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Cable Update (GBPUSD)

  • #682,481
  • Sep 10, 2022 3:03am Sep 10, 2022 3:03am
Quoting Waveskierrob
4 SHORTS all underwater BE 1.1531 just added a touch of patience let's see what next week brings
Hedge them
Insane in the Brain..
  • #682,482
  • Sep 10, 2022 3:06am Sep 10, 2022 3:06am
Quoting BeeTogether
{quote} Hedge them
You know me too well
  • #682,483
  • Sep 10, 2022 3:29am Sep 10, 2022 3:29am
Quoting Waveskierrob
{quote} You know me too well
I learnt my hedging from you mate
Insane in the Brain..
  • #682,484
  • Sep 10, 2022 4:03am Sep 10, 2022 4:03am
A quick poll that requires everyone input just for fun and preparation for the rest of September...

1.1147 or 1.1905 which one will happen first This September?

Poll closes Sunday Night before market open...
Data + Stat + Risk/Emotions Management
  • #682,485
  • Sep 10, 2022 4:13am Sep 10, 2022 4:13am
Quoting Georginson
A quick poll that requires everyone input just for fun and preparation for the rest of September... 1.1147 or 1.1905 which one will happen first This September? Poll closes Sunday Night before market open...
forecast by Bank of England
  • #682,486
  • Sep 10, 2022 4:41am Sep 10, 2022 4:41am
Quoting Georginson
A quick poll that requires everyone input just for fun and preparation for the rest of September... 1.1147 or 1.1905 which one will happen first This September? Poll closes Sunday Night before market open...
1.1147 for me, reason holding 4 SHORTS, last time you did this I think you was only 3 pips away of target
  • #682,487
  • Sep 10, 2022 4:42am Sep 10, 2022 4:42am
Quoting Georginson
A quick poll that requires everyone input just for fun and preparation for the rest of September... 1.1147 or 1.1905 which one will happen first This September? Poll closes Sunday Night before market open...
119 only because I have longs in place. I do see 111 but more than likely later this year once the uk is officially in a recession
Insane in the Brain..
  • #682,488
  • Sep 10, 2022 5:02am Sep 10, 2022 5:02am
Quoting Waveskierrob
{quote} 1.1147 for me, reason holding 4 SHORTS, last time you did this I think you was only 3 pips away of target
Yes mate, last time missed by 3 pips...

Quoting Waveskierrob
{quote} 1.1147 for me, reason holding 4 SHORTS, last time you did this I think you was only 3 pips away of target
Navin will not be pleased if it goes to 1.1147 but hey the market can't favour everyone.
Data + Stat + Risk/Emotions Management
  • #682,489
  • Sep 10, 2022 5:18am Sep 10, 2022 5:18am
Quoting Georginson
{quote} Yes mate, last time missed by 3 pips... {quote} Navin will not be pleased if it goes to 1.1147 but hey the market can't favour everyone.
only my opinion but i still think were going lower, but i hope not for Navin
  • #682,490
  • Sep 10, 2022 5:30am Sep 10, 2022 5:30am
Quoting Georginson
{quote} Yes mate, last time missed by 3 pips... {quote} Navin will not be pleased if it goes to 1.1147 but hey the market can't favour everyone.
Quite right.....market favours no one, only some of the traders some of the time
  • #682,491
  • Sep 10, 2022 5:37am Sep 10, 2022 5:37am
Quoting BeeTogether
{quote} Hedge them
Yes, there is no other way to limit the loss. Either full or partial hedge.
Enjoy your weekend mates......
  • #682,492
  • Sep 10, 2022 5:40am Sep 10, 2022 5:40am
Quoting Otiken
{quote} Yes, there is no other way to limit the loss. Either full or partial hedge. Enjoy your weekend mates......
You too buddy
Insane in the Brain..
  • #682,493
  • Sep 10, 2022 5:54am Sep 10, 2022 5:54am
Quoting Georginson
A quick poll that requires everyone input just for fun and preparation for the rest of September... 1.1147 or 1.1905 which one will happen first This September? Poll closes Sunday Night before market open...
My vote was winning vote last time.

For September my vote goes too 1.1905, reasoning GU will follow direction of BTC, Oil, GOLD, which I think will drive up shortly, CPI data next week.

Brilliant poll, thanks Georginson
  • #682,494
  • Edited 6:19am Sep 10, 2022 6:07am | Edited 6:19am
Quoting Nordling
{quote} 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.
Yea, I have seen it all before in the first 7 Year box and now another 7-year box.

It's a disaster for the taxpayer, just like the
1-poorly implemented bounce-back loans=new money thrown at consumers
2-no-need stamp duty holidays = helped drive UK property to all new levels
3-A £40billion app no one ever used. In perspective, The original HS2 train line was estimated @ £55bilion. The Uk defence budget last year was £42billion.

I go with the weekly
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #682,495
  • Sep 10, 2022 6:07am Sep 10, 2022 6:07am
Quoting Jolita
{quote} My vote was winning vote last time. For September my vote goes too 1.1905, reasoning GU will follow direction of BTC, Oil, GOLD, which I think will drive up shortly, CPI data next week. Brilliant poll, thanks Georginson
You may end up having two consecutive wins on the poll Jolita. I will keep the record of most consecutive poll wins... Good luck to us all.
Data + Stat + Risk/Emotions Management
  • #682,496
  • Sep 10, 2022 6:18am Sep 10, 2022 6:18am
Wow , i just found this indicator
It gave signal for 120 pips on friday at the highest price abd 70 pips at the opposite signal price
Wow!!!
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yes yes yes
  • #682,497
  • Sep 10, 2022 6:20am Sep 10, 2022 6:20am
Quoting Bones
{quote} Yea, I have seen it all before in the first 7 Year box and now another 7-year box. It's a disaster for the taxpayer, just like the 1-poorly implemented bounce-back loans=new money thrown at consumers 2-no-need stamp duty holidays = helped drive UK property to all new levels 3-A £40billion app no one ever used. In perspective, The original HS2 train line was estimated @ £55bilion. The Uk defence budget last year was £42billion. I go with the weekly {image}
It's interesting that you see the fundamental side horrible for the GU but choose to go with the positive weekly.
You have to have an IQ higher than 90 to interact with this user.
  • #682,498
  • Sep 10, 2022 6:42am Sep 10, 2022 6:42am
Quoting Nordling
{quote} It's interesting that you see the fundamental side horrible for the GU but choose to go with the positive weekly.
Look at the level, and Truss is opening the on the never-never chequebook...
There is a good trend right now in oil. It just hit its established trend line.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #682,499
  • Sep 10, 2022 6:47am Sep 10, 2022 6:47am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #682,500
  • Sep 10, 2022 6:53am Sep 10, 2022 6:53am
Quoting Bones
{quote} Look at the level, and Truss is opening the on the never-never chequebook... There is a good trend right now in oil. It just hit its established trend line. {image}
Buying breakouts will mess with the risk management though. I rather buy the dips. And sell the tops. So at least i will know that the reward will be good if it reverses, and if it goes against me, my stop loss will be rather small
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