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Cable Update (GBPUSD)

  • #645,201
  • Dec 16, 2021 3:42am Dec 16, 2021 3:42am
Quoting Moty
Ty mister poundi All out waiting for retracement {image} {image}
there will no retrace , because the base will forming @1.3300 , will go higher and retrace to here later >.<
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,202
  • Dec 16, 2021 3:58am Dec 16, 2021 3:58am
Quoting kris89
{quote} there will no retrace , because the base will forming @1.3300 , will go higher and retrace to here later >.
<
Why would you say so?
You said price need to fill the gap, but now its not going to xD
Need to close below previous week's high to continue lower !!

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  • #645,203
  • Dec 16, 2021 4:02am Dec 16, 2021 4:02am
Quoting ruben247
Hi Traders selling now and wait till daily close under 1.3200 (level from J) SL 30p
maybe time to trend down?
  • #645,204
  • Dec 16, 2021 4:10am Dec 16, 2021 4:10am
Quoting maxi444
{quote} do you mean the decision will come at 1.33? possibly, let s see in 3 min the GU report and later more!!! I cannot see nothing now, sorry
filter out orange data ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #645,205
  • Dec 16, 2021 4:16am Dec 16, 2021 4:16am
G/M, back from hols, trading the run-in to Xmas/N.Year break. What happened to this thread,? I see there are some defections to another thread, Lol.

Meantime cable.. The previously all but certain BOE rate rise for Dec was put in doubt by omicron but now who knows now after y/day's Uk inflation day,? (probably Feb 2022?) £ has reacted accordingly and risen on back of it.

1hr is below, and then ... 4hr below that shows the current dly hi @ that prev 4hr sw hi zone = prev res = pot res.
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Trader with an Edge.
  • #645,206
  • Dec 16, 2021 4:26am Dec 16, 2021 4:26am
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Price turnback to where, he escaped from there
  • #645,207
  • Dec 16, 2021 4:36am Dec 16, 2021 4:36am
Enough for the day, super risky trading here.
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  • #645,208
  • Dec 16, 2021 4:43am Dec 16, 2021 4:43am
Quoting Jolita
{quote} You are correct! We are heading back towards 1.3280, top of 30 min BB Bought one in addition at 1.3214.{image}

Tp hit this morning 13280 / +66pips
  • #645,209
  • Dec 16, 2021 4:45am Dec 16, 2021 4:45am
Dxy to break triangle we need to cross down 96.

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  • #645,210
  • Dec 16, 2021 4:49am Dec 16, 2021 4:49am
I am still holding 5 long positions b/e 13272.6 - 2 x with tp 13330 and 3 x 13370.

Hold or close and re-enter after the news?
  • #645,211
  • Dec 16, 2021 4:50am Dec 16, 2021 4:50am
Quoting Jolita
{quote} Tp hit this morning 13280 / +66pips
Picked mine at 13295 manually!
Price action, my best indicator.
  • #645,212
  • Dec 16, 2021 4:55am Dec 16, 2021 4:55am
Quoting Jolita
I am still holding 5 long positions b/e 13272.6 - 2 x with tp 13330 and 3 x 13370. Hold or close and re-enter after the news?
Close and re-enter after the news...
Price action, my best indicator.
  • #645,213
  • Dec 16, 2021 4:57am Dec 16, 2021 4:57am
Quoting TrickorTrade
GU I see no high probability setup yet though daily gave a rejection candle. This is the long I am planning to take if the resistance breaks as mentioned. {image}

Would be nice to break 13320
  • #645,214
  • Dec 16, 2021 5:28am Dec 16, 2021 5:28am
Getting ready for buys.
  • #645,215
  • Dec 16, 2021 5:45am Dec 16, 2021 5:45am
Entered long
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yes yes yes
  • #645,216
  • Dec 16, 2021 5:49am Dec 16, 2021 5:49am
I’m in again, saw a great opportunity, requirements filled to go long.
Perfect entry should be @61.8 retracement.
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  • #645,217
  • Dec 16, 2021 5:51am Dec 16, 2021 5:51am
Long @ 1.32740
  • #645,218
  • Dec 16, 2021 5:52am Dec 16, 2021 5:52am
Quoting Jolita
Dxy to break triangle we need to cross down 96. {image}
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  • #645,219
  • Dec 16, 2021 5:55am Dec 16, 2021 5:55am
Lets see how far we can go tonight xD

Psst
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,220
  • Dec 16, 2021 6:02am Dec 16, 2021 6:02am
WTF just happened did anyone close out on that spike up?
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