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Cable Update (GBPUSD)

  • #821,222
  • Apr 12, 2024 2:39am Apr 12, 2024 2:39am
Mf !!!!!!
Let's see how you will handle with round numbers
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yes yes yes
  • #821,223
  • Apr 12, 2024 2:40am Apr 12, 2024 2:40am
Now that Gold chart has advanced, probably going beyond 2485 at least
POSTMASTER
  • #821,224
  • Apr 12, 2024 2:42am Apr 12, 2024 2:42am
Quoting Whatevs
GBP/USD 1.246 S1 1.223 S2 ~1.21 S3 EUR/USD 1.074 S1 1.068 S2 1.063 S3 EUR/USD a few pips from first Support.
EUR/USD S2 Hit.

S3 1.063. Beyond that... it's looking like parity and below.
  • #821,225
  • Apr 12, 2024 2:43am Apr 12, 2024 2:43am
Quoting HaLBot
{quote} Anyone know/understand the reason US dollar so strong yet gold just pumps and pumps
America only knows.
British does not know. Neither we.
Lol
Intraday only.
  • #821,226
  • Apr 12, 2024 2:44am Apr 12, 2024 2:44am
ECB'S STOURNARAS: NOW IS THE TIME TO DIVERGE FROM THE FED.

ECB'S STOURNARAS: THERE'S A RISK INFLATION WILL UNDERSHOOT 2%.

ECB'S STOURNARAS REITERATES CALL FOR FOUR RATE CUTS IN 2024.

As said... ECB will start cutting rates in June.

However, I still believe Fed will start cutting in June along with BOE.
Something will happen, something we don't know about yet that will force them all to cut in June.
  • #821,227
  • Apr 12, 2024 2:44am Apr 12, 2024 2:44am
Off to work back later
Insane in the Brain..
  • #821,228
  • Apr 12, 2024 2:50am Apr 12, 2024 2:50am
dxy is facing resistance. lets see in hours. bought gbpusd and sold usdjpy.
  • #821,229
  • Apr 12, 2024 2:53am Apr 12, 2024 2:53am
i feel foolish pointing this out again to a room full of trading experts but price is at longterm support on weekly

I mentioned this the other day when I referenced the 3inside up a colleague pointed out but was wrong cause of location

Quoting Zebi
{quote} ok gentlemen...i got a daily sell signal on EU earlier and a 4H sell on GU at NY close so I'm glad I decided to hold overnite shorts my system says bonzeys 3 inside up daily and weekly signals will get retraced this week...there's gonna have to be a monumental miss tmoro for that not to happen {quote} {quote} my heckler and rival bonzey knows all the names of candle patterns like 3 inside up on daily and inverted hammer on weekly and 3 black crows but he just doesn't know how to trade them LOL 3 inside ups and 3 outside ups are only...
so that's why I'm bullish temporarily just for the obligatory bounce off of support
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short trump and go long the deepstate
  • #821,230
  • Apr 12, 2024 2:58am Apr 12, 2024 2:58am
https://www.forexfactory.com/attachm...w?_=1712908538
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dxy facing resistance
  • #821,231
  • Edited 3:10am Apr 12, 2024 2:59am | Edited 3:10am
https://www.forexfactory.com/attachm...w?_=1712908766
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  • #821,232
  • Apr 12, 2024 3:00am Apr 12, 2024 3:00am
Quoting Zebi
i feel foolish pointing this out again to a room full of trading experts but price is at longterm support on weekly I mentioned this the other day when I referenced the 3inside up a colleague pointed out but was wrong cause of location {quote} so that's why I'm bullish temporarily just for the obligatory bounce off of support {image}

went long GU 2519 ...no sl yet tp my zebi targets from yesterday
short trump and go long the deepstate
  • #821,234
  • Edited 3:23am Apr 12, 2024 3:02am | Edited 3:23am
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  • #821,239
  • Apr 12, 2024 3:11am Apr 12, 2024 3:11am
Quoting Whatevs
ECB'S STOURNARAS: NOW IS THE TIME TO DIVERGE FROM THE FED. ECB'S STOURNARAS: THERE'S A RISK INFLATION WILL UNDERSHOOT 2%. ECB'S STOURNARAS REITERATES CALL FOR FOUR RATE CUTS IN 2024. As said... ECB will start cutting rates in June. However, I still believe Fed will start cutting in June along with BOE. Something will happen, something we don't know about yet that will force them all to cut in June.
a reason could be too much USD strength and risk of explosion of debt around the whole world.
together with not really a good overall economy growth which numbers say is good, but looks like we are going back to 60's

LOL
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