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Cable Update (GBPUSD)

  • #738,141
  • Mar 28, 2023 8:17pm Mar 28, 2023 8:17pm
stoploss set
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  • #738,142
  • Mar 28, 2023 8:23pm Mar 28, 2023 8:23pm
Quoting Robinhood1
{quote} Will most probably start dropping from where it is now. Instead of SL, accumulation strategy.
yes..its double top daily chart from 1.2430
  • #738,143
  • Mar 28, 2023 8:27pm Mar 28, 2023 8:27pm
The central bank only influences interest rates, but the free market prices actual interest rates.
So if inflation is not lowered substantially, interest rates will go up no matter what the FED do next apart from QE intervention.
You only need to look at last year when UK interest rates spiked without any rate move from the BoE.
The point is, while it looks like the central bank is in control, its actual data that forces rates up.
If the FED went against the data, they would lose unless they started printing again.

There is no option but to raise rates and look like you are serious or lose control, like Turkey, as the recent example.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #738,144
  • Mar 28, 2023 8:35pm Mar 28, 2023 8:35pm
Quoting voeltoez
{quote} yes..its double top daily chart from 1.2430
oh no its tripple top..
  • #738,145
  • Mar 28, 2023 8:39pm Mar 28, 2023 8:39pm
Quoting Robinhood1
{quote} Will most probably start dropping from where it is now. Instead of SL, accumulation strategy.
3 wave strategy. Might post again when at 1.1800

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POSTMASTER
  • #738,146
  • Mar 28, 2023 8:45pm Mar 28, 2023 8:45pm
BOS or not
A HH is formed coming from a HL- 4hr tf

Edit:
The distance between 2 HHs are getting shorter, bearish structure sign, imo.
More time in the market, does not mean you trade better!
  • #738,147
  • Mar 28, 2023 9:08pm Mar 28, 2023 9:08pm
Goldman Sachs targets GBP/USD at 1.19 in 6-months
  • #738,148
  • Mar 28, 2023 9:12pm Mar 28, 2023 9:12pm
Quoting tradexyz
Goldman Sachs targets GBP/USD at 1.19 in 6-months
wow thats bullish
Master your mind. Master Trading.
  • #738,149
  • Mar 28, 2023 9:14pm Mar 28, 2023 9:14pm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #738,150
  • Mar 28, 2023 9:29pm Mar 28, 2023 9:29pm
Quoting JereMi256
{quote} short @1.2345 Pending limits @1.2360 SL 1.2373 {image}
BE set,
Pending limits deleted.
Face 'ur fears & tame 'ur greed
  • #738,151
  • Mar 28, 2023 10:38pm Mar 28, 2023 10:38pm
Quoting navk
{quote} Droped my idea to short. The high may break.
Maybe
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  • #738,152
  • Edited 11:21pm Mar 28, 2023 10:44pm | Edited 11:21pm
Quoting JereMi256
{quote} short @1.2345 Pending limits @1.2360 SL 1.2373 {image}
Closed +18pips
Face 'ur fears & tame 'ur greed
  • #738,153
  • Mar 29, 2023 12:35am Mar 29, 2023 12:35am
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yes yes yes
  • #738,154
  • Mar 29, 2023 12:38am Mar 29, 2023 12:38am
targeting 2297 and 2210 , if not 2150 yet as still top ranging may this this week! now reakout at 2316 , last leg low low 2280/ signal . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #738,155
  • Mar 29, 2023 12:48am Mar 29, 2023 12:48am
ongoing..all sl to be
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  • #738,156
  • Mar 29, 2023 12:59am Mar 29, 2023 12:59am
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  • #738,157
  • Mar 29, 2023 1:02am Mar 29, 2023 1:02am
Quoting OBsayMkMoney
{quote} 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.
thx for your advice, will take note on it
  • #738,158
  • Mar 29, 2023 1:08am Mar 29, 2023 1:08am
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yes yes yes
  • #738,159
  • Mar 29, 2023 1:11am Mar 29, 2023 1:11am
Quoting Georginson
Sold 1.2330... target 1.2265... Second sell limit at 1.2355
Exited 1.2315.... +15 pips...
Data + Stat + Risk/Emotions Management
  • #738,160
  • Mar 29, 2023 1:12am Mar 29, 2023 1:12am
Long 1.2314 SL 1.2300
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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