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Cable Update (GBP/USD) without Idiots 23 replies

Is it just me or is cable acting random? 44 replies

Why is GBPUSD called cable? 66 replies

Cable (GBPUSD) vs Euro (EURUSD) 26 replies

cable short for gbpusd? 6 replies

Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

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Short , without SL . . . .

limit 1644 while tl supports around 1777/60 , weekly 1805 and as it is very risky for bull to have good / appropriate standard correction below 1709 , most possible up tls to to react without option if no actually crashing to bottom again. so likely bull continue for now at or over the most 2 important levels of supports 1805 and 1777/60. correction now may continue then weekly! while target at top still.
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Not understand?never follow my analyses!
Market structure HH and HL
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Trade at good levels or no trade at all!
Quoting Moty
waiting for my deposit to be updated it looks like a drop today {image} {image} {image}
Bailey will speak today at 3 pm LT, I don't think he has something good to say
Quoting ToSatisfy
{quote} I maintain the Sell for now for Gbpusd But its at a brink of changeover {image}H4 AAbove
What a tricky hard trading session

Unbelievable anyway I got my TP hit of 1.20080

But a very hard one

Going forward really its not clear whether Eurusd will pump up or be a meteor
But upto now I am hunching towards a Hardcore Pump Up that would drag Gbpusd up with it

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Timeframe H4
Shekh In Desert
Quoting Bella.al
GO BEARS! ...... .finally {image}
Wont Be So Sure Mr President
This is a hard one
But I have Sell too for now Haha
Shekh In Desert
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"Plan your trade, Trade your plan."
show me the money mf !!!!
1.20000 to 1.190000
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Inserted Video
I did not enter new buy trades on Cable since it last risen to 1.17-ish.

I did, however, short the pound when Cable was moving about 1.20-1.21 levels. I short against the yen. This may be one of my last trades for 2022.

I do see Cable retreating down to 1.14-1.15 level during the new year, and attempt another leg up to 1.25 during Q1, and 1.30 during Q2.

For now, I'm winding down my trades, for Christmas holidays. Bashing down the pound was something. I wish we have another Truss-Kwarteng moment in the future, not ruling it out entirely in 2023-24. Against the yen, I'm now looking at 163.
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Indicators on my chart help me guess the trade they do not guarantee result
I have a Buy on GU...same as yesterday. I hope for the same result!

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I am neither brave nor stupid...I am just a part time trader
Quoting PatienceFx
{image}
own it now, which one of you forced me to take this trade ?
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Indicators on my chart help me guess the trade they do not guarantee result
2050 that’s the area. Similarly how 11950 was the area of the swing last night
Quoting Indiara
I have a Buy on GU...same as yesterday. I hope for the same result! {image}
What you targeting?
Quoting PatienceFx
{quote} own it now, which one of you forced me to take this trade ? {image}
Dude i'm having my lunch
Trade at good levels or no trade at all!
Quoting BeeTogether
2050 that’s the area. Similarly how 11950 was the area of the swing last night
Pat had this running all the way up to 1.214 but right now it looks like the EU and USDX are running out of steam to support the run.
Stubborn, often slow but still learning!
Quoting Fardeen1209
{quote} Dude i'm having my lunch
Those bugs were your lunch??
Quoting BeeTogether
{quote} What you targeting?

Just under R1
I am neither brave nor stupid...I am just a part time trader
Quoting dantpm
{quote} Pat had this running all the way up to 1.214 but right now it looks like the EU and USDX are running out of steam to support the run.
A move down could take us back to 119 .. my longs are now covered at b/e
Quoting BeeTogether
{quote} Those bugs were your lunch??
Hell no, i was enjoying my lunch those bugs made my appetite run away
Trade at good levels or no trade at all!
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