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Cable Update (GBPUSD)

  • #765,761
  • Aug 9, 2023 8:22pm Aug 9, 2023 8:22pm
Took GU long for 2750
Intraday only.
  • #765,762
  • Aug 9, 2023 8:25pm Aug 9, 2023 8:25pm
close all eu trades..24 hour only got 30pips...just wasting time..
  • #765,763
  • Aug 9, 2023 8:29pm Aug 9, 2023 8:29pm
Quoting voeltoez
CPI will move this pair to 1.2600..lower daily bands..
IMO, 2750 to 2600 by today end.

If not, another scenario, 2750 to 2700 and then 2850.
Intraday only.
  • #765,764
  • Aug 9, 2023 8:38pm Aug 9, 2023 8:38pm
Quoting navk
{quote} IMO, 2750 to 2600 by today end. If not, another scenario, 2750 to 2700 and then 2850.
we need 200pips move today lol...2500 or 2900
  • #765,765
  • Aug 9, 2023 9:11pm Aug 9, 2023 9:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: the gbp 5min now.png Size: 9 KB


"Seeing is believing"

Peter
Real Trading is not gambling.
  • #765,766
  • Aug 9, 2023 9:15pm Aug 9, 2023 9:15pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbp 30 now.png Size: 9 KB


GBP 30min

"Seeing is believing"


Peter

PS - Oh Look!! The plane boss the plane is going up!!
Real Trading is not gambling.
  • #765,767
  • Aug 9, 2023 9:17pm Aug 9, 2023 9:17pm
If you cannot do it with 10pip movements how the hell are you gonna do it on anything bigger?

Just a thought.


Peter
Real Trading is not gambling.
  • #765,768
  • Aug 9, 2023 9:37pm Aug 9, 2023 9:37pm
Quoting navk
{quote} IMO, 2750 to 2600 by today end. If not, another scenario, 2750 to 2700 and then 2850.

problem with that basically all the flows have been coming out of yen complexes and moving into the euro, gbp and usd complexes so probably not the best pair to trade at the the moment....
  • #765,769
  • Aug 9, 2023 9:55pm Aug 9, 2023 9:55pm
Quoting PeterCaleb
{image} "Seeing is believing" Peter
Trend lines aren't trades. And you've posted all the analysis that you're capable of producing -- none. How pathetic. Have a drink, Peter!
  • #765,770
  • Aug 9, 2023 10:07pm Aug 9, 2023 10:07pm
Quoting ninner
{quote} problem with that basically all the flows have been coming out of yen complexes and moving into the euro, gbp and usd complexes so probably not the best pair to trade at the the moment....
Slow action, yes.

I expect 2700 to hold for 2750/40 for big news event.
Intraday only.
  • #765,771
  • Aug 9, 2023 10:07pm Aug 9, 2023 10:07pm
Quoting ninner
{quote} problem with that basically all the flows have been coming out of yen complexes and moving into the euro, gbp and usd complexes so probably not the best pair to trade at the the moment....
for the week up until wed.....the usd is the positive secondary driver while the gbp is the positive mover so ..yen is the unopposed primary negative driver....is this the bottom for the yen or a rampdown.....i think it may be a ramp down...
  • #765,772
  • Aug 9, 2023 10:10pm Aug 9, 2023 10:10pm
Quoting GEfx
{quote} Trend lines aren't trades. And you've posted all the analysis that you're capable of producing -- none. How pathetic. Have a drink, Peter!
Fck.hahaha

Voluminous paragraph posts and what do we have in the end, random slashes. bwahahah

I'm really sorry I can't stop laughing. It's GEfx's fault. Damn.

I'm not mocking, just had a laugh.
The market hides a perfect geometry.
  • #765,773
  • Aug 9, 2023 10:11pm Aug 9, 2023 10:11pm
Quoting navk
{quote} Slow action, yes. I expect 2700 to hold for 2750/40 for big news event.

its not really a slow action week...yesterday was abit slower but this week there has been alot of positioning.....positioning for cpi maybe????
  • #765,774
  • Aug 9, 2023 10:12pm Aug 9, 2023 10:12pm
Quoting navk
{quote} Usual ( I should not use this word ) the price goes to a new place..and then bounce or retrace. Remember whole of NY failed to go up... so, the price needs to see new low and retrace. This is again observation over a period of time. Currently, the price sits at support, but is there any momentum to upwards ? No.
The way i see is price comeback to support from a lower high
More time in the market, does not mean you trade better!
  • #765,775
  • Aug 9, 2023 10:13pm Aug 9, 2023 10:13pm
Quoting ninner
{quote} its not really a slow action week...yesterday was abit slower but this week there has been alot of positioning.....positioning for cpi maybe????
yes, positioning means..profit booking.
Intraday only.
  • #765,776
  • Aug 9, 2023 10:19pm Aug 9, 2023 10:19pm
Quoting navk
{quote} yes, positioning means..profit booking.
no positioning means...positions for ....WAIT FOR IT..........C.........P........I..........!!!
  • #765,777
  • Aug 9, 2023 10:32pm Aug 9, 2023 10:32pm
Quoting FulMargnAlch
{quote} Fck.hahaha Voluminous paragraph posts and what do we have in the end, random slashes. bwahahah I'm really sorry I can't stop laughing. It's GEfx's fault. Damn. I'm not mocking, just had a laugh.
Every inexperienced nube looks at a chart and dreams of being able to trade the small moves, to know enough to trade at the beginning of a move, change positions when the move reverses, and so on. If you could do that you could make 5% every day! This is Peter's delusion, and all he can do is post a few charts with his little lines to pump up his persona. Such an ongoing joke
  • #765,778
  • Aug 9, 2023 10:41pm Aug 9, 2023 10:41pm
Quoting GEfx
{quote} Every inexperienced nube looks at a chart and dreams of being able to trade the small moves, to know enough to trade at the beginning of a move, change positions when the move reverses, and so on. If you could do that you could make 5% every day! This is Peter's delusion, and all he can do is post a few charts with his little lines to pump up his persona. Such an ongoing joke
Impossible to make 5 percent every day....impossible to make a profit every day!!!
  • #765,779
  • Aug 9, 2023 10:47pm Aug 9, 2023 10:47pm
Quoting ninner
{quote} Impossible to make 5 percent every day....impossible to make a profit every day!!!
Peter has explained his process: he finds the instruments that will deliver 5% each day, and then trades them. Its that easy! And he revealed another detail in his last post: he uses his trend lines on 10 pip moves, because if you can't do that, you'll never be able to trade big moves! He's such a fraud.
  • #765,780
  • Aug 9, 2023 10:49pm Aug 9, 2023 10:49pm
Quoting ninner
{quote} problem with that basically all the flows have been coming out of yen complexes and moving into the euro, gbp and usd complexes so probably not the best pair to trade at the the moment....
UJ and EJ possible for short for tight SL
Lets see
Cheers
my loss is your gain
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