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Cable Update (GBPUSD)

  • #779,241
  • Sep 30, 2023 7:58pm Sep 30, 2023 7:58pm
Dollar stronger
  • #779,242
  • Sep 30, 2023 8:19pm Sep 30, 2023 8:19pm
Quoting TheWraith
{quote} Wish I could see the fx rate now... I don't know how some traders can see rates over the weekend... but I can't find anything.
No changes in rate GU weekend rate, UJ +12.
  • #779,243
  • Sep 30, 2023 9:06pm Sep 30, 2023 9:06pm
Quoting Jolita
{quote} No changes in rate GU weekend rate, UJ +12.
Thanks!
  • #779,244
  • Sep 30, 2023 9:09pm Sep 30, 2023 9:09pm
Quoting KareemAliFx
{quote} I knew they would drag it out to the last second lol .
Same thing was with debt ceiling... people like drama!
  • #779,245
  • Edited 11:40pm Sep 30, 2023 10:26pm | Edited 11:40pm
Quoting Zebi
heres my daily badass mf dollar futures chart looks to be signalling a sell on daily it should have started retracing to 104 beginning monday but this shutdown crap started by the imbecile MAGA GOP right wing faction so now when the retrace happens will prolly drop to 103 instead of merrily going back up from 104 for its trip to 114 in bidens second term dems are good for the dollar...we love it this is my original post after biden became president {image} {image}
charts are all knowing you just have to learn how to read em

that dollar pattern gave a sell..hopefully it just drops to 104 and not lower cause of all this bullshit but the chart also says dollar still got hier to go


theres prolly no one else on FF that bothered to look at a longterm dollar chart and mark the presidential elections

its a well known fact that the dollar goes up during dem administrations and my chart shows that the dollar bottoms when a dem wins the presidential election so all the dollar haters on this site should have known it was goin up with biden


i always say read a chart and this is what i mean...look at a longterm monthly chart once in a while LOL.... curiosity is good dont be a loser

so the charts knew friday near the close the deal was gona be struck over the weekend
short trump and go long the deepstate
  • #779,246
  • Sep 30, 2023 11:42pm Sep 30, 2023 11:42pm
Quoting TheWraith
{quote} Same thing was with debt ceiling... people like drama!
Same thing was with debt ceiling Forex Factory... people like drama!
To free Gazans of Hamas, use whatever it takes.
  • #779,247
  • Sep 30, 2023 11:57pm Sep 30, 2023 11:57pm
GBP/JPY Weekly Chart Confirmed Short.

I expect other currencies to go down as well.

USD is a little bit tricky at the moment. Until DXY can push above 107.6 I don't believe USD rally will continue. If it does, Zebi is probably right and we should Short every decent pullback on GBP/USD.

Gold will drop if that's the case also... not something I thought would be possible, but... we'll see.

We have NFP, but CPI is more important. Higher CPI and I'll start to believe in interest rates at 7%.
  • #779,248
  • Oct 1, 2023 12:46am Oct 1, 2023 12:46am
Quoting KareemAliFx
{quote} I knew they would drag it out to the last second lol .
There is no way that they weren't going to resolve this debt crisis. The US is in the Presidential election cycle. They already have huge drama with the Trump court case and the Biden impeachment review ongoing. Potentially both the democrat and republican leading contenders potentially about to get disqualified?
  • #779,249
  • Oct 1, 2023 1:16am Oct 1, 2023 1:16am
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  • #779,250
  • Oct 1, 2023 1:27am Oct 1, 2023 1:27am
Back to trading tomorrow after a great 25 day holiday! Going away is great for clearing your mind of this stressful business. Looking at the month, what a trend! Did anyone ride it down all month? Crazy to see my last "proper" trade I took on Sep 5th would have made me alllll the pips had I let it run, and not my measly 3:1. Alas, my crystal ball was broken at the time So, did anyone catch this whole monthly move down? Or were you all just chewed up thinking "this is the bottom, this is the bottom!"?
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Emotional Control. Process, not outcome.
  • #779,251
  • Oct 1, 2023 1:51am Oct 1, 2023 1:51am
Quoting Konichiwhaat
Back to trading tomorrow after a great 25 day holiday! Going away is great for clearing your mind of this stressful business. Looking at the month, what a trend! Did anyone ride it down all month? Crazy to see my last "proper" trade I took on Sep 5th would have made me alllll the pips had I let it run, and not my measly 3:1. Alas, my crystal ball was broken at the time So, did anyone catch this whole monthly move down? Or were you all just chewed up thinking "this is the bottom, this is the bottom!"? {image}
I Shorted from 1.31 and TP-ed at 1.21100.

Pretty much better than Ninner. Made a ton of money which I'll use to sue Ninner for emotional damage. I'll also sue shakmoney for questioning my opinion! Imagine the arrogance of these guys... they'll learn.. they are still young! They'll learn soon that I'm a Gandalf for FX Trading; wise and calm!

Again... the arrogance of these guys... unbelievable.. to even question my opinion and speak so condescendingly after I provided so much for them with the best analysis of GBP/USD among the forex factory members. None is equal or even close with analysis!

But whatever... truth hurts!
  • #779,252
  • Oct 1, 2023 1:56am Oct 1, 2023 1:56am
Quoting TheWraith
{quote} I Shorted from 1.31 and TP-ed at 1.21100. Pretty much better than Ninner. Made a ton of money which I'll use to sue Ninner for emotional damage. I'll also sue shakmoney for questioning my opinion! Imagine the arrogance of these guys... they'll learn.. they are still young! They'll learn soon that I'm a Gandalf for FX Trading; wise and calm! Again... the arrogance of these guys... unbelievable.. to even question my opinion and speak so condescendingly after I provided so much for them with the best analysis of GBP/USD among the forex factory...
Well done on your trade. But why are you telling me that you traded better than other people? And why are you bad mouthing others? What do you think you will achieve by doing this publicly? Does it really make you feel good to do this? Do you think anyone cares?
Emotional Control. Process, not outcome.
  • #779,253
  • Oct 1, 2023 2:03am Oct 1, 2023 2:03am
Quoting Konichiwhaat
{quote} Well done on your trade. But why are you telling me that you traded better than other people? And why are you bad mouthing others? What do you think you will achieve by doing this publicly? Does it really make you feel good to do this? Do you think anyone cares?
Sent you a message not to discuss this further on this forum.
  • #779,254
  • Oct 1, 2023 3:03am Oct 1, 2023 3:03am
Quoting shakmoney
{quote} sept 2?
“October”
  • #779,255
  • Edited 7:20am Oct 1, 2023 3:40am | Edited 7:20am
checking finally in small tf in preparation next week . watching for 1. 2180 bo with or without any bounce next , target below 2175 just for few pips but if bounce without 2180 breaks then may further down towards 2155 possible or soo.lets see where market open next . one trade still kept open for 2175 target last ! take care

usdx also daily engulfing candle over head , not to ignore so easily , over the tl ok , may breakout a little also ok for bull too but chances much more correction down . so all need careful assessment this week specially ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #779,256
  • Oct 1, 2023 3:48am Oct 1, 2023 3:48am
Quoting TheWraith
{quote} I Shorted from 1.31 and TP-ed at 1.21100. Pretty much better than Ninner. Made a ton of money which I'll use to sue Ninner for emotional damage. I'll also sue shakmoney for questioning my opinion! Imagine the arrogance of these guys... they'll learn.. they are still young! They'll learn soon that I'm a Gandalf for FX Trading; wise and calm! Again... the arrogance of these guys... unbelievable.. to even question my opinion and speak so condescendingly after I provided so much for them with the best analysis of GBP/USD among the forex factory...
What if at the time you shorted from 1.31, price went to 1.4?
Would you still remain the master of FX?
More time in the market, does not mean you trade better!
  • #779,257
  • Oct 1, 2023 3:54am Oct 1, 2023 3:54am
Quoting shakmoney
{quote} what's wrong with prop firms ?
Whats wrong with trading your own money?
The emotional control and risk management you need is another level, because if you are down 20%, you are at risk of losing 20% of your OWN capital, not $200 you paid for an prop firm account.

I am young, and personally stay away from prop firm traders.

My 2 cents.
More time in the market, does not mean you trade better!
  • #779,258
  • Oct 1, 2023 4:02am Oct 1, 2023 4:02am
Quoting TheWraith
IT'S OVER! For now... U.S. Senate approves government funding for 45 days, averting shutdown
what will happen to usd bro. More printing.?
  • #779,259
  • Oct 1, 2023 4:12am Oct 1, 2023 4:12am
Quoting Rossidi
{quote} what will happen to usd bro. More printing.?
Lemme explain it simply (10 hours explanation, watch when you have 10 hours of free time ).

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  • #779,260
  • Oct 1, 2023 4:19am Oct 1, 2023 4:19am
Quoting Fardeen1209
{quote} What if at the time you shorted from 1.31, price went to 1.4? Would you still remain the master of FX?
A wizard is never late, nor is he early. He Shorts precisely when he means to!
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