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Cable Update (GBPUSD)

  • #641,421
  • Nov 25, 2021 1:16am Nov 25, 2021 1:16am
Quoting Waveskierrob
{quote} Ah sorry but this is the average price for a loaf

Cannot be 70 Quid for loaf of bread. I M P O S S I B L E

Let me run to The Bake House - will check their price for the bread loaf.


Attached Image (click to enlarge)
Click to Enlarge Name: The bake house.jpg Size: 60 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #641,422
  • Nov 25, 2021 1:21am Nov 25, 2021 1:21am
Quoting Pat Chiko
{quote} Cannot be 70 Quid for loaf of bread. I M P O S S I B L E Let me run to The Bake House - will check their price for the bread loaf. {image}
If that's the case I must have words with my butler
  • #641,423
  • Nov 25, 2021 1:21am Nov 25, 2021 1:21am
Quoting stevepatt
{quote} GBP/USD H4 M30 Observations {image} {image}
What do the areas you draw mean?
  • #641,424
  • Nov 25, 2021 1:24am Nov 25, 2021 1:24am
Quoting 3xtazzy
{image}
Daily pivot line is looking strong to hold the price
  • #641,425
  • Nov 25, 2021 1:25am Nov 25, 2021 1:25am
the trend is still down on this TF
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #641,426
  • Nov 25, 2021 1:28am Nov 25, 2021 1:28am
Quoting Waveskierrob
{quote} If that's the case I must have words with my butler

Story of English guy and Irish Ranger

The Englishman steals three buns and puts them into his pocket and leaves.
He says to the Irishman Ranger

“That took great skill and guile to steal those buns.
The owner didn’t even see me.”

The Irishman Ranger replied, “That’s just simple thievery, ill show you how to do it the honest way and get the same results.”

The Irishman Ranger then proceeded to call out the owner of the bakery and says,
“Sir, I want to show you a magic trick.”

The owner who was quite bored decided to entertain the Irishman Ranger.
The Irishman asked him for a bun and then he proceeded to eat it.
He asked 2 more times after eating them again the owner says, “Okay my friend, where’s the magic trick?”.

The Irishman then said, “Take a look in the Englishman’s pockets.”
Sorry to offense you in anyway, but this is real story from Irish Ranger with no fear.

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #641,427
  • Nov 25, 2021 1:38am Nov 25, 2021 1:38am
I am currently long Gbpusd and gold
  • #641,428
  • Nov 25, 2021 1:47am Nov 25, 2021 1:47am
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #641,429
  • Nov 25, 2021 2:02am Nov 25, 2021 2:02am
Quoting gatenio
Im the only one who think fomc without rate talk have very low impact. market will not move imo. but 20 pips like mysetrio saying make sense
Do you only trade GU and Gold?
  • #641,430
  • Nov 25, 2021 2:10am Nov 25, 2021 2:10am
Quoting Ihlas
{quote} Do you only trade GU and Gold?
EU and oil.

i've opened last week new account with new broker with better spreads and swap fees, i will start look for other pairs in the near future.
  • #641,431
  • Nov 25, 2021 2:14am Nov 25, 2021 2:14am
Quoting Wavegarrick
{quote} So far so good Folks. The above trade from yesterday playing out accordingly. I managed to get a few more sell trades in with the retrace towards my daily pivot. A daily close below 1.33500 should send us towards 1.33000. Take care, Cheers. {image}
Shorts added just below 1.33500.
Cheers.
Trade to trade another day
  • #641,432
  • Nov 25, 2021 2:15am Nov 25, 2021 2:15am
shorty for a while waiting
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #641,433
  • Nov 25, 2021 2:15am Nov 25, 2021 2:15am
this is the 4th time the falling moving averages have been touched on H1.

it is very rare that it will work a 4th time and prices are falling again.

so i expect rather huge momentum for the upside than for the downside.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 102 KB
trading is like dancing, don't think and just listen to the music!
  • #641,434
  • Nov 25, 2021 2:17am Nov 25, 2021 2:17am
3 x SHORTS BE 1.3338 let's have it
  • #641,435
  • Nov 25, 2021 2:21am Nov 25, 2021 2:21am
I took the short this time, reason they will usually try to at least take out yesterdays longs before anything, as always i put my stops to breakeven after about 8-10 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU (1)111.png Size: 133 KB
Click to Enlarge Name: GBPUSDM1.png Size: 53 KB
  • #641,436
  • Nov 25, 2021 2:24am Nov 25, 2021 2:24am
Quoting mysterio
I took the short this time, reason they will usually try to at least take out yesterdays longs before anything, as always i put my stops to breakeven after about 8-10 pips {image} {image}
GU and EU at a equal kind of resistance too
Emotional Control. Process, not outcome.
  • #641,437
  • Nov 25, 2021 2:26am Nov 25, 2021 2:26am
Quoting birdland
this is the 4th time the falling moving averages have been touched on H1. it is very rare that it will work a 4th time and prices are falling again. so i expect rather huge momentum for the upside than for the downside. {image}
rarely but when happen , its usually taking the stop hunt below and back
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #641,438
  • Nov 25, 2021 2:26am Nov 25, 2021 2:26am
Happy thanksgiving to all my brothers and sisters celebrating it!
  • #641,439
  • Nov 25, 2021 2:27am Nov 25, 2021 2:27am
Quoting Wavegarrick
{quote} Shorts added just below 1.33500. Cheers.

same here
''
hope it work out
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #641,440
  • Nov 25, 2021 2:29am Nov 25, 2021 2:29am
5 min divergence is working gold
Attached Image (click to enlarge)
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