Cable Update (GBPUSD)

Quoting Abeylyn

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{quote} Price has touched 1.2600 zone . The last previous support turned resistant which can be seen easily on 30 min. chart. This comes earlier than 5:00 GMT but cannot be ignored. It's a point where Sellers might probably be waiting to go short. However, it's important to point out that market has fallen into Range and any body Buyers or Sellers may have it at breakout However, I may go Short very soon depending on the footprint of MM around current price with effective Risk Management Good day all and have a nice pipping week.

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Quoting Zebi

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{quote} i think thats all she wrote for the dollar...a red daily candle today is a sell sig..i expected 105/06 on DXY but it overshot to 107 which gave me losses on my first longs earlier this week all this weeks DXY advance will get retraced next week...we shud see 104 if not by next Friday than mid week after people scratching their heads and gona dump dollars with trumps cabinet picks LOL I'm still holding my GU longs till .3100

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Quoting Zebi

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{quote} I don't want to upset halbot but Im shorting trump and his cabinet picks of sex offenders LOL so that's why I'm posting GU charts to spare him an epileptic fit LOL the dollar is doooomed and gona fall to 103 within a month

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Quoting Zebi

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{quote} {quote} still playing with this scenario and that's why I'm still long GU and was -200 pips Friday but now just -100 LOL {image}

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Quoting HaLBot

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This pump on EU and Cable was brought about by a dump on US 10yr bond yields triggering a dollar sell off... {image} {image} {image}

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Quoting dempire1

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Because retail forex is based on obligations rather than asset transfers – agreements to do a future exchange of currency, albeit ones which never actually happen – it means there must be opposing long and short sides to all open positions. Where a retail aggregator acts in a dealer fashion it is nominally the counter-party to all customer positions, with the aggregator hedging positional imbalances externally as per its risk management policies. Where the aggregator operates in a broker fashion, while legally it may still be official counter-party,...

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Quoting Moty

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Quoting HaLBot

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Eu and Cable pump as US 10 year yields dump on news that Trump had chosen Scott Bessent as his pick to head the US Treasury. Pretty disturbing really as he is an ex soros executive. George Soros is the piece of shit who has funded all the NGOs(communists) flooding America with fighting age single men, 15 to 20 million. Not families!! https://www.forexlive.com/news/forex...alls-20241125/ {image} {image} {image}

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Quoting mallee

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{quote} He managed Soros's investments. Soros decides where the returns are spent.

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Quoting dempire1

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{quote} https://youtu.be/Yx104rVo_Dw?si=JLkrTm72wbNZ0Yp4

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Quoting HaLBot

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Bat shit crazy wokest Starmer has set a record for being the most hated prime minister in UK history and probably in the quickest time....go woke, go broke.... {image}

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Quoting HaLBot

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Eu and Cable pump as US 10 year yields dump on news that Trump had chosen Scott Bessent as his pick to head the US Treasury. Pretty disturbing really as he is an ex soros executive. George Soros is the piece of shit who has funded all the NGOs(communists) flooding America with fighting age single men, 15 to 20 million. Not families!! https://www.forexlive.com/news/forex...alls-20241125/ {image} {image} {image}

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Quoting HaLBot

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{quote} Yes reading up on Bessent he is a good choice from an economic standpoint and can see why Trump chose him or was advised to choose him....

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Quoting Zebi

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{quote} {quote} {quote} hal...what sort of mental illness are you battling? have you been hanging around coreg2000 lately LOL hope you're seeing a psychiatrist for this intense hatred of being australian and instead dwelling on how us americans and brits decide to live our lives you always criticize me about talking politics with the dollar but why don't you just once talk about your shit australian currency

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Quoting Zebi

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{quote} {quote} {quote} hal...what sort of mental illness are you battling? have you been hanging around coreg2000 lately LOL hope you're seeing a psychiatrist for this intense hatred of being australian and instead dwelling on how us americans and brits decide to live our lives you always criticize me about talking politics with the dollar but why don't you just once talk about your shit australian currency

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Quoting Zebi

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{quote} {quote} {quote} hal...what sort of mental illness are you battling? have you been hanging around coreg2000 lately LOL hope you're seeing a psychiatrist for this intense hatred of being australian and instead dwelling on how us americans and brits decide to live our lives you always criticize me about talking politics with the dollar but why don't you just once talk about your shit australian currency

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Quoting HaLBot

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{quote} This looks like a multi million dollar set up.....like to have enough cash just for a six screen trading desk, I have three I am long on EU and Cable because I don't see this closing the gap. It's significant this US 10yr bond yield fall but I could be wrong

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Quoting dempire1

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{quote} Have to know what you are competing against/playing with in a zero sum game. In our lovely FF community we have all sorts of traders like: 1. gambling addicts 2. can’t trade Dow Theory the right way 3. ICT cult 4. mt4 manipulators 5. photoshop experts 6. uber drivers and burger flippers impersonating US hedge fund traders 7. trolls Might missed somebody Guess what they all have in common?

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