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Cable Update (GBPUSD)

  • #652,461
  • Feb 21, 2022 5:16am Feb 21, 2022 5:16am
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yes yes yes
  • #652,462
  • Feb 21, 2022 5:24am Feb 21, 2022 5:24am
will it drop again ?
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yes yes yes
  • #652,463
  • Feb 21, 2022 5:43am Feb 21, 2022 5:43am
GBBUSD bears in control
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trol
Watch me trade Live on YouTube
  • #652,464
  • Feb 21, 2022 5:43am Feb 21, 2022 5:43am
ty once again mister goldi
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yes yes yes
  • #652,465
  • Feb 21, 2022 5:44am Feb 21, 2022 5:44am
I am short to 3600 area. But I am quite confident the high is not in. I will exit near my short near 3600 and buy for 1.3700. Hopefully.
Attached Image (click to enlarge)
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  • #652,466
  • Feb 21, 2022 5:52am Feb 21, 2022 5:52am
Free Internet sucks. Could not trade today due to unavailability of internet. Tried to attach my $100 demo account to prove my 4hrs candle scalping but FF server says explorer already exists for this account which is not true. I have sent a message to Admin for correction
Target profit $5 daily or weekly with a starting micro lot of 0.03. Capital preservation is my utmost priority and not profit.
Market determines profit for my system.
  • #652,467
  • Feb 21, 2022 6:07am Feb 21, 2022 6:07am
Make no mistake; the high isn't in on GBPUSD. Price needs the SL of the herd which is placed above the recent highs.

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  • #652,468
  • Feb 21, 2022 6:08am Feb 21, 2022 6:08am
So far respected 3605 limit, anyway this even break 3581 again come forwards bull try possible, so still have double chance up before better correction diwn , likely last time up though if so soon! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #652,469
  • Feb 21, 2022 6:08am Feb 21, 2022 6:08am
Attached Image (click to enlarge)
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yes yes yes
  • #652,470
  • Feb 21, 2022 6:13am Feb 21, 2022 6:13am
Another short opportunity
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Click to Enlarge Name: gbp1.PNG Size: 82 KB
Watch me trade Live on YouTube
  • #652,471
  • Feb 21, 2022 6:21am Feb 21, 2022 6:21am
Quoting PatienceFx
{quote} if i set a trailing stop, it will close it in green but i am more interested in knowung if it reaches day r1 again {image}
like this
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  • #652,472
  • Feb 21, 2022 6:58am Feb 21, 2022 6:58am
Quoting Mitiblotch
Make no mistake; the high isn't in on GBPUSD. Price needs the SL of the herd which is placed above the recent highs. {image}
Market sentiment changes everytime and it is a lagging indicator. Make no mistake because market direction is determined by hedge funds, central banks, smart money and institutional traders who trades in billions. Retailers or mt4 traders are a mico space in forex industries. Newbies should instead focus on their candle chart. Sentiment is not a reliable indicator from my experience.
  • #652,473
  • Feb 21, 2022 7:31am Feb 21, 2022 7:31am
Attached Image (click to enlarge)
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yes yes yes
  • #652,474
  • Feb 21, 2022 7:42am Feb 21, 2022 7:42am
still in tiny top ranging , 3605 broken , next support goes to 3585. if breaks then 3554 likely a must break , before sr arounds 3534. lets see if bounce for last time before 3572! so shorts carry at be ..
brent and gold still to come forwards to augment bear
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #652,475
  • Feb 21, 2022 7:50am Feb 21, 2022 7:50am
time to take profit and reversed
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 67 KB
yes yes yes
  • #652,476
  • Feb 21, 2022 7:59am Feb 21, 2022 7:59am
Quoting PatienceFx
{quote} like this {image}
hello patience fx.. can u please tell me what moving average is that yellow line?
  • #652,477
  • Feb 21, 2022 8:22am Feb 21, 2022 8:22am
ty mister aussie for the early signal
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yes yes yes
  • #652,478
  • Edited 8:47am Feb 21, 2022 8:34am | Edited 8:47am
Quoting Mitiblotch
Make no mistake; the high isn't in on GBPUSD. Price needs the SL of the herd which is placed above the recent highs. {image}
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Attached Image


dumb money trapped and haven't give up
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Be a spectator, not a player
  • #652,479
  • Feb 21, 2022 8:42am Feb 21, 2022 8:42am
Quoting Moty
time to take profit and reversed {image}
Bears still in charge.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -15.1%
  • #652,480
  • Feb 21, 2022 8:59am Feb 21, 2022 8:59am
Quoting silolo
{quote} Market sentiment changes everytime and it is a lagging indicator. Make no mistake because market direction is determined by hedge funds, central banks, smart money and institutional traders who trades in billions. Retailers or mt4 traders are a mico space in forex industries. Newbies should instead focus on their candle chart. Sentiment is not a reliable indicator from my experience.
Thanks a lot. It works for me everytime. If it wasn't reliable then you didnt know how to use it. It changes and you must know how to spot the changes. You need at least 5 years of looking at that sentiment indicator to even understand the subtle changes.

For the pairs you trade you must know the maximum percentage ratio difference where it turns. And it is different for each pair. There are pairs that turn at 70% and there are some that get to 90% before turning. There are excellent ways to use that too.

Add your charts to it and you are good to go. 3517-3550 is the floor for GU. Now with 65% sellers, 3517-3550 will hold for a spike to 3700 and above. The whole scenario changes if we get a good day close below 3517 - 3550, which will most likely not happen until the liquidity above is harvested.

Newbies can learn how to use it if they have someone to teach them.
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