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Cable Update (GBPUSD)

  • #683,581
  • Sep 14, 2022 7:48am Sep 14, 2022 7:48am
Quoting Pat Chiko
{quote} PPI US shows a 'mixed bag'. On one hand, it may indicate that inflation will continue to flow through. But if you assess the data positively there is peak inflation. Stocks and crypto are not sure how to react after the data. Looks like they got scared after yesterday's reaction, so they did a little hanky-phanky in those numbers ?
yup very mixed and as you said we may have seen peak inflation.

price action in the coming weeks will depend on will the fed slow down the hikes and also when the UK will go into a recession.
Insane in the Brain..
  • #683,582
  • Sep 14, 2022 7:48am Sep 14, 2022 7:48am
Out of all trades. Not gonna risk anything. New trades will come eventually.
  • #683,583
  • Sep 14, 2022 7:52am Sep 14, 2022 7:52am
Quoting Pat Chiko
{quote} GU News time add on BSZ {image}
GU

Scalping position after News.
Where's the Rocket to break free the BSZ ?.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 023.jpg Size: 179 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #683,584
  • Sep 14, 2022 7:53am Sep 14, 2022 7:53am
The market has been very generous to me today, and I am grateful.

Now is my sleepy time, so good luck everyone, see you tomorrow

Indiara
I am neither brave nor stupid...I am just a part time trader
  • #683,585
  • Sep 14, 2022 7:55am Sep 14, 2022 7:55am
Quoting BeeTogether
{quote} yup very mixed and as you said we may have seen peak inflation. price action in the coming weeks will depend on will the fed slow down the hikes and also when the UK will go into a recession.
While US PPI MoM decreased by .1%, core PPI MoM, which increased by .4%, shows that inflation pressures are spreading.

And let's not forget that energy prices decreased because of government intervention.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #683,586
  • Sep 14, 2022 7:55am Sep 14, 2022 7:55am
Quoting Fardeen1209
UJ LONG RSF setup scalping ~50pips {image}
am very much of a newbie and always captivated by how you do the nearly pinpoint of reversal areas...is there away can get hold of this technique for growth...seeking for directions...
  • #683,587
  • Sep 14, 2022 7:56am Sep 14, 2022 7:56am
Quoting Moty
{quote} yesssss! {image}

if you are changing the indicator u will get different signal


ur Job is not to have perfect system but a system that give you 60-70% win
MY OPINION NOT FINANCIAL ADVISE
  • #683,588
  • Sep 14, 2022 7:59am Sep 14, 2022 7:59am
Quoting Mitiblotch
{quote} Thanks Scala. I have been busy with travel preparation. I already mentioned to Beetogether. I finally won a full paid scholarship to study for my Msc. in Glasgow, UK. And I say it gratefully that my proof of funds and all the finances required (though still need a bit more) was made from my trading. I am grateful to God that I didn't quit trading when it was rough some years ago. I had Admissions last year and the year before but couldn't put the funds together for several reasons. But...
Congratulations Bro, i pray for more successful outcomes in whatever you put your hands. Go and represent well.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #683,589
  • Sep 14, 2022 8:00am Sep 14, 2022 8:00am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #683,590
  • Sep 14, 2022 8:00am Sep 14, 2022 8:00am
US open
USD ticks lower
US Dollar Index trades modestly lower on the day at around 109.50.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #683,591
  • Sep 14, 2022 8:02am Sep 14, 2022 8:02am
Quoting Mitiblotch
{quote} Thanks Scala. I have been busy with travel preparation. I already mentioned to Beetogether. I finally won a full paid scholarship to study for my Msc. in Glasgow, UK. And I say it gratefully that my proof of funds and all the finances required (though still need a bit more) was made from my trading. I am grateful to God that I didn't quit trading when it was rough some years ago. I had Admissions last year and the year before but couldn't put the funds together for several reasons. But...
Congratulations my brother...more wins for you in Jesus name (amen)...
Data + Stat + Risk/Emotions Management
  • #683,592
  • Sep 14, 2022 8:08am Sep 14, 2022 8:08am
Quoting donfriday
{quote} if you are changing the indicator u will get different signal ur Job is not to have perfect system but a system that give you 60-70% win
This is one of the Top 10 ideas i got that help got me trading success
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #683,593
  • Sep 14, 2022 8:08am Sep 14, 2022 8:08am
Ranging time.. hope NYO will give us a direction for the day
Insane in the Brain..
  • #683,594
  • Sep 14, 2022 8:10am Sep 14, 2022 8:10am
Quoting Pat Chiko
US open USD ticks lower US Dollar Index trades modestly lower on the day at around 109.50.
Lucky you got a hater again I wish I had one, knowing that I was getting under a hater skin that would be my dream
  • #683,595
  • Sep 14, 2022 8:10am Sep 14, 2022 8:10am
GBPUSD Hourly

Attached Image (click to enlarge)
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KISS&V :Keep it simple safe & visual
  • #683,596
  • Sep 14, 2022 8:14am Sep 14, 2022 8:14am
GU 30M: Daily Pivot and Fibonacci 50% @ the same place, that's why price stop there. (respected area).
If break, then we can expect it will easily touch 1.1600.
My view only, and maybe I am wrong.
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Intraday Trading is an Art _ hoda
  • #683,597
  • Sep 14, 2022 8:15am Sep 14, 2022 8:15am
Quoting Waveskierrob
{quote} Lucky you got a hater again I wish I had one, knowing that I was getting under a hater skin that would be my dream
Looks like he/she is doing the rounds..........well movement is a little slow...as they say "simple thing please simple minds"
  • #683,598
  • Sep 14, 2022 8:16am Sep 14, 2022 8:16am
Quoting Waveskierrob
{quote} Lucky you got a hater again I wish I had one, knowing that I was getting under a hater skin that would be my dream

"That which does not kill me makes me stronger"

When he got tired, it will stop.
Same as all the haters before this....

Maybe my post doesn't help him as much and maybe it help a few in this thread.
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #683,599
  • Sep 14, 2022 8:18am Sep 14, 2022 8:18am
Getting all jealous here all not a single block lol
Insane in the Brain..
  • #683,600
  • Sep 14, 2022 8:18am Sep 14, 2022 8:18am
Quoting Pat Chiko
{quote} "That which does not kill me makes me stronger" When he got tired, it will stop. Same as all the haters before this.... Maybe my post doesn't help him as much and maybe it help a few in this thread. {image}
it's only me who hasn't got a hater...maybe I'm the hater, well I didn't know I was Pat until somebody told me
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