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Cable Update (GBPUSD)

  • #678,841
  • Aug 27, 2022 6:28pm Aug 27, 2022 6:28pm
Quoting Bones
{quote} traders care {image} {image}
Some do, the ones who tought GU will go to 1.40 and EU will go to 1.20 few months ago
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  • #678,842
  • Aug 27, 2022 6:36pm Aug 27, 2022 6:36pm
Quoting Bones
{quote} traders care {image} {image}
you’ve been saying gu is gonna go up when it was at 1.25 why don’t you just go with the trend?
  • #678,843
  • Aug 27, 2022 6:41pm Aug 27, 2022 6:41pm
Quoting shakmoney
{quote} you’ve been saying gu is gonna go up when it was at 1.25 why don’t you just go with the trend?
Well said He just likes to point out the obvious after the fact
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  • #678,844
  • Aug 27, 2022 11:20pm Aug 27, 2022 11:20pm
There is retrace from current low of 1732 on Monday

This is what I see.

Monday and wednesday I am not trading.

I have personal works.
Intraday only.
  • #678,845
  • Aug 28, 2022 12:20am Aug 28, 2022 12:20am
CABLE next week

if equities dump on powel comments, 1576 is at risk
Attached Image (click to enlarge)
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  • #678,846
  • Aug 28, 2022 3:11am Aug 28, 2022 3:11am
Quoting Bones
{quote} It costs more to borrow over two years than ten. The fed is at the overnight end, which implies the FED is moving too fast. The free bond market is pricing lower rates later because a recession will force the FED to reverse. Without fail, this situation precedes a recession, maybe once its failed {image}

Thanks Tony..hope u trading better than me, lol
what the hell is going on ..

from my understanding, Powell is forcing a recession globally in a plea to try and lower global inflation. I guess the good news is, it is self inflicted..if the sum bitch reverses his thought, cable to da moon
  • #678,847
  • Aug 28, 2022 3:47am Aug 28, 2022 3:47am
Quoting PatienceFx
CABLE next week if equities dump on powel comments, 1576 is at risk {image}
I sincerely don't see where people are getting their phantom buy ideas from. There was a smash down to assert bear dominance. Now the best thing a good trader should do is probably draw a fib on that wicked 4 hr bear candle of Friday and short retracemrnts into the 78.6% and that's if it comes. This is better than buying sinking sand!

I just watched the movie margin call and banks might just be ready to sell 1700 to willing buyers who might end up holding the "biggest bag of odorous excrement in the history of capitalism". Hehehe... If we get a retracement upwards it might just be due to London being away and it will be perfectly placed for a smash down into the 1500s.

We felt bad when we saw clear signs of bear two weeks ago but decided to be smart and buy and watched the market take a tumble to break the year's low. Now price closed just around that low. Buying should be done with very tight stops.
  • #678,848
  • Aug 28, 2022 4:09am Aug 28, 2022 4:09am
Quoting shakmoney
{quote} you’ve been saying gu is gonna go up when it was at 1.25 why don’t you just go with the trend?
I'm not saying GU is going up. I'm talking about a world recession. Near term, Powell is willing to push the over-leveraged over the edge
Interest rates are super negative, but the Uk is more negitive
I trade weekly direction
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,849
  • Aug 28, 2022 4:12am Aug 28, 2022 4:12am
Quoting navk
There is retrace from current low of 1732 on Monday This is what I see. Monday and wednesday I am not trading. I have personal works.
Agreed
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #678,850
  • Aug 28, 2022 4:26am Aug 28, 2022 4:26am
Quoting nAVIN2007
{quote} Thanks Tony..hope u trading better than me, lol what the hell is going on .. from my understanding, Powell is forcing a recession globally in a plea to try and lower global inflation. I guess the good news is, it is self inflicted..if the sum bitch reverses his thought, cable to da moon
Yea ok Nav,
The monthly has been hard work but I don't think it can recover that level, some unusual PA right there.
I think there is a way for the 10Y to go higher now, It might be then we see some financial blow-up
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,851
  • Aug 28, 2022 4:30am Aug 28, 2022 4:30am
I am a wounded GU bull, next week will be another tricky one as we don't know how far the drop will take us, here is my foresight plan and key levels to watch out for.

1.166×× is the most immediate bear target next week!
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Face 'ur fears & tame 'ur greed
  • #678,852
  • Aug 28, 2022 4:31am Aug 28, 2022 4:31am
Quoting Nordling
{quote} Some do, the ones who tought GU will go to 1.40 and EU will go to 1.20 few months ago
If we go back a few months, your account went up in smoke...Live I thought you went with the rest. We defiantly had a culling in my break.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,853
  • Aug 28, 2022 4:32am Aug 28, 2022 4:32am
i have opposite view, maye be wrong, but will use stoploss. if braek 1.17 will be dangeroius situation
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good luck
  • #678,854
  • Aug 28, 2022 4:33am Aug 28, 2022 4:33am
Quoting nAVIN2007
{quote} Thanks Tony..hope u trading better than me, lol what the hell is going on .. from my understanding, Powell is forcing a recession globally in a plea to try and lower global inflation. I guess the good news is, it is self inflicted..if the sum bitch reverses his thought, cable to da moon
In a blow up they can introduce CBCD's and everyone will be happy they saved us again
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,855
  • Edited 5:12am Aug 28, 2022 4:40am | Edited 5:12am
Quoting Bones
{quote} If we go back a few months, your account went up in smoke...Live I thought you went with the rest. We defiantly had a culling in my break.
Then i made more money than ever and took back quadruple the amount i lost hahaha

https://www.myfxbook.com/members/Nor...plorer/9447980

I wonder what happened to your account after losing 1400 pips on EU and 1000 pips on GU After that you took a break from the forum, i am sure that was very hard for you hahhah

Scroll down and take a look at my open positions, maybe you can copy and make some
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  • #678,856
  • Aug 28, 2022 4:48am Aug 28, 2022 4:48am
Quoting Nordling
Added to my GU shorts: {image}
1st of August, before the fact as alllwaayyysss Yup i smell a smoke, probably a nice smoked bbq chicken

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August slipped away like a bottle of wine
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  • #678,857
  • Aug 28, 2022 5:17am Aug 28, 2022 5:17am
Quoting Nordling
{quote} 1st of August, before the fact as alllwaayyysss Yup i smell a smoke, probably a nice smoked bbq chicken {image} August slipped away like a bottle of wine
It's easy to walk off to school and check it when you get back later, after the last lesson.
Without worry, Your One Direction wallpaper won't have to come down, and your tea will be ready at 6.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #678,858
  • Aug 28, 2022 5:23am Aug 28, 2022 5:23am
Quoting Bones
{quote} It's easy to walk off to school and check it when you get back later, after the last lesson. Without worry, Your One Direction wallpaper won't have to come down, and your tea will be ready at 6.
I don't understand what are you talking about old man, but you do the talking while i do the trading alright? I curve the charts, you curve the words as always haha
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  • #678,859
  • Aug 28, 2022 5:38am Aug 28, 2022 5:38am
Why don't you two start a trading competition?
  • #678,860
  • Aug 28, 2022 5:40am Aug 28, 2022 5:40am
Quoting helbor
Why don't you two start a trading competition?
I tried, and wanted him to show us his track record but he was too shy
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