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Cable Update (GBPUSD)

  • #782,141
  • Oct 11, 2023 12:56pm Oct 11, 2023 12:56pm
FOMC Meeting Minutes will help gbpusd to go down to break 1.2270 level soon
  • #782,142
  • Oct 11, 2023 12:57pm Oct 11, 2023 12:57pm
Quoting Coreg2004
{quote} Waveski, what's wrong with predictions? The worst thing that can happen, is you will be wrong... {image}
Exactly...
  • #782,143
  • Oct 11, 2023 1:00pm Oct 11, 2023 1:00pm
Quoting shakmoney
{quote} clown are you funded with prop firms? Bet not so keep your mouth shut and keep trading your small lots
Hahaha, you should have seen my crypto wallet probably 100 times your lifetime income. Made it majority from shit coin, while you still lick promp firm trading with money not yours while get only 10% on what you made. Lmao
More time in the market, does not mean you trade better!
  • #782,144
  • Oct 11, 2023 1:00pm Oct 11, 2023 1:00pm
Quoting shakmoney
{quote} ain't worried about anyone on this forum, it is just comedy to me.
Yet you still here!
And will still quote my posts
More time in the market, does not mean you trade better!
  • #782,145
  • Oct 11, 2023 1:02pm Oct 11, 2023 1:02pm
Quoting Fardeen1209
{quote} Hahaha, you should have seen my crypto wallet probably 100 times your lifetime income. Made it majority from shit coin, while you still lick promp firm trading with money not yours while get only 10% on what you made. Lmao

Actually 80% clown, get lost now waste of time
  • #782,146
  • Oct 11, 2023 1:04pm Oct 11, 2023 1:04pm
Quoting shakmoney
{quote} Actually 80% clown, get lost now waste of time
At least i have balls to keep 100% of what i'm making and losing
More time in the market, does not mean you trade better!
  • #782,147
  • Oct 11, 2023 1:05pm Oct 11, 2023 1:05pm
Master your mind. Master Trading.
  • #782,148
  • Oct 11, 2023 1:12pm Oct 11, 2023 1:12pm
...so price broke to the upside (just) of the prev 4hr/dly and dly/wkly sw lo zones that extended to circa 2324 (they were potential sbr,) and into the bottom of of a prev 4hr sw lo zone = prev supp = pot sbr, @ 76.4% of the 2425-2038 move down. There it encountered supply.

A few hours or so to go and despite the < 50% probability we could well see a 6th consecutive bullish-bodied dly candle close today?

4hr below
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Trader with an Edge.
  • #782,149
  • Oct 11, 2023 1:15pm Oct 11, 2023 1:15pm
A sure sign that Price could go either way is when the thread tends to get more irritated lol
in wondering about yourself, you forgot what you came here to be part of
  • #782,150
  • Oct 11, 2023 1:17pm Oct 11, 2023 1:17pm
If M5 closes below 2285 i will short more until 2271
in wondering about yourself, you forgot what you came here to be part of
  • #782,151
  • Oct 11, 2023 1:18pm Oct 11, 2023 1:18pm
...the drop from current dly hi 2337 has found support @ the prev 1hr/4hr sw lo zone (s) that extend down to 2262 - Asian/current dly lo, (Dly Pivot area.) 3rd x 1hr attempt to get south of 2262 has been repelled so far.

1hr below
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Trader with an Edge.
  • #782,152
  • Oct 11, 2023 1:24pm Oct 11, 2023 1:24pm
another fed minutes dud ..diddly squat

they cant agree between themselves so dollar will keep drifting lower below 104 like the weekly shooting star says

i had to redraw the arrows cause i dont save the shit i use for demonstration purposes LOL


can you all see where the average monthly range rests?
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short trump and go long the deepstate
  • #782,153
  • Edited 1:47pm Oct 11, 2023 1:28pm | Edited 1:47pm
Quoting Coreg2004
{quote} gorjejem, very nice TA. I have often said that different technical tools give similar or identical results. If you take under consideration the timing for the end of wave 4 GU has still ground to cover which makes me uncertain when the end of this wave will be reached. Min comes on Oct.31. Is this possible???

Unfortunately, my forays using Fibonacci time zones have not yielded acceptable results so far. Anyway, my estimates put it somewhere between October 26th and November 7th.
It is striking that since it is a corrective wave 4, it is so purely bulish...curious... We will have to keep it under observation...

As always, it can fail...
JEM
  • #782,154
  • Oct 11, 2023 1:31pm Oct 11, 2023 1:31pm
... Interestingly on the dly, could be an expanding triangle setting up, ie a point 4 pullback to a point 5 - which would be a fib retrace or ext of move 3-4. Dly t/f bearish hidden div may be supportive of this @ pt 4. It's a scenario?

dly below
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Trader with an Edge.
  • #782,155
  • Oct 11, 2023 1:38pm Oct 11, 2023 1:38pm
Quoting DrDave
{quote} Sure, no problemo to be on your Ignore list. Has no effect on me whatsoever. Yes, the news does have an impact on quotes--I said it does. But as for any kind of CORRELATION such as "good news" == price move up, "bad news" == price move down, well, as I said, studies have already shown there is no correlation. LOL. If I am guessing, then I must be the greatest guesser ever, based on my record.

thats why i generally dont try to offer advice unless im asked cause one gets heckled for trying to help...like with bonzey in my case

best to just let em stay ignorant
short trump and go long the deepstate
  • #782,156
  • Oct 11, 2023 1:41pm Oct 11, 2023 1:41pm
Well M5 making up moves on my chart again
M15 is the R
in wondering about yourself, you forgot what you came here to be part of
  • #782,157
  • Oct 11, 2023 1:47pm Oct 11, 2023 1:47pm
GU bears will be on tomoros CPI number now like flies on shit and since the weekly dollar chart is bearish till 104 its not gona help them either like todays news didnt
short trump and go long the deepstate
  • #782,158
  • Oct 11, 2023 1:53pm Oct 11, 2023 1:53pm
Quoting gorjejem
{quote} Unfortunately, my forays using Fibonacci time zones have not yielded acceptable results so far. Anyway, my estimates put it somewhere between October 26th and November 7th. As always, it can fail...
gorjejem, we can narrow the zone with ATP (alternative time projection) by comparing the previous swings and multiplying # of days in these swings by 1 to 1.618 to come up with timing for the reversal- zone#1. Oct. 11-Oct.18 is the window. That's the theory...of course, if we don't get the reversal in this zone we just disregard it...
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Always trade your own plan...I don't provide trading signals.
  • #782,159
  • Oct 11, 2023 1:53pm Oct 11, 2023 1:53pm
Quoting Bones
{image} {image}

bonzey...i see youre making another disastrous mistake discounting my shooting star candle.. im gona buy you a book on candlesticks for christmas

you must like eating black crow humble pies LOL
short trump and go long the deepstate
  • #782,160
  • Oct 11, 2023 1:56pm Oct 11, 2023 1:56pm
Quoting Wavegarrick
{quote} Buy trades still on for me for a target of 1.23408. A 4hr close above 1.22000 and specifically a weekly close above 1.2200 helpful. Cheers. {image}
1.23408 still on for me,
Cheers.
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