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Cable Update (GBPUSD)

  • #667,641
  • Jul 6, 2022 10:53am Jul 6, 2022 10:53am
Quoting rahadian1
{quote} I'll wait for correction then sell more
Not losing money is almost good as making money
  • #667,642
  • Jul 6, 2022 10:55am Jul 6, 2022 10:55am
33 ministers have now resigned from the Uk govt today, so far. PM Bojo in front of the Liaison committee @ HOC. When he gets back to No.10 there are reportedly some cabinet ministers, Sky news reporting that this includes Zahawi the new chancellor, to tell him to go.
Trader with an Edge.
  • #667,643
  • Jul 6, 2022 11:05am Jul 6, 2022 11:05am
Get ready to buy Gold @1679.56 .. first retracement from that level..possibly minimum 800pips TP
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strawberryDJ Profit This Month: na
  • #667,644
  • Jul 6, 2022 11:07am Jul 6, 2022 11:07am
Quoting Headland
33 ministers have now resigned from the Uk govt today, so far. PM Bojo in front of the Liaison committee @ HOC. When he gets back to No.10 there are reportedly some cabinet ministers, Sky news reporting that this includes Zahawi the new chancellor, to tell him to go.
the numbers are going up quicker than the covid figures last year ! 34 now it’s crazy
Insane in the Brain..
  • #667,645
  • Jul 6, 2022 11:10am Jul 6, 2022 11:10am
Quoting BeeTogether
{quote} the numbers are going up quicker than the covid figures last year ! 34 now it’s crazy
Yeah and GBP fighting like vaccine
People don't plan to lose. They lose because they don't plan.
  • #667,646
  • Jul 6, 2022 11:17am Jul 6, 2022 11:17am
Quoting ScalaFX
{quote} Yeah and GBP fighting like vaccine
lol totally! range time FOMC minutes might provide some movement but as its a minutes from meeting could be muted. lets see how tomorrow goes
Insane in the Brain..
  • #667,647
  • Jul 6, 2022 11:21am Jul 6, 2022 11:21am
Quoting BeeTogether
{quote} the numbers are going up quicker than the covid figures last year ! 34 now it’s crazy
the support line is at 38 members buy there
  • #667,648
  • Jul 6, 2022 11:25am Jul 6, 2022 11:25am
beetogether check your pm and post your comments here please
  • #667,649
  • Jul 6, 2022 11:34am Jul 6, 2022 11:34am
Quoting BeeTogether
{quote} lol totally! range time FOMC minutes might provide some movement but as its a minutes from meeting could be muted. lets see how tomorrow goes
In short : FOMC Minutes of Meeting.

"June FOMC minutes: we’re serious about taming inflation
July FOMC minutes: guys we’re like super serious about taming inflation"


Jul 6 is FOMC minutes
Jul 8 is Unemployment Rate
Jul 13 is inflation rate for June
Jul 15 is Consumer Expectations
Earnings for Q2 kicks off July 19th
Jul 27 is FOMC
Jul 29 is GDP for Q2 (then we got Recession confirmed! )
I come from the future.
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  • #667,650
  • Jul 6, 2022 11:37am Jul 6, 2022 11:37am
Quoting Pat Chiko
{quote} In short : FOMC Minutes of Meeting. "June FOMC minutes: we’re serious about taming inflation July FOMC minutes: guys we’re like super serious about taming inflation" Jul 6 is FOMC minutes Jul 8 is Unemployment Rate Jul 13 is inflation rate for June Jul 15 is Consumer Expectations Earnings for Q2 kicks off July 19th Jul 27 is FOMC Jul 29 is GDP for Q2 (then we got Recession confirmed! )

FOMC Minutes tonight...

Know what it means?

It means we all get to act surprised & pretend like we don't know the bulk of what is mentioned inside.
We get to pretend like the meeting didn't already take place a few weeks ago and overreact to every word like it's new.

Have fun......
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,651
  • Jul 6, 2022 11:38am Jul 6, 2022 11:38am
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yes yes yes
  • #667,652
  • Jul 6, 2022 11:49am Jul 6, 2022 11:49am
Quoting Moty
{image}
Moty we need your rocket!!
Insane in the Brain..
  • #667,653
  • Jul 6, 2022 12:13pm Jul 6, 2022 12:13pm
1-hr warning: USD FOMC Meeting Minutes

The Dollar Index jumped above the weekly R2, signaling an upside continuation.

USD still surging.
Crude still falling.

There will likely be a large reversal near USD/EUR parity.
Possibly coincide with Boris Johnson sacking or a spike after FOMC minutes.

FOMC minutes won’t say anything that hasn’t been said so it should beak up.
Maybe it going to be like a non event.
But I’m wrong more than I’m right.

Enjoy the show.....

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,654
  • Jul 6, 2022 12:20pm Jul 6, 2022 12:20pm
Quoting navk
{quote} I would suggest you wait for July close.
  • #667,655
  • Jul 6, 2022 12:37pm Jul 6, 2022 12:37pm
I think that GBP and EUR will keep falling against the USD simply because the USA don't have an energy problem or wheat problem they have enough for themselves, the rescission will be more challenging in Europe.
  • #667,656
  • Jul 6, 2022 12:40pm Jul 6, 2022 12:40pm
Quoting Pat Chiko
1-hr warning: USD FOMC Meeting Minutes The Dollar Index jumped above the weekly R2, signaling an upside continuation. USD still surging. Crude still falling. There will likely be a large reversal near USD/EUR parity. Possibly coincide with Boris Johnson sacking or a spike after FOMC minutes. FOMC minutes won’t say anything that hasn’t been said so it should beak up. Maybe it going to be like a non event. But I’m wrong more than I’m right. Enjoy the show..... {image}

bleeding here...I was not stressed at all, but this bloody Boris is giving pain..
  • #667,657
  • Jul 6, 2022 12:40pm Jul 6, 2022 12:40pm
Quoting Moty
{image}
Maybe bounce.

Need to see from where it it bounce on FOMC minutes.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #667,658
  • Jul 6, 2022 12:41pm Jul 6, 2022 12:41pm
Quoting erez h
I think that GBP and EUR will keep falling against the USD simply because the USA don't have an energy problem or wheat problem they have enough for themselves, the rescission will be more challenging in Europe.
priced in ?? im expecting correction over dxy ...too much heat for $
  • #667,659
  • Jul 6, 2022 12:44pm Jul 6, 2022 12:44pm
Quoting Pat Chiko
1-hr warning: USD FOMC Meeting Minutes The Dollar Index jumped above the weekly R2, signaling an upside continuation. USD still surging. Crude still falling. There will likely be a large reversal near USD/EUR parity. Possibly coincide with Boris Johnson sacking or a spike after FOMC minutes. FOMC minutes won’t say anything that hasn’t been said so it should beak up. Maybe it going to be like a non event. But I’m wrong more than I’m right. Enjoy the show..... {image}

  1. a talk of 75 bps hike is expected ; so a minor fall on news
  2. talk below 75 bps and a spike up in cable

  • #667,660
  • Jul 6, 2022 12:45pm Jul 6, 2022 12:45pm
Quoting duongng2807
{quote} priced in ?? im expecting correction over dxy ...too much heat for $
Or maybe reversal point
People don't plan to lose. They lose because they don't plan.
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