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Cable Update (GBPUSD)

  • #796,841
  • Dec 13, 2023 1:49pm Dec 13, 2023 1:49pm
They had me pals, they really had me more than 1000$ wasted.
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Well It's part of this game let me have some sleep
I live in the future
  • #796,842
  • Dec 13, 2023 1:49pm Dec 13, 2023 1:49pm
I will find setup tomorrow
MY OPINION NOT FINANCIAL ADVISE
  • #796,843
  • Dec 13, 2023 1:49pm Dec 13, 2023 1:49pm
Almost all journalists ask if rate cut, rate cut, rate cut. He denies says we have to watch and USD get slapped. And I buy USD even more. I don't care this time. Back bounce will be coming soon.
  • #796,844
  • Dec 13, 2023 1:50pm Dec 13, 2023 1:50pm
Quoting TonyTepeli
They had me pals, they really had me more than 1000$ wasted. {image} Well It's part of this game let me have some sleep
Sorry to see this
  • #796,845
  • Dec 13, 2023 1:55pm Dec 13, 2023 1:55pm
Quoting JackintheBox
Almost all journalists ask if rate cut, rate cut, rate cut. He denies says we have to watch and USD get slapped. And I buy USD even more. I don't care this time. Back bounce will be coming soon.
You will lose it all if you don't take precaution. This thing will go up all through December. I have been singing this like a song. Not that my post matters, but I humbly ask that you reassess the situation. The market will have what they want, not what Powell says. They know what Powell means behind what he says.
  • #796,846
  • Dec 13, 2023 1:55pm Dec 13, 2023 1:55pm
Quoting JackintheBox
Almost all journalists ask if rate cut, rate cut, rate cut. He denies says we have to watch and USD get slapped. And I buy USD even more. I don't care this time. Back bounce will be coming soon.

There is interest rate projection that is lower than previous projection.
  • #796,847
  • Dec 13, 2023 1:56pm Dec 13, 2023 1:56pm
Quoting ScalaFX
3rd sell 2620
join the party dude
  • #796,848
  • Dec 13, 2023 1:57pm Dec 13, 2023 1:57pm
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  • #796,849
  • Edited 2:18pm Dec 13, 2023 1:57pm | Edited 2:18pm
Quoting Pat Chiko
Oil Crash Threatens Petrodollar Dominance: . The stock market hasn't reacted much to the talk of a dollar crash, even though professional investors are aware of the economic situation. This is different from past events like regional bank collapses which caused major sell-offs. Are they driving it up to crash those ?{image} We wait for Jay Pow to speak later.
NASDAQ

partial closed, few more to go with positive stops
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Special Thanks

I'd like to extend a special thanks to Jerry for his invaluable contributions throughout the year.
His dedication and expertise have undoubtedly played a significant role in our success as traders.
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Jerry's contributions are etched in the success of countless traders.
His ability to navigate the complexities of the market, from FOMC announcements to conference whispers, has turned margin calls to many unwary traders as well it get into opportunities to well informed traders.
Thus has some traders portfolios and destroyed most of it beyond measure.
He is, quite simply, an invaluable asset to our trading community.

I believe that concludes our trading for 2024 2023, unless Jerry has any other surprises in store.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,850
  • Dec 13, 2023 2:00pm Dec 13, 2023 2:00pm
Quoting Wavegarrick
{quote} Unless Usdx has a 4hr to daily break and hold above my yearly pivot at 104.172, I continue to look for buy opportunities on GU from a medium term perpective. Trade safe. Cheers. {image}
The build up on Usdx for a week and a half:
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The outcome:
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Trade safe,
Cheers.
Trade to trade another day
  • #796,851
  • Dec 13, 2023 2:02pm Dec 13, 2023 2:02pm
Quoting nAVIN2007
{quote} Sorry to see this
Seems like today I excuted my position against the Big guy buddy.
And all his statement did nothing had to cut my looses before it got messy
I live in the future
  • #796,852
  • Dec 13, 2023 2:03pm Dec 13, 2023 2:03pm
Quoting TonyTepeli
They had me pals, they really had me more than 1000$ wasted. {image} Well It's part of this game let me have some sleep
me too , i got fkd up and i have lost 900$ on GU
god bless us traders
  • #796,853
  • Dec 13, 2023 2:04pm Dec 13, 2023 2:04pm
Quoting voeltoez
{quote} join the party dude

Tomorrow is rate decision for GBP. Couldn’t that bring this down. ( I don’t know what Asian session will do).
  • #796,854
  • Dec 13, 2023 2:04pm Dec 13, 2023 2:04pm
asian session reacts could move gu to 2666
  • #796,855
  • Dec 13, 2023 2:05pm Dec 13, 2023 2:05pm
Quoting Mitiblotch
{quote} You will lose it all if you don't take precaution. This thing will go up all through December. I have been singing this like a song. Not that my post matters, but I humbly ask that you reassess the situation. The market will have what they want, not what Powell says. They know what Powell means behind what he says.
Yes, the december is often lower dollar but what I see is a building up a dollar weakness which is not supported by datas. It's fine for me. I'm used to lose in such moments but I lose much less than market is moving. That makes me winning in the end. Thanks for your input.
  • #796,856
  • Dec 13, 2023 2:05pm Dec 13, 2023 2:05pm
Quoting voeltoez
{quote} join the party dude
i dont belive this up mov
People don't plan to lose. They lose because they don't plan.
  • #796,857
  • Dec 13, 2023 2:05pm Dec 13, 2023 2:05pm
Quoting Pat Chiko
{quote} Not to worry Bro. I will get some analysis on FOMC soon. Stay tuned. {image}

FOMC Analysis

Her trading analysis beast!
Her read on the FOMC was spot-on, and her insights were dead accurate.
If you need top-notch analysis, hit me up for her number (night-owl hours only!).
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She nailed the FOMC setup and her insights were pure gold.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,858
  • Dec 13, 2023 2:08pm Dec 13, 2023 2:08pm
Oh, finally someone asked about latest numbers which shows not at all rate cuts. Currently asking more. Market first moved down, now strong up (USD).
Do we see some action on USD strength next 30 minutes . Let's see. I'm posioned nicely. Love that "drawdowns". That's my game.
  • #796,859
  • Dec 13, 2023 2:10pm Dec 13, 2023 2:10pm
That was over all dovish from the silly Powell
bye Mr usd
Master your mind. Master Trading.
  • #796,860
  • Dec 13, 2023 2:14pm Dec 13, 2023 2:14pm
Quoting JackintheBox
Oh, finally someone asked about latest numbers which shows not at all rate cuts. Currently asking more. Market first moved down, now strong up (USD). Do we see some action on USD strength next 30 minutes . Let's see. I'm posioned nicely. Love that "drawdowns". That's my game.
It is still overall a dovish stance with many dovish statements and hence the USD pairs reacting this way with a sell-off.
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