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Cable Update (GBPUSD)

  • #681,441
  • Sep 6, 2022 3:09pm Sep 6, 2022 3:09pm
Quoting Waveskierrob
SHORT 1.1523 no tp no sl
Closed SHORT 1.1513 +10 pips
  • #681,442
  • Sep 6, 2022 3:11pm Sep 6, 2022 3:11pm
Quoting Waveskierrob
{quote} Ok BUY and SELL no tp no sl 1.1533
Added BUY 1.1513 no tp no sl
  • #681,443
  • Sep 6, 2022 3:21pm Sep 6, 2022 3:21pm
Quoting DrDave
{quote} but where this money will come from? The UK government doesn't have printing presses like the US does to simply print money whenever government coffers begin to run dry?
Well certainly a Labour government has plenty of printing presses, but very little in gold reserves.
  • #681,444
  • Sep 6, 2022 3:27pm Sep 6, 2022 3:27pm
Quoting ScalaFX
Short UJ 142.90 no to no sl
Nice retracement short term, but not sure will stop going for the stars. GL

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  • #681,445
  • Sep 6, 2022 3:39pm Sep 6, 2022 3:39pm
Quoting Jolita
{quote} LT builds a new cabinet. Interesting to see how this proposal will move the trade - "The BBC understands the annual price cap on household energy bills could be capped at around £2,500 - costing the government billions" Bit of help to households but where this money will come from? Budged is already drained, perhaps from energy companies?
London is burning; or lost in the supermarket?
............sad tho hope things back to normal soon
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #681,446
  • Sep 6, 2022 3:48pm Sep 6, 2022 3:48pm
Quoting DrDave
{quote} but where this money will come from? The UK government doesn't have printing presses like the US does to simply print money whenever government coffers begin to run dry?
Yes, they have in Debden, Essex.
https://www.bankofengland.co.uk/muse...printing-works

Print works are managed by the company De La Rue, which had serious issues in the last few years. We soon will run out of fiat currencies.
  • #681,447
  • Sep 6, 2022 4:03pm Sep 6, 2022 4:03pm
Quoting Pat Chiko
{quote} London is burning; or lost in the supermarket? ............sad tho hope things back to normal soon{image}
This is so true and sad, but made me Even turning lights off and going back to candle dinners we will be paying premiums, no matter you save or not.
Cost of living crises upon us and country is wealthy.
UK had hose pipe ban too, flowers, grass are dying.
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  • #681,448
  • Edited 4:19pm Sep 6, 2022 4:07pm | Edited 4:19pm
Hello everyone, I am looking for some for a part time job. He needs to know EW Theory from America or Australia Time. If someone is interested, please contact me. Thank you
Don't believe me just watch!
  • #681,449
  • Sep 6, 2022 4:41pm Sep 6, 2022 4:41pm
5 rounds of printing exist but I'm doubting they can use it with inflation running rampant.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #681,450
  • Sep 6, 2022 5:24pm Sep 6, 2022 5:24pm
It seems price is forming inverted head and shoulder. We will never know until price moves above 1.16180.....
My position size is just half my comfortable size.
I will wait for whatever price will bring to table.
My three trading rule......

1. Preservation of capital.

2. Preservation of capital.

3. Preservation of capital.

Enjoy your trading.......
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  • #681,451
  • Sep 6, 2022 8:00pm Sep 6, 2022 8:00pm
Quoting dempire1
Shorting again. Hopefully I'll get lucky and institutional traders don't take me out. {image}
Closing. Seems like i got lucky again.
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How to succeed in zero sum game?
  • #681,452
  • Sep 6, 2022 8:16pm Sep 6, 2022 8:16pm
Quoting JameRomeo168
{quote} Once again, your entry is worst than mine while my TP is bigger than your. Lol Entry 1.15175 while TP is 1.16350. Hope it goes up otherwise both of our SL will be hit
As envisaged, my SL hit, 2 SL for 1 day, worst case materialized, hope today will have some relief.
Today's daily pivot is way up, means Short only, hope the price retraces nearer to the pivot by London Open to have a more attractive Short trigger.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 66.6%
  • #681,453
  • Edited 9:38pm Sep 6, 2022 8:50pm | Edited 9:38pm
morning everyone , im on USDJPY today , i'm expecting these are the possible path , price might move. 141.195 is good support
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  • #681,454
  • Sep 6, 2022 9:25pm Sep 6, 2022 9:25pm
Quoting Yngwie
{quote} Sell again 1600 SL 1635
Bull coming up soon. Closed this for 130+
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #681,455
  • Sep 6, 2022 9:55pm Sep 6, 2022 9:55pm
Let see Long 1470
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #681,456
  • Sep 6, 2022 9:57pm Sep 6, 2022 9:57pm
Quoting Jolita
{quote} LT builds a new cabinet. Interesting to see how this proposal will move the trade - "The BBC understands the annual price cap on household energy bills could be capped at around £2,500 - costing the government billions" Bit of help to households but where this money will come from? Budged is already drained, perhaps from energy companies?
Printing More Pound!
GU Become more bearish than ever!
Hence, making UK buy Energy at higher dollar value! (which will worsen the situation in the 2-3 years time)
A political party just like to create a good image for its party and the PM Him/herself, they dont care what will happen to the future of the Economy.
The Same happening in Mauritius. Those douchebags continue to borrow to invest in Concrete (and say it is development) while many people like single Moms could not afford an extra meal for their kids. which they are having 1 meal/ day and others 1 meal in 2 days.
They just want their name to be on those "development'!
More time in the market, does not mean you trade better!
  • #681,457
  • Sep 6, 2022 10:22pm Sep 6, 2022 10:22pm
Quoting Yngwie
Let see Long 1470
I mean someone’s gotta pay me
Master your mind. Master Trading.
  • #681,458
  • Sep 6, 2022 10:22pm Sep 6, 2022 10:22pm

  1. this week ecb will hike by 75bps so gbp will weaken EURGBP
  2. fed will hike by 75bps so gbp will weaken GBPUSD
  3. salman khan will show his 8 pack abs, so british girls will weaken , gbp down

  • #681,459
  • Sep 6, 2022 10:23pm Sep 6, 2022 10:23pm
usdjpy update
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  • #681,460
  • Sep 6, 2022 10:25pm Sep 6, 2022 10:25pm
pound doing the same thing it did yesterday, just opposite direction.
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