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Cable Update (GBPUSD)

  • #789,781
  • Nov 13, 2023 2:38am Nov 13, 2023 2:38am
Quoting maxi444
A sad point of view The US turned into something akin to the terrorist-rigged bus set to explode if it slows below 50 mph in the 1994 Keanu Reeves film 'Speed'. Politically unable to return its military entitlements and commitments but unable to afford them, it will run into the fiscal wall of excessive interest spending and insufficient demand for its debt.
The problem is that people have been saying this for ages. If the world lasts another 300 years the US would still be getting away with said excesses. The world likes it that way. Most people prefer a US hegemony to, say, China or Russia. As for the Middle East, don't even go there.
  • #789,782
  • Nov 13, 2023 2:39am Nov 13, 2023 2:39am
Quoting navk
{quote} Break even. out. {image}
mee too, not convincing.
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Now still fighting with OIL
At BE + but still hestitant to take it of
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #789,783
  • Nov 13, 2023 2:40am Nov 13, 2023 2:40am
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yes yes yes
  • #789,784
  • Nov 13, 2023 2:43am Nov 13, 2023 2:43am
G/M...a possible day of relief ahead for the bulls maybe (?) after fri's dly pinbar ends 4 consecutive bearish days last week. So far today, price presently near top of Asian range but still within.

1hr below
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Trader with an Edge.
  • #789,785
  • Nov 13, 2023 2:48am Nov 13, 2023 2:48am
Quoting GODofMC
{quote} mee too, not convincing.{image} Now still fighting with OIL At BE + but still hestitant to take it of{image}
cleared OIL at First Posistion, worth $30 while i believe more up to 77.20 to close gap
had to drop my GOLD sell at 1938.88 to to add margin to OIL account
Attached Image (click to enlarge)
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #789,786
  • Nov 13, 2023 2:48am Nov 13, 2023 2:48am
Quoting Mitiblotch
{quote} The problem is that people have been saying this for ages. If the world lasts another 300 years the US would still be getting away with said excesses. The world likes it that way. Most people prefer a US hegemony to, say, China or Russia. As for the Middle East, don't even go there.
I think that the world has become a 'smaller place' and enlightened people would actually prefer not to have US or any other country dominating the world. We are also finding out about more political interference happening that we were not privy to in the past as global transparency increases.
Sadly it appears that the media has become a political tool that can no longer be depended upon for reporting accurately. Censorship is also increasing as politicians strive to control the narrative.
  • #789,787
  • Nov 13, 2023 2:49am Nov 13, 2023 2:49am
Quoting Moty
{image}
Is this chart from the past or future?
  • #789,788
  • Nov 13, 2023 2:52am Nov 13, 2023 2:52am
Quoting dantpm
{quote} I think that the world has become a 'smaller place' and enlightened people would actually prefer not to have US or any other country dominating the world. We are also finding out about more political interference happening that we were not privy to in the past as global transparency increases. Sadly it appears that the media has become a political tool that can no longer be depended upon. Censorship is also increasing as politicians strive to control the narrative.
Thanks for pointing out my mistake on eur/jpy
  • #789,789
  • Nov 13, 2023 2:53am Nov 13, 2023 2:53am
...you can see on dly chart below where price found support on Fri, @ that prev dly sw hi zone = prev res = pot rbs that geins @ 2199 and extends down to circa 2169.

dly below
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Trader with an Edge.
  • #789,790
  • Nov 13, 2023 2:55am Nov 13, 2023 2:55am
Quoting knkie
2237 long M5 15 pipes
stopped out -3

not sure where this is going
in wondering about yourself, you forgot what you came here to be part of
  • #789,791
  • Nov 13, 2023 2:57am Nov 13, 2023 2:57am
short GU 2236 SL 15 pips target 2160
People don't plan to lose. They lose because they don't plan.
  • #789,792
  • Nov 13, 2023 2:58am Nov 13, 2023 2:58am
...per graphic on 4hr chart below, 10/20/40 ema crosses all over the place presently, across the t/f.s

4hr below
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Trader with an Edge.
  • #789,793
  • Nov 13, 2023 3:02am Nov 13, 2023 3:02am
Quoting GODofMC
{quote} cleared OIL at First Posistion, worth $30 while i believe more up to 77.20 to close gap had to drop my GOLD sell at 1938.88 to to add margin to OIL account {image}
damned me .
I should Set And Forget
Attached Image (click to enlarge)
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #789,795
  • Nov 13, 2023 3:11am Nov 13, 2023 3:11am
Here is a look at H2/H4/H8 showing the intra-day up bias in place due to the rally underway.

H1 is next in line to make a pullback and return up.

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To free Gazans of Hamas, use whatever it takes.
  • #789,796
  • Nov 13, 2023 3:11am Nov 13, 2023 3:11am
Quoting Pat Chiko
Happy weekends all. Stay safe and enjoy it. Before I go , there is a question to all.{image} I start first. " Why they have the healthcare so expensive? Do they want money or people to die?"
What is really really had about stopping Gun Violence? Innocent people are dying everyday and they are busy playing politics with it.
It's so sickening.... " WHEN YOU DON'T WANT TO DO A THING YOU WILL FIND ONE THOUSAND REASONS NOT TO DO IT BUT WHEN YOU WANT TO DO IT
YOU WILL ALSO FIND ONE THOUSAND REASONS TO DO IT"
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #789,797
  • Nov 13, 2023 3:23am Nov 13, 2023 3:23am
Quoting navk
Tuesday is CPI release day. Account blowing day. If any retail trader has long/short open position, should preferably close b4 release.
Yea, really account blowing day.
Those years when i didn't know what i was doing, I remember coming up with this Abbreviation ABD (account blowing day) to keep me away from blowing my account once again after so many times.

so i will always say ABD, instead of NFP or CPI.
God help us all
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #789,798
  • Nov 13, 2023 3:25am Nov 13, 2023 3:25am
I. Focus on trading

II. Respect fellow traders

III. No bickering

IV. No nationalism or racism

V. No politics or religion

VI. No conspiracy or doomsday

VII. No personal agendas

VIII. No commercial agendas

IX. One username at a time
in wondering about yourself, you forgot what you came here to be part of
  • #789,799
  • Nov 13, 2023 3:26am Nov 13, 2023 3:26am
Quoting ScalaFX
short GU 2236 SL 15 pips target 2160
SL, still my bias is down, one more try 2251 SL 15 pips
People don't plan to lose. They lose because they don't plan.
  • #789,800
  • Nov 13, 2023 3:27am Nov 13, 2023 3:27am
easy money
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yes yes yes
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