Cable Update (GBPUSD)

Quoting 7154Superman

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{quote} EUR/USD and GBPUSD price didn't continue up quite as high as expected on Friday, but still ended with a higher high. Now, for the start of this week, I can still see a fair probability for price to try one more time to make a higher high before dropping through last week's low. However, I do not feel comfortable opening long positions anymore, so I will open an EUR/USD short position upon market open, add more shorts if price goes higher, then hold for a 100+ pip drop to approximately 1.08 or lower for EUR/USD. I set 4 limit short orders...

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Quoting Pat Chiko

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{quote} GOLD Update scalping position Partial TP {image}

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Quoting 7154Superman

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{quote} This was my prediction at the beginning of this week. Was it accurate?

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Quoting kenny4real

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GU gave a beautiful price action today. As far as I'm concerned, GU is bearish according to my BTMM system(We have a downward cross of EMAs 50 & 200 on 15 Minutes timeframe. Although I'm holding a small buy up to EMA 50, I have a sell limit @ 1.2700. Let's see how it goes. Good luck! {image}

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Quoting kenny4real

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{quote} TP hit!

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Quoting 7154Superman

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Since "Traderview" in the "EUR/USD only" forum emphatically declared that EUR/USD will test 1.10 before ECB on Thursday, I felt the need to re-evaluate the price action. If the 5 min 200 SMA line at 1.08964 doesn't hold, then more up we go. If the 15 min 200 SMA line at 1.0886 doesn't hold, then more down we go. Next resistance for bulls is 4 hr 200 SMA at 1.09200. If that fails, then 1.10 is on the cards. Then after that we drop to 8 hr 200 SMA at 1.08345, which is already below Day 200 SMA. If that breaks, lower to 1.06 area. Just a thought {image}...

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Quoting 7154Superman

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{quote} How accurate was this? 4 hr 200 SMA resistance at EUR/USD 1.092 area held, so price dropped to 1.082, which is a little below 8 hr and Day 200 SMA area, then bounced. Now, it is yet to be seen if price will continue breaking down through this support area of 1.082-1.085, then go to 1.06. Or if today's low supports here, and price goes back up to 1.10. If that breaks, then possibly 1.125 area. At this point I can't tell which direction has the greater probability of succeeding. I imagine we will continue to see more sideways action...

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Quoting mastersplint

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{quote} I feel we are headed to 1.27500 area next

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Quoting Zebi

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{quote} youre doin great 7154...nice predictions...people say it cant and shouldnt be done LOL...pretty soon youre gona get a shit load of hecklers besides numbcrack LOL...jealousy does that to people i bet beneath that mild mannered picture on your profile you wear an S under your clothes people gona start calling you clark kent {image}

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Quoting Zebi

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{quote} i got excited that with your name you might be from chicago LOL... and have a couple beers but alas youre not

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Quoting 7154Superman

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{quote} Thanks for your compliment. I'm considering myself lucky my predictions were mostly accurate so far. Still expecting to go wrong at some point. LoL To newbies: I still don't recommend you blindly following my trade calls. I don't. I still use my risk/money management system along the way just in case my prediction doesn't pan out. Best of luck!

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Quoting _BBKing_

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Ok so, I came to a conclusion. long 1.2683. Have a protective stoploss @1.2570. Target 1.2883 {image} will keep increasing if things correlates so if goes up. if goes down, I will consider to close it before the stop, depending on the reasons. {image} bit late entry was better to get it 30pips lower, but I was not ready for that thinking for a lower rate to come. I will consider a target near 1.30 but atm it looks outrageous. possible problems if up, come anywhere between 1.27 and 1.2750 then 1.28 and so on. so, the plan is: if the thing goes straight...

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Quoting genadi

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So this is valid sell setup? This is basic? {image} Or do you need to go for ICT drawing to get more info?

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Quoting nubcake

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{quote} Why the fuck do you give a shit? That should be the question. If you are on my ignore list it's because I don't get a single shred of utility from your posts and find you irredeemable, and will choose to read some hidden posts once just to understand the flow of the conversations going-on, and then never again. And for some, not even once if you are just that fucking stupid and a waste of my time. JFC mystery solved everyone! Some people here have proven themselves to be so dumb and so uninteresting I just can't even......

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Quoting Moty

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Out with minor 20$ loss I entered at 1.26800 area for long Price dropped 30 pips , and i was in 150 $ floating loss Because my position was 0.5 lot size Lucky for me price came back up I hope tomorrow i will trade with my strategy and not against it {image}

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Quoting T721

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{quote} {image}

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