DislikedI don't feel good about getting on this train. If it goes north without me, it's ok. I will look for a later train to come alongIgnored
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DislikedI don't feel good about getting on this train. If it goes north without me, it's ok. I will look for a later train to come alongIgnored
Disliked{quote} Maybe, just maybe Navk was right. We will get buy today. That would mean breaking out of the range. Accumulation - Fake Breakout - Real Trend (Down To 1.12). *IF WE GET A BUY TODAY*Ignored
Disliked{quote} Hello mate, yes it's in a downtrend but in between this down trend, there has been 473 pips bounce, 512 pips bounce, 533 pips bounce and most recently 332 pips bounce. There are many kinds of traders in this thread and one can't just be selling without some invalidation to know when some good bounce will happen. A little more explanation from you as regards this will do a world of good to others. My own simple take is as far as price trades below 1.1550, the bears will keep dominating till 1.1207, only a break and close above 1.1550 will...Ignored
Disliked{quote} its just an opinion. i cannot trade it ATM, not sure my retail eyes can see the intraday path @ this early part of the day. i do see engineer EQL @ 1.1407X im waiting. {image}Ignored
Disliked{quote} This means FEd Hike by 1% Well, even tho the swap market already priced in a % of it, but CPI was down from 9.1% July to 8.5% Aug and 8.3%Sept.WHile Core rose in Sept. Even PCE was trending down. So for me, 1% hike not seems to be happening. Just try to match Technical with fundamentalIgnored
Disliked{quote} Exactly. Who care's if it goes up, because the real trend is still down. We don't want to miss that big move down.Ignored
Disliked{quote} 100bps rate hike from Fed is likely not happening yeah. This is why it's hard forecasting anything. If they break the range with the move up it usually means price will fall hard. For that to happen Fed would have to raise by 1% as you said and they won't do that. This leaves couple of things if we are to see this scenario playing out. Powell being ultra hawkish or Bailey and BoE failing to convince the market and if they raise by only 50bps. We will definitely know more after Powell's speech. Then we could perhaps know where price could...Ignored
Disliked{quote} This means FEd Hike by 1% Well, even tho the swap market already priced in a % of it, but CPI was down from 9.1% July to 8.5% Aug and 8.3%Sept.WHile Core rose in Sept. Even PCE was trending down. So for me, 1% hike not seems to be happening. Just try to match Technical with fundamentalIgnored