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Cable Update (GBPUSD)

  • #738,121
  • Mar 28, 2023 3:06pm Mar 28, 2023 3:06pm
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Quoting Moty
Let's go bears {image}
Master your mind. Master Trading.
  • #738,122
  • Mar 28, 2023 3:44pm Mar 28, 2023 3:44pm
Quoting donfriday
{quote} if you dont have 100k account you should never trade that Indices somethings are for big boys.
Depends on the broker. Mine allows .01 US30 lots. You can trade it with a 500$ account if you know what you are doing.
Don't compare your trades to others. Most often the masses are the asses
  • #738,123
  • Mar 28, 2023 3:52pm Mar 28, 2023 3:52pm
Quoting alienguy123
{quote} you can say so, it is no wrong, but issue of so called digital coin is non regulated, and due to this a lot scammer using to con money As you can seen even metaverse, the konsep is good but in practical it is joke, and for this joke, FB has spend lot of money and come out so call graphic even worse than year 2008 so called metaverse. Only things i feel it is realistic is AI as chatgpt or lot of AI already show impressive result. Not like those NFT or so called metaverse
I understand. It took me a while to come around myself. Scams are everywhere. Lack of regulation makes MORE business, not less. In the US whenever the Republicans take over they take away regulations. In that vacuum business and even the US30 boom. The lack of regulation will make people flock to it. Not away. If it hits 12000 put 500 on it. You won't regret it.
Don't compare your trades to others. Most often the masses are the asses
  • #738,124
  • Mar 28, 2023 3:58pm Mar 28, 2023 3:58pm
Quoting KareemAliFx
{quote} We are witnessing the death of dollar
?????? Click the little M on your timeframe selector, I think it's the other way around... Unless I'm mistaken... Which is definitely possible..
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  • #738,125
  • Mar 28, 2023 4:26pm Mar 28, 2023 4:26pm
Quoting forexn00b81
{quote} ?????? Click the little M on your timeframe selector, I think it's the other way around... Unless I'm mistaken... Which is definitely possible.. {image}
I think it’s because of the peak of rates and the market pricing in a U.S. recession . Let’s see if dxy will keep getting beat up like the little prick he is
Master your mind. Master Trading.
  • #738,126
  • Mar 28, 2023 4:37pm Mar 28, 2023 4:37pm
Strong support at 1.24463
Start sell or wait?
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E-mail : [email protected]
  • #738,127
  • Mar 28, 2023 5:43pm Mar 28, 2023 5:43pm
Quoting genadi
{quote} I am fine. Bit afraid of what is happening in the world. Big banks of Amerika are struggling. I wonder if 2008 scenario will happen again. With war so close to us. How is Britain? Is economy growing and people are happy?
Hey, how are you?
Stay positive, everything will sort itself out. Normal process, strongest will survive no matter what.
Usuall couse of failure is when business owners /banks spending exceed or is greater then profits, poor money management.
You know this, you work in finance?
Dollar will stay strong, and no way this bugger (lower case p) will take it over. His game plan is clear, we all can't wait for the arrest.

UK is good but not brilliant, waiting for a family members from LT visit this weekend.
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Enjoy
  • #738,128
  • Mar 28, 2023 5:47pm Mar 28, 2023 5:47pm
Sell setup
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  • #738,129
  • Mar 28, 2023 6:06pm Mar 28, 2023 6:06pm
Coinbase had user account security breach, investor protection failed. SEC started investigation ages ago.
No wonder. Many exchanges fail to undergo proper new account identity checks. Con users open accounts under fake names, capital gains not declared, scams happen, identity theft, money laundering is at full speed etc etc.
There are companies which check identity details, but many don't. My exchange requested ID only recently, law forced them to follow the rules to avoid fines. Not sure how is in other countries, Australian companies are regulated too.
Also government can get access to check your ledgers if required.
  • #738,130
  • Mar 28, 2023 6:09pm Mar 28, 2023 6:09pm
Quoting KareemAliFx
{quote} I think it’s because of the peak of rates and the market pricing in a U.S. recession . Let’s see if dxy will keep getting beat up like the little prick he is
Quoting KareemAliFx
{quote} We are witnessing the death of dollar

Hello Kareem.

Thank you for sharing your views on the current status of the US dollar.
It appears that the US dollar is caught between the Federal Reserve's plan for more interest rate hikes and market signals for rate cuts.
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This has resulted in uncertainty in the market, and traders and fund managers are being cautious in their approach.
It seems like the markets and the Federal Reserve are headed in different directions, and only time will tell who was right.
There were saying :dont gfight the FED., now is the time for test.
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The Federal Reserve's target is to maintain 2% inflation, and cutting rates could lead to more inflation, which goes against their goal.
As a result, the Federal Reserve has to keep hiking rates to contain ongoing persistent inflation.

The market has been trying to force the Federal Reserve's hand for eight months now, but it hasn't worked. (for a paused).
The markets got addicted to low-interest rates, and they are not used to rate hikes.

The Federal Reserve needs to pause or at least not cut rates.
The markets seem to care only about high-interest rates, and inflation is not much of a concern for them.

We may start seeing the impact of the Federal Reserve's moves very soon, and inflation is still above trend due to structural reasons outside their control.
The Federal Reserve just can't cut rates; otherwise, the dollar goes to zero, and UST gets no bid.

Currently, the markets have priced in roughly a 50-50 chance of a 25bps rate hike at the Federal Reserve's next meeting in May.
But if the Federal Reserve keeps on hiking, it will bring problems to the banking sector.
As we are seeing, gold is at the $2000 range, and the banking crisis is the cause of gold rising.
Gold remains the market's steadfast safe haven in the face of a banking crisis as the risk of contagion is much more persistent than the market wants to believe.

They seem to be trying to start a narrative that USD dominance ending is a positive outcome.
I don’t think the US dollar is going away any time soon.
Sure competitors may emerge but it will take a long time to usurp it if ever.
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I appreciate our discussion and value your opinions, even if we don't entirely agree on some points.
It's always beneficial to have constructive discussions and exchange different perspectives.
We can learn from each other (not trolling others)and gain a better understanding of the topic at hand.

So, thank you for sharing your thoughts, and I look forward to more fruitful discussions in the future.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #738,131
  • Mar 28, 2023 6:14pm Mar 28, 2023 6:14pm
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  • #738,132
  • Mar 28, 2023 7:11pm Mar 28, 2023 7:11pm
Quoting Pat Chiko
{quote} {quote} Hello Kareem. Thank you for sharing your views on the current status of the US dollar. It appears that the US dollar is caught between the Federal Reserve's plan for more interest rate hikes and market signals for rate cuts. {image} This has resulted in uncertainty in the market, and traders and fund managers are being cautious in their approach. It seems like the markets and the Federal Reserve are headed in different directions, and only time will tell who was right. There were saying :dont gfight the FED., now is the time for...
History tells us that rate hikes can be disastrous for stability of currencies during a recession. Look what happened when the Bundesbank raised the interest rate during the early 1990s after currencies been very stabile. It caused a chain reaction, crashed the Sterling in 1992 and made Italian currency useless.

This is not inflation in a real sense either, it is institutional inflation which forces producers/sellers to raise prices, they got few other options left, everyone in the chain is caught.
If they want to fight inflation, they should fight the institutional component of it. De-regulation and a stop of new regulation is needed.

The government is just like: "Do this, do that!" but everything extra costs money and time, and they are not sponsoring the extra burden.
You have an IQ lower than 90 if you interact with this user.
  • #738,133
  • Mar 28, 2023 7:12pm Mar 28, 2023 7:12pm
Quoting navk
{quote} Short trades closed. well done. Now will again short in Asia. {image}
Droped my idea to short.

The high may break.
Intraday only.
  • #738,134
  • Mar 28, 2023 7:27pm Mar 28, 2023 7:27pm
No trading in Asia today.
Will wait Frankfurt/ Lo
Intraday only.
  • #738,135
  • Mar 28, 2023 7:29pm Mar 28, 2023 7:29pm
Quoting Ferna
{quote} This is not inflation in a real sense either, it is institutional inflation which forces producers/sellers to raise prices,
If its not real inflation we needn't worry, what makes institutional inflation not real
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #738,136
  • Mar 28, 2023 7:46pm Mar 28, 2023 7:46pm
Quoting gettop
Can Anyone here explain why in the world GU is still hanging to 1.2340-1.2350 zone? Does the UK economy being not so solid to cling to this zone OR the Dollar index is hovering to its lows ?

Dollar
Don't compare your trades to others. Most often the masses are the asses
  • #738,137
  • Mar 28, 2023 7:48pm Mar 28, 2023 7:48pm
Quoting OBsayMkMoney
{quote} Dollar
And How is it possible for dollar to take a breather and rebound in this scenario today?
  • #738,138
  • Edited 8:10pm Mar 28, 2023 7:48pm | Edited 8:10pm
Quoting Robinhood1
{quote} Just hve to wait for August. There is a panic cycle coming. How long will it take to reach 1.0300? i don´t know but as i say lets wait for september. I will remind your Quote in capital letters. And how i spend my money is none of your bussness, is it? Desgraciado
forgot about this quotation hahaha. Anyway, short accumulation from 1.2330 to 1.2430. Target 1.1800
POSTMASTER
  • #738,139
  • Mar 28, 2023 7:50pm Mar 28, 2023 7:50pm
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  • #738,140
  • Mar 28, 2023 8:17pm Mar 28, 2023 8:17pm
Quoting Robinhood1
{quote} forgot about this quotation hahaha. Anyway, short accumulation from 1.2330 to 1.2430. Target 1.1800
Will most probably start dropping from where it is now. Instead of SL, accumulation strategy.
POSTMASTER
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