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Cable Update (GBP/USD) without Idiots 23 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

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Quoting Sang.Real
GU Scalping long. Target YL Waiting for Powell Power in few hours. {image}
The Setup will always be formed before the Red News Release,any Positions that running before The News Release In 1-2 Minutes,Close It
[quote=Benton;13464876]Yields has dropped a lot. So I don't believe that DXY would rise a lot! So GU dropping from here should be limited! I bought at 1.3762,[/quoIn my opinion, I think the reason for the drop across all currencies but yen and dollar is because if risk aversion following EU and US ban on China. Notice how gold and yen refuse to fall.
But now is the time to buy cos the market has reacted accordingly to the news.
Quoting babayaga
help needed! any thought where she could come (UP) ? GBPNZD {image}

1.9615 could be last point

let's see
dolce vita
Quoting Moty
{quote} {image}{image}
@Moty my friend, did you survive the drop without margin call?
Liu Kang is lurking
Unholy Experiment All Time Return: 1,827.8%
[quote=Tunapar01;13465092]
Quoting Benton
Yields has dropped a lot. So I don't believe that DXY would rise a lot! So GU dropping from here should be limited! I bought at 1.3762,[/quoIn my opinion, I think the reason for the drop across all currencies but yen and dollar is because if risk aversion following EU and US ban on China. Notice how gold and yen refuse to fall. But now is the time to buy cos the market has reacted accordingly to the news.
Your are right. DXY rising could be due to trade war with China. But when yield is dropping quickly, I think that DXY could not go too far. Look at DXY now. It starts dropping at the moment!
Quoting Sang.Real
GU Scalping long. Target YL Waiting for Powell Power in few hours. {image}
I am suspecting Powel won't shake the market today. What would he say that he hasn't said before?
Quoting Sang.Real
GU Scalping long. Target YL Waiting for Powell Power in few hours. {image}
I will close some of my long positions minutes before Powel speech!
Quoting Tunapar01
{quote} @Moty my friend, did you survive the drop without margin call?
yes , i was with normal lot size
now i am only with 20 pips down , at the lowest point i was 40 pips down
i started the week with 280 $ after i got to 500 , withdraw 300 and increased it on Friday .
in the last i am ranging between 150 to 250 .
now i am at 160 , and will be happy to close the day with 260 at least
[quote=Benton;13465111]
Quoting Tunapar01
{quote} Your are right. DXY rising could be due to trade war with China. But when yield is dropping quickly, I think that DXY could not go too far. Look at DXY now. It starts dropping at the moment!
Exactly, market reacted accordingly especially AUD and NZD. Like you said, the surprise is over, dxy should fall now.
Quoting calebfx
{quote} Looks nice lol what's this called? I see rice so I'm guessing it's some kinda Asian dish?
Is what I expect, of course waiting for confirmation and reacting not predicting

sorry for the jumble, hopefully get the idea
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Quoting Tunapar01
{quote} I am suspecting Powel won't shake the market today. What would he say that he hasn't said before?
So far Powell's attitude towards rising yield is "do nothing". If he changes the attitude, or says something indicating that he would do something to curb the rising yield, he could shake the market. In this case, yield would drop sharply, DXY drops, GU goes to moon! If he doesn't say anything about yield, nothing would happen.

Therefore, if his speech has any impact, the impact can only be GU going up, not the other way!

Am I wrong?
nadcad - buy now tp 0.90538

nzdusd buy limit 0.7000 tp 0.72375

AUDCHF sell limit 0.71650 or sell now. TP 20 PIPS

sl 20 pips
Quoting Moty
{quote} yes , i was with normal lot size now i am only with 20 pips down , at the lowest point i was 40 pips down i started the week with 280 $ after i got to 500 , withdraw 300 and increased it on Friday . in the last i am ranging between 150 to 250 . now i am at 160 , and will be happy to close the day with 260 at least
Hey Moty,

Consider trading for a prop firm with 100K. IMO You have what it takes to be a prop trader. You can trade up to 500K. Just imagine. you make some 300-500 $ week with with 200 $ Capitol. How much can you make with 100K capitol. you may want to choose according to your trading style though. Give it a shot.

Cheers !
Fools Rushing
level to watch now
1.3810
if not UP this level.....DOWN WE GO

dolce vita
Quoting Benton
{quote} So far Powell's attitude towards rising yield is "do nothing". If he changes the attitude, or says something indicating that he would do something to curb the rising yield, he could shake the market. In this case, yield would drop sharply, DXY drops, GU goes to moon! If he doesn't say anything about yield, nothing would happen. Therefore, if his speech has any impact, the impact can only be GU going up, not the other way! Am I wrong?
So if we expect his attitude to continue, then yields should continue their strong uptrend, no ?

10y prices below
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1.3850 or 1.37 ?
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Fools Rushing
Quoting MTF Test
1.3850 or 1.37 ? {image} {image}
1.37 more likely now that Liu is around
Unholy Experiment All Time Return: 1,827.8%
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