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Cable Update (GBPUSD)

  • #713,181
  • Dec 10, 2022 9:30am Dec 10, 2022 9:30am
And now that you´ve all had some nice lessons join me on Abook and lets fight back
POSTMASTER
  • #713,182
  • Dec 10, 2022 9:52am Dec 10, 2022 9:52am
BTC. Lets see if we can reach 17500
POSTMASTER
  • #713,183
  • Dec 10, 2022 9:53am Dec 10, 2022 9:53am
and this is it for now fellow traders
POSTMASTER
  • #713,184
  • Dec 10, 2022 9:59am Dec 10, 2022 9:59am
Quoting Robinhood1
{quote} PC. Now I remember why 8640 specifically. The common denominator 6 links us to geometry. 6 x 60 = 360, a circle. In fact, 6 was the basis of mathematics thousands of years ago. I suppose that the pyramids were built taking into account this number. If we multiply 1440 minutes that a day has by 6 we get 8640. The decimal system has been a delay and even so we have advanced. Imagine with the 6
Very insightful.

Thank you.
  • #713,185
  • Dec 10, 2022 10:02am Dec 10, 2022 10:02am
Quoting Bainbrito
GBPUSD should remain bullish for the near future and possibly medium future - 1.3 in sight, this area is a 'fair price zone' or volume Point of Control where cable was balanced for a significant time, I think we are almost certain to reach it although a retrace seems overdue, 5 consecutive bull weeks, however this last week has printed an inside bar which to me looks prime to break out in a new uptrend. {image} This view is supported by the indices, DXY in a downtrend, BXY in an uptrend. {image}{image}
fantastic insights, U have grown as a trader i feel
  • #713,186
  • Dec 10, 2022 11:34am Dec 10, 2022 11:34am
Fifa:
Portugal out
Morocco advanced to semi finale
More time in the market, does not mean you trade better!
  • #713,187
  • Dec 10, 2022 11:44am Dec 10, 2022 11:44am
Quoting Fardeen1209
Fifa: Portugal out Morocco advanced to semi finale
a very interesting World Cup, world cup & europian winners are OUT and Croatia & Morocco are black horses in the semi.
I would not be surprised if the final between Croatia vs Morocco
"the public is not yet ready for it" W.D. GANN
  • #713,188
  • Dec 10, 2022 12:21pm Dec 10, 2022 12:21pm
Quoting BeeTogether
{quote} Does mean rates will go up further which the markets like.
I guess it means increase rate is not having the desired effect of bring down inflation but starting to hurt ecomony
  • #713,189
  • Dec 10, 2022 12:35pm Dec 10, 2022 12:35pm
Too many powerful fundamentals lined up for next week, most notable is the US CPI for Tuesday, which usually produces 250 - 350 pips movement.

1.19 or 1.25 next week? The big question is which will happen? The bulls are already showing signs of exhaustion which may limit the bull run to 1.2460, in that case a sharp drop may begin.

Caution is needed for next week.
Data + Stat + Risk/Emotions Management
  • #713,190
  • Dec 10, 2022 12:54pm Dec 10, 2022 12:54pm
Quoting Fardeen1209
Fifa: Portugal out Morocco advanced to semi finale
Disgrace..

i can't watch the anti football style.

my eyes on France now.
  • #713,191
  • Dec 10, 2022 1:05pm Dec 10, 2022 1:05pm
Quoting Robinhood1
and this is it for now fellow traders

Are you a fan of monologues?
  • #713,192
  • Dec 10, 2022 1:50pm Dec 10, 2022 1:50pm
Interesting game as expected.. let's see the 2nd half.

As for Croatia, when they play their best, there is no team that can stop them..

We were in finals 2018.. don't know why people think we aren't that good.. LoL

Croatia through history was always a nightmare to play against. We play better vs better teams.
  • #713,193
  • Dec 10, 2022 2:04pm Dec 10, 2022 2:04pm
Quoting Georginson
Too many powerful fundamentals lined up for next week, most notable is the US CPI for Tuesday, which usually produces 250 - 350 pips movement. 1.19 or 1.25 next week? The big question is which will happen? The bulls are already showing signs of exhaustion which may limit the bull run to 1.2460, in that case a sharp drop may begin. Caution is needed for next week.
I think USD/CHF will rise at the beginning of the week, this rise may be triggered by the news, but it will definitely rise.
an expected rise in USD/CHF can help predict the movement of GBP/USD.
H1.
  • #713,194
  • Dec 10, 2022 2:08pm Dec 10, 2022 2:08pm
Finally watching a game where players can actually shoot properly without ball flying 35m above goal..
  • #713,195
  • Dec 10, 2022 2:08pm Dec 10, 2022 2:08pm
Quoting Georginson
Too many powerful fundamentals lined up for next week, most notable is the US CPI for Tuesday, which usually produces 250 - 350 pips movement. 1.19 or 1.25 next week? The big question is which will happen? The bulls are already showing signs of exhaustion which may limit the bull run to 1.2460, in that case a sharp drop may begin. Caution is needed for next week.
You make a good point G, busy week coming up re historically (red flag symbol on this site) fundie event risks in the form of Uk Gdp, and U.s and Uk cpi, as well as Fed and Boe rates, retail sales etc. These could well have an impact on where price will close at end of the week. Technically there are as you suggest some signs of the current bull run reaching exhaustion, at least for now, but any one of these red flag events could see a big move either way.
Trader with an Edge.
  • #713,196
  • Dec 10, 2022 2:12pm Dec 10, 2022 2:12pm
Saka is insanely good..
  • #713,197
  • Dec 10, 2022 2:15pm Dec 10, 2022 2:15pm
Quoting TheWolf
Saka is insanely good..
Damn this is a good game.. was watching Portugal today and almost fell asleep..
  • #713,198
  • Dec 10, 2022 3:00pm Dec 10, 2022 3:00pm
I guess history could repeat itself: Croatia - France Finals..
  • #713,199
  • Dec 10, 2022 3:18pm Dec 10, 2022 3:18pm
Quoting TheWolf
I guess history could repeat itself: Croatia - France Finals..
What a disappointment
Tense game I would say, didn't like purpose fauls.
Referee was clearly against England.

To the next one Croatia verse Marocco.
  • #713,200
  • Dec 10, 2022 3:19pm Dec 10, 2022 3:19pm
Quoting TheWolf
I guess history could repeat itself: Croatia - France Finals..
that would be a wonderful final
Hopefully Croatia wins this time
in wondering about yourself, you forgot what you came here to be part of
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