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Cable Update (GBPUSD)

  • #702,841
  • Nov 2, 2022 1:15pm Nov 2, 2022 1:15pm
Quoting DrDave
{quote} FIRST stop??? Did you see Moty fueling up a a new rocket with added Titan boosters?
Price went beyond my target 23 pips. Its fine, i hit the right direction. and thus we might see a doble bottom around 1.1440. I may be wrong
POSTMASTER
  • #702,842
  • Nov 2, 2022 1:17pm Nov 2, 2022 1:17pm
...I have it o/sold to 5min only, at the current dly hi, after the data move. 1Hr rangy-bullish right now.
Trader with an Edge.
  • #702,843
  • Nov 2, 2022 1:18pm Nov 2, 2022 1:18pm
Next move now is the BOE interest rate decision tomorrow.
  • #702,844
  • Nov 2, 2022 1:19pm Nov 2, 2022 1:19pm
Higher… no liquidity grab yet or at all..
higher.. I have time.
  • #702,845
  • Nov 2, 2022 1:19pm Nov 2, 2022 1:19pm
Quoting Wavegarrick
{quote} It's a funny fact indeed. I thought the same when Gu was in a downtrend. After the UK rate increase Gu just went spiraling down, but nosedived even more with the Us rate increase. But then I ask myself, is it not that the market makers will do their own thing anyway? In line with the current trend. Priced in and so forth will always be used as an excuse afterwards. Usdx looks like it wants to go down. I could be wrong of course. {image}
So far so good Press conference in a mo.
Cheers.
Attached Image (click to enlarge)
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Trade to trade another day
  • #702,846
  • Nov 2, 2022 1:20pm Nov 2, 2022 1:20pm
to buy if higher, above 1565, now no trade, maybe better after press conf
  • #702,847
  • Nov 2, 2022 1:20pm Nov 2, 2022 1:20pm
Quoting Robinhood1
{quote} first stop around 1.1537
I see that you're special glasses are coming into focus!
To free Gazans of Hamas, use whatever it takes.
  • #702,848
  • Nov 2, 2022 1:20pm Nov 2, 2022 1:20pm
Quoting Whale
Higher… no liquidity grab yet or at all.. higher.. I have time.
Press the button..
  • #702,849
  • Nov 2, 2022 1:21pm Nov 2, 2022 1:21pm
Quoting Headland
...hope everyone did ok. My broker printed 1559-7 highest so far, but they are all different. 1hr below {image}
Anything different is a scam
POSTMASTER
  • #702,850
  • Nov 2, 2022 1:21pm Nov 2, 2022 1:21pm
Today is a very good example on how Banks love to lure Retails on the wrong side then finally take them all underwateror left them hanging like BAT
More time in the market, does not mean you trade better!
  • #702,851
  • Nov 2, 2022 1:22pm Nov 2, 2022 1:22pm
Quoting Whale
{quote} Press the button..
To short big i want 11680/11720 (m30/h1/h4 big res)

Else i'll watch and enjoy the up & down show
COT: The precious data ignored
  • #702,852
  • Nov 2, 2022 1:23pm Nov 2, 2022 1:23pm
to the gap mf
Attached Image(s) (click to enlarge)
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yes yes yes
  • #702,853
  • Nov 2, 2022 1:23pm Nov 2, 2022 1:23pm
Ha ha,,,

As expected, they did casually slipped in a sentence, that sent market up the walls.

Their words: "In determining the pace of future increases in the target range, the Committee will take into account the cumulative tightening of monetary policy."

So, if 400 bps as a whole was somewhat high, 6% is unlikely then. Days to 25 bps "normal" increases each meeting appeared to be back on the agenda again!
  • #702,854
  • Nov 2, 2022 1:23pm Nov 2, 2022 1:23pm
Quoting kuroro001
{quote} To short big i want 11680/11720 (m30/h1/h4 big res) Else i'll watch and enjoy the up & down show
Press the button Colombians, the button por favor
  • #702,855
  • Nov 2, 2022 1:24pm Nov 2, 2022 1:24pm
Price short
tp 1.14851
Sl. 20 pips
Exit time range ( 30-45min)
Trade safe everyone
Tony
Attached Image (click to enlarge)
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I live in the future
  • #702,856
  • Nov 2, 2022 1:24pm Nov 2, 2022 1:24pm
Quoting Headland
...hope everyone did ok. My broker printed 1559-7 highest so far, but they are all different. 1hr below {image}
I just checked 1.1559 correct. Your broker is good
POSTMASTER
  • #702,857
  • Nov 2, 2022 1:24pm Nov 2, 2022 1:24pm
Quoting Fardeen1209
Today is a very good example on how Banks love to lure Retails on the wrong side then finally take them all underwateror left them hanging like BAT
The Markets movers, people just need to watch and have patients, you cannot fight them, but you can follow they move and avoid traps.
  • #702,858
  • Nov 2, 2022 1:27pm Nov 2, 2022 1:27pm
Quoting DrDave
{quote} I see that you're special glasses are coming into focus!
Have not thought of getting the same ones?
POSTMASTER
  • #702,859
  • Edited 1:41pm Nov 2, 2022 1:27pm | Edited 1:41pm
Quoting Derk
{quote} The Markets movers, people just need to watch and have patients, you cannot fight them, but you can follow they move and avoid traps.
A Wise men once drunk told and i have marked his words !!! Dont fight the FED
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"Exchange of hands"
  • #702,860
  • Nov 2, 2022 1:27pm Nov 2, 2022 1:27pm
Out...
was a +/-/0/ trading day...
Night
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