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Cable Update (GBPUSD)

  • #849,981
  • Jan 6, 2025 5:29am Jan 6, 2025 5:29am
Quoting MrFanciful
So...Anyone know why the DXY just suddenly tanked? US 10 year yield just nose dived as well. My cynical mind says the Fed just bought a load of treasuries
I thought it was the news about tariffs for every nation. Whatever it was, it screwed me over.
  • #849,982
  • Jan 6, 2025 5:31am Jan 6, 2025 5:31am
Quoting MrFanciful
So...Anyone know why the DXY just suddenly tanked? US 10 year yield just nose dived as well. My cynical mind says the Fed just bought a load of treasuries

This apparently...

https://www.forexlive.com/news/trump...orts-20250106/
Don't Leave Money on the Table
  • #849,983
  • Jan 6, 2025 5:33am Jan 6, 2025 5:33am
Quoting MrFanciful
So...Anyone know why the DXY just suddenly tanked? US 10 year yield just nose dived as well. My cynical mind says the Fed just bought a load of treasuries
inflation for germany is much higher than expected.
trading is like dancing, don't think and just listen to the music!
  • #849,984
  • Jan 6, 2025 5:37am Jan 6, 2025 5:37am
Quoting HaLBot
{quote} This apparently... https://www.forexlive.com/news/trump...orts-20250106/
Here was me hoping that it was the rumour that Starmer might call an early General Election in 2027 and we can be rid of the communists.
  • #849,985
  • Edited 6:01am Jan 6, 2025 5:46am | Edited 6:01am
Quoting MrFanciful
{quote} Here was me hoping that it was the rumour that Starmer might call an early General Election in 2027 and we can be rid of the communists.

Hahahaha..... Yeah Starmer is a real piece of filth locking up people for a mean tweet while releases hardened criminals from jail.
There is also talk here of our Prime Minister Albo holding an early election, I would suggest they don't because their ridiculous woke policies has everyone hating them....Go Woke Go Broke.

We have 2 by-elections coming up in the communist state of Victoria and be interesting to see if they get smashed or not. Be a good indication of what will happen nation wide.
The BSC leftists in this country just can't do math, they all studied humanities so I guess math is not their strong point.
Going on about net zero by 2050 when all we produce is 1% of carbon dioxide of the planet so not going to make any difference at all LOL
I think Dubai generates more carbon dioxides than the whole of Australia.
So the upshot of all this BSC leftist ideology is Australia is going down the drain real fast
Don't Leave Money on the Table
  • #849,986
  • Jan 6, 2025 5:56am Jan 6, 2025 5:56am
1.2568 next?
weekly R1
  • #849,987
  • Jan 6, 2025 6:02am Jan 6, 2025 6:02am
So 18 of the last 20 2hr candles have close above their open. This is getting ridiculous.
  • #849,988
  • Jan 6, 2025 6:12am Jan 6, 2025 6:12am
Quoting thevisitor
1.2568 next? weekly R1

1.26 08 next...???

  • #849,989
  • Jan 6, 2025 6:14am Jan 6, 2025 6:14am
Quoting MrFanciful
So 18 of the last 20 2hr candles have close above their open. This is getting ridiculous.

Man , hi.

I don't see anything ridiculous . . . .

  • #849,990
  • Jan 6, 2025 6:16am Jan 6, 2025 6:16am
Quoting Bflyfx
Waiting for pullback to sell with my eyes closed I can see big changes forming in the market, this sell will be my last one GL
i was well aware, got stopped out from short 1.25. have longs on eu to redeem at 1.06

nfp i will be shorting hard for correction of this correction
I only follow traders with IQ above 160
  • #849,991
  • Jan 6, 2025 6:24am Jan 6, 2025 6:24am
Quoting BeeTogether
Decent upwards move from GJ 197 still resisting 19750 first TP area for me
bastard just missed it before retracing to below 197…
Insane in the Brain..
  • #849,992
  • Jan 6, 2025 6:26am Jan 6, 2025 6:26am
Quoting Mitiblotch
{quote} Monthly pivot is 2562. More often than not it will get hit.
Hehehe... I'm in the zone!!! At this rate I'm buying that BMW SUV solely from trading, hopefully.
  • #849,993
  • Jan 6, 2025 6:31am Jan 6, 2025 6:31am
Quoting Moty
tp will at 1.30000 area or if price falls below 5m tf indicator {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 15 KB
yes yes yes
  • #849,994
  • Jan 6, 2025 6:40am Jan 6, 2025 6:40am
What’s moving the Cable ?
  • #849,995
  • Jan 6, 2025 6:46am Jan 6, 2025 6:46am
Wow that’s some retrace on GJ nearly 100 pips .. still holding longs till 19750 if not today then maybe tomorrow
Insane in the Brain..
  • #849,996
  • Jan 6, 2025 6:49am Jan 6, 2025 6:49am
Quoting Skelly1
What’s moving the Cable ?
buyers are more aggressive than sellers and are also prepared to pay higher prices.
trading is like dancing, don't think and just listen to the music!
  • #849,997
  • Jan 6, 2025 6:59am Jan 6, 2025 6:59am
i thought it was the news about trump aides that did that
  • #849,998
  • Jan 6, 2025 7:01am Jan 6, 2025 7:01am
Quoting Skelly1
What’s moving the Cable ?
no clue.
How to succeed in zero sum game?
  • #849,999
  • Jan 6, 2025 7:07am Jan 6, 2025 7:07am
I am in long at 1.2536 S/L 1.2530 open P/L
  • #850,000
  • Jan 6, 2025 7:15am Jan 6, 2025 7:15am
Quoting patrickimoh1
i thought it was the news about trump aides that did that

Yes it was, aides saying they are looking to put tariffs on essential gods, whatever that means
Don't Leave Money on the Table
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