Cable Update (GBPUSD)

Quoting dempire1

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{quote} most people SHOULD quits here

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Quoting trumps

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coming up to monthly resistance area around 3260 area. Am thinking a bearish reaction after this straight up run is likely.

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Quoting Headland

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{quote} Hi, yeh as well as y/day's/the wkly hi (also the current mthly and yrly hi) reaching the bottom of the wkly part of a prev wkly/dly/4hr sw hi zone = pot res, that extends up to 3298, it is also in a prev mthly sw lo zone = pot sbr that started @ 3161, and on that t/f extends up to circa 3275. So there could be supply up to 3298? As you say, price exhaustion of this exponential run up from 2665, (if only temporarily,) will almost certainly set-in somewhere, if the past is any guide? Mthly then Wkly below. {image} {image}

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Quoting genadi

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{quote} It is not a problem if he will lose 100 EUR. He will learn something and will have more knowledge and experiance next day.

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Quoting Thtpro

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I posted this on the New Cable thread on Friday Something to be mindful of.......coming soon There has been so far in GBPUSD's history a significant and meaningful DECLINE/Crash/Plunge down into the relevant cycle date There's NO guarantees as too what happens "bounce" wise after the cycle low comes, but you will be able to make money from it to some degree - the more "certain" trades are the ones DOWN into the cycle date {image} As you can see EURUSD is the "twin" and feels the effects too {image}

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Quoting Zebi

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daily dollar close above that red line is bullish and will go above the hire red line by the end of the month I'm like clint eastwood with the handgun...I feel lucky LOL {image}

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Quoting profits7

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{quote} ________ @Zebi , where R you m8 = shot urself ? - - - or on Vacation like Scala = [ all day Long on his frikkin stinkin mobile tryin to make sume $$$ ] Zebi , I'll give you Soon a gu_chart to make sume $$$ = Most Profitable 4sure m8 Still ppl in this Room just postin charts with NO Genuine Live trades on it lol

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Quoting Zebi

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daily dollar close above that red line is bullish and will go above the hire red line by the end of the month I'm like clint eastwood with the handgun...I feel lucky LOL {image}

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Quoting Zebi

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does anyone think the dollar gona fall thru that longterm support? {image}

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Quoting Pat Chiko

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{quote} GU There is no such thing as a perfect trader, nor is there any need to be one. Trading is not a high-stakes poker tournament in Las Vegas where the winner takes all. You don’t need to be the best; you just need to be good enough. Equally important is having sufficient trading capital. Your returns, measured as a percentage, must translate into meaningful dollars to justify your efforts. And you must be willing to put that capital at risk, day in and day out. Just as there are no perfect traders, there are no guarantees against losses. Even...

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Quoting Bones

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big picture is within range or range bound tradable direction over distance is up {image}

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Quoting Zebi

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now that the dems are getting a boost from their convention time to start looking for buy signals does anyone think the dollar gona fall thru that longterm support? {image}

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Quoting Zebi

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i havent been trading or paying much attention to forex since I'm teaching my soon to be wife how to trade and put food on the table when she quits her pharma rep job .... its much easier to trade stocks on earnings and indices but here's a couple charts for your perusal. I noticed GU bulls calling for it to run up towards infinity the GU weekly chart hasn't given my system a buy signal ..as a matter of fact looks like price should retrace back to my black line on weekly the other chart is the monthly and since there's just 5 days...

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Quoting Zebi

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i havent been trading or paying much attention to forex since I'm teaching my soon to be wife how to trade and put food on the table when she quits her pharma rep job .... its much easier to trade stocks on earnings and indices but here's a couple charts for your perusal. I noticed GU bulls calling for it to run up towards infinity the GU weekly chart hasn't given my system a buy signal ..as a matter of fact looks like price should retrace back to my black line on weekly the other chart is the monthly and since there's just 5 days...

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Quoting Zebi

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i havent been trading or paying much attention to forex since I'm teaching my soon to be wife how to trade and put food on the table when she quits her pharma rep job .... its much easier to trade stocks on earnings and indices but here's a couple charts for your perusal. I noticed GU bulls calling for it to run up towards infinity the GU weekly chart hasn't given my system a buy signal ..as a matter of fact looks like price should retrace back to my black line on weekly the other chart is the monthly and since there's just 5 days...

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