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Cable Update (GBPUSD)

  • #691,661
  • Oct 4, 2022 1:05pm Oct 4, 2022 1:05pm
Quoting thevisitor
Long for a final push up 1.1432 Sl is positive{image}
Out + 32
Good night all!!
  • #691,662
  • Oct 4, 2022 1:06pm Oct 4, 2022 1:06pm
shorted at 1.14626
"Exchange of hands"
  • #691,663
  • Oct 4, 2022 1:16pm Oct 4, 2022 1:16pm
Very nice holding and will look for more long opportunities I値l probably close some trades after we meet our high today depends on the PA but as far as I知 concerned gbp usd and eurusd upside has only begun !
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Master your mind. Master Trading.
  • #691,664
  • Oct 4, 2022 1:22pm Oct 4, 2022 1:22pm
Quoting Pat Chiko
{quote} GU Thanks for the suggestion. I follow your idea. Here's my chart (cannot show you the money, Karen will get angry) {image}
GU

Inducement for seller to get into short.
Add position.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,665
  • Oct 4, 2022 1:26pm Oct 4, 2022 1:26pm
Quoting KareemAliFx
Very nice holding and will look for more long opportunities I値l probably close some trades after we meet our high today depends on the PA but as far as I知 concerned gbp usd and eurusd upside has only begun ! {image} {image}
Nice trades Bro.

Relief rallies are nice...but best not be too short term in outlook.
That's what you've said.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,666
  • Oct 4, 2022 1:29pm Oct 4, 2022 1:29pm
...updated upside fibs below
4 fib cluster 1530-40
---------------------------
Looks like we're likely gonna have 6 consecutive bullish-bodied candles on the gmt+3 charting feed (after the steepest desc t/line breach,) @ dly close on this t/f. (An uncommon occurrence!)

Dly below, then fibs list.
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Trader with an Edge.
  • #691,667
  • Oct 4, 2022 1:29pm Oct 4, 2022 1:29pm
Quoting Pat Chiko
{quote} GU Thanks for the suggestion. I follow your idea. Here's my chart (cannot show you the money, Karen will get angry) {image}
Wow Pat, you are loaded!
We can count you know circa ｣6,700, money growing on charts for you my friend. Mexican sun made wonders GL, J
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  • #691,668
  • Oct 4, 2022 1:33pm Oct 4, 2022 1:33pm
Quoting Pat Chiko
{quote} Nice trades Bro. Relief rallies are nice...but best not be too short term in outlook. That's what you've said.
In my most honest opinion.. this is not a relief rally as it is a trend change. Time will reveal the truth. cheers
Master your mind. Master Trading.
  • #691,669
  • Oct 4, 2022 1:35pm Oct 4, 2022 1:35pm
Quoting Wavegarrick
{quote} Let me tell you, Hedging strategies work in ranging markets and with proper compounding can be good until the trend starts. I have for months and years tested it with consistent profits until real trends started. I have the best hedge Ea's available to you and I don't recommend anyone of them. Cheers.
To hedge u really asking for trouble..I am glad to see u still in here Leon
  • #691,670
  • Oct 4, 2022 1:36pm Oct 4, 2022 1:36pm
...will the 5min bullish hidden div see a with 30min/1hr+ trend follow thru to a new trend hi above current dly hi? Nice bounce from top of that prev 1hr/minor 4hr sw hi zone = prev res = pot rbs.

5min then 1hr below
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Trader with an Edge.
  • #691,671
  • Oct 4, 2022 1:36pm Oct 4, 2022 1:36pm
Quoting KareemAliFx
{quote} In my most honest opinion.. this is not a relief rally as it is a trend change. Time will reveal the truth. cheers
hopefully
I give u one thing u have good instincts
  • #691,672
  • Oct 4, 2022 1:36pm Oct 4, 2022 1:36pm
Quoting KareemAliFx
{quote} Hold longs and load up on more as we pull back my friend USD is going to tank from here on out Gold is a safe haven
GOLD

Thanks Kareem...........
It was 3rd October, now already 1,000 pips.

Any suggestion when to cash out >?
Appreciate your suggestion.

Best Wishes
PAT


P/S This is what Gold look like if it is a human...
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,673
  • Oct 4, 2022 1:38pm Oct 4, 2022 1:38pm
Quoting Georginson
{quote} This is actually a cause for more concern... Has the war In Ukraine ended? Putin joined signed to annex Four Ukraine territories, Ukraine also asked for quick Nato membership... Fed still not slowing down on rate hikes, so what wants to actually stop the dollar from further rallies? Check other top economies they are struggling too and remember that Dollar still remain the reserve currency and safe haven... This isn't looking like it's ending in the immediate term.
I think the difference is for me..charts are a leading indicator, so i kinda see it in reverse
  • #691,674
  • Oct 4, 2022 1:39pm Oct 4, 2022 1:39pm
Quoting Jolita
{quote} Wow Pat, you are loaded! We can count you know circa ｣6,700, money growing on charts for you my friend. Mexican sun made wonders GL, J{image}

With some luck and Mr Kareem Ali wisdom helps me in my decision.
Good guy but bit hard.........
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,675
  • Oct 4, 2022 1:40pm Oct 4, 2022 1:40pm
Long Follow Up
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  • #691,676
  • Oct 4, 2022 1:44pm Oct 4, 2022 1:44pm
Quoting Pat Chiko
{quote} GOLD Thanks Kareem........... It was 3rd October, now already 1,000 pips. Any suggestion when to cash out >? Appreciate your suggestion. Best Wishes PAT P/S This is what Gold look like if it is a human...{image}
Now let me explain to you something. At the moment, as I called last week USD is tanking and I gave my reason. Now shorts have increased astronomically and look at this enormous upside. Now shorts increasing is important for price to continue to rally as shorts close their positions in a loss what do they have to do ? BUY, therefore this pushes price even further. You must understand where there is sellers there must be BUYERS , everyone is selling right now ? Cool I知 buying. Let me tell you, DO NOT be surprised if this pumps even harder. Shorts will get rekt !
Master your mind. Master Trading.
  • #691,677
  • Oct 4, 2022 1:45pm Oct 4, 2022 1:45pm
...tomorrow the notoriously unreliable/pretty useless ADP forecast of Friday's U.s NFP, may still cause a flutter. To be fair they have got better in recent times. Friday of course will see the real number, well at least up until any revision in November! The U.s Jolts vacancies were well down today so is that an indicator of a bad Nfp number to come? Could see some $ weakness if that comes to be...will it alter the fed's thinking in this event? Never write off the chances of more $ strength, but we might be @/approaching a longer-term swing point in this pairing? Maybe it was 1.0327?
Trader with an Edge.
  • #691,678
  • Oct 4, 2022 1:45pm Oct 4, 2022 1:45pm
Quoting nAVIN2007
{quote} To hedge u really asking for trouble..I am glad to see u still in here Leon
Thanks Navin,
It is because there are some awesome Folks here, It is not because I want to be here. It is because they make me want to be here.
Cheers,
Trade to trade another day
  • #691,679
  • Oct 4, 2022 1:51pm Oct 4, 2022 1:51pm
Quoting KareemAliFx
{quote} Now let me explain to you something. At the moment, as I called last week USD is tanking and I gave my reason. Now shorts have increased astronomically and look at this enormous upside. Now shorts increasing is important for price to continue to rally as shorts close their positions in a loss what do they have to do ? BUY, therefore this pushes price even further. You must understand where there is sellers there must be BUYERS , everyone is selling right now ? Cool I’m buying. Let me tell you, DO NOT be surprised if this pumps even harder....
Thanks again Techanalyst Kareem Ali (sorry typo).
Crystal clear now, thanks

You speaks because the concept is crystal clear in your mind and so presenting the idea is near effortless to you; almost as if you were asked to read a book that is in front of you.

Best Wishes & Appreciate your effort in helping me.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #691,680
  • Oct 4, 2022 1:52pm Oct 4, 2022 1:52pm
Quoting Wavegarrick
{quote} Thanks Navin, It is because there are some awesome Folks here, It is not because I want to be here. It is because they make me want to be here. Cheers,
Well thanks, I've seen you've unignored me as well .....
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