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Cable Update (GBPUSD)

  • #834,061
  • Aug 1, 2024 10:49am Aug 1, 2024 10:49am
Quoting Pat Chiko
{quote} On serious note,..... I swear There is no Greater Trader than Nancy Pelosi.{image} She bought the dip in Nvidia NVDA and sold Microsoft MSFT just before their earnings plunge. The greatest trader of our generation!!{image} How did she know the Microsoft earnings would be negative. Mind blowing From now on, the only person worth copy trading, since Pelosi always has a stark advantage in the distribution of knowledge. P/S anyone got Pelosi number for me to call ?

Not only that she hasn't been sober for 30 years, with that sort of record she's been raised to 'Legendary Trader Status'

JFK met Nancy who was pretty hot in her day and I always wondered did he bang her
Don't Leave Money on the Table
  • #834,062
  • Aug 1, 2024 10:53am Aug 1, 2024 10:53am
Quoting navk
long 2768 stop 2765.
I am not going to close this.

let it hit stop.
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Intraday only.
  • #834,063
  • Aug 1, 2024 10:59am Aug 1, 2024 10:59am
Quoting HaLBot
{quote} Not only that she hasn't been sober for 30 years, with that sort of record she's been raised to 'Legendary Trader Status' JFK met Nancy who was pretty hot in her day and I always wondered did he bang her
You got me curious, so I looked her up on Wiki, and she was in Washington DC during Kennedy’s somewhat brief tenure as president.
The odds are very much against it, someone who could snap his fingers and get Marilyn Monroe wouldn’t stoop to a congressional intern.

Strangers things have happened though.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #834,064
  • Aug 1, 2024 11:03am Aug 1, 2024 11:03am
Quoting Pat Chiko
{quote} You got me curious, so I looked her up on Wiki, and she was in Washington DC during Kennedy’s somewhat brief tenure as president. The odds are very much against it, someone who could snap his fingers and get Marilyn Monroe wouldn’t stoop to a congressional intern. Strangers things have happened though.{image}

Nah he banged her for sure

33 chicks in 33 months she had to be one of them....
Don't Leave Money on the Table
  • #834,065
  • Aug 1, 2024 11:11am Aug 1, 2024 11:11am
Quoting Pat Chiko
{quote} On serious note,..... I swear There is no Greater Trader than Nancy Pelosi.{image} She bought the dip in Nvidia NVDA and sold Microsoft MSFT just before their earnings plunge. The greatest trader of our generation!!{image} How did she know the Microsoft earnings would be negative. Mind blowing From now on, the only person worth copy trading, since Pelosi always has a stark advantage in the distribution of knowledge. P/S anyone got Pelosi number for me to call ?
Pat, I think investing.com removed the article about her genius trading MSFT and NVIDIA. I can't find it now.
Always trade your own plan...I don't provide trading signals.
  • #834,066
  • Aug 1, 2024 11:18am Aug 1, 2024 11:18am
The battle of 2766 has been raging for the past one hour with the bears refusing to budge. But one party must take it at the end while we keep watching
  • #834,067
  • Aug 1, 2024 11:24am Aug 1, 2024 11:24am
Quoting Obdyx
The battle of 2766 has been raging for the past one hour with the bears refusing to budge. But one party must take it at the end while we keep watching

The bulls have lost it and so, 2750 here we come
  • #834,068
  • Aug 1, 2024 11:27am Aug 1, 2024 11:27am
Quoting HaLBot
{quote} Not only that she hasn't been sober for 30 years, with that sort of record she's been raised to 'Legendary Trader Status' JFK met Nancy who was pretty hot in her day and I always wondered did he bang her
HalBot, don't forget HRC who made 100K trading live cattle with a 1k account. Even Larry Williams said he couldn't do it. Poor $hmack broker lost his license for one year after admitting it was an error.
Always trade your own plan...I don't provide trading signals.
  • #834,069
  • Aug 1, 2024 11:28am Aug 1, 2024 11:28am
Quoting Obdyx
The battle of 2766 has been raging for the past one hour with the bears refusing to budge. But one party must take it at the end while we keep watching

Since Cable hit 1.2840 2 and a half hours ago there has been EG buying helping to drag cable lower, must always keep an eye on EG which I failed to do this time around....
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Don't Leave Money on the Table
  • #834,070
  • Aug 1, 2024 11:34am Aug 1, 2024 11:34am
Quoting HaLBot
{quote} Nah he banged her for sure 33 chicks in 33 months she had to be one of them....
HalBot, google this name Ellen Rometsch.
Always trade your own plan...I don't provide trading signals.
  • #834,071
  • Aug 1, 2024 11:34am Aug 1, 2024 11:34am
Quoting Georginson
{quote} This move is a big shock to many traders, the market is heavily manipulated and we always have to deal with it. Only the strong and disciplined can survive this market.
Quoting dempire1
{quote} what the hell are you talking about and what the hell are people liking this shitpost? What manipulated? Have you read news? Did you see yesterday Fed monetary policy meeting? Wake up!
Trying to understand where the common ground for the disagreement.

Georginson is suggesting that the MARKET is heavily manipulated.
While market manipulation is possible, it would require a concerted effort among several major banks to coordinate their algorithms effectively.
Given the vast size of the forex market, it is not easy for a single individual or entity to manipulate it on their own.

Dempire is also correct. As indicated in the news conference yesterday, the Fed FOMC used more dovish language, but there was no indication of a rate cut in the next meeting, as they prefer not to surprise the markets.
Therefore, this does not suggest manipulation.
As expected Jay Powell to be non-committal about next meeting and therefore the market is going to have to reprice the odds of a rate cut down.

Manipulation, in the true sense, refers to DATA MANIPULATION.

There a difference between data manipulation and economic exceptionalism
The US are well known data manipulators infact probably the worst in the word for it.
They're built on a economy that riles on a ponzi scheme in the stock market to prop it up noting exceptional about at all.

Data manipulation, could refer to the way economic statistics, such as inflation rates, unemployment figures, and GDP growth, are reported and presented to the public.
Critics argue that these numbers can be adjusted or presented in a way that makes the economy appear stronger or more stable than it actually is.
For instance, changes in how inflation or unemployment are calculated can impact the reported figures.

Then we have, Economic exceptionalism is the belief that the U.S. economy is fundamentally different from and superior to other economies.
The critique here is that the U.S. economy is not truly exceptional but is instead propped up by certain practices that are not sustainable in the long run.
form of manipulation too.

Last but not least, we have Ponzi scheme:
U.S. stock market to a Ponzi scheme.
This form of manipulation
A Ponzi scheme is a form of fraud where returns to earlier investors are paid from the contributions of newer investors, rather than from profit earned.

The criticism here is that the stock market relies heavily on the continuous inflow of new investment to maintain its value.
If new investments dry up, the market could collapse, similar to a Ponzi scheme.
Critics argue that stock buybacks, speculative trading, and the emphasis on short-term gains contribute to an unstable market.

In conclusion, manipulation can take many forms and should not be narrowly defined as just market manipulation.
It encompasses a broader spectrum, including data manipulation and various other tactics used within the forex market.

Therefore, understanding manipulation requires considering these different perspectives to grasp its full context and impact on the market.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #834,072
  • Aug 1, 2024 11:42am Aug 1, 2024 11:42am
The southern trip during GBP news today had given the idea about where GU is headed: 2750 at least. Thus the bulls have a titanic battle to stop it from happening but can they?
  • #834,073
  • Aug 1, 2024 11:45am Aug 1, 2024 11:45am
Bank manipulation happens.

There is forex subject on this.

To my knowledge.

If it is learnt, one can be sure of making good money.

A tutor of mine told those days.

He charged 1000 $ for basics, 2750 $ for bank manipulation subject.

I never took any of the subject though
Intraday only.
  • #834,074
  • Aug 1, 2024 11:51am Aug 1, 2024 11:51am
Quoting Waveskierrob
{quote} Yea I've been around the block seen many noobs fail, folks here hitting the nail others missing it completely, I've love it when a plan comes together then posted and taken my TE off when things are not so good, been best friends with Twee, I'm only here to help others and post my winning charts, ps if anybody wants to subscribe to me I will subscribe back then we can be buddies .......
One thing I've noticed is that whenever she makes a real-time call, the market does the exact opposite.
For the past several weeks, this pattern has continued.
Her long swing trades have flopped, and the latest was yesterday when she intended to go long again.
The market then dropped like a rock—115 pips down!

Is this just a coincidence, or is she unable to trade in real time and only good in hindsight?
Or maybe she has so many indicators crowded in her chart that even her computer is confused.

Strage things happen in forum.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #834,075
  • Aug 1, 2024 11:52am Aug 1, 2024 11:52am
Back at daily low yet again... Bought 1.2752... target 1.2800 stop 1.2733...
Data + Stat + Risk/Emotions Management
  • #834,076
  • Aug 1, 2024 11:52am Aug 1, 2024 11:52am
Absolutely love the dollar bulls coming in executing the silly bears! This week up we up 700 usd
Master your mind. Master Trading.
  • #834,077
  • Aug 1, 2024 11:53am Aug 1, 2024 11:53am
Quoting Pat Chiko
{quote} One thing I've noticed is that whenever she makes a real-time call, the market does the exact opposite. For the past several weeks, this pattern has continued. Her long swing trades have flopped, and the latest was yesterday when she intended to go long again. The market then dropped like a rock—115 pips down! Is this just a coincidence, or is she unable to trade in real time and only good in hindsight? Or maybe she has so many indicators crowded in her chart that even her computer is confused. Strage things happen in forum....
At least we won't get any charts for a while...
  • #834,078
  • Aug 1, 2024 12:00pm Aug 1, 2024 12:00pm
Quoting Pat Chiko
{quote} {quote} Trying to understand where the common ground for the disagreement. Georginson is suggesting that the MARKET is heavily manipulated. While market manipulation is possible, it would require a concerted effort among several major banks to coordinate their algorithms effectively. Given the vast size of the forex market, it is not easy for a single individual or entity to manipulate it on their own. Dempire is also correct. As indicated in the news conference yesterday, the Fed FOMC used more dovish language, but there was no indication...
Pat is a majestic genius... Absolutely well said. You have my respect.
Data + Stat + Risk/Emotions Management
  • #834,079
  • Aug 1, 2024 12:03pm Aug 1, 2024 12:03pm
Quoting Waveskierrob
{quote} At least we won't get any charts for a while...
you mean stay low/invisible...
Attached Image (click to enlarge)
Click to Enlarge Name: stay low.jpeg Size: 91 KB


P/ I look like the left one.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #834,080
  • Aug 1, 2024 12:06pm Aug 1, 2024 12:06pm
Added 12755 and added 12775 more now I’m running on fumes lol TP 128 initially and then a red NFP to 129 if green then back to the drawing board lol
Insane in the Brain..
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