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Cable Update (GBPUSD)

  • #616,061
  • Aug 12, 2021 8:22am Aug 12, 2021 8:22am
I'm waiting to see if it will go to ≈1.3812
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Air force
  • #616,062
  • Aug 12, 2021 8:23am Aug 12, 2021 8:23am
Quoting Moty
this is fuc*ing bullshit go up mf {image}

patience my friend
Like me, cuts losses quickly. But has more patience and lets his winn
  • #616,063
  • Aug 12, 2021 8:23am Aug 12, 2021 8:23am
Quoting gatenio
{quote} this question do not exist in the real world. TA is just a tool to analyze fundamentals data. You have no chance to know if GBP is stronger than USD or vice versa without a chart and TA basic tools.

No doubt I agree it's just a measuring tool........
I'm a short term trader and I believe fundamental are for medium to long term investors.
All I'm trying to say it that when fundamental data is out of way we lean on the measuring tool to lead the way forward..........
Happy trading.,
  • #616,064
  • Edited 8:40am Aug 12, 2021 8:25am | Edited 8:40am
Quoting Otiken
{quote} Mostly I believe, big players are allways aware of result of data release before it's release (insider information) and must have readjusted there positiins. By the time this data gets to us retailer it will only be reaction of big players action...... We retailers can move the price but they can in group......
I have been trading fundamentals for over a year now. Idk if there are insider traders, but i know that even if there is, insider trading does not really affect my trading.
You have to have an IQ higher than 90 to interact with this user.
  • #616,065
  • Aug 12, 2021 8:27am Aug 12, 2021 8:27am
Quoting Pat Chiko
{quote} This headline is all spin when you actually read the text. UK are below expectations, below UK competitor G7. UK fell further and haven’t recovered. Disastrous handling of the economy and Covid 19 Here's the fact with Context is everything {image}
thats the 4th Q 2019
anyway from then on its all completely manipulated in plain sight
its an unheard of environment right now ,
the crazy cat is the US who actually expand through what should be a downturn on funny money growth.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #616,066
  • Aug 12, 2021 8:31am Aug 12, 2021 8:31am
1.3837
to watch.., DeMark's DS1
gj already under (153.00).., but not much

gatenio, btw if she break 1.3837 mean she's going down
(???)
pay attention, please ( with your buy limit )
dolce vita
  • #616,067
  • Aug 12, 2021 8:32am Aug 12, 2021 8:32am
Quoting Moty
this is fuc*ing bullshit go up mf {image}

If all trade becomes walk in a park then we will all be billionaires.
Sometime we have to take a punch first before going for the kill.
For now we are riding on the last leg up until it is broken below the lowest level.
Like they use to say, if you can't take the heat stay off kitchen
Patient and our gut is we got
Price will always dance around.......
Enjoy your trading.......
  • #616,068
  • Aug 12, 2021 8:36am Aug 12, 2021 8:36am
Quoting babayaga
1.3837 to watch.., DeMark's DS1 gj already under (153.00).., but not much gatenio, btw if she break 1.3837 mean she's going down (???) pay attention, please ( with your buy limit )
I am trying to sell ( gj &cable) and gold
now& this morning too
nothing fancy.., scalping x4-5 pips for cable, 20 pips gj ( from morning)
dolce vita
  • #616,069
  • Aug 12, 2021 8:37am Aug 12, 2021 8:37am
gold trade
sell
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dolce vita
  • #616,070
  • Aug 12, 2021 8:40am Aug 12, 2021 8:40am
Quoting Nordling00
{quote} I have been trading fundamentals for over a year now. Idk know if there are insider traders, but i know that even if there is, insider trading does not really affect my trading.

No it won't affect your trading because we are always on the looking out using techincal to measure when thing is going out of hand. Manipulation or not we will always trade the market and our position to our best ability.
Happy trading......
  • #616,071
  • Aug 12, 2021 8:44am Aug 12, 2021 8:44am
Quoting Georginson
{quote} As I said earlier, bears must ensure 1.3910 remains unbroken, to keep the attainment of 1.3516 alive... Still Bearish biased.
Bears are still defending 1.3910... range break to the downside very likely from Monday next week as far as 1.3910 still remains unbroken, bulls have zero chance.
Data + Stat + Risk/Emotions Management
  • #616,072
  • Aug 12, 2021 8:44am Aug 12, 2021 8:44am
Quoting Moty
this is fuc*ing bullshit go up mf {image}
Patience
  • #616,073
  • Aug 12, 2021 8:44am Aug 12, 2021 8:44am
Quoting babayaga
gold trade sell {image}
closed already 3x22-25 pips
last one left
dolce vita
  • #616,074
  • Aug 12, 2021 8:46am Aug 12, 2021 8:46am
Quoting Otiken
{quote} If all trade becomes walk in a park then we will all be billionaires. Sometime we have to take a punch first before going for the kill. For now we are riding on the last leg up until it is broken below the lowest level. Like they use to say, if you can't take the heat stay off kitchen Patient and our gut is we got Price will always dance around....... Enjoy your trading.......
Nice one!
Thanks
  • #616,075
  • Aug 12, 2021 8:48am Aug 12, 2021 8:48am
Quoting Siame
{quote} Clearer from this point. Looking BULLish. {image}
Got stopped out of my BULLish position.
With the formation of a new Bearish Block and also with price below the FPV, I've flipped Bearish with Target at 1.38150
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  • #616,076
  • Aug 12, 2021 8:50am Aug 12, 2021 8:50am
Quoting babayaga
{quote} closed already 3x22-25 pips last one left
cant sell it until it will contact with the support from friday.
Im afraid it wont hold when they will connect
  • #616,077
  • Aug 12, 2021 8:56am Aug 12, 2021 8:56am
this is the pinnacle of manipulation ,,
so its not being guided by the Fed the Fed are actually trading it in a massive way
this is the difference I'm talking about prior to 2008 and way bigger late 2019/2020 onwards
the problem is no one knows its true value only its not there for sure
over a 100 years I think normal rates are about 5%

it can only go up or side from there
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #616,078
  • Aug 12, 2021 8:57am Aug 12, 2021 8:57am
My buy limit close to trigger,
1.383, sl 1.38
tp 1.407
  • #616,079
  • Aug 12, 2021 9:01am Aug 12, 2021 9:01am
Quoting gatenio
{quote} cant sell it until it will contact with the support from friday. Im afraid it wont hold when they will connect
to me it looks more like SELL.., could be wrong of course
only look at above range she went from
it's quite significant

30M & 4H
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dolce vita
  • #616,080
  • Aug 12, 2021 9:02am Aug 12, 2021 9:02am
A possible retrace to 1.38500 and then down again
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