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Cable Update (GBPUSD)

  • #744,461
  • Edited 11:07am May 5, 2023 10:41am | Edited 11:07am
Quoting Wavegarrick
{quote} I am gonna stick my neck out before the Dollar rate decision. Clues are often in the way price behaves or manifests itself. I do not propagate following my trades as I speak from a position of strength. I have a backup plan if trades go against me. Nevertheless I do believe that the rate decision will be used to pump GU up to 1.26921 ish. In fact Gu is lagging Behind Eu in the yearly range. {image} Usdx has a way to go down and unless a concise weekly break above 102.314 I am inclined to stay with dollar bears for the short to medium term....
1.2650 is a must. My monthly res1 at 1.26742 a juicy target.
Have a great weekend,
Cheers
Attached Image (click to enlarge)
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Trade to trade another day
  • #744,462
  • May 5, 2023 10:41am May 5, 2023 10:41am
Quoting ScalaFX
{quote}Ok you play with me like that? So pendings short in place 2670 2675 2680 2685 2690 2695 and 2670, bye!
You mentioned 2670 twice.....
average dude treading water
  • #744,463
  • May 5, 2023 10:41am May 5, 2023 10:41am
Quoting ScalaFX
{quote} I have a Crystal Ball. Who wants too see the future? Via Zoom or Skype only 10$
i ofer you 1$
  • #744,464
  • May 5, 2023 10:46am May 5, 2023 10:46am
Quoting Alevsky017
{quote} i ofer you 1$
I will wait when you close with profit some trades, my knowlege is worth more! Ok, 2$ and Im in
People don't plan to lose. They lose because they don't plan.
  • #744,465
  • May 5, 2023 10:48am May 5, 2023 10:48am
Quoting ScalaFX
target, maybe next week or today... wedge D1 with huge divergance and TL from W1, mayne sweet spot to sell hard, I think yes but thats can be game changer? Lets see.. {image}
today deifinitelly, or maybe is some there brave bear to short hard
People don't plan to lose. They lose because they don't plan.
  • #744,466
  • May 5, 2023 10:49am May 5, 2023 10:49am
Sold 1.2648.... target 1.2568...

Second sell limit @ 1.2680 target 1.2385 (swing)...
Data + Stat + Risk/Emotions Management
  • #744,467
  • May 5, 2023 10:49am May 5, 2023 10:49am
Bye snoop
  • #744,468
  • May 5, 2023 10:52am May 5, 2023 10:52am
DXY -0.12% // GBP +0.62%.....


I cant find the reason
  • #744,469
  • May 5, 2023 10:53am May 5, 2023 10:53am
I feel the Algo has set me free. I will know after a few trades and if that is the case, I will leave FF. Fairplay.
POSTMASTER
  • #744,470
  • May 5, 2023 10:53am May 5, 2023 10:53am
Done for the week. Back on Sunday/Monday crap day not sure why the huge spikes up from what looked a dead certain 125-12520 area from NFP.

could be money manipulation for the kings coronation this weekend
Insane in the Brain..
  • #744,471
  • May 5, 2023 10:54am May 5, 2023 10:54am
Quoting Alevsky017
DXY -0.12% // GBP +0.62%..... I cant find the reason

Its madness. we're in the era of volatility.
  • #744,472
  • May 5, 2023 10:54am May 5, 2023 10:54am
scaling in shorts now on gu gj and xau
  • #744,473
  • May 5, 2023 10:56am May 5, 2023 10:56am
Quoting BeeTogether
Done for the week. Back on Sunday/Monday crap day not sure why the huge spikes up from what looked a dead certain 125-12520 area from NFP. could be money manipulation for the kings coronation this weekend
its preparing for gigantic fall from early next week, this move is highly manipulated to eject early sellers and trap enough buyers upstairs... I see this run stopping around 1.2690 area then full scale sell back to 1.2500, then 1.2383. Patience and good money management will do the trick.
Data + Stat + Risk/Emotions Management
  • #744,474
  • May 5, 2023 10:58am May 5, 2023 10:58am
Quoting BeeTogether
Done for the week. Back on Sunday/Monday crap day not sure why the huge spikes up from what looked a dead certain 125-12520 area from NFP. could be money manipulation for the kings coronation this weekend
indeed it could be. Cable had no business spiking today with the stella USD figures we had.

Down 40 pips today. not good at all.

making my last play of the week now by shorting cable. Hopefully some respite for the DXY at these levels headed into the weekend
  • #744,475
  • May 5, 2023 11:09am May 5, 2023 11:09am
OIL could go back to less than 10$
POSTMASTER
  • #744,476
  • May 5, 2023 11:11am May 5, 2023 11:11am
Quoting Robinhood1
OIL could go back to less than 10$
When it dropped to 10 cents i did not buy as i could not believe it. There might be another chance to become a one operation millionaire
POSTMASTER
  • #744,477
  • May 5, 2023 11:12am May 5, 2023 11:12am
Quoting eyefeelsix
{quote} if God permits the price will reach 1.2800 in the future.. Cya! {image}
50% partial-close on yesterday extension 200, rest let the profits run until the goal..
Attached Image (click to enlarge)
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https://breakpullback.com
  • #744,478
  • May 5, 2023 11:12am May 5, 2023 11:12am
Ashur123!
How your Margin stands? You are ok? I think to much lot size, hope any fast spike to 1.28 or whereever not come! I prey for your win!! You are a good guy!
People don't plan to lose. They lose because they don't plan.
  • #744,479
  • May 5, 2023 11:14am May 5, 2023 11:14am
Quoting fxpider
{quote} Does FF have a rumors calendar too !!!
u know there was this ukrainian hacker who hacked a newswire service, so he got the ”news” a few days before everyone else got it. Made him about 30 million dollar.
Well he is in jail now ofc, rumors or news; potatoo, potato.
You have an IQ lower than 90 if you interact with this user.
  • #744,480
  • May 5, 2023 11:15am May 5, 2023 11:15am
how about that pepe! man i want in on a bull run like that!
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