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Cable Update (GBPUSD)

Quoting nAVIN2007
{quote} I find it hard to believe they want a weak pound nobody will go on holiday
Thank you!

Weak pound is good for the economy.
Dollar is safe heaven currency.
Bears waited for this since last summer. Very overdue.
Looking at the weekly chart, there is so much space left to reach lower 130 - 129 so on. Just zoom out, can you see three triangles, last one is forming.
All depends of dollar behaviour and Feds agenda, no surprice if they decide to weaken dollar, they can.
Anything can happen and trend can reverse.
Quoting Stvnchls
{quote} thankyou for the advice. I really dont know how to overcome this fear. Cause I git the second margin call. Thanks for your positive advice

My margin call hit me yesterday.
It was almost a relief when it happened.

And I figure hey, if I can LOSE those pips on the way down... maybe I can gain them back on the way up :-)

So I am really watching the charts and this thread for the near future.
Quoting Bill88
{quote} My margin call hit me yesterday. It was almost a relief when it happened. And I figure hey, if I can LOSE those pips on the way down... maybe I can gain them back on the way up :-) So I am really watching the charts and this thread for the near future.
Every losing trader thinks exactly like this...
Quoting YoungET
{quote} Every losing trader thinks exactly like this...
This brings up a good question...

Does anyone know of a good, free text alert system that would let you know when a certain pair reaches a certain price?

I used to use one but I can't find it anymore.

I'd like to be able to get a text alert when a set price is reached.
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observing , price keep doing more lower and lower , will we continue bearish till 1.33000 at least or we will have pump rn ? ,
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting Bill88
{quote} My margin call hit me yesterday. It was almost a relief when it happened. And I figure hey, if I can LOSE those pips on the way down... maybe I can gain them back on the way up :-) So I am really watching the charts and this thread for the near future.
I used to think the same and just when u get back "full force", chances of you getting another margin call are many. Take a chill and learn from that mistake you made.
Face 'ur fear & Tame 'ur greed
Quoting Bill88
{quote} My margin call hit me yesterday. It was almost a relief when it happened. And I figure hey, if I can LOSE those pips on the way down... maybe I can gain them back on the way up :-) So I am really watching the charts and this thread for the near future.
That is sad.

You should use this time to re-evaluate your situation and consider if trading is for you or not. It most certainly is not for everybody as it takes a heck of a lot of study to be consistently profitable and most people will not undertake that study.

Good luck whatever you decide.
Quoting Nala66
{quote} That is sad. You should use this time to re-evaluate your situation and consider if trading is for you or not. It most certainly is not for everybody as it takes a heck of a lot of study to be consistently profitable and most people will not undertake that study. Good luck whatever you decide.

On a long run anyone can trade if actually worked on yourself
It might take time but keep practicing without emotion involved
Ty mister goldi
30 pts is more than enough for me
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Break it down
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f**k you gu and eu , there is a lot of pair that move so nice
the adr range of the eur/aud is 100 pips per day , AND YESTERDAY AND in the last 2 days it moved
250-300 pips per day
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beware of GU , the volume and the momentum indicate something
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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Quoting Moty
{image}
ive locked sell @1.31225 , if that level hold , we sure will get fire in the hole one more time to bottom
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
i would love the travel further down. You know me. I sell the pound and buy the gold.
However my 66s are showing a state of oversold. Might drop one more time before filling the Liquidity Gap()?
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Maadik Hugiis. IQ 69.
Quoting MoneyZilla
i would love the travel further down. You know me. I sell the pound and buy the gold. However my 66s are showing a state of oversold. Might drop one more time before filling the Liquidity Gap()? {image}
I am waiting for exactly that liquidity gap at 3250 area to bank all my longs.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting MoneyZilla
i would love the travel further down. You know me. I sell the pound and buy the gold. However my 66s are showing a state of oversold. Might drop one more time before filling the Liquidity Gap()? {image}
who knows these pair always have a suprishing mover , i wont have doubt if price dropped one more for the very very oversold before taking leap 50-100 pip more down is possible for it
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting kris89
beware of GU , the volume and the momentum indicate something
Please how do you mean..can you explain sir
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
Quoting holaralph78
{quote} Please how do you mean..can you explain sir
price is ready to shoot neither way , prepared
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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