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Cable Update (GBPUSD)

  • #828,101
  • Jun 4, 2024 2:19am Jun 4, 2024 2:19am
add time and price reaction together you will get random behavior, which is very difficult for human brain to be at same place at same time everyday.

find 1 setup 1 time but dont expect same behavior always
Swing Trading // 1 SETUP # UNLIMITED PATIENCE
  • #828,102
  • Jun 4, 2024 2:28am Jun 4, 2024 2:28am
Quoting Moty
mf 2 !!!! {image} {image}
ty mister gj
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yes yes yes
  • #828,103
  • Jun 4, 2024 2:34am Jun 4, 2024 2:34am
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yes yes yes
  • #828,104
  • Jun 4, 2024 2:42am Jun 4, 2024 2:42am
Quoting Jade Gate
{quote} Ironically amusing, is it not? The bond market supply and demand, in the "free market", in keeping with the home of American capitalism, will actually determine what the US Fed does next. Not the Fed. And this in the land of "freedom" where legislators of both flavours are under no obligation whatsoever to toe the party line, each one acting as individuals having their own agency and able to be bought for a price (to ensure their own re-election or promotion). Which of course is why the political lobbying industry in Washington is so robust...

Hi Jade, watched a doco that must be at least 10 years old now about the US lobby industry(industry being the correct term lol) and at that time the starting wage for a junior lobbyist was 300k!!!! Just show how lucrative it is and how destructive it is to the people of America.
This might touch on your other comments in this post, Capitalists love capitalism when everything is going their way but resort to communism when they go belly up as in the GFC......."Bail us out, Bail us out"....
Don't Leave Money on the Table
  • #828,105
  • Jun 4, 2024 2:44am Jun 4, 2024 2:44am
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yes yes yes
  • #828,106
  • Jun 4, 2024 2:47am Jun 4, 2024 2:47am
Long 1.2785 SL 1.2765
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #828,107
  • Jun 4, 2024 2:50am Jun 4, 2024 2:50am
Quoting Yngwie
Long 1.2785 SL 1.2765
People don't plan to lose. They lose because they don't plan.
  • #828,108
  • Jun 4, 2024 2:51am Jun 4, 2024 2:51am
Quoting Luxyus
It start looking as a dollar day {image}
it did that yesterday too and then we saw a 100+ pip move north.
Insane in the Brain..
  • #828,109
  • Jun 4, 2024 3:12am Jun 4, 2024 3:12am
G/M, Asian hi (an upside follow-thru on y/day's dly bullish thrust close) is the present current dly hi but there has been a 1st downside b/o of the Asian lo in early London trading. Dly t/f shows where supply was encountered @ that Asian hi - the prev minor dly/4hr sw hi zone = prev res = pot res that leads up to 2823.

dly below
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Trader with an Edge.
  • #828,110
  • Jun 4, 2024 3:14am Jun 4, 2024 3:14am
All this move up is a liqudity hunting, only for scalp in and out, real move is down to 1.22 levels so please not be trapped, my few cents
People don't plan to lose. They lose because they don't plan.
  • #828,111
  • Jun 4, 2024 3:27am Jun 4, 2024 3:27am
Quoting BeeTogether
{quote} it did that yesterday too and then we saw a 100+ pip move north.
dunno man yesterday candle appears more likely a kill move
chaos is just unknown order
  • #828,112
  • Jun 4, 2024 3:29am Jun 4, 2024 3:29am
...buy the dip potential,? be looking for 30min+ bullish hidden div and some potential rbs .
Trader with an Edge.
  • #828,113
  • Jun 4, 2024 3:31am Jun 4, 2024 3:31am
Quoting Konichiwhaat
Mondays be like... {image} {image}
Tuesdays be like...
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Emotional Control. Process, not outcome.
  • #828,114
  • Jun 4, 2024 3:32am Jun 4, 2024 3:32am
Quoting ScalaFX
{quote}
i wonna see big daily engulfing candle and 1.26 tomarrow
People don't plan to lose. They lose because they don't plan.
  • #828,115
  • Jun 4, 2024 3:34am Jun 4, 2024 3:34am
Quoting Konichiwhaat
{quote} Tuesdays be like... {image} {image}
nice monster
People don't plan to lose. They lose because they don't plan.
  • #828,116
  • Jun 4, 2024 3:35am Jun 4, 2024 3:35am
Quoting ScalaFX
All this move up is a liqudity hunting, only for scalp in and out, real move is down to 1.22 levels so please not be trapped, my few cents
122 seems a long way away. For us to get there (if we avoid any noise from UK election as it seems to be priced in) Fed would have to say no cuts this year although a rise is possible and for BoE to commit to a few cuts this year.

this I can’t see happening however we may see low 124 area if any big US data events are green
Insane in the Brain..
  • #828,117
  • Jun 4, 2024 3:36am Jun 4, 2024 3:36am
For 15 pips
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yes yes yes
  • #828,118
  • Jun 4, 2024 3:38am Jun 4, 2024 3:38am
Quoting ScalaFX
{quote} nice monster
Yeah man, when he shows up, its usually a good time! haha
Emotional Control. Process, not outcome.
  • #828,119
  • Jun 4, 2024 3:40am Jun 4, 2024 3:40am
$ on a retrace before another bear attack.
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Compulsions can be hard to resist
  • #828,120
  • Jun 4, 2024 3:40am Jun 4, 2024 3:40am
...42pips drop from current dly hi so far.

4hr/1hr below
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Trader with an Edge.
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