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Cable Update (GBPUSD)

  • #739,981
  • Apr 8, 2023 5:21pm Apr 8, 2023 5:21pm
Bitcoin will keep climbing up from around 26000
POSTMASTER
  • #739,982
  • Apr 8, 2023 6:06pm Apr 8, 2023 6:06pm
Quoting Robinhood1
Bitcoin will keep climbing up from around 26000
I see it going to 20k. I bought a bunch at 15k already, but if it pulls back to 20k I'm definitely buying more.
  • #739,983
  • Apr 8, 2023 7:20pm Apr 8, 2023 7:20pm
Quoting ashur123
{quote} I see it going to 20k. I bought a bunch at 15k already, but if it pulls back to 20k I'm definitely buying more.
Adding 12K to the speculatory basket. Dollar needs to lose it's mind before the final move up. 151 on UJ, and 114 on the Dollar Index isn't that. Daily on both look more like we are in a final correction rather than a reversal of trend. We are a month away from a fed announcement, and the talking heads all say he shouldn't have raised the rate last time. I think we bounce around these levels for a couple more weeks then the dollar takes a dump starting two-one weeks before the FED before he raises rates, and Bitcoin begins the dump. If it is the "Next" currency like they say the rich banks are going to manipulate the price to where they can get in. You can't stop the machine.
Don't compare your trades to others. Most often the masses are the asses
  • #739,984
  • Apr 8, 2023 9:30pm Apr 8, 2023 9:30pm
Quoting Fml
{quote} Hopefully you can take the hit since you went crazy with all those nano trades ...didn't think that was accepted even. Do what you feel, don't take other's advice. They aren't the one holding the position. Learn something from it whichever way you decide if you're trying to become more than the typical. You've got a long ways and can't be doing the idiotic like this. Good luck
Oanda allows individual trades as small as .00001 lot and I have not yet found the limit of trades per account. And I have 20 sub accounts at my disposal. Also, transferring funds back and forth between sub accounts is instant and unlimited. This makes it very easy to instantly add any amount of free margin to a trade (multiple nano trades) while price action is heading the right direction. It's also easy to hedge your trades by trading in opposite directions in multiple sub accounts. They don't allow hedge trading in the same account. This flexibility is amazing! I can trade 50:1 leverage and still get over 100 pips drawdown on EUR/USD before risking margin closeout at 50% loss. Yes, it's risky, like gambling or options trading, but with much better control and flexibility.
Yes, I try to filter through all the opinions and advice here to gain insight of what's really happening, and still stick to my vision. My biggest challenge is to have faith in my vision and stick with it to the end. May the best trader win!
You cannot fail if you never give up.
  • #739,985
  • Apr 8, 2023 9:36pm Apr 8, 2023 9:36pm
Inserted Video


UK's First Lady Akshata Murty was in attendance when her mother, Sudha Murty, was conferred with the Padma Bhushan award by the President of India.

UK First Lady Akshata Murty is a proud daughter today, and she has every reason to be. Murty was in attendance when her mother, Sudha Murty, was conferred with the Padma Bhushan award at the Rashtrapati Bhavan earlier this week. In an Instagram post, she spoke about her mother’s extraordinary journey, her philanthropic initiatives and the values she has instilled in her children.

The mother' s upbringing of her child is a lesson to us as Forex traders. Hope we all shall reach Pinacle in our trading journey one day.

Akshata Murthy is now wife to UK's Prime Minister Rishi Sunak.

Reacting to the same, UK PM Rishi Sunak commented the event, "A proud day," alongside two clapping emojis
Intraday only.
  • #739,986
  • Apr 8, 2023 10:34pm Apr 8, 2023 10:34pm
Quoting navk
https://youtu.be/cVxwS6G8c-A UK's First Lady Akshata Murty was in attendance when her mother, Sudha Murty, was conferred with the Padma Bhushan award by the President of India. UK First Lady Akshata Murty is a proud daughter today, and she has every reason to be. Murty was in attendance when her mother, Sudha Murty, was conferred with the Padma Bhushan award at the Rashtrapati Bhavan earlier this week. In an Instagram post, she spoke about her mother’s extraordinary journey, her philanthropic initiatives and the values she has instilled...
What's your thought on Monday's opening...do u anticipate a gap up in EU pair?
  • #739,987
  • Apr 9, 2023 1:48am Apr 9, 2023 1:48am
Quoting ashur123
{quote} I see it going to 20k. I bought a bunch at 15k already, but if it pulls back to 20k I'm definitely buying more.
It is possible. Targets i post are never definite till i may spot the true one. Besides, i could enter once i belive it has turned around. I am not catching a few pips when i trade but great part of the swing if possible. Cheers
POSTMASTER
  • #739,988
  • Apr 9, 2023 2:30am Apr 9, 2023 2:30am
Bull Flags are formed in M30/M15/M5 charts from April 4th (Children's Day).
IMO, either trend is going north or south, it will break 1.24500.
If it reaches 1.24650, may further move upward.
Attached Image(s) (click to enlarge)
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  • #739,989
  • Apr 9, 2023 2:48am Apr 9, 2023 2:48am
let's see what patterns we've got after Friday
1h chart

1.rising wedge
2.triangle

so we see a downtrend as long as the price stays below the upper boundary of the triangle
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #739,990
  • Apr 9, 2023 3:02am Apr 9, 2023 3:02am
Bouncing nicely from key level of support.

Ideal short position would be at resistance above (but might not even reach there because of massive weakness).

Short bias.

Say bye bye to GBP

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  • #739,991
  • Apr 9, 2023 3:13am Apr 9, 2023 3:13am
how many of you guys know what this is?

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  • #739,992
  • Apr 9, 2023 3:28am Apr 9, 2023 3:28am
Quoting genadi
how many of you guys know what this is? {image}
In Romania, there is this Easter tradition. Eggs are painted. Usually they are red, but over time other colors are used and drawings, graphic motifs like in your photo, have also been introduced.

This is the traditional Romanian meal organized at Easter.
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  • #739,993
  • Apr 9, 2023 3:41am Apr 9, 2023 3:41am
Quoting navk
https://youtu.be/cVxwS6G8c-A UK's First Lady Akshata Murty was in attendance when her mother, Sudha Murty, was conferred with the Padma Bhushan award by the President of India. UK First Lady Akshata Murty is a proud daughter today, and she has every reason to be. Murty was in attendance when her mother, Sudha Murty, was conferred with the Padma Bhushan award at the Rashtrapati Bhavan earlier this week. In an Instagram post, she spoke about her mother’s extraordinary journey, her philanthropic initiatives and the values she has instilled...
That guy sitting next to her is a legend. His YouTube clips are great on why India is still buying Russian oil. You won't see him on BBC news, not the right narrative for them!
  • #739,994
  • Apr 9, 2023 4:22am Apr 9, 2023 4:22am
Quoting euroswiss
{quote} In Romania, there is this Easter tradition. Eggs are painted. Usually they are red, but over time other colors are used and drawings, graphic motifs like in your photo, have also been introduced. This is the traditional Romanian meal organized at Easter. {image} {image} {image}
looks yummy
Happy Easter!
  • #739,995
  • Apr 9, 2023 4:26am Apr 9, 2023 4:26am
Quoting TheHusla
{quote} That guy sitting next to her is a legend. His YouTube clips are great on why India is still buying Russian oil. You won't see him on BBC news, not the right narrative for them!
Yes. Dr Jaishankar....to the best of my understanding, the best diplomat turned External Affair Minister India has ever produced.
  • #739,996
  • Apr 9, 2023 4:33am Apr 9, 2023 4:33am
Quoting shivohum2015
{quote} Yes. Dr Jaishankar....to the best of my understanding, the best diplomat turned External Affair Minister India has ever produced.
yeah, I've seen a few of his interviews and his responses to questions by the press are so on point. He talks calmly and highly logically and the interviewers normally don't know what to say. They come into the interview with an agenda to make India look bad for buying Russian oil but he just argues the point so well. This is what politicians "should" be like. Acting in the best interests of the people they serve.
  • #739,997
  • Apr 9, 2023 4:39am Apr 9, 2023 4:39am
Quoting TheHusla
{quote} That guy sitting next to her is a legend. His YouTube clips are great on why India is still buying Russian oil. You won't see him on BBC news, not the right narrative for them!
Yes, he is external affairs Minister holding Mphil , Phd.

He does not bother to attack on any country thro Diplomatic channel.

One will be amazed to see his interviews. See this purticular Interview in Russian oil purchase.

Never miss to see the whole Interview.

Inserted Video
Intraday only.
  • #739,998
  • Apr 9, 2023 4:55am Apr 9, 2023 4:55am
Ha..ha..

Hard hitting to response.

Inserted Video
Intraday only.
  • #739,999
  • Apr 9, 2023 5:15am Apr 9, 2023 5:15am
Perhaps this week we will see a corrective decline at
1.2300 or 1.2093 levels

and then a rise to 1.2670
Attached Image (click to enlarge)
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Look at the moon with your eyes, not with your ears from the mouths of othe
  • #740,000
  • Apr 9, 2023 5:54am Apr 9, 2023 5:54am
Quoting MadMoon
Perhaps this week we will see a corrective decline at 1.2300 or 1.2093 levels and then a rise to 1.2670 {image}
you may be right, you may be wrong - pure speculation, so to speak. I wonder how this can be useful information.
What we actually have is a retracement after the last breakout but certainly not a sell signal on this TF:
(on H4 things look differently but that was not what you were referring to)
Attached Image(s) (click to enlarge)
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