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Theoak replied Sep 22, 2022They bottled it!!! Was in at 1.1244, so lost profit. It's not over yet having the expected interest rate was hit. I wanted 0.75. Closed everything off. Don't trade what you think. Just what you see!!!
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022I'm going for it! They have got to stop the rot!!! “Fortune favors the brave” Let's see if I'm right. Fingers crossed....Don't try this at home
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022High interest rates make the currency go up. Savers put money in bank (takes currency out of circulation) Other counties buy the currency, so they can get the interest rate The USA have been increasing which intern weakens other currency. Other ...
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022If there is intervention. Will not the spread widen that much that it would take your stops anyway?
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022I have a long on here based on the BOE / Government doing something. They can't just sit there and twiddle their thumbs!
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022I think this is going lower!!! BOE have got to do something!! Surely!!!
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022I'm already in, but if it breaks these lows, it could do another 30 pips. it's got to bounce surely. London open in 15 mins they will sort it out!
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022This is trying to break the low! Its got to bounce surely!
Cable Update (GBPUSD)
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Theoak replied Sep 22, 2022Well, there is nothing to be done until 12.00, when the vote on interest rates. I guess the interest rates will get the vote for the highest increase in recent times and cable will fly! So, I'm going long NOW (1,1244) and holding!
Cable Update (GBPUSD)
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Theoak replied Sep 21, 2022Made a few. pips on half loader.. Now waiting for short as there is no way going long on this!!!!
Cable Update (GBPUSD)