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Cable Update (GBPUSD)

  • #603,141
  • Jun 16, 2021 4:14pm Jun 16, 2021 4:14pm
Quoting SamiFX
{quote} would you mind if I ask which broker you use?
Hot forex

Even in M30 the candle is normal

Here.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #603,142
  • Jun 16, 2021 4:22pm Jun 16, 2021 4:22pm
Quoting BeeTogether
Blimey this drop didn’t stop hey! I can’t believe I chickened out and went for a long half way through the drop. Oh well. Open SL TP at 14075 which isn’t much but at least it’s not a loss.
why 4075? I cant see this
  • #603,143
  • Jun 16, 2021 4:24pm Jun 16, 2021 4:24pm
Quoting Vincent1
{quote} We have been selling for weeks because we have read the trend change well, while the others have continued to buy Patience, patience, patience....and then....green pips!!!! 1.31 we are coming! I'm glad to serf the trend in your same direction
Hi Vince,
Thanks so much for your view and support Bud, yes indeed we have been talking about this for some time now. Gu has been in an upward trajectory for almost 2 years without correcting. EurUsd has done that this year. The two will probably negatively correlate at some point for a period of time with the pound going into a significant weak spell. Combine that with Dollar strength which is due we could see a significant sell off in GbpUsd. Anyway just my point of view from a cyclic perspective, I would like to see Gu gravitate towards my yearly pivot at 1.2918 to balance the books.
Cheers
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Trade to trade another day
  • #603,144
  • Jun 16, 2021 4:24pm Jun 16, 2021 4:24pm
Quoting Pat Chiko
{quote} Hot forex Even in M30 the candle is normal Here. {image}
Thank you, same on FXCM
  • #603,145
  • Jun 16, 2021 4:26pm Jun 16, 2021 4:26pm
Quoting Pat Chiko
{quote} GAP in May need to fill up first. Always look left and there is RBS too. {image}
RBS?
  • #603,146
  • Jun 16, 2021 4:27pm Jun 16, 2021 4:27pm
Quoting Pat Chiko
{quote} Must be the connection. Mine is normal, even in M5 Here, {image}
Mine also normal bro
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #603,147
  • Jun 16, 2021 4:31pm Jun 16, 2021 4:31pm
Quoting ntk
{quote} RBS?
Call it imbalance . Its filled. But ive extention also more lower 1.3910 for turn
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #603,148
  • Jun 16, 2021 4:32pm Jun 16, 2021 4:32pm
Quoting Nordling00
{quote} When i was a newbie, no one showed me anything. They just tried to sell useless stuff. That's why i am here trying to explain everything with logical reasons and with proofs. I don't want anyone to live what i have lived. That's why i even try to explain this stuff to these two. And these two never showed a proof if they are profitable or not, they just talk. Idle talk. No proof, no evidence. They also mislead other members & newbies.
I personally don't really understand fundamental analysis, macroeconomics, news to me is mostly 'bla bla'. You submit information in a form that is understandable to me (your ranking system), I appreciate it. Keep it up!
Air force
  • #603,149
  • Jun 16, 2021 4:32pm Jun 16, 2021 4:32pm
Quoting gatenio
{quote} why 4075? I cant see this
It’s just over the 62% retrace area. Also 14070 was a support area which could provide resistance if there is an upward swing
Insane in the Brain..
  • #603,150
  • Jun 16, 2021 4:33pm Jun 16, 2021 4:33pm
Quoting Wavegarrick
{quote} Hi Vince, Thanks so much for your view and support Bud, yes indeed we have been talking about this for some time now. Gu has been in an upward trajectory for almost 2 years without correcting. EurUsd has done that this year. The two will probably negatively correlate at some point for a period of time with the pound going into a significant weak spell. Combine that with Dollar strength which is due we could see a significant sell off in GbpUsd. Anyway just my point of view from a cyclic perspective, I would like to see Gu gravitate towards...
Hi Wavegarrick

Are you ever going to close your trades for profit?
  • #603,151
  • Jun 16, 2021 4:39pm Jun 16, 2021 4:39pm
Quoting ntk
{quote} RBS?

Resistance Becomes Support

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #603,152
  • Jun 16, 2021 4:47pm Jun 16, 2021 4:47pm
Quoting Nordling00
{quote} I can smell your ignorance from miles away. Do you really look at macroeconomics based on the colors of FF Calendar? .
Ive looked at that calendar for 14 years ,thats when you were at nursery school .
Its listed correctly only you can be that deluded to say its wrong
my advise is stick with the majors...
It's difficult to discuss anything with you because you go on so many tangents .Your core being is higher inflation is bearish ,thats an easy one to tackle
You're never make money or be right with that list you made ,what you want to do is pick up on the major themes.
pure chance you made anything tbh ,given your wacky fundamental outlooks and you don't believe in technical analysis
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #603,153
  • Jun 16, 2021 4:54pm Jun 16, 2021 4:54pm
Quoting W0lfram
{quote} I personally don't really understand fundamental analysis, macroeconomics, news to me is mostly 'bla bla'. You submit information in a form that is understandable to me (your ranking system), I appreciate it. Keep it up!
Thank you brother. I appreciate your support. And i am glad that i am helpful. Nowadays people mean that i am the "bad guy" which is not true. I do everything to keep trolls away and i try to give valuable information for free. My tongue is sharp, because i want to make an impact on people who close their eyes to the truth. Not that because i enjoy mocking them.

We all think fundamentals are so complicated at first, but actually they are very easy. I started learning trading with TA like everyone but in time i started to think it's subjective. Cause we can all draw trendlines different, we can use different indicators with different settings and we can mark the different s/r lines. That suspect made me want to learn fundamentals. I was not profitable anyways.

After learning some fundamentals things started to make more sense. In time i became profitable and to be honest i don't even need to spend much effort on trading. I spend much more effort in FF more than charts Fundamentals have a standard, they are easy to understand and predict. I wish i learned it 3 years ago when i was a newbie. It's been a year since i am trading this way btw.

I am here to help and trying to explain fundamentals as simple as i can. There's so many info pollution in the internet so i think it would be good if i were to make things clear.

BTW I still use TA, but only for entries and stop-losses.
You have to have an IQ higher than 90 to interact with this user.
  • #603,154
  • Jun 16, 2021 5:10pm Jun 16, 2021 5:10pm
Quoting Nordling00
{quote} Thank you brother. I appreciate your support. And i am glad that i am helpful. Nowadays people mean that i am the "bad guy" which is not true. I do everything to keep trolls away and i try to give valuable information for free. My tongue is sharp, because i want to make an impact on people who close their eyes to the truth. Not that because i enjoy mocking them. We all think fundamentals are so complicated at first, but actually they are very easy. I started learning trading with TA like everyone but in time i started to think it's subjective....
Are you really a 18 Y old genius ?
Btw inflation is in focus right now thats why its red ,but it's not always ,
my point to you over a long time different things will be important to the market that make that list you made obsolete .It really highlights how long you had to survive this game ,your naivety...
You existed for a heart beat and arrived with a bad attitude, you're here to teach with no experience whatsoever in anything,
with information the complete opposite to reality.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #603,155
  • Jun 16, 2021 5:24pm Jun 16, 2021 5:24pm
Don't know, if the dollar is not going to break through everything in its path, I expect a retrace
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Similar behavior to June 3rd and 9th (volume distribution, wedges, divergences)
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Air force
  • #603,156
  • Jun 16, 2021 5:24pm Jun 16, 2021 5:24pm
Quoting Bones
{quote} Ive looked at that calendar for 14 years ,thats when you were at nursery school . Its listed correctly only you can be that deluded to say its wrong my advise is stick with the majors... It's difficult to discuss anything with you because you go on so many tangents .Your core being is higher inflation is bearish ,thats an easy one to tackle You're never make money or be right with that list you made ,what you want to do is pick up on the major themes. pure chance you made anything tbh ,given your wacky fundamental outlooks and you don't...
That's even worse. You look at that calendar for 14 years and still not able to read basic macroeconomics. Please answer the rest of my post btw. How you gonna trade PLN/SEK? There's no red news. Stick with majors? You can trade every floating, ex-commodity currency without any problem. I even create synthetic pairs if my broker is not offering them, jeez. Like PLN/SEK. Pro tips

Ah please don't deny the things that i made clear. I never make money? I showed you how profitable i am. Look again. All the members here, just click the "images" section in my profile to see my positions.

About Inflation and GDP i already answered but let me try again:

High Inflation: HIGH INFLATION IS BAD FOR A CURRENCY, BUT PRICE GOES BULLISH FOR "HIGH INFLATION CURRENCY" JUST AFTER THE NEWS MAYBE EVEN FOR A DAY OR TWO BECAUSE MARKET GIVES US A CHANCE TO ENTER IT FROM A BETTER PRICE. LIKE LAST MONTH IN GU:

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High GDP: THIS IS ALSO BAD FOR A CURRENCY BUT PRICE GOES BULLISH FOR "HIGH GROWTH CURRENCY" JUST AFTER THE NEWS MAYBE EVEN FOR A DAY OR TWO IN ORDER TO GIVE A BETTER ENTRY.

SO THESE ARE JUST PULLBACKS THAT HELP US TO ENTER THE TREND.

Bonus: HIGH GDP IS BAD BECAUSE OF IT'S COMPONENTS. BIGGEST COMPONENTS ARE "PERSONAL SPENDING" AND "GOVERNMENT SPENDING". WHICH MEANS SUPPLY OF THE CURRENCY TO THE WORLD. HERE'S THE PROOF:

Attached Image
You have to have an IQ higher than 90 to interact with this user.
  • #603,157
  • Jun 16, 2021 5:27pm Jun 16, 2021 5:27pm
Quoting Bones
{quote} Are you really a 18 Y old genius ? Btw inflation is in focus right now thats why its red ,but it's not always , my point to you over a long time different things will be important to the market that make that list you made obsolete .It really highlights how long you had to survive this game ,your naivety... You existed for a heart beat and arrived with a bad attitude, you're here to teach with no experience whatsoever in anything, with information the complete opposite to reality.
I am 20 and i know more than you do. Go and trade your "evening star", "morning star". Good luck, you gonna need it. BTW don't forget to track my GBP/PLN position. Maybe i will lose and you can make fun of me Try your chance
You have to have an IQ higher than 90 to interact with this user.
  • #603,158
  • Jun 16, 2021 5:31pm Jun 16, 2021 5:31pm
Potential upside towards 142?
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Insane in the Brain..
  • #603,159
  • Jun 16, 2021 5:31pm Jun 16, 2021 5:31pm
Quoting KiwiTrada
{quote} cad dix swissy were @ resistance, still are, watchout if they get through, eu already starting to fall :-)
who would have thought that :-) no sl traders be sweating drawdown Im thinking?
If you are new to Forex? Say Goodbye to your account!!
  • #603,160
  • Jun 16, 2021 5:33pm Jun 16, 2021 5:33pm
Quoting KiwiTrada
possible sell on kiwi, pa now 7144 sl above 7152 cheap entry reasonable potential for decent return, retesting a bo south of 1 / 4hr rising channel????
17hrs later very nice little trade, who would have thought that aswell, "bees to honey"
If you are new to Forex? Say Goodbye to your account!!
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