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Cable Update (GBPUSD)

  • #699,641
  • Oct 23, 2022 9:54am Oct 23, 2022 9:54am
Quoting fleps
Hmummy... All analysis here points to the fact the GU will continue to rise. Funny thing is, I sold this pair at 1.12830 and now that we have the weekend price that is over 1.13380 I may be forced to head out with my loss so far. But a quick question, does this pair have the capacity to go below 1.12800 before heading for the moon?
Where’s the weekend pride you are looking at
  • #699,642
  • Oct 23, 2022 9:59am Oct 23, 2022 9:59am
Quoting shakmoney
{quote} Where’s the weekend pride you are looking at
https://www.ig.com/en/weekend-trading
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Please join me in my journey for 100 perfect trades. See my journal!
  • #699,643
  • Oct 23, 2022 10:01am Oct 23, 2022 10:01am
Will chance a sell into supply zone (red one), and buyback into demand zone (green one)

Let's see what monday does on supply first, if it wants to break it upwards to reject it
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COT: The precious data ignored
  • #699,644
  • Oct 23, 2022 10:03am Oct 23, 2022 10:03am
thank you everyone for your kind messages, it means a lot.
do not follow me 99.9999999% of times, rest you can lol
  • #699,645
  • Oct 23, 2022 10:07am Oct 23, 2022 10:07am
Quoting Moty
looks easy to trade , no ? i will try it on Monday{image} {image}
try changing length 1440

source hl2 on Vstop

ATR 1
POSTMASTER
  • #699,646
  • Oct 23, 2022 10:12am Oct 23, 2022 10:12am
from month open, cable has moved in a very tight range.

BOE has shown signs that it will not allow cable to weaken much, so the only thing that can briong cable out of this mess is a stable government and a control over runaway inflation
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do not follow me 99.9999999% of times, rest you can lol
  • #699,647
  • Oct 23, 2022 10:17am Oct 23, 2022 10:17am
coming to usdjpy its a wait n watch story now
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do not follow me 99.9999999% of times, rest you can lol
  • #699,648
  • Oct 23, 2022 10:52am Oct 23, 2022 10:52am
It will be a difficult week to trade Pound this week, there is the political battle going on between Sunak and Boris (expect Pound to rally a little bit if Sunak wins) and than there is last week’s BOJ intervention and the price movement in Yen will affect GBP too. Overall the downside in GBP continues and it won’t change the long term bearish sentiment that has prevailed for so long in British Pound with just a change of leadership. I will continue to sell rallies with caution because I know it will be a choppy week. I am expecting GBP to close at same price on coming Friday to where it will begin trading on Monday. All the best everyone!!
  • #699,649
  • Oct 23, 2022 11:12am Oct 23, 2022 11:12am
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POSTMASTER
  • #699,650
  • Oct 23, 2022 11:13am Oct 23, 2022 11:13am
Came across this picture..hahahah it's so me, it's funny.
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  • #699,651
  • Oct 23, 2022 11:23am Oct 23, 2022 11:23am
Quoting Robinhood1
{quote} try changing length 1440 source hl2 on Vstop ATR 1
didn't like it
it looks more messy
thanks any way
yes yes yes
  • #699,652
  • Oct 23, 2022 11:27am Oct 23, 2022 11:27am
Quoting Indiara
{quote} Congratulations Mr Wolf. I am glad that you have your red badge, you deserve it. I don't mean any disrespect but I value people by what they say and what they don't say, what they do and what they don't do. You already had a red badge in my world, and some who have these badges in the FF world, do not have them in mine. But you have the badge in both worlds I had a crazy night last night, but I am looking at my UJ chart now and I see that my TP was not hit. But, if I could close all trades right now (which I can't of course) I would...
You carry on hitting 700 pips and you will soon be able to give up the day job. Good luck
  • #699,653
  • Oct 23, 2022 11:31am Oct 23, 2022 11:31am
Quoting PatienceFx
thank you everyone for your kind messages, it means a lot.
May you hit nothing but green pips ,with better and better finances to help you as much as possible. Wishing you all the very very best
  • #699,654
  • Oct 23, 2022 11:41am Oct 23, 2022 11:41am
Quoting Purple
It will be a difficult week to trade Pound this week, there is the political battle going on between Sunak and Boris (expect Pound to rally a little bit if Sunak wins) and than there is last week’s BOJ intervention and the price movement in Yen will affect GBP too. Overall the downside in GBP continues and it won’t change the long term bearish sentiment that has prevailed for so long in British Pound with just a change of leadership. I will continue to sell rallies with caution because I know it will be a choppy week. I...
"Pound to rally a little bit if Sunak wins" Bold statement. BTW, may I know why GBP will start rally again ?. Does Sunak bring some economics reform that market will get confident to back GBP against USD ?.
Just to recap on his last assignment as Chancellor of Exchequer.......
"Why did he destroy the economy in the first place with his massive borrowing?" ( by printing £450 Billion..)


BTW,

New UK PM again ?.......
Johnson, Sunak or Mordaunt ?

It's just beyond a joke now...
UK people are staving and will soon be freezing whilst this chaos carries on.
They don't care about people it's all a game and a PR stunt to them.
Shocking, just shocking.


Here are the facts.
The same bunch who chose Liz Truss will pick UK new PM.
They’ll do so for the good of ‘The Party’.
Not to benefit the people of UK, or to improve the life of those now struggling to pay their mortgages and heating bills.
Just to hold onto power.
It’s a bit shabby!

When the country was on its knees with grief, with the turmoil and chaos of cost of living crises, fuel prices and interest rises pushing mortgages out of the reach of many.
All they want is all out for themselves (and cronies) & not the Country…
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #699,655
  • Oct 23, 2022 12:10pm Oct 23, 2022 12:10pm
48 pips gap up , at the pre market
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yes yes yes
  • #699,656
  • Oct 23, 2022 12:23pm Oct 23, 2022 12:23pm
Quoting Milan
{quote} Hi Coreg, nice work you are doing here. Can I ask you something? After an AB=CD correction, can we assume there started the wave 1 on Friday? {image}
Milan, that's the fair assumption after the AB=CD pattern.
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Always trade your own plan...I don't provide trading signals.
  • #699,657
  • Oct 23, 2022 12:27pm Oct 23, 2022 12:27pm
I will be entering USDCHF long @ around 0.9955 to around 1.0030 and reversing back down.
POSTMASTER
  • #699,658
  • Oct 23, 2022 12:29pm Oct 23, 2022 12:29pm
Quoting Pat Chiko
{quote} "Pound to rally a little bit if Sunak wins" Bold statement. BTW, may I know why GBP will start rally again ?. Does Sunak bring some economics reform that market will get confident to back GBP against USD ?. Just to recap on his last assignment as Chancellor of Exchequer....... "Why did he destroy the economy in the first place with his massive borrowing?" ( by printing £450 Billion..) BTW, New UK PM again ?....... Johnson, Sunak or Mordaunt ? It's just beyond a joke now... UK people are staving and will soon be freezing whilst this chaos...
It reminds me of Napoleon returning from Elba
in wondering about yourself, you forgot what you came here to be part of
  • #699,659
  • Oct 23, 2022 12:59pm Oct 23, 2022 12:59pm
Quoting knkie
{quote} It reminds me of Napoleon returning from Elba
Fuck....how old are you...
  • #699,660
  • Oct 23, 2022 1:09pm Oct 23, 2022 1:09pm
Quoting BeeTogether
Still holding short lol…. Let’s see how that hurts me on Monday
me too, i think we are in for pain
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