{quote} NFP won't help the bears . You and pipfarm should consider moving your stop loss to 1.3380. Pipfarm changed his trading plan twice today already..signs of a trader who doesn't really know what he is doing. Why don't you throw more shorts, or are you not as confident as yesterday that this is going to fall through the floor? I haven't touched my plan, I'm still long Here's how this is going to play out. Cheers! Guz {image}

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Quoting Bones

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no end of the day your see a bearish candle close at the bottom {quote}

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Quoting msniper

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{quote} this is my original plan since 3 weeks but its not working until now all disappointments loool the few hours left for weekly close will show the truth

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Quoting msniper

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look at the pink line guys any weekly close below it it means top is done and more down side coming next week but if we manage to close above the pink like on the weekly candle that's mean bull still have power to fight {image}

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Quoting pipfarm

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{quote} Fully confident, NFP day is not for the fool hardy so caution is always best in my opinion, NFP and Interest rate days are the two main ones that i trade with caution. A good trader is always ready to react to the situation, a bad trader falls inlove with a trade even when he has 75 lots going the wrong way and PA is screaming at him to bail out. Cheers Ps Im ahead of you as i am ready to react at that 2904 low should prices not move through. Good Luck

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Quoting Guztro

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{quote} This is me waiting for your 2904 level to break since yesterday. You are funny, but you came up against a better trader. We'll eventually see your bottom level...weeks from now. Cheers! Guz {image}

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Quoting Georginson

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{quote} It is all about risk reward for me. Possible low is 1.2850 and possible high still sights 1.3500, risk for selling is just too much.

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Quoting pipfarm

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{quote} Lol, thats funny, I have no positions open if you read my plan ( have already taken profit from my short yesterday) , only a sell stop on the break of 2921 low, so i really hope you dont lose your clients money , cause if you do a few of them will end up looking like that photo you posted.

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Quoting Guztro

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{quote} What does tell you? It says that the Fed's stimulus is not translating into the real economy...and therefore potential liquidity problems. US companies will therefore be forced to re-adjust their growth estimates, investors views this as negative. Trade safe Guz

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Quoting kuroro001

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{quote} What about historically? can you show us a larger chart please? Looks like Gann hilo? Regarding today's action, i'd be cautious with yen and equities, while usd could be dumped, not so much i guess

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Quoting ozalid

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In my opinion, everyone should be humble with the market. He is never entirely predictable. History shows that the biggest players have won and lost fortunes.

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Quoting ozalid

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In my opinion, everyone should be humble with the market. He is never entirely predictable. History shows that the biggest players have won and lost fortunes.

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Quoting Guztro

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{quote} This is me waiting for your 2904 level to break since yesterday. You are funny, but you came up against a better trader. We'll eventually see your bottom level...weeks from now. Cheers! Guz {image}

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