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Cable Update (GBPUSD)

  • #782,221
  • Oct 12, 2023 2:00am Oct 12, 2023 2:00am
Quoting dantpm
Off topic: US Powerball lottery for $1.76 billion was won by 1 ticket in California. Talk about life changing consequences.
yup even after the taxes they’d pay it’s enough for a few generations!
Insane in the Brain..
  • #782,222
  • Oct 12, 2023 2:01am Oct 12, 2023 2:01am
Just waiting for gold to print 15 min doji GU was fail here 2332 or up 20 pips 2350 would be next just waiting for the bomb to go off
  • #782,223
  • Oct 12, 2023 2:05am Oct 12, 2023 2:05am
First stop loss got hit
Another oeder immediately replaced it
You shell go up mf
The bulls shows their power
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yes yes yes
  • #782,224
  • Oct 12, 2023 2:08am Oct 12, 2023 2:08am
Price will bounce from 1.23000-1.23100 daily pivot and round number
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yes yes yes
  • #782,225
  • Oct 12, 2023 2:10am Oct 12, 2023 2:10am
Quoting ScalaFX
short Gold first position 1882
What is your TP. I am looking for 1875. Do u think it will now go down to fill the gap?
  • #782,226
  • Oct 12, 2023 2:10am Oct 12, 2023 2:10am
Quoting ScalaFX
short Gold first position 1882
Also opened a small short. Targeting 1876.
  • #782,227
  • Oct 12, 2023 2:11am Oct 12, 2023 2:11am
Quoting Moty
First stop loss got hit Another oeder immediately replaced it You shell go up mf The bulls shows their power {image} {image}
woow, moty you're in berserk mode.. incredible !.. your blance now changed to more than a thousand dollar..congrats..
  • #782,228
  • Oct 12, 2023 2:14am Oct 12, 2023 2:14am
In long -1.2316
Tp-1.2347
  • #782,229
  • Oct 12, 2023 2:17am Oct 12, 2023 2:17am
Quoting Pranjal
{quote} What is your TP. I am looking for 1875. Do u think it will now go down to fill the gap?
we must be ready for manipulation, Izrael, Ukraine, so many to manipulate the price, I will be opening net of positions till 1900 if go there to gap close target, trade safe
People don't plan to lose. They lose because they don't plan.
  • #782,230
  • Oct 12, 2023 2:19am Oct 12, 2023 2:19am
Quoting cablekingdom
In long -1.2316 Tp-1.2347
It kissed daily pivot at 1.2308, I don't see it going below that
  • #782,231
  • Oct 12, 2023 2:19am Oct 12, 2023 2:19am
checking usdx situation , good tanking probably still to do yet as just started !
https://www.forexfactory.com/thread/...4#post14613944
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #782,232
  • Oct 12, 2023 2:34am Oct 12, 2023 2:34am
From here we will rise and concord
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yes yes yes
  • #782,233
  • Oct 12, 2023 2:34am Oct 12, 2023 2:34am
Quoting dantpm
Off topic: US Powerball lottery for $1.76 billion was won by 1 ticket in California. Talk about life changing consequences.
Wow
  • #782,234
  • Oct 12, 2023 2:36am Oct 12, 2023 2:36am
Quoting BeeTogether
{quote} yup even after the taxes they’d pay it’s enough for a few generations!
There are two issues. One is taxes which depends on which state you live in and the other is payout.
You get the full amount if you take the 30 year payout option:
Powerball winner: Annuity or cash option
How it works: Powerball jackpot winners can choose an "annuity option" or a lump sum cash payout.

  1. The annuity option is an annual payout over 30 years, with the sum paid out rising by 5% each year.
  2. The jackpot size is not the amount in the prize pool but rather the size of all those 30 payments added together.

According to Powerball, $756 million for a cash payout and after tax in California you are looking at $437 million. If you move to another state with the annuity options the taxes change.
Still somewhat significant but one hell of a haircut from 1.76 billionj!

  • #782,235
  • Oct 12, 2023 2:48am Oct 12, 2023 2:48am
Quoting BeeTogether
{quote} yup even after the taxes they’d pay it’s enough for a few generations!
Depending on the life style they tried to live. If you know where to shop, dine and partied, i'm afraid to say, $400m is only 1 generation life spending. The next generation back to broke as majority of jackpot winners dont even last 20years with their easy money
More time in the market, does not mean you trade better!
  • #782,236
  • Oct 12, 2023 2:49am Oct 12, 2023 2:49am
Quoting dantpm
{quote} There are two issues. One is taxes which depends on which state you live in and the other is payout. You get the full amount if you take the 30 year payout option: Powerball winner: Annuity or cash option How it works: Powerball jackpot winners can choose an "annuity option" or a lump sum cash payout. The annuity option is an annual payout over 30 years, with the sum paid out rising by 5% each year. The jackpot size is not the amount in the prize...
wow that’s a lot of tax! I’d go with the 30 year option as all that money in one hit and I’d go loopy!
Insane in the Brain..
  • #782,237
  • Oct 12, 2023 2:53am Oct 12, 2023 2:53am
Quoting BeeTogether
{quote} wow that’s a lot of tax! I’d go with the 30 year option as all that money in one hit and I’d go loopy!
Depends on how old you are. You are looking at about $50 million per year 'income' before tax. As a UK resident you would want to look at the tax treaties between the UK and US very carefully! You might qualify to get a refund on some or all of the taxes.
  • #782,238
  • Oct 12, 2023 2:54am Oct 12, 2023 2:54am
The journey to 1.18 is about to start in the near future
  • #782,239
  • Oct 12, 2023 2:56am Oct 12, 2023 2:56am
mf 105.317 is supporting dx
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yes yes yes
  • #782,240
  • Oct 12, 2023 2:56am Oct 12, 2023 2:56am
Quoting dantpm
{quote} Depends on how old you are. You are looking at about $50 million per year 'income' before tax. As a UK resident you would want to look at the tax treaties between the UK and US very carefully! You might qualify to get a refund on some or all of the taxes.
Or simply setup a trust where all funds goes in. You dont taxed as an individual. Dont know if it is possible for jackpot earnings.
More time in the market, does not mean you trade better!
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