4 hr to 15 min in selling.
daily and above buying.
5 min buying mode.
Sell higher today... in London
daily and above buying.
5 min buying mode.
Sell higher today... in London
Intraday only.
1
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked4 hr to 15 min in selling. daily and above buying. 5 min buying mode. Sell higher today... in LondonIgnored
Disliked{quote} At 8.9% and headline CPI with ^10%, and inflation proven sticky for months. Many reasons, inflation refuses to come down as fast as expected or come down at all. Overall the core inflation is roughly the same - the difference in CPI seems to be food and energy BoE is trying to keep inflation in the UK at around 2%. The BoE measures inflation using the Consumer Price Index (CPI). A higher-than-expected CPI reading could lead to the BoE raising interest rates, which would make the British pound (GBP) more attractive to investors. {image} Lower-than-expected...Ignored
Disliked{quote} Yay! , finally what i was waiting for some movement!. +23 Pips as i write this , however i cannot move my sl to trailing yet ( Bella's 0.37 Trailing ). so to re-cap short sell cable at 13:38 PM GMT Bella's Order Forecasting due to Bella's Date Forecasting on 19.06.2023. ( reversal date ). again waiting. Bella's Blue ( beta v1.6 ) {image}Ignored
Disliked{quote} Hi, Lol! But we don't have a present so Pat is living in his future, the only time-term that no one has yet proved, that anyone (other than Pat obviously,) has ever been to or lived in. When Pat is in our past he is in his future, apparently!Ignored
Disliked{quote} GU {image} UK's core inflation is higher than that of the Eurozone and the US. May's inflation data will be released before the Bank of England's meeting on Thursday, but it's expected that it will be difficult to change the BoE's plan to raise interest rates by 25 bp this week. {image}Ignored
Disliked{quote} Pat, there is no chance I open a prop firm but I would like to know how much money prop firms make from charging for challenges, and how much money traders bring them after they get funded account. Just imagine the scenario. A person decided to have a career as a trader. He/she unsuccessfully tries for 13 years, and couldn't make $5-10k during that time to trade own account. After 3 years of taking challenges, that person becomes a shark trading a $500k account and rakes $1-2k/day with 2 pips profit and 1 pip stop loss. Sci-Fi is...Ignored
Disliked{quote} Pat it is also possible that the BOE will look at controllable and non-controllable CPI. Doesn't do the economy any good to raise rates to fight inflation if the cause of the inflation is imported goods. Energy is a great example. Higher rates won't do anything to the price of imported gas and oil! Higher rates simply makes everything less affordable.Ignored
Disliked{quote} Prop firm is beneficial for people who cannot get access to funds or making money so hard in there country, i come from a country that no student loan or credit cards. so if I hustle to save 100$ and I don’t know how to trade it I will surely blow it like I did when I started trading. buying 10k account for less than 100$ with overall DD 10-12% I think it’s fair enough, prop firm is a loan money giving to you and u just need to proof urself before u get funded I will prefer trading prop firm 10k than to trade my own 100$ account, without...Ignored
Disliked{quote} GU {image} UK's core inflation is higher than that of the Eurozone and the US. May's inflation data will be released before the Bank of England's meeting on Thursday, but it's expected that it will be difficult to change the BoE's plan to raise interest rates by 25 bp this week. {image}Ignored
Disliked{quote} Yesterday High : 1.28364 Yesterday Low : 1.27702 Open Position : Short GBPUSD : Type : Date Reversal ( 19.06.2023 ) Still holding into my short trade . I strongly believe cable will break yesterday's low 1.27702 and looking for 1.27300 which is Bella's Price Objective 1. Only above Bella's Resistance : 1.28221 will negate this scenario . Waiting to engage my trailing stop (Bella's 0.37 Trailing ) Bella's Blue ( beta ver 1.6 ) {image}Ignored