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Cable Update (GBPUSD)

  • #763,041
  • Aug 1, 2023 9:18am Aug 1, 2023 9:18am
Word of the Day
: August 1, 2023
perquisite
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Re n RelaX...
  • #763,042
  • Edited 12:36pm Aug 1, 2023 9:18am | Edited 12:36pm
Quoting PeterCaleb
{quote}Of course "traders" react to news. They may classify themself as a trader but they're not. Why? Econ news and announcements are not THE news that relates to movements. Nobody bothered to pay attention to the full picture to note when the "news" does NOT align with "cool moves" ?????
I know that you do not understand fundamental analysis and it's impact on the market. Take a moment, organize your thoughts, and explain the above statements, using the following real-world example: Less than 24 hours ago, the RBA announced that it would hold interest rates at 4.1%. The second before this announcement, the A$ was trading at .6703, and 10 minutes after the announcement, was trading at .6659 (a 44 pip fall), and 8 hours after the announcement, it was trading at .6603 (a 100 pip fall). If the RBA economic announcement/news was not THE news that relates to the noted movement, then what was? What part of the full picture, besides the news event, would align with the "cool move"? If it is not the RBA FA, why would banks re-price the AUD by 100 pips? Or perhaps your statement is incorrect.
  • #763,043
  • Aug 1, 2023 9:23am Aug 1, 2023 9:23am
Quoting Fardeen1209
Us GDP now at 3.9% up from 3.5% from 28 jul. No recession, or something is fishy? Growth in a period of hiking cycke
Couldnt it be a few closed single arms deals, selling of an boeing or a hangarship something like that which might skew the numbers?
You have an IQ lower than 90 if you interact with this user.
  • #763,044
  • Aug 1, 2023 9:25am Aug 1, 2023 9:25am
Quoting GODofMC
{quote} Last Long added, will patiently wait till they robbed my account {image}
BEP Hit, but i may continue wathcing little more
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #763,046
  • Aug 1, 2023 9:30am Aug 1, 2023 9:30am
off topic, i would be watching chfjpy.....its in a dealers range right now on the 4 hour but it will soon exit ....and will enter a expansion phase where money may be made so I would be watching carefully.
  • #763,047
  • Aug 1, 2023 9:36am Aug 1, 2023 9:36am
Quoting Waveskierrob
{quote} I wish you all the best, just don't hand over any money for anything.......please...
And what makes you think that I have ever taken a cent from any trader here? Serious allegations, don't you think?
Side note:
Well, it is no surprise that the hate clan immediately step in with their adoring followers immediately throwing their likes with the same ole same ole, whenever someone says something good about me. It is like the same person person talking over and over whenever they post. LE1's 15 min scalping thread is a clear example of this. Time is a harsh reality and there will be a time when their demons catch up to them.
I ask myself why one would go into great lengths to create additional usernames with the same ip address to harass and bully traders if you are a very successful trader.
It is beyond me.
Trade to trade another day
  • #763,048
  • Aug 1, 2023 9:38am Aug 1, 2023 9:38am
Quoting chidinma1
{quote} That's good enough but am asking about tomorrow trade on GBPUSD of it's going to be a buy or sell signal because I don't really understand what point it's heading to?
nobody does...
  • #763,049
  • Aug 1, 2023 9:41am Aug 1, 2023 9:41am
Quoting Wavegarrick
{quote} And what makes you think that I have ever taken a cent from any trader here? Serious allegations, don't you think? Side note: Well, it is no surprise that the hate clan immediately step in with their adoring followers immediately throwing their likes with the same ole same ole, whenever someone says something good about me. It is like the same person person talking over and over whenever they post. LE1's 15 min scalping thread is a clear example of this. Time is a harsh reality and there will be a time when their demons catch up to them....
You think I'm a successful trader thanks Leon...
  • #763,050
  • Aug 1, 2023 9:43am Aug 1, 2023 9:43am
I was wondering...

why do trading strategies perform differently on different time frames?
  • #763,051
  • Aug 1, 2023 9:43am Aug 1, 2023 9:43am
https://assets.faireconomy.media/nfs...ar956032_3.gif Waveskierrob This is getting ready for the drop big time.. Sorry bout getting you in on Friday but being a swinger does require some patience . Would like to see us banking the bottom by eow then maybe get us a swing long outta there for 100 or so handles
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  • #763,052
  • Edited 9:58am Aug 1, 2023 9:43am | Edited 9:58am
Quoting Waveskierrob
{quote} You think I'm a successful trader thanks Leon...
it's a breEz Eh nev...know when to rain ski...P... all is fair in hell rain or shine ...Durban... Yin and Yang... ping pong MICADEAUX revel n stoke BV...arrow head HQ... BChydro chocolates...love hooked on phonics... Krack the sound barrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrier...
  • #763,053
  • Aug 1, 2023 9:51am Aug 1, 2023 9:51am
Quoting W0lfram
One old POC @ 1.3378. In due course all lower levels will be visited, imho{image}
Might retrace to ~1.2826 or who knows, then weekly POC @ 1.27
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Air force
  • #763,054
  • Aug 1, 2023 9:52am Aug 1, 2023 9:52am
Quoting T721
https://assets.faireconomy.media/nfs...ar956032_3.gif Waveskierrob This is getting ready for the drop big time.. Sorry bout getting you in on Friday but being a swinger does require some patience . Would like to see us banking the bottom by eow then maybe get us a swing long outta there for 100 or so handles {image} {image}
I'm the king is patience +80 so far will add...
  • #763,055
  • Aug 1, 2023 10:01am Aug 1, 2023 10:01am
Quoting Waveskierrob
{quote} I'm the king is patience +80 so far will add...
Holyshit, bloody great.... Kafuckinching
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  • #763,056
  • Aug 1, 2023 10:04am Aug 1, 2023 10:04am
Quoting chidinma1
{quote} That's good enough but am asking about tomorrow trade on GBPUSD of it's going to be a buy or sell signal because I don't really understand what point it's heading to?
It should be a buy imo. But remember that is only my opinion and my opinion wont buy you a Starbucks on a rainy day so choose your position wisely
  • #763,057
  • Aug 1, 2023 10:05am Aug 1, 2023 10:05am
Quoting GODofMC
{quote} BEP Hit, but i may continue wathcing little more {image} {image}
closing all big lot(0.05) for 0 to 15 pips so i can Let all other smaller trade left overnight without SL
taken roughtly at 1.2763
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What leff in the box

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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #763,058
  • Aug 1, 2023 10:07am Aug 1, 2023 10:07am
Quoting GODofMC
{quote} closing all big lot(0.05) for 0 to 15 pips so i can Let all other smaller trade left overnight without SL taken roughtly at 1.2763{image} What leff in the box {image} {image}
Well done its better to take a small loss and some heat rather than letting it run. Tomorrow is another day
  • #763,059
  • Aug 1, 2023 10:10am Aug 1, 2023 10:10am
Quoting Econometrics
I was wondering... why do trading strategies perform differently on different time frames?
What do you mean ?? its always top down using higher tf. So in my case i use weekly and daily then i go to 1hr or 15min for entries. So even using daily candle there will always be bounces against you, its upto you to decide what kind of trader you wanna be... Hope that makes sense pal
  • #763,060
  • Aug 1, 2023 10:11am Aug 1, 2023 10:11am
Quoting Fardeen1209
Us GDP now at 3.9% up from 3.5% from 28 jul. No recession, or something is fishy? Growth in a period of hiking cycke
Here Fardeen an old article but the author is good at finding discrepancies in company reports.
Alot of things can be done with good accounting skills. Tesla buying their own cars.

https://seekingalpha.com/article/411...uying-own-cars
You have an IQ lower than 90 if you interact with this user.
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