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Cable Update (GBPUSD)

  • #789,101
  • Nov 9, 2023 9:43am Nov 9, 2023 9:43am
Quoting Pat Chiko
Even the swing trader are clueless now with GU manipulation................{image}
it was not only GU its baseod on USD

a comment of Fed Bostic ..... one twitter FED'S BOSTIC: POLICY IS LIKELY SUFFICIENTLY RESTRICTIVE.
  • #789,102
  • Nov 9, 2023 9:47am Nov 9, 2023 9:47am
Quoting Zebi
{quote} i guess i wasnt clear in my post ...i averaged down to 2284 so im in the money right now {quote} {quote} the thing about the black line its a weekly candle low so tuesday is a bit early...we'll see thursday if its resistence

been sitting in a range since tuesday....sometimes swing trading is aggravating LOL

with my daily dollar sell signal yesterday ill still hold my longs and will add on a daily GU signal if today closes above 2308 which is that may weekly low that has been rejecting gu all this week
short trump and go long the deepstate
  • #789,103
  • Nov 9, 2023 9:47am Nov 9, 2023 9:47am
Quoting 7154Superman
{quote} The market makers always try to fool people who go by what the charts and technical analysis show. Today's theme is to first pump EUR/USD to trick bulls to enter the market, only to pull the rug out from under them. Hint: Powell's speech at 2 p.m. EST. today. I wasn't expecting price to go above 1.0715 today, but am prepared for a possible liquidity hunt to 1.076 - 1.08 region today before dumping. They are known to pump higher and faster than thought possible. Once price officially dumps below 1.068 after this, it's game over for bulls....
Mate, even the market makers don't have as much power on the weekly chart and many times the daily. When some things are confirmed on the weekly, they zap down to the daily and 4hr chart to stretch it. The people getting deceived here are sellers. There is a double bottom kind of support we have on EU and GU. I don't see lower this year sir.

Kindly take a look at November and December for the past few years and see if it was a time of going down to break new lows. History, they say, repeats itself. Powell made it abundantly clear in his FOMC press conference. Election years is close and the USD won't strengthen too much. Trump did it to Powell. Biden will do it. Heaven will not fall.
  • #789,104
  • Nov 9, 2023 9:48am Nov 9, 2023 9:48am
Quoting Whale
Gu long 1.227 dxy wanna down
ugly.
im taking the 15 pips and waiting for 15m decider
  • #789,105
  • Nov 9, 2023 9:49am Nov 9, 2023 9:49am
Quoting eyefeelsix
{quote} I no longer have bullets to take short position, my max risk cannot exceed 3% per round lol {image}
I'm on a short term short trade now and want just 2222. Give me that and trigger my long and Ill be happy. I love your charts, as usual.
  • #789,106
  • Nov 9, 2023 9:54am Nov 9, 2023 9:54am
Quoting Mitiblotch
{quote} I'm on a short term short trade now and want just 2222. Give me that and trigger my long and Ill be happy. I love your charts, as usual.
Thanks miti, goodluck for you!

btw, GU's behavior these past 2days has caused me stuck to unable trade on other pairs
https://breakpullback.com
  • #789,107
  • Nov 9, 2023 9:59am Nov 9, 2023 9:59am
Quoting Zebi
please excuse my late posting today but ive been nursing a hangover from last nights elections....liberal democrats won almost everything so i think democracy will be safe from the fascists come the next presidential election https://tenor.com/view/america-speed...g-gif-11771143 ill have to cut down on the dancing i think thats what gave me the hangoverr just want to say my system gave a sell signal on the daily dollar chart.. i dusted off my original futures dollar chart cause my index one full of lines and text...
im putting my faith in my countries badass mf'er currency to keep falling to 104

heres an update so far since yesterday
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short trump and go long the deepstate
  • #789,108
  • Nov 9, 2023 10:04am Nov 9, 2023 10:04am
Back in business
I was allready in 170 $ floating loss
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yes yes yes
  • #789,109
  • Nov 9, 2023 10:10am Nov 9, 2023 10:10am
reasonable break is needed above 2300 for bullish structure to continue.

It is unlikely to happen today.
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Intraday only.
  • #789,110
  • Nov 9, 2023 10:12am Nov 9, 2023 10:12am
6hrs done for the day
zero open trade today
manage yesterday short gu to 1.2255
gold pull back all gains and closed at BE



i am always here but don’t always get a setup
I just want to trade the A++ of my plan
MY OPINION NOT FINANCIAL ADVISE
  • #789,111
  • Nov 9, 2023 10:20am Nov 9, 2023 10:20am
Quoting 7154Superman
{quote} The market makers always try to fool people who go by what the charts and technical analysis show. Today's theme is to first pump EUR/USD to trick bulls to enter the market, only to pull the rug out from under them. Hint: Powell's speech at 2 p.m. EST. today. I wasn't expecting price to go above 1.0715 today, but am prepared for a possible liquidity hunt to 1.076 - 1.08 region today before dumping. They are known to pump higher and faster than thought possible. Once price officially dumps below 1.068 after this, it's game over for bulls....

im not trying to be dickish superman but you and most everybody else in here dont know jackshit ...you need to keep learning before you end up roadkill with no money in your account

theres no such thing as "market makers" in forex... thats like sayin the boogeyman lives under your bed

since forex is decentralized the only ones stealing your money is the shitbag forex brokers you trade with .. the only place there are marketmakers is on stock exchanges...thats it...not even futures market

In futures exchanges, a scalper is usually identified as someone who makes frequent purchases and sales during the day, yet ending the day without any outstanding position. Collectively, scalpers voluntarily approximate the role of market-makers, providing the liquidity so essential to futures markets. https://en.wikipedia.org/wiki/Futures_exchange

https://en.wikipedia.org/wiki/Market...ven%20security.

study up my man youll have a leg up on most people on forex factory
short trump and go long the deepstate
  • #789,112
  • Nov 9, 2023 10:20am Nov 9, 2023 10:20am
Quoting eyefeelsix
{quote} Thanks miti, goodluck for you! btw, GU's behavior these past 2days has caused me stuck to unable trade on other pairs
Yeah... it's trying to deceive everybody.
  • #789,113
  • Nov 9, 2023 10:23am Nov 9, 2023 10:23am
Quoting ScalaFX
{quote} I dont knoa why but it is what we see, added some more above 37500 till 38000, thats all, now patience
I dont must wait too long for my profit, closed all
People don't plan to lose. They lose because they don't plan.
  • #789,114
  • Nov 9, 2023 10:26am Nov 9, 2023 10:26am
Quoting Mitiblotch
{quote} Mate, even the market makers don't have as much power on the weekly chart and many times the daily. When some things are confirmed on the weekly, they zap down to the daily and 4hr chart to stretch it. The people getting deceived here are sellers. There is a double bottom kind of support we have on EU and GU. I don't see lower this year sir. Kindly take a look at November and December for the past few years and see if it was a time of going down to break new lows. History, they say, repeats itself. Powell made it abundantly clear in his...
I beg to differ. There is no set pattern for EUR/USD price action for November and December. Going back 9 years, we have 2014, 2015, 2016, and 2021 as mostly bearish during the last 2 months of the year, especially November. We also have a few bullish holiday seasons, and some ranging.
NO SET PATTERN.
That's why traders who use hindsight get fooled so much. The market makers are depending on that. They know what's coming more than we, the retail traders, do. And they want us to believe the opposite of what's coming. So, they do everything they can to blindside us to take advantage of the liquidity from the losers so they can monopolize the market. Their worst nightmare is the public retail traders figuring out their secrets, which would minimize their control over the markets. That is the kind of history that repeats itself. It's as old as time itself.
You cannot fail if you never give up.
  • #789,115
  • Nov 9, 2023 10:28am Nov 9, 2023 10:28am
Quoting eyefeelsix
{quote} I no longer have bullets to take short position, my max risk cannot exceed 3% per round lol {image}
GU: H4
Well Supported with MA + Trend line + 50% Fibo.
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Intraday Trading is an Art _ hoda
  • #789,116
  • Nov 9, 2023 10:28am Nov 9, 2023 10:28am
Not sure how long the support will hold.
i start shorting based on 1h
short 1.2281
  • #789,117
  • Nov 9, 2023 10:38am Nov 9, 2023 10:38am
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yes yes yes
  • #789,118
  • Nov 9, 2023 10:42am Nov 9, 2023 10:42am
Quoting Cr4zy
GU buy limit 1.2279, sl 1.2269, no tp
TP 1.2313
  • #789,119
  • Nov 9, 2023 10:43am Nov 9, 2023 10:43am
Flat af right now. Range market.
Till Powell open his mouth then we'll see in which direction are we moving.
Exhausted
  • #789,120
  • Nov 9, 2023 10:44am Nov 9, 2023 10:44am
New York needs to make up its damn mind. 2 days of consolidation…
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