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Cable Update (GBPUSD)

  • #688,401
  • Sep 27, 2022 6:27am Sep 27, 2022 6:27am
OK which way will it break?
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  • #688,402
  • Sep 27, 2022 6:29am Sep 27, 2022 6:29am
pound is insanity
last post was about crashing.. this post is about recovering
instability to the infinity
PDX adjusts risk, not scales..
  • #688,403
  • Sep 27, 2022 6:30am Sep 27, 2022 6:30am
Need a hammer!
  • #688,404
  • Sep 27, 2022 6:34am Sep 27, 2022 6:34am
Alot of bulls are walking the recovering paths, hoping for more winning ways
Keep the Lights on then you can catch the rise from the dark.
  • #688,405
  • Sep 27, 2022 6:35am Sep 27, 2022 6:35am
Quoting WizardTrade
{quote} Yes Powell bro, bring the volatility we need.
Not sure what Powell is saying, but USD seems soft at the moment.
  • #688,406
  • Sep 27, 2022 6:36am Sep 27, 2022 6:36am
Quoting Nala66
OK which way will it break? {image}
100% Upside Move for next 100-150 Pips

its Enough Down Trend since last 6 months, its time for retrace upside.
  • #688,407
  • Sep 27, 2022 6:38am Sep 27, 2022 6:38am
Quoting tenkanzen
{quote} Not sure what Powell is saying, but USD seems soft at the moment.
I am ready whether he speaks or remains silent I am bringing my tanks to the battlefield
WARNING: This post warps space and time in its vicinity.
  • #688,408
  • Sep 27, 2022 6:40am Sep 27, 2022 6:40am
Quoting johncena
{quote} 100% Upside Move for next 100-150 Pips its Enough Down Trend since last 6 months, its time for retrace upside.
This is the reality, “Markets can remain irrational longer than you can remain solvent.” Retail side is always on the taking end.
WARNING: This post warps space and time in its vicinity.
  • #688,409
  • Sep 27, 2022 6:40am Sep 27, 2022 6:40am
Quoting johncena
{quote} 100% Upside Move for next 100-150 Pips its Enough Down Trend since last 6 months, its time for retrace upside.
look at the history GU is moving down from 2007, ant there are more than 6months in a row going down
  • #688,410
  • Sep 27, 2022 6:41am Sep 27, 2022 6:41am
Quoting WizardTrade
{quote} I am ready whether he speaks or remains silent I am bringing my tanks to the battlefield
Did you bring it to XAUUSD too? More movements there.
  • #688,411
  • Sep 27, 2022 6:43am Sep 27, 2022 6:43am
Quoting tenkanzen
{quote} Did you bring it to XAUUSD too? More movements there.
I will include XAUUSD and EURUSD into my portfolio after two months. I will then divide my balance equally among all instruments
WARNING: This post warps space and time in its vicinity.
  • #688,412
  • Sep 27, 2022 6:44am Sep 27, 2022 6:44am
Quoting WizardTrade
{quote} I am ready whether he speaks or remains silent I am bringing my tanks to the battlefield
The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
I am neither brave nor stupid...I am just a part time trader
  • #688,413
  • Sep 27, 2022 6:46am Sep 27, 2022 6:46am
Quoting Indiara
{quote} The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
That's the time for the pound to recover till 1.1 and then plunge to parity
WARNING: This post warps space and time in its vicinity.
  • #688,414
  • Sep 27, 2022 6:48am Sep 27, 2022 6:48am
Quoting johncena
its Enough Down Trend since last 6 months, its time for retrace upside.
it seems so and one must always be aware the more the trend extends, but it could be falling for the next 6 months and more if the conditions that made it go down in the last 6 months don't change.
Ask Argentina how bad can things get, they were once one of the worlds strongest economies.
  • #688,415
  • Sep 27, 2022 6:48am Sep 27, 2022 6:48am
Quoting WizardTrade
{quote} That's the time for the pound to recover till 1.1 and then plunge to parity
That would make a nice Sell
I am neither brave nor stupid...I am just a part time trader
  • #688,416
  • Sep 27, 2022 6:49am Sep 27, 2022 6:49am
Quoting SilentFather
{quote} Ok, Good Job then. That's fine. Don't give up. Have some ideas for you, if you would like that. (Sorry that I'm saying it here) 1. Problem causing this, might be your entry / stoploss. 2. If you use traditional charts, get cTrader. It has TICK charts in it... This could help you catch low / high and thus your SL could be much less. 3. Check my first thread I made. To be fair, I have same problems. My problem, as I now just checked my trades on PC, that I use mobile phone... I entry buy / sell somewhere where I wouldn't do it at all. Phone...
So, it went as I said. We would take the low and go buy. Good for scalp. On 1 minute chart. It can be done on H1 or more, but that would be annoying to create such analysis for it.

SF
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  • #688,417
  • Sep 27, 2022 6:49am Sep 27, 2022 6:49am
Quoting gytenas112
{quote} look at the history GU is moving down from 2007, ant there are more than 6months in a row going down
they already killed 1400 Priced accounts so if they are going to move more down they need to fill up the Accounts so at least they will revert back to 1400-1500 again before go down,
  • #688,418
  • Sep 27, 2022 6:49am Sep 27, 2022 6:49am
Quoting Indiara
{quote} The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
Gold and Silver says hi.
  • #688,419
  • Sep 27, 2022 6:51am Sep 27, 2022 6:51am
Quoting Indiara
{quote} The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
When they say "digital currencies", they aren't talking about crypto. They mean CBDCs.
  • #688,420
  • Sep 27, 2022 6:53am Sep 27, 2022 6:53am
Gold heading to 1686 zone if it fails I am expecting it to reach 1584 within the next month
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