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Cable Update (GBPUSD)

  • #701,841
  • Oct 29, 2022 1:13pm Oct 29, 2022 1:13pm
Quoting Robinhood1
{quote} always withdrew through bank account but last time they declined my withdrawl and required me to do it through card. Well, i found it even better, 2 days
Bank takes 3 days in my case
POSTMASTER
  • #701,842
  • Oct 29, 2022 1:27pm Oct 29, 2022 1:27pm
Quoting Robinhood1
{quote} always withdrew through bank account but last time they declined my withdrawl and required me to do it through card. Well, i found it even better, 2 days
My bank rejected my withdrawal. I put in a query but I haven't been contacted. Yet I guess
  • #701,843
  • Oct 29, 2022 1:29pm Oct 29, 2022 1:29pm
Quoting Mosese
{quote} My bank rejected my withdrawal. I put in a query but I haven't been contacted. Yet I guess
You mean your broker did send the money but your bank rejected?
POSTMASTER
  • #701,844
  • Oct 29, 2022 1:36pm Oct 29, 2022 1:36pm
Quoting Robinhood1
{quote} You mean your broker did send the money but your bank rejected?
Yes. The broker HFmarkets did send the money through Direct online banking but the bank, FNB Lesotho rejected. The money bounced bank into my broker account though.

I am still to find out why they don't accept it.
  • #701,845
  • Oct 29, 2022 1:39pm Oct 29, 2022 1:39pm
Quoting Mosese
{quote} Yes. The broker HFmarkets did send the money through Direct online banking but the bank, FNB Lesotho rejected. The money bounced bank into my broker account though. I am still to find out why they don't accept it.
Well, at least you know the broker gives you your money. you should not have a big issue when bank gets back to you. Sounds like a technical issue.
POSTMASTER
  • #701,846
  • Oct 29, 2022 1:49pm Oct 29, 2022 1:49pm
Quoting Robinhood1
{quote} ??
Leverage on crypto?
I don't know
  • #701,847
  • Oct 29, 2022 1:54pm Oct 29, 2022 1:54pm
Quoting thevisitor
{quote} Leverage on crypto? I don't know
I use very little 1:30 but not sure if you can have higher.
POSTMASTER
  • #701,848
  • Oct 29, 2022 1:57pm Oct 29, 2022 1:57pm
Quoting thevisitor
{quote} Leverage on crypto? I don't know
just had a look 200 is the highest crypto
POSTMASTER
  • #701,849
  • Oct 29, 2022 1:59pm Oct 29, 2022 1:59pm
Quoting Robinhood1
{quote} just had a look 200 is the highest crypto
not UK though
POSTMASTER
  • #701,850
  • Oct 29, 2022 2:08pm Oct 29, 2022 2:08pm
Quoting Robinhood1
{quote} just had a look 200 is the highest crypto
Yes, checked it
1:30 is far enough
Have a good weekend!
  • #701,851
  • Oct 29, 2022 2:35pm Oct 29, 2022 2:35pm
Quoting Robinhood1
{quote} I am very happy with my broker, one only issue one time. After 3 years they still required me to provide an official bank statement which i did. For the rest, good.
Perhaps national law requires that, not the broker. I have run into some absurd sounding requirements for bank related matters here. The bank manager said the law requires to have certain documents on file each year that if it were up to the bank, no reason for them.
To free Gazans of Hamas, use whatever it takes.
  • #701,852
  • Oct 29, 2022 2:40pm Oct 29, 2022 2:40pm
Quoting Mosese
{quote} Yes. The broker HFmarkets did send the money through Direct online banking but the bank, FNB Lesotho rejected. The money bounced bank into my broker account though. I am still to find out why they don't accept it.
Looks like their anti-money laundering algorithm caught you! That's a risk that you nefarious international dealers in illegal activities and illicit materials must take in order to convert those ill gotten gains into legitimate currency.
To free Gazans of Hamas, use whatever it takes.
  • #701,853
  • Oct 29, 2022 2:42pm Oct 29, 2022 2:42pm
Quoting gespiri
{quote} Interesting......however, I try to stay away for now to fantasize too much. Many years and hopes to go. We'll see if everything pans out in time.
Soon all central banks will switch to its own digital currency, there is no other way. Only it has to be safe and green. Might take couple of years.
  • #701,854
  • Oct 29, 2022 7:52pm Oct 29, 2022 7:52pm
IMO if it goes like this, do the back retest.

GU can have a more solid fresh rise.
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  • #701,855
  • Oct 29, 2022 9:39pm Oct 29, 2022 9:39pm
Quoting Jolita
{quote} Soon all central banks will switch to its own digital currency, there is no other way. Only it has to be safe and green. Might take couple of years.
I believe CBDCs wont neither be inflationary nor deflationary, since CBs will always have to alter the money supply for the different economic objective. It will remain the same system but just on a blockchain which i have a strong belief the tranx wont be made publicly.

What your thought on that?
More time in the market, does not mean you trade better!
  • #701,856
  • Oct 29, 2022 10:51pm Oct 29, 2022 10:51pm
I think, Tomorrow London open on GU will be giving us idea where it may head

Happy Sunday everyone
Blank and Empty
  • #701,857
  • Oct 29, 2022 11:47pm Oct 29, 2022 11:47pm
immediate problems facing UK & EU

  1. gas
  2. diesel
  3. wheat - Russia blocked exports from Ukraine - food basket of Europe

making this winter the harshest for many people

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do not follow me 99.9999999% of times, rest you can lol
  • #701,858
  • Oct 30, 2022 12:58am Oct 30, 2022 12:58am
So, what do we have?

Price is at 1.161.. BoE raising rates this week.


It's not hard to tell where the price is going this week.
As with Euro and ECB last week, Euro started appreciating at the beginning of the week and fell on the day of rate hike as was expected.

So, my guess is Pound is near 1.19 this week before rate hike. BoE raising rates to 3% isn't a joke anymore and Fed has rates at 4%.
It's time for Pound and Euro to take the lead before their demise on Winter. We should get some really nice Monthy retracement now..

Now, USD appreciation should stop for a while, all of the rate hikes are priced in. Next time we'll see USD to appreciate will be when recession starts, but who knows how far or near to recession we currently are.

Just my take on this, also price is at 1.161 for a reason, it wants to go to 1.20.
  • #701,859
  • Oct 30, 2022 1:59am Oct 30, 2022 1:59am
Quoting TheWolf
So, what do we have? Price is at 1.161.. BoE raising rates this week. It's not hard to tell where the price is going this week. As with Euro and ECB last week, Euro started appreciating at the beginning of the week and fell on the day of rate hike as was expected. So, my guess is Pound is near 1.19 this week before rate hike. BoE raising rates to 3% isn't a joke anymore and Fed has rates at 4%. It's time for Pound and Euro to take the lead before their demise on Winter. We should get some really nice Monthy retracement now.. Now, USD appreciation...
Excellent post, this is how we should trade forex , not with indicators and charts.

Price comes first, without Price indicators and charts do not work,.

Again Excellent way to trade brother
do not follow me 99.9999999% of times, rest you can lol
  • #701,860
  • Oct 30, 2022 2:04am Oct 30, 2022 2:04am
Currencies will wobble
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