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Cable Update (GBPUSD)

  • #690,921
  • Oct 3, 2022 2:15am Oct 3, 2022 2:15am
When it spiked, I shorted.

Booked.

Enough for now.
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Intraday only.
  • #690,922
  • Oct 3, 2022 2:16am Oct 3, 2022 2:16am
Quoting Fardeen1209
Will businesses moved to UK after a tax cut or undertake more investment because they are left with higher after tax profit? I don't think so. Why? # 1 After the the tax cut, the tax rate will still be higher than the tax haven like Bahamas and Cayman Island. So majority British founders wont give a sh8t about the tax cut and wouldn't relocate their HQ in UK peninsula. #2 To undertake more investment, an investor needs money as well as reassurance for a good business prosperity. They need to be optimistic about UK economy, which we are currently...
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  • #690,923
  • Oct 3, 2022 2:16am Oct 3, 2022 2:16am
Quoting Pat Chiko
{quote} Pound jumps as UK PM Truss & chancellor Kwarteng have abandoned plan to abolish top rate of income tax for highest earners in astonishing U-turn. Kwarteng acknowledged that plan to axe 45% rate on earnings >£150,000 in a move to be paid for by borrowing had become "distraction." Can it sustain ?. Or just a knee jerk ?
....and let's not forget the the GU was in decline before the budget........still him and his mates have made their money ..allegedly...
  • #690,924
  • Oct 3, 2022 2:19am Oct 3, 2022 2:19am
Quoting johncena
{quote} 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,
i told you
  • #690,925
  • Oct 3, 2022 2:21am Oct 3, 2022 2:21am
Quoting TheWolf
{quote} Going to test 1.124 yet again Bouncing off.. {image}
Typical London structure on 15M. Up, Down, Up, Down..

Although my 30M chart is starting to give long signals.. be careful actually!
All in all, I don't see any shorts here..
  • #690,926
  • Oct 3, 2022 2:21am Oct 3, 2022 2:21am
Quoting Indiara
Hello there friends. I hope that everyone had a good weekend with lots of rest and fun I see that GU has been going silly to start the session off today. I couldn't make an entry as I just got home, but Kuroda San has given me an entry with my Sell Limit on UJ. Now we can wait and see where it goes {image}
Good weekend had in the UK. bands and alcohol.
Hope your trades are fruitful.
I did a quick long scalp off the 08-00 15 min bar, cable . My day is now ended.
Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #690,927
  • Oct 3, 2022 2:23am Oct 3, 2022 2:23am
Quoting johncena
{quote} i told you
Thank You JohnCena
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #690,928
  • Oct 3, 2022 2:24am Oct 3, 2022 2:24am
in FF we have a search page where you can find any indicator you search for - use it please
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  • #690,929
  • Oct 3, 2022 2:25am Oct 3, 2022 2:25am
Quoting Pat Chiko
Waveskie, you gives my info to the Chinese Man ?. fardeen1209 is my witness How much did the Chinese pay you. ? ... Friday, asked your opinion to buy Aston Martin. {quote} You supported the idea... Won’t get this trade wrong. Solid investment, if I get my hand on it. {quote} Monday comes.............all gone. China men got 8% after you inform them... Now,Saudis and the Chinese now own 26%. {image}
Waveskie gave inside information to the Chinese man
More time in the market, does not mean you trade better!
  • #690,930
  • Oct 3, 2022 2:33am Oct 3, 2022 2:33am
Quoting Mitiblotch
I don't know what's happening and I don't care. Before I could press my buy button after writing the post above it spiked another 70 pips! Heck! Short 1247. See if I can jump out at 1200. I hope.
you need 2 screens as its so easy to miss a good opportunity whilst on FF Or use split screen
  • #690,931
  • Oct 3, 2022 2:34am Oct 3, 2022 2:34am
Quoting PatienceFx
in FF we have a search page where you can find any indicator you search for - use it please {image}
The challenge is figuring out which one(s) to use and how to use them effectively. No forum for that to the best of my knowledge.
  • #690,932
  • Edited 2:46am Oct 3, 2022 2:34am | Edited 2:46am
Difference between Last week to today chart
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Regard NOOR16
  • #690,933
  • Oct 3, 2022 2:35am Oct 3, 2022 2:35am
British pound could face more downside, says Standard Chartered

https://www.cnbc.com/video/2022/10/0...aboolainternal
  • #690,934
  • Oct 3, 2022 2:39am Oct 3, 2022 2:39am
Quoting Bones
{quote} They're not borrowing that money. It is an unlimited package.
Thanks bud for the correction
My little brain do not understand all that happening around here, since it is a lot to process on a daily basis.
I did missed some important points many times while reading cause majority of the time i'm reading at 2A.M and im still a baby
More time in the market, does not mean you trade better!
  • #690,935
  • Oct 3, 2022 2:40am Oct 3, 2022 2:40am
Quoting tenkanzen
British pound could face more downside, says Standard Chartered https://www.cnbc.com/video/2022/10/0...aboolainternal
a major bank is in serious trouble, it can whipsaw markets badly
  • #690,936
  • Oct 3, 2022 2:41am Oct 3, 2022 2:41am
If GU breaks 1.10 again, it is possible to reach 1.08x, closed long at 1.121 waiting for London now
  • #690,937
  • Oct 3, 2022 2:41am Oct 3, 2022 2:41am
Quoting PatienceFx
{quote} a major bank is in serious trouble, it can whipsaw markets badly
Credit Suisse?

https://www.cnbc.com/2022/10/03/cred...ncerns-ft.html

Credit Suisse shares tank 10% on restructuring, capital concerns
  • #690,938
  • Oct 3, 2022 2:41am Oct 3, 2022 2:41am
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careful that is a 50% pullback lower 1 min chart
  • #690,939
  • Oct 3, 2022 2:45am Oct 3, 2022 2:45am
Have a nice and profitable week and good luck folks!

+50 pips added
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EurUsd now +16...
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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #690,940
  • Oct 3, 2022 2:48am Oct 3, 2022 2:48am
now the cat is annoying me, time to get rid of it from charts
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