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Cable Update (GBPUSD)

  • #814,921
  • Mar 8, 2024 3:03am Mar 8, 2024 3:03am
Do you folks have a wick to the downside on D1 candle (GBP/USD)? I don't and you what that usually means, that's why I'm asking.
  • #814,922
  • Mar 8, 2024 3:06am Mar 8, 2024 3:06am
Quoting Whatevs
{quote} You know these assholes always lie... They're either incompetent or they lie... perhaps both.
they were right, why lie?
  • #814,923
  • Mar 8, 2024 3:09am Mar 8, 2024 3:09am
Quoting Nordling
{quote} We are not worthy of mmo1991's attention. We definitely failed in life...

Probably read all the posts from the weekend and Monday and said WTF.....
Don't Leave Money on the Table
  • #814,924
  • Mar 8, 2024 3:10am Mar 8, 2024 3:10am
Quoting Whale
{quote} they were right, why lie?
Yes, they were right, but saying price will reach 2175 in the next 12 months isn't that useful when price is already close to 2100$ and 12 months IS A LOOOONG TIME. Any of us could have said that and get it right... whatever.

Did you notice how CNBC and other media whores always come out with an article few minutes before some major news are released like CPI or NFP? They're creating confusion intentionally...

Forget it... doesn't really matter for trading.

They were right!
  • #814,925
  • Mar 8, 2024 3:11am Mar 8, 2024 3:11am
Sold 1.2823
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #814,926
  • Mar 8, 2024 3:18am Mar 8, 2024 3:18am
Quoting HaLBot
{quote} Probably read all the posts from the weekend and Monday and said WTF.....
now i can't blame him for that
You have to have an IQ higher than 90 to interact with this user.
  • #814,927
  • Mar 8, 2024 3:19am Mar 8, 2024 3:19am
Buy the dollah, retracement time.
As for NFP unsure yet.
Exhausted
  • #814,928
  • Mar 8, 2024 3:24am Mar 8, 2024 3:24am
I noticed some posts about gold which is not in my screened instruments.
i remember I was scalping long near 2000.
opened the chart and I see this
Attached Image (click to enlarge)
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I wonder…. Is there any single reason to look for a short on a commodity printing a new high so meaning the whole market is buying no matter what happens around?
I mean, ok can be some indicator overbought.

what I personally see is “fucking hell I missed a great giant move over there” I am really dumb.
but now, at this moment, looking for a short can be an idea, but jumping into a short can be a massacre since price could keep rising for weeks like we saw in us30.
90% of traders use TA, indicators and prediction
  • #814,929
  • Mar 8, 2024 3:26am Mar 8, 2024 3:26am
Quoting Whatevs
EUR/USD short @ 1.0938, TP 1.092, SL 1.0956 GBP/USD reacted at support (1.28).
Lowered the SL to 1.0945.
  • #814,930
  • Mar 8, 2024 3:31am Mar 8, 2024 3:31am
Quoting _BBKing_
but jumping into a short can be a massacre since price could keep rising for weeks like we saw in us30.
Yep Moty found out the hard way going against the rising precious metal, I tried a short but bailed very quickly for 6 dollar profit LOL
Okay to look for shorts but what if NFP doesn't give the outcome bears are seeking?
Don't Leave Money on the Table
  • #814,931
  • Mar 8, 2024 3:52am Mar 8, 2024 3:52am
Quoting Elysion
Buy the dollah, retracement time. As for NFP unsure yet.
maybe.. however the data later can take it down further. I’m sceptical about NFP today
Insane in the Brain..
  • #814,932
  • Mar 8, 2024 3:53am Mar 8, 2024 3:53am
Quoting HaLBot
{quote} Yep Moty found out the hard way going against the rising precious metal, I tried a short but bailed very quickly for 6 dollar profit LOL Okay to look for shorts but what if NFP doesn't give the outcome bears are seeking?
looks to me the perfect scenario where usd will keep been sold.
could be wrong of course.
but market is already selling heavy the usd considering the recent fed outcomes about inflation.

todays nfp is not atm being considered as important.
the release will certainly move prices as usually but the trigger atm is something else.
its clearly on any chart…uj, gold, oil, gu….. uj lost 100pips in last hour
90% of traders use TA, indicators and prediction
  • #814,933
  • Mar 8, 2024 3:56am Mar 8, 2024 3:56am
Quoting _BBKing_
{quote} looks to me the perfect scenario where usd will keep been sold. could be wrong of course. but market is already selling heavy the usd considering the recent fed outcomes about inflation. todays nfp is not atm being considered as important. the release will certainly move prices as usually but the trigger atm is something else. its clearly on any chart…uj, gold, oil, gu….. uj lost 100pips in last hour



We as traders can become conditioned to the way the market is trading in a very short space of time days/weeks and when confronted with the new paradigm our brains find it difficult to adjust....
Don't Leave Money on the Table
  • #814,934
  • Mar 8, 2024 4:11am Mar 8, 2024 4:11am
Quoting BeeTogether
{quote} maybe.. however the data later can take it down further. I’m sceptical about NFP today
Hi Bro,

All the best for next trading during NFP in a bit.
How about wait 30 mins after the data comes out by then you will know the true move.
It is all about timing .
Good luck

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #814,935
  • Mar 8, 2024 4:12am Mar 8, 2024 4:12am
Breaks and hold 1.2826 confirmation likely try test 1.3028 areas. Anyway strong weekly resistance playing at the same time and as in probable multi weeks spike up, bull still strong so far! Lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #814,936
  • Mar 8, 2024 4:12am Mar 8, 2024 4:12am
GOLD probably won't turn till it hit 2200

Today's Support & Resistance on MT5 Template

EURO
CABLE
GOLD

https://www.forexfactory.com/thread/...5#post14786755
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #814,937
  • Mar 8, 2024 4:12am Mar 8, 2024 4:12am
Quoting OperaniyiFx
Short GU 1.2680 TP 30pips SL open
Is your trade still active? Just curious...
  • #814,938
  • Mar 8, 2024 4:19am Mar 8, 2024 4:19am
And here's cable, got past first base (200sma purple), made it to second base (61.8 fib) and now eyeing off third (the 200ema red). Will it be a home run ?? Looks that way but we'll see. Nice ma's (21 and 50 sma's) crossing over below too for a little more updraft oompfh.
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  • #814,939
  • Mar 8, 2024 4:23am Mar 8, 2024 4:23am
Quoting Moty
For 10 pips {image}
Mf !!!!
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yes yes yes
  • #814,940
  • Mar 8, 2024 4:27am Mar 8, 2024 4:27am
Quoting Yngwie
Sold 1.2823
add 1.2634. Enough is enough.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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