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Cable Update (GBPUSD)

  • #655,201
  • Mar 31, 2022 6:10am Mar 31, 2022 6:10am
Quoting kris89
Keep above 1.31000 we can see 1.32200 tonight
That would make me glad
  • #655,202
  • Mar 31, 2022 6:17am Mar 31, 2022 6:17am
Quoting MatDerKater
{quote} Indeed, and this contributes towards a big part of the US GDP. As the anecdote goes. An economist professor and his PhD student were walking in the park. The professor said to the student. "Go and pick up that dog turd with your bare hands, and I will give you £20K". The student picked up the dog turd and being immediately disgusted he threw it back down and said to the professor. "How about you pick up the dog turd and I will pay you £20K". The professor duly picked up the dog turd with his bare hand. Afterwards, the student stated. "We...
Exactly! GDP is not the net number, it is the total amount of the transactions.

I can import billions of $ worth of goods but export nothing, produce nothing but still have a high GDP. That would result in inflation and loss of currency value though.

So actually we gotta categorise the growth as good and bad growth.
You have to have an IQ higher than 90 to interact with this user.
  • #655,203
  • Mar 31, 2022 6:29am Mar 31, 2022 6:29am
Asian till London 40 pips range. These NY session one way will be break nor south or north. But in daily candle and formation candle more prefer to north so ill just buy. And out in range until broke that north

So far 2 times scalp buy already pawn so far and two sell
All scalp = 80 pips so far
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #655,204
  • Mar 31, 2022 6:30am Mar 31, 2022 6:30am
The AB=CD pattern is a continuation pattern, so the expectation is that GU will go down to a new low, but this pattern has a 70% winning rate. Still, 30% chance that GU will go up...Beauty of the trading is you never know what's going to happen for sure and that's ok in my book.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #655,205
  • Mar 31, 2022 7:16am Mar 31, 2022 7:16am
Quoting MatDerKater
{quote} Indeed, and this contributes towards a big part of the US GDP. As the anecdote goes. An economist professor and his PhD student were walking in the park. The professor said to the student. "Go and pick up that dog turd with your bare hands, and I will give you £20K". The student picked up the dog turd and being immediately disgusted he threw it back down and said to the professor. "How about you pick up the dog turd and I will pay you £20K". The professor duly picked up the dog turd with his bare hand. Afterwards, the student stated. "We...
I don t like stories about dog turd forex don't have too much to do with economics, it is a separately technical world
  • #655,206
  • Mar 31, 2022 7:32am Mar 31, 2022 7:32am
Quoting maxi444
{quote} I don t like stories about dog turd forex don't have too much to do with economics, it is a separately technical world
yes and no.... for me in forex chart is where I see result... and economics term like gdp..cpi...is just a reason for a result.. hahaha... when I see news.. I just need to know the time and its volitile.. and for note.. NFP is tomorrow...hehehe... carefull with that one..
  • #655,207
  • Mar 31, 2022 7:39am Mar 31, 2022 7:39am
Quoting Zairul
{quote} yes and no.... for me in forex chart is where I see result... and economics term like gdp..cpi...is just a reason for a result.. hahaha... when I see news.. I just need to know the time and its volitile.. and for note.. NFP is tomorrow...hehehe... carefull with that one..
yes, a German politician said that only the result is important
  • #655,208
  • Mar 31, 2022 8:03am Mar 31, 2022 8:03am
At last price move on northen. Today all pawned all pip with no sl hitted today. XD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #655,209
  • Mar 31, 2022 8:11am Mar 31, 2022 8:11am
Quoting Wavegarrick
{quote} It has been a mixed week for me with some gains and some losses. I have attached the daily chart which gives me a clearer perspective overall. I am noticing daily bullish rejection candle wicks and more so want to see green candles. I want to see a weekly close above 1.32000. Anyway enough of my wish list, A daily close below 1.31500 could see more bearish pressure for me. Have a great weekend. Cheers. {image}
Hi Guys,
I am getting subtle bullish hints from a 4hr perspective. Nothing cast in stone yet. I will use the pullback to enter buy trades.
Trade safe,
Cheers.
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Trade to trade another day
  • #655,210
  • Mar 31, 2022 8:11am Mar 31, 2022 8:11am
Any guesses till where? yesterday high?
  • #655,211
  • Mar 31, 2022 8:14am Mar 31, 2022 8:14am
gu is the best of the best, like to collect money from the street
  • #655,212
  • Mar 31, 2022 8:16am Mar 31, 2022 8:16am
potential bobble breakout on the 4 hour high alert for breakout tonight!!!!
  • #655,213
  • Mar 31, 2022 8:23am Mar 31, 2022 8:23am
Fingers crossed for 1.322. are we gonna see it tonight? Last day for March
  • #655,214
  • Mar 31, 2022 8:29am Mar 31, 2022 8:29am
Quoting Nd10
Fingers crossed for 1.322. are we gonna see it tonight? Last day for March
it will be great, but 110 pips for today is maybe too much
  • #655,215
  • Mar 31, 2022 8:29am Mar 31, 2022 8:29am
Quoting Nordling
{quote} Exactly! GDP is not the net number, it is the total amount of the transactions. I can import billions of $ worth of goods but export nothing, produce nothing but still have a high GDP. That would result in inflation and loss of currency value though. So actually we gotta categorise the growth as good and bad growth.
you can't import GDP that would be a negative number in your example
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #655,216
  • Mar 31, 2022 8:31am Mar 31, 2022 8:31am
Quoting Nd10
Fingers crossed for 1.322. are we gonna see it tonight? Last day for March
very possible if the bobble bo and j hook pattern confirms but looks very promising.
  • #655,217
  • Mar 31, 2022 8:43am Mar 31, 2022 8:43am
gbpjpy short
Lets aim the next level
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My telegram: https://t.me/avidforex
  • #655,218
  • Mar 31, 2022 8:45am Mar 31, 2022 8:45am
And now, I see 1.335. Am I too Ambitious?
  • #655,219
  • Mar 31, 2022 8:53am Mar 31, 2022 8:53am
Quoting Bones
{quote} you can't import GDP that would be a negative number in your example
In the net import-export difference, yes. In the personal and state spending sections it would be a positive number.
You have to have an IQ higher than 90 to interact with this user.
  • #655,220
  • Mar 31, 2022 9:07am Mar 31, 2022 9:07am
Quoting Nordling
{quote} In the net import-export difference, yes. In the personal and state spending sections it would be a positive number.
yea
its taken care of in imports/exports section, the positive number in spending is actually neutral on imports for a GDP read.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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