Cable Update (GBPUSD) | Page 34463 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #689,241
  • Sep 28, 2022 12:58pm Sep 28, 2022 12:58pm
Quoting Pat Chiko
DJIA What do you think of this post ? {image} 10 hours after taking the trades, I now declare to close it with frucking profit. Where does this lead to ?
Let me evaluate this one
WARNING: This post warps space and time in its vicinity.
  • #689,242
  • Sep 28, 2022 1:01pm Sep 28, 2022 1:01pm
Quoting Pat Chiko
DJIA What do you think of this post ? {image} 10 hours after taking the trades, I now declare to close it with frucking profit. Where does this lead to ?
Estimating this
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 37 KB
WARNING: This post warps space and time in its vicinity.
  • #689,243
  • Sep 28, 2022 1:03pm Sep 28, 2022 1:03pm
Quoting knkie
hahah wow talk about a margin call {image}

I got some Newbie question.....

Why would a pension fund get a margin call?
Do they hedge asset liabilities with long term dated bonds with the collateral drop 50% go figure. ?

In any other countries Pension funds don’t lever.
There’s no such thing as margin call with pension funds lol!

What kind of margin we are talking about.......?

Is this UK or Zimbabwe here...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #689,244
  • Sep 28, 2022 1:05pm Sep 28, 2022 1:05pm
Quoting Pat Chiko
{quote} I got some Newbie question..... Why would a pension fund get a margin call? Do they hedge asset liabilities with long term dated bonds with the collateral drop 50% go figure. ? In any other countries Pension funds don’t lever. There’s no such thing as margin call with pension funds lol! What kind of margin we are talking about.......? Is this UK or Zimbabwe here...
They got me scratching my head
WARNING: This post warps space and time in its vicinity.
  • #689,245
  • Sep 28, 2022 1:07pm Sep 28, 2022 1:07pm
Time to go long on this beast
WARNING: This post warps space and time in its vicinity.
  • #689,246
  • Sep 28, 2022 1:09pm Sep 28, 2022 1:09pm
Quoting Pat Chiko
DJIA What do you think of this post ? {image} 10 hours after taking the trades, I now declare to close it with frucking profit. Where does this lead to ?
This is what happens when you make loads of money
Attached Image (click to enlarge)
Click to Enlarge Name: 29d8178e-ed1d-4d61-a1a7-b0d697ed0e97.jpg Size: 48 KB
  • #689,247
  • Sep 28, 2022 1:10pm Sep 28, 2022 1:10pm
Quoting Pat Chiko
{quote} Finally, after long period of trading you decided to closed. Congrat Bro. Such a nice swing trade you made earlier. BTW, I'm thinking to short this pair again at this level. What say you on this. Thanks & enjoy your profit. {image}
Yes and I’m very happy with the pips was absolutely mad but now the feds came out dovish and it looks like inflation has peaked seems usd has met it’s faith now I buy eurusd
Master your mind. Master Trading.
  • #689,248
  • Sep 28, 2022 1:16pm Sep 28, 2022 1:16pm
Quoting KareemAliFx
{quote} Yes and I’m very happy with the pips was absolutely mad but now the feds came out dovish and it looks like inflation has peaked seems usd has met it’s faith now I buy eurusd
Good for you Kareem.
Happy if I could, one day trad like you with full confidence.

Thanks for sharing your trade ideas and thought process.
Learned a lot and will be learning more from you.

Best Wishes
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #689,249
  • Sep 28, 2022 1:28pm Sep 28, 2022 1:28pm
Quoting WizardTrade
Time to go long on this beast
long GU? Ouch
Insane in the Brain..
  • #689,250
  • Sep 28, 2022 1:30pm Sep 28, 2022 1:30pm
Quoting BeeTogether
{quote} long GU? Ouch
I am long for a quick scalp
WARNING: This post warps space and time in its vicinity.
  • #689,251
  • Sep 28, 2022 1:31pm Sep 28, 2022 1:31pm
Quoting WizardTrade
{quote} They got me scratching my head
I think a lot of people were scratching their heads lol

for some reason my pension website was down for maintenance at the same time. Not that I even knew that the pension thing was happening lol
Insane in the Brain..
  • #689,252
  • Sep 28, 2022 1:32pm Sep 28, 2022 1:32pm
Quoting WizardTrade
{quote} I am long for a quick scalp
proper sniper lol
Insane in the Brain..
  • #689,253
  • Sep 28, 2022 1:32pm Sep 28, 2022 1:32pm
one push higher around 1.0930?
  • #689,254
  • Sep 28, 2022 1:33pm Sep 28, 2022 1:33pm
Quoting ForexGoose
{quote} what kind of idiots manage these pension funds?
That's the wrong question to ask.

What I'm seeing is they short bonds when BoE just told they'll buy them.
Are they willing to play against infinite balance sheet?

Clearly not a policy mistake or idiot manager then… market forced the hand of the BoE.
If Pension funds are leveraged, they’re literally playing with the retirees income.
Never heard any country allows that.

Never knew pension funds trading is just like mine

Remember the three "L" that's bad for you if taken in excessive
Ladies, liquor and leverage
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #689,255
  • Edited 3:19pm Sep 28, 2022 1:34pm | Edited 3:19pm
...as Bones pointed out earlier today, (before the rise from the current dly lo really got started,) the Dly chart was pointing to at least a pullback after Monday's drop and Tuesday's dly candle seemed to be confirming that. It was the Boe intervention pump and dump that screwed it initially, but the market got there in the end. Y/day's inverted hammer on dly closed outside it's 20bol, with osc's in o/s territory.

Re 1hr - pretty straight line rise up from current and likely dly lo, the current dly hi is in that prev 1hr/4hr sw hi zone that leads to mon's dly hi @ a 76.4% fib, where supply was encountered. A 377pip/249% 30day adr (so far) rise.

Dly, then 1hr below, then fibs list.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Click to Enlarge Name: screenshot.png Size: 18 KB
Attached Image
Trader with an Edge.
  • #689,256
  • Sep 28, 2022 1:36pm Sep 28, 2022 1:36pm
Quoting lddd
{quote} Hehe. There came the move up again, even earlier. Stopped out with both short positions. No worries, only demo money (plus still ended little profitable). {image} Edit: What is the trend?
Down. Doble top me Real account
POSTMASTER
  • #689,257
  • Sep 28, 2022 1:40pm Sep 28, 2022 1:40pm
Another quick long scalp done and dusted. Enough for today. Take care friends. Catch you again.
WARNING: This post warps space and time in its vicinity.
  • #689,258
  • Sep 28, 2022 1:44pm Sep 28, 2022 1:44pm
Quoting WizardTrade
{quote} I am long for a quick scalp
Too much confusion in trding GU....... I decided to move into uncrowded market.......

If you're looking for an uncrowded trade in UK markets... betting markets are pricing in a 10% probability PM Truss goes by year-end (granted up from 0 at the start of the week)

I'm in starting with 1,000 pound. Place your trade..

Attached Image (click to enlarge)
Click to Enlarge Name: Liz Truss betting.png Size: 12 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #689,259
  • Sep 28, 2022 1:59pm Sep 28, 2022 1:59pm
This is 350 pips bulls run
Leave something for tomorrow mf
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20220928_215844.jpg Size: 270 KB
yes yes yes
  • #689,260
  • Sep 28, 2022 2:02pm Sep 28, 2022 2:02pm
Quoting Wavegarrick
{quote} Could we see my weekly pivot at 1.10478?. Lots of high value moves at these extreme levels. Trade safe. Cheers. {image}
Super crazy moves today as well as Bank of England had to intervene to salvage an already horrible situation but I feel this intervention may be short lived as there are numerous challenges facing the UK and USD seem to be on fire.

From technical angle...
1.0940 is a major decider between 1.1044 / 1.1096 and 1.0550 / 1.0630...

Above 1.0940 exposes 1.1044
Below 1.0940 still targets 1.0630

Keeping it simple I do be selling from 1.09 with stop loss at 1.0950 and a target of 1.0650... my stop is tight but potential reward is much... If it hits my stop, I do wait to sell again from 1.1040 and target 1.0900...
Data + Stat + Risk/Emotions Management
903 traders viewing now