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Cable Update (GBPUSD)

  • #747,621
  • May 25, 2023 9:25am May 25, 2023 9:25am
2360 is ceiling for NY session.

2342 can pose as resistance too.

Below it is 2285.
Intraday only.
  • #747,622
  • Edited 2:02pm May 25, 2023 9:26am | Edited 2:02pm
Quoting mysterio
{quote} nah i'm not in it sorry are you having issues?
No issues, I was just curious about Bookmap and wanted to check out their discord room, but the link is expired. No worries, though!
Funded trader
  • #747,623
  • May 25, 2023 9:27am May 25, 2023 9:27am
Quoting Fardeen1209
{quote} Once i read something about economic data from hedgefunds ceos/founders(from market wizards), he said initially when you put on a trade, chance 50-50. But if you have a good understanding on how the market react to the data and their deviations, you can put the odds in your favour, and this will happen every month. You keep this day to grow your account significantly with very low risk, since the move is much easier to predict and massive.
Yes it 50-50, but if we wait for some minutes it could be 80% but with low gain as the price already moving. Usually i take it 5 minutes before news with 50:50 chance and if it fail it fail miserably . Today was just my lucky days i guess, at least with the help of unemployment and with everyone eyeeing more under
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #747,624
  • May 25, 2023 9:30am May 25, 2023 9:30am
Quoting sbmortimer
{quote} No issues, I was just curious about Bookmap and wanted to check out their discord room, but the link is expired. No worried though!
theres several other providers of level 2 data. Clusterdelta, ATAS, Sierra charts, Ninja trader all popular. Heatmap is great for visualizing the DOM over time, gives you an idea of whats spoofing and whats real
  • #747,625
  • May 25, 2023 9:34am May 25, 2023 9:34am
Quoting dantpm
{quote} That creates short term demand for $ but if you don't trust the bonds, why would you trust the $? The follow through would be to sell dollars, eliminating the demand in a wash.
Thats something i dont really understand.
But remember when sept 2022 autumn budget wheen khawsi (lizz truss govt) f*cked up. On the following Monday GU fell by 400pips,that something similar happened, when BOJ liquidate Gilts, but not for pound sterling but dollar, because the trust in lizz government evaporate.
I think today they they have no other option, since USD is the global currency (gold/silver could be) but theres something i dont understand here is why no gold?
Or simply because of lack of liquidity
More time in the market, does not mean you trade better!
  • #747,626
  • May 25, 2023 9:38am May 25, 2023 9:38am
Cant wait to be back on cable...Been missing the forum cause of travelling.
  • #747,627
  • May 25, 2023 9:39am May 25, 2023 9:39am
Quoting Pat Chiko
{quote} Lol..... Don't follow me... I'm still newbie/ Many expert and professional trader here post good insight. Take care Bro. & I will come over to Aceh to harvest the Herbal. ( hope got some more). I 'm doing it for my friend...
I watching you for years, moty, navk, wavegarrick and several more (im pervert ). I always admire whoever put his trade pict (TP/SL/OP) either it was red or blue. That way we learn what was missing. The only thing that i cant learn most is holding profit and cut lose as simple thing called money management.

As for yhe herb if i read correctly the leaf doesnt have any use other than smoke (even smoke here using like its flower i dont know whats its name and not once seing it ) and as seasoning, the most important one is the seed. Still we had some use with its root too.
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #747,628
  • Edited 9:57am May 25, 2023 9:46am | Edited 9:57am
Quoting Pat Chiko
{quote} They were so upset with my post.... Some sent this photos to me... Emotional Damage{image} Told them to keep moving forward, you’ll never have a reason to look back.
holy sheet, i can sell that before it broke and make some deposit to my account, every penny count


I watch you PAT, it still going down, im tired of analyzing it, for some unknown reason for me it is going up and down like whooing .
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #747,629
  • May 25, 2023 9:57am May 25, 2023 9:57am
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  • #747,630
  • May 25, 2023 10:05am May 25, 2023 10:05am
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  • #747,631
  • May 25, 2023 10:15am May 25, 2023 10:15am
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  • #747,632
  • May 25, 2023 10:32am May 25, 2023 10:32am
Quoting adc
Hi All, My trades are done for today but just interested to see if this scenario plays out just as a learning curve. I'm with pipfarm re longer term downward trend - just look at the daily - and also shorter term correction as per H1/H4. Rgds, Angus {image}
A bit choppier than I expected but played out pretty well.
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  • #747,633
  • May 25, 2023 10:35am May 25, 2023 10:35am
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  • #747,634
  • May 25, 2023 10:43am May 25, 2023 10:43am
Quoting donfriday
Buy order 1.2325 tp 1.2400 BUY BELOW 100% WEEKLY ATR SCALP

Long for scalp
MY OPINION NOT FINANCIAL ADVISE
  • #747,635
  • May 25, 2023 10:48am May 25, 2023 10:48am
Quoting tradexyz
{image}
tradexyz, you have such nice charts with your other platform, why not post them often? They are easy to read.
Always trade your own plan...I don't provide trading signals.
  • #747,636
  • May 25, 2023 10:48am May 25, 2023 10:48am
Tomorrow is fry day! Crazy shit happens on Fridays. No analysis this week as busy with work. My B/e of 125 looks miles away
Insane in the Brain..
  • #747,637
  • May 25, 2023 10:49am May 25, 2023 10:49am
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  • #747,638
  • May 25, 2023 10:51am May 25, 2023 10:51am
Quoting ashur123
small buy positions entered. Buy order at 1.23. TP 1.26 {image}
hey Ashure, is that spiral Fibonaci on your chart what we can see?
  • #747,639
  • May 25, 2023 10:53am May 25, 2023 10:53am
I believe daily will fight on 1.2362 area..
but nothing setup atm and im not going to buy lows jusr like that.
  • #747,640
  • May 25, 2023 11:01am May 25, 2023 11:01am
Quoting Coreg2004
{quote} tradexyz, you have such nice charts with your other platform, why not post them often? They are easy to read.
not always around ... whatever flatform wink wink... language a beautiful thing wonder why got brexit englishhhhhhhhhhhhhhhh...keep quiet spare you the details...
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