Cable Update (GBPUSD)

Quoting Pipa1

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Dear BEARS be ready for the flash crash.We are in a similar situation on multiple intruments.But in this picture you can see the similarity in accumulation of GU and Gold LIVE vs historical data of GBPCHF from 2-3 April 2021.In all 3 situations massive accumulation with POC(point of control) right on top of the market.This is not a regular price x time x volume data.My algorithm simulates and accumulate the number of positions taken by MM to put the scalpers out of the trading range in order to avoid a possible TP. Don't take this statement as a...

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Quoting Pipa1

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Dear BEARS be ready for the flash crash.We are in a similar situation on multiple intruments.But in this picture you can see the similarity in accumulation of GU and Gold LIVE vs historical data of GBPCHF from 2-3 April 2021.In all 3 situations massive accumulation with POC(point of control) right on top of the market.This is not a regular price x time x volume data.My algorithm simulates and accumulate the number of positions taken by MM to put the scalpers out of the trading range in order to avoid a possible TP. Don't take this statement as a...

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Quoting Sang.Real

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{quote} GU Price bounce off SRF after the false break out (pre-LO) Break the TL. Coming down to retest the RN and SBR zone. Target above. If retest successful. If not price will slide down to SRF zone again. Closed all position. Will continue later at NYO at retest zone. NOTE : Chart won't load up. Got three chart to load Give me 5 to load chart H1 Overall chart. Mapping for day trade. {image} M5 Entry and additional entry point. Retest SBR later. {image} M30 break out point {image}

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Quoting Waveskierrob

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{quote} Nice post but how many times have you experience this happening cheers in advance

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Quoting W0lfram

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{quote} Hi! Very interesting algorithm. Do you have data on indices? NASDAQ now in accumulation after mad cow y'day. Divergences signalling down, but I'm interested in your method.

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Quoting W0lfram

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{quote} Hi! Very interesting algorithm. Do you have data on indices? NASDAQ now in accumulation after mad cow y'day. Divergences signalling down, but I'm interested in your method.

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Quoting YumiYummy

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Let’s go . I sold all x/usd pair, and bought usd/x pair. Let’s up DX!!!! Be patient and wait for reversal

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Quoting Tekin

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{quote} i give it only 30 pips risk only it will go somewhere up or down {image}

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Quoting Pipa1

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{quote} "SELL" is the right word these days

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Quoting gatenio

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IMO it's a BEAR, it could change if the high of the week will break with a close of 4h. i may wrong.

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Quoting mysterio

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I believe the selling will start now then look for a fib retracement of this morning impulse to buy again. IMO. 1.42 or a bit below, PA dependent

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Quoting KiwiTrada

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{quote} "all week"??? here is 9 days, trading east north east, reasonably clear resistance, maybe she will fly when resistance is broken, 9 days of slow rising ping pong!!!!! {image}

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Quoting babayaga

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{quote} btw 1.42 when your broker give you 1.4203-1.4205 (old school, unwritten rules ).., .., could return anyway mine (brokers): 1.41997&1.4200 this world is so stingy let's see how she plays

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Quoting mrluckystar

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{quote} Well done bro.. where is your target?

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Quoting Georginson

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Prepare for 1.4247/1.4270 tomorrow/Monday then massive crash to 1.3820 between 30th of May to 2nd of June... Weird it may seem but do not overrule this. Trade with utmost caution.

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Quoting Pipa1

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{quote} I have data for everything ...BTW Oil is in accumulation state at 61 + ,it's gonna hit and run 60.0-60.5 and will make new high.I am ready too to get into the trade.

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