Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#790,381
Nov 14, 2023 10:09pm Nov 14, 2023 10:09pm

TheCardinal
Joined May 2021 | Status: Trader | 289 Posts

Quoting Zebi

Disliked

{quote} you want to be smarter than 95% of the people in here and see the future ? if the answers yes than i have some homework for you LOL pull up the FF news board and get the dates of previous cpi announcements and mark with arrows what happened on GU and dollar charts then like that nfp in my mother of all drop dollar chart earlier LOL theres more to trading than just following posters or indicators i always say learn to read a chart so do ur homework and annotate it... you wont need any of us and just come to the room to brag LOL...

Ignored

For 2023

Out of the 10 data,

6 of them were the same as expected (side arrow, the first point of the arrow is the date of the data).
In 4 of those 6 instances we saw a rally
In 2 of those 6 instances, we saw a drop in price

3 of them were better than expected and we saw a drop in price

2 of them were worse than expected
In one of those 2 instances (first red arrow), we saw a rally the same and the next day, but then a drop in price
The second instance was today (tuesday). So lets see tomorrow and the next few days but based on the results I got, I expect a short term rally tomorrow and possibly thursday and then a drop in price. Thats exclusively based on the news results and no chart analysis or fundamentals.

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#790,382
Nov 14, 2023 10:12pm Nov 14, 2023 10:12pm

TheCardinal
Joined May 2021 | Status: Trader | 289 Posts

Quoting TheCardinal

Disliked

{quote} For 2023. I didnt spend as much time as the previous year where the arrow was the move and the actual news release was in the text above or below. This time, the coulor of the arrow is the "actual vs the expected" so green = better than expected and red = worse than expected Out of the 10 data, 6 of them were the same as expected (side arrow, the first point of the arrow is the date of the data). In 4 of those 6 instances we saw a rally In 2 of those 6 instances, we saw a drop in price 3 of them were better than expected and we saw a drop...

Ignored

Full chart for 2022 and 2023 core cpi release

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#790,383
Nov 14, 2023 10:14pm Nov 14, 2023 10:14pm

Houtbay
Joined Nov 2020 | Status: Trader | 4,573 Posts

Gold and Gbpusd move up to yesterday high where we meet resistance.

#790,384
Nov 14, 2023 10:18pm Nov 14, 2023 10:18pm

7154Superman
Joined Dec 2020 | Status: Trader | 1,210 Posts

Quoting Whale

Disliked

Crazy things are going to happen soon.. im shorting still.. i removed my tp , i will hold.

Ignored

What crazy things?

You cannot fail if you never give up.

#790,385
Nov 14, 2023 10:26pm Nov 14, 2023 10:26pm

Houtbay
Joined Nov 2020 | Status: Trader | 4,573 Posts

Short Usdjpy

#790,386
Nov 14, 2023 10:29pm Nov 14, 2023 10:29pm

Zebi
Joined May 2022 | Status: Trader | 8,033 Posts

Quoting TheCardinal

Disliked

{quote} I did 2022 and it seems that the moves are just random. Out of the 12 data: 7 were better than expected. Out of those 7 instances One of them GU went up the same day and the next couple of days. Four of them GU went down the next day but up the next few days after Two of them we saw a sell off One of the data was same as expected but better than previous and GU went down for a few days (3) but then back up. 4 were worse than expected. Out of those 4 instances: One of them GU went down Two of them GU went up the next day but then down the...

Ignored

\
great...glad someone tried it

Quoting Zebi
{quote} you want to be smarter than 95% of the people in here and see the future ? if the answers yes than i have some homework for you LOL pull up the FF news board and get the dates of previous cpi announcements and mark with arrows what happened on GU and dollar charts then like that nfp in my mother of all drop dollar chart earlier LOL theres more to trading than just following posters or indicators i always say learn to read a chart so do ur homework and annotate it... you wont need any of us and just come to the room to brag

LOL

...

im such a slow typer i usually compose a paragraph in my head before i even finish typing the first sentence LOL....so i leave out some words...what i meant and thot i said was mark the candles ...inside candles dont count since thats indecision

candle reactions to the number is what matters.. big candle reactions to a number whether just beating forcast or previous usually have follow thru especially if they retrace first then continue in the original direction..its not a 100 percent but very high probability

heres the dollar nfp chart again

the only big red candle that failed was the 3rd one from the left ...the 4th was an inside candle so would have been ignored...i dont even know what the number was if it beat or not that wasnt my point ...just that that days candle as long as isnt an inside one and the direction it closed is where price will continue going for a week or two

so out of those 6 nfp candles only one failed and another was an inside one

now we'll see what the cpi will do

..... even if retraces back up to midpoint of todays candle tomorrow it will still test under 104 in a few weeks time is the point i was making
about seeing into the future

edit: now that i took a second look at that chart that 3rd nfp candle that failed will prolly be a target for retracement now which would make it 102 instead of my 103 target ive been sayin

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short trump and go long the deepstate

#790,387
Nov 14, 2023 10:31pm Nov 14, 2023 10:31pm

mallee
Joined Jun 2013 | Status: Trader | 1,732 Posts

Quoting montygoldy

Disliked

{quote} man thats a risky position. Same thing happened last week big bulls then next day extend before retracing expecting same. Can u share which firm and is it a challenge or funded

Ignored

If you believe him, I have a bridge i want to sell.
https://th.bing.com/th?id=OLC.YXoScU...6&pid=3.1&rm=2

#790,388
Nov 14, 2023 10:42pm Nov 14, 2023 10:42pm

Zebi
Joined May 2022 | Status: Trader | 8,033 Posts

Quoting TheCardinal

Disliked

{quote} Full chart for 2022 and 2023 core cpi release {image}

Ignored

youre fixated on the numbers...its what the candles did

short trump and go long the deepstate

#790,389
Nov 14, 2023 10:52pm Nov 14, 2023 10:52pm

Zebi
Joined May 2022 | Status: Trader | 8,033 Posts

Quoting TheCardinal

Disliked

{quote} Full chart for 2022 and 2023 core cpi release {image}

Ignored

your cpi charts look good tho...ill have to check numbers on the charts like you just did...maybe theyre better than candle direction LOL

short trump and go long the deepstate

#790,390
Nov 14, 2023 10:59pm Nov 14, 2023 10:59pm

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

usdchf is a great short to the 0.8500 then to 0.800 as a longer term target in my view.

#790,391
Nov 14, 2023 11:01pm Nov 14, 2023 11:01pm

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

Quoting mallee

Disliked

{quote} Careful Brit CPI in 3 hours.

Ignored

Thanks Mallee for the reminder, i appreciate it my friend.

#790,392
Nov 14, 2023 11:02pm Nov 14, 2023 11:02pm

Zebi
Joined May 2022 | Status: Trader | 8,033 Posts

Quoting Zebi

Disliked

{quote} i dont feel like sitting and waiting for my oanda 2500 tp to get hit so closed all longs at 2489 and going short temporarily to 2450 where ill start buying down to 2400 its christmas time in november cause made 230 pips i lightened up but kept some of my futures longs and will buy lower as well so its kind of a hedge that americans can do

Ignored

Quoting Zebi

Disliked

{quote} i got robbed of 10 pip profit LOL short another at 2499

Ignored

i put in a sl at 2510 cause dont want to become roadkill while i go to sleep in an hour or two

tp is 2450

short trump and go long the deepstate

#790,393
Nov 14, 2023 11:07pm Nov 14, 2023 11:07pm

Jackoboms
| Joined Jun 2023 | Status: Trader | 596 Posts

Quoting Zebi

Disliked

{quote} {quote} i put in a sl at 2510 cause dont want to become roadkill while i go to sleep in an hour or two tp is 2450

Ignored

Was thinking you will wait till after Brit CPI

#790,394
Nov 14, 2023 11:10pm Nov 14, 2023 11:10pm

tehtawar
Joined Jun 2017 | Status: Profitable Trader | 352 Posts

If today's CPI is red then price can go up to 0.8750

Try to long here SL yesterday low +1 Tp 0.8750

Add sell limit 0.8750 SL +20

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Stay low, Go fast - No luck, All skill

#790,395
Nov 14, 2023 11:13pm Nov 14, 2023 11:13pm

Zebi
Joined May 2022 | Status: Trader | 8,033 Posts

Quoting Jackoboms

Disliked

{quote} Was thinking you will wait till after Brit CPI

Ignored

thats 1:00 am my time but youre prolly right so ill have to stay up

short trump and go long the deepstate

#790,396
Nov 14, 2023 11:32pm Nov 14, 2023 11:32pm

OperaniyiFx
Joined Jun 2020 | Status: Trader | 340 Posts

Quoting montygoldy

Disliked

{quote} man thats a risky position. Same thing happened last week big bulls then next day extend before retracing expecting same. Can u share which firm and is it a challenge or funded

Ignored

I know what happened last week.. such can’t happen today, I have reasons, i didn’t just enter such lot base on assumptions. My account is a challenge not funded… GU move 300pips yesterday got exhausted and hit strong resistance level. So I expect a strong sell for about 50-70pips minimum to happen today.

#790,397
Nov 14, 2023 11:41pm Nov 14, 2023 11:41pm