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Cable Update (GBPUSD)

  • #657,541
  • Apr 28, 2022 9:43am Apr 28, 2022 9:43am
Quoting RaHaG0D
{quote} I very much agree with you. That's what fractal is. In a downturn, a larger uptrend is formed and In a uptrun, a larger downtrend is formed at different times;And at one point the game changes again.You can be both a seller and a buyer. And both sides are right.The most important issue is how much profit you want to get from both sides.fractal is about change time
Yes free tacos and cheers to you for that! My first instinct about your use of the word wasn't as far off as I thought after all! Thanks for sharing that bridge! Many ways to diversify responsibly indeed... And again, a lot of work, but in my experience, well worth it. P.S your English is perfect to me !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,542
  • Apr 28, 2022 9:44am Apr 28, 2022 9:44am
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still trying
  • #657,543
  • Apr 28, 2022 9:49am Apr 28, 2022 9:49am
Quoting mtako
{quote} Yes free tacos and cheers to you for that! My first instinct about your use of the word wasn't as far off as I thought after all! Thanks for sharing that bridge! Many ways to diversify responsibly indeed... And again, a lot of work, but in my experience, well worth it. P.S your English is perfect to me !
thanks.I will definitely drink itMy language will be great one day
There is nothing wrong with being kind & loving to each other
  • #657,544
  • Apr 28, 2022 9:53am Apr 28, 2022 9:53am
All my buy limits are now activated, time to make some good money
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  • #657,545
  • Apr 28, 2022 9:56am Apr 28, 2022 9:56am
Yep, It broke current low on the 12th hour & going lower...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #657,546
  • Apr 28, 2022 10:07am Apr 28, 2022 10:07am
Quoting fxmasterdxb
All my buy limits are now activated, time to make some good money {image}
Good timing ! End of day bull revival ! He was just at the dentist ... Now back in full force ! All the best with your trades mate !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,547
  • Apr 28, 2022 10:08am Apr 28, 2022 10:08am
Quick 13 pips ICT style
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  • #657,548
  • Apr 28, 2022 10:19am Apr 28, 2022 10:19am
Q2 just need to remain above 1.25 then it’s all good


Don’t let the trend scare you, we have seen the worst in this market nothing scare us anymore
MY OPINION NOT FINANCIAL ADVISE
  • #657,549
  • Apr 28, 2022 10:23am Apr 28, 2022 10:23am
Quoting mtako
{quote}Good timing ! End of day bull revival ! He was just at the dentist ... Now back in full force ! All the best with your trades mate ! {image}
Thanks man! Been waiting for this level to reach since 1.27 support was broken
  • #657,550
  • Apr 28, 2022 11:03am Apr 28, 2022 11:03am
I doubt it will get triggered so late, but just in case of a last 1H special. Sell stop 2435. Going for one last full bodied candle amid the swordfishes !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,551
  • Edited 1:48pm Apr 28, 2022 11:28am | Edited 1:48pm
checking chart as remain still 1 day play , bear very active and intact with usdx at it top even! limit up 1.2490 and target 2250 while in competing monthly close 1.2335. take care
better go 2461 to tank again !! anyway as probable a bottom making try , may range up and down little big !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,552
  • Apr 28, 2022 11:41am Apr 28, 2022 11:41am
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yes yes yes
  • #657,553
  • Apr 28, 2022 12:21pm Apr 28, 2022 12:21pm
Quoting mtako
I doubt it will get triggered so late, but just in case of a last 1H special. Sell stop 2435. Going for one last full bodied candle amid the swordfishes !
Thanks bulls for not letting my sell stop get triggered! Getting a better entry perhaps, Sell stop 24674. P.S if you want to continue your ascension, consider not triggering my dear sell stop again!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,554
  • Apr 28, 2022 1:41pm Apr 28, 2022 1:41pm
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  • #657,555
  • Apr 28, 2022 1:44pm Apr 28, 2022 1:44pm
Quoting Wavegarrick
{quote} Anyway Folks, Had my stop taken out. From a weekly perspective we are at a very crucial level with the 61.8% fib retrace at 1.24939 of the year and some up trend from March 2020 to June 2021. So far, price stopped just short of 1.25000 and I suspect another push down towards 1.24939 where I could look for more buy trades. The reason I am taking this buy trade is that weekly reversals tend to occur on Wednesday's/Thursday's. I could be wrong and it is always advisable to wait for proper consolidation and confirmation before...
Hi Guys,
In Forex nobody knows where price will go. A saying that has always gotten me through, is " hope for the best but prepare for the worst". In my opinion money management is key. Today I closed one of my sell trades for 335 pips profit and got in at my key level at 1.24939 the long term 61.8% Fib retrace. Price action was relentless and went down a further 70 pips. I am still in the game with my sell trade pulling me through with 390 pips profit overall. I still believe however that we are at crucial levels. We are at my quarterly level of 1.25000, well should I say below and it is probably only a matter of time for price to push through.
Cheers
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Trade to trade another day
  • #657,556
  • Apr 28, 2022 2:03pm Apr 28, 2022 2:03pm
took long nzd/usd for a small correction

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  • #657,557
  • Apr 28, 2022 3:59pm Apr 28, 2022 3:59pm
The real trend in forex is the Market maker trend. It is slow and steady and appears to be relentless, it just wont quit. If you've ever been going the wrong way in that; you'll understand that GU might enter a consolidative phase now. Remember that Market Makers do not have unlimited equity. At some point, they have to reverse back into the range to collect some money and then rise or continue with the downtrend However, we do not trade what we think will happen, we react to the Market maker's hand. He shows us something, we react. Green pips to all
Executing trades with precision!!
  • #657,558
  • Edited 6:20pm Apr 28, 2022 5:53pm | Edited 6:20pm
... Bearish dly candle close y/day. Last time there were 6, and 6+ bearish-bodied daily candles was in May 2019. Over-extended in terms of awr and amr so far this week/month and y/day's dly candle (gmt+3) although bearish bodied has a longer lower wick than upper wick, after pullback from the 2411 lo providing some relief for the bulls following terrible U.s GDP and further inflation data. Signs of a further upside pullback Friday -or- are the bears going for another leg down? 30day adr is now up to 97.
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Trader with an Edge.
  • #657,559
  • Apr 28, 2022 8:10pm Apr 28, 2022 8:10pm
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yes yes yes
  • #657,560
  • Apr 28, 2022 8:26pm Apr 28, 2022 8:26pm
Quoting fxmasterdxb
All my buy limits are now activated, time to make some good money {image}
Will keep adding on every retrace all the way to 1.2690
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