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Cable Update (GBPUSD)

  • #855,761
  • Mar 3, 2025 8:37am Mar 3, 2025 8:37am
Quoting Zebi
i just placed sell limits at 2700,2705 and 2714 for the PMI release cause if GU jump has anything to do with trump tweets than it will all get retraced like always does
I've not seen any Trump tweets. I just think that for some reason big players think that a potential continental wide war with the worlds largest nuclear power is somehow bullish for the currencies and assets of the countries that will get absolutely decimated. Or they're calling the EU and UKs bluff. ¯\_(ツ)_/¯
  • #855,762
  • Mar 3, 2025 8:39am Mar 3, 2025 8:39am
Quoting MrFanciful
{quote} I've not seen any Trump tweets. I just think that for some reason big players think that a potential continental wide war with the worlds largest nuclear power is somehow bullish for the currencies and assets of the countries that will get absolutely decimated. Or they're calling the EU and UKs bluff. ¯\_(ツ)_/¯

For anything Geo-Political, Gold is king
  • #855,763
  • Mar 3, 2025 8:39am Mar 3, 2025 8:39am
Quoting Pat Chiko
{quote} CABLE "copy paste" So far so good. The above GU sell BUY trades looking good. 1.25139 to 1.25000 1.26500 needs to be broken on a daily timeframe to suggest further declines rises. Having said. I remain positive for a bounce off this area for further bullish moves. ( I dont know what this mean) Trade safe. {image}
As Newbie, i use DJIA Dollah Index instead of DXY, as I traded US stock and indexes.
The DJIA Dollar Index Basket and the DXY (U.S. Dollar Index) are both measures of the U.S. dollar’s strength, but they differ in composition and purpose.

Attached Image (click to enlarge)
Click to Enlarge Name: dollah index 007.jpg Size: 146 KB


DJIA Dollar Index Basket
This is a proprietary currency basket created by Dow Jones Indices.
It tracks the value of the U.S. dollar against a basket of major trading partner currencies.
The exact composition is not publicly standardized like the DXY.
It is often used as an alternative measure of dollar strength, similar to other trade-weighted dollar indices.

Compare the above to your DXY
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,764
  • Mar 3, 2025 8:42am Mar 3, 2025 8:42am
Quoting W0lfram
{quote} [email protected]
ok, closed all longs
Air force
  • #855,765
  • Mar 3, 2025 8:43am Mar 3, 2025 8:43am
Quoting Zebi
Damn...i dont know what happened since i was sleeping and just got up but this ramp up in GU is not because anything technical so ill be shorting this candle cause will be all retraced
Zeb,

as newbie, i see GU push up is technical.
Using H4 for scalp is an idle set up condition.

Then I use DJIA Dollah index to confirm the technical set up is as good as it is now.

Take care, I always see you ahead of the curve, and it is good to slow down a bit a wait for more clearer set up.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,766
  • Mar 3, 2025 8:45am Mar 3, 2025 8:45am
Quoting Guy1969
{quote} For anything Geo-Political, Gold is king
Agreed, although strangely, gold is hardly moving.
  • #855,767
  • Edited 9:19am Mar 3, 2025 8:45am | Edited 9:19am
Quoting MrFanciful
{quote} I've not seen any Trump tweets. I just think that for some reason big players think that a potential continental wide war with the worlds largest nuclear power is somehow bullish for the currencies and assets of the countries that will get absolutely decimated. Or they're calling the EU and UKs bluff. ¯\_(ツ)_/¯
Many people know Zelensky will sign that deal with Trump. And sign, he will, on Trump's terms. There is noworld war happening, at least not now. I didn't see why price dumped last week after taking out 2712. I expected the retrace but not this much. Right now I'm still a bit wary because the monthly pivot is 2513 and price hasn't hit it.
  • #855,768
  • Mar 3, 2025 8:48am Mar 3, 2025 8:48am
Quoting MrFanciful
{quote} Agreed, although strangely, gold is hardly moving.

IF Gold falls from here 1785.00 will be at risk.
  • #855,769
  • Mar 3, 2025 8:49am Mar 3, 2025 8:49am
TP GJ before news now Short GU 12695 for 30 pips

actually I’m out here. Bulls may not be done yet
Insane in the Brain..
  • #855,770
  • Mar 3, 2025 8:50am Mar 3, 2025 8:50am
Quoting Pat Chiko
{quote} CABLE "copy paste" So far so good. The above GU sell BUY trades looking good. 1.25139 to 1.25000 1.26500 needs to be broken on a daily timeframe to suggest further declines rises. Having said. I remain positive for a bounce off this area for further bullish moves. ( I dont know what this mean) Trade safe. {image}
CABLE

more.............( with greedy sound voice)
Attached Image (click to enlarge)
Click to Enlarge Name: gu 047.jpg Size: 122 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,771
  • Mar 3, 2025 8:53am Mar 3, 2025 8:53am
Quoting Zebi
i just placed sell limits at 2700,2705 and 2714 for the PMI release cause if this GU jump has anything to do with trump tweets overnite than it will all get retraced like always does

my 2700 order got filled

I'm moving the 2705 to 2725 and keeping the 2714 where it is... I'm trying to position myself for a spike up if happens on pmi release
short trump and go long the deepstate
  • #855,772
  • Mar 3, 2025 8:54am Mar 3, 2025 8:54am
Short scalping now...below 2700.
Everyone can see the chart, but only a few can actually read it.
  • #855,773
  • Mar 3, 2025 8:59am Mar 3, 2025 8:59am
Quoting Mitiblotch
{quote} Many people know Zelensky will sign that deal with Trump. And sign, he will, on Trump's terms. There is not world war happening. I didn't see why price dumped last week after taking out 2712. I expected the retrace but not at much. Right now I'm still a bit wary because the monthly pivot is 2513 and price hasn't hit it.
1.2500 is definitely in the picture this March...

Scenarios
A
March high 1.2910
March low 1.2500

B
March High 1.2780
March low 1.2330...

Either of these will likely Happen.
Data + Stat + Risk/Emotions Management
  • #855,774
  • Mar 3, 2025 9:04am Mar 3, 2025 9:04am
Quoting Georginson
{quote} 1.2500 is definitely in the picture this March... Scenarios A March high 1.2910 March low 1.2500 B March High 1.2780 March low 1.2330... Either of these will likely Happen.
Lets have them all...up down down up up up down...
  • #855,775
  • Mar 3, 2025 9:07am Mar 3, 2025 9:07am
Quoting Pat Chiko
{quote} Zeb, as newbie, i see GU push up is technical. Using H4 for scalp is an idle set up condition. Then I use DJIA Dollah index to confirm the technical set up is as good as it is now. Take care, I always see you ahead of the curve, and it is good to slow down a bit a wait for more clearer set up. PAT

that's the way my system is set up to be ahead of the curve

that's why 5 and 15 minute traders always heckle me LOL

as you know I always look at the dollar chart...I trade currencies just analysing the dollar chart and I just post GU charts so as to make sense to traders that analyze the GU charts and never look at dollar otherwise there would be too much confusion

I may have to switch servers like you did to see different candles on 4H and daily and if they hold more information ...don't know it tradingview or oanda allows that but ill see...i know MT4 and 5 does but I hate those platforms
short trump and go long the deepstate
  • #855,776
  • Mar 3, 2025 9:15am Mar 3, 2025 9:15am
The details in the PMI report will be a concern for risk assets. Also a reading above 50 for 2 consecutive months.
  • #855,777
  • Mar 3, 2025 9:21am Mar 3, 2025 9:21am
Quoting Zebi
{quote} that's the way my system is set up to be ahead of the curve that's why 5 and 15 minute traders always heckle me LOL as you know I always look at the dollar chart...I trade currencies just analysing the dollar chart and I just post GU charts so as to make sense to traders that analyze the GU charts and never look at dollar otherwise there would be too much confusion I may have to switch servers like you did to see different candles on 4H and daily and if they hold more information ...don't know it tradingview or oanda allows...
Ohhh.
Zeb...
From the way you posted your trade, it looks like you are trading on a very low time frame.

However, in your previous comment, you mentioned that you didn’t see today’s setup on Cable. (on technical side of it)
If you were truly using the H4 or daily time frame, you would have spotted the setup from kilometers away.

I’m not sure why you’re still looking to short at this point.
Perhaps I should include a chart to illustrate how your trade developed.

You claim to trade using a higher time frame (HTF), but your execution suggests you are actually trading on a lower time frame (LTF).
From what I see, your approach contradicts what you said about your time frame and setup.
I'm not saying youe laying or confused. but it is what it is.

I’m just sharing my observation from a newbie’s perspective.
Feel free to clarify if I’ve misunderstood your strategy.
Maybe I will learn someting new today.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 049.jpg Size: 82 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,778
  • Mar 3, 2025 9:21am Mar 3, 2025 9:21am
Long GJ TP 19150
Insane in the Brain..
  • #855,779
  • Mar 3, 2025 9:22am Mar 3, 2025 9:22am
BTW,

I dont trade lower than H1.

If you see M30 chart, it is to show clarity for other to "SEE" how I see it.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #855,780
  • Mar 3, 2025 9:44am Mar 3, 2025 9:44am
Quoting ThaoAnh
{quote} {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 121.png Size: 13 KB
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