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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

this pair is really moving...25 pips every 5 min candle... Geez
Heading to 1.09xxx then down again
WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
GU Buy Stop activated

Edit: Buy Limit I mean

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I am neither brave nor stupid...I am just a part time trader
What can the BoE do in a GBP fiscal crisis?
Emergency hike but markets will want >200bps (kills economy).

BoE has small FX reserves pool.
Treasury needs to instruct BoE to use theirs.
Even jointly... reserves will run out in weeks. BoE thrown to market wolves.

No easy way out
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I come from the future.
Quoting PatienceFx
{quote} my trade is defined by the guiy on the extreme right {image}
good thing you dumped the sell
in wondering about yourself, you forgot what you came here to be part of
Quoting WizardTrade
Heading to 1.09xxx then down again
Thanks for the signal Wizard.

Unfortunately, it's my break time for tea.
I pas the signal.

Will continue after my tea break.
All the best and good luck with your trades.

PAT
I come from the future.
Quoting Pat Chiko
{quote} Thanks for the signal Wizard. Unfortunately, it's my break time for tea. I pas the signal. Will continue after my tea break. All the best and good luck with your trades. PAT
I am also out for a refreshment. Will catch you in the NY Session.
WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
Quoting Indiara
GU Buy Stop activated Edit: Buy Limit I mean {image}
Trade is protected now.
I am neither brave nor stupid...I am just a part time trader
Quoting GGekkoGreed
this pair is really moving...25 pips every 5 min candle... Geez
I wish the market are like this everyday.
Volatile with 560 pips down then 511 pips up.

Very good day for scalping.
I come from the future.
Will keep add the short until NY Open
Quoting Pat Chiko
{quote} I wish the market are like this everyday. Volatile with 560 pips down then 511 pips up. Very good day for scalping.
I feel like this market could set up for some type of black swan event though...it seems risky to step in here...
GU

Follow the money......
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I come from the future.
Quoting DailyChart
Will keep add the short until NY Open
No yet lah Bro....
Wait for buyer to come to the show
Got 2 hour to go.
Take a break, enjoy your food.
Here's some birthday cake.......
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I come from the future.
Quoting Pat Chiko
What can the BoE do in a GBP fiscal crisis? Emergency hike but markets will want >200bps (kills economy). BoE has small FX reserves pool. Treasury needs to instruct BoE to use theirs. Even jointly... reserves will run out in weeks. BoE thrown to market wolves. No easy way out {image}
stuck between a rock and a hard place....there will be tears for a long time
Soon To Be Temporarily Suspended Again
Quoting Pat Chiko
{quote} No yet lah Bro.... Wait for buyer to come to the show
Currently one short position running @LO high and 3 Pending Short awaiting below
Quoting greed
{quote} Difficult situation. Why are you not hedging when you want to swing large moves like this? I see way more downward pressure than the other way around. Just today on Bloomberg a few institutional investors stated that they can not buy GBP and be exposed to this kind of uncertain risk, because mostly their rules don't allow this kind of exposure. of course these are only individual voices but it might gives a hint of the sentiment from the money players. until BOE does not come on the stage i would always feel uncomfortable with (big) long...

Maybe the BOE will come on stage faster than i expected

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Quoting Pat Chiko
GU Follow the money...... {image}
Haha,,,,for those who remember
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Soon To Be Temporarily Suspended Again
Quoting Pat Chiko
{quote} No yet lah Bro.... Wait for buyer to come to the show Got 2 hour to go. Take a break, enjoy your food. Here's some birthday cake.......{image}
That is a life changing birthday cake
Trade at good levels or no trade at all!
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Quoting Pat Chiko
GU Follow the money...... {image}
And my target is new low again after NY Open In first hour

Alhamdulillah
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