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Cable Update (GBPUSD)

  • #718,541
  • Jan 6, 2023 4:47am Jan 6, 2023 4:47am
Quoting Waveskierrob
{quote} you can't win them all but you do win most, thanks for your transparency ...

But... but, I haven't eaten yet..... need to buy my lunchhhhh...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #718,542
  • Jan 6, 2023 4:49am Jan 6, 2023 4:49am
Quoting FulMargnAlch
Just a small try, if wrong, I criii. {image}
When 2m ended its down swing in a higher low, I entered a small test scalp buy--hit TP.
To free Gazans of Hamas, use whatever it takes.
  • #718,543
  • Jan 6, 2023 4:50am Jan 6, 2023 4:50am
Quoting dantpm
{quote} Mr. Wolf, please qualify bad. I believe that if NFP comes out lower than expected (what the FED has stated they want) than the probability of a rate increase is reduced, the USDX falls and GU rises. Unless MM's choose to simply go in the other direction because of the market bias.
From what I've studied and read about, and have listened about (ton of sources). Bad means -75K or more from the forecasted number. If the forecast is 200K, then if actual is 125K or less we will witness big impact. Same goes for +75k or more..
  • #718,544
  • Jan 6, 2023 4:51am Jan 6, 2023 4:51am
Quoting Pat Chiko
{quote} But... but, I haven't eaten yet..... need to buy my lunchhhhh...
Attached Image (click to enlarge)
Click to Enlarge Name: Whole30 Dinner Recipes {Easy & Delicious Whole30 Meal Plan Ideas}.jpg Size: 42 KB
  • #718,545
  • Jan 6, 2023 4:51am Jan 6, 2023 4:51am
Quoting clemmo17
{quote} What are the odds of that after such stellar job numbers?
Hahaha, slim to none ? LoL..
  • #718,546
  • Jan 6, 2023 4:52am Jan 6, 2023 4:52am
Sideways for the next 2.5 hours?
  • #718,547
  • Jan 6, 2023 4:53am Jan 6, 2023 4:53am
Quoting TheWolf
If NFP comes out bad, USD will fall OF COURSE.. (pointing the obvious).. What will bring the price down again however? Perhaps that Putin is about to launch nuclear strike maybe? Hmm..
A nuclear attack shouldn't make the USD fall while money flow to safe havens like JPY and CHF?
More time in the market, does not mean you trade better!
  • #718,548
  • Jan 6, 2023 4:54am Jan 6, 2023 4:54am
Quoting Waveskierrob
{quote} Good job I have patience on my side ...
How did you learn this skill?
  • #718,549
  • Jan 6, 2023 4:54am Jan 6, 2023 4:54am
Quoting DrDave
{quote}When 2m ended its down swing in a higher low, I entered a small test scalp buy--hit TP.
Yeah looks like to me that sellers are exhausted.
The market hides a perfect geometry.
  • #718,550
  • Jan 6, 2023 4:54am Jan 6, 2023 4:54am
We will see what's happening now..

Still, that Daily confirmation of EUR/USD to Short is still in the back of my mind. I mean it all screams to short Pound.. whatever.. we will see how the price is behaving before NFP. Until then, I'm done talking about NFP..
  • #718,551
  • Jan 6, 2023 4:56am Jan 6, 2023 4:56am
Quoting FulMargnAlch
{quote} Yeah looks like to me that sellers are exhausted.
Wouldn't count on that exhaustion. Been waiting for it the past 24hrs or so...
  • #718,552
  • Jan 6, 2023 4:56am Jan 6, 2023 4:56am
Quoting TheWolf
{quote} To tell you the truth, noone really wanted Euro in Croatia. It's just that media is presenting a picture that we did.. Noone wanted Euro and it's a mess in stores right now.. Citizens are never asked anything unfortunately, that's how the world works. Some people just think their voice actually matters..
The same thing happened in Lithuania 8 years ago, all the media was shouting that EUR will be the best thing to have. The country gave away its currency. And now people are paying the price for it.
Sad thing is that most people dont understand how economy and world works (and neither do I).
So we have what he have and have to live with that.

Markets also are cruel, trade safe.

  • #718,553
  • Jan 6, 2023 4:56am Jan 6, 2023 4:56am
Quoting MrFanciful
{quote} How did you learn this skill?
BIG BANK small lots ...
  • #718,554
  • Jan 6, 2023 4:56am Jan 6, 2023 4:56am
Quoting Fardeen1209
{quote} A nuclear attack shouldn't make the USD fall while money flow to safe havens like JPY and CHF?
I was thinking just that! If NFP comes out bad, USD starts to fall and then Putin comes out and price starts to fall because of safe haven status for USD.

I'm writing fuc*ing nonsense.. just forget it.. LoL
When I start writing this nonsense posts that means I'm drinking coffee. Side effect I guess..
  • #718,555
  • Jan 6, 2023 4:58am Jan 6, 2023 4:58am
No room to go down anymore unless news result sentiment. Before upcoming news.. bull take over
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #718,556
  • Jan 6, 2023 4:59am Jan 6, 2023 4:59am
Quoting BrainBucks
{quote} Wouldn't count on that exhaustion. Been waiting for it the past 24hrs or so...
Thanks for your opinion. The only problem here is the exhaustion happened on M5 which I am unsure if it will hold against that H4 dump.
The market hides a perfect geometry.
  • #718,557
  • Jan 6, 2023 5:00am Jan 6, 2023 5:00am
Quoting TheWolf
We will see what's happening now.. Still, that Daily confirmation of EUR/USD to Short is still in the back of my mind. I mean it all screams to short Pound.. whatever.. we will see how the price is behaving before NFP. Until then, I'm done talking about NFP..
Daily is far, far away from M5, so there can be a lot of TFs go into buyable up moves that still do not negate the D1 status. TFs much closer to D1 must turn up for any chance that your D1 down bias can be negated. I am interested in seeing H8 up before I have any concerns about what D1 is doing.
To free Gazans of Hamas, use whatever it takes.
  • #718,558
  • Jan 6, 2023 5:02am Jan 6, 2023 5:02am
Quoting Pat Chiko
{quote} GU Revision on NFP set up. Going to find short Set up for N3. Using M30 or H1 TF{image}

GU

Maybe this set up looks interesting for NFP.

Any view and comments welcome.
Be "foresight" not "Hindsight" comments are the one we can learn from.
After the fact comment is just like a commentator talk a but the football match that has ended 2 hours ago,
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #718,559
  • Jan 6, 2023 5:02am Jan 6, 2023 5:02am
Quoting TheWolf
{quote} I was thinking just that! If NFP comes out bad, USD starts to fall and then Putin comes out and price starts to fall because of safe haven status for USD. I'm writing fuc*ing nonsense.. just forget it.. LoL When I start writing this nonsense posts that means I'm drinking coffee. Side effect I guess..

I would not believe that a simple NFP data would have such a drastic effect. That everyone will run to exchange USD.
lol.
  • #718,560
  • Jan 6, 2023 5:02am Jan 6, 2023 5:02am
Quoting Pat Chiko
{quote} GU Maybe this set up looks interesting for NFP. Any view and comments welcome. Be "foresight" not "Hindsight" comments are the one we can learn from. After the fact comment is just like a commentator talk a but the football match that has ended 2 hours ago,{image}
Pat! Did we just have the retest of the R at 1.1942 on Daily Chart? Yesterday's candle breaking the Support? Thanks!
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