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Cable Update (GBPUSD)

  • #632,181
  • Oct 20, 2021 2:00am Oct 20, 2021 2:00am
fresh scalp to Y'H
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  • #632,182
  • Oct 20, 2021 2:02am Oct 20, 2021 2:02am
Quoting Waveskierrob
{quote} I'm always hedging ........always be hedging, it' my bestest tool ever, ask Wolfie he knows
My earlier post is not advising anyone on how to trade

Just posting my thought on crisis handling during Under Water event.

Everyone is free to do whatever it takes to win this bloddy forex business.

Mayday mayday.... (is it a French word?)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #632,183
  • Oct 20, 2021 2:04am Oct 20, 2021 2:04am
Quoting Pat Chiko
{quote} Ho Bavin Bro Don't say " that's right" Just say " Maybe or probabaly" only.... Im under water with few long scalp now Nervous, its going for my SL Ha ha ha... Joking bro No angry to me. PAT

u know me..i have no clue..with all this underwater action ..i should learn to swim better

btw I was joking when I mentioned u in post
  • #632,184
  • Oct 20, 2021 2:06am Oct 20, 2021 2:06am
Quoting Jolita
{quote} I would think 4 hr candle should touch 1.3770.

I would think 4 hr candle should touch 1.3770.

She got it right

Common GU

Gimme on spike Up
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #632,185
  • Oct 20, 2021 2:09am Oct 20, 2021 2:09am
Quoting kk300
{quote} closed manually at 3782.. and bought 3786.. target 3900.. good luck all {image}
dead cat bounce to 3900.. lets go...
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  • #632,186
  • Oct 20, 2021 2:11am Oct 20, 2021 2:11am
Quoting nAVIN2007
If CPI came in higher than forecast this thing would have gone to the moon. Now because it came in lighter BOE may not raise interest rate. Hence the drop? thoughts plz ..This is not my area
CPI was monitored.
  • #632,187
  • Oct 20, 2021 2:13am Oct 20, 2021 2:13am
Quoting Jolita
{quote} CPI was monitored.
1.37700 touched , but today look like we are going to break some
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #632,188
  • Oct 20, 2021 2:13am Oct 20, 2021 2:13am
Quoting Pat Chiko
{quote} I would think 4 hr candle should touch 1.3770. She got it right Common GU Gimme on spike Up
Outch. Sorry, you had to cut a few.
  • #632,189
  • Edited 2:30am Oct 20, 2021 2:15am | Edited 2:30am
Quoting donfriday
{quote} your last post says 140, who are you deceiving?
no one is fooled, I only know the sign that it's going to rain, it's not me who decides
140 ---> is the peak of wave3 ( 1.618 zone ) even more than that 3.618 is possible for 3rd wave,
and if the price falls fails to reach that level and crash down I'm not surprised because we are in AB=CD zone that's means the power between sellers and buyers is the same

donfriday, trading is reading, not a blackbox mystery when a hundred in the past will yield a hundred in the future

edit : text typo in strikethrough
Daddy, Brother, Lover, Little Boy
  • #632,190
  • Edited 2:48am Oct 20, 2021 2:15am | Edited 2:48am
Quoting Jolita
{quote} CPI was monitored.

I think so..CPI if it came in very high than they have no control, raising interest rate would be a must

will be interesting to see what happens today..
  • #632,191
  • Oct 20, 2021 2:17am Oct 20, 2021 2:17am
Looking for retrace to enter short!
Don't trade what you think. Just what you see!!!
  • #632,192
  • Oct 20, 2021 2:17am Oct 20, 2021 2:17am
Inflation dropped very slightly maybe because of the fuel shortage which didn’t help. Also the rates rise should still happen as spending hasn’t dropped significantly 0.1% is very easily reversible
Insane in the Brain..
  • #632,193
  • Oct 20, 2021 2:18am Oct 20, 2021 2:18am
Quoting Pat Chiko
{quote} GU News spike. Hold position Moved SL as news expected to spike price taking out SL Structure intact. May add few more scalp position {image}
GU

Add one more at H4 demand zone

Common spike one tiime

Just like what Jolita instructed.. Time to fly now

Everyone.. Say thanks to Jolita
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #632,194
  • Oct 20, 2021 2:19am Oct 20, 2021 2:19am
Likely to fill y'day imbalance. 1.374 in mind.
But I don't trust myself, if someone think the same I would agree
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Air force
  • #632,195
  • Oct 20, 2021 2:23am Oct 20, 2021 2:23am
Quoting W0lfram
Likely to fill y'day imbalance. 1.374 in mind. But I don't trust myself, if someone think the same I would agree{image}
yes 1.374000 then 1.37700 then continue
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #632,196
  • Oct 20, 2021 2:24am Oct 20, 2021 2:24am
Waiting for Gu to retrace towards support. Then I will zoom in on the lower timeframes to look for a reversal setup. Pay attention on the specific levels!



Forex Risk Disclaimer
This is not trading advice. It is for informational purpose only. These are demo trades setups. This counts for all the signals and analyses given here by me.
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  • #632,197
  • Oct 20, 2021 2:25am Oct 20, 2021 2:25am
Quoting Theoak
Looking for retrace to enter short!
Short 1.3790
Don't trade what you think. Just what you see!!!
  • #632,198
  • Oct 20, 2021 2:27am Oct 20, 2021 2:27am
Quoting kris89
{quote} yes 1.374000 then 1.37700 then continue
thanks
Air force
  • #632,199
  • Edited 2:53am Oct 20, 2021 2:31am | Edited 2:53am
Quoting nAVIN2007
{quote} I think so..CPI if it came in very high than the have no control, raising interest rate would be a must will be interesting to see what happens today..
that's right Nav ,the lower number fits with the transitory narrative ,the only thing stopping rate shoot up is that narrative
I forgot to say a little caution=CPI is a a made up government number ,if I was the bank Id sway it down on that read
CPI matters because so many costs are tied to it .

A lower CPI provides at least two major benefits to the government:

  1. Many government payments, such as Social Security and the returns from TIPS, are linked to the level of the CPI. ...
  2. The CPI deflates some components used to calculate the real GDP—a lower inflation rate is reflective of a healthier economy.

On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #632,200
  • Edited 3:16am Oct 20, 2021 2:34am | Edited 3:16am
Quoting Jolita
{quote} I agree with your opinon. It just makes me very angry if we go ahead with the rate increase. BOE has been criticised by many investors and politicians about a mistake they will be later reversing. Actually, Mr Bailey has not said he will raise the rates. He said he will act on inflation. All are rumours and betting to pocket early. Seriously, will bank blindly disobey everyone? Not to sure about this...We have so many problems rising f.e. - debts increasing, Brexit problems just starting, pandemic made most people worse off. Furlough scheme...
its one or the other ,run away inflation or higher rates that's why he has to act
'After governor Andrew Bailey said on Sunday that the BoE “will have to act” to combat rising prices, markets brought forward the expected timing of the first interest rate rise to next month'
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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