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Cable Update (GBPUSD)

  • #653,981
  • Edited 11:48am Mar 16, 2022 11:32am | Edited 11:48am
Quoting Nd10
{quote} Who is really winning this war so far? Excuse my dumb question as I do not support this war at all
I don't think anyone outside of Putin and his cronies or at least anyone with free information not state propaganda, supports this war. No doubt militarily Russia are winning and would win if they chose to prosecute it till it's end, at least without nato's intervention. But, the real winners are Ukraine, and Putin has united a previously too complacent west with a common cause again, just like in the cold war. Putin will be the loser, and by extension - Russia.
----------------------------------------------------

...testing this prev 1hr/4hr sw hi zone to 3125 again, fib in there @ 3120, (61.8% 3194-3000.) Dly R2 circa 3131. Next 3 fib clusters 3148-59 and 3159-67
Trader with an Edge.
  • #653,982
  • Mar 16, 2022 11:48am Mar 16, 2022 11:48am
Quoting Wavegarrick
{quote} Buy trade opened at 1.3050 as per plan.
Hi Guys,
With the Us federal funds rate upon us in 1hr and 16 mins, I have moved my stops up. From a technical perspective, the market is moving up on Gu, however, we need to be cognizant of this event.
Trade safe,
Cheers.
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Trade to trade another day
  • #653,983
  • Mar 16, 2022 12:13pm Mar 16, 2022 12:13pm
...gotta love a bit of Fomc? The essential questions are;

a. Is +0.25% largely priced in?
b. Will market be disappointed with just +0.25%?
c. How hawkish/dovish will statement and press conf be in light of Ukraine thing shock to world economy?
Trader with an Edge.
  • #653,984
  • Mar 16, 2022 12:18pm Mar 16, 2022 12:18pm
Quoting MoneyZilla
{quote} Is she, really? Dolly Parton once wrote a song about her. The song is called Jolita: https://youtu.be/xrrPG_VlvIQ
hmmm.. nahh...
ZillaKami vs Dolly Parton 'Jolene'
  • #653,985
  • Mar 16, 2022 12:23pm Mar 16, 2022 12:23pm
shame i didn't took long gj
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yes yes yes
  • #653,986
  • Mar 16, 2022 12:38pm Mar 16, 2022 12:38pm
I am thinking out loud
Intreass rate up
Market down
Dollar up
Gu bulls trap ?!?!?!?
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yes yes yes
  • #653,987
  • Mar 16, 2022 12:40pm Mar 16, 2022 12:40pm
... challenging a prev 30min sw lo zone now, = prev supp = pot supp.

1hr below
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Trader with an Edge.
  • #653,988
  • Mar 16, 2022 12:51pm Mar 16, 2022 12:51pm
Very tricky
  • #653,989
  • Mar 16, 2022 12:55pm Mar 16, 2022 12:55pm
... contestants ready?
Trader with an Edge.
  • #653,990
  • Mar 16, 2022 1:02pm Mar 16, 2022 1:02pm
1.28xxx here we come
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yes yes yes
  • #653,991
  • Mar 16, 2022 1:09pm Mar 16, 2022 1:09pm
...doesn't really know what to do with it. Not gonna hang for the press conf. Be back during Ldn session tomorrow.

1hr below.
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Trader with an Edge.
  • #653,992
  • Mar 16, 2022 1:09pm Mar 16, 2022 1:09pm
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yes yes yes
  • #653,993
  • Mar 16, 2022 1:20pm Mar 16, 2022 1:20pm
Quoting Moty
{image}
right now..i cannot tell if this mf is going up or down..
kinda surprised they increased..most of the time its a smoke screen

edit:- it is not looking like up..lol
  • #653,994
  • Mar 16, 2022 1:22pm Mar 16, 2022 1:22pm
Quoting nAVIN2007
{quote} right now..i cannot tell if this mf is going up or down.. kinda surprised they increased..most of the time its a smoke screen edit:- it is not looking like up..lol
If there was anytime there was a surprise, not this time. Not at all this time.
  • #653,995
  • Mar 16, 2022 1:27pm Mar 16, 2022 1:27pm
keeping some sells opened... hoping for their best = down to below 1.29, hopefully even below 1.26...
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Maadik Hugiis. IQ 69.
  • #653,996
  • Mar 16, 2022 1:28pm Mar 16, 2022 1:28pm
Quoting MoneyZilla
keeping some sells opened... hoping for their best = down to below 1.29, hopefully even below 1.26...{image}{image}

doubt it
added my last 2 buys..
  • #653,997
  • Mar 16, 2022 1:31pm Mar 16, 2022 1:31pm
Quoting nAVIN2007
{quote} doubt it
i am gambling it. have no idea where the rate will go... aiming at 1.41 to 1.26. if it happens this year, it happens. if not, will catch the next 0.15 cents later this year or the next one... the time comes.
Maadik Hugiis. IQ 69.
  • #653,998
  • Mar 16, 2022 1:32pm Mar 16, 2022 1:32pm
Quoting MoneyZilla
keeping some sells opened... hoping for their best = down to below 1.29, hopefully even below 1.26...{image}{image}
Same here. Short. TP below 3000. I'll be happy to see that number breached. Risky, though.
  • #653,999
  • Mar 16, 2022 1:38pm Mar 16, 2022 1:38pm
Quoting Nd10
{image} Didn't realize i have been awarded a yellow badge. Glad about this. Cheers folks as we continue to strive to better our trades. Some trades taken out while a bulk is still running. Waiting for retracements around yearly S1 of 1.3050 area to Re add buys and continue on our quest to 1.34 - 1.36 area. If no retracements, we continue with the ones we have but no sells for me
As I Hoped, more buys added around yearly support of 1.3050. let's see
  • #654,000
  • Mar 16, 2022 1:39pm Mar 16, 2022 1:39pm
Quoting MoneyZilla
{quote} i am gambling it. have no idea where the rate will go... aiming at 1.41 to 1.26. if it happens this year, it happens. if not, will catch the next 0.15 cents later this year or the next one... the time comes.
What say you if the 2 prices happen this year?
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