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Cable Update (GBP/USD) without Idiots 23 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting lockstockd
{quote} Thank you for the feedback! In hindsight I should have waited for more rejection of that zone on smaller TF because my SL was almost hit, only 0.4 pips away on my broker. Yikes! EDIT - SL hit. Might re-enter but waiting for more confirmation first like I should have done in the first place.
I took this but just scalped 10 pips on the initial rejection, I had to go buy food so didn't want to leave a trade on whilst I was out- I guess I got lucky.

DXY still in a key zone to either break or bounce
Quoting lockstockd
{quote} Thank you for the feedback! In hindsight I should have waited for more rejection of that zone on smaller TF because my SL was almost hit, only 0.4 pips away on my broker. Yikes! EDIT - SL hit. Might re-enter but waiting for more confirmation first like I should have done in the first place.
I like you man. You understood why you were wrong. And emphasizes not to repeat the same mistake. Good start. Those are some good qualities of 5%.

P.S : It's a good time to sell for few pips. / 1M
Fools Rushing
Quoting Benton
{quote} For me, GU will range between 1.3820 and 1.3880 today. To break this range needs a catalyst or trigger. What is the possible catalyst? I can not find any. who can find any possible catalyst to break this range?
good observation.

And it is good, I did not take either long or short trade
Intraday only.
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Quoting mysterio
{quote} I took this but just scalped 10 pips on the initial rejection, I had to go buy food so didn't want to leave a trade on whilst I was out- I guess I got lucky. DXY still in a key zone to either break or bounce
Good call on the quick scalp.

I was stopped out by 0.6 pips!

I have re-entered @1.38639

BE locked in already.

Hoping DXY will bounce.
Quoting Moty
{image}{image}
It seems the year high of 142 is going to remain. Also if I’m not mistaken the pair has rejected 1.4 more than 3 times whilst also rejecting below 138 a few times too. As
we are close to the later potentially one more try to crack 138 before a swing back towards 140?
Quoting Benton
{quote} For me, GU will range between 1.3820 and 1.3880 today. To break this range needs a catalyst or trigger. What is the possible catalyst? I can not find any. who can find any possible catalyst to break this range?
WPP is not enough?

let's see
dolce vita
Quoting MTF Test
{quote} I like you man. You understood why you were wrong. And emphasizes not to repeat the same mistake. Good start. Those are some good qualities of 5%. P.S : It's a good time to sell for few pips. / 1M
Appreciate it MTF, we must always learn from our mistakes!

Yes I saw that too, re-entered initially with a super tight SL but already moved stop to BE.

Let's see how the day ends.

EDIT - BE hit. Done for the day. +38
Inserted Video
dolce vita
Quoting Moty
{image}{image}
Ain't you the best Little Master Moty.

Cheers man !

MTF is out.
Fools Rushing
Quoting dimitricss
{quote} target 3875 stop 3810
out.. 3870

done for to day
Trade with prediction = witch with her visions lol
I see treasury yields slid quite a bit in the early hours and the dollar has been held back. IMO, there has maybe been a bit of a flight to quality/safety following the Turkey central bank news and the Turkish Lira crash. IUS treasuries outperformed all of the Eurozone govt fixed income. Treasuries are still trending down and may just be correcting a bit. So this may just be a temporary effect- just shooting from the hip, I don't know for sure. The zone around 166-168 bps on 10y is holding well. I'm keeping my bearish bias on GU and wait and see tomorrow.
Quoting dimitricss
{quote} target 3875 stop 3810
Quoting dimitricss
{quote} out.. 3870 done for to day
Quoting babayaga
{quote} WPP is not enough? let's see
What is WPP?
So far the GU runs as I expect. I just closed a long position at 1.3863 and opened a sell position at 1.3867(small amount).If it climbs back above 1.387, I will add more sell position!
Tomorrow morning @ 7am GMT red sticker news for UK should hopefully break the range one way or the other
Quoting Benton
{quote} What is WPP? So far the GU runs as I expect. I just closed a long position at 1.3863 and opened a sell position at 1.3867(small amount).If it climbs back above 1.387, I will add more sell position!
WPP - Weekly Pivot Points

this week:
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btw, you right about today's range, I cannot deny
dolce vita
I will leave my position for a while (TP 1,3892)
will check later
this setup is invalid if she will break down 1.3844

let see
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dolce vita
look at the M1 chart... lol...
Trade with prediction = witch with her visions lol
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