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Cable Update (GBPUSD)

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  • Post #570,421
  • Quote
  • Jan 6, 2021 2:16am Jan 6, 2021 2:16am
  •  trumps
  • Joined Mar 2020 | Status: Member | 1,374 Posts
Quoting Sang.Real
Disliked
{quote} GU Cancel limit order. Price Spike Lee early b4 L.O. {image}
Ignored
I feel a little guilty.
I bought the open of today as per my rules, and added on your retrace point around 1.36.
Pulchra All Time Return: 57.1%
1
  • Post #570,422
  • Quote
  • Jan 6, 2021 2:17am Jan 6, 2021 2:17am
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 11,408 Posts
Quoting Sang.Real
Disliked
{quote} GU Cancel limit order. Price Spike Lee early b4 L.O. {image}
Ignored
ever heard of fakie franky, could use to position for london, maybe
If you are new to Forex? Say Goodbye to your account!!
1
  • Post #570,423
  • Quote
  • Jan 6, 2021 2:19am Jan 6, 2021 2:19am
  •  nessus94
  • Joined Sep 2009 | Status: Giveachance is a loser | 1,749 Posts
Quoting KiwiTrada
Disliked
{quote} yes it is piece of crap, but it is also worlds base currency, so us economy could, should implode but usd will always survive, because if base currency goes it would be gfc in capitals,
Ignored
It will survive
but usd to 70s is possible

going to usa will be free to european and british people
but who Want to go to this crap country lol
Make money by doing the opposite of Giveachance aka loser
  • Post #570,424
  • Quote
  • Jan 6, 2021 2:20am Jan 6, 2021 2:20am
  •  Georginson
  • Joined Aug 2018 | Status: Member | 1,595 Posts
Quoting nessus94
Disliked
New low for the usd my toilet paper worth much more than dollar bill iam using them for my poo now american dream my ass lol
Ignored
Dollar will remain the king until China changes the game. Trading is a marathon not a Sprint and king Dollar is the clear favorite over a long distance.
Swing and Intraday
  • Post #570,425
  • Quote
  • Jan 6, 2021 2:23am Jan 6, 2021 2:23am
  •  navk
  • Joined Oct 2010 | Status: Trader | 11,642 Posts
Quoting Moty
Disliked
{image}we need a break of 1.36411 for confirmation{image}
Ignored
my pivot rules worked and working perfectly.

But people confused.

ha..ha..
Intra day only.
1
  • Post #570,426
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  • Jan 6, 2021 2:24am Jan 6, 2021 2:24am
  •  JayBag
  • Joined May 2016 | Status: IconAlive | 5,397 Posts
Quoting Georginson
Disliked
{quote} Dollar will remain the king until China changes the game. Trading is a marathon not a Sprint and king Dollar is the clear favorite over a long distance.
Ignored
Soon, it will be 'USED to be KING'............ I am just waiting for the last horse kick then it's a rap for our long time king.

The Pound is about to reclaim it's throne..
SS
End-Time Investor
1
  • Post #570,427
  • Quote
  • Jan 6, 2021 2:25am Jan 6, 2021 2:25am
  •  Sang.Real
  • Joined Mar 2020 | Status: Newbie | 618 Posts | Online Now
Quoting Sang.Real
Disliked
{quote} GU Cancel limit order. Price Spike Lee early b4 L.O. {image}
Ignored

GU

Missed the long trade.

Now in scalping for short, while waiting for L.O.
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la hawla wala quwwata illa billah
  • Post #570,428
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  • Jan 6, 2021 2:26am Jan 6, 2021 2:26am
  •  harve
  • | Joined Oct 2012 | Status: Fool | 60 Posts | Online Now
Quoting navk
Disliked
{quote} my pivot rules worked and working perfectly. But people confused. ha..ha..
Ignored
waiting 3750 maybe in 2 days
  • Post #570,429
  • Quote
  • Jan 6, 2021 2:28am Jan 6, 2021 2:28am
  •  Sang.Real
  • Joined Mar 2020 | Status: Newbie | 618 Posts | Online Now
Quoting KiwiTrada
Disliked
{quote} ever heard of fakie franky, could use to position for london, maybe
Ignored

Never hear of it.

I'm NewXXX . I will google it later and read abt it.

Thanks

Anyway.... who is fakie frank ? . Is he/she a SCAMMER ?
la hawla wala quwwata illa billah
  • Post #570,430
  • Quote
  • Jan 6, 2021 2:29am Jan 6, 2021 2:29am
  •  Headland
  • Joined Apr 2020 | Status: finished for day | 1,786 Posts | Invisible
...strong run up from the 1hr prev sw hi = prev res=pot rbs, after pullback from 3646. New current dly hi achieved @ 3658 -price pulling back from that now. 1hr below. 67pip range so far today - 48% of 30 day adr. Y/day was 88. 30day average is 130.
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Intraday swing trader via Supp/Res, Pa, & div.
  • Post #570,431
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  • Jan 6, 2021 2:30am Jan 6, 2021 2:30am
  •  WhipKream
  • | Joined Nov 2018 | Status: Member | 416 Posts
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cant help myself. will try some intraday too for fun. much harder though.
maybe try here later, idk, open pushed high. may just scream through the roof.
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  • Post #570,432
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  • Jan 6, 2021 2:31am Jan 6, 2021 2:31am
  •  navk
  • Joined Oct 2010 | Status: Trader | 11,642 Posts
Quoting harve
Disliked
{quote} waiting 3750 maybe in 2 days
Ignored
yes, R3 today probably
Intra day only.
1
  • Post #570,433
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  • Jan 6, 2021 2:31am Jan 6, 2021 2:31am
  •  nessus94
  • Joined Sep 2009 | Status: Giveachance is a loser | 1,749 Posts
Quoting Georginson
Disliked
{quote} Dollar will remain the king until China changes the game. Trading is a marathon not a Sprint and king Dollar is the clear favorite over a long distance.
Ignored
With gbp 1,50 and euro 1,30
usd king?

whevere the usd is , it is the king?

usd has lost so much
it is a shit currency

i Want it to rise and short all in
Make money by doing the opposite of Giveachance aka loser
  • Post #570,434
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  • Jan 6, 2021 2:32am Jan 6, 2021 2:32am
  •  Georginson
  • Joined Aug 2018 | Status: Member | 1,595 Posts
Quoting JayBag
Disliked
{quote} Soon, it will be 'USED to be KING'............ I am just waiting for the last horse kick then it's a rap for our long time king. The Pound is about to reclaim it's throne.. SS
Ignored
Biden is a diplomatic president that will not preach America first. US will regain the trust of their allies gradually and more togetherness will only make US stronger. As for UK, their new journey outside of EU should bring some prosperity in the long run but not without short run pain and adjustments. If any country is to take world power then China has a chance but will you ever trust the Chinese Yuan as a safe haven currency? Covid 19 may bring a new world order but it will take much more than covid 19 to knock US of their perch.

Back to cable dollar duel, some correction is due to 1.30 area before further rise to 1.43 area in the first half of 2021, delaying of this correction will not necessarily mean denial.
Swing and Intraday
3
  • Post #570,435
  • Quote
  • Jan 6, 2021 2:39am Jan 6, 2021 2:39am
  •  Lastaccount
  • | Joined Jul 2020 | Status: Member | 140 Posts
I don't think the UK will let the pound continue to strengthen, especially after Brexit. Why?

sold 1.3650
  • Post #570,436
  • Quote
  • Jan 6, 2021 2:39am Jan 6, 2021 2:39am
  •  Georginson
  • Joined Aug 2018 | Status: Member | 1,595 Posts
Quoting nessus94
Disliked
{quote} With gbp 1,50 and euro 1,30 usd king? whevere the usd is , it is the king? usd has lost so much it is a shit currency i Want it to rise and short all in
Ignored
You may need to check the current rate being 1.36 against your 1.50 claim....

You may also consider rate from last 10 years to see how pound and euro have been beaten black and blue...

Pound lost its grace from 1.7189 July 2014 high to 1.1409 March 2020 low. So 1.36 doesn't make dollar cheap in anyway, it is pound that is even cheap in the long run but short run its pretty expensive.
Swing and Intraday
2
  • Post #570,437
  • Quote
  • Jan 6, 2021 2:40am Jan 6, 2021 2:40am
  •  JayBag
  • Joined May 2016 | Status: IconAlive | 5,397 Posts
Quoting Georginson
Disliked
{quote} Biden is a diplomatic president that will not preach America first. US will regain the trust of their allies gradually and more togetherness will only make US stronger. As for UK, their new journey outside of EU should bring some prosperity in the long run but not without short run pain and adjustments. If any country is to take world power then China has a chance but will you ever trust the Chinese Yuan as a safe haven currency? Covid 19 may bring a new world order but it will take much more than covid 19 to knock US of their perch. Back...
Ignored
I have deliberately avoided FA. I don't even care about JOE because they all told what to do anyway. My projections is based off TA only. I agree we going to see GU lower. That is the last horse KICK I expect from the $.

I can't pin point where the LOW will be at but I am looking forward to picking it up for the yearly impulse.
You clearly stated that no one would trust the YEN. This may give room to GBP to claim it's throne as people may likely trust the POUND more.

Let's see
SS
End-Time Investor
  • Post #570,438
  • Quote
  • Jan 6, 2021 2:44am Jan 6, 2021 2:44am
  •  Headland
  • Joined Apr 2020 | Status: finished for day | 1,786 Posts | Invisible
... NBC have called one of the senate seats for the Democrat and likely the other one will go the same way. Of course today is when Pence is supposed to declare the winner in the senate but there could be fireworks there with some republicans crying foul in the senate and in the house, led by that eternal opportunist and fraud Ted 'your wife is ugly' Cruz. The usual tweet nonsense from Trump. A final kick in the teeth for him is likely !

Current 20/50/100 ema cross situation as below.
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Intraday swing trader via Supp/Res, Pa, & div.
2
  • Post #570,439
  • Quote
  • Jan 6, 2021 2:46am Jan 6, 2021 2:46am
  •  WhipKream
  • | Joined Nov 2018 | Status: Member | 416 Posts
Quoting JayBag
Disliked
{quote} I have deliberately avoided FA. I don't even care about JOE because they all told what to do anyway. My projections is based off TA only. I agree we going to see GU lower. That is the last horse KICK I expect from the $. I can't pin point where the LOW will be at but I am looking forward to picking it up for the yearly impulse. You clearly stated that no one would trust the YEN. This may give room to GBP to claim it's throne as people may likely trust the POUND more. Let's see SS
Ignored
its so short on the commercials the yen. but the dollar kicked it into gear. probably crashy gbpjpy. dont wanna touch it. 6-7 pip spreads
  • Post #570,440
  • Quote
  • Jan 6, 2021 2:50am Jan 6, 2021 2:50am
  •  nessus94
  • Joined Sep 2009 | Status: Giveachance is a loser | 1,749 Posts
Quoting Georginson
Disliked
{quote} You may need to check the current rate being 1.36 against your 1.50 claim.... You may also consider rate from last 10 years to see how pound and euro have been beaten black and blue... Pound lost its grace from 1.7189 July 2014 high to 1.1409 March 2020 low. So 1.36 doesn't make dollar cheap in anyway, it is pound that is even cheap in the long run but short run its pretty expensive.
Ignored
Look at the market
what is happening

dollar is sold
nothing more

it is all about the dollar
Brexit , gbp, we dont care
buy all against dollar
Make money by doing the opposite of Giveachance aka loser
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