Cable Update (GBPUSD)

pnyku gelasnya tahan sampe nanti malam NYO hahahaha

Enjoy
Good luck
LOL LOL

Cad very close to previous daily high 1 2652 pa now 1 2642, corresponds with dix have started micro managing longs, tempted to short around 1 2650 would be wise, but stomach saying to stay aside, I will wait :-(

hodl loonie since 22xy targetting 3000 ( already set SL for 200 pips ) but gonna see reaction on 2700 first

One can expect a big jump above 3748/50

Today.

I took long my average entry 3750.

stop 3749 now. ( edit : stop 3748 )

This week forecast is 1.3810/30 ^ 1.3650/70... Bias is bearish.

This July forecast still remains 1.3910/40 ^ 1.3550/70. Bias also bearish...

A mini bounce from here (1.3755) to 1.3810/30 area is possible before bearish resumption.

Trade with utmost caution.

hope you all have a good week.
I see a short to 37200 area then a retrace

Well noted. Thanks alot.

Will look into fixing this to my style

“If the City, the Bank of England and the financial markets have confidence in the bank, the bankers can feel confident in lending me money. Thus I could acquire sufficient money, far in excess of what my assets are worth, to enter the financial and currency markets. Provided I had steady nerves, adequate knowledge of the markets, enormous good luck and sufficient profits to service my debt, I could be an effective player in the game. If all these conditions pertained, all I would have to do is keep on playing. I can’t leave the market until I’ve made enough money to pay back the debt plus interest, otherwise I’ll lose everything I have, and if I want something to show for all my hard work, I shall have to keep on playing. I would be playing with hundreds of thousands of individuals and institutions, many of whom have arrived with money far in excess of the value of their assets. It’s the sort of game where to be admitted you have to bring your own ball. The players spend their time throwing and catching the balls. It might seem that the aim of the game is for players to acquire as many balls as possible, but it is not. The aim of the game is to keep on playing. The balls must be kept in the air because if the players stop playing or if a large enough number of them decide to take their balls and go home, the whole edifice of the international currency and financial markets will come tumbling down because the balls that are being kept in the air are not just lumps of money but also money’s anti-matter, debt… Any attempt by a government to regulate the money market would send the money fleeing from that country. The huge volume of transactions that go through the US and UK financial markets make a major contribution to the US and UK economies and balances of trade. The financial markets in other countries compete keenly to increase their volume of trade, and often their governments give their markets direct support. It is highly unlikely the governments would combine to regulate the markets, but, if they did, the regulations they devised would have to take account of the dirty money washing through the system. Either the proceeds of crime would have to be publicly accepted as legitimate or the proceeds and the criminals who acquired these proceeds would have to be excluded from the markets and dealt with. However, if there were a concerted effort by the governments of all countries to set up a system for regulating the money markets, these efforts, by excluding many of the players, could well bring the whole edifice down, thus disrupting the world’s economy to an unforeseeable extent. So it is likely that as long as the money market enjoys the freedom it has, dishonest players will flourish. Not that the stock market in the US is a stranger to crime.”
Dorothy Rowe, The Real Meaning of Money

In short, the industry is so large now that anyone who wants to play will find a way and where there is easy money to be made someone will provide that way; however with so many balls in the air it is unlikely to come to that. On the other hand forex may become too hard to trade, with extreme spikes and shake outs, as everyone improves the banks and brokers must win for it to be viable.

eat and run

You shell not pass 1.37500 mf

Brought @ 1.3758 tp 1.3790 no sl, make it happen Maheeee

let see where LO will take us >.<
i hope its up then i will make me more confident in sell . price really need a pull beack

Wow this mofo just isn’t stopping…. Potentially 13710-30 as next level of support.

9284 is here watchout for rocket north???

RUN Forrest RUN
TP hit now we are waiting for a retrace

my stomach is very wise :-)