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Cable Update (GBPUSD)

  • #856,681
  • Mar 16, 2025 2:09am Mar 16, 2025 2:09am
Quoting T721
SOMETHING TO PONDER IF YOU ARE LOSING OR BREAKING EVEN OR JUST FUCKINGBORED 1 ....... NEVER BE WILLING TO SELL A MARKET THATs UP ON THE DAY 2 ....... NEVER BE WILLING TO BUY A MARKET THATs DOWN ON THE DAY SO lets say your go to currency is up or down 35pips when you log-in. Direction dont matter, its either gone up 35 or down 35 Question to yourself ????? mmmmm why thefuck am i trying to go the other way WHY !!!!???? why not go with the flow and use the 35pips as a stop...
great post! it can be a base of a successful trading approach
trading is like dancing, don't think and just listen to the music!
  • #856,682
  • Mar 16, 2025 4:05am Mar 16, 2025 4:05am
EU sell, closing the gap, and taking out previous week's low.
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  • #856,683
  • Mar 16, 2025 8:37am Mar 16, 2025 8:37am
im back....still holding my GU shorts with 2899 average

the stock market crashing and trump taking credit for that in this video so he may be a standup guy after all

Inserted Video


the dollar has bottomed so will go up now especially since the budget bill got passed
short trump and go long the deepstate
  • #856,684
  • Mar 16, 2025 8:38am Mar 16, 2025 8:38am
Quoting Zebi
im back....still holding my GU shorts with 2899 average the stock market crashing and trump taking credit for that in this video so he may be a standup guy after all https://youtu.be/XKhybLJ0jDM the dollar has bottomed so will go up now especially since the budget bill got passed
  • #856,685
  • Mar 16, 2025 8:39am Mar 16, 2025 8:39am
Just coz markets closed

Inserted Video
  • #856,686
  • Mar 16, 2025 8:41am Mar 16, 2025 8:41am
Quoting birdland
{quote} great post! it can be a base of a successful trading approach
Thats how i take quite a few trades.... Warning it dont always work, strict MM required but does have a good hit rate
  • #856,687
  • Mar 16, 2025 9:03am Mar 16, 2025 9:03am
Not much change over weekend Guys
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  • #856,688
  • Mar 16, 2025 9:09am Mar 16, 2025 9:09am
Quoting Zebi
the room slows down when im not around LOL keep shorting trump and musky gentlemen ...they'll cause a world wide recession within a few months and that's gonna help the dollar as a flight to safety ill answer people and post charts closer to the weekend cause im having too much fun shorting TSLA,DJT and futures so not much time to care about the pound...still holding my new shorts at an average of 2899 {quote}
I hope everyone used their TDS and made money shorting trump cause I'm way ahead in my trading account
even after taking that loss on my GU shorts 2 weeks ago

TSLA...DJT and almost everything else has retraced back to the nov 5th election levels so now its time for a bounce.....

https://www.forexfactory.com/search?searchid=66662051

I screwed up with my GU shorts cause I dropped the ball on my dollar analysis because I switched down to hourly charts and let myself get faked out with the intraday noise
Quoting Zebi
everybody knows i view the dollar as the biggest baddest mf'er ruler of the world LOL so here's a hourly dollar chart with that 107.50 target black line from last week and I see further upside to 108.50/109 cause of the ukraine meeting fiasco feel free to comment since I feel a change in the room towards cooperation {image}
instead of staying to my daily analysis that dollar gona fall to its nov 5th level which it did last week and that shud be a good bottom for a bounce before it starts falling again
Quoting Zebi
{quote} my tds is whats been making me money up till this trade LOL trump is killing the dollar like I been saying all this year... I just had to be cute and play the retrace to 2400/2500... i was in profit last Friday on my 2640 average on my shorts but I got greedy and didn't protect them LOL this will just be a bump in the road come years end ill look to go long GU like I was doing in janurary on any dips and daily buy signals
short trump and go long the deepstate
  • #856,689
  • Mar 16, 2025 9:11am Mar 16, 2025 9:11am
Always go against the majority retail crowd. Guaranteed winner. The 200 SMA resistance turned support, and is above 200 SMA, means continuing bullish trend.

"Wall Street traders use the 200-day Simple Moving Average (200SMA) as a key indicator to assess long-term market trends and identify potential support and resistance levels, often in conjunction with shorter-term moving averages."
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  • #856,690
  • Mar 16, 2025 9:38am Mar 16, 2025 9:38am
Quoting T721
{quote} Thats how i take quite a few trades.... Warning it dont always work, strict MM required but does have a good hit rate

one of my rules is "never go against the daily candle color"...so its a really important thing to know.
trading is like dancing, don't think and just listen to the music!
  • #856,691
  • Edited 10:27am Mar 16, 2025 10:07am | Edited 10:27am
Quoting Zebi
{quote} {quote} scala...i usually don't comment on peoples trades or analysis unless I'm asked but you're polish like me so I like you just remember bitcoin was a ramp up because of trumps election win after he "endorsed" bitcoin months earlier so be careful buying for a longterm hold cause you might end up bein a bagholder here's the daily chart I first posted and why I was shorting {image}
Quoting Zebi
{quote} check out the monthly chart gentlemen..if closes red that's a sell signal on my system
Quoting Zebi
commercial break id just want to mention bitcoin...don't get fooled by whatever stupid shit comes out of trumps mouth...especially over the weekend cause new york dropping the anvil on peoples heads that traded it in japan and london....just remember those two centers don't mean jack shit when america rules the financial system

everything went to shit from an American perspective as soon as trump got inaugurated LOL

he's gonna cause a worldwide recession which will make the dollar go up for a time being as a flight to safety instrument me thinks

here's are dollar and bitcoin chatrts

so let this be a lesson to you beginners....analysis is easy especially if you have trump derangement syndrome LOL

the hard part is trading that analysis so even tho I was right that the dollar will fall I still lost money on GU cause of the shorts I took before before dollar reaching my nov5th level target because my emotions and hubris took over an i wanted to make some coin trading the intraday retrace instead of staying put with my longs from janurary .

so don't believe the schmuks that just post charts of their analysis but don't post a trade using their own analysis cause they fakers whod rather pretend they're perfect which everybody knows trading isn't because of emotions or account size and can be messy LOL

most every stock and index important to americans has retraced back to the election level except for bitcoin so that still has to...if your long BTC longterm than just hold if your able to and unload it on a big bounce and bulls can wait till bitcoin drops further before buying
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short trump and go long the deepstate
  • #856,692
  • Mar 16, 2025 12:46pm Mar 16, 2025 12:46pm
Quoting bigiivan
{quote} Leon, it is not pain, just boring. 120-130 pips for a whole week. I will get old before take profit.
Well, watching grass grow can be more fun. At least you get vitamin D. Bigive. It is these boring times that can lead to big pay offs.
We'll see.
Cheers.
Trade to trade another day
  • #856,693
  • Mar 16, 2025 1:02pm Mar 16, 2025 1:02pm
Quoting Terminalf12
Always go against the majority retail crowd. Guaranteed winner. The 200 SMA resistance turned support, and is above 200 SMA, means continuing bullish trend. "Wall Street traders use the 200-day Simple Moving Average (200SMA) as a key indicator to assess long-term market trends and identify potential support and resistance levels, often in conjunction with shorter-term moving averages." {image} {image} {image}
consider always time in your equation. SMA is dynamic, that price is current not in future. To forecast deviation is the task of a good trader.
chaos is just unknown order
  • #856,694
  • Mar 16, 2025 3:19pm Mar 16, 2025 3:19pm
The GBPUSD price action on the daily time frame is consolidating at the 1.29306 horizontal resistance area. As the technical impulse favours bulls, we may still see further northward market operation into an area of value. But 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
  • #856,695
  • Mar 16, 2025 3:36pm Mar 16, 2025 3:36pm
The first half hour of the Initial Balance (IB) Range shows a gap down on GU. Netdania 1.2913, My Broker Closing Price 1.2938. The Broker might open in another half an hour. The IB Range usually lasts 2 hours on the Broker and 3 hours on Netdania.

Check: https://www.netdania.com/currencies/gbp-usd
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #856,696
  • Mar 16, 2025 4:55pm Mar 16, 2025 4:55pm
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yes yes yes
  • #856,697
  • Mar 16, 2025 5:11pm Mar 16, 2025 5:11pm
Quoting Moty
{image}
Bearish hammer?
Under 129 when Asia opens.
  • #856,698
  • Mar 16, 2025 5:43pm Mar 16, 2025 5:43pm
It is happening.
  • #856,699
  • Mar 16, 2025 7:05pm Mar 16, 2025 7:05pm
GU below the channel mid-line, short, targeting 1.28400
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  • #856,700
  • Edited 7:41pm Mar 16, 2025 7:11pm | Edited 7:41pm
Quoting RoelsMajor
The first half hour of the Initial Balance (IB) Range shows a gap down on GU. Netdania 1.2913, My Broker Closing Price 1.2938. The Broker might open in another half an hour. The IB Range usually lasts 2 hours on the Broker and 3 hours on Netdania. Check: https://www.netdania.com/currencies/gbp-usd
USDJPY Break-South IB Range (27 pips)
GU still Inside IB Range (15 pips)
EU still Inside IB Range (10 pips)

Edit:
Lol UJ would be false break, should be set to max 3 hours (12 candles M15), like first setting, to avoid false break.
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