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Cable Update (GBPUSD)

  • #699,501
  • Oct 22, 2022 1:45am Oct 22, 2022 1:45am
its weekend and markets are closed we have no realtime trading to share and discuss,

let catchup with some news about the ongoing conflict in Ukraine

another person's view

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #699,502
  • Oct 22, 2022 1:47am Oct 22, 2022 1:47am
Quoting emmanuel7788
its weekend and markets are closed we have no realtime trading to share and discuss, let catchup with some news about the ongoing conflict in Ukraine another person's view https://youtu.be/ZpHmlnd83hw
I enjoy listening to this guy. I follow him on BitChute for quite some time now. He has some good info..
Also smoking cigarettes all the time hahahah

That sucks if this is true that so many will die soon.. so f bad..
  • #699,503
  • Oct 22, 2022 1:48am Oct 22, 2022 1:48am
Quoting TheWolf
{quote} With Fed "screwing up" today and the threat of another intervention by BoJ, 1.20 is more likely than 1.03 again. With how today action played out, I think M pattern is broken. The price will naturally continue in an uptrend with another leg to 1.17 (or 1.166 what Wiz thinks). Pound survived a lot of hits so far.. "short" term it might get to 1.20 yeah. In the long term, no currency out of this 8 will be stronger than USD. I think Advance GDP Q/Q is going to be important this next week and then ofc interest rates 2. and 3. of November. After...


we need to break 1.15 by next week failure of that may send Gu down to 1.07 in November before picking up to the major destination of 1.20
MY OPINION NOT FINANCIAL ADVISE
  • #699,504
  • Oct 22, 2022 1:49am Oct 22, 2022 1:49am
Quoting TheWolf
GBP/USD Price currently at 1.1305. Let's see that 1.17 (1.166) this week.. As for the Yen and BoJ. We will see if intervention will continue next week.. First intervention produced a fall in USD/JPY by 550 pips, exactly the same as did this second intervention. Speculation: as ECB and BOE are about to raise interest rates in the upcoming weeks I expect some bulls momentum now. The highs we reach this week and the next week could very well be THE HIGHS before USD picks up momentum again and sends everyone down. Advance GDP Q/Q by far the most important...
i got bearish sentiment. Might go 1.1460 area , but eventually it goanna fall back to current origin of up move
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  • #699,505
  • Oct 22, 2022 3:13am Oct 22, 2022 3:13am
Quoting kuroro001
{quote} If the break up is false, and it breaks down ? then 1000 pips downside .... {image}
Not quite 1000, but was pretty crazy to witness. New trend line created.
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  • #699,506
  • Oct 22, 2022 3:17am Oct 22, 2022 3:17am
Quoting Fardeen1209
{quote} Siuuuuuu Two of my Sell limit triggered at 151.90 and 151.92 Went to deep fried my self some chicken tenders now back after dinner and saw a well planned setup triggered {image}This feels better than the moments with her
Lol, first signs of addiction
  • #699,507
  • Oct 22, 2022 3:23am Oct 22, 2022 3:23am
Quoting Robinhood1
{quote} 1.2000 0n its way, i considered monday but probably tuesday,
1.1950 better and then down to 1.0400
POSTMASTER
  • #699,508
  • Oct 22, 2022 3:27am Oct 22, 2022 3:27am
Quoting Robinhood1
{quote} 1.1950 better and then down to 1.0400
My view

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POSTMASTER
  • #699,509
  • Oct 22, 2022 3:35am Oct 22, 2022 3:35am
Quoting Georginson
{quote} Below 1.1500 will be refreshing the low of 1.03 this year ... Only start buying when price breaks 1.1500 and makes 1.1000 as support. ✓Monday and Friday produced 232 and 239 pips. This means recent daily ranges have gradually started reducing to average of 170 pips ✓This week produced 379 pips compared to last two weeks ranges being 457 and 440 pips. This means weekly ranges too have started stabilizing with average of 400 pips... This week's gap was successfully filled and even slid south by 117 pips... The border remains...
Hi George, in my opinion, we already found support(blue dots) Maybe back down to 1.1050/60 mmm....

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POSTMASTER
  • #699,510
  • Oct 22, 2022 3:45am Oct 22, 2022 3:45am
Quoting Tronis
{quote} Yep, me too holding sell and don't know what to do, hold over weekend or cut the loss {image}
It’s a tough one. One I been in many times and especially when intervention has played it’s part. Overall the UK is not in a good place, the BoE will increase rates but is flirting with a heavy recession. A new PM this week if it’s not Rishi (remember his ethnicity and the Tory’s don’t mix) it might be Penny or BoJo both of which are another car crash

on the flip side the BoJ intervention should start to exhaust soon
Insane in the Brain..
  • #699,511
  • Oct 22, 2022 4:08am Oct 22, 2022 4:08am
in fact this entire area is good to buy for swings ,... buy whenever it visits here , but lets see in future if this breaks..at moment , i also agree this a nice support area indeed
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  • #699,512
  • Oct 22, 2022 4:15am Oct 22, 2022 4:15am
Quoting Robinhood1
{quote} Is it true you are ill? Are you from India? 2 questions I will advice you, You donīt have to give me anything
Your vaccine is in your body, no need to take rockerfellerīs poison.

Snakes
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Astra zenecadead Stars
Pharmakia: poison
Paracetamol (compendium of 3 latin words): acetum, ammonia and phenol (derived from petrol). And an endless examples.
Full of involuntary consents. Don't say you didn't know. We get rid of your slight pain and in most cases we germinate cancer (generic word) in the coming years, Very profitable busness. I make you sick and I give you the solution. And we are so happy and confident. Health workers are fine, just following guidelines in good faith, pharmaceuticals....
Well, as usual, loco Robinīs contraversial themes
.
POSTMASTER
  • #699,513
  • Oct 22, 2022 4:25am Oct 22, 2022 4:25am
Quoting emmanuel7788
{quote} do you think he has the solution to the current problems in the UK ? the root cause of all today's world problem is the war in Ukraine stop the war quickly and end all the ongoing sufferings and prevent world recession is key
Sure. BJ knew we need to stop, built too many enemies, which forced him out. UK still paying its price, early year GU price estimate for Q4 was 1.39, reality price 1.13.

The brutal teritorial fighting need to stop.

BJ has the highest rating, then Rishi and Penny. Not much to choose. Cameron should step back in, he would be able to restore economy.
If general election takes place then unknown even longer.
  • #699,514
  • Oct 22, 2022 4:31am Oct 22, 2022 4:31am
Quoting Bryan5229
{quote} Support did break, now waiting for retest to complete. Will be watching lower tf for any potential short setups. For this to work, daily price should close below support if not then might desert any sells I'm looking for. {image}
Daily closed back into the range, back to waiting game next week.
Plan your trades and trade your plan.
  • #699,515
  • Oct 22, 2022 4:53am Oct 22, 2022 4:53am
Quoting Robinhood1
{quote} Hi George, in my opinion, we already found support(blue dots) Maybe back down to 1.1050/60 mmm.... {image}
These are projections and best way to profit from this weird market is to most times wait on the sideline and see what the market is trying to do before trading...

I can imagine how many accounts would have been affected with that move yesterday (Friday)...

For long term success in this market, one will need the following...

✓ Patience to see what the market is trying to do;
✓ flexible directional bias;
✓ 50% predictive and 50% reactive;
✓ Do not underestimate the market, instead overestimate it;
✓ Avoid major news trading by waiting to trade 30 minutes to 1 hour after major news.
✓ Apply Best Money Management Practices;
✓ Cut your losses before it goes out of hands;
✓ Ensure to consolidate profit and not lose it again, as keeping profit is also crucial to sustainable growth.
✓ Tight stops is recipe for stop hunting, wide stops will have long term damage, find a balanced stop loss.
✓ Do not get too excited when you win and do not get too emotional when you lose.

Regards,
George.
Data + Stat + Risk/Emotions Management
  • #699,516
  • Oct 22, 2022 5:21am Oct 22, 2022 5:21am
Quoting emmanuel7788
its weekend and markets are closed we have no realtime trading to share and discuss, let catchup with some news about the ongoing conflict in Ukraine another person's view https://youtu.be/ZpHmlnd83hw

the first time ... when I heard that the Americans put several billion dollars in Ukraine ... through NGOs ... of course ... it was in this movie ...

Here... Wikipedia:


"El Pepe: A Supreme Life (Spanish: El Pepe, Una Vida Suprema) is a 2018 documentary film directed by the award-winning Serbian filmmaker Emir Kusturica and starring Uruguay's former president (and former guerrilla fighter) José Mujica. "

...

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #699,517
  • Oct 22, 2022 5:26am Oct 22, 2022 5:26am
Quoting PatienceFx
if anyone can cure my primary progressive multiple sclerosis, i will willingly give him whatever he wishes for.


If you really are... as you say...

Dr. Robert Morse (Florida USA) says he can help you cure YOURSELF of this type of disease... 100%

...

but he says so...

"all those who came to me ... to help them heal ... they were healed in proportion to 70% ...

because...

20% did not want to follow the diet only on fruits... and tinctures...

10% reached me in a very advanced state..."

....

he also says...

"there are no incurable diseases...

there are only incurable (SICK) people...."

his protocols last for 3 months...($1500/month)
tinctures, teas...only herbal treatment...no chemicals...

diet based only on vegetables...in large proportion...only fruits...fruit juice...

read the book too...for the first time...
Dr. Robert MOrse => The Detox Miracle Sourcebook: Raw Foods and Herbs for Complete Cellular Regeneration

God bless you PatienceFx and God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #699,518
  • Oct 22, 2022 5:28am Oct 22, 2022 5:28am
Opinions are changing daily.

After Lizz resignation
Boris was standing first candidate.

Latest - The current tally is:

  1. Rishi Sunak - 102 MPs
  2. Boris Johnson - 46 MPs
  3. Penny Mordaunt - 21 MPs

Rishi should stop splashing his cash around on advertising in american style, be more down to earth, and earn Tory's trust.

Boris left arrived to Gatwick.
Picture this view if you one of the economy class passenger on the plane -
"Johnson was seated in economy with heavy security, including members of the Metropolitan Police" .

Penny, I kind of like her, not sure if she is economically strong, too risky after what happened with Liz.

Her story not all nice and bloomy

https://twitter.com/PennyMordaunt/st...itics-63338261

  • #699,519
  • Oct 22, 2022 5:59am Oct 22, 2022 5:59am
Quoting Georginson
{quote} These are projections and best way to profit from this weird market is to most times wait on the sideline and see what the market is trying to do before trading... I can imagine how many accounts would have been affected with that move yesterday (Friday)... For long term success in this market, one will need the following... ✓ Patience to see what the market is trying to do; ✓ flexible directional bias; ✓ 50% predictive and 50% reactive; ✓ Do not underestimate the market, instead overestimate it; ✓ Avoid...
I my opinion, if you are not 100% right, that means entering at best levels, non of what you wrote will work, agony could stretch only. I yet have to see someone who makes money on a constant basis. How many did survive a month ago when GU dropped 1000 pips in no time? so if anyone had 3 months profits that would have been gone, you know or you donīt, allways, all the time.
POSTMASTER
  • #699,520
  • Oct 22, 2022 6:02am Oct 22, 2022 6:02am
Quoting Robinhood1
{quote} I my opinion, if you are not 100% right, that means entering at best levels, non of what you wrote will work, agony could stretch only. I yet have to see someone who makes money on a constant basis. How many did survive a month ago when GU dropped 1000 pips in no time? so if anyone had 3 months profits that would have been gone, you know or you donīt, allways, all the time.
Anyway, I just posted my projection, did not want to teach any member how to trade. I am not amongst those who get it right all the time
POSTMASTER
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