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Cable Update (GBPUSD)

  • #687,761
  • Sep 25, 2022 8:35pm Sep 25, 2022 8:35pm
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  • #687,762
  • Sep 25, 2022 8:38pm Sep 25, 2022 8:38pm
Quoting PatienceFx
{quote} never hedge your trades, it is very tough to get out
What a dumb statement. You think it better for the trader to continue to lose until broke.

I know it would have been better to be stopped out for a small sum, but the trader did not do that.
  • #687,763
  • Sep 25, 2022 8:38pm Sep 25, 2022 8:38pm
I try to trade carefully for 1 hour, still got small loss.
The spreads running up and down too fast

it's not trading , it's much more like gambling.

I QUIT THIS DANGEROUS MOMENT !!
  • #687,764
  • Sep 25, 2022 8:40pm Sep 25, 2022 8:40pm
Quoting PatienceFx
{quote} never hedge your trades, it is very tough to get out
Why not I always hedge my trades when they go against me
  • #687,765
  • Sep 25, 2022 8:40pm Sep 25, 2022 8:40pm
Quoting Waveskierrob
Go back 20 years and I wasn't uncommon for the CABLE to move like this, markets keep changing all the time, systems that worked back then are not working now and vice versa ....trade the now, right now...monday morning rant over , now for a nice cup of tea {image}
I can remember back when I was 2K down at breakfast and then 2k up by lunch. The times are a changing.
  • #687,766
  • Sep 25, 2022 8:43pm Sep 25, 2022 8:43pm
There you go I just gave you all 30 pips
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  • #687,767
  • Sep 25, 2022 8:52pm Sep 25, 2022 8:52pm
Quoting Waveskierrob
Still after all this people still trying to predict...
tempting to hunt the low for the jackpot.

but frankly not worth it, im waiting for protective wall.
  • #687,768
  • Sep 25, 2022 8:54pm Sep 25, 2022 8:54pm
Now it is testing the bull support as resistance
  • #687,769
  • Sep 25, 2022 9:00pm Sep 25, 2022 9:00pm
it is possible that movement may stabilize for next two hours as New York is going to sleep now, and London will wake up after 2 hours.
  • #687,770
  • Sep 25, 2022 9:09pm Sep 25, 2022 9:09pm
Quoting Scoobidoobi
Had heart attack trading GBP USD, was hodling all the way down. {image}
i am sure you will have a heart attack trading like this one day and whole of ur profits will be spent in paying hospital bills. 7.5 lots on the rumours that BOE can aytime hit the market. they have paid a penalty in 1992 they wont do the same mistake again. some of the selling is just outrageous
  • #687,771
  • Sep 25, 2022 9:19pm Sep 25, 2022 9:19pm
Quoting giveachance
{quote} i am sure you will have a heart attack trading like this one day and whole of ur profits will be spent in paying hospital bills. 7.5 lots on the rumours that BOE can aytime hit the market. they have paid a penalty in 1992 they wont do the same mistake again. some of the selling is just outrageous
Yeah, ATM I'm thinking UK government should definately do something to protect their peoeple's assets.
It's not healthy normal market play now, it's like attacK hacking in my perspective!
  • #687,772
  • Sep 25, 2022 9:21pm Sep 25, 2022 9:21pm
Quoting Whale
{quote} tempting to hunt the low for the jackpot. but frankly not worth it, im waiting for protective wall.
It is time ?. I copy you....
Thanks
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #687,773
  • Sep 25, 2022 9:21pm Sep 25, 2022 9:21pm
Why to trade this nonsence?
Just watch
Intraday only.
  • #687,774
  • Sep 25, 2022 9:22pm Sep 25, 2022 9:22pm
BOE have 30 billion in forex reserves. even 5 billion should be sufficient here. dont try to test their resolve.

https://assets.publishing.service.go...March_2022.pdf

FED are anyways going to get fucked 6 months down the line.
  • #687,775
  • Sep 25, 2022 9:25pm Sep 25, 2022 9:25pm
Quoting Theoak
{quote} Wow. was short on EUR and cable. 50% up on account in 5 mins....That must of blown loads of accounts.
I've been short all last week on the EUR.
  • #687,776
  • Sep 25, 2022 9:26pm Sep 25, 2022 9:26pm
Quoting Pat Chiko
{quote} It is time ?. I copy you.... Thanks
Hhh, no, Copy others.
im not trading now.
This is not my thing to trade this.
  • #687,777
  • Sep 25, 2022 9:26pm Sep 25, 2022 9:26pm
The difference in the day!

The UK is pursuing tax cuts and spending (borrowing) £150B to subsidize the energy costs for Britons.
Because of this and not a sufficient action from BoE, British bonds are selling off sharply.
There is a high risk of default for the UK this winter!

Time to visit the UK - everything is on sale.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #687,778
  • Sep 25, 2022 9:27pm Sep 25, 2022 9:27pm
Quoting navk
Why to trade this nonsence? Just watch
Why to watch? Sleep
  • #687,779
  • Sep 25, 2022 9:29pm Sep 25, 2022 9:29pm
Quoting ForexCFD
it is possible that movement may stabilize for next two hours as New York is going to sleep now, and London will wake up after 2 hours.
Money doesn't sleep, it is a big wide world outside the dunny.
  • #687,780
  • Sep 25, 2022 9:29pm Sep 25, 2022 9:29pm
Quoting bobhowson
{quote} I've been short all last week on the EUR.


The euro is right there behind it, although with the declines coming at a somewhat slower pace.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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