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Cable Update (GBP/USD) without Idiots 24 replies

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Cable Update (GBPUSD)

Quoting TonyTepeli
{quote} By how much my friend! My analysis is telling me that we are in new trend , most of us have not noticed it yet! We had confluence in daily timeframe followed by bullish candlestick! Enough to be a reversal signal , GBP will likely keep flying with some up-down swings! I might be wrong! Buh wait for the news if doesn't work out it might be worse! I insist i might be wrong! But not necessarily wrong! Am sorry for wrong trade you excuted! Best of Lucky budy!
daily chart

rsi & macd are both momentum indicators

sma is trend indicator

still bearish
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We learn new things daily
Quoting Moty
mf , stop rising {image}
check 30 min macd
We learn new things daily
Quoting PatienceFx
{quote} check 30 min macd
bullish divergence?
Ranging maybe now till NYO ?
Insane in the Brain..
Quoting Yngwie
{quote} Sell again 1600 SL 1635
Secure locked with profit
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting BeeTogether
Ranging maybe now till NYO ?
i think yea,,may be wating for ISM PMI
Blank and Empty
Quoting buffedmage
{quote} i think yea,,may be wating for ISM PMI
yeah that will potentially bring the pair down to below 11550
Insane in the Brain..
Quoting Zeiferz
{quote} Seem like nothing is stopping this train. I am stuck. Need a really big hammer moty
i will be very surprise to see any change till end of the month
minor drops, fast recoveries
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Lord mage please buff my luck and GBP strength and send it to my TP pls.
Sucks for it to traveled to 80% TP now reversed back to near breakeven. =')
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The recent reversal to the downside seems to have found support at my lower key level, if destiny permits, eventually the trade will hit TP anyway, maybe the red USD news later can give it a pump.

Rules are rules, trade needs to travel all the way to 100% TP or SL to conclude it, highest it traveled was 80% TP, that's still 20% profit left on the table, it is a lot if I am missing this much consistently.

We'll see.
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Quoting Reverso
Lord mage please buff my luck and GBP strength and send it to my TP pls. Sucks for it to traveled to 80% TP now reversed back to near breakeven. =')
may pips be with you buddy
Blank and Empty
Quoting Zeiferz
{quote} bullish divergence?
It only tells me to sleep 30 minutes
We learn new things daily
Problem I have with my shorts is:

* Its nearly hit the 2 year's low found resistance and could go on the next phase (BULL).
* News at 3

It is not looking good, but retail will get slaughtered at 3, both ends!!!
Don't trade what you think. Just what you see!!!
short with tp 1.1500
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Quoting Waveskierrob
{quote} Added another SHORT 1.1605 no tp no sl
Closed just this SHORT 1.1570 +35 pips ...2 SHORTS running BE 1.1570 ....its pocket money time RH....aka Patski
Been spending the most of the day fixing my position in this. I guess I should be lucky I got to cover what was lost, no small thanks to gains in other pairs.

But it's been a hell of a day. (It didn't help that I've also lost half my money in trades last week and is hard pressed to recover what was lost.)
"No trade is still a trade." - Peter Borish
Heya all, I see some nice charts here congrats !

GBP for me is 3 states on 4 "quarters" simple PA trading. A chart basically goes up, down, or nowhere ;-)

00 has a range from 10-90
75 has a range from 80-70
50 has a range from 60-40
25 has a range from 30-20

Good feeling for the thrust, but IF it moves out of these ranges, it is most likely to move to another.
PA with mini Supply / Demand, no MAs used.

Have a blast, guys ... cheers George
"We are all just prisoners ... of our own device ..." (Hotel California)
Quoting TonyTepeli
{quote} By how much my friend! My analysis is telling me that we are in new trend , most of us have not noticed it yet! We had confluence in daily timeframe followed by bullish candlestick! Enough to be a reversal signal , GBP will likely keep flying with some up-down swings! I might be wrong! Buh wait for the news if doesn't work out it might be worse! I insist i might be wrong! But not necessarily wrong! Am sorry for wrong trade you excuted! Best of Lucky budy!
Thank you you for your input Tony but it seems to me me all the bullish moves have come about maybe because of the US holiday yesterday. It wouldn't surprise me if New York makes it look bullish and then go the complete reverse and sends the bears in strongly. My fingers are crossed for that outcome
I have a Sell trade now. My last of the day. My entries today have all been poor entries and I'm lucky that I didn't lose any pips. This entry is not good either, but perhaps I will get something.


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I am neither brave nor stupid...I am just a part time trader
Quoting Reverso
The recent reversal to the downside seems to have found support at my lower key level, if destiny permits, eventually the trade will hit TP anyway, maybe the red USD news later can give it a pump. Rules are rules, trade needs to travel all the way to 100% TP or SL to conclude it, highest it traveled was 80% TP, that's still 20% profit left on the table, it is a lot if I am missing this much consistently. We'll see. {image}
SL hit, cant win all the time i guess? been winning many days in a row
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RuffRider