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Cable Update (GBPUSD)

  • #668,261
  • Jul 9, 2022 1:20pm Jul 9, 2022 1:20pm
"No I'm Spartacus"
  • #668,262
  • Jul 9, 2022 1:21pm Jul 9, 2022 1:21pm
Quoting Waveskierrob
"No I'm Spartacus"
Would the real Spartacus - Please stand up, Please stand up, Please stand up....
Trader with an Edge.
  • #668,263
  • Jul 9, 2022 2:24pm Jul 9, 2022 2:24pm
Quoting Wavegarrick
{quote} Now this is why I have such a negative view on this whole thing. There are subtle hints thrown at me all the time. Waveskierrob has been trolling me here and in various other threads and I have stopped posting my views. I ask myself why?. Is Waveskierrob, Pat and is Pat, Martinez. I just don't know but it has hindered my participation here surely I have to ask Twee to intervene, Cheers
Leon, we have the ugly people here from time to time, but they disappear quickly after hearing an earful of our criticism. I don't believe @Waveskie "dedicated" his picture, particularly to someone. I consider his post as a general comment.
Always trade your own plan...I don't provide trading signals.
  • #668,264
  • Jul 9, 2022 3:41pm Jul 9, 2022 3:41pm
The candles weekly are closing with rejection, but the bulls need to close an candle above the trendline for to confirm the movement reverse..

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Together we can be strongest
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  • #668,265
  • Jul 9, 2022 3:41pm Jul 9, 2022 3:41pm
Haha guys.. I think you need to go offline on weekends when there’s no movement, otherwise you’re all going bears on bulls on each other’s throats due to lack of (or rather absence of) price movement.
  • #668,266
  • Jul 9, 2022 3:53pm Jul 9, 2022 3:53pm
Quoting Wavegarrick
{quote} I will from now refer to you as Pat Chiko, because you are him and I find it sickening that Pat could Like his own posts and subscribe to himself. I don't care what happens to me but the truth will prevail. There is corruption here which needs to be investigated and I will not allow noobs to be sucked into your scheme
Hello,

But what it scheme about, just wanna clarify for myself? I just haven't seen any scheme, it's looks like accusation for me..
  • #668,267
  • Jul 9, 2022 3:56pm Jul 9, 2022 3:56pm
If he says, that´s it 100 accuracy.

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POSTMASTER
  • #668,268
  • Jul 9, 2022 4:50pm Jul 9, 2022 4:50pm
Quoting martinez1
Please let us stop fighting in this forum, it does no good to the thread. It also divides your attention and focus/ commitment to the success in your trading Be LIKE ME, HAVE NEVER HAD A FIGHT WITH ANYONE IN THIS FORUM FOR THAN 10 YEARS OF BEING A MEMBER. LOVE AND LET ALL YOUR FOCUS BE CHANEL ON BEING A BETTER TRADER. God's love
Why are you messaging me in inbox that you are a Pat when you're clearly not?? Copy of the message: yo it's me Pat, let's have some fun in the forum just say you are Headland and I will message him to confirm hahah
  • #668,269
  • Jul 9, 2022 4:52pm Jul 9, 2022 4:52pm
Why started as fun turned to be a problem so let's just stop all of this nonsense. Headland just confirm you got the message from Martinez so can move on, thanks! See you tommorow, I think I might have a signal to start my first Daily trade. GL
  • #668,270
  • Jul 9, 2022 5:03pm Jul 9, 2022 5:03pm
Upper House Elections (JPY) High-Impact News.
Wonder what kind of effect this will have on Yen..
  • #668,271
  • Jul 9, 2022 6:12pm Jul 9, 2022 6:12pm
Quoting Wavegarrick
{quote} 1.2305 is a must for me folks by end of next week. Of course I could be wrong. Trade well, Cheers

i wrote same to George on Friday 1.17 may also come after the summer holiday but I think we should see 1.2250 before next drop

1.2250 and 1.25 before another drop I would love to see 1 of this
MY OPINION NOT FINANCIAL ADVISE
  • #668,272
  • Jul 9, 2022 6:17pm Jul 9, 2022 6:17pm
Quoting Wavegarrick
{quote} Now this is why I have such a negative view on this whole thing. There are subtle hints thrown at me all the time. Waveskierrob has been trolling me here and in various other threads and I have stopped posting my views. I ask myself why?. Is Waveskierrob, Pat and is Pat, Martinez. I just don't know but it has hindered my participation here surely I have to ask Twee to intervene, Cheers
There was a young new trader here who have same view of this Ihlas . If u remember him
MY OPINION NOT FINANCIAL ADVISE
  • #668,273
  • Jul 9, 2022 6:19pm Jul 9, 2022 6:19pm
Quoting martinez1
{quote} Baba see me oooo, this guys de say i dey use double account. Wahala no go finish oooo Lol




try to enjoy ooo
MY OPINION NOT FINANCIAL ADVISE
  • #668,274
  • Jul 10, 2022 12:34am Jul 10, 2022 12:34am
Quoting Robinhood1
If he says, that´s it 100 accuracy. {image}
That's shit! 1.03 on cable? Forget this and stop loosing your money men! Like with this BTC last time! Start doing your own analysis and you will be fine! Cheers!
People don't plan to lose. They lose because they don't plan.
  • #668,275
  • Jul 10, 2022 12:58am Jul 10, 2022 12:58am
Quoting ScalaFX
{quote} That's shit! 1.03 on cable? Forget this and stop loosing your money men! Like with this BTC last time! Start doing your own analysis and you will be fine! Cheers!
1.03 Cable? I guess EUR/USD would be at 0.82 then.. Now that ECB is starting to raise interest rates, however small, I don't see Euro falling as hard as this anymore. All of the catastrophes are priced in and don't expect the price to keep dropping as hard as it did. Not gonna call any reversal actually, because we don't know and we are still in down-trend. If banks decide to push the price even lower that's what we are going to have. It depends how much money is long, if there are many people calling reversal I don't think we are going to see one. At least if I were them (the banks) I would intentionally push the Euro 200, 300 pips below parity to ensure I get all the dumb money before starting a reversal. Also Pound wasn't convincing enough on Friday and Daily candle did not close above 1.2150 and by my chart this is the crucial level price has to close above so that I can maybe start even thinking about reversal. We are not even close to that price yet.
  • #668,276
  • Jul 10, 2022 1:36am Jul 10, 2022 1:36am
I find something interesting though. We know that when the price on Cable starts to go up, the price of USD/CAD consequently starts falling of course. By looking at the Daily chart USD/CAD I noticed the price respected the 1.3080 level 3 times already and this could be relevant for a week to come. I also noticed something which banks almost always do before some big move up or down and that is that they make sure to catch as much as SL's as they can before heading the other direction. So, by looking at the Daily candle on USD/CAD we can see that the last Daily candle left a pretty big spike up before ultimately going down. With this info the chances we are going to see the price continue to go down are very likely, consequently we should be seeing the price on GBP/USD, then, also, to continue to go up.
As nice as this looks and sounds, technically, there are however news that could change the whole picture namely speeches from Bailey. Wednesday is also going to be crucial for Pound (GDP).
  • #668,277
  • Jul 10, 2022 1:43am Jul 10, 2022 1:43am
Quoting callmegood
Haha guys.. I think you need to go offline on weekends when there’s no movement, otherwise you’re all going bears on bulls on each other’s throats due to lack of (or rather absence of) price movement.
Nothing to do with being bull/bear or price, someone made an accusation using my name, just want them to justify it, with evidance, I'm sure the other two mentioned will feel the same :-)
  • #668,278
  • Jul 10, 2022 1:53am Jul 10, 2022 1:53am
Quoting Waveskierrob
{quote} Nothing to do with being bull/bear or price, someone made an accusation using my name, just want them to justify it, with evidance, I'm sure the other two mentioned will feel the same :-)
Honestly, if I had to accuse anyone of having a duplicate account then you two definitely hit the mark. You both have Wave in your name, so...

Haha
  • #668,279
  • Jul 10, 2022 2:14am Jul 10, 2022 2:14am
Quoting Robinhood1
If he says, that´s it 100 accuracy. {image}
This I'm about to type will not be liked by many and I have earlier on forecasted 1.38 happening again this year but right now I'm having reasons to doubt it.

Here are reasons I'm thinking pound will likely crash to 1.03 within 15 months from now...

✓ in year 2008 GU traded at 2.0391 high and crashed to 1.43 low, then followed up by another crash to 1.35 in year 2009. This crash contains approximately 6900 pips...

✓ in 2014 July, price reached 1.7190 being approximately 3650 pips bounce off the low of 1.35 recorded in year 2009.

✓ from July 2014 high of 1.7190, price crashed again to 1.14 low in year 2016 October, the crash contains 5800 pips.

✓ From October 2016 Low of 1.14, price surged to April 2018 High of 1.4375. this contains Approximately 3000 pips.

Summarized Observations
✓It crashes between 6900 pips to 5800 pips, then rises between 3650 pips to 3000 pips;
✓the duration of the crash and rise has been between 5 - 6 years interval (Year 2008/2009 to year 2014, Year 2014 to year 2016/2020)

The initial year 2008 low of 1.43 acted as resistance in year 2018 and year 2021 high of 1.4375 / 1.4249

This current year 2022 has broken down 1.1958 support of September 2019 low and next significant support is 1.14 low of year 2016 and year 2020...

Other significant Clues....
✓Eurusd broke down to almost parity (1.0072) last week
✓Usdjpy broke over 20 years high touching (137.xx) recently

If year 2008 was considered as global financial crises which was the excuse for such fall from 2.0391 to 1.43 in a year, what excuse was responsible for the drop from 1.7190 in July 2014 to 1.45 In April 2015?

The handwriting is fast thickening as the beginning of new shift in exchange rate movement and the earlier retail traders start thinking of such possibility the better positioned they will be to avoid fatal losses.

Please this is my out of the box view with no obligation to attack or follow.
Data + Stat + Risk/Emotions Management
  • #668,280
  • Edited 2:07pm Jul 10, 2022 2:28am | Edited 2:07pm
Likely range up next week while target 2165 +, say 2230 /67 to 2311 decide next action, weekly may doji, small bull candle! though if the wave end down the logically target 2409! Not doing yet due huge taking still very possible, that is analysis is baised due tanking fear! Lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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