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

scalp buy target 50% of last candle drop , but will update when price do a move to break that level to retest last high
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting Jolita
4hour red candle looks creapy, I think is ready complete M.

'M' - are seldom posting. Always on the side line.
Maybe we can get 'W" to encourage him to post

I come from the future.
Stable USD index is cautious for me. This is the moment when bull and bear both got equal strength. Todays CPI will help I hope.
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Try the simple and make it for you ~
Quoting Pat Chiko
{quote} GU Scalping position in negative drawdown. Not in good position. {image}
Hi
GU may go little bit higher. 1.38 is still holding.
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Follow a system & a person not everything & everyone
Quoting hasib
{quote} Hi GU may go little bit higher. 1.38 is still holding. {image}

Yah, anything is possible with forex. The peak of the week was made, and i wouldn't want to trade towards it. Waiting to see if there will be any significant pullback and add to my shorts.
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Quoting Dethorn
{quote} Yah, anything is possible with forex. The peak of the week was made, and i wouldn't want to trade towards it. Waiting to see if there will be any significant pullback and add to my shorts. {image}
In current market conditions shorting makes more sense. Yesterday was strong bearish. Fighting against strong daily momentum is not good idea.

GBP CPI y/y, is coming today. Probably it will come bad.
Follow a system & a person not everything & everyone
When is this news out?
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The Ghost In The Machine
Quoting mysterio
{quote} Agree with you, we're only up here to smash buy stops GU loves to take out highs and lows and reverse, it is a great short opportunity imo
Would like to see some retrace up to around 1.3850 or higher before looking for another short opp, see what happens
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CPI fucking positive! But it seems it was priced in already. Waiting mode
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Uk data helping cable maybe a retest of 139 today?
  •  W0lfram
  • Joined Dec 2020 | Status: Crossed over into the Twilight Zone | 1,193 Posts | Online Now
Quoting Dethorn
CPI fucking positive! But it seems it was priced in already. Waiting mode {image}
Wait for next hour...
Fade to black
Quoting BeeTogether
Uk data helping cable maybe a retest of 139 today?
Not even a single pip move.
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Quoting mysterio
Some comfort for GU bears Gilt yields at daily supply/80bps psych level, sexy looking gap to fill too {image}
Getting a reaction from the zone too, to me a good sign for bears

Quote

  1. The increase of 0.9 percentage points is the largest increase ever recorded in the CPIH National Statistic 12-month inflation rate series, which began in January 2006; however, this is likely to be a temporary change.
  2. The largest upward contribution to change is a base effect, because, in part, of discounted restaurant and café prices in August 2020 resulting from the government's Eat Out to Help Out scheme and, to a lesser extent, reductions in Value Added Tax (VAT) across the same sector.

From ONS, temporary jump in inflation expected From that great eat out to help out scheme which was followed by another 4 month lockdown
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Quoting BeeTogether
Uk data helping cable maybe a retest of 139 today?
Hi BT,

I am anticipating a break of YH. I just need H1 to close above 1.38134 today then I’d be in compliance with Mr Lee

Take Care bro
Quoting bilal.cybrog
{quote} Not even a single pip move.
We saw cable hit 13825 has retracted a bit now
Quoting Pat Chiko
{quote} GU Scalping position in negative drawdown. Not in good position. {image}
GU

Quick scalping on the GBP news with nice Spike to L.O.


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I come from the future.
Quoting JayBag
{quote} Hi BT, I am anticipating a break of YH. I just need H1 to close above 1.38134 today then I’d be in compliance with Mr Lee Take Care bro
Im sure you will get it.
not sure about yh
Insolvent
Sneaked in two longs
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