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Cable Update (GBPUSD)

  • #818,221
  • Mar 21, 2024 2:12pm Mar 21, 2024 2:12pm
Quoting Coreg2004
{quote} Dear Leon, {image} Congratulations on your achievement. 3245 pips / by 861 trades = 3.77 pips per trade 3.77x 2.5 cents per pip = 9.42 cents per trade.
Bet Soros is shitting himself....
  • #818,222
  • Mar 21, 2024 2:15pm Mar 21, 2024 2:15pm
An Ode To GU

Oh GU, I treated you so good
Gave you the biggest lot size that I could
Oh GU, the fairest currency of them all
Why oh why, did you make my margin call

- KalC
  • #818,223
  • Mar 21, 2024 2:20pm Mar 21, 2024 2:20pm
Quoting Pat Chiko
{quote} Nordling, Current massive bear moves... Come to think of the plot, what's going on with GBP/USD after the BoE rate announcement? The Fed currently boasts a higher interest rate than the BoE... The market's attention is fixated on who will make the first cut. So far, the swap markets have placed their bets on the Fed moving first in June, followed by the Bank of England in August. That was the original plan. However, today the Bank of England decided to expedite the rate cut to June, aligning with the Fed. This has triggered a scramble for...
Exactly. To me it looks like recession risk is at the door so central bankers use extra caution. They do everything as dovishly as possible so they don't spook the markets. With China, Japan, UK and Euro Area in and at the edge of a recession, central bankers try to avoid deepening the situation.
You have to have an IQ higher than 90 to interact with this user.
  • #818,224
  • Mar 21, 2024 2:25pm Mar 21, 2024 2:25pm
that pa is a double-edged sword, water off a duck back to some,
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  • #818,225
  • Mar 21, 2024 2:27pm Mar 21, 2024 2:27pm
Quoting Bones
that pa is a double-edged sword, water off a duck back to some, {image}

does this cryptic post mean youre still bullish...have some faith in your own analysis bonzey liek i had in mine for the past 2 weeks and that sphincter clenching fed candle
short trump and go long the deepstate
  • #818,226
  • Mar 21, 2024 2:39pm Mar 21, 2024 2:39pm
Quoting Zebi
{quote} does this cryptic post mean youre still bullish...have some faith in your own analysis bonzey liek i had in mine for the past 2 weeks and that sphincter clenching fed candle
update gold, how you read it now
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  • #818,227
  • Edited 3:17pm Mar 21, 2024 2:42pm | Edited 3:17pm
Quoting TraderFX.Id
{quote} Fomc im burn 3K in hours,, really stressfully
It's ok man, keep the lot sizes small imho, so make it 300 bucks instead of 3k. Don't rush to make it back though, you are a great trader, eventually you will come up from that
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  • #818,228
  • Mar 21, 2024 2:42pm Mar 21, 2024 2:42pm
Quoting Bones
all it has to do is close inside the last candle to be a valid hammer but this daily is up against the weekly, so we should be cautious, also it's red {image}
i think pretty much everybody knows what todays candles mean for dollar and GU

Inserted Video
short trump and go long the deepstate
  • #818,229
  • Mar 21, 2024 2:47pm Mar 21, 2024 2:47pm
Quoting Bones
{quote} update gold, how you read it now
it looks bearish bonzey liek i said earlier...stop asking me these questions and just do your own analysis

youre over the limit bonzey asking me questions

if you tell me todays gold candle is anything but kick the gold bugs in the ass candle ill double down on my shorts bones LOL
short trump and go long the deepstate
  • #818,230
  • Mar 21, 2024 2:53pm Mar 21, 2024 2:53pm
Quoting Coreg2004
{quote} Dear Leon, {image} Congratulations on your achievement. 3245 pips / by 861 trades = 3.77 pips per trade 3.77x 2.5 cents per pip = 9.42 cents per trade.
It shows how obscured your perception of trading is. Whether you trade .01 lots in dollars or .01 lots in your own currency it means the same thing. If I can afford to trade .01 lots in dollar money I will only trade .01 lots for every $ 300 invested. If $300 equals roughly 300 X 18 converted to SA Rands equals R5400 which means I could take 5400 / 300 = 18. This means I could take 18 trades for every 300 dollars invested. It comes to the same thing but gives me a better chance of reaching the same goal with a safe and secure method and letting trades go against me with low margin levels until price goes in my favor. This is what you and brokers don't like to tell traders, Instead you want them to trade with high-margin and blow their accounts quickly.
Trust me Folks do not get caught out with these scammers.
Trade to trade another day
  • #818,231
  • Mar 21, 2024 2:58pm Mar 21, 2024 2:58pm
Quoting Wavegarrick
{quote} It shows how obscured your perception of trading is. Whether you trade .01 lots in dollars or .01 lots in your own currency it means the same thing. If I can afford to trade .01 lots in dollar money I will only trade .01 lots for every $ 300 invested. If $300 equals roughly 300 X 18 converted to SA Rands equals R5400 which means I could take 5400 / 300 = 18. This means I could take 18 trades for every 300 dollars invested. It comes to the same thing but gives me a better chance of reaching the same goal with a safe and secure method and...
You say "I could" a lot rather than....well just what you actually do...
  • #818,232
  • Mar 21, 2024 3:08pm Mar 21, 2024 3:08pm
Quoting KalC
An Ode To GU Oh GU, I treated you so good Gave you the biggest lot size that I could Oh GU, the fairest currency of them all Why oh why, did you make my margin call - KalC
lol
People don't plan to lose. They lose because they don't plan.
  • #818,233
  • Mar 21, 2024 3:13pm Mar 21, 2024 3:13pm
Quoting Wavegarrick
{quote} Trust me Folks do not get caught out with these scammers.
Rich words from the man who defends a scammer like JayBag with pleasure
You have to have an IQ higher than 90 to interact with this user.
  • #818,234
  • Mar 21, 2024 3:13pm Mar 21, 2024 3:13pm
Quoting Zebi
{quote} it looks bearish bonzey liek i said earlier...stop asking me these questions and just do your own analysis youre over the limit bonzey asking me questions if you tell me todays gold candle is anything but kick the gold bugs in the ass candle ill double down on my shorts bones LOL
It's fine I can update things for you, basically scared till proved right, some people saying you're a good trader lol, wakey-wakey people this guy is flying by the seat of his pants and also attracting fake members to speak to.
You can't be that wrong all the time.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #818,235
  • Mar 21, 2024 3:16pm Mar 21, 2024 3:16pm
Quoting Bones
{quote} It's fine I can update things for you, basically scared till proved right, some people saying you're a good trader lol, wakey-wakey people this guy is flying by the seat of his pants and also attracting fake members to speak to. You can't be that wrong all the time.

ROFLMAO

i got a chart for you bonzey to fotoshop deface and destroy...i hope you do it too than its guaranteed to happen LOL

weekly dollar baby
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short trump and go long the deepstate
  • #818,236
  • Mar 21, 2024 3:18pm Mar 21, 2024 3:18pm
Quoting Bones
{quote} It's fine I can update things for you, basically scared till proved right, some people saying you're a good trader lol, wakey-wakey people this guy is flying by the seat of his pants and also attracting fake members to speak to. You can't be that wrong all the time.
bonzeys feelings are hurt...maybe youd feel better if i was cryptic like you and that ewave tard instead of posting my trades and updates in real time
short trump and go long the deepstate
  • #818,237
  • Mar 21, 2024 3:22pm Mar 21, 2024 3:22pm
Quoting Zebi
{quote} bonzeys feelings are hurt...maybe youd feel better if i was cryptic like you and that ewave tard instead of posting my trades and updates in real time
I'm not sure about the daily, it's not cryptic, like yesterday, you have to see the open because things have been so ugly.
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  • #818,238
  • Mar 21, 2024 3:22pm Mar 21, 2024 3:22pm
Trade setup I'm looking for: if Cable drops to 1.2615 tomorrow, it provides a good buying opportunity for a trade to 1.27 (which I would expect early next week).

I expect range bound trading until next Friday where we get PCE and probably a big swing with end of the month rebalancing which could be significant move in terms of pips as its end of the quarter as well. Last day of the month is also the only risk for a bigger leg lower as we started this week with GBP longs close to extreme, however I some of the longs were shed off following BoE.

Keep in mind the 10yr Treasury yield doesn't have much upside potential limiting any USD gains in the coming days. If PCE show cooling, Yield on the 10yr likely to plunge back to 4% boosting all pairs vs USD.
  • #818,239
  • Mar 21, 2024 3:24pm Mar 21, 2024 3:24pm
There is NO WAY I would be short gold.
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  • #818,240
  • Mar 21, 2024 3:29pm Mar 21, 2024 3:29pm
below 12600 it is Major bear, might be a red doji, then unclear
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