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Cable Update (GBPUSD)

  • #829,721
  • Jun 16, 2024 8:57pm Jun 16, 2024 8:57pm
Scalp. Close some and leave 1. I believe we will end the day bullish.
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  • #829,722
  • Jun 16, 2024 9:38pm Jun 16, 2024 9:38pm
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yes yes yes
  • #829,723
  • Jun 16, 2024 10:07pm Jun 16, 2024 10:07pm
SR flip. GU is just ranging.
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  • #829,724
  • Jun 16, 2024 10:36pm Jun 16, 2024 10:36pm
Quoting fxted
SR flip. GU is just ranging. {image}
Booked!
  • #829,725
  • Jun 16, 2024 11:14pm Jun 16, 2024 11:14pm
Quoting navk
my chart with lines {image}
started off well this week.

Just closed all my short trades
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Intraday only.
  • #829,726
  • Edited 11:44pm Jun 16, 2024 11:22pm | Edited 11:44pm
Trying bottom formation in a pure bear mode strong , so may bear continue before bounce success . Watching. Take care
Eurusd similar and to interact limits up as well and if respect early one may strong bear can be possible! So carefully for all ,
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #829,727
  • Jun 16, 2024 11:23pm Jun 16, 2024 11:23pm
Smt?
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  • #829,728
  • Jun 17, 2024 1:28am Jun 17, 2024 1:28am
Gold buy 2320 target 2355
People don't plan to lose. They lose because they don't plan.
  • #829,729
  • Jun 17, 2024 1:29am Jun 17, 2024 1:29am
G/M. Quiet thread so far today? Not much going don't though, early London forex desks cause a 1st downside b/o of Asian lo to a new current dly lo in that prev 1hr/4hr sw lo zone that extends down to Fri's/last week's 2658 lo (4hr part so far.) The pot sbr above current price is so far causing an obstacle to the bulls.

4hr below
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Trader with an Edge.
  • #829,730
  • Jun 17, 2024 1:29am Jun 17, 2024 1:29am
Open buy. Target before OB.
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  • #829,731
  • Jun 17, 2024 1:45am Jun 17, 2024 1:45am
Quoting ScalaFX
Gold buy 2320 target 2355
I'm with you.
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  • #829,732
  • Edited 9:13am Jun 17, 2024 1:46am | Edited 9:13am
Long at 1.2670
SL : 1.2650
TP : Open(Close Manually at 1.2689)
----------------------
add long at 1.2663
Sl :1.2650
Tp : Open(close manually at 1.2686)
------------------------
Status : (23pip,19Pip) , Total : +42pip
Today Win Ratio : 2/2 or 100%
  • #829,733
  • Jun 17, 2024 1:47am Jun 17, 2024 1:47am
Quoting Jackoboms
Bought at 1.26653 TP at: 1.27150 SL open Expecting to TP on Monday or Tuesday.
Still holding
  • #829,734
  • Jun 17, 2024 1:47am Jun 17, 2024 1:47am
...looks like quite a lot of potential res/sbr on 1hr and 4hr in the immediate overhead vicinity for the bulls.

1hr below
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Trader with an Edge.
  • #829,735
  • Jun 17, 2024 2:47am Jun 17, 2024 2:47am
Quoting fontu
Trying bottom formation in a pure bear mode strong , so may bear continue before bounce success . Watching. Take care Eurusd similar and to interact limits up as well and if respect early one may strong bear can be possible! So carefully for all , {image} {image}
Struggling a lot but ok test 2690 play before any bear continue while eurusd may test 0720 signal up , if so then target 0730, gbpusd try test 2737, watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #829,736
  • Jun 17, 2024 2:55am Jun 17, 2024 2:55am
We're back in the"ugly sisters" territory again. Competitors - USD, EUR, GBP. Which one is more attractive and which one is least attractive? Looks like cable gets the potty prize today.

Someone thinks EU is winning the contest today, especially against CHF. (61.8 fib retrace, bouncing like a ball off that number)
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  • #829,737
  • Edited 3:52am Jun 17, 2024 3:02am | Edited 3:52am
For Europe traders, EU is not stuffed, despite Macron (already priced in?). Some cheering up herewith


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  • #829,738
  • Jun 17, 2024 3:07am Jun 17, 2024 3:07am
Quoting fxted
Open buy. Target before OB. {image}
Closed. Candle formation not looking good.
  • #829,739
  • Jun 17, 2024 3:10am Jun 17, 2024 3:10am
Quoting fxted
{quote} I'm with you. {image}
Closed. Might go lower. 2310.
  • #829,740
  • Jun 17, 2024 3:20am Jun 17, 2024 3:20am
Indices contract rollovers Friday close. Lots of distance to go closing those US chart gaps. We shall see what the US traders do with it all soon enough.
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