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Cable Update (GBPUSD)

  • #774,181
  • Sep 12, 2023 3:25pm Sep 12, 2023 3:25pm
News out... just like clockwork..

ECB’s New 2024 Inflation Projection to Be Above 3% vs 3% in June, ECB to Cut 2023 and 2024 Economic Growth Projection, source says

This should mean basically, even to not so bright ECB officials, that ECB is done raising rates. There will be no "maybe one more rate hike" in the future.
Even they now know, they fuc'ed up. But we know all that anyway.

Raising rates again, well, they would need to be very stupid to do that, because economy is collapsing... far from being hot la la land.

Now, this is yet another reason why both Euro and Pound have no chance against USD.
  • #774,182
  • Sep 12, 2023 3:36pm Sep 12, 2023 3:36pm
Ecb hinting towards more rate hikes
Master your mind. Master Trading.
  • #774,183
  • Sep 12, 2023 3:42pm Sep 12, 2023 3:42pm
Quoting KareemAliFx
Ecb hinting towards more rate hikes
That would make zero sense since Germany is already in deep shit.
But what do they know, they're fuc'ing idiots...

EUR/JPY gap closed.
  • #774,184
  • Sep 12, 2023 3:48pm Sep 12, 2023 3:48pm
Quoting TheWraith
{quote} Crash is imminent. What will trigger it is unknown to us, as always.
The crash 'occurs' when the government abandons policies. As long as we the masses allow governments to operate and believe in their currency systems, the system will work. In the meantime the systems continues to fail.
  • #774,185
  • Sep 12, 2023 3:52pm Sep 12, 2023 3:52pm
Quoting TheWraith
{quote} That would make zero sense since Germany is already in deep shit. But what do they know, they're fuc'ing idiots... EUR/JPY gap closed.
hey not my words that’s what they said gotta follow them to follow price
Master your mind. Master Trading.
  • #774,186
  • Sep 12, 2023 3:54pm Sep 12, 2023 3:54pm
Instant profit with that buy since announcement
Master your mind. Master Trading.
  • #774,187
  • Sep 12, 2023 3:58pm Sep 12, 2023 3:58pm
Quoting KareemAliFx
{quote} hey not my words that’s what they said gotta follow them to follow price
Hahahah I know!

Hey, I don't mind higher price on EUR/JPY! Even better price to Short from!

Time to put those Sell Stop Orders again...
  • #774,188
  • Sep 12, 2023 4:09pm Sep 12, 2023 4:09pm
eurjpy going lot higher!!!!!!That is all the people have to knoooooooow!!$
  • #774,189
  • Edited 5:25pm Sep 12, 2023 4:49pm | Edited 5:25pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230912-224314~2.png Size: 93 KB

20 th of Sept, pretty strong no change probability, interesting if this will change after tomorrow's data.
  • #774,190
  • Sep 12, 2023 5:33pm Sep 12, 2023 5:33pm
Quoting TheWraith
{quote} That would make zero sense since Germany is already in deep shit. But what do they know, they're fuc'ing idiots... EUR/JPY gap closed.

japans getting it from all sides LOL

i dont think theyll have the world helping them dumping dollars like they did on sept 22 2022.. theyll have to do it alone and all theyll do alone is push out a wet fart and soil their briefs LOL

poor japan i bet they feel like this guy in the movie LOL

Inserted Video
short trump and go long the deepstate
  • #774,191
  • Sep 12, 2023 5:48pm Sep 12, 2023 5:48pm
guess ill have to open up oanda and buy me some EJ
short trump and go long the deepstate
  • #774,192
  • Sep 12, 2023 5:48pm Sep 12, 2023 5:48pm
Quoting Zebi
{quote} japans getting it from all sides LOL i dont think theyll have the world helping them dumping dollars like they did on sept 22 2022.. theyll have to do it alone and all theyll do alone is push out a wet fart and soil their briefs LOL poor japan i bet they feel like this guy in the movie LOL https://youtu.be/PpwJ1n7g1pM
It hit 61.8 on Fibo and reversed (H1). Are we shooting for 100%?
  • #774,193
  • Sep 12, 2023 5:50pm Sep 12, 2023 5:50pm
Quoting OutThere
{quote} It hit 61.8 on Fibo and reversed (H1). Are we shooting for 100%?

im gona buy EJ


thot you said shorting...yes 100% off the 4H chart
short trump and go long the deepstate
  • #774,194
  • Sep 12, 2023 5:51pm Sep 12, 2023 5:51pm
Quoting Zebi
guess ill have to open up oanda and buy me some EJ
Why EJ and not straight out UJ?
  • #774,195
  • Sep 12, 2023 6:02pm Sep 12, 2023 6:02pm
ECB news

im puttin buy limits at 158 on EJ

and 146.90 and 147 on UJ


uj chart...i must have to many crumbs under my keys cause cant snip and save charts except fop this UJ one
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-09-12 175440.png Size: 9 KB
short trump and go long the deepstate
  • #774,196
  • Sep 12, 2023 6:05pm Sep 12, 2023 6:05pm
A different scenario , I am looking at in GU today for CPI.

Below 1.2520... a sell opprtunity.

Let us see how it makes it.
Intraday only.
  • #774,197
  • Sep 12, 2023 6:28pm Sep 12, 2023 6:28pm
placing sell limits on GU at 2520 and 2527
short trump and go long the deepstate
  • #774,198
  • Sep 12, 2023 6:58pm Sep 12, 2023 6:58pm
Quoting TheWraith
{quote} That's true for some. Signal is a signal... with the good system it should always be above 50% if you want to make money and be profitable otherwise system is bad and will fail you. Now, for manual trading it depends really. The only thing we know is where we should put our SL based on the charts. TP we don't know and never will. It could go 20, 50, 100 or even 250 pips before retracement and could continue after retracement. My experience: once you opened the trade and put SL, turn off the computer and go away, don't interfere with what...

that might be true for some in the beginning. my own trading got alot better once i saw that setting a sl should only be for testing or backtesting uses. never for real trading coz market is always moving and fluid. i do real trading with live acct so i cant afford to set and forget. i am doing it for a real result. so there is a natural progression to trading experiences. we all go from strict system over to more manual when we each see that strict system cannot work against something fluid. why. we don't set the parameters of the market. we need to also be fluid to keep up and try to get ahead of it. when i saw that absorption is the key to making it work, i then saw what petercaleb was actually on about among all his rants. you have to do as it, the market does in all ways. only then can real absorption happen. some people did not see that he was not talking about fundamentals to technicals. he was talking about doing more than relying on a chart. once i saw that market do change, maybe not always on the chart but out in the real world circumstances etc, i knew it is inevitable that all systems eventually fail. i knew i had no choice but to learn manual ways. where you are now is good. try to learn from what i said here though.
I believe simple is best
  • #774,199
  • Sep 12, 2023 8:16pm Sep 12, 2023 8:16pm
Eurusd edging higher, tmwr important cpi data tomorrow THE only thing that can ruin my buys
Master your mind. Master Trading.
  • #774,200
  • Sep 12, 2023 8:18pm Sep 12, 2023 8:18pm
Quoting Zebi
ECB news im puttin buy limits at 158 on EJ and 146.90 and 147 on UJ uj chart...i must have to many crumbs under my keys cause cant snip and save charts except fop this UJ one {image}

i cancelled all my orders..since price went up first will probably drop lower than i had em at and ill buy it then
short trump and go long the deepstate
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