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Cable Update (GBPUSD)

  • #700,401
  • Oct 25, 2022 4:22am Oct 25, 2022 4:22am
Quoting Pat Chiko
Hidden
So what you say, is people can elect black people, white people, blue, red, green etc..... world will still be fucked with racism

Nice dumb world we live in (and thanks god i stopped watching instagram/facebook)
COT: The precious data ignored
  • #700,402
  • Oct 25, 2022 4:23am Oct 25, 2022 4:23am
Quoting Waveskierrob
{quote} Yea gunna go with you on this one SHORT @ 11329 no sl no tp ....
Closed SHORT @ 11314 +15.....cheers Georgie..mucho respecto .........
  • #700,403
  • Oct 25, 2022 4:26am Oct 25, 2022 4:26am
Quoting Fardeen1209
{quote} Will Sunak's fiscal plan be bullish for the Pound bro?
Listining to Sunak speech, he's no different....same same, only colour diffrent.

Sunak yet again when talking to the nation mentioned Putin as a key part of the Cost Of Living Crisis.
(blame Putin for UK Economics failure, easy way out)
But he omitted the money printing by the Bank of England .
We need HONEST Government.
Not omitting key failures of institutions here in the UK.

Sunak could not have been better set up to fail by anyone.
And I suspect he will fail.
But that is not because this country’s problems cannot be solved.
They can be, but not by a Tory constrained by that party whilst he is in awe of markets and the Bank of England.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,404
  • Oct 25, 2022 4:29am Oct 25, 2022 4:29am
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yes yes yes
  • #700,405
  • Oct 25, 2022 4:29am Oct 25, 2022 4:29am
Quoting Pat Chiko
{quote} Listining to Sunak speech, he's no different....same same, only colour diffrent. Sunak yet again when talking to the nation mentioned Putin as a key part of the Cost Of Living Crisis. (blame Putin for UK Economics failure, easy way out) But he omitted the money printing by the Bank of England . We need HONEST Government. Not omitting key failures of institutions here in the UK. Sunak could not have been better set up to fail by anyone. And I suspect he will fail. But that is not because this country’s problems cannot be solved. They can...
Pat, the older I get, the more I see these young morons, the more I'm convinced that we need another world war.
But this time, it should to be a class war instead of a religious/race/color war.
Lost....
  • #700,406
  • Oct 25, 2022 4:31am Oct 25, 2022 4:31am
Quoting Pat Chiko
{quote} Listining to Sunak speech, he's no different....same same, only colour diffrent. Sunak yet again when talking to the nation mentioned Putin as a key part of the Cost Of Living Crisis. (blame Putin for UK Economics failure, easy way out) But he omitted the money printing by the Bank of England . We need HONEST Government. Not omitting key failures of institutions here in the UK. Sunak could not have been better set up to fail by anyone. And I suspect he will fail. But that is not because this country’s problems cannot be solved. They can...
i suspect Goldman Sachs will be happy with him, you're just not on the winning team.
  • #700,407
  • Oct 25, 2022 4:33am Oct 25, 2022 4:33am
Quoting Moty
{image}
#GU
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RedcaT 3003
25k Return This Week: na
  • #700,408
  • Oct 25, 2022 4:34am Oct 25, 2022 4:34am
Quoting Pat Chiko
{quote} Listining to Sunak speech, he's no different....same same, only colour diffrent. Sunak yet again when talking to the nation mentioned Putin as a key part of the Cost Of Living Crisis. (blame Putin for UK Economics failure, easy way out) But he omitted the money printing by the Bank of England . We need HONEST Government. Not omitting key failures of institutions here in the UK. Sunak could not have been better set up to fail by anyone. And I suspect he will fail. But that is not because this country’s problems cannot be solved. They can...
I have a theory for the way the higher power clears the path for Sunak to become the new PM.
My thought is that Winter is coming, Euro zone and UK facing the gas problem, with an Indo-xxx as the new PM, may be they can negotiate some gas from India.(since they can't get it directly from Russia due to sanction- the Law (or agreement- never mentioned they can't get it indirectly)
For a lesser probability of offer rejection from India to deliver the gas to UK, they made him the new PM for negotiation, otherwise many will suffer!

Well, it is my view, apologize in advance if I hurt somebody's feelings.
More time in the market, does not mean you trade better!
  • #700,409
  • Oct 25, 2022 4:40am Oct 25, 2022 4:40am
Quoting gespiri
{quote} Pat, the older I get, the more I see these young morons, the more I'm convinced that we need another world war. But this time, it should to be a class war instead of a religious/race/color war.
We got to look deeper on what's coming.........

Sunak’s task is impossible because of the constraints imposed on him and those he has chosen.
And we will all pay an enormous price for that.

If UK is to survive the mess it's in, there needs to be a paradigm shift & Sunak is too trapped in the current govt discourse to be able to manage it.

Quoting Fardeen1209
{quote} Will Sunak's fiscal plan be bullish for the Pound bro?
There is no easy solution.
Strong economies take decades to create, long term investment & higher tax probably required.
Easy way out is he can just print as much money as he needs to solve all of these problems, without any consequences or debt...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,410
  • Oct 25, 2022 4:43am Oct 25, 2022 4:43am
Quoting Pat Chiko
{quote} Listining to Sunak speech, he's no different....same same, only colour diffrent. Sunak yet again when talking to the nation mentioned Putin as a key part of the Cost Of Living Crisis. (blame Putin for UK Economics failure, easy way out) But he omitted the money printing by the Bank of England . We need HONEST Government. Not omitting key failures of institutions here in the UK. Sunak could not have been better set up to fail by anyone. And I suspect he will fail. But that is not because this country’s problems cannot be solved. They can...
If anything, I want to see the pound drop just to wipe the smiles off their faces and destroy their narrative.
  • #700,411
  • Oct 25, 2022 4:45am Oct 25, 2022 4:45am
Quoting Fardeen1209
{quote} I have a theory for the way the higher power clears the path for Sunak to become the new PM. My thought is that Winter is coming, Euro zone and UK facing the gas problem, with an Indo-xxx as the new PM, may be they can negotiate some gas from India.(since they can't get it directly from Russia due to sanction- the Law (or agreement- never mentioned they can't get it indirectly) For a lesser probability of offer rejection from UK to India, they made him the new PM for negotiation, otherwise many will suffer! Well, it is my view, apologize...

  1. high inflation
  2. high government debt

find a target to take all the flak

  • #700,412
  • Oct 25, 2022 4:46am Oct 25, 2022 4:46am
Quoting WizardTrade
{quote} Lizzy is my second love Of course Cable is my first

Now I miss Liz Truss,, really miss her.
Look at the market, looking like zombies moving everywhere, but no where.

UK must bring back Liz... as PM....
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,413
  • Oct 25, 2022 4:48am Oct 25, 2022 4:48am
Today, for almost every trade I've taken, it's reversed and stopped me out
  • #700,414
  • Oct 25, 2022 4:50am Oct 25, 2022 4:50am
Quoting MrFanciful
{quote} If anything, I want to see the pound drop just to wipe the smiles off their faces and destroy their narrative.
Past two days, GU is not exciting anymore.
I feel bored and want to give up this pair.

Liz Truss did well to excite the market.
Time for me to move to trade other instrument.

Thanks for the time and comment.

Take care


P/S
If you have more than 1,080 hours in a video game, you've played it longer than Liz Truss was Prime Minister of the UK
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,415
  • Oct 25, 2022 4:50am Oct 25, 2022 4:50am
Attached Image (click to enlarge)
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yes yes yes
  • #700,416
  • Oct 25, 2022 4:51am Oct 25, 2022 4:51am
Quoting MrFanciful
Today, for almost every trade I've taken, it's reversed and stopped me out
Today is a bad day so far

Made a few pips, but struggling honestly

Waiting for NY and see if this crap can drop with US equities
COT: The precious data ignored
  • #700,417
  • Oct 25, 2022 4:52am Oct 25, 2022 4:52am
Quoting MrFanciful
Today, for almost every trade I've taken, it's reversed and stopped me out
learn form the losses, it helped me and helping ...never give up..
Blank and Empty
  • #700,418
  • Oct 25, 2022 4:53am Oct 25, 2022 4:53am
Quoting MrFanciful
{quote} If anything, I want to see the pound drop just to wipe the smiles off their faces and destroy their narrative.
The price should find resistance ( may be found already ) around 1340/50 for a drop towards 1250.

Wait for NY to open.

I have closed partial short trades, still some of my short trades open.
Intraday only.
  • #700,419
  • Oct 25, 2022 4:55am Oct 25, 2022 4:55am
Quoting buffedmage
{quote} learn form the losses, it helped me and helping ...never give up..
”Failure is success in progress”
  • #700,420
  • Oct 25, 2022 4:57am Oct 25, 2022 4:57am
Quoting PatienceFx
{quote} high inflation high government debt find a target to take all the flak
This winter will no longer be about Inflation or government debt, it will be more about survival.

Well you saw that the last summer the weather made a 'New High' in terms of temperature, meaning that there is a high probability for them to experience a colder winter than have not yet experienced.

All countries are negotiating with suppliers, and the middle east have reached their limit daily production capacity, which left many with no option to Russian gas.
Since they shot themselves in thier own feets, now they will need a middleman to get themselves the Russian gas
More time in the market, does not mean you trade better!
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