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cable short for gbpusd? 10 replies

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Cable Update (GBPUSD)

Quoting johncena
its Enough Down Trend since last 6 months, its time for retrace upside.
it seems so and one must always be aware the more the trend extends, but it could be falling for the next 6 months and more if the conditions that made it go down in the last 6 months don't change.
Ask Argentina how bad can things get, they were once one of the worlds strongest economies.
Quoting WizardTrade
{quote} That's the time for the pound to recover till 1.1 and then plunge to parity
That would make a nice Sell
I am neither brave nor stupid...I am just a part time trader
Quoting SilentFather
{quote} Ok, Good Job then. That's fine. Don't give up. Have some ideas for you, if you would like that. (Sorry that I'm saying it here) 1. Problem causing this, might be your entry / stoploss. 2. If you use traditional charts, get cTrader. It has TICK charts in it... This could help you catch low / high and thus your SL could be much less. 3. Check my first thread I made. To be fair, I have same problems. My problem, as I now just checked my trades on PC, that I use mobile phone... I entry buy / sell somewhere where I wouldn't do it at all. Phone...
So, it went as I said. We would take the low and go buy. Good for scalp. On 1 minute chart. It can be done on H1 or more, but that would be annoying to create such analysis for it.

SF
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Quoting gytenas112
{quote} look at the history GU is moving down from 2007, ant there are more than 6months in a row going down
they already killed 1400 Priced accounts so if they are going to move more down they need to fill up the Accounts so at least they will revert back to 1400-1500 again before go down,
Quoting Indiara
{quote} The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
Gold and Silver says hi.
Quoting Indiara
{quote} The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
When they say "digital currencies", they aren't talking about crypto. They mean CBDCs.
Gold heading to 1686 zone if it fails I am expecting it to reach 1584 within the next month
WARNING: This post warps space and time in its vicinity.
09990 or 1.1050 which first gold I have always had if you go back as far as December. 1760 1550 and possible 1370 . So more down it just might be
Quoting MrFanciful
{quote} When they say "digital currencies", they aren't talking about crypto. They mean CBDCs.
I had to google CBDC, but now that I know, it makes sense. I don't know so many things! Thank you
I am neither brave nor stupid...I am just a part time trader
BB Squeeze underway. Breakout expected within the next half hour.
WARNING: This post warps space and time in its vicinity.
How do you guys not lose you god damn mind with this?
Quoting Fardeen1209
{quote} I think everyone do that. All realized profits become margin and risk for the next trade. We just need to know how to make use of that profit to make more profit(compounding effect), protect it and make maximum trade out of it!
But as has been shown this week, that is for most people only a philosophy and not a pragmatic approach being put into practice.
To free Gazans of Hamas, use whatever it takes.
Quoting thevisitor
Need a hammer!
come on, Sledge
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Quoting thevisitor
{quote} come on, Sledge{image}
That was a great show!! Don’t make them like they used to
Insane in the Brain..
Quoting MrFanciful
How do you guys not lose you god damn mind with this?
I play music
I am neither brave nor stupid...I am just a part time trader
Quoting lddd
{quote} Update: Still in to win it even :-) Although I didn't have a specific goal with the trade and this is just demo i decided to move the SL to about break even last evening (well about +10 Pips "locked" in). The broker or some other manipulating forces obviously had no interest so far in taking me out. Today it's moving only in one direction and that's up (easy to see after the fact). What is the trend? On my M15 chart it looks like we are in an uptrend considering i am only looking back for the last 24 hours where my screen stops printing...
So the "trend" needs to be put in relation to TIME is that the conclusion?
I have posted so many times that trend is context/TF dependent that I've lost count.

Plus, change comes from smaller TFs and progresses upward through the TFs.

Those two concepts used on multiple TFs produce an amazing edge for selecting the entry TF and direction.
To free Gazans of Hamas, use whatever it takes.
Quoting Nala66
OK which way will it break? {image}
Why guess when you can either just wait and then FOLLOW where it goes or place pending orders straddling the range if you have fear of missing out?
To free Gazans of Hamas, use whatever it takes.
Quoting BeeTogether
{quote} That was a great show!! Don’t make them like they used to
What about..
Inserted Video
Quoting MrFanciful
How do you guys not lose you god damn mind with this?
If you are referring to retail traders, then it's just part of the job requirements.
To free Gazans of Hamas, use whatever it takes.
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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
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