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Cable Update (GBPUSD)

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  • Post #726,941
  • Quote
  • Feb 7, 2023 12:49pm Feb 7, 2023 12:49pm
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,064 Posts
Powell is saying nothing new and the market has popped (600) EDIT 950 pts already
Stubborn, often slow but still learning!
 
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  • Post #726,942
  • Quote
  • Feb 7, 2023 12:50pm Feb 7, 2023 12:50pm
  •  2046
  • Joined Jul 2010 | Status: Member | 1,395 Posts
Quoting BeeTogether
Disliked
What on earth is Powell saying? USD tanking!
Ignored
something like.. its not gonna be easy.... and increased interest rates

Inserted Video
 
2
  • Post #726,943
  • Quote
  • Feb 7, 2023 12:51pm Feb 7, 2023 12:51pm
  •  Wavegarrick
  • Joined Sep 2017 | Status: Active | 3,031 Posts
Simply love you Jerry Springer. Or was that powell?
Trade to trade another day
 
4
  • Post #726,944
  • Quote
  • Feb 7, 2023 12:51pm Feb 7, 2023 12:51pm
  •  RedEagle
  • Joined Jan 2015 | Status: Fresh Member | 162 Posts
Quoting RedEagle
Disliked
{quote} I am also thinking same, it may spike up before leaving for ground floor. {image}Regards
Ignored
Respected the level initially and then break (May be to catch some SL and trap the buyers)
Still looking for some short Opportunity with proper criteria.
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Regards
Ahmad Hassan
 
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  • Post #726,945
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  • Feb 7, 2023 12:52pm Feb 7, 2023 12:52pm
  •  Indigo45
  • Joined Nov 2022 | Status: Slow & Steady | 322 Posts
Quoting SnailFX
Disliked
{quote} Holy shit and chickens I'm out! Price 1.20210. Didn't expect this.. I thought this will be "the boring speech".
Ignored
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Powell look's hawkish but markets response is strange...
 
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  • Post #726,946
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  • Feb 7, 2023 12:52pm Feb 7, 2023 12:52pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
Quoting 2046
Disliked
{quote} to evaluate your trade we'd have to know your associated risk...
Ignored
My trade is happy go lucky, what will be will be ...
Soon To Be Temporarily Suspended Again
 
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  • Post #726,947
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  • Feb 7, 2023 12:52pm Feb 7, 2023 12:52pm
  •  SnailFX
  • Joined Jan 2023 | Status: Member | 691 Posts
Quoting 2046
Disliked
{quote} first time?
Ignored
First time what haha?

If I see a spike (which surprises me, because I didn't expect it), and gives me pips, then I am taking them. I don't care if it's the right way or not or what Powell said or not.

Just my take..
 
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  • Post #726,948
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  • Feb 7, 2023 12:53pm Feb 7, 2023 12:53pm
  •  Uru
  • | Joined Jan 2019 | Status: Member | 149 Posts
Where can I find out what this son of a P..(bitch) from Power said? so that these Englishmen could take dynamite out of their ass!!
1
 
  • Post #726,949
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  • Feb 7, 2023 12:56pm Feb 7, 2023 12:56pm
  •  2046
  • Joined Jul 2010 | Status: Member | 1,395 Posts
Quoting SnailFX
Disliked
{quote} First time what haha? If I see a spike (which surprises me, because I didn't expect it), and gives me pips, then I am taking them. I don't care if it's the right way or not or what Powell said or not. Just my take..
Ignored
since you were expecting no mentionable PA and seemed surprised. thought u know the drill
 
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  • Post #726,950
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  • Feb 7, 2023 12:57pm Feb 7, 2023 12:57pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 1,986 Posts
I’m NOT impress with the bulls yet until they go above 1.20846. Above that level I’ll look for buys
If it was easy... Everyone would do it!
 
1
  • Post #726,951
  • Quote
  • Feb 7, 2023 12:58pm Feb 7, 2023 12:58pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 795 Posts
Quoting tradexyz
Disliked
{image} Word of the Day : February 7, 2023 acquiesce we are not sheeple...live in a dictatorship...
Ignored
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Relax, focus and trade what you see. Copyright
 
 
  • Post #726,952
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  • Feb 7, 2023 12:59pm Feb 7, 2023 12:59pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Usdjpy short tp 129.750
 
2
  • Post #726,953
  • Quote
  • Feb 7, 2023 1:00pm Feb 7, 2023 1:00pm
  •  SnailFX
  • Joined Jan 2023 | Status: Member | 691 Posts
Quoting Indigo45
Disliked
{quote}{image} Powell look's hawkish but markets response is strange...
Ignored
Look, in my opinion it is as following.

Gap on USD/JPY is closed today.
We will see how far the Pound will go today vs USD. Once Pound reaches 1.22 or 1.215 this will be my signal to Short again and bet on USD.
Some things have to become true , so I can again throw it on USD.

Hawk yeah, he just admited that if data continues to come in stronger than expected, Fed will raise even more.
Same thing that happened last Wednesday when he spoke, he was also hawkish there, but USD fell. However, as was the last time, we'll see how tommorow will look like.
 
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  • Post #726,954
  • Quote
  • Feb 7, 2023 1:00pm Feb 7, 2023 1:00pm
  •  W0lfram
  • Joined Dec 2020 | Status: Crossed over into the Twilight Zone | 1,321 Posts
to close a gap

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  • Post #726,955
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  • Feb 7, 2023 1:01pm Feb 7, 2023 1:01pm
  •  dempire1
  • Joined Jun 2021 | Status: Newbie Scalper | 754 Posts
Quoting dempire1
Disliked
{quote} Maybe you got it upside down?
Ignored
Oeh well what happend?...
Trade what you see not what you think.
 
2
  • Post #726,956
  • Quote
  • Feb 7, 2023 1:02pm Feb 7, 2023 1:02pm
  •  F.g
  • Joined Aug 2016 | Status: Member | 6,579 Posts
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I only repeat . . . Market knew 4 hours in advance what Jerry would say . .. . . .

Adjusted SL

 
1
  • Post #726,957
  • Quote
  • Feb 7, 2023 1:02pm Feb 7, 2023 1:02pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 1,986 Posts
The H1 candle stoped at exactly 120846. I’m exited!
If it was easy... Everyone would do it!
 
 
  • Post #726,958
  • Quote
  • Feb 7, 2023 1:02pm Feb 7, 2023 1:02pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
...and just one more SHORT for today 1.2080 no sl no tp
Soon To Be Temporarily Suspended Again
 
4
  • Post #726,959
  • Quote
  • Feb 7, 2023 1:02pm Feb 7, 2023 1:02pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,960 Posts
Quoting Whale
Disliked
{quote} I talked to Jay, he told me something like "buy the rumor, sell the fact (later)" do you understand it, i dont.. explain me if you do
Ignored
!
Keep it simple, stupid.
 
4
  • Post #726,960
  • Quote
  • Feb 7, 2023 1:03pm Feb 7, 2023 1:03pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,570 Posts | Online Now
Will short near 121 if we get there. I’m stuck at kids classics event with crap reception
 
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