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Cable Update (GBPUSD)

  • #772,681
  • Sep 5, 2023 5:27am Sep 5, 2023 5:27am
Quoting Ferna
64% of rental traders still long? Representimg all the gangsters across the world. Seems some of them might be underwater for about 200 pips. https://www.youtube.com/watch?v=DT8FE9_u9MU
fukin nice music
The market hides a perfect geometry.
  • #772,682
  • Sep 5, 2023 5:35am Sep 5, 2023 5:35am
Quoting Robinhood1
{quote} You could be right. Turned into a swing reversal.
Yeah... this fall isn't gonna come that fast. The whole fall of GBP/JPY in the morning is already retraced. They probably triggered Sell Stop orders down there which are now out...
  • #772,683
  • Sep 5, 2023 5:37am Sep 5, 2023 5:37am
Quoting Zebi
{quote} im surprised so many people got surprised today LOL...dont trust your shitbag brokers charts gentlemen ...i called it 23 hours ago LOL.. ..after price does the obligatory touch of that low from underneath it will keep falling i got ebven more bad news for the bools...weekly price is gona land on those red lines...may take months but will happen as certain as the boogers growing inside your noses and you heard it from zebi first {image} {image}

i said august 24th GU is goin down to those lines on the weekly chart in my quote

people can try to pick those boogers to stem the drop but it will be fruitless cause theyll grow back LOL
short trump and go long the deepstate
  • #772,684
  • Sep 5, 2023 5:41am Sep 5, 2023 5:41am
Quoting Zebi
i was reading an article about liz trusses stupid ass so wanted to see what effect she had on GU https://www.theguardian.com/politics...ss-premiership lo and behold she made the pound hit a 37 year low with tax cut for rich so guess what?...thats where its going ...i gave the brexit nuts the benefit and posted a blue line but it will probably diddle the lows and then may make a bottom this how i like reading the chart LOL...helps me keep focus where price will end...
plus this bearish chart cause GU got a kick start when truss resigned and since GU went up on that news it will retrace to that news level like price usually does on all news releases



and of course my countries bad ass dollar thats going to 107 like i been sayin for 2 weeks
short trump and go long the deepstate
  • #772,685
  • Sep 5, 2023 5:42am Sep 5, 2023 5:42am
Quoting BrainBucks
{quote} Chatters reaching me is them Bears have their sights set on 1.2500 round number. I wonder what the bulls might have to say about that today
Quoting Coreg2004
{quote} Pat, after xyz corrective pattern we expect a new low. Technically, you are correct, although we can't say wave 2 " for sure" is in place. If you subscribe to the idea that GU on the daily chart makes swing D-E we need to see 5 fractals if correct. {quote} {image} {image}
1.2500 is still in play, more likely it is wave C (choppy) and not wave 3
Attached Image (click to enlarge)
Click to Enlarge Name: GU 09.05 daily.jpg Size: 192 KB
Always trade your own plan...I don't provide trading signals.
  • #772,686
  • Sep 5, 2023 5:42am Sep 5, 2023 5:42am
Cam Levels - https://www.livecharts.co.uk/Members...rex_pivots.php
Y'all made a few $$$ easy short break out @ 1.25955
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2023-09-05 05-42-43-068.png Size: 49 KB

done for today trade well seed u later...
  • #772,687
  • Sep 5, 2023 5:44am Sep 5, 2023 5:44am
Quoting TheWraith
{quote} Yeah... this fall isn't gonna come that fast. The whole fall of GBP/JPY in the morning is already retraced. They probably triggered Sell Stop orders down there which are now out...
Usdjpy
Last week's high was meant to be a bear trap. AI has miscalculated. The reversal was just a few pips from where it shorted. Bad luck
POSTMASTER
  • #772,688
  • Sep 5, 2023 5:45am Sep 5, 2023 5:45am
Quoting Moty
For 27;pips Come on {image}
Yes yes yes
Attached Image (click to enlarge)
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yes yes yes
  • #772,689
  • Sep 5, 2023 5:46am Sep 5, 2023 5:46am
Quoting JereMi256
{quote} Friday low broken, +SL set {image}
Trailing Stop updated!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230905-154454.jpg Size: 248 KB
Face 'ur fears & tame 'ur greed
  • #772,690
  • Sep 5, 2023 5:48am Sep 5, 2023 5:48am
Quoting PeterCaleb
{quote} Generally, once enough people know about something that eg. a broker does, it becomes public knowledge and the broker merely needs to change a few things. Peter
yes, i can't prove it, but common sense tells me that's how it works;-)
trading is like dancing, don't think and just listen to the music!
  • #772,691
  • Sep 5, 2023 5:48am Sep 5, 2023 5:48am
I had to learn the hard way that predicting is impossible and useless at the same time.

Meteorologists can only forecast the weather up to three days with almost 100% certainty. Anything more then three days, the percentage of them being right drops significantly. 10 days in advance it's at 50%, so basically whatever happens happens.

They are also sometimes wrong (not often though) even forecasting these first three days.

Heard this by Peter Schiff when he was talking about forecasting...

I know if I was thinking and forecasting today, I would catch 0 out of 80 pips I eventually did, because I didn't think. I see signal, I react to signal.
Also, since there were no major news today, hardly anyone could have expected this kind of a drop today.

So, if I was thinking my stupid head, instead of doing, I would made nothing today.

Thinking; worrying; speculating; not taking action; missing a trade.

No news = probably no price action.. WELL, THAT WOULD BE A MISTAKE!
  • #772,692
  • Sep 5, 2023 5:49am Sep 5, 2023 5:49am
Watch out scalpers! Fed's Waller with some red news!
  • #772,693
  • Sep 5, 2023 5:51am Sep 5, 2023 5:51am
Quoting Robinhood1
{quote} Usdjpy Last week's high was meant to be a bear trap. AI has miscalculated. The reversal was just a few pips from where it shorted. Bad luck
Wait.. you're saying the Short will come when that few pips get filled or?
  • #772,694
  • Sep 5, 2023 5:54am Sep 5, 2023 5:54am
Quoting Ferna
{quote} where did this guy come from? https://www.youtube.com/watch?v=5qm8PH4xAss
They like to throw in comments from Fed officials when they need a reason to push the price up or down. It's either Fed, or Putin, or what is actual today...China...
  • #772,695
  • Sep 5, 2023 5:54am Sep 5, 2023 5:54am
0.2 point of false break
Mf !!!
Attached Image (click to enlarge)
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yes yes yes
  • #772,696
  • Sep 5, 2023 6:00am Sep 5, 2023 6:00am
Quoting TheWraith
{quote} Wait.. you're saying the Short will come when that few pips get filled or?
I expect the short from
147.49. Lets see
POSTMASTER
  • #772,697
  • Sep 5, 2023 6:02am Sep 5, 2023 6:02am
Quoting JereMi256
{quote} Trailing Stop updated! {image}
Closed shorts manually, +60pips
Face 'ur fears & tame 'ur greed
  • #772,698
  • Sep 5, 2023 6:03am Sep 5, 2023 6:03am
Quoting Georginson
Buy 1 at 1.2542 target 1.3700 Buy 2 limit at 1.2495 target 1.2600... All stop at 1.2440.
1.2700 .. edit needed as per your post
Intraday only.
  • #772,699
  • Sep 5, 2023 6:10am Sep 5, 2023 6:10am
Quoting Ferna
{quote} where did this guy come from? https://www.youtube.com/watch?v=5qm8PH4xAss
Hahahahah look! Even news from Russia as I said! Lol... and Saudi of course. Forgot to mention them!
  • #772,700
  • Sep 5, 2023 6:17am Sep 5, 2023 6:17am
BRENT at 90...
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