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Cable Update (GBPUSD)

  • #756,961
  • Jul 9, 2023 11:36am Jul 9, 2023 11:36am
Quoting Waveskierrob
{quote} 5% a day just shows how ignorant he is ...{image}
I can't wait for a thorough explanation of this 5%. I'm sure we've got it all wrong.. Mtako likes to give benefit of the doubt to all, like to whoever is making my .

After all, such high-leverage consistency claims create great damage to many newcomer to this business. And no one is that , right?

Oh, no, the wine has got the best of me, again...
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #756,962
  • Jul 9, 2023 11:41am Jul 9, 2023 11:41am
Quoting Waveskierrob
{quote} 5% a day just shows how ignorant he is ...{image}

More stupid pictures!!! go to bed you fucking idiot!!!
  • #756,963
  • Edited 12:03pm Jul 9, 2023 11:42am | Edited 12:03pm
Quoting GEfx
{quote} Peter, you are obfuscating again. If framing is important to your claim of 5% daily, then explain it in one or two sentences. Then show a chart or two with some analysis of the GBP/USD, as of today. What are your thoughts on how PA got to where it is? What are the critical levels, above and below current price? What are you looking for in the next few days? Just some basic analysis. This does not require spending time on your ridiculous thread, or talking about your mistrust of data, or criticizing traders here. I'll help you get things...
bloviating
Thanks for that; I learned a new word.

I found this informative and amusing:

Bloviate is closely associated with U.S. President Warren G. Harding, who used it frequently and who was known for long, windy speeches. H.L. Mencken said of him, "He writes the worst English that I have ever encountered. It reminds me of a string of wet sponges; it reminds me of tattered washing on the line; it reminds me of stale bean soup, of college yells, of dogs barking idiotically through endless nights. It is so bad that a sort of grandeur creeps into it. It drags itself out of the dark abysm of pish, and crawls insanely up the topmost pinnacle of posh. It is rumble and bumble. It is flap and doodle. It is balder and dash."
After five years as president and thirty years as a political figure, this colossal oaf is still unable to discipline his urge to bloviate.
To free Gazans of Hamas, use whatever it takes.
  • #756,964
  • Jul 9, 2023 11:47am Jul 9, 2023 11:47am
Quoting DrDave
{quote} bloviating Thanks for that; I learned a new word. I found this informatative and amusing: Bloviate is closely associated with U.S. President Warren G. Harding, who used it frequently and who was known for long, windy speeches. H.L. Mencken said of him, "He writes the worst English that I have ever encountered. It reminds me of a string of wet sponges; it reminds me of tattered washing on...
Thank you! interesting + by hilarious Mencken !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #756,965
  • Jul 9, 2023 12:01pm Jul 9, 2023 12:01pm
Quoting Fx3423454
{quote} EURUSD already looks ready to short whereas with GBPUSD I have no idea when it will be ripe.
looks not yet , both in the same boat , gu likely signaled bull for others , at least a little , eu 1120 , and gu 3170 limits at risk !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #756,966
  • Jul 9, 2023 12:06pm Jul 9, 2023 12:06pm
Quoting mtako
{quote} 5% a day, 5 days a week, for 5 Years. Initial balance:5$ Total balance in 2028 = $22,439,092,590,729,691,017,116,647,424.00 {image}
i guess we have someone to repay US debts
More time in the market, does not mean you trade better!
  • #756,967
  • Jul 9, 2023 12:07pm Jul 9, 2023 12:07pm
Quoting Fardeen1209
{quote} i guess we have someone to repay US debts
!

Quoting mtako
{quote} 5% a day, 5 days a week, for 5 Years. Initial balance:5$ Total balance in 2028 = $22,439,092,590,729,691,017,116,647,424.00 {image}
Yes, the GDP of the whole world is nothing compared to 5% every trading day for 5 years, starting with... 5$.

EHS : Exploding Head Syndrome
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #756,968
  • Jul 9, 2023 12:10pm Jul 9, 2023 12:10pm
Quoting ninner
{quote} More stupid pictures!!! go to bed you fucking idiot!!!
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  • #756,969
  • Jul 9, 2023 12:17pm Jul 9, 2023 12:17pm
Quoting Waveskierrob
{quote} {image}
!!!!!! Thanks mate for the
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #756,970
  • Jul 9, 2023 12:17pm Jul 9, 2023 12:17pm
Quoting mtako
{quote} 5% a day, 5 days a week, for 5 Years. Initial balance:5$ Total balance in 2028 = $22,439,092,590,729,691,017,116,647,424.00 {image}
not gonna lie this made me laugh a bit good joke bro ntn is impossible but the word
  • #756,971
  • Jul 9, 2023 12:29pm Jul 9, 2023 12:29pm
GU
For the week Ahead based scenario
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More time in the market, does not mean you trade better!
  • #756,972
  • Jul 9, 2023 12:29pm Jul 9, 2023 12:29pm
Quoting Godspromise
{quote} not gonna lie this made me laugh a bit good joke bro ntn is impossible but the word
I'm glad I made you laugh mate .
Nothing like a good joke to start the trading week, right?!
My Sunday mood is in full effect, must be the sauce ...

Indeed, as long as there is $22,439,092,590,729,691,017,116,647,424.00 USd around, it is possible for a 5%/day trader with a 5$ balance, to buy it in 5 years


Meanwhile...
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #756,973
  • Jul 9, 2023 12:32pm Jul 9, 2023 12:32pm
Quoting mtako
{quote} I'm glad I made you laugh mate . Nothing like a good joke to start the trading week, right?! My Sunday mood... Indeed, as long as there is $22,439,092,590,729,691,017,116,647,424.00 USd around, it is possible for a 5%/day trader to buy it Meanwhile... {image}
I'm watching the gbpusd because i believe the gbp might lose alot a power before the usd does just buy the news we got today
  • #756,974
  • Jul 9, 2023 12:36pm Jul 9, 2023 12:36pm
Market open to Monday NY $ will be bullish.
later? Not sure
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  • #756,975
  • Jul 9, 2023 12:41pm Jul 9, 2023 12:41pm
Quoting Whale
Market open to Monday NY $ will be bullish. later? Not sure {image}
gbpusd maybe will get to around 1.278
  • #756,976
  • Jul 9, 2023 12:42pm Jul 9, 2023 12:42pm
Quoting Whale
Market open to Monday NY $ will be bullish. later? Not sure {image}
To me, the price may not break friday high...if at all, it breaks, the PA will do befor Tokyo open + 1 hr

Whatever the price does tokyo open + 1 hr..is important for the price to behave rest of the day
Intraday only.
  • #756,977
  • Edited 12:56pm Jul 9, 2023 12:43pm | Edited 12:56pm
Quoting Godspromise
{quote} I'm watching the gbpusd because i believe the gbp might lose alot a power before the usd does just buy the news we got today
I celebrate in advance your getting rid of your beloved pounds.
Not easy with this growing bull volatility, but there is always a way!
Anyhow, wishing you the best with your trading mate, and cheers! !


P.S Here I am catching the next pressure cooked greedy mistake of my local bankers (in dog language : I am trading) !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #756,978
  • Jul 9, 2023 12:51pm Jul 9, 2023 12:51pm
Quoting mtako
{quote}I celebrate in advance your getting rid of your beloved pounds. Not easy with this growing bull volatility, but there is always a way! Anyhow, wishing you the best with your trading mate, and cheers! ! P.S Here I am catching the next pressure cooked greedy mistake of my local bankers ! {image}
so true the volatility of the bulls can't bank on them they scared to buy
  • #756,979
  • Jul 9, 2023 12:55pm Jul 9, 2023 12:55pm
Quoting navk
{quote} To me, the price may not break friday high...if at all, it breaks, the PA will do befor Tokyo open + 1 hr Whatever the price does tokyo open + 1 hr..is important for the price to behave rest of the day
I believe so as well for tomorrow.
but when price have potential near support and resistance i will be very suspicious.
we will see what happen
i already have short @ 1.284
  • #756,980
  • Jul 9, 2023 1:05pm Jul 9, 2023 1:05pm
Up to now, and all throughout June, them bulls rode them bears oh soooo graciously and, unrepentantly.

Bulls are not done, till they are done .

Bears are preparing for the worst.
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
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