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Cable Update (GBPUSD)

  • #635,401
  • Nov 2, 2021 11:36am Nov 2, 2021 11:36am
Quoting Waveskierrob
{quote} closed LONG 1.3645 -20 pips .......all FF GU positions closed +60 pips....off to do something that's not trading
Seriously??
  • #635,402
  • Nov 2, 2021 11:37am Nov 2, 2021 11:37am
Quoting Jolita
Not to sure why majority is buying. Managed to place another short order at 13653, which is creaping towards TP +50pips. Dx next weekly resistence - 94.60 ish. No bying until then for me. {image}
Good Job Jolita, your patience is paying off gradually. One more thing, do remember there will be hiccups of some mini reversal along the road but the destination remains the same as far as price doesn't close above 1.3830.
Data + Stat + Risk/Emotions Management
  • #635,403
  • Nov 2, 2021 11:51am Nov 2, 2021 11:51am
Quoting Georginson
{quote} Good Job Jolita, your patience is paying off gradually. One more thing, do remember there will be hiccups of some mini reversal along the road but the destination remains the same as far as price doesn't close above 1.3830.
With the current commentary showing dovish BoE and FOMC looking to taper this pair is going down. Can’t see 13750 let alone 138
Insane in the Brain..
  • #635,404
  • Nov 2, 2021 11:54am Nov 2, 2021 11:54am
took long
tp 1.37000
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yes yes yes
  • #635,405
  • Nov 2, 2021 11:58am Nov 2, 2021 11:58am
If 3550 first support failed then I'll wait for 3485. Possibly it will go as low as 3400 and a false break is very likely. Caution! this sensitive movement cannot predict anything. Just one thing I can say- market will retrace for sure.

https://www.tradingview.com/chart/GB...-Gbpusd-4h-up/
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Try the simple and make it for you ~
  • #635,406
  • Nov 2, 2021 11:58am Nov 2, 2021 11:58am
Gbpusd has been in a downward trend T.p could be close to 1.35600 before we possibly get a start of a new uptrend
  • #635,407
  • Nov 2, 2021 12:00pm Nov 2, 2021 12:00pm
Quoting Mitiblotch
{quote} What do you see? I see more lower prices even tonight. I think 3600 will be breached to take out the last long-suffering bull. If not tonight then tomorrow.
Might be lower, but not much. Tomorrow is buying day imho as per their instruction.
  • #635,408
  • Nov 2, 2021 12:04pm Nov 2, 2021 12:04pm
Quoting dimitricss
itchy...
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Trade with prediction = witch with her visions lol
  • #635,409
  • Nov 2, 2021 12:24pm Nov 2, 2021 12:24pm
Quoting Ihlas
{quote} Might be lower, but not much. Tomorrow is buying day imho as per their instruction.
That's why they have to breach that 3600 and take out the stop losses there. And then fly. However, with FOMC, a good dip might happen before flight.
  • #635,410
  • Nov 2, 2021 12:32pm Nov 2, 2021 12:32pm
Hmmm!!!
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  • #635,411
  • Nov 2, 2021 12:37pm Nov 2, 2021 12:37pm
Quoting Ihlas
{quote} Might be lower, but not much. Tomorrow is buying day imho as per their instruction.
Why Ihlas,???? just saying, You are very sure. Do you have an edge I don't have?
Cheers
Trade to trade another day
  • #635,412
  • Nov 2, 2021 12:41pm Nov 2, 2021 12:41pm
Quoting Mitiblotch
{quote} That's why they have to breach that 3600 and take out the stop losses there. And then fly. However, with FOMC, a good dip might happen before flight.
Yes, the breach is obvious now 1.35950 - 1.35700 (China Wall).
  • #635,413
  • Nov 2, 2021 12:42pm Nov 2, 2021 12:42pm
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Thought to plot the high/low for the BOE MPC announcements.

https://www.bankofengland.co.uk/news...dates-for-2021
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #635,414
  • Nov 2, 2021 12:44pm Nov 2, 2021 12:44pm
failure of 3600 is 3585 and 3572
Intraday only.
  • #635,415
  • Nov 2, 2021 12:52pm Nov 2, 2021 12:52pm
Quoting Jolita
Not to sure why majority is buying. Managed to place another short order at 13653, which is creaping towards TP +50pips. Dx next weekly resistence - 94.60 ish. No bying until then for me. {image}

those u saw buying ma be swing trader

not everybody is looking for 100-200 pips.
MY OPINION NOT FINANCIAL ADVISE
  • #635,416
  • Edited 1:15pm Nov 2, 2021 12:55pm | Edited 1:15pm
Quoting TooSlow
{image} Thought to plot the high/low for the BOE MPC announcements. https://www.bankofengland.co.uk/news...dates-for-2021
Correction:
These are passed levels I see now. Not to much movement.

I dont think BOE will do much. All priced in already.
  • #635,417
  • Nov 2, 2021 1:05pm Nov 2, 2021 1:05pm
Quoting Wavegarrick
{quote} Why Ihlas,???? just saying, You are very sure. Do you have an edge I don't have? Cheers
I think I have something, but I don't know if you have or notAnd that something makes it sure until it shows me vice verse and I make correction on this
Best of luck
  • #635,418
  • Nov 2, 2021 1:22pm Nov 2, 2021 1:22pm
Today...! Just M1 & M5
Gave good trades

Still awaiting for Reaction to 1.36 BRN
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Good Night Mates
Sweet Dreams
Ahmad Hassan
  • #635,419
  • Nov 2, 2021 1:31pm Nov 2, 2021 1:31pm
Quoting Ihlas
{quote} I think I have something, but I don't know if you have or notAnd that something makes it sure until it shows me vice verse and I make correction on this Best of luck
Quote
I think I have something, but I don't know if you have or not
Sure Ihlas. But your word against mine. I have nothing to gain. Nevertheless, we continue to look at your word against mine.
Cheers.
Trade to trade another day
  • #635,420
  • Nov 2, 2021 1:38pm Nov 2, 2021 1:38pm
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