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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Whale
Nice.. {image}
Closed.

Think of going short until end of the year.
will sleep on this idea.
Be kind, the money will follow
Quoting Moty
{image}
Definitely settle for 12340
Quoting TonyTepeli
{quote} You have been here since 2007 damn bro say no more , meet me on ur subscribers list, you are also right buddy merry Christmas
Thanks,
it may test highs again and may go up also just to get retail traders to BUY and then drop the HAMMER this what Big boys do, lke Yellen Just DID,
ts now weird its what they do, that is how they make their money from hitting Retail Traders Stop loss,
Remember its Zero Sum Game, that means Someone's LOSS is your Profit, Don't let your LOSS be Someone else PROFIT. Just survive
https://www.myfxbook.com/members/PipSniper/forex-sentiment/10398378
Algorithm All Time Pips: 3,382
Quoting palpite
add sell = 1.2438
Looking at PA, she want to spike up for LQ.
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Just put SL in case you are shorting.
I come from the future.
Quoting Pat Chiko
{quote} Yeah, same as Obama and Rishi Sunak. Everybody loves Kenya....
My mums home country! Love it there
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Quoting BeeTogether
{quote} My mums home country! Love it there {image}
I'm glad to see my fellow country men here on FF. Kenya a great place. Welcome all. Mursik available in plenty
Quoting Ronnievince
{quote} I'm glad to see my fellow country men here on FF. Kenya a great place. Welcome all. Mursik available in plenty
Good to know Kenya produce lot of great people, like Ivana, Obama, Rishi and many Kenyan runners who dominate marathons worldwide from Rift Valley.

Looking forward to visit Kenya next year in winter.
Is there any snow in Kenya ?
I come from the future.
Quoting Pat Chiko
{quote} Good to know Kenya produce lot of great people, like Ivana, Obama, Rishi and many Kenyan runners who dominate marathons worldwide from Rift Valley. Looking forward to visit Kenya next year in winter. Is there any snow in Kenya ?
maybe up Mount Kenya lol.
Quoting BeeTogether
{quote} maybe up Mount Kenya lol.
I think that's where Kenyan Maraton Runner trained. They get better by training and live in a high-altitude area...
I come from the future.
Same day as cable BALANCE UP DOWN…. Atleast closed the day with profit
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Extreme gut feeling trader
Road to Million All Time Return: -97.1%
What in the world was that...
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I have no clue where it's going
Seema Shah, chief global strategist at Principal Asset Management:

“The Fed still remains coy about the possibility of recession, but with most Fed officials considering risks to be tilted to the downside, it’s fair to say they are far more worried about the economic outlook than they are willing to admit. This should mark the death knell for the most recent bear market rally. Policy rates have already risen 425 bps this year alone, have further to rise, and will not fall next year – and all this information to digest before the inevitable economic recession sets in.”

Is tommorow finally the day this ride up is over? Let's see those rates hikes reactions.. ECB, BOE and SNB. I predict they'll all fall tommorow..
Quoting TheWolf
Seema Shah, chief global strategist at Principal Asset Management: “The Fed still remains coy about the possibility of recession, but with most Fed officials considering risks to be tilted to the downside, it’s fair to say they are far more worried about the economic outlook than they are willing to admit. This should mark the death knell for the most recent bear market rally. Policy rates have already risen 425 bps this year alone, have further to rise, and will not fall next year – and all this information to digest before the inevitable economic...
if rates are not going down anytime soon the USDX should be going up but is going the other way…

tomorrow it’s BoE time potentially 125 on cards
Quoting BeeTogether
{quote} if rates are not going down anytime soon the USDX should be going up but is going the other way… tomorrow it’s BoE time potentially 125 on cards
Rising rates would drive the USDX up unless the US rate is out of step with other global rates. If the global rates are out of step, than currency exchange rates are supposed to be the balancing mechanism.
Dot plot is above market expectations, Powell is hawkish, and yet dollar is lower, and stocks not bothered too much.
This definitely looks like a short squeeze to me, and the money maker may want to extend the rally to at least 1.25 tomorrow (I guess there are stops above 1.245, and more stops above 1.25) before MPC. The UK economy is struggling mightily, and I expect Bailey to be dovish.
Quoting BeeTogether
{quote} if rates are not going down anytime soon the USDX should be going up but is going the other way… tomorrow it’s BoE time potentially 125 on cards
Either 1.25 or this rally is over.. finally. Look at GBP/CAD.. it has to end and tommorow is the perfect chance to give a GOOD retracement to these Weekly Candles..
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Damn. I fell asleep. lol

Price is king indeed.

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Quoting Pat Chiko
{quote} Looking at PA, she want to spike up for LQ.{image} Just put SL in case you are shorting.
Yes, i know. But i want to see the wave B of the chart weekly.

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Together we can be strongest
Quoting palpite
{quote} Yes, i know. But i want to see the wave B of the chart weekly. {image}
B has to come, but for C I'm not so sure of.
I don't see the fundamental reason for C anymore..
Also for trend I look at Monthly for identifying THE TREND. It's Down.
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