Cable Update (GBPUSD)

Quoting aggieman01

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For those who took heed to my analysis yesterday, YOU WELCOME. Some traders should stay away from analyzing the market. They don't understand the big picture of Central Banks. As I said yesterday, Central Banks were going to run up GBPUSD back to their Weekly Central Bank Zone. People here kept shorting like idiots. No understanding of phycology of Central Banks instead using technical analysis which can destroy you. As I see the markets, at macro level, Janet Yellen (Treasury Secretary, who was also Fed Chair) is micro-managing the Central Banks...

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Quoting aggieman01

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{quote} No, Im not the wises but trading for 10 years and understand a thing or two after blowing multiple account....By the way, did you pay close attention to my account I posted...Where are your results? https://www.forexfactory.com/thread/...7#post13393327

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Quoting aggieman01

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{quote} No, Im not the wises but trading for 10 years and understand a thing or two after blowing multiple account....By the way, did you pay close attention to my account I posted...Where are your results? https://www.forexfactory.com/thread/...7#post13393327

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Quoting Blackopal

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{quote} I don't profess to have the superior knowledge that you possess and the right to call others idiots. I have nothing to prove. My ego is small

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Quoting aggieman01

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{quote} No worries...I am man enough to admit I shouldn't said idiots, you right. I just get frustrated sometimes knowing the little crooked politicians and central bankers who collude to make money off the masses. When the masses get screwed we are left asking what the hell just happened. No ill will pointed to anyone, just trying to shed some light in different mindset than others. We all can beat them at their own game like Reddit traders crushed Hedge Funds for shorting Gamestop...Now forex is different animal, the Central banks will crush all...

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Quoting parshal

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off the route of some wisemen's discussion, I have an observation rather a question- Why is cable going down when DXY going down as well just now (last 10-15 minutes)?

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Quoting Waveskierrob

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{quote} same as yesterday when they both went up, $ being sold £ being sold, me thinks

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Quoting parshal

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off the route of some wisemen's discussion, I have an observation rather a question- Why is cable going down when DXY going down as well just now (last 10-15 minutes)?

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Quoting Theoak

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Going for a 10 pips on a long in at 1.3692 {image}

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Quoting aggieman01

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{quote} No worries...I am man enough to admit I shouldn't said idiots, you right. I just get frustrated sometimes knowing the little crooked politicians and central bankers who collude to make money off the masses. When the masses get screwed we are left asking what the hell just happened. No ill will pointed to anyone, just trying to shed some light in different mindset than others. We all can beat them at their own game like Reddit traders crushed Hedge Funds for shorting Gamestop...Now forex is different animal, the Central banks will crush all...

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Quoting Blackopal

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{quote} euro makes up the biggest percentage of the DXY. Euro gaining more against $USD than the pound is today. EG starting to rise from a low. One Hour and 4 Hour time frames on EG both developing a rounded bottom, so possible that Euro will continue to develop strength against the pound. Both euro and pound could rise or fall against DXY, but they don't necessarily maintain equal footing, which explains why DXY and pound don't necessarily correlate

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Quoting Blackopal

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{quote} euro makes up the biggest percentage of the DXY. Euro gaining more against $USD than the pound is today. EG starting to rise from a low. One Hour and 4 Hour time frames on EG both developing a rounded bottom, so possible that Euro will continue to develop strength against the pound. Both euro and pound could rise or fall against DXY, but they don't necessarily maintain equal footing, which explains why DXY and pound don't necessarily correlate

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Quoting Coreg2004

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dollar index still has room to drop...100%dailyATR(14){image} {image}

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