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Cable Update (GBPUSD)

  • #675,661
  • Aug 15, 2022 8:39am Aug 15, 2022 8:39am
Crazy Pair
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #675,662
  • Aug 15, 2022 8:44am Aug 15, 2022 8:44am
The MOFO is not dropping grrr… needs Moty’s hammer! I sense another test of 12050 if not today then tomorrow.
Insane in the Brain..
  • #675,663
  • Aug 15, 2022 8:45am Aug 15, 2022 8:45am
Quoting BeeTogether
The MOFO is not dropping grrr… needs Moty’s hammer! I sense another test of 12050 if not today then tomorrow.
Don't be in a hurry. It will sink. I see people buying at what would be the right shoulder on the daily but it'll just sink through it.
  • #675,664
  • Aug 15, 2022 8:48am Aug 15, 2022 8:48am
Quoting Mitiblotch
{quote} Don't be in a hurry. It will sink. I see people buying at what would be the right shoulder on the daily but it'll just sink through it.
True .. actually im just bored at work , so watching the trade is more interesting lol
Insane in the Brain..
  • #675,665
  • Aug 15, 2022 8:50am Aug 15, 2022 8:50am
Well that's my set-up!!

Short in at 1.2083
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Don't trade what you think. Just what you see!!!
  • #675,666
  • Aug 15, 2022 8:51am Aug 15, 2022 8:51am
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yes yes yes
  • #675,667
  • Aug 15, 2022 8:51am Aug 15, 2022 8:51am
Looking to buy scalp from 1.20700 zone
Extreme gut feeling trader
  • #675,668
  • Aug 15, 2022 8:52am Aug 15, 2022 8:52am
Quoting BeeTogether
{quote} True .. actually im just bored at work , so watching the trade is more interesting lol
Bet you were not bored the weekend!!!
Don't trade what you think. Just what you see!!!
  • #675,669
  • Aug 15, 2022 8:53am Aug 15, 2022 8:53am
Quoting Moty
{image}
Do you calculate your daily pivots or do you use an indicator?
  • #675,670
  • Aug 15, 2022 8:55am Aug 15, 2022 8:55am
Quoting Blazed
{quote} Do you calculate your daily pivots or do you use an indicator?
in FF search bar just type pivot indicator , a beautiful girl in beach wear appears and gives you a download link
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  • #675,671
  • Aug 15, 2022 8:55am Aug 15, 2022 8:55am
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yes yes yes
  • #675,672
  • Aug 15, 2022 8:56am Aug 15, 2022 8:56am
Missed the fun this morning as engaged elswhere. After a little look I was hoping to see 12050 hit again so put a long order in at 12053, but unfortunately it never returned (yet)
Reading all other posts I was surprised not to see a few more whoop whoop after some of those posts. Once again people have been choosing the correct trade but are being stopped out. Ever since Ive traded GU the S/L has and can always be quite a number of pips therefore with smll S/L you get wiped out. Just looking at the 30M charts you can see the volatility in the upward trend of a retrace. Great for scalping but useless when setting a T/P with too small a S/L.

Just my observations but I wish you all good fortune.
  • #675,673
  • Aug 15, 2022 8:57am Aug 15, 2022 8:57am
Quoting Theoak
{quote} Bet you were not bored the weekend!!!
Nope was a very good one !! and to top it off went to watch Bullet train with brilliant!
Insane in the Brain..
  • #675,674
  • Aug 15, 2022 8:57am Aug 15, 2022 8:57am
Quoting hussin naiji
{quote} Higher inflation= Higher prices and lower sales=Less GDP therefor we will see a downtrend for FTSE 100 in the next weeks
Yes, GDP is down right along with energy usage.
There's another massive domestic energy rise in October with no one at the government wheel.
My point is not to expect an interest rate ceiling due to the government debt level.
Many people say higher rates would send the government bust, but higher rates are not a government financial problem with higher inflation the worst outcome.
A lot of any rate rise is offset to a government in the ways pointed out in the post.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #675,675
  • Aug 15, 2022 9:11am Aug 15, 2022 9:11am
Quoting montygoldy
Looking to buy scalp from 1.20700 zone
alright was getting impatient coz of my work meeting.... entered long for 10 pips scalp...... lets see. last one of the day whichever way it goes
Extreme gut feeling trader
  • #675,676
  • Aug 15, 2022 9:12am Aug 15, 2022 9:12am
Quoting Moty
{image}
or...
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Always trade your own plan...I don't provide trading signals.
  • #675,677
  • Edited 9:45am Aug 15, 2022 9:12am | Edited 9:45am
got time to see , still playing over 2060 as pa over multiple supports , and as broken 2099 , anominal limit likely to be broken price likely up above 2148 before next good tanking but in this pa previous low still may be tested , 2031/15/2003 or at least 2060 retest!, and if eu may test 0163 it may go lower targets too .so will wait for next bear targets before 2148 play !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #675,678
  • Aug 15, 2022 9:12am Aug 15, 2022 9:12am
Monday was fun

lets see what else do we have this week
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  • #675,679
  • Aug 15, 2022 9:18am Aug 15, 2022 9:18am
Quoting Reverso
{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}
Entered Short just now.
Entry 1.20808, SL 1.21150, TP 1.20296.

This will be the last trade for today, TP or SL, it's up to the market.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 62.8%
  • #675,680
  • Aug 15, 2022 9:18am Aug 15, 2022 9:18am
Quoting Bones
{quote} Yes, GDP is down right along with energy usage. There's another massive domestic energy rise in October with no one at the government wheel. My point is not to expect an interest rate ceiling due to the government debt level. Many people say higher rates would send the government bust, but higher rates are not a government financial problem with higher inflation the worst outcome. A lot of any rate rise is offset to a government in the ways pointed out in the post.
Crude oil down in last 3 months. Just starting to see this at the pumps.

Not sure if the 80's economic model works anymore, but this is the approach of most modern economies.

Can they increase the interest rate? I'm not so sure!
Don't trade what you think. Just what you see!!!
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