Cable Update (GBPUSD) | Page 42469 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #849,361
  • Dec 21, 2024 11:03pm Dec 21, 2024 11:03pm
Attached Image (click to enlarge)
Click to Enlarge Name: 6bdb1155df228386c3e66da84e792846.jpg Size: 81 KB
  • #849,362
  • Dec 22, 2024 12:43am Dec 22, 2024 12:43am
Quoting Bones
I think this monthly candle will be an inside candle, probably a doji, making the yearly a small range spinning top. {image} {image} {image}
anyway 2024 also a yearly doji as an insider bar , next year may start the burst if NR4. this year may try close 2359 success or not , weekly may 2402 ,low weekly tl already broken 2492 , so retest 2492 first and close try next and yearly low can be 2298 if 2492 breaks and hold !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 21 KB
Click to Enlarge Name: GBPUSDWeekly1.png Size: 20 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #849,363
  • Dec 22, 2024 1:41am Dec 22, 2024 1:41am
Attached Image (click to enlarge)
Click to Enlarge Name: 243.png Size: 19 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 245.png Size: 17 KB
  • #849,364
  • Dec 22, 2024 3:52am Dec 22, 2024 3:52am
Quoting Wavegarrick
{quote} Well, let's see. Fomc certainly put a damper on things with BTC. However, 100k on Btc becomes my new support. My weekly pivot at 100125 is a magnet for weekly price. I am loading up and could be wrong of course. Cheers {image}
Don't want to say "I told you so" but did say to watch out BTC could bite your arse and it has...
  • #849,365
  • Dec 22, 2024 7:47am Dec 22, 2024 7:47am
Quoting teprewitt23
{quote} X marks the spot Monthly is close enough to call a triple bottom imho as well, good insight Bones, tks makes me uncomfortable with my short trendlines seem to be in different places depending on timeframe especially the blue
Yes, trendlines move over different timeframes, but the monthly chart was unclear last month and maybe a doji this month. The quarterly chart looks bearish, and the yearly chart is neutral.
For a medium-term view (for up) you need the next quarterly to resist breaking, if it's bearish looking into support or not.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-12-22 at 13.51.58.png Size: 93 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #849,366
  • Edited 8:18am Dec 22, 2024 8:05am | Edited 8:18am
my other idea is the yearly is very bearish as that other unusual range doiji, I'm bearish economy but bullish interest rates
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2024-12-22 at 13.59.52.png Size: 92 KB
Click to Enlarge Name: Screenshot 2024-12-22 at 14.17.46.png Size: 81 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #849,367
  • Edited 9:29am Dec 22, 2024 8:55am | Edited 9:29am
Quoting Bones
{quote} Yes, trendlines move over different timeframes, but the monthly chart was unclear last month and maybe a doji this month. The quarterly chart looks bearish, and the yearly chart is neutral. For a medium-term view (for up) you need the next quarterly to resist breaking, if it's bearish looking into support or not. {image}
bones...its not nice to mislead people with your trendline...i know you are fond of them and pretend you trade trendlines real time but that chart shows you're just like book authors who cherry-pick examples to demonstrate a point in the past lol

below is my chart....if you or anybody else traded trendlines in realtime they would be drawn like this and you would have went long and stopped out or averaged down and be sitting in a drawdown

bones..don't get mad cause I'm not picking on you...id rather expose coreg but he adds so much other shit to his trendlines in his charts it would make it harder to point out his fakery LOL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2024-12-22 092754.png Size: 59 KB
Click to Enlarge Name: Screenshot 2024-12-22 091541.png Size: 44 KB
short trump and go long the deepstate
  • #849,368
  • Edited 9:58am Dec 22, 2024 9:06am | Edited 9:58am
part 2

herres a chart how a real trendline trader would do it....forget the shit you learned in textbooks...that's all cherry-picked bullshit meant to demonstrate a point by the author

and anyone doing it the way book authors do is a poser pretending to be a trader

that's why I say some people edit and adjust like coreg admitted their charts after I exposed him for editing all the time LOL https://www.forexfactory.com/thread/...6#post15089736 and that's what that means....they delete the losing trendline and other shit that was drawn first to make themselves look better
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-12-22 090325.png Size: 32 KB
short trump and go long the deepstate
  • #849,369
  • Dec 22, 2024 9:11am Dec 22, 2024 9:11am
if you cant think outside of the box guys ...and see in your mind what happened previously with price than your journey will be that much harder to make a living trading and spotting charlatans LOL
short trump and go long the deepstate
  • #849,370
  • Dec 22, 2024 11:04am Dec 22, 2024 11:04am
Quoting Zebi
part 2 herres a chart how a real trendline trader would do it....forget the shit you learned in textbooks...that's all cherry-picked bullshit meant to demonstrate a point by the author and anyone doing it the way book authors do is a poser pretending to be a trader that's why I say some people edit and adjust like coreg admitted their charts after I exposed him for editing all the time LOL https://www.forexfactory.com/thread/...6#post15089736 and that's what that means....they delete the losing trendline and other shit that was...
Meathead, thank you, I've been waiting for your post about TL forever, finally, I will have another field day with you. Please, be patient, I am waiting for other the CIC members to come forward (those who are giving you thumbs up).
Always trade your own plan...I don't provide trading signals.
  • #849,371
  • Edited 11:25am Dec 22, 2024 11:13am | Edited 11:25am
Quoting Coreg2004
{quote} Meathead, thank you, I've been waiting for your post about TL forever, finally, I will have another field day with you. Please, be patient, I am waiting for other the CIC members to come forward (those who are giving you thumbs up).

youre welcome turd blossom

I know what your gonna say TB...you'll bring up my horizontal lines that I don't edit adjust or delete LOL

but remember my criticism about your diagonal trendlines is about placement after the fact for demonstration purposes and pretending to trade them ... so stay to that topic please LOLLOLOLOL

ill wait for your textbook examples and explanations like they have place in reality trading LOL
short trump and go long the deepstate
  • #849,372
  • Dec 22, 2024 11:21am Dec 22, 2024 11:21am
Quoting Coreg2004
{quote} Meathead, thank you, I've been waiting for your post about TL forever, finally, I will have another field day with you. Please, be patient, I am waiting for other the CIC members to come forward (those who are giving you thumbs up).

turdbloom,

I'm gonna close my BTC futures at fridays lows during asia prolly when they open later

since its Christmas week

ill reshort after Christmas again cause the monthly chart looks beautiful LOL

Quoting Zebi
ok gents...as everyone knows im shorting bitcoin from dec 8th principally cause I hate trump and have TDS and since he endorsed bitcoin and everything he touches turns to crap I had to short LOL I'm sure none of the rooms bitcoin bulls bothered to look at the monthly chart LOL so enjoy and tell me how that looks boooolish don't forget there's still 4 or 5 more trading days left in the year and I have every confidence trump will talk more shit that will make BTC close as a red candle LOL {image}
short trump and go long the deepstate
  • #849,373
  • Edited 11:36am Dec 22, 2024 11:25am | Edited 11:36am
Quoting Zebi
{quote} youre welcome turd blossom ill wait for your textbook examples and explanations like they have place in reality trading LOL
Meathead, I'm giving you the chance to apologize to @Bones. Heads up read about Vicotor Spwerandeo's rules for drawing the TL. You are a self-proclaimed expert on VS's method of trading. Waiting...
I have the 1993 edition...page 71 an on.
Attached Image (click to enlarge)
Click to Enlarge Name: VSbook.jpg Size: 150 KB
Always trade your own plan...I don't provide trading signals.
  • #849,374
  • Dec 22, 2024 11:27am Dec 22, 2024 11:27am
Quoting Coreg2004
{quote} Meathead, thank you, I've been waiting for your post about TL forever, finally, I will have another field day with you. Please, be patient, I am waiting for other the CIC members to come forward (those who are giving you thumbs up).

and furthermore TB ill close my GU shorts I took Friday either sunday nite or Monday for the same reason that its Christmas time

Quoting Zebi
i just went short GU turdB at 2588...and will hold over weekend because of trump and musks dumb antics and my targets are yesterdays low and then down to 2400 and no sl since Ill add shorts if price goes up by the close {image}
Merry Christmas to you turdblossom
short trump and go long the deepstate
  • #849,375
  • Dec 22, 2024 11:38am Dec 22, 2024 11:38am
Quoting Zebi
{quote} and furthermore TB ill close my GU shorts I took Friday either sunday nite or Monday for the same reason that its Christmas time {quote} Merry Christmas to you turdblossom
same to you Meathead, don't forget to hang Christmas ornaments on your tree.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: s-l400.jpg Size: 25 KB
Click to Enlarge Name: Christmas 2024.png Size: 68 KB
Always trade your own plan...I don't provide trading signals.
  • #849,376
  • Dec 22, 2024 11:47am Dec 22, 2024 11:47am
Checked usdx in the morning, weekly bull strong and intact , may bounce at market open !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download - 2024-12-22T093427.313.png Size: 18 KB
Click to Enlarge Name: download - 2024-12-22T093308.044.png Size: 20 KB
Click to Enlarge Name: download - 2024-12-22T215100.704.png Size: 22 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #849,377
  • Dec 22, 2024 12:44pm Dec 22, 2024 12:44pm
another day another stupid thing he says LOL

Donald Trump has demanded that the Panama Canal be given back to the US if Panama did not manage the waterway in a fashion that was acceptable to him – and he accused the central American country of charging excessive rates for use of the ocean-connecting ship passage.

In the evening post, Trump also warned he would not let the canal fall into the “wrong hands”. And he seemed to warn of potential Chinese influence on the passage, writing the canal should not be managed by China.
Trump said the Panama Canal was a “vital national asset” for the US, calling it “crucial” for commerce and national security.

so he's threatening a sovereign nation with war wanting to take back something that we lost our lease to LOL

dollar prolly goes up on a kneejerk reaction but longterm its still downward towards 92
short trump and go long the deepstate
  • #849,378
  • Dec 22, 2024 12:46pm Dec 22, 2024 12:46pm
Those in this thread for some time know that Meathead constantly presents himself as Sperarneo's method expert. Let's see how faithful he is to VS teaching.
Here is @Bones chart that is perfect if you use VS drawing TL rules.
Attached Image (click to enlarge)
Click to Enlarge Name: Bone_s chart.png Size: 105 KB

and here is how you would draw the TL if you used VS rules. Excerpt from his book mentioned earlier...page 73
Attached Image (click to enlarge)
Click to Enlarge Name: VS TLrules2.jpg Size: 4.2 MB

here is my chart posted multiple times here and in my thread.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 12.10 daily.png Size: 41 KB

When the conditions on the chart change we need to adjust our TL to be truthful with VS rules. That's what I did when the new low was made on the daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 12.20 daily.png Size: 32 KB

Meathead knows $heet about TA, he is an ignorant, vengeful liar. I follow the teachings of Miner, Raschke, Fischer, Sperandeo, and Carney. I welcome challenges and pointing out my mistakes in setting AOI based on my trading methods as no one is perfect.
Always trade your own plan...I don't provide trading signals.
  • #849,379
  • Dec 22, 2024 1:26pm Dec 22, 2024 1:26pm
Jesus Christ, it's still the weekend, and grown men are still arguing.
  • #849,380
  • Dec 22, 2024 1:34pm Dec 22, 2024 1:34pm
Quoting shay14
Jesus Christ, it's still the weekend, and grown men are still arguing.
Yes they don’t like spending time besides forexfactory as they live in their mommy’s basement
Master your mind. Master Trading.
331 traders viewing now