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Cable Update (GBPUSD)

  • #840,241
  • Oct 1, 2024 11:18pm Oct 1, 2024 11:18pm
Quoting Moty
{image}
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yes yes yes
  • #840,242
  • Oct 1, 2024 11:26pm Oct 1, 2024 11:26pm
Quoting DubaiFX
{quote} could be if it did i suggest you BUY very very careful it could easily visit 1.10 also just saying at tis point USD Index is holding above 100 mark and that could means if it got hold for a day or 2 then 102 is not far that will drag Both pound and Euro Down, Good luck
what about xauusd? will it reverse?
  • #840,244
  • Oct 1, 2024 11:35pm Oct 1, 2024 11:35pm
Quoting Ziemowit
will see if that be so easy {image}
it went even easier , did manage to get in,
now best scenario would be dump before the pump
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  • #840,245
  • Oct 1, 2024 11:41pm Oct 1, 2024 11:41pm
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  • #840,246
  • Oct 1, 2024 11:43pm Oct 1, 2024 11:43pm
Quoting Zebi
Hidden
You must google it: "how to read a forex chart 101"
  • #840,247
  • Oct 1, 2024 11:45pm Oct 1, 2024 11:45pm
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yes yes yes
  • #840,248
  • Oct 1, 2024 11:56pm Oct 1, 2024 11:56pm
Quoting Konichiwhaat
{quote} Waiting for large pullbacks (3350-3320 ish) to add more {image}
I believe it is too soon, but I will try to add a short here
Emotional Control. Process, not outcome.
  • #840,249
  • Oct 1, 2024 11:58pm Oct 1, 2024 11:58pm
Quoting Whale
{quote} You must google it: "how to read a forex chart 101"
Don't waste energy on this antisemitic troll Whale.
He craves attention.
Put him on ignore like everyone else has.
in wondering about yourself, you forgot what you came here to be part of
  • #840,252
  • Oct 2, 2024 12:39am Oct 2, 2024 12:39am
Look like 4h missed the momentum to attack back.
Waiting time until15m/30m will be bullish again to come back and long.
  • #840,253
  • Oct 2, 2024 1:01am Oct 2, 2024 1:01am
Buddies and Friends,

From my own perspective, the 4 hour trend is down but price is operating at Demand Zone. The question of whether next support at 1.3230 will be touched before price bounce to the upside or bounce up will occur from here 1.3260/70 is difficult to answer.

However, as a medium term Swing trader, I prefer to wait for a bounce up to around 1.3358 before looking for an opportunity to go Short.

Have a blessed pipping day.
Market Structure is the King.....
  • #840,254
  • Oct 2, 2024 1:01am Oct 2, 2024 1:01am
Quoting Konichiwhaat
{quote} did you cut your longs safely?
had to bro… took a hit but only half of last weeks takings. So all ok. Now it’s a sell for 132-13230 before potentially going long again depending on factors such as volume support levels etc
Insane in the Brain..
  • #840,255
  • Oct 2, 2024 1:04am Oct 2, 2024 1:04am
hahah
the debate in a nutshell
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in wondering about yourself, you forgot what you came here to be part of
  • #840,256
  • Oct 2, 2024 1:15am Oct 2, 2024 1:15am
Quoting Nordling
Humankind is fighting for thousands of years, yet they still haven't learned that there's no winner in wars. You lose economy, manpower, sources, prosperity. It's just a question of who lost less and who lost more, but they all lose. I guess us humans are not that smart since we couldn't manage to understand that simple lesson in millennias. Warmongering, battlecrying won't add any value to this thread nor to any other place. It's better to not fight over stupid sh*t like religions and skin colors. Wishing you all green pips peace...

Can't remember who crunched the numbers but in 7000 years there has been 248 years with no war. Seems to be the default setting of the human race sadly
Don't Leave Money on the Table
  • #840,257
  • Oct 2, 2024 1:16am Oct 2, 2024 1:16am
Quoting BeeTogether
{quote} had to bro… took a hit but only half of last weeks takings. So all ok. Now it’s a sell for 132-13230 before potentially going long again depending on factors such as volume support levels etc
I also took a hot though minor effect...

It's more important to avoid those errors as much as possible though temptation and impatient come into play most times. There was no single foot print to take any buy position yesterday.

We have to follow there steps and not them following us.

Buddy, see your inbox for a way forward.....
Market Structure is the King.....
  • #840,258
  • Oct 2, 2024 1:27am Oct 2, 2024 1:27am
Quoting BeeTogether
{quote} had to bro… took a hit but only half of last weeks takings. So all ok. Now it’s a sell for 132-13230 before potentially going long again depending on factors such as volume support levels etc
Brilliant. And that's the game, take a little, give a little... as long as you take more than you give, per day, month, year, what ever works... that's the winning formula. Loosing is all part of the bigger winning... happy days
Emotional Control. Process, not outcome.
  • #840,260
  • Oct 2, 2024 1:37am Oct 2, 2024 1:37am
Shorts should be scalp only.
I think this booby should rise and rise for around 500 pips more before year ends

2022 high is the target
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