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Cable Update (GBPUSD)

  • #733,681
  • Mar 3, 2023 1:38am Mar 3, 2023 1:38am
Quoting riprider
{quote} Dxy looks bearish today. Maybe it breaks 104.50 and then down to 103.8xx. Looking for entries on Cable and Gbp/Jpy if it breaks down.?
I agree with you, and if the red news coming up later is below expectation, DXY will fall below 103, but the caveat is provided there's no sudden breaking news
  • #733,682
  • Mar 3, 2023 1:40am Mar 3, 2023 1:40am
Quoting palpite
I'll wait the price cross the MA200-M1. {image}
the bullish trend is almost here
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 21 KB
yes yes yes
  • #733,683
  • Mar 3, 2023 1:40am Mar 3, 2023 1:40am
Quoting mysterio
{quote} first sell in at 1.1993 target 1.1910
second sell in, same price
  • #733,684
  • Mar 3, 2023 1:43am Mar 3, 2023 1:43am
am sure support and resistance traders are over the moon right now. Three (3) good instances price has found support

Attached Image (click to enlarge)
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  • #733,685
  • Mar 3, 2023 1:44am Mar 3, 2023 1:44am
Not an easy day. Wait until NY to trade again
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #733,686
  • Mar 3, 2023 1:47am Mar 3, 2023 1:47am
Quoting BeeTogether
{quote} data better than expected… let’s get a spike
by .2% and it deserves a spike?
  • #733,687
  • Mar 3, 2023 1:48am Mar 3, 2023 1:48am
Quoting eyefeelsix
{quote} Trend Plan is your friend. {image}
out of plan, closed all together
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 23 KB
https://breakpullback.com
  • #733,688
  • Mar 3, 2023 1:49am Mar 3, 2023 1:49am
People here grasp the concept that DXY is not actually real right? That the GBP USD is not correlated to a USD index .... right? I'm literally watching my UK and US index 15min views and UK has moved down but US is sluggish to really go up. Why the hell are people trading the GBP this way ??!! Are you frickin crazy ? You're not trading you're hoping.
Real Trading is not gambling.
  • #733,689
  • Mar 3, 2023 1:50am Mar 3, 2023 1:50am
Hello everyone in here !

Hope all of you have great day's going on !

I'm from UK and trying to learning forex trading since last year and now a days i trust that i'm prepare to open real account for live trading as day trader.
I'm here seeking for help from all of you about some great and best broker list who have long reputation about trading platform and most importantly withdrawing payments whatever you like based in the UK.

I believe i will get honest opinion based on real experience that all of you have in here.

I will appreciate all of your positive and constructive feedback in this regards as mentor.

wish you all the very best for your daily trading efforts.
  • #733,690
  • Mar 3, 2023 1:52am Mar 3, 2023 1:52am
Quoting Yngwie
Not an easy day. Wait until NY to trade again
It's been going UP UP UP ALL DAY til now ... now....now !! What's hard about that ??

Are you people seriously do it this way?? WOW. Oh my gosh.
Real Trading is not gambling.
  • #733,691
  • Mar 3, 2023 1:55am Mar 3, 2023 1:55am
Quoting Moty
{quote} the bullish trend is almost here {image}
See the wave, it's a pullback.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 10 KB
Together we can be strongest
Vantage Return This Month: na
  • #733,692
  • Mar 3, 2023 1:56am Mar 3, 2023 1:56am
Quoting PeterCaleb
{quote} It's been going UP UP UP ALL DAY til now ... now....now !! What's hard about that ?? Are you people seriously do it this way?? WOW. Oh my gosh.
you can show us how to do. always open to learn something new;-)
trading is like dancing, don't think and just listen to the music!
  • #733,693
  • Mar 3, 2023 1:57am Mar 3, 2023 1:57am
I'd be surprised if they left all these stops alone.
Attached Image (click to enlarge)
Click to Enlarge Name: 2023-03-03 09_56_05-cTrader 4.6.3.png Size: 40 KB
  • #733,694
  • Mar 3, 2023 1:58am Mar 3, 2023 1:58am
Quoting mrbari007
Hello everyone in here ! Hope all of you have great day's going on ! I'm from UK and trying to learning forex trading since last year and now a days i trust that i'm prepare to open real account for live trading as day trader. I'm here seeking for help from all of you about some great and best broker list who have long reputation about trading platform and most importantly withdrawing payments whatever you like based in the UK. I believe i will get honest opinion based on real experience that all of you have in here. I will appreciate all of your...
icmarkets - not sure if it works in UK tho.
How to succeed in zero sum game?
  • #733,695
  • Mar 3, 2023 1:59am Mar 3, 2023 1:59am
Quoting mysterio
{quote} second sell in, same price
hopefully the last of the shakeouts but, as ever with forex it can always make a move counter to your expectation so i'll set my stop to BE here and re-evaluate if i get stopped.
  • #733,696
  • Mar 3, 2023 2:01am Mar 3, 2023 2:01am
Quoting PeterCaleb
People here grasp the concept that DXY is not actually real right? That the GBP USD is not correlated to a USD index .... right? I'm literally watching my UK and US index 15min views and UK has moved down but US is sluggish to really go up. Why the hell are people trading the GBP this way ??!! Are you frickin crazy ? You're not trading you're hoping.
There is definitely a negative correlation between DXY and GU, but the correlation is not likely to reach 100%.
My opinion is that there is no need to consider the correlation factor at all. If the correlation between the two reaches 100%, then the trend is the same or opposite, just check a variety.
If the correlation between the two is not 100%, then how do I know they will be correlated in the next moment?
So, my conclusion is that there is no need to consider correlation, just focus on one species.
Just follow the trend.
  • #733,697
  • Mar 3, 2023 2:03am Mar 3, 2023 2:03am
Quoting dempire1
{quote} icmarkets - not sure if it works in UK tho.
I'm in the UK and use IC Markets. Mostly because it allows 1:500 and is in the Seychelles tax juristiction. My goal, once consistently profitable, is to open an Offshore Business in the Seychelles, know as an IBC, to trade through as an employee of that company. IBC's in the Seychelles don't pay any tax.
  • #733,698
  • Mar 3, 2023 2:04am Mar 3, 2023 2:04am
Quoting lucaswalliam
{quote} There is definitely a negative correlation between DXY and GU, but the correlation is not likely to reach 100%. My opinion is that there is no need to consider the correlation factor at all. If the correlation between the two reaches 100%, then the trend is the same or opposite, just check a variety. If the correlation between the two is not 100%, then how do I know they will be correlated in the next moment? So, my conclusion is that there is no need to consider correlation, just focus on one species.
The correlation never reaches 1. The correlation also varies depending on timeframe being measured.
  • #733,699
  • Edited 2:22am Mar 3, 2023 2:05am | Edited 2:22am
Quoting BeeTogether
My first one Dick head {image}
In which hole?
pat's chihuahua tasted ribbed condoms, you experiencing dickheads somewhere.
Not sure if this is the right forum to share this kind of experiences.
Air force
  • #733,700
  • Mar 3, 2023 2:09am Mar 3, 2023 2:09am
Quoting dempire1
{quote} Well it's going to take some pips
I'm only mentioning this because I never said that I wanted your account to be wipped out rather than showing price locking. I was worried about your comments.
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