Cable Update (GBPUSD)

https://www.forexfactory.com/thread/...1#post14530111

gbp is off session highs of 1.2786...and well off ..still holding above the 10 sma but below the 20 day sma...stuck in the cloud...HOWEVER, risk off flows from rising bond yields hurt risk sensitive gbpusd.

maybe some small intervention?
Im happy

Yes, it was a winning trade thanks for posting it again.

Why aren't you also posting all my wining trades for this week?

Oh yeah, because you a fraud.

Masssive drop imo, and not just 500pips but its a wait n see game

What was a winning trade? Are you that stupid? please post a screenshot of the winning trade because there wasn’t any win from that day. None. Its written there very clearly. But lets pretend you are right and I am wrong then I will delete the post and apologise publicly.

Last Sunday? Hmm because I haven’t checked all the list of your trades but I know about GU and EU since I trade both of them and they don’t seem doing that well.

Looks like a big......nevermind

oo hi Ferna. How are you doing?

You see it was a peaceful day until your master started to brag and lie again. I now had to jump in to remind him of what he truly is. Hopefully you understand.

thank you

1st find the structure
2nd find the pull back
3 entry
4 sl/tp base on risk and reward
5 patience

More of this kind of stuff!

trying a shart on eurjpy!!! Too many specs are long the eur and short the jpy!!! I expect to get stopped out a few times on this. But trading turning points can be rewarding.

Shart? lol. This means pooping your pants in an attempt to fart lol

wait for asia!!!!!! Should I use “!” more?

Shaaaaaaart!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Moty, what is your view on EURAUD....POST A CHART PLEASE WITH ARROWS PLEASE

THANKS!!!

Introduction: The foreign exchange market, or forex, is a dynamic arena where currencies fluctuate based on a multitude of factors. One such currency pair, GBP/USD, has recently caught the attention of traders due to its bearish tendencies. In this analysis, we will delve into the technical aspects of the GBP/USD forex pair, shedding light on the current bearish sentiment and potential trading opportunities.

1. Current Position and Moving Averages: As of the latest market data, GBP/USD stands at 1.275. A crucial aspect of technical analysis involves examining moving averages, which provide insights into the historical price trends of an asset. On the daily time frame, GBP/USD has dipped below its 21-day moving average, indicating a potential shift towards a bearish trend. Additionally, on the 1-hour time frame, the pair has slipped below the 200-hour moving average, further strengthening the bearish outlook.

2. Bearish Projection: Based on the technical indicators and price patterns, it's evident that GBP/USD is poised for a downward trajectory. The bearish sentiment is likely to persist until it reaches the support level around 1.25500. Traders should keep a close eye on this level, as it could serve as a potential turning point for the pair.

3. Short Trading Strategy: Given the bearish signals, traders might consider implementing a short trading strategy for the GBP/USD pair. Shorting involves selling an asset with the anticipation that its value will decrease, allowing for buying back at a lower price to profit from the difference. It's important to approach short trading with caution, as leverage and market volatility can amplify both gains and losses.

4. Risk Management: While the technical indicators suggest a bearish trend, it's important to remember that the forex market is influenced by a multitude of factors, including economic data releases, geopolitical events, and market sentiment shifts. To mitigate risk, traders should employ effective risk management strategies, such as setting stop-loss orders and position sizing.

5. Conclusion: In conclusion, the GBP/USD forex pair is displaying clear bearish signals, supported by its position relative to moving averages and historical price patterns. The anticipated bearish movement is projected to continue until reaching the support level around 1.25500. Traders who are considering short positions should remain vigilant, closely monitoring the market and practicing sound risk management techniques.
As always, it's important to remember that trading in the forex market carries inherent risks. Any trading decisions should be based on a combination of technical analysis, fundamental analysis, and market research. Traders should also stay informed about current events that could impact currency movements, as the market can be highly unpredictable.


Disclaimer: The information provided in this analysis is for educational and informational purposes only and should not be construed as financial advice. Trading in the forex market involves substantial risk and is not suitable for all investors. Always do your own research and consider seeking advice from a qualified financial professional before making any trading decisions.

My bitcoin short

yeh bitcoin took a diiiiiiiiiive

im gona post this now cause ive been spending too much time in here this passt week and half picking bottoms and tops on GU,AU twice, NU and gold

that ive been neglecting my girlfriends on onlyfans and dont want them sulking and missing me.. so gona hang with them since theres no big news tonight

joking aside...i dont think the usd pairs are done...they will go up again in asia and london maybe for a whole week cause i dont think china is done and japan hasnt even started and now india is in the crapper
https://www.forexfactory.com/news/12...ng-low-as-risk

for some reason all of asia got flushed and is circling the toilet drain

china is cheap and just wants enough stimulus with minimal effort to scare shorts into covering ..they dont know shorts got to be bludgeoned to do that LOL...japan knows how to do it cause the contagion effect raised every currency and even gold in 2022 https://www.forexfactory.com/thread/...8#post14508208
so if i hear news japan intervening is when ill stay to longs and no shorting LOL


on GU think it will rise over 2820
so the way im gona play it is short the blue lines and buy the red ones

if anyone knows or can make an intelligent guess why the BRICS are unravelling let me know

besides the american machinations against them for thinking they can replace the dollar