Cable Update (GBPUSD)

Quoting Whale

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{quote} Really? 0.75 or 0.5 Most of the time the actual meet the forecast. I hope for 0.5 and tomorrow 1 from BOE and I’m set for the rest of the year. but of course I will not get that. im in with small long position @ 1.13888, will not leave this one until Christmas only add when I will be above water.

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Quoting erez h

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{quote} read the article at calcalist he need to make a stand, the market not believe him so he need to be radical

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Quoting ScalaFX

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Adding to underwaters, now 1326 pendings 1311 1300 1288

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Quoting Coreg2004

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{quote} donfriday, I know I'm in a different league b/c I'm a 30-60-120 pips guy. Daily ATR(14) is currently 120 pips, so as a day trader I don't expect more than 80-120% daily ATR(14) move during one trading day. Lately, I often enter my trades during the first 2 hours of the Tokyo session. {image}

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Quoting Moty

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{image}

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Quoting Moty

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{image}

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Quoting dempire1

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Okay so at this moment it still seems bullish to me but it's not yet confirmed. I want to see what PA does the next hours. If it continues consolidating then Ill set my buy limit @ 1.13200 with 40 pip SL. Good luck everyone. {image}

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Quoting Headland

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...just as some scenarios, let's say we get: a. +0.75% and a hawkish statement - most likely reaction = buy $. b. +0.75% and a dovish statement - most likely reaction = buy $ on knee-jerk, then sell it on digesting the statement. c. < +0.75% and a dovish statement - most likely reaction = sell $ d. > +0.75% and a hawkish statement - most likely reaction = buy $ e. > +0.75% and a dovish statement - most likely reaction = buy $ on the knee jerk, then sell on digesting the statement Anything can happen. Then of course the press conference 30mins after...

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