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Cable Update (GBPUSD)

  • #696,561
  • Oct 14, 2022 9:19am Oct 14, 2022 9:19am
Quoting Mitiblotch
{quote} Hahaha... I wish you pips mate. I think thendirection has been set for the day. All this bounces don't mean a thing. The bottom won't come from a sharp bounce. Watch how Fridays work. It will go down and stay down and close down and won't bounce. Then the bottom for the day would be in. I don't fight Fridays. I love them. Find the direction and stick to it. Yes, some time,ws it may fail but rarely.
Look for the weekly high and low, which I believe have a high probability of being on Tuesdays and Thursdays. However given the swings in recent weeks, it's very much up in the air right now.
  • #696,562
  • Oct 14, 2022 9:20am Oct 14, 2022 9:20am
This thing needs to break below 11180
Insane in the Brain..
  • #696,563
  • Oct 14, 2022 9:20am Oct 14, 2022 9:20am
Quoting Whale
{quote} You left me no choice
Actually, GU offers in both directions.

Some days sellers get more. ( In those days buyers get less )

Like yesterday, buyers get more. ( Sellers also got their part. I made my money yesterday in asia with sell trades. )
Intraday only.
  • #696,564
  • Oct 14, 2022 9:21am Oct 14, 2022 9:21am
Too weird to still to go short, EUR/JPY and GBP/JPY also going strong as USD which is now at 148.30..
Maybe London close..
  • #696,565
  • Oct 14, 2022 9:23am Oct 14, 2022 9:23am
Short GU at 1.11760 - 8 pip SL - looks risky

Update: SL HIT
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"Exchange of hands"
  • #696,566
  • Oct 14, 2022 9:24am Oct 14, 2022 9:24am
Quoting navk
{quote} Actually, GU offers in both directions. Some days sellers get more. ( In those days buyers get less ) Like yesterday, buyers get more. ( Sellers also got their part. I made my money yesterday in asia with sell trades. )
my all time favorite stock to rake in truck loads of cash daily
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  • #696,567
  • Oct 14, 2022 9:25am Oct 14, 2022 9:25am
1.1130 is likely
Room for adding more longs
  • #696,568
  • Oct 14, 2022 9:27am Oct 14, 2022 9:27am
Fed’s Daly: 4.5%-5% Is Most Likely Top Fed Funds Rate

5% is just another 50bps.. USD/JPY.. people we need to catch this downfall when it happens!
  • #696,569
  • Oct 14, 2022 9:27am Oct 14, 2022 9:27am
Quoting BigNumbers
I bought GBPAUD at the lowest discount rate, I could not wait for the breakout but please wait for the dynamic resistance to break. Set tp at daily open 1.179723 about 107 pips {image}
Go long on this pair now this pair will do 200 pips now but take 107 pips first.
It is going to be buying for the rest of the month may net 1700 pips in longs before the month ends.
My telegram: https://t.me/avidforex
  • #696,570
  • Oct 14, 2022 9:28am Oct 14, 2022 9:28am
Quoting bilal1947
Short GU at 1.11760 - 8 pip SL - looks risky Update: SL HIT {image}
1118x area is a tough one to crack it seems. Been bouncing off there for a while a push below 11160 is required
Insane in the Brain..
  • #696,571
  • Oct 14, 2022 9:29am Oct 14, 2022 9:29am
Gbpjpy short at 166.130
  • #696,572
  • Oct 14, 2022 9:33am Oct 14, 2022 9:33am
Quoting Houtbay
Gbpjpy short at 166.130
What I think is going right now and is the only explanation is that next week intervention is coming on Yen pairs. Now, they hunt for every SL there is..
Next week, Pound is gone and so is Euro..

GBP/JPY 166.20 is crucial if Hourly closes above or below I think, below you should be safe. 167 being another resistance, but..

I'm done trading. All positions closed. I will reload USD/JPY as soon as the market opens on Monday with short orders.
  • #696,573
  • Oct 14, 2022 9:37am Oct 14, 2022 9:37am
Quoting Robinhood1
GJ long CJ short
GJ to make new high soon
BoR
POSTMASTER
  • #696,574
  • Oct 14, 2022 9:39am Oct 14, 2022 9:39am
Quoting BigNumbers
I'm also watching GBPAUD closely... It seems like GBP is going to be strong soon, if price break the dynamic resistance to the upside.. but we have to wait for the Algorithm There is untapped Monthly liquidity at the upside.. and likewise all GBP base pairs... {image}
Be cautious if you’re trading against GBP. I said it 2hr 30 mins ago. “This pair is going to be very strong soon”
If your trading against it set your stop very tight.

Good luck
My telegram: https://t.me/avidforex
  • #696,575
  • Oct 14, 2022 9:42am Oct 14, 2022 9:42am
Quoting BigNumbers
{quote} Be cautious if you’re trading against GBP. I said it 2hr 30 mins ago. “This pair is going to be very strong soon” king charles uses the blue pill If your trading against it set your stop very tight. Good luck
what is your source
  • #696,576
  • Oct 14, 2022 9:44am Oct 14, 2022 9:44am
Quoting thevisitor
1.1130 is likely Room for adding more longs
But why? Surely price action does not look bullish today, however you look at it?
  • #696,577
  • Oct 14, 2022 9:45am Oct 14, 2022 9:45am
Shorted GU at 1.12004

1Min.
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15M - will it going to do the daily ADR?
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"Exchange of hands"
  • #696,578
  • Oct 14, 2022 9:47am Oct 14, 2022 9:47am
GU 1.115 will be battle zone if it gets there.
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  • #696,579
  • Oct 14, 2022 9:48am Oct 14, 2022 9:48am
USD/JPY Short Order At 148.
SL 148.40
TP Open
I'll Actually Leave It Be Over The Weekend Also.
  • #696,580
  • Oct 14, 2022 9:52am Oct 14, 2022 9:52am
Quoting BeeTogether
{quote} 1118x area is a tough one to crack it seems. Been bouncing off there for a while a push below 11160 is required
1.1156 is the Monthly Open so the hesitation, still a daily gap hoping to be filled, while doing the daily ADR.

lol lowest entry has BE hit
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"Exchange of hands"
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