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Cable Update (GBPUSD)

  • #814,481
  • Mar 6, 2024 10:57am Mar 6, 2024 10:57am
Quoting _BBKing_
March came finally. Hopefully we start that "thing" when every chart just....kills because people jump-in short or long because of () reasons, while prices go their way. The only advice I could come here and post for me and for everyone reading is: be careful and watch closely what price is doing and follow that direction. Last NFP came super pro-USD.
be careful and watch closely what price is doing and follow that direction.
Nice try, but way too many posters in this thread suffer from FOMO, so FOLLOWING the price direction is not an option.
To free Gazans of Hamas, use whatever it takes.
  • #814,482
  • Mar 6, 2024 11:00am Mar 6, 2024 11:00am
huge decline of dollar...looks like it wants to test the feb 22nd low...theres no technical reqason why it should fall so much on hawkish comments

i use capitalcom dollar chart cause it best mimics dollar futures cause dxy index is way off the futures all the time and i believe futures rule

heres 3 differsnt dollar charts discrepancy
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short trump and go long the deepstate
  • #814,483
  • Mar 6, 2024 11:01am Mar 6, 2024 11:01am
Quoting Pat Chiko
{quote} GU Adjusting the immediate target before the price initiates a pullback. This adjustment entails identifying the level for the price to reach, aiming to exhaust liquidity above and allow for a brief consolidation phase before resuming its upward trajectory. Please be informed that I do not accept responsibility in the event of setup failure. Nothing documented here constitutes financial advice; rather, it reflects my technical analysis for this pair.{image}

GU

Arrive target
Like clockwork.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #814,484
  • Mar 6, 2024 11:02am Mar 6, 2024 11:02am
Quoting Pat Chiko
{quote} I've identified wave 3 of 3 on my H4/Daily charts. The ABCDE pattern on the weekly chart appears to be a "running flat correction," and now, with confirmation, we anticipate a further upward movement. Let's delve into determining the depth of the next pullback and prepare to ride the northern trend.
i think you are right. Am surprised at the rate of the movement considering the last few weeks quiet and today nothing in terms of data to kick it up the ass
Insane in the Brain..
  • #814,485
  • Mar 6, 2024 11:06am Mar 6, 2024 11:06am
i placed a sl at 2780 but if i survive house of reps grilling of powell today i;ll short again ...since i have 2 small shorts and one medium im not in any pain yet but will stopped out losing 100 pips ill look to reshort hier



whoever it was said about mispellings theyre actually typos cause i stand for 15-20 minutes at a time and type that way with my big wide ass fingers LOL

try to get exercise while trading by walking around and standing instead of sitting the whole time
short trump and go long the deepstate
  • #814,486
  • Mar 6, 2024 11:07am Mar 6, 2024 11:07am
Quoting Elysion
Done exit GJ at the right time. Sleepy, kinda wanna short Gold but I don't wanna let it open overnight. Continue trade tomorrow. Night peeps. Daily engulfing AF, wonder if there'll be any wicks. {image}
Caught some gold before I sleep heh, was dozing off while shorting it
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Exhausted
  • #814,487
  • Mar 6, 2024 11:08am Mar 6, 2024 11:08am
Quoting Moty
Drop again mf !!!!!! I removed my sl Lol It was at 2145 {image}
Come on!!!! Mf !!!!
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yes yes yes
  • #814,488
  • Mar 6, 2024 11:09am Mar 6, 2024 11:09am
Quoting Moty
Drop again mf !!!!!! I removed my sl Lol It was at 2145 {image}
this post saved my butt thanks bro
  • #814,489
  • Mar 6, 2024 11:10am Mar 6, 2024 11:10am
Quoting BeeTogether
{quote} i think you are right. Am surprised at the rate of the movement considering the last few weeks quiet and today nothing in terms of data to kick it up the ass
Taking into account the current resistance level being approached by GBP/USD, there's a possibility of a pullback occurring.
However, the depth of this pullback remains uncertain at this point.
I am currently plotting potential levels on the chart, factoring in upcoming data releases including the NFP for this week and the next.

For now, I am ballparking the expected pullback level. Rough estimate where price will fallback for more liquidity refill
I will continue to refine and adjust this level on a daily basis as I gather more data, aiming to identify precise entry points for initiating long positions.

Will share those level later.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #814,490
  • Mar 6, 2024 11:12am Mar 6, 2024 11:12am
Dedicating this to you guys lmao.

Inserted Video
Exhausted
  • #814,491
  • Mar 6, 2024 11:15am Mar 6, 2024 11:15am
drawdown tolerated and sold 4x @1.2756
chaos is just unknown order
  • #814,492
  • Mar 6, 2024 11:17am Mar 6, 2024 11:17am
The bears will probably lead GU tomorrow
  • #814,493
  • Mar 6, 2024 11:18am Mar 6, 2024 11:18am
Quoting Luxyus
drawdown tolerated and sold 4x @1.2756
Dont you think this will get to 1.28 before selling?
  • #814,495
  • Mar 6, 2024 11:21am Mar 6, 2024 11:21am
Come on mister dollar
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yes yes yes
  • #814,496
  • Mar 6, 2024 11:24am Mar 6, 2024 11:24am
Quoting Wavegarrick
{quote} Yes Sir, With multiple user names, it is possible
Yes Leon very possible you and Jaybag have pulled the wool over our eyes for years....
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....don't tell us you're leaving the thread again...
  • #814,497
  • Mar 6, 2024 11:25am Mar 6, 2024 11:25am
Quoting Jackoboms
The bears will probably lead GU tomorrow
my friend i dont think so, today there r been numerous factors that suggest to me 1.27/1.2777 is a nice sell area for long term.
chaos is just unknown order
  • #814,498
  • Mar 6, 2024 11:29am Mar 6, 2024 11:29am
Quoting Pat Chiko
{quote} Taking into account the current resistance level being approached by GBP/USD, there's a possibility of a pullback occurring. However, the depth of this pullback remains uncertain at this point. I am currently plotting potential levels on the chart, factoring in upcoming data releases including the NFP for this week and the next. For now, I am ballparking the expected pullback level. Rough estimate where price will fallback for more liquidity refill I will continue to refine and adjust this level on a daily basis as I gather more data, aiming...
Pat if we look at the psychological areas then 128 could be the top end of the current move. However if the current move is at the plateau area then a drop for 20-30 points is doable a bit like last night

lets see where we go. Tomorrow could also be a bearish day (Weds and Thurs usually do a flip) however there is data and fryday is NFP which will always play havoc
Insane in the Brain..
  • #814,499
  • Mar 6, 2024 11:29am Mar 6, 2024 11:29am
Quoting Luxyus
{quote} my friend i dont think so, today there r been numerous factors that suggest to me 1.27/1.2777 is a nice sell area for long term.
So you think we will probably go down from here?
  • #814,500
  • Mar 6, 2024 11:30am Mar 6, 2024 11:30am
Quoting Waveskierrob
{quote} Yes Leon very possible you and Jaybag have pulled the wool over our eyes for years.... {image} ....don't tell us you're leaving the thread again...
Does your girl know you post her pictures online? She's quite... something.
Congratulations ScalaFX for coming out of the closet!
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