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Cable Update (GBPUSD)

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  • Post #775,961
  • Quote
  • Sep 18, 2023 4:51pm Sep 18, 2023 4:51pm
  •  JoshLauder98
  • | Joined May 2023 | Status: Member | 43 Posts
Quoting Jolita
Disliked
{quote} Seems UK is worried of the reaction might cause. Also inflation is high, might be wrong decision-making. We should see how markets will react.
Ignored
How do you see GU price moving?
 
 
  • Post #775,962
  • Quote
  • Sep 18, 2023 5:23pm Sep 18, 2023 5:23pm
  •  T721
  • Joined Oct 2020 | Status: Member | 2,668 Posts
Quoting Jolita
Disliked
{quote} Seems UK is worried of the reaction might cause. Also inflation is high, might be wrong decision-making. We should see how markets will react.
Ignored
for now i am leaning on the bullish side.. would like a drop before the news for longs ---- but i could very well be wrong and get my ass handed to me again so dont follow me unless its small risk
 
 
  • Post #775,963
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  • Sep 18, 2023 5:36pm Sep 18, 2023 5:36pm
  •  dantpm
  • Joined Aug 2022 | Status: Member | 3,506 Posts
Quoting T721
Disliked
{quote} for now i am leaning on the bullish side.. would like a drop before the news for longs ---- but i could very well be wrong and get my ass handed to me again so dont follow me unless its small risk
Ignored
The US is proof that you can even issue more debt to pay your interest on the debt as long as markets keep buying the debt, you can pretend that your GDP is able to cover the interest payments on the debt and inflation can be controlled in the country.
 
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  • Post #775,964
  • Quote
  • Edited 6:04pm Sep 18, 2023 5:37pm | Edited 6:04pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,821 Posts
Quoting JoshLauder98
Disliked
{quote} How do you see GU price moving?
Ignored
If I am not wrong -
Gilt up = futures or stock bearish, which was the case last year as gilts were bought.

Gilts sold/bearish chart = futures/stock/GBP bullish/long -this is more likely to expect.

All depends of interception of business investors, just follow the market news, we will know.
 
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  • Post #775,965
  • Quote
  • Sep 18, 2023 5:41pm Sep 18, 2023 5:41pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,821 Posts
Quoting T721
Disliked
{quote} for now i am leaning on the bullish side.. would like a drop before the news for longs ---- but i could very well be wrong and get my ass handed to me again so dont follow me unless its small risk
Ignored
Same, weekly is clear bear, but why is holding?

I am still in bearish mood and can be wrong, so best to stay neutral and open minded.
 
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  • Post #775,966
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  • Sep 18, 2023 5:42pm Sep 18, 2023 5:42pm
  •  T721
  • Joined Oct 2020 | Status: Member | 2,668 Posts
Quoting dantpm
Disliked
{quote} The US is proof that you can even issue more debt to pay your interest on the debt as long as markets keep buying the debt, you can pretend that your GDP is able to cover the interest payments on the debt and inflation can be controlled in the country.
Ignored
Short or long for me will depend on market before news, still biased up for now but if cable keeps climbing before news i will probably short. i need to see the price action first and then decide
 
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  • Post #775,967
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  • Sep 18, 2023 6:34pm Sep 18, 2023 6:34pm
  •  T721
  • Joined Oct 2020 | Status: Member | 2,668 Posts
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  • Post #775,968
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  • Sep 18, 2023 6:44pm Sep 18, 2023 6:44pm
  •  MrBullBear
  • Joined Aug 2018 | Status: Member | 2,548 Posts
Quoting Nordling
Disliked
{quote} You are useless, mods will see it sooner or later. {image}
Ignored
haha.. that tissue should be retire. No one shpuld be allowed of using it. In respect to a legendary hot tempered but good fella... Techanalyst.
You will be what you will to be
 
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  • Post #775,969
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  • Sep 18, 2023 7:06pm Sep 18, 2023 7:06pm
  •  thevisitor
  • Joined Sep 2019 | Status: Member | 1,671 Posts
What a shit thread....
 
 
  • Post #775,970
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  • Sep 18, 2023 7:16pm Sep 18, 2023 7:16pm
  •  navk
  • Joined Oct 2010 | Status: Trader | 17,281 Posts | Online Now
Quoting Jolita
Disliked
{quote} Same, weekly is clear bear, but why is holding? I am still in bearish mood and can be wrong, so best to stay neutral and open minded.
Ignored
Expect 2450 today above Monday low.

To start with.

Low risk long trade today.

I am long with stop 2365
Intraday only.
 
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  • Post #775,971
  • Quote
  • Sep 18, 2023 7:20pm Sep 18, 2023 7:20pm
  •  Nordling
  • Joined Apr 2021 | Status: KA-CHOW! | 3,516 Posts
Quoting MrBullBear
Disliked
{quote} haha.. that tissue should be retire. No one shpuld be allowed of using it. In respect to a legendary hot tempered but good fella... Techanalyst.
Ignored
You are back! Glad to see you again man! How you doing?

Haha yes, he and this tissue will always have a different place in FF Damn i really miss those days a lot
I make my own luck.
 
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  • Post #775,972
  • Quote
  • Edited 7:36pm Sep 18, 2023 7:24pm | Edited 7:36pm
  •  Zebi
  • Joined May 2022 | Status: Member | 2,298 Posts | Online Now
Quoting dempire1
Disliked
{quote} This one is Twee? Don’t think Twee can just look at your PMs. There are certain limitations to user confidentiality. He can pursue if there are claims about a member. I don’t know how the claims department works or how many claims a user has to have etc etc. {image}
Ignored

all this talk about twee and having spoken to him or knowing what he looks like got me thinking LOL...I knew about him but since im just a little pissant retail trader I dont know any big time FF admins or moderators like the big shot traders on here so i wanted to find out more about this legend .....


so i searched for his profile ..he was busy in the early FF days..even gave long and detailed explanations by starting threads why some senior members got banned than somewhere along the line he stopped that and just posted in the offenders thread...and than that changed and theres no comment anymore when a "senior" member gets revoked lol

so now when im bored of the crybabies in here throwing their poo at each other like chimps do to zoo visitors ill search these guys twee had a personal hand in revoking to see what kind of entertainment i can get reading them ...im sure its leagues above and beyond the crap in this room
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  • Post #775,973
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  • Sep 18, 2023 7:31pm Sep 18, 2023 7:31pm
  •  KareemAliFx
  • Joined Oct 2019 | Status: Member | 1,412 Posts | Online Now
I have buys for eurusd. Markets are betting a pause this week and a signal for a peak and looks like it may very will be the case . Stop loss at 1.06530 area
Master your mind. Master Trading.
 
 
  • Post #775,974
  • Quote
  • Edited 7:44pm Sep 18, 2023 7:32pm | Edited 7:44pm
  •  Zebi
  • Joined May 2022 | Status: Member | 2,298 Posts | Online Now
im gona start with jacko cause i vaguly remember that name from way back then even if i dont know what mine was LOL

and then moe cause i have to know why someone would fake an illness for complete strangers on a financial chat LOL
 
 
  • Post #775,975
  • Quote
  • Sep 18, 2023 7:37pm Sep 18, 2023 7:37pm
  •  MrBullBear
  • Joined Aug 2018 | Status: Member | 2,548 Posts
Quoting Nordling
Disliked
{quote} You are back! Glad to see you again man! How you doing? Haha yes, he and this tissue will always have a different place in FF Damn i really miss those days a lot
Ignored
i am not back. 'Coz i never left. Though not that active as before, but still lurking from time to time. I see some of your post and what you are doing... keep it up! You are one of the very few real traders here. 'coz majority are pretenders. Very very few are traders. And amongst the few traders, very few "knows" how. But a lot of noobs are lurking here hoping to learn. That is why this site is infested by pretenders hoping to trade noobs account, sell magic indicators or charge them fees for signal. Sad.
You will be what you will to be
 
4
  • Post #775,976
  • Quote
  • Sep 18, 2023 7:39pm Sep 18, 2023 7:39pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,969 Posts | Online Now
Good week for trading like every other week:

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GBPUSD

Weekly Top Down Analysis WTDA

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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  • Post #775,977
  • Quote
  • Sep 18, 2023 7:57pm Sep 18, 2023 7:57pm
  •  TheWraith
  • Joined Jun 2023 | Status: Net Free | 1,970 Posts
Quoting SxiBeats
Disliked
Trade what you see, not what you think.
Ignored
So simple, yet soooo far from being simple.
Especially if you don't know what you need to be looking at!

This sentence although sounding simple and clear, it's hardly that.

You see... when you look at the charts, you already have some bias. You either focus on R and S, or whatever it is. So, actually, when one is "trading what you see" one is actually "trading what one thinks one sees". We cannot enter the trade without one good reason behind it.

That's why I like to ask the "simple" question to people who say trade what you see not what you think: what do you see?

You see, claim that one should trade what one sees is naive in itself. 10 people will see 7 or 8 different things, maybe few will agree on what they see. So, how useful is advice to trade what you see actually? Again, it's not as useful if you don't know what you should be looking at. I personally don't know where I would start if I would be trading by what I'm seeing.

I am talking about blank charts in this case, not the charts with indicators that tell you exactly what you should do and when you should do it. That's why having a good system (a good indicator) is Godsent.

What do you see man, I'm curious?

I admit, while I can draw some lines here and there and maybe identify potential price of interest, I hardly feel confident in any of these things and that what I'm doing makes any sense at all what so ever.

Today, I had a profitable trade. I knew price is not gonna be volatile in this period before the Fed, so I expected a Range to form and I set a plan to Sell at Resistance or Buy at Support. We were at Resistance first, so I Sold. I was right.

Now... was this trade just a coincidence that I won it? I could have lost the trade also and I'm sure I'd find some reason why trade wasn't successful. So, one should be vary of his beliefs, because beliefs when reinforced with a successful trade, could prove disastrous in the future.

But you see, the main point I'm trying to deliever here is: everything begins with a thought, even trading!
 
4
  • Post #775,978
  • Quote
  • Sep 18, 2023 8:10pm Sep 18, 2023 8:10pm
  •  T721
  • Joined Oct 2020 | Status: Member | 2,668 Posts
Quoting TheWraith
Disliked
{quote} So simple, yet soooo far from being simple. Especially if you don't know what you need to be looking at! This sentence although sounding simple and clear, it's hardly that. You see... when you look at the charts, you already have some bias. You either focus on R and S, or whatever it is. So, actually, when one is "trading what you see" one is actually "trading what one thinks one sees". We cannot enter the trade without one good reason behind it. That's why I like to ask the "simple" question to people who say trade what you see not what...
Ignored

Trade what you see, not what you think.

I hate this saying its easy to see after the fact what you shoulda, woulda, coulda done.. Any guru will charge you thousands to show you what you shoulda done yesterday, last week, last month last year but we as retail have to make a decision based on 1 or 2 candles when the market is running and it takes years of experience to be able to do that ---- just my 3cents
 
1
  • Post #775,979
  • Quote
  • Sep 18, 2023 8:10pm Sep 18, 2023 8:10pm
  •  Zebi
  • Joined May 2022 | Status: Member | 2,298 Posts | Online Now
Quoting TheWraith
Disliked
{quote} So simple, yet soooo far from being simple. Especially if you don't know what you need to be looking at! This sentence although sounding simple and clear, it's hardly that. You see... when you look at the charts, you already have some bias. You either focus on R and S, or whatever it is. So, actually, when one is "trading what you see" one is actually "trading what one thinks one sees". We cannot enter the trade without one good reason behind it. That's why I like to ask the "simple" question to people who say trade what you see not what...
Ignored
Inserted Video
 
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  • Post #775,980
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  • Sep 18, 2023 8:12pm Sep 18, 2023 8:12pm
  •  mallee
  • Joined Jun 2013 | Status: Member | 885 Posts
Quoting kuroro001
Disliked
Guys, make a thread about your rants Its so freaking annoying right, pages and pages about it I want to do a north korea ban style to all of you!
Ignored
Please K, take out the trash.
 
 
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