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Cable Update (GBPUSD)

  • #701,201
  • Oct 27, 2022 4:35am Oct 27, 2022 4:35am
Quoting Whale
{quote} almost.... waiting game. {image}
done
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  • #701,202
  • Oct 27, 2022 4:35am Oct 27, 2022 4:35am
Quoting Fardeen1209
{quote} Let's say the ECB hike by the expected 75bps, a large proportion had already been priced in and 3% probability move to 100bps priced in . So TP will occur "buy the rumor sell the news" With US GDP expecting to be around > 2.3% consensus (at 3%), bulllish for USD- Bearish for Cable. Fundamentally, Bias is short. Technical 4hr candle rejection at RSF zone- Bearsih. LT, 30 mins the fresh QM => RSF activated, but when i look more deeply, idk buying it was right or wrong. SO i setp Sl at BE and no TP level for the momment. I am not too confident...
Closed my buy at +4 manually.
Took a reverse trade +38pips secured.
More time in the market, does not mean you trade better!
  • #701,203
  • Oct 27, 2022 4:36am Oct 27, 2022 4:36am

nice to see bulls after long time..in uj
Blank and Empty
  • #701,204
  • Oct 27, 2022 4:36am Oct 27, 2022 4:36am
Quoting dantpm
{quote} The question now is what is the practical target? 1.155, 1.156, 1.149, ...
Not at Home now, I don't know. Probably next S. Gray line on H4. Don't know the price.. when I get home.
  • #701,205
  • Oct 27, 2022 4:37am Oct 27, 2022 4:37am
Will the OB hold?
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More time in the market, does not mean you trade better!
  • #701,206
  • Oct 27, 2022 4:37am Oct 27, 2022 4:37am
Quoting PatienceFx
{quote} increased my risk 5 times for this trade {image}
target hit, zzzzzzzzzz time
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  • #701,207
  • Oct 27, 2022 4:41am Oct 27, 2022 4:41am
Quoting TheWolf
{quote} Not at Home now, I don't know. Probably next S. Gray line on H4. Don't know the price.. when I get home.
Support 11547/59
Trying L 11557
COT: The precious data ignored
  • #701,208
  • Oct 27, 2022 4:42am Oct 27, 2022 4:42am
Quoting buffedmage
nice to see bulls after long time..in uj
Tommorow.. Weekly Candle is 200 pips from Weekly Support (gray line) which I'm confident will touch either this or next Week.

From there Buy continuation could continue. I expect 150 again, either double top or 155, 160.

Thing is recession didn't even start yet officially at least right..
BoJ also still keeping negative interest rates.

This High isn't THE HIGH (152), in my opinion but we shall see.
Buying USD could prove amazing against Yen when the time comes and Weekly touches Support.
  • #701,209
  • Oct 27, 2022 4:44am Oct 27, 2022 4:44am
Hello all,

I think GBPUSD up trend is still in tact . I think we are in a correction phase and after it has finished the retracement it will be bought again and bulls will take over to send the sterling pound to even a higher levels.

So in my opinion the GBPUSD still has a good opportunity tobe bought .

The market is the master of all analysis so ,Let's let the market prove me wrong .

Thanks
I always knew that someday I would make it big
  • #701,210
  • Oct 27, 2022 4:48am Oct 27, 2022 4:48am
Quoting TheWolf
{quote} Tommorow.. Weekly Candle is 200 pips from Weekly Support (gray line) which I'm confident will touch either this or next Week. From there Buy continuation could continue. I expect 150 again, either double top or 155, 160. Thing is recession didn't even start yet officially at least right.. BoJ also still keeping negative interest rates. This High isn't THE HIGH (152), in my opinion but we shall see. Buying USD could prove amazing against Yen when the time comes and Weekly touches Support.
thanks , i love this good news for me..going to keep watch my green
Blank and Empty
  • #701,211
  • Oct 27, 2022 4:48am Oct 27, 2022 4:48am
Quoting EvilEye
My target is 1.1544 which should knock out some buy trade stoplosses
interesting, I m out at 1554
  • #701,212
  • Oct 27, 2022 4:49am Oct 27, 2022 4:49am
Quoting forexer
Hello all, I think GBPUSD up trend is still in tact . I think we are in a correction phase and after it has finished the retracement it will be bought again and bulls will take over to send the sterling pound to even a higher levels. So in my opinion the GBPUSD still has a good opportunity tobe bought . The market is thw master of all analysis so ,Let's let the market prove me wrong . Thanks
Could be, could be.
We reached the first station of 1.15, now at second station on 1.164, third station should be a bigger leg to 1.20.

Today I'm sceptical about buying Pound and Euro.
Whenever CB raises rates, the currency seem to depreciate on that exact day of rate hike. We'll see yeah..

Retracement to 1.15 could happen or what kuroro mentioned above.
  • #701,213
  • Oct 27, 2022 4:49am Oct 27, 2022 4:49am
Quoting PatienceFx
{quote} target hit, zzzzzzzzzz time {image}
1470 looks exciting like this window, but chances of reaching it is low
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  • #701,214
  • Oct 27, 2022 4:53am Oct 27, 2022 4:53am
g report at 12...
  • #701,215
  • Oct 27, 2022 4:55am Oct 27, 2022 4:55am
Hello trading friends

I got called back to work at 3.15 am because 4 people are down with the virus. So I have just worked nearly 16 hours straight and I'm tired. I didn't even put the car in the garage, it can sleep outside tonight. So I don't think that I will be here for long or make any trades today. Sometimes life deals a strange hand that we must play out to see where it goes.

I think I need coffee
I am neither brave nor stupid...I am just a part time trader
  • #701,216
  • Oct 27, 2022 4:58am Oct 27, 2022 4:58am
Quoting Indiara
Hello trading friends I got called back to work at 3.15 am because 4 people are down with the virus. So I have just worked nearly 16 hours straight and I'm tired. I didn't even put the car in the garage, it can sleep outside tonight. So I don't think that I will be here for long or make any trades today. Sometimes life deals a strange hand that we must play out to see where it goes. I think I need coffee
Go and grab your Hot and strong black coffee, sit on the couch and relax.
More time in the market, does not mean you trade better!
  • #701,217
  • Oct 27, 2022 4:58am Oct 27, 2022 4:58am
Quoting Indiara
Hello trading friends I got called back to work at 3.15 am because 4 people are down with the virus. So I have just worked nearly 16 hours straight and I'm tired. I didn't even put the car in the garage, it can sleep outside tonight. So I don't think that I will be here for long or make any trades today. Sometimes life deals a strange hand that we must play out to see where it goes. I think I need coffee
coffee is good, virus is bad, take care !
  • #701,218
  • Oct 27, 2022 5:04am Oct 27, 2022 5:04am
The holidays getting better as we trade
  • #701,219
  • Oct 27, 2022 5:05am Oct 27, 2022 5:05am
Last move coming in most instruments, the typical one that traps.
POSTMASTER
  • #701,220
  • Oct 27, 2022 5:06am Oct 27, 2022 5:06am
Quoting Indiara
Hello trading friends I got called back to work at 3.15 am because 4 people are down with the virus. So I have just worked nearly 16 hours straight and I'm tired. I didn't even put the car in the garage, it can sleep outside tonight. So I don't think that I will be here for long or make any trades today. Sometimes life deals a strange hand that we must play out to see where it goes. I think I need coffee
Same here, gotta work more than necessary, also sick people.
Just out of interest, are those people vaccinated or not?

Seems to me that people that are are the ones that are getting sick and not the other way around. I'm not for example and haven't had anything. Had it once when all did and that's it. Fever for a few days and that's it, good as new..
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