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Cable Update (GBPUSD)

Quoting BeeTogether
Graveyard shift again..
not exepcting anything else though
Just my view



as long as weekly/monthly dont close below 1.2250 Quarter Point level i will remain bullish failure of 1.2250 will turn Gu down toward 1.20 and 1.1750

as it stands i expect the up trend to continue but not without collecting some liquidity before going up.

its not a prediction its my way of reading the chart i maybe wrong.
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I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting donfriday
Just my view as long as weekly/monthly dont close below 1.2250 Quarter Point level i will remain bullish failure of 1.2250 will turn Gu down toward 1.20 and 1.1750 as it stands i expect the up trend to continue but not without collecting some liquidity before going up. its not a prediction its my way of reading the chart i maybe wrong. {image}
hey Don
Using Quarter Point Theory this is my view
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One week lext for January candle to close.
Interesting outlook so far - tweezer top, bear or bull engulfing. We also have upper trendline joining ~12600 area.
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Quoting RemyLou
{quote} hey Don Using Quarter Point Theory this is my view {image}
GBPUSD
price above Major large quarter point 1.20
price above large quarter point 1.2250
starter of the year 2023


as i said in a previous post 1.2250 should lead to half point failure of these will send GU back to 1.20 and 1.17


1.1750 is a liquidation of the previous move

the main goal here is 1.20 to 1.30 if not to fail but should it hesitate to do so weekly or monthly closing below 1.2250 thats send us back to the starting point without hesitation 1.20


as it stands the Bull have upper hand.
I NEVER LOSE/=I EITHER WIN OR LEARN
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Did a breakout, but i'll wait more.

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Together we can be strongest
Quoting Moty
{image}
Lucky you, i close in minus and goes down for 15 pips more
Mustaqim Alfarabi, Road To +2900
MC Master Pips Today: 248
Is it even possible to make a living off of the Asian session??
Geeezzz
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Relax, focus and trade what you see. Copyright
"מצחיק" LUSTig iou "גוג מגוג"
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Instrument GBP/USD
Last update 6 hours ago 1 day ago 5 days ago
−23.68 % −20.32 % −26.86 % −18.98 % liquidity consumers
+23.68 % +20.32 % +26.86 % +18.98 % liquidity providers

guess they lost their shirt this morning market makers... even more BAAL of it
Relax, focus and trade what you see. Copyright
Quoting BrainBucks
Is it even possible to make a living off of the Asian session?? Geeezzz
I think brokers are doing allright...
Tall tails tell tales.
Quoting dantpm
{quote} What about the strikes in the UK, protests about energy costs, and the cost of the Ukraine/US - Russia war?
Personally, I would pay very little attention to the war part. They're just fearmongering.

On energy supply, various contingency measures, could be makeshift, could be permanent, are already in place, so very little effect on continent Europe. Just pay more, and gas tap will remain open. That explained why I did not part take in energy doomsday bet that many did in Q3 '22.

As long as lights on Wall Street and The City are on, it'll be another business as usual year for capital markets. Politicians come and go, messing things up along the way, money continue to be made regardless of who is "purportedly" in charge. If strikes bring down an administration, that's good. We'll have more opportunities. If they don't, there's still opportunities. Emotion triggers become market triggers, brilliant!
Quoting BrainBucks
Is it even possible to make a living off of the Asian session?? Geeezzz
I guess no, because at frankfurt, Asian high or low will be sweep. Unless there is red news for Japan like interest rate or policy meeting, then can easily make 200pip in 30 mins or nothing.
Trade at good levels or no trade at all!
Quoting Yngwie
Long 1.2285
Close for 50 pips
naked trader ~ GBPUSD only!
Quoting BrainBucks
Is it even possible to make a living off of the Asian session?? Geeezzz
That's a great obversation. I was waiting for someone to ask that question, or make that remark, a long.... long time ago.
Quoting BrainBucks
Is it even possible to make a living off of the Asian session?? Geeezzz
yes possible.

My trading style is more of asian based.

Strictly, you should get out of trades before LO
Intraday only.
sell - 1.2323

stop loss - 1.2345
Together we can be strongest
Quoting navk
{quote} yes possible. My trading style is more of asian based. Strictly, you should get out of trades before LO
there other pairs... nip on
Relax, focus and trade what you see. Copyright
Currently long usdjpy and cable. Currently trend of cable remains down.
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