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pipfarm replied Mar 23, 2023Us mere mortals do not know, read the chart and follow, this is the way
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023Change of stance , some policy changes may be needed but not sure DOVISH
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023Sounds you were on the wrong side, listen to Powell, expecting inflation to come down 3.3 and 2.5 and he just said that smaller raises might be needed, that sounds dovish to me. He is bricking it because he knows any major increases in interest ...
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023Most news releases are already priced in and the only opposite effect happens when data is above or below expectations, fed rise matched expectations so no major surprises, BEARISH FOR THE DOLLAR.
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023Something big is in the making over the next weeks months, i see gbpusd up to 1.5 which we have not seen for a long time but must break the 2450 level to send it into a trend on weekly, seems to be heading that way at the moment
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023.25 signals a slow down in rises for now as there are other implications to consider with the fall out from SVB collapse and the risk of contagion, so the last thing the fed will do is stress markets even more. Just my 2 cents worth
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023Not saying it will not but do not be so sure as it sounds like your guessing
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023Live Short trade on USDJPY @FOMC , lets see if it holds after the statement and press conference ( trade was placed some hours before Fomc) If it holds could be looking at a 500 pip trade over the next days image
Cable Update (GBPUSD)
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pipfarm replied Mar 22, 2023weekly is up Daily is up 4H is up Last 4H correction before the upswing was a D1 inside bar , for the moment i will only go long from H1 corrections (h4, LL,LH bars), there is room to get to 2400 and higher
Cable Update (GBPUSD)
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pipfarm replied Mar 21, 2023Going long on a break of 2262 H1 short correction bullish outside bar on the low H4 and Daily going in the same direction
Cable Update (GBPUSD)
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pipfarm replied Mar 17, 2023Should of trusted my analysis, when i said this was going long , trend direction indicator was pointing up and for sure that daily LL,LH is followed by an impulse wave, anyway we are into the third wave now, 12345 dip 1,2,3,4,5, so i am long in on ...
Cable Update (GBPUSD)
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pipfarm replied Mar 16, 2023Not taking this long, there is a possibility the correction on 4H has fallen short after the daily change of structure
Cable Update (GBPUSD)
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pipfarm replied Mar 16, 2023When i say range i mean the range of the 4H LHs,LLs, obviously the whole range itself is the top of the 4H down swing but i am not trading breakouts
Cable Update (GBPUSD)
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pipfarm replied Mar 16, 2023Why not, H4 made HH,HLs then LHs,LLs then the outside bar taking the whole range out to the upside
Cable Update (GBPUSD)
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pipfarm replied Mar 16, 2023There is never anything sure in this business but that is how i see it
Cable Update (GBPUSD)
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pipfarm replied Mar 16, 2023We have it break of 2113 confirms bull continuation
Cable Update (GBPUSD)
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pipfarm replied Mar 16, 2023Think you both right there , break of 121 slightly higher will send cable back into an uptrend
Cable Update (GBPUSD)
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pipfarm replied Mar 16, 2023Next 4H candle close on gbpusd could be the entry long.
Cable Update (GBPUSD)