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- JackintheBox replied Sep 22, 2023
Poor Moty today. That's the pain of a trend trader. Made everything right and get stopped out anyway because trend was over. May be Moty took the 10 pips at 1.2265 after his entry.
Cable Update (GBPUSD)
- JackintheBox commented Sep 22, 2023
Haha, that's crazy, isn't it? All have the same interest rate now. No matter if France is going down and Germany is doing better. All the same interest rates. So either you damange France or Germany. All economies under one carpet. Well... we see ...
French economy contracts at strongest rate for almost three years in September
- JackintheBox replied Sep 22, 2023
Yeah, I almost jumped into a small long on the low at 1.2233 but I wanted to see a bit more down so I missed it. But it was also small gamble so I should not have taken it anyway. I think also it is too delicious to leave the Stops below 1.2230 from ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 22, 2023
Again, you try to avoid to talk about facts and turn on another play field to hide your mistake(s) "Dr." Dave. I know people like you. Again: He wrote for "weeks" and you compared it mistakly to years or any prediction because you have not read ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 22, 2023
Well... sometimes it seems, you don't read careful enough, "Dr." Dave. He was writing: "for weeks" and not for years... The timeframe of prediction also matters. Besides, do you have any productive comments last 4 weeks here? Just asking... cheers.
Cable Update (GBPUSD)
- JackintheBox replied Sep 22, 2023
Sold all, small loss. I don't like the PA. They prepare sth. and I cannot read if up or down. I saw little dollar weakness (so GBP/USD up) but i is may be only temporary. I think it could be that they want to test the lows from yesterday again. Not ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 22, 2023
Numbers are mixed! Hmmm...now I'm curious. GBP was beaten up already quite a lot and it's friday... Could retrace now. I took a small long from here - even if it is stupid if I see the retail money.
Cable Update (GBPUSD)
- JackintheBox replied Sep 22, 2023
Wow, so much? In which time frame? 1 hour after news 80 pips around? Have you checked last month? Vola is going down, so probably less movement? Thank you for sharing. I have to do that, too.
Cable Update (GBPUSD)
- JackintheBox replied Sep 22, 2023
?? It's the opposite? Retailers are long 71%... cheers.
Cable Update (GBPUSD)
- JackintheBox replied Sep 22, 2023
Business as usual in Europe: France, 2nd biggest economy, goes down and Germany is financing the rest of the EU. Poor Germans work their as* of for the rest of the "EU". That is the explanation of the GBP/USD movement today (first down, than up ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 21, 2023
Stop Loss should only be used as a beginner -except your system is automatically and build around it. There are different reasons for that to avoid Stop Loss. The biggest Reason is the hunting. In Germany lots of Bank earned money by that bringing ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 21, 2023
Well... no. Just saw a big drop from 1.2264 to 1.2256 in no second. Someone big was selling but could be adjustments. Time for keep hands still. Roulette currently.
Cable Update (GBPUSD)
- JackintheBox replied Sep 21, 2023
May be. If it was so tight sometimes people tend to steer against mainstream direction - if they can change sth. I think in long term it was correct decision but short term pound will lose more ground probably - I don't want that.
Cable Update (GBPUSD)
- JackintheBox replied Sep 21, 2023
I was so shocked from the drop that I only bought 3 mini positions
, already sold again. These are the situations which are a no brainer. Congrats who was going short before news. GBP could only lose. The PA is again not good to trade, so I ...Cable Update (GBPUSD)
- JackintheBox replied Sep 21, 2023
Hi Georginson, I see your point. From PA Perspective it will not be the same. What we saw in Sept. 22 was a sell off at a new low and Paritiy was also a huge scaring factor. Today it is driven by fundamentals, not only fear. The drop is also much ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 21, 2023
I really hope the raise the rates, else GBP will drop for sure. But you are right, especially the price inflation were below expectations so I would say at least 30% chance they will leave rates unchanged. So after that analysis you should go ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 20, 2023
Ok, we saw the final attack but now correction. I think later they will take new attempt to break through 1.2350 completely. FED finished talking. I would not recommend to take a position now except short at 1.2349 with SL on 1.2365. I would never ...
Cable Update (GBPUSD)
- JackintheBox replied Sep 20, 2023
We currently see collecting shorts a bit slower, ready to attack 1.2350... So they wait until he finished talking. Also USD/CHF is at the border to gain new ground. I think we see real USD strength. So no long for me.
Cable Update (GBPUSD)
- JackintheBox replied Sep 20, 2023
They had to take a big snap bag up to almost 1.2370. Downtrend now quite damaged, currently next attack on 1.2350 attempt. I would wait for break, they get weaker and weaker to push it down. Cost money for shorties.
Cable Update (GBPUSD)
- JackintheBox replied Sep 20, 2023
Now it will show. They have to push it below 1.2350 next minutes or at least 5 minutes after talk is finished. They try it currently again. But they got already one hit (that means the downtrend got damaged). Right now war begins, let's see if ...
Cable Update (GBPUSD)