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Cable Update (GBP/USD) without Idiots 23 replies

Is it just me or is cable acting random? 44 replies

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Cable (GBPUSD) vs Euro (EURUSD) 26 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

It can come down some more before going up again imo, because it has already retraced from the previous drop and its testing its lows again
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,070 Posts | Online Now
Quoting Moty
triple bottom or potential drop ? {image}
The way that this has been playing games all day, who knows!
Stubborn, often slow but still learning!
aussie , i was expecting the retrace
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Quoting Moty
triple bottom or potential drop ? {image}
Moty,
i have no clue about your indicators .

Obviously they are not showing a buy signal..
It looks like this descending triangle pattern, u understand
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I'll give me and my bowl of candy to whomever finds me a serious bull left for today! tripple 15m bottom here?
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If I don't mention SL and TP = longer-term setup possibly in the works!
Quoting Moty
aussie , i was expecting the retrace {image}
this cable thread my friend
USD/JPY go to 150 once more please..
Non-Farm should get the job done tommorow.

And then, we just wait for free 500 pips when Kuroda wakes up..
Hihihihi..

Although USD seems to be having some difficulties reaching this level, there's no momentum at all..
I FIND THIS PARTICULARLY SUSPICIOUS!!

Pound fell 400 pips from yesterday and USD hasn't moved much at all against Yen!

Something is lurking in the shadows.. and it's not me..
Easiest time to make money has just come..
Hint: Buy USD against everything..

Tommorow is Friday, I expect a good Weekly retracement after which even banks won't take me out of my short orders once they're activated..
I'll wait for Elections actually because I don't know what on Earth will happen to the USD on that day. After that, I mean.. I'll start buying USD against every pair.
Smaller lot size, easy.. after a few weeks I should have a thousand or two worth of pips.. just my take on this..

Monday and Tuesday are probably going to be a trash days where price will range until Elections..
Quoting thevisitor
{quote} Moty, i have no clue abot your indicators . Obviously they are not showing a buy signal..
I fired the pivot, he was the one who told me to buy there
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Quoting Moty
{quote} I fired the pivot, he was the one who told me to buy there {image}
much better now
Elections could create a complete chaos this time and I won't have an open trade on that day.. who knows what can happen.. highly irrational price action is possible on that day if not some crash happening..
Quoting TheWolf
Easiest time to make money has just come.. Hint: Buy USD against everything..
I'm confused????

So are you saying: SELL Cable, SELL Euro, SELL Aussie???
...because you never know - until you do!
Quoting Moty
triple bottom or potential drop ? {image}
You may have a look at weekly S1
Trade your plan
Quoting TheWolf
Easiest time to make money has just come.. Hint: Buy USD against everything.. Tommorow is Friday, I expect a good Weekly retracement after which even banks won't take me out of my short orders once they're activated.. I'll wait for Elections actually because I don't know what on Earth will happen to the USD on that day. After that, I mean.. I'll start buying USD against every pair. Smaller lot size, easy.. after a few weeks I should have a thousand or two worth of pips.. just my take on this.. Monday and Tuesday are probably going to be a trash...
oh boy my friend, I sure wish that you are right. In my experience, it is never that easy, but I only have my own limited perspective, and I really admire your creativity !

Maybe you want to do some compounding. If that is the case, only have trades in profit when adding new ones. Take what market offers, not try to take what you desire. It is my belief that that would make things much easier on you.

Good luck in your long-term endeavors! May all your hard work bring you lots and lots of your favorite fruit!

P.S I and many other traders never ever take elections into account, not in my 16 years of trading forex, so I wouldnt let it affect your trading decision, but of course I firstly encourage every trader to continue following their own path no matter what. Many paths lead to your Rome !
If I don't mention SL and TP = longer-term setup possibly in the works!
Moty Audusd longer term trend is down. Short term trend is up.
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All falls into places as per my previous drawing on daily chart. Lets wait and see if support 1.11 holds.
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  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,070 Posts | Online Now
Quoting thevisitor
{image}
Tomorrow is non-farm payroll, I believe that the data is unlikely to surprise anyone or have any impact on fed interest rates. That said it should be more data supporting a stronger US Dollar and weaker pound.
Stubborn, often slow but still learning!
Trading= flexibility.
Never focus in one direction!
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