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Cable Update (GBPUSD)

  • #682,461
  • Sep 9, 2022 11:15am Sep 9, 2022 11:15am
Quoting Robinhood1
In my opinion cable will swing to 1.24xx
I have to change my mind. I believe gbpchf needs to make a final low so pound swings up. It made a temp low so we have a correction as it stands. I don´t expect cable to begin a decent climb up yet. I closed my gbpchf positions with profit increasing balance and holding cadchf which has begun its first wave up. Oil needs to hit below 79 before going up, not to 123 as i inicially thought but reach around 99.
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POSTMASTER
  • #682,462
  • Sep 9, 2022 11:31am Sep 9, 2022 11:31am
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yes yes yes
  • #682,463
  • Sep 9, 2022 11:52am Sep 9, 2022 11:52am
all out !!!
lost on the last positions , 60-70 $ but still in a wonderful daily profit of 376 $
thus strategy called " the best strategy' , and it is indeed
started the day with 230 $ finished it with 606 $
now withdrawing 300 $
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yes yes yes
  • #682,464
  • Sep 9, 2022 12:03pm Sep 9, 2022 12:03pm
watching next week for a drop or revisit 1.1450 and maybe more
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MY OPINION NOT FINANCIAL ADVISE
  • #682,465
  • Sep 9, 2022 12:28pm Sep 9, 2022 12:28pm
Quoting donfriday
{quote} do you get new day candle at London closing? From IG
On Fridays it’s usually hard as close of play starts the weekend rates too
Insane in the Brain..
  • #682,466
  • Sep 9, 2022 12:35pm Sep 9, 2022 12:35pm
Epic day, 530 pips realised and still holding a long position for GBPUSD - hoping to see more upside next week but what will be will be.
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  • #682,467
  • Sep 9, 2022 1:23pm Sep 9, 2022 1:23pm
Inserted Video


It's like a month old, still giving goosebumps

His voice+ chord progression are a tru talent
Blank and Empty
  • #682,468
  • Sep 9, 2022 1:34pm Sep 9, 2022 1:34pm
GU at some resistance while USD on support.
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Compulsions can be hard to resist
  • #682,469
  • Edited 2:24pm Sep 9, 2022 2:07pm | Edited 2:24pm
One of the worst ideas I've ever heard.
If Putin can affect all our energy costs on the margins, then Truss can also affect the whole market, including Europe.
An open-ended resolve at taxpayers' risk could be on the scale of dropping out of the ERM. It's projected to cost more than the NHS in a year.
She has just guaranteed an amount no one could afford for 2 years, by a long way, rather than dealing with the actual problem.
The moral hazard is enormous.
This can only spell disaster.

Don't forget thats brand new money if its financed in anyway
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #682,470
  • Sep 9, 2022 2:57pm Sep 9, 2022 2:57pm
Quoting Bones
One of the worst ideas I've ever heard. If Putin can affect all our energy costs on the margins, then Truss can also affect the whole market, including Europe. An open-ended resolve at taxpayers' risk could be on the scale of dropping out of the ERM. It's projected to cost more than the NHS in a year. She has just guaranteed an amount no one could afford for 2 years, by a long way, rather than dealing with the actual problem. The moral hazard is enormous. This can only spell disaster. Don't forget thats brand new money if its financed...
I guess your bullish expectations on GU shot down to 0 suddenly.

Sell the pullbacks mate, sell the pullbacks. That's all you had to do for the last 1 year.
You have to have an IQ higher than 90 to interact with this user.
  • #682,471
  • Sep 9, 2022 3:50pm Sep 9, 2022 3:50pm
https://m.youtube.com/watch?v=cF3GK_sfPVM
You have to have an IQ higher than 90 to interact with this user.
  • #682,472
  • Sep 9, 2022 4:47pm Sep 9, 2022 4:47pm
Quoting Wavegarrick
{quote} T721, To be honest with you. If I had to worry about the banks closing their positions weekly I probably would not trade medium to long term. A nice example was Asia today with a 100 pip plus bullish move. For me its all about positioning. Smart money, hedge funds, long term investors and the big players don't care about the banks and position squaring. I don't profess by any means that we are in a swing reversal as the greater trend is still down. But heck I take my chances where I can. Gu is touching 1.16000 as I am typing. Cheers.

You are a fine trader......
I can feel your process.....
Truthfully, its all about positioning......
My positions has attained break even level....
Still expecting deeper pull back.....
Even though I'm long bias, l also don't also profess swing reversal but maybe price is working on it, I don't know. All I'm doing is trying to make a some foreign capital in preparation to risk in the next downward wave......
I hope price can get up to 1.17800 were I will reverse for short bias..........
I analyse on daily and try to follow the price on shorter time frame mostly 1h based on how I feel and convictions about daily.......
Enjoy your trading buddy........
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  • #682,473
  • Sep 9, 2022 6:12pm Sep 9, 2022 6:12pm
Quoting navk
NY could close around 1600. Be prepared guys. Next 4hr candle would be probably buy. IMO. For me only. The price to hold 1550/40
Intraday only.
  • #682,474
  • Sep 9, 2022 7:09pm Sep 9, 2022 7:09pm
Quoting Reverso
{quote} It's amazing how the price keeps trying to move up but end up getting rejected at that serious resistance, for 7 candles (M15) already. I am just waiting for a bearish engulfing to end this circus and give me more comfort on the progress of the trade, it failed to go up, but didn't go down either. {image}
Well, this week is sh1t, end up with tiny loss, close to breakeven, but it happens sometimes, no biggie.
Considering the market is not trending well, me using a trending system is not suffering any noticeable loss i think it is commendable.
I hope next week proper trend starts to kick in and reel in some of those green pips to me, see ya next week.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 66.9%
  • #682,475
  • Sep 9, 2022 11:40pm Sep 9, 2022 11:40pm
good try bounce at a good support also , tl successfully tested but not limit up nominal / no actually limit or any important 1716 yet or breaks 1899 to consider a good bull and so may still play bottom to have better bottoming to bounce .monthly not any hopeful for good bull yet , before minimum 1300 or down 0925!
so lets see if price able to break 1647 next week to proceed to above levels minimum to have bull intention or bottom formation to new lows like 1300 test and try back or further tank to lower levels . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #682,476
  • Sep 10, 2022 12:13am Sep 10, 2022 12:13am
4 SHORTS all underwater BE 1.1531 just added a touch of patience let's see what next week brings
  • #682,477
  • Sep 10, 2022 12:21am Sep 10, 2022 12:21am
Quoting buffedmage
https://youtube.com/shorts/dVoTPCsiAPI?feature=share It's like a month old, still giving goosebumps His voice+ chord progression are a tru talent
He is a natural artist. Vocation and seems a nice person.
POSTMASTER
  • #682,478
  • Sep 10, 2022 12:35am Sep 10, 2022 12:35am
Quoting Nordling
https://m.youtube.com/watch?v=cF3GK_sfPVM
Hey lad, nice to see you around here.
POSTMASTER
  • #682,479
  • Sep 10, 2022 12:44am Sep 10, 2022 12:44am
Quoting buffedmage
https://youtube.com/shorts/dVoTPCsiAPI?feature=share It's like a month old, still giving goosebumps His voice+ chord progression are a tru talent
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POSTMASTER
  • #682,480
  • Sep 10, 2022 12:52am Sep 10, 2022 12:52am
Short term trend for cable has changed from long to short. Happy trading Sunday
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