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Cable Update (GBPUSD)

  • #703,301
  • Nov 3, 2022 6:59am Nov 3, 2022 6:59am
Quoting Lbrto
{quote} 75bp is still positive.
idk what will be the affect.. dont try to predict how the market will react to news.
GBP is in deep shit, TA wants lower on daily, on 4h i see retracement.
im going with the same scenario like yesterday, up for 100 and drop for 200.. something like that.
  • #703,302
  • Nov 3, 2022 7:02am Nov 3, 2022 7:02am
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The market hides a perfect geometry.
  • #703,303
  • Nov 3, 2022 7:03am Nov 3, 2022 7:03am
Maybe gov bailey had the needle to pinch bulls ass and woke up...
Last time he speak live, pounds drop 200pips...
"bad trades at times do happen even when the set up are good"
  • #703,304
  • Nov 3, 2022 7:04am Nov 3, 2022 7:04am
Well that did not move the pair...
"No trade is still a trade." - Peter Borish
  • #703,305
  • Nov 3, 2022 7:04am Nov 3, 2022 7:04am
buy gbp good time
  • #703,306
  • Nov 3, 2022 7:06am Nov 3, 2022 7:06am
Alright.. so we got 75bps rate hike and all of the members agreeing. Market's reaction? Sell anyway..

If Bailey fails, Pound fails..
In half an hour we will find out if Pound is headed for parity or not..

Easy fellas.. no need to get on train as soon as possible or look for highs, if Bailey fails today you have more than 500 pips in your pocket shorting this pair anyway..
No rush..
  • #703,307
  • Nov 3, 2022 7:06am Nov 3, 2022 7:06am
Quoting RaHaG0D
{quote} Add long at 1.12600
Add Long at 1.12094 - Buy Limit at 1.11800
I will close all trades with 33 pips of profit
There is nothing wrong with being kind & loving to each other
  • #703,308
  • Nov 3, 2022 7:08am Nov 3, 2022 7:08am
Still waiting for m1 to turn up, to try longs
COT: The precious data ignored
  • #703,309
  • Nov 3, 2022 7:09am Nov 3, 2022 7:09am
UK CPI is not yet topped out by BOE

Attached Image (click to enlarge)
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BOE forecast summury
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More time in the market, does not mean you trade better!
  • #703,310
  • Nov 3, 2022 7:10am Nov 3, 2022 7:10am
t 12-07
Cable , my 07-45 bar break actually Failed , if i remember i may of had a fail yesterday but it is part of trading and i fixed the fail.
So today we had a fail , but the 08-00 candle low broke too so this fixed the faild plus made a nioce %% return. Happy Days.

i see the news has just been relkeased but that doesnt affect me as i finished my trading ages ago.
Trade well .
t 12-10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,311
  • Nov 3, 2022 7:10am Nov 3, 2022 7:10am
Quoting TonyTepeli
{quote} Hi Chiko Are you sure about this trade setup? Any reason you wanna share about that setup ?? Thanks in advance.
NO, I'm not sure and still a Newbie learning to trade.
Reason - trying my luck on news trading.
Set up = based on S&R.

Trade well.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #703,312
  • Nov 3, 2022 7:11am Nov 3, 2022 7:11am
come on reversal
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yes yes yes
  • #703,313
  • Nov 3, 2022 7:13am Nov 3, 2022 7:13am
Quoting TheWolf
Alright.. so we got 75bps rate hike and all of the members agreeing. Market's reaction? Sell anyway.. If Bailey fails, Pound fails.. In half an hour we will find out if Pound is headed for parity or not.. Easy fellas.. no need to get on train as soon as possible or look for highs, if Bailey fails today you have more than 500 pips in your pocket shorting this pair anyway.. No rush..
Currently listening to Bloomberg and the reporter said someone voted 50, but why is it 9-0-0?
"No trade is still a trade." - Peter Borish
  • #703,314
  • Nov 3, 2022 7:14am Nov 3, 2022 7:14am
Quoting Pat Chiko
{quote} NO, I'm not sure and still a Newbie learning to trade. Reason - trying my luck on news trading. Set up = based on S&R. Trade well.
Same old Pat !!!! Love ya !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #703,315
  • Nov 3, 2022 7:14am Nov 3, 2022 7:14am
Currently below S2..
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  • #703,316
  • Nov 3, 2022 7:15am Nov 3, 2022 7:15am
I am so sick and tired of the dollar. This shit has been going on for a year and a half.
  • #703,317
  • Nov 3, 2022 7:15am Nov 3, 2022 7:15am
...Bailey/press conf to come. 2 x fibs and a prev 30min sw hi = prev res = pot rbs @ the current dly lo which is @ 99.2% of 30day adr.

4hr below
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Trader with an Edge.
  • #703,318
  • Nov 3, 2022 7:15am Nov 3, 2022 7:15am
all in.
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  • #703,319
  • Nov 3, 2022 7:15am Nov 3, 2022 7:15am
Quoting Moty
come on reversal {image}
It will happen during the press conference - remember yesterday : Only in reverse!
...because you never know - until you do!
  • #703,320
  • Nov 3, 2022 7:16am Nov 3, 2022 7:16am
BoE: Majority of MPC Favoured 75 BP Rate Hike Because of Domestic Price Pressure, Fiscal Policy BoE: Majority of MPC Say 75 BP Increase Would Reduce Risk of Extended, Costly Tightening Later

Majority!?

Oh my lands, Pound is dead..
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