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Cable Update (GBPUSD)

  • #817,101
  • Mar 18, 2024 12:03pm Mar 18, 2024 12:03pm
Quoting TraderFX.Id
Time to rest, done for today, scalper heaven today {image}
hi,
are u trading a prop acc or personal?
  • #817,102
  • Mar 18, 2024 12:04pm Mar 18, 2024 12:04pm
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yes yes yes
  • #817,103
  • Mar 18, 2024 12:07pm Mar 18, 2024 12:07pm
Quoting Nordling
EURUSD sell added @ 1.0903 BTCUSD sell opened @ 68.310
Aged well. We still got a long way to go south tho
You have to have an IQ higher than 90 to interact with this user.
  • #817,104
  • Mar 18, 2024 12:07pm Mar 18, 2024 12:07pm
Quoting suhas316
Although GBP/JPY is bullish in trend I'm short on GBP/JPY Rejection from resistance and also below 1H and 4H OB zone {image}
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!! Radha Radha !!
  • #817,105
  • Mar 18, 2024 12:08pm Mar 18, 2024 12:08pm
jpy pairs moving,
  • #817,106
  • Mar 18, 2024 12:10pm Mar 18, 2024 12:10pm
EURUSD SHORT

Please EXIT USDJPY AND NZDUSD
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My telegram: https://t.me/avidforex
  • #817,107
  • Mar 18, 2024 12:20pm Mar 18, 2024 12:20pm
Quoting eyefeelsix
{quote} sell pound for win 4r maybe yes {image}

sl in (+) tp level updated (8R) for the next 2days max

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https://breakpullback.com
  • #817,108
  • Mar 18, 2024 12:22pm Mar 18, 2024 12:22pm
Some guys were wondering what happened to Scala's buy limit orders @ 1.2720. Priced bounced back from that level. Well done Scala

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You have to have an IQ higher than 90 to interact with this user.
  • #817,109
  • Mar 18, 2024 12:25pm Mar 18, 2024 12:25pm
Quoting Nordling
Some guys were wondering what happened to Scala's buy limit orders @ 1.2720. Priced bounced back from that level. Well done Scala {image}
People don't plan to lose. They lose because they don't plan.
  • #817,110
  • Mar 18, 2024 12:27pm Mar 18, 2024 12:27pm
Quoting Nordling
Some guys were wondering what happened to Scala's buy limit orders @ 1.2720. Priced bounced back from that level. Well done Scala {image}
I truly want to price execute all my limits and then bounce some for qiuck scalp
People don't plan to lose. They lose because they don't plan.
  • #817,111
  • Mar 18, 2024 12:36pm Mar 18, 2024 12:36pm
Quoting TraderFX.Id
{quote} Please share ur chart analysis about GJ, thanks
Hi Bro. Selamat Sore.

I appreciate your question.
While I'm happy to discuss technical aspects of the market, my focus lies in dissecting specific questions and situations traders encounter, rather than offering general analysis on any instrument, be it forex or indices.

For instance, I recently discuss with Pipcenturion analyzing the validity of an SRF zone for AUD/USD in a specific scenario he was facing.
These types of inquiries ignite my passion for technical analysis, as we can delve deeper into the "how" and "why" behind price action in those situations.

General analysis often paints a loose picture, and market dynamics are much more nuanced.

That's why I asked you the question, meaning what specific question did you have in mind regarding GBP/JPY?
This approach is much better than the general "analyze this instrument" request.
It allows us to up the game a bit and delve deeper into understanding how price behaves in that specific scenario.

Think of me as a technical troubleshooting resource. (Many want to be troublemakers instead....)
By delving into the specifics of your current trading scenario, we can collaboratively dissect the technical factors at play and identify potential biases or blind spots that might be affecting your judgment.
This targeted analysis is far more productive than simply guessing at future price movements through general analysis.

My approach is not to provide direct trade calls (long or short) or dictate what technical indicators you should use.
Every trader has a unique trading style and honed technical understanding (trading edge).
Therefore, it's crucial for each individual to make trade decisions based on their own setups and risk management strategies.

Therefore, in conclusion, I don't provide general analysis on instruments or pairs.
My focus is on specific situations traders encounter or doubts they have with particular setups.
In fact, your question itself may teach me something new, and I'm always eager to learn from discussions with you or other traders.

By sharing and discussing specific trade setup scenarios, we can both learn from each other.
As a newbie, I can accumulate vast knowledge from more experienced traders by dissecting these setups together.
This collaborative approach fosters a valuable learning experience for everyone involved.

Thanks

Pat Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #817,112
  • Mar 18, 2024 12:46pm Mar 18, 2024 12:46pm
Quoting TraderFX.Id
Time to rest, done for today, scalper heaven today {image}
Wow.
You really tried...Bravo
  • #817,113
  • Mar 18, 2024 12:48pm Mar 18, 2024 12:48pm
Quoting Nordling
{quote} Aged well. We still got a long way to go south tho
Hi Nordling,

Guess what?
On Wednesday, we're going to get the scoop on how much prices have been climbing up in the UK.
This is pretty big news because it directly affects our wallets, you know, like how much we shell out for groceries and clothes.

Here's the lowdown:
Experts are saying that compared to last year, prices might have nudged up by roughly 3.5% in February.
But get this – they've got this special trick where they look at prices without including stuff that tends to bounce around a lot, like food and energy.

This core figure is expected to show a bump of about 4.6%, which is a smidge less than what we've seen before.
Now, here's where it gets interesting.
If prices don't climb as much as everyone's expecting, it might spell trouble for the British pound against the US dollar.

This could pile on the pressure for the pound later on Wednesday when the US Federal Reserve dishes out its verdict on the economy.

But wait, there's more.
The info about UK prices could also sway what the BoE decides to do on Thursday.
If prices aren't shooting up as fast, the bank might ease off on worrying about inflation and focus more on giving the economy a boost.

That's what they call being "dovish."

Exciting stuff, right?

Trade Safe.

Pat Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #817,114
  • Mar 18, 2024 1:16pm Mar 18, 2024 1:16pm
Quoting Whatevs
{quote} All nicely explained, however I'm not so sure about BoJ hiking next week... they are a dissapointment, yet again. BoJ will probably hike in April... is it possible they'll hike in March? Of course... Even on FF calendar it says BoJ will leave rates where they are at this meeting still. Wage Talks went great in Japan... however, Ueda will have the last say and he wasn't exactly delivering optimistic news for JPY lately. We'll see...
Just a quick update on my comments last week regarding the $Y, I have put together a sell position, consisting of 6 standard lots, with an average price of 149.243, stop at 149.43, and a limit of 147.63. If it moves back down to 148.95'ish, I'll move my stop to BE. Let's see if the BOJ provides some direction later today.
  • #817,115
  • Mar 18, 2024 1:24pm Mar 18, 2024 1:24pm
US Dollah

Right now, in the world of bonds, it seems like people are more interested in selling US bonds than buying them.
This is causing the interest rates on US Treasury bonds to go up, whether it's for short-term or long-term bonds.

Because of this, the US Dollar is getting stronger, as shown by the US Dollar , which has gone up more than 0.15% to reach 12962.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #817,116
  • Mar 18, 2024 1:28pm Mar 18, 2024 1:28pm
Quoting Pat Chiko
{quote} Hi Nordling, Guess what? On Wednesday, we're going to get the scoop on how much prices have been climbing up in the UK. This is pretty big news because it directly affects our wallets, you know, like how much we shell out for groceries and clothes. Here's the lowdown: Experts are saying that compared to last year, prices might have nudged up by roughly 3.5% in February. But get this – they've got this special trick where they look at prices without including stuff that tends to bounce around a lot, like food and energy. This core figure...
Well said Pat What makes you different than anybody here is that you have a great grip and understanding of both the fundamental and technical aspect of the market. That's rare my friend
You have to have an IQ higher than 90 to interact with this user.
  • #817,117
  • Mar 18, 2024 1:36pm Mar 18, 2024 1:36pm
Quoting GEfx
{quote} Just a quick update on my comments last week regarding the $Y, I have put together a sell position, consisting of 6 standard lots, with an average price of 149.243, stop at 149.43, and a limit of 147.63. If it moves back down to 148.95'ish, I'll move my stop to BE. Let's see if the BOJ provides some direction later today.
I'm prepared for the move, but not USD/JPY. Whatever this is gonna be it's not gonna be little.

I'm curious about SNB as well... it almost seems like SNB could cut rates this week.

GL!
  • #817,118
  • Mar 18, 2024 1:49pm Mar 18, 2024 1:49pm
Ignited
Excited
My body roars
Through my veins
Lit
Straight fire
Passion incarnate
News desire
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Stay low, Go fast - No luck, All skill
  • #817,119
  • Mar 18, 2024 2:09pm Mar 18, 2024 2:09pm
Quoting elude
Maybe it's still going down... Sell 1.27461 SL 1.27601 (14 pips) TP 1.27011 (45 pips)
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closing this... taking too long
  • #817,120
  • Mar 18, 2024 2:11pm Mar 18, 2024 2:11pm
Quoting Pat Chiko
US Dollah Right now, in the world of bonds, it seems like people are more interested in selling US bonds than buying them. This is causing the interest rates on US Treasury bonds to go up, whether it's for short-term or long-term bonds. Because of this, the US Dollar is getting stronger, as shown by the US Dollar , which has gone up more than 0.15% to reach 12962. {image}
The face value of the bonds remains the same but the bonds are priced so that effectively the bonds yield more to investors. The debt obligation of the US remains the same.

I wonder why.

Putin won a landslide election in Russia.

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