Cable Update (GBPUSD)

Quoting elbert3

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http://www.forexfactory.com/showthre...47#post8510147 posted in Mr S, just my opinion if interested

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Quoting dean1star

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{quote} Elbert another great thread, especially if your a harmonics trader. But lets not forgot even in harmonics nothing is certain or far from certain, its just a copy of an old system with modifications, nothing new even Scott would agree having written 2 books on the subject matter. {image}

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Quoting elbert3

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{quote} Morning , Mr S has wrote books, ? well well , i dont understand them and i have never looked into or read about them, to much over analysis on ones chart can be a bad thing that is why i just keep to what i have on my charts, i know they can get busy at times but it works for me, i do have losers , some big ones .lol still take chances , but when you get it right it makes up for it.there are moves and forms cable takes on that do work and i think over time trading a pair you get a feel for the move, if that makes sense . Regards E

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Quoting dean1star

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{quote} It does make sense - my personal take is similar having spent the time in front of the computer - find its a combination of trading what you see and feel and not what you think. I hold a PPL have done for a few years and would much prefer to feel the machine in motion similar to FX you can feel the moves, but that might also be due to computer programs running though all the markets. Sense there is some further down move left in this trend. Waiting patiently. D1

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Quoting chester123

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Hi guys, just wanna point out this funny thing for you: the right structure looks unbelievably same as a smaller mirror image of left structure. And if its supposed to keep reflecting this again it shall continue as suggested on the chart... however, I ve never seen anything like this - of course there are the equalities, which some traders use - but this looks different than that. Anyways, Im not suggesting anything, just found it interesting {image}

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Quoting Darkforce

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A dead meat is a dead meat, hopeless. {image}

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Quoting elbert3

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{quote} mmm lets see ,,

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Quoting edyraper

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who longed any 1.51xx ?

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Quoting Darkforce

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{quote} 1.5173

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Quoting Imintheloo

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I think the price is breaking the 1.5150 resistance for the drop to 1.4900-1.4850 at the moment. Every time the r zone is approached we get a new low, the bounce is lower and all the buy orders are getting exhausted. My view is that the market is correcting the move 1.4560-1.5920 before finally going to 1.61xx

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Quoting shivam332

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If it holds current level the price is expected to hit 1.5450-1.5500. If the level is broken the pair will slip to 1.4950-1.4800. Goodluck all... {image}

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