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Cable Update (GBPUSD)

  • #696,681
  • Oct 14, 2022 2:10pm Oct 14, 2022 2:10pm
Does anybody have a free indicator for supply and demand in multiple time frames?
  • #696,682
  • Oct 14, 2022 2:12pm Oct 14, 2022 2:12pm
Quoting bilal1947
GU shorted at 1.11749 - 5 pip SL (3.6 to be precise) {image}

1:3 RR +12 pips - good night everyone
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"Exchange of hands"
  • #696,683
  • Oct 14, 2022 2:16pm Oct 14, 2022 2:16pm
Appropriate That Rates Reach Range of 4.5%-4.75% by Year’s End, With Any Further Hikes in 2023 Being “Data Dependent

I think we'll have 4.75% for this year. But it's not the strength of USD that is going to move this pair but the weakness of GBP..
  • #696,684
  • Oct 14, 2022 2:25pm Oct 14, 2022 2:25pm
I beleive there is important news for canadian exchange rate within 35 minutes. I am expecting market to trade against CAD.
I am disclosing my views so the MM can prevent from falling
POSTMASTER
  • #696,685
  • Oct 14, 2022 2:27pm Oct 14, 2022 2:27pm
after gaining 2850 $ in 1 week and a half , i lost almost everything
in 3 days , my total profit heads up to only 500 $
it's all because the ugliest abc in the history , i fell into a bulls trap
Attached Image (click to enlarge)
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on monday it is payback time
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yes yes yes
  • #696,686
  • Oct 14, 2022 2:29pm Oct 14, 2022 2:29pm
Quoting TheWolf
Appropriate That Rates Reach Range of 4.5%-4.75% by Year’s End, With Any Further Hikes in 2023 Being “Data Dependent I think we'll have 4.75% for this year. But it's not the strength of USD that is going to move this pair but the weakness of GBP..
I agree with both statements.
The USD is not strong! It has the subjugation of all other currencies as the reserve currency. IMHO this makes no sense especially as the US gov't serves up record debts that they have no hope to repay!
The pound is also not strong as it is led by probably the worst gov't in the last 30 years in very trying times.
So I agree US rates will rise and probably drive down the GBPUSD!
  • #696,687
  • Oct 14, 2022 2:38pm Oct 14, 2022 2:38pm
Price testing 1.1155.
Shorting to 1.1135 if it breaks through before end of NY.
Funded trader
  • #696,688
  • Oct 14, 2022 2:39pm Oct 14, 2022 2:39pm
Quoting bilal1947
Who wl|l be M.r November? {image}
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Insane in the Brain..
  • #696,689
  • Oct 14, 2022 2:40pm Oct 14, 2022 2:40pm
Quoting Moty
after gaining 2850 $ in 1 week and a half , i lost almost everything in 3 days , my total profit heads up to only 500 $ it's all because the ugliest abc in the history , i fell into a bulls trap{image} on monday it is payback time{image}
Moty,
your indi was showing short signals the whole day long...
  • #696,690
  • Oct 14, 2022 2:45pm Oct 14, 2022 2:45pm
Quoting BeeTogether
{quote} {image}
  • #696,691
  • Oct 14, 2022 2:53pm Oct 14, 2022 2:53pm
Attached Image (click to enlarge)
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let’s see
  • #696,692
  • Oct 14, 2022 3:06pm Oct 14, 2022 3:06pm
Quoting PatienceFx
{quote} I am looking at below parity in the coming days months The reason is very very easy Find out The hint is energy
What about the incompetent British gov't?
What about the job loss to the US (well that is about energy)?
The UK economy is highly dependent on bartering global trade. The problem these days is that global trade is suffering because of the war between Russia and Ukraine (USA)! If energy costs weren't enough, this is an even bigger boat anchor on the UK!
  • #696,693
  • Oct 14, 2022 3:15pm Oct 14, 2022 3:15pm
Quoting trumps
Woke up to the GU pop. Currently approaching next level of daily resistance at the March 2020 low of 1.1405 area {image} {image} {image} {image}
Looking at that analysis again, I think the GU bulls have capitulated earlier than expected.
Closing back below 1225 zone and will probably retest it on Monday
Attached Image (click to enlarge)
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Compulsions can be hard to resist
  • #696,694
  • Oct 14, 2022 3:27pm Oct 14, 2022 3:27pm
Quoting Moty
after gaining 2850 $ in 1 week and a half , i lost almost everything in 3 days , my total profit heads up to only 500 $ it's all because the ugliest abc in the history , i fell into a bulls trap{image} on monday it is payback time{image}
u did not fall for anything..market are reacting emotionally..prime minister sack the chancellor...this women is gonna make me blow my account
crazy times bro..
  • #696,695
  • Oct 14, 2022 3:38pm Oct 14, 2022 3:38pm
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  • #696,696
  • Oct 14, 2022 6:28pm Oct 14, 2022 6:28pm
Good night folks! Have a great weekend
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Insane in the Brain..
  • #696,697
  • Oct 14, 2022 6:30pm Oct 14, 2022 6:30pm
Quoting nAVIN2007
{quote} u did not fall for anything..market are reacting emotionally..prime minister sack the chancellor...this women is gonna make me blow my account crazy times bro..
Really? Keep her in, she is almost a certain holy grail.
Don't trade against her.
Remember, everyone is after fuckin the UK over.
Trade Well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #696,698
  • Oct 14, 2022 8:04pm Oct 14, 2022 8:04pm
Quoting Moty
after gaining 2850 $ in 1 week and a half , i lost almost everything in 3 days , my total profit heads up to only 500 $ it's all because the ugliest abc in the history , i fell into a bulls trap{image} on monday it is payback time{image}
You can make it back Moty. Do not worry.

This has happened to you previously too.

To me too many times.

The thing is what we learn from this... This is what is important.

When the bias gone wrong, switch the side without waiting.
Intraday only.
  • #696,699
  • Oct 14, 2022 9:21pm Oct 14, 2022 9:21pm
Quoting dantpm
{quote} What about the incompetent British gov't? What about the job loss to the US (well that is about energy)? The UK economy is highly dependent on bartering global trade. The problem these days is that global trade is suffering because of the war between Russia and Ukraine (USA)! If energy costs weren't enough, this is an even bigger boat anchor on the UK!
UK PM will change soon

The new PM Rishi Sunak will be elected within this month and UK economy will change completely.

Have Patience
  • #696,700
  • Oct 14, 2022 9:40pm Oct 14, 2022 9:40pm
Quoting PatienceFx
{quote} UK PM will change soon The new PM Rishi Sunak will be elected within this month and UK economy will change completely. Have Patience
what ???
Intraday only.
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