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Cable Update (GBPUSD)

  • #820,121
  • Apr 4, 2024 1:09am Apr 4, 2024 1:09am
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yes yes yes
  • #820,122
  • Apr 4, 2024 1:13am Apr 4, 2024 1:13am
Bonds correlation with the dollar index.

Bonds & dollar index are negatively correlated.
Bonds lower - Dollar Higher.
Bonds high - Dollar Lower.

Dollar index & Yields are positively correlated.
Dollar goes lower, yield should also go lower.
Yields higher & Dollar should also go higher.

Imagine the USD is like a magnet, and interest rates (yields) are metal filings.
A strong magnet attracts more filings.

In the world of finance, it's similar:
Strong Dollar, Higher Yields: A stronger USD often attracts investors seeking better returns, pushing interest rates (yields) up.
Weak Dollar, Lower Yields: A weaker USD makes existing investments less attractive, so yields might fall.

Think of bonds as the opposite of yields:
Strong Dollar, Lower Bond Prices: When the USD strengthens, bond prices usually go down (because yields are rising).
Weak Dollar, Higher Bond Prices: When the USD weakens, bond prices might rise (because yields are falling).

Remember: This is a general idea, not a magic rule.
Other things can affect the USD, yields, and bonds. But understanding this connection can be a good starting point.

Im thinking to cover this topic in a TikTok video in the coming week.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #820,123
  • Apr 4, 2024 1:18am Apr 4, 2024 1:18am
Do not short now. Need 3-4 candles H4 .Maybe in evening.
1 H 1.26450 channel .It goes to channel.And stays.H4 1.26550. It goes . And stays in channel. Wait.
  • #820,124
  • Apr 4, 2024 1:23am Apr 4, 2024 1:23am
Quoting viktoriaxz
Do not short now. Need 3-4 candles H4 .Maybe in evening.
Inserted Video
yes yes yes
  • #820,125
  • Apr 4, 2024 1:30am Apr 4, 2024 1:30am
Quoting Pat Chiko
{quote} GU But Bro, I'm only guessing, may not happen. I'm still newbie, unlike Pro like zebi For some, when they give hindsight they trade like Forex God, but give real time call, it failed miserably. ( I'm talking about me....) My guesstimate today.{image}
By April 8th 14:00 GMT, the setup should complete. My forecast tells me
More time in the market, does not mean you trade better!
  • #820,126
  • Apr 4, 2024 2:00am Apr 4, 2024 2:00am
Gold should go down. day and 4, H1 H. But gold is crazy.
  • #820,127
  • Apr 4, 2024 2:22am Apr 4, 2024 2:22am
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yes yes yes
  • #820,128
  • Apr 4, 2024 2:30am Apr 4, 2024 2:30am
Cable 4H chart, some interesting potential resistance coming up here and red 200ema and purple 200sma have crossed over. Stoch has hit the ceiling. I'll be looking for wicks to form around this price level for short (if confirmed).
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  • #820,129
  • Apr 4, 2024 2:48am Apr 4, 2024 2:48am
Sold 1.2666
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #820,130
  • Apr 4, 2024 2:55am Apr 4, 2024 2:55am
#USDX / H4
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  • #820,131
  • Apr 4, 2024 3:13am Apr 4, 2024 3:13am
Quoting Pat Chiko
{quote} GU But Bro, I'm only guessing, may not happen. I'm still newbie, unlike Pro like zebi For some, when they give hindsight they trade like Forex God, but give real time call, it failed miserably. ( I'm talking about me....) My guesstimate today.{image}
Like your guesstimate
  • #820,132
  • Apr 4, 2024 3:31am Apr 4, 2024 3:31am
Eu and gu continue to climb
Goldi and dx are going down
Uj is ranging
Dow is climbing slowly
I'm confused
yes yes yes
  • #820,133
  • Apr 4, 2024 3:36am Apr 4, 2024 3:36am
Quoting Moty
Eu and gu continue to climb Goldi and dx are going down Uj is ranging Dow is climbing slowly I'm confused
If you are trading Dow you need 3 charts --- Dow, ES & NQ then look for divergence on a Daily or weekly time frame for shorts or longs
  • #820,134
  • Edited 4:02am Apr 4, 2024 3:42am | Edited 4:02am
It is clear H1 Gu goes down. Set up. H4 not yet wait.2-3 candles.If people afraid wait candles under 1.26550. BUt gu can go very slowly H4 .I noticed if it goes fast no big numbers. If it stays a lot of time in upper channel,trend down would be longer because channel down became bigger (targets).
sorry 1.26550 H4 border. best set up W and a lot of candles.
  • #820,135
  • Apr 4, 2024 3:42am Apr 4, 2024 3:42am
Quoting suhas316
I will not Sell till price goes below 1.2640 {image}
15M
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!! Radha Radha !!
  • #820,136
  • Apr 4, 2024 3:47am Apr 4, 2024 3:47am
Quoting Moty
Eu and gu continue to climb Goldi and dx are going down Uj is ranging Dow is climbing slowly I'm confused
Same if trading eu & gu, always have both charts in front of you.. Here is the divergence on eu to gu
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  • #820,137
  • Apr 4, 2024 3:52am Apr 4, 2024 3:52am
Although the market structure does not indicate a clear direction of the price (in D1 it has broken 1 bearish CHoCH but has not broken a bearish BOS sign of trend continuity and in 4H it has broken 1 bullish CHoCH but not a bullish BOS sign of trend continuity) there has been a movement (Strong Imbalance Labeling) in which the bearish have taken control of the price, which could in the medium term take it to the zone 1. 23731 - 1.22531 beginning of the last bullish swing where FVG was formed pending to close.
Translated with DeepL.com (free version)
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  • #820,138
  • Apr 4, 2024 4:07am Apr 4, 2024 4:07am
Quoting T721
{quote} If you are trading Dow you need 3 charts --- Dow, ES & NQ then look for divergence on a Daily or weekly time frame for shorts or longs
How about short term and long term yield, to gauge the strength of USD?
More time in the market, does not mean you trade better!
  • #820,139
  • Apr 4, 2024 4:27am Apr 4, 2024 4:27am
Quoting T721
{quote} Same if trading eu & gu, always have both charts in front of you.. Here is the divergence on eu to gu {image}
Quoting Bloodwish
{quote} Ok so which one to follow first
i trade both but thats just me. if you trade eu then look for the divergence. on the chart above you will see eu make a lower low while gu didnt then if you get a bullish 15min candle on eu jump in and dont hesitate just manage your risk, once it moves start adding positions.
First chart below is 15min then i jump to 1hr tf to add positions ---- hope it makes sense
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  • #820,140
  • Apr 4, 2024 4:28am Apr 4, 2024 4:28am
Quoting Fardeen1209
{quote} How about short term and long term yield, to gauge the strength of USD?
find the correlated assets and look for divergence
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