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Cable Update (GBPUSD)

  • #832,721
  • Jul 18, 2024 2:32am Jul 18, 2024 2:32am
for 12 pips
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yes yes yes
  • #832,722
  • Jul 18, 2024 2:36am Jul 18, 2024 2:36am
Quoting Pat Chiko
GU Try, Scalp short{image}
GU

17 hours scalping continue for valid exit point
Partial TP taken.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #832,723
  • Jul 18, 2024 2:45am Jul 18, 2024 2:45am
Quoting Zebi
here i marked with arrows the conservative governments you elected and see what damage they did to your currency and standard of living ...you like blaming the current liberal government but they saving the aussie from oblivion cause us yanks and me especially would love to short your dollar till its worth 10 cents LOL so remember if youre gona talk shit post some charts proving your point like i do otherwise STFU cause youre an annoying twit your aussie chart is self explanatory...i hope you elect another braindead conservative govenment so we...

The Howard years 1996 to 2007 was our most prosperous in a generation. The Aussie 1996 was 81 cents then in 2001 it had dropped to 48 cents and at the end of Howards term in 2007 it was at 88 cents.
Labour took over and it was a total disaster as the fools got into the area of identity politics and wokeness before anyone had any idea what wokeness was... Known as the Rudd Gillard Rudd years as they kept sacking the prime minister, a debarcle on an epic scale
As I said Howard years very stable and properous. Labour a complete disaster then the conservatives came in who were no where near as good as Howards government but had to fix up a lot of shit from the previous government and now the latest Labour government is a shocker and Albo the Prime Minister is the worst prime minister we've ever had, the guy is a total idiot and will probably be a one termer so there is so much more to a country than just the currency....
Sorry to spoil your hopes mate but Australia being a very rich country will never be at 10 cents to the US dollar, I'd prefer our dollar to be around the 75 to 80 cent range
Don't Leave Money on the Table
  • #832,724
  • Jul 18, 2024 2:53am Jul 18, 2024 2:53am
Quoting Zebi
{quote} the only reason the debts so high is republicans have a pathological desire to cut taxes on the rich and call it supply-side economics...george bush senior called it Vodoo economics back in the 80's....clinton had the best economic growth of modern day presidents cause he raised taxes...i already went thru this weeks ago and posted screenshots of what presidents GDP was....you can look it up in my profile or on google Eisenhower didn't do so badly either in the 50's and that's what everyone considers the best era to have lived in and the...

Yes I agree trickle down ideology is total bullshit and the rich can pay more in taxes but they pay the lawyers, accountants and lobbyists to rig the system in their favor...my opinion is no one should pay anymore to the government than 30% no matter who you are but we know the rich pay a lot less than that
The neocons were a terrible time in Americas history for sure
Don't Leave Money on the Table
  • #832,725
  • Jul 18, 2024 2:57am Jul 18, 2024 2:57am
Quoting Pat Chiko
{quote} GU 17 hours scalping continue for valid exit point Partial TP taken.{image}
if it does break we end up by the opening of the week again lol… like Mufasa and Simba
Insane in the Brain..
  • #832,726
  • Jul 18, 2024 3:01am Jul 18, 2024 3:01am
Quoting HaLBot
{quote} The Howard years 1996 to 2007 was our most prosperous in a generation. The Aussie 1996 was 81 cents then in 2001 it had dropped to 48 cents and at the end of Howards term in 2007 it was at 88 cents. Labour took over and it was a total disaster as the fools got into the area of identity politics and wokeness before anyone had any idea what wokeness was... Known as the Rudd Gillard Rudd years as they kept sacking the prime minister, a debarcle on an epic scale As I said Howard years very stable and properous. Labour a complete disaster then...

hal..i don't know if I said this here before but I look at the currency chart as if it was company and trade it as if it was a stock chart

the president or prime minister as the CEO and GDP as earning of the company

its a lot easier to visualize the chart for me to think of it this way instead of running around whimpering about rate hikes and cuts LOL

during clintons presidency the fed cut rates several times and the dollar went up cause he was good for the economy and made profits with GDP

so anyways that's how I look at it...conservatives have lousy earnings cause they invariably cut taxes which cuts revenues for their "business" and causes the currency to fall like a stock with less revenue that's why tax hikes are always good for the currency

there's more than just rates when it comes to currencies
short trump and go long the deepstate
  • #832,727
  • Jul 18, 2024 3:01am Jul 18, 2024 3:01am
G/M, another bullish dly close y/day - a bullish-bodied hammer though. Today so far 6am GMT Uk data saw some movement down past Asian lo, then a bounce up. Asian hi is presently current dly hi.

1hr below
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Trader with an Edge.
  • #832,728
  • Jul 18, 2024 3:04am Jul 18, 2024 3:04am
GOLD

Short set up

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #832,729
  • Jul 18, 2024 3:11am Jul 18, 2024 3:11am
Quoting Zebi
{quote} hal..i don't know if I said this here before but I look at the currency chart as if it was company and trade it as if it was a stock chart the president or prime minister as the CEO and GDP as earning of the company its a lot easier to visualize the chart for me to think of it this way instead of running around whimpering about rate hikes and cuts LOL during clintons presidency the fed cut rates several times and the dollar went up cause he was good for the economy and made profits with GDP so anyways that's how I look at it...conservatives...

In my country before the Howard years there was the Labour Hawke/Keating era and they did a lot of good things economically which benefited Howard
Hawke was an interesting character, union boss who was also a Rhodes scholar, what a combination and then Keating who was highly intelligent but also came across as very arrogant...
So i'm saying not all Labour governments are terrible and if they could just stay away from identity politics it would be a whole lot better for everyone
Don't Leave Money on the Table
  • #832,730
  • Jul 18, 2024 3:19am Jul 18, 2024 3:19am
Quoting Headland
G/M, another bullish dly close y/day - a bullish-bodied hammer though. Today so far 6am GMT Uk data saw some movement down past Asian lo, then a bounce up. Asian hi is presently current dly hi. 1hr below {image}
with some UK data this morning and a miss in the claimants numbers we saw a bit of a drop. The Asian Lows of 12983 looks pretty safe for time being. There is a potential we could see another move from the US data at 1.30 pm UK time which could if green bring the pair to test the Asia lows. Aside from that it seems to be a limited range day. Both Highs and Lows seem intact for the time being
Insane in the Brain..
  • #832,731
  • Jul 18, 2024 3:24am Jul 18, 2024 3:24am
...the current dly lo found support just into that prev 4hr/dly sw hi zone that starts @ 2995 (from July 2023,) and this on dly extends down to circa 2936, = prev res = pot rbs. Also on 4hr just under current dly lo a more immediate/recent prev sw hi zone (of the recent move up,) that starts @ 2978, = prev res = pot rbs.

There is a pattern of 1hr bullish hidden div present @ current dly lo which might stay valid on any deeper drop so long as price stays above 2968.

4hr (with 10/20/40 ema crosses graphic) below
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Trader with an Edge.
  • #832,732
  • Jul 18, 2024 3:31am Jul 18, 2024 3:31am
again for 12 pips
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yes yes yes
  • #832,733
  • Jul 18, 2024 3:52am Jul 18, 2024 3:52am
GJ

Try scalping LONG for 13 pips.....
Hope got some luck
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #832,734
  • Jul 18, 2024 4:10am Jul 18, 2024 4:10am
Quoting Pat Chiko
GJ Try scalping LONG for 13 pips..... Hope got some luck{image} {image}
I would like to buy this, too. Looking at a lower price around 202.08268
  • #832,735
  • Jul 18, 2024 4:29am Jul 18, 2024 4:29am
...a new current dly lo, again near top of that prev 4hr/dly sw hi zone that started @ 2995 = prev res = pot rbs / 23.6% fib, around last wk's hi.

Although there is a pattern of 1hr bullish hidden div @ current dly, lo as mentioned in a post above, it comes @ what will be a L on the next higher t/f (4hr,) as opposed to a HL (into whose uptrend it would be an entry after a p/back,) - so not optimum. (This distinction holds good across any t/f combo re hidden div.)

4hr below
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Trader with an Edge.
  • #832,736
  • Jul 18, 2024 4:36am Jul 18, 2024 4:36am
Quoting Zebi
{quote} the only reason the debts so high is republicans have a pathological desire to cut taxes on the rich and call it supply-side economics...george bush senior .........paid for college for the returning vets
Dunno about you but I consider myself as middle class and my taxes during 2017 - 2020 were the lowest (based on annual reported income of $155k with 14.8% taxes paid).
Under Bush and Clinton, I was paying 28%...same deductions.
Since Biden, my rate went up to 31%.
Nothing changed with my income and deductions, just my age.
Lost....
  • #832,737
  • Jul 18, 2024 4:36am Jul 18, 2024 4:36am
By observe current flow of markets. It looks like it will drop further when US data release today. Looking to find one setup after New York session today
With courage, patience, and discipline, success is a matter of time.
  • #832,738
  • Jul 18, 2024 4:45am Jul 18, 2024 4:45am
...you can see the potential visible upside obstacles on chart below. Bulls trying to overcome 1st one now - the pot 1hr sbr

1hr below
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Trader with an Edge.
  • #832,739
  • Jul 18, 2024 4:52am Jul 18, 2024 4:52am
First trade in the new system
H1 macd histogram turns red
Short entry at 1.29900
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yes yes yes
  • #832,740
  • Jul 18, 2024 5:00am Jul 18, 2024 5:00am
Quoting eyefeelsix
{quote} Gold, it's just a theory with a real-time dumb entry {image}

Gold, wake me up later if I can get rich in one night

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