Cable Update (GBPUSD)

Quoting GlobalMacro

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{quote} State your ENTRY LIMIT BEFORE market gets there and only then I believe you. Doesn't matter if you win or lose btw. Can you do this simple thing: buy/sell limit : 1.6.... --> BEFORE MARKET GETS TO THIS LEVEL! sl: 1.6...... Can you?

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Quoting JimmyC

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{quote} I think you'll find that because the trend is up - sideways, it allows bears to trade as well as bulls... but that this is a bullish pair there can be little doubt. I also think though that if a trader called pawpaw1000 see's an opportunity to long cable and another trader called JimmyC see's the long and also notes that there is a short opportunity that there is nothing wrong in earning on the long side and taking the valid short to maximise some profit during the zig - zag up Just my two cents, I agree with you though there do seem...

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Quoting pawpaw1000

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{quote} Not while on M1 as I'll have many pending orders that I delete as things can change within a second while on M1 Doesn't matter, not important... Just wanted to tell you that I wasn't lying and this is really how I trade and some others I know who trade for a living. Thanks mate ,-) BTW, I did post a loser this morning for -4pips which was up 10 pips but I wasn't here to move sl and since it was LO, I was expecting to retest my entry

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Quoting Kajos2250

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{quote} If i traded this signal i would do it like this way: {image} This signal just made me stronger to hold my longs! Sorry for my poor english

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Quoting JimmyC

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{quote} I think you'll find that because the trend is up - sideways, it allows bears to trade as well as bulls... but that this is a bullish pair there can be little doubt. I also think though that if a trader called pawpaw1000 see's an opportunity to long cable and another trader called JimmyC see's the long and also notes that there is a short opportunity that there is nothing wrong in earning on the long side and taking the valid short to maximise some profit during the zig - zag up Just my two cents, I agree with you though there do seem...

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Quoting GlobalMacro

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{quote} Kajos, looks like neckline's playing hard ball...

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Quoting Kajos2250

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{quote} Anything is possible. Good RR increases your balance

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Quoting acidguy

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with eu attempting to reverse to the upside, look like well visit 1.6500 again, long term tren i think will be down and were close to the top, but where it is...

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Quoting Rtm

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{quote} 1.65 ?! We are having trouble at 64 little own 65 !

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Quoting acidguy

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{quote} i see it as an opportunity, will put another short close to 1.65 if it happens, there is not yet bad data from uk and euro is trying to go higher again, look at the charts to how this has played in the last months, look like is consolidating for another attempt up, tomorrow with tons of data will say everything.

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Quoting Baggi

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I think the numbers aren't going to be so good for NFP tomorrow. 199 is a pretty high number. That being said, GBPUSD seems to gain strength on the strength of the US Stock market. If the numbers aren't too good tomorrow, the market will go down. If the market goes down, GBPUSD will go down, which is just the opposite you'd expect from bad numbers. Fundamentals are confusing.

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Quoting taomql4

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And Now , we go for the 4th - I don't know , but very good chance the SOB will drop it again .. will be ready to short , soon as I get the signal in the Supply Box .. http://www.youtube.com/watch?v=CbzGKAao4PU {image} {image}

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