Cable Update (GBPUSD)

Quoting Fardeen1209

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UJ With NFP hot and spicy, Labour market: strong W. Earnings: Hot Private payroll: almost double. FOMC Rate cut: Mar (already out of picture), May (also out of picture with this data), June (Need to look at CME FED watch) FED focus might shift from falling CPI to tackling Wage Inflation in the coming months. Powell wants Inflation to settle at 2% and not only get back to 2%. He also pointed "we are not looking for a slide in employment, we would cut" NFP data contradict his view. CPI FEb 13 , to once again show how long FED need...

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Quoting Fardeen1209

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{quote} As for NFP have some buys UJ {image}

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Quoting nubcake

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{quote} Are you slow?

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Quoting Ferna

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{quote} Ok 5 min, 15, 30, 1 h, 4 h, 16 h, 32 h etc.. seem all have aligned up now, so i feel confident in shorting from here. Or wait for 64 h?

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Quoting Jolita

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{quote} Calm down and stay happy

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Quoting fontu

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watching daily close for below 2650 and hold . anyway apparently already a fake out by close daily above 2706

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Quoting JackintheBox

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{quote} Haha, I do. I still wonder what happened since news yesterday, when market creeped up like no good. Thanks to my stats I could see the big risk pros were taking but I ask why did they do that? That lost billions today with that action or are at least under water now with 500 million dollars or sth. Avg. Entry for them was 1,2705 probably. I hate those moves like yesterday and over asia session. It's not good for anyone. Of course I made big gain today but I don't like these extremes. Fontu mentioned that also before. I really wonder who...

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Quoting eyefeelsix

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{quote} Where's the Money this scenario might help a bit Trade Well {image}

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Quoting Georginson

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{quote} that's why I set my stop at 1.2625... to manage my risk.

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Quoting Ferna

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{quote} Ok 5 min, 15, 30, 1 h, 4 h, 16 h, 32 h etc.. seem all have aligned up now, so i feel confident in shorting from here. Or wait for 64 h?

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Quoting DrDave

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{quote} Sadly, you describe typical strategy that I see so often on FF: GUESSING that price will drop because some "signal" says it is high enough or too high or been high too long, etc., instead of actually SEEING that it is coming down.

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Quoting nubcake

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{quote} But what did your million disco trendlines say?!

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Quoting DrDave

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{quote} Sadly, you describe typical strategy that I see so often on FF: GUESSING that price will drop because some "signal" says it is high enough or too high or been high too long, etc., instead of actually SEEING that it is coming down.

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Quoting fontu

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{quote} no worry , minimise ! only basic ones now to show the skeleton ! {image} {image}

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