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Cable Update (GBPUSD)

Find both support and resistance #imho
Discussion Group at Telegram: ParisVanJafaThread
Waiting for cable to get out of this ranging action. Gone long on Euro and hoping to go long on Cable.
Play it by beer!!!
Seems like on Monday no matter what Asia does, UK always brings price back to the gap/opening price for their open.
When you feel like you HAVE to trade is when you least should!
Quoting Theoak
Waiting for cable to get out of this ranging action. Gone long on Euro and hoping to go long on Cable.
Looking to short this on retrace.

short in at 1.3055

out of trade +6 pips
Play it by beer!!!
Quoting Guztro
Hi All, This will be my final post here at Forexfactory, so I'll make it brief. I woke up to the news this morning that one of my dear cousins passed away after being positively diagnosed with COVID19 a week ago. It made me realize how fragile life is, but even more so, how not to waste time on meaningless arguments with people that actually need to grow up. I'd also implore them to lookup the meaning of Community, FF is meant to be just that... We find ourselves in the middle of a pandemic, the job losses world wide is nothing we've ever seen before....
Condolences and sorry for your loss.
Perseverance will pay
REAL ME Return This Month: -46.8%
Up Asia, down Frankfurt, up London, down NY
Pulchra All Time Return: 87.1%
G/M...short was indicated by the 30min bearish hidden div with reg bearish div to 10min @ the confluence of 1hr desc t/line, 38.2% of the drop from last wk's hi and in that prev 1hr sw lo zone=prev supp=pot sbr ....nice ! 1hr below.
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Intraday swing trader via Supp/Res, Pa, & div.
Quoting Theoak
Waiting for cable to get out of this ranging action. Gone long on Euro and hoping to go long on Cable.
u r long on euro ?
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don't try to tell the market where to go , let him tell you
Good Morning Everyone,

Holding my bull idea till after possible retrace.
I have trowed in a few tiny shorts for the retrace.. Target? 1.27872 is my max.

StaySafe
End-Time Investor
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don't try to tell the market where to go , let him tell you
Quoting Moty
{quote} u r long on euro ? {image}
I was earlier out now. I was hoping for both to go Bullish, but they have come out of range and I'm looking for both shorting set-ups now as long as it does not go above 3072 area.
short in at 3063
Play it by beer!!!
... it's that type of market atm...London still in the asian range.
Intraday swing trader via Supp/Res, Pa, & div.
I think the Japan bank holiday today is giving the pound strength. Check gbp/jpy
Quoting Theoak
{quote} I was earlier out now. I was hoping for both to go Bullish, but they have come out of range and I'm looking for both shorting set-ups now as long as it does not go above 3072 area.
this is the direction
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don't try to tell the market where to go , let him tell you
hi

sold @ 1.3058

but....

hope that's not bear trap
London for me is scalping buy above 1.3076 till 1.3126
sell below 1.30340 till 1.296

chart below explain everything
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Quoting seincard
hi sold @ 1.3058 but.... hope that's not bear trap
No it's not. Check 1hr you will see a SW zone there
Le$$ I$ More
It think as long as 1.3042 is not penetrated, the GBP is going to gain streangth.
I would place my buy here anywhere and wait for first target at 1.3085
Quoting seincard
hi sold @ 1.3058 but.... hope that's not bear trap
put your sl at 1.30800 , if it breaks you will get a higher entry
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don't try to tell the market where to go , let him tell you
10/50/100 ema's all crossed down 5min to 1hr now - encouragement for the bears. That's me done for the session and for next 2 weeks or so. Going on hols again tomorrow early and promised wife I won't even look at a chart this time. G/L all.
Intraday swing trader via Supp/Res, Pa, & div.
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