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Cable Update (GBPUSD)

  • #809,301
  • Feb 14, 2024 1:34am Feb 14, 2024 1:34am
GJ 188.9 and 188.0 support for a move towards +190.

Selling JPY seems to be the best option in a short term after retracement is done.
  • #809,302
  • Feb 14, 2024 1:36am Feb 14, 2024 1:36am
Quoting birdland
{quote} a good trader does not make predictions. thanks for your outing;-)
a good trader looks at weekly,monthly and quarterly charts so predictions are no big deal cause thats how hedge funds and pension funds trade
short trump and go long the deepstate
  • #809,303
  • Feb 14, 2024 1:38am Feb 14, 2024 1:38am
Quoting birdland
{quote} a good trader does not make predictions. thanks for your outing;-)
i predict GU gona be lower by the end of february cause i looked at the weekly and monthly charts
short trump and go long the deepstate
  • #809,304
  • Feb 14, 2024 1:39am Feb 14, 2024 1:39am
Who caught this
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Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #809,305
  • Feb 14, 2024 1:41am Feb 14, 2024 1:41am
Quoting Zebi
{quote} make a prediction headland stop hedging and bobbing and weaving...will GU be hier or lower by the end of the month?
Hi, oh dear, you demonstrate your ignorance once again. Prediction is not necessary, although for some it serves as a pissing or dick-measuring contest. I don't even know what the next tick in price will be for an absolute certainty, let alone where price will be @ month end, and nor do you, or anyone else. Personally, I am very comfortable with that, (my ego is not involved,) because I don't need to know what will happen next to make money. I just play my technical (non-predictive) edge, when it presents itself in the optimum PA situation for the particular type of repeating set-up. It's all probabilities, and the market does what the market does, and over the typical sample I should, if I follow the risk and trade management rules, come out ahead.
Trader with an Edge.
  • #809,306
  • Feb 14, 2024 1:42am Feb 14, 2024 1:42am
LTF selling, but from my view I have a feeling we'll go up further and break Asia's high.
Exhausted
  • #809,307
  • Feb 14, 2024 1:43am Feb 14, 2024 1:43am
Quoting Whatevs
GJ 188.9 and 188.0 support for a move towards +190. Selling JPY seems to be the best option in a short term after retracement is done.
has to go way deeper to break 190+ 186 183 to collect enough liquidity to make such a push nobody messing currently with the gbp probably for the rest of the week probably bearish bouncing between supports and resistance down to 186 183 then a strong push to 190 my understanding that is i maybe wrong
  • #809,308
  • Feb 14, 2024 1:43am Feb 14, 2024 1:43am
Quoting Zebi
{quote} i predict GU gona be lower by the end of february cause i looked at the weekly and monthly charts
1.21-1.22 will be the key support in the future which will decide if pair is going to +1.30 or down near the lows again.
  • #809,309
  • Feb 14, 2024 1:43am Feb 14, 2024 1:43am
partial close and cash out
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dont teach me how to buy. im sellers!!
  • #809,310
  • Feb 14, 2024 1:46am Feb 14, 2024 1:46am
Quoting Headland
{quote} Hi, oh dear, you demonstrate your ignorance once again. Prediction is not necessary, although for some it serves as a pissing or dick-measuring contest. I don't even know what the next tick in price will be for an absolute certainty, let alone where price will be @ month end, and nor do you, or anyone else. Personally, I am very comfortable with that, (my ego is not involved,) because I don't need to know what will happen next to make money. I just play my technical (non-predictive) edge, when it presents itself in the optimum PA situation...

LOL

OK

an edge is something nobody else has like inside information...so stop kidding yourself
good luck to you...we'll prolly never agree since we trade differently
short trump and go long the deepstate
  • #809,311
  • Feb 14, 2024 1:46am Feb 14, 2024 1:46am
Quoting Zebi
{quote} i predict GU gona be lower by the end of february cause i looked at the weekly and monthly charts
I'm went ahead and looked at weekly and monthly but my chart says otherwise.
Exhausted
  • #809,312
  • Feb 14, 2024 1:48am Feb 14, 2024 1:48am
Quoting TraderFX.Id
partial close and cash out {image}
wanna be like you when I grow up
  • #809,313
  • Feb 14, 2024 1:48am Feb 14, 2024 1:48am
Quoting Elysion
{quote} I'm went ahead and looked at weekly and monthly but my chart says otherwise.

cool...what do you think?
short trump and go long the deepstate
  • #809,314
  • Feb 14, 2024 1:49am Feb 14, 2024 1:49am
Quoting Godspromise
{quote} has to go way deeper to break 190+ 186 183 to collect enough liquidity to make such a push nobody messing currently with the gbp probably for the rest of the week probably bearish bouncing between supports and resistance down to 186 183 then a strong push to 190 my understanding that is i maybe wrong
186 is very possible, yeah. Enough to convince people they caught "the high" on GJ just to see their dream getting crushed again when price flies through 190 again.

186 makes sense. We'll probably visit 2015 highs, around 195 and that could be a potential high for this whole cycle and then down.
  • #809,315
  • Feb 14, 2024 1:49am Feb 14, 2024 1:49am
Going to wait until first 15 mins of London open before closing some trade if the bleeding continue strongly will hold all trades while pushing stoplossess to secure profits I believe today will be a good day to hold unto trades but protect profits
  • #809,316
  • Feb 14, 2024 1:50am Feb 14, 2024 1:50am
I am holding for 1.2500 ish level
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Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #809,317
  • Feb 14, 2024 1:50am Feb 14, 2024 1:50am
Quoting Zebi
{quote} cool...what do you think?
breaking Jan high to 1.3 instead.
Exhausted
  • #809,318
  • Feb 14, 2024 1:52am Feb 14, 2024 1:52am
Quoting Zebi
{quote} LOL OK an edge is something nobody else has like inside information...so stop kidding yourself good luck to you...we'll prolly never agree since we trade differently
Lol. I am not kidding myself, I trade an edge, although I suspect most - like you seem to, don't even know what one is, let alone what you need to know about one to even begin to trade it profitably.

A Trading Edge is a repeating circumstance or set of circumstances (ie a 'set-up' or combination of 'set-ups,' comprised of whatsoever variables) that suggest a greater probability of one thing happening over another, based on historical precedent over a large representative sample size to that point in time. Additionally and/or alternatively; if the edge does not suggest a greater probability of one thing happening over another, then based on that sample, it suggests that more gain is available when it succeeds, then when it fails, sufficient to realise a net gain over any given future sample.

Good Luck to you too.
Trader with an Edge.
  • #809,319
  • Feb 14, 2024 1:53am Feb 14, 2024 1:53am
1.259 if we're lucky, then short.
  • #809,320
  • Feb 14, 2024 1:54am Feb 14, 2024 1:54am
took long eu
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yes yes yes
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