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Cable Update (GBPUSD)

  • #700,081
  • Oct 24, 2022 9:31am Oct 24, 2022 9:31am
11280 proving some decent support
Insane in the Brain..
  • #700,082
  • Oct 24, 2022 9:32am Oct 24, 2022 9:32am
Again TRy L 11291 for a tp around 11362/77
COT: The precious data ignored
  • #700,083
  • Oct 24, 2022 9:37am Oct 24, 2022 9:37am
Quoting Robinhood1
Usdjpy to reach around 144.90 from where it is now 149.00
My sequence 144.90, 149,50 and 1.3450
POSTMASTER
  • #700,084
  • Oct 24, 2022 9:41am Oct 24, 2022 9:41am
Quoting Robinhood1
{quote} Closed with some profits. Still think its going to around 1.0030 but just in case {image}
POSTMASTER
  • #700,085
  • Oct 24, 2022 9:42am Oct 24, 2022 9:42am
Quoting Robinhood1
{quote}
USDCHF towards 0.9720 aprox.
POSTMASTER
  • #700,086
  • Oct 24, 2022 9:43am Oct 24, 2022 9:43am
Quoting Pat Chiko
{quote} UJ SHORT scalping. {image}
UJ

Partial TP.
Don't want to get caught by nasty intervention.
Attached Image (click to enlarge)
Click to Enlarge Name: uj 007.jpg Size: 202 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,087
  • Oct 24, 2022 9:43am Oct 24, 2022 9:43am
AUDUSD to reach around 0.6730 from where it is now 0.6300
POSTMASTER
  • #700,088
  • Oct 24, 2022 9:48am Oct 24, 2022 9:48am
MMakers struggling to prevent GU from rising. It will reach 1.1575 aprox yes or yes
POSTMASTER
  • #700,089
  • Oct 24, 2022 9:49am Oct 24, 2022 9:49am
Quoting Yngwie
small lot long 1.1279 SL 1.1269
boring. closed 1.1303
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #700,090
  • Oct 24, 2022 9:56am Oct 24, 2022 9:56am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #700,091
  • Oct 24, 2022 9:59am Oct 24, 2022 9:59am
Quoting Moty
{image}
maybe the key is above 1325?
  • #700,092
  • Oct 24, 2022 10:01am Oct 24, 2022 10:01am
Quoting Pat Chiko
{quote} GU Second Partial TP. Balance on open trade.{image}
GU

End of Scalping.
Final closed all position.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 243.jpg Size: 221 KB

NOTE : Not breaking high on last H4 Pivot point zone.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,093
  • Oct 24, 2022 10:01am Oct 24, 2022 10:01am
Quoting maxi444
{quote} maybe the key is above 1325?
11135/40 opening/blocking the way up for me

Opening it, leads to 111362/77 or so
COT: The precious data ignored
  • #700,094
  • Oct 24, 2022 10:03am Oct 24, 2022 10:03am
All the pairs strugle with XAUUSD today. When XAUUSD long allthe XXXusd long.
  • #700,095
  • Oct 24, 2022 10:04am Oct 24, 2022 10:04am
Quoting Pat Chiko
{quote} GU End of Scalping. Final closed all position.{image} NOTE : Not breaking high on last H4 Pivot point zone.

Bit of Story telling.... You may skip, I will talk about Macro.
Thus if Fundamental not your cup of tea, move along nothing to see here.

Les Begin :

Traders dumping pounds.
Pound gets less valuable so the money to print has to rise.
This tends to lead very high inflation.
Even if they done that insurance and pension funds would still get smashed.
Their members buying power in their pensions would collapse majorly.

cont/-
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,096
  • Oct 24, 2022 10:07am Oct 24, 2022 10:07am
Quoting Pat Chiko
{quote} Bit of Story telling.... You may skip, I will talk about Macro. Thus if Fundamental not your cup of tea, move along nothing to see here. Les Begin : Traders dumping pounds. Pound gets less valuable so the money to print has to rise. This tends to lead very high inflation. Even if they done that insurance and pension funds would still get smashed. Their members buying power in their pensions would collapse majorly. cont/-

Let have a look who’s holding UK debt.
Attached Image (click to enlarge)
Click to Enlarge Name: gilt holding.jpg Size: 32 KB


When the QE gravy train comes to an end, insurance, pension funds and the BoE are gonna be holding a very large bag of worthless debt.
Over £2 Trillion (how many zero is that ?) in debt that and no one will want plus the money printer can’t finance it unless UK get 3-digit inflation.


cont/-
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,097
  • Oct 24, 2022 10:11am Oct 24, 2022 10:11am
Quoting kuroro001
Again TRy L 11291 for a tp around 11362/77
BE trade
Calling it a day

I'll let NY and Asian do the dirty job in this range, then wait for London tomorrow
COT: The precious data ignored
  • #700,098
  • Oct 24, 2022 10:12am Oct 24, 2022 10:12am
Gbpusd long at 1.12600
  • #700,099
  • Oct 24, 2022 10:13am Oct 24, 2022 10:13am
Quoting Pat Chiko
{quote} Let have a look who’s holding UK debt.{image} When the QE gravy train comes to an end, insurance, pension funds and the BoE are gonna be holding a very large bag of worthless debt. Over £2 Trillion (how many zero is that ?) in debt that and no one will want plus the money printer can’t finance it unless UK get 3-digit inflation. cont/-
The Pound is still a major reserve currency worldwide - imagine what happens when all those people and sovereign states holding GBP abroad realise it's worthless and start dumping. ?.

Effective this chart (previously posted) shows who runs the country, as witnessed three weeks ago.
That is why they installed Rishi Sunak to lead the transition to a CBDC, UBI ,SocialCredit economy as their "durable exit" while preserving BlackRock (pensions) and BoE's asset values.

Now you will see how this thing unfold " rich taking care of the wealthy friends

Rishi Sunak is super rich.
Why be an MP? Why be the chancellor?
He was put there to serve the wealthy.
His friends in Hedge funds.
The super rich who need tax breaks. Oligarchs.

This government don’t care about the people.
They are just taking care of the rich and privileged.

That's why my dad told me, don't be poor.


EDN of short story...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,100
  • Oct 24, 2022 10:18am Oct 24, 2022 10:18am
Quoting Pat Chiko
{quote} The Pound is still a major reserve currency worldwide - imagine what happens when all those people and sovereign states holding GBP abroad realise it's worthless and start dumping. ?. Effective this chart (previously posted) shows who runs the country, as witnessed three weeks ago. That is why they installed Rishi Sunak to lead the transition to a CBDC, UBI ,SocialCredit economy as their "durable exit" while preserving BlackRock (pensions) and BoE's asset values. Now you will see how this thing unfold " rich taking care of the wealthy friends...
"That's why my dad told me, don't be poor."

...love it ...say's it like a command
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