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Cable Update (GBPUSD)

  • #685,481
  • Sep 19, 2022 11:01am Sep 19, 2022 11:01am
Still holding on to my shorts and this is going straight to hell !
Master your mind. Master Trading.
  • #685,482
  • Sep 19, 2022 11:04am Sep 19, 2022 11:04am
Quoting Pat Chiko
GU Literally couldn’t of milked anymore out of this one. Absolute bad boy trade.
Young Pat
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  • #685,483
  • Sep 19, 2022 11:05am Sep 19, 2022 11:05am
it seems that is all for today.

DP is resisting.

I am out from longs already
Intraday only.
  • #685,484
  • Sep 19, 2022 11:06am Sep 19, 2022 11:06am
Quoting KareemAliFx
Still holding on to my shorts and this is going straight to hell !
Hi Mr Karim.

Still couldn't find the sweet spot to short her (GU).
With UK Holiday and thinning volume, it may want to spike all over the place.

I wait for reasonable set up to Short this pair. ( Later or tomorrow).
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #685,485
  • Sep 19, 2022 11:06am Sep 19, 2022 11:06am
I'm finished for the day.
Markets are too choppy, but I traded anyway and lost a little.
Back tomorrow.
Come on GU -- fly!
Funded trader
  • #685,486
  • Sep 19, 2022 11:07am Sep 19, 2022 11:07am
Quoting KareemAliFx
Still holding on to my shorts and this is going straight to hell !
Hopefully your SHORTS are made of Asbestos
  • #685,487
  • Sep 19, 2022 11:09am Sep 19, 2022 11:09am
Quoting Pat Chiko
{quote} Hi Mr Karim. Still couldn't find the sweet spot to short her (GU). With UK Holiday and thinning volume, it may want to spike all over the place. I wait for reasonable set up to Short this pair. ( Later or tomorrow).
You fail to understand that I am trader who seeks long term movements
yes it’s a lot of lots but it’s a big account
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Master your mind. Master Trading.
  • #685,488
  • Sep 19, 2022 11:10am Sep 19, 2022 11:10am
Quoting Waveskierrob
{quote} Young Pat {image}
Young Waveskie, playing football.
You guess....
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #685,489
  • Sep 19, 2022 11:11am Sep 19, 2022 11:11am
Quoting Pat Chiko
{quote} Hi Mr Karim. Still couldn't find the sweet spot to short her (GU). With UK Holiday and thinning volume, it may want to spike all over the place. I wait for reasonable set up to Short this pair. ( Later or tomorrow).
Wolf seems to think 1.143 is the place to look for a short and Traderview was in the 1.145 area.
  • #685,490
  • Sep 19, 2022 11:15am Sep 19, 2022 11:15am
GU

Next hour, I hope she give one spike for liquidity or BSZ.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #685,491
  • Edited 10:06pm Sep 19, 2022 11:19am | Edited 10:06pm
Quoting dempire1
Long. Maybe luck is on my side today. {image}
Still expecting higher. No sign of bears at this time. Luck might play out.

target reached
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How to succeed in zero sum game?
  • #685,492
  • Sep 19, 2022 11:21am Sep 19, 2022 11:21am
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yes yes yes
  • #685,493
  • Sep 19, 2022 11:27am Sep 19, 2022 11:27am
Quoting Pat Chiko
{quote} Hi Mr Karim. Still couldn't find the sweet spot to short her (GU). With UK Holiday and thinning volume, it may want to spike all over the place. I wait for reasonable set up to Short this pair. ( Later or tomorrow).
Pat, if GU is making the 4th wave maybe Tuesday is the day to go short.
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Always trade your own plan...I don't provide trading signals.
  • #685,494
  • Sep 19, 2022 11:30am Sep 19, 2022 11:30am
Watching the ADX with value of 12. 24 is the minimum that you want for reasonable assurance of getting your order filled. Hmmm
  • #685,495
  • Sep 19, 2022 11:42am Sep 19, 2022 11:42am
Quoting Pat Chiko
{quote} If the BOE raise interest rates there may be a short term boost in the £ exchange rate. The problem is that no one can predict the markets. If I could I (and many others) would be billionaires. Is certainty preferable to stress? Good luck whatever you decide.
Very simple actually Pat. If we see that 75bps rate hike they are maybe now mentioning, buy Pound until 1.16 at least. (Perfect time for price correction). If we see 50bps then wait for Bailey and do nothing. Market, because of delay by BoE (because of Queen) had much more time to already price in good chunk of that 50bps rate hike, anything Bailey says will bear more importance of course than the hike itself. As for 75bps, just buy the shit out of Pound. We could have a week with 3 hikes by 75bps, why not? Fed, BoE and SNB. We'll see what Japan is preparing, but perhaps still nothing. 75bps by Fed already priced in because of rumours of perhaps a 100. That means if Powell fails being hawkish, that's our chance.
  • #685,496
  • Sep 19, 2022 11:45am Sep 19, 2022 11:45am
Quoting navk
it seems that is all for today. DP is resisting. I am out from longs already
Good call on that Low of the day!
  • #685,497
  • Sep 19, 2022 11:51am Sep 19, 2022 11:51am
Quoting TheWolf
{quote} Very simple actually Pat. If we see that 75bps rate hike they are maybe now mentioning, buy Pound until 1.16 at least. (Perfect time for price correction). If we see 50bps then wait for Bailey and do nothing. Market, because of delay by BoE (because of Queen) had much more time to already price in good chunk of that 50bps rate hike, anything Bailey says will bear more importance of course than the hike itself. As for 75bps, just buy the shit out of Pound. We could have a week with 3 hikes by 75bps, why not? Fed, BoE and SNB. We'll see what...
Thanks Bro.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #685,498
  • Sep 19, 2022 11:52am Sep 19, 2022 11:52am
Quoting Mitiblotch
{quote} I wish I bought more! {image}
Bro the same thing for me, i wish i bought more but all the same little is better than nothing. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #685,499
  • Sep 19, 2022 11:53am Sep 19, 2022 11:53am
Quoting Wavegarrick
{quote} Anyway Folks, I wait to see how the US will survive with the Dollar at multi year highs. Exports become a problem and without enough money coming into the Us, how will it affect the job market and the economy?. I hate to see how the lend lease program in Ukraine will be with the dollar at multi year highs. There are a lot of questions and I hope some answers. My current situation is a mix and match, but I am surviving and I don't post trade entries until I get confirmation. Keep it together Folks; We are at critical levels. Cheers. {image}...
I like this 4hr candle close in 10 minutes from now.
Trade well Folks.
Cheers.
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Trade to trade another day
  • #685,500
  • Sep 19, 2022 11:58am Sep 19, 2022 11:58am
Pat, different labeling but the same outcome. It took me a while to notice that the data is only to 9.12 in your attachment.
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Always trade your own plan...I don't provide trading signals.
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