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Cable Update (GBPUSD)

  • #852,541
  • Feb 3, 2025 6:29am Feb 3, 2025 6:29am
Quoting Abeylyn
{quote} {image} Already short @ 1.2313 stop 1.2333
Stoploss hit.

Now buying 1.2330
Market Structure is the King.....
  • #852,542
  • Feb 3, 2025 6:29am Feb 3, 2025 6:29am
Anyone else seeing a Big spread on GJ? IG usually has it around 3.5
Insane in the Brain..
  • #852,543
  • Feb 3, 2025 6:37am Feb 3, 2025 6:37am
Yes yes yes
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yes yes yes
  • #852,544
  • Feb 3, 2025 6:49am Feb 3, 2025 6:49am
Long gj
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yes yes yes
  • #852,545
  • Feb 3, 2025 7:01am Feb 3, 2025 7:01am
Quoting Moty
Long gj {image}
where you targeting?
Insane in the Brain..
  • #852,546
  • Feb 3, 2025 7:04am Feb 3, 2025 7:04am
Short 1.2360
  • #852,547
  • Feb 3, 2025 7:22am Feb 3, 2025 7:22am
Gaps are filling up, soon adding more sells on pairs vs USD.
FED is a 24/7 machine that never runs out of the money
  • #852,548
  • Feb 3, 2025 7:25am Feb 3, 2025 7:25am
Quoting Pat Chiko
EU Scalping @ H4 OB{image}
EU

Have been scalping for eigh hours
Very tired day today.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,549
  • Feb 3, 2025 7:26am Feb 3, 2025 7:26am
Yes yes yes
All out
Waiting for the pull back to close the gap
At some point in the Asian session I was in a same size loss , -300 $ apx. , but the justice won this time
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yes yes yes
  • #852,550
  • Feb 3, 2025 7:29am Feb 3, 2025 7:29am
Quoting Pat Chiko
{quote} CABLE Scalp a bit @ H4 OB{image}
CABLE

It is long day today, eighthours of pure scalping.
Hard work and am exhausted.
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Must go massage now.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,551
  • Feb 3, 2025 7:43am Feb 3, 2025 7:43am
First sell added on GBPUSD.
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FED is a 24/7 machine that never runs out of the money
  • #852,552
  • Feb 3, 2025 7:44am Feb 3, 2025 7:44am
One of the most common denominator and probably most watched chart is USD.

But Is there any reliable source out there, that actually showed the true picture of
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?

DXY - is a basket, not actual USD. So strength of one depends on Weakness of its counterpart currencies.

USD dollar index- another basket, not the underlying USD.

Some said VIX is the USD, as they are heavily manipulated, which often the most bearish news for equities get absorbed quickly, just because VIX failed to present the risk involved


US yield- My preferred Dollar Chart especially Us10Y yield curve.
Short term USyield- US02Y, often shows the short term forces in the underlying USD price movement.
These 2 always show the true state of the underlying forces behind actual US Dollar.

Many will oppose this view, but lemme ask somehting simple.

If an asset that is denominated by USD, then it should always fall when your USD index or DXY rises, yet, history showed the opposite happen.

But, when US treasury yield do something, the opposite happen on every XXX/USD.

If anyone can create a dollar index, and promote it right, is it really the actual USD or it is famous because they advertise it well and majority accept it as the actual value of US dollar?
Even if it is accepted by majority, does it actually show the true value of actual US dollar???
More time in the market, does not mean you trade better!
  • #852,553
  • Feb 3, 2025 7:52am Feb 3, 2025 7:52am
Quoting Pat Chiko
{quote} CABLE It is long day today, eighthours of pure scalping. Hard work and am exhausted.{image} Must go massage now.
A normal massage or a sandwich one?
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More time in the market, does not mean you trade better!
  • #852,554
  • Feb 3, 2025 7:53am Feb 3, 2025 7:53am
Quoting Fardeen1209
One of the most common denominator and probably most watched chart is USD. But Is there any reliable source out there, that actually showed the true picture of {image}? DXY - is a basket, not actual USD. So strength of one depends on Weakness of its counterpart currencies. USD dollar index- another basket, not the underlying USD. Some said VIX is the USD, as they are heavily manipulated, which often the most bearish news for equities get absorbed quickly, just because VIX failed to present the risk involved US yield- My preferred Dollar Chart especially...
What you are missing is that CFD trading is governed by 4 rules:
1. The market moves price to open orders.
2. Trading must continue all the time so that there are reference prices.
3. The relationship between items traded must be maintained so that you cannot simply switch items and profit.
4. The trading computers are supposed to make a profit.

There is nothing in this about news, sentiment and so. These factors impact where traders place open orders.
Market liquidity is so great that it can force price in the opposite direction if all of the new orders are in one direction until balance is restored in the market.

It doesn't matter whether you look at an index, currency, or anything else. Price is going to move where the market needs it to move!
  • #852,555
  • Feb 3, 2025 7:54am Feb 3, 2025 7:54am
Waiting for next target 2386; as eurusd approached support zone 0253
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #852,556
  • Feb 3, 2025 7:58am Feb 3, 2025 7:58am
waiting for setup.
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  • #852,557
  • Feb 3, 2025 8:08am Feb 3, 2025 8:08am
Quoting Fardeen1209
{quote} Hi bro, whats your take on GOLD?? I still see more up coming, with intact upward market structure {image} Tariffs may temporarily lift yield, however, Trump ultimately wants cheaper dollar.
GOLD

Early this year , gold broke the high of Dec and Nov 2024,.
The date was 21st Jan.
Is it coincidence ?

Overall a bullish structure due to global uncertainty peaking in relation to Trump tariffs.
It is short term buys riding as we are reaching the final EW journey.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,558
  • Feb 3, 2025 8:09am Feb 3, 2025 8:09am
Quoting Fardeen1209
{quote} A normal massage or a sandwich one? {image}
HAPPY Ending
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #852,559
  • Feb 3, 2025 8:10am Feb 3, 2025 8:10am
Quoting dantpm
{quote} What you are missing is that CFD trading is governed by 4 rules: 1. The market moves price to open orders. 2. Trading must continue all the time so that there are reference prices. 3. The relationship between items traded must be maintained so that you cannot simply switch items and profit. 4. The trading computers are supposed to make a profit. There is nothing in this about news, sentiment and so. These factors impact where traders place open orders. Market liquidity is so great that it can force price in the opposite direction if all...
Hi mr dan, its been a while.
On your post i completely agree that any tick movement, is an order placed at market orders. When one side strength failed to match the other, the playing field move to a new arena. (its like you level up (buy) in a game when you beat the boss at a level or the big boss beat the hell outta you (you level down))

Forget another CFDs,
Focus onto any pair goes like XXX/USD (Currency, stock, crypto, CFDs, Options, ...).
More time in the market, does not mean you trade better!
  • #852,560
  • Feb 3, 2025 8:16am Feb 3, 2025 8:16am
I'll soon go short. Probably. London didnt get a taste of that bottom. They should be part of it.
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