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Cable Update (GBPUSD)

  • #804,081
  • Jan 21, 2024 11:23am Jan 21, 2024 11:23am
Quoting Zebi
{quote} {quote} so what happened to that 8 year call ...did you ever close that short you took in october? first public trade in 8 fookin years on here LOL

youre still refusing to answer and update that short in october?

im gona ask you about that short everytime our paths cross

you must have some serious mental issues if you cant say you closed it for a loss or are averaging up

you may need to consult with drdave..i hope hes a psychiatrist
short trump and go long the deepstate
  • #804,082
  • Jan 21, 2024 11:43am Jan 21, 2024 11:43am
Is Bitcoin in trouble? long wicked weekly normally means one thing, take a look at history. Monthly to confirm?
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #804,083
  • Jan 21, 2024 11:46am Jan 21, 2024 11:46am
Quoting Zebi
{quote} youre still refusing to answer and update that short in october? im gona ask you about that short everytime our paths cross you must have some serious mental issues if you cant say you closed it for a loss or are averaging up you may need to consult with drdave..i hope hes a psychiatrist
I don't play pretend entries like you, I'm not selling anything.
The truth is trade management can't be covered without serious effort and every individual circumstance needs to be considered.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #804,084
  • Jan 21, 2024 12:31pm Jan 21, 2024 12:31pm
Many started trading cus they want to make quick million dollar
till date they still can’t figure out road to half a million


i was 1 of them.


I gave up on 1 million dream and start from 1$

treat trading like you day Job or side hustle
MY OPINION NOT FINANCIAL ADVISE
  • #804,085
  • Jan 21, 2024 12:33pm Jan 21, 2024 12:33pm
Quoting Oylux
{quote} what is this . Imagine shey na bp new week ?
There's a direct correlation between one's BP reading/Pulse Rate on one hand, and total lot size of live trades on the other hand. Total lot size relative to size of account balance. Poor money management is bad for your cardiovascular health! ... For that matter, your Psychological health... Endocrine health... it cuts across many aspets of one's total well-being, really.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: 165.2%
  • #804,086
  • Jan 21, 2024 12:48pm Jan 21, 2024 12:48pm
Quoting Zebi
{quote} youre still refusing to answer and update that short in october? im gona ask you about that short everytime our paths cross you must have some serious mental issues if you cant say you closed it for a loss or are averaging up you may need to consult with drdave..i hope hes a psychiatrist
Zebi,
From an outsider poiint of view. By looking at your argument with Bones, I realize how rediculous my arguments have been wirh some traders here.
Chillax Bud. What looks good to you may look ridiculous to others. Learning curve.
Cheers.
Trade to trade another day
  • #804,087
  • Edited 1:20pm Jan 21, 2024 1:09pm | Edited 1:20pm
Quoting Wavegarrick
{quote} Zebi, From an outsider poiint of view. By looking at your argument with Bones, I realize how rediculous my arguments have been wirh some traders here. Chillax Bud. What looks good to you may look ridiculous to others. Learning curve. Cheers.

but its fun..when he pops up once a month to tell lies i get a free pass to insult him while setting the record straight
short trump and go long the deepstate
  • #804,088
  • Jan 21, 2024 1:38pm Jan 21, 2024 1:38pm
Quoting Zebi
so im bearish GU cause i got a sell signal on my system on yesterdays daily...weekly has 3 inside candles and quarterly is still on a sell signal even 6month charts is bearish id have to be a retard like so many people on FF to turn boolish right now and like i always say if one gets confused with the GBP chart switch to the dollar chart and thats bottomed and ready to go up...maybe youll be able to see that better on USD chart...i love it cause its my badass mf'er {image}
so i turned bearish GU when i posted this chart above on dec 29th ...i really got bearish when the saudis announced they joined brics and got pissed on by the dollar LOL on jan 2nd

Quoting Zebi
{quote} the petrodollar is pissin all over saudis announcement they joined brics LOL i was sayin all last week the dollar bottomed ....what i and most people didnt know was because saudi news that came out today charts know everything just learn to read em i give that murderous fatass sheik MBS till next christmas before he gets regime changed dollar futures shud get back to 106 close the gap fer sure this week {image}
then on january 9th i posted that dollar chart below with the shaded gap...and heres the update

stay with me gentlemen i got more to say
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short trump and go long the deepstate
  • #804,089
  • Jan 21, 2024 1:43pm Jan 21, 2024 1:43pm
Quoting Ehminiz
Another week to go again {image}
Lol)))What's the working pressure? Maybe it works on pulse, huh?)
  • #804,090
  • Edited 2:15pm Jan 21, 2024 1:50pm | Edited 2:15pm
so now im gona go out in time to weekly chart


on the weekly dollar chart you can see price above that shaded gap area which correspondes to that big red candles midpoint and whats worse for GU bools is it weekly closed over that ...so the gap and midpoint were the same thing LOL...how cool is that
youngsters will know that as FVG

so dollar price shud still go up to test the highs of that red candle at 104since it closed over the midpoint and prolly touch the upper blue line next month like i been sayin for weeks


stay with me theres one more post
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short trump and go long the deepstate
  • #804,091
  • Edited 2:16pm Jan 21, 2024 1:56pm | Edited 2:16pm
Quoting kenny4real
{quote} 80%
No shit? So, at 80% payout of the profit, trading a $10k account, if you make an average of +0.5% ROI per day (+3.55% per week or +15.56% per month), which is super easy if you're an experienced trader, your payout will be $40 for the first day, $284 for the first week, and $1,245 for the first month.
That's insanely good. If that's true, I would definitely want to try it. Please inbox me with your account balance at your first payday and your first payout amount. I need to see this.
You cannot fail if you never give up.
  • #804,092
  • Edited 2:30pm Jan 21, 2024 2:15pm | Edited 2:30pm
heres a monthly dollar chart...i added another FVG so the youngsters will unnerstand


is there anyone with a sane mind that still thinks the dollar will breakdown thru that 13 month support range ?

it might happen but would have to be a catastrophic usa event for the dollar to drop thru that support this year so why be vboolish GU except intraday trading

i like disappointing dollar haters so to me price will go back to 115 in the next democratic administration...remember the other chart i posted of dollar reaction to dem and repug presidents

so gentlemen...dont listen to dipshits...me included...just do some analysis with whatever method you use on hier timeframes for yourselves and youll be able to predict what price does its not hard ..people that say it is are dumb cause they dont lift their noses out of the 5 min charts


imagine if this monthly chart is a 5min. one ....what would all you scalpers be doing...buying the dollar or selling it?

remember its a monthly chart so may take weeks still to go up so keep that in mind cause scalpers want to know immediately if theyre right but it doesnt work like that on weekly and monthly charts so why be boolish GU when dollar is primed to kick the teeth out of the pound

so dont become a loser like these old farts on here stuck in their hamster wheel running nowhere
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short trump and go long the deepstate
  • #804,093
  • Jan 21, 2024 2:52pm Jan 21, 2024 2:52pm
Quoting Zebi
heres a monthly dollar chart...i added another FVG so the youngsters will unnerstand is there anyone with a sane mind that still thinks the dollar will breakdown thru that 13 month support range ? it might happen but would have to be a catastrophic usa event for the dollar to drop thru that support this year so why be vboolish GU except intraday trading i like disappointing dollar haters so to me price will go back to 115 in the next democratic administration...remember the other chart i posted of dollar reaction to dem and repug presidents ...
that’s true, important support indeed.
don’t forget that gbp is not really affecting much the usdx which is mostly affected by eur.
indeed eur gbp looks really in overall downtrend,
we are closed to a support on it (eur gbp i mean) seen on daily approx 60/70 pips lower . Once price will meet support, then we might see a bearish pressure on cable. (Or a bullish pressure on eur. lol)

I mean, ok the usdx tells a story, but the whole is more complex imo. And gbp sometimes pairs the usd… sometimes they simply go strong or weak together.

what I personally consider as strange is last week’s moves on cable. It went down just few pips on bad data, and came back up at day open. When this happens, I suspect that whatever the reason, whatever the techs say, we more likely will se an higher price soon. Then, after that, when an uptrend shows up… it will get back down.

saw this happening already in the past.
90% of traders use TA, indicators and prediction
  • #804,094
  • Edited 3:07pm Jan 21, 2024 2:56pm | Edited 3:07pm
Quoting 7154Superman
{quote} In fact, from my perspective, EUR/USD and GBP/USD price action looks like it's set to go up like 30 - 40 more pips first today before dropping
EUR/USD and GBPUSD price didn't continue up quite as high as expected on Friday, but still ended with a higher high.
Now, for the start of this week, I can still see a fair probability for price to try one more time to make a higher high before dropping through last week's low.
However, I do not feel comfortable opening long positions anymore, so I will open an EUR/USD short position upon market open, add more shorts if price goes higher, then hold for a 100+ pip drop to approximately 1.08 or lower for EUR/USD.
I set 4 limit short orders on EUR/USD 1.0895, 1.0905, 1.0915, and 1.0925 with TP at 1.08. No SL because I operate with an average up/down + hedging system.
Currently, on Xe.com, about an hour before open, EUR/USD is hanging around 1.0889 (8 pips gap down), and GBP/USD at 1.26897 (14 pips gap down).
So, we'll see what happens.
Best of luck in the new trading week, y'all.
You cannot fail if you never give up.
  • #804,095
  • Jan 21, 2024 2:58pm Jan 21, 2024 2:58pm
NFL footballs starting...theres 2 games today so ill be gona for 6-7 hours LOL
short trump and go long the deepstate
  • #804,096
  • Jan 21, 2024 3:03pm Jan 21, 2024 3:03pm
eur gbp

weekly
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daily

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are we at support? Looks to me there’s still room downward.
last week the .86 rejected down, so until price will not get back bullish over it, more down to come.

if confirmed, will not be simple short the cable on eur gbp downtrend.
just my view
90% of traders use TA, indicators and prediction
  • #804,097
  • Jan 21, 2024 3:15pm Jan 21, 2024 3:15pm
Looking for 12660 for a long position…
but will see after the noisy first few hours
Insane in the Brain..
  • #804,098
  • Jan 21, 2024 3:36pm Jan 21, 2024 3:36pm
GBPUSD price action on the H4 time frame is making a retest of the 61.8 Fib retracement of a long-term bearish swing. Recent technical patterns favour southward market engineering to an area of value, such as an intra-day market imbalance, but we cannot discount a brief northward move first.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #804,099
  • Jan 21, 2024 4:11pm Jan 21, 2024 4:11pm
Quoting Zebi
{quote} superman.. todays the iowa republican caucuses so we'll see if my contention that the dollar will pick the next presidential winner holds any water...lets see where the dollar goes later today if trump wins over the other candidates this is got me so excited
"On the heels of the Iowa caucuses where former President Donald Trump cemented a landslide victory."
This is for you, Zebi.
I didn't see you coming back and confessing you were wrong, and I forgot to check. Just saw the above quote in a news article, and it reminded me of our previous conversation about Trump.
At this point, I can't see it having any direct effect on EUR/USD price action yet.
You cannot fail if you never give up.
  • #804,100
  • Jan 21, 2024 5:07pm Jan 21, 2024 5:07pm
Quoting voeltoez
monday is retrace day...gap down to 2670 at asia morning would be nice
low 2675 lol
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