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Cable Update (GBPUSD)

  • #774,741
  • Sep 14, 2023 10:18am Sep 14, 2023 10:18am
Quoting eyefeelsix
{quote} in that case H&S is on underground not in the air
As long as it worked, why questioned it?
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More time in the market, does not mean you trade better!
  • #774,742
  • Sep 14, 2023 10:19am Sep 14, 2023 10:19am
Quoting dantpm
{quote} If the economy is already slowing, raising rates accelerates the slowing hurting the economy unnecessarily. The EU team is every bit as bright as the FED!
haha they are much like their counterparts only EU is always late to the party I find
Master your mind. Master Trading.
  • #774,743
  • Sep 14, 2023 10:25am Sep 14, 2023 10:25am
Quoting Fardeen1209
{quote} As long as it worked, why questioned it? {image}
and you will not find that technique on the google or internet "underground head and shoulders / quasimodo"
https://breakpullback.com
  • #774,744
  • Sep 14, 2023 10:28am Sep 14, 2023 10:28am
Quoting dantpm
{quote} Fardeen, your explanation above makes sense. Now with an unexpected rate increase, if the market reacted to the rate increase in a rational manner the price of the EU should have risen. It fell hard. Higher rates typically curb inflation and attract savings instead of lending to support economic expansion as you pointed out. Higher rates tend to strengthen the currency. This is the whole reason that the FED is so bent out of shape about 2% inflation when they double the deficit!
Lagarde Hawkish Speech treated as Dovish
Why?
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More time in the market, does not mean you trade better!
  • #774,745
  • Sep 14, 2023 10:31am Sep 14, 2023 10:31am
Quoting T721
{quote} EU needs to get above green dotted resistance line ... keeps toying with it {image}
i need zoom with you.


i want to learn more u make magic calls
MY OPINION NOT FINANCIAL ADVISE
  • #774,746
  • Sep 14, 2023 10:33am Sep 14, 2023 10:33am
Hello. What is happening?
US doing well it seems.
Back to 124, entered long one more time. FTSE back to 77, profit taken.
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  • #774,747
  • Sep 14, 2023 10:36am Sep 14, 2023 10:36am
Quoting donfriday
{quote} i need zoom with you. i want to learn more u make magic calls
tonight if you want.. can do zoom about 9pm UK if you are free
  • #774,748
  • Sep 14, 2023 10:36am Sep 14, 2023 10:36am
Quoting Fardeen1209
{quote} Lagarde Hawkish Speech treated as Dovish Why?{image}
it was priced in... that's the only explanation you can use to be always right analyzing after the fact. It's TV experts' favored twist after their prediction goes sideways.
Always trade your own plan...I don't provide trading signals.
  • #774,749
  • Sep 14, 2023 10:38am Sep 14, 2023 10:38am
Quoting Fardeen1209
{quote} Lagarde Hawkish Speech treated as Dovish Why?{image}
At least Powell says that we will continue to review the data and adjust rates accordingly suggesting that it is a professional process and he is part of a professional team. Lagarde comes across as the wrong person for the job or lacking the appropriate skills (leadership, civil, management, negotiating) for the job or however else you want to say it!
  • #774,750
  • Sep 14, 2023 10:40am Sep 14, 2023 10:40am
Dx , gap closed
Bow can we go to the dropping part ?
yes yes yes
  • #774,751
  • Sep 14, 2023 10:40am Sep 14, 2023 10:40am
Quoting eyefeelsix
{quote} and you will not find that technique on the google or internet "underground head and shoulders / quasimodo"
I used QM, just can no longer perceive anything right.
Had a hectic day, need to take a break.
Will be back on Monday
More time in the market, does not mean you trade better!
  • #774,752
  • Sep 14, 2023 10:42am Sep 14, 2023 10:42am
Quoting Moty
Dx , gap closed Bow can we go to the dropping part ?
DXY continues to rise, EU continues to fall, Gold is ranging as is GU right now.
  • #774,753
  • Sep 14, 2023 10:44am Sep 14, 2023 10:44am
Hell ya eurusd go to hell!
Master your mind. Master Trading.
  • #774,754
  • Sep 14, 2023 10:44am Sep 14, 2023 10:44am
Quoting T721
{quote} tonight if you want.. can do zoom about 9pm UK if you are free
ya no response huh! Too busy getting rekt!
Master your mind. Master Trading.
  • #774,755
  • Sep 14, 2023 10:45am Sep 14, 2023 10:45am
Quoting Coreg2004
{quote} it was priced in... that's the only explanation you can use to be always right analyzing after the fact. It's TV experts' favored twist after their prediction goes sideways.
Agreed, at this point when Lagarde speaking i'm already out.
Spike both way could happen in real time on governors' speeches,
But we can used is to assess the sentiment

The Fxstreet team, the only fundamental team who always got it right
More time in the market, does not mean you trade better!
  • #774,756
  • Sep 14, 2023 10:50am Sep 14, 2023 10:50am
Quoting ScalaFX
Long GU 2405 SL2380 TP 2580
who’s shitting their pants now !? Hahaha
Master your mind. Master Trading.
  • #774,757
  • Sep 14, 2023 10:52am Sep 14, 2023 10:52am
This is massive support for eu
It have to stop there
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yes yes yes
  • #774,758
  • Sep 14, 2023 10:53am Sep 14, 2023 10:53am
Another 2 wins
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yes yes yes
  • #774,759
  • Sep 14, 2023 10:54am Sep 14, 2023 10:54am
Quoting T721
{quote} tonight if you want.. can do zoom about 9pm UK if you are free
WEEKEND?
MY OPINION NOT FINANCIAL ADVISE
  • #774,760
  • Edited 11:41am Sep 14, 2023 10:55am | Edited 11:41am
Though almost no play today, so checking pa what doing so far, bear continues in strong hand, now below 2400 and so next target goes 2308, ok 2340 intermediate.
Wherase gold suddenly initiated minute reversal attempts may signal next reversal for timebeing, waiting. Better eu gu finish their tanking! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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