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Cable Update (GBPUSD)

  • #705,721
  • Nov 9, 2022 9:29pm Nov 9, 2022 9:29pm
Quoting Fardeen1209
US CPI Forecast 7.9% YoY from 8.2% Banks forecast {image}With FED been hawkish on the last FOMC, talking Median Hike in H1 2023 around 4.6% and terminal rate of 5.2% and a Positive real rate target to achieve, even if less than consensus is out today we might see a sell off but for DEC high probability for another 75bps. However, as we know what FED officials said and their target does not correspond with what they do since they are data-driven, there is a chance to puvot 50bps (low probab for a pivot)
Hi! Is there any link where I can directly access these forecasts? Thanks!
"No trade is still a trade." - Peter Borish
  • #705,722
  • Nov 9, 2022 10:15pm Nov 9, 2022 10:15pm
Quoting Whale
One for the night.. {image}
SL hit
  • #705,723
  • Nov 9, 2022 10:29pm Nov 9, 2022 10:29pm
Quoting Lbrto
{quote} Hi! Is there any link where I can directly access these forecasts? Thanks!
https://www.bnnbloomberg.ca/us-infla...play-1.1843804
More time in the market, does not mean you trade better!
  • #705,724
  • Nov 9, 2022 10:30pm Nov 9, 2022 10:30pm
Gbpusd long tp 1.14150. Then short at tp
  • #705,725
  • Edited 11:12pm Nov 9, 2022 10:39pm | Edited 11:12pm
I did not trade big in Asia.

As usual, Asia tried to retrace.

So, I took long trades.

And closed all.

Some 0.45 % done.

Not so happy.
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Intraday only.
  • #705,726
  • Nov 9, 2022 10:43pm Nov 9, 2022 10:43pm
Quoting T721
Markets done. I used to watch this when i was about 9, 50yrs ago. still makes me laugh today https://www.youtube.com/watch?v=kTcRRaXV-fg
So your 69 years now? at what age did you start to trade? Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #705,727
  • Nov 9, 2022 10:51pm Nov 9, 2022 10:51pm
Quoting martinez1
{quote} So your 69 years now? at what age did you start to trade? Cheers
when i was 2, i traded my teddy bear for a chocolate
  • #705,728
  • Nov 9, 2022 10:55pm Nov 9, 2022 10:55pm
Quoting Lbrto
{quote} Hi! Is there any link where I can directly access these forecasts? Thanks!
if you can forecast the next fight with your girl friend over any matter, then and only then trust forecasts written by others on internet
  • #705,729
  • Nov 9, 2022 11:05pm Nov 9, 2022 11:05pm
Quoting Bella.al
{quote} Current Rate : 1.13930. I am + 204 Pips as i write this, today is just continuing of 08.11.2022 Short trade which now has a Trailing of 1.14636 ( +130 Pips Locked ). I expect GBPUSD to hold below 1.14388 Resistance for continuation of down trend in to my price objective of 1.11672 which cannot be seen on the chart ( near Floor Trader Pivots : S2 Level ) -Bella's Blue {image}
Current Rate : 1.14031

It is time for me to also revise my main 1 hour chart with updates . I required 1.42880 break Wednesday ( which i received yesterday ) . On 08.11.2022 i posted next break level for Thursday would be 1.12894 .

Bella's Trend Cycles.

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Goddess of Thunder..
  • #705,730
  • Nov 9, 2022 11:08pm Nov 9, 2022 11:08pm
already crossed 210% for this week, having fun trading my tiny 2700 GBP account
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  • #705,731
  • Nov 9, 2022 11:31pm Nov 9, 2022 11:31pm
Quoting firsttimer
UJ short on my watchlist. any comments? {image}
there is a pattern for usd to go up today
tp 1.13100 for gu
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yes yes yes
  • #705,732
  • Nov 9, 2022 11:37pm Nov 9, 2022 11:37pm
book all usd pairs before us cpi news today for safety if you are trading below h4 time frame
  • #705,733
  • Nov 9, 2022 11:44pm Nov 9, 2022 11:44pm
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yes yes yes
  • #705,734
  • Nov 9, 2022 11:45pm Nov 9, 2022 11:45pm
bull likely continue anyway as minimum target not reached yet > lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #705,735
  • Nov 9, 2022 11:53pm Nov 9, 2022 11:53pm
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yes yes yes
  • #705,736
  • Nov 10, 2022 12:24am Nov 10, 2022 12:24am
Quoting Georginson
Bought 1.1343... target 1.1383... tomorrow is a sell day for me to 1.1270.
Target hit... Now I have sold at 1.1403, target is 1.1270. my stop is 1.1475.
Data + Stat + Risk/Emotions Management
  • #705,737
  • Nov 10, 2022 12:28am Nov 10, 2022 12:28am
Quoting PatienceFx
{quote} when i was 2, i traded my teddy bear for a chocolate
Hahahahahahahahahaha, as funny as that may sound you, it means you started trading at age 2 but not forex at that time.
Still all trading is trading. well done
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #705,738
  • Nov 10, 2022 12:31am Nov 10, 2022 12:31am
Quoting Moty
{quote} In total there were 3 major trades {image}
Moty, Nice to know your becoming better and better everyday. more pips to you
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #705,739
  • Nov 10, 2022 12:33am Nov 10, 2022 12:33am
Quoting Georginson
{quote} Target hit... Now I have sold at 1.1403, target is 1.1270. my stop is 1.1475.
Well done Sir, God bless and more pips you
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #705,740
  • Edited 12:51am Nov 10, 2022 12:33am | Edited 12:51am
Quoting Pat Chiko
{quote} GU Lets play. Back to positive Dance with the price.{image}
Quoting YellowFellow
{quote} no offence, but not a great idea IMHO
YES, I agree.
Not recommended for untrained trader to do this "averaging up" method.
It need understanding of market structure and some fundamental,
If a trader is new, better closed it.

GU : "Live Trade Real Time Only"

Up date position.
Trying to salvage negative position.
Putting up late trade 15 hours ago before going to party...


This morning cash out some position to protect capital ( Partial TP)
Open position balance on positive nett.
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This is rescue plan operation, if trades goes sour.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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