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Cable Update (GBPUSD)

  • #815,501
  • Mar 12, 2024 5:48am Mar 12, 2024 5:48am
Lil bro(?) has students? Never posting live trades but teaching people i guess Yet another undercover commercial member maybe? hmmm something is fishy here...
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  • #815,502
  • Mar 12, 2024 5:51am Mar 12, 2024 5:51am
Quoting Nordling
Lil bro(?) has students? Never posting live trades but teaching people i guess Yet another undercover commercial member maybe? hmmm something is fishy here...
commercial as hell
People don't plan to lose. They lose because they don't plan.
  • #815,503
  • Mar 12, 2024 5:56am Mar 12, 2024 5:56am
Quoting ScalaFX
{quote} commercial as hell
if it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck Considering he(?) also got a red flag the easy way by subscribing 567567 members baiting them to follow back Fishy...
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  • #815,504
  • Mar 12, 2024 5:59am Mar 12, 2024 5:59am
Quoting Nordling
{quote} if it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck
unless it’s a swan??
Insane in the Brain..
  • #815,505
  • Mar 12, 2024 6:00am Mar 12, 2024 6:00am
Quoting Pat Chiko
{quote} GOLD Update scalping position {image} Gold decline after ni9e consecutive trading days of gains, remains within a consolidative phase near the $2,175 mark. This correction comes subsequent to its recent peak at $2,195, which was prompted by a temporary pause in the downtrend of the US Dollar, coupled with stability in US Treasury bond yields. Looking forward for next catalyst for the gold market is the upcoming release of the US Consumer Price Index (CPI) data . The US Dollah is presently undergoing a period of consolidation to the downside...
Pat I see the US government refusing to waste more money on the Ukraine conflict as the best reason for US$ strength. Maybe there is some common sense in the US after all. If they do spend more (loans, military aid, etc.) it simply hurts the US economy these days.
https://www.nbcnews.com/politics/con...aid-rcna142562
  • #815,506
  • Edited 6:26am Mar 12, 2024 6:02am | Edited 6:26am
Quoting Nordling
{quote} if it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck
Oh come on.
If it looks like a duck, swims like a duck and quacks life a duck then it absolutely has to be a frog!
  • #815,507
  • Mar 12, 2024 6:02am Mar 12, 2024 6:02am
Quoting BeeTogether
{quote} unless it’s a swan??
Hmm... time will tell. Maybe a black swan?
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  • #815,508
  • Mar 12, 2024 6:02am Mar 12, 2024 6:02am
Quoting dantpm
{quote} Oh come on. If it looks like a duck, swims like a duck and quacks life a duck then it absolutely has to be a frog (in disguise)!
Hahaha
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  • #815,509
  • Mar 12, 2024 6:08am Mar 12, 2024 6:08am
don't you dare turn to green
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 16 KB
yes yes yes
  • #815,510
  • Mar 12, 2024 6:10am Mar 12, 2024 6:10am
Quoting Moty
don't you dare turn to green {image}
  • #815,511
  • Mar 12, 2024 6:14am Mar 12, 2024 6:14am
Quoting Pat Chiko
{quote} Lol............... that's is old skool. I prefer " Visionary " But, seriuosly...knowledge isn't solely about quantity: (guru, Master, teacher, mentor... et cetera.) It is depth of understanding, critical thinking skills, and the ability to apply knowledge effectively are crucial aspects. But the true mastery transcends mere knowledge accumulation. (start with reading).... Ultimately, the pursuit of knowledge is a continuous journey, and striving for deeper understanding and impactful contributions is a hallmark of those exceeding the...
No doubt you are a guru PAT Just stay put and keep on churning out more knowledge so that others can learn from you.
WARNING: This post warps space and time in its vicinity.
  • #815,512
  • Mar 12, 2024 6:15am Mar 12, 2024 6:15am
I still maintain we going to 1.27
  • #815,513
  • Mar 12, 2024 6:15am Mar 12, 2024 6:15am

"Happy iftar WIB (Western Indonesian Time)" #Ramadan Mubarak

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 30 KB
https://breakpullback.com
  • #815,514
  • Mar 12, 2024 6:19am Mar 12, 2024 6:19am
Quoting Pat Chiko
{quote} GU Update on scalping position prior to high impact news in a bit. {image} On Monday, GU marking its first daily decline this month. This trend continued into today, with GBP trading below 1.28. This shift is attributed to two factors: (this is fundamental - unless you dont use one , better to skip) Global Risk Aversion: A cautious sentiment in the market (increased risk aversion) made investors favor the stability of the USD. UK Economic Data: The latest data from the UK, including a slight rise in unemployment and a dip in wage growth,...
Your basically a breathing ATM machine at this point the accuracy is quite something. Good stuff.
  • #815,515
  • Mar 12, 2024 6:21am Mar 12, 2024 6:21am
Quoting Ferna
{quote} If you swallow some of that attitude i am willing to take you on as my student.
why don’t you take me as your student
  • #815,516
  • Mar 12, 2024 6:25am Mar 12, 2024 6:25am
Quoting Ferna
{quote} Happy ramadan Eyefeelsix!
Hi Ferna, thank you!

Tolerance is the best thing, being able to respect each other, I hope you and fam always healthy
https://breakpullback.com
  • #815,517
  • Mar 12, 2024 6:31am Mar 12, 2024 6:31am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB
go goldi
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 16 KB
yes yes yes
  • #815,518
  • Mar 12, 2024 6:35am Mar 12, 2024 6:35am
US$ weakness? FF has a 2 pm EST release of the Federal Budget Balance
Forecast -298.5B
Previous -21.9B
  • #815,519
  • Mar 12, 2024 6:49am Mar 12, 2024 6:49am
Quoting dantpm
US$ weakness? FF has a 2 pm EST release of the Federal Budget Balance Forecast -298.5B Previous -21.9B
Careful, dont get lost with this minor news.
CPI is the drama queen of the day, all eyes will be on her.
Anything else becomes 2nd tier news
More time in the market, does not mean you trade better!
  • #815,520
  • Mar 12, 2024 7:03am Mar 12, 2024 7:03am
In this CPI report, i will be watching Shelter, Food, Energy, Cars, Apparel price changes. These numbers tend to be the main drivers of the market. Headline CPI will trigger a move just for a day or two. Like it happened on 13 February:

Inflationary headline number (good for usd):

Attached Image (click to enlarge)
Click to Enlarge Name: cpi cal.png Size: 2 KB


Deflationary CPI report (bad for usd):

Attached Image (click to enlarge)
Click to Enlarge Name: inf report.png Size: 38 KB


We can see the bullish swing on GU D1 tf until the GDP data:

Attached Image (click to enlarge)
Click to Enlarge Name: gu 13th feb.png Size: 30 KB
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