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Cable Update (GBPUSD)

  • #783,881
  • Oct 17, 2023 3:06pm Oct 17, 2023 3:06pm
Quoting kenny4real
{quote} You wrote GU inscription on GJ chart
Screw up Bro............

Everyday screw, now I screw myself............
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #783,882
  • Oct 17, 2023 3:12pm Oct 17, 2023 3:12pm
Quoting Pat Chiko
{quote} GU Final assult to W5 at Tokyo ,as we may see end of correction. Price has been heavily manipluated last few day.{image}
Every news has been swallowed up by this tight range, I may be underestimating the drop that may be cooking.

1.2100 is my nearest target, I want to observe the reaction there.
Face 'ur fears & tame 'ur greed
  • #783,883
  • Oct 17, 2023 3:13pm Oct 17, 2023 3:13pm
Gold BUY
Master your mind. Master Trading.
  • #783,884
  • Oct 17, 2023 3:13pm Oct 17, 2023 3:13pm
Quoting Pat Chiko
{quote} {quote} GJ Weekly, Daily, H4 is going up. H1 on corrective Wave 2, Trying to catch Wave 3 on H1 impulse move.{image}
GJ

Except from the spkie up ,this pair has been very good to trade.
Some loss, and some win.

This pair has better yield than GU
Still go some position running around naked to find TP or get hit by SL.
I will let them have some fun on their own.
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Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #783,885
  • Oct 17, 2023 3:17pm Oct 17, 2023 3:17pm
Quoting JereMi256
{quote} Every news has been swallowed up by this tight range, I may be underestimating the drop that may be cooking. 1.2100 is my nearest target, I want to observe the reaction there.
GU

I will short her on Tokyo tomorow.
Liquid is below to be clear at discounted price.

Some may got in their long aerlier, but that's premium price.
I'm trying to get into a cheap discount price.

Coreg's chart may help to understand where most prob price will go tomorrow
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #783,886
  • Oct 17, 2023 3:21pm Oct 17, 2023 3:21pm
Quoting JereMi256
{quote} Every news has been swallowed up by this tight range, I may be underestimating the drop that may be cooking. 1.2100 is my nearest target, I want to observe the reaction there.
I'm in shorts, I expect a foreseeable strengthening of USD tomorrow, so tomorrow is important.
  • #783,887
  • Oct 17, 2023 3:41pm Oct 17, 2023 3:41pm
Quoting tiborf71
{quote} I'm in shorts, I expect a foreseeable strengthening of USD tomorrow, so tomorrow is important.
Me too. Hopefully tomorrow's PA will be clearer.
Face 'ur fears & tame 'ur greed
  • #783,888
  • Oct 17, 2023 4:04pm Oct 17, 2023 4:04pm
Quoting W0lfram
{quote} Yes. That's chiko kebab after going GU long in August
Hey Sauerkraut,

You're referring to these trades ?. Is it

Quoting Pat Chiko
{quote} GU add{image}
Attached Image (click to enlarge)
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Giving hind sight comment on other people trades is easy. Try to give comments after I posted the real time trades.
If you cannot give real time trade call, please dont do hind sight comment.
It is like you delivering yesterday newspaper on my door step.

I dont trade like yo. In every sticky situation a good traders must know how to get out with minimum damaged.
If you want to learn more . ask question, don't assume. I trade professionally.

Here , how I get out from the trades before the holiday.
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Looking forward to more interaction with you and real time comments on my trades.
Your input is important.

Over and Out Fritz
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #783,889
  • Oct 17, 2023 4:16pm Oct 17, 2023 4:16pm
Quoting Pat Chiko
{quote} GU I will short her on Tokyo tomorow. Liquid is below to be clear at discounted price. Some may got in their long aerlier, but that's premium price. I'm trying to get into a cheap discount price. Coreg's chart may help to understand where most prob price will go tomorrow
Hello sir, I noticed that the spread of some major currencies widen much more than others during market rollover.

Could this be a pointer to impending volatility in the coming (new) day?

For instance, a few minutes ago, GBPUSD and USDCAD showed far wider spread than other majors.

Is this in your opinion indicative of anything?

Please I need help on this.

Thanks so much sir.
  • #783,890
  • Oct 17, 2023 4:31pm Oct 17, 2023 4:31pm
Quoting pipcenturion
{quote} Hello sir, I noticed that the spread of some major currencies widen much more than others during market rollover. Could this be a pointer to impending volatility in the coming (new) day? For instance, a few minutes ago, GBPUSD and USDCAD showed far wider spread than other majors. Is this in your opinion indicative of anything? Please I need help on this. Thanks so much sir.

Spreads tend to widen during high market volatility or low liquidity.
In this case, I think trading volume is already much lower a few hours before - you can see that the spread starts to widen earlier albeit less extreme.
There are not as many participants in the trading, and therefore the liquidity is low.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #783,891
  • Oct 17, 2023 4:40pm Oct 17, 2023 4:40pm
Quoting voeltoez
scalp short 2204 tp open trailing 10pips
this trade closed.this is my last post here. not comfortable anymore.
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  • #783,892
  • Oct 17, 2023 4:54pm Oct 17, 2023 4:54pm
Quoting Pat Chiko
{quote} Spreads tend to widen during high market volatility or low liquidity. In this case, I think trading volume is already much lower a few hours before - you can see that the spread starts to widen earlier albeit less extreme. There are not as many participants in the trading, and therefore the liquidity is low.
Okay, clearly understood sir.

Thanks a million!
  • #783,893
  • Oct 17, 2023 5:37pm Oct 17, 2023 5:37pm
Quoting pipcenturion
{quote} Okay, clearly understood sir. Thanks a million!
GU

Tight range in Tokyo toward London.
Breakout trade set up in making.
Getting as many retails trapped from both Long & short position.
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #783,894
  • Oct 17, 2023 6:27pm Oct 17, 2023 6:27pm
Quoting Pat Chiko
{quote} GU Tight range in Tokyo toward London. Breakout trade set up in making. Getting as many retails trapped from both Long & short position.{image}
Although i dont trade chart pattern it looks like a pennant pattern- continuation pattern. LH, HL
More time in the market, does not mean you trade better!
  • #783,895
  • Oct 17, 2023 6:43pm Oct 17, 2023 6:43pm
Morning. Yesterday was messy. Today doesn't look much better Large timeframes still down but with so much short term consolidation it is hard. For me, I will look for break down below current 2180 level and the Thursday low, a pull back to it, then a sell. That's all I got at the moment. Tricky times
Emotional Control. Process, not outcome.
  • #783,896
  • Oct 17, 2023 7:06pm Oct 17, 2023 7:06pm
Tomorrow, early in the morning, we're going to have lots of volatility from the CPI release. I expect it to come in softer than expected, which will weigh down on GBP initially, but I'm bullish on the pair and will use any drop to buy.

I think USD has run its course and is due to weaken into year-end, although it's hard to say where it's headed because of all the geopolitical uncertainty and high yields.

Strong data is failing to lift the dollar, foreign central banks are fighting the strong dollar, and even the FED is starting to push back with dovish comments. While any drop in the dollar is still going to be limited because of the high yields, when more solid signs of an economic slowdown or signs of something breaking in the economy start surfacing, an extended (long-term) dollar decline will follow.

My medium-term target is 1.2500
  • #783,897
  • Oct 17, 2023 7:21pm Oct 17, 2023 7:21pm
Quoting IgorGG
Tomorrow, early in the morning, we're going to have lots of volatility from the CPI release. I expect it to come in softer than expected, which will weigh down on GBP initially, but I'm bullish on the pair and will use any drop to buy. I think USD has run its course and is due to weaken into year-end, although it's hard to say where it's headed because of all the geopolitical uncertainty and high yields. Strong data is failing to lift the dollar, foreign central banks are fighting the strong dollar, and even the FED is starting to push back with...
open the weekly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #783,898
  • Oct 17, 2023 7:41pm Oct 17, 2023 7:41pm
Quoting IgorGG
Tomorrow, early in the morning, we're going to have lots of volatility from the CPI release. I expect it to come in softer than expected, which will weigh down on GBP initially, but I'm bullish on the pair and will use any drop to buy. I think USD has run its course and is due to weaken into year-end, although it's hard to say where it's headed because of all the geopolitical uncertainty and high yields. Strong data is failing to lift the dollar, foreign central banks are fighting the strong dollar, and even the FED is starting to push back with...
u sure? Not reading charts properly
  • #783,899
  • Oct 17, 2023 8:16pm Oct 17, 2023 8:16pm
Quoting shakmoney
{quote} u sure? Not reading charts properly
Hey, it's Forex, anything can happen, but he has a point, the news is coming.

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It takes a lot for me to IGNORE you, but you can try.
  • #783,900
  • Oct 17, 2023 8:26pm Oct 17, 2023 8:26pm
weekly dollar chart is bearish cause of that shooting star candle and the only reason bidens goin to israel is because he wants to get reelected for another term so hes gona threaten,cajole and bribe netayahoo to sit his ass down and be happy bennie killed twice as many palistenians as hamas killed israelis... so there wont be the threat of invasion levitating the dollar like it has this and last week

unless iran joins the fight i dont think any kneejerk news event will derail the dollar from its destiny to hit 104 before going back up to 114
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short trump and go long the deepstate
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