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Cable Update (GBPUSD)

  • #658,021
  • May 5, 2022 1:59am May 5, 2022 1:59am
1.2620 will do for me for today
  • #658,022
  • May 5, 2022 2:00am May 5, 2022 2:00am
buyers wicks
conformation for long above 1.25451
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yes yes yes
  • #658,023
  • May 5, 2022 2:24am May 5, 2022 2:24am
Quoting Moty
waiting for buy signal {image}
buy buy buy
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yes yes yes
  • #658,024
  • May 5, 2022 2:29am May 5, 2022 2:29am
Quoting Moty
{quote} buy buy buy {image}
Sell sell sell at 1.2560



Different time frames - different perspectives.
...because you never know - until you do!
  • #658,025
  • May 5, 2022 2:38am May 5, 2022 2:38am
Quoting fxsport
{quote} Sell sell sell at 1.2560 Different time frames - different perspectives.
anything is possible
today it can drop to 1.23808 and go back up to 1.26000 and above
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yes yes yes
  • #658,026
  • May 5, 2022 2:38am May 5, 2022 2:38am
Nice swing up is building on 1h.
4h candles giving a nice sign up too. Not sure why you expect to go under 1.25?

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  • #658,027
  • May 5, 2022 3:02am May 5, 2022 3:02am
Quoting Jolita
1.2620 will do for me for today
Today 2700 will do for me. Already bought from near today's lows. In good profit. Let's pray that Mr. Bailey comes with a catapult to send GU over the moon.
  • #658,028
  • May 5, 2022 3:13am May 5, 2022 3:13am
Quoting Mitiblotch
{quote} Today 2700 will do for me. Already bought from near today's lows. In good profit. Let's pray that Mr. Bailey comes with a catapult to send GU over the moon.
1.27 to 1.28
  • #658,029
  • May 5, 2022 3:15am May 5, 2022 3:15am
Quoting Mitiblotch
{quote} Today 2700 will do for me. Already bought from near today's lows. In good profit. Let's pray that Mr. Bailey comes with a catapult to send GU over the moon.
Anything can happen.
There is a lot of criticism about todays expected rate increase by 0.25%. Inflation is around 8% and with rate increase will make even worse.
Will stay out before rate release. Keeping rate unchanged is a possibility, and if this will happen, could go eighter way - plummet at first and rise again as a safe choice.

Read this -
https://www.cnbc.com/2022/05/04/bank...ion-soars.html
  • #658,030
  • May 5, 2022 3:18am May 5, 2022 3:18am
Quoting Jolita
{quote} Anything can happen. There is a lot of criticism about todays expected rate increase by 0.25%. Inflation is around 8% and with rate increase will make even worse. Will stay out before rate release. Keeping rate unchanged is a possibility, and if this will happen, could go eighter way - plummet at first and rise again as a safe choice. Read this - https://www.cnbc.com/2022/05/04/bank...ion-soars.html
No problem. Thats why there is something called a stop loss, and I kept it at 2480.

On another note, what do these pundits even want? High inflation they start crying like babies for rate hikes. Now with high inflation they start crying again for a halt in hikes. They are confused and know absolutely nothing! The man wearing the shoes, who is Bailey, knows far better than they know or will ever know with regards to this matter. There is a reason he is the Bank Governor and they are just pundits.

All the major banks are raising rates to combat inflation and some people in some corner want to change the narrative with their writings?
  • #658,031
  • May 5, 2022 3:30am May 5, 2022 3:30am
Rate hikes likely absorb with resultant zero movements, price may back prior hour of news effects yesterday 2479!lets see.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #658,032
  • Edited 3:57am May 5, 2022 3:39am | Edited 3:57am
Quoting Mitiblotch
{quote} No problem. Thats why there is something called a stop loss, and I kept it at 2480. On another note, what do these pundits even want? High inflation they start crying like babies for rate hikes. Now with high inflation they start crying again for a halt in hikes. They are confused and know absolutely nothing! The man wearing the shoes, who is Bailey, knows far better than they know or will ever know with regards to this matter. There is a reason he is the Bank Governor and they are just pundits. All the major banks are raising rates to combat...
The problem is the cost of living increased a lot, retail sales down, meaning consumer spends less.
Interest rate increase will hit the consumers even more, mortgage rates will increase so on..
No one wants a recession. It's tuff for everyone, even for banks, expectations rising, they have to scratch their heads and make cash flows out of air.
Bailey is fairly new, works by the book and holds fat pockets, is he concerned enough?

Edit: Baileys yearly salary $680,050
Powell $203,500 a year and his net worth is 50mln dollars.

https://www.reuters.com/world/uk/wha...lk-2022-02-23/

https://uk.finance.yahoo.com/news/th...225131060.html
  • #658,033
  • May 5, 2022 3:46am May 5, 2022 3:46am
Quoting Jolita
{quote} The problem is the cost of living increased a lot, retail sales down, meaning consumer spends less. Interest rate increase will hit the consumers even more, mortgage rates will increase so on.. No one wants a recession. It's tuff for everyone, even for banks, expectations rising, they have to scratch their heads and make cash flows out of air. Bailey is fairly new, works by the book and holds fat pockets, is he concerned enough?
I fully understand. It's biting hard in most parts of the world for humans, except for some of us who are spirits. Lol... but on a lighter note, is it better not to hike and let inflation run as hot as possible? Or is there a workable midline approach?

Sorry for the typos. Fixed now.
  • #658,034
  • May 5, 2022 3:54am May 5, 2022 3:54am
Quoting fontu
Rate hikes likely absorb with resultant zero movements, price may back prior hour of news effects yesterday 2479!lets see. {image}
Agree! I have 1.2502 to 1.2479 as potential long zone, lets see
  • #658,035
  • May 5, 2022 3:56am May 5, 2022 3:56am
Have my finger on the trigger!!
average dude treading water
  • #658,036
  • May 5, 2022 3:59am May 5, 2022 3:59am
Quoting Jolita
Nice swing up is building on 1h. 4h candles giving a nice sign up too. Not sure why you expect to go under 1.25? {image}{image}








I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #658,037
  • May 5, 2022 4:02am May 5, 2022 4:02am
Quoting Moty
{quote} anything is possible today it can drop to 1.23808 and go back up to 1.26000 and above {image}


...because you never know - until you do!
  • #658,038
  • May 5, 2022 4:04am May 5, 2022 4:04am
WTF, everything is as expected, why going down now?
  • #658,039
  • May 5, 2022 4:06am May 5, 2022 4:06am
Quoting IBabyTrader
WTF, everything is as expected, why going down now?
Because bears are greedy. Hehe
  • #658,040
  • May 5, 2022 4:09am May 5, 2022 4:09am
Taking out stops lol like the usd did yesterday
Insane in the Brain..
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