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Cable Update (GBPUSD)

  • #645,161
  • Edited 10:28pm Dec 15, 2021 6:43pm | Edited 10:28pm
Quoting kris89
Nice spike to low to take liquidation . XD Now we are ready
Adding buy again @1.32550


edited : RATE today , seem we will have some playing before going up
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,162
  • Dec 15, 2021 10:54pm Dec 15, 2021 10:54pm
Quoting kris89
{quote} Adding buy again @1.32550 edited : RATE today , seem we will have some playing before going up
there a chance price may take the gap before going up around 1.32200 - 1.32300 or maybe lower
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,163
  • Dec 15, 2021 10:56pm Dec 15, 2021 10:56pm
Quoting kris89
{quote} there a chance price may take the gap before going up around 1.32200 - 1.32300 or maybe lower
cant see any price gap, what do you mean by gap?
  • #645,164
  • Dec 15, 2021 11:00pm Dec 15, 2021 11:00pm
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,165
  • Dec 15, 2021 11:12pm Dec 15, 2021 11:12pm
Today tp area is 1.32885-1.33099
yes yes yes
  • #645,166
  • Dec 15, 2021 11:53pm Dec 15, 2021 11:53pm
Quoting Jolita
1 h reverse H & S, trapped inside previous tl's 20pips more please {image}
I just found out there is heavy GBP news today. Hmm...
  • #645,167
  • Dec 16, 2021 12:15am Dec 16, 2021 12:15am
Attached Image (click to enlarge)
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yes yes yes
  • #645,168
  • Dec 16, 2021 12:38am Dec 16, 2021 12:38am
Quoting Moty
Today tp area is 1.32885-1.33099
do you believe we hit 1.340 today?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,169
  • Dec 16, 2021 12:48am Dec 16, 2021 12:48am
Quoting kris89
{quote} do you believe we hit 1.340 today?
Sometimes GU does crazy things. Let's see. It appears to me 3220 should be hit again before any rise. Maybe.
  • #645,170
  • Dec 16, 2021 12:52am Dec 16, 2021 12:52am
signal
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yes yes yes
  • #645,171
  • Dec 16, 2021 12:55am Dec 16, 2021 12:55am
Quoting Mitiblotch
{quote} Sometimes GU does crazy things. Let's see. It appears to me 3220 should be hit again before any rise. Maybe.
its depend on news , its rate and some economical growth within combine with last CPI , we could have a good sign of strong GBP along
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,172
  • Dec 16, 2021 12:59am Dec 16, 2021 12:59am
Quoting Mitiblotch
{quote} Sometimes GU does crazy things. Let's see. It appears to me 3220 should be hit again before any rise. Maybe.
we have a lot of data and news announcements today
anything is possible
i will take 1.33100 that will give me 100$ profit
yes yes yes
  • #645,173
  • Dec 16, 2021 1:05am Dec 16, 2021 1:05am
the LO should get more higher price on GU , the optimis of the england growth with a good data as far release , a good data = good economic growth = strong GBP
and technical is support also with the daily close yesterday , so we will expect more higher / break that 1.33200
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,174
  • Dec 16, 2021 1:09am Dec 16, 2021 1:09am
I added another long last night just before the FOMC at 13217 area. TP is 133-13350 SL already moved to 13230
Insane in the Brain..
  • #645,175
  • Dec 16, 2021 1:09am Dec 16, 2021 1:09am
Quoting stevepatt
{quote} GBP/USD H4 Observations 2 {image}

GBP/USD H4 Observations

FOMC used to drop Price into Liquidity

Price is going to need another Boost of Bullish Liquidity if it is going to Break through the Zone of Selling....
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  • #645,176
  • Edited 1:43am Dec 16, 2021 1:27am | Edited 1:43am
deteriorate pandemic elsewhere , say uk yesterday 78k new cases per day & confirmed a a new wave up , mighty wave 2 in impulse , much more to come possible then 100- 150k + shortly !market unrest a little also possible .

so bounce enough too, to 3288 to confirm for 3370, 3409 all possible ! take care
similarly waiting for global MIGHTY wave 2 UP TOO!! may Allah bless all !! all technical & much more to do fundamentally ty not happen !!

monthly bear ok , already continue still if it bounce to 3408 will not harm any for the bear next & strong!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #645,177
  • Dec 16, 2021 1:33am Dec 16, 2021 1:33am
Quoting TrickorTrade
{quote} GJ long closed at inefficiency. Did not want to hold longer. 1:2 RR {image}
Should have held this long would be up 1:5:RR. But took a calculated move to close it. Profit is profit
  • #645,178
  • Dec 16, 2021 1:36am Dec 16, 2021 1:36am
Quoting TrickorTrade
{quote} Should have held this long would be up 1:5:RR. But took a calculated move to close it. Profit is profit
Would be interesting if GU doesn't retrace to give long entry today. I will miss the long train. But can also move down. I hate all this fundamental data and all. Just an excuse to move price in a zig zag manner.
  • #645,179
  • Dec 16, 2021 1:39am Dec 16, 2021 1:39am
Quoting Mitiblotch
{quote} Would be interesting if GU doesn't retrace to give long entry today. I will miss the long train. But can also move down. I hate all this fundamental data and all. Just an excuse to move price in a zig zag manner.
Fundamentals is just an excuse to wick retail traders out grab liquidity and fill orders for big institutions.

With GU I didnt take a long because if on H4 if drew fib. Shows retracement at 78.6 which to me the trend might not be as strong to the upside.
  • #645,180
  • Dec 16, 2021 1:41am Dec 16, 2021 1:41am
Quoting TrickorTrade
{quote} My previous GA long still running has stayed in profit with no drawdown. I am holding because my conviction is strong that it will reach around 1.88 level. Also as I had closed one postion at profit even if this hits my SL I still net profit. Price now repeating same doji candles at same level finding support. {image}
GA SL hit thats what I get for holding thru FOMC haha. Anyways I did net profit here.
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