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Cable Update (GBPUSD)

  • #658,201
  • May 6, 2022 12:59am May 6, 2022 12:59am
Play of the day:
look for short between to eqh to the OB with stoploss Above OB
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  • #658,202
  • May 6, 2022 1:02am May 6, 2022 1:02am
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as we can see .4 lots feelers going long and buy orders left over night .. 3 ..5 lots going short doji candle at the top of the 1 hour previous. But trending in a range .. we saw Fontu draw his numbered predictions by calculating the big candle and adding the range size to come up with a possible short number if ?? If it breaks out … hope that all makes sense … after all I am just a YouTube taught trader
  • #658,203
  • May 6, 2022 1:17am May 6, 2022 1:17am
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yes yes yes
  • #658,204
  • May 6, 2022 1:18am May 6, 2022 1:18am
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pennant playing out here .watch for false breakout . If ?? If it plays as it should we see doji the bear candle the next candle pullback on the previous bear candle . Good possible entry for short .. then let’s see how it plays out now we know some type of plan .
  • #658,205
  • May 6, 2022 1:34am May 6, 2022 1:34am
Break the price of the important area of 12500 in daily time. The probable return area is 1.2200. In this area(1.2300), there are signals to climb, but the break of 1.2500 area may lower the price to 1.2200 ... and then we will have a climb to 1.2800 to 1.300
Check the lost areas more
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There is nothing wrong with being kind & loving to each other
  • #658,206
  • May 6, 2022 1:36am May 6, 2022 1:36am
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added another sell but the problem is the bottom tl on the pennant
  • #658,207
  • May 6, 2022 1:50am May 6, 2022 1:50am
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worked out well . All live trades for you . My thought possesses. My tl and pennant drawn .. my trading plan . Now it’s where do I take profit . As I said watch false breakout so all the 5 lot trades are all safe with profit . I hope it helps and here ending the lesson . I hope you were following
  • #658,208
  • May 6, 2022 1:58am May 6, 2022 1:58am
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livery trade in 1 hour all live and we can see the profit . It’s a no leverage account but imagine if it was it would of been 10 times that in 1 hour . But I never use leverage.
  • #658,209
  • May 6, 2022 2:01am May 6, 2022 2:01am
Closing shorts now, waiting for 1.2250 to avtivate buys, when go deeper open shorts one more time
People don't plan to lose. They lose because they don't plan.
  • #658,210
  • May 6, 2022 2:05am May 6, 2022 2:05am
buy above 2275 for now.
Intraday only.
  • #658,211
  • May 6, 2022 2:10am May 6, 2022 2:10am
This price almost never gives a good selling price. They just dump it. Well, all my tiny shorts closed I bought some at 2292.
  • #658,212
  • May 6, 2022 2:14am May 6, 2022 2:14am
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all out now ended up with a bit more . So now watch the ema . 1 .. possible touch and go short with stop .. 2 if ? If price closes over ema then long stop on again but don’t over play it with big lots treed careful . Looking to get to 2250 the safe way
  • #658,213
  • May 6, 2022 2:22am May 6, 2022 2:22am
Quoting Georginson
{quote} ✓ Year 2012 range being 1073 pips, followed by big range in 2013 being 1764 pips... Year 2021 range being 1089 pips is identical to Year 2012 range being 1073 pips, this means strong chance of 2013 range of 1764 pips occuring again in year 2022... ✓ Year 2018 opening price being 1.3521 has identical open price 1.3523 year 2022 opening price, Meanwhile Year 2018 Range was 1900 pips, which is another strong clue of big range (1700+ pips) expectation in Year 2022. Also Noteworthy that 1073 pips range only occured once in the last...
Now fast forward to 6th Day of May 2022, we already have 1472 pips range of the expected 1700 pips range this year...

There is additional 230 more pips to complete 1700 pips this year... Pay very close attention to 1.2250 (June low of year 2020) which is a very critical support, should 1.22 hold, then 1.40 will be seen by year end.

Also noteworthy that May 2020 low was 1.2073 and yet price still skyrocket to 1.3686 in December 2020.

There are too many clues for the smart ones to interprete. Forex is indeed a marathon never a sprint, Only the strong and patient ones survive.
Data + Stat + Risk/Emotions Management
  • #658,214
  • May 6, 2022 2:25am May 6, 2022 2:25am
Quoting Georginson
{quote} Now fast forward to 6th Day of May 2022, we already have 1472 pips range of the expected 1700 pips range this year... There is additional 230 more pips to complete 1700 pips this year... Pay very close attention to 1.2250 (June low of year 2020) which is a very critical support, should 1.22 hold, then 1.40 will be seen by year end. Also noteworthy that May 2020 low was 1.2073 and yet price still skyrocket to 1.3686 in December 2020. There are too many clues for the smart ones to interprete. Forex is indeed a marathon never a sprint, Only...
is that possible if it drops to 1.18xxx bro?
sometimes yearly range pips could be deceive in statistic.
  • #658,215
  • May 6, 2022 2:26am May 6, 2022 2:26am
Quoting hans91
{quote} is that possible if it drops to 1.18xxx bro? sometimes yearly range pips could be deceive in statistic.
Please tell no one that exchange rates are predetermined and fundamentals are fuel added to fire to bring the rates to the predetermined areas.
Data + Stat + Risk/Emotions Management
  • #658,216
  • May 6, 2022 2:28am May 6, 2022 2:28am
Quoting Georginson
{quote} Now fast forward to 6th Day of May 2022, we already have 1472 pips range of the expected 1700 pips range this year... There is additional 230 more pips to complete 1700 pips this year... Pay very close attention to 1.2250 (June low of year 2020) which is a very critical support, should 1.22 hold, then 1.40 will be seen by year end. Also noteworthy that May 2020 low was 1.2073 and yet price still skyrocket to 1.3686 in December 2020. There are too many clues for the smart ones to interprete. Forex is indeed a marathon never a sprint, Only...
Professor John bull! Always spitting out fire! Keep it coming mate.

You know, math does not fail. Statistics and data beat every other method out there. If traders were patient we could gauge the yearly ranges and flow with it.

No selling in these areas. 2250 and 2050 are just few pips below here. I am buying these dips. My account can handle it, as I am buying in small quantities. No pressure.
  • #658,217
  • May 6, 2022 2:29am May 6, 2022 2:29am
Quoting Georginson
{quote} Please tell no one that exchange rates are predetermined and fundamentals are fuel added to fire to bring the rates to the predetermined areas.
But this is a fact. I knew this years ago. Price will never go to minus zero. Fundamentals are just a smokescreen. Even if the world ends now, and the moon and Sun falls, so long as human beings survive price will NEVER be -0.0000.
  • #658,218
  • May 6, 2022 2:29am May 6, 2022 2:29am
Quoting Georginson
{quote} Now fast forward to 6th Day of May 2022, we already have 1472 pips range of the expected 1700 pips range this year... There is additional 230 more pips to complete 1700 pips this year... Pay very close attention to 1.2250 (June low of year 2020) which is a very critical support, should 1.22 hold, then 1.40 will be seen by year end. Also noteworthy that May 2020 low was 1.2073 and yet price still skyrocket to 1.3686 in December 2020. There are too many clues for the smart ones to interprete. Forex is indeed a marathon never a sprint, Only...
Thought the same, I also have yearly range on my radar... Currently the PA is making me crazy. No retrace, falling, falling, rising. rising, Friday...who knows where it ends today. even could imagine we close today at 1.2390.

So easy to earn money with breakout strategies... I hate these days.
  • #658,219
  • May 6, 2022 2:45am May 6, 2022 2:45am
Quoting Mitiblotch
{quote} But this is a fact. I knew this years ago. Price will never go to minus zero. Fundamentals are just a smokescreen. Even if the world ends now, and the moon and sun fall, so long as human beings survive price will NEVER be -0.0000.
Prices, correct (where goods and services will be free).
Interest rates, incorrect (reverse interest rates which will soon be slowly eliminated as they rise)
Lost....
  • #658,220
  • May 6, 2022 2:54am May 6, 2022 2:54am
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playing inside this pennant shape .
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