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Cable Update (GBPUSD)

Hi guys, if long from 15390 what is my potential tp and sl, its not a strategy trade, a hopeful trade to save my account
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Maybe some PULL back to resistances
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If GBPUSD does find support from the 1.5370 level on closing basis, think it does have a shot to challenge the 1.5800 and possible 1.6100. However, I would like to watch or take partial profits at the 1.5580 level. Getting up and above this sets up a potential to retest 1.5800.

Quoting Verve
Hi guys, if long from 15390 what is my potential tp and sl, its not a strategy trade, a hopeful trade to save my account {image}
Quoting Dano12
Maybe some PULL back to resistances {image}
Hi Dano, which way is the resistance, i see your lower block, could it pull up to upper resistance, and which do you prefer, thanks
Quoting Verve
{quote} Hi Dano, which way is the resistance, i see your lower block, could it pull up to upper resistance, and which do you prefer, thanks
546 547

but still not finished xa = bc
Quoting Dano12
{quote} 546 547 but still not finished xa = bc
thank you, will hold for 546
not sure / cant make out 'bc'
Quoting Verve
{quote} thank you, will hold for 546 not sure / cant make out 'bc'
Take care, Durable goods news will make the day most likely, coming in 50 minutes
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mmmmm???? doubts set in
Quoting Verve
{quote} thank you, will hold for 546 not sure / cant make out 'bc'
XA=BC = 38fib the entire increase, if it will be elongated wave 3orC are looking at 1,161 1,75 fib
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Quoting Verve
Hi guys, if long from 15390 what is my potential tp and sl, its not a strategy trade, a hopeful trade to save my account {image}
Well an up today would not be either logical or natural - if its to trade your account then realy you would have to look to tomorrow even if the news spikes northwards only a buy to confirm would appear with a pullback on the higher timeframe .. of course.
Quoting Dano12
{quote} XA=BC = 38fib the entire increase, if it will be elongated wave 3orC are looking at 1,161 1,75 fib {image}
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tl up and down,, possible depending on news now
First sell closed on 300 PIPS.
Second Sell still running as no BUY confirmed.
Quoting elbert3
{quote} {image} tl up and down,, possible depending on news now
Quoting Dano12
{quote}
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careful
Quoting elbert3
{quote} {image} careful
Now pump and cutting HFT algos - Playing on data
Quoting elbert3
{quote} {image} careful
5390 and below are quite congested, I am still looking for long from here.
Quick question. Why isn't the data pushing this lower? Is it due to GDP figures coming out soon?
fibo time
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Quoting Afterburner
Quick question. Why isn't the data pushing this lower? Is it due to GDP figures coming out soon?
ALready Factored in did mention this a few hours ago well before the news - it could and was only going one way. Knowing Order flow systems or systematic trading proceedures is a bonus these days. Most people fall for the algo systems being the shake rattle and roll not that they would know much about algo and cyclic rythmn but order flow that is the real secret to these moves.
Quoting Darkforce
{quote} 5390 and below are quite congested, I am still looking for long from here.
As we say Yes but only after Dark if you understand that meaning. Or in simple terms tomorrow is indeed another day (empahsis on Tomorrow of course)
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