Cable Update (GBPUSD)

mebbe you two dunderheads will have better luck revoking me next time ROFLMAO

now that i know dale in admin mebbe i can reciprocate

Fucken boring! All this political shit is tedious and I'd bet 99.9% of forum members don't give a shit.

I'm a big Dow Theory fan, so I follow PA on the chart, disregarding all mumbo jumbo because it's impossible to guess in advance how all participants in the market will react.

good call , i was wrong

Lol! Exactly sir, I took a short trade, "classic buy the rumour, sell the news" in pllay rn

I’m still short from some weeks ago, just below current market close, waiting to get back into the black

Is it political to tell Trump wants a weaker dollar? Now i agree with last week's Charlie discussions and all being irrelevant to trading but since Trump wants FED to cut rates and create more money stimulus for the economy is very real whether we find it right or wrong. And it does affect trading.

Like i said i won't be dwelling on if this is a right or wrong call by Trump but it's obvious that there's a stimulus call by Trump to the FED. It is a market driver, we can't ignore it.

pablito...politics is central to currency trading.... even wednesdays rate cut was political sincethere inflationary pressures in the american economy ...if you dont believe me maybe youll believe Ai

AI Overview
Politics plays a profound role in currency trading, acting as a major driver of volatility and impacting a currency's value through multiple channels
. Traders must constantly monitor political stability, elections, government policies, and geopolitical events, as these factors significantly influence market sentiment and capital flows.
How politics influences currency markets
Political stability and uncertainty
A politically stable environment fosters predictable economic policies and boosts investor confidence, strengthening a country's currency. Conversely, political turmoil, such as social unrest, leadership changes, or corruption scandals, creates uncertainty and can cause a currency to depreciate as capital flees to safer assets.

1. Elections: Elections can cause significant short-term market volatility, especially when the outcome is uncertain or a new administration may enact major policy changes. For instance, a candidate with a protectionist agenda could cause fluctuations in trade-sensitive currencies.
2. Government approval: Studies have shown a strong relationship between a government's policy approval and persistent fluctuations in its exchange rate.
3. Case study: Brexit: The 2016 vote for the UK to leave the European Union caused the British pound (GBP) to fall to a 30-year low against the U.S. dollar, reflecting severe economic uncertainty. Subsequent negotiations caused continued volatility in the GBP.

Monetary and fiscal policy
Governments and their central banks use monetary and fiscal policies to influence economic growth, inflation, and interest rates, all of which directly affect currency values.

1. Monetary policy: Central bank decisions on interest rates, money supply, and quantitative easing have a strong impact on currency values. Political pressure on a central bank to manipulate its policies can result in instability and devaluation, as seen with Turkey's lira.
2. Fiscal policy: Government decisions on spending and taxation can impact a currency. Expansionary fiscal policy, which increases spending, can stimulate the economy but may also increase real income and import demand, causing the currency to depreciate.
3. Case study: Japan's Abenomics: In 2012, Japanese Prime Minister Shinzo Abe implemented a policy of aggressive monetary easing to stimulate the economy. This caused the yen to devalue significantly, which aided exports.

Geopolitical events and international relations
International conflicts, trade disputes, and diplomatic relations can trigger currency volatility and shift market sentiment.

1. Trade policy: The U.S.-China trade war that began in 2018 is a prime example. The imposition of tariffs led to major fluctuations in the U.S. dollar (USD) and Chinese yuan (CNY) and affected other currencies connected to global supply chains.
2. Conflicts and sanctions: Geopolitical conflicts lead to market instability, reduced investor confidence, and sanctions that can severely devalue a currency. The sanctions imposed on Russia after its invasion of Ukraine caused the ruble to plummet initially.
3. Resource control: Tensions and conflicts in major oil-producing regions can disrupt supply, cause oil price spikes, and influence the currencies of both oil exporters and importers.
4. Safe-haven currencies: During times of geopolitical uncertainty, investors often move capital into perceived safe-haven currencies like the U.S. dollar (USD), Swiss franc (CHF), and Japanese yen (JPY), driving up their value.

How traders manage political risk
To navigate the unpredictability of political events, informed traders use a combination of strategies:

1. Monitor news and calendars: Keeping up with financial news, economic calendars, and political developments is essential for anticipating market-moving events.
2. Diversify portfolios: Spreading investments across multiple currencies and assets can minimize risk exposure to any single country's political instability.
3. Utilize hedging strategies: Traders can use derivative instruments like options and futures to lock in favorable exchange rates and protect against sudden adverse movements.
4. Analyze market sentiment: By tracking indicators of risk appetite, traders can gauge whether capital is flowing into riskier assets or toward safe havens in response to political news.
5. Adapt time frames: During high political uncertainty, some traders may switch to short-term strategies like day trading or scalping to capitalize on rapid fluctuations.

pablito.... mebbe start making market related posts instead of these 15....this isnt a very auspicious beginning ...i wonder why FF moderators let you get away swearing during the 10-post moderation queue they impose on everyone?

https://www.forexfactory.com/search?searchid=72251583

i hope in future posts you show us some insight into the way you trade....a chart would be nice

good morning waveski...hows FF's favorite troll LOL


maybe you shud make a market or trading related post and dazzle us with your hedging abilities

is that what you boys do to each other in ur salcome rugby club waveski on the weekend ?

ok gentlemen...im goin to be very busy this upcoming week starting today so i hope some others take up the slack and and keep the GU thread relevant...im sure waveski will do his best like always even by his picture communication method

please humor him cause its difficult goin thru life with autism

AI Overview
People who communicate with pictures include children and adults with speech and language delays, often with conditions like autism spectrum disorder, who use systems like the Picture Exchange Communication System (PECS) to express their needs and wants. They also include any individual who benefits from visual supports to understand and express themselves, and in a broader sense, all people who use visuals like images, emojis, and infographics to enhance understanding and convey information effectively.
Who uses picture communication?

1. Individuals with communication challenges:
   People with autism, developmental delays, or traumatic brain injuries who have difficulty with spoken language use picture-based systems to communicate.

I look forward to other peoples analysis and lill check in from time to time just to look at waveskis pictures even tho they cost FF more money cause they have to keep buyin more bandwith but thats the price american companies have to pay to accommodate people with disabilities in usa

im still boolish and currently long with a average price of 3550 since FOMO got the better of me and i jumped in earlier than what i had planned

good luck gentlemen till i return