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Cable Update (GBPUSD)

  • #826,681
  • May 22, 2024 11:57am May 22, 2024 11:57am
CADCHF LONG
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My telegram: https://t.me/avidforex
  • #826,682
  • May 22, 2024 12:02pm May 22, 2024 12:02pm
Quoting SmallGains
{quote} So I don't know if you answer messages or not so ill ask you here and if I'm not allowed as its not GBP ill not do it again but you mind looking at USD/CAD? Using the system you have...Thinking it has potential to hit the top trend line for 200 pips....maybe a SL at say 50 pips? Thesis is if USD get a pop then it will pop on this pair as well. Thanks, {image}
USDCAD is out of my trade zone. I like placing stop on monthly level and the monthly level is far below. The think black horizontal line
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My telegram: https://t.me/avidforex
  • #826,683
  • May 22, 2024 12:13pm May 22, 2024 12:13pm
Quoting BigNumbers
{quote} USDCAD is out of my trade zone. I like placing stop on monthly level and the monthly level is far below. The think black horizontal line {image}
Ah ok. Thank you for responding. Like alot of your calls and know i can learn a thing or alot of things from your system
  • #826,684
  • May 22, 2024 12:16pm May 22, 2024 12:16pm
Quoting Nordling
{quote} Price already ate that shoot up, it's nothing but a wick now in D1

looks like you were right
short trump and go long the deepstate
  • #826,685
  • May 22, 2024 12:19pm May 22, 2024 12:19pm
Quoting boodvah
Just dropping in. I forgot about the forum for a bit. Never stop evolving. {image}
accidentally picked the wrong thread haha
be a thinker before being a reacter
  • #826,686
  • May 22, 2024 12:30pm May 22, 2024 12:30pm
Back to near the day’s opening area. Maybe a move below 127 is still on if so 12650 I’m ready
Insane in the Brain..
  • #826,687
  • May 22, 2024 12:41pm May 22, 2024 12:41pm
A close below this high I marked and A BOS below the low I marked should send her
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be a thinker before being a reacter
  • #826,688
  • May 22, 2024 12:48pm May 22, 2024 12:48pm
Quoting Waveskierrob
{quote} Here we go ...who said billGU name 3 times... {image}
sorry i couldn't be here on monday or tuesday, some of us actually have other obligations, and are sadly unable to post here and jack off all day like you lot do
  • #826,689
  • May 22, 2024 12:53pm May 22, 2024 12:53pm
Quoting billGU
{quote} sorry i couldn't be here on monday or tuesday, some of us actually have other obligations, and are sadly unable to post here and jack off all day like you lot do
bill dont waste time here, you are to good for this thread
People don't plan to lose. They lose because they don't plan.
  • #826,690
  • May 22, 2024 1:10pm May 22, 2024 1:10pm
Quoting billGU
{quote} forgot your password and too dumb to figure out how emails work? we went over this earlier this year zebi, the GBP/USD exchange rate and the dollar index are different, why are you surprised cpi has a bigger effect on GBPUSD than DXY?
Bigger effect on GBP is ok, no effect on DXY is sus though. See the difference?

EURUSD also fell nicely after the UK CPI. Generally news that help GU also helps EU. The correlation between the EU and GU fell significantly today, which indicates that UK CPI shoot up was nothing but a HFT manipulation and numbers actually did disappoint.

And now price ate up that UK CPI news spike, d1 is back to where it started.

Have i told that UK CPI was weak earlier today? Hell yeah.
You have to have an IQ higher than 90 to interact with this user.
  • #826,691
  • May 22, 2024 1:12pm May 22, 2024 1:12pm
Quoting billGU
{quote} sorry i couldn't be here on monday or tuesday, some of us actually have other obligations, and are sadly unable to post here and jack off all day like you lot do
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  • #826,692
  • May 22, 2024 1:13pm May 22, 2024 1:13pm
Quoting Wavegarrick
{quote} Patience is turning out well here with my buy trades holding up. 1.2750 was achieved and a sturdy rejection above 1.2750 sent the price right down to levels that bears would be interested in. I don't look at it like that. Rejection signals will have to start from the daily to the weekly timeframe. I am still looking towards a test of my 78.6% fib retracement at 1.27655 and above towards my descending trendline. Trade Safe. Cheers. {image}
more buying opportunities to come
Compulsions can be hard to resist
  • #826,693
  • May 22, 2024 1:16pm May 22, 2024 1:16pm
Quoting Zebi2
{quote} looks like you were right
Thanks Zebi, nice to see you back!
You have to have an IQ higher than 90 to interact with this user.
  • #826,694
  • May 22, 2024 1:19pm May 22, 2024 1:19pm
Still want to see my red shooting star lol less than 45 min though to get it.

Some news tomorrow might spike it but I don't know why but I'm feeling bearish.
  • #826,695
  • May 22, 2024 2:00pm May 22, 2024 2:00pm
Quoting Zebi2
{quote} looks like you were right
is this the real zebi??
  • #826,696
  • May 22, 2024 2:01pm May 22, 2024 2:01pm
Quoting Nordling
{quote} Bigger effect on GBP is ok, no effect on DXY is sus though. See the difference? EURUSD also fell nicely after the UK CPI. Generally news that help GU also helps EU. The correlation between the EU and GU fell significantly today, which indicates that UK CPI shoot up was nothing but a HFT manipulation and numbers actually did disappoint. And now price ate up that UK CPI news spike, d1 is back to where it started. Have i told that UK CPI was weak earlier today? Hell yeah.
>no effect on DXY is sus though

alright, i'll put it like this, seeing as CPI was today:
the 'basket of goods' used to calculate CPI contains cigarettes, in the UK, the price of one pack of marlboro reds went from ~£11 to ~£16 in a few months, roughly a 45% increase in price. was CPI 45% a few months ago? no, because CPI is consumer price index, not cigarette price index - sure, it would have had an effect on CPI, but a negligible one, seeing as it is only one component. it's the same with DXY, which is essentially a 'basket of currencies', a change in the price of the pound due to news is much more drastic on the GBPUSD chart, since you are JUST looking at GBP against USD, however the DXY looks at 6 (weighted) currencies, with GBP only being 12% - hence why a big change in GBP doesn't result in an equally big change in DXY

now i'm hoping zebi will get it this time, but most likely it will go in one ear and out the other, then next month he will come here with the same shit, 'LOL look how weak GBP is! barely moved the dollar index! LOL!!!'
  • #826,697
  • May 22, 2024 2:02pm May 22, 2024 2:02pm
Quoting Godspromise
{quote} is this the real zebi??
He is better version 2.0 looks like lol. Obviously says new member but could be him.
  • #826,698
  • May 22, 2024 2:04pm May 22, 2024 2:04pm
Quoting billGU
{quote} >no effect on DXY is sus though alright, i'll put it like this, seeing as CPI was today: the 'basket of goods' used to calculate CPI contains cigarettes, in the UK, the price of one pack of marlboro reds went from ~£11 to ~£16 in a few months, roughly a 45% increase in price. was CPI 45% a few months ago? no, because CPI is consumer price index, not cigarette price index - sure, it would have had an effect on CPI, but a negligible one, seeing as it is only one component. it's the same with DXY, which is essentially a 'basket of currencies',...
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  • #826,699
  • May 22, 2024 2:09pm May 22, 2024 2:09pm
Quoting Godspromise
{quote} is this the real zebi??
probably is, just think about it; who the fuck else would want to be zebi?
  • #826,700
  • May 22, 2024 2:26pm May 22, 2024 2:26pm
Quoting BigNumbers
{quote} USDCAD is out of my trade zone. I like placing stop on monthly level and the monthly level is far below. The think black horizontal line {image}
GU only, is it so hard t.u?
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