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Cable Update (GBPUSD)

Quoting Yngwie
GBP have a chance up to 1.1100 soon if can break 1.0920
Remember this 7 hours ago? I consider touchdown. 1100. From 1.0830 Enjoy your pips
naked trader ~ GBPUSD only!
Quoting Pat Chiko
Pound-Dollar rebound continues, when it hits the upper blue line the FX market will have effectively erased the 'mini-budget' premium of GBP Finding minor pullback to go long. Have to wait a bit {image} Add info : BREAKING: *U.S. Q2 ECONOMY SHRINKS AT ANNUAL RATE OF -0.6%, SECOND STRAIGHT QUARTERLY CONTRACTION Source : Investing.com
I'm looking at 1.1137... then I can go short for a target of 1.0950 resistance becoming support... Though I feel this intervention will not help for too long, the next crash will go below parity.
Swing and Intraday
Enough for the month. I am done. Catch you guys next month. Have a great weekend buddies
WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
Quoting greenpips4
GBPAUD 200pips underwater... i hope GBP weakens STARTED MARTINGALE i hope this idea works
u need to find the next extreme and sell there, and get out in the middle, otherwise quite dangerous
Quoting Georginson
{quote} I'm looking at 1.1137... then I can go short for a target of 1.0950 resistance becoming support... Though I feel this intervention will not help for too long, the next crash will go below parity.
I still waititng for more info on how much BoE intervene.
Then, least we know what price level they will try to capture on this moves.

If the amount is less than the expose Gilt, then another round of bear going to hit GU.
This time parity is in the playing card.

Dust has yet to settle.
I come from the future.
Quoting Georginson
{quote} I'm looking at 1.1137... then I can go short for a target of 1.0950 resistance becoming support... Though I feel this intervention will not help for too long, the next crash will go below parity.
bloody hope not
Quoting Yngwie
{quote} Remember this 7 hours ago? I consider touchdown. 1100. From 1.0830 Enjoy your pips
You're very smart trader, that's why I always follow your signal.
Hope to continue posting good signal in this thread.

Thanks You
Best Wishes
PAT
I come from the future.
Quoting greenpips4
GBPAUD 200pips underwater... i hope GBP weakens STARTED MARTINGALE i hope this idea works
Using Martingale takes time and practice and can destroy accounts very easily.... just be very careful
Soon To Be Temporarily Suspended Again
Quoting nAVIN2007
{quote} bloody hope not

When Georginson talks about bloodshed, we should really be afraid
Still trying to understand why GU keep going, when there is no demand for long term gilts (GB20). Who are buying GBP right now.
Cause i think the up move was mostly from usd selling may be risk on mood or something i missed!
Trade at good levels or no trade at all!
I see a lot of people here talking about the BOE buying the pound and pushing it higher, but where do you guys all get this assumption from?

All the BOE announced is buying mostly long term guilts i can not read it anywhere that they planned to buy pound. Also the approved budget for intervention wouldn't give them enough firepower to push it up >300 pips in my opinion.
Quoting Waveskierrob
{quote} Using Martingale takes time and practice and can destroy accounts very easily.... just be very careful
Are you serious?
~ Let the market organize itself
my orders...
Attached Image (click to enlarge)
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Gold short 1639
Quoting Fardeen1209
Still trying to understand why GU keep going, when there is no demand for long term gilts (GB20). Who are buying GBP right now. Cause i think the up move was mostly from usd selling may be risk on mood or something i missed!
UK Central bank buying unlimited bonds (to save the investment banks.
Noboy is buying it. UK Govt trying to save the bank that gives margin to Pension Fund.
Not the pension funds, as they sold it to the public aka Tax Payer Money by QE aka Print more money.

It's funny how there's never enough money...but yet somehow they magically conjured up £45 BILLION in two days to buy "failing" bonds.
All these intervention/bailouts sure as hell doesn't sound like a free market...
I come from the future.
very risky
Attached Image (click to enlarge)
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Quoting nAVIN2007
{quote} u need to find the next extreme and sell there, and get out in the middle, otherwise quite dangerous
GOT it
was planning the same..
price need to correct to push upward . lets see what happens..
regards
Quoting Pat Chiko
{quote} You're very smart trader, that's why I always follow your signal. Hope to continue posting good signal in this thread. Thanks You Best Wishes PAT
Haha u dont need my signal la kawan.
naked trader ~ GBPUSD only!
Quoting Pat Chiko
{quote} UK Central bank buying unlimited bonds (to save the investment banks. Noboy is buying it. UK Govt trying to save the bank that gives margin to Pension Fund. Not the pension funds, as they sold it to the public aka Tax Payer Money by QE aka Print more money. It's funny how there's never enough money...but yet somehow they magically conjured up £45 BILLION in two days to buy "failing" bonds. All these intervention/bailouts sure as hell doesn't sound like a free market...
so your conclusion than has to be that we see some kind of chain reaction or how do you than explain also the general dollar selling in the other currency's?
Quoting eyefeelsix
{quote} Are you serious?
Very much so
Soon To Be Temporarily Suspended Again
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