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Cable Update (GBPUSD)

  • #645,361
  • Dec 17, 2021 2:01am Dec 17, 2021 2:01am
lets see how demand area playing

"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,362
  • Dec 17, 2021 2:03am Dec 17, 2021 2:03am
Quoting BeeTogether
Cable out of steam maybe looking for liquidity area to push back up. The news yesterday was massive and should have taken the pair up much higher imho
from tommorow high , and the correction its enough sling to make more HH today , but its just opinion with trade plan , when it broken important level , this pair always left far away before grab the liquidation
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,363
  • Dec 17, 2021 2:06am Dec 17, 2021 2:06am
Quoting BeeTogether
Cable out of steam maybe looking for liquidity area to push back up. The news yesterday was massive and should have taken the pair up much higher imho
Most people interpreted the news initally as bullish for USD. I remember you saying that as well. I said its bullish for GBP solely purely based on technicals. I have stopped believing in fundamentals. Technicals already have the answers. Only thing to be aware of news can wick you out so being careful with SL.
  • #645,364
  • Dec 17, 2021 2:07am Dec 17, 2021 2:07am
Quoting Mitiblotch
Hunting for 10 pips. Short 3317. TP 3307. That was a late entry. This is called trading in the middle which is a terrible thing to do.
I make this mistake rather often I'm working on it though.
Trying my best.
  • #645,365
  • Dec 17, 2021 2:27am Dec 17, 2021 2:27am
should have gone higher yesterday. though £ now at 0.25% same as $ 0.25%
Maybe test yesterday high !.3377.7 on the Ask IMO
  • #645,366
  • Dec 17, 2021 2:43am Dec 17, 2021 2:43am
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yes yes yes
  • #645,367
  • Dec 17, 2021 2:51am Dec 17, 2021 2:51am
Quoting TrickorTrade
{quote} Most people interpreted the news initally as bullish for USD. I remember you saying that as well. I said its bullish for GBP solely purely based on technicals. I have stopped believing in fundamentals. Technicals already have the answers. Only thing to be aware of news can wick you out so being careful with SL.
I wasn’t expecting a rate hike at all. The commentary prior to the announcement was no rate rise expected so this took us all by surprise.

News like this should have seen around 100-150 pip rise as it’s major mover. In the end it was about 60 odd pips by the evening. We can look at it as it’s Christmas and there isn’t much energy in the market or that the bears are limiting the move as a big push is due. I’m inclined to go with George’s strategy that a big push down is coming as long as certain areas are not crushed
Insane in the Brain..
  • #645,368
  • Dec 17, 2021 3:08am Dec 17, 2021 3:08am
Quoting BeeTogether
{quote} I wasn’t expecting a rate hike at all. The commentary prior to the announcement was no rate rise expected so this took us all by surprise. News like this should have seen around 100-150 pip rise as it’s major mover. In the end it was about 60 odd pips by the evening. We can look at it as it’s Christmas and there isn’t much energy in the market or that the bears are limiting the move as a big push is due. I’m inclined to go with George’s strategy that a big push down is coming as long as certain areas are not crushed
True I understand your point. But i believe fundamentals are already priced in the Technicals. I was bullish purely based on technicals. Its happened time over time price always seems priced in before the fundamental announcement itself. Thats why I think rate hike or powell doveish comments are not a suprise. Its all calculated.
  • #645,369
  • Dec 17, 2021 3:10am Dec 17, 2021 3:10am
Quoting BeeTogether
{quote} I wasn’t expecting a rate hike at all. The commentary prior to the announcement was no rate rise expected so this took us all by surprise. News like this should have seen around 100-150 pip rise as it’s major mover. In the end it was about 60 odd pips by the evening. We can look at it as it’s Christmas and there isn’t much energy in the market or that the bears are limiting the move as a big push is due. I’m inclined to go with George’s strategy that a big push down is coming as long as certain areas are not crushed
marked the 1.33300 level that george mention also and wait H4 candle to close and you will know the market will going soon
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,370
  • Dec 17, 2021 3:13am Dec 17, 2021 3:13am
with no news gonna be sideways day this weekend?
  • #645,371
  • Dec 17, 2021 3:13am Dec 17, 2021 3:13am
In again at 3323 Long. See if we can hit 3370.
  • #645,372
  • Dec 17, 2021 3:19am Dec 17, 2021 3:19am
Why I am Bullish on GU
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  • #645,373
  • Dec 17, 2021 3:24am Dec 17, 2021 3:24am
There will be lots of opportunities on Friday to trade.

Took longs at asian lows and closed. Purely scalp trade.
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Intraday only.
  • #645,374
  • Dec 17, 2021 3:40am Dec 17, 2021 3:40am
This is painful
  • #645,375
  • Dec 17, 2021 3:45am Dec 17, 2021 3:45am
Quoting kris89
{quote} stacking more with caution edited , even stacking more and more
now its blueish , ill take half and let rest to run around till NYO , gotta to go , will check later

cya , its cinema time
Spiderman No way Home
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #645,376
  • Dec 17, 2021 3:55am Dec 17, 2021 3:55am
Quoting kris89
{quote} now its blueish , ill take half and let rest to run around till NYO , gotta to go , will check later cya , its cinema time Spiderman No way Home
orang mana bang?

Hari ini GU long or short
  • #645,377
  • Dec 17, 2021 4:04am Dec 17, 2021 4:04am
Quoting TrickorTrade
Why I am Bullish on GU {image} {image} {image}
As H4 candle closed lower
Wait for bullish bias.

H1 candles indicate closures below support. We might see retracement to area mentioned.

Trade with probabilities. Taking trades with highest probabilities always will have better outcomes.
Nothing nothing is ever a sure thing in the market.
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  • #645,378
  • Dec 17, 2021 4:46am Dec 17, 2021 4:46am
Gu buy limit
1.32685

tp 1.33656
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My telegram: https://t.me/avidforex
  • #645,379
  • Dec 17, 2021 4:56am Dec 17, 2021 4:56am
Stop order placed +1 Buy 13380.3 stop loss 7 Limit 14 Risk reward 2:1
  • #645,380
  • Edited 5:27am Dec 17, 2021 4:58am | Edited 5:27am
Quoting fontu
3359 broken and may be enough and so may not try 3409 test! Again broken down 3302 signal top failure this leg up, best viewed in lower tf, still if watch h4 the 3272 breaks may need as confirmation correction before any try up if possible! Take care, fontu {image} {image} {image}
After 3272 limit breaks next sr goes 3264/56and 42 if stop! Anyway bull intention will remain active before bear confirmation at 3170!!pandemic propaganda at peak! Unstoppable omicron and may reach 2 millions per day new cases and by mid January 22 may replace delta globally!!
Not understand?better not follow my analyses!doubt clearer first, risks ++
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