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Cable Update (GBPUSD)

  • #779,261
  • Oct 1, 2023 4:22am Oct 1, 2023 4:22am
Quoting TheWraith
{quote} Lemme explain it simply (10 hours explanation, watch when you have 10 hours of free time ). https://www.youtube.com/watch?v=jk1eU_zlf3s {image}
The world will go crazy again as this 45 days bill approaching to the end.
More time in the market, does not mean you trade better!
  • #779,262
  • Oct 1, 2023 4:24am Oct 1, 2023 4:24am
Quoting TheWraith
{quote} A wizard is never late, nor is he early. He Shorts precisely when he means to!
At the time you short, you have dont know if sh*t will rise or fall, only some probability that put the odds in your favour
More time in the market, does not mean you trade better!
  • #779,263
  • Oct 1, 2023 4:55am Oct 1, 2023 4:55am
Quoting Waveskierrob
{image}
Success in forex trading hinges on mastering risk management. It's not about avoiding risks, but skillfully navigating them that leads to prosperity.
How to succeed in zero sum game?
  • #779,264
  • Oct 1, 2023 6:41am Oct 1, 2023 6:41am
Gu open interest and volume heat map where positions are concentrated
Below 122 and 121 sell orders
Above 124 buy orders

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  • #779,265
  • Oct 1, 2023 6:43am Oct 1, 2023 6:43am
NFP
168k FF consensus
163k Bloomberg Consensus
165k FJ
Looks like majority favour a < than expected
More time in the market, does not mean you trade better!
  • #779,266
  • Oct 1, 2023 6:47am Oct 1, 2023 6:47am
there not printing, in fact, they are doing the opposite of printing
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #779,267
  • Edited 10:48am Oct 1, 2023 6:49am | Edited 10:48am
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #779,268
  • Edited 11:09am Oct 1, 2023 6:52am | Edited 11:09am
the money is coming from the free market
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #779,269
  • Oct 1, 2023 7:36am Oct 1, 2023 7:36am
EU-
From EU picture, we can have an idea where it might drag GU
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (399).png Size: 51 KB


Let see how it plays
More time in the market, does not mean you trade better!
  • #779,270
  • Oct 1, 2023 10:05am Oct 1, 2023 10:05am
Quoting Fardeen1209
EU- From EU picture, we can have an idea where it might drag GU {image} Let see how it plays
WHY????
  • #779,271
  • Oct 1, 2023 10:35am Oct 1, 2023 10:35am
Quoting dempire1
{quote} Success in forex trading hinges on mastering risk management. It's not about avoiding risks, but skillfully navigating them that leads to prosperity.
Risk may not be a problem for you. Reward is what I would look at if I was you. I mean it sincerely.
Hope this helps.
Cheers.
Trade to trade another day
  • #779,272
  • Oct 1, 2023 10:45am Oct 1, 2023 10:45am
We are going have a gap up..
Where we go from there will be decided by the red news
  • #779,273
  • Oct 1, 2023 10:59am Oct 1, 2023 10:59am
Quoting Ipradzz
We are going have a gap up.. Where we go from there will be decided by the red news
you have a crystal ball
  • #779,274
  • Oct 1, 2023 11:08am Oct 1, 2023 11:08am
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  • #779,275
  • Oct 1, 2023 11:13am Oct 1, 2023 11:13am
There's probably gonna be a reaction to the U.S. Congress deal @ the open, but looking technically as it closed Friday;

Mthly - a big bearish candle close.
Wkly a bearish-bodied hammer-esq candle close that some may see as buillish.
Dly a pinbar close that is in essence bearish.

Friday's hi came in that prev 4hr sw hi zone that extends to 2284, = prev res = pot res / a 3 fib cluster / the steepest descending 4hr t/line.
4hr/dly downtrends (possibly wkly) are still intact. 1hr is rangy-currently bullish more than anything right now.

4hr then 1hr below
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Trader with an Edge.
  • #779,276
  • Edited 11:41am Oct 1, 2023 11:24am | Edited 11:41am
Quoting Zebi
well bonzey... i guess you won your 3 weekly black crows netted you 34 pips price will jump as soon as theres a deal there could be one in 10 minutes if the GOP speaker of the house wasnt afraid of the lunatics on his right he can pass a bipartisan bill in minutes but then he'd lose his job as speaker cause the idiot i posted above would vote with other crazies to have him kicked from that post...dont get me wrong hes no winner..hes just as bad as all the other tards cause he values his speakership more than the people in the country

well it happened with bipartisan help so the trumptards are shitting all over themselves LOL

A move to oust Kevin McCarthy as House speaker could come as early as Monday, the Florida congressman Matt Gaetz said on Sunday, as Republican extremists plotted revenge for McCarthy’s bipartisan deal with Democrats to avoid a government shutdown.

We need to rip off the Bandaid. We need to move on with new leadership that can be trustworthy,” Gaetz said on CNN’s State of the Union, saying he would file a “motion to vacate” sometime this week. The House sits at noon on Monday.
https://www.theguardian.com/us-news/...-shutdown-deal

im glad i was wrong (in this instance) about mccarthy ...he chose the people


the thing about the american trumptard right wing is all they want is to lower tax rates for corporations and the very rich and pay for that by cutting food stamps for the very poor so gaetz wants revenge cause mccarthy didnt cut benefits for anyone in his bill cause even a shutdown would hurt the poor since thered be no money for them to buy food

i think their free days are numbered just like the ex presidents
short trump and go long the deepstate
  • #779,277
  • Oct 1, 2023 11:43am Oct 1, 2023 11:43am
Quoting Bones
the money is coming from the free market {image}
may be approaching to the break point as one day to loss the elasticity with whatever exciting offering to market !
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #779,278
  • Oct 1, 2023 11:45am Oct 1, 2023 11:45am
its football time... sundays are the biggest gambling days up till the superbowl so i just placed my bets and time to watch the stink emit from my chicago bears team

i picked denver
short trump and go long the deepstate
  • #779,279
  • Oct 1, 2023 11:53am Oct 1, 2023 11:53am
Who here thinks gu will hit 1.20 this week or next
  • #779,280
  • Oct 1, 2023 11:59am Oct 1, 2023 11:59am
My trading plan is to wait for eurusd to either touch 1.07000 area or 1.05000 area . Both are liquidity zones . Since the government spending bill was passed , Mr USD May still be the king
Master your mind. Master Trading.
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