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Cable Update (GBPUSD)

  • #698,781
  • Oct 20, 2022 11:00am Oct 20, 2022 11:00am
Quoting TheWolf
{quote} USD is never going to fall without intervention against Yen. Retracement sure, but not fall.
It's in a "holding pattern" until we get the FED speak this afternoon.

People you can take this to the bank: The FED will keep raising rates until...

1. US Unemployement hits 8%

2. Oil is under $80/barrel.

Until then: DON'T FIGHT THE FED
...because you never know - until you do!
  • #698,782
  • Oct 20, 2022 11:00am Oct 20, 2022 11:00am
Quoting TheWolf
{quote} It'll come soon, don't worry. Didn't you hear Kuroda saying that he is watching over FX with a GREAT sense of urgency?
Wish i could believe any banker/politician, but i can't
COT: The precious data ignored
  • #698,783
  • Oct 20, 2022 11:01am Oct 20, 2022 11:01am
Quoting Robinhood1
{quote} No, its not but its on a downtrend and possibly for 200 pips at least.
On which time interval do you observe the downward trend?
  • #698,784
  • Oct 20, 2022 11:01am Oct 20, 2022 11:01am
Quoting TheWolf
{quote} It'll come soon, don't worry. Didn't you hear Kuroda saying that he is watching over FX with a GREAT sense of urgency?
Is Koruda real? So many zombies governing the planet New times, I am 59 next month and natural things have just vanished
POSTMASTER
  • #698,785
  • Oct 20, 2022 11:03am Oct 20, 2022 11:03am
Quoting Robinhood1
{quote} Is Koruda real? So many zombies governing the planet New times, I am 59 next month and natural things have just vanished
At one time i was thinking to live till 130 but i have changed my mind
POSTMASTER
  • #698,786
  • Oct 20, 2022 11:03am Oct 20, 2022 11:03am
Quoting TheWolf
{quote} It'll come soon, don't worry. Didn't you hear Kuroda saying that he is watching over FX with a GREAT sense of urgency?
Attached Image (click to enlarge)
Click to Enlarge Name: koda.jpg Size: 95 KB
They just caught Kuroda monitoring the FX markets!
...because you never know - until you do!
  • #698,787
  • Oct 20, 2022 11:03am Oct 20, 2022 11:03am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-10-20 at 21-33-04 Economy News - BBC News.png Size: 100 KB
  • #698,788
  • Oct 20, 2022 11:04am Oct 20, 2022 11:04am
Quoting wodzu
{quote} On which time interval do you observe the downward trend?
It started on 1min tf. That spike, retracement and breaking the low. Visual Pattern Recognition.
POSTMASTER
  • #698,789
  • Oct 20, 2022 11:05am Oct 20, 2022 11:05am
Quoting Robinhood1
{quote} At one time i was thinking to live till 130 but i have changed my mind
You can....in the metaverse
COT: The precious data ignored
  • #698,790
  • Oct 20, 2022 11:05am Oct 20, 2022 11:05am
Quoting Robinhood1
{quote} It started on 1min tf. That spike, retracement and breaking the low. Visual Pattern Recognition.
If the retracement had not been 50%+ not valid. Still learning
POSTMASTER
  • #698,791
  • Oct 20, 2022 11:06am Oct 20, 2022 11:06am
Quoting Moty
break it down {image}
It's hammer Time!
Attached Image (click to enlarge)
Click to Enlarge Name: hammertime.jpg Size: 7 KB
...because you never know - until you do!
  • #698,792
  • Oct 20, 2022 11:06am Oct 20, 2022 11:06am
Quoting Robinhood1
{quote} If the retracement had not been 50%+ not valid. Still learning
Retracement within the spike
POSTMASTER
  • #698,793
  • Oct 20, 2022 11:07am Oct 20, 2022 11:07am
Another delay.. goddddddd
  • #698,794
  • Oct 20, 2022 11:07am Oct 20, 2022 11:07am
There goes my dream of 1.15..
  • #698,795
  • Oct 20, 2022 11:08am Oct 20, 2022 11:08am
Opened abov 1.10 tested and bounce

for me it’s 1.20 next major Quarter point
Attached Image (click to enlarge)
Click to Enlarge Name: 81CD289E-5879-4E39-BAA4-3914A83DC56F.jpeg Size: 306 KB
MY OPINION NOT FINANCIAL ADVISE
  • #698,796
  • Oct 20, 2022 11:09am Oct 20, 2022 11:09am
Quoting kuroro001
{quote} Wish i could believe any banker/politician, but i can't
On a serious note, BoJ did intervene on 145 which means even this price was already too much and now it's 150..
Put short orders 100-150 pips below current price and just drag up as the price goes up. This is what I'm doing.
It will come, it has come. Intervention above 155 doesn't make any sense. 145 was too much and if they let the price to get to 155 and then intervene, then what?
They'll crash the price to 145, 140 at best. The same price they intervened the last time!?

I think and hope it's coming really soon. Last time they were waiting for Fed and only day after have they intervened. Thing is, I don't know what they are waiting for now.. Advance GDP? 2.11 Fed Funds Rate day? or are they waiting for US elections? I really don't know.

As for the price intervention should have happened already, but..
  • #698,797
  • Oct 20, 2022 11:09am Oct 20, 2022 11:09am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #698,798
  • Oct 20, 2022 11:09am Oct 20, 2022 11:09am
Quoting kuroro001
{quote} You can....in the metaverse
130 and more dead easy, just have to know what to take and what not to. And i donīt mean vegan although it helps
POSTMASTER
  • #698,799
  • Oct 20, 2022 11:10am Oct 20, 2022 11:10am
Quoting Robinhood1
{quote} 130 and more dead easy, just have to know what to take and what not to. And i donīt mean vegan although it helps
And in very good health
POSTMASTER
  • #698,800
  • Oct 20, 2022 11:10am Oct 20, 2022 11:10am
Quoting donfriday
Opened abov 1.10 tested and bounce for me it’s 1.20 next major Quarter point {image}
God bless you if that happens. Well, God bless you anyway, but a little bit more if that actually happens. ž
Man, H4 will actually close in sell zone if it remains like this..

If it does, I'm not waiting any 1.15, 1.17 or 1.20. I'm selling this..
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