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Cable Update (GBPUSD)

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  • Post #645,201
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  • Dec 16, 2021 3:46am Dec 16, 2021 3:46am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,567 Posts
Quoting Robinhood1
Disliked
{quote} From this area which will probably be above this figure, even 100 pips, we should go down to 12990 area and slightly below
Ignored
You mean 1.3540 (GU) or 1.13540 (EU). Which one?
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
 
  • Post #645,202
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  • Dec 16, 2021 3:55am Dec 16, 2021 3:55am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,421 Posts
Quoting Mitiblotch
Disliked
{quote} You mean 1.3540 (GU) or 1.13540 (EU). Which one?
Ignored
GU sorry

EU has its target around 11520 i beleive, and then down to around 11025
PHASE II running 666
 
 
  • Post #645,203
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  • Dec 16, 2021 4:02am Dec 16, 2021 4:02am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,556 Posts
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#doyourownanalysisordietryin
 
 
  • Post #645,204
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  • Dec 16, 2021 4:12am Dec 16, 2021 4:12am
  •  maxi444
  • | Joined Jan 2012 | Status: Member | 542 Posts
Quoting Bones
Disliked
{image}
Ignored
what do you mean?
 
 
  • Post #645,205
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  • Dec 16, 2021 4:18am Dec 16, 2021 4:18am
  •  JereMi256
  • Joined Nov 2021 | Status: 3Yrs livexperience | 940 Posts | Online Now
Quoting maxi444
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{quote} what do you mean?
Ignored
Strong support line!
Face 'ur fear & Tame 'ur greed
 
 
  • Post #645,206
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  • Dec 16, 2021 4:22am Dec 16, 2021 4:22am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,556 Posts
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#doyourownanalysisordietryin
 
 
  • Post #645,207
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  • Dec 16, 2021 4:27am Dec 16, 2021 4:27am
  •  maxi444
  • | Joined Jan 2012 | Status: Member | 542 Posts
Quoting Bones
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{image}
Ignored
do you mean the decision will come at 1.33? possibly, let s see in 3 min the GU report and later more!!! I cannot see nothing now, sorry
 
 
  • Post #645,208
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  • Dec 16, 2021 4:29am Dec 16, 2021 4:29am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,240 Posts
Ty mister poundi
All out waiting for retracement
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  • Post #645,209
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  • Dec 16, 2021 4:42am Dec 16, 2021 4:42am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting Moty
Disliked
Ty mister poundi All out waiting for retracement {image} {image}
Ignored
there will no retrace , because the base will forming @1.3300 , will go higher and retrace to here later >.<
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
1
  • Post #645,210
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  • Dec 16, 2021 4:58am Dec 16, 2021 4:58am
  •  3xtazzy
  • | Joined Nov 2021 | Status: Member | 161 Posts
Quoting kris89
Disliked
{quote} there will no retrace , because the base will forming @1.3300 , will go higher and retrace to here later >.
<
Ignored
Why would you say so?
You said price need to fill the gap, but now its not going to xD
Need to close below previous week's high to continue lower !!

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  • Post #645,211
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  • Dec 16, 2021 5:02am Dec 16, 2021 5:02am
  •  ruben247
  • | Joined Nov 2020 | Status: Member | 208 Posts
Quoting ruben247
Disliked
Hi Traders selling now and wait till daily close under 1.3200 (level from J) SL 30p
Ignored
maybe time to trend down?
 
 
  • Post #645,212
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  • Dec 16, 2021 5:10am Dec 16, 2021 5:10am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,556 Posts
Quoting maxi444
Disliked
{quote} do you mean the decision will come at 1.33? possibly, let s see in 3 min the GU report and later more!!! I cannot see nothing now, sorry
Ignored
filter out orange data ,
#doyourownanalysisordietryin
 
 
  • Post #645,213
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  • Dec 16, 2021 5:16am Dec 16, 2021 5:16am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
G/M, back from hols, trading the run-in to Xmas/N.Year break. What happened to this thread,? I see there are some defections to another thread, Lol.

Meantime cable.. The previously all but certain BOE rate rise for Dec was put in doubt by omicron but now who knows now after y/day's Uk inflation day,? (probably Feb 2022?) £ has reacted accordingly and risen on back of it.

1hr is below, and then ... 4hr below that shows the current dly hi @ that prev 4hr sw hi zone = prev res = pot res.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #645,214
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  • Dec 16, 2021 5:26am Dec 16, 2021 5:26am
  •  ehsan55
  • | Joined May 2013 | Status: Member | 49 Posts
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Price turnback to where, he escaped from there
 
 
  • Post #645,215
  • Quote
  • Dec 16, 2021 5:36am Dec 16, 2021 5:36am
  •  3xtazzy
  • | Joined Nov 2021 | Status: Member | 161 Posts
Enough for the day, super risky trading here.
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3
  • Post #645,216
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  • Dec 16, 2021 5:43am Dec 16, 2021 5:43am
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,300 Posts | Online Now
Quoting Jolita
Disliked
{quote} You are correct! We are heading back towards 1.3280, top of 30 min BB Bought one in addition at 1.3214.{image}
Ignored

Tp hit this morning 13280 / +66pips
 
2
  • Post #645,217
  • Quote
  • Dec 16, 2021 5:45am Dec 16, 2021 5:45am
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,300 Posts | Online Now
Dxy to break triangle we need to cross down 96.

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  • Post #645,218
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  • Dec 16, 2021 5:49am Dec 16, 2021 5:49am
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,300 Posts | Online Now
I am still holding 5 long positions b/e 13272.6 - 2 x with tp 13330 and 3 x 13370.

Hold or close and re-enter after the news?
 
2
  • Post #645,219
  • Quote
  • Dec 16, 2021 5:50am Dec 16, 2021 5:50am
  •  Abrahamlinc
  • | Joined Aug 2019 | Status: Member | 74 Posts
Quoting Jolita
Disliked
{quote} Tp hit this morning 13280 / +66pips
Ignored
Picked mine at 13295 manually!
Believe in your set ups.
 
1
  • Post #645,220
  • Quote
  • Dec 16, 2021 5:55am Dec 16, 2021 5:55am
  •  Abrahamlinc
  • | Joined Aug 2019 | Status: Member | 74 Posts
Quoting Jolita
Disliked
I am still holding 5 long positions b/e 13272.6 - 2 x with tp 13330 and 3 x 13370. Hold or close and re-enter after the news?
Ignored
Close and re-enter after the news...
Believe in your set ups.
 
1
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