Or at least GU is going down, (presuming a close this week below 3581).
Compulsions can be hard to resist
Cable Update (GBPUSD)
- #649,021
- Jan 21, 2022 4:26am Jan 21, 2022 4:26am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Compulsions can be hard to resist
- #649,023
- Jan 21, 2022 4:59am Jan 21, 2022 4:59am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
{quote} Agree
BJ not stepping down, government has big trust issues to solve, will take time to sooth this wound.
Dollar is hawkish right now, big money fixing inflation issues behind closed doors.
I love day dreaming!
Trading these lot sizes would be a fantazy becoming a reality. 2 days gaming account
- #649,024
- Jan 21, 2022 5:05am Jan 21, 2022 5:05am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #649,025
- Jan 21, 2022 5:25am Jan 21, 2022 5:25am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #649,028
- Jan 21, 2022 5:36am Jan 21, 2022 5:36am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
someone said here the usd will collapse next week. so here is not a bad buying point... {image}
look for the next one, if it happens to be below that price...
Maadik Hugiis. IQ 69.
- #649,029
- Jan 21, 2022 5:47am Jan 21, 2022 5:47am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
{quote} GU political sentiment changed. BJ not stepping down, government has big trust issues to solve, will take time to sooth this wound. Dollar is hawkish right now, big money fixing inflation issues behind closed doors. I love day dreaming!
"the public is not yet ready for it" W.D. GANN
- #649,031
- Jan 21, 2022 6:07am Jan 21, 2022 6:07am
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Compulsions can be hard to resist
- #649,032
- Jan 21, 2022 6:08am Jan 21, 2022 6:08am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
{quote} even in daydreaming, 10 lots considered reckless, might be the side effects of cold
Ha ha side effects for sure, 1 / 2 lots too boring mate. So, tried out round number, super easy scooping fast moving markets especially falling knives, only large pocket is the issue
- #649,033
- Jan 21, 2022 6:18am Jan 21, 2022 6:18am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
come on weekly s1 , be my hero
yes yes yes
- #649,034
- Jan 21, 2022 6:35am Jan 21, 2022 6:35am
- Joined Sep 2017 | Status: Trader | 11,213 Posts | Online Now
- #649,035
- Jan 21, 2022 6:44am Jan 21, 2022 6:44am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #649,036
- Jan 21, 2022 7:05am Jan 21, 2022 7:05am
- Joined Jun 2018 | Status: An ordinary brother | 4,595 Posts
Hmm... I see this thing going high up today. It is a wonder how EU keeps standing tall and GU falls like a pack of cards! All this is about EURGBP. For price to move up they take EU up or make it stable while they dump GU. What a game!
{quote} Hi Miti Yes and EurGBP is trading off a historically (5 years) strong bounce area at 0.8300. We could see a period of Pound weakness. Cheers. {image}
My target is 0,8400 or even 0,8500. It takes time of course ... but I can wait.
- #649,037
- Jan 21, 2022 7:10am Jan 21, 2022 7:10am
- Joined Sep 2015 | Status: Under Pressure | 4,596 Posts
Together we can be strongest
Vantage Return This Month:
na
- #649,038
- Edited 10:51am Jan 21, 2022 7:19am | Edited 10:51am
- Joined Sep 2017 | Status: Trader | 4,360 Posts
{quote} Back in the days that pattern you have there is a good base for a buy. These days patterns are violated like it's nothing. I have been itching to buy GU. I don't know if it's the right thing. But GU didn't even touch the daily pivot at 3616 and it dumped. I just got in a buy at 3563. Even a spike to 3600 is welcome.
My logical assumption then would be that the dollar would depreciate in this quarter sending both the euro and the pound up at but at different speeds.
If the Euro strengthens and the dollar goes into ranging. In other words, staying neutral could send Gu down seeing that the pound would be the weakest and sending Eu and Eg up which is my assumption at this point.
Never easy, is it
and the answer will only become clear as time goes by.Cheers.
Trade to trade another day
- #649,039
- Jan 21, 2022 7:31am Jan 21, 2022 7:31am
- Joined Sep 2017 | Status: Trader | 4,360 Posts
{quote} {quote} I am glad I am on the same boat.
Nice to see you around Bud. May this year be good to us all
Cheers
Leon
Trade to trade another day
- #649,040
- Jan 21, 2022 7:34am Jan 21, 2022 7:34am
- Joined Jun 2018 | Status: An ordinary brother | 4,595 Posts
{quote} Hi Bigiive, Nice to see you around Bud. May this year be good to us all
