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Cable Update (GBPUSD)

  • #698,841
  • Oct 20, 2022 12:25pm Oct 20, 2022 12:25pm
Quoting Pat Chiko
She's laughing to the bank after screwing up UK economy... Anyone thinking of running for Prime Minister on next election ?. 45 days working, compensate for 10,000 Pound/Month for the rest of your life.{image}
Fucked up world

Same in France. We pay for life for incompetent people

Wish a big revolution
COT: The precious data ignored
  • #698,842
  • Oct 20, 2022 12:26pm Oct 20, 2022 12:26pm
Back into Channel. Seems tomorrow we can see 1.06. Since tomorrow is Friday, nothing's impossible.
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With courage, patience, and discipline, success is a matter of time.
  • #698,843
  • Oct 20, 2022 12:34pm Oct 20, 2022 12:34pm
Some important things affecting Pound in the UK over the coming weeks

 

  1. New PM shortly
  2. PMIs next week for UK and Europe
  3. Oct, 31- BoE could be resuming QT and UK fiscal statement (OBR)
  4. Nov. 3 quarterly monetary policy and cash rate meeting
  5. Nov, 10- Long end gilt sales and temp LDI measures coming to an end

Look ahead, Macro=Direction, Levels & Structure = Entry
  • #698,844
  • Oct 20, 2022 12:34pm Oct 20, 2022 12:34pm
Quoting thevisitor
I am buying above 1.1250
Long 1.1251
Sl hit -21
Edit -20
  • #698,845
  • Oct 20, 2022 12:34pm Oct 20, 2022 12:34pm
If you weren't convinced that the USD is the main driver in most pairs look at the movement in the US $! DXY from 112.00 until 113.00
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...because you never know - until you do!
  • #698,846
  • Oct 20, 2022 12:37pm Oct 20, 2022 12:37pm
Quoting Wavegarrick
{quote} Trade progress update, I manually closed the above quoted link from my daily support 1 for 17 pips loss. {quote} 2 buy trades closed to cover the loss. One trade locked in breakeven and some. A new low should go into Gap territory for a possible Gap close. My weekly pivot at 1.11599 a possible target. {image}4Hr chart a very strong support zone (yellow high light) The Gap between my 2 moving averages narrowing. {image}Trade Safe
Hi Guys,
The wheel of fortune unfortunately is starting to change for Bulls, a daily break and hold above 1.1300 should be more positive for Bulls but it's not happening, I am in with my first sell trade with a 75 pip s/loss with subtle bearish hints. I closed some buy positions this morning. It is what it is.
Trade safe.
Cheers.
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Trade to trade another day
  • #698,847
  • Oct 20, 2022 12:37pm Oct 20, 2022 12:37pm
Quoting kuroro001
{quote} Fucked up world Same in France. We pay for life for incompetent people Wish a big revolution
At least she is better than Joe Biden.

UK's economy is about to collapse, Liz Truss Resign

US's economy to about to collapse, Joe Biden is still president, eating ice cream and talk nonsense.
With courage, patience, and discipline, success is a matter of time.
  • #698,848
  • Oct 20, 2022 12:40pm Oct 20, 2022 12:40pm
Quoting Jolita
UK politics going bonkers. Days are counted for Ms Truss. According to BOE estimate inflation will rise to 13% by the end of this year. General election possible.
Wow, my supernatural powers once again made magic, just talked about last night.
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Resignation is good news for GU and Hunt is liked by the markets. 117 is possible.
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  • #698,849
  • Oct 20, 2022 12:40pm Oct 20, 2022 12:40pm
Quoting JameRomeo168
{quote} At least she is better than Joe Biden. UK's economy is about to collapse, Liz Truss Resign US's economy to about to collapse, Joe Biden is still president, eating ice cream and talk nonsense.

lol yes, i don't know if it was funny or pathetic seeing that, can't believe he won the US election. Americans are that dumb ?
Dude is a clown, he should be in a show.
COT: The precious data ignored
  • #698,850
  • Oct 20, 2022 12:41pm Oct 20, 2022 12:41pm
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yes yes yes
  • #698,851
  • Oct 20, 2022 12:45pm Oct 20, 2022 12:45pm
Quoting Moty
{image}
Curious question

How many trading systems you use?
COT: The precious data ignored
  • #698,852
  • Oct 20, 2022 12:45pm Oct 20, 2022 12:45pm
Quoting DrDave
{quote} 4. To make sure to wear trading T Shirt every time I trade. I have a new pretty T Shirt and if I don't wear it, I lose!! <--------THIS IS #1!!!
T-shirt? Birthsuit is best.
  • #698,853
  • Oct 20, 2022 12:48pm Oct 20, 2022 12:48pm
Quoting Jolita
{quote} Wow, my supernatural powers once again made magic, just talked about last night. {image} Resignation is good news for GU and Hunt is liked by the markets. 117 is possible. {image}
See if we can fly it up.
  • #698,854
  • Oct 20, 2022 12:51pm Oct 20, 2022 12:51pm
Quoting kuroro001
{quote} lol yes, i don't know if it was funny or pathetic seeing that, can't believe he won the US election. Americans are that dumb ? Dude is a clown, he should be in a show.
Do you know in the past, the west used to be lead by Alexander The Great, Julius Caesar, Napoleon Bonaparte?

Now the west is lead by the group of clown like Liz Truss, Joe Biden and Macron. Sooner you will see Western People will go backward to 50,000 BC by hunting in Jungle for living because both Agricultural and Industrial sector are destroyed by those clowns.
With courage, patience, and discipline, success is a matter of time.
  • #698,855
  • Oct 20, 2022 1:00pm Oct 20, 2022 1:00pm
Quoting kuroro001
{quote} Curious question How many trading systems you use?
2 at once at the same time
but i can change it at any minute :-)
yes yes yes
  • #698,856
  • Oct 20, 2022 1:05pm Oct 20, 2022 1:05pm
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yes yes yes
  • #698,857
  • Oct 20, 2022 1:06pm Oct 20, 2022 1:06pm
Short Follow Up
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  • #698,858
  • Oct 20, 2022 1:19pm Oct 20, 2022 1:19pm
Quoting kuroro001
{quote} They did a fake break up....then now Test of lower side ? {image}
Test lower done

Watch out here short, especially if US equity on big support decide to go higher ahead of the close
COT: The precious data ignored
  • #698,859
  • Oct 20, 2022 1:21pm Oct 20, 2022 1:21pm
all out !!!
after all it was a good day , i improve my trading strategy and end up
with profit after a loss in the morning
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yes yes yes
  • #698,860
  • Oct 20, 2022 1:31pm Oct 20, 2022 1:31pm
The bears have found their way back... 1.1080 is now on the picture again for tomorrow, I will sell at every 40 - 70 pips rise...
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