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Cable Update (GBPUSD)

  • #819,701
  • Apr 1, 2024 12:12pm Apr 1, 2024 12:12pm
cable touching an old TL (yellow marked) extracted from fibonacci speed fan started at march 10 of 2023. I ve bought first battery of positions @1.2545
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chaos is just unknown order
  • #819,702
  • Apr 1, 2024 12:20pm Apr 1, 2024 12:20pm
Quoting Zebi
{quote} i havent closed em yet so wait till I do gold gona retrace all of Thursdays jump just like it did sundays bullshit move
how you getting on with oil, unlimited time and distance also?
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,703
  • Apr 1, 2024 12:22pm Apr 1, 2024 12:22pm
Quoting JackintheBox
What makes me curious is the length of the drive. Someone is buying dollar already since 18 hours. GBP/USD still in time span but the move is completely awkward. I wonder if someone uses advantage today on holiday in europe... most times that ends with a huge snap back. We are exactly now at a critical situation, at 1.2547. Now the next dump was coming last hours, very fast to avoid any recap. Let's see if they push it one more time down. Currently it looks like going up finally and they start to cover their shorts. On all USD assets we have not...
Now retraces finally happened on EUR, JPY and CHF. GBP still lurking around. Why GBP is most weakest, I don't know. Weird enough it wasn't after ISM today. Someone's fooling the GBP/USD I think. Snap back to 1.2755 probably today.
  • #819,704
  • Apr 1, 2024 12:23pm Apr 1, 2024 12:23pm
Quoting Robinhood1
Ahh. Before leaving. Gbpjpy is good buying around 18950. Will rise quite far
Getting closer
POSTMASTER
  • #819,705
  • Apr 1, 2024 12:57pm Apr 1, 2024 12:57pm
Never seen such a retrace on GBP/USD. Absolutely astounding. Takes already 2 hours. My stats of 2-3 years have not any of that showing. Absolutely seldom occurance. US-Boys play with the thin market. Full domination. All others are sleeping. Easy money for them.
  • #819,706
  • Apr 1, 2024 1:05pm Apr 1, 2024 1:05pm
1.25 is real, maybe not today. 1.28650 hit daily, now bottom 1.25.
after maybe it goes to 1.31 i hope.
  • #819,707
  • Apr 1, 2024 2:09pm Apr 1, 2024 2:09pm
Índice DOW
Buying starts at 39.110
POSTMASTER
  • #819,708
  • Apr 1, 2024 2:11pm Apr 1, 2024 2:11pm
Quoting Whatevs
EUR/USD 1.074 W1 Support 1.0665 - 1.0635 MN Support Below - Free Fall GBP/USD 1.246 W1 Support 1.229 W1 Support 1.2244 MN Support 1.21 MN Support Below - Free Fall
1.0665 - 1.0635 should be next if 1.074 fails to hold again.
When EUR/USD falls to this Support, then GBP/USD should should reach its Support at 1.246 at approximately the same time. Then, we will see if the course will change or not.
  • #819,709
  • Apr 1, 2024 2:13pm Apr 1, 2024 2:13pm
Bitcoin's target
342k
POSTMASTER
  • #819,710
  • Apr 1, 2024 2:15pm Apr 1, 2024 2:15pm
Quoting Zebi
UJ hit the daily range but ill still hold my longs for the breakout over 152...ill move up my sl to protect profits {image}
They are holding up the USD/JPY not to go through 152, so be careful when it does. There could be spikes happening on 152. Traders probably have Buy Stop orders above 152, because they think after 152 is done with, then the price no longer has any Resistance moving up and that's why spike down might happen to kill off that orders first before continuing going up again.

Where is your original target for USD/JPY?
What I'm asking is what is the price you are starting to worry about Japanese intervention taking place?
  • #819,711
  • Apr 1, 2024 2:27pm Apr 1, 2024 2:27pm
Quoting Pat Chiko
{quote} GU add @QM/OB{image}
GU

Stopped Out
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,712
  • Apr 1, 2024 2:28pm Apr 1, 2024 2:28pm
Quoting Pat Chiko
{quote} UJ add @OB, rejections FVG TL retest/broken{image}
UJ

HODL

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,713
  • Apr 1, 2024 2:36pm Apr 1, 2024 2:36pm
Quoting Jade Gate
{quote} Thanks Pat. The US traders are going to need USD in order to keep pumping the stock market. End of month always sees an influx of money into stocks, from pension funds, hedge funds, banks etc as they have to turn a quick profit in order to make end of month interest payments to cash investors and ensure their clients see a decent return on their investments. And yes, the liquidity squeeze plays right into that. So objective today, look at targeting (short) those things that are most vulnerable to USD strength - BTC, WTI and Gold...
Hi,

Excellent call from earlier today! You clearly did your research and your foresight on the above instrument was perfect.
That's what makes it so impressive – a true foresight call, not just hindsight.
Your knowledge and ingenuity are truly admirable.

Keep up the good work! and
Thanks for sharing those.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,714
  • Apr 1, 2024 3:03pm Apr 1, 2024 3:03pm
Quoting Pat Chiko
{quote} Hi, Excellent call from earlier today! You clearly did your research and your foresight on the above instrument was perfect. That's what makes it so impressive – a true foresight call, not just hindsight. Your knowledge and ingenuity are truly admirable. Keep up the good work! and Thanks for sharing those.
Hi Sir Pat Chiko, Your dirty play is easy to spot! you always exited correctly on losing trades > without placing sl beforehand.

You have to learn to eat your own sh*t what hindsight is.

Careful with this guy!
  • #819,715
  • Apr 1, 2024 3:03pm Apr 1, 2024 3:03pm
Quoting ChiForex
More than 200 pips fall opportunity from here.. Everybody plays however and at end the price would always follow the long term trend
Not long ago..........
Quoting ChiForex
If you're interested in free money, sell for 200 pip profit from here.

Hi, interesting call again on selling GBP/USD for 200 pips.
Same call to your last one too, but unfortunately, it didn't quite pan out.

Would be great if you could share some insights behind your current call.
Maybe some technical analysis you saw, or some fundamental news that makes you think it'll drop another 200 pips magic numbers.?

It'd help everyone understand your reasoning and learn from your thought process, even if the market throws a curveball sometimes.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,716
  • Apr 1, 2024 3:51pm Apr 1, 2024 3:51pm
Quoting prop.kid
{quote} Hi Sir Pat Chiko, Your dirty play is easy to spot! you always exited correctly on losing trades > without placing sl beforehand. You have to learn to eat your own sh*t what hindsight is. Careful with this guy!
Hi Prop kid,

I understand your frustration for getting stopped out at a loss, but I must clarify a few points.

Firstly, my trade calls are not intended as signals nor do I charge for them.
They are simply my personal views based on my trading criteria.
And I always does it in real time not hindsight.

In trading, there are only two adjustments post-entry: Stop Loss and Take Profit.
Those two can be adjusted to the trader's liking, whenever you want it.
It doesn't matter if one puts them in foresight or hindsight, it is always moveable.
The most important thing is to give a foresight trade call, not hindsight, i.e., not after a few hours after taking the trades.

I adhere to this principle by placing my Stop Loss at appropriate levels to manage risk effectively.
Thus, I analyze when the price starts moving against or in favor of my trades.
Based on these price structure movements, I can anticipate the most likely areas to place my TP or SL.
It requires price action and observation, rather than simply putting TP & SL in a set-and-forget manner.

I've consistently emphasized in my previous posts that my calls are not a signal service.
Therefore, I refrain from providing specific Stop Loss and Take Profit levels to avoid encouraging blind following.
Traders must validate and adapt my views according to their own risk management strategies.

Maybe you get a bit of jealousy or anger............ let's address it directly.
If you're upset due to my praise of Jade Gate for her excellent trade call, I'm sorry for any offense caused.
It's essential to acknowledge her quality insights in trading & discussions and give credit where it's due.

Lastly, please find attached my chart indicating where the stop occurred.
It is not challenging to decipher, as these are fundamental principles in trading.(Trading 101)
You go figure it out.
I hope this clarifies any concerns regarding transparency in my trading approach.

And kindly request that we communicate respectfully, as we would like others to do with us.( Unless you speak to your family and children like that)
It does reflect you personality.

Constructive dialogue is key to learning and growth in our trading community.
I respect your opinion and welcome further discussion on this matter. But write properly & with respect.

Best regards,

Pat CHIKO
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P/S Careful with this guy!
Agreed..... not just this guy, every other guy too.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,717
  • Apr 1, 2024 3:59pm Apr 1, 2024 3:59pm
The usual suspect that went so low......

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Guys
It's disheartening to see personal attacks becoming a norm.
You post personal attack, then delete it (Ferna).

Trading should be about healthy competition and mutual respect, not resorting to baseless personal attacks.

If you disagree with someone's trading strategy or viewpoint, engage in constructive discussion or present your own ideas.
Let's keep the conversation focused on improving our trading skills and knowledge.

I want to give credit where it's due. Today, Zebi outperformed me in trading, and I respect that.
It's a testament to their skills and dedication.

Instead of getting caught up in personal vendettas, let's encourage each other to give our best in trading.
That's where true respect is earned.
So, let's grow up, focus on improving our trading strategies, and elevate the quality of discussions in this forum.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #819,718
  • Apr 1, 2024 4:11pm Apr 1, 2024 4:11pm
Quoting Pat Chiko
{quote} Not long ago.......... {quote} Hi, interesting call again on selling GBP/USD for 200 pips. Same call to your last one too, but unfortunately, it didn't quite pan out. Would be great if you could share some insights behind your current call. Maybe some technical analysis you saw, or some fundamental news that makes you think it'll drop another 200 pips magic numbers.? It'd help everyone understand your reasoning and learn from your thought process, even if the market throws a curveball sometimes.{image}
You're like many lost in details..not seeing the big picture.
Briefly, who plays long term don't give a damn if supposedly sold 1.27 or 1.28 and market went 100-150 pips above bcoz sight is down at 1.22-23
While short term scalpers will shake their legs throwing sweat from fear after some 20-50 pips

Understood the point?
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #819,719
  • Apr 1, 2024 4:16pm Apr 1, 2024 4:16pm
Quoting Zebi
{quote} i havent closed em yet so wait till I do gold gona retrace all of Thursdays jump just like it did sundays bullshit move
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Don’t focus on making $$$, focus on protecting what you have.
  • #819,720
  • Apr 1, 2024 4:19pm Apr 1, 2024 4:19pm
Briefly, so many don't make unnecessary headache for themselves guessing some pips up some down..throw your charts & analysis...
I tell you GU destiny is toward parity while EU is below...so save US dollars and sleep happily for years coming
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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