Cable Update (GBPUSD)

The market is waiting the Election of tomorrow, Better wait to trade friday or next week.

Crooky mf

friday when market decide its directions although whoever wins elections doesnt matter market direction is already predetermined unless a huge fundemental unexpectancy happens

And who predetermined the market? Do you have actual facts?

Buggering off for a bit now shorts still in play. Might adjust TP accordingly

So many trolls on here. Just trade er shut up!!!

large institutions swings markets from end to end bro large banks investors if you do economics you would know this retailers are caught in the middle of it trying to make a profit but it's a system created to benefit the institutions if you dive deeply even in how brokers work its a system set up to make you fail every step of the way the so called experts on these websites trading view mt5 mt4 even forex factory are paid to push misinformation about markets so retailers can fail if you don't believe the market movements are predetermined my brother data probabilities even calculated trading wouldn't work so well as everything would be random everything is calculated everything is predetermined with influx of move up and down predetermined areas to throw traders off then to move in the predetermined direction

Back up to the surface for a breathe of air.....

Your knowledge is very minimal and I don't even think my answers are going to help you because you don't even understand the very simple basics. Lets give it a try:

You mentioned "large institutions swings markets from end to end bro large banks investors if you do economics you would know this retailers are caught in the middle of it trying to make a profit but it's a system created to benefit the institutions if you dive deeply even how brokers work its a system set up to make you fail every step of the way" and so on... FOREX trades on OTC meaning there is no way to read real orderflow for everybody - that means institutions also. They are pretty much in the same "boat" as a retail trader but they have much more resources at hand and much smarter people on payroll to make it work. That is the truth.

Brokers have nothing to do here. If you truly understand how brokers work then you'll know that they are middleman here and they don't care wether you win or lose the trade, they only care that you'd make trades. The more the merrier. If you look closely then you'll see that brokers provide education and MUCH better education than your closest youtube guru.

Then you wrote: "fail every step of the way the so called experts on these websites trading view mt5 mt4 even forex factory are paid to push misinformation about markets so retailers can fail if you don't believe the market movements are predetermined my brother data probabilities even calculated trading wouldn't work so well as everything would be random everything is calculated everything is predetermined with influx of move up and down predetermined areas to throw traders off then to move in the predetermined direction".

If you'd run some BASIC calculations you'd know that for example with GBPUSD there is 68% probability that daily range will be between -0.004% to +0.48% what that does tell you? That alot of algorithms will be working in these ranges and its going to be up and down most of the time not trending its BASIC statistics. You can calculate weekly, monthly and yearly probabilities like this aswell to have a better understanding of what is happening. It's simple normal distribution. And I say simple because this is basics. Basics will only take you this far. With smart people and resources they build systems in their favour. thats why they win. Oh and on that basic statistical calculation it seems that there are these "liquidity" runs and all these woodoo stuff that youtube gurus are fooling you fools to sell you shit. It sometimes overlaps

Sir, I don't want to be rude or anything but everything you said is garbage and it clearly shows that you'll need to start learning real things in order to make it in this world and stop learning and talking crap that is just words without proof. You don't even have a basic understandning of how things work yet you come here and talk about how everything is set against you and everything is manipulated blabla. Ofc it feels this way if you're uneducated.

Hopefully it helps and first rule of trading is not to trade currencies

All the best

at least enough for today , still waiting if more ups , likely usdx up at it's highest before next day result!
so gbpusd next watching weak support 2940 , while next confirmation 2915 and eurusd same old limit/confirmation now 0880

Zeb,

Im thinking something like this.
Please can I have you view and comment please

Thanks in advance

Permanent solution, try this instead..............

I'm +40 pips right now and put in a sl at even...gona hold this short till hits tp at 2920...i had to sit thru a 30 pip drawdown but alls good now

I don't know why people were boolish GU when the dollar gave a obvious daily buy signal Friday....


after price closes the gap may go intraday long for the bounce and resort hier tomoro

Nothing new...............
I still got her still trailing me.....

They existed before dinosaurs existed.
And out of boredom, the dinosaurs decided to make themselves extinct, wanting to save their lives from the troll harassment.

Above water now and as Maheee would say "profits will go straight to the moon"...

Hey man
what about gold ? Can you share your view?

Don't think she will like you calling her "her" it's either "they" or "them"...

that's pretty much how it will play out pat

but dollar already picked the winner

there's no uncertainty...the GOP trying to inflsme the base about another stolen election with fake polls

GOP-aligned polling groups have released 37 polls in the final stretch of the campaign, according to a study by the New York Times, during a period when longstanding pollsters have been curtailing their voter surveys. All but seven showed a lead for Trump, in contrast to the findings of long-established non-partisan pollsters, which have shown a more mixed picture – often with Harris leading, albeit within error margins.


“Republicans are clearly strategically putting polling into the information environment to try to create perceptions that Trump is stronger. Their incentive is not necessarily to get the answer right,” Joshua Dyck, of the Center for Public Opinion at the University of Massachusetts at Lowell, told the New York Times.
Simon Rosenberg, a Democrat strategist and blogger, said it followed a trend set in the 2022 congressional elections, when a succession of surveys favourable to Republicans created an expectation of a pro-GOP “red wave” that never materialised on polling day.

Democrats and some polling experts believe the conservative-commissioned polls are aiming to create a false narrative of unstoppable momentum for Trump – which could then be used to challenge the result if Harris wins.


https://www.theguardian.com/us-news/...ction-lawsuits

If you really want to know why the markets move the way they do then take a look at some videos on YT - search for Bookmap and you will see a map of the order book and an explanation of what is really happening, it is nothing to do with markets being rigged.

LOL

Them, they ?....