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Cable Update (GBPUSD)

  • #817,221
  • Mar 19, 2024 3:46am Mar 19, 2024 3:46am
The best decision I made during my trade journey was to start looking at raw price. God delivered me from the RSI.
My telegram: https://t.me/avidforex
  • #817,222
  • Mar 19, 2024 3:47am Mar 19, 2024 3:47am
Are you all watching usdjpy the market fluctuations is ridiculous
  • #817,223
  • Mar 19, 2024 3:48am Mar 19, 2024 3:48am
Quoting Moty
I predict profit in 1 hour Come on mf You had your fun {image}
Don't mess with the sniper mf
You shell go now to 103.300
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yes yes yes
  • #817,224
  • Mar 19, 2024 3:50am Mar 19, 2024 3:50am
Quoting Godspromise
Are you all watching usdjpy the market fluctuations is ridiculous
Im waiting for nice drop
People don't plan to lose. They lose because they don't plan.
  • #817,225
  • Mar 19, 2024 3:51am Mar 19, 2024 3:51am
Quoting Georginson
Bought at 1.2695... target 1.2730... stop 1.2675...
Hey Georginson, how did you decide to buy at this level??


Something completely different, I have 1.0843 and 1.0850 support levels for Euro even though they are close together, blew thru 0850 but bounced of 0843 a little.
This next hourly will be important for direction and fourth hour of 4hr

And dxy making a play for 104
Don't Leave Money on the Table
  • #817,226
  • Mar 19, 2024 3:57am Mar 19, 2024 3:57am
GU: H1
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Intraday Trading is an Art _ hoda
  • #817,227
  • Mar 19, 2024 3:59am Mar 19, 2024 3:59am
Quoting HaLBot
{quote} Hey Georginson, how did you decide to buy at this level?? Something completely different, I have 1.0843 and 1.0850 support levels for Euro even though they are close together, blew thru 0850 but bounced of 0843 a little. This next hourly will be important for direction and fourth hour of 4hr
Just by looking at the price action and distance of fall from 1.2893, which is now 200+ pips fall... I expect at least 80 pips bounce anywhere from 1.2650/70 to at least 1.2730 area.

Forex isn't acting normal again, lowest first quarter range of all time. I wonder if it's crypto rally that caused this.
Data + Stat + Risk/Emotions Management
  • #817,228
  • Mar 19, 2024 4:03am Mar 19, 2024 4:03am
Quoting Jade Gate
{quote} {quote} Please read all relevant info. Not interested in point scoring. Here to trade and enjoy the discussion. Happy pips to you
It's not point-scoring when I'm dealing with people who don't understand the term 24-hour market.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #817,229
  • Mar 19, 2024 4:04am Mar 19, 2024 4:04am
Quoting Georginson
{quote} Just by looking at the price action and distance of fall from 1.2893, which is now 200+ pips fall... I expect at least 80 pips bounce anywhere from 1.2650/70 to at least 1.2730 area. Forex isn't acting normal again, lowest first quarter range of all time. I wonder if it's crypto rally that caused this.

"Just by looking at the price action and distance of fall from 1.2893, which is now 200+ pips fall"
Yeah traders going where the money is. Buying and selling crypto, because it's only a small market atm with a MC of 2.38trillion and has been a lot smaller, I noticed if one coin was pumping madly it would affect other coins.
So your theory that money is leaving the forex market is probably correct...
Don't Leave Money on the Table
  • #817,230
  • Mar 19, 2024 4:07am Mar 19, 2024 4:07am
Are you ready?!?!?
Let's get ready for 1.27000+
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yes yes yes
  • #817,231
  • Edited 4:19am Mar 19, 2024 4:07am | Edited 4:19am
Quoting ScalaFX
{quote} Im waiting for nice drop
bro I wanna sleep so bad but don't want to miss the drop I notice everytime it went 150.5 it push it down 50 pips so i guess it doesnt want to go above that level
  • #817,232
  • Mar 19, 2024 4:11am Mar 19, 2024 4:11am
Quoting Zebi
{quote} keep thinking outside the box..approach everything from an angle so you dont become a dummy like the conventional bunch in here LOL great insight {image}
  • #817,233
  • Mar 19, 2024 4:17am Mar 19, 2024 4:17am
ok, let's simplify it,
how many hours a week does this supermarket close for restocking that could affect its sales on re opening.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #817,234
  • Mar 19, 2024 4:17am Mar 19, 2024 4:17am
Quoting Pat Chiko
{quote} GU Scalping SHORT{image}
GBP/USD

GBP has been weakening against the US Dollar (USD) recently.
It's currently near a two-week low and could fall further soon. (my newbie view only)

what's affecting GU:
Strong US Dollar: The US Dollar is getting stronger overall, which makes other currencies like the Pound weaker.
Upcoming Events: Important meetings for the US Federal Reserve and Bank of England could impact the exchange rate.
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Wht we are looking for:
UK Inflation Data: Data on Wednesday will show how fast prices are rising in the UK. If inflation is lower than expected, the Pound could weaken further.
Support Levels: If the Pound starts to recover, it might face resistance around 1.2730.
On the other hand, if it keeps falling, there's support near 1.2670.

Trade Safe & green pips to all.


Disclaimer: This is not financial advice or a trading signal service.
Trading involves risk, and you are responsible for managing your own risk.
This is just my personal newbie opinion.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #817,235
  • Mar 19, 2024 4:18am Mar 19, 2024 4:18am
They are forming the liquidity here. Daily POI is there below the previous 4hour low.
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Read the chart... Fundies are catalyst...
  • #817,236
  • Mar 19, 2024 4:22am Mar 19, 2024 4:22am
Quoting Pat Chiko
{quote} GBP/USD GBP has been weakening against the US Dollar (USD) recently. It's currently near a two-week low and could fall further soon. (my newbie view only) what's affecting GU: Strong US Dollar: The US Dollar is getting stronger overall, which makes other currencies like the Pound weaker. Upcoming Events: Important meetings for the US Federal Reserve and Bank of England could impact the exchange rate. {image} Wht we are looking for: UK Inflation Data: Data on Wednesday will show how fast prices are rising in the UK. If inflation is lower...
im surprised with the data we have this week the dollar is getting stronger especially as we are in liquidity zones now.
what comes to mind is we may drop more and harder as BoE is hinting at June rate cuts. Nothing from Fed but not expecting anything till maybe September
Insane in the Brain..
  • #817,237
  • Mar 19, 2024 4:28am Mar 19, 2024 4:28am
Quoting Bones
ok, let's simplify it, how many hours a week does this supermarket close for restocking that could affect its sales on re opening. {image}
if there is a price gap on a retail chart, then there is a price gap on a retail chart.
that’s what people seem to be saying, nothing more, and the gaps are there to see, on a retail chart.
Compulsions can be hard to resist
  • #817,238
  • Mar 19, 2024 4:29am Mar 19, 2024 4:29am
My target .26 but price at an odd S/R level.
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  • #817,239
  • Mar 19, 2024 4:31am Mar 19, 2024 4:31am
Quoting ScalaFX
Most of my longs activated 2720, 2715, 2710, 2705, 2700, 2695, last 2690, 2685, maybe laterz price can now correct some I will be happy with 2730-40
ok, all active, margin is super heavy so I can stick to this for sone time, waiting for signs of reversal, will be closing this at minus if price fall without eye blink to 2650 and no react
People don't plan to lose. They lose because they don't plan.
  • #817,240
  • Mar 19, 2024 4:32am Mar 19, 2024 4:32am
Quoting ScalaFX
Most of my longs activated 2720, 2715, 2710, 2705, 2700, 2695, last 2690, 2685, maybe laterz price can now correct some I will be happy with 2730-40
Lol.
Congratulations ScalaFX for coming out of the closet!
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