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Cable Update (GBPUSD)

  • #819,541
  • Mar 31, 2024 2:24pm Mar 31, 2024 2:24pm
Quoting Zebi
{quote} I said that march 1st and pretty much happened as I outlined LOL... price went up for 1 week and fooled dipshit trend traders into being boolish before they got smacked down by the februarys monthly sell signal LOL I downloaded Grammarly so my English is as good as all the foreigners but I'm having trouble...this is what Grammarly suggested to my sentence above guess ill have to watch some videos how to use it I'm glad to hear that your prediction came true! It's always satisfying when you...

so I'm still bearish GU and bullish the dollar and UJ since the dollar is one bad mudderfuuker juat like jules in pulp fiction LOL
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short trump and go long the deepstate
  • #819,542
  • Mar 31, 2024 3:42pm Mar 31, 2024 3:42pm
GBPUSD price action on the daily time frame is consolidating after a bearish rejection of the 61.8 Fib retracement of the 1.42480/1.03528 bearish swing that began in June 2021. Presently, price action is tackling the 1.26170 horizontal support area. Technicals favour a bearish drive that may expose the 1.24100 area before further southward ambition. But we cannot rule out a bullish correction to an intra-day area of value before such southward drive.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #819,543
  • Mar 31, 2024 5:10pm Mar 31, 2024 5:10pm
Look at the similarities. UJ and GU. Both in mirror reverse consolidation patterns, usually indicating a continuation of previous traffic direction. UJ wanting to go north but likely to run into BOJ bots at 151.50 and GU also wanting to go north (may happen) but more likely going south later. It's early yet and despite it being a public holiday, the FX floor traders are most likely working full tilt. We'll see and know more around 8am London time.
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  • #819,544
  • Mar 31, 2024 5:21pm Mar 31, 2024 5:21pm
Quoting Pat Chiko
GU This week, the focal point of high-impact news will undoubtedly be the NFP report scheduled for release on Friday. While Monday marks a holiday for certain countries, it remains a regular trading day in the US. Furthermore, on Tuesday, the market will closely monitor the JOLTS, another significant release that may induce fluctuations upon its unveiling. However, the pinnacle of attention for traders undoubtedly lies on Friday with the NFP report, poised to significantly influence market sentiment and direction. {image} The above chart is my novice...
GU

"Pump and dump" for the NFP.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,545
  • Edited 5:42pm Mar 31, 2024 5:22pm | Edited 5:42pm
Again goldi new high, sell again...
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  • #819,546
  • Edited 5:39pm Mar 31, 2024 5:22pm | Edited 5:39pm
Quoting Zebi
{quote} friday i asked the room who was still boolish for this week and you were the only one with the stones to answer that you lean that way you made a good point with the suppost chart however ill have stay bearish because of the diagnal trendline you drew ...everybody uses diagonal trendlines so they dont work so good because of that ata turkoglu spent years trying to devise a way to use trendlines 4-5 years ago and dropped em looks like in his teaching thread and started looking for something new...look at his charts...
Quoting Zebi
{quote} heres the second chart i promised with all the text {image}
I bring up these two quotes gentlemen cause its my view of GU and why im bearish this shit currency especially since the dollar index chart is so boolish too

don't be dipshit trendtraders gentlemen...the 95% of account losers are pretty much all trendtraders LOL

I wont post an update to the charts in my posts since you all have platforms so will know GU dropped over 100 pips from that point

ill post another chart in a few
short trump and go long the deepstate
  • #819,547
  • Mar 31, 2024 5:24pm Mar 31, 2024 5:24pm
Quoting Waveskierrob
why is it as soon as you get rid of one idiot another turns up...
In-"Definitely"
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,548
  • Mar 31, 2024 5:37pm Mar 31, 2024 5:37pm
since its a new quarter ill post a quarterly chart...

it doesn't look too good for bulls...pretend its a 5 min. chart what would you scalpers be doing?....going long? LOL

we'll prolly see the red line this year and trusses stupid ass level in the next 2 to 5 years after the obligatory bounces and fakeouts

this is my simple view...i have other TA reasons which I wont say cause then I would lose my edge to the room and wouldn't be able to go against it as often LOL









;
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short trump and go long the deepstate
  • #819,549
  • Mar 31, 2024 5:46pm Mar 31, 2024 5:46pm
Quoting DmShka
Again goldi new high, sell again... {image} {image}
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  • #819,550
  • Mar 31, 2024 6:01pm Mar 31, 2024 6:01pm
just went long UJ 151.37..thats 4 longs now


that's all ill do till bresksout above 152

I had tp at 152.20 and moved that up to 152.80

sl still open since my average is 151.36
short trump and go long the deepstate
  • #819,551
  • Mar 31, 2024 6:49pm Mar 31, 2024 6:49pm
Quoting Pat Chiko
{quote} Now back to USD :the reasons behind both movements to understand the bigger picture. Strong US Economy: A robust US economy could be fueling both trends. A healthy economy typically leads to increased corporate profits, which can boost the US stock market (reflected by the US500). Global Risk Aversion: Even if the US economy is doing well, global economic uncertainty can still exist. In such scenarios, investors might seek safe-haven assets like US stocks and the USD. This can cause both the US500 and USD to rise simultaneously....
US500

The relationship between the US500 and USD strength is historically a moderately inverse one.
This means that a strong dollar has often coincided with a weaker stock market, and vice versa.

This relationship isn't always perfect.
There have been times when the dollar and the stock market have moved in the same direction.
The correlation has even strengthened, though it's still not a guaranteed relationship.

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Pumping hard this morning in preparation for NFP



Some material to understand US500 & USD relationship
S&P Global Market Intelligence: Fed rules currency market as dollar moves align more closely with stocks: https://www.spglobal.com/marketintel...tocks-59185505
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,552
  • Mar 31, 2024 7:12pm Mar 31, 2024 7:12pm
Quoting Pat Chiko
{quote} Pumping hard this morning in preparation for NFP
Ya think? I think they're just pumping bec there's no competition and the free/cheap money runs out today (01/04) and it's still 31/03 over there. Liquidity squeeze kicks in for them tomorrow. And bec it's the end of the month so capital inflows.
  • #819,553
  • Mar 31, 2024 7:21pm Mar 31, 2024 7:21pm
Quoting Pat Chiko
{quote} UJ price reach BSL Shorting for ABC correction{image} Disclaimer: This communication is for informational purposes only and should NOT be considered financial advice. I am not a licensed financial advisor and this is not a solicitation to buy or sell any securities. I am a newbie and my views are based on limited experience. Always do your own research before making any investment decisions.

UJ

grabbing some pips on accumulation phase moving in preparation for NFP
Total that is four (4) short now.................
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,554
  • Mar 31, 2024 7:40pm Mar 31, 2024 7:40pm
Quoting Zebi
just went long UJ 151.37..thats 4 longs now that's all ill do till bresksout above 152 I had tp at 152.20 and moved that up to 152.80 sl still open since my average is 151.36
how you read that Gold open in real time & why you not updating that no stop short
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,555
  • Mar 31, 2024 7:50pm Mar 31, 2024 7:50pm
Quoting Robinhood1
{quote} Gold 1984 becoming support soon
This is Who you are dealing with wavy. One of my calls when i was not a 100% i am now. It is the low before actual runup. I should think that any real honest trader would be happy to see one of a kind getting things right as fellow mankind? For some reason the majority team Up not to. Anyways, it is my wisdom, that is what counts.
POSTMASTER
  • #819,556
  • Mar 31, 2024 8:07pm Mar 31, 2024 8:07pm
try grasp the irony of these. veeeeeery punctual i reckon ......

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& last

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u really cant put price on irony
have fun
protein for breakfast !
  • #819,557
  • Mar 31, 2024 8:34pm Mar 31, 2024 8:34pm
Quoting Whatevs
Also, hoping to see USD/JPY flying above 152 this week, because I'm tired of waiting haha.
I don't see UJ going much lower for now. Maybe around 50 pips for a buy. After that, run Up that may not reach 160
POSTMASTER
  • #819,558
  • Mar 31, 2024 9:00pm Mar 31, 2024 9:00pm
Quoting Bones
{quote} how you read that Gold open in real time & why you not updating that no stop short

bonzey...i dont know where id be without your concern for me

I'm down almost 4k and will close at minus 5k

there's no TA reason on my charts for gold to jump like this...more of the month and quarter close on easter holiday when CME was closed all day Friday
so all that shit thursday will get retraced in the next couple days I hope cause don't want to wait till NFP or may have to take the loss
short trump and go long the deepstate
  • #819,559
  • Mar 31, 2024 9:01pm Mar 31, 2024 9:01pm
Quoting Pat Chiko
{quote} UJ grabbing some pips on accumulation phase moving in preparation for NFP Total that is four (4) short now................. {image}

pat...please don't encourage the room to turn bullish on UJ....the more people feel that way means we'll lose

I didn't get in early for the breakout hier to lose money when the circus starts buying


edit: oh nevermind...i just took a closer look at your chart and the arrow points down ...i read accumulation so assumed you were boolish
short trump and go long the deepstate
  • #819,560
  • Mar 31, 2024 9:22pm Mar 31, 2024 9:22pm
Quoting Zebi
{quote} bonzey...i dont know where id be without your concern for me I'm down almost 4k and will close at minus 5k there's no TA reason on my charts for gold to jump like this...more of the month and quarter close on easter holiday when CME was closed all day Friday so all that shit thursday will get retraced in the next couple days I hope cause don't want to wait till NFP or may have to take the loss
waste of money
On-site guru & also FF member's' psychiatrist, when not drinking tea
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