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Cable Update (GBPUSD)

  • #770,441
  • Aug 25, 2023 5:38am Aug 25, 2023 5:38am
Quoting dantpm
Hopefully with the temporary suspensions of Peter and FX#'s some of the great contributors to this thread will reconsider abandoning it! If they come back as disruptive, I would support getting them blocked from the thread!
Best, Freudian slip I've seen in a while...

Yes, as a great contributor to this thread I will reconsider abandoning it.

Also, thanks for exposing yourself.
Trade at your own risk.
  • #770,442
  • Aug 25, 2023 5:41am Aug 25, 2023 5:41am
Quoting Fx3423454
{quote} Best, Freudian slip I've seen in a while... Yes, as a great contributor to this thread I will reconsider abandoning it. Also, thanks for exposing yourself.

khhmm... you mean as great

sorry

gl with your stuff, you know.
How to succeed in zero sum game?
  • #770,443
  • Aug 25, 2023 5:41am Aug 25, 2023 5:41am
Quoting dantpm
{quote} If you examine Chinese holding of US debt you will notice that it has been declining for several years now. Chinese trade with Iran has grown in spite of US prohibitions about trading with Iran. Saudi agreed to trade oil with China for Yuan. These are just a few examples that show that the change has been happening for years already. It could be that as a result of these changes the US is trying to start wars to prop up the demand for their currency but that doesn't appear to be working in the US's favor right now.
You are misleading everyone in this thread with your delusional analysis. I am beginning to think they love to see their money disappear.
Trade at your own risk.
  • #770,444
  • Edited 5:57am Aug 25, 2023 5:44am | Edited 5:57am
Quoting dantpm
{quote} If you examine Chinese holding of US debt you will notice that it has been declining for several years now. Chinese trade with Iran has grown in spite of US prohibitions about trading with Iran. Saudi agreed to trade oil with China for Yuan. These are just a few examples that show that the change has been happening for years already. It could be that as a result of these changes the US is trying to start wars to prop up the demand for their currency but that doesn't appear to be working in the US's favor right now.
American citizens are by and large the biggest holders of U.S. debt.

Everyone is tired of your anti-American propaganda.
Trade at your own risk.
  • #770,445
  • Aug 25, 2023 5:45am Aug 25, 2023 5:45am
Quoting PeterCaleb
{quote} yeah people like you don't help the situation either. I know I'm a real person from the real world speaking about real things here. It's not hard to see what goes on. You people prioritize fantasy over reality. Ever "wondered WHY" you people don't do as well in your trading? Could it be because you specify individualized views among the populus that is tracked? No need for conspiracy ...... you dumbasses are advertising it on this site. Now add up the detailed persona who "use" specific tools regularly, specific approaches "religiously/mechanically"...
I stated nothing about trading. Seems you're so caught up in declaring everyone on FF to be clueless about trading that you can only go on-and-on about that, even when the subject of a post is not about trading at all.

As for doing well in my trading, well, I guess it must be pure luck (as I have stated on other threads) to have a near 100% win rate with annual profits that are "good" for me maintained over several years.

By the way, I never claimed to be helping the "situation" nor that I desired to try to.

I knew a guy in a mental institution that believed that he knew that he was a real person from the real world speaking about real things there.
To free Gazans of Hamas, use whatever it takes.
  • #770,446
  • Aug 25, 2023 5:45am Aug 25, 2023 5:45am
G/M, Big bearish thrust candle on the dly t/f y/day and what will now be a L - when it forms fractally, below the last HL on wkly t/f. Downside follow-thru off that in Asia and bounce up in London so far, this from the Asian/current dly lo. Right now price is challenging the prev 4hr/dly/minor wkly sw lo zone that began @ 2591 and on 4hr/dly stretches up to circa 2607...wider on wkly. Above the 4hr/dly parts of this zone the prev 1hr/4hr sw lo zone that begins @ 2614 and on 4hr extends up to circa 2629, with a 3 fib cluster in it circa 2616-26.} both of these zones = prev supp = pot sbr.

4hr below
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Trader with an Edge.
  • #770,447
  • Aug 25, 2023 5:47am Aug 25, 2023 5:47am
Morning folks. I raised my head above the parapet the other week and called Cable/Fibre as bearish in the immediate short term. I explained why ie a weekly pivot (swing high). The opportunity then was to anticipate ‘trading back inside the range’ created. Each pair has now passed ‘equilibrium’ and reached ‘discount’ prices. The anticipation (not expectation) now is a pivot/swing low and shift to bullish sentiment. It may not happen - it may continue bearish south - depends on the dollar. For more on this and how to learn it/who to research on real price action, see my previous posts. Bonne chance.
  • #770,448
  • Aug 25, 2023 5:51am Aug 25, 2023 5:51am
Quoting PeterCaleb
{quote} I would say you're ALL slow. Don't want to admit you don't know the basics so are constantly at a loss to really learn, on and OFF the chart. If you learn step one then the rest follows. So no, not paranoid, or crazy etc. Been doing this a lot longer than most here. Gambling is a disease. Dress it up if you want, but real trading chews up and spits out gamblers with blind bloated egos and knowledge every year. Peter
Looks like slow me is so fortunate to have dumb luck to overcome such blatant deficiencies that I am able maintain a near 100% win rate with annual profits that are "good enough" for me.
To free Gazans of Hamas, use whatever it takes.
  • #770,449
  • Aug 25, 2023 5:53am Aug 25, 2023 5:53am
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Trade at your own risk.
  • #770,450
  • Aug 25, 2023 5:53am Aug 25, 2023 5:53am
The GU daily chart became a positive line. I would like to expect a long position to the quarter. Because today is Friday.

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  • #770,451
  • Aug 25, 2023 5:58am Aug 25, 2023 5:58am
Quoting Waveskierrob
{quote} Fight the urge to read their posts, it gets funnier the more you do it, image they are just in a lonely room ranting to themselves...it's priceless but some on my ignore list I'll keep reading and replying as I know it winds them up...
some on my ignore list I'll keep reading and replying as I know it winds them up...

It's almost a requirement, now that the thread has degenerated into little more than a spot for a daily dose of drama.
To free Gazans of Hamas, use whatever it takes.
  • #770,452
  • Aug 25, 2023 6:02am Aug 25, 2023 6:02am
UJ Will it become a shadow line by eating up the gap below? Maybe there's a big buy waiting for you if you go there?
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  • #770,453
  • Aug 25, 2023 6:04am Aug 25, 2023 6:04am
In case anyone needs actual data trends about China's declining holdings of US debt.

https://fullyvested.com/insights/chi...ubt%20continue.
  • #770,454
  • Aug 25, 2023 6:12am Aug 25, 2023 6:12am
Topical what is happening with the BRICS and why they aren't implementing a Brics reserve currency right now:

https://moderndiplomacy.eu/2023/08/2...st-dollar-era/
  • #770,455
  • Aug 25, 2023 6:15am Aug 25, 2023 6:15am
GU: We're closing early today. Finish before NY.
Thank you for your hard work this week. I'll be aiming for the short again early next week.
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  • #770,456
  • Aug 25, 2023 6:15am Aug 25, 2023 6:15am
Bulls working

critical level 1.262
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  • #770,457
  • Aug 25, 2023 6:18am Aug 25, 2023 6:18am
Quoting dantpm
In this current 'cycle', EU is probably a better proxy for GU direction than GU! EU isn't showing the false reversals.
Try checking EU, EG, and GU: You'll see which of the three is the best choice.
To free Gazans of Hamas, use whatever it takes.
  • #770,458
  • Aug 25, 2023 6:22am Aug 25, 2023 6:22am
I have closed positions on Yen, all in all at zero, some in profit some in loss.
  • #770,459
  • Aug 25, 2023 6:24am Aug 25, 2023 6:24am
ALRIGHT FOLKS!

Time to put Sell Limit in place.

Sell Limit @ 1.26320
SL @ 1.26520

GBP/USD Daily Chart
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  • #770,460
  • Aug 25, 2023 6:27am Aug 25, 2023 6:27am
Quoting TheWraith
ALRIGHT FOLKS! Time to put Sell Limit in place. Sell Limit @ 1.26320 SL @ 1.26520 GBP/USD Daily Chart {image}
i think you posted long with 1.33 tp.. am i wrong?
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