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Cable Update (GBPUSD)

  • #629,201
  • Oct 8, 2021 6:39am Oct 8, 2021 6:39am
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yes yes yes
  • #629,202
  • Oct 8, 2021 6:39am Oct 8, 2021 6:39am
Quoting IBabyTrader
Oh shit, I closed my sells, as it went up. Now it going down. Typical NFP day. DXY started flying back.
In the words of Axl Rose "Just a little patience"
  • #629,203
  • Oct 8, 2021 6:40am Oct 8, 2021 6:40am
Quoting Jolita
Green colour on daily is melting, under pivot as we speak. {image}


do you like pro trader compare to IG platform?

pro trader look kind of old fashion platform to me
MY OPINION NOT FINANCIAL ADVISE
  • #629,204
  • Oct 8, 2021 6:41am Oct 8, 2021 6:41am
Weekly price will close at the frontier of China Wall. 1.35700-800 zone. Just checking. Don't believe
  • #629,205
  • Oct 8, 2021 6:42am Oct 8, 2021 6:42am
Quoting donfriday
{quote} do you like pro trader compare to IG platform? pro trader look kind of old fashion platform to me

Yehh, Don, lots of tools, still playing around. You?
Dont like conectivity issue, but again might be only the setting, I will find a way to fix.
  • #629,206
  • Oct 8, 2021 6:44am Oct 8, 2021 6:44am
Quoting miedpreneur
im wrong again.. lol
not quite mate, this could go back up. US data was very conflicting, so we could 137 next week which provide a decent area for Drop to 134
Insane in the Brain..
  • #629,207
  • Oct 8, 2021 6:47am Oct 8, 2021 6:47am
Quoting Mitiblotch
{quote} I have this serious idea that the movers get the data leaked to them before time. For some time now, especially in recent months, it has happened so much and too blatantly that price moves strongly way before news. I know the movers can make educated forecasts, but.... What do you think?
I'm not sure ,
I'm only sure the markets are far from healthy when everything revolves around a small group of elites rather than being data driven, the only thing that matters is what the FED say next.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #629,208
  • Oct 8, 2021 7:00am Oct 8, 2021 7:00am
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yes yes yes
  • #629,209
  • Oct 8, 2021 7:00am Oct 8, 2021 7:00am
... good intraday moves since my later start trading session started at least. That prev 1hr/4hr sw lo zone that extends to circa 3666 (50% 3912-3411) = prev supp = pot sbr proving an obstacle too far for the bulls (for now at least) - in the immediate aftermath/reaction to U.s NFP release, the drop from bottom of that zone finding support @ 61.8% of the intraday up move, ie current dly lo-hi.

This market at least doesn't know what to make of it!

1hr below.
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Trader with an Edge.
  • #629,210
  • Oct 8, 2021 7:04am Oct 8, 2021 7:04am
Quoting Nordling00
{quote} 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...
I guess market thinks like that too. NFP's bad effect is erased.
You have to have an IQ higher than 90 to interact with this user.
  • #629,211
  • Oct 8, 2021 7:04am Oct 8, 2021 7:04am
that can come up to close 670 +
then =its def a bullish win within the immediate range over the next 2 week, probably retrace ,
after close break is confirm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #629,212
  • Oct 8, 2021 7:20am Oct 8, 2021 7:20am
Quoting Theoak
{quote} 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!!
I held on and added a long at 1.36250. Let's see if this is the legitimate push up now.
  • #629,213
  • Oct 8, 2021 7:21am Oct 8, 2021 7:21am
Quoting Mr.Burger
{quote} more addons, my last entry with pending orders ( 4 layers ) if taken and my sl hit, all close together --- job done for cable, good luck everyone, peace {image}
I change my target to a lower price ( 1.3700 ) these many cutes animal patterns trouble me a bit
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--- it's weekend everyone good luck
Daddy, Brother, Lover, Little Boy
  • #629,214
  • Oct 8, 2021 7:24am Oct 8, 2021 7:24am
Quoting Mr.Burger
{quote} I change my target to a lower price ( 1.3700 ) these many cutes animal patterns trouble me a bit {image} --- it's weekend everyone good luck

a break above 13650 brings us back into the range since January
MY OPINION NOT FINANCIAL ADVISE
  • #629,215
  • Oct 8, 2021 7:28am Oct 8, 2021 7:28am
Quoting donfriday
{quote} a break above 13650 brings us back into the range since January
I forgot about January, previous month or year
Daddy, Brother, Lover, Little Boy
  • #629,216
  • Oct 8, 2021 7:30am Oct 8, 2021 7:30am
...could be heading for another and 2nd consecutive < 30 day adr today, with 85% 30day travelled so far today. The weekly is similarly @ 68% of the quarterly week's average (ie the 13 wk awr.)

PS: 30day adr is currently 88pips.
Trader with an Edge.
  • #629,217
  • Oct 8, 2021 7:32am Oct 8, 2021 7:32am
Euraud shorted
  • #629,218
  • Oct 8, 2021 7:32am Oct 8, 2021 7:32am
Quoting LvMMT
{quote} -240 points now... long added... God bless everyone!
... this beauty .. did not stop


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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #629,219
  • Oct 8, 2021 7:39am Oct 8, 2021 7:39am
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
do you still hold your shorts?
  • #629,220
  • Oct 8, 2021 7:42am Oct 8, 2021 7:42am
... price challenging bottom of the now prev 1hr sw hi zone = prev res = pot res, leading to day's current dly hi, top of this coexistent with bottom of the prev 1hr/4hr sw lo zone leading to circa 3666, = prev supp = pot sbr. These are the immediate near-term potential upside obstacles for the bulls.

1hr below.
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Trader with an Edge.
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