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Cable Update (GBPUSD)

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  • Post #645,241
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  • Dec 16, 2021 7:12am Dec 16, 2021 7:12am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting ZeroLag
Disliked
tried a short here..risking 14 {image}
Ignored
Too soon. The steam was very full. U should entry sell when the steam out of gas to pawn 20 pip correction
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
 
  • Post #645,242
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  • Dec 16, 2021 7:12am Dec 16, 2021 7:12am
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,313 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

TP hit on 2 longs at 13330.

New long added at 13337, tp 13380


Rate rise was a nice surprise. Not good though, mortgage rates etc will increase.
 
4
  • Post #645,243
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  • Dec 16, 2021 7:12am Dec 16, 2021 7:12am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,574 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
how about now ?
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#doyourownanalysisordietryin
 
3
  • Post #645,244
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  • Dec 16, 2021 7:15am Dec 16, 2021 7:15am
  •  kuroro001
  • Joined Jul 2007 | Status: Member | 17,772 Posts
Quoting kuroro001
Disliked
For the bulls....Potential big rally coming {image}
Ignored
Follow the big money

Lets see if 13600/3700 is in sight or they already cleared their position
COT: The precious data ignored
 
4
  • Post #645,245
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  • Dec 16, 2021 7:16am Dec 16, 2021 7:16am
  •  josip
  • Joined Dec 2015 | Status: Member | 1,330 Posts
Official Bank Rate 0.25%

1.3370 the last stop, R
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  • Post #645,246
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  • Dec 16, 2021 7:16am Dec 16, 2021 7:16am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
.... easy enough buy wasn't it?...4hr below. Challenging that prev 4hr/dly sw hi zone to 3370 with Wkly R2 now at current dly hi. 144% 30day adr travelled now at that hi and beyond Dly R2, (Dly R3 3413.)
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
2
  • Post #645,247
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  • Dec 16, 2021 7:18am Dec 16, 2021 7:18am
  •  ZeroLag
  • | Joined Jun 2020 | Status: Member | 881 Posts
Quoting kris89
Disliked
{quote} Too soon. The steam was very full. U should entry sell when the steam out of gas to pawn 20 pip correction
Ignored
Ok next time !
Get the Lag out
 
 
  • Post #645,248
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  • Dec 16, 2021 7:22am Dec 16, 2021 7:22am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
... that Uk inflation data did for them lol! despite omicron.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #645,249
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  • Dec 16, 2021 7:23am Dec 16, 2021 7:23am
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,313 Posts
Quoting 3xtazzy
Disliked
Again I mistyped 0.05 to 0.5... this trade doubled my account {image}
Ignored

Shame, was not 5
 
2
  • Post #645,250
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  • Dec 16, 2021 7:27am Dec 16, 2021 7:27am
  •  TrickorTrade
  • Joined Sep 2021 | Status: Member | 981 Posts
Quoting Jolita
Disliked
{quote} Would be nice to break 13320
Ignored
Now it broken haha. Will long now at the retest
 
1
  • Post #645,251
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  • Dec 16, 2021 7:28am Dec 16, 2021 7:28am
  •  3xtazzy
  • | Joined Nov 2021 | Status: Member | 161 Posts
Quoting ZeroLag
Disliked
{quote} Ok next time !
Ignored
price will cover that gap, sooner or later
 
 
  • Post #645,252
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  • Dec 16, 2021 7:28am Dec 16, 2021 7:28am
  •  buddha-
  • | Joined Feb 2019 | Status: Member | 1,301 Posts
good morning and lucky check
 
1
  • Post #645,253
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  • Dec 16, 2021 7:34am Dec 16, 2021 7:34am
  •  duve
  • Joined Nov 2015 | Status: Patience and Timing is key. | 477 Posts
Good Morning guys. I hope all trades were in the blue today. Well, Cable analysis results are in.
Inserted Video
 
 
  • Post #645,254
  • Quote
  • Dec 16, 2021 7:37am Dec 16, 2021 7:37am
  •  TrickorTrade
  • Joined Sep 2021 | Status: Member | 981 Posts
GA long taken 1.85160
GJ long taken at 152.461

Used low risk as not enough confirmations to go long. If price indicates further rejections I will add another position long
 
1
  • Post #645,255
  • Quote
  • Edited 8:03am Dec 16, 2021 7:37am | Edited 8:03am
  •  maxi444
  • | Joined Jan 2012 | Status: Member | 544 Posts
Quoting Bones
Disliked
{quote} how about now ? {image} {image}
Ignored
the candle on h4 was ok, but the BOE must help also a little, I must read this first, it is good at the end, 20 pips, but against the $ is not so easy, last month it was easy to sell the spike down and wait, not now, I think, or must the FOMC be a sport hall in the future let s see
 
 
  • Post #645,256
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  • Dec 16, 2021 7:37am Dec 16, 2021 7:37am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
... 3513 is the next dly swing (prev sw hi) should this prev sw lo, then hi to 3370 break.

dly below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #645,257
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  • Dec 16, 2021 7:37am Dec 16, 2021 7:37am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
PoundToTheMoon
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not euphoria follower
 
1
  • Post #645,258
  • Quote
  • Dec 16, 2021 7:38am Dec 16, 2021 7:38am
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,313 Posts
Quoting TrickorTrade
Disliked
{quote} Now it broken haha. Will long now at the retest
Ignored

Georginson mentioned 1.3330 is a hot level.
I reckon we will bounce around this, but 13470 is on my eyesight now, thanks to you.

Some days GBP moves 300pips one way.
 
3
  • Post #645,259
  • Quote
  • Dec 16, 2021 7:41am Dec 16, 2021 7:41am
  •  3xtazzy
  • | Joined Nov 2021 | Status: Member | 161 Posts
for the retracement
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  • Post #645,260
  • Quote
  • Dec 16, 2021 7:42am Dec 16, 2021 7:42am
  •  TrickorTrade
  • Joined Sep 2021 | Status: Member | 981 Posts
Quoting Jolita
Disliked
{quote} Georginson mentioned 1.3330 is a hot level. I reckon we will bounce around this, but 13470 is on my eyesight now, thanks to you. Some days GBP moves 300pips one way.
Ignored
Yes exactly by 1.332 I meant the 1.33 area. Its best to long at round psychological levels true.
Thanks for that, yes thats my TP level. Lets see
 
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