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Cable Update (GBPUSD)

  • #680,961
  • Sep 5, 2022 5:57am Sep 5, 2022 5:57am
As earlier said, I bought GU during Frankfurt/London open, and closed them all.

This account is third challenge ( 1 x 100 k ), two of them have been converted as Funded already

What more I need today ?

Nothing.

Just relax in NY, as the banks are closed today.
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Intraday only.
  • #680,962
  • Sep 5, 2022 5:58am Sep 5, 2022 5:58am
Quoting navk
As earlier said, I bought GU during Frankfurt/London open, and closed them all. What more I need today ? Nothing. Just relax in NY, as the banks are closed today. {image}
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  • #680,963
  • Sep 5, 2022 6:27am Sep 5, 2022 6:27am
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yes yes yes
  • #680,964
  • Sep 5, 2022 6:31am Sep 5, 2022 6:31am
Quoting Moty
{image}
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  • #680,965
  • Sep 5, 2022 6:32am Sep 5, 2022 6:32am
PM announcement LIVE

New prime minister: Liz Truss or Rishi Sunak about to be announced as Tory leader - BBC News
Don't trade what you think. Just what you see!!!
  • #680,966
  • Sep 5, 2022 6:39am Sep 5, 2022 6:39am
truss won
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  • #680,967
  • Sep 5, 2022 6:40am Sep 5, 2022 6:40am
Liz Truss P.M
Intraday Trading is an Art _ hoda
  • #680,968
  • Sep 5, 2022 6:43am Sep 5, 2022 6:43am
cut taxes and support to energy crisis highlighted


this would make gbp fly now i think
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  • #680,969
  • Sep 5, 2022 6:46am Sep 5, 2022 6:46am
Will Cable test 1.1408? Stochastic is suggesting a possible drop to 1.1408 probably. Let's watch how it plays out. From monthly Cable seems to be in all time low.
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  • #680,970
  • Sep 5, 2022 6:49am Sep 5, 2022 6:49am
Quoting Jonadab
Will Cable test 1.1408? Stochastic is suggesting a possible drop to 1.1408 probably. Let's watch how it plays out. From monthly Cable seems to be in all time low.{image}
Nice Chart.
Intraday Trading is an Art _ hoda
  • #680,971
  • Sep 5, 2022 6:52am Sep 5, 2022 6:52am
Quoting Jonadab
Will Cable test 1.1408? Stochastic is suggesting a possible drop to 1.1408 probably. Let's watch how it plays out. From monthly Cable seems to be in all time low.{image}
i agreee.. the down will be coming ....lets see ..
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  • #680,972
  • Sep 5, 2022 6:55am Sep 5, 2022 6:55am
Quoting buffedmage
cut taxes and support to energy crisis highlighted this would make gbp fly now i think
Why?
Don't trade what you think. Just what you see!!!
  • #680,973
  • Sep 5, 2022 6:58am Sep 5, 2022 6:58am
Quoting Theoak
{quote} Why?
tax cuts are big highlight here , value-added tax (VAT) by 5% across the board to help tackle the cost-of-living crisis..this is big i think

and also she said she gonna help tackle with energy crisis and bills ..

A 5% cut in VAT would save the average household more than 1,300 pounds a year, and would cost taxpayers 3.2 billion pounds a month

Quoting buffedmage
{quote} tax cuts are big highlight here , value-added tax (VAT) by 5% across the board to help tackle the cost-of-living crisis..this is big i think and also she said she gonna help tackle with energy crisis and bills .. A 5% cut in VAT would save the average household more than 1,300 pounds a year, and would cost taxpayers 3.2 billion pounds a month

also she said she would , considering extending a 5-pence cut in fuel duty..
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  • #680,974
  • Sep 5, 2022 7:09am Sep 5, 2022 7:09am
No movement at all.. 117 champagne on ice
Insane in the Brain..
  • #680,975
  • Sep 5, 2022 7:09am Sep 5, 2022 7:09am
only long above the bands
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yes yes yes
  • #680,976
  • Sep 5, 2022 7:12am Sep 5, 2022 7:12am
Quoting buffedmage
{quote} tax cuts are big highlight here , value-added tax (VAT) by 5% across the board to help tackle the cost-of-living crisis..this is big i think and also she said she gonna help tackle with energy crisis and bills .. A 5% cut in VAT would save the average household more than 1,300 pounds a year, and would cost taxpayers 3.2 billion pounds a month
Just joined the 100% debt to GDP... Inflation 10.10% estimated 13% by end of year%

Where's all this Buggs Bunny coming from? Get them printers going!!!

So we are cutting taxes and handing out more money. Where's this money coming from?
Don't trade what you think. Just what you see!!!
  • #680,977
  • Sep 5, 2022 7:15am Sep 5, 2022 7:15am
Quoting buffedmage
{quote} tax cuts are big highlight here , value-added tax (VAT) by 5% across the board to help tackle the cost-of-living crisis..this is big i think and also she said she gonna help tackle with energy crisis and bills .. A 5% cut in VAT would save the average household more than 1,300 pounds a year, and would cost taxpayers 3.2 billion pounds a month {quote} also she said she would , considering extending a 5-pence cut in fuel duty..
This 5 pence cut to fuel, we don't see it! The companies just put the prices up. When crude oli has dropped in price.
Don't trade what you think. Just what you see!!!
  • #680,978
  • Sep 5, 2022 7:20am Sep 5, 2022 7:20am
lets see...chart says - bullish for while and later we may see bear ..lets see how market responds in upcomin days
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  • #680,979
  • Sep 5, 2022 7:20am Sep 5, 2022 7:20am
Quoting hoda
Liz Truss P.M
Fantastic, let's see how fucked up the UK can get
  • #680,980
  • Sep 5, 2022 7:21am Sep 5, 2022 7:21am
Quoting Waveskierrob
{quote} Fantastic, let's see how fucked up the UK can get
defiantly - GBP long Term sell
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