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Cable Update (GBPUSD)

  • #629,181
  • Oct 8, 2021 8:20am Oct 8, 2021 8:20am
Quoting navk
{quote} If you are following this pair accurateley, you will notice that for a bullish daily candle to form, asia will sell. Vice versa for bearish daily candle to form.
really?! i will check this theory.
i never notice it

Btw, im using LC theory.. higher or lower, most of the time its gold!
  • #629,182
  • Oct 8, 2021 8:22am Oct 8, 2021 8:22am
Quoting LvMMT
{quote} Long again... 4055336 Good luck folks! God bless everyone!
-240 points now... long added...

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #629,183
  • Oct 8, 2021 8:22am Oct 8, 2021 8:22am
Quoting mysterio
{quote} Yea I think will be a tomorrow/NFP job, up to 1.3660-80 area then back down {image}
perfect touch daily supply
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  • #629,184
  • Oct 8, 2021 8:22am Oct 8, 2021 8:22am
Quoting donfriday
{quote} my main system have 20sma untested on monthly arround 133 13250 this could be very important in the end we shall win or learn from failure

learning = win
  • #629,185
  • Oct 8, 2021 8:23am Oct 8, 2021 8:23am
Quoting PiploEscobar
{quote} Now we have a good S/L @ 1.36320
My stops are below 1.3620 with a target of 1.3677.. If this does not go up soon I'm out of here!!! For guys who got in lower nice trade!!
Don't trade what you think. Just what you see!!!
  • #629,186
  • Oct 8, 2021 8:24am Oct 8, 2021 8:24am
Quoting Nordling00
{quote} I am currently watching Bloomberg and they said like 10-20 mins ago that anything above 0 (for NFP) it will be positive news for tapering to start in November
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #629,187
  • Oct 8, 2021 8:25am Oct 8, 2021 8:25am
Quoting LvMMT
{quote} -240 points now... long added... God bless everyone!
1.36200 OB still hold will see if reject . Will buy also
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #629,188
  • Oct 8, 2021 8:26am Oct 8, 2021 8:26am
Quoting BeeTogether
{quote} Exactly! nfp missed by a whopping amount whilst unemployment dropped by 0.3 % from expected results. Could possibly be the reason we aren’t in 137 today. However going forward Powell may look at a potential slowdown in uptake?
After listening to the guys in Bloomberg and also remembering what FED members said in the last meetings, even though it's bad news for today it's still good news for tapering to start in my opinion. FED's "full employment" target means 4% unemployment rate and it came out 4.8% which is not far away. When they reach 4% they will raise the rates. But before raising them they have to taper first.

Also debt ceiling risk can still occur in December. If US government keep spending like that they may exceed the new debt ceiling in December. Which will trigger another crisis between Democrats and Republicans. So looking at it now, they are likely to start tapering in November in order to not exceed the debt ceiling and unemployment rate is also not bad to start tapering since they still have time until late 2022 to reach 4% target and then start raising the rates.
You have to have an IQ higher than 90 to interact with this user.
  • #629,189
  • Oct 8, 2021 8:26am Oct 8, 2021 8:26am
Removed liquidity and stop-loss chain reaction as usual at NFP. Luckily I was napping, didn't made wrong decisions lol
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Continue guessing falling knives until bullish day with positive Delta.
Added no SL short @ 1.363, calling it an investment
Air force
  • #629,190
  • Oct 8, 2021 8:27am Oct 8, 2021 8:27am
i am interested in buying DIP
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MY OPINION NOT FINANCIAL ADVISE
  • #629,191
  • Oct 8, 2021 8:28am Oct 8, 2021 8:28am
i am targetting 1.3680 as my sell limit sit up there.. lol
Trade what you see, not what you think.. react and stay sharp..
  • #629,192
  • Oct 8, 2021 8:31am Oct 8, 2021 8:31am
1.36200 violate. Beware
If going to north. It should reject on 30 minute from now if stand still beware
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #629,193
  • Oct 8, 2021 8:32am Oct 8, 2021 8:32am
where is @georginson
MY OPINION NOT FINANCIAL ADVISE
  • #629,194
  • Oct 8, 2021 8:32am Oct 8, 2021 8:32am
Anything can happen but with the reaction off of daily supply and liquidity run during NFP its likely to be a sell over the coming week
  • #629,195
  • Oct 8, 2021 8:35am Oct 8, 2021 8:35am
I'm not getting too much joy from my swing Account but my scalp account is keeping up nicely.

Price may attack 1.3670/1.3690 area today if 1.3590 stays unbroken in hours ahead.
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Data + Stat + Risk/Emotions Management
  • #629,196
  • Oct 8, 2021 8:36am Oct 8, 2021 8:36am
Oh shit, I closed my sells, as it went up. Now it going down. Typical NFP day. DXY started flying back.
  • #629,197
  • Oct 8, 2021 8:36am Oct 8, 2021 8:36am
im wrong again.. lol
Trade what you see, not what you think.. react and stay sharp..
  • #629,198
  • Oct 8, 2021 8:36am Oct 8, 2021 8:36am
Quoting mysterio
Anything can happen but with the reaction off of daily supply and liquidity run during NFP its likely to be a sell over the coming week
agree.
waiting for confirmation. Maybe only next week.

Good weekend pal, excellent trades this week.
  • #629,199
  • Oct 8, 2021 8:37am Oct 8, 2021 8:37am
Green colour on daily is melting, under pivot as we speak.

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  • #629,200
  • Oct 8, 2021 8:38am Oct 8, 2021 8:38am
To me, the US data is as good as good can be.
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