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Cable Update (GBPUSD)

  • #646,081
  • Dec 27, 2021 6:23pm Dec 27, 2021 6:23pm
Quoting Jolita
{quote} Yes. Trying to avoid Jpy pairs, but like these risky moves. What is your view on Oil? I do hold my last long, how much further you would see rising too?
your long did very nicely congrates, it is very tricky now, the oct dump has almost retraced to 61 fib, 76 39ish, daily 200 20 sma did cross, considering the dump comprised of predominantly 6 daily dumps (oct / nov/ dec) note the august rally was a strong double bottom weekly, prior to that rally the high zone was 76 47, soo with it presently in the middle of expanding triangle (weekly) Im going to be looking for a short with 76 39 - 76 47 zone as my back stop
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  • #646,082
  • Dec 27, 2021 6:33pm Dec 27, 2021 6:33pm
Quoting palpite
sell - 1.3437
You better buy at that price
  • #646,083
  • Dec 27, 2021 6:59pm Dec 27, 2021 6:59pm
Quoting KiwiTrada
{quote} your long did very nicely congrates, it is very tricky now, the oct dump has almost retraced to 61 fib, 76 39ish, daily 200 20 sma did cross, considering the dump comprised of predominantly 6 daily dumps (oct / nov/ dec) note the august rally was a strong double bottom weekly, prior to that rally the high zone was 76 47, soo with it presently in the middle of expanding triangle (weekly) Im going to be looking for a short with 76 39 - 76 47 zone as my back stop
I agree, monthly triangle cross on 76.39. Weekly BB can strech above 77 if 76.39 taken out.
My initial tp was 75.90 (todays high). Reading reviews are mixed, bullish bias are back, but at same time new sellers are joining.
Thanks
  • #646,084
  • Dec 27, 2021 7:23pm Dec 27, 2021 7:23pm
Quoting 30pips
{quote} You better buy at that price
There is a reason for the sell. You will see it later xD

Check the divergent
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #646,085
  • Dec 27, 2021 7:31pm Dec 27, 2021 7:31pm
Happy holidays everyone. This is what I see today.
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  • #646,086
  • Dec 27, 2021 9:17pm Dec 27, 2021 9:17pm
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yes yes yes
  • #646,087
  • Dec 27, 2021 9:43pm Dec 27, 2021 9:43pm
interesting week , and month we can see a huge movement in the last minit
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #646,088
  • Dec 28, 2021 12:38am Dec 28, 2021 12:38am
gold getting very compressed in 4hr wedge with previous 4hr high 1814 35 and daily 1815 edit 61 in play looking for short :-)
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  • #646,089
  • Dec 28, 2021 12:47am Dec 28, 2021 12:47am
buy on every increase, hoping the price will correct again, very risky
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  • #646,090
  • Dec 28, 2021 12:48am Dec 28, 2021 12:48am
if the price breaks yesterday high, then probably price to go above 3465.

However, if the price does not break in LOndon open, then should retest 3400 for today.
Intraday only.
  • #646,091
  • Dec 28, 2021 12:58am Dec 28, 2021 12:58am
Quoting navk
if the price breaks yesterday high, then probably price to go above 3465. However, if the price does not break in LOndon open, then should retest 3400 for today.
>.< prefer second , but price seem the option one
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #646,092
  • Dec 28, 2021 1:19am Dec 28, 2021 1:19am
Quoting KiwiTrada
gold getting very compressed in 4hr wedge with previous 4hr high 1814 35 and daily 1815 edit 61 in play looking for short :-)
sold 1851 69 17pip sl probably last for 2021 roll on 2022
If you are new to Forex? Say Goodbye to your account!!
  • #646,093
  • Edited 1:45am Dec 28, 2021 1:23am | Edited 1:45am
top ranging intact , likely reached yearly low , so may try for 1.3630/3570 to make a doji , anyway price still may to up for 3461 or to next target 3512. though expecting a correction but unable to do !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #646,094
  • Dec 28, 2021 1:33am Dec 28, 2021 1:33am
Quoting fontu
top ranging intact , yearly likely reached yearly klow , so may try for 1.3630 to make a doji , anyway pice still may to up for 3461 or to next target 3512. though expecting a correction but unable to do !!
its very ranging market , but price keep above it , so we could have break impact to next target or else price tired and impulse down hard for corretion for next stab above
who knows , anything is good as its yearly close market

as my opinion , price keep making higher low on above , a high chance price could be retrace again before next impulse
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #646,095
  • Dec 28, 2021 1:37am Dec 28, 2021 1:37am
Quoting BigNumbers
ENTERED LONG CONTRACT ON BTCUSD.... Forex Trading is not a fashion parade, If you're not ready to read and get glue to the chart then it is not meant for you! Timing is important in Trading.... {image}

stopped out....
My telegram: https://t.me/avidforex
  • #646,096
  • Dec 28, 2021 1:39am Dec 28, 2021 1:39am
Quoting KiwiTrada
{quote} sold 1851 69 17pip sl probably last for 2021 roll on 2022
4hr and daily gold charts
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  • #646,097
  • Dec 28, 2021 2:03am Dec 28, 2021 2:03am
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  • #646,098
  • Dec 28, 2021 2:18am Dec 28, 2021 2:18am
Quoting kris89
{quote} its very ranging market , but price keep above it , so we could have break impact to next target or else price tired and impulse down hard for corretion for next stab above who knows , anything is good as its yearly close market as my opinion , price keep making higher low on above , a high chance price could be retrace again before next impulse
little up or little down at this year end have the same effect next , better go up before full fledged down yearly apparently , 2022.lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #646,099
  • Dec 28, 2021 2:20am Dec 28, 2021 2:20am
Quoting fontu
{quote} little up or little down at this year end have the same effect next , better go up before full fledged down yearly apparently , 2022.lets see
even so , up and down if can take the chance , its a good pips range also

as far today range its not even 20 pip yet , so ill awaiting the breach 1.34400 or 1.34300 for the move that market choose
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #646,100
  • Dec 28, 2021 2:35am Dec 28, 2021 2:35am
Quoting navk
if the price breaks yesterday high, then probably price to go above 3465. However, if the price does not break in LOndon open, then should retest 3400 for today.
lets hope so
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