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Cable Update - Continued 105 replies

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Cable Update (GBPUSD)

Quoting Whatevs
{quote} I have a feeling we won't even see 155... we'll see...

the only thing keeping me from closing my shorts is bonzey

you may remember our argument the other day and how I said ill pm him first with my next UJ trade ...i posted my half of the pm before and now I can post his reply

since my colleague thinks its a dumb trade ill keep holding it
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Kamala/Walz pulling away for the win
Quoting Zebi
{quote} the only thing keeping me from closing my shorts is bonzey you may remember our argument the other day and how I said ill pm first with my next UJ trade ...i posted my half of they pm and now I can post his reply since my collegue thinks its a dumb trade ill keep holding it {image}
Shorting USD/JPY should be correct and Buying PMs should also be correct in my opinion because rate cuts are coming. You have Bailey basically suggesting earlier rate cuts when he mentioned he expects significant drop in inflation next month.

Are they rigging the CPI data, so they can start cutting rates because the economy is collapsing in the background? Of course...

Hedge funds massively bearish on JPY (last time this happened in 2007.)? Something is cooking in the background and we know what meal will be served and by whom.
USD/JPY M15, M30 and H1 are signalling Sell is incoming. It could have been this one we just witnessed now, but we'll see...

Weekly is also very odd.
Quoting sharingan9
{quote} {image} USDCAD target of daily S1 reached and now we drag stops. Same setup. Clockwork...
Update USDCAD short. Also USDPLN short, literally the same setup at the same time. Also Long CADHKD

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gbpjpy 0.15 lots tp profit 192.705
now a 120 pips in gbpnzd trade based on the 4 hr chart 2.08673 is the zone for a bounce and push to the upside tp is there same as gbpcad for a 4 hr zone at 1.70323

its not the amount of trades you trade but the quality
No trade, no internet or no mobile network today, checking pa to what to do next day, a bottoming range but limit up intact, 2400 handle test yesterday may 2480.extent ok even before bear continue possible, so m may wait for top failure or limit test attempt. Lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting fontu
No trade, no internet or no mobile network today, checking pa to what to do next day, a bottoming range but limit up intact, 2400 handle test yesterday may 2480.extent ok even before bear continue possible, so m may wait for top failure or limit test attempt. Lets see {image}
12480 is a tough area, a break above would be bad news for bears in the short term however if you look at the rest of the week there isn’t too much data left that could pull it up to over 125.
Insane in the Brain..
Quoting BeeTogether
{quote} 12480 is a tough area, a break above would be bad news for bears in the short term however if you look at the rest of the week there isn’t too much data left that could pull it up to over 125.
All ok, but market may change her mind, specially when it seems tough more bounce to bull and many may bear side and better make a twist to bear posiible For market,, a spike up to bear continue after getting handsome sl! So still extend d possible as last leg up for down!
Again h4 tf insider bar Nr4 running, 5th h4 candle may burst, over night burst up may tough, so nr7 may range for next day burst the range 2416 to 2481!
Last leg up not healthy bounce, struggling a lot without active bear!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting whatevs
{image}
BOJ'S SUZUKI: WE WILL RESPOND APPROPRIATELY TO EXCESSIVE FX MOVES.
JAPAN FINANCE MINISTER SUZUKI: WANT TO CLOSELY CONSULT WITH U.S., SOUTH KOREA ON FX.


Told you...

USD/JPY exchange rate is hurting Japan. BoJ cannot afford to raise rates too much, so the only thing they can do is ask for the favour from the US to help them deal with the exchange rate by either joint intervention or Fed cutting rates sooner then later.
Quoting Whatevs
{quote} BOJ'S SUZUKI: WE WILL RESPOND APPROPRIATELY TO EXCESSIVE FX MOVES. JAPAN FINANCE MINISTER SUZUKI: WANT TO CLOSELY CONSULT WITH U.S., SOUTH KOREA ON FX. Told you... USD/JPY exchange rate is hurting Japan. BoJ cannot afford to raise rates too much, so the only thing they can do is ask for the favour from the US to help them deal with the exchange rate by either joint intervention or Fed cutting rates sooner then later.
The US has been protesting past Japanese intervention...
Quoting dantpm
{quote} The US has been protesting past Japanese intervention...
Haha

When did last intervention occur? During US session after London close...

By their deeds, you shall know them. Not by words.
Quoting Whatevs
{quote} Don't miss this, otherwise you'll need 156 trades on GBP/USD to earn what you could have earned by cathing intervention.
added to my short investors will buy usd over the gbp
TIC Long-Term Purchases in 4 minutes. GM said we should watch this closely.
Quoting NextElliott
Gold's first target 2412 after that 2357.
Inversed
I'm not always right.. I'm not always wrong neither
daily starting to look a little bullish.
will look to short around 1.26 if we get there.
Compulsions can be hard to resist
Quoting Zebi
{quote} the only thing keeping me from closing my shorts is bonzey you may remember our argument the other day and how I said ill pm him first with my next UJ trade ...i posted my half of the pm before and now I can post his reply since my colleague thinks its a dumb trade ill keep holding it {image}
You see that episode of The Shield, where these 2 crooks were left in a shipping container overnight to sort out their differences?
I think you and Bones should do the same.
only problem, is that only 1 came out alive.
Compulsions can be hard to resist
Quoting trumps
{quote} You see that episode of The Shield, where these 2 crooks were left in a shipping container overnight to sort out their differences? I think you and Bones should do the same. only problem, is that only 1 came out alive.

I never watched that show... i liked the wire and breaking bad back then

you come at the king you best not miss
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he only beat me on the gold trade the rest of the time he's been dead wrong LOL
Kamala/Walz pulling away for the win
Quoting Whatevs
{quote} USD/JPY 200?
Yes, old news , we talked about it in Dec 2022.

https://www.home.saxo/en-gb/content/...ystem-06122022

https://www.japanrealtywire.com/p/us...xed-at-200-yen
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