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Cable Update (GBPUSD)

  • #635,741
  • Nov 3, 2021 1:17pm Nov 3, 2021 1:17pm
Quoting W0lfram
{quote} https://www.cmegroup.com/trading/int...n-to-fomc.html
Much appreciated. Thanks.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #635,742
  • Nov 3, 2021 1:24pm Nov 3, 2021 1:24pm
MM are trying to suck in sellers. Price has not moved much. I think it’s possible that price might spike up to 1.37100 before we get a correction downwards. Just a guess.
  • #635,743
  • Nov 3, 2021 1:29pm Nov 3, 2021 1:29pm
Quoting Houtbay
MM are trying to suck in sellers. Price has not moved much. I think it’s possible that price might spike up to 1.37100 before we get a correction downwards. Just a guess.
great idea , see #635.744
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  • #635,744
  • Nov 3, 2021 1:30pm Nov 3, 2021 1:30pm
Quoting Pat Chiko
{quote} GU Sometimes we have to stop. Think for a while what Market Maker are trying to do. They trade in hundred million lot, not 10 or 20. How they want to off load the position without crashing it. Spike up to clear some of their order ( may be 50%,) They need to off load more, therefore let price come up again Who are the buyer ?. The early seller who short after the initial spike up. I added more position ( this is good greed), when price goes down coz they are bringing it up again to take all the stop. The article provided to you is just that....
1 pip away from target and you add more? Who are you?
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  • #635,745
  • Edited 2:39pm Nov 3, 2021 1:58pm | Edited 2:39pm
Quoting Jolita
{quote} Covid cases in the UK are rising daily, majority are jabbed. Now covid situation in the USA is improving, hard to believe. Inflation under control or ridged? There was also Risk On mentioned. I guess everyone is confused not only Donfriday, Feds or myself.
you can be sure they won't raise FED fund rate while carrying out QE & that consumer rates will follow inflation
COVID disaster you name it ,it's the only tool or raise taxes ,
politically interest rates are out of government control (or should be) they can say not my fault ,
I mean transitory is a word that needs defining ,thats why they use it

You can't trust these people
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #635,746
  • Nov 3, 2021 2:01pm Nov 3, 2021 2:01pm
all out for today
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yes yes yes
  • #635,747
  • Nov 3, 2021 2:02pm Nov 3, 2021 2:02pm
So I didn’t expect that. Thought tapering would send cable down. Maybe it’s down to no rate rise. Let’s see how BoE causes mayhem tomorrow
Insane in the Brain..
  • #635,748
  • Nov 3, 2021 2:18pm Nov 3, 2021 2:18pm
lol powell ( stand back ) wow kid, ur suck
  • #635,749
  • Nov 3, 2021 2:35pm Nov 3, 2021 2:35pm
SHORT
TP 1.35734
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My telegram: https://t.me/avidforex
  • #635,750
  • Edited 3:04pm Nov 3, 2021 2:45pm | Edited 3:04pm
it would be interesting to see the one of M30 bars close above 1.3705. Or better two of them.
Air force
  • #635,751
  • Nov 3, 2021 2:47pm Nov 3, 2021 2:47pm
That's me done +85 pips for the day.....5 SHORTs underwater, nighty night
  • #635,752
  • Nov 3, 2021 3:11pm Nov 3, 2021 3:11pm
Quoting W0lfram
it would be interesting to see the one of M30 bars close above 1.3705. Or better two of them.
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Price closed above 1.3705 in 324 of last 480 M30 Bars. Cheers, Mate.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #635,753
  • Nov 3, 2021 4:33pm Nov 3, 2021 4:33pm
Great day of trading. Everything went accordingly.
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  • #635,754
  • Nov 3, 2021 4:36pm Nov 3, 2021 4:36pm
Cheers to everyone in the blue today.
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  • #635,755
  • Nov 3, 2021 4:40pm Nov 3, 2021 4:40pm
Quoting kris89
Sell more harder @1.36600
SL Hitted last night . Price on a seller Zone maybe we can see a little playing around these area. But still im stick to sell plan untip price reach invalidation zone xD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #635,756
  • Nov 3, 2021 4:46pm Nov 3, 2021 4:46pm
Y'all know me. Come check me out, my good people.
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  • #635,757
  • Nov 3, 2021 4:49pm Nov 3, 2021 4:49pm
The range support will be tested.
  • #635,758
  • Nov 3, 2021 4:52pm Nov 3, 2021 4:52pm
Quoting W0lfram
it would be interesting to see the one of M30 bars close above 1.3705. Or better two of them.
That would be nice. That'll be in my favor. I like your way of thinking W0lfram.
  • #635,759
  • Nov 3, 2021 5:17pm Nov 3, 2021 5:17pm
Trying the sky

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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #635,760
  • Nov 3, 2021 5:45pm Nov 3, 2021 5:45pm
Quoting kris89
Trying the sky {image}
Will see 1.36600 - 1.36400 area react lqter for holding or switch
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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