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Cable Update (GBPUSD)

  • #663,801
  • Jun 15, 2022 10:10am Jun 15, 2022 10:10am
Mr Spike on standby.

Which liquidity first shall it wipe out first.......

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P/S I only will trade after the news, if there is set up.
If not I will stand down
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,802
  • Jun 15, 2022 10:11am Jun 15, 2022 10:11am
Not sure if just a broker gap USDX 104.00 to 104.19 (Yellow Highlight)? or across the board. Pre-Fomc
Cheers.
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Trade to trade another day
  • #663,803
  • Jun 15, 2022 10:16am Jun 15, 2022 10:16am
Quoting donfriday
{quote} you are posting to compare ur view with other but not to take there trade you should know better by now
Right, nobody perfect.
will not happen again.
  • #663,804
  • Jun 15, 2022 10:17am Jun 15, 2022 10:17am
3xWell
  • #663,805
  • Jun 15, 2022 10:19am Jun 15, 2022 10:19am
T-41mins
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Trader with an Edge.
  • #663,806
  • Jun 15, 2022 10:23am Jun 15, 2022 10:23am
Quoting Pat Chiko
Fed Rate Hike Guesses Barclays +75bps Deutsche Bank +75bps CapEcon +75bps Goldman +75bps JPMorgan +75bps Jefferies +75bps Nomura +75bps SocGen +75bps TD +75bps Wells +75bps BNP +50bps BofA +50bps Citi +50bps Credit Suisse +50bps HSBC +50bps Morgan Stanley +50bps StanChart +50bps If Fed only does 50 bps tomorrow, equity markets will sell off, bc they will lose further confidence in the Fed. On the contrary, if they do 75 equity might sell off because they don't enough confidence in the fed. And if they do 100, equity will sell off because everyone...
i wish i know all this fundamental side .

i am just a d head
MY OPINION NOT FINANCIAL ADVISE
  • #663,807
  • Jun 15, 2022 10:24am Jun 15, 2022 10:24am
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yes yes yes
  • #663,808
  • Jun 15, 2022 10:25am Jun 15, 2022 10:25am
...when Clinton left office 22years ago U.s national debt stood @ circa $4tr, and he was the last and one of the only 2 or 3 I think it is, Presidents to balance the books re govt spending and income. (He did it 3 times from memory.) Someone should have taught someone amount exponentially and the doubling time etc... What is it now? $30.5tr and rising. If Uk were ever to start actually paying their debt back, (national debt never gets paid back it just rolls over and increases whilst the interest is serviced,) it would take 1,000+ years at a 'semi-affordable' rate, whatever that means.

Have you noticed how national debt is always expressed as a % of GDP,? That is because if they expressed it as a % of govt income, which is what should actally pay it back/service it in the meantime, it would frighten the horses.
Trader with an Edge.
  • #663,809
  • Jun 15, 2022 10:26am Jun 15, 2022 10:26am
Quoting donfriday
{quote} i wish i know all this fundamental side . i am just a d head
The thread is very quiet lately, do you know why?
  • #663,810
  • Jun 15, 2022 10:30am Jun 15, 2022 10:30am
__________ Stay close to ur puter [ I mean cell or mobile crappp ] hav a plan " B" ready if ur tradin with Real Genuine $$$ that is !
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Don’t focus on making $$$, focus on protecting what you have.
  • #663,811
  • Jun 15, 2022 10:32am Jun 15, 2022 10:32am
Quoting donfriday
{quote} i wish i know all this fundamental side . i am just a d head
You are not a dhead. Trade your trade and don't worry about fundamentals. I would never trade if I had to worry about fundamentals.
Cheers.
Trade to trade another day
  • #663,812
  • Jun 15, 2022 10:44am Jun 15, 2022 10:44am
Quoting Wavegarrick
{quote} You are not a dhead. Trade your trade and don't worry about fundamentals. I would never trade if I had to worry about fundamentals. Cheers.
Absolutely right, there are many 'it's all in the price / what will happen will happen' traders re TA. You'll be lucky sometimes and not on others re keeping a position untouched into a big fundie announce/data release. It would probably be a 50:50 thing over time anyway?
Trader with an Edge.
  • #663,813
  • Jun 15, 2022 10:45am Jun 15, 2022 10:45am
Quoting JereMi256
{quote} Hello Moty, where is your SL?
I lost it in the ocean like Britney spears
yes yes yes
  • #663,814
  • Jun 15, 2022 10:46am Jun 15, 2022 10:46am
Hello traders,

FOMC data and conference in few minutes so i suggest no trade should be taken as volatility is expected to pick up like crazy .

I think the best strategy for GBPUSD is to sell high as the downside momentum still in tact.

Wish you all happy trading.

Thanks
I always knew that someday I would make it big
  • #663,815
  • Jun 15, 2022 10:47am Jun 15, 2022 10:47am
Bring your popcorns and watch GBP fall and DXY fly
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #663,816
  • Jun 15, 2022 10:49am Jun 15, 2022 10:49am
watch DXY fly against EVERYTHING bbaby
  • #663,817
  • Jun 15, 2022 10:53am Jun 15, 2022 10:53am
thats true and I have been focusing on fundamentals thinking it will help my trade but I has not for once trades always go against me during fundamentals
  • #663,818
  • Jun 15, 2022 10:56am Jun 15, 2022 10:56am
Quoting Whale
{quote} The thread is very quiet lately, do you know why?


maybe scared to be wrong when posting..

you can never be right if u dont try
MY OPINION NOT FINANCIAL ADVISE
  • #663,819
  • Jun 15, 2022 10:58am Jun 15, 2022 10:58am
Quoting Moty
{quote} I lost it in the ocean like Britney spears
i learnt afew things from your style of trading except that one bit where you let your ship sail free without an anchor.
Face 'ur fears & tame 'ur greed
  • #663,820
  • Jun 15, 2022 11:02am Jun 15, 2022 11:02am
Quoting samsha786
{image} The dollar is too strong! USDCHF is going to make a new high.
WOW!!! Lol . 1.75% rate increase.
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SublimeSear