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Cable Update (GBPUSD)

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  • Post #727,381
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  • Feb 8, 2023 1:22pm Feb 8, 2023 1:22pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,716 Posts
Quoting Pat Chiko
Disliked
{quote} GU First trouble area. Watch out as price may want to test the FL. If you're not feeling confident, it's okay to step away and come back later or even the next day. Remember, there will always be opportunities to trade in the forex market, so don't feel pressured to force a trade if you're not comfortable.{image}
Ignored
Pat Chiko, you knew what I'm going to post.
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Always trade your own plan...I don't provide trading signals.
 
4
  • Post #727,382
  • Quote
  • Feb 8, 2023 1:23pm Feb 8, 2023 1:23pm
  •  raklian
  • Joined May 2017 | Status: Member | 908 Posts
Dear GBPUSD, make up your mind! And go down!
 
2
  • Post #727,383
  • Quote
  • Feb 8, 2023 1:29pm Feb 8, 2023 1:29pm
  •  tauhidur
  • | Joined Feb 2020 | Status: Member | 139 Posts
Quoting raklian
Disliked
Dear GBPUSD, make up your mind! And go down!
Ignored
Maximum want they go in the up so why you disturbed them for down.
 
 
  • Post #727,384
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  • Feb 8, 2023 1:31pm Feb 8, 2023 1:31pm
  •  raklian
  • Joined May 2017 | Status: Member | 908 Posts
Quoting tauhidur
Disliked
{quote} Maximum want they go in the up so why you disturbed them for down.
Ignored
Because I have a short position and it's in my best interest, obviously.
 
2
  • Post #727,385
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  • Feb 8, 2023 1:33pm Feb 8, 2023 1:33pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,716 Posts
[quote=Pat Chiko;14318875]
Quoting Coreg2004
Disliked
{quote}{image} wishful thinking.......
Ignored
Pat, yes, maybe, perhaps. I would be more inclined to your point of view if you posted Mbappe's picture...
Always trade your own plan...I don't provide trading signals.
 
2
  • Post #727,386
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  • Feb 8, 2023 1:35pm Feb 8, 2023 1:35pm
  •  tauhidur
  • | Joined Feb 2020 | Status: Member | 139 Posts
Quoting raklian
Disliked
{quote} Because I have a short position and it's in my best interest, obviously.
Ignored

hahaha but logicaly i think tread is up.
 
1
  • Post #727,387
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  • Feb 8, 2023 1:36pm Feb 8, 2023 1:36pm
  •  dempire1
  • Joined Jun 2021 | Status: Newbie Scalper | 754 Posts
Quoting catch22
Disliked
{quote} I'll send you drugs.
Ignored
The snow pretty please
Trade what you see not what you think.
 
2
  • Post #727,388
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  • Feb 8, 2023 1:36pm Feb 8, 2023 1:36pm
  •  hilesanmey
  • | Joined Nov 2021 | Status: Junior Member | 3 Posts | Online Now
Quoting tauhidur
Disliked
{quote} hahaha but logicaly i think tread is up.
Ignored
I'm logically obliged to agree with you given GBPUSD just regained monthly support.
 
 
  • Post #727,389
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  • Feb 8, 2023 1:37pm Feb 8, 2023 1:37pm
  •  raklian
  • Joined May 2017 | Status: Member | 908 Posts
Quoting tauhidur
Disliked
{quote} hahaha but logicaly i think tread is up.
Ignored
Well, I do think there is a possibility for a new high before reversing to the downside.
 
1
  • Post #727,390
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  • Feb 8, 2023 1:42pm Feb 8, 2023 1:42pm
  •  Wavegarrick
  • Joined Sep 2017 | Status: Active | 3,031 Posts
Quoting Wavegarrick
Disliked
{quote} I am starting to get subtle bullish hints from a 4 hr perspective. My weekly pivot at 1.21722 a reasonable target. Cheers. {image}
Ignored
4 hr candle rejection off my yearly pivot at 1.2055. Price is above my future daily pivot (yellow highlight) at 1.20719 ish, for now. I am getting full bullish confirmation signals from a 4 hrly perspective and I guess pullbacks towards and above 1.20500 should be seen as buy opportunities for a target of my weekly pivot at 1.21722. Patience key here.
We are a few days from the mid point of the first quarter of this year.
Trade well.
Cheers.
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Trade to trade another day
 
5
  • Post #727,391
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  • Feb 8, 2023 1:47pm Feb 8, 2023 1:47pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,236 Posts
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  • Post #727,392
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  • Feb 8, 2023 1:50pm Feb 8, 2023 1:50pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,038 Posts
[quote=Coreg2004;14318915]
Quoting Pat Chiko
Disliked
{quote} Pat, yes, maybe, perhaps. I would be more inclined to your point of view if you posted Mbappe's picture...
Ignored
I wanted to.
But since Mbappe doesn't show the sign discreetly, I switch to Ronaldo photo.
Anyway, here Mbappe, photo showing the same sign in different way, just to please you......
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I come from the future.
1
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  • Post #727,393
  • Quote
  • Feb 8, 2023 1:55pm Feb 8, 2023 1:55pm
  •  Gonzzo
  • | Joined Dec 2022 | Status: Member | 147 Posts
we will act according to the situation, the market itself shows what needs to be done, I think that I agree that a rollback to 1.2053 may not be
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  • Post #727,394
  • Quote
  • Feb 8, 2023 1:57pm Feb 8, 2023 1:57pm
  •  post
  • Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,904 Posts
GU kinda formed a double top at/around 1.2440-46 and waiting... US CPI next week could just light the fuse

Happy Trading
Trades on fundamentals that enforce technical moves
 
2
  • Post #727,395
  • Quote
  • Feb 8, 2023 2:21pm Feb 8, 2023 2:21pm
  •  Erto
  • | Joined Feb 2020 | Status: Member | 467 Posts
While waiting for CPI we should also consider Fed Governor Christopher Waller sentiment he warns that interest rates could go higher than expectations. Yet I'm not surprised why the pair is selling
I'm enjoying the wins because I was once terrified by loses
Erto All Time Return: 6.8%
 
1
  • Post #727,396
  • Quote
  • Feb 8, 2023 2:24pm Feb 8, 2023 2:24pm
  •  palpite
  • Joined Sep 2015 | Status: Under Pressure | 3,790 Posts
Quoting palpite
Disliked
sell - 1.2088
Ignored
trade closed - 1.2078
Together we can be strongest
 
1
  • Post #727,397
  • Quote
  • Feb 8, 2023 2:36pm Feb 8, 2023 2:36pm
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,161 Posts
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Follow The Markets Structure - Patience and Discipline
 
3
  • Post #727,398
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  • Feb 8, 2023 2:56pm Feb 8, 2023 2:56pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,236 Posts
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  • Post #727,399
  • Quote
  • Feb 8, 2023 3:06pm Feb 8, 2023 3:06pm
  •  Nicco31
  • | Joined Mar 2021 | Status: Member | 117 Posts
gbpusd on h4 timeframe shows descending movement. falling will be more and more.
 
1
  • Post #727,400
  • Quote
  • Feb 8, 2023 3:16pm Feb 8, 2023 3:16pm
  •  palpite
  • Joined Sep 2015 | Status: Under Pressure | 3,790 Posts
buy - 1.2066

target - 1.2076

stop loss - 1.2056
Together we can be strongest
 
3
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