One sell has activated at 1.21100 SL 25 pips with TP at 1.20300
2
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} Scenario 1 materialized, entered Short a moment ago. Entry 1.20819, SL 1.21120, TP 1.20366. {image}Ignored
Disliked{quote} Woops, SL hit. Plan still be the same, go short if closed below lower key level / bounced off upper key level / bounced off daily pivot, go Long if closed above Daily pivot. Sometimes if 1st trade hit SL, if the direction initially predicted was correct, the 2nd trade will TP back, ending the day with net positive. I personally limit myself to 2 attempts per day if 1st one hit SL, hopefully later will have another valid entry and win it back, otherwise call it a day and try again tomorrow, there's always a new day! {image}Ignored
DislikedIf you are selling price can roam to 2130. Tempted to buy? Don't!Ignored
DislikedIt's going to go double digit this year for sure. I can only say this takes real rate differential further into the red with the UK likely to run hotter than the US going forward short term. {image}Government debt is not a limiting factor to how high interest rates can go. See this post by Chris from a few years ago explaining why high interest will not affect % to GDP by much. {image} {image}The post above is still relevant today, the figures could be slightly off but not the interest as a percent of GDP! {image}Uk is similar situ below,...Ignored
Dislikedthe news is bad for dollar , i think its risky to buy the dollar now maybe its trying to faking out with up move ..( intraday )Ignored