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Cable Update (GBPUSD)

  • #774,481
  • Sep 14, 2023 12:57am Sep 14, 2023 12:57am
Quoting ArnoldPike
{quote} sorry tried to keep words low. sorry did answer your question. i did my own research and found out for myself. that is how i know its true or real or factual. choose a word. didnt trust other people. used my time well to backcheck what i could. its there in black and white. sorry if you dont believe me or are too lazy to check yourself. where youre going wrong? thats your job to find out correct. i know how this place works. the individual needs to do own research. crowd has no interest in learning. gave heaps of examples. please go look...
interesting..., so did you do your research on the internet or the real world...
  • #774,482
  • Sep 14, 2023 12:58am Sep 14, 2023 12:58am
Quoting KareemAliFx
Hidden
Lol
Air force
  • #774,483
  • Sep 14, 2023 1:04am Sep 14, 2023 1:04am
Quoting biodunola07
{quote} It looks like dxy is descending towards the floor of the range mentioned before and that puts GU very close to 1.25xx level , dxy reaction at the floor of the range would determine mine line of action as GU closes convincingly above 1.25xx, Patience is much required .
Hourly char closed below 1.25xx, and dxy looks very bullish. I placed a sell order on GU @ 1.2980 stop loss @ 1.2520.
With patience and discipline,you move beyond the sky
  • #774,484
  • Sep 14, 2023 1:10am Sep 14, 2023 1:10am
Quoting biodunola07
{quote} Hourly char closed below 1.25xx, and dxy looks very bullish. I placed a sell order on GU @ 1.2980 stop loss @ 1.2520.
Now that's a fella speaking my language! However, I've been on the SHORTS for 16hrs now and still clinging on to the belief that just above 2500 is a normally sound resistance blockade, which should at the very least offer us a 40-50 pips retrace.
  • #774,485
  • Sep 14, 2023 1:14am Sep 14, 2023 1:14am
Quoting biodunola07
{quote} Hourly char closed below 1.25xx, and dxy looks very bullish. I placed a sell order on GU @ 1.2980 stop loss @ 1.2520.
Is there a type in your sell order above?
  • #774,486
  • Sep 14, 2023 1:16am Sep 14, 2023 1:16am
GJ: Based on my subjective opinion, I shorted GJ, which had almost the same movement, instead of GU, and made a small profit. GU moves well in London, so I will short it if I have a chance.
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  • #774,487
  • Sep 14, 2023 1:22am Sep 14, 2023 1:22am
Quoting ArnoldPike
{quote} new edit: sorry this is so looong. not intended. just kept on typing. learned so much had to share it. i'm arnold. i think like arnold. not pc. i'm not concerned about philosopical truth. i do my trading for real results and money so this is my motivation. when i stood back and put my personal feelings out of it i looked at it to see reality not opinion. i spent time searching to draw up a kinda map exctly as peter described to be factual about it. no opinions. no beliefs. no accepted anything interfering at first. i looked at this site....
Hi Arnold,

Thank you for telling us all this. I also have thought about some of what you mention, wondering what the actual operation of the forex network.
I had studied some basic detail on the internet. It helps for my trading. There're many makeup and disguise in the chart play.
You do translate Peter's posts very well, make more sense to me.
  • #774,488
  • Sep 14, 2023 1:25am Sep 14, 2023 1:25am
Quoting Fardeen1209
{quote} Or the problem comes with how Newbie read their chart. Here, one of the infinite example behind the psychological of newbie trader in their decision process using Lowest timeframe possible, Lagged indicator. AU chart {image} I once continuously being caught on the wrong side because of certain price action pattern and lagged indicators. For instance, when the Engulfing pattern is formed with confirmation and/or the EMA scissoring on the chart confirms the signal, that shit is history. Well positioned big traders start taking profit(meaning...
You're showing the AUD/USD chart as if rookie bears would be making a mistake there by going short. But in fact, it's a good place to short because the main sentiment is bullish, hence that spike up was actually a liquidity grab, to fund the dump during USD news later today.
You cannot fail if you never give up.
  • #774,489
  • Sep 14, 2023 1:27am Sep 14, 2023 1:27am
GM Cable viewers! Do you feel Bloomberg need to drop Mark Cudmore from the Markets Today show? Pls write to [email protected] if so, to express your concern.

Much like Jim Cramer, Mark's analysis is only good if inversed, makes the show unwatchable at times... as Mark gargles with spoilt milk and try's to tell you: "its delicious!!"
Break the cake
  • #774,491
  • Sep 14, 2023 1:56am Sep 14, 2023 1:56am
Quoting KareemAliFx
Hidden
Wow how did you manage to make that up at the same time as figuring out GU?
  • #774,492
  • Sep 14, 2023 1:56am Sep 14, 2023 1:56am
M or H&S patterns developing in various shorter time frames, interesting to see if they play out.
  • #774,493
  • Sep 14, 2023 1:57am Sep 14, 2023 1:57am
Quoting KareemAliFx
Hidden
cut your nonsense, you have a lot of hate in your heart
  • #774,494
  • Sep 14, 2023 1:57am Sep 14, 2023 1:57am
Range 1.24600 - 1.25500

breakout is possible.
Everything, what's meant to be will find its way
  • #774,495
  • Sep 14, 2023 1:58am Sep 14, 2023 1:58am
curiously, pound this morning seems to have more strenght against swiss franc respect dollar and euro, in my analisys i always check the behaviuor between these major currency to have a clue.
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chaos is just unknown order
  • #774,496
  • Sep 14, 2023 2:05am Sep 14, 2023 2:05am
Quoting JereMi256
{quote} Added @1.2487 SL & TP pending...
All positions closed manually at BE.

Costs nothing to wait for a clear signal.
+256.
Face 'ur fears & tame 'ur greed
  • #774,497
  • Sep 14, 2023 2:06am Sep 14, 2023 2:06am
Quoting gespiri
{quote} My strategy: 1) Hold buys until +90-+130 from lows, 2) wait for retest of lows which I expect it will hold, 3) short around 1.27 until 1.23 for the rest of the month. We'll keep watching. {image}
Update:
We are in the middle of tranny land right now.
Prices hit 1.2445 then proceeded to hit 1.2547 on Monday. It failed a retest of last week's low at 1.2445 yesterday so I see the daily lower BB at 1.2412 and/or the weekly S1 at 1.2397 as a possible reversal point.
Watch the daily and weekly CS. I don't think this will close the week with a white candle. As always, we'll wait and see.
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Lost....
  • #774,498
  • Sep 14, 2023 2:13am Sep 14, 2023 2:13am
Playing with fire gold long scalps targeting 1909
Extreme gut feeling trader
  • #774,499
  • Sep 14, 2023 2:13am Sep 14, 2023 2:13am
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yes yes yes
  • #774,500
  • Sep 14, 2023 2:14am Sep 14, 2023 2:14am
Quoting KareemAliFx
Hidden
yes that is news, thank you...what is "REKT"?
trading is like dancing, don't think and just listen to the music!
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