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Cable Update (GBPUSD)

  • #853,821
  • Feb 12, 2025 4:39pm Feb 12, 2025 4:39pm
Quoting ScalaFX
{quote} 2465 protected
Nice job. I closed mine at 1.2406, and my $Y trades at 154.75. I'm flat until PPI tomorrow. Trade safe.
  • #853,822
  • Feb 12, 2025 6:14pm Feb 12, 2025 6:14pm
I'm short GU, M15 chart, targeting S1.

Good Luck
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  • #853,823
  • Feb 12, 2025 6:51pm Feb 12, 2025 6:51pm
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yes yes yes
  • #853,824
  • Feb 12, 2025 7:36pm Feb 12, 2025 7:36pm
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Still following my Directional map.

GU long doing good.
Market Structure is the King.....
  • #853,825
  • Feb 12, 2025 7:39pm Feb 12, 2025 7:39pm
Quoting ThaoAnh
{quote} {image}
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  • #853,826
  • Edited 8:29pm Feb 12, 2025 8:01pm | Edited 8:29pm
Quoting RoelsMajor
Go North, Eorlingas! Move fast and smoothly within 7 hours. Lol
Take some profit, might look for another entry after London Open, as it seems there will be a slight pullback until London Open. Cheers.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #853,827
  • Feb 12, 2025 10:19pm Feb 12, 2025 10:19pm
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5' --- Long as shown... Moved SL to 24 90 NOW.

  • #853,828
  • Feb 12, 2025 10:21pm Feb 12, 2025 10:21pm
Quoting ScalaFX
{quote} 2910-20 and sell
in shorts 2918
People don't plan to lose. They lose because they don't plan.
  • #853,829
  • Feb 12, 2025 10:22pm Feb 12, 2025 10:22pm
Quoting ScalaFX
{quote} 2465 protected
sneaky GU, shorts 2490
People don't plan to lose. They lose because they don't plan.
  • #853,830
  • Feb 12, 2025 11:05pm Feb 12, 2025 11:05pm
SL hit at 24 90.....and then immediately BP exploded UP.................

  • #853,831
  • Edited Feb 13, 2025 12:49am Feb 12, 2025 11:27pm | Edited Feb 13, 2025 12:49am
Too crazy to play smooth , reversal attempt at it peak , no success yet though! Watching 2487 if signal for correction !
Breaks 2487 , next sr goes to 2470/60 and confirm a top failure again at 2435 if !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #853,832
  • Feb 12, 2025 11:34pm Feb 12, 2025 11:34pm
Quoting Mitiblotch
Short 2390. TP 2300.
SL hit at 2490. I must say, however, that at 2463 I bought x2 with TP at 2490. Just used it to mitigate the loss of the short.

I'm in a new long at 2511 targeting 2550.
  • #853,833
  • Feb 12, 2025 11:35pm Feb 12, 2025 11:35pm
Currently, GBP/USD is showing stability around 1.2450, which is a key technical level. On the 4-hour chart, the price is holding above an upward trendline and both the 200-period and 100-period simple moving averages (SMAs), indicating a bullish trend.
Additionally, the Relative Strength Index (RSI) is above 50, suggesting strong buying pressure. This setup supports the continuation of the bullish trend. However, traders should stay cautious and monitor for potential reversals, especially if the price enters overbought conditions.
For further confirmation, it's essential to watch other technical indicators and fundamental factors that may influence the market.
  • #853,834
  • Feb 12, 2025 11:51pm Feb 12, 2025 11:51pm
Quoting Mitiblotch
{quote} SL hit at 2490. I must say, however, that at 2463 I bought x2 with TP at 2490. Just used it to mitigate the loss of the short. I'm in a new long at 2511 targeting 2550.
It's been 3 days of buying I guess, i see 1.2511 as buying at the top considering price has barely sold this week and also this month. Fundamentals also support USD not cutting rate and a powerful CPI... Its only a matter of time before Pound will collapse again. Just my opinion though.
Data + Stat + Risk/Emotions Management
  • #853,835
  • Edited Feb 13, 2025 2:21am Feb 12, 2025 11:59pm | Edited Feb 13, 2025 2:21am
Quoting W0lfram
{quote} Interesting what was that, liquidation or aggressive build up 800 at single point {image}
Not a liquidation...
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Air force
  • #853,836
  • Feb 13, 2025 12:01am Feb 13, 2025 12:01am
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yes yes yes
  • #853,837
  • Feb 13, 2025 12:06am Feb 13, 2025 12:06am
all longs are out
i am short gu and gj
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yes yes yes
  • #853,838
  • Feb 13, 2025 12:10am Feb 13, 2025 12:10am
Quoting Georginson
{quote} It's been 3 days of buying I guess, i see 1.2511 as buying at the top considering price has barely sold this week and also this month. Fundamentals also support USD not cutting rate and a powerful CPI... Its only a matter of time before Pound will collapse again. Just my opinion though.
I see 2525 - 2550 as an area to be hit. After that we can talk about a dump. Today's pivot is 2435 price is above. Monthly pivot 2366 and price is above. Until we get a daily close below 2366 shorts are scalps. This is a fact and not conjecture.
  • #853,839
  • Feb 13, 2025 12:15am Feb 13, 2025 12:15am
Quoting ScalaFX
{quote} in shorts 2918
partials
People don't plan to lose. They lose because they don't plan.
  • #853,840
  • Feb 13, 2025 12:23am Feb 13, 2025 12:23am
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yes yes yes
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