Cable Update (GBPUSD)

Quoting TheWolf

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{quote} (MT4) Fluid Fibo is amazing. Rigid Fibo works sometimes, sometimes not. With fluid Fibo you are able to sniper entries and also helps with SL. That's why I was able to sniper entries last week on GBP/USD. Great thing! Forex is a living thing. That's why you need tools that are constantly updating to mirror the price. Rigid levels while can be helpful aren't THAT accurate.

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Quoting dantpm

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{quote} Where can I learn more about Fluid Fibo? Is there a custom indicator for it?

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Quoting Svetul4o

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{quote} With the mini budget they've removed the highest 45% income tax bracket. Couple this with areas being designated as enterprise zones around the country and you have the potential of high earners + big business moving from the mess that is Europe to the UK. Despite all the dark news about inflation, fuel shortages and so on due to the war, the UK really has very little exposure to Russian imports of any kind. The biggest imports from Russia before the war were precious metals and stones. Not sure about other cities but in mine business are...

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Quoting billytt

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{quote} see a line, trade a line. Keep it simple. Thinking ruins most traders. trade well.

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Quoting Svetul4o

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{quote} With the mini budget they've removed the highest 45% income tax bracket. Couple this with areas being designated as enterprise zones around the country and you have the potential of high earners + big business moving from the mess that is Europe to the UK. Despite all the dark news about inflation, fuel shortages and so on due to the war, the UK really has very little exposure to Russian imports of any kind. The biggest imports from Russia before the war were precious metals and stones. Not sure about other cities but in mine business are...

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Quoting billytt

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{quote} see a line, trade a line. Keep it simple. Thinking ruins most traders. trade well.

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Quoting tenkanzen

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{quote} 29,600 is my target for today. But let's see the reaction during London.

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Quoting tenkanzen

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{quote} Cmon...give me 29,600 quick... Get above 29,300 and we wil push for 29,600.. Once equities turns green and forces yen pairs ie GJ to rally, I think GU will move towards green..long-term bearish, but intraday, we may see a rally first..my two cents..

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Quoting MrFanciful

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So the DXY has come back to the low of the last bullish daily candle before the latest down move. It's also come back to the open of the last bullish 4hr candle of the first pullback before the high of the trend. Time for a down move for the DXY or is the world thinking "Dollar seems good value right now"?

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Quoting billytt

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{quote} see a line, trade a line. Keep it simple. Thinking ruins most traders. trade well.

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Quoting Whale

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{quote} Price will do what it should. The haste is from the devil

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Quoting Svetul4o

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{quote} Yep. My small brain can only deal with so much information at a time

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Quoting tenkanzen

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{quote} Sometimes it's good to be just like this: {image}

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