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Cable Update (GBPUSD)

  • #725,301
  • Feb 1, 2023 11:35am Feb 1, 2023 11:35am
Gbpusd is not finished dropping
  • #725,302
  • Feb 1, 2023 11:36am Feb 1, 2023 11:36am
Long 1.23 (stop risk 45pips) tp 1.25
  • #725,303
  • Feb 1, 2023 11:36am Feb 1, 2023 11:36am
Since i have posted the chart its been dong as indicated
  • #725,304
  • Feb 1, 2023 11:42am Feb 1, 2023 11:42am
add buy - 1.2297
Together we can be strongest
Vantage Return This Month: -97.0%
  • #725,305
  • Feb 1, 2023 11:47am Feb 1, 2023 11:47am
Quoting FederalTrade
Gbpusd is not finished dropping
Best case to 1.2250
worst case to 1.2197
More time in the market, does not mean you trade better!
  • #725,306
  • Feb 1, 2023 11:50am Feb 1, 2023 11:50am
*** NEWS ***

WHY DIDN'T I HEAR ABOUT THIS? I would have definitely not traded Pound if I knew about this... oh man..

Up to half a million workers strike across U.K.

Inserted Video
  • #725,307
  • Feb 1, 2023 11:55am Feb 1, 2023 11:55am
1 hour for the red news. I'll close the trades before.


Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 2 KB
Together we can be strongest
Vantage Return This Month: -97.0%
  • #725,308
  • Feb 1, 2023 11:56am Feb 1, 2023 11:56am
Long term-premium is 1.1920...1.2007 view my chart posted
  • #725,309
  • Edited 12:16pm Feb 1, 2023 12:00pm | Edited 12:16pm
Quoting SnailFX
*** NEWS *** WHY DIDN'T I HEAR ABOUT THIS? I would have definitely not traded Pound if I knew about this... oh man.. Up to half a million workers strike across U.K. https://www.youtube.com/watch?v=ygbXzNWBOSs
So thats ehy eu on top and GU swimming

__________update
12 minutes later
Closing remaining sheet!!
Even though i think it will pump before dump. Passing my BE point But no but . . .
Safety first
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023_0202_011251.jpg Size: 41 KB
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #725,310
  • Feb 1, 2023 12:00pm Feb 1, 2023 12:00pm
Quoting SnailFX
*** NEWS *** WHY DIDN'T I HEAR ABOUT THIS? I would have definitely not traded Pound if I knew about this... oh man.. Up to half a million workers strike across U.K. https://www.youtube.com/watch?v=ygbXzNWBOSs
What do you think about Pres. Biden bragging how he is bringing jobs to the US! What he isn't saying is that the jobs are coming from all over Europe as a result of the US/Ukraine war with Russia and the various problems this is causing businesses in Europe. Good old Dementia Joe the snake charmer!
  • #725,311
  • Feb 1, 2023 12:01pm Feb 1, 2023 12:01pm
Spreads about to get pretty ridiculous in the next hour.
Would hate to be a BEAR when that happens.
But BULLS don't got nothing to worry about, I guess.
***The storm is coming***
  • #725,312
  • Feb 1, 2023 12:02pm Feb 1, 2023 12:02pm
Quoting Fardeen1209
{quote} Best case to 1.2250 worst case to 1.2197
Fardeen1209, and one between @1.2220...
Always trade your own plan...I don't provide trading signals.
  • #725,313
  • Feb 1, 2023 12:12pm Feb 1, 2023 12:12pm
Quoting dantpm
{quote} What do you think about Pres. Biden bragging how he is bringing jobs to the US! What he isn't saying is that the jobs are coming from all over Europe as a result of the US/Ukraine war with Russia and the various problems this is causing businesses in Europe. Good old Dementia Joe the snake charmer!
Honestly, listening to him makes me forget what he said.. haha

Same old Joe I guess..
  • #725,314
  • Feb 1, 2023 12:14pm Feb 1, 2023 12:14pm
Quoting BrainBucks
Spreads about to get pretty ridiculous in the next hour. Would hate to be a BEAR when that happens. But BULLS don't got nothing to worry about, I guess. ***The storm is coming***
You believe that GU bulls will be immune, I am not sure. Algo's will probably try to make everyones life miserable!
  • #725,315
  • Feb 1, 2023 12:15pm Feb 1, 2023 12:15pm
Quoting Elysion
{quote} You should look for long soon, can be a retracement or a reversal. 1.23 is still looking like a resistance.
I do expect buy on rate hike, but short after that. I won't bother buying Pound, especially now that I know what's happening in the UK. Maybe I'll short if we get some decent buy on rate hike. GL!
  • #725,316
  • Feb 1, 2023 12:15pm Feb 1, 2023 12:15pm
Live video feed for Powells' speech:

https://www.federalreserve.gov/live-broadcast.htm
  • #725,317
  • Feb 1, 2023 12:16pm Feb 1, 2023 12:16pm
12200 set as my TP for shorts. Long will be on swing upto 125. I would prefer a bigger drop to below 120 but can’t see it happen just yet. BoE maybe tomorrow might help the bears not sure
Insane in the Brain..
  • #725,318
  • Feb 1, 2023 12:16pm Feb 1, 2023 12:16pm
OK. Final follow-up to my GBPJPY trades, earlier here.

Close two trades on GBPJPY, now only two active positions remain. On the other, I think I'll keep my one USDJPY short trade into FOMC.

On USDJPY, there're two ways out: One, I hold it until USD weakens, if Fed sends dollar up, or; Two, I just neutralise that position by adding another trade half way between the two, also if dollar strengthens. We'll see. Either way, yen has the tendency to strengthen over time, so I'm not too concern with holding it for weeks down the road. I can live with that.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYH1+20230201+1808.png Size: 8 KB
Click to Enlarge Name: PL21_2023-02-01_JPY.png Size: 4 KB
  • #725,319
  • Feb 1, 2023 12:16pm Feb 1, 2023 12:16pm
Quoting palpite
buy - 1.2309
Quoting palpite
add buy - 1.2297

trades closed - 1.2310
Together we can be strongest
Vantage Return This Month: -97.0%
  • #725,320
  • Feb 1, 2023 12:19pm Feb 1, 2023 12:19pm
Quoting palpite
{quote} {quote} trades closed - 1.2310
Slap me when price come to high 1.2340ish.
So i can remember this happened today
Want to slepp but i need to see yoyo today
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
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