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Cable Update (GBPUSD)

  • #678,761
  • Aug 26, 2022 11:45am Aug 26, 2022 11:45am
Gold - the only running position:

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"Exchange of hands"
  • #678,762
  • Aug 26, 2022 12:04pm Aug 26, 2022 12:04pm
How are buyers doing?
  • #678,763
  • Aug 26, 2022 12:06pm Aug 26, 2022 12:06pm
Today the principle worked: Asia's direction finally won. Early next week we will sink it to 1650 hopefully.
  • #678,764
  • Aug 26, 2022 12:22pm Aug 26, 2022 12:22pm
Quoting Matej.FX
No news on Monday and a holiday in GB. I feel Monday is going to be great for trading. Usually no news means range and nothing happens, but with London out of the picture, well should be great. Next week's forecasts for USD aren't good at all. Took some time for me to learn that higher inflation is actually "good", why, well well because then market expects more rate hikes. Until some time I was buffled how can an inflation above 10% be considered good, green on FF. Have an excuse though, never traded at times like this.. some did back in 2008 but...
Good point! Problem is. There is that much debt. People are living hand to mouth. I don't think they can increase the interest rates!
Don't trade what you think. Just what you see!!!
  • #678,765
  • Aug 26, 2022 12:31pm Aug 26, 2022 12:31pm
what a day !

r2 to s2 .

Very very rare.

This kind of PA is enough to kill retailers account within 6 hrs.
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Intraday only.
  • #678,766
  • Aug 26, 2022 12:33pm Aug 26, 2022 12:33pm
Quoting Theoak
{quote} Good point! Problem is. There is that much debt. People are living hand to mouth. I don't think they can increase the interest rates!
How high do you believe they can let inflation go?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,767
  • Aug 26, 2022 12:33pm Aug 26, 2022 12:33pm
Monday, Tuesday, Wednesday, I will not be trading.
Intraday only.
  • #678,768
  • Aug 26, 2022 12:33pm Aug 26, 2022 12:33pm
I wonder if 27.10.2022. will be marked as a day recession started in America. That would be third consecutive negative GDP Q/Q. With this in mind, I think until that date we will continue to witness appreciation of USD.
  • #678,769
  • Edited 1:47pm Aug 26, 2022 12:34pm | Edited 1:47pm
no Powell pivot they won't stop
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,770
  • Aug 26, 2022 12:38pm Aug 26, 2022 12:38pm
evening star
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,771
  • Aug 26, 2022 12:39pm Aug 26, 2022 12:39pm
Quoting Pat Chiko
{quote} Hey Sohail Lord of Bradford. Go to sleep. You've very busy schedule tomorrow. Good luck..... {image}
Bradford?? Dude that’s like a different country (well it’s north of civilisation)

have a good one catch you all on Sunday night Monday morning
Insane in the Brain..
  • #678,772
  • Aug 26, 2022 12:39pm Aug 26, 2022 12:39pm
The letting it run hot option after some event
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,773
  • Aug 26, 2022 12:41pm Aug 26, 2022 12:41pm
Quoting Mitiblotch
How are buyers doing?
Man I’m dying a painfully slow death lol should have TP at 119 but bloody IG had login issues so couldn’t do anything. Roll on Monday
Insane in the Brain..
  • #678,774
  • Aug 26, 2022 12:50pm Aug 26, 2022 12:50pm
Quoting navk
Monday, Tuesday, Wednesday, I will not be trading.
For one minute I thought you were going to break into a craig david song.
Don't trade what you think. Just what you see!!!
  • #678,775
  • Aug 26, 2022 12:53pm Aug 26, 2022 12:53pm
Last two Support levels... what has happened..
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  • #678,776
  • Aug 26, 2022 12:58pm Aug 26, 2022 12:58pm
According to the new strategy I should have earned at least 50 pips
if I tried to earn only 10 pips in each trade, so how come I have $0.69 in my account ?
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yes yes yes
  • #678,777
  • Aug 26, 2022 12:59pm Aug 26, 2022 12:59pm
Quoting Bones
{quote} How high do you believe they can let inflation go?
I don't know. The inflation rate in 1980 was 17.99%. We know what happed then. Its one big mess.
Don't trade what you think. Just what you see!!!
  • #678,778
  • Aug 26, 2022 1:01pm Aug 26, 2022 1:01pm
Quoting Moty
According to the new strategy I should have earned at least 50 pips if I tried to earn only 10 pips in each trade, so how come I have $0.69 in my account ? {image}
Because the market got pumped and dumped.
Don't trade what you think. Just what you see!!!
  • #678,779
  • Aug 26, 2022 1:12pm Aug 26, 2022 1:12pm
Quoting Theoak
{quote} Because the market got pumped and dumped.
Took out positions from
top and bottom end like Double penetration shafting
Insane in the Brain..
  • #678,780
  • Aug 26, 2022 1:13pm Aug 26, 2022 1:13pm
Quoting Theoak
{quote} Because the market got pumped and dumped.
no , it's because i took auto long trade without looking because yesterday bulls run,
and was in a loss all day long , and in a little profit at the spike today and then stayed until i lost everything
i don't know why i put indicators on the chart , i am not using , so for what ? stupide stupide stupide
yes yes yes
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