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Cable Update (GBPUSD)

  • #699,441
  • Oct 21, 2022 10:09am Oct 21, 2022 10:09am
Quoting TheWolf
{quote} They were buying Yen and selling Dollar.
Oh, very simple!

But it's impactful to go bullish or bears can bring down soon? From what I'm learning it'll go down soon enough! Any tips?
  • #699,442
  • Oct 21, 2022 10:10am Oct 21, 2022 10:10am
Intervention is not over! I expect next push to 142-43 next week. (My opinion..).
  • #699,443
  • Oct 21, 2022 10:12am Oct 21, 2022 10:12am
Quoting buffedmage
{quote} when they sell dollar and buy the yen , the yen gets strong and dollar get weak at that time ,hence in USDJPY chart ,as yen gets stronger and dollar weak , it pushes the prices down ..if jpy strong = usdjpy down usd strong = goes up ...in the gbpusd = since USd is base currency its raises up

Appreciate! I'll train my patience to Learn market movement.
  • #699,444
  • Oct 21, 2022 10:15am Oct 21, 2022 10:15am
Quoting Dawnsek
{quote} Appreciate! I'll train my patience to Learn market movement.
correction : its counter currency not base ...that was a wrongly type by me
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  • #699,445
  • Oct 21, 2022 10:17am Oct 21, 2022 10:17am
Quoting Moty
{quote} {image}{image}
Jajaja

drop it, you will be back next week, again.
  • #699,446
  • Oct 21, 2022 10:20am Oct 21, 2022 10:20am
Quoting Mitiblotch
In case, you didn't sell earlier, do not be deceived by this bounce. Like I always say, they will still sell it down till the end of day. Short it here and be at peace. Please put a SL just in case. I went short here again at 1164. TP around the low at 1050. I love Fridays and Mondays.
My short SL was roasted at 1260. Lost $19 on that one! Arggghhhh.... thanks to BoJ.
  • #699,447
  • Oct 21, 2022 10:24am Oct 21, 2022 10:24am
Quoting Moty
{image}
GU

Copy Moty's signal
Try luck..
Short scalp.
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #699,448
  • Oct 21, 2022 10:25am Oct 21, 2022 10:25am
.
  • #699,449
  • Oct 21, 2022 10:33am Oct 21, 2022 10:33am
Quoting Dawnsek
HI! Can someone, please, explain why BoJ news affect that much GU?
Attached File(s)
File Type: mp4 VID-20221021-WA0003.mp4   1.9 MB | 134 downloads
  • #699,450
  • Oct 21, 2022 10:34am Oct 21, 2022 10:34am
i just remembered i had this open trade, it was unplanned
Attached Image (click to enlarge)
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  • #699,451
  • Oct 21, 2022 10:37am Oct 21, 2022 10:37am
Quoting PatienceFx
i just remembered i had this open trade, it was unplanned {image}
booked +88
  • #699,452
  • Oct 21, 2022 10:43am Oct 21, 2022 10:43am
Dear fellow traders, in next 5-10 years you all will earn at least 100K per month. But those 100K per months come from pain, tear and lession learned during those 5-10 years.

Forex Market is not the place for you to make money.

Forex Market is the place that build you to be best person that your life had ever seen. And Forex Market will provide an appropriate reward to you based on how much you have built yourself.

Happy Trading to you all

Happy Weekend

Peace and Love
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With courage, patience, and discipline, success is a matter of time.
  • #699,453
  • Oct 21, 2022 10:45am Oct 21, 2022 10:45am
Quoting JameRomeo168
Dear fellow traders, in next 5-10 years you all will earn at least 100K per month. But those 100K per months come from pain, tear and lession learned during those 5-10 years. Forex Market is not the place for you to make money. Forex Market is the place that build you to be best person that your life had ever seen. And Forex Market will provide an appropriate reward to you based on how much you have built yourself. Happy Trading to you all Happy Weekend Peace and Love {image}
Cheers, Happy weekend
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  • #699,454
  • Edited 11:33am Oct 21, 2022 10:58am | Edited 11:33am
Quoting Dawnsek
HI! Can someone, please, explain why BoJ news affect that much GU?
In FX market all pairs (with the exception of cross pairs) are pegged against USD, gbp/USD and USD/jpy and inversely related, a fall in one pair is a gain for other as USD is on the opposite side.
  • #699,455
  • Oct 21, 2022 11:00am Oct 21, 2022 11:00am
Quoting buffedmage
{quote} correction : its counter currency not base ...that was a wrongly type by me
Np, thanks!
  • #699,456
  • Edited 12:38pm Oct 21, 2022 11:08am | Edited 12:38pm
Sorry about your loss.
Do you think they might still sell it down to the end of the day - but now from a higher price and new target?
I've been watching for a signal after your previous post.

[Edit] I hope that didn't come off as rude. I was curious to see if the price might fall before end of NY session.
Have a nice weekend!

Quoting Mitiblotch
{quote} My short SL was roasted at 1260. Lost $19 on that one! Arggghhhh.... thanks to BoJ.
Funded trader
  • #699,457
  • Oct 21, 2022 11:16am Oct 21, 2022 11:16am
Quoting Wavegarrick
{quote} I like your thought process DF, There will be obstacles in our way though. I think well, there may be a symmetrical triangle in progress which only is becoming apparent now. It is a consolidation but only in a bigger sphere. Could we see a return to 1.110000 ish. Whichever way, if my descending trend line is broken we should see a serious upswing. 1.13000 is important. I would like to see a weekly close above 1.13000. But will it come without stutters? My quarterly target definitely is 1.15000 and above for a X-mas run,...

Halo Sir.... how to show up this Rectangle?
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  • #699,458
  • Edited 11:35am Oct 21, 2022 11:19am | Edited 11:35am
Should I be more greedy!?
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  • #699,459
  • Oct 21, 2022 11:26am Oct 21, 2022 11:26am
Quoting Georginson
{quote} Manually exited at 1.1227...+63 pips... Great day continues...
Top notch trading George.Keep it up.
Have a great weekend,
Leon
Trade to trade another day
  • #699,460
  • Oct 21, 2022 11:32am Oct 21, 2022 11:32am
Quoting paketbeyond
{quote} Halo Sir.... how to show up this Rectangle? {image}
That pic looks like a devious old man with glasses
Hi Paket.
Click insert
Click shapes
Click rectangle
Place it on the area you want it to be and left click and drag it to your desired setting
Cheers
Trade to trade another day
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