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Cable Update (GBPUSD)

  • #794,661
  • Dec 1, 2023 12:40pm Dec 1, 2023 12:40pm
Quoting Zebi
longterm resistence on the quarterly...probably take a comet hitting earth cause a deadly virus and the mother of all inflations couldnt get gold to breakout from congestion LOL....ill leave the yearly chart for youall to look up {image}
Quoting Zebi
let me try this again cause gold bulls getting delusional again LOL i made this post before that a comet will have tro hit earth for gold to breatout hier LOL....and i still stand by that LOL...cause covid or a good oldfashioned war between russia and ukie didnt do it so i dont think 2 knuckleheads fighting over a desert will i made these posts months ago {quote} {quote} edit: im gona amend my joke to a comet or nuclear bomb lol {image}
bools have been diappointed for 3 years thoughout all sorts of calamities and they still cant break thru LOL

these long term charts just give me solace that my underwater shorts will be profitable by christmas

as soon as the gaza fighting restarts gold price will fall again

as soon as i close GU in profit ill concentrate on gold and will prolly short the highs on gold
short trump and go long the deepstate
  • #794,662
  • Dec 1, 2023 12:43pm Dec 1, 2023 12:43pm
1.26 is a trouble level for me. Last time to 1.31 had caused me lots of loss. This time up move is the same.
IMO, today NY session's bull is significant. I expect it to 1.285 (liquidity zone) at least.
Had LONG @ 1.26411 for repairment.
  • #794,663
  • Dec 1, 2023 12:44pm Dec 1, 2023 12:44pm
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yes yes yes
  • #794,664
  • Dec 1, 2023 12:48pm Dec 1, 2023 12:48pm
Quoting Zebi
{quote} {quote} as soon as the gaza fighting restarts gold price will fall again
catch up old man
the fighting re-started 4 hours ago
406 pm local time

precisely when gold started rallying

perhaps 2069 can save you, but probably not
2079 has a higher probability of being a reaction point
in wondering about yourself, you forgot what you came here to be part of
  • #794,665
  • Dec 1, 2023 1:05pm Dec 1, 2023 1:05pm
Quoting knkie
{quote} catch up old man the fighting re-started 4 hours ago 406 pm local time precisely when gold started rallying perhaps 2069 can save you, but probably not 2079 has a higher probability of being a reaction point

kinky...heres my priapic dollar chart from yesterday....theres no technical damage bein done to the dollar

all this shit today will be reversed if not later by the close than monday on GU and gold

if todays dollar candle closes above yesterdays midpoint thats boolish dollar and bearish gold and GU
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short trump and go long the deepstate
  • #794,666
  • Dec 1, 2023 1:16pm Dec 1, 2023 1:16pm
Quoting Zebi
{quote} kinky...heres my priapic dollar chart from yesterday....theres no technical damage bein done to the dollar all this shit today will be reversed if not later by the close than monday on GU and gold if todays dollar candle closes above yesterdays midpoint thats boolish dollar and bearish gold and GU {image}
nope
you said gold would tumble when the gaza fighting started again. you were wrong, again.
You dissed everyone going long on cable speaking of the natural order of things (very facist speak btw) and you were wrong , again

dont worry i understand you will find a way to talk your way out of this because the worst thing in the world for you is admitting you got it wrong.

remember how you hounded Bones?

youd think that in the twilight of your life you would want to be remembered as a humble nice person but now its just gonna be that grouchy bitter man who constantly dissed everyone;
And never ever showed a live trade haha
in wondering about yourself, you forgot what you came here to be part of
  • #794,667
  • Dec 1, 2023 1:24pm Dec 1, 2023 1:24pm
Quoting knkie
{quote} nope you said gold would tumble when the gaza fighting started again. you were wrong, again. You dissed everyone going long on cable speaking of the natural order of things (very facist speak btw) and you were wrong , again dont worry i understand you will find a way to talk your way out of this because the worst thing in the world for you is admitting you got it wrong. remember how you hounded Bones? youd think that in the twilight of your life you would want to be remembered as a humble nice person but now its just gonna be that grouchy...


we'll see were prices are at the close and next week my dear wet behind the ears friend....

i discuss hier timecharts not the brain addled tiktok viewing 5 min charts gen x like playing on
short trump and go long the deepstate
  • #794,668
  • Dec 1, 2023 1:25pm Dec 1, 2023 1:25pm
Quoting knkie
{quote} nope you said gold would tumble when the gaza fighting started again. you were wrong, again. You dissed everyone going long on cable speaking of the natural order of things (very facist speak btw) and you were wrong , again dont worry i understand you will find a way to talk your way out of this because the worst thing in the world for you is admitting you got it wrong. remember how you hounded Bones? youd think that in the twilight of your life you would want to be remembered as a humble nice person but now its just gonna be that grouchy...
preach!!
Master your mind. Master Trading.
  • #794,669
  • Dec 1, 2023 1:26pm Dec 1, 2023 1:26pm
Quoting nubcake
{quote} Look at the time horizon of that dog shit. Months. You are looking at positions taking a ride on a sub excursion to the titanic that has been ongoing for months. FF sentiment shown there isn't about to turn around on a whim unless they all implode at once. Non-indicator unless your chart is set to D1 upwards.
Well, that's precisely what my charts are set to.
I very rarely take any notice of anything below 4hr, with the daily and weekly being my main reference.

My point being, I have watched the FF sentiment for a quite a long time and have overlaid the changes in daily sentiment on the daily chart for correlation.
The vast majority of the time, there is a negative correlation between FF sentiment and price movement.

I don't advocate using this as a stand alone contra-indicator; however, most of the time, when my sentiment has matched the published FF sentiment (measured by those with trade explorers), I become a little nervous, and my apprehensions have turned out to be justified.
Compulsions can be hard to resist
  • #794,670
  • Dec 1, 2023 1:30pm Dec 1, 2023 1:30pm
...well, that screwed up the bears didn't it? Support looked like it was coming in as price tested the prev 1hr x 2 sw lo zone that is coexistent with the prev 1hr x4/4hr x2 sw lo zone that extends to y/day's 2603 lo, when the U.s ISM data hit. The data reaction saw a 5min prev sw lo swing turned into a 15min then a 30min, then a 1hr and before we know it it's up @ 2700+, (112% of 30day adr so far.) (Incidentally that's one way of staying in a trade @ a swing point - looking at successively higher t/f's if they firm up as a swing point as well, - don't get shaken out by PA on the same t/f as used for entry.)

Price @ current dly hi has just crept into bottom of that prev 1hr x3/4hr x2/minor dly sw hi zone = prev res = pot res that extends to 2732 - the current wkly hi and 4hr/dly uptrend hi. Will the aforementioned 4hr bullish hidden div @ y/day's 2603 lo see a with next higher t/f (dly) uptrend follow-thru to a new trend hi now, either today or Monday?

1hr below
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Trader with an Edge.
  • #794,671
  • Edited 1:58pm Dec 1, 2023 1:40pm | Edited 1:58pm
Wkly looks like it will definitely close bullishly - perhaps as a bullish thrust candle, - an upside follow-thru on last wk's bullish thrust candle. Dly similar, perhaps even a bullish engulf, or a bullish thrust engulf of the previous 1 or 2 candle bodies on that t/f.
Trader with an Edge.
  • #794,672
  • Dec 1, 2023 1:44pm Dec 1, 2023 1:44pm
Quoting knkie
{quote} nope you said gold would tumble when the gaza fighting started again. you were wrong, again. You dissed everyone going long on cable speaking of the natural order of things (very facist speak btw) and you were wrong , again dont worry i understand you will find a way to talk your way out of this because the worst thing in the world for you is admitting you got it wrong. remember how you hounded Bones? youd think that in the twilight of your life you would want to be remembered as a humble nice person but now...


Do you have some special connection to the creator? Some special knowledge?
  • #794,673
  • Dec 1, 2023 1:44pm Dec 1, 2023 1:44pm
Quoting Zebi
{quote} we'll see were prices are at the close and next week my dear
dont have to wait for next week.
the war restarted 4 hrs ago and gold went up
you said it would go down
you were wrong. again

now dont try to hit on me by calling me dear hahah
in wondering about yourself, you forgot what you came here to be part of
  • #794,674
  • Dec 1, 2023 1:50pm Dec 1, 2023 1:50pm
There is only one king..

to be continue...

peace out and happy weekend.
we will see you next week
enjoy the weekend.
  • #794,675
  • Dec 1, 2023 1:50pm Dec 1, 2023 1:50pm
Closed everything
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Extreme gut feeling trader
  • #794,676
  • Dec 1, 2023 1:53pm Dec 1, 2023 1:53pm
Quoting Whale
There is only one king.. to be continue... peace out and happy weekend. we will see you next week enjoy the weekend.
have a great weekend whale
in wondering about yourself, you forgot what you came here to be part of
  • #794,677
  • Edited Dec 2, 2023 7:30am Dec 1, 2023 2:02pm | Edited Dec 2, 2023 7:30am
Quoting Coreg2004
{quote} stormtrader, keep an eye on 1915.35 where can be a possible bump up...I just started to trade micro gold futures and don't have a good feel for how it moves, yet. {image} {image}

Now, when the constable sleeps, I will post a gold chart too.
Edit: Updated daily chart.
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Always trade your own plan...I don't provide trading signals.
  • #794,678
  • Dec 1, 2023 2:13pm Dec 1, 2023 2:13pm
Quoting dantpm
{quote} What news? The 10 am NY ISM index doesn't typically do anything. Powell can say nothing and move the market, but that's 11 am NY time. The 8:30 am NY daily 'spike is coming up (news or no news) and that can sometimes move things.
If you check GBPUSD closely, you will find that 10 AM EST has price and volume "spike" much more often than 8:30 AM.
To free Gazans of Hamas, use whatever it takes.
  • #794,679
  • Dec 1, 2023 2:18pm Dec 1, 2023 2:18pm
Tough and manipulative week, however, ended in profit

I had almost $6,000 losses in gold this week, killed my GU long early, got manipulated by GU some other times but eventually ended the week in profit which matters the most

Next week is another fight for squeezing profits out of the market
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  • #794,680
  • Dec 1, 2023 2:29pm Dec 1, 2023 2:29pm
Quoting Coreg2004
{quote} Now, when the constable sleeps, I will post a gold chart too. {image}
i totally agree, i have been expecting gold to push down since the beginning of the week and it did exactly the opposite, well now after this week close and last month close, gold IS BULLISH BIG TIME.

I expect some retracement early next week before the continuation
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