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Cable Update (GBPUSD)

  • #686,581
  • Sep 22, 2022 5:35am Sep 22, 2022 5:35am
Quoting gytenas112
{quote} waiting from friday… no traiding since then only red screen {image}
Ouchh
More time in the market, does not mean you trade better!
  • #686,582
  • Sep 22, 2022 5:36am Sep 22, 2022 5:36am
Quoting theoak
{quote} i knew you city boys would not let me down!!!

BOE don't let the side down (12.00)!!!!
Don't trade what you think. Just what you see!!!
  • #686,583
  • Sep 22, 2022 5:38am Sep 22, 2022 5:38am
Quoting Indiara
Buy on GU....hard to keep up with the screenshot!! {image}

Trade is protected now
I am neither brave nor stupid...I am just a part time trader
  • #686,584
  • Sep 22, 2022 5:38am Sep 22, 2022 5:38am
Quoting gytenas112
Can someone explain the news that will come after 40min i had been looking the history of results and almost all the time if results were as predicted GU went up, but the last time it went down despite it was as predicted why? what ar you thinking about today?
Everybody knows what I think will happen....

ANYTHING...

...don't watch the weather forecast to see what the weather is doing ...look out the window
  • #686,585
  • Sep 22, 2022 5:39am Sep 22, 2022 5:39am
Quoting gytenas112
Can someone explain the news that will come after 40min i had been looking the history of results and almost all the time if results were as predicted GU went up, but the last time it went down despite it was as predicted why? what ar you thinking about today?
We are in a double digit inflation

Raising in interest rate, consensus or not, means the BOE expects inflation to continue. GU goes down to slowdown purchases and slowdown inflation in the near future.

GU can go down, but not too much else, everything imported will be too expensive, including energy. UK buys from Norway. It's winter, UK needs heat.

And because BOJ intervened, BOE most likely will do the same if it falls too low.
  • #686,586
  • Sep 22, 2022 5:40am Sep 22, 2022 5:40am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 12 KB
yes yes yes
  • #686,587
  • Sep 22, 2022 5:40am Sep 22, 2022 5:40am
UJ Sell......

Attached Image (click to enlarge)
Click to Enlarge Name: uj.jpg Size: 138 KB
I am neither brave nor stupid...I am just a part time trader
  • #686,588
  • Sep 22, 2022 5:41am Sep 22, 2022 5:41am
Quoting Headland
{quote} They say pain is twice as painful as gain is gainful! Lol. hidden div potential
Did you get it?

5min below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Trader with an Edge.
  • #686,589
  • Sep 22, 2022 5:41am Sep 22, 2022 5:41am
Imagine being the last poor devil who bought USDJPY before the drop.



Quoting Indiara
Japan top currency diplomat says that they have intervened in the FX market https://www.forexlive.com/news/japan...rket-20220922/
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220922-063444~3.png Size: 39 KB
Funded trader
  • #686,590
  • Sep 22, 2022 5:41am Sep 22, 2022 5:41am
The chart is crowded, I know because I like noisy charts. noisy but meaningful... I plan to hold the trade until 1.1400 & 1.14500. Stop was also moved to 1.1267
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (2054).png Size: 65 KB
There is nothing wrong with being kind & loving to each other
  • #686,591
  • Sep 22, 2022 5:42am Sep 22, 2022 5:42am
So what the shit happened for the past 4 hours I was away?
GU skyrocket as expected after the Frankfurt push.
For UJ intervention was expected but not this early as I expects it to be.

Shit I missed so many opportunities.
Exhausted
  • #686,592
  • Sep 22, 2022 5:43am Sep 22, 2022 5:43am
Quoting Theoak
{quote} BOE don't let the side down (12.00)!!!!
Please .75%
  • #686,593
  • Sep 22, 2022 5:44am Sep 22, 2022 5:44am
Quoting Indiara
{quote} Trade is protected now
I closed GU manually for +26. Too scared to hold it because news is near.....

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 36 KB
I am neither brave nor stupid...I am just a part time trader
  • #686,594
  • Sep 22, 2022 5:44am Sep 22, 2022 5:44am
Quoting sbmortimer
Imagine being the last poor devil who bought USDJPY before the drop. {quote} {image}
I did .....but sold as well
  • #686,595
  • Sep 22, 2022 5:44am Sep 22, 2022 5:44am
Also, I need some input and opinions from you guys who have been trading longer than me (that's for sure).

From the past 4 months that I've been trading, I notice thay the Frankfurt session tends to push prices to a certain zones before London session takes over and reverse it.

Need your two cents.
Exhausted
  • #686,596
  • Sep 22, 2022 5:45am Sep 22, 2022 5:45am
Quoting yelena
{quote} We are in a double digit inflation Raising in interest rate, consensus or not, means the BOE expects inflation to continue. GU goes down to slowdown purchases and slowdown inflation in the near future. GU can go down, but not too much else, everything imported will be too expensive, including energy. UK buys from Norway. It's winter, UK needs heat. And because BOJ intervened, BOE most likely will do the same if it falls too low.
Boe is historically the least interventionist of the major central banks...but anything is possible, even if it's not probable.
Trader with an Edge.
  • #686,597
  • Sep 22, 2022 5:45am Sep 22, 2022 5:45am
Quoting gytenas112
Can someone explain the news that will come after 40min i had been looking the history of results and almost all the time if results were as predicted GU went up, but the last time it went down despite it was as predicted why? what ar you thinking about today?
High interest rates make the currency go up.
Savers put money in bank (takes currency out of circulation)
Other counties buy the currency, so they can get the interest rate

The USA have been increasing which intern weakens other currency.

Other countries are now putting policies in place to stop their currencies getting weaker
Don't trade what you think. Just what you see!!!
  • #686,598
  • Sep 22, 2022 5:46am Sep 22, 2022 5:46am
Quoting Elysion
So what the shit happened for the past 4 hours I was away? GU skyrocket as expected after the Frankfurt push. intervention was expected but not this early. Shit I missed so many opportunities.
Real sh*t happened in UJ. Japan MOF makes an intervention
More time in the market, does not mean you trade better!
  • #686,599
  • Sep 22, 2022 5:46am Sep 22, 2022 5:46am
Quoting sbmortimer
Imagine being the last poor devil who bought USDJPY before the drop. {quote} {image}

Yes, that would be sad
I am neither brave nor stupid...I am just a part time trader
  • #686,600
  • Sep 22, 2022 5:47am Sep 22, 2022 5:47am
Quoting Indiara
{quote} I closed GU manually for +26. Too scared to hold it because news is near..... {image}
Best to close before news.
Exhausted
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