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Cable Update (GBPUSD)

  • #796,641
  • Dec 13, 2023 1:29am Dec 13, 2023 1:29am
I can only ....
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yes yes yes
  • #796,642
  • Dec 13, 2023 1:29am Dec 13, 2023 1:29am
Quoting Yngwie
Long 1.2550 SL 1.2530 TP 1.2580
Hit SL. FarkNews
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #796,643
  • Dec 13, 2023 1:31am Dec 13, 2023 1:31am
we go again buy @ 1.25280 sl 20pips tp open
Keep the Lights on then you can catch the rise from the dark.
  • #796,644
  • Dec 13, 2023 1:33am Dec 13, 2023 1:33am
Quoting Moty
This mouth i deposited 600 $ This is my equity from this deposit What do you think? Can i get to 2000 $ until the end of the week? Last time i reached to 1900 $ and lost it all The only reason that i am not withdrawing is because i believe the dollar will spike today and this can earn me some more money on my Dollar {image}
If you manage to keep your account base higher, you will end up making more money if you stay disciplined. Lots of ifs.
  • #796,645
  • Dec 13, 2023 1:33am Dec 13, 2023 1:33am
Quoting Georginson
Bought 1.2528, target 1.2600, stop at 1.2470
Good call Georgi,
Thanks for sharing it real time.

Sell side LQ zone (SSL)
Daily Order Block zone OB)
Price is testing Nov internal structure (IRL)
Price need to retest yesterday equal high (EQH) zone
Target to QM level (QM) which are BSL
Testing back the upper TL (TL)

And it is a very low risk trades.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,646
  • Dec 13, 2023 1:36am Dec 13, 2023 1:36am
Nice drop, I looked to stay away ...
A loot of money to be sent to the dance floor today, with the supper power of today's superstition day.
The slow moves from last days, without much drama on those moves ... are this candies to grow confidence and go in big?
  • #796,647
  • Dec 13, 2023 1:37am Dec 13, 2023 1:37am
Quoting Elysion
To hold or to exit. Hmmm... I wanna see below 1960 though. {image}
MOFO.
I went into meeting for 30 mins and it reversed
Exhausted
  • #796,648
  • Dec 13, 2023 1:40am Dec 13, 2023 1:40am
Quoting Fardeen1209
{quote} Something we can play with for FOMC tonight {image} Expecting a dovish disappointment which will temporarily lift the dollar. (DOT plot will surely project less than 100bps rate cut in 2024) Powell in his recent speeches about "it would be premature to conclude with confidence"
The dovish Disappoint to 'temporarily' lift the dollar
Cause this will not change the narrative that FED will start hiking again. Hiking cycle is ending/already ended.
USD
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We need a daily close 13020
Otherwise EW wave count will be invalid.
I'll be happy not to see Dollar break the 13020 level

However, based on understanding of market structure, i see it ~13060 Breakout + Retest of DAILY BOS. The downward structure will be still intact.

My 2 cents.

BTW anyone see other setup?
More time in the market, does not mean you trade better!
  • #796,649
  • Dec 13, 2023 1:40am Dec 13, 2023 1:40am
Just flipped through all the US$ pairs and gold, vastly difference performance for the past 40 minutes!
  • #796,650
  • Dec 13, 2023 1:42am Dec 13, 2023 1:42am
Quoting Elysion
{quote} MOFO. I went into meeting for 30 mins and it reversed
small matter, bro.
you're rich person can re enter again and recover it fast.

Best wishes
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,651
  • Dec 13, 2023 1:43am Dec 13, 2023 1:43am
Quoting Moty
This mouth i deposited 600 $ This is my equity from this deposit What do you think? Can i get to 2000 $ until the end of the week? Last time i reached to 1900 $ and lost it all The only reason that i am not withdrawing is because i believe the dollar will spike today and this can earn me some more money on my Dollar {image}
Being poor, account speaking, is just donations in spiky days.
  • #796,652
  • Dec 13, 2023 1:54am Dec 13, 2023 1:54am
Quoting Konichiwhaat
{quote} Pigs get fat, hogs get slaughtered
Slaughter and fed to pigs.
Exhausted
  • #796,653
  • Dec 13, 2023 1:55am Dec 13, 2023 1:55am
Quoting Moty
This mouth i deposited 600 $ This is my equity from this deposit What do you think? Can i get to 2000 $ until the end of the week? Last time i reached to 1900 $ and lost it all The only reason that i am not withdrawing is because i believe the dollar will spike today and this can earn me some more money on my Dollar {image}
withdraw your capital and use your profit money to reach your target. Good luck
  • #796,654
  • Dec 13, 2023 2:00am Dec 13, 2023 2:00am
Calender

Before the main event, the FOMC meeting later today, we have an intermediate event with the release of PPI data.
However, it's unclear why we need PPI data when CPI data was already announced earlier.

Difference in CPI and PPI
CPI: Measures the average change in prices of goods and services purchased by consumers over a specified period. It reflects the inflation experienced by individuals in their everyday lives.
PPI: Measures the average change in prices received by producers (businesses) for their output. It reflects inflation at the wholesale level before markups and taxes are added.

Simple analogy:
CPI: Imagine you went grocery shopping and noticed that the price of milk increased. The CPI would reflect the increase in your cost of living.
PPI: Imagine you are a dairy farmer and noticed that the price of cattle feed increased. The PPI would reflect the increase in your production costs.

Purpose:
CPI: Used to adjust wages, pensions, and other income transfers for inflation. It also guides economic policy decisions related to interest rates, unemployment, and economic growth.
PPI: Used by businesses to track input costs, manage inventory, set prices, and make investment decisions. It can also be an indicator of future inflation at the consumer level.

Both CPI and PPI are important tools for understanding inflation and its impact on the economy. While they differ in their specific details, they provide complementary perspectives that are valuable for making informed decisions.

The impact of Core PPI on USD strength:
Actual vs. expected readings:
A higher-than-expected Core PPI reading is more likely to have a positive impact on the USD than a reading that meets expectations.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,655
  • Dec 13, 2023 2:01am Dec 13, 2023 2:01am
small longs 2520 sl 2500
will add later if bullish fixed
  • #796,656
  • Dec 13, 2023 2:03am Dec 13, 2023 2:03am
Quoting Elysion
{quote} Slaughter and fed to pigs.
revenge time
  • #796,657
  • Dec 13, 2023 2:28am Dec 13, 2023 2:28am
In short-1.2533
Sl-1.2541

Tp- 1.2462--- daily S2
  • #796,658
  • Dec 13, 2023 2:36am Dec 13, 2023 2:36am
Quoting cablekingdom
In short-1.2533 Sl-1.2541 Tp- 1.2462--- daily S2
Pat chiko-- y did u like my post
U are on the long side

I hv taken this trade after lot of deliberation bcoz all seniors like u , George, voelts are on the long side

I just went ahead with PA on 15 minutes

Plz let me know if you think that we cud correct upto 1.2470 or u still bullish?
  • #796,659
  • Dec 13, 2023 2:48am Dec 13, 2023 2:48am
Quoting cablekingdom
{quote} Pat chiko-- y did u like my post U are on the long side I hv taken this trade after lot of deliberation bcoz all seniors like u , George, voelts are on the long side I just went ahead with PA on 15 minutes Plz let me know if you think that we cud correct upto 1.2470 or u still bullish?
at normal time..without red news later..im still on bearish strong H4
but in this time..scalper like me try to make profit as much as i can before news..small long..big short.
  • #796,660
  • Dec 13, 2023 2:49am Dec 13, 2023 2:49am
Quoting cablekingdom
{quote} Pat chiko-- y did u like my post U are on the long side I hv taken this trade after lot of deliberation bcoz all seniors like u , George, voelts are on the long side I just went ahead with PA on 15 minutes Plz let me know if you think that we cud correct upto 1.2470 or u still bullish?
I get too jittery abt my trades if I go against what seniors are doing.....will close at BE
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