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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting PatienceFx
{quote} am i permitted to book profits now {image}
well done buddy!!
Quoting Mitiblotch
{quote} You were so certain of the dump and your H8 analysis was spot on! I am not in any trade so missed the ride down. Just wanted to say kudos.
Thanks. Intrinsic Market Timing (IMT) rarely steers me wrong.
The markets are speaking to you. Do you know their language? I M T
Quoting ForexGoose
I think that selling rallies after the BOE tomorrow will be good i put in a sell limit at 1.266
where is the next bear fib level?
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
2145 ????
Quoting Pat Chiko
{quote} GU After Momentum canldle (dont stand in front of the train) , price now N-tering compression zone. Its not for S&R zone to play.{image} I will now move all my stop to positive and go for smoke. Luckly today is not FRIDAY for party............... Please dont do anything stupid while I'm gone for smoke...

Pat nice to see you slaying the markets!!
Trade what you see not what you think.
Garrick is my biggest secret fan All Time Return: -46.1%
Quoting Moty
{quote} i was In a hurry I agree but here is confirmation {image}
OK, so at least you have some confirmation signal that you use. For me, a simple swing up on M1 is not confirmation. It is just a "MAYBE reversing" notification. That could simply be yet another rally to be followed by a return down to even lower lows.
The markets are speaking to you. Do you know their language? I M T
Quoting sharingan9
{quote} The market is moving in the direction of value which is up. Market is currently searching for a new fair price to the upside. I feel it may stop either at weekly R1(1.2634) or Monthly R1(1.2672)
Quoting sharingan9
{quote} 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.
Quoting sharingan9
{quote} {quote} {quote} Monthly R1 zone hit as predicted. Price may either drop significantly from this level or break to the monthly r2. protect longs from here and look for short opportunities with value. Value is foresight by calculation.
GU perception of value changed to price at lower prices.

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Shorting USD at these levels in anticipation of this resistance holding
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Quoting Pat Chiko
Whatever you want to do, please place SL in your trade. Take care. Some can make LIVE call, some cannot. Some can only make Hindsight call, better keep it that way, as many of the live called failed miserably. Keep it hindsight, good to keep the reputation intact.
Better fail to only post profits. Atleast there is opportunity to learn from failed trades ( I hope).
Trade what you see not what you think.
Garrick is my biggest secret fan All Time Return: -46.1%
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Quoting BeeTogether
{quote} well done buddy!!
the previous and forecast of PPI gave me the hint -- it was easy
Quoting PatienceFx
{quote} the previous and forecast of PPI gave me the hint -- it was easy
second reason
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Looking to take profit on long circa 12560-70 daily S2 area. Tomorrow Friday could be lots more up down
Some Anxious moments but Not enough....
Closed All for the day.
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Still Learning
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Quoting PatienceFx
{image}
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still bearish
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Quoting Moty
still bearish {image}

Volume started decreasing.
Divergence in my system.
Either it range until the end of the day or it'll retrace partially to form a bottom wick at daily bar.

Update: Small scalp Long. Getting my lunch money for tomorrow.
Novice Scalper, lots to learn. 100k goal next!
Quoting Moty
still bearish {image}

yup not liking it.. 125 broken needs a reaction. Maybe need to reassess the TP area for tomorrow
Quoting OnlineAddict
Stubborn above 2600...but looks like a setup. We should see 2500 and lower this week.
And done. Also done with pound for now.
Everyone can see the chart, but only a few can actually read it.
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