Cable Update (GBPUSD)

CABLE

End of scalping.

Waititng for new set up, I wait whenever they are ready to go.

Help a newbie for this noob question.
How many pips in count for this move 50 pips or 500 point ?
Asking for friend,

Thanks in advance

Yes it is.

ok prove it

GU reacting suspiciously good today (VAL, POC)
Yearly open hard to pass (3rd, 4th try?) and ~1.2535 VAH zone, let's see how price deal with it


Closed some

The BoE is a very good resource; you have to ignore QE money.
Reserves are not in the real economy.
A central bank is a lender of last resort.

hey bones...go easy on him...he's new and doesn't know that you'll be fighting with him for a year now like u did with me LOL

good that you found a new play friend

See if he wants to dispute the Bank of England. We are the centre of the universe

i dont think it needs saying the markets done bein scared of trumps dumbass and his tariffs by today's price action

the dollar got shot cause nobodies scared anymore and buying its safe haven status and will prolly be at 100 by end of summer


that long term support s gonna fail now that a republican in office..in 3-4 years it will prolly be back to 92 which was trumps last low ROFLMAO

so congratulations to everyone that had big balls and was buying GU in real time last night...and not the charlatans that waited hours for price to turn their way before posting screenshots LOL

Dove goolsbee talking hawkish. Interesting.

EU

End of scalping..
Day full of manipulation ( whatever that mean)

Reset for another set up tomorrow , later

GOLD
End of scalping

If Gold technically fail to break new highs and holds below 2815s ( currently 2814), it is on my newbie assumption, that buyer profit taking on tariff optimism and short term bearish waves start into into 2750 zone.

if i wasnt loaded up with longs from last night id buy more if price gets below that red line on the daily...as it is ill add more longs on a breakout over 2500

I've been sitting on all my longs for two months..a good while of it underwater but with averaging down I'm in profit the past two weeks and after buying last night averaged even lower LOL...if price don't fly the nest couple days I'm close everything and take profits cause all this waiting for a breakout to 3300 is fraying my nerves from trump taklin out of his ass

so any new bulls shud buy the dip under that line

549 pips or, in points terms, 5490 points.

you're welcome

Yes, governments issue currency through their central banks. This currency is usually in the form of coins and paper bills, also known as fiat money.

 

1. The government's central bank is responsible for issuing currency.
2. The central bank contracts with a private printer to produce the currency.
3. The central bank distributes the currency to financial institutions.

The Federal Reserve System is both public and private, and is considered "independent within the government". It's the central bank of the United States, responsible for overseeing the nation's monetary system and policies.
How it's structured

1. Board of Governors: An independent government agency that reports to Congress
2. Federal Reserve Banks: Private corporations that are overseen by the Board of Governors
3. Member banks: Hold stock in the Federal Reserve Banks, but don't have the same control or financial interest as common stock in for-profit organizations

What it does

1. Sets monetary policy, including interest rates
2. Controls the money supply
3. Promotes the safety and efficiency of payment systems
4. Acts as the "government's bank" by maintaining the Treasury Department's transaction account
5. Issues and redeems U.S. government securities

How it was created

1. The Federal Reserve Act was passed by Congress in 1913
2. President Woodrow Wilson signed the Federal Reserve Act into law on December 23, 1913

You learned something new. Back to trading.

Could be another volatile day. After Monday, probability is skewed towards ~100 pips, compared to general distribution.
Anything but whipsaws

10,000 multiplied by within a bracket, a higher point subtracted by a lower point, is equal to something in PIP(s)
or
100,000 multiplied by within a bracket, a higher point subtracted by a lower point, is equal to something in Point(s)

The main types of paper money are government notes, which are directly issued by political authorities, and banknotes issued by banks, namely banks of issue including central banks. In some cases, paper money may be issued by other entities than governments or banks, for example merchants in pre-modern China and Japan. The Bureau of Engraving and Printing is the Nation's sole producer of U.S. paper currency. The BEP advises other federal agencies on document security matters and also produces engraved documents such as military commissions and award certificates, and special security documents for a variety of government agencies.

Central banks primarily control short-term interest rates, but these rates impact longer-term interest rates.

1. Short-term interest rates
   Central banks control short-term interest rates through open market operations, which involve buying and selling securities with banks. This affects the banks' reserves, which in turn determines how much interest they charge.
2. Long-term interest rates
   Long-term interest rates are affected by the demand for long-term government bonds. Central banks can use unconventional monetary policies, like buying long-term bonds, to lower long-term rates.
3. Monetary policy
   Central banks use monetary policy to manage economic fluctuations and achieve price stability. They do this by adjusting the money supply, which can affect short-term interest rates.

1. Raising interest rates
   When a central bank raises interest rates, it's called tightening monetary policy. This can help keep inflation from rising above target.
2. Lowering interest rates
   When a central bank lowers interest rates, it's called easing monetary policy. This can help keep inflation from falling below target.

Central banks conduct monetary policy by adjusting the supply of money, usually through buying or selling securities in the open market. Open market operations affect short-term interest rates, which in turn influence longer-term rates and economic activity.