Cable Update (GBPUSD) | Page 37477 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #749,521
  • Jun 5, 2023 3:38am Jun 5, 2023 3:38am
Quoting dantpm
{quote} I am constantly learning from people that know less than I do! Funny how that works!
I believe knowledge lies in places or person which you would never believe you will learn something from them.
Each person is wise in their own way, and you get to learn a different perspective of the same event/situation you thought you already know, from them.
Thats what makes human interesting.
More time in the market, does not mean you trade better!
  • #749,522
  • Jun 5, 2023 3:44am Jun 5, 2023 3:44am
Quoting Fardeen1209
{quote} I believe knowledge lies in places or person which you would never believe you will learn something from them. Each person is wise in their own way, and you get to learn a different perspective of the same event/situation you thought you already know, from them. Thats what makes human interesting.

Agreed!
I feel sorry for those that think they know everything and have all the answers.
As someone who has taught a couple of people a few things, one of the strongest learning tools is asking someone to explain their opinion. Often both of you learn something new. You also maintain your 'image' as someone who is knowledgeable.
  • #749,523
  • Jun 5, 2023 3:45am Jun 5, 2023 3:45am
Attached Image (click to enlarge)
Click to Enlarge Name: itsatrap.jpg Size: 66 KB
  • #749,524
  • Jun 5, 2023 3:48am Jun 5, 2023 3:48am
I think DXY could hit 105 this week. Shame I can't take my own advice
  • #749,525
  • Jun 5, 2023 4:00am Jun 5, 2023 4:00am
Quoting MrFanciful
I think DXY could hit 105 this week. Shame I can't take my own advice
Why not? Are some fundamental metrics a part of your strategy?
  • #749,526
  • Jun 5, 2023 4:02am Jun 5, 2023 4:02am
Quoting Fardeen1209
{quote} I believe knowledge lies in places or person which you would never believe you will learn something from them. Each person is wise in their own way, and you get to learn a different perspective of the same event/situation you thought you already know, from them. Thats what makes human interesting.
I think that the knowledge is in the nature, in phenomena. Most people play only theater.
  • #749,527
  • Jun 5, 2023 4:09am Jun 5, 2023 4:09am
Quoting Waveskierrob
{quote} Will keep this bad boy open..., good to see a lot of live trades posted this morning .....
Not going to post anything ATM, got to rush to Swedish Embassy for work visa, as "Linesmen".


Attached Image (click to enlarge)
Click to Enlarge Name: Sweeden.jpg Size: 48 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #749,528
  • Jun 5, 2023 4:20am Jun 5, 2023 4:20am
Quoting dantpm
{quote} Agreed! I feel sorry for those that think they know everything and have all the answers. As someone who has taught a couple of people a few things, one of the strongest learning tools is asking someone to explain their opinion. Often both of you learn something new. You also maintain your 'image' as someone who is knowledgeable.
This is the problem!
Majority of people don't even want to ask an opinion or question, because they cared so much about their "image".
Asking a question never makes someone a fool, but it is the step which you need to take to be a lesser fool.
It is okay to not know everything.
For instance, myself i'm going to 23 this year and born in a digital era, but if someone asked me something about coding, programming and stuff, i know no sh*t about it and in a corner, i feel sad about it, cause i cannot even connect an API by myself.
But i realised i dont really need to know everything, i can either asked a friend or hired a professional, they do the job for me and i moved on to do what i do best.
More time in the market, does not mean you trade better!
  • #749,529
  • Jun 5, 2023 4:22am Jun 5, 2023 4:22am
Quoting mysterio
{quote} Why not? Are some fundamental metrics a part of your strategy?
I don't think a promise made by the US government is worth anything.

Do I think a promise made by the UK government is worth anything though? No, not at all. But I do think that gold has more intrinsic value than both.
  • #749,530
  • Jun 5, 2023 4:34am Jun 5, 2023 4:34am
Quoting MrFanciful
{quote} I don't think a promise made by the US government is worth anything. Do I think a promise made by the UK government is worth anything though? No, not at all. But I do think that gold has more intrinsic value than both.
Couple days before i asked myself why gold not the next world reserve medium of exchange.
I believe we will return to why in the first place economies moved from gold/silver coin to copper/nickel coin and paper as a medium of exchange.
More time in the market, does not mean you trade better!
  • #749,531
  • Jun 5, 2023 4:39am Jun 5, 2023 4:39am
Quoting Fardeen1209
{quote} Couple days before i asked myself why gold not the next world reserve medium of exchange. I believe we will return to why in the first place economies moved from gold/silver coin to copper/nickel coin and paper as a medium of exchange.
So that the US government could remain solvent. It was the only way they could control inflation and continue to 'pay' their bills under Nixon. The other choice was to raise US income taxes and neither congress or the senate would support that move. Now most governments are following suit by playing shell games with their currency.

Here is another opinion:
https://en.wikipedia.org/wiki/Gold_s...c%20recessions.
  • #749,532
  • Jun 5, 2023 4:40am Jun 5, 2023 4:40am
Quoting Fardeen1209
{quote} Couple days before i asked myself why gold not the next world reserve medium of exchange. I believe we will return to why in the first place economies moved from gold/silver coin to copper/nickel coin and paper as a medium of exchange.
I watched a podcast over the weekend with Alasdair Macleod (Very good person to keep an eye out for on YouTube etc). A good "What if" came up during it. The hosts asked if this suspension of the debt ceiling, could be the new "temporary suspension of the the dollar peg to gold". When Nixon removed the Peg in 1971, it was explicitly said to be temporary. It was never reinstated. Now Alasdair doesn't think it's likely but it could be that the debt ceiling isn't reinstated.

It's projected that US government debt will be about $40 trillion by the time it comes back into force in 2025. At some point, Gov's etc will simply not want to buy it and the only buyer left will be the Fed at which point you get Hyperinflation.
  • #749,533
  • Jun 5, 2023 4:42am Jun 5, 2023 4:42am
Alright

I am little late to post this but this is a High % Setup

And TP may hit any time

Gbpusd

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB


TP is 1.24358 for now but I may increase it above

Eurusd

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB


TP is currently 1.07130 but I may increase it

Usdjpy

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB


TP is currently 140.000

These are High % Setups and I expect them to Hit
HBS - Hussain Bin Salman
  • #749,534
  • Jun 5, 2023 4:45am Jun 5, 2023 4:45am
Quoting iqyu5an
{quote} made by great programmer ...in bandung indonesia.

long tym buddy..

U taking the pips alone
MY OPINION NOT FINANCIAL ADVISE
  • #749,535
  • Jun 5, 2023 4:46am Jun 5, 2023 4:46am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-06-05-12-45-42-223_net.metaquotes.metatrader4.jpg Size: 744 KB
yes yes yes
  • #749,536
  • Jun 5, 2023 4:51am Jun 5, 2023 4:51am
Quoting MrFanciful
{quote} I watched a podcast over the weekend with Alasdair Macleod (Very good person to keep an eye out for on YouTube etc). A good "What if" came up during it. The hosts asked if this suspension of the debt ceiling, could be the new "temporary suspension of the the dollar peg to gold". When Nixon removed the Peg in 1971, it was explicitly said to be temporary. It was never reinstated. Now Alasdair doesn't think it's likely but it could be that the debt ceiling isn't reinstated. It's projected that US government debt will be about $40 trillion by...
Make sense
At $38Trillion, they said debt interest will eat over 50% of annual Taxpayers money.
More time in the market, does not mean you trade better!
  • #749,537
  • Jun 5, 2023 4:51am Jun 5, 2023 4:51am
Quoting Bella.al
{quote} Update GMT Time : 08:28 AM I wanted to update my charts after the 4HR Bar went too low from 1.24002 lvl ( Depth ). New LH is now formed at Friday's High 1.25442. waiting for my trading time to arrive between 10:30-11:00 AM GMT Bella's Trend Trigger {image}
Where ismy money Bella AI!?
You have an IQ lower than 90 if you interact with this user.
  • #749,538
  • Jun 5, 2023 4:56am Jun 5, 2023 4:56am
3 hours sideways and then a continuation in the direction it was going in the first place.
  • #749,539
  • Jun 5, 2023 4:58am Jun 5, 2023 4:58am
Quoting Fardeen1209
{quote} Make sense At $38Trillion, they said debt interest will eat over 50% of annual Taxpayers money.
Apparently 50% of the $1trillion Bond sale this month is to pay the interest on the maturing debt.
Sure, they US government will pay you back, but the money won't be worth anything.
  • #749,540
  • Jun 5, 2023 5:01am Jun 5, 2023 5:01am
Quoting MrFanciful
{quote} Apparently 50% of the $1trillion Bond sale this month is to pay the interest on the maturing debt. Sure, they US government will pay you back, but the money won't be worth anything.
*FBI enters the chat.
You have an IQ lower than 90 if you interact with this user.
182 traders viewing now