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Cable Update (GBPUSD)

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  • Post #645,881
  • Quote
  • Dec 23, 2021 7:00am Dec 23, 2021 7:00am
  •  Efelexy
  • | Joined Aug 2019 | Status: Member | 125 Posts
GU flying to 1.3475 resistance. Don't short yet.
It is all about the foreign exchange market.
 
 
  • Post #645,882
  • Quote
  • Dec 23, 2021 7:05am Dec 23, 2021 7:05am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
its possible it can go back to 1.35 as well or get slapped all the way down to 1.33. price is already looking too much. almost 100 pips up from the lows of the day. but i have seen 200-250 pip moves in a day in December. I think it was 2013. so it is nothing compared to that. short at your own risk. just like the way you are surprised today on the upside. you will be surprised in next 8 days on the downside
 
1
  • Post #645,883
  • Quote
  • Dec 23, 2021 7:06am Dec 23, 2021 7:06am
  •  Headland
  • Joined Apr 2020 | Status: trading | 3,502 Posts
... 76.4% 3513-3161 and 61.8% 3607-3161 @ current dly hi. Above those 38.2% 3912-3161 @ 3449.
Intraday (mainly) swing scalper via Supp/Res & Pa etc.
 
 
  • Post #645,884
  • Quote
  • Dec 23, 2021 7:07am Dec 23, 2021 7:07am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
there is still one unusual move abt this rally. euro has not followed the gbp. so either euro is rite or gbp is rite
 
1
  • Post #645,885
  • Quote
  • Dec 23, 2021 7:08am Dec 23, 2021 7:08am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,309 Posts | Invisible
Quoting RCtrader
Disliked
{quote} God bless you if it goes south.
Ignored
Intra day only.
 
 
  • Post #645,886
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  • Dec 23, 2021 7:08am Dec 23, 2021 7:08am
  •  Jolita
  • Joined Jan 2012 | Status: Online | 1,995 Posts
Aftermath -
Brake out and retest. So clear now.
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Top left
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Staying positive
 
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  • Post #645,887
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  • Dec 23, 2021 7:08am Dec 23, 2021 7:08am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,717 Posts
Scalp 1.34350 sell
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
1
  • Post #645,888
  • Quote
  • Dec 23, 2021 7:09am Dec 23, 2021 7:09am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,326 Posts
Quoting giveachance
Disliked
there is still one unusual move abt this rally. euro has not followed the gbp. so either euro is rite or gbp is rite
Ignored
yoyo ... eu will up follow gu. gu correction / flat

watch E/G
not euphoria follower
 
 
  • Post #645,889
  • Quote
  • Dec 23, 2021 7:10am Dec 23, 2021 7:10am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
where is everyone's favorite.. Moty?? how many accounts did he blew this year because of his gambling trades
 
1
  • Post #645,890
  • Quote
  • Dec 23, 2021 7:11am Dec 23, 2021 7:11am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
Quoting iqyu5an
Disliked
{quote} yoyo ... eu will up follow gu. gu correction / flat watch E/G
Ignored
or vice versa.. look at the crosses in eu. they are severely getting butchered
 
 
  • Post #645,891
  • Quote
  • Dec 23, 2021 7:15am Dec 23, 2021 7:15am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,717 Posts
How about today candle close will guide us correction or more powerfull up. We reach adr high. We should see some correction or else price dont wanna do thqt xD
I expect to see wicked daily today. Because tommorow is friday. Its good to pawn buyer a while in buy higher to near area retest and back up
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
1
  • Post #645,892
  • Quote
  • Dec 23, 2021 7:15am Dec 23, 2021 7:15am
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 8,480 Posts
Comparing EU and GU today...London session makes no sense to me...lets see if NY can bring some common sense to it.
Everyone can see the chart, but only a few can actually read it.
 
1
  • Post #645,893
  • Quote
  • Dec 23, 2021 7:16am Dec 23, 2021 7:16am
  •  Headland
  • Joined Apr 2020 | Status: trading | 3,502 Posts
... nothing on dly other than fibs until that prev sw hi to 3513.

dly below.
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Intraday (mainly) swing scalper via Supp/Res & Pa etc.
 
1
  • Post #645,894
  • Quote
  • Dec 23, 2021 7:19am Dec 23, 2021 7:19am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
Quoting kris89
Disliked
How about today candle close will guide us correction or more powerfull up. We reach adr high. We should see some correction or else price dont wanna do thqt xD I expect to see wicked daily today. Because tommorow is friday. Its good to pawn buyer a while in buy higher to near area retest and back up
Ignored
no whatever u get in december does not matter. bank traders do not get bonus paid for their december trading.
 
 
  • Post #645,895
  • Quote
  • Dec 23, 2021 7:21am Dec 23, 2021 7:21am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 4,823 Posts
might be crazy but in a sell scalp

locking in with stop at BE
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  • Post #645,896
  • Quote
  • Dec 23, 2021 7:28am Dec 23, 2021 7:28am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,326 Posts
Quoting giveachance
Disliked
{quote} or vice versa.. look at the crosses in eu. they are severely getting butchered
Ignored
eu bottoming
not euphoria follower
 
 
  • Post #645,897
  • Quote
  • Dec 23, 2021 7:36am Dec 23, 2021 7:36am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,326 Posts
New data on the severity of the Omicron variant is set to be published today - after two studies showed that it appears to be milder than Delta. In a move likely to inform Boris Johnson's decision over any further restrictions after Christmas.
#UK #GBP #Omicron
( source : twitter )
not euphoria follower
 
 
  • Post #645,898
  • Quote
  • Dec 23, 2021 7:40am Dec 23, 2021 7:40am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 3,456 Posts
13370 looks tempting for a long
 
2
  • Post #645,899
  • Quote
  • Dec 23, 2021 7:43am Dec 23, 2021 7:43am
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 8,480 Posts
Quoting BeeTogether
Disliked
13370 looks tempting for a long
Ignored
3350 even better.
Everyone can see the chart, but only a few can actually read it.
 
2
  • Post #645,900
  • Quote
  • Dec 23, 2021 8:01am Dec 23, 2021 8:01am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 3,456 Posts
Quoting OnlineAddict
Disliked
{quote} 3350 even better.
Ignored
The way the bulls are going I can’t even see 1340 at the moment lol. But I agree 13350 would be great
 
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