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Cable Update (GBPUSD)

  • #821,021
  • Apr 11, 2024 3:14am Apr 11, 2024 3:14am
Quoting GODofMC
{quote} dead car bounce has nine lives. May possible 12580
sure
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chaos is just unknown order
  • #821,022
  • Apr 11, 2024 3:19am Apr 11, 2024 3:19am
Quoting Luxyus
{quote} sure {image}

Beat me too it
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Don't Leave Money on the Table
  • #821,023
  • Apr 11, 2024 3:30am Apr 11, 2024 3:30am
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
Market plays stupid but always goes back to reality that's downtrend...simply bcoz 1.0350 low is way too far from current price, has to fill at least some of that gap before trying higher..if ever again
Daily/Weekly/Monthly Charts. https://www.cashbackforex.com/#aid_10611
  • #821,024
  • Apr 11, 2024 3:30am Apr 11, 2024 3:30am
Oil up
lets see where it will stop
90% of traders use TA, indicators and prediction
  • #821,025
  • Apr 11, 2024 3:41am Apr 11, 2024 3:41am
placed a couple @1.2565
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chaos is just unknown order
  • #821,026
  • Apr 11, 2024 3:42am Apr 11, 2024 3:42am
Morning wood going back down again lol.

or just waiting for another arousal

I still have 126 as TP if we get there before data.
Insane in the Brain..
  • #821,027
  • Apr 11, 2024 3:48am Apr 11, 2024 3:48am
Quoting BeeTogether
Morning wood going back down again lol. or just waiting for another arousal I still have 126 as TP if we get there before data.
  • #821,028
  • Apr 11, 2024 3:57am Apr 11, 2024 3:57am
Quoting Waveskierrob
{quote}
looks like morning glory time is over back to perving on nakedforexbabes.com
Insane in the Brain..
  • #821,029
  • Apr 11, 2024 4:05am Apr 11, 2024 4:05am
Quoting Luxyus
placed a couple @1.2565 {image}
scalped ~15 fatty pips, with this shitty PA be quick or be dead
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chaos is just unknown order
  • #821,030
  • Apr 11, 2024 4:06am Apr 11, 2024 4:06am
Some fighting talk about rate cuts in the UK

https://www.reuters.com/markets/rate...YrJrtJaKNAQ5Ig
Insane in the Brain..
  • #821,031
  • Apr 11, 2024 4:16am Apr 11, 2024 4:16am
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yes yes yes
  • #821,032
  • Apr 11, 2024 4:19am Apr 11, 2024 4:19am
Quoting _BBKing_
{quote} mkt maker is trading 4h time frame? mkt must hit this zone? You really have great dreams. Tell us when you wake up and come back to the real world.

Go to 4h chart Now and see what mkt did yesterday ...it was simply trading 4h pullback behind the NEWS as a catalyst to create volatility and not changing trend to downtrend and that move ended yesterday with NY Reversing uptrend at NY MKT CLOSE ........unfortunately you can still find NOVICE TRADERS with there bogus indicators taking sell entries now INSTEAD OF BOOKING BUY ENTRIES because mkt now is in BUYING ZONE AND NOT SELL ZONE.......Its only retail traders now that are selling..booking sell entries... the mkt maker is accumulating BUY CONTRACTS now and who moves the mkt? its mkt maker not retail trader.Happy trading.
  • #821,033
  • Apr 11, 2024 4:19am Apr 11, 2024 4:19am
Quoting Luxyus
{quote} sure {image}
at least just minus 10 pips
Owh sheet. Bad typo
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #821,034
  • Apr 11, 2024 4:21am Apr 11, 2024 4:21am
Quoting BeeTogether
Some fighting talk about rate cuts in the UK https://www.reuters.com/markets/rate...YrJrtJaKNAQ5Ig
the news is already priced in
Sterling Remains Below $1.26 After BoE Greene Remarks
United Kingdom Currency
The British pound stabilized just below the $1.26 mark as investors absorbed remarks by a Bank of England official and evaluated the global monetary policy outlook following the release of a stronger-than-expected US inflation print. Policymaker Megan Greene asserted that rate cuts in the UK should still be distant, citing a greater threat of inflation persistence in the UK compared to the US. Traders have adjusted their forecasts for interest rate cuts this year after Wednesday's US data, now expecting just two quarter-point cuts by the BoE. The Bank Rate is now anticipated to decline to around 4.75% by the end of 2024, down from today's 5.25%, a shift from the previous expectation of a drop to 4.5% by December.
105 minutes ago
chaos is just unknown order
  • #821,035
  • Apr 11, 2024 4:21am Apr 11, 2024 4:21am
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  • #821,036
  • Apr 11, 2024 4:33am Apr 11, 2024 4:33am
Quoting T721
{quote} I get the impression you will be selling something soon. Am i wrong ??? Looks like you are trying to hook newbies to me

I have nothing to sell here......watch the space....... and am not here to recruit anyone into anything......but am simply sharing my knowledge and experience in this industry that came at a cost!!!! .........to help you improve your trading and create wealth and one day!!! you will thank my grandchildren..... if you ever meet them. Happy trading.
  • #821,037
  • Apr 11, 2024 4:38am Apr 11, 2024 4:38am
sadly, it s time to use again superpower ignore button. It should be a better forum without all these junky personalism.
chaos is just unknown order
  • #821,038
  • Apr 11, 2024 4:47am Apr 11, 2024 4:47am
Quoting DimoProFm
{quote} I have nothing to sell here......watch the space....... and am not here to recruit anyone into anything......but am simply sharing my knowledge and experience in this industry that came at a cost!!!! .........to help you improve your trading and create wealth and one day!!! you will thank my grandchildren..... if you ever meet them. Happy trading.
so far its been profitable going against you
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #821,039
  • Apr 11, 2024 4:52am Apr 11, 2024 4:52am
Quoting DimoProFm
{quote} Go to 4h chart Now and see what mkt did yesterday ...it was simply trading 4h pullback behind the NEWS as a catalyst to create volatility and not changing trend to downtrend and that move ended yesterday with NY Reversing uptrend at NY MKT CLOSE ........unfortunately you can still find NOVICE TRADERS with there bogus indicators taking sell entries now INSTEAD OF BOOKING BUY ENTRIES because mkt now is in BUYING ZONE AND NOT SELL ZONE.......Its only retail traders now that are selling..booking sell entries... the mkt maker is accumulating...
maybe
for what I see, it's just you personal view about how a price develops which can be correct of course. but stating things about market makers IMO is just a way to emphasize a sentence since nor me and probably nor you know anything about market makers.
or better, what we can know is that price floats between orders so if required to fill some orders higher or lower, price will be most likely get there.
but this, is just a perception one understands after some time in charts, that's true. but still, we are not allowed to know the whole picture, so for example knowing how many unfilled lots shorts were yesterday near 1.27. and also we don't know how many orders are buying at this price area, for what reason, and for which target in sight.

Yesterday, I was long, and got about 1% loss because I closed the position since went far more down than what I personally expected considering the data outcome.

that tells me price is going lower. that's it. looks to me, we are going under the 1.25. then, after that, time will tell where we find more rejection upward and if it will be confirmed by fundamentals or not.

what moves market is not just orders. they are there and provide liquidity, but then they come closed or added depending on the fundamental develops.

just my 2 cent
90% of traders use TA, indicators and prediction
  • #821,040
  • Apr 11, 2024 4:59am Apr 11, 2024 4:59am
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