Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

cable short for gbpusd? 10 replies

Cable Update - Continued 105 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Cable Update (GBP/USD) without Idiots 23 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

Quoting dantpm
{quote} Jesus, I thought Greenspan was a genius! He was the last FED chairman that I understood!

LOL...than youre the only one that understood him so you had an "edge"

BINGHAMTON, N.Y. — IN his nearly 19 years as chairman of the Federal Reserve, Alan Greenspan was notorious for speaking in an elliptical, oracular, even mystifying style. Mindful that a single errant syllable might cause markets to soar — or tumble — Mr. Greenspan mastered a language, “Fed-speak,” so turgid that it made economics textbooks seem like children’s literature by comparison.
“Since I’ve become a central banker, I’ve learned to mumble with great incoherence,” Mr. Greenspan once boasted. “If I seem unduly clear to you, you must have misunderstood what I said.”
TDS is a beautiful thing Halbot
anyone that thought powell was dovish needs to learn a new language


Historical Echoes: Fedspeak as a Second Language

Greenspan himself used the word “obfuscate” to describe what he
was doing when engaging in Fedspeak, according to this 2007 Chicago Tribune article:
This apparent doublespeak—call it
nuance or equivocation—was commonplace under Bernanke’s predecessor, Alan
Greenspan.
Indeed, in a presentation Thursday to executives in Atlanta, Greenspan said opaque answers to straightforward questions were part of the job, because he couldn’t say “no comment” and he didn’t want markets to overreact.
“What tends to happen is your syntax collapses,” he said, according to a report of his appearance by the Atlanta Journal-Constitution.
“All of a sudden, you are mumbling. It often works. I created a new language which we now call Fedspeak. Unless you are expert at it, you can’t tell that I didn’t say anything.”

https://libertystreeteconomics.newyo...cond-language/
TDS is a beautiful thing Halbot
Quoting elude
{quote} Quite similar, my parents are adherents but they don’t push me in to their beliefs, paid for my education in a worldly secular school, and I’m a free-spirit humanist. Changing subject {quote} So are you ready to jump in to long the uj today? I'm not ready, wanna see some more up move and enter below that.

it triggered a buy but i havent entered yet...its off the weekly so can go sideways for a few days and make inside doji type candles or may go down alittle for 2-3 days before blasting up and closing the week green

i placed buy orders at 141.62 and 140.95 ( the lows of the last two weekly candles) so ill buy when price is falling since thats how i trade...and short when price is goin up

thats why people never see things my way LOL

if UJ takes off tonight while im sleeping ill just have to buy on a retracement hier
TDS is a beautiful thing Halbot
brand new week after huge loss last week...but im glad that im loss is profit money...
lets scalp in the range market again
always short scalp today
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20231218_082040.jpg Size: 168 KB
1.27100 short Gbpusd
2023 short gold
Quoting voeltoez
always short scalp today {image}
open 2nd order short 2698
little different than eu apparently . anyway a bottoming to bear more possible in gu near term . take care
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
we go again Bull Squad buy @ 1.26900 sl 1.25600 tp 1.27500
Keep the Lights on then you can catch the rise from the dark.
my long and short zones today, easy again;-)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 26 KB
trading is like dancing, don't think and just listen to the music!
Quoting fontu
little different than eu apparently . anyway a bottoming to bear more possible in gu near term . take care {image}
Maybe a tap on Daily Pivot or 2720 area before coming down again to resume retracement?
Quoting kelvinftg
{quote} Maybe a tap on Daily Pivot or 2720 area before coming down again to resume retracement?
if do bounce for 2720 , then should do now without correction down 2673 before the same . if late then 2710 will be tough break before testing lower support levels . still 2656 low hold then it should correct up before further low , again if minimum correction 2730 done also 2738 limit exist , so in so narrow range may to decide bull or bears life . so correct when ready for , breaks limit up of 2738 , means a full leg up before very good bear leg next possible below 2652 to 2611 even ! so possible range 2738+ , say 48 =58 pips to 2611 =79 , more bearside !
Not understand?better not follow my analyses!doubt clearer first, risks ++
G/M, quite a large range Asian session just ended as early London forex desks take over, (44pips.) A small dip down below Fri's lo to the new Wkly Pivot then a bounce up to the Asian hi where a small sell-off has taken place off that hi. Asian hi and lo are presently the current dly hi and lo.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
Intraday trader 30min+ supp/res/sbr/rbs, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting Pat Chiko
GU Technical Outlook on Price Action {image}.
GU

Update on scalping position

Attached Image (click to enlarge)
Click to Enlarge Name: gu 068.jpg Size: 156 KB
I come from the future.
Quoting Pat Chiko
{quote} GOLD Following the set up Gold doing its ABC correction{image}
GOLD

Update on scalping position

Attached Image (click to enlarge)
Click to Enlarge Name: gold 030.jpg Size: 153 KB
I come from the future.
Quoting Pat Chiko
{quote} UJ Agrre on your view. Still have sizeable room to go down further. Have to wait for FVG get filled with ABC retracement may occur first {image} {image}
UJ

Update scalping position
Attached Image (click to enlarge)
Click to Enlarge Name: uj 004.jpg Size: 156 KB
I come from the future.
Quoting Headland
....There is currently a repeating pattern of 1hr bullish hidden div - valid so long as price stays above 2612. It comes @ a sub-optimal place on 1hr (in a downtrend) and indeed on next higher t/f in this t/f where the uptrend first exists, ie 4hr is showing weakness and has printed a 2nd LL. It could be said to be there too on 2hr (next higher t/f is 8hr which is in a general uptrend) and this would come @ again a sub-optimal 1st LL on that t/f, and could be measured from same place as 1hr - is good whilst above 2612 or even may be valid whilst...
The bullish hidden div on 1hr and 2hr I spoke of @ the w/e is still there @ Asian/current dly lo (see quote and qualifying explanation above.) Price currently challenging bottom of a prev 1hr minor sw hi zone to Asian/current dly hi again, after a lower t/f 1st rejection of it.
Intraday trader 30min+ supp/res/sbr/rbs, & 5min+ sbr/rbs, via 1min+ set-ups
Quoting Pat Chiko
{quote} UJ Update scalping position{image}
scalping position
People don't plan to lose. They lose because they don't plan.
...not a lot of change so far today to the 4hr chart I posted @ the w/e. A new asc t/line joins the L (after HL then LH) on this t/f. It is still in a general uptrend.
Graphic in top left of chart shows the current 10/20/40 ema crosses.

There will be some tight retail stops above the Asian hi - some may just be triggered now? Other short stops are probably above last week's 2794 uptrends hi ?

4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Intraday trader 30min+ supp/res/sbr/rbs, & 5min+ sbr/rbs, via 1min+ set-ups
This has been incredibly confusing

Looks like today is the day I pay my membership fee
62 traders viewing now, 5 are members:
ipdartist
,
,
1 in 1 out
,
Bloodwish
,
coyoteuglyxxx