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Cable Update (GBPUSD)

  • #804,101
  • Jan 21, 2024 5:17pm Jan 21, 2024 5:17pm
Quoting 7154Superman
{quote} "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.

i said and showed the chart many times of the dollar rising during dem presidents and falling during repug presidents... trumps a sure winner of the repug primaries so theres no doubt he'll be the challenger for pres.

dollar went up inspite of his iowa victory and other boolish reasons not because of it

but ill say i was wrong if that makes you happy
short trump and go long the deepstate
  • #804,102
  • Jan 21, 2024 5:20pm Jan 21, 2024 5:20pm
detroit won hope they go to the superbowl...theyve been so bad for so long they need some victories lol

next game is chiefs against the bills

i hope the chiefs lose cause im tired of kelce and all that taylor swift bullshit...
short trump and go long the deepstate
  • #804,103
  • Jan 21, 2024 5:31pm Jan 21, 2024 5:31pm
January 22, 2024
GBPUSD
I am trying to catch the quick movement of small cycles based on FIBO volatility levels.
Today’s positions
Buy Stop 0.236 TP1 0.382 (BE) TP2 0.5 SL Sell Side 0.236
Sell Stop 0.236 TP1 0.382 (BE) TP2 0.5 SL Buy Side 0.236

Inserted Video
Love for all; Hatred for none.
  • #804,104
  • Jan 21, 2024 6:00pm Jan 21, 2024 6:00pm
Quoting 7154Superman
{quote} 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...
This EUR/USD drop to 1.08 could take a few days, so, no rush. We could have some more good intra-day long and short scalping opportunities yet before the drop.
You cannot fail if you never give up.
  • #804,105
  • Jan 21, 2024 6:18pm Jan 21, 2024 6:18pm
taking first short trade this week..
1.2703 sl 1.2753
will add more later
  • #804,106
  • Jan 21, 2024 6:53pm Jan 21, 2024 6:53pm
Quoting montygoldy
Another Gut feeling signal for us30 next week … fresh highs are coming .. avoid sells try to buy retracements… which i feel will be minimal once we break 37850… monthly candle ready to go green and big one …. {image}
anyone printing with us30 told ya last week its flying only ….. monthly candle turned green this week we going beyoond 38000.. even holding a trade from last week… huge swaps but what the h@@@… we going way higher
Extreme gut feeling trader
  • #804,107
  • Jan 21, 2024 7:11pm Jan 21, 2024 7:11pm
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yes yes yes
  • #804,108
  • Jan 21, 2024 7:18pm Jan 21, 2024 7:18pm
Quoting Zebi
so you see how fixated he is on me?
Adorable that the second dumbest cunt in this thread claims someone is fixated on them for calling him out on his dribble, when almost every single day this dipshit mentions me in some form or another. What a dumb chode.

Fun game, go to chode-master Zebi's profile, list his posts, then use the advanced search to look for "nubbie" or "nubcake". This illiterate kid is insane and desperate for attention.

Look how excited he gets when someone says something to him and his illiterate mania kicks in. Long-winded uneducated dribble. I've flushed things with more intellect.

tl;dr fuck off you idiot. Nobody is interested. You sound adopted.
Congratulations ScalaFX for coming out of the closet!
  • #804,109
  • Jan 21, 2024 7:42pm Jan 21, 2024 7:42pm
Quoting Pat Chiko
{quote} GU Yesterday, the GBP/USD showed its strategic skills by smartly handling tricky market moves, which could make traders a bit impatient. The GBP/USD is good at making deceptive sell-offs, as seen recently. It's important not to underestimate it, especially in the unpredictable world of currency trading where prices can change quickly. The GBP/USD has a history of making moves that might surprise traders who aren't careful. Although financial markets can be unpredictable and don't always follow a straight path, it's worth noting that the...

GU

Last Week's Recap:

Price action exhibited a bullish bias from Wednesday last week week, culminating in a late rally that breached the London high and targeted the H4 order block.
This positive momentum can be attributed to a series of strategic MSS orchestrated by multiple MMs.

Initial N3 : The first shift leveraged the Wyckoff accumulation phase, effectively purging SSL and laying the foundation for the uptrend.
Secondary N3 : The second shift involved a calculated manipulation of price, strategically dislodging stop-loss orders and liquidity pockets at key OB.
Tertiary N3 The final shift employed quantitative momentum QM, further solidifying the bullish sentiment and prompting the late rally.

This confluence of factors confirms the dominant bull control and underscores the potential for further upward movement towards the H4 OB target.
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Looking Ahead:

The coming week promises several key releases that could significantly impact GBP/USD dynamics.
Notably, Wednesday presents the UK Purchasing Managers' Index (PMI), offering a crucial gauge of domestic business activity.
On Thursday, the focus shifts across the Atlantic with the release of US Q4 Gross Domestic Product (GDP), providing insights into the health of the American economy.

Friday delivers a data trifecta with US Personal Spending, Income, and the personal consumption expenditures (PCE) deflator, shedding light on consumer behaviour and inflation pressures.

It's worth noting that the Federal Open Market Committee (FOMC) enters its blackout period this week, meaning Fed officials will refrain from public comments that could influence market expectations.
This, coupled with the proximity of the FOMC meeting scheduled for January 30-31, is likely to inject a dose of caution into market behaviour.

A significant pre-meeting rally could attract the infamous "Powell Put," a potential dampener in the form of hawkish rhetoric from Fed Chair Jerome Powell.

Therefore, traders can expect a week of heightened volatility as economic data and central bank silence interact.
Navigating this dynamic landscape will require careful consideration of the interplay between economic fundamentals and potential policy shifts.

Trade safe and trade well .
Best Wishes
Pat CHIKO
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,110
  • Jan 21, 2024 7:43pm Jan 21, 2024 7:43pm
"BIG PICTURE" SPECULATION: I'm bearish on USD over next 3 to 9 months, (see USD Index chart) , therefore...bulllish on GBP/USD -- USD consolidated in the first half of 2023, shot up to 13,200. then dropped back into the range. -- could go down to 11,800 and still be in long term up trend. --- also,... you guys might want to take a look-see at any of Brent Johnson's videos xplaining his "Milkshake" theory on USD.

--- talk of the U.S. Federal Reserve resuming interest rate decreases in 2024 causing USD to 'cool off' a bit before next big push up

Sterling could rise as high as 1.3500 and still remain in long term downtrend.

In the very short term, GBP/USD has to break through the bearish ORDER BLOCK (majenta colored box) at 1.2720 on my attached 15 min. chart. to possibly tap buy-side liquidity up above ( 1.2785 - 1.2827 range )
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  • #804,111
  • Jan 21, 2024 7:49pm Jan 21, 2024 7:49pm
Quoting nubcake
{quote} Adorable that the second dumbest cunt in this thread claims someone is fixated on them for calling him out on his dribble, when almost every single day this dipshit mentions me in some form or another. What a dumb chode. Fun game, go to chode-master Zebi's profile, list his posts, then use the advanced search to look for "nubbie" or "nubcake". This illiterate kid is insane and desperate for attention. Look how excited he gets when someone says something to him and his illiterate mania kicks in. Long-winded...
Geez nubcake.
something everyone knows that we shouldn't discuss openly.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,112
  • Jan 21, 2024 7:51pm Jan 21, 2024 7:51pm
Heard somebody was crying over this thread over the weekends.

WTH, troll play victim ?........... Drama Queen.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,113
  • Jan 21, 2024 8:10pm Jan 21, 2024 8:10pm
Gold long!
Smooth setup
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My telegram: https://t.me/avidforex
  • #804,114
  • Jan 21, 2024 8:24pm Jan 21, 2024 8:24pm
Quoting BigNumbers
Gold long! Smooth setup {image}
i took short sl 2036
  • #804,115
  • Edited 8:51pm Jan 21, 2024 8:40pm | Edited 8:51pm
Nothing great bull works, waiting breakout for 2700, 2680. Get over 2720, is a good level to short try blindly , better 2759 though. .take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #804,116
  • Jan 21, 2024 8:41pm Jan 21, 2024 8:41pm
Quoting nubcake
{quote} Adorable that the second dumbest cunt in this thread claims someone is fixated on them for calling him out on his dribble, when almost every single day this dipshit mentions me in some form or another. What a dumb chode. Fun game, go to chode-master Zebi's profile, list his posts, then use the advanced search to look for "nubbie" or "nubcake". This illiterate kid is insane and desperate for attention. Look how excited he gets when someone says something to him and his illiterate mania kicks in. Long-winded uneducated dribble. I've flushed...

was another great football game

happy sunday numbcrack
short trump and go long the deepstate
  • #804,117
  • Jan 21, 2024 8:59pm Jan 21, 2024 8:59pm
Quoting Pat Chiko
Heard somebody was crying over this thread over the weekends. WTH, troll play victim ?........... Drama Queen.

oh...i see i upset patrick the resident iriahman
short trump and go long the deepstate
  • #804,118
  • Jan 21, 2024 9:27pm Jan 21, 2024 9:27pm
Quoting Pat Chiko
{quote} Geez nubcake. something everyone knows that we shouldn't discuss openly. {image}
My bad. It's going to be a quiet week so expect a lot of horseshit being posted.
Congratulations ScalaFX for coming out of the closet!
  • #804,119
  • Jan 21, 2024 9:55pm Jan 21, 2024 9:55pm
Quoting voeltoez
{quote} i took short sl 2036
done partial close..still have 3 shorts
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  • #804,120
  • Jan 21, 2024 11:10pm Jan 21, 2024 11:10pm
What has happened to this thread?
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