Think 1.3760 is more likely out of the two, don't think it can reach 1.3940 today. Maximum upside is 1.39 IMO.

Cable Update (GBPUSD)

To be fair this is fairly close to my strategy and typically what I look for. (1 good 50-60 pip trade on the 15m).

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Let's get that S2!

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It came home in 66', yes, we still talk about it Agreed was a dive by sterling but should have been a pen on Kane anyway so it all evens out. Besides every player dives if they see the opportunity for a foul.

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It's coming home!

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Moty you have pivots on yet you bought at R2 and sold at pivot? Whats the point in having pivot levels on if you are not going to use them?

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I'd like to see a pullback to monthly pivot and strong support turned resistance level of 1.4080 before continuing drop. Currently sitting at Weekly S3/Monthly S1/Daily S1, its possible the pullback will start here but will wait for confirmation.

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I have considered doing somethign like this in the past, make sure to post how it goes.

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Has your hammer become a pick-axe?

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I'm now short with stop above the days high. If I'm stopped out done trading for the day

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Sold at 1.4184 with SL just above DR2 ~1.42. Wont switch my bias to bull until we have a HL above the 15m 200MA. Edit: SL to BE, leaving charts for the day GL all.

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put pivot points on your chart, you went long as it approached the daily pivot level, typically not a good idea

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Cheers mate, appreciate that, my course has had a focus on business this year so I have forgotten much of the economics that I previously learnt.. I'm going to start tracking in a similar way to you, not normally one ot consider the fundamentals but ...

Cable Update (GBPUSD)

See if we can reach S1 this time...

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Was tempted to short this drop but want to see a close below daily pivot before I enter.

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Hello Nordling, Really intrigued by your table but had a few questions. I assume the values are changes in inflation/GDP/interest rate hence the 0 value for a lot of them? Also you say increasing inflation is bad for the currency but from my ...

Cable Update (GBPUSD)

Look's like a bear flag in the making, ready for another drop imo. Wanting to see DS2 today 14078.

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Managed to get a short at 14160, crazy drop!

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Based on historical data my plan for BTC is to wait for everything to die down for the next couple of years then start to build a healthy position for the next bull run. Looking to buy at the 10k level.

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Woke up a bit late today and missed that perfect long off the pivot...

Cable Update (GBPUSD)