Cable Update (GBPUSD)

Quoting sakimer

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USDJPY: I was wondering whether to settle my short position at the support point A, but I left it as it was unlikely that the high would be updated. It has fallen as planned, but I will protect my position and see what happens when the Kijun Conversion Line crosses, and whether the red resistance line leaves and a new support line is formed. {image}

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Quoting Tshepside

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{quote} mate go to new cable thread and other pairs and post on there I'm also trading USDJPY on there. You'll get blocked this is a GBPusd thread only

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Quoting Mitiblotch

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{quote} People post everything here.

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Quoting jordanvic

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Ah shiiit we got a rally at the open.

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Quoting sakimer

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USDJPY: I was wondering whether to settle my short position at the support point A, but I left it as it was unlikely that the high would be updated. It has fallen as planned, but I will protect my position and see what happens when the Kijun Conversion Line crosses, and whether the red resistance line leaves and a new support line is formed. {image}

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Quoting Tshepside

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{quote} USDJPY seems to be holding support around 144.600

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Quoting sakimer

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USDJPY: I was wondering whether to settle my short position at the support point A, but I left it as it was unlikely that the high would be updated. It has fallen as planned, but I will protect my position and see what happens when the Kijun Conversion Line crosses, and whether the red resistance line leaves and a new support line is formed. {image}

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Quoting Fardeen1209

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{quote} I expect UJ to 152, before next BOJ meeting,Ueda to deliver bomb on the market. Wage, price data in Japan screaming next hike, but market as usual are all wrong about BOJ path so far. Thats why we saw huge spike on BOJ meeting, repricing take place. {image} I once posted about UJ its relation to 0.78 and Gold relation to 0.5 fib. They just worked if you know which swing to place the Fibonacci.

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Quoting carbonmimeti

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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}[/quot sorry but Ii read

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Quoting Thtpro

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{quote} Hi - Not quite sure what you're trying to point out? The line chart happens sue to the software, once you go back so much price data it converts to a line - It ONLY shows CLOSES I'm NOT showing you PRICES, I'm showing you TIME The ONLY item you need on that chart is the TIME SEQUENCE, no pric3e, no trend lines just TIME

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Quoting Pat Chiko

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We’re heading towards a scenario I call "dragflation," where the economy slows down, but inflation keeps rising.

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Quoting Bones

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I still say use the weekly for bias,

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Quoting ScalaFX

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{quote} use your brain for bias

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Quoting Tshepside

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{quote} but most are trading GU I don't see nobody posting uj besides sakimer Okay I'm finna post my uj analysis on here too

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Quoting Mitiblotch

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{quote} Maybe you have something against him because if you look up you can see popular people posting UJ, gold, GJ, US 500, everything. Even just one page backwards you can see all this. If you don't like a post kindly ignore. I don't know why you want to get worked up over something you can ignore.

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Quoting Bones

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I still say use the weekly for bias,

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Quoting Whale

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{quote} weekly is the only one that showing sell

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