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Cable Update (GBP/USD) without Idiots 24 replies

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

More data in an hour or so
Insane in the Brain..
Quoting Jolita
{quote} Nice, added both to my trades. EA was successful for me so far. I also in GJ long to 154. Thanks, J
I happen to be in GJ short. haha
THis trend down yesterday was seen only on M15(big trend),it was start down before drop,M30 and H1 shoewd up.and still show(big trends).M15 eur down big trend M15 gu up from yeastreday.BUt up M15 finished,maybe red starts.Its only M15,higher all is green(eur and Gu).
Quoting TrickorTrade
GU shorts look very good. What are your guys thoughts? {image}
Took a very low risk entry short here at 1.33236 and added stop loss 40 pips above
Quoting Pat Chiko
{quote} GU I'm into deep diving. Scalping LONG not doing well. May hit my Stop soon. Very bad trade with RED news around. No LUCK today. {image}

GU

What a lucky trade it is.

I thought, this will go under and ended up with Stop Loss.

Wow, what a lucky news it is, Not sure what news was all about ?.

Lucky my drawdown was about 12,7 pips. Nearly take me out.




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I come from the future.
Quoting TrickorTrade
{quote} I happen to be in GJ short. haha
On weekly we are heading towards 148, daily is bullish outlook.

Good for both sides.
Quoting Pat Chiko
GU Manipulation and Liquidity Grab. That the Order of The Day. As to me, identifying support and resistance or I should say, shifts between demand and supply has a tremendous advantage, system wise over any indicator system. Instead of predictive, Support and Resistance puts you into a "reactive mode" meaning ...what would you do when the market reach x price?? will you buy/sell the breakout or will you buy/sell the bounce?? Especially with fake out zone. I prefer to be reactive than predictive. I play the market. Not only at the entry but S/R helps...
USDJPY
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Quoting Pat Chiko
{quote} GU What a lucky trade it is. I thought, this will go under and ended up with Stop Loss. Wow, what a lucky news it is, Not sure what news was all about ?. Lucky my drawdown was about 12,7 pips. Nearly take me out. {image}
good on you

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Quoting Jolita
{quote} On weekly we are heading towards 148, daily is bullish outlook. Good for both sides.
Thats the question. Will price favor daily inefficiencies or weekly
Quoting tommydoginti
{quote} good on you {image}

Just my lucky day today.

I thought it is gone with Stop Loss.

But , still luck is order of the day.
I come from the future.
Quoting Pat Chiko
{quote} GU What a lucky trade it is. I thought, this will go under and ended up with Stop Loss. Wow, what a lucky news it is, Not sure what news was all about ?. Lucky my drawdown was about 12,7 pips. Nearly take me out. {image}
Quoting Pat Chiko
{quote} GU What a lucky trade it is. I thought, this will go under and ended up with Stop Loss. Wow, what a lucky news it is, Not sure what news was all about ?. Lucky my drawdown was about 12,7 pips. Nearly take me out. {image}
Its all about those very large volumes in those stop loss clusters with alot of winning trades mate. They need to take out at least half before te GBP bad news in a while and whatever else comes from Powell and Yellen to justify the big move down later. But those stops above wil IMO be taken today
Quoting pamc
{quote} Its all about those very large volumes in those stop loss clusters with alot of winning trades mate. They need to take out at least half before te GBP bad news in a while and whatever else comes from Powell and Yellen to justify the big move down later. But those stops above wil IMO be taken today
High liquidity at the bottom yet to be tapped.

I wonder how's they going to manipulate the price to grab those liquidity at the bottom.

Still haven't see the plot yet.

Maybe will reveal in the next RED news, with more reliable set up.
I come from the future.
Long in at 1.3357

Small lot and hope to build position at better price
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Don't trade what you think. Just what you see!!!
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Quoting pamc
{quote} Its all about those very large volumes in those stop loss clusters with alot of winning trades mate. They need to take out at least half before te GBP bad news in a while and whatever else comes from Powell and Yellen to justify the big move down later. But those stops above wil IMO be taken today

In an hours,

that may bring SPIKE down.

Need to look at H4 formation for this spikey trades.
I come from the future.
We should expect to see a big candle for this month with a minimal of 725 and maximal of 950 pips. However if market stays lackadaisical we should stay with monthly ranges as per on this year value between 315/525pips. Which way to go perhaps price still have phobia for 1.33700 which should be the focal point of interest.
Keep the Lights on then you can catch the rise from the dark.
Quoting TrickorTrade
{quote} Thats the question. Will price favor daily inefficiencies or weekly
Its a new month a new beginning.
Risk easing, London getting festive and we will be allowed to celebrate Christmas!
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https://www.bbc.co.uk/news/health-59414343
Quoting Jolita
{quote} Its a new month a new beginning. Risk easing, London getting festive and we will be allowed to celebrate Christmas! {image} https://www.bbc.co.uk/news/health-59414343
Yes lowering risk this month would be good.
Thats a sick ride!
GJ already up 2+ times my risk.
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