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Cable Update (GBPUSD)

  • #705,921
  • Nov 10, 2022 7:34am Nov 10, 2022 7:34am
Quoting Pat Chiko
{quote} GU CPI One spike please........{image}
GU

Partial TP on CPI Data release.

2nd TP coming up to get hit too...
Attached Image (click to enlarge)
Click to Enlarge Name: gu 002.jpg Size: 209 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,922
  • Nov 10, 2022 7:34am Nov 10, 2022 7:34am
is it positive more rate hike because of bad data today?
  • #705,923
  • Nov 10, 2022 7:35am Nov 10, 2022 7:35am
Quoting JayBag
Trade No 7 GBPUSD Should price shoot above that red thingy and stays above it, I am afraid that's a green light for lazy Lee to the moon. Let's see how it pans out Cheers {image}
To the Moon I guess.
  • #705,924
  • Nov 10, 2022 7:36am Nov 10, 2022 7:36am
Quoting Pat Chiko
{quote} GU CPI One spike please........{image}
Ha ha you've got your spike well done
  • #705,925
  • Nov 10, 2022 7:38am Nov 10, 2022 7:38am
All out and boom! Now waiting for a breather and maybe try a short in a bit
Insane in the Brain..
  • #705,926
  • Nov 10, 2022 7:39am Nov 10, 2022 7:39am
trust the process children
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  • #705,927
  • Nov 10, 2022 7:39am Nov 10, 2022 7:39am
Quoting Geriliel
is it positive more rate hike because of bad data today?
More the opposite, means the rate rises have worked in the favour brining inflation down. Also means next move maybe no rate rise or a smaller one.
Insane in the Brain..
  • #705,928
  • Nov 10, 2022 7:40am Nov 10, 2022 7:40am
Quoting TonyTepeli
Hello folks i guess science is full of uncertainty and so forex.... Buh will today CPI data come +/- I think i am gonna go with (-)..... because if it comes ,+ we will need another 75bps hike. Will fed afford that with the current crisis?? I don't think so ....... I see bullish move on higher alert...... So I'll just time the data buy Gu and live happily ever after trade safe everyone...... However if PA will be some few pips above 1.14128 & 1.14012 before news release I'll consider this setup invalid....well...
I meant happily ever after
Attached Image (click to enlarge)
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good lucky everyone...am out for today
With regards
Tony
I live in the future
  • #705,929
  • Nov 10, 2022 7:41am Nov 10, 2022 7:41am
free money babyyyyyyyyy lets gooooooooooo
  • #705,930
  • Nov 10, 2022 7:41am Nov 10, 2022 7:41am
wow... 1 stick up to 150 pips... what a spike... even fomc and nfp not this strong...
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  • #705,931
  • Nov 10, 2022 7:41am Nov 10, 2022 7:41am
Quoting elude
{image} GU, buy limit 1.13360; SL 1.2990 (37 pips); TP 1.14640 (128 pips) Not for trade copy. Copying this for trading, the risk is yours.
Canceled
  • #705,932
  • Nov 10, 2022 7:42am Nov 10, 2022 7:42am
Quoting Pat Chiko
{quote} GU Partial TP on CPI Data release. 2nd TP coming up to get hit too...{image}
GU

2nd target hit.
Wait for pull back and retest.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 003.jpg Size: 264 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,933
  • Nov 10, 2022 7:42am Nov 10, 2022 7:42am
Quoting TwFXtrader
free money babyyyyyyyyy lets gooooooooooo
LOL
Attached Image (click to enlarge)
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  • #705,934
  • Nov 10, 2022 7:42am Nov 10, 2022 7:42am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 14 KB
Attached Image (click to enlarge)
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yes yes yes
  • #705,935
  • Nov 10, 2022 7:44am Nov 10, 2022 7:44am
Maybe 11640 today?
Insane in the Brain..
  • #705,936
  • Nov 10, 2022 7:45am Nov 10, 2022 7:45am
7.7% it is. Core 6.3%. More job claims this week apparently.

They want a slower job market, they will get it. Then, loosening talk can start. Before that, slowing down hikes. Powell may claim, we won't be looking at one particular data point, continuing hawkish tone, but market will likely not buying it.

On price, we might see a repeat of last Friday's move after NFP. The spike.

I'll let it rise. I'll come back two hours later. For the meantime, going to load up some crypto, then go shopping.
  • #705,937
  • Nov 10, 2022 7:45am Nov 10, 2022 7:45am
WOOOOOOOOOOOOOOOOOOOOW, it went up.
i did say they were waiting ..
Hope you guys are ok.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #705,938
  • Nov 10, 2022 7:47am Nov 10, 2022 7:47am
Well, there's gotta be a retrace of at least 100 pips somewhere around here sooner or later
  • #705,939
  • Nov 10, 2022 7:47am Nov 10, 2022 7:47am
jackpot for buyer
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #705,940
  • Nov 10, 2022 7:48am Nov 10, 2022 7:48am
CLosed 50%! letting the rest, have a rest on the moon

Cheers
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