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Cable Update (GBPUSD)

  • #820,861
  • Apr 10, 2024 7:17am Apr 10, 2024 7:17am
Quoting HaLBot
{quote} I want a poor number so we pump to 2770/2800 area {image}
I want strong data, so it forces Japan to intervene for which reason I'm looking at USD/JPY first before anything else. If data comes out strong and price spikes up on USD/JPY, then I'll be looking intently what will happen. If candle starts exhausting, then it's safe to assume Japan entered the market and started intervening.

Alright... LET'S SEE THIS SHIT!
  • #820,862
  • Apr 10, 2024 7:20am Apr 10, 2024 7:20am
Quoting Fardeen1209
{quote} Was thinking if cpi comes hot, uj might push to 152.xxx Boj/MOF want to intervene at 152.xxx. However, fundamental perspective, cpi hot - less rate cut, good for dollar. Even tho boj threatened to respond with monetary policy i.e hike more by 10bps, while keeping bond buying operations the same, uj will reach ~153+ in no time. Because of Interest rate differentials If BOJ want rate hike and terminate bond buying operation immediately, possiblility to see uj traded back to 144. Jpy mover comes down to pace of BOJ...
Until BoJ get's rid of this bond buying operation, JPY shouldn't make any strong gains (or Japan intervenes). Raising by another 0.10% won't mean anything as you pointed out.
  • #820,863
  • Apr 10, 2024 7:21am Apr 10, 2024 7:21am
Quoting Whatevs
{quote} I want strong data, so it forces Japan to intervene for which reason I'm looking at USD/JPY first before anything. If data comes out strong and price spikes up on USD/JPY, then I'll be looking intently what will happen. If candle starts exhausting, then it's safe to assume Japan entered the market and started intervening. Alright... LET'S SEE THIS SHIT!

Either way shits gonna happen
Don't Leave Money on the Table
  • #820,864
  • Apr 10, 2024 7:21am Apr 10, 2024 7:21am
i just closed my UJ long i had at 151.64 in case a bad cpi


placed buy limits and stops to take advantage of kneejerk reaction
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short trump and go long the deepstate
  • #820,865
  • Apr 10, 2024 7:21am Apr 10, 2024 7:21am
Where's the positive excel profits, charts, and thread "+10 pips" when you need them the most. The people desire stimulation.
The market hides a perfect geometry.
  • #820,866
  • Apr 10, 2024 7:22am Apr 10, 2024 7:22am
im still in my GU short since cancelled sl yesterday
put in a new sl
short trump and go long the deepstate
  • #820,867
  • Apr 10, 2024 7:23am Apr 10, 2024 7:23am
Quoting Whatevs
{quote} I want strong data, so it forces Japan to intervene for which reason I'm looking at USD/JPY first before anything. If data comes out strong and price spikes up on USD/JPY, then I'll be looking intently what will happen. If candle starts exhausting, then it's safe to assume Japan entered the market and started intervening. Alright... LET'S SEE THIS SHIT!
I'm already short UJ these levels.
Small position of course I'm not dumb.
ALso tight SL because of possible spike up
but if the thing starts be kicked from here, I want to see a short in this area which could never be visited for a long time

Let's see. Risking 0,1something% in this
90% of traders use TA, indicators and prediction
  • #820,868
  • Apr 10, 2024 7:23am Apr 10, 2024 7:23am
Quoting FulMargnAlch
Where's the positive excel profits, charts, and thread "+10 pips" when you need them the most. The people desire stimulation.
Some people oppose it.

So, I stopped it.
Intraday only.
  • #820,869
  • Apr 10, 2024 7:32am Apr 10, 2024 7:32am
Quoting Zebi
im still in my GU short since cancelled sl yesterday put in a new sl

Well done Zebi
Don't Leave Money on the Table
  • #820,870
  • Apr 10, 2024 7:32am Apr 10, 2024 7:32am
Yes yes yes
The drop is here
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yes yes yes
  • #820,871
  • Apr 10, 2024 7:34am Apr 10, 2024 7:34am
The GU / DXY response to the US CPI suggests that there won't be a rate cut anytime soon!
  • #820,872
  • Apr 10, 2024 7:35am Apr 10, 2024 7:35am
my buy stop at 151;97 got filled...had some slippage but I don't mind cause I closed my original long as insurance incase went the other way put in sl to protect profits don't want suzuki Kawasaki or honda taking em away from me

I'm loving it
Inserted Video
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short trump and go long the deepstate
  • #820,873
  • Apr 10, 2024 7:35am Apr 10, 2024 7:35am
Quoting DimoProFm
{quote} YES ....as a PRO I can tell where Mkt is heading to.... by merely looking at the chart ....... for example, now the Mkt maker is trading 4hr time frame and the exit price is btn 1.27750 and 1.28000 and its likely to be hit by NY MKT today at mkt close or ASIA and mkt must hit this zone before we can observe amkt reversal(downtrend) on Wednesday or thursday.......But this kind of analysis takes ages it can't be done by ordinary retail trader.....however, it can be learnt with specialized training and commitment.....Happy trading from the...
this statement seems so conclusive
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #820,874
  • Apr 10, 2024 7:36am Apr 10, 2024 7:36am
Quoting dantpm
The GU / DXY response to the US CPI suggests that there won't be a rate cut anytime soon!

you just figured that out
short trump and go long the deepstate
  • #820,875
  • Apr 10, 2024 7:38am Apr 10, 2024 7:38am
Quoting navk
{quote} what is poor number and what is good number in line with consensus ?
if the data is red which is poor we could have seen 128xx whilst green opens up below 126 potentially 125-12480 depends on how much movement on the spike
Insane in the Brain..
  • #820,876
  • Apr 10, 2024 7:39am Apr 10, 2024 7:39am
Quoting Zebi
{quote} you just figured that out

I said before the dollar is the almighty humungus

Inserted Video



all you insignificant nations bow down to the mighty dollar LOL
short trump and go long the deepstate
  • #820,877
  • Apr 10, 2024 7:40am Apr 10, 2024 7:40am
Quoting HaLBot
{quote} Well done Zebi
He exited USD/JPY longs... not impressed!







Joking Hahahahah

You were right Zebi and it was somewhat logical 152 has to give in, because the pile of orders below 152. it's easy to talk shit now that we saw the outcome, but yeah... removing SL's was the key.

Forecast for CPI Y/Y was first 3.5% and then they lowered it to 3.4%. If you ask me that was very intentional move from big players to lower CPI forecast to 3.4%, so USD can rally on this little difference of 0.1% in CPI Y/Y.
  • #820,878
  • Apr 10, 2024 7:43am Apr 10, 2024 7:43am
All out for now
300 $ profit on that move
Lost 412 $ on mf goldi so still in a daily loss
Fuck you goldi, i don't want to see no more
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yes yes yes
  • #820,879
  • Apr 10, 2024 7:43am Apr 10, 2024 7:43am
Quoting Whatevs
{quote} He exited USD/JPY longs... not impressed! Hahahahah You were right Zebi and it was somewhat logical 152 has to give in, because the pile of orders below 152. it's easy to talk shit now that we saw the outcome, but yeah... removing SL's was the key. Forecast for CPI Y/Y was first 3.5% and then they lowered it to 3.4%. If you ask me that was very intentional move from big players to lower CPI forecast to 3.4%, so USD can rally on this little difference of 0.1% in CPI Y/Y.
I got back in with a buy stop

Quoting Zebi
my buy stop at 151;97 got filled...had some slippage but I don't mind cause I closed my original long as insurance incase went the other way put in sl to protect profits don't want suzuki Kawasaki or honda taking em away from me I'm loving it https://youtu.be/LCcHrDMsfDg {image}
short trump and go long the deepstate
  • #820,880
  • Apr 10, 2024 7:45am Apr 10, 2024 7:45am
Quoting Zebi
{quote} I got back in with a buy stop {quote}
You're doing great... just pay attention to that intervention and that's it...
Well done, well done...
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