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Cable Update (GBPUSD)

  • #870,561
  • Dec 24, 2025 8:52am Dec 24, 2025 8:52am
Quoting Mitiblotch
GU monthly chart below. Looks like a pseudo bull flag all along. Next target is 4100. It will happen. Just may not be in a straight line. I won't be caught selling at the wrong time. {image}
You sound very sure. Roughly when are you expecting to reach your target of 1.4100? 3 months? 6 months? A year? How much drawdown from here do you think is most probable?
I'm looking to get into longer term trading. I could start buying small positions and hold for your target .
If I would buy GBP/USD at 1.3500 with TP at 1.4100, that's a ROI of +88.92% minus rollover fees. So, the longer I have to hold, the less ROI.
You cannot fail if you never give up.
  • #870,562
  • Dec 24, 2025 9:08am Dec 24, 2025 9:08am
Quoting Waveskierrob
{quote} been scalping all morning, love it when its this slow...
Hi PatWaveskie.......

Hey, that's some seriously impressive scalping!
Watching you tear it up on GBP/USD is a masterclass—definitely the kind of skill that turns other traders into admirers.

That’s what we call, money working harder for us.
Not like her gang, working harder for the money.

BTW, after 2 days of waiting, Santa finally dropped down Gold’s chimney—right into the chimney with some juicy Christmas presents.
Ho ho ho.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,563
  • Dec 24, 2025 9:10am Dec 24, 2025 9:10am
Quoting jjoohhnnyy13
{quote} well I am pretty sure that next year gbu/usd will hit 1.40 zone but then who knows. Actually scarring me situation around precious metals...
Thanks JJ OO HH NN YY,.........

Looking forward to get into action..
Just tell me when to go LONG........... Im in.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,564
  • Dec 24, 2025 9:12am Dec 24, 2025 9:12am
Quoting Pat Chiko
{quote} Thanks JJ OO HH NN YY,......... Looking forward to get into action.. Just tell me when to go LONG........... Im in.
sure
Always follow your own shit
  • #870,565
  • Dec 24, 2025 9:26am Dec 24, 2025 9:26am
Quoting Waveskierrob
{quote} been scalping all morning, love it when its this slow...

Merry Christmas PatWaveskie...........

you absolute trading legend!
With moves like you made this morning, you better go buy yourself the best present of the year.

Last I checked, your "naughty or nice" list was just a catalog of speedboat brochures.
Don't tell me you've already booked hull #3!

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Note : Pilot and co-pilot complimentry form the shipbuilder for 6 months FOC
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,566
  • Dec 24, 2025 9:35am Dec 24, 2025 9:35am
Quoting Pat Chiko
{quote} Merry Christmas PatWaveskie........... you absolute trading legend! With moves like you made this morning, you better go buy yourself the best present of the year. Last I checked, your "naughty or nice" list was just a catalog of speedboat brochures. Don't tell me you've already booked hull #3! {image} Note : Pilot and co-pilot complimentry form the shipbuilder for 6 months FOC
Looks like Zebigarrick have to fish for their xmas dinner, seeing they didnt get the bonus they were wishing for...
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  • #870,567
  • Dec 24, 2025 9:42am Dec 24, 2025 9:42am
Quoting Headland
{quote} Lol! The reason I, (or indeed anyone else that knows,) never mention 'triple witching' days here is that this is a trading thread with mainly retail traders, primarily trading spot forex via cfd's, or spread betting. There will be very few options or futures traders here. Ie, I post things that are relevant, not largely irrelevant to the thread. You mentioned too, in another post, that my posts recap on what has happened. Yes, that is part of some of my posts, and the informed amongst us understand that trading is based on probabilities,...
Headland.

I just wanted to take a moment to sincerely praise you for the consistent, high-quality contributions you've made throughout the year.
Your posts are a cornerstone of this forum.

What makes your content so valuable isn't just its frequency, but its profound relevance and integrity.
You have a clear understanding of this community (retail traders in spot forex) and deliberately focus on what is genuinely useful, avoiding irrelevant noise.

You don't just recap events; you provide the crucial context that past data offers for probabilistic trading, elevating the discussion far beyond simplistic lines on a chart.
Most importantly, your principled stance on not posting live trades is commendable.

Your explanation—that it avoids creating dependency, protects others from blindly following strangers, and encourages the development of a personal Trading Edge—shows genuine care for the community's long-term well-being.
You choose to empower rather than attract followers.

In short, you bring expertise, clarity, and a strong ethical compass to the thread every time you post.

It’s the exact blend of wisdom and practicality that makes a forum worth visiting.

Thank you for all the effort you've put in.
Wishing you a very Merry Christmas and a prosperous, peaceful New Year!


P/S
But if a newbie reads your analysis, they may miss its depth entirely.
To them, it might just blend into the background.
Their current understanding has its limits—a fact worth remembering with a degree of patience.
Learn to forgive them......
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,568
  • Dec 24, 2025 10:13am Dec 24, 2025 10:13am
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5' --- Longed here . .

  • #870,569
  • Dec 24, 2025 10:14am Dec 24, 2025 10:14am
Quoting Pat Chiko
{quote} CABLE one quick scalp SHORT....... for the road (again......LOL) Small position for the long holiday. {image}
CABLE

maybe one more for the road before Christmas.
Reduce size....
Since liquidity is drying up, it may want to spike (both way, and take out SL or some nice TP)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,570
  • Dec 24, 2025 10:23am Dec 24, 2025 10:23am
Quoting Pat Chiko
{quote} CABLE maybe one more for the road before Christmas. Reduce size.... Since liquidity is drying up, it may want to spike (both way, and take out SL or some nice TP) {image}
I'm all closed, wouldn't want be LONG over the xmas close, but then again if you are only staking 0.05 SA RAND then its just the same as demo....
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  • #870,571
  • Dec 24, 2025 10:29am Dec 24, 2025 10:29am
Quoting Waveskierrob
{quote} I'm all closed, wouldn't want be LONG over the xmas close, but then again if you are only staking 0.05 SA RAND then its just the same as demo.... {image}
Cool Bro.

Who never loose (pun intended) is either liar or on demo.
To celebrate that I share you one musik.................

Inserted Video
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,572
  • Dec 24, 2025 10:32am Dec 24, 2025 10:32am
Quoting Waveskierrob
{quote} I'm all closed, wouldn't want be LONG over the xmas close, but then again if you are only staking 0.05 SA RAND then its just the same as demo.... {image}
In retail forex, “0.05” often means 0.05 standard lots = 5,000 units of base currency.
Thus we return to the earlier calculation:

For USD/ZAR with 0.05 lots = 5,000 USD notional:
Pip value ≈ 0.0278 USD/pip (at rate ~18.00).
2350 pips → 0.0278×2350≈65.33
0.0278×2350≈65.33 USD.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,573
  • Edited 10:39pm Dec 24, 2025 11:15am | Edited 10:39pm
Quoting Pat Chiko
{quote} In retail forex, “0.05” often means 0.05 standard lots = 5,000 units of base currency. Thus we return to the earlier calculation: For USD/ZAR with 0.05 lots = 5,000 USD notional: Pip value ≈ 0.0278 USD/pip (at rate ~18.00). 2350 pips → 0.0278×2350≈65.33 0.0278×2350≈65.33 USD.
1407 Dollars equals 23400 Rand. Did not know you could stoop to such low levels of desperation on Xmas eve. 
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Trade to trade another day
  • #870,574
  • Dec 24, 2025 12:04pm Dec 24, 2025 12:04pm
Quoting 7154Superman
{quote} You sound very sure. Roughly when are you expecting to reach your target of 1.4100? 3 months? 6 months? A year? How much drawdown from here do you think is most probable? I'm looking to get into longer term trading. I could start buying small positions and hold for your target . If I would buy GBP/USD at 1.3500 with TP at 1.4100, that's a ROI of +88.92% minus rollover fees. So, the longer I have to hold, the less ROI.
I don't think I'd like to commit to a timeline, but I think this might happen before 2026 runs out. Just like I did in 2025, I will look to buy more than I sell. Will I sell? Yes, for corrective waves, and then buy very good dips.
  • #870,575
  • Dec 24, 2025 12:46pm Dec 24, 2025 12:46pm
Quoting Wavegarrick
{quote} 1407 Dollars equals 23400 Rand. Did not know you could stoop to such low levels of desperation on Xmas eve.  {image}
Merry Christmas mate
  • #870,576
  • Dec 24, 2025 12:54pm Dec 24, 2025 12:54pm
Quoting Mitiblotch
{quote} I don't think I'd like to commit to a timeline, but I think this might happen before 2026 runs out. Just like I did in 2025, I will look to buy more than I sell. Will I sell? Yes, for corrective waves, and then buy very good dips.
Right, so for long term buys, I want to start small, and hold. Then buy dips if price goes down from here. Maintaining TP of 1.4100. If I want to short, I'll do that on another account meanwhile holding the longs.
I'm also bullish on crypto and AI stocks. Planning to hold them for many years.
You cannot fail if you never give up.
  • #870,577
  • Dec 24, 2025 1:02pm Dec 24, 2025 1:02pm
Quoting Forgediron
{quote} Merry Christmas mate
Thanks, Forgediron, same to you and your loved ones Looking forward to next year in this forum and will have lots more time on my hands. I am Ready to roll.
Trade to trade another day
  • #870,578
  • Dec 24, 2025 2:28pm Dec 24, 2025 2:28pm
Quoting Wavegarrick
{quote} 1407 Dollars equals 23400 Rand. Did not know you could stoop to such low levels of desperation on Xmas eve.  {image}
Maths not your strong point Leon, you know we can see your positions....
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...Merry Christmas Leon xx
  • #870,579
  • Dec 24, 2025 2:29pm Dec 24, 2025 2:29pm
Quoting Forgediron
{quote} Merry Christmas mate
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  • #870,580
  • Dec 24, 2025 2:30pm Dec 24, 2025 2:30pm
Quoting Wavegarrick
{quote} Thanks, Forgediron, same to you and your loved ones Looking forward to next year in this forum and will have lots more time on my hands. I am Ready to roll.
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