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Cable Update (GBPUSD)

  • #697,141
  • Oct 17, 2022 5:19am Oct 17, 2022 5:19am
Price broke 1.13. Let's see if price is in a state of retesting before heading for 1.135 or is it going to drop few levels now..
  • #697,142
  • Oct 17, 2022 5:20am Oct 17, 2022 5:20am
Quoting Pat Chiko
{quote} GU IN again, will be out shortly Fast Scalp until market belled or finger sprain. {image}
GU

Partial TP on IN/OUT position after J.Hunt statement.
Pushing to positive stop on balance open position.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 167.jpg Size: 229 KB

Looking to add again on pullback
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #697,143
  • Oct 17, 2022 5:20am Oct 17, 2022 5:20am
The UK was always the least country I would visit, cause there's nothing new there, as I'm not interested in Infrastructure constructed in the 1800s.
Attached Image (click to enlarge)
Click to Enlarge Name: UK tax.png Size: 6 KB
Now if I had to choose between, North Korea and UK, I'd choose North Korea Twice
More time in the market, does not mean you trade better!
  • #697,144
  • Oct 17, 2022 5:22am Oct 17, 2022 5:22am
The gap is calling you mf
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-10-17-13-21-57-600_net.metaquotes.metatrader4.jpg Size: 608 KB
yes yes yes
  • #697,145
  • Oct 17, 2022 5:25am Oct 17, 2022 5:25am
Taken short at 11292 look to TP around 11250
Insane in the Brain..
  • #697,146
  • Oct 17, 2022 5:28am Oct 17, 2022 5:28am
Quoting Pat Chiko
{quote} GU Partial TP on IN/OUT position after J.Hunt statement. Pushing to positive stop on balance open position. {image} Looking to add again on pullback
GU

Balance open position.
Move to Positive Stop.
I "hope" NY will gimme one more spike to BSZ.

Breaktime.. After break, will ADD LONG position on pullbakc.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 168.jpg Size: 223 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #697,147
  • Oct 17, 2022 5:30am Oct 17, 2022 5:30am
Nice call to short pros! Price is definitely not testing anymore.. I don't know what to expect from this on.. I guess TP at 1.1245 isn't bad. Partial as Pat Chiko usually says. Full TP at where Moty and Georginson said.

1.1245 is some Support I guess.
  • #697,148
  • Oct 17, 2022 5:30am Oct 17, 2022 5:30am
Quoting Pat Chiko
{quote} GU Balance open position. Move to Positive Stop. I "hope" NY will gimme one more spike to BSZ. Breaktime. {image}
yup agree time to chill for a bit. The mini budget wasn’t a major hit it seems adding pressure on the public.. that’s the Tory party we have known for years help the rich and fuck the poor …
Insane in the Brain..
  • #697,149
  • Oct 17, 2022 5:30am Oct 17, 2022 5:30am
Announce tax cuts: GBP falls
Announce reversal of tax cuts: GBP falls
  • #697,150
  • Oct 17, 2022 5:30am Oct 17, 2022 5:30am
https://www.forexfactory.com/news/11...-be-proceeding

Nice attempt to mute the market sentiment at the moment. But growth really is a problem for the near future. Let's see where the pair stands after couple of weeks.
WARNING: This post warps space and time in its vicinity.
  • #697,151
  • Oct 17, 2022 5:35am Oct 17, 2022 5:35am
Quoting MrFanciful
Announce tax cuts: GBP falls Announce reversal of tax cuts: GBP falls
it was going down anyway, the news just makes for some extra movements, they can't reverse the trend
  • #697,152
  • Oct 17, 2022 5:35am Oct 17, 2022 5:35am
Quoting WizardTrade
https://www.forexfactory.com/news/11...-be-proceeding Nice attempt to mute the market sentiment at the moment. But growth really is a problem for the near future. Let's see where the pair stands after couple of weeks.
One reason for a lack of growth is the poor productivity levels. Us in the UK are now taxed at our highest levels for over 70 years. There is little motivation to work harder if the government just comes along and confiscates it.
  • #697,153
  • Oct 17, 2022 5:35am Oct 17, 2022 5:35am
As far as I see, the trend seems to favour going up, at least to 1.14000 which will be nice for my Buy. If price drops from here to go for the gap, I will sell also, just until the gap is closed, and then add another Buy if the action suggests that this is the right move. Sorry if it sounds crazy, I know what I mean!
I am neither brave nor stupid...I am just a part time trader
  • #697,154
  • Oct 17, 2022 5:37am Oct 17, 2022 5:37am
Quoting Polimini
{quote} it was going down anyway, the news just makes for some extra movements, they can't reverse the trend
Don't know what chart you were looking at, but it was going up until his speech.
  • #697,155
  • Oct 17, 2022 5:38am Oct 17, 2022 5:38am
One big question, will price go to fill the gap at 1.11780 first or go to BSL at 1.13900 first? Seem both buyer and sellers are fighting to win this battle for now.
With courage, patience, and discipline, success is a matter of time.
  • #697,156
  • Oct 17, 2022 5:39am Oct 17, 2022 5:39am
Price went 30 pips above R at 1.13. 30 pips is actually the usual retracement on GBP/USD lately..

Just an observation..
  • #697,157
  • Oct 17, 2022 5:40am Oct 17, 2022 5:40am
Quoting MrFanciful
{quote} Don't know what chart you were looking at, but it was going up until his speech.
retracements, the trend is down and shows no sign of reversing. If you bet anything apart from daytrading/scalping you're always risking to be parted with your money
  • #697,158
  • Oct 17, 2022 5:41am Oct 17, 2022 5:41am
Quoting BeeTogether
{quote} yup agree time to chill for a bit. The mini budget wasn’t a major hit it seems adding pressure on the public.. that’s the Tory party we have known for years help the rich and fuck the poor …
There’s been a coup - Jeremy Hunt is now running the country.
MPs didn’t want him.
Tory members didn’t want him.
The public certainly didn’t want him.
Oh... but the establishment did.

Give a boost to GBP until CPI on Wed. That where inlation number get J.Hunt to crack..........

Bye Liz, good news for GBP...
Attached Image (click to enlarge)
Click to Enlarge Name: quick.jpg Size: 73 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #697,159
  • Oct 17, 2022 5:41am Oct 17, 2022 5:41am
It is so late to make this money today, as the price spiked on news without me in asia

However, slowly making to target today.

Let us see
Attached Image (click to enlarge)
Click to Enlarge Name: book.png Size: 33 KB
Intraday only.
  • #697,160
  • Oct 17, 2022 5:43am Oct 17, 2022 5:43am
GU long signal. Probably closing gap first.
POSTMASTER
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