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Cable Update (GBPUSD)

  • #642,481
  • Dec 1, 2021 8:10am Dec 1, 2021 8:10am
Quoting Pat Chiko
{quote} GU What a lucky trade it is. I thought, this will go under and ended up with Stop Loss. Wow, what a lucky news it is, Not sure what news was all about ?. Lucky my drawdown was about 12,7 pips. Nearly take me out. {image}
good on you

Attached Image (click to enlarge)
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  • #642,482
  • Dec 1, 2021 8:12am Dec 1, 2021 8:12am
Quoting Jolita
{quote} On weekly we are heading towards 148, daily is bullish outlook. Good for both sides.
Thats the question. Will price favor daily inefficiencies or weekly
  • #642,483
  • Dec 1, 2021 8:13am Dec 1, 2021 8:13am
Quoting tommydoginti
{quote} good on you {image}

Just my lucky day today.

I thought it is gone with Stop Loss.

But , still luck is order of the day.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,484
  • Dec 1, 2021 8:13am Dec 1, 2021 8:13am
Quoting Pat Chiko
{quote} GU What a lucky trade it is. I thought, this will go under and ended up with Stop Loss. Wow, what a lucky news it is, Not sure what news was all about ?. Lucky my drawdown was about 12,7 pips. Nearly take me out. {image}
  • #642,485
  • Dec 1, 2021 8:14am Dec 1, 2021 8:14am
Quoting Pat Chiko
{quote} GU What a lucky trade it is. I thought, this will go under and ended up with Stop Loss. Wow, what a lucky news it is, Not sure what news was all about ?. Lucky my drawdown was about 12,7 pips. Nearly take me out. {image}
Its all about those very large volumes in those stop loss clusters with alot of winning trades mate. They need to take out at least half before te GBP bad news in a while and whatever else comes from Powell and Yellen to justify the big move down later. But those stops above wil IMO be taken today
  • #642,486
  • Dec 1, 2021 8:17am Dec 1, 2021 8:17am
Quoting pamc
{quote} Its all about those very large volumes in those stop loss clusters with alot of winning trades mate. They need to take out at least half before te GBP bad news in a while and whatever else comes from Powell and Yellen to justify the big move down later. But those stops above wil IMO be taken today
High liquidity at the bottom yet to be tapped.

I wonder how's they going to manipulate the price to grab those liquidity at the bottom.

Still haven't see the plot yet.

Maybe will reveal in the next RED news, with more reliable set up.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,487
  • Dec 1, 2021 8:18am Dec 1, 2021 8:18am
Long in at 1.3357

Small lot and hope to build position at better price
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #642,488
  • Dec 1, 2021 8:18am Dec 1, 2021 8:18am
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yes yes yes
  • #642,489
  • Dec 1, 2021 8:20am Dec 1, 2021 8:20am
Quoting pamc
{quote} Its all about those very large volumes in those stop loss clusters with alot of winning trades mate. They need to take out at least half before te GBP bad news in a while and whatever else comes from Powell and Yellen to justify the big move down later. But those stops above wil IMO be taken today

In an hours,

that may bring SPIKE down.

Need to look at H4 formation for this spikey trades.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,490
  • Dec 1, 2021 8:22am Dec 1, 2021 8:22am
We should expect to see a big candle for this month with a minimal of 725 and maximal of 950 pips. However if market stays lackadaisical we should stay with monthly ranges as per on this year value between 315/525pips. Which way to go perhaps price still have phobia for 1.33700 which should be the focal point of interest.
Keep the Lights on then you can catch the rise from the dark.
  • #642,491
  • Dec 1, 2021 8:40am Dec 1, 2021 8:40am
Quoting TrickorTrade
{quote} Thats the question. Will price favor daily inefficiencies or weekly
Its a new month a new beginning.
Risk easing, London getting festive and we will be allowed to celebrate Christmas!
Attached Image (click to enlarge)
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https://www.bbc.co.uk/news/health-59414343
  • #642,492
  • Dec 1, 2021 8:44am Dec 1, 2021 8:44am
Quoting Jolita
{quote} Its a new month a new beginning. Risk easing, London getting festive and we will be allowed to celebrate Christmas! {image} https://www.bbc.co.uk/news/health-59414343
Yes lowering risk this month would be good.
Thats a sick ride!
  • #642,493
  • Dec 1, 2021 8:46am Dec 1, 2021 8:46am
GJ already up 2+ times my risk.
  • #642,494
  • Dec 1, 2021 8:55am Dec 1, 2021 8:55am
Whats happend yesterday it was unusual,it should bottomed several houres,many houres maybe till today,but it touched and returned up at the same level.Its pure manipulation.
  • #642,495
  • Dec 1, 2021 8:59am Dec 1, 2021 8:59am
Today’s Daily candle is the breaker candle to the upside.
If the candle stays up the line, then we can look for a pull back into the breaker candle for LONGS tomorrow.

This process occurred yesterday on EURUSD and I’m LONG for about 70pips minimum and 124 pip Maximum.

Good luck
My telegram: https://t.me/avidforex
  • #642,496
  • Dec 1, 2021 8:59am Dec 1, 2021 8:59am
Quoting Jolita
{quote} Its a new month a new beginning. Risk easing, London getting festive and we will be allowed to celebrate Christmas! {image} https://www.bbc.co.uk/news/health-59414343

Nice car Jolita.

Didn't know you drive the pink Nissan Figaro in London.

Nice and sweet ...

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,497
  • Dec 1, 2021 9:02am Dec 1, 2021 9:02am
EUR yes first daily candle without red today,GU still under red daily.If stay like this eur trend daily changes.It can go even down,but trend changes.Eur show red daily candles from 26 oct.
  • #642,498
  • Dec 1, 2021 9:08am Dec 1, 2021 9:08am
short 13350 no sl no tp


Waveskie strategy
MY OPINION NOT FINANCIAL ADVISE
  • #642,499
  • Dec 1, 2021 9:09am Dec 1, 2021 9:09am
Quoting Theoak
Long in at 1.3357 Small lot and hope to build position at better price {image}
Bingo Bongo - Waiting all day then nail two pairs
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Don't trade what you think. Just what you see!!!
  • #642,500
  • Dec 1, 2021 9:09am Dec 1, 2021 9:09am
Quoting Pat Chiko
{quote} GU What a lucky trade it is. I thought, this will go under and ended up with Stop Loss. Wow, what a lucky news it is, Not sure what news was all about ?. Lucky my drawdown was about 12,7 pips. Nearly take me out. {image}
GU

Target 1 QM level


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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