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Cable Update (GBPUSD)

  • #636,761
  • Nov 7, 2021 5:05am Nov 7, 2021 5:05am
Quoting aeternum
{quote} Based on price action, it definitely seems like there are plenty of buyers down towards 1.3425-35 region. I managed to scalp some pips when it tapped 1.343, though I didn't wait for 1.35 to close it. Won't be surprised if we get a retracement up towards 1.357-1.36 region. But that's also only if support at 1.3425 area holds. I'm actually more curious if we get more down in USD despite positive news (well I guess rumors that Brainard might be the next Fed chair isn't exactly good for USD).

bearish pin bar with higher higher and the 2021 highest price...this is one of the strongest pin bar signal it hardly fail, doesnt mean it cannot but a strong signal 80% of time.


if you check daily GU and GJ you will find the similar pattern before gj rise in october..
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MY OPINION NOT FINANCIAL ADVISE
  • #636,762
  • Nov 7, 2021 5:06am Nov 7, 2021 5:06am
Quoting donfriday
My next view ...i am currently in a buy scalp for just 25pips looking for a small Dip to buy for a target toward area of value after Thursday breakout {image}
Thank you

DON Friday. for sharing.

Niway. This is the bathroom I want.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #636,763
  • Nov 7, 2021 5:15am Nov 7, 2021 5:15am
Quoting Pat Chiko
{quote} Thank you DON Friday. for sharing. Niway. This is the bathroom I want. {image}


as soon as your trading account hit $1M you can have it...


spend 30min in the bathroom its like healing medicine.
MY OPINION NOT FINANCIAL ADVISE
  • #636,764
  • Nov 7, 2021 5:17am Nov 7, 2021 5:17am
Wisdoms for my book
  • #636,765
  • Nov 7, 2021 5:19am Nov 7, 2021 5:19am
Quoting donfriday
{quote} as soon as your trading account hit $1M you can have it... spend 30min in the bathroom its like healing medicine.

with a bathroom like this...Just trade in the bathtub..lol
  • #636,766
  • Nov 7, 2021 5:27am Nov 7, 2021 5:27am
Quoting nAVIN2007
{quote} with a bathroom like this...Just trade in the bathtub..lol


such bathroom need SIRI to open and close trade just watch from big screen
MY OPINION NOT FINANCIAL ADVISE
  • #636,767
  • Nov 7, 2021 5:40am Nov 7, 2021 5:40am
Quoting donfriday
{quote} as soon as your trading account hit $1M you can have it... spend 30min in the bathroom its like healing medicine.

30 min???
  • #636,768
  • Nov 7, 2021 5:41am Nov 7, 2021 5:41am
looking very similar


The market have been rising at every swing low, why ? my opinion the sellers want to sell from higher price

maybe few more drop but from my view on DXY soon or later gu will see the buyer that its been looking for.
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MY OPINION NOT FINANCIAL ADVISE
  • #636,769
  • Nov 7, 2021 5:54am Nov 7, 2021 5:54am
Trader sentiment for Gbpusd is stacked in an upward direction. For banks to make money they have to drag price downwards and then upwards to wash out the longs
  • #636,770
  • Nov 7, 2021 6:03am Nov 7, 2021 6:03am
Quoting Jolita
{quote} 30 min???


That's for trading time only using Coin Toss Strategy ( I heard someone in this thread are using Coin Flip - no names dropping)

I can share few tip and ideas how to improve using the strategy more effective. It goes like this.

The coin flip indicator is great!

I did find however, that a silver coin works best in trends, while copper works best in ranges.

I also found it is much more effective if you can use a coin in the currency you are trading.

I have a nice copper half-penny that I use for GBP/USD ranges.

The rest of the strategy is just money management excellent and nothing of wisdom.

You'll make some excellent trades, for just under 30 minutes.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #636,771
  • Nov 7, 2021 6:04am Nov 7, 2021 6:04am
Quoting donfriday
{quote} bearish pin bar with higher higher and the 2021 highest price...this is one of the strongest pin bar signal it hardly fail, doesnt mean it cannot but a strong signal 80% of time. if you check daily GU and GJ you will find the similar pattern before gj rise in october.. {image}
Hmm well I won't call that a pin bar. More of a shooting star if anything but then I don't trade DXY...

I'm still bullish on GU and GJ here based on how low it shot down. But correction or impulsive move remains to be seen.
A 1 pip gain is better than a 1 pip loss.
  • #636,772
  • Nov 7, 2021 6:10am Nov 7, 2021 6:10am
I have my exams this week and i have to study for them but i also need to prepare my weekly calendar and read the newspapers. I also need to update my excel sheet.

I really need a secretary and a FX strategist working for me. I can't be a cook, trader, student at the same time. I love myself but i hate my life.
You have to have an IQ higher than 90 to interact with this user.
  • #636,773
  • Nov 7, 2021 6:30am Nov 7, 2021 6:30am
Quoting donfriday
looking very similar The market have been rising at every swing low, why ? my opinion the sellers want to sell from higher price maybe few more drop but from my view on DXY soon or later gu will see the buyer that its been looking for. {image} {image}
DXY has reached its upper BB on weekly and daily 94.60, meaning short term trading daily/weekly will retracing within zones.
From the monthly view we crossed into upper BB, meaning DXY will try to reach the top of BB, tgere is plenty of space up towards 95 / 96 and 98 in a months to come. Long time trading is in uptrend direction.
As we know GBP will react according DXY movement. I am watching DXY to give me clues.

Are you trading this instrument?

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  • #636,774
  • Nov 7, 2021 6:32am Nov 7, 2021 6:32am
Quoting Nordling00
I have my exams this week and i have to study for them but i also need to prepare my weekly calendar and read the newspapers. I also need to update my excel sheet. I really need a secretary and a FX strategist working for me. I can't be a cook, trader, student at the same time. I love myself but i hate my life.
  • #636,775
  • Nov 7, 2021 6:37am Nov 7, 2021 6:37am
Quoting Jolita
{quote} DXY has reached its upper BB on weekly and daily 94.60, meaning short term trading daily/weekly will retracing within zones. From the monthly view we crossed into upper BB, meaning DXY will try to reach the top of BB, tgere is plenty of space up towards 95 / 96 and 98 in a months to come. Long time trading is in uptrend direction. As we know GBP will react according DXY movement. I am watching DXY to give me clues. Are you trading this instrument? {image}{image}
With BB?
locked out.
  • #636,776
  • Nov 7, 2021 6:37am Nov 7, 2021 6:37am
Quoting Nordling00
I have my exams this week and i have to study for them but i also need to prepare my weekly calendar and read the newspapers. I also need to update my excel sheet. I really need a secretary and a FX strategist working for me. I can't be a cook, trader, student at the same time. I love myself but i hate my life.
Good luck in your exams!
Concentrate and I am sure you will do well.
The rest can be jugled around by priority.
Secretary? You can do it, you are young and capable. Good
  • #636,777
  • Nov 7, 2021 6:43am Nov 7, 2021 6:43am
Quoting Nordling00
I have my exams this week and i have to study for them but i also need to prepare my weekly calendar and read the newspapers. I also need to update my excel sheet. I really need a secretary and a FX strategist working for me. I can't be a cook, trader, student at the same time. I love myself but i hate my life.
Exams ?? fuck your making me feel old good luck with them kid
  • #636,778
  • Nov 7, 2021 6:48am Nov 7, 2021 6:48am
Quoting Jolita
{quote} Good luck in your exams! Concentrate and I am sure you will do well. The rest can be jugled around by priority. Secretary? You can do it, you are young and capable. Good
Awe thank you so much Jolita! I will try to do the best i can. Sometimes it's just a pat in the back that's needed to motivate a person and your words did that for me, thank you!

We are all young here, it's not about age it's about how we feel
You have to have an IQ higher than 90 to interact with this user.
  • #636,779
  • Nov 7, 2021 6:49am Nov 7, 2021 6:49am
Quoting Pat Chiko
{quote} That's for trading time only using Coin Toss Strategy ( I heard someone in this thread are using Coin Flip - no names dropping) I can share few tip and ideas how to improve using the strategy more effective. It goes like this. The coin flip indicator is great! I did find however, that a silver coin works best in trends, while copper works best in ranges. I also found it is much more effective if you can use a coin in the currency you are trading. I have a nice copper half-penny that I use for GBP/USD ranges. The rest of...

Agree, was laughthing at limited 30 min time.
My bath time is from 1 hour, female you know...

Love copper in general for its healing purpose.

If you upgrade your bathroom to this hi tech bathroom, your office space is sorted.
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  • #636,780
  • Nov 7, 2021 6:49am Nov 7, 2021 6:49am
Quoting T721
{quote} Exams ?? fuck your making me feel old good luck with them kid
Ahahaha thank you! Well you guys are not old wish i could be at your age instead of being a 21 y.o who tries to earn his financial freedom
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