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Cable Update (GBPUSD)

  • #854,941
  • Edited 11:21am Feb 23, 2025 10:33am | Edited 11:21am
Quoting Zebi
{quote} tep...please stop deleting your posts that crossing the river with the other wildebeasts is the funniest thing I've read on FF and am still laughing about it but you went and deleted it I'm gonna appropriate that and use it in the other chat sites I frequent next time I go opposite the majority
"old man shit" since deferring the last GU buy signal, doubling the existing limit order @ 1.2486 if there are significant discrepancies in the gold audit at any of the US vaults, the "FED dollar will be dead" and the reset will begin hope you have some constitutional coinage and speculative crypto. extremely interesting that the first XRP ETF was launched in Brazil that very well could create some FOMO for the rest of the world. still cheap @ 2.55
"The Rich Never Pay Retail"
  • #854,942
  • Feb 23, 2025 11:18am Feb 23, 2025 11:18am
While not clear, it's most likely a consolidation candle
Monthly is high probability bullish
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #854,943
  • Edited 12:41pm Feb 23, 2025 11:26am | Edited 12:41pm
Quoting JeremiaDa
@coreg2004 i've been focusing on trading horizontal lines since you told me too, but right now i wanna ask you or any other person in this thread who has a pdf about it or a pdf about pivot points i'd really appreciate it if i could get it,

jeremia....you have to determine wat kind of trading style appeals to you and pick one that suits your personality and stick with it..will it be indicators,ewave, price action, ICT support resistance or even more wackier stuff like gann with his astrology LOL

I gave you davits pivot trading thread to learn about that since he was a good pivot trader but doesn't post anymore for health reasons...you need to know pivots were used by traders before the invention of the computer to help them see areas of reversals...some say my idol jesse livermore invented or at least popularized their usage

The concept of pivot points in trading has been around for over a century, with contributions from many traders.
Early contributors

  1. Jesse Livermore
    A well-known trader in the early 20th century who identified "pivotal points" where stocks often had big price changes


they were used heavily by speculators or as they were usually called locals who scalped for a living in the futures trading pits ...google what that was if youre a teenager LOL

gatorinla in the swamp thread is still active and just uses pivots, hi/lo/open/close price action... he actually trades his analysis not like so many charlatans who pretend they trade their charts
https://www.forexfactory.com/thread/582459-the-swamp?

tooslow thread is pure price action

and a guy named sisse...i especially like the pic in this post of his

Quoting sisse
{quote} Well no not really. All have been triggered by major movers and shakers. Sure this last one is a political announcement that wasn't expected or from market/economic source but in general except when politicians are interfering in markets with political BS, ST and news flow swings come from predictable sources. -> In my experience I would say +/- 80% of the ST swings are predictable and forecastable in term of timing and flows according to news/reports or macro FA in one or the other side in FX or from FA inherit reasons in all other instruments....
and why you shud never pay attention to the dopes that post analysis but are too scared to post a trade using said analysis LOL
short trump and go long the deepstate
  • #854,944
  • Feb 23, 2025 11:29am Feb 23, 2025 11:29am
Quoting teprewitt23
{quote} "old man shit" since deferring the last GU buy signal, doubling the existing limit order @ 1.2486 if there are significant discrepancies in the gold audit at any of the US vaults, the "FED dollar will be dead" and the reset will begin hope you have some constitutional coinage and speculative crypto. extremely interesting that the first XRP ETF was launched in Brazil that very well could create some FOMO for the rest of the world. still cheap @ 2.55 ...

I don't see what the difference is between crypto and fiat currency... how is crypto better?

at least I can hold a nickel or quarter coin
short trump and go long the deepstate
  • #854,945
  • Edited 2:07pm Feb 23, 2025 11:41am | Edited 2:07pm
Quoting Zebi
{quote} I don't see what the difference is between crypto and fiat currency... how is crypto better? at least I can hold a nickel or quarter coin
not better speculative on the future exchange system coinage is absolutely the best imho, especially constitutional coins. just one old man's opinion
"The Rich Never Pay Retail"
  • #854,946
  • Feb 23, 2025 1:36pm Feb 23, 2025 1:36pm
Quoting Waveskierrob
Last week I had absolutely no eye deer where the markets were going, I was right... {image}
How to make money next week?
Will you give free signals?
  • #854,947
  • Feb 23, 2025 1:53pm Feb 23, 2025 1:53pm
Quoting Zebi
{quote} jeremia....you have to determine wat kind of trading style appeals to you and pick one that suits your personality and stick with it..will it be indicators,ewave, price action, ICT support resistance or even more wackier stuff like gann with his astrology LOL I gave you davits pivot trading thread to learn about that since he was a good pivot trader but doesn't post anymore for health reasons...you need to know pivots were used by traders before the invention of the computer to help them see areas of reversals...some say my idol jesse livermore...
Thanks so much for caring Zebi... I appreciate
Consistency isn't Glamorous But That's How Legends are Made
  • #854,948
  • Feb 23, 2025 2:39pm Feb 23, 2025 2:39pm
Quoting genadi
{quote} How to make money next week? Will you give free signals?
Cant give signals when I dont know where the market is going...
  • #854,949
  • Feb 23, 2025 3:16pm Feb 23, 2025 3:16pm
GBPUSD price action on the daily time frame is sideways at the 1.26320 horizontal resistance area. There was a bullish retest of the area on Thursday, but on Friday bears resisted a breakout from the area. However, the bearish candlestick printed in the area on Friday is relatively small. Thus, technically, we may still see further northward market engineering in the early part of this week. Nevertheless, the dominant technical structure is bearish.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #854,950
  • Feb 23, 2025 3:21pm Feb 23, 2025 3:21pm
Quoting Waveskierrob
{quote} Cant give signals when I dont know where the market is going...
So how should we trade? Should we trade at all?
  • #854,951
  • Feb 23, 2025 4:01pm Feb 23, 2025 4:01pm
Quoting genadi
{quote} So how should we trade? Should we trade at all?
I have a whole thread how "I" trade which doesn't mean that it would work for you, try spending more emphasis on "your" trades rather than the markets, not saying I'm right, just saying...
  • #854,952
  • Feb 23, 2025 6:30pm Feb 23, 2025 6:30pm
daily chart
eurgbp
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vankiepsauff@gmail
  • #854,953
  • Feb 23, 2025 6:54pm Feb 23, 2025 6:54pm
Quoting Guy1969
In @1.26390, TP=1.2670 {image}
My long from Friday hit TP, 30pips.
  • #854,954
  • Feb 23, 2025 8:13pm Feb 23, 2025 8:13pm
Quoting RoelsMajor
{quote} Complete analysis. The price might drop; I might wait until the London Open. Meanwhile, check the post here— https://www.forexfactory.com/thread/...7#post15159407 there’s a daily range indicator I’ve adjusted, and fortunately, it’s working well for now. Match setting. {quote} Might wait until the London Open.
The daily movement within the range of EU and GU for the bullish trend appears to be quite significant in Range I. ATR/ADR value has decreased because many pairs like GU had a small range last week, below my rules must be above 99 pips. Good to see until Range II. Good move to those who bought earlier, at least 1/3 of today's ATR/ADR has been achieved.

Quoting Guy1969
{quote} My long from Friday hit TP, 30pips.
Like it
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  • #854,955
  • Feb 23, 2025 8:32pm Feb 23, 2025 8:32pm
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Quoting elude
{quote} It's time to protect StopLoss moved to positive, 1.25954 , +7 pips
→ GU, bought 1.25884 / SL 1.25954 (+7 pips) / TP 1.26884 (100 pips)
Quoting elude
{quote} I'll hold. If I fail, I'll close it, it won't hurt. {quote} {image}
Yo, I just rolled back home from my trip, right? And I see prices took a nosedive... my trade got clapped! But no worries, as soon as the market opened, prices got a mad pump. All good now!
  • #854,956
  • Feb 23, 2025 8:44pm Feb 23, 2025 8:44pm
Quoting elude
{quote} It's time to protect StopLoss moved to positive, 1.25954 , +7 pips
→ GU, bought 1.25884 / SL 1.25954 (+7 pips) / TP 1.26884 (100 pips)
Quoting elude
{quote} I'll hold. If I fail, I'll close it, it won't hurt. {quote} {image}
Quoting elude
{image} {quote} {quote} Yo, I just rolled back home from my trip, right? And I see prices took a nosedive... my trade got clapped! But no worries, as soon as the market opened, prices got a mad pump. All good now!
TP reached.. 100 PIPs
  • #854,957
  • Edited 9:51pm Feb 23, 2025 8:58pm | Edited 9:51pm
Quoting elude
{quote} {quote} {quote} TP reached.. 100 PIPs

great work elude.
  • #854,958
  • Feb 23, 2025 9:06pm Feb 23, 2025 9:06pm
Quoting ninner
{quote} treat work elude.
Thanks ninner..
  • #854,959
  • Feb 23, 2025 9:21pm Feb 23, 2025 9:21pm
Inserted Video


Lullaby
  • #854,960
  • Feb 23, 2025 9:34pm Feb 23, 2025 9:34pm
Quoting Pat Chiko
{quote} EU Same game played as in CABLE. Repeat of liquidity grab. Detail in chart.{image}
EU

Scalping only
Update some
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I come from the future.
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