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Cable Update (GBPUSD)

  • #728,661
  • Feb 14, 2023 5:45am Feb 14, 2023 5:45am
Quoting cchin
My positions on GBPJPY and USDJPY so far. Went out for dinner after London close yesterday, so didn't manage to post these charts here. I know there'll be questions: Will yen weaken so much that both pairs go against my direction? Sure. Do I concern? No. Now, the key reason I went in with massive shorts, have to do with two things: 1/ volatility on JGB, hence possible repricing on yen; and 2/ the suppose weakness on Sterling in coming quarters. On to CPI. I don't really care if it's 6% or 7% headline. The BLS, same agency that published NFP, now...
Hi cchin, what's your views on the nomination of Kazuo Ueda as the next Bank of Japan Governor? Early statements from him suggests that Japan intends to stick with their loose monitory policy, and that will translate into pain for the Yen long term. Good luck with your trades, we are in for heavy volatility into month-end.

An aside, nice to see there's another trader who monitors JGB, I keep an eye on bonds as well.

Guy
  • #728,662
  • Feb 14, 2023 5:55am Feb 14, 2023 5:55am
Definitely will add Short at 1.224.
See you on NYO!

Considering the Buy, this will be very strong dump.
  • #728,663
  • Feb 14, 2023 5:57am Feb 14, 2023 5:57am
Quoting Waveskierrob
Where's ninner he promised me the GU bus was going downtown and I've only purchased a one way ticket...

Oh right, he did promised, i already forgot

As always, chickens are hiding when they are wrong

I'm so dissapointed in this kind of behaviour. It's like what kind of person you are if you do things like that? Something to think about...
How to succeed in zero sum game?
  • #728,664
  • Feb 14, 2023 5:59am Feb 14, 2023 5:59am
It will drop till 1,2135 at least.
  • #728,665
  • Feb 14, 2023 5:59am Feb 14, 2023 5:59am
Quoting Pat Chiko
{quote} Since I cannot locate him, have to hang on to this mug until he appear again in this thread. My gift for him on Valentine day.....{image}
need some sparErow change... sparrow and mug recycle together hello what fever...transvestite SEKA
  • #728,666
  • Feb 14, 2023 6:01am Feb 14, 2023 6:01am
How did you like my bedtime story people?

I will post another one today.
  • #728,667
  • Feb 14, 2023 6:03am Feb 14, 2023 6:03am
Quoting dempire1
{quote} Oh right, he did promised, i already forgot As always, chickens are hiding when they are wrong I'm so dissapointed in this kind of behaviour. It's like what kind of person you are if you do things like that? Something to think about...
Yes, I'm well underwater with my GU trades but accepting that my magic coin was wrong (so far) is the key, most are happy and full of it when things go their way, but the real strength is when you can smile and have a joke when underwater
  • #728,668
  • Feb 14, 2023 6:05am Feb 14, 2023 6:05am
Quoting Waveskierrob
{quote} Yes, I'm well underwater with my GU trades but accepting that my magic coin was wrong (so far) is the key, most are happy and full of it when things go their way, but the real strength is when you can smile and have a joke when underwater
True! If it goes down I'll be all over it buhahahah.
If it doesn't, well..

I might be wrong? Hahahaha
  • #728,669
  • Feb 14, 2023 6:09am Feb 14, 2023 6:09am
I'm short too. Waiting final result comes out
  • #728,670
  • Feb 14, 2023 6:13am Feb 14, 2023 6:13am
For those waiting for a dump, if it happens it most likely will be bought back up very quickly. My reason is the stays in the pictute below. The herd is selling. It can only keep going down if this rise was enough to have crushed sellers.
Attached Image (click to enlarge)
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  • #728,671
  • Feb 14, 2023 6:15am Feb 14, 2023 6:15am
Squeezer mf
Attached Image (click to enlarge)
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yes yes yes
  • #728,672
  • Feb 14, 2023 6:18am Feb 14, 2023 6:18am
Quoting Traderview
Volatility zone .1.2165 - 1.2265. Sell from 1.2215 - 1.2254. 50sma on weekly 1.2118. If this gets broken then i'd say hello to 200sma on daily 1.1940. {image} {image}
Update: Morning and Now
The price touched 1.2215 and reacted. Watchout the mentioned prices on the chart.
Attached Image(s) (click to enlarge)
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  • #728,673
  • Feb 14, 2023 6:30am Feb 14, 2023 6:30am
Quoting Robinhood1
{quote} eurgbp Strong support around 0.8770/90
POSTMASTER
  • #728,674
  • Feb 14, 2023 6:32am Feb 14, 2023 6:32am
Quoting dempire1
{quote} Oh right, he did promised, i already forgot As always, chickens are hiding when they are wrong I'm so dissapointed in this kind of behaviour. It's like what kind of person you are if you do things like that? Something to think about...
He need a pat... (not me).... pat on the back...
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #728,675
  • Feb 14, 2023 6:34am Feb 14, 2023 6:34am
Quoting Erto
Blue bulls {image}
Happy CPI valentines day
I'm enjoying the wins because I was once terrified by loses
  • #728,676
  • Feb 14, 2023 6:40am Feb 14, 2023 6:40am
Will take a hit at 123 if it gets there. No signs of the bears waking up yet.

could be a bear massacre
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Insane in the Brain..
  • #728,677
  • Feb 14, 2023 6:42am Feb 14, 2023 6:42am
Bear in mind majority of the traders are selling $
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I'm enjoying the wins because I was once terrified by loses
  • #728,678
  • Edited 6:57am Feb 14, 2023 6:43am | Edited 6:57am
Knight Day shift no bounderies sun never sets...
1011
9:51:04 am BRT



Attached Image (click to enlarge)
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  • #728,679
  • Feb 14, 2023 6:47am Feb 14, 2023 6:47am
Quoting Erto
Bear in mind majority of the traders are selling $ {image}
Noted.
  • #728,680
  • Feb 14, 2023 6:48am Feb 14, 2023 6:48am
Quoting Erto
Bear in mind majority of the traders are selling $ {image}
I have read in a couple of places that less than 60% is not a confirmation of bias...
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