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

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Quoting Wavegarrick
{quote} My daily pivot at 1.35717 reached and one sell trade closed. I opened 1 more sell trade locked in. Ominous early signs of cyclic bearish conditions. The rising trendline needs to be breached for bears to gain traction. Let's see what Jerome Powell in a mo can do for us. Cheers. {image}
Hi Guys,
Two possible scenarios:
Much like yesterday Frankfurt/LO if they break my green box or Asia high I get a measured target of my Monthly res 1 at 1.36672. However, there is a confluence of pivots at 1.36494. My yearly pivot and my weekly res 1. My mid-round number is just above at 1.36500. So I will watch for rejection here failing which my MR 1 at 1.36672 an attractive target.
If they drop it directly from here with a lower hourly candle close I will close my long trade immediately and go with my short. for a daily target at my daily support 1 at 1.35836. This is a measured target of the Monday move. I do believe if that rising trendline just below 1.35836 goes, Bears will gain momentum.
Have a great day,
Cheers.
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Trade to Trade another day.
I would wanted to buy lower or sell higher. In any case, there are equal tops formed by Asia at 3646. It has to be taken out.

Long 3632 (for want of a better price)
TP 3650.
Just 18 pips profit target.

Please don't try this at home. I am buying quite high!
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692

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Guardian Angel
Two Clocks All Time Return: -16.0%
I know the pivot is at 3611. Maybe London wants it? If ever they go there I will add for the imminent break of 3646. Hopefully.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Money for lunch
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someone ?

CRS- (Common Reporting Standard)reporting false gains in forex | Forex Factory
The slowest h&s ever
Fold mf
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Very slow PA.

Closed all my LO shorts. Not un happy with the result though.

Will wait for NY news event.

Bye guys.
Intra day only.
Nothing to trade yet. Preserve that capital.
Quoting W0lfram
{quote} Lower gaps next? {image}
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All forecasts posted earlier doing as i said. I am not in any of them only cable short. Algo is not interested in trader who struggle going in & out for 10 pips several times a day. Prefer to control a trader who has made 1500% swinging in 6 weeks so patience it will eventually fall. Sorry for spoiling your strategies

A few times
Guardian Angel
Two Clocks All Time Return: -16.0%
Quoting NotSoHard
GBPUSD is Bearish For Sure My Entry is at Avg 1.35750 Pending Entries for Short 1.36100 - 1.36300 - 1.36600 Thats Weekly Resistance Dont think it will cross it Target 1.34650 - 1.34750 for now But it could head much low As it needs to take out some steam Will Post Chart when I am on the other laptop
Well 1.36300 Triggered

Its On Daily TOP

Its On H4 TOP

Its Also Near Weekly Plus Monthly Resistance at 1.36500 And 1.36680

Now Ofcoruse I prefer Not To See 1.36680 But Cannot Say

The Target is a Juicy Drop 1.34500

See You All Around
Stalker...
#1.3733 weekly close

Trade safe
If skills could be acquired by watching, every dog would be a butcher. Turk
Quoting Mitiblotch
I would wanted to buy lower or sell higher. In any case, there are equal tops formed by Asia at 3646. It has to be taken out. Long 3632 (for want of a better price) TP 3650. Just 18 pips profit target. Please don't try this at home. I am buying quite high!
Out at 3636. Profit is profit. I will wait for NY. Price is just strolling around.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
add sell stop - 1.3610
Together we can be strongest
now that cable has learnt how to poke its nose

i doubt if any sell stops can survive
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in life i am done trying to predict the price now i will just float
expecting 50 pips from break-out current high or low.
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i took an ultra short term risk
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in life i am done trying to predict the price now i will just float
The drop is coming

Looking to sell in the red box
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