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Cable Update (GBPUSD)

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  • Post #694,881
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  • Oct 12, 2022 12:05am Oct 12, 2022 12:05am
  •  RaHaG0D
  • Joined Nov 2021 | Status: I'm colorful and happy | 564 Posts
Nice
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I pray to rain of GOLD from the sky for you and me
 
 
  • Post #694,882
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  • Oct 12, 2022 12:06am Oct 12, 2022 12:06am
  •  Stonar901
  • | Joined Jul 2012 | Status: Member | 520 Posts
Can't see any reason for 100 pips up
 
 
  • Post #694,883
  • Quote
  • Oct 12, 2022 12:08am Oct 12, 2022 12:08am
  •  RaHaG0D
  • Joined Nov 2021 | Status: I'm colorful and happy | 564 Posts
Quoting TimberTX
Disliked
quick move what's up
Ignored
https://www.forexfactory.com/news/11...-it-may-extend
I pray to rain of GOLD from the sky for you and me
 
 
  • Post #694,884
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  • Oct 12, 2022 12:09am Oct 12, 2022 12:09am
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 2,577 Posts
***BOE SIGNALLED PRIVATELY TO BANKERS IT MAY EXTEND BOND-BUYING***
 
2
  • Post #694,885
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  • Oct 12, 2022 12:09am Oct 12, 2022 12:09am
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,642 Posts | Online Now
Quoting RaHaG0D
Disliked
{quote} https://www.forexfactory.com/news/11...-it-may-extend
Ignored
The spike appears to have impacted every currency pair!
Stubborn, often slow but still learning!
 
1
  • Post #694,886
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  • Oct 12, 2022 12:10am Oct 12, 2022 12:10am
  •  raja69
  • | Joined Apr 2021 | Status: Junior Member | 4 Posts | Online Now
BoE Signalled Privately To Bankers It May Extend Bond-Buying - FT
 
 
  • Post #694,887
  • Quote
  • Oct 12, 2022 12:13am Oct 12, 2022 12:13am
  •  gytenas112
  • | Joined Dec 2010 | Status: Member | 64 Posts
what a game they are playing..
 
 
  • Post #694,888
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  • Oct 12, 2022 12:13am Oct 12, 2022 12:13am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,110 Posts | Online Now
Quoting Yngwie
Disliked
Long 1.0930 SL 1.0890
Ignored
Woohoo.. close few lots to pay some bills
naked trader ~ GBPUSD only!
 
2
  • Post #694,889
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  • Oct 12, 2022 12:14am Oct 12, 2022 12:14am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,601 Posts | Online Now
Quoting TheWolf
Disliked
***BOE SIGNALLED PRIVATELY TO BANKERS IT MAY EXTEND BOND-BUYING***
Ignored
bulls trap

A simple technical analysis says,
the pound is still negative and got a ceiling of the 50 sma on the daily chart,
since then it has only been going down,
it also says that the yen has broken the high of the massive daily candle of 560 pips
that was a few days ago, the pound today opened below
the daily pivot After a bearish ingulfing daily candle stemming from Bailey's speech
We are still before another interest rate hike in the US, so fundamentally the pound should also fall
The weekly s1 currently supports the price, but will probably break later today and we will reach the weekly s2
Yesterday's daily low was broken, and my strategy gave a short signal, I am short
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6
  • Post #694,890
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  • Oct 12, 2022 12:16am Oct 12, 2022 12:16am
  •  TimberTX
  • | Joined Aug 2022 | Status: Member | 88 Posts
Bull Trap I will agree it could go higher but, the trend is down
May the PIP's be with you.
 
2
  • Post #694,891
  • Quote
  • Oct 12, 2022 12:16am Oct 12, 2022 12:16am
  •  tenkanzen
  • | Membership Revoked | Joined May 2020 | 403 Posts
Quoting tenkanzen
Disliked
{quote} I'm looking for other yen pairs to rally as well. Cheers.
Ignored
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2
  • Post #694,892
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  • Oct 12, 2022 12:16am Oct 12, 2022 12:16am
  •  RaHaG0D
  • Joined Nov 2021 | Status: I'm colorful and happy | 564 Posts
Quoting dantpm
Disliked
{quote} The spike appears to have impacted every currency pair!
Ignored
It is obvious that they are trying in every way to keep the pound & euro from falling, in whatever way they can now. We have to see if they can really do it or if it is just talk
I pray to rain of GOLD from the sky for you and me
 
4
  • Post #694,893
  • Quote
  • Oct 12, 2022 12:22am Oct 12, 2022 12:22am
  •  Bella.al
  • Joined Oct 2022 | Status: Girl of Steel | 465 Posts
Short 1.10156
SL : 1.10701
T/P : 1.08843
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Goddess of Thunder..
 
4
  • Post #694,894
  • Quote
  • Oct 12, 2022 12:30am Oct 12, 2022 12:30am
  •  TimberTX
  • | Joined Aug 2022 | Status: Member | 88 Posts
Short term spike I agree this will not last for long. heading toward parity
May the PIP's be with you.
 
2
  • Post #694,895
  • Quote
  • Oct 12, 2022 12:45am Oct 12, 2022 12:45am
  •  phantom2479
  • | Joined Jun 2008 | Status: Junior Member | 1 Post
Quoting Moty
Disliked
{quote} bulls trap A simple technical analysis says, the pound is still negative and got a ceiling of the 50 sma on the daily chart, since then it has only been going down, it also says that the yen has broken the high of the massive daily candle of 560 pips that was a few days ago, the pound today opened below the daily pivot After a bearish ingulfing daily candle stemming from Bailey's speech We are still before another interest rate hike in the US, so fundamentally the pound should also fall The weekly s1 currently supports the price, but will...
Ignored
if you don't mind asking, what indicator are you using has the red and blue colors crossing?
can you share it?
 
 
  • Post #694,896
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  • Oct 12, 2022 12:51am Oct 12, 2022 12:51am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,335 Posts
Quoting Pat Chiko
Disliked
{quote} GU Let it get some liquidity from Tokyo. {image}
Ignored
GU

Nice set up for long and short with S&R.

The trade plan :
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The trade execution :
(didn't execute the short, as sleep is priority)
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Lets plan our trade today .
High Impact news with FOMC is offering good trade set up
I come from the future.
 
8
  • Post #694,897
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  • Oct 12, 2022 1:01am Oct 12, 2022 1:01am
  •  vulcann1
  • Joined Mar 2009 | Status: Member | 93 Posts
[quote=TimberTX;14175579]quick move what's uP
Spike back up to previous weekly low!!
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4
  • Post #694,898
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  • Oct 12, 2022 1:01am Oct 12, 2022 1:01am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,335 Posts
Quoting Pat Chiko
Disliked
{quote} GU Nice set up for long and short with S&R. The trade plan :{image} The trade execution : (didn't execute the short, as sleep is priority){image} Lets plan our trade today . High Impact news with FOMC is offering good trade set up
Ignored

GU

SHORT Menu is not ready yet.
I'm going LONG now for scalp trade 50 -60 pips
I come from the future.
 
2
  • Post #694,899
  • Quote
  • Oct 12, 2022 1:12am Oct 12, 2022 1:12am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,335 Posts
Quoting Pat Chiko
Disliked
{quote} GU SHORT Menu is not ready yet. I'm going LONG now for scalp trade 50 -60 pips
Ignored

GU -

LONG Scalping only.......
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I come from the future.
 
4
  • Post #694,900
  • Quote
  • Oct 12, 2022 1:12am Oct 12, 2022 1:12am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,470 Posts | Online Now
Quoting Whale
Disliked
Sell limit @ 1.1018 **not recommendation to buy the road to..**
Ignored
Out +30
and done for today.

i was suspicious about spikes, thanks for the news it was faster than light.
Insolvent
 
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