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Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Cable Update - Continued 105 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

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

New Position

Short GBPUSD:1.26908
S/L:1.27153
T/P (max):1.24024

Bella's Resistance : 1.27108

Bella's GMT Switch v1.5
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Goddess of Thunder..
my long on small account still run.. lol
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Its not entirely impossible for FED to raise rates this evening - I mean its unlikely as far as market is concerned, and I haven't crunched the statistics - but its worth keeping in mind. The best trades are against the herd after all.
Hmmm... I cannot understand that buying behaviour. From trading perspective you dig yourself only more and more a hole. I'm not fine currenty with my positions but I start to handle it and if that GBP/USD drives down only a bit I can make party. The problem for ordinary people and more billionaires is you have to sell this stuff also again. Have fun with that investment method from today lol

- I just wonder if at Goldman Sachs the boss comes in and say: "How is it going today?" Junior boss: " Well, we are in a paper profit on GBP/USD for example of 20 billion dollars!" Boss says: "What?? How?" Junior Boss shows: " Well, we just bought all the day and now we are invested on an average of 1.2670 of about 1000 billion dollars. - Oh wait, holy sh*t..." Boss: "Wtf... "
We think of market makers and smart money concepts forgetting that they can also behave like 'dumb money'
Watching & Learning
next breakout / early confirmation level 2678! for target limit 2640 and breakout level 2642/37
Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting Orangeapple
Its not entirely impossible for FED to raise rates this evening - I mean its unlikely as far as market is concerned, and I haven't crunched the statistics - but its worth keeping in mind. The best trades are against the herd after all.
The detail that people constantly forget is that FED can raise, keep the same or drop rates and the market will react, not necessarily in the way that people expect to the news!
The FED is most likely going to keep rates the same in my opinion. How will the market react? No idea!
hello everyone, it has been a while since i last discussed something with you guys,
I was hoodwinked after i found that my reddish yellow diamond on my profile was taken away from me,
Oops i guess i don't know how FF factory works anyway who cares

What matters now is that i wanna share my little sweet guess about today movement that i highly anticipate to see on cable tonight,

1. If Fed hikes it's interest rate , which of course is exactly what they are going to do ,with some high percentage of accuracy expect to see this kind of movement
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2. Some traders will come with their words just to show how juvenile my post really is, hey it will be a surprise just like any other surprise you never expected, and that's the beauty of it guess what am little bit tangled, folks i live the future what else do you expect

If it's amenable we trade it, have a wonderful evening everyone
Tony.T
I live in the future
  • #751,689
  • Quote
  • Edited 11:49am Jun 14, 2023 11:25am | Edited 11:49am
Quoting stevepatt
{quote} Hi Scottey, Price is Stalling no Higher Highs being made 1.26000 Might Hold Price but I wouldn't rely on it {image}
GBP/USD M15 M1 Observations

Typically I'm at work when the Best Setups Occur

But there is no point in me Entering a Trade for the sake of it

To succeed Long Term in Trading we all need to follow Strict Rules on Entering Trades what ever they may be.....
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Quoting dantpm
{quote} The detail that people constantly forget is that FED can raise, keep the same or drop rates and the market will react, not necessarily in the way that people expect to the news! The FED is most likely going to keep rates the same in my opinion. How will the market react? No idea!
This is why each trade is always 50-50
More time in the market, does not mean you trade better!
Quoting ForexGoose
{quote} if you date a stripper, your bank account and credit cards will be blown fast
Personal account..trading is too dangerous.

The retail traders seldom set stop loss.

For people like me... even if i do not protect, the firms protect the account, they set strict risk management, That is the advantage of trading with firms.
Intraday only.
10 hours ago most retailers on Platform were shorting guru including me at levels 2630 2657 2660 but guru just kept on going .I quess most of as got our buds kicked today or hanging onto our ..,waiting fed to save
average dude treading water
Quoting dantpm
{quote} The detail that people constantly forget is that FED can raise, keep the same or drop rates and the market will react, not necessarily in the way that people expect to the news! The FED is most likely going to keep rates the same in my opinion. How will the market react? No idea!
Very true. I find it interesting that both BOC & RBA went against forecasts recently and raised rates - its known that CB's co-ordinate policy (I forget that meeting they all attend but it has a name). Just an interesting thought, IF they did raise rates; well FX markets would re-price pretty strongly.

Just the contrarian in me, the stats do show that forecasts are right 94% of the time so yeah we'll see.
Sell for 16 pips
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Quoting Orangeapple
{quote} Very true. I find it interesting that both BOC & RBA went against forecasts recently and raised rates - its known that CB's co-ordinate policy (I forget that meeting they all attend but it has a name). Just an interesting thought, IF they did raise rates; well FX markets would re-price pretty strongly. Just the contrarian in me, the stats do show that forecasts are right 94% of the time so yeah we'll see.
Both of the central banks that you cite are trailing the FED rate. The pressure is on the FED to not raise rates and the falling US$ should help them in that regard. I still believe that no change is more probable right now but that doesn't tell us how the market will react in any event.
Quoting navk
{quote} Personal account..trading is too dangerous. The retail traders seldom set stop loss. For people like me... even if i do not protect, the firms protect the account, they set strict risk management, That is the advantage of trading with firms.

Do you have more details on how the firms protect the accounts that you can share?
Quoting TonyTepeli
hello everyone, it has been a while since i last discussed something with you guys, I was hoodwinked after i found that my reddish yellow diamond on my profile was taken away from me, Oops i guess i don't know how FF factory works anyway who cares What matters now is that i wanna share my little sweet guess about today movement that i highly anticipate to see on cable tonight, 1. If Fed hikes it's interest rate , which of course is exactly what they are going to do ,with some high percentage of accuracy expect to see this kind of movement {image}...

The red star will come and go depending on how active you are with your posting.
Quoting TonyTepeli
hello everyone, it has been a while since i last discussed something with you guys, I was hoodwinked after i found that my reddish yellow diamond on my profile was taken away from me, Oops i guess i don't know how FF factory works anyway who cares What matters now is that i wanna share my little sweet guess about today movement that i highly anticipate to see on cable tonight, 1. If Fed hikes it's interest rate , which of course is exactly what they are going to do ,with some high percentage of accuracy expect to see this kind of movement {image}...
Great post...
Quoting Elysion
Hmmm... hmmm... Should I trade off the H1 or m5 chart as a scalper. These two days of GU has gotten me questioning myself.
I swear if I trade other pairs I would be at least in a profitable day scraping off the movements up down.
For eg, UJ. EURAUD. XAUUSD.
Exhausted
Quoting TonyTepeli
hello everyone, it has been a while since i last discussed something with you guys, I was hoodwinked after i found that my reddish yellow diamond on my profile was taken away from me, Oops i guess i don't know how FF factory works anyway who cares What matters now is that i wanna share my little sweet guess about today movement that i highly anticipate to see on cable tonight, 1. If Fed hikes it's interest rate , which of course is exactly what they are going to do ,with some high percentage of accuracy expect to see this kind of movement {image}...
well im expecting/preparing for the same. However you have fierce competition in this thread:
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Equality will be the next big thing in trading
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