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Cable Update (GBPUSD)

  • #680,901
  • Sep 5, 2022 2:27am Sep 5, 2022 2:27am
My play today is: Wait for the news... Jump on the movement ... I suspect a Bull move. Then get on the slam dunk bear ride for loads of pips!!!! Just like Friday where the market makers hammered retail!!!
Don't trade what you think. Just what you see!!!
  • #680,902
  • Sep 5, 2022 2:28am Sep 5, 2022 2:28am
Quoting Theoak
{quote} Today 12.30 BST https://www.bbc.co.uk/news/live/uk-politics-62760180
thanks
  • #680,903
  • Sep 5, 2022 2:31am Sep 5, 2022 2:31am
Anyone knows what both political party promised to the population?
What changes will they bring?
I believe Sunak, was to bring a Tax Cut!
Truss about energy Crisis!
Anything i missed?
More time in the market, does not mean you trade better!
  • #680,904
  • Sep 5, 2022 2:32am Sep 5, 2022 2:32am
Quoting voeltoez
{quote} hey taxi! would you drive gu to the moon??
not yet in my eyes, market open gap below 1.150 is not good for the bull ( medium to long-term )

scalp only, fast sell or buy is better for now
https://breakpullback.com
  • #680,905
  • Sep 5, 2022 2:33am Sep 5, 2022 2:33am
Quoting Fardeen1209
Anyone knows what both political party promised to the population? What changes will they bring? I believe Sunak, was to bring a Tax Cut! Truss about energy Crisis! Anything i missed?
Just unfulfilled promises
  • #680,906
  • Sep 5, 2022 2:36am Sep 5, 2022 2:36am
Quoting Waveskierrob
{quote} Just unfulfilled promises
Lmao same Sh*t with all Govt!
More time in the market, does not mean you trade better!
  • #680,907
  • Sep 5, 2022 2:36am Sep 5, 2022 2:36am
Quoting Waveskierrob
{quote} Just unfulfilled promises
politicians
Blank and Empty
  • #680,908
  • Sep 5, 2022 2:37am Sep 5, 2022 2:37am
long way to the moon 1.16xx..except news can drive this 100pips in 5 minutes
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  • #680,909
  • Sep 5, 2022 2:41am Sep 5, 2022 2:41am
the short term trend of the British pound is bearish against the US dollar, and the GBPUSD currency pair could fall to support at $1.1409. With the failure of this support, the downward path of the market will be smoothed to the estimate of 61.8% Fibonacci at the rate of $1.1063. from a buyers perspective, if the pair breaks the minor resistance at $1.1587, the short-term GBPUSD trend will be neutralized.
  • #680,910
  • Sep 5, 2022 2:42am Sep 5, 2022 2:42am
stupide entry at the close of Friday lead to 260 $ floating loss , but now it's only 90 , 170$ come back
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yes yes yes
  • #680,911
  • Sep 5, 2022 2:42am Sep 5, 2022 2:42am
Quoting Fardeen1209
Anyone knows what both political party promised to the population? What changes will they bring? I believe Sunak, was to bring a Tax Cut! Truss about energy Crisis! Anything i missed?

Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #680,912
  • Sep 5, 2022 2:55am Sep 5, 2022 2:55am
Quoting Whale
when the announcement about the new PM, today or tomorrow?
today
  • #680,913
  • Sep 5, 2022 3:05am Sep 5, 2022 3:05am
Quoting erez h
{quote} today
thanks erez, i already got an answer, 12:30 London time.
  • #680,914
  • Sep 5, 2022 3:06am Sep 5, 2022 3:06am
So far it looks that there's some more room topside before shorting today.
I'm semi expecting a sharp rise followed by an area to sell into.

There is that weekend gap that needs to be fulfilled too.
  • #680,915
  • Edited 5:13am Sep 5, 2022 3:10am | Edited 5:13am
Quoting RaHaG0D
{quote} War... War affects the economy of all countries(more or less) Even America is not an exception. Which country has not changed its economy in the last one year because of the war? All countries are connected like a chain and influence each other. Finally we have a world. But we only see the decrease in Euro and Pound. It is a one-way road. Which reminds me of other factors other than war: Manipulation of price by market maker
true , all to affect more or less , one faster than others. we see waves in their currency pairs as waxing and waning . push and pull , stress and strain and ultimately all to down. eur , gbp down not means usd up and be happy in the relation ? no think so , it must run out of extreme recession I think presently, fear to fobia to pani next even! !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #680,916
  • Sep 5, 2022 3:14am Sep 5, 2022 3:14am
add.long target mid bollinger bands h1..
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  • #680,917
  • Sep 5, 2022 3:14am Sep 5, 2022 3:14am
small scalp
target is Friday open
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  • #680,918
  • Sep 5, 2022 3:15am Sep 5, 2022 3:15am
going up nicely like i said ....if it makes to 1.1636 area ...its like 0.786 fib which can be confirmed as bearish cypher , if breaks that its not a cypher
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Blank and Empty
  • #680,919
  • Sep 5, 2022 3:21am Sep 5, 2022 3:21am
Quoting Whale
small scalp target is Friday open {image}
70pips tp is just scalp for you?
  • #680,920
  • Sep 5, 2022 3:25am Sep 5, 2022 3:25am
DXY
take a look at 105 and take a look at 107

after the first bounce of 105 price drop to grab liquidity
next liquidity is a 107


gu 1.1750/75
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MY OPINION NOT FINANCIAL ADVISE
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