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Cable Update (GBPUSD)

  • #764,461
  • Edited 6:18pm Aug 4, 2023 5:47pm | Edited 6:18pm
Quoting Wavegarrick
{quote} I cannot say that I have this Folks.but I do know that I am in a spot of bother. Stay tuned as I try and get myself out of this pickle next week and I bet the haters will pounce on it. Have a great weekend. Cheers {image}
Hold your nerve Amigo, I reckon you'll be fine.
Looks to me like the bears are just reloading off resistance
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Compulsions can be hard to resist
  • #764,462
  • Aug 4, 2023 5:53pm Aug 4, 2023 5:53pm
Quoting PeterCaleb
aaaand a beeer or three
Nice to see you cut loose a little last night Peter
I hope you're ok this morning and not finding any Tigers in your bathroom
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Compulsions can be hard to resist
  • #764,463
  • Aug 4, 2023 7:03pm Aug 4, 2023 7:03pm
Quoting OnlineAddict
GU appears still weak around 2750...so lets test 2950 next week, just because most people are short and not expecting a bullish run, so market might just fuck with them. I will set my target below 3000 even, lets see.
Most are still long, and have been since last time you said most were short.
https://www.forexfactory.com/trades#...ions-details=1

Where are you getting your data from?
I find my posted link quite a good contra-indicator most of the time. This is not meant to be a go at traders on this site, but it is quite a good confirming indicator after doing analysis.
Compulsions can be hard to resist
  • #764,464
  • Aug 4, 2023 7:26pm Aug 4, 2023 7:26pm
Guys, GU closed at 1.27370 as per FXCM chart, but my broker close 1.27495, that's quite a difference.
Then I type in key word "GBPUSD" in google and click into various sites such as Bloomberg, Investing.com, DailyFX, FXstreet, Marketwatch, etc, and arrive at the result closer to the more bullish pricing of 1.2745 to 1.275.

So which one is correct?
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #764,465
  • Aug 4, 2023 7:32pm Aug 4, 2023 7:32pm
Quoting GEfx
{quote} Wow! I just read Peter's drunken contribution last night to the thread. Quite a spectacle. Peter, you insult and deride people with such ease. Your hate and contempt for the participants of this thread says a lot about you. The most hateful and contemptuous people on FF are the people who have failed at trading. It is obvious that you are not a trader, and your caustic attitude is a clear indication that you are having a hard time dealing with your failure in trading. Only failures show up on "sites like these" with such vile and anger (there...
At least, Peter takes his talking to. There is a whole cult of lying frauds on this site that get a free pass. Peter's grievances likely stem from them. Just like Ninner who posted a good chart last night which turned out to be a big winner, but the cult won't acknowledge his good trade they will only smear him later on.

Not making excuses for anybody but I personally don't l like it when there is a small gang of angry fools who think they can go without consequences while they condemn other people for doing the same thing, they are guilty of.

Anyway, I love this commentary it's hilarious, especially last night when you talked about his trading results would be larger than the U.S. GDP.

Good times.
Trade at your own risk.
  • #764,466
  • Aug 4, 2023 7:36pm Aug 4, 2023 7:36pm
Quoting Reverso
Guys, GU closed at 1.27370 as per FXCM chart, but my broker close 1.27495, that's quite a difference. Then I type in key word "GBPUSD" in google and click into various sites such as Bloomberg, Investing.com, DailyFX, FXstreet, Marketwatch, etc, and arrive at the result closer to the more bullish pricing of 1.2745 to 1.275. So which one is correct?
my broker1.27492

maybe FXCM wanted to buy GU for a discount from naive sellers?
You have an IQ lower than 90 if you interact with this user.
  • #764,467
  • Aug 4, 2023 7:58pm Aug 4, 2023 7:58pm
Quoting trumps
{quote} Most are still long, and have been since last time you said most were short. https://www.forexfactory.com/trades#...ions-details=1 Where are you getting your data from? I find my posted link quite a good contra-indicator most of the time. This is not meant to be a go at traders on this site, but it is quite a good confirming indicator after doing analysis.
Myfxbook, which also shows me where the average shorts and longs are. Ratio is 50/50 now, shorts are in a 200 pip drawdown. 200 more and most are gone and the ratio will be maybe 75/25(short/long). But its all just speculation, of course, new week can start and do whatever.
Everyone can see the chart, but only a few can actually read it.
  • #764,468
  • Aug 4, 2023 8:12pm Aug 4, 2023 8:12pm
Quoting OnlineAddict
{quote} Myfxbook, which also shows me where the average shorts and longs are. Ratio is 50/50 now, shorts are in a 200 pip drawdown. 200 more and most are gone and the ratio will be maybe 75/25(short/long). But its all just speculation, of course, new week can start and do whatever.
Most are still long, 48% short, 52% long.
https://www.myfxbook.com/community/outlook
But I agree, a new week is a new week.
Compulsions can be hard to resist
  • #764,469
  • Edited 11:19pm Aug 4, 2023 9:29pm | Edited 11:19pm
Quoting imjoshbrown
{quote} GBPUSD I closed out too early. The pair freaks me out sometimes EURUSD and USDJPY I set stops that were like 0.1 pips too tight, had to re-enter. Did anyone find my posts helpful? Let me know! {image} {image}
I though I'd post my results following this afternoon's trades:

Captured ~58 pips long on EURUSD, closed at ADR high. Late traders would have seen the pump, and got caught up buying the rally and as you can see, the dealer reversed away toward the end of the day, jamming late longs.

Caught ~206 pips selling USDJPY. Although I anticipated the correction sometime at the beginning of the European session, it wound up happening at NFP. Interesting how they played above the 200EMA, ALMOST had me FOOLED!
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Discouragement is the language of the devil. Results over hype.
  • #764,470
  • Aug 4, 2023 10:07pm Aug 4, 2023 10:07pm
Quoting Fx3423454
{quote} At least, Peter takes his talking to. There is a whole cult of lying frauds on this site that get a free pass. Peter's grievances likely stem from them. Just like Ninner who posted a good chart last night which turned out to be a big winner, but the cult won't acknowledge his good trade they will only smear him later on. Not making excuses for anybody but I personally don't l like it when there is a small gang of angry fools who think they can go without consequences while they condemn other people for doing the same thing, they are guilty...
This is from fxcm US demo DC1 server. I use it to do my fib. for a loooong time. I have account with them before they change the leverage.
I'm not sure about this but try to change your server (bottom right screen, click that connection status).
In demo, in some server sometimes data is missing/late to update.
Again, i'm not sure for live server. But worth to check.

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Don't mind me.. i'm crazy
  • #764,471
  • Aug 4, 2023 11:26pm Aug 4, 2023 11:26pm
Quoting Ferna
{quote} my broker1.27492 maybe FXCM wanted to buy GU for a discount from naive sellers?
That is not unique.
fxcm usually in the last 15m have a different close than other.

It is negligible.. when market open they will show you the hidden GAP in their own way.

they always saying that they are the best with quotes, i think they are the worse
  • #764,472
  • Aug 5, 2023 12:16am Aug 5, 2023 12:16am
Quoting Wavegarrick
{quote} I cannot say that I have this Folks.but I do know that I am in a spot of bother. Stay tuned as I try and get myself out of this pickle next week and I bet the haters will pounce on it. Have a great weekend. Cheers {image}
Thanks Leon for responding to my request and updating your chart..
  • #764,473
  • Aug 5, 2023 12:43am Aug 5, 2023 12:43am
Quoting Wavegarrick
{quote} I cannot say that I have this Folks.but I do know that I am in a spot of bother. Stay tuned as I try and get myself out of this pickle next week and I bet the haters will pounce on it. Have a great weekend. Cheers {image}
Not from me I've never attacked you trades or trading style...
  • #764,474
  • Aug 5, 2023 12:57am Aug 5, 2023 12:57am
Quoting Fx3423454
{quote} At least, Peter takes his talking to. There is a whole cult of lying frauds on this site that get a free pass. Peter's grievances likely stem from them. Just like Ninner who posted a good chart last night which turned out to be a big winner, but the cult won't acknowledge his good trade they will only smear him later on. Not making excuses for anybody but I personally don't l like it when there is a small gang of angry fools who think they can go without consequences while they condemn other people for doing the same thing, they are guilty...
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  • #764,475
  • Aug 5, 2023 1:03am Aug 5, 2023 1:03am
Weather shit outside so another paperwork day for Waveski, so that can only mean one thing....
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....probably not...
  • #764,476
  • Aug 5, 2023 1:30am Aug 5, 2023 1:30am
The week ended well, I hope everyone is like that!
  • #764,477
  • Aug 5, 2023 3:33am Aug 5, 2023 3:33am
Quoting Ferna
{quote} my broker1.27492 maybe FXCM wanted to buy GU for a discount from naive sellers?
Hi Ferna. We must understand that some corporations have a bunch of privileges like a king. He could kill anyone without being countable. I am long nzdusd while the corporation has been shorting in an atempt to bring price down as much as possible. They have failed but are succeeding closing @ 0.6068 and possibly lower at the weekend. There are always big corporations where that price suits both sides. So this manouver will explain how they hold a price range for so long against whoever is needed.
POSTMASTER
  • #764,478
  • Aug 5, 2023 3:35am Aug 5, 2023 3:35am
checking weekend pa , next may rage up initially 1.2709 to 2805 target , may range below 1.2684 , to 2660 to 2860 weekly range . overall correct to get target 2806 and next 2887 and over 2995 weekly next while survive further bear ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #764,479
  • Aug 5, 2023 3:35am Aug 5, 2023 3:35am
Quoting Robinhood1
{quote} Hi Ferna. We must understand that some corporations have a bunch of privileges like a king. He could kill anyone without being countable. I am long nzdusd while the corporation has been shorting in an atempt to bring price down as much as possible. They have failed but are succeeding closing @ 0.6068 and possibly lower at the weekend. There are always big corporations where that price suits both sides. So this manouver will explain how they hold a price range for so long against whoever is needed.
They have fresh money to try again from monday but they will fail in the long run even though they end up making profit.
POSTMASTER
  • #764,480
  • Aug 5, 2023 3:46am Aug 5, 2023 3:46am
Quoting Robinhood1
{quote} Hi Ferna. We must understand that some corporations have a bunch of privileges like a king. He could kill anyone without being countable. I am long nzdusd while the corporation has been shorting in an atempt to bring price down as much as possible. They have failed but are succeeding closing @ 0.6068 and possibly lower at the weekend. There are always big corporations where that price suits both sides. So this manouver will explain how they hold a price range for so long against whoever is needed.
This means they are washing out the last longs ? So they can sell all their positions at a premium all the way up?
You can’t have the mind of a daytrader in this game unless your a scalper? Must be atleast swingtrader to pay more attention to these things?
the dollar might try for a last run, i saw it on the boundary.
You have an IQ lower than 90 if you interact with this user.
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