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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting TrickorTrade
I see no high probability setups with GU or GJ yet. Id wait to take the best trade especially during end of this year. GA might give opportunities. Patience. Taking no trades is a trade as well.
'Patience. Taking no trades is a trade as well'. This is so true.
Quoting mysterio
{quote} I think/hope any new lockdown would just be ignored by most people now especially as there's no evidence they do anything useful (see also:face coverings) and plenty to the contrary This is just more fear-mongering and hype from the govt/media and it needs to end now We've got vaccines for vulnerable people and good therapeutics now so it's not going to get much better than this Anyway on Cable- get your buys in at the 1.3220 area and we've got clear blue skies above. 1.3350-1.34 a totally reasonable target for bulls. We've been sitting...
Here we are, lets see
Ultimate First TP is 1.35xx
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Fools Rushing
Quoting mysterio
{quote} Here we are, lets see
first rejection doing well
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting mysterio
{quote} Here we are, lets see
for me it is too stormy 20 to 35, maybe to buy higher
my view, its simple

if we are below R = short
above S = long

until one of those lines (S or R) is not crossed
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Quoting kris89
{quote} first rejection doing well
Hold iiiit
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Quoting TrickorTrade
I see no high probability setups with GU or GJ yet. Id wait to take the best trade especially during end of this year. GA might give opportunities. Patience. Taking no trades is a trade as well.
GA monthly resistance broken. Will wait for a retest and confirmation to go long.
Quoting mysterio
{quote} Hold iiiit {image}
best RR in that position bro , lets hold
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Sell opened 13235 tp around 13210.
Will buy from this area too.
Staying positive
watching , 3240 limit not hold but 3245 hold this times , london boys may try play rough a little as daily / weekly little bullish & weekly / monthly on sr ! again 3235 limit down for up broken will confirm price to go where it likely ! down for 3203/7/3186! down 3235 too !! lets move then !
anyway no clear bull or bear , so side ways only play now!
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Quoting TrickorTrade
{quote} GA monthly resistance broken. Will wait for a retest and confirmation to go long.
https://www.mql5.com/en/charts/15021...-group-limited
we will see a more ranging sideway , will add more later on dip
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting phd893
{quote} https://www.mql5.com/en/charts/15021...-group-limited
Interesting trading techniques. I see you use bars and channels
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Gbpusd long analysis
If it was easy... Everyone would do it!
Quoting TrickorTrade
{quote} GA monthly resistance broken. Will wait for a retest and confirmation to go long.
Taken a very low risk long. Will wait for more confirmations then enter another long. Otherwise we fight another day.
Entry taken at 1.85157
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Quoting mysterio
{quote} Hold iiiit {image}
My mistake not to extract all at this strong imb, my bad

i still have partial running lets see what happens, will make this my swing December trade
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I have a feeling another drop is coming, still holding my long trades.
Quoting moondoggie
{quote} Hiya mate! Hope you had a great weekend too. Great fundamental perspective, as usual I've been reading over US CPI stuff over the weekend and I came to the same conclusion. But, I still won't be trading til later when I see a bit more of how the day plays out. Best wishes to all this week, let's have a good one!
Thanks man! I am trying my best.

Well just beware, FOMC meeting is in Wednesday. No matter how good we are in reading fundamentals, it's all up to what FED members decide and say. Maybe they won't do much, because of Omicron worries. I think they will be hawkish but that's just a 60/40% guess let's say. Nothing is certain when there's a central bank meeting. Last month everyone was certain that BoE will hike the rates but it didn't happen. So having an open trade during FOMC is a big risk. A risk that will make you lose much or make you earn much.
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