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Cable Update (GBPUSD)

  • #817,781
  • Mar 20, 2024 2:10pm Mar 20, 2024 2:10pm
Mentioned this earlier..... News take it down to go up
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  • #817,782
  • Mar 20, 2024 2:12pm Mar 20, 2024 2:12pm
If SNB starts cutting rates tomorrow, you won't see 170 again. Stay sharp!
  • #817,783
  • Mar 20, 2024 2:14pm Mar 20, 2024 2:14pm
Going oot for dinner, Hope you all had a great day. Ducks out
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  • #817,784
  • Mar 20, 2024 2:18pm Mar 20, 2024 2:18pm
Quoting T721
Mentioned this earlier..... News take it down to go up {image}
You're so correct too Thank you!
  • #817,785
  • Mar 20, 2024 2:18pm Mar 20, 2024 2:18pm
i thinking where we close this day
People don't plan to lose. They lose because they don't plan.
  • #817,786
  • Mar 20, 2024 2:19pm Mar 20, 2024 2:19pm
Quoting Whatevs
Mr.Yen said USD/JPY at 155 will provoke intervention. So, USD/JPY will either not see 155 or it will go to 165 without intervention. This guy has a worse history of calls than me hahahaha.
I read this guys comment after building a sell position at an average price of 151.53, stop at 152.35, so I was pretty uncomfortable seeing his prediction. Thankfully, the Fed bailed me out. I think that will be the last JPY trade for a while, until the picture clears up a bit. Hope you got your pips on the way up before the Fed. Good trading.
  • #817,787
  • Mar 20, 2024 2:20pm Mar 20, 2024 2:20pm
Quoting Whatevs
If SNB starts cutting rates tomorrow, you won't see 170 again. Stay sharp!
are you referring chfjpy?
  • #817,788
  • Mar 20, 2024 2:20pm Mar 20, 2024 2:20pm
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yes yes yes
  • #817,789
  • Mar 20, 2024 2:22pm Mar 20, 2024 2:22pm
Quoting ScalaFX
i thinking where we close this day
share with us
  • #817,790
  • Mar 20, 2024 2:23pm Mar 20, 2024 2:23pm
Quoting nubcake
{quote} With all of that shit on your charts I can't imagine how you can't figure-out why I laughed at ScalaFX on Friday Surely the answer is in there, somewhere.
nubcake, ok you made your point. Now, let it go. But remember others don't have to follow my or your trading rules.
Always trade your own plan...I don't provide trading signals.
  • #817,791
  • Mar 20, 2024 2:25pm Mar 20, 2024 2:25pm
Quoting Whale
{quote} share with us
you first
People don't plan to lose. They lose because they don't plan.
  • #817,792
  • Mar 20, 2024 2:26pm Mar 20, 2024 2:26pm
Quoting GEfx
{quote} I read this guys comment after building a sell position at an average price of 151.53, stop at 152.35, so I was pretty uncomfortable seeing his prediction. Thankfully, the Fed bailed me out. I think that will be the last JPY trade for a while, until the picture clears up a bit. Hope you got your pips on the way up before the Fed. Good trading.
Actually, the news from Japan came out. BoJ Seen Weighing Next Rate Hike in July or October as Yen Weakens - Nikkei this is what triggered a drop on JPY pairs. Good to hear that! It seems JPY will continue to drop further, but I expect some action from Japan very, very soon because this news from Japan didn't help JPY at all it seems as they thought it might. I know intervention is old news being tossed 100 times, however if Japan is to intervene it might just be very soon since this news about BoJ hiking rates again just didn't help JPY at all, so more drastic measure will be needed to slow down the death of JPY.
  • #817,793
  • Mar 20, 2024 2:26pm Mar 20, 2024 2:26pm
@nextElliot
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  • #817,794
  • Mar 20, 2024 2:28pm Mar 20, 2024 2:28pm
Quoting ScalaFX
{quote} you first
somewhere here..
Doubt if it can crush, but im old whale, i saw something in life.

i have clear direction to 1.3 and 1.314X as final destination..
  • #817,795
  • Mar 20, 2024 2:29pm Mar 20, 2024 2:29pm
Quoting Godspromise
{quote} are you referring chfjpy?
Yes. Resistance is between 170.5 -171 which I wrote this morning or yesterday IDK, doesn't matter, and it doesn't seem like CHF/JPY can break this MN resistance and if SNB cuts rates tomorrow, it's over pretty much for CHF.
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  • #817,796
  • Mar 20, 2024 2:31pm Mar 20, 2024 2:31pm
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yes yes yes
  • #817,797
  • Mar 20, 2024 2:31pm Mar 20, 2024 2:31pm
Quoting Whale
{quote} somewhere here.. Doubt if it can crush, but im old whale, i saw something in life. i have clear direction to 1.3 and 1.314X as final destination..
touch of 28 can change this
People don't plan to lose. They lose because they don't plan.
  • #817,798
  • Mar 20, 2024 2:35pm Mar 20, 2024 2:35pm
Quoting Whatevs
GBP/USD W Pattern could push the price to 1.28.
Khm Khm KHM...


LoL

Just kidding! I am right the same amount of time the blind chicken strikes the piece of corn hahahahahahah

Quoting Whatevs
Uffff.... GBP/USD and EUR/USD are looking really, really bad. W Pattern will fail... we're back to 1.225 it seems. If Daily doesn't recover and 1.2610 doesn't hold it's not looking good. 1.22 should hold in the future, but we'll see. I guess the only good thing is that noone here is a swing trader haha. Damn this big banks are smart... Ups!
Proof...
  • #817,799
  • Mar 20, 2024 2:39pm Mar 20, 2024 2:39pm
Quoting Whale
{quote} somewhere here.. Doubt if it can crush, but im old whale, i saw something in life. i have clear direction to 1.3 and 1.314X as final destination..
You swing trade?
  • #817,800
  • Mar 20, 2024 2:39pm Mar 20, 2024 2:39pm
Quoting ScalaFX
{quote} touch of 28 can change this
maybe..

i'm working on improving my swing trades, and by mapping the 4H, daily and weekly 1.3 is 1st tp zone and 1.314X is 2nd.
and im not going to abandon it.
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