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Cable Update (GBPUSD)

  • #840,781
  • Oct 4, 2024 9:04am Oct 4, 2024 9:04am
Quoting Zebi
{quote} last week after this post when everyone was bullish because weekly printed a couple big green candles I was pilloried and called a nationalist for stating the obvious with these weeks numbers there's no chance in hell powell lowers rates again since the fed has pivoted to jobs and economy to maintain a soft landing so no recession...if powell cuts again he may reignite price hikes and gouging once more so if anyone hears a dipshit talk about a rate cut because of inflation you shud do opposite of what he says and does LOL we'll prolly...

4 different traders Zebi: Day Traders, Swing Traders, Position Traders and Scalpers so the time frames you use are dependent on the type of trader you are
Don't Leave Money on the Table
  • #840,782
  • Oct 4, 2024 9:05am Oct 4, 2024 9:05am
That’s some serious swing up from 13070
Insane in the Brain..
  • #840,783
  • Oct 4, 2024 9:09am Oct 4, 2024 9:09am
Quoting BeeTogether
That’s some serious swing up from 13070

Yes 'Risk On' day with the very good NFPs data
Don't Leave Money on the Table
  • #840,784
  • Oct 4, 2024 9:09am Oct 4, 2024 9:09am
Quoting HaLBot
{quote} 4 different traders Zebi: Day Traders, Swing Traders, Position Traders and Scalpers so the time frames you use are dependent on the type of trader you are

that's why I said 5min chart guys will think this a bottom and buy but much lower prices by the end of the month....don't forget the GU rally was just because labor won the election per my views on liberals influence on currencies ....if you don't remember ill bring that up over the weekend and I said the labor victory rally was ending a week or two ago and that's what happened

well anyways time for me to go...

use politics in your trading especially on highertimeframes but I feel foolish even saying that since I'm sure all our weekly room traders know that LOL
short trump and go long the deepstate
  • #840,785
  • Oct 4, 2024 9:11am Oct 4, 2024 9:11am
Quoting HaLBot
{quote} Yes 'Risk On' day with the very good NFPs data
was expecting a bigger drop
Insane in the Brain..
  • #840,786
  • Oct 4, 2024 9:12am Oct 4, 2024 9:12am
Quoting Zebi
{quote} that's why I said 5min chart guys will think this a bottom and buy but much lower prices by the end of the month....don't forget the GU rally was just because labor won the election per my views on who wins....if you don't remember ill bring that up over the weekend and I said the labor victory rally was ending a week or two ago and that's what happened well anyways time for me to go... use politics in your trading especially on highertimeframes but I feel foolish even saying that since I'm sure all our weekly room traders know that LOL

No need to bring it up, I remember you saying that about two tier Kier and now everyone knows he's an unpolishable turd you say the honeymoons over......
Mythbusters proved you could polish a turd but in Starmers case that aint gonna happen
Don't Leave Money on the Table
  • #840,787
  • Oct 4, 2024 9:13am Oct 4, 2024 9:13am
Quoting HaLBot
{quote} 4 different traders Zebi: Day Traders, Swing Traders, Position Traders and Scalpers so the time frames you use are dependent on the type of trader you are
He is the worst trader among all..
the only one that compares Iranian currency to the Israeli currency. lol..
doesnt know how to read a chart, zero understanding in economic and geo politics
  • #840,788
  • Oct 4, 2024 9:14am Oct 4, 2024 9:14am
Quoting BeeTogether
Have a feeling the bears could be done for the day.. supporting at 13070-13090
So pa looks like this for next target down !
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,789
  • Oct 4, 2024 9:14am Oct 4, 2024 9:14am
Quoting BeeTogether
{quote} was expecting a bigger drop

Because it's a risk on day be funny if Cable pumped back to 3170....
Don't Leave Money on the Table
  • #840,790
  • Oct 4, 2024 9:19am Oct 4, 2024 9:19am
Quoting fontu
{quote} So pa looks like this for next target down ! {image}
13070 supported really well. So if this move up is for liquidity it should then fall below that zone. Maybe Monday
Insane in the Brain..
  • #840,791
  • Oct 4, 2024 9:20am Oct 4, 2024 9:20am
Not sure if I want to continue, it's 12.20am here but made 800 kangeroos today so great days trading for me but a bit buggered now on top of a big week at work hauling tools and equipment upstairs to work on a renovation.
Most of it was made after the dump and bought in close to the lows with multiple 0.4 lots on cable and Euro but mainly Cable because Euro didn't move much of the lows
Don't Leave Money on the Table
  • #840,792
  • Oct 4, 2024 9:23am Oct 4, 2024 9:23am
The price just followed weekly trend.

No chasing of down trend.

Will look to Sunday Asia open for possible set up
Intraday only.
  • #840,793
  • Oct 4, 2024 9:25am Oct 4, 2024 9:25am
Quoting Whale
{quote} He is the worst trader among all.. the only one that compares Iranian currency to the Israeli currency. lol.. doesnt know how to read a chart, zero understanding in economic and geo politics
Oh.. I forgot
he determined that fact:
because the Iranian currency is getting stronger than the Israeli NIS so Iran will win.. lol.
you even dont know where is Iran on the map, not talking about Israel.
Americans usually think Paris and London are countries
  • #840,794
  • Oct 4, 2024 9:27am Oct 4, 2024 9:27am
Short at 1.3110
SL : 1.3135
TP :OPEN
  • #840,795
  • Oct 4, 2024 9:28am Oct 4, 2024 9:28am
Quoting palpite
{quote} {image}
GBPUSD - Sell

Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: na
  • #840,796
  • Oct 4, 2024 9:29am Oct 4, 2024 9:29am
1.3125 area could act as resistance, i will take off my long there and wait.
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  • #840,797
  • Oct 4, 2024 9:30am Oct 4, 2024 9:30am
Aside from the NFPs euphoria at the beginning of the NY stocks they have eased back a bit now which is usually not the case with stellar data like it was.
Other times I see stocks powering up and indices making 1 to 2 %. Might not be a risk on day after all
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Don't Leave Money on the Table
  • #840,798
  • Oct 4, 2024 9:34am Oct 4, 2024 9:34am
GU seems to be forming a base/support to move to the centre. Though the news was able to retest the low but the structure to the centre may still be intact.

We are approaching 1.3260; from here if my perspective is correct.

Good luck and nice weekend.
Market Structure is the King.....
  • #840,799
  • Oct 4, 2024 9:35am Oct 4, 2024 9:35am
Quoting Whale
{quote} Oh.. I forgot he determined that fact: because the Iranian currency is getting stronger than the Israeli NIS so Iran will win.. lol. you even dont know where is Iran on the map, not talking about Israel. Americans usually think Paris and London are countries
"Americans usually think Paris and London are countries"

I like that Whale, you gave me a good laugh there m8.
Problem with Americans is the only news they ever get is inside their own country unless they make the effort to search for overseas news...
Don't Leave Money on the Table
  • #840,800
  • Oct 4, 2024 9:48am Oct 4, 2024 9:48am
Quoting W0lfram
hedge noch mal @ 1.3105
Out BE
Air force
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