Cable Update (GBPUSD)

1.35 - 36 area

on 3m timeframe, from the start of the run to the high, price bounces from OTE level.
We will find out when the price tested the yesterday’s high

Longed GU at 1.3455

you need to keep your job at the underwear factory, so early bed is the best thing to get you fresh in the morning...
Leave the trading for the traders and stop making stupid calls, your credibility is zero.

You are killing the pound...thread like you did with Gold.
and your cooking twat friend the same.

This is Cable thread after Doctors zebi and nordlings interventions!!
They manage to put the bloody thing in a Coma.

Not everybody that want to win can do what it takes to win..

That’s better

I'm out of long, good enough for today
5 hours the 1h candle cant close above yesterday's high, I thought London session will be more better than Asia

US Govt Shutdown Begins.
have you ever thought or researched how it effects the US Dollar Short term and long term
i wonder...

anyways if i were you i will be looking at tomorrow, because USD today first day might be chaos confusion.
but if i had to trade i will not choose GOLD that is for sure.
it will be very risky.
because there might be some good newws coming today but that is old because those ar ethe result of Sep.
and mostly shutdowns doesnt effect USD in long term,
at not till now.
today even USD index eurusd gbpusd is not effected
YEN is getting stronger because of FEAR it always does,


if i were you i will wait for the Pound to make High and will sell.
once i cannot afford to do is BUY pound at this time.
if i can't sell it i will not trade there are other 13 pairs to trade why stick with one pair and most traders problem is they cannot wait for days with out any trade.
they trade no matter how small lot they use they trade
trading is an addiction people are loosing money and coming back from decades,
and the worst part is:
gamblers know they are gambling they are addicted to risk taking.
in this market most dont even realize it untill its too late.



and if i traders who only are interested in GOLD because of the wild moves i will be looking for the high NFP,
no matter waht you think this time NFP will beat the 100K.
i could be wrong but if that is correct gold will drop hard and fast.

but if i were you i will seriously avoid GOLD.
because Gold is messy specially now.
do you really think that gold dropped 70$ because retail traders took it down?
welcome ot the real world of maker manipulation
you were taught to call it Correction.
i was taught it is what big players do they short the positions at the same time all of them together they are united that is their power.
and then when the time is right they close and we say same 70$ move back.
they understand the phycology of retail traders.
they know most traders are technical traders.
and once they see a fast move FOMO will make them hit that sell button and once that happens if you just waited 12 hours you are done.
gold is back almost 80% in just few hours.
because the GOLD market is very thin.
cannot cover even 5% that is the reason gold makes huge moves
because it is not a currency it is commodity.
eurusd is 16%
gbpusd 12%
and so on
now since digital currencies came along that is about to change,
chinese Yuan is the world's only currency which is mostly E money not printed much.
almost all transactions are online.
and because of FIX rate businessmen investors feels safe to trade in yuan to invest in Chinese Stock market.
it is the thrid biggest stock market with more then 1.3T real money invested.
so yes that matters and also china from past dacade trying to move back from USD.
and as the world's second biggest economy in the world that will change the future of Dollar dominance,

we stay with major pairs and cross pairs in cross pairs we look for something called FAIR PRICE.
when it is up or below the fair price 200-300 pips we go in and wait for the pair to come back to its natural fair price.
didnt you see usdjpy sometimes moves 100 pips and gbpjpy is down 200 pips or up 200 pips.
YEN is the third most traded currency

the fear of shutdown,
look at the past they always come to an agreement,
it happened 5 times and every single it time the longest period was 13 days.
lets see what happens this time.
and since we have NFP coming i will be careful

in 1971 when US severed ties with GOLD.

John Connally, Nixon's Treasury Secretary, told stunned foreigners that: The dollar is our currency, but it’s your problem

Don, the bigger issue is that they don't know what it takes to succeed in this business and who they are against. @Pat Chico had the blog here about it, and I reposted it 2-3 times, but still some people don't get it and "trade" without a written plan.

The problem is that the market does not believe you!!

Next pullback I will buy more...


Trading is easy unless you are zebi

Target hit

Trust your strategy but apply risk management

Im gona add GU longs later today

US government shutdown live: Senate votes down Democratic continuing resolution as speaker says House will return next week

so the shutdown will last over the weekend atleast untill humpty blows out a hemorrhoid on the toilet and changes his mind

My position and TP, will be buying below the sunday opening price

.