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Cable Update (GBPUSD)

  • #841,821
  • Oct 14, 2024 2:15pm Oct 14, 2024 2:15pm
Quoting Waveskierrob
{quote} but how do you know the info you've look up is true...
why are you quoting me
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #841,822
  • Oct 14, 2024 2:16pm Oct 14, 2024 2:16pm
Quoting Bones
lol, there's a $3 trillion overspend when they only generate 4.5T
How do you know this...
  • #841,823
  • Oct 14, 2024 2:18pm Oct 14, 2024 2:18pm
Quoting Bones
{quote} why are you quoting me
Just curious of your source of info, do you have a problem with this
  • #841,824
  • Oct 14, 2024 2:20pm Oct 14, 2024 2:20pm
Quoting Bones
{quote} I looked up CBO projections and outlays are going to 28%, something has to give, or a miracle could happen, that would do it. {image}
ur left chart shows medicare/medicaid and social security....well as more baby boomers drop dead those projections wont be so high

did that chart take into account old people rate of dying?

the other chart of revenues and outlays doesn't seem to take in higher tax rates and revenues...these projections seem to be made using current levels which wont be this way n 4 years since kamala and dems will raise taxes again hopefully just on the corporations and 1% high income individuals that trump lowered and biden too old a dipshit and hasn't already raised them
short trump and go long the deepstate
  • #841,825
  • Oct 14, 2024 2:33pm Oct 14, 2024 2:33pm
ill go long countertrend or short depending on this hourly candles close above or below that line in 30 min.
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short trump and go long the deepstate
  • #841,826
  • Edited Oct 15, 2024 1:43am Oct 14, 2024 2:39pm | Edited Oct 15, 2024 1:43am
Quoting Zebi
{quote} ur left chart shows medicare/medicaid and social security....well as more baby boomers drop dead those projections wont be so high did that chart take into account old people rate of dying? the other chart of revenues and outlays doesn't seem to take in higher tax rates and revenues...these projections seem to be made using current levels which wont be this way n 4 years since kamala and dems will raise taxes again hopefully just on the corporations and 1% high income individuals that trump lowered and biden too old a dipshit and...
It is people that leave the workforce V people that enter that you have to worry about
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #841,827
  • Oct 14, 2024 2:43pm Oct 14, 2024 2:43pm
2 bearish ingulfing candles
Come on,die allready mf
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yes yes yes
  • #841,828
  • Oct 14, 2024 2:50pm Oct 14, 2024 2:50pm
Quoting Bones
{quote} It is people that leave the workforce V people that enter that you have to worry about {image}

that chart looks impressive but I bet it would explain a lot more if you photoshopped rate cuts and who did em onto it


edit: meant tax cuts
short trump and go long the deepstate
  • #841,829
  • Edited 3:25pm Oct 14, 2024 3:00pm | Edited 3:25pm
Quoting Zebi
{quote} that chart looks impressive but I bet it would explain a lot more if you photoshopped rate cuts and who did em onto it edit: meant tax cuts
It's in the 1st posted chart.
Tax revenues haven't changed since 1965 at least, there's a limit to how much tax can be raised since people react. Revenue has been no more than 20% of GDP.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #841,830
  • Oct 14, 2024 4:07pm Oct 14, 2024 4:07pm
Seeing a huge sell off for gold on the daily timeframe..... what does that mean for gbpusd.... lets find out
  • #841,831
  • Oct 14, 2024 6:58pm Oct 14, 2024 6:58pm
Quoting Konichiwhaat
So the last two daily candle closes where nothing burgers, which means we need another one. So, you'll all be happy to hear you can all take Monday off, woohoo! Lets check again Tuesday. Enjoy the long weekend! {image}
This daily candle is about to close slightly bullish. In this case I will place some buy stops now at 3080 to catch any potential breakout
Emotional Control. Process, not outcome.
  • #841,832
  • Oct 14, 2024 7:04pm Oct 14, 2024 7:04pm
Nice little UJ short tonight’s Asian session
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Master your mind. Master Trading.
  • #841,833
  • Oct 14, 2024 7:36pm Oct 14, 2024 7:36pm
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The market hides a perfect geometry.
  • #841,834
  • Oct 14, 2024 8:01pm Oct 14, 2024 8:01pm
Quoting Konichiwhaat
{quote} This daily candle is about to close slightly bullish.
not daily, do you mean h4?
Its all just one persons opinion
  • #841,835
  • Oct 14, 2024 8:23pm Oct 14, 2024 8:23pm
Beautiful drop on UJ tonight
Master your mind. Master Trading.
  • #841,836
  • Oct 14, 2024 8:28pm Oct 14, 2024 8:28pm
Quoting axecap
{quote} not daily, do you mean h4?
No I mean the daily. I trade 3 hour delayed daily and 4H candles to match Tokyo time
Emotional Control. Process, not outcome.
  • #841,837
  • Oct 14, 2024 8:54pm Oct 14, 2024 8:54pm
Quoting Zebi
{quote} it does with American presidents and I've already shown you gbp does with tory governments...rightwing low tax fanatics always make their currency fall LOL here's the original chart I made 4 years ago and an update...kamala gona take it up to 114 and then 120 from raising taxes like Clinton did bones...i really don't want to revisit this again...the charts don't bullshit just people in chatrooms do {image} {image}
Lower external currency value is more lucrative and healthy to an economy than higher currency value.
It contributes more to export, hence aggregate demand, gdp and employment.
Too cheap not good also.
More time in the market, does not mean you trade better!
  • #841,838
  • Oct 14, 2024 10:09pm Oct 14, 2024 10:09pm
GBPUSD - Sell

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Together we can be strongest
Vantage Return This Month: na
  • #841,839
  • Oct 14, 2024 10:35pm Oct 14, 2024 10:35pm
Quoting FulMargnAlch
{image}
Let's try selling.
The market hides a perfect geometry.
  • #841,840
  • Edited 11:14pm Oct 14, 2024 10:35pm | Edited 11:14pm
Checking pa , forming base in flat range still in play possibly , though breaking out upside within range , 3074 signal for 3083 and 3094 target , and next still test 3040 to low before final decision if burst up most chance or any crazy bear continue for short time .Anyway take care
Usdx testing resistance 103.13 , next 103.33 and 46 may try as well as daily tf not showing any weakness yet! So gu and eu may may make low lows even !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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