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Cable Update (GBPUSD)

  • #820,821
  • Apr 10, 2024 1:33am Apr 10, 2024 1:33am
Quoting Whatevs
Will anyone let their position running through CPI? Hahah
yes
people leave, but this thread will go on for ever
  • #820,822
  • Apr 10, 2024 1:40am Apr 10, 2024 1:40am
CPI should be very big news today and I expect nothing less...

Fed heads will add fuel to the fire by commenting about possibility of no rate cuts this year if CPI comes out higher than 3.4%. It wouldn't make ANY SENSE if CPI doesn't come out hot today.

I'm prepared for the break above 152 on CPI and will be ready to act on possible intervention.
  • #820,823
  • Apr 10, 2024 1:42am Apr 10, 2024 1:42am
Quoting Waveskierrob
{quote} MR PRO CHART READER, Asian session now over and GU not at price you said it would be, I'm massively underwater because of your recommendation, please advise ....

For all those who believe the above there is some great waterfront real estate available for sale in the Florida everglades. Lots of wildlife.
Northern territories in Australia has lots of great options too.
  • #820,824
  • Apr 10, 2024 2:05am Apr 10, 2024 2:05am
Today's Support & Resistance on MT5 Templates

EURO
CABLE
GOLD

Live Chart for EURO on Trading View : https://www.tradingview.com/chart/akH19AXw/
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #820,825
  • Apr 10, 2024 2:44am Apr 10, 2024 2:44am
Attached Image (click to enlarge)
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yes yes yes
  • #820,826
  • Apr 10, 2024 3:01am Apr 10, 2024 3:01am
H1 Chart
That yellow rectangle shows the area to be broken as bearish to go further down.
Maybe CPI and FOMC will tell USD strength so we go straight below it without any re-test (really?)
Attached Image (click to enlarge)
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Below that, anyway, market provided important buy-back bullish reaction in recent days. ANY move down has been bought and price sent back up to where it started and later continued higher, showing there is heavy buy orders in the whole area below 1.26 and then additional in continuation.

My question: is market really going to hyper buy the USD if CPI will come out higher than projections? That would be the case with a very high CPI imo. Or is it market waiting to know something from the FOMC later?

I stay long.
A strong CPI release IMO will send me in DD but the position is very small. In that case, will try to understand if price is going straight or if will give some new opportunity.
A weak CPI confirming inflation is weakening, IMO will send price up. In that case I will try to find additional entries. Focus on 2720 and 2790
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90% of traders use TA, indicators and prediction
  • #820,827
  • Apr 10, 2024 3:02am Apr 10, 2024 3:02am
Quoting T721
{quote} {image}
When Chuck Norris does pushups he remains stationary and the Earth moves back and forth
Don't Leave Money on the Table
  • #820,828
  • Apr 10, 2024 3:05am Apr 10, 2024 3:05am
Quoting Coreg2004
{quote} mike79, why this level is important in your strategy? I'm not saying I disagree, I would like to know your reason.
Never mind. Trade well today, friend.
  • #820,829
  • Apr 10, 2024 3:26am Apr 10, 2024 3:26am
UGLYMUDDAFUKKA is back again. He keeps getting revoked by @Twee then re-appears. Think he must be using VPN... Just beware if he contacts you

But fuck what an uglycunt he is
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  • #820,830
  • Apr 10, 2024 3:27am Apr 10, 2024 3:27am
Anyone got a GU setup, Im looking for a drop to buy hopefully after news so sitting on my hands atm. Just need some of that Patience thing
  • #820,831
  • Apr 10, 2024 3:30am Apr 10, 2024 3:30am
IF0K1SLG8RLS Get the fuckoutta here wanka
  • #820,832
  • Apr 10, 2024 3:33am Apr 10, 2024 3:33am
In other news i took a short on NatGas @2017 and up a whole 1points . see if i can get 50point drop ish
  • #820,833
  • Apr 10, 2024 3:35am Apr 10, 2024 3:35am
Question of the day:

is CPI following OIL prices or is it OIL prices following CPI?
90% of traders use TA, indicators and prediction
  • #820,834
  • Apr 10, 2024 3:37am Apr 10, 2024 3:37am
Quoting T721
UGLYMUDDAFUKKA is back again. He keeps getting revoked by @Twee then re-appears. Think he must be using VPN... Just beware if he contacts you But fuck what an uglycunt he is {image}
She sent me a picture of her
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Intraday Trading is an Art _ hoda
  • #820,835
  • Apr 10, 2024 3:38am Apr 10, 2024 3:38am
Quoting hoda
{quote} She sent me a picture of her {image}
Lmao
  • #820,836
  • Apr 10, 2024 3:39am Apr 10, 2024 3:39am
Quoting Robinhood1
{quote} Initially, support around 151.00 if recent high is not broken.
Support stands around 150.69 while there is no new high
UJ
POSTMASTER
  • #820,837
  • Apr 10, 2024 4:00am Apr 10, 2024 4:00am
patience and target comes..
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chaos is just unknown order
  • #820,838
  • Apr 10, 2024 4:11am Apr 10, 2024 4:11am
Quoting fex.
waiting pa ... {image}
Waiting for reaction in higher daily OB
delicacy and patience
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newbie
  • #820,839
  • Edited 4:31am Apr 10, 2024 4:15am | Edited 4:31am
Quoting _BBKing_
Question of the day: is CPI following OIL prices or is it OIL prices following CPI?
The only certain thing is that if oil prices don't come down, CPI will continue to rise. The 20% hike in oil prices since last CPI are yet to be fed into the equation and that's a huge factor for inflation. The Fed will be nervous.
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  • #820,840
  • Apr 10, 2024 5:17am Apr 10, 2024 5:17am
Quoting varun76
DYOR {image}
-20 & OUT
Precise Execution!
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