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Cable Update (GBPUSD)

  • #870,581
  • Dec 24, 2025 2:52pm Dec 24, 2025 2:52pm
Thats me done,too much fun...
  • #870,582
  • Dec 24, 2025 2:53pm Dec 24, 2025 2:53pm
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.
that’s good to hear mate.
Market looking good for the new year
  • #870,583
  • Edited Dec 25, 2025 6:44am Dec 24, 2025 3:11pm | Edited Dec 25, 2025 6:44am
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.
If you want to know the probability of seeing 1.41 in the next 4 month it's about 0.24.
5 months - 0.3
6 months - 0.366

re drawdown: from any point on the chart MAE ~= MFE*, and no one knows the direction. If you enter now - expect 600 pips drawdown.

*max adverse excursion
*max favorable excursion
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Air force
  • #870,584
  • Dec 24, 2025 3:53pm Dec 24, 2025 3:53pm
Quoting 7154Superman
{quote} 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.
I wouldn't buy now. There are simple things like pivots that can help. Find the pivot for the new year which should be somewhere much lower than where price currently is.

Calculate the tentative Yearly pivot for the next year by using the data for 2025 thus:
Yearly low (L)= 1.2094
Yearly high(H) 1.3788
Possible Yearly close (C) = 1.3500

Hence, tentative 2026 Pivot = H + L + C divided by 3 = 1.3124

For a proper longterm buy I'd wait for price to test 1.3124 (or near it), which is roughly 400 pips away from current price. There are many other ways of looking at it. Before then opportunities for short term scalps will occur in both directions. To each their own. My point is, don't rush. There will be opportunities for buys and sells.
  • #870,585
  • Dec 24, 2025 8:30pm Dec 24, 2025 8:30pm
Quoting Wavegarrick
{quote} 1407 Dollars equals 23400 Rand. Did not know you could stoop to such low levels of desperation on Xmas eve.  {image}
Keep on lying Karen..........

You think everyone here are fools

Here's the maths

Let’s check the math.
If 1 USD = 18.60 ZAR (just as an example — let’s use current or recent rate if possible), then:
1407USD×18.60ZAR/USD= 26,170.2ZAR.
That’s not 23,400 ZAR.

For 1407 USD to equal 23,400 ZAR, the exchange rate would need to be:
23,400/1407 ≈ 16.63 ZAR/USD.

So:
If the USD/ZAR rate is around 16.63, then yes, 1407 USD = 23,400 ZAR.

But with current rates (~18–19 ZAR/USD), 1407 USD is more than 23,400 ZAR — it’s about 25,300–26,700 ZAR.
At a rate of 16.63 ZAR/USD, the calcuation is true.

Unless you can prove it—like by showing your real trade account—you’re just sugarcoating your story.
Anyone can claim they made millions or even billions in forex. (BTW , I made like 25billion this year)

Without proof, your claim doesn’t hold any substance.
Let’s not forget—the last time I checked your TE you were sitting at something like -3,900 pips, which you quietly took down to avoid further embarrassment and keep your new loyal followers from finding out.

Keep on lying Karen. Now you're caught.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,586
  • Dec 24, 2025 8:31pm Dec 24, 2025 8:31pm
Quoting Waveskierrob
Thats me done,too much fun...
Hear you made few billion this year jst from trading GBP/USD with 0.05 rand..........
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #870,587
  • Edited 2:46am Dec 25, 2025 12:33am | Edited 2:46am
Quoting Pat Chiko
{quote} Keep on lying Karen.......... You think everyone here are fools Here's the maths Let’s check the math. If 1 USD = 18.60 ZAR (just as an example — let’s use current or recent rate if possible), then: 1407USD×18.60ZAR/USD= 26,170.2ZAR. That’s not 23,400 ZAR. For 1407 USD to equal 23,400 ZAR, the exchange rate would need to be: 23,400/1407 ≈ 16.63 ZAR/USD. So: If the USD/ZAR rate is around 16.63, then yes, 1407 USD = 23,400 ZAR. But with current rates (~18–19 ZAR/USD), 1407 USD is more than 23,400 ZAR — it’s about 25,300–26,700 ZAR. At...
the current exchange rate is 16.67
https://www.google.com/finance/quote...EQmY0JegQIFxAn

the exchange rate is on wavegarricks post.

maybe you were looking at the Eurozar which is a bit over 19
  • #870,588
  • Dec 25, 2025 4:48am Dec 25, 2025 4:48am
THIS THREAD HAS BEEN HI-JACKED BY SCROOGE. Merry Christmas to all without the X RATED content. X-cluding the Shameful! and Perverted.
  • #870,589
  • Edited 5:28am Dec 25, 2025 5:11am | Edited 5:28am
Quoting Forgediron
{quote} the current exchange rate is 16.67 https://www.google.com/finance/quote...EQmY0JegQIFxAn the exchange rate is on wavegarricks post. maybe you were looking at the Eurozar which is a bit over 19
That happens when the post is written by AI but inherits the prompter's natural stupidity
Air force
  • #870,590
  • Dec 25, 2025 7:03am Dec 25, 2025 7:03am
Happy Christmas!
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While the major financial hubs are closed today, Thursday, December 25, 2025, the GBP/USD pair is holding onto its hard-earned gains near a 12-week high.

The British Pound is finishing the year on a high note! Even with the markets quiet for Christmas Day, GBP/USD remains a top performer, sitting comfortably above the 1.3500 mark. This "Santa Rally" is being fueled by a weakening US Dollar and surprisingly robust UK growth data that has outpaced expectations.

As we head into the final trading days of 2025, the technicals look strong. The pair recently cleared its 200-day moving average, signaling that the bulls are in the driver's seat for a potential run toward 1.3580. However, keep in mind that holiday liquidity is extremely thin—watch out for wider spreads and sudden "flash" moves!

Trading Tips:
Bullish Target: Watch for a move toward 1.3527 (October high) and 1.3580.
Support Zone: Solid support sits between 1.3430 and 1.3450.
Sentiment: Stay cautious with high leverage today as low volume can lead to unpredictable volatility.
to err is human
  • #870,591
  • Dec 25, 2025 9:32am Dec 25, 2025 9:32am
Merry Christmas everyone including my enemies
short trump and go long the deepstate
  • #870,592
  • Dec 25, 2025 9:50am Dec 25, 2025 9:50am
Quoting Zebi
Merry Christmas everyone including my enemies
how are your enemies?
president of china among them?

iam: NewYork myor??
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #870,593
  • Dec 25, 2025 10:01am Dec 25, 2025 10:01am
Quoting 7154Superman
{quote} 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.

2 things

if you want to hold for longterm than look at weekly and monthly charts...dont listen to the idiot gang especially waveski that shoots for 2 pip profits but closes for 1500 pip losses like in gold LOL

https://www.forexfactory.com/thread/...diction?page=4

the other thing is your bankroll... if its big enuf to buy FXB on the exchange and sit on it for a year than do that...if it isnt than just avoid playing with longterm holds since the swings will give you mental anguish.

you shud have bought on dec 1st after the november monthly buy signal and sit on it till the test of 1.4400..price is up 300 pips since then so dont try to time the entries using hourly charts ifn youll be holding longterm...use weekly and time off the daily

Quoting Zebi
since im here i might as well give a market related post so i can brag about it in 6 months the reason im goin long GU and FXB in my ira account december 1st is because the the dollar is done goin up... unless they close this months dollar candle green tmoro its done for Don't forget who we're dealing with thats in power and how he has to taco everytime Xi kicks him in his ass dollar shud fall to 91 over the next year so thats why im buyin FXB...even some FXE in my longterm retirement accounts look at the monthly dollar...


so if you do go long tmoro or next week to hold for a year than dont come in the room and listen to the scalpers in here who try to make sense of intraday noise LOL
short trump and go long the deepstate
  • #870,594
  • Dec 25, 2025 10:03am Dec 25, 2025 10:03am
Quoting Macd-rsi
{quote} how are your enemies? president of china among them? iam: NewYork myor??
naaaahhhh...its these people foreign and domestic that love humpty

Inserted Video
short trump and go long the deepstate
  • #870,595
  • Dec 25, 2025 10:08am Dec 25, 2025 10:08am
Quoting Zebi
{quote} naaaahhhh...its these people foreign and domestic that love humpty https://youtu.be/PUVlDBLXsdU
what is the humpty in Arabic?

stupid question
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #870,596
  • Dec 25, 2025 10:15am Dec 25, 2025 10:15am
Quoting Zebi
{quote} 2 things if you want to hold for longterm than look at weekly and monthly charts...dont listen to the idiot gang especially waveski that shoots for 2 pip profits but closes for 1500 pip losses like in gold LOL https://www.forexfactory.com/thread/...diction?page=4 the other thing is your bankroll... if its big enuf to buy FXB on the exchange and sit on it for a year than do that...if it isnt than just avoid playing with longterm holds since the swings will give you mental anguish. ...
if one looks at the daily we shud get back to 3800 in a month or two and then after a retrace continue up to the weekly 1.4400 target....

politics matter in currency trading and everyones seen how stupid and erratic the leader of the free world is and keep reminding yourself he'll do everything he can to weaken the dollar...its been falling since the moment he was inaugurated jan. 20th....go check if you dont believe me LOL

so keep doin what my signature says
short trump and go long the deepstate
  • #870,597
  • Dec 25, 2025 10:16am Dec 25, 2025 10:16am
Quoting Macd-rsi
{quote} what is the humpty in Arabic? stupid question

humpty trumpty
Attached Image
short trump and go long the deepstate
  • #870,598
  • Dec 25, 2025 11:11am Dec 25, 2025 11:11am
Quoting Zebi
{quote} if one looks at the daily we shud get back to 3800 in a month or two and then after a retrace continue up to the weekly 1.4400 target.... politics matter in currency trading and everyones seen how stupid and erratic the leader of the free world is and keep reminding yourself he'll do everything he can to weaken the dollar...its been falling since the moment he was inaugurated jan. 20th....go check if you dont believe me LOL so keep doin what my signature says
EU
https://www.forexfactory.com/thread/...2#post15486702


GU isn't as funny as EU but anyway
idk what I'm doing here, just kind of conspiracy-style charting
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Air force
  • #870,599
  • Dec 25, 2025 11:44am Dec 25, 2025 11:44am
Quoting W0lfram
{quote} EU https://www.forexfactory.com/thread/...2#post15486702 GU isn't as funny as EU but anyway idk what I'm doing here, just kind of conspiracy-style charting {image}

my EU take is in the chart
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short trump and go long the deepstate
  • #870,600
  • Dec 25, 2025 11:51am Dec 25, 2025 11:51am
Quoting Zebi
{quote} my EU take is in the chart {image}
theres even a FVG for the ICT crowd which im told is irresistible to them thats just below my target area
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short trump and go long the deepstate
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