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Cable Update (GBPUSD)

  • #813,581
  • Mar 4, 2024 8:22am Mar 4, 2024 8:22am
EU Swing am in, hopefully get downside target tomorrow b4 going back up. Dont follow me unless you have done ur own due diligence on this, I do get fucked up at times
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  • #813,582
  • Mar 4, 2024 8:23am Mar 4, 2024 8:23am
This is one of those traders expecting price to change directions so the market obliges by pushing it more in the direction that it was traveling!
Gold, GU, EU...
  • #813,583
  • Mar 4, 2024 8:23am Mar 4, 2024 8:23am
Quoting Pat Chiko
{quote} GU Update scalping position and look forward for this week event that mat/maynot move GBP/USD. (I hope Joe will be able to read the script properly this time...)

GU

As a newbie, this is my view. (90% failed)
Update scalping position.
Revision with Option A and B.
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The US Dollah has been going down for two weeks in a row and is expected to continue weakening.

The reasons:
Technical factors: The USD reached a high point in mid-February and seems to be running out of steam.
Economic factors: There are signs that the US economy is slowing down, with Joe clueless on what's happening.
Seasonal trends: The USD typically weakens in the second and third quarters of the year.
Overall, it seems like the USD is unlikely to get much stronger in the near future and may even continue to lose value.
Dont steal people land and home
(time to bring out the printer.)
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If you in the game long enough, you understand fundamentals rule the game, either adjust or get burnt
Nothing recorded here is in anyway a financial advice, just my newbie view.
- This is my technical analysis for this pair.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #813,584
  • Mar 4, 2024 8:28am Mar 4, 2024 8:28am
You shell not pass 1.26811
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yes yes yes
  • #813,585
  • Mar 4, 2024 8:30am Mar 4, 2024 8:30am
Quoting Moty
You shell not pass 1.26811 {image}
Your MACD 31,144,9 isn't telling you that!
  • #813,586
  • Mar 4, 2024 8:31am Mar 4, 2024 8:31am
Quoting Ferna
{quote} ’Regulars’ here? Would that be your 2020+ crew? that post memes like a russian Troll Factory? This is Forex Factory - not Russian Troll Factory, you typed the wrong address! You guys engage in every disruptive behavior taught at such an troll factory. i consider ’regulars’ to be senior members like Fontu, Bones, Wavegarrick, Moty etc. Who atleast have some consistency, decency and transparency in the way they trade. It’s pretty darn logical, that if you chase away the regulars from here, you yourself are the new ’regulars’ since the people...
I don't know what Russia has to do with this. You are changing the convo again since you couldn't find an answer to what i wrote to you.

Look Ferna, it's not our fault that your friends are bullying people and they get bullied back for it. Respect goes both ways, disrespect too.

Have a good day. Happy trading. I don't want to see more quotes related to this topic. Let's get back to trading
You have to have an IQ higher than 90 to interact with this user.
  • #813,587
  • Mar 4, 2024 8:32am Mar 4, 2024 8:32am
NJOY LIFE NATURAL GIFT

Go outside, smell some plants, touch some grass, and relax your tension.
This will help ease your decision-making when trading. Relax and enjoy life.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #813,588
  • Mar 4, 2024 8:32am Mar 4, 2024 8:32am
Short the fuq outta NASDAQ,
Funny enough DJI has made it's move downwards but NDX is stuck until 3 minutes ago.

Strong moves from DowJones, damn.
Exhausted
  • #813,589
  • Mar 4, 2024 8:33am Mar 4, 2024 8:33am
What an excellent rally by gold.. no fake out no retrace
  • #813,590
  • Mar 4, 2024 8:34am Mar 4, 2024 8:34am
Quoting Nordling
{quote} Scala let's not give these trolls what they want. Let's keep our calm and report them when they deserve it. Sooner or later, admins will come here and see their toxic behaviour. Like it happened with Fx34, Pipa, Suthmo and many others. It would be sad if a talented trader and a big contributor like you get a punishment for talking these trolls the language they understand. ---- Dear members of GU, let's report trolls when they do their trolling. Use the suspend button when it's needed. That way we can keep the place clean.

Didn't even know there is a 'suspend' button lol
Where is it located??
Don't Leave Money on the Table
  • #813,591
  • Mar 4, 2024 8:36am Mar 4, 2024 8:36am
Quoting HaLBot
{quote} Didn't even know there is a 'suspend' button lol Where is it located??
There's a "clean-up" button next to the quote button. It will open a report menu. At the bottom of the menu, there will be an "immediate action needed" button. That cause a suspension for 24 hours.
You have to have an IQ higher than 90 to interact with this user.
  • #813,592
  • Mar 4, 2024 8:37am Mar 4, 2024 8:37am
Fundamentals is the basis of everything.
Gold has no reason to be flying high in my opinion
Teerex
  • #813,593
  • Mar 4, 2024 8:38am Mar 4, 2024 8:38am
I think GU is readying for a drop again
WARNING: This post warps space and time in its vicinity.
  • #813,594
  • Mar 4, 2024 8:39am Mar 4, 2024 8:39am
Quoting Godisawoman
Fundamentals is the basis of everything. Gold has no reason to be flying high in my opinion
no reason yes reasons.. fact talking
  • #813,595
  • Mar 4, 2024 8:39am Mar 4, 2024 8:39am
Quoting Godisawoman
Fundamentals is the basis of everything. Gold has no reason to be flying high in my opinion
I think the rally is caused by the recent growth and inflation reports. I may be wrong though. Green pips to you
You have to have an IQ higher than 90 to interact with this user.
  • #813,596
  • Mar 4, 2024 8:42am Mar 4, 2024 8:42am
Quoting Nordling
{quote} I think the rally is caused by the recent growth and inflation reports. I may be wrong though. Green pips to you
From a news perspective, the US$ is falling on expectations that the US is getting ready to print money while trying to keep interest rates down in an election year.
From a market perspective, traders anticipating a reversal and the market is simply moving against them trying to trigger stop losses.
  • #813,597
  • Mar 4, 2024 8:42am Mar 4, 2024 8:42am
Quoting Ferna
{quote} Then you shouldn’t give a pass on your buddies for what can be considered more than breach of Code of conduct. Law and regulation is on my side, and you will be very lonely if i adopt the same attitude as you have. Indeed i can be a savior too. And also i know how to make it non-personal or whatever you excuse yourself with.
Nice threats i am shivering Do as you please.
You have to have an IQ higher than 90 to interact with this user.
  • #813,598
  • Mar 4, 2024 8:43am Mar 4, 2024 8:43am
Quoting billGU
{quote} {quote} {quote} {quote} {quote} {quote} what thought provoking and insightful discourse. thanks!
  • #813,599
  • Mar 4, 2024 8:44am Mar 4, 2024 8:44am
Quoting Pat Chiko
{quote} USD Dollah Index trades is bearish, not breaking the resistance bearishly, marking a weak end to the week. Thus Long trades on EURUSD, Crude Oil, Gold & BTC played out. GOLD climbs back over $2,080.00 may spark GBP/USD to follow her next week,. With FED latest Monetary Policy Report offers valuable insights into the central bank's assessment of the current economic and inflation. Prompt possible lowering interest rates, a move closely watched by financial markets.{image} With that GU possibly follow the footstep of BTC, S&P500, DOW,...

GOLD
Dollah has been going down for two weeks in a row and is expected to keep falling.
This is partly because the economy might be slowing down and partly because it's usually weaker in the second and third quarters of the year.

In the meantime, stope stealing, gold prices just had a big upswing and might keep going up!
Gold took a huge jump higher, breaking this upper trend line.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #813,600
  • Mar 4, 2024 8:44am Mar 4, 2024 8:44am
Quoting WizardTrade
I think GU is readying for a drop again
OH, Wizard you're back.
Gimme your crystal ball.
Exhausted
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