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Cable Update (GBPUSD)

  • #856,021
  • Mar 5, 2025 8:19am Mar 5, 2025 8:19am
Die already mf
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yes yes yes
  • #856,022
  • Mar 5, 2025 8:26am Mar 5, 2025 8:26am
Quoting MoneyPrinte
{quote} GJ... {image}
GJ
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https://x.com/moneyprinte
  • #856,023
  • Mar 5, 2025 8:28am Mar 5, 2025 8:28am
Just think if the " Onlybearintheroom" learnt how to hedge properly he wouldn't have found himself in the massive downdraw that he's finding himself in now ...just a thought...
  • #856,024
  • Mar 5, 2025 8:31am Mar 5, 2025 8:31am
Gg. Bye 16pips
  • #856,025
  • Mar 5, 2025 8:32am Mar 5, 2025 8:32am
well...i just closed at 2850 for a 5100 dollar loss...

i screwed this up..i shud have just stayed long instead of playing for a retrace back to 2500....

that target still has to get touch ...ill see what today's daily candle says after the close
short trump and go long the deepstate
  • #856,026
  • Mar 5, 2025 8:33am Mar 5, 2025 8:33am
Why is euro flying?
  • #856,027
  • Mar 5, 2025 8:35am Mar 5, 2025 8:35am
Quoting Waveskierrob
Just think if the " Onlybearintheroom" learnt how to hedge properly he wouldn't have found himself in the massive downdraw that he's finding himself in now ...just a thought...
Simple as that? "Learn how to hedge bruh"?
  • #856,028
  • Mar 5, 2025 8:38am Mar 5, 2025 8:38am
Quoting MoneyPrinte
{quote} GJ {image}
are you shorting GJ? I’m long and from what I can see R1 may be the next area that might cause a drop. If it breaks through then potentially we could even see above 193
Insane in the Brain..
  • #856,029
  • Mar 5, 2025 8:41am Mar 5, 2025 8:41am
Quoting Eren10
Why is euro flying?
The Euro and the Pound aren't flying. It's the dollar that's falling. The EU and Britain have terrible economies, with awfully high taxes, so people won't be buying their currencies to invest much in those economies. Also looking at their bond yields, Euros and Pounds aren't being bought in order to buy government bonds. The dollar is falling as all the institutions that bought them up to Trumps inauguration are now using those dollars to by US government treasuries, as seen by the drop in yields, as a safety play against recession.
  • #856,030
  • Mar 5, 2025 8:42am Mar 5, 2025 8:42am
Quoting BeeTogether
{quote} are you shorting GJ? I’m long and from what I can see R1 may be the next area that might cause a drop. If it breaks through then potentially we could even see above 193
nope..im waiting for buy limit get trigger..
https://x.com/moneyprinte
  • #856,031
  • Mar 5, 2025 8:42am Mar 5, 2025 8:42am
Fundamentally speaking, tariffs are as bad for America as anyone else.
Probably worse.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #856,032
  • Mar 5, 2025 8:44am Mar 5, 2025 8:44am
thank god im not short
  • #856,033
  • Mar 5, 2025 8:51am Mar 5, 2025 8:51am
From what I see, Dollar has come near an end to its bearish saga. and I believe there's gong to be a reversal soon. what do you guys say?
  • #856,034
  • Mar 5, 2025 8:51am Mar 5, 2025 8:51am
Quoting teprewitt23
{quote} sorry to hear that Z
don't worry its zebi-bucks, you can get them at Disneyland
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #856,035
  • Mar 5, 2025 8:53am Mar 5, 2025 8:53am
Quoting Pat Chiko
{quote} CABLE break channel. RT b4 continue.
Seller is helping in pushing price up, {image}
CABLE

break channel. RT b4 continue.

1-2-3 pullback, where:
Point 1 is lower than the previous swing high.
Point 2 attempts to go higher but fails to break the last swing high.
Point 3 dips below Point 2 before the uptrend resumes.
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Why ?
The market is absorbing supply (profit-taking or short-term selling pressure).
It can be a deeper retracement (forming an ABC correction in Elliott Wave terms).
Sometimes, Point 3 sweeps liquidity (stop hunts) before a strong reversal.

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Key
If Point 3 is significantly lower, check for support zones or Fib retracement levels (e.g., 61.8% or 78.6%).
The trend remains intact as long as the higher timeframe structure is bullish.
A break above Point 1 confirms continuation.

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Series of charts showing:
A clear uptrend
A pullback forming the 1-2-3 pattern
A breakout confirming trend continuation



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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #856,036
  • Mar 5, 2025 8:59am Mar 5, 2025 8:59am
Quoting teprewitt23
{quote}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #856,037
  • Mar 5, 2025 9:02am Mar 5, 2025 9:02am
Quoting teprewitt23
{quote} sorry to hear that Z
you stayed with your longs from janurary and didn't close em so you shud be rolling in the dough


I gave back a chunk of my profits from those jan. longs
short trump and go long the deepstate
  • #856,038
  • Mar 5, 2025 9:19am Mar 5, 2025 9:19am
Sorry, I deleted my post b/c I posted in the wrong thread.
Always trade your own plan...I don't provide trading signals.
  • #856,039
  • Mar 5, 2025 9:26am Mar 5, 2025 9:26am
GJ strange.. good US data takes back towards 192 and then less than half hour later it’s back to near 191. I will take a hit if if drops to 190
Insane in the Brain..
  • #856,040
  • Mar 5, 2025 9:32am Mar 5, 2025 9:32am
Quoting Aboodii
From what I see, Dollar has come near an end to its bearish saga. and I believe there's gong to be a reversal soon. what do you guys say?
Maybe when we get to 1.3 after NFP.
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