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Cable Update (GBPUSD)

  • #690,941
  • Oct 3, 2022 2:49am Oct 3, 2022 2:49am
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  • #690,942
  • Edited 3:57am Oct 3, 2022 2:51am | Edited 3:57am
I believe GBPUSD will never reach Parity (1.0000).

BoE will intervene.

The FED does not want a Dollar that is too strong.

In other words this is a Long-term bottom, Up from here.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #690,943
  • Oct 3, 2022 2:52am Oct 3, 2022 2:52am
Sometimes when i read about my generation, it is so embarrassing.
The Millennials makes fun of us
It is a shame!
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Our search engine is tiktok
More time in the market, does not mean you trade better!
  • #690,944
  • Oct 3, 2022 2:53am Oct 3, 2022 2:53am
Quoting tenkanzen
{quote} Credit Suisse? https://www.cnbc.com/2022/10/03/cred...ncerns-ft.html Credit Suisse shares tank 10% on restructuring, capital concerns
Is Fed about to kick Credit Suisse over the cliff by continuing the current rate hike and balance sheet reducing policy ?
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #690,945
  • Oct 3, 2022 2:55am Oct 3, 2022 2:55am
No volumes because bank holiday?
Exhausted
  • #690,946
  • Oct 3, 2022 2:55am Oct 3, 2022 2:55am
Quoting Fardeen1209
Sometimes when i read about my generation, it is so embarrassing. The Millennials makes fun of us It is a shame! {image}Our search engine is tiktok



And this isn't even funny at all

Kind regards
  • #690,947
  • Oct 3, 2022 2:57am Oct 3, 2022 2:57am
Quoting thatRichDude
{quote} And this isn't even funny at all Kind regards
It is not funny, it is f*ckin disgraced bro!
These suckas are the future
More time in the market, does not mean you trade better!
  • #690,948
  • Oct 3, 2022 2:58am Oct 3, 2022 2:58am
hoping uncle kuroda intervenes again - sold at 145
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  • #690,949
  • Oct 3, 2022 3:01am Oct 3, 2022 3:01am
Quoting Elysion
No volumes because bank holiday?
It's only Frankfurt
  • #690,950
  • Oct 3, 2022 3:02am Oct 3, 2022 3:02am
Quoting Pat Chiko
{quote} GU Target 1 & 2. But The Damage is already done Will this be the end of the aggressive Selling against the pound? That depends on the Federal Reserve’s and Interest Rates {image} UK income tax reversal “saves” around £2bn Not huge in context of other unfunded tax cuts (see below from Mini-Budget) but the reversal in stance is key. $GBP marginally higher, Gilts now 5-10bp lower BUT: budget deficit + current account deficit situation still stands
GU

add on PB.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #690,951
  • Oct 3, 2022 3:02am Oct 3, 2022 3:02am
Quoting Pat Chiko
{quote} GU add on PB.{image}
  • #690,952
  • Oct 3, 2022 3:03am Oct 3, 2022 3:03am
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Might have spillover effect.
  • #690,953
  • Oct 3, 2022 3:05am Oct 3, 2022 3:05am
A government who backtracks on policies when they feel, especially economic, week in week out, doesn't inspire confidence, it isn't positive news for the pound at all, more downside incoming. Regards.
  • #690,954
  • Oct 3, 2022 3:06am Oct 3, 2022 3:06am
Top secret global central bank strategy .........
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This cycle has to stop one day when things won't go as it was earlier and that last cycle is the one which we are about to witness shortly.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #690,955
  • Oct 3, 2022 3:08am Oct 3, 2022 3:08am
waiting for the signal
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yes yes yes
  • #690,956
  • Oct 3, 2022 3:08am Oct 3, 2022 3:08am
Quoting Pat Chiko
{quote} GU add on PB.{image}
Pat can you stay in line with this thread and post after the fact charts and profits, I can't cope with these live trades.....
  • #690,957
  • Oct 3, 2022 3:08am Oct 3, 2022 3:08am
Quoting PatienceFx
hoping uncle kuroda intervenes again - sold at 145 {image}
Of course no one knows when Kuroda San will act, but I feel ok with my Sell Limit triggered. I don't want to Buy UJ, but the sell is ok and I will keep it.
I am neither brave nor stupid...I am just a part time trader
  • #690,958
  • Oct 3, 2022 3:09am Oct 3, 2022 3:09am
Quoting BeeTogether
Looking for a othe big push down. The news is good and bad. Good that more tax will be collected albeit from a very small percentage. Bad as it shows the frailty of the government. Liz out by April I think
I see that Labour are racing ahead at 81 mph
  • #690,959
  • Oct 3, 2022 3:10am Oct 3, 2022 3:10am
Quoting DmShka
{quote} It's only Frankfurt
I still see no volumes from my side
Hmm.
Exhausted
  • #690,960
  • Oct 3, 2022 3:12am Oct 3, 2022 3:12am
Quoting Indiara
{quote} Of course no one knows when Kuroda San will act, but I feel ok with my Sell Limit triggered. I don't want to Buy UJ, but the sell is ok and I will keep it.
this is why i trade tiny lots - zero tension
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