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Cable Update - Continued 61 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Aussi
{quote} my mind does wander at times Pat
Don't worry ,in 15 years , I get old and will get one too.
Just wanna be like Leonardo DiCaprio, but we got to have a thick wallet to do the same.

Just take from the market and save it for "golden age"
I come from the future.
Quoting Pat Chiko
GU Trade Ideas Any comment welcome. Englis good or bad , no issue, just write, we can story here. If you cannot "brain" this, just ask question Let hear from each other.... wrong or write (typo) right, nenver mind we learn together. Thank you{image}
If it plays out, It will be a good setup. Am looking at it as well.
MY STRATEGY HAS 95% WIN RATE
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Quoting Nnaa
I hope all this news would get this market moving today because this range is getting tiring {image}
Retail sales is tomorrow.
Today we have US CPI
Not afraid to be wrong, ik what am goin to lose!
Quoting Fardeen1209
{quote} Retail sales is tomorrow. Today we have US CPI
Yes
MY STRATEGY HAS 95% WIN RATE
When there is time, can someone explain what is an 'option' please? "FX option expiries for 13 October 10am New York cut" I see this kind of news all the time but I don't understand what they mean. No need to reply now as Uncle Frank is active, but at sometime that is good for you. Thank you
I am neither brave nor stupid...I am just a part time trader
Quoting Pat Chiko
GU Trade Ideas Any comment welcome. Englis good or bad , no issue, just write, we can story here. If you cannot "brain" this, just ask question Let hear from each other.... wrong or write (typo) right, nenver mind we learn together. Thank you{image}
"Today I will be mainly buying and selling ad hoc"...
Soon To Be Temporarily Suspended Again
Quoting Pat Chiko
{quote} There were famous saying goes like : "Irish Ranger can weather Ranges."
And Malay sniper can change the world with a bullet in the right place.
WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
I was hoping that Moty's cross of the 50 sma and 200 ema with the candles moving down would start us down but it has failed a couple of times already.
Quoting Waveskierrob
{quote} "Today I will be mainly buying and selling ad hoc"...
More or less the same view like mine
WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
What does a neckline say to price movement?

Come on Come on Kiss ME
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WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
t 08-00
Cable. 07-45 candle/bar. low broke for a short then close ..+1 % yaaaaaaaaaaaay.
hopefully trade the same when this 08-00 to 08-15 min bar closes.
trdae well all.
t 08-01
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting WizardTrade
{quote} More or less the same view like mine
Well that's what the market does, every minute of every day, FACT, just go with it, unlike horse racing, one arm bandits, cards etc, the market never ends such a powerful tool if used correctly ....something to think about
Soon To Be Temporarily Suspended Again
I believe GBP/USD Would go down to that level.
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MY STRATEGY HAS 95% WIN RATE
Quoting MapleLeaf
US Dollar Inflation is expected to be above 8,1%. They will release this data in a few hours, that's why markets are falling like crazy since yesterday. In the private finance and investing forum they already released the exact number 2 days ago, so no news here.
Hello MapleLeaf.
should've quote the source, if not it's just hearsay.

BTW, the figure you've mentioned above is not official.
It is median consensus estimated by group of banks ahead of CPI.
Most traders took those number as "leaked" ahead of official data release

Honestly, from my Newbie perspective,those estimates sure all seem to be too low.
At this stage haven't banks realised they're constantly underestimating?

The best estimate so far I've seen is Cleveland Fed, which has underestimated by a few tenths, but has been pretty close each time.
You should give it a try looking at their figure.

Just some note on Micro :
Fed needs a reason to push interest rates by 75 basis points.
CPI will come higher to give that reason. Don't fight the Fed.

Here the consensus and Median Consensus figures.
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I come from the future.
Daily Bar Pivot Analysis:

Pivot = 1.10510.
Day Bias = Moderately Bullish.

Long GBPUSD : 1.10635
Stoploss: 1.10312
Take profit :1.12616
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Goddess of Thunder..
Quoting Waveskierrob
{quote} Well that's what the market does, every minute of every day, FACT, just go with it, unlike horse racing, one arm bandits, cards etc, the market never ends such a powerful tool if used correctly ....something to think about
You are the Master Keep minting, lest the others come to know
WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
Quoting Fardeen1209
Nov 11 gonna be wild, with the amount of economic scheduled to be released that day.

This is night mare for swing traders............now, they will slowly transform to scalper (downgrade)
I come from the future.
Quoting Nnaa
{quote} If it plays out, It will be a good setup. Am looking at it as well.
Thank You

But I need you view on the set up., alternatives or even oppose it.
I'm an open book person, like to discuss Pro/Con, TA or Micro.

Appreciate you comment

PAT
I come from the future.
Quoting Pat Chiko
{quote} Hello MapleLeaf. should've quote the source, if not it's just hearsay. BTW, the figure you've mentioned above is not official. It is median consensus estimated by group of banks ahead of CPI. Most traders took those number as "leaked" ahead of official data release Honestly, from my Newbie perspective,those estimates sure all seem to be too low. At this stage haven't banks realised they're constantly underestimating? The best estimate so far I've seen is Cleveland Fed, which has underestimated by a few tenths, but has been pretty close each...
Thats your live median forecast estimate.
Saw your watermark on the bar chart.
How you do that bro, nothing escape you
I tried to fill a google sheet with these forecast manually, and its way too painful
Not afraid to be wrong, ik what am goin to lose!
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