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Cable Update (GBPUSD)

  • #764,501
  • Aug 5, 2023 8:15am Aug 5, 2023 8:15am
Quoting Robinhood1
For ingeneering students https://youtu.be/pk4xa6Tzwvk
cool video!
without patience how can you be a trader?
  • #764,502
  • Aug 5, 2023 8:20am Aug 5, 2023 8:20am
Tp 1.28500 ,target of inverted h&s
Attached Image (click to enlarge)
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yes yes yes
  • #764,503
  • Aug 5, 2023 8:46am Aug 5, 2023 8:46am
Quoting Bones
That's my view, the choice is yours, hammer or hangman, on the daily I read morning star VERY high probability it WILL go higher than the current price. {image}
Nice trendline
I agree with you, I'm a buyer on lower time frames, hoping to close around 1.2950/1.3000, and maybe sell from there...maybe...
But next touch may break the yellow trendline.
We are at levels of March 2022, when FED started rate hikes...and maybe after September they will stop...maybe...
  • #764,504
  • Aug 5, 2023 8:48am Aug 5, 2023 8:48am
Quoting TheWraith
JPMorgan backs off recession call even with ‘very elevated’ risks JPMorgan Says Cut Equities and Buy More Gold What a bunch of assholes...
i said this before them. Why are they spying here?

Oh btw JpMorgan pm me for my number. I prefer cadillac and grapejuice. And i do play tennis.
You have an IQ lower than 90 if you interact with this user.
  • #764,505
  • Aug 5, 2023 9:10am Aug 5, 2023 9:10am
Larry Williams new show:
Inserted Video
You have an IQ lower than 90 if you interact with this user.
  • #764,506
  • Aug 5, 2023 9:10am Aug 5, 2023 9:10am
Quoting TheWraith
This is informative, but also funny as hell. If you want to have a good laugh watch! Funnyyyyyyyyyyyyyyy! https://www.youtube.com/watch?v=te1Abp5O0Uc
Funny video but I think oil is going to crash hard. People seem to have a political agenda against the U.S. dollar, but I am about making money. The USD will crush everything.

People have extreme pessimism against the USD right now which is usually a reversal indicator.

Don't be surprised if there is no follow through whatsoever from the bad NFP print.
Trade at your own risk.
  • #764,507
  • Aug 5, 2023 9:30am Aug 5, 2023 9:30am
Quoting Moty
Tp 1.28500 ,target of inverted h&s {image}
Let's change the way how you're trading.

- Only 1 trade with 0.05 lot
- You need to use stop loss
- You need to finish the week with profit.

What you think, you agree.
Together we can be strongest
Vantage Return This Month: na
  • #764,508
  • Aug 5, 2023 9:31am Aug 5, 2023 9:31am
Quoting Fx3423454
{quote} Funny video but I think oil is going to crash hard. People seem to have a political agenda against the U.S. dollar, but I am about making money. The USD will crush everything. People have extreme pessimism against the USD right now which is usually a reversal indicator. Don't be surprised if there is no follow through whatsoever from the bad NFP print.
Yeah yeah yeah... actually this makes a lot of sense! What happened to stocks when pessimism was at all time high? Stocks started to go up! Haha.. always the same shit. Recession is coming, recession is coming! No recession...

However!, now that media started boasting again about how there is not going to be any recession ever and how labour market is so strong and optimism improved, maybe now, some kind of crash will come. Money can of course, again fly to USD.

Maybe that CPI will help kick-off USD. Also, I told you if Weekly closes above 1.27565 it's game over for Bears, but price closed below that. This isn't over.
We all know what will happen if CPI Y/Y comes out at perhaps 3.5%.. you can bet stocks will be down and USD up. People think inflation is over, but are we just witnessing another leg coming up? Well, this will definitely crush stocks this time when Fed will be forced to raise IR to around 7%. Gold, I don't know what will happen, I think it'll neither go up nor fall too drastically. We'll see... another round of rate hikes? God that would be horrible...
  • #764,509
  • Aug 5, 2023 9:32am Aug 5, 2023 9:32am
usd/cad.
this pair has reached a resistance level and is located in the upper part of the trend channel, ready for a southward movement.
but it is advisable to test this level further before opening a position.
balance is restored to 1.32500
D1.
perhaps I am wrong.
  • #764,510
  • Aug 5, 2023 9:37am Aug 5, 2023 9:37am
Quoting Fx3423454
{quote} Funny video but I think oil is going to crash hard. People seem to have a political agenda against the U.S. dollar, but I am about making money. The USD will crush everything. People have extreme pessimism against the USD right now which is usually a reversal indicator. Don't be surprised if there is no follow through whatsoever from the bad NFP print.
still it’s no conspiracy that they gona issue a new currency.
If we look throughout history since the invention of currency, every time there was a new currency issued -the old one greatly depreciated in value.

Issuing a new currency is the smartest way to get rid of trillions of dollars of outstanding debt.
You basically give em a trillion corns of sand back and call it even.
You have an IQ lower than 90 if you interact with this user.
  • #764,511
  • Aug 5, 2023 9:44am Aug 5, 2023 9:44am
Quoting palpite
{quote} Let's change the way how you're trading. - Only 1 trade with 0.05 lot - You need to use stop loss - You need to finish the week with profit. What you think, you agree.
Hey, how are you? It is hard challenge to finish every week with profit. It is even hard to finish every month with profit. Can you achieve those goals constantly?
I bet even the best trades can't have profitable periods all the time.

  • #764,512
  • Aug 5, 2023 10:00am Aug 5, 2023 10:00am
Quoting Fx3423454
{quote} Funny video but I think oil is going to crash hard. People seem to have a political agenda against the U.S. dollar, but I am about making money. The USD will crush everything. People have extreme pessimism against the USD right now which is usually a reversal indicator. Don't be surprised if there is no follow through whatsoever from the bad NFP print.
So when will this "crush" happen..?
  • #764,513
  • Aug 5, 2023 10:05am Aug 5, 2023 10:05am
Quoting Waveskierrob
{quote} Yes exactly "you have no selfawarness" thanks again for proving my point....
Why are you ignoring Moty?
  • #764,514
  • Aug 5, 2023 10:16am Aug 5, 2023 10:16am
Quoting genadi
{quote} Why are you ignoring Moty?
Good question...Moty has ignored me for years and I was really bored waiting for a flight and thought there's no point reading someone else's posts if they don't want to read mine, "no interaction", just that simple really...
  • #764,515
  • Aug 5, 2023 10:17am Aug 5, 2023 10:17am
Quoting genadi
{quote} Why are you ignoring Moty?
...and just out of curiosity did you ask Moty the same question...
  • #764,516
  • Aug 5, 2023 10:24am Aug 5, 2023 10:24am
Quoting palpite
{quote} Of course my friend, i want we trade together. Never against us here. Together we will be strongest.
Agreeed sir
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More time in the market, does not mean you trade better!
  • #764,517
  • Aug 5, 2023 10:26am Aug 5, 2023 10:26am
Quoting Waveskierrob
{quote} ...and just out of curiosity did you ask Moty the same question...
no, i have not.
i just saw that you liked my post, then i checked your profile to see if you are in my friend list (sad, but you are not).
then i saw that you have 18 people on your ignore list, so i checked who are those noble ones. and i saw Moty there.
that is how it was.
  • #764,518
  • Aug 5, 2023 10:28am Aug 5, 2023 10:28am
Quoting genadi
{quote} Hey, how are you? It is hard challenge to finish every week with profit. It is even hard to finish every month with profit. Can you achieve those goals constantly? I bet even the best trades can't have profitable periods all the time.
This is a process, first we need to fix the mistakes. Step by step. You want to be millionaire, but you can't to earn at least $100 per week. The process need to be slowly and progressive.
Together we can be strongest
Vantage Return This Month: na
  • #764,519
  • Aug 5, 2023 10:33am Aug 5, 2023 10:33am
Quoting genadi
{quote} no, i have not. i just saw that you liked my post, then i checked your profile to see if you are in my friend list (sad, but you are not). then i saw that you have 18 people on your ignore list, so i checked who are those noble ones. and i saw Moty there. that is how it was.
...and out of that list of 18 only Moty came out noble ...No worries...
  • #764,520
  • Aug 5, 2023 10:40am Aug 5, 2023 10:40am
I personally appreciate every trader. Unfortunately, Moty's trading is not evolving. He's constantly changing his strategy. It's been going on for years now. At some point you have to admit: I can't do it! Sorry
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