Cable Update (GBPUSD)

Quoting azhantahir

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{quote} Base on Algorithm, 1.252 ending point of MMSM (Market Maker Sell Model). Also ending of Sell Side Liquidity. Should be buying pressure around 1.244+-. point 1.260 is breaker zones to mitigations. Just personal opinion. Trade safe

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Quoting Zebi

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im luvin that priapic daily looking candle dantpm... i know your interested in the dollar charts since its easier to analyze than pair charts ...the thing is use futures or like the capitalcom one i post or even etf dollar charts....something that is actually traded...i used to look at fxcm usdollar chart but dumped it years ago for some reason i dont remember anymore whatever you do dont use DXY index chart....it isnt traded ..its just to price options by options traders and thats even more shady market than retail forex LOL so while futures...

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Quoting Zebi

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{quote} kinky...heres my priapic dollar chart from yesterday....theres no technical damage bein done to the dollar all this shit today will be reversed if not later by the close than monday on GU and gold if todays dollar candle closes above yesterdays midpoint thats boolish dollar and bearish gold and GU {image}

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Quoting Zebi

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the dollar chart reached my 102 level i been talkin about since that shooting star on weekly chart on oct 2nd now its time for the greenback to go up.. you may think zebi ....youre an idiot cause the chart looks bearish but ill counter that with my priapic candle thursday and the three insside up pattern not to mention my favorite of all time signals the wyckoff spring pattern and sometimes i feel like a nut and sometimes i dont...and this isnt one of those nutty times LOL https://youtu.be/Ih3uONFYLcY charts below gentlemen...

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Quoting fxmasterdxb

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I have been trying to analyse the longer term TF’s being daily & weekly, actually the area ~ 1.2520 is very crucial, a clear break through would open the door for the bears to take it to Oct lows or somewhere closer, however, if pa bounces back then continuation of the uptrend is very likely. Ill be checking the chart from time to time, but for sure will dedicate much more time for the family and for myself away from trading

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Quoting azhantahir

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{quote} Market Maker Sell Model base on Algorithm. Just personal view. Trade safe {image}

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Quoting gorjejem

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{quote} Hi guys Complete wave 4 or will there still be fuel to reach 61.8 fibo? 1,248 is a difficult bastion. Then yes... it can fall strongly in a long wave 5 to the basement. we will see. {image} Good trades! JEM.

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Quoting Zebi

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i got stuff to do so last post till evening this is my futures dollar chart...im seein a inv h+s on 4H and daily with a measured target of 106 shud this play out which i think it will....prolly ntake a couple weeks to get to 106 than may retrace a bit bbut not much goin into christmas do your analysis on the dollar chart gentlemen...dont be losers having to spend time in sanitariums {image}

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Quoting azhantahir

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{quote} in progress. Trade safe {image}

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Quoting nubcake

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{quote} Ohhhhh now I see.... right, right. It's pictures of circus tents, and then the same tents after they fall over.

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Quoting Coreg2004

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{quote} azhantahir, do you have any stats on how this algorithm performed over, let's say, 20 trades? The entry going short is too low for me, maybe b/c I enter only on extension or retest.

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Quoting azhantahir

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{quote} Base on algorithm, entries basis base sell stop (below SSL - Sell Side Liquidity) or buy stop (above Buy Side Liquidity). When? Outside consolidations or accumulations. Algorithm not perform well if inside consolidations. Stay away from consolidations. Consolidations occur when the price is constricted by the trading range and has no willingness to break out yet. Why? Algorithm just focusing about liquidity. Where.? Outside range. Lack of liquidity over there.

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Quoting azhantahir

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{quote} Other basic for Algorithm are Reject Block, Order Block, Liquidity Void, Fair Value Gaps, Breaker (Low risk Buy & Low Risk Sell) and Mitigations.

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Quoting trumps

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Seems it's best to keep a low profile in here. https://www.youtube.com/watch?v=cOTQb1A5D2M However,.... Gu is looking very aggressive ATM on the weekly and monthly A bit of a dip early in the week, before a continuation? Some targets ahead. {image} {image} {image}

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Quoting fxmasterdxb

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I have been trying to analyse the longer term TF’s being daily & weekly, actually the area ~ 1.2520 is very crucial, a clear break through would open the door for the bears to take it to Oct lows or somewhere closer, however, if pa bounces back then continuation of the uptrend is very likely. Ill be checking the chart from time to time, but for sure will dedicate much more time for the family and for myself away from trading

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Quoting Zebi

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.the 4H charts gave me sell signals so we'll see lower prices after the obligatory pump hier overnite

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Quoting Robinhood1

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{quote} If 1.2569 is not broken during this hour, expect cable flying soon. If it does break it after, expect it flying anyway. Cheers

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Quoting Robinhood1

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{quote} If 1.2569 is not broken during this hour, expect cable flying soon. If it does break it after, expect it flying anyway. Cheers

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