POSTMASTER
Cable Update (GBPUSD)
- #700,781
- Oct 26, 2022 2:58am Oct 26, 2022 2:58am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #700,783
- Oct 26, 2022 3:01am Oct 26, 2022 3:01am
- Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts
Looks like a "Karen" is clicking the thumbs down button on every post on my thread, someone told me once that "the best revenge is massive success" looks like I succeeded, I think most people know who he is, just putting it out there, these are the folks we are communicating with on this thread ....
I am neither brave nor stupid...I am just a part time trader 
- #700,784
- Edited 3:20am Oct 26, 2022 3:01am | Edited 3:20am
- Joined Aug 2018 | Status: Research Analyst | 4,292 Posts
Data + Stat + Risk/Emotions Management
- #700,789
- Oct 26, 2022 3:05am Oct 26, 2022 3:05am
- Joined Jun 2013 | Status: enjoying life | 23,877 Posts | Online Now
- #700,791
- Oct 26, 2022 3:06am Oct 26, 2022 3:06am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} Is better focus on improving trading than it is to waste valuable time making anonymous thumbs down, no?
- #700,793
- Oct 26, 2022 3:07am Oct 26, 2022 3:07am
- Joined Oct 2020 | Status: Trader | 14,050 Posts
Looks like a "Karen" is clicking the thumbs down button on every post on my thread, someone told me once that "the best revenge is massive success" looks like I succeeded, I think most people know who he is, just putting it out there, these are the folks we are communicating with on this thread ....
Insane in the Brain..
- #700,794
- Oct 26, 2022 3:07am Oct 26, 2022 3:07am
- Joined Aug 2016 | Status: Trader | 10,397 Posts
BP H. --- So far so good . . . But we entered dangerous waters now. Min. requirements of wave stucture have been met.
Be carefull . . .
- #700,795
- Oct 26, 2022 3:07am Oct 26, 2022 3:07am
- Joined Jun 2013 | Status: enjoying life | 23,877 Posts | Online Now
{quote} never trust any politicians blindly
- #700,797
- Oct 26, 2022 3:10am Oct 26, 2022 3:10am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
General Info
The weakness of the dollar has allowed currency (EUR,AUD, GBP, BTC) to reach the top of its range and climb back above the strong level.
But beware, this correction in the USD is probably only temporary.
Next big decision to watch: FOMC in November, which could bring strength to the USD.
Even AUS with high inflation rate reported, went higher AUD against USD.
We are seeing, Fed hikes 75bps in line with markets.
No hawkish dissenters going for 100bps.
They acknowledge weakness in spending & production... labour market strength.
It's all down the middle & exactly what the markets were expecting.
Non-event statement... Powell will be vague too USD 
In the UK today, 5Y rates are up 50bp in a day, and I hope it will not drag the GBP down.
Just a bit of attention for fragile GBP
The weakness of the dollar has allowed currency (EUR,AUD, GBP, BTC) to reach the top of its range and climb back above the strong level.
But beware, this correction in the USD is probably only temporary.
Next big decision to watch: FOMC in November, which could bring strength to the USD.
Even AUS with high inflation rate reported, went higher AUD against USD.
We are seeing, Fed hikes 75bps in line with markets.
No hawkish dissenters going for 100bps.
They acknowledge weakness in spending & production... labour market strength.
It's all down the middle & exactly what the markets were expecting.
Non-event statement... Powell will be vague too USD
In the UK today, 5Y rates are up 50bp in a day, and I hope it will not drag the GBP down.
Just a bit of attention for fragile GBP
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #700,798
- Oct 26, 2022 3:12am Oct 26, 2022 3:12am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} {image}
- #700,799
- Oct 26, 2022 3:12am Oct 26, 2022 3:12am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
{quote} {image}
Intraday only.