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Cable Update (GBP/USD) without Idiots 25 replies

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Cable Update (GBPUSD)

Quoting Mitiblotch
{quote} Why was he jailed for doing what the big banks do legally and illegally? They just get small fines here and there and a few people get sacked if it's such a serious situation. They guys ahold have been made to pay 2% of his $30m as fine and allowed to walk free. The criminals running the show are allowed to do worse and nothing happens to them. Why jail a hardworking ha kerry who made a paltry $30m?
Interesting trading days as of lately..
Equality will be the next big thing in trading
Quoting Wavegarrick
Bulls setting up for last push of the week.
Indeed
Equality will be the next big thing in trading
Quoting Robinhood1
{quote} Attenzione eurcad 1.4757
eurcad 14752/60 went long
POSTMASTER
Quoting sharingan9
{quote} Price retrace after hitting weekly R1 but I feel we have one more push to the monthly R1 coming up. Longs held. {image}
NFP news was not enough to change the market's perception of value which is a price at higher prices. Price moved up and I believe it will continue to the monthly R1. It may even break above it but this could change the perception of value.

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Looking like another week in Atlantis for my FF GU trade, thank God for hedging and patience...
im trying to sell since i think the buyers went downstairs
Equality will be the next big thing in trading
Actual target for cable: 1.3372
Actual target for gold: 2218
Actual target for eurcad: 1.5238
Actual target for chfjpy: 155.58

All ascending by the hour.

I may be wrong
POSTMASTER
Quoting Waveskierrob
Looking like another week in Atlantis for my FF GU trade, thank God for hedging and patience...
what’s your area for b/e ? I’m at 12566
Insane in the Brain..
Well the shorts gave some pips, enough for a diet coke and a new pair of socks.
Equality will be the next big thing in trading
Quoting BeeTogether
{quote} what’s your area for b/e ? I’m at 12566
Hope you see it next week
The market neglected the news. Maybe it is because they don’t expect any rate hikes by FED.

The easiest trade of the day was Nasdax buy. Which I did not use.
I think GU with EU will be pushing up till data release in wednesday, some corection will be in play but I think max 2590-80, thats the area to reload some longs, cheers all and have a nice weekend!
People don't plan to lose. They lose because they don't plan.
Quoting ScalaFX
I think GU with EU will be pushing up till data release in wednesday, some corection will be in play but I think max 2590-80, thats the area to reload some longs, cheers all and have a nice weekend!
A couple of thoughts GU and EU popped this week on no significant news, almost as if the MMs simply wanted to move it. Going into next week there is nothing to stop them from moving price. It all comes down to where the open orders are and whether or not the algos can move prices to those open orders. Either this happens or we simply get a range bound scenario where they try to take of liquidity.
hell of an ending. Let's see what next week brings us
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Quoting dantpm
{quote} A couple of thoughts GU and EU popped this week on no significant news, almost as if the MMs simply wanted to move it. Going into next week there is nothing to stop them from moving price. It all comes down to where the open orders are and whether or not the algos can move prices to those open orders. Either this happens or we simply get a range bound scenario where they try to take of liquidity.
HI. There are times when MMs cannot control price. Manipulating the markets is a mistake, it is a consecuence of ignorance. It may suit 99% of the time but when the black swan shows up at 1%, it wipes MMs too, sending many to bankruptcy. We are doomed to become extinct as a species. Competition is a lethal enemy in all fields. If there is knowledge there is no need to steal abusing power that is temporary, sometimes you are at the top and sometimes at bottom. One of those drastic movements is brewing.
POSTMASTER
Quoting Georginson
{quote} its preparing for gigantic fall from early next week, this move is highly manipulated to eject early sellers and trap enough buyers upstairs... I see this run stopping around 1.2690 area then full scale sell back to 1.2500, then 1.2383. Patience and good money management will do the trick.
my view
still expecting 1.27

before 1.23
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MY OPINION NOT FINANCIAL ADVISE
Quoting BeeTogether
{quote} what’s your area for b/e ? I’m at 12566
1.1943 ....
Well looks like I was right again with price movement ...
Quoting Waveskierrob
Well looks like I was right again with price movement ...
Compulsions can be hard to resist
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Compulsions can be hard to resist
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luisinho