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Cable Update (GBPUSD)

  • #849,641
  • Dec 27, 2024 5:26pm Dec 27, 2024 5:26pm
My 3 historical price reaction levels on the monthly chart.
Then how they look on the weekly.
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Compulsions can be hard to resist
  • #849,642
  • Dec 27, 2024 7:27pm Dec 27, 2024 7:27pm
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  • #849,643
  • Edited Dec 28, 2024 1:46am Dec 27, 2024 11:58pm | Edited Dec 28, 2024 1:46am
just checking what have happened last week ! weekly bounce started friday and last friday successfully done again so weekly next likely continue for 2617 target and next 2675. anyway nothing any great , just bounce before next tanking apparently. another year of doji having long wick at the top and alleged failure take off bull yearly basis! expectecting good to great bear continuation yearly basis !NR4 yearly if then next year 2025 should be narrowest range amongst last 4 . monthly close below 2389 and hold for low test can be 1802 , atleast below 2019!!
anyway this year play can be very minimum or none !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #849,644
  • Edited 1:51am Dec 28, 2024 1:19am | Edited 1:51am
Quoting trumps
{quote} Mate, I just got back to my chart. The year opened at 2713, rose to 3434, and currently dropped back to 2570, almost 150 pips below the open. That's a bearish pin type bar. How is that bullish? And what is bullish about the monthly? {image}
I'm gonna answer your question since I cant sleep cause my gf stealing the bedcovers and snoring

I'm not gonna get into too much detail since coreg peeping thru the windows reading all my posts and entries and trying to catch me undressing LOL
I don't want him picking up any pointers from me

I posted that Thatcher yearly candle chart dec 15th so its in public domain now ...i said back then GU is bullish mainly because of the USA election...i used to be bearish GU and expected price to retest the thatcher/truss lows... but now I flipped

if you don't see that yearly chart as bullish than maybe you've read too many of turd blossoms textbooks

you've seen how republican presidents are a plague on the dollar well they're gonna hold all 3 branches of government so the screwups will be so much worse LOL... he's not even in office yet but a new plague of mutated bird flu is circulating...dons middle name shud be "disease" cause it follows him around wherever he goes LOL
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short trump and go long the deepstate
  • #849,645
  • Edited 1:45am Dec 28, 2024 1:35am | Edited 1:45am
Quoting Zebi
{quote} I'm gonna answer your question since I cant sleep cause my gf stealing the bedcovers and snoring I'm not gonna get into too much detail since coreg peeping thru the windows reading all my posts and entries and trying to catch me undressing LOL I posted that Thatcher yearly candle dec 15th so its in public domain now ...i said back then GU is bullish mainly because of the USA election...i used to be bearish GU and expected price to retest the thatcher/truss lows... but now I flipped if you don't see that yearly chart as bullish...

furthermore trumps

boodvah mentioned fractals earlier in the day and the yearly chart has some

I'm not saying this is the everlovin GU bottom cause england more screwed than us... what the USA did was voted for our version of brexit on racist grounds just like the brits did because neither country wants migrants...hows it working out for them LOL...same thing with us the dollar is screwed since trump is trying to exit across the world not just europe

ill leave it to you to read the dollar chart and make a convincing case the dollar going up after trump takes office on jan 20th

GU shud see 1.4 and maybe 1.6 during the next 4 years


edit: I'm editing because I don't want to add text to the chart and screenshot it again...... I meant the midpoint of the previous green candles in my examples
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short trump and go long the deepstate
  • #849,646
  • Dec 28, 2024 2:12am Dec 28, 2024 2:12am
Quoting Zebi
{quote} I'm gonna answer your question since I cant sleep cause my gf stealing the bedcovers and snoring I'm not gonna get into too much detail since coreg peeping thru the windows reading all my posts and entries and trying to catch me undressing LOL I don't want him picking up any pointers from me I posted that Thatcher yearly candle chart dec 15th so its in public domain now ...i said back then GU is bullish mainly because of the USA election...i used to be bearish GU and expected price to retest the thatcher/truss lows... but now I flipped...
I think he is in danger of catching it himself.
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  • #849,647
  • Edited 3:28am Dec 28, 2024 3:14am | Edited 3:28am
Quoting Zebi
{quote} furthermore trumps boodvah mentioned fractals earlier in the day and the yearly chart has some I'm not saying this is the everlovin GU bottom cause england more screwed than us... what the USA did was voted for our version of brexit on racist grounds just like the brits did because neither country wants migrants...hows it working out for them LOL...same thing with us the dollar is screwed since trump is trying to exit across the world not just europe ill leave it to you to read the dollar chart and make a convincing case the dollar going...
I see what you are saying Zeb, particularly the political angle.
Only thing is, last years low was around 1.18, and 2022 low was 1.03XX.
That's a lot of potential pips of profit or drawdown depending on what side you are on.

2021candle closed well above the midpoint of 2020, then 2022 dropped like a stone.
Compulsions can be hard to resist
  • #849,648
  • Dec 28, 2024 6:06am Dec 28, 2024 6:06am
Quoting trumps
{quote} I see what you are saying Zeb, particularly the political angle. Only thing is, last years low was around 1.18, and 2022 low was 1.03XX. That's a lot of potential pips of profit or drawdown depending on what side you are on. 2021candle closed well above the midpoint of 2020, then 2022 dropped like a stone.
Don't give the guy any oxygen Trumps, his idea that that republicans/conservatives are bad for their respective currencies is all bullshit. Anyone with any intelligence at all knows a country will sell more of their goods overseas if their currency is lower.
Right now in Australia our federal communist government has been in power since May 2022 and our Aussie Dollar just keeps falling and falling completely destroying Zebi's ludicrous idea that communist governments are good for the local currency.
Albo is the most pathetic and hated prime minister we've ever had......a total fuckwit!
Go Woke, Go Broke!
More people have become homeless in the US in 2024 than any year previously. Just another reason why the communists were utterly smashed.
Wonder when Zebi is going to acknowledge the total shitshow that has been his communist mates over the last 4 years?

This is why one Mr. D. J. Trump absolutely smashed the pathetic democrats into tiny little pieces

On a side note it was Margerate Thatcher who saved the world otherwise you'd be wearing 5000spf sunscreen right now if you were alive at all.
Being the only scientist in her cabinet she understood the damage Chlorofluorocarbons were doing to the ozone layer and was able to get leaders across the world to ban the stuff.
Yes it was scientists who discovered what CFCs were doing but it took political will to make the change and she was the driving force behind that change.
The world owes a huge debt of gratitude to the amazing Margerate Thatcher who saved the world!
Not only that she reinvigorated a failing Britain after the disastrous policies of the communists.....
Don't Leave Money on the Table
  • #849,649
  • Dec 28, 2024 9:11am Dec 28, 2024 9:11am
You have to see Jan open as Jan is a very good month for medium-term direction, and Dec is a horrible trading month for direction.
It's better for the Bulls to be a monthly doji next.
The yearly is neutral, a spinning top without a miracle.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #849,650
  • Dec 28, 2024 9:19am Dec 28, 2024 9:19am
Quoting HaLBot
{quote} Don't give the guy any oxygen Trumps, his idea that that republicans/conservatives are bad for their respective currencies is all bullshit. Anyone with any intelligence at all knows a country will sell more of their goods overseas if their currency is lower. Right now in Australia our federal communist government has been in power since May 2022 and our Aussie Dollar just keeps falling and falling completely destroying Zebi's ludicrous idea that communist governments are good for the local currency. Albo is the most pathetic and hated prime...
Idk why Thatcher gets so much hate from the people, she just dealt with the huge inflation her predecessors created and obviously it took some extreme measures.

I went kinda off topic but i have to say it's admirable that she risked her political career to resolve this issue.
You have to have an IQ higher than 90 to interact with this user.
  • #849,651
  • Dec 28, 2024 9:55am Dec 28, 2024 9:55am
Quoting Bones
You have to see Jan open as Jan is a very good month for medium-term direction, and Dec is a horrible trading month for direction. It's better for the Bulls to be a monthly doji next. The yearly is neutral, a spinning top without a miracle. {image}
glad you answered trumps question bones about monthly
short trump and go long the deepstate
  • #849,652
  • Dec 28, 2024 10:00am Dec 28, 2024 10:00am
Quoting HaLBot
{quote} Don't give the guy any oxygen Trumps, his idea that that republicans/conservatives are bad for their respective currencies is all bullshit. Anyone with any intelligence at all knows a country will sell more of their goods overseas if their currency is lower. Right now in Australia our federal communist government has been in power since May 2022 and our Aussie Dollar just keeps falling and falling completely destroying Zebi's ludicrous idea that communist governments are good for the local currency. Albo is the most pathetic and hated prime...
hal...when are you gonna give a coherent analysis using currency charts to make your point instead of having spastic attacks and lobbing ad hominem attacks my way


you need to move out of the australian desert and get out of the sun cause its frying ur brain
short trump and go long the deepstate
  • #849,653
  • Edited 10:32am Dec 28, 2024 10:21am | Edited 10:32am
Quoting HaLBot
{quote} Don't give the guy any oxygen Trumps, his idea that that republicans/conservatives are bad for their respective currencies is all bullshit. Anyone with any intelligence at all knows a country will sell more of their goods overseas if their currency is lower. Right now in Australia our federal communist government has been in power since May 2022 and our Aussie Dollar just keeps falling and falling completely destroying Zebi's ludicrous idea that communist governments are good for the local currency. Albo is the...

anyone with a brain knows USA doesn't make or sell shit anymore since we're the biggest importer of goods in the whole world so a higher dollar is to our benefit and someone must have told trump that and that's why he's all nuts trying to cause chaos with Panama,Canada and Greenland so people buy the greenback as a safehaven

so lets take a look at your countries exports halbot...its mainly dirt to china LOL...its iron ore and coal briquettes

Yearly Trade
The most recent exports are led by Coal Briquettes ($109B), Iron Ore ($87.9B), Petroleum Gas ($67.3B), Gold ($17.8B), and Wheat ($10.2B). The most common destination for the exports of Australia are China ($123B), Japan ($80.1B), South Korea ($41B), India ($31.5B), and Chinese Taipei ($24.1B).

so you want a cheap aussie to sell more dirt and rock ROFLMAO

hal...there's a motto in USA says a mind is a terrible thing to waste so please try and protect what little you have and stop with the nonsensical BS and post some charts that will prove ur point LOL
short trump and go long the deepstate
  • #849,654
  • Dec 28, 2024 11:29am Dec 28, 2024 11:29am
Quoting Zebi
{quote} anyone with a brain knows USA doesn't make or sell shit anymore since we're the biggest importer of goods in the whole world
The United States is the second largest exporter in the world. A lower dollar will contribute to decreasing the trade deficit.
  • #849,655
  • Dec 28, 2024 11:38am Dec 28, 2024 11:38am
Quoting GEfx
{quote} The United States is the second largest exporter in the world. A lower dollar will contribute to decreasing the trade deficit.
What are the major exports of the United States?
The most recent exports are led by Refined Petroleum ($138B), Crude Petroleum ($118B), Petroleum Gas ($116B), Cars ($57.5B), and Integrated Circuits ($49.8B). The most common destination for the exports of United States are Canada ($308B), Mexico ($294B), China ($151B), Japan ($79.5B), and United Kingdom ($75.4B).

dinosaurs made the oil and left it for us to find .... and the circuits prolly all go into videogame boxes


https://en.wikipedia.org/wiki/List_o..._United_States
short trump and go long the deepstate
  • #849,656
  • Edited 2:51pm Dec 28, 2024 1:50pm | Edited 2:51pm
Quoting Bones
You have to see Jan open as Jan is a very good month for medium-term direction, and Dec is a horrible trading month for direction. It's better for the Bulls to be a monthly doji next. The yearly is neutral, a spinning top without a miracle. {image}
Hi Bones, I’ve put those TL’s on before, but I don’t trust them to hold due to the price structure from the top.
Will see how it goes.
Compulsions can be hard to resist
  • #849,657
  • Dec 28, 2024 3:21pm Dec 28, 2024 3:21pm
I understand Zebi's yearly charts, especially Thatcher's double bottom , but yearly is a long timeframe and lend themselves to a lot of trading "wriggle room" from monthly TF and lower.
I mean, 1.4 - 1.6 in four years?? Seriously? What on earth does this mean to even typical longer term swing traders going off daily TF's and higher?
Not much in my book, unless you are allowing for potentially quite a few hundreds of pips drawdown to achieve these targets over the next 4 years.

2021 showed that a close above midpoint does not mean it cannot retest previous lows.

Other structures I'm considering are bearish.
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Compulsions can be hard to resist
  • #849,658
  • Dec 28, 2024 3:31pm Dec 28, 2024 3:31pm
Quoting HaLBot
{quote} Don't give the guy any oxygen Trumps, his idea that that republicans/conservatives are bad for their respective currencies is all bullshit. Anyone with any intelligence at all knows a country will sell more of their goods overseas if their currency is lower. Right now in Australia our federal communist government has been in power since May 2022 and our Aussie Dollar just keeps falling and falling completely destroying Zebi's ludicrous idea that communist governments are good for the local currency. Albo is the most pathetic and hated prime...
I was really just referencing his political/currency chart showing price movements of USD under respective governments.
Compulsions can be hard to resist
  • #849,659
  • Dec 28, 2024 3:38pm Dec 28, 2024 3:38pm
Then, there is this potential channel, and watching to see if this wedge support continues to fail on W and M Tf's.
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Compulsions can be hard to resist
  • #849,660
  • Dec 28, 2024 3:55pm Dec 28, 2024 3:55pm
I don't trade USD, but I got it as bullish, with 110 a potential area for reversal, with 107 below as potential support.
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Compulsions can be hard to resist
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Fishbones
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