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Cable Update (GBPUSD)

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  • Post #702,381
  • Quote
  • Nov 1, 2022 8:40am Nov 1, 2022 8:40am
  •  thevisitor
  • Joined Sep 2019 | Status: Member | 1,490 Posts
Quoting Moty
Disliked
{image}
Ignored
No rocket?
 
2
  • Post #702,382
  • Quote
  • Nov 1, 2022 8:43am Nov 1, 2022 8:43am
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 2,577 Posts
*Forecast for NFP has been changed from 200K to 190K*

Congessional Elections getting closer, in a week. After that we should have long term direction for this pair. Either 1.21 or down into abyss..
Attached Image (click to enlarge)
Click to Enlarge

Name: NFP Forecast.png
Size: 13 KB
 
3
  • Post #702,383
  • Quote
  • Nov 1, 2022 8:44am Nov 1, 2022 8:44am
  •  Jollson
  • Joined Aug 2017 | Status: Member | 986 Posts
Quoting Moty
Disliked
mf !!!!!! i was long and waited 4 times for gu to reach daily r1 the minute i switched to short , he remember i hope this is sl hunt {image}
Ignored
This is the reason i admire n like you so much......Lol


Trade Safe
 
 
  • Post #702,384
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  • Nov 1, 2022 8:50am Nov 1, 2022 8:50am
  •  mrluckystar
  • Joined May 2011 | Status: Balance sh*t | 2,062 Posts
Quoting mrluckystar
Disliked
Sell limit with tight stop GU - 11560 EU - 0.9963 {image} {image}
Ignored
Correction.. short EU at 0.9643.
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Peace Yo!
 
 
  • Post #702,385
  • Quote
  • Nov 1, 2022 9:08am Nov 1, 2022 9:08am
  •  JameRomeo168
  • | Joined Jul 2021 | Status: Member | 182 Posts
Pound may dropping but Institutional Traders need liquidity to short this market. Above 1.165 has a lot of SL that need to be grabbed. If they want to crash this pair, Central Bank must manipulate the price to that area.
 
4
  • Post #702,386
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  • Nov 1, 2022 9:11am Nov 1, 2022 9:11am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,151 Posts
Quoting JameRomeo168
Disliked
Pound may dropping but Institutional Traders need liquidity to short this market. Above 1.165 has a lot of SL that need to be grabbed. If they want to crash this pair, Central Bank must manipulate the price to that area.
Ignored
Attached Image (click to enlarge)
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Name: EURUSDM15.png
Size: 16 KB
Indicators on my chart help me guess the trade they do not guarantee result
 
 
  • Post #702,387
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  • Nov 1, 2022 9:15am Nov 1, 2022 9:15am
  •  JameRomeo168
  • | Joined Jul 2021 | Status: Member | 182 Posts
Quoting PatienceFx
Disliked
{quote} {image}
Ignored
Wrong thread or you are trying to tell me something?
 
1
  • Post #702,388
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  • Nov 1, 2022 9:22am Nov 1, 2022 9:22am
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,070 Posts
Quoting JameRomeo168
Disliked
Pound may dropping but Institutional Traders need liquidity to short this market. Above 1.165 has a lot of SL that need to be grabbed. If they want to crash this pair, Central Bank must manipulate the price to that area.
Ignored
If the Central bank wants to crash this pair, they don't need institutional traders to do it. They can do it all on their own!
Stubborn, often slow but still learning!
 
2
  • Post #702,389
  • Quote
  • Nov 1, 2022 9:22am Nov 1, 2022 9:22am
  •  GGekkoGreed
  • | Joined May 2018 | Status: Member | 152 Posts
news coming up... Closed my position... let the big players fight this one...
 
2
  • Post #702,390
  • Quote
  • Nov 1, 2022 9:26am Nov 1, 2022 9:26am
  •  maxi444
  • | Joined Jan 2012 | Status: Member | 542 Posts | Online Now
Quoting Moty
Disliked
{image}
Ignored
Socrates: “I know that I know nothing”
 
4
  • Post #702,391
  • Quote
  • Nov 1, 2022 9:31am Nov 1, 2022 9:31am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,057 Posts | Online Now
Quoting JameRomeo168
Disliked
Pound may dropping but Institutional Traders need liquidity to short this market. Above 1.165 has a lot of SL that need to be grabbed. If they want to crash this pair, Central Bank must manipulate the price to that area.
Ignored

My friend, copy you
I come from the future.
 
1
  • Post #702,392
  • Quote
  • Nov 1, 2022 9:33am Nov 1, 2022 9:33am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,057 Posts | Online Now
Quoting chipsngravey
Disliked
{quote} Hi Pat, how do you tell the difference?, because looking at them i could still me getting into some sort of trouble one way or another! LOL
Ignored
Same as trading.... it's always 50/50.
If you're in the wrong choice , always place stop... ( I mean stop loss)....
I come from the future.
1
4
  • Post #702,393
  • Quote
  • Nov 1, 2022 9:41am Nov 1, 2022 9:41am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,421 Posts
Quoting Robinhood1
Disliked
{quote} Target for short 1644,50 and 1642,80
Ignored
Lowering targdet to 1639/40 and closed all longs. Gold
PHASE II running 666
 
1
  • Post #702,394
  • Quote
  • Nov 1, 2022 9:45am Nov 1, 2022 9:45am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,151 Posts
Quoting TheWolf
Disliked
*Forecast for NFP has been changed from 200K to 190K* Congessional Elections getting closer, in a week. After that we should have long term direction for this pair. Either 1.21 or down into abyss.. {image}
Ignored
thank you for this wonderful indicator Wolf sir
Attached Image (click to enlarge)
Click to Enlarge

Name: GBPUSDH1.png
Size: 18 KB
Indicators on my chart help me guess the trade they do not guarantee result
 
1
  • Post #702,395
  • Quote
  • Nov 1, 2022 9:46am Nov 1, 2022 9:46am
  •  easyrider134
  • | Joined Jan 2022 | Status: Member | 11 Posts
looks like stop hunt on 1min. I'm still planning for a reversal at psy lo
 
 
  • Post #702,396
  • Quote
  • Nov 1, 2022 9:48am Nov 1, 2022 9:48am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,556 Posts
Quoting TheWolf
Disliked
*Forecast for NFP has been changed from 200K to 190K* Congessional Elections getting closer, in a week. After that we should have long term direction for this pair. Either 1.21 or down into abyss.. {image}
Ignored
its up on the monthly
#doyourownanalysisordietryin
 
1
  • Post #702,397
  • Quote
  • Nov 1, 2022 9:49am Nov 1, 2022 9:49am
  •  MrFanciful
  • | Joined Mar 2021 | Status: Member | 773 Posts
Quoting Pat Chiko
Disliked
{quote} Same as trading.... it's always 50/50. If you're in the wrong choice , always place stop... ( I mean stop loss)....
Ignored
Read a trading book that stated that as you don't know what the next trade coming in is going to be, as in buy or sell, you don't know when it's going to be submitted and you don't know the volume; there is literally no way of knowing whether the market is going to go up or down at any given time. All you know is what the market has already done.

As such all you can do is determine how much you're willing to lose.
 
 
  • Post #702,398
  • Quote
  • Nov 1, 2022 9:50am Nov 1, 2022 9:50am
  •  MrFanciful
  • | Joined Mar 2021 | Status: Member | 773 Posts
It's going to start getting jittery now
 
 
  • Post #702,399
  • Quote
  • Nov 1, 2022 9:50am Nov 1, 2022 9:50am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,421 Posts
whenever you see a clean drop as indicated by the arrow and also the impossibility of filling according to the black line, and the return invades the area, retreat from the green dots by 40%. I may be wrong
Attached Image (click to enlarge)
Click to Enlarge

Name: Captura de pantalla (5231)_LI.jpg
Size: 417 KB
PHASE II running 666
 
 
  • Post #702,400
  • Quote
  • Nov 1, 2022 9:50am Nov 1, 2022 9:50am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,057 Posts | Online Now
Hey JUDE,
long time didn't hear you Bro.
Hope everything is back (or almost ) to normal in Sri Lanka.

Did you managed to escape on the last minute attempt with Raja Paksa ?
I come from the future.
1
 
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