Cable Update (GBPUSD)

Quoting Fix-it

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I don't know what's going on this week. so far i have not made any Pips , and this morning i am still 20 pips in loss. i think it should give me some profit today. I am in long from 1.2459, i think it will hit 1.2400.

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Quoting MrFanciful

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I was listening to the latest Palisades Gold Radio podcast this morning and the guy on it was talking about his research into historical US government debt. He's found that on average, US gov debt doubles approximately every 8 years. A number of years ago he also predicted $40 trillion of debt very soon and everyone thought he was crazy, but here we are at $32 trillion. He pointed out that the interest payments on $40 trillion debt at 5% (because the debt can't be repaid they have to roll it over to the current interest rates) would take up 50%...

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Quoting MrFanciful

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I was listening to the latest Palisades Gold Radio podcast this morning and the guy on it was talking about his research into historical US government debt. He's found that on average, US gov debt doubles approximately every 8 years. A number of years ago he also predicted $40 trillion of debt very soon and everyone thought he was crazy, but here we are at $32 trillion. He pointed out that the interest payments on $40 trillion debt at 5% (because the debt can't be repaid they have to roll it over to the current interest rates) would take up 50%...

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Quoting Ferna

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{quote} Aha! So this is another reason they are trying to force CBDC on us? sounds very reasonable. But what has owning nothing for us average citizens to do with it? They using our homes/what we own as collateral to back up their worthless currency? only slave nations to the U.S will have its citizens give up their ownership to the state?

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Quoting Kizrr

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any tips on how to not to close position too early?

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Quoting ScalaFX

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Buy EU 0750 now, GU 2375 will add more if come down till 0700, GU 2330

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Quoting T721

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{quote} If your in the US i would make sure your bank is solvent enough to withstand a run. Many US banks wil go Titsup imo, i think weve only seen the start of it. Most banks dont have the liquidity to withstand a run. Just be careful with your savings pal

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Quoting MrFanciful

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{quote} And JP Morgan will only be too happy to snap up those assets on the cheap, ensuring the US goes down the path of Europe with just very massive banks rather than regional ones. Remember when you had to go to the bank to see the Bank Manager when you wanted a loan/mortgage. Now you do it via an AI chatbot.

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Quoting Kizrr

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any tips on how to not to close position too early?

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Quoting T721

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{quote} Really depends on what type of trader you are, Swing, Day or scalper. Not one size suits all

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Quoting BeeTogether

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{quote} that’s down to risk management. I don’t use a SL except when over 30 pips in profit then I add SL at b/e

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Quoting Kizrr

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{quote} How do I find out what type of trader I am? I would say scalper

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Quoting Moty

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dxy you mf ,you falsed break My running loss for live positions is 146$ Daily closed trade's profit for today is 149 $ So i am still in profit alltought i made a stupit entry for long without conformation or sl {image}

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Quoting ScalaFX

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Buy EU 0750 now, GU 2375 will add more if come down till 0700, GU 2330

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