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Cable Update (GBPUSD)

  • #640,361
  • Nov 19, 2021 3:21am Nov 19, 2021 3:21am
Quoting Headland
{quote} It seems to me that as price got deeper into that prev wkly sw lo zone that extends to 3535, the bears were waiting for a chance to attack and restart the dly/wkly downtrend after the p/back from 3353? I've been talking about the potential for that all week,
make sense , but ill prefer waiting and see the full potensial of price extend first , depend on the react on each line ,
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #640,362
  • Nov 19, 2021 3:23am Nov 19, 2021 3:23am
1.3470 changed now to resistance.

limegreen rectangle is clear buying zone
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 48 KB
trading is like dancing, don't think and just listen to the music!
  • #640,363
  • Nov 19, 2021 3:23am Nov 19, 2021 3:23am
Quoting Waveskierrob
{quote} SHORT 1.3500 no tp no sl
Closed SHORT 1.3448 + 52 nices ones
  • #640,364
  • Nov 19, 2021 3:24am Nov 19, 2021 3:24am
Quoting Headland
{quote} It seems to me that as price got deeper into that prev wkly sw lo zone that extends to 3535, the bears were waiting for a chance to attack and restart the dly/wkly downtrend after the p/back from 3353? I've been talking about the potential for that all week,
I think a lot of us were waiting for the 13535 as an area of drop. I had mentioned earlier this week if we broke north if 1355 we could see 136. However it’s been teasing a break above 135 for a few days now and it hasn’t happened so I suppose the drop was inevitable
Insane in the Brain..
  • #640,365
  • Nov 19, 2021 3:25am Nov 19, 2021 3:25am
Quoting Waveskierrob
{quote} Closed SHORT 1.3448 + 52 nices ones
Well done !!
Insane in the Brain..
  • #640,366
  • Nov 19, 2021 3:28am Nov 19, 2021 3:28am
Quoting Waveskierrob
{quote} Closed SHORT 1.3448 + 52 nices ones

i flip the coin too and was lucky
MY OPINION NOT FINANCIAL ADVISE
  • #640,367
  • Nov 19, 2021 3:30am Nov 19, 2021 3:30am
Quoting nAVIN2007
any idea why GBP is falling like this?
USD rate hike being priced in.
Compulsions can be hard to resist
  • #640,368
  • Nov 19, 2021 3:31am Nov 19, 2021 3:31am
Lovely friday
Attached Image
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #640,369
  • Nov 19, 2021 3:31am Nov 19, 2021 3:31am
Quoting Waveskierrob
SHORT 1.3490 no sl no tp
Closed SHORT 1.3440 +50
  • #640,370
  • Nov 19, 2021 3:36am Nov 19, 2021 3:36am
Quoting nAVIN2007
any idea why GBP is falling like this?
Believe or not, this is one of the reasons. They are very powerful in turning the markets and for tops / bottoms
Attached Image (click to enlarge)
Click to Enlarge Name: GU Lunar Eclipse.jpg Size: 35 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #640,371
  • Nov 19, 2021 3:41am Nov 19, 2021 3:41am
Attached Image (click to enlarge)
Click to Enlarge Name: df.png Size: 183 KB
Trendlines H1,H4, SMC
  • #640,372
  • Nov 19, 2021 3:43am Nov 19, 2021 3:43am
Whales are finally bying Dollar, waited since last Thursday.

Nice drop. Bounced of S3.
  • #640,373
  • Nov 19, 2021 3:43am Nov 19, 2021 3:43am
will this mf break 1.34?
  • #640,374
  • Nov 19, 2021 3:44am Nov 19, 2021 3:44am
Quoting Jolita
Whales are finally bying Dollar, waited since last Thursday. Nice drop. Bounced of S3.
thats the area someone mentioned earlier?
Insane in the Brain..
  • #640,375
  • Nov 19, 2021 3:46am Nov 19, 2021 3:46am
Quoting mysterio
{quote} Agree, we are not done yet on the DXY, this is just a pullback, we will rally probably tomorrow, and GU will sink H4 chart the most relevant {image}
Attached Image (click to enlarge)
Click to Enlarge Name: guuu.png Size: 66 KB
  • #640,376
  • Nov 19, 2021 3:46am Nov 19, 2021 3:46am
...bulls fell @ the 1st hurdle on 1st recovery attempt right @ the then 23.6% fib of the drop down today and that prev 1hr sw lo zone that starts @ 3451= prev supp = pot sbr. Now price lands in that prev 1hr sw lo zone that extends down to 3416, around Dly S3 @ the current dly lo....some demand emerges there.

How strong are the bulls now? 103% 30day adr travelled so far today. 59% of 13wk awr so far on this last day of trading week.

EDIT: 1hr below added
Attached Image (click to enlarge)
Click to Enlarge Name: 7e924275553fec2d1aa9d160b155d9d6.png Size: 56 KB
Trader with an Edge.
  • #640,377
  • Nov 19, 2021 3:47am Nov 19, 2021 3:47am
Quoting BeeTogether
{quote} thats the area someone mentioned earlier?

Yes, 13430. Next 13380.

1h chart
Attached Image (click to enlarge)
Click to Enlarge Name: _20211119_095046.JPG Size: 180 KB
  • #640,378
  • Nov 19, 2021 3:47am Nov 19, 2021 3:47am
AND DONE! 24 PIPS, NOT PLAYING WITH GU TODAY.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD m15 (11-19-2021 0445).png Size: 33 KB
  • #640,379
  • Nov 19, 2021 3:47am Nov 19, 2021 3:47am
is buying at 1.3430 still valid? anyone?
  • #640,380
  • Nov 19, 2021 3:52am Nov 19, 2021 3:52am
Quoting nAVIN2007
will this mf break 1.34?
Pull the parachute nAv
Compulsions can be hard to resist
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