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Cable Update (GBPUSD)

  • #696,521
  • Oct 14, 2022 8:48am Oct 14, 2022 8:48am
UK Chancellor of Exchequer sacked

Jeremy Hunt has been given the job

Truss could be next for the firing squad
  • #696,522
  • Oct 14, 2022 8:48am Oct 14, 2022 8:48am
Data out in 10
average dude treading water
  • #696,523
  • Oct 14, 2022 8:49am Oct 14, 2022 8:49am
Quoting Moty
{quote} First trade won today at the bears side After losing a lot of money at the bulls side I so stubborn It was stopped out , but you can't be stopped out without a stop Now long again to the band {image}
remember this post https://www.forexfactory.com/thread/...6#post14180456

  • #696,524
  • Oct 14, 2022 8:50am Oct 14, 2022 8:50am
Quoting MIKKI
Data out in 10
Its a boy !!!
  • #696,525
  • Edited 9:02am Oct 14, 2022 8:51am | Edited 9:02am
Quoting BeeTogether
Dropping after crossing the pivot area … maybe it’s all to do with Liz removing her muzzle or there is nothing new to add from budget u-turn
See that chart I posted before. It rose as I mentioned and dumped. Now it will head for 1.1120 minimum. Today is Friday and I don't see the direction changing.

By the way Glasgow is beautiful but expensive. I love it already anyway.
  • #696,526
  • Oct 14, 2022 8:51am Oct 14, 2022 8:51am
Attached Image (click to enlarge)
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  • #696,527
  • Oct 14, 2022 8:52am Oct 14, 2022 8:52am
Quoting PatienceFx
{quote} Its a boy !!!
I thought only girls gone wild.. how it’s a boy???
  • #696,528
  • Oct 14, 2022 8:54am Oct 14, 2022 8:54am
Quoting Whale
{quote} But I’m long help meeee
Whale, on 15M TF GU makes LH-LL with 80-100 pips swings...but you are a big fish so your objective might be different.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 10.14 b15M.png Size: 48 KB
Always trade your own plan...I don't provide trading signals.
  • #696,529
  • Oct 14, 2022 8:56am Oct 14, 2022 8:56am
Bears are retesting 1.1180
Holding my longs
Freaky friday movements to trapin' sellers
  • #696,530
  • Oct 14, 2022 8:58am Oct 14, 2022 8:58am
choppy as usual.

bulls will not give up so easily even though overall favour bears now.
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  • #696,531
  • Oct 14, 2022 8:58am Oct 14, 2022 8:58am
Quoting elbert3
all off and short for now . 1 min doji
as above that was a loverly post
  • #696,532
  • Oct 14, 2022 8:59am Oct 14, 2022 8:59am
Quoting Coreg2004
{quote} Whale, on 15M TF GU makes LH-LL with 80-100 pips swings...but you are a big fish so your objective might be different. {image}
Its seems im in a little problem with my longs loading,
1.115 and im done.
my sl there and it will be ruff lose because of the loading, but i need to let the market do what it knows.
  • #696,533
  • Oct 14, 2022 9:00am Oct 14, 2022 9:00am
Quoting thevisitor
Bears are retesting 1.1180 Holding my longs Freaky friday movements to trapin' sellers
This isn't trapping sellers. It will dump and dump hard. Be prepared for at least minus up till 1.1120 and even 1.1100. And I say this respectfully. Bulls won't get it up till those figures.
  • #696,534
  • Oct 14, 2022 9:01am Oct 14, 2022 9:01am
Quoting Georginson
I have gone short from 1.1280, my stop is tight at 1.1312... target 1.1125... I know this stop can easily get taken out but it is tight enough.
Manually exited at 1.1162... +118 pips good stuff.
Data + Stat + Risk/Emotions Management
  • #696,535
  • Oct 14, 2022 9:02am Oct 14, 2022 9:02am
Quoting Whale
{quote} Its seems im in a little problem with my longs loading, 1.115 and im done. my sl there and it will be ruff lose because of the loading, but i need to let the market do what it knows.
Did you go short? I hope you did catch some to return some losses. ?

USD/JPY 148 destroyed..
  • #696,536
  • Oct 14, 2022 9:03am Oct 14, 2022 9:03am
Since Asia open...only short.

It is true that yesterday was bullish candle. Longs will get fooled easily in this pair.

GU when goes up... sell.
Intraday only.
  • #696,537
  • Oct 14, 2022 9:04am Oct 14, 2022 9:04am
Quoting Georginson
{quote} Manually exited at 1.1162... +118 pips good stuff.
Reloading after this crappy retracement no?
All shorts I had are TP-ed on Yen.

Now, I wait again to load the last bullets for today.
  • #696,538
  • Oct 14, 2022 9:05am Oct 14, 2022 9:05am
I see not much of effect form both news, isit because it's Friday? :o
Exhausted
  • #696,539
  • Oct 14, 2022 9:05am Oct 14, 2022 9:05am
Quoting TheWolf
{quote} Did you go short? I hope you did catch some to return some losses. ? USD/JPY 148 destroyed..
Nope.
im not shorting at all.
100% long average long is 1.1236 atm.
  • #696,540
  • Oct 14, 2022 9:06am Oct 14, 2022 9:06am
Quoting Mitiblotch
{quote} This isn't trapping sellers. It will dump and dump hard. Be prepared for at least minus up till 1.1120 and even 1.1100. And I say this respectfully. Bulls won't get it up till those figures.
My target is 1.12960 with entry of 1.11684.

That should be enough for everyone else to sell
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