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Cable Update (GBPUSD)

  • #638,801
  • Nov 13, 2021 7:54am Nov 13, 2021 7:54am
Quoting tiborf71
i will put up some live trades here from monday. see if you can help someone.
I will be looking forward to this
  • #638,802
  • Nov 13, 2021 8:19am Nov 13, 2021 8:19am
Quoting mysterio
On Monday I look for a retrace to 1.3380 area to buy to 1.3450 area. Depending how it sets up ofc. Waiting for the dollar to pullback into h1 demand area as it is in a daily supply zone. Another scenario is that we take out Fri Low first. On GU we're on a H4 demand level which caused around a 300 pip rally back in December. So is valid for at least a small bounce This is for intraday/scalping, overall structure is bearish Price currently sitting in h1 supply zone which has been weakened by bulls on Fri
sent you my phone number in DM, not sure if you seen it yet. lets get a coffee when you got time. weekends best for me on charts all week, only do gym on weekends
  • #638,803
  • Edited 10:34am Nov 13, 2021 8:25am | Edited 10:34am
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These packages are very bad and inflationary in an inflationary environment. Because the US is already in a back hole ,any finance they came up with to pay for this is pixy dust dreaming.
"Biden is now redefining his infrastructure and Build Back Better proposals as anti-inflationary, though no one ever mentioned this when the bills were being conceived or sold over the past year."
They -
Joe and crew including the political arm which is supposed to be a independent checks and balance office called the FED need to dispel any inflation talk.The latest excuse is blame it on supply chains .
They-
also need to try and micro manage the economy like they're the answer, such as a White House task force advising the busiest port in the western hemisphere how to reduce port bottlenecks.They have even now made inflation their top priority- there's probably another task force on way ....while pushing the next spending round.

You an't seen nothing yet if Joe manages another package of where this inflation is heading once they get their hands on that amount of money in a short timespan.
What they should be doing is contracting ,they over did it already.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,804
  • Nov 13, 2021 8:31am Nov 13, 2021 8:31am
Can someone explain these scenarios:

- What happens UK breaks article 16?
- What happens when UK finally increases rates?
- What happens when inflation persists for a currency but not tapering occurs/ when tapering occurs?
- How does Evergrande making payments affect certain currencies?
  • #638,805
  • Edited 9:13am Nov 13, 2021 8:58am | Edited 9:13am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,806
  • Nov 13, 2021 9:06am Nov 13, 2021 9:06am
GBPUSD GAMPLAN UNCHANGED< still going to plan so far

i know this aint the EU thread but a pips a pip an all that. so im sharing my thots on EURUSD. hope u dont mind
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  • #638,807
  • Nov 13, 2021 9:16am Nov 13, 2021 9:16am
Quoting iqyu5an
{quote} imho current bearish pressure is kinda correction wave ( ABC or ABCXABC ) . Compared to motive wave from 1.14 to 1.42 and only +/- 45 days to close 2021 , this correction is relative slow in my side . so i tried to reduce my bearish bias on this pair. Just a lazy thought in rainy weekend , don't take it so serious have a great weekend
i agree with ur view on GU



134
132
130 this prices will give swing traders with enough DD to keep buying...i think DXY will drop to 91.50 but not in month from now maybe next year
MY OPINION NOT FINANCIAL ADVISE
  • #638,808
  • Nov 13, 2021 9:32am Nov 13, 2021 9:32am
Quoting BigNumbers
If you must use any indicator, learn how to use the moving averages, all indicators are derived from the moving averages but they only tell you something is likely to happen but only confirm its occurrence by using price action i.e candlesticks. Good Luck!
Did you mean OSCILLATORS are derived...?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #638,809
  • Nov 13, 2021 9:34am Nov 13, 2021 9:34am
Quoting Jolita
We need to cross the lower side of the chart, pass the black line, then we will go low. If we bounce of the line we go over 1.4. This is monthly view. {image}
What do the lines represent or how are they derived?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #638,810
  • Nov 13, 2021 9:36am Nov 13, 2021 9:36am
Quoting Nordling00
So it's weekend. Another week from our lives is passed and we can't take it back. So be wise, time management is as important as money management. We can get rich one day, or we can go broke but we will end up in grave one way or another. So live a life that you will remember and you will be proud of. Don't have regrets. Do what makes you feel relieved, whether you are closing or opening a trade or you are considering to quit your job or applying to one. Maybe you want to break up, divorce or maybe you want to start a new relationship but you don't...
Well stated. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #638,811
  • Edited 10:36am Nov 13, 2021 10:21am | Edited 10:36am
Quoting TooSlow
{quote} What do the lines represent or how are they derived?
Hi TooSlow,
Red lines represent major monthly S & R lines applied from year 2018 to current year. Lines added highest to lowest, later split into half and smaller partial sections. More sections can be added on smaller timeframes.
Also use Ema's and simple Bollinger Band, plus various time frame Pivots.

Let me know if interested, could send a video lesson link from my mentor.

Major lines showing on this chart, but can be reduced overcrowding.

Hope this answered your question.
Thanks, J

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  • #638,812
  • Nov 13, 2021 10:37am Nov 13, 2021 10:37am
Quoting Jolita
{quote} Hi TooSlow, Red lines represent major monthly S & R lines applied from year 2018 to current year. Lines added highest to lowest, later split into half and smaller partial sections. More sections can be added on smaller timeframes. Also use Ema's and simple Bollinger Band, plus various time frame Pivots. Let me know if interested, could send a video lesson link from my mentor. Major lines showing on this chart, but can be reduced overcrowding. Hope this answered your question. Thanks, J {image}
Who's your mentor?
You have to have an IQ higher than 90 to interact with this user.
  • #638,813
  • Nov 13, 2021 10:44am Nov 13, 2021 10:44am
Quoting Nordling00
{quote} Who's your mentor?
Internet, various traders
  • #638,814
  • Nov 13, 2021 10:54am Nov 13, 2021 10:54am
Quoting Jolita
{quote} Internet, various traders
Have you bought a course from someone?
You have to have an IQ higher than 90 to interact with this user.
  • #638,815
  • Nov 13, 2021 11:00am Nov 13, 2021 11:00am
Quoting Jolita
{quote} Internet, various traders
I hope you tested what you learned.
  • #638,816
  • Nov 13, 2021 11:18am Nov 13, 2021 11:18am
Quoting TooSlow
{quote} Well stated. Cheers!
Once you understand math things get easier


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  • #638,817
  • Nov 13, 2021 11:26am Nov 13, 2021 11:26am
Quoting Nordling00
{quote} Have you bought a course from someone?
Yes. Etoro course
  • #638,818
  • Nov 13, 2021 11:27am Nov 13, 2021 11:27am
Before the week starts. This was my son a few yrs back. The kid on the loo

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  • #638,819
  • Nov 13, 2021 11:35am Nov 13, 2021 11:35am
Quoting tiborf71
{quote} I hope you tested what you learned.
Always learning, mostly from my own mistakes. I forget to quick what I've learned.
I like simple set ups, nothing complicated.
  • #638,820
  • Nov 13, 2021 11:48am Nov 13, 2021 11:48am
Quoting Jolita
{quote} Hi TooSlow, Red lines represent major monthly S & R lines applied from year 2018 to current year. Lines added highest to lowest, later split into half and smaller partial sections. More sections can be added on smaller timeframes. Also use Ema's and simple Bollinger Band, plus various time frame Pivots. Let me know if interested, could send a video lesson link from my mentor. Major lines showing on this chart, but can be reduced overcrowding. Hope this answered your question. Thanks, J {image}
Thank you.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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