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Cable Update (GBPUSD)

  • #650,861
  • Feb 3, 2022 1:41pm Feb 3, 2022 1:41pm
Data:
We know US inflation is up.
Unemployment trend still dropping (and keeping below expectations)
https://www.forexfactory.com/calendar#detail=122950

The thing with data, is which data are the FED actually watching?
Compulsions can be hard to resist
  • #650,862
  • Feb 3, 2022 1:42pm Feb 3, 2022 1:42pm
Just checking last crazy up leg, looks one last leg up! Let it play,, daily doji most probable! Correct to 3577/70/55.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #650,863
  • Feb 3, 2022 1:45pm Feb 3, 2022 1:45pm
Quoting Nordling
{quote} Because ECB admitted for the first time that inflation risks are elevated and to the upside, and kept the door open for rate hikes in late 2022. That's a big change in the wording. Still EG long term direction is down. EU should continue to upside though.
Thanks. ECB shook the markets.

Your trades did well?
  • #650,864
  • Feb 3, 2022 1:55pm Feb 3, 2022 1:55pm
1.35757 -1.36063 is an important zone
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yes yes yes
  • #650,865
  • Feb 3, 2022 2:43pm Feb 3, 2022 2:43pm
Quoting Nordling
{quote} Because ECB admitted for the first time that inflation risks are elevated and to the upside, and kept the door open for rate hikes in late 2022. That's a big change in the wording. Still EG long term direction is down. EU should continue to upside though.

Yeah, I noticed that early on all the news sites were saying that ECB would keep rates steady. Lagarde's tone was rather hawkish in my opinion, so it's quite a shift from previous expectation.
Trying my best.
  • #650,866
  • Feb 3, 2022 2:48pm Feb 3, 2022 2:48pm
Quoting Jolita
{quote} Thanks. ECB shook the markets. Your trades did well?
Of course ma'am But it could be better

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https://www.myfxbook.com/members/Nor...legacy/9364022
You have to have an IQ higher than 90 to interact with this user.
  • #650,867
  • Feb 3, 2022 2:50pm Feb 3, 2022 2:50pm
Quoting moondoggie
{quote} Yeah, I noticed that early on all the news sites were saying that ECB would keep rates steady. Lagarde's tone was rather hawkish in my opinion, so it's quite a shift from previous expectation.
Exactly buddy. From saying "inflation is transitory" to this:

"While the outlook for inflation is uncertain, inflation is likely to remain elevated for longer than previously expected, but to decline in the course of this year. We will remain attentive to the incoming data and carefully assess the implications for the medium-term inflation outlook. We stand ready to adjust all of our instruments, as appropriate, to ensure that inflation stabilises at its two per cent target over the medium term. "
You have to have an IQ higher than 90 to interact with this user.
  • #650,868
  • Feb 3, 2022 2:57pm Feb 3, 2022 2:57pm
Added to my EURGBP shorts:

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  • #650,869
  • Feb 3, 2022 3:33pm Feb 3, 2022 3:33pm
Quoting kuroro001
{quote} Totally wrong seriously, you are messing smart and dumb money
Big Banks or Whales (are Non Commercial) are the REAL SMART MONEY on Financial Future......THEY move the market
  • #650,870
  • Feb 3, 2022 4:11pm Feb 3, 2022 4:11pm
Quoting OnlineAddict
Expecting some profit taking tomorrow...so shorting spikes above 3600.
Chart agrees, but its friday tomorrow, so lets wait if its going to be so easy.

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Everyone can see the chart, but only a few can actually read it.
  • #650,871
  • Feb 3, 2022 4:30pm Feb 3, 2022 4:30pm
Limit sell 13642. Patience
POSTMASTER
  • #650,872
  • Feb 3, 2022 4:46pm Feb 3, 2022 4:46pm
Attachment g
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To live a successful life, we must lose our fear of being wrong
  • #650,873
  • Feb 3, 2022 4:57pm Feb 3, 2022 4:57pm
definietely shorting this but the magic question, is at which level
  • #650,874
  • Feb 3, 2022 6:00pm Feb 3, 2022 6:00pm
Quoting Nordling
{quote} Of course ma'am But it could be better {image} https://www.myfxbook.com/members/Nor...legacy/9364022

You continually improve. Well done & keep it up!
  • #650,875
  • Feb 3, 2022 6:02pm Feb 3, 2022 6:02pm
Quoting helioss
{quote} Big Banks or Whales (are Non Commercial) are the REAL SMART MONEY on Financial Future......THEY move the market
Info from Barcharts -

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File Type: pdf Commitment Of Traders Positions.pdf   37 KB | 407 downloads
  • #650,876
  • Feb 3, 2022 6:44pm Feb 3, 2022 6:44pm
Inserted Video
not euphoria follower
  • #650,877
  • Feb 3, 2022 9:37pm Feb 3, 2022 9:37pm
Quoting Georginson
Sell recommended activated at 1.3623... {image}
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #650,878
  • Edited 11:21pm Feb 3, 2022 10:46pm | Edited 11:21pm
No standard pa, just crazy spikes up and down in higher tf indiciating great turmoils globally till settle!! Ceasefire of pandemic in eu may signal for great prospect while war threat over Ukraine may do opposite. One is common, they want more sacrifice of blood for better prospect regionally while global unrest continues!! Afterall as my prediction at the start of pandemic may come true, 22/23 as years of extreme global unrest and war!! Not happening yet with sick people raise their hands but as initial stage, govts engage in mock wars to divert people attention!! And presently after all failure to control and contain pandemic, surrender to the nature again ! As pandemic come in writing, my prediction daily next burst up 5millions daily new cases to 10 millions if tested and maintain data, here extreme data manipulation should already in action, and death after it confirm 11879 daily to burst towards previous top 17k to minimal abc pattern top /target 35k daily and next multiplies of it (even 100k) as greatest wave 2 should be in impulse. So virtually a mass human extinction may as just started!! May Allah bless all.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #650,879
  • Feb 3, 2022 11:01pm Feb 3, 2022 11:01pm
Oil still climbing.
Looks like 9280 coming up
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Compulsions can be hard to resist
  • #650,880
  • Feb 3, 2022 11:17pm Feb 3, 2022 11:17pm
Quoting trumps
Oil still climbing. Looks like 9280 coming up {image} {image}
Hope so Brent to 96 or direct 116 possible!if turmoils can continue to currencies, why not here as well!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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