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Cable Update (GBPUSD)

  • #740,621
  • Apr 12, 2023 7:40am Apr 12, 2023 7:40am
Quoting BeeTogether
{quote}2pm could send us down like a lead balloon esp with the IMF report
Don't you worry I wont be in any position prior to 2.00. Just want to take this fast money!!!!
Don't trade what you think. Just what you see!!!
  • #740,622
  • Apr 12, 2023 7:41am Apr 12, 2023 7:41am
Quoting ashur123
bagged it. closed my buys a little early but all good. {image}
May i know please what indicator is this?
  • #740,623
  • Apr 12, 2023 7:41am Apr 12, 2023 7:41am
Quoting Phil_GMT
In between trendlines, I think we are in a sell (as we closed below upward trendline) and the bold longer-term downward trendline will break soon. Target 1.2350 {image} *edit the trade: {image}
My BE stop did not hold during news. - 1.5% Loss on the account

Loss, i messed up a break and retest, any way well done to all of you who caught the move.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #740,624
  • Apr 12, 2023 7:42am Apr 12, 2023 7:42am
Quoting Whale
Dxy probably fall below 102 to take the supportive swing low so wait and dont short GU yet another thing, usually IT love to take the price to the limits before big event. the closer limit is 1.25 and the other limit is 1.18.. do the math {image}
dxy.. waiting for long dollar
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  • #740,625
  • Apr 12, 2023 7:43am Apr 12, 2023 7:43am
Quoting ForexGoose
bought 2 lots at 1.246, stop loss under 1.24, target 1.261+ {image}
GBP/USD and EUR/USD should rally today after the inflation data since the market is now pricing in that the FED won't hike at the next meeting
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #740,626
  • Apr 12, 2023 7:43am Apr 12, 2023 7:43am
R1 resisting big time. The news is big and the move a lot smaller… something is cooking up
Insane in the Brain..
  • #740,627
  • Apr 12, 2023 7:43am Apr 12, 2023 7:43am
So, Mr Cable. You've closed out my shorts. Is this a serious offer or are you just posing?

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I have no clue where it's going
  • #740,628
  • Apr 12, 2023 7:44am Apr 12, 2023 7:44am
ouch .
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  • #740,629
  • Apr 12, 2023 7:44am Apr 12, 2023 7:44am
Quoting BeeTogether
Us data weak could mean no more rates rises or a very small one. But things could go Pete Tong as Bailey speaks in 30 mins
The US data came in as expected and shows inflation is still a 'problem' according to the FED.
The FED that lives in a 'stupidity bubble' and believes that higher interest rates will end inflation caused by the increased money supply would continue to increase rates except they are under pressure to end rate increases that may be helping to reduce inflation or limiting the increases somewhat are also having serious 'side effects' on the US and global economy, which when combined with the impact from the US/Ukrainian war against Russia only make the problems worse.
This latest spike suggests a belief that the US won't raise rates as expected. The detail is that if the US doesn't increase rates no one else will either! What we have is simple price manipulation!
  • #740,630
  • Apr 12, 2023 7:45am Apr 12, 2023 7:45am
Quoting ForexGoose
bought 2 lots at 1.246, stop loss under 1.24, target 1.261+ {image}
ambitious
  • #740,631
  • Apr 12, 2023 7:45am Apr 12, 2023 7:45am
Just FOMC minutes today not a big mover usually
Insane in the Brain..
  • #740,632
  • Apr 12, 2023 7:45am Apr 12, 2023 7:45am
Quoting damsak
{quote} Just scalp is done {image} {image} https://youtu.be/xzLFgryyjSk
Exactly as expected GBP just gone up with the news from the exact reverse zone

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I mentioned that this would happened

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  • #740,633
  • Apr 12, 2023 7:46am Apr 12, 2023 7:46am
Cmon GU one more spike to my sell limit..
  • #740,634
  • Apr 12, 2023 7:46am Apr 12, 2023 7:46am
Shorting now,,,, smothing smelly
  • #740,635
  • Apr 12, 2023 7:46am Apr 12, 2023 7:46am
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yes yes yes
  • #740,636
  • Apr 12, 2023 7:47am Apr 12, 2023 7:47am
Quoting Theoak
{quote} Don't you worry I wont be in any position prior to 2.00. Just want to take this fast money!!!!
And out, Now lets wait for Bailey!!!
Don't trade what you think. Just what you see!!!
  • #740,637
  • Apr 12, 2023 7:47am Apr 12, 2023 7:47am
Quoting damsak
{quote} Exactly as expected GBP just gone up with the news from the exact reverse zone {image}{image} I mentioned that this would happened https://youtu.be/xzLFgryyjSk
Just look how exactly reverse from the down reverse point too in the above area
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  • #740,638
  • Apr 12, 2023 7:49am Apr 12, 2023 7:49am
Quoting BeeTogether
Just FOMC minutes today not a big mover usually
go buy yourself a watch
  • #740,639
  • Apr 12, 2023 7:49am Apr 12, 2023 7:49am
Quoting Pat Chiko
{quote} GU CPI Lucky trades {image} Open position is on Positive stop.

do you mind sharing how do you have SL showing on the chart but on account history no SL setup?
MY OPINION NOT FINANCIAL ADVISE
  • #740,640
  • Apr 12, 2023 7:51am Apr 12, 2023 7:51am
Quoting BeeTogether
{quote}2pm could send us down like a lead balloon esp with the IMF report
So tempted to short this before Bailey.
Don't trade what you think. Just what you see!!!
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