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Cable Update (GBPUSD)

  • #483,841
  • Jul 9, 2019 10:23am Jul 9, 2019 10:23am
Quoting Theoak
{quote} https://www.bbc.co.uk/news/business-30016007

Good thing they were mutated, but an hour they can not get any more ... they can try.
eur / gbp was manipulated I think.
  • #483,842
  • Jul 9, 2019 10:29am Jul 9, 2019 10:29am
Quoting Marcieny
{quote} Good thing they were mutated, but an hour they can not get any more ... they can try. eur / gbp was manipulated I think.
POWER IS POWER
Don't trade what you think. Just what you see!!!
  • #483,843
  • Jul 9, 2019 10:31am Jul 9, 2019 10:31am
Quoting Theoak
{quote} https://www.bbc.co.uk/news/business-30016007


Big business is the same everywhere, nothing but greed to the top end of town, and they puck over the little folk,

all the pucken time.
  • #483,844
  • Jul 9, 2019 10:32am Jul 9, 2019 10:32am
Quoting forex_dimi
{quote} It was a good call, had the same short at 66, at the break of 58, thought market would go down to 45, and at the retracement saw this (not sure if this fibo is in efect-have various in other charts) Powell didn't say anything about rates and Fed's Harker said no need for rate cuts. {image}
Well its going the right way now. What caused that flush up? The only thing I can think of Is the talk of soft Brexit.
Don't trade what you think. Just what you see!!!
  • #483,845
  • Jul 9, 2019 10:36am Jul 9, 2019 10:36am
Only 230 pips up from last week.
Cheers to you guys taking the longs.

For someone to sell someone must be willing too buy. If price is moving down who's buying.

Food for thought
  • #483,846
  • Jul 9, 2019 10:36am Jul 9, 2019 10:36am
Quoting Dingoman-two
{quote} Big business is the same everywhere, nothing but greed to the top end of town, and they puck over the little folk, all the pucken time.
Bless them there only trying to earn a crust. I wonder how many will be jailed? They are only kids with multi billion pound funds and the boss knew nothing about it. They are prob on the bread line now!!
Don't trade what you think. Just what you see!!!
  • #483,847
  • Jul 9, 2019 10:37am Jul 9, 2019 10:37am
maybe England will no longer have to pay debts that have already been paid .... end of the line ... they will not be able to handle EUR / GBP any more.


Bye bears...
time to close their longs that the bulls will open theirs
  • #483,848
  • Jul 9, 2019 10:37am Jul 9, 2019 10:37am
Quoting Theoak
{quote} Well its going the right way now. What caused that flush up? The only thing I can think of Is the talk of soft Brexit.
Or was it the fact price hit a 1.27 fib extension....who knows
  • #483,849
  • Jul 9, 2019 10:42am Jul 9, 2019 10:42am
Quoting Theoak
{quote} Well its going the right way now. What caused that flush up? The only thing I can think of Is the talk of soft Brexit.
Don't know what had happened. Might be only time of the day. Don;t forget that price has already moved 82pips today. Nevertheless that movement destroyed my trade too.
  • #483,850
  • Jul 9, 2019 10:43am Jul 9, 2019 10:43am
Quoting Neil0163
{quote} Or was it the fact price hit a 1.27 fib extension....who knows
Dam Brits takin the p again! LOL
Don't trade what you think. Just what you see!!!
  • #483,851
  • Jul 9, 2019 10:43am Jul 9, 2019 10:43am
Quoting Marcieny
{quote} the banks will not succeed .... because the GU chart will begin to react to the past. there is no bank or big players that can prevent something ... I only believe in certain regions that make the price rise or fall. and I want to go along with the price.
It is literally banks and investment banks intertrading that contributes to the forex market movements, along with hedgefunds. They use charts too but at the end of the day, banks move the prices.
  • #483,852
  • Jul 9, 2019 10:44am Jul 9, 2019 10:44am
Quoting Neil0163
{quote} Or was it the fact price hit a 1.27 fib extension....who knows
it was because NotKPMG bought there 0,01 lot
(.)(.) think first ...
  • #483,853
  • Jul 9, 2019 10:45am Jul 9, 2019 10:45am
Quoting Theoak
{quote} Well its going the right way now. What caused that flush up? The only thing I can think of Is the talk of soft Brexit.
I think it is just bouncing up from that descending support trendline seen on H4.
  • #483,854
  • Jul 9, 2019 10:45am Jul 9, 2019 10:45am
But fibbo's don't work.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-07-09-16-44-21.png Size: 109 KB
  • #483,855
  • Jul 9, 2019 10:50am Jul 9, 2019 10:50am
Quoting Neil0163
But fibbo's don't work. {image}
Never said they don't work. I personally have not got to grip with them. I don't understand how to use them.
Don't trade what you think. Just what you see!!!
  • #483,856
  • Jul 9, 2019 10:51am Jul 9, 2019 10:51am
Quoting kelvinftg
{quote} It is literally banks and investment banks intertrading that contributes to the forex market movements, along with hedgefunds. They use charts too but at the end of the day, banks move the prices.
the manipulator banks, they will not be able to sink GU ... they have tried. I may be wrong but it may not be beyond that.
  • #483,857
  • Jul 9, 2019 10:51am Jul 9, 2019 10:51am
Quoting Coreg2004
Arguments for longs or shorts at any time. Are you scalper, day trader, swing trader or position trader? What time frame is your analysis based on? 15M 1H, 4H or daily? Which move are you going to trade? only up, only down or both? Plenty of pips/points for any type of trader, just decide who are you...and never mix the time frames. If you took the trade based on 1H chart analysis don't switch to 4H chart when you are underwater looking for the reason to move the SL and stay in the trade. Take the loss and look for other opportunities (that's it...
Great post!
  • #483,858
  • Jul 9, 2019 10:53am Jul 9, 2019 10:53am
Quoting Theoak
{quote} Never said they don't work. I personally have not got to grip with them. I don't understand how to use them.
Nope not you buddy I believe it was Mr president that told someone to ignore them.
  • #483,859
  • Jul 9, 2019 10:56am Jul 9, 2019 10:56am
Quoting Neil0163
{quote} Nope not you buddy I believe it was Mr president that told someone to ignore them.
They make logic that they do work as it is basically growth! And these numbers pop up every where! Just not looked into them in depth!
Don't trade what you think. Just what you see!!!
  • #483,860
  • Jul 9, 2019 10:59am Jul 9, 2019 10:59am
For me both GU and EU still short

But,

I have backup plan if something wrong happen,

Attached Image (click to enlarge)
Click to Enlarge Name: raka.PNG Size: 38 KB


I will back if my TP or SL hit.

Not losing money is almost good as making money
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