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Cable Update (GBPUSD)

  • #820,961
  • Apr 10, 2024 11:51am Apr 10, 2024 11:51am
I better close it whole
steep move with no pullbacks

Lost 1% so it’s everything ok
90% of traders use TA, indicators and prediction
  • #820,962
  • Apr 10, 2024 11:52am Apr 10, 2024 11:52am
Quoting Moty
{image}
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yes yes yes
  • #820,963
  • Apr 10, 2024 12:09pm Apr 10, 2024 12:09pm
Quoting Coreg2004
{quote} BT, on Monday after the close (meek follow thru) I decided to trade to the upside (still the A leg is weird) at least to 1.2674 (38.2%). In March the NY session was tough to trade. 14,18 and 9 pips on Mar, 13 after being in the market for 4.5H, and I've done everything by the book. Hey, it's day trading. Expect unexpected.{image} {image}
A weak abc retracement to point B that didn't reach even 50% @1.2717. Possible drop to AB=CD @1.2354
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intraday...
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Always trade your own plan...I don't provide trading signals.
  • #820,964
  • Apr 10, 2024 12:20pm Apr 10, 2024 12:20pm
Looks like MR PRO CHART READER from the PRO DESK has been online but doesn't want to answer my posts...
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  • #820,965
  • Apr 10, 2024 12:24pm Apr 10, 2024 12:24pm
Gone long at 12546 maybe a retrace to 126
Insane in the Brain..
  • #820,966
  • Apr 10, 2024 12:26pm Apr 10, 2024 12:26pm
im back....ill be eating good in the zebi household in a few days with homecooked meals

I placed sell limits at 2580 and 2585
I may take em off if I get a buy signal in 30 minutes on hourly chart...if not than ill leave em in for the dead cat bounce
short trump and go long the deepstate
  • #820,967
  • Apr 10, 2024 12:33pm Apr 10, 2024 12:33pm
I think the market reacted too strongly to CPI news. The level of 1.25385 is considered a consolidation level for GU's short-term uptrend. But if this level does not hold after 0:00 London time tonight, GU will continue to be beaten to lower levels in the following days. Level 1.2500 - 1.2450 during the bear phase.
  • #820,968
  • Apr 10, 2024 12:37pm Apr 10, 2024 12:37pm
Quoting Zebi
just closed UJ at 152;66 will look to buy again around 152.40
i felt bad when i got out of UJ at 152.66 and it went up another 30 pips but happy at this moment....i learned long time ago to trust my signals...nobody is quick enough to get out at the highs or lows without using limit orders ...anyone that tries saying otherwise is lying LOL

still bullish UJ and will buy lower
short trump and go long the deepstate
  • #820,969
  • Apr 10, 2024 12:44pm Apr 10, 2024 12:44pm
as boolish as i am the dollar i never would have imagined a candle like that LOL

don't waste your time gentlemen trying to analyze countries shit currencies just look at and analyze this bad ass
that's 4H chart
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short trump and go long the deepstate
  • #820,970
  • Apr 10, 2024 12:50pm Apr 10, 2024 12:50pm
Quoting Coreg2004
{quote} A weak abc retracement to point B that didn't reach even 50% @1.2717. Possible drop to AB=CD @1.2354{image} intraday...{image} {image}
updated the 30M chart.
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Always trade your own plan...I don't provide trading signals.
  • #820,971
  • Apr 10, 2024 12:56pm Apr 10, 2024 12:56pm
Quoting Zebi
as boolish as i am the dollar i never would have imagined a candle like that LOL don't waste your time gentlemen trying to analyze countries shit currencies just look at and analyze this bad ass that's 4H chart {image}

the daily dollar chart gona give me a buy signal as long as doesn't close below its midpoint... this isn't one of those dipshit calls cause its a big shiny green candle LOL...its based on TA

there's just one thing I got to say to the dollar haters....

Inserted Video


I couldn't find a Wednesday addams clip so this will have to do LOL
short trump and go long the deepstate
  • #820,972
  • Apr 10, 2024 1:00pm Apr 10, 2024 1:00pm
The US sees missile strike on Israel by Iran, proxies as imminent

If this shit becomes a reality, then we're looking to sell GBP/USD and ask questions later.

This would mean US going into a war against Iran.

However, step by step... TA first!
  • #820,973
  • Edited 2:12pm Apr 10, 2024 1:11pm | Edited 2:12pm
20, 50, 200 EMA always plays an important role.
Just check any TF.
You will only sell in NY session.
Buy in Asian session
Intraday only.
  • #820,974
  • Apr 10, 2024 1:13pm Apr 10, 2024 1:13pm
Quoting Wavegarrick
{quote} So why hold onto your drawdown from a year and a half plus ago at 1.197. Hate to see your swap fees.
Hi Leon fancy going halves on a submarine...
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  • #820,975
  • Apr 10, 2024 1:44pm Apr 10, 2024 1:44pm
Quoting Waveskierrob
{quote} Hi Leon fancy going halves on a submarine...{image}
Hey, you lost the plot a long time ago and I am just starting to lose it. Perhaps we are similar traders afteralll
Trade to trade another day
  • #820,976
  • Apr 10, 2024 1:47pm Apr 10, 2024 1:47pm
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...
Hahaha ...i didn't know that traders here are Novice traders ....i thought am dealing with pros who can interpret the information given and can analyze a chart to know if mkt has reversed or is revising AND NOT MEETING the targets.....read my quote above I said there will be mkt reversal on Wednesday or Thursday.....given the High impact news on Wednesday at 3:30 pm that was enough time to analyze the market for changes and book 160 pips that we had already made....
....am not here to teach you TECHNICAL ANALYSIS,FUNDAMENTAL ANALYSIS,MKT MAKER MKT PYSCHOLOGY....GO ACQUIRE KNOWLEDGE FIRST and come back and trade....this is not a place to GAMBLE....ME MY TRADES ARE STILL RUNNING and will start exiting some of my positions next week...
  • #820,977
  • Apr 10, 2024 2:05pm Apr 10, 2024 2:05pm
Quoting DimoProFm
{quote} Hahaha ...i didn't know that traders here are Novice traders ....i thought am dealing with pros who can interpret the information given and can analyze a chart to know if mkt has reversed or is revising AND NOT MEETING the targets.....read my quote above I said there will be mkt reversal on Wednesday or Thursday.....given the High impact news on Wednesday at 3:30 pm that was enough time to analyze the market for changes and book 160 pips that we had already made.... ....am not here to teach you TECHNICAL ANALYSIS,FUNDAMENTAL ANALYSIS,MKT...
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  • #820,978
  • Apr 10, 2024 2:13pm Apr 10, 2024 2:13pm
seems to me the move is quite oversized compared to the trigger. Isn’t it?
I mean: ok I was wrong with that long but had a small size to eventually increase lower and was ready to reverse my trade in case of stunning green CPI.
but we are into a 0.1% change,
ok the impulse, the fear, blah blah.

guess the market is pricing in something more than that 0.1%
oil still rising btw, despite strong USD and bad inventories showing for the third time in a row decreasing in demand.
this maybe the main reason since as long as oil will keep rising, inflation will follow of course.

well, hopefully it’s a trend start to follow some more 300/400 pips in next days /weeks
90% of traders use TA, indicators and prediction
  • #820,979
  • Apr 10, 2024 2:16pm Apr 10, 2024 2:16pm
About Gold . Gold always rises, trend no trend, because of war and so on. If we speak about war and some bad news gold will rise with any trend down .
  • #820,980
  • Apr 10, 2024 2:18pm Apr 10, 2024 2:18pm
Quoting T721
{quote} This is the divergence i was wanting to show you all. back test it and see the results. Notice the blue lines at the bottom on gu and eu.... then look at dxy {image}
Another example of why its better to have 3charts to spot the divergence --- GU n EU was awesome today for me. wish i had bought DXY too But didnt wanna 3x my risk
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