Cable: Intraday players buying aggressively on 1.54300

GBPUSD H4 Cable now looks to have carved out a solid base on the 50 Fib level at 1.51900 with the market taking out the AB=CD (Purple) and 50 Fib at 1.54700/900 (see below). GBPUSD …
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Cable: Bears lining up to sell at 1.54700/900

GBPUSD H4 Cable has attracted a number of buyers for the second time today on the 50 Fibonacci level at 1.51880, taking out a number of stops above the 1.54400 high. GBPUSD H1 Bear …
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Smart money selling into 0.77600 ahead of Aussie data

AUDUSD H4 After taking out the major 1:1 (Yellow) and 50 Fib (Purple) the Aussie has continued to slid with the bears now pushing for large stops that are likely sitting just below …
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Day traders closely eying 1.56400 support

GBPUSD Daily Cable continues to push higher with the 50 Fib at 1.58780 now only 68 pips away, this level is likely to be tested in the coming days with little to no resistance betw …
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You Get What You Want From the Market by Sam Eder

“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing” – Ed Seykota Do you know what you want out of the mark …
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Make Your Weakness Your Strength by Sam Eder

Do you have market conditions that you just hate? Maybe the trend is your friend, but your trading gets all in a knot during range bound markets. But what if you could transform th …
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The changing face of the FX marketplace

New official rules will come into place on January 1st which will basically spell the end of all prop trading at the major banks, which in most cases had already stopped anyway. Ba …
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How I Plan My Forex Trading on the Weekend by Sam Eder

My girlfriend always laughs at me, but I like to look at charts for relaxation. Much of my trade planning actually comes from chilling on the couch on the weekend looking at charts …
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Trading what’s In-front of You with Market Type Transitions by Sam Eder

Like the sea turns from calm to stormy so do markets. As a trader, like the captain of a sailing ship, you want to notice these changes to adapt your strategy as appropriate. In th …
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What to do When the Price Gets Close to Your Profit Target and Does Not Hit It by Sam Eder

Have you ever been in a trade that has gone to within a few pips of your profit target and then reversed all the way back down and hit your stop loss? Not a pleasant experience at …
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