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Cable Update (GBPUSD)

  • #722,621
  • Edited 8:04am Jan 23, 2023 7:17am | Edited 8:04am
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Word of the Day : January 23, 2023
P endemic what MSM tags on... CONdammed if you do CONdammed if you don't... fuck the MSM think for yourself... fuk the payola to the MSM...

have a good day back tomorrow...
  • #722,622
  • Jan 23, 2023 7:38am Jan 23, 2023 7:38am
I think it's time to long my trades as EBC is also on Hawkish tone. FED is also expected to slow or pause interest rate hikes. With this in mind I'm buying .
I'm enjoying the wins because I was once terrified by loses
  • #722,623
  • Jan 23, 2023 7:40am Jan 23, 2023 7:40am
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #722,624
  • Jan 23, 2023 7:42am Jan 23, 2023 7:42am
Quoting Reda.el
{image}{image}
compte reel?
  • #722,625
  • Jan 23, 2023 7:43am Jan 23, 2023 7:43am
THIS Pair, if were caught at its true reversal point, is known as one of the best pairs i gaining swing pips in shortest period!!
1.2660 may be the best point!

all USD pairs, confirmed up-ward direction! then be patient and wait the best reversal point!
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #722,626
  • Jan 23, 2023 7:46am Jan 23, 2023 7:46am
Quoting Pat Chiko
{quote} GU pull back on RSF zone. May re-enter after pullback Price may want to close gap and moved to RSF zone{image}
thanks for the tip! i had the courage

this is the first time i bought on a dip in the same day

only 3 scenarios possible:
1. hits 160 pips in 1 hr
2. i close at whatever price at 1800 GMT
3. +40 pips, for both orders if it spikes downwards

whatever way, im in green
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  • #722,627
  • Jan 23, 2023 7:50am Jan 23, 2023 7:50am
Quoting Moty
took short aussie {image} {image}
Come on mister Aussie
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yes yes yes
  • #722,628
  • Jan 23, 2023 7:51am Jan 23, 2023 7:51am
Quoting Pat Chiko
UJ Long{image}
UJ

Partial TP
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #722,629
  • Jan 23, 2023 7:52am Jan 23, 2023 7:52am
Some of you might find this interesting

Inserted Video
Follow The Markets Structure - Patience and Discipline
  • #722,630
  • Jan 23, 2023 7:57am Jan 23, 2023 7:57am
Long 1.2338 SL 1.2329
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #722,631
  • Jan 23, 2023 8:03am Jan 23, 2023 8:03am
Long at 1.2343... target 1.2550... second buy limit at 1.2313... both stop at 1.2297...

Will leave positions open till Wednesday New York if it doesn't hit the stop.
Data + Stat + Risk/Emotions Management
  • #722,632
  • Jan 23, 2023 8:07am Jan 23, 2023 8:07am
Quoting W0lfram
Touched Friday's POC...{image}
1st target 1.231 or ~1.2294 on spot market (depends on broker)
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Air force
  • #722,633
  • Jan 23, 2023 8:07am Jan 23, 2023 8:07am
Quoting Pat Chiko
{quote} GU pull back on RSF zone. May re-enter after pullback Price may want to close gap and moved to RSF zone{image}
GU

Partial TP
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #722,634
  • Jan 23, 2023 8:10am Jan 23, 2023 8:10am
Here is another one Price Action Trading reversal and continuation setups
Inserted Video
Follow The Markets Structure - Patience and Discipline
  • #722,635
  • Jan 23, 2023 8:13am Jan 23, 2023 8:13am
Quoting Wavegarrick
{quote} Where there is smoke there is fire. Deeper retraces are signs of trend exhaustion. With that said, bulls have recovered. Most importantly a weekly close above 1.2400 good for Bulls. Flip side below 1.23000 could set a deeper correction in action. Have a great weekend, Cheers. {image}
Buy trade opened at my weekly pivot at 1.23327 with stop loss below 1.23000.
Take care,
Cheers.
Trade to trade another day
  • #722,636
  • Jan 23, 2023 8:14am Jan 23, 2023 8:14am
EU is going straight down to below 1.0767 to start a ranging period before heading to 1.00500
POSTMASTER
  • #722,637
  • Jan 23, 2023 8:18am Jan 23, 2023 8:18am
Quoting Robinhood1
EU is going straight down to below 1.0767 to start a ranging period before heading to 1.00500
they will try locking my price first, forgot about it

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POSTMASTER
  • #722,638
  • Jan 23, 2023 8:23am Jan 23, 2023 8:23am
Quoting Robinhood1
{quote} they will try locking my price first, forgot about it {image}
Attached Image (click to enlarge)
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POSTMASTER
  • #722,639
  • Jan 23, 2023 8:24am Jan 23, 2023 8:24am
Quoting yelena
{quote} im sure of it! BUUUUUUUUUUUUT, it should have been taken at check marked. anyways, 100 TP stops at BE now {image}
really good idea! I did not trade uj often !
  • #722,640
  • Jan 23, 2023 8:30am Jan 23, 2023 8:30am
Quoting Georginson
Hello Guys, we are entering the business end of January and the trend still appears bullish. I dug deep into previous January Months and discovered this 2023 January has similarities with January 2019, 2018 and 2017. The above listed January months had ranges between 687 to 888 pips and coincidentally, they recorded their highs around 25th day of such January Years... So far, January 2023 has produced 594 pips (1.1841 - 1.2435), which may still extend to 680 - 750 pips... Below are possible simulated scenarios for January 2023... ✓1.1841...
no mate you are Good.
but problem is Check the Fundamentals, if you want i can Post Data Charts of most mews, said it befor eand saying is agan, its not just about the Dollar,
UK economy is not doing well. and that is fact.
lets review,
last week Specially Wednesday all news were supposed to be Good as per So called Expected
but it came BAD, and Pound fell from 12390 to 12330.
fine it went up on USD weakness,
but Just to be Clear USD INDEX is still intact with 101.10 support is holding from May 2022..
and just go back and look what happened Next,
after the FOMC 25bps result, You may be Surprised how Market will react,
i love it when it goes Beyond Expectations and makes Extraordinary moves

there will be a Spike not at the News time it is already 90% Prices in.
but when Powell start opening her mouth, that's when usually it happens.
and from past experience can tell you, if Before the FOMC news USDINDEX holds above 101-102 range t will get us back to 105 and that's what Most Hedge Fund Traders are Betting,
i am Posting a Picture to CLear the Air about USDINDEX and Pound as well.
according to COT and Some other reports non reported Fund Managers Collected From Brokers Orderbook. etc.

my Point is Dollar is not Free falling to get it to 1.28 in a week..
if you really want to see how Pound is Doing here is a simple trick,
" look at at least 6 Pound Cross pairs Specially EURGBP and you can clearly see if pound is Getting strong or Dollar is Weak.
today for instance, Euro broker 1.0900 and came back,
but last time Pound was at 1.2430 euro was 1.0730
this time euro is High at 1.09 and Pound could not break 1.2430 and back to 1.2330
and this time it cannot hold 1.2330 because the Pressure of This week's Expected bad news from Pound is already weighted on Pound,
every cross pair GBPAUD GBPNZD GBPCAD GBPNOK GBPSEK all are down
Just a Look some are Down more then 1500 pips Specially GBPNOK AND GBPSEK.
it does show that traders are Pulling back from Pound at least for NOW.
and that will weigh on Pound to bring it back to 1.2250 at least.
Pound is weak on almost 11 cross pairs there must be reason for that??? think.




but a Wise trader Once said " Trade What you see not what you Believe"
Don't compare your Trades with Others
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