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Cable Update (GBPUSD)

  • #651,801
  • Feb 11, 2022 9:35am Feb 11, 2022 9:35am
Quoting Jolita
{quote} Indecision time. Fed rate rise projected min x 6 in 22, meaning a recession, too much debt, cost of living is high. Some good advice - Does a Recession Have an Impact on Forex? | Forex Academy
If this does happen it kinda reminds me of when Alan Greenspan (ex fed chief) raised the rate x consecutive times from low to circa 5% and then we all know what happened next - the great financial sub-prime crash of 2008, when the world learnt what CDO's and CDS's were, but the 'free' education was the least of the problems, lol!
Trader with an Edge.
  • #651,802
  • Feb 11, 2022 9:41am Feb 11, 2022 9:41am
Quoting viktoriaxz
ako pogledate h1 dugo je postrance.ako pogledate h4 trebalo bi da padne.Ali kad ne znam.sigurno je ispod 1,35 biće.ako pogledate h4.
... H4 - higher highs, higher lows in the last 70 candles, ... daily - rising from 08.12.2021 .... I don't know what picture you're looking at ...
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  • #651,803
  • Feb 11, 2022 9:47am Feb 11, 2022 9:47am
Quoting Jolita
{quote} Indecision time. Fed rate rise projected min x 6 in 22, meaning a recession, too much debt, cost of living is high. Some good advice - Does a Recession Have an Impact on Forex? | Forex Academy
yeah, therefore the projections can be more fantasies, the chart will decide
  • #651,804
  • Feb 11, 2022 9:50am Feb 11, 2022 9:50am
1hr & 4hr below

have a good w/e all.
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Trader with an Edge.
  • #651,805
  • Edited 10:23am Feb 11, 2022 10:07am | Edited 10:23am
Quoting Headland
{quote} If this does happen it kinda reminds me of when Alan Greenspan (ex fed chief) raised the rate x consecutive times from low to circa 5% and then we all know what happened next - the great financial sub-prime crash of 2008, when the world learnt what CDO's and CDS's were, but the 'free' education was the least of the problems, lol!
yeah, a war in Europe will push probably the $ higher, but I hope this is another fantasy, there is a big asian county which can win without any war

Blinken: In a window when invasion could begin at any time | Forex Factory
  • #651,806
  • Feb 11, 2022 10:09am Feb 11, 2022 10:09am
The daily chart shows that the price consolidated for quite a while. However, today's (Friday's) candle has been bullish so far. If the candle closes as a bullish candle, the price may remain bullish and end up making a breakout at the last swing high.
  • #651,807
  • Feb 11, 2022 10:32am Feb 11, 2022 10:32am
Quoting maxi444
{quote} yeah, a war in Europe will push probably the $ higher, but I hope this is another fantasy, there is a big asian county which can win without any war Blinken: In a window when invasion could begin at any time | Forex Factory

dollar strength will be in question, risk reversal
  • #651,808
  • Edited 11:09am Feb 11, 2022 10:36am | Edited 11:09am
Quoting Headland
{quote} If this does happen it kinda reminds me of when Alan Greenspan (ex fed chief) raised the rate x consecutive times from low to circa 5% and then we all know what happened next - the great financial sub-prime crash of 2008, when the world learnt what CDO's and CDS's were, but the 'free' education was the least of the problems, lol!
I wasn't around then, only heard of housing market crash. Sounds pretty scary though, hopefully we are far away from this.

Just checked 2008 chart, GU skydived from 1.94 to 1.36 current level, over 6000 pips between Aug 08 and Jan 09. Shocking!
Lets stay positive
  • #651,809
  • Feb 11, 2022 10:43am Feb 11, 2022 10:43am
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yes yes yes
  • #651,810
  • Feb 11, 2022 11:34am Feb 11, 2022 11:34am
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yes yes yes
  • #651,811
  • Feb 11, 2022 12:06pm Feb 11, 2022 12:06pm
Quoting corongumet
{quote} Good trade my friend, Stay a green, and happy weekend
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  • #651,812
  • Feb 11, 2022 12:20pm Feb 11, 2022 12:20pm
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yes yes yes
  • #651,813
  • Feb 11, 2022 12:20pm Feb 11, 2022 12:20pm
was running in profits after the entry but Ended up scratching out with only $672 profit. As soon as they threw the hammer and consolidated, felt they might hold out that level until markets close, turns out that way. Now it's a 50/50 proposition that I ain't comfortable with. They could go up to the peak at \Monday open to form the second leg of the M or drop down Monday, trigger the stops of today's buyers
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Executing trades with precision!!
  • #651,814
  • Feb 11, 2022 12:45pm Feb 11, 2022 12:45pm
You shell not pass 96 mf
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yes yes yes
  • #651,815
  • Feb 11, 2022 12:49pm Feb 11, 2022 12:49pm
Guys look at what is happening on the GBP pairs. I knew I was right, but they won because I got impatient. noooooo GJ nooooo

I knew today's buyers would get smacked soon, but seeing it almost day end, i thought it would be on monday
Executing trades with precision!!
  • #651,816
  • Feb 11, 2022 12:55pm Feb 11, 2022 12:55pm
Quoting Learner-xx
Guys look at what is happening on the GBP pairs. I knew I was right, but they won because I got impatient. noooooo GJ nooooo I knew today's buyers would get smacked soon, but seeing it almost day end, i thought it would be on monday
Happening on every pair. Everything crashing. BTCUSD, USDJPY, GBPJPY, etc. 3verything crashing because of a tweet of Russia invading Ukraine.
  • #651,817
  • Feb 11, 2022 1:03pm Feb 11, 2022 1:03pm
Quoting Mitiblotch
{quote} Happening on every pair. Everything crashing. BTCUSD, USDJPY, GBPJPY, etc. 3verything crashing because of a tweet of Russia invading Ukraine.
Why dont Gold and oil fall ?
  • #651,818
  • Feb 11, 2022 1:06pm Feb 11, 2022 1:06pm
Quoting Mitiblotch
{quote} Happening on every pair. Everything crashing. BTCUSD, USDJPY, GBPJPY, etc. 3verything crashing because of a tweet of Russia invading Ukraine.
I want him to come back and say that its a joke
  • #651,819
  • Edited 1:16pm Feb 11, 2022 1:06pm | Edited 1:16pm
Usdx started with strong bull pa, still to confirm though and likely in impulse up!!
Gu to fight for 3530 close, better test reaction low 3522.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,820
  • Feb 11, 2022 1:08pm Feb 11, 2022 1:08pm
Quoting Learner-xx
Guys look at what is happening on the GBP pairs. I knew I was right, but they won because I got impatient. noooooo GJ nooooo I knew today's buyers would get smacked soon, but seeing it almost day end, i thought it would be on monday
What's happening
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