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Cable Update (GBPUSD)

  • #814,061
  • Mar 5, 2024 7:10am Mar 5, 2024 7:10am
not far from 12750 target (I like round numbers)
Insane in the Brain..
  • #814,062
  • Mar 5, 2024 7:10am Mar 5, 2024 7:10am
Quoting Whatevs
If D1 can close above 1.2715, then I'll be looking at 1.31.
budget tomorrow Mike Hunt looking for tax cuts could send the pound down
Insane in the Brain..
  • #814,063
  • Mar 5, 2024 7:14am Mar 5, 2024 7:14am
Quoting BeeTogether
not far from 12750 target (I like round numbers)
I'm waiting for that as well.
Exhausted
  • #814,064
  • Mar 5, 2024 7:16am Mar 5, 2024 7:16am
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I raise my SL on longs at 1.27 05 now....

Patience...

  • #814,065
  • Mar 5, 2024 7:17am Mar 5, 2024 7:17am
Quoting BeeTogether
{quote} budget tomorrow Mike Hunt looking for tax cuts could send the pound down
Don't put too much thought into it, because if everyone expects Pound to drop on the news, it might not happen. Better look at your tech analysis to tell you what's going on. Then can push Pound up or down tomorrow on the news. Yes, it can drop or it could already be "priced in". They'll find the excuse, don't worry (MSM).
  • #814,066
  • Mar 5, 2024 7:19am Mar 5, 2024 7:19am
EUR/USD 1.089 resistance D1.
  • #814,067
  • Mar 5, 2024 7:24am Mar 5, 2024 7:24am
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yes yes yes
  • #814,068
  • Mar 5, 2024 7:29am Mar 5, 2024 7:29am
Quoting Moty
{image}
Any thoughts on Moty's predictions?
  • #814,069
  • Edited 7:50am Mar 5, 2024 7:30am | Edited 7:50am
heres that red line on 4H dollar chart i have drawn from the feb13th cpi low i posted earlier
the dollar trying to climb back above it...if it closes above the line by ny close ill stay bearish and hold my shorts cause the dollar will save my ass

i always say if youre confused by the GU chart follow the dollar one and i follow my own advice LOL


when things look bad have faith in the dollar LOL
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short trump and go long the deepstate
  • #814,070
  • Mar 5, 2024 7:34am Mar 5, 2024 7:34am
Quoting Pat Chiko
{quote} GU Navigating the trading world can be quite the rollercoaster, and I'll be the first to admit that sometimes I get a case of FOMO. But hey, who doesn't, right? Now, when it comes to reading charts, it's like diving into a mystery novel. You need focus, concentration, and a keen eye to decipher those patterns and candlestick movements in real time. (hind sight are useless) {image} PAT Chiko
GU

Stopped out on the first trade at N3. (Ah, those pesky FOMO trades!)

Now, I'm taking another position higher while holding onto my LONG position and attempting to scalp short for these trades.
It's a bit of a tightrope act, but I'm anticipating a substantial pullback in price before it resumes its trend again.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #814,071
  • Mar 5, 2024 7:43am Mar 5, 2024 7:43am
Quoting Pat Chiko
{quote} GU Stopped out on the first trade at N3. (Ah, those pesky FOMO trades!) Now, I'm taking another position higher while holding onto my LONG position and attempting to scalp short for these trades. It's a bit of a tightrope act, but I'm anticipating a substantial pullback in price before it resumes its trend again. {image}

i dont know whether to be happy youve turned bearish for a pullback or not since i dont like too many people agreeeing with me LOL

hope youre right
short trump and go long the deepstate
  • #814,072
  • Mar 5, 2024 7:44am Mar 5, 2024 7:44am
Quoting Pat Chiko
{quote} GU Stopped out on the first trade at N3. (Ah, those pesky FOMO trades!) Now, I'm taking another position higher while holding onto my LONG position and attempting to scalp short for these trades. It's a bit of a tightrope act, but I'm anticipating a substantial pullback in price before it resumes its trend again. {image}
Always a big risk taking these counter trend trades with such an obvious big fat juicy liquidity zone sitting just a few ticks above, completely unharvested...now that it has been harvested, perhaps a reversal short trade might be in order, providing you get a signal from the market that you like.
  • #814,073
  • Mar 5, 2024 7:54am Mar 5, 2024 7:54am
Damn, Nas100 felt like fck.
I lost a couple trying to reverse trade. fck me.
Catching a falling knife.

Was trying to get some retracement moves but it doesn't stop falling
Exhausted
  • #814,074
  • Mar 5, 2024 7:54am Mar 5, 2024 7:54am
die mf
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yes yes yes
  • #814,075
  • Mar 5, 2024 7:56am Mar 5, 2024 7:56am
Quoting BeeTogether
not far from 12750 target (I like round numbers)
BT, hopefully, the dollar index will cooperate.
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Always trade your own plan...I don't provide trading signals.
  • #814,076
  • Mar 5, 2024 8:09am Mar 5, 2024 8:09am
Quoting Nordling
{quote} I remember it. It was a good call. However, from what you said, we can say that once it's formed it's already done and opportunity is gone?
That post is a Thursday, Dr Dave said you can't read a candle before it closes. He's the guy that never had the price on his chart, but moving averages.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #814,077
  • Mar 5, 2024 8:11am Mar 5, 2024 8:11am
If you take headland, his head explodes if you say I know what next.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #814,078
  • Mar 5, 2024 8:12am Mar 5, 2024 8:12am
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yes yes yes
  • #814,079
  • Mar 5, 2024 8:17am Mar 5, 2024 8:17am
Quoting Bones
{quote} That post is a Thursday, Dr Dave said you can't read a candle before it closes. He's the guy that never had the price on his chart, but moving averages.
Woah there man, we can have this convo without offending DrDave or others I know you are a good man and you actually mean well, we can have this discussion within the borders of respect

So you are saying that we should read these formations before they happen? That's the first time i am hearing it. And it makes sense to me actually
You have to have an IQ higher than 90 to interact with this user.
  • #814,080
  • Mar 5, 2024 8:19am Mar 5, 2024 8:19am
HALBOT

if your medicine had worked that you prescribed me and helped me grow my nuts id be shorting this price action but as it is ill just sit underwater for now and not average up till after the close if i get a sell signal on 4H or daily
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short trump and go long the deepstate
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