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Cable Update (GBPUSD)

  • #700,021
  • Oct 24, 2022 7:58am Oct 24, 2022 7:58am
Quoting DubaiFX
{quote} Noth8ng is for sure in this market I am here since 2007 and started live in 2009 took me 2 years to learn and I am very thankful to ForexFactory.com and the senior traders who are no longer here now buy I learned a lot from this website to be honest if I iam good trader today it is Because of ForexFactory.com I am not showing off buy yes I am proud started with 30$ and made it 500$ in 2008 and did it again in 2012 and doing it again, it is easy to make 10K into 100K buy 50$ into 50K is really trading my friends. Last time I invested 30$...
glad to meet you again

what do you feel who will win and how the market will react
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  • #700,022
  • Oct 24, 2022 7:59am Oct 24, 2022 7:59am
And............UK leadership candidate Penny Mordaunt withdraws

Japan econ mininster Yamagiwa to step down - NHK
- Reuters via https://PiQSuite.com/Suite
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P/S He will be having a drink with Kwasi Kwarteng somewhere on a tropical island to celebrate not being in charge anymore as their respective currencies/economies are in trouble!
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,023
  • Oct 24, 2022 8:00am Oct 24, 2022 8:00am
penny dropped out sunak is new pm
  • #700,024
  • Oct 24, 2022 8:01am Oct 24, 2022 8:01am
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hedge time . Hold on
  • #700,025
  • Oct 24, 2022 8:02am Oct 24, 2022 8:02am
Out of longs, charts turning bearish

Will wait, it could spike, then i'll chance some shorts later

Will depends on US equities
COT: The precious data ignored
  • #700,026
  • Oct 24, 2022 8:02am Oct 24, 2022 8:02am
Quoting Pat Chiko
{quote} GU Partial TP Market not moving smoothly and hesitate on the back drop of new PM appointment Having scalp will avoid sudden spike of opposite direction. Hope to get in trade as the market is self correcting.{image}
Remember Rishi was at No 11 for the first six months of this year and how did the pound fare...
  • #700,027
  • Oct 24, 2022 8:02am Oct 24, 2022 8:02am
Quoting PatienceFx
penny dropped out sunak is new pm
he joins office on wednesday
  • #700,028
  • Oct 24, 2022 8:05am Oct 24, 2022 8:05am
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  • #700,029
  • Oct 24, 2022 8:05am Oct 24, 2022 8:05am
Why is the pound tanking ? Wasn’t he the safe bet?
Insane in the Brain..
  • #700,030
  • Oct 24, 2022 8:08am Oct 24, 2022 8:08am
Short Follow Up
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  • #700,031
  • Oct 24, 2022 8:08am Oct 24, 2022 8:08am
WHAT A F… g ..Game .. crazy that’s all one can say .all that effort weeks ago between them .. THEY WOULD NOT KNOW WHICH WAY A LIFT WAS GOING IF YOU GAVE THEM 2 ..F…NIG GUESSES
  • #700,032
  • Oct 24, 2022 8:08am Oct 24, 2022 8:08am
Quoting Waveskierrob
{quote} Remember Rishi was at No 11 for the first six months of this year and how did the pound fare...
Rishi Sunak will be Prime Minister by the end of the day.
Some think,like me, he’s a solution to our problems;others think he’s part of the problem.

He was the Chancellor who oversee the disarray of authorising hundreds of billions of pounds of new money, he walked out in the middle of a cost of living crisis he bloody helped created.

Same Sunak who messed up the economy in the first place.
Same Sunak whose wife doesn't pay tax though she lives here but wants to increase our taxes?

He will be PM by being that last person available.
That says more about this country than the fact he will become PM.

Goodluck to him...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,033
  • Oct 24, 2022 8:08am Oct 24, 2022 8:08am
Quoting BeeTogether
Why is the pound tanking ? Wasn’t he the safe bet?
because im on sell .lol... its testing the broken support to make anothr big move in future.. intraday trend - down . after that we need to see if the next support lvl actually breaks
Blank and Empty
  • #700,034
  • Oct 24, 2022 8:09am Oct 24, 2022 8:09am
GBPCAD SHORT
TP 1.53359
My telegram: https://t.me/avidforex
  • #700,035
  • Oct 24, 2022 8:10am Oct 24, 2022 8:10am
11240/60 to try other longs

Either it goes up without me, or it gives me another opp to reload bit lower
COT: The precious data ignored
  • #700,036
  • Edited 8:26am Oct 24, 2022 8:10am | Edited 8:26am
Quoting buffedmage
{quote} because im on sell .lol... its testing the broken support to make anothr big move in future

let’s give that Turd Sunak with a bitch of an economy to deal with ! Open doors to 110

edit* always check autocorrect as it badly ducks up sometimes

edit** fucks
Insane in the Brain..
  • #700,037
  • Oct 24, 2022 8:13am Oct 24, 2022 8:13am
Quoting BeeTogether
{quote} let’s great that Turd Sunak with a bitch of an economy to deal with ! Open doors to 110
politicians all country politicians think same ...money is their language
Blank and Empty
  • #700,038
  • Oct 24, 2022 8:14am Oct 24, 2022 8:14am
Quoting BigNumbers
GBPCAD SHORT TP 1.53359
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My telegram: https://t.me/avidforex
  • #700,039
  • Oct 24, 2022 8:15am Oct 24, 2022 8:15am
Good luck Rishi

UK PMIs this morning are dreadful.
New orders in manufacturing at 38.6.

That's deep recession levels.
Services figure wasn't much better... new business fell to 45.9.
This weak activity should act as a circuit-breaker for inflation & BoE tightening GBP

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P/S No coincidence former chancellor is at helm, btd........
And..........Don’t forget Sunak was Chancellor until recently.
A lot of this mess he was aware of & ignored.
(coming back to get him,.... lol)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,040
  • Oct 24, 2022 8:18am Oct 24, 2022 8:18am
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