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Cable Update (GBPUSD)

  • #754,721
  • Jun 28, 2023 10:06am Jun 28, 2023 10:06am
Wait! Don't buy GU yet...
My first buy is at 1.25900
  • #754,722
  • Jun 28, 2023 10:08am Jun 28, 2023 10:08am
Quoting pipfarm
{quote} This is not a trade but possible retest of the old support @ 2676

I will be waiting there to short and take the meat from this down move
Follow The Markets Structure - Patience and Discipline
  • #754,723
  • Edited 10:21am Jun 28, 2023 10:11am | Edited 10:21am
Quoting Ferna
There it comes: Lagarade: We recently put out the legislative paperwork for a digital EURO(CBDC) Digital EURO will be decided by the "Governors" at end of October 2023. Lagarde: "We will move to success". Bailey: "We also are moving into digital money, it's a complete revolutiot, the engine shall go into place next year, uh ,. uhm.. uhm..." Ueda: We are issuing new currency bill/not digital money(Joking?) I didn't get Ueda's joke, but i think he meant that ECB/BoE and FED have to issue a new currency to come to terms with their problems, while Japan...
They just want to keep up the race.
I saw something on Twitter. A lady explained why it is best to use Cash and not Debit/Credit card/ CBDCs and these joke.
With cash, the bank get nothing over each transaction, but with other mean of payment, they charge a certain % the Seller (renting their POS system) and transaction Fees.
On each $50 payment, over 5 to 6 transactions, ~$4-5 becomes income for the banks.
No wonder why they are pushing evrything they have, to get that CBDCs by EOY 23
More time in the market, does not mean you trade better!
  • #754,724
  • Jun 28, 2023 10:11am Jun 28, 2023 10:11am
EURUSD now in full alignment h4/D1 we wait for this beast to retrace H1 then smash it short down to 0793
Follow The Markets Structure - Patience and Discipline
  • #754,725
  • Jun 28, 2023 10:21am Jun 28, 2023 10:21am
Quoting Fardeen1209
{quote} They just want to keep up the race. I saw something on Twitter. A lady explained why it is best to use Cash and not Debit/Credit card/ CBDCs and these joke. With cash, the bank get nothing over each transaction, but with other mean of payment, they charge a certain % the Seller (renting their POS system) and transaction Fees. On each $50 transaction, over 5 to 6 transactions, ~$4-5 becomes income for the banks. No wonder why they are pushing they had, to get that CBDCs by EOY 23

Probably they will be able to put limit on your buys, for example you will be allowed to buy max 1 liter cow milk in one week.
  • #754,726
  • Jun 28, 2023 10:25am Jun 28, 2023 10:25am
Quoting Eren10
{quote} Probably they will be able to put limit on your buys, for example you will be allowed to buy max 1 liter cow milk in one week.
No not limit, but you should search for CBDCs in China.
That give the Gov't absolute control over its population.
More time in the market, does not mean you trade better!
  • #754,727
  • Edited 10:51am Jun 28, 2023 10:29am | Edited 10:51am
Quoting Fardeen1209
{quote} They just want to keep up the race. I saw something on Twitter. A lady explained why it is best to use Cash and not Debit/Credit card/ CBDCs and these joke. With cash, the bank get nothing over each transaction, but with other mean of payment, they charge a certain % the Seller (renting their POS system) and transaction Fees. On each $50 payment, over 5 to 6 transactions, ~$4-5 becomes income for the banks. No wonder why they are pushing evrything they have, to get that CBDCs by EOY 23
Is cash going to disappear?
The number is increasing in the Netherlands payments with cash back. Only one in five payments is with cash. The European Commission emphasizes that the digital euro is an addition to the payment system and is not a substitute for cash. The committee therefore comes up with a proposal to guarantee the survival of cash. Eurozone countries must ensure that cash remains sufficiently available and that it is accepted in enough places. Minister Kaag van Financieel previously decided to additional measures.
we all need bar money...aka GELDig or invalid don't fall for their trap and crap ... easy to get lost in translation people are waking up...call it climate change no problem see O 2 fckin co2 nonsense msm is peddling... they control the weather and can fck you "six ways to Sunday"...
  • #754,728
  • Jun 28, 2023 10:30am Jun 28, 2023 10:30am
nice comeback from 90 $ floating loss
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yes yes yes
  • #754,729
  • Jun 28, 2023 10:33am Jun 28, 2023 10:33am
Quoting Fardeen1209
{quote} No not limit, but you should search for CBDCs in China. That give the Gov't absolute control over its population.

Interesting topic to read about it and follow it.

Putting limits per article is where it will go.
  • #754,730
  • Jun 28, 2023 10:34am Jun 28, 2023 10:34am
Quoting Bella.al
{quote} So i noticed Time is getting Squared today 28.06.2023 , i should have closed my long at 0:00 .. . I have to take it as a loss (-24 Pips ) but i will call this "ERROR" . Will fix it in beta v1.7 -Bella

Ok, Bulls you cannot pass Bella's Resistance 1.26659 . Unfortunately, this is my last trade of the month . Hopefully this trade will work .
101 pips required to breakeven for this month. As i mentioned in previous post i found an error in my program so i will start fixing it in v1.7 Beta. ( i hate it i lost -24 pip due to error )

bella's blue beta v1.6.b
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Goddess of Thunder..
  • #754,731
  • Jun 28, 2023 10:38am Jun 28, 2023 10:38am
#GU H4 Fibo levels
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I will succeed Not immediately... but definitely
  • #754,732
  • Jun 28, 2023 10:57am Jun 28, 2023 10:57am
Quoting eyefeelsix
{quote} careful sellers the fifth is not finished yet {image}

lol finally trade GU --- took long atm

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https://breakpullback.com
  • #754,733
  • Jun 28, 2023 11:03am Jun 28, 2023 11:03am
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yes yes yes
  • #754,734
  • Jun 28, 2023 11:04am Jun 28, 2023 11:04am
Quoting Wavegarrick
{quote} My attempted coup got me backtracking just off 1.270000. I closed most of my sell trades today and am currently in exile I have 2 sell trades open, daily close above 1.27500 remains crux for bulls and vice versa below 1.27000 for bears. Cheers. {image}
Well the truth is that I should have stuck with my attempted coup. My two trades did just fine and closed. I am not so sure if this is a full blown swing to the downside with 2 days to go to the end of the 2nd quarter. A full run for 1.25000 in the last 2 days of this qtr seems a bridge too far so I anticipate a close closer to 1.2750. I could be wrong of course. I am in with some Buys. Having said 1.25500 is a very strong support zone as per my previous posts.
Trade safe,
Cheers.
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Trade to trade another day
  • #754,735
  • Jun 28, 2023 11:06am Jun 28, 2023 11:06am
Quoting eyefeelsix
{quote} lol finally trade GU --- took long atm {image}
That was your plan for a while.

Mind i ask why you chose the 1.2609 4hr Demand Zone (at 50% of Wave 3) as your support and not the 1.2659 4hr Demand(at 38% of Wave 3)?

Chance my view on the last 4hr Candle when it failed to close above 1/2 of the 1.2659 4hr Demand.
Took the long at 1.2609 OB

Looks like a CPLQ (Wave 4)
More time in the market, does not mean you trade better!
  • #754,736
  • Jun 28, 2023 11:15am Jun 28, 2023 11:15am
Quoting Fardeen1209
{quote} That was your plan for a while. Mind i ask why you chose the 1.2609 Demand Zone (at 50% of Wave 3) as your support and not the 1.2659 Demand(at 38% of Wave 3)? Chance my view on the last 4hr Candle when it failed to close above 1/2 of the 1.2659 Demand. Took the long at 1.2609 OB Looks like a CPLQ (Wave 4)

I have information a strength index on my chart, so I know which demand zone will be the market liquidity

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https://breakpullback.com
  • #754,737
  • Jun 28, 2023 11:18am Jun 28, 2023 11:18am
Quoting DrDave
{quote} And what, then, about "income" and "install"? I don't think that "not come" and "not stall" are the meanings.
You are right. Language totally corrupted. Do not take it as quantum grammar is wrong just cos you are not use to It. What we have now is not valid. Quantum grammar is kicking hard. Big changes coming next years.
POSTMASTER
  • #754,738
  • Jun 28, 2023 11:18am Jun 28, 2023 11:18am
check this out @ 28:13 min...

https://www.bitchute.com/video/2vEGsG38gkzs/
  • #754,739
  • Jun 28, 2023 11:19am Jun 28, 2023 11:19am
Quoting eyefeelsix
{quote} I have information a strength index on my chart, so I know which demand zone will be the market liquidity {image}
Ahhh Okay.
You marked this Demand zone as your support for a while now, i think it was your last week projection.
I have been learning which Demand Zone to pick up and which not, because very often, as in today's example, price went through a demand zone as if it is not there.
More time in the market, does not mean you trade better!
  • #754,740
  • Jun 28, 2023 11:21am Jun 28, 2023 11:21am
Quoting Wavegarrick
{quote} Well the truth is that I should have stuck with my attempted coup. My two trades did just fine and closed. I am not so sure if this is a full blown swing to the downside with 2 days to go to the end of the 2nd quarter. A full run for 1.25000 in the last 2 days of this qtr seems a bridge too far so I anticipate a close closer to 1.2750. I could be wrong of course. I am in with some Buys. Having said 1.25500 is a very strong support zone as per my previous posts. Trade safe, Cheers. {image} {image}
Hi, would you mind sharing your indicators. Thanks
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