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Cable Update (GBPUSD)

  • #839,861
  • Sep 27, 2024 11:32am Sep 27, 2024 11:32am
GBPUSD - Buy

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Together we can be strongest
Vantage Return This Month: na
  • #839,862
  • Sep 27, 2024 11:56am Sep 27, 2024 11:56am
Waiting down still .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #839,863
  • Sep 27, 2024 12:23pm Sep 27, 2024 12:23pm
Quoting BeeTogether
{quote} yeeeehaaa! Might go short.. lol but then again …
I will have to wait until breakout of the current Pullback base @ 1.3331 before switching to sell. 4 hour trend is still buy and market has fallen to range since yesterday.

If buyers can takeover again from 1.3331/45, the current high will be broken easily.

It's also evident that USD has not located it's support indicating an inbalance.

Buying at pullback base is the real jackpot if it works.
Market Structure is the King.....
  • #839,864
  • Sep 27, 2024 12:24pm Sep 27, 2024 12:24pm
Quoting fontu
Waiting down still . {image} {image}
That almost equal bottom at 3310 on GU should be taken out next week.
  • #839,865
  • Sep 27, 2024 12:32pm Sep 27, 2024 12:32pm
Quoting Abeylyn
{quote} I will have to wait until breakout of the current Pullback base @ 1.3331 before switching to sell. 4 hour trend is still buy and market has fallen to range since yesterday. If buyers can takeover again from 1.3331/45, the current high will be broken easily. It's also evident that USD has not located it's support indicating an inbalance. Buying at pullback base is the real jackpot if it works.
Pullback base @ 1.3313.... Not...
Market Structure is the King.....
  • #839,866
  • Edited 1:45pm Sep 27, 2024 1:25pm | Edited 1:45pm
Quoting trumps
{quote} Using that simplistic logic, how do you explain historical prices for this pair being higher than they are now? How strongly are you going to rely on your national bias for your trading decisions?

to answer your first question the pound has been falling for a 100 years LOL...i already showed charts that conservative governments are bad for their countries currencies and in englands case the pounds been falling ever since they been losing pieces of their colonial empire
Quoting Zebi
{quote} HAL..you've had a stick up your ass ever since I said liberals are good for the countries currency....i posted the dollar chart that I made 4 years ago when other conservatives talked crap that biden will kill the dollar look where its at now and at its high then you had a bigger conniption fit when I discredited your nonsense about margret thatcher and the rest of the tories that took england from a world player to a joke when I talk shit I back it up with charts ...why don't you try it sometime LOL...instead of talking out of your...
the answer to your second question is till the BRICS knock off the dollar as a world currency ...but by then all of us in this room will prolly be dead anyways
short trump and go long the deepstate
  • #839,867
  • Edited 1:45pm Sep 27, 2024 1:31pm | Edited 1:45pm
Quoting Zebi
people have to ask themselves which country and economy is like the 6 million dollar man https://youtu.be/ehiQk6fta2c?t=94 a little island country or the biggest superpower with the currency that rules the world two daily charts for ur consideration gentlemen..the dollar and GBP...concentrate on the lines I drew from sept 16th you have one currency that's at a multiyear support area on the monthly and then you have a pissant currency that's been falling since margret thatchers time in the 1980's that's "breakingout" without any...

yesterday I posted a dollar chart that's been in a tight daily range for 2 weeks....today nothings changed that....bad news at the lows is good and good news at the highs is bad LOL

here's a new dollar chart with a spring reversal pattern...people can google it if they're not familiar what that means

ill answer headland over the weekend since he didn't rebut my analysis using TA just ad hominem
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short trump and go long the deepstate
  • #839,868
  • Sep 27, 2024 1:55pm Sep 27, 2024 1:55pm
Quoting Abeylyn
{quote} I will have to wait until breakout of the current Pullback base @ 1.3331 before switching to sell. 4 hour trend is still buy and market has fallen to range since yesterday. If buyers can takeover again from 1.3331/45, the current high will be broken easily. It's also evident that USD has not located it's support indicating an inbalance. Buying at pullback base is the real jackpot if it works.
I agree.. we’ve not revisited the weekly low or even the daily since early London session. A close near 134 gives me more bullish vibes for next week as the profiteering didn’t break below 13350
Insane in the Brain..
  • #839,869
  • Sep 27, 2024 2:10pm Sep 27, 2024 2:10pm
Quoting palpite
GBPUSD - Buy {image}
Switched to Sell

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Together we can be strongest
Vantage Return This Month: na
  • #839,870
  • Sep 27, 2024 3:01pm Sep 27, 2024 3:01pm
Have a good weekend all see ya back on Sunday evening / Monday
Insane in the Brain..
  • #839,871
  • Edited 3:52pm Sep 27, 2024 3:40pm | Edited 3:52pm
Quoting Zebi
{quote} to answer your first question the pound has been falling for a 100 years LOL...i already showed charts that conservative governments are bad for their countries currencies and in englands case the pounds been falling ever since they been losing pieces of their colonial empire {quote} the answer to your second question is till the BRICS knock off the dollar as a world currency ...but by then all of us in this room will prolly be dead anyways
so your trading only WITH a 100 year old bearish trend and a rate cut doesn’t mean anything?
The conservatives are not the current ruling power in the UK, and even if they were, since 2010 when they took office, the Pound had reached a height of 1.71.

What’s the Pound been doing since July when Labor got in?

Have you looked at the $ chart when they begin telegraphing rate cuts? I have, and it’s not pretty.

Do you have a SL tolerance? We’ve moved up over a 1000 pips since the April lows, has this still just been a meaningless un-tradable retrace except for the 5min chart watchers?
Compulsions can be hard to resist
  • #839,872
  • Sep 27, 2024 3:43pm Sep 27, 2024 3:43pm
I'm considering opening a short on EUR/USD right now before weekly market close because I feel like a gap down is coming over the weekend and a hundred pip dump on Monday. Next week, 200-300 pips dump. I could be wrong. What do you think?
You cannot fail if you never give up.
  • #839,873
  • Sep 27, 2024 3:53pm Sep 27, 2024 3:53pm
Quoting 7154Superman
I'm considering opening a short on EUR/USD right now before weekly market close because I feel like a gap down is coming over the weekend and a hundred pip dump on Monday. Next week, 200-300 pips dump. I could be wrong. What do you think?
This is what I'm looking at for the next week or three. Green line is my TP.
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You cannot fail if you never give up.
  • #839,874
  • Sep 27, 2024 4:02pm Sep 27, 2024 4:02pm
Quoting 7154Superman
I'm considering opening a short on EUR/USD right now before weekly market close because I feel like a gap down is coming over the weekend and a hundred pip dump on Monday. Next week, 200-300 pips dump. I could be wrong. What do you think?

Man, I thik it is probable.....Short me too..............

Re.your slogan...

YOU CAN CERTAINLY FAIL WHETHER YOU GIVE UP OR NOT.......

kIND REGARDS. Have a nice weekend all, crew.............

  • #839,875
  • Edited 4:29pm Sep 27, 2024 4:16pm | Edited 4:29pm
Checking usdx before sleep , price closed nearest to 2023 low but still at a support close wisely weekly. And this bounce enough next week let's see
Similarly eurusd also close weekly exactly same resistance !
Gbpusd too close weekly at an exact level ! May all coincidence but ok too next week. Take care. Good night. Have good weekend !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #839,876
  • Edited Sep 28, 2024 12:34pm Sep 27, 2024 5:51pm | Edited Sep 28, 2024 12:34pm
It's been a safe and profitable market today for sellers and buyers who don't overlook money management.

Have a wonderful weekend!
  • #839,877
  • Sep 27, 2024 6:02pm Sep 27, 2024 6:02pm
Quoting F.g
{quote} Man, I thik it is probable.....Short me too.............. Re.your slogan... YOU CAN CERTAINLY FAIL WHETHER YOU GIVE UP OR NOT....... kIND REGARDS. Have a nice weekend all, crew.............
I agree with you, you can fail short term regardless. But if you keep trying and never give up, you will ultimately break through and succeed, which is the point of the slogan.
Whatever you think, you're right.
If you think you can, you're right.
If you think you can't, you're right.
Those who give up will never succeed.
But those who don't give up will eventually succeed because they will keep trying until they find a way to make it.
Quite a few successful people have achieved their success because they didn't give up when the going was hard, when most normal people would have given up. They stand out from the crowd because of their crazy determination to see their thing through despite others thinking they will fail.
Time and time again, their perseverance has worked and they have risen to famous success.
It's my favorite slogan of life.
"You cannot fail if you never give up."
It's the main reason why I'm not a homeless person right now, or in prison, or in a mental hospital.
It's the reason why I'm financially independent today, not having to depend on anyone else for my survival.
If someone as mentally challenged as me can succeed in a way most people can only dream of, then anybody can accomplish it also, if they never give up.
You cannot fail if you never give up.
  • #839,878
  • Edited 7:12pm Sep 27, 2024 7:00pm | Edited 7:12pm
Quoting 7154Superman
{quote} I agree with you, you can fail short term regardless. But if you keep trying and never give up, you will ultimately break through and succeed, which is the point of the slogan. Whatever you think, you're right. If you think you can, you're right. If you think you can't, you're right. Those who give up will never succeed. But those who don't give up will eventually succeed because they will keep trying until they find a way to make it. Quite a few successful people have achieved their success because they didn't give up when the going was...
Great stuff Super, your on the right track
20 quotes from famous people who succeeded after much failure, love Winston Churchhill's definition of failure. He suffered the most terrible and humiliating failure you could imagine at Gallipoli 1915 yet then experienced the greatest success with the defeat of the Germans in 1940 at the 'Battle of Britain' and is named Englands greatest Britain

1. “I have not failed. I’ve just found 10,000 ways that won’t work.” - Thomas Edison
2. “Success is the ability to go from failure to failure without losing your enthusiasm.” - Winston Churchill
3. “Failure is only the opportunity to begin again, only this time more wisely.” - Henry Ford
4. “Our greatest glory is not in never failing, but in rising every time we fail.” - Confucious
5. “"If you're going to learn and grow, you have to be willing to take chances and make mistakes." - John Mackey
6. “Develop success from failures. Discouragement and failure are two of the surest stepping stones to success.” - Dale Carnegie
7. “Failure is success if we learn from it.” - Malcolm Forbes
8. “I’ve come to believe that all my past failure and frustrations were actually laying the foundation for the understandings that have created the new level of living I now enjoy.” - Tony Robbins
9. “There are no secrets to success. It is the result of preparation, hard work and learning from failure.” - Colin Powell
10. “It is fine to celebrate success, but it is more important to heed the lessons of failure.” - Bill Gates
11. “Every adversity, every failure, every heartache carries with it the seed of a greater or equal benefit.” - Napoleon Hill
12. “Like success, failure is many things to many people. With Positive Mental Attitude, failure is a learning experience, a rung on the ladder, a plateau at which to get your thoughts in order and prepare to try again.” - W. Clement Stone
13. “The only real failure in life is not to be true to the best one knows.” - Buddha
14. “My great concern is not whether you have failed, but whether you are content with failure.” - Abraham Lincoln
15. “Don’t be afraid to fail. Don’t waste energy trying to cover up failure. Learn from your failures and go on to the next challenge. It’s ok to fail. If you’re not failing, you’re not growing.” - H. Stanley Judd
16. “Think like a queen. A queen is not afraid to fail. Failing is another steppingstone to greatness.” - Oprah Winfrey
17. “Remember that failure is an event, not a person.” - Zig Ziglar
18. “Failure after long perseverance is much grander than never to have a striving good enough to be called a failure.” - George Eliot
19. “Why do I talk about the benefits of failure? Simply because failure meant a stripping away of the inessential. I stopped pretending to myself that I was anything other than what I was and began to direct all my energy into finishing the only work that mattered to me.” - J.K. Rowling
20. “I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. Twenty-six times I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.” - Michael Jordan
Don't Leave Money on the Table
  • #839,879
  • Sep 27, 2024 7:07pm Sep 27, 2024 7:07pm
Quoting 7154Superman
{quote} I agree with you, you can fail short term regardless. But if you keep trying and never give up, you will ultimately break through and succeed, which is the point of the slogan. Whatever you think, you're right. If you think you can, you're right. If you think you can't, you're right. Those who give up will never succeed. But those who don't give up will eventually succeed because they will keep trying until they find a way to make it. Quite a few successful people have achieved their success because they didn't give up when the going was...
Dan Pen cuts through all the bullshit and tells it like it is and one of his quotes is "Failure is just testing"
Inserted Video
Don't Leave Money on the Table
  • #839,880
  • Sep 27, 2024 7:59pm Sep 27, 2024 7:59pm
Quoting HaLBot
{quote} Great stuff Super, your on the right track 20 quotes from famous people who succeeded after much failure, love Winston Churchhill's definition of failure. He suffered the most terrible and humiliating failure you could imagine at Gallipoli 1915 yet then experienced the greatest success with the defeat of the Germans in 1940 at the 'Battle of Britain' and is named Englands greatest Britain 1. “I have not failed. I’ve just found 10,000 ways that won’t work.” - Thomas Edison 2. “Success is the ability to go from failure to failure...
21- It's about fkg time I make a few bucks...finallly.
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