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Cable Update (GBPUSD)

  • #825,681
  • May 14, 2024 4:43am May 14, 2024 4:43am
Quoting Pat Chiko
{quote} I think GJ is for SHORT set up. That's my newbie view only. But, all the best for your long.
My stats say: Sell, sell, sell. -But I don't want to rely on that BOJ guys. So sad but everyone except BOJ stands against that JPY small boy who is (still) protected by her mother BOJ but the bulliyng kids are getting more and more...

ok, and some retail traders stand for JPY boy...... LIKE PAT
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Mom says: God, dam*, gimme a break! - OR I BRING THE BASEBALL CLUB!
  • #825,682
  • May 14, 2024 4:44am May 14, 2024 4:44am
Quoting Nordling
The market overreacted to Pill's dovish comment bc of Chairman Bailey's hawkish comments were already priced in last week. Pill conflicted with the Chairman's POV, causing confusion in the market. GU short @ 1.2530
Mister Pill probably had some shorts that weren't doing so well. I wouldn't put it past those schmucks to speak based on their holdings.
  • #825,683
  • Edited 5:01am May 14, 2024 4:45am | Edited 5:01am
Quoting Mitiblotch
{quote} Mister Pill probably had some shorts that weren't doing so well. I wouldn't put it past those schmucks to speak based on their holdings.
LOL.
Anyway, Thanks Mr. Pill. I support your trading (style).
  • #825,684
  • May 14, 2024 5:08am May 14, 2024 5:08am
Quoting Pat Chiko
{quote} GU Bro. Thanks in advance. The set set up is well laid for scalping LONG. Hope this is will continue as EW3 I hlod.{image} {image}
GU

So, like, you know how it goes in forex trading, right?
It's like a never-ending game of manipulation.
It's always about those big players trying to mess with us retail traders, dragging us into the wrong side of trades.

But here's the thing: even when we're trying to go against the crowd and think we've got it figured out, there's always manipulation lurking around the corner.
Pure Price Action, though, can give us a sneak peek into what those institutional traders are up to.
Like, sometimes the setup is crystal clear, and we're like,
"Yeah, got this!"
But then there are those times when it's all murky because of those sneaky manipulation moves, messing with retail traders' positions and all.
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No matter how many indicators you throw into the mix, at the end of the day, it's all about understanding price action.
Those indicators?
Yeah, they're like playing catch-up, always lagging behind and giving us signals way too late to really do anything about it.
So, if you wanna stay ahead in the trading game, keep your eyes glued to price action, 'cause that's where the real story unfolds.

BTW, those ar my newbie view only, I may got it wrong.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #825,685
  • May 14, 2024 5:08am May 14, 2024 5:08am
V-Shape...mostly only seen on holiday move due to less market participants. Very dangerous to short due to lack of longs of the guys who shorted before (mostly uncovered shorts still in play). Just sit on your fingers before short - that is telling you someone who loves to trade counter trend. Cheers.
  • #825,686
  • May 14, 2024 5:12am May 14, 2024 5:12am
Quoting BeeTogether
{quote} 12530 or 12630? Market not liking Phil’s comments at all

Well from here we could still make it to the promised land


US PPI either 1.25 or 1.26
Don't Leave Money on the Table
  • #825,687
  • May 14, 2024 5:19am May 14, 2024 5:19am
Quoting HaLBot
{quote} Well from here we could still make it to the promised land US PPI either 1.25 or 1.26
Indeedy! 2 hours and 10 mins to go not that I’m counting
Insane in the Brain..
  • #825,688
  • May 14, 2024 5:22am May 14, 2024 5:22am
Quoting BeeTogether
{quote} Indeedy! 2 hours and 10 mins to go not that I’m counting

Don't Leave Money on the Table
  • #825,689
  • May 14, 2024 5:28am May 14, 2024 5:28am
Quoting HaLBot
{quote} Well from here we could still make it to the promised land US PPI either 1.25 or 1.26
1.2482
Its all just one persons opinion
  • #825,690
  • May 14, 2024 5:36am May 14, 2024 5:36am
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yes yes yes
  • #825,691
  • May 14, 2024 6:16am May 14, 2024 6:16am
Quoting Sammih
{quote} will gj follow suit?trade playing out {image}
trade playing out
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I'm high on trading, cant you tell?
  • #825,692
  • May 14, 2024 6:36am May 14, 2024 6:36am
Quoting Sammih
{quote} trade playing out {image}
Nice trade, hope touch your TP
  • #825,693
  • May 14, 2024 7:11am May 14, 2024 7:11am
Less than 20 mins have a frigging meeting at the same time I just hope they don’t ask any questions
Insane in the Brain..
  • #825,694
  • May 14, 2024 7:25am May 14, 2024 7:25am
Quoting Zebi
im short 2557...everything open for now will add shorts higher up
I didn't post it but placed a tp at 2530 before I went to bed so made 27 pips while I was sleeping...was taking a long time fall yesterday so that's why I did it

ill look to short again after PPI
short trump and go long the deepstate
  • #825,695
  • May 14, 2024 7:30am May 14, 2024 7:30am
holy shit!
  • #825,696
  • May 14, 2024 7:31am May 14, 2024 7:31am
Quoting Zebi
{quote} I didn't post it but placed a tp at 2530 before I went to bed so made 27 pips while I was sleeping...was taking a long time fall yesterday so that's why I did it ill look to short again after PPI
ppi good we could see 125
Insane in the Brain..
  • #825,697
  • May 14, 2024 7:33am May 14, 2024 7:33am
uj longs having a field day
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I'm high on trading, cant you tell?
  • #825,698
  • May 14, 2024 7:33am May 14, 2024 7:33am
Good Data.

Checkmate
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#Stay blue. /swinger/scalper/
  • #825,699
  • May 14, 2024 7:35am May 14, 2024 7:35am
Some manipulation going on, the data was very good. Not sure why GU going up? We are nearly at the area it dropped from
Insane in the Brain..
  • #825,700
  • May 14, 2024 7:40am May 14, 2024 7:40am
people prolly stunned by the big ass surprise in the core ppi and paralyzed to act LOL

haven't shorted yet but will...thing is UJ so fooked up again the Japanese may have to intervene again so that may be the drag on the dollar
short trump and go long the deepstate
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