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Cable Update (GBPUSD)

  • #697,401
  • Oct 18, 2022 12:19am Oct 18, 2022 12:19am
The talk about gap gradually fades off. Maybe bears got trapped thinking the gap could be filled yesterday another assumption without chart analysis
Keep the Lights on then you can catch the rise from the dark.
  • #697,402
  • Oct 18, 2022 12:25am Oct 18, 2022 12:25am
lets SELL GU for a minor correction
Attached Image (click to enlarge)
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Toohok your indicators, useless!
  • #697,403
  • Oct 18, 2022 12:30am Oct 18, 2022 12:30am
1H chart
Short below 1.13406
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!! Radha Radha !!
  • #697,404
  • Oct 18, 2022 12:33am Oct 18, 2022 12:33am
Quoting navk
I started shorting by averaging method. From round number.
Closed all short trades.

Fantastic Asia
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Intraday only.
  • #697,405
  • Oct 18, 2022 12:34am Oct 18, 2022 12:34am
Quoting Robinhood1
In my opinion, cable´s support lies around 1.1270
Another buy signal for GU but we need a support which should be filling the gap. My opinion.
POSTMASTER
  • #697,406
  • Oct 18, 2022 12:37am Oct 18, 2022 12:37am
The price likely to go below 1300 first.

Again shorting on dollar cost averaging method.
Intraday only.
  • #697,407
  • Oct 18, 2022 12:37am Oct 18, 2022 12:37am
Quoting PatienceFx
{quote} why does everyone find the reproductive organs of plants as beautiful ?? and to think of putting their nose in it for smell
Because everyone praises beauty & looks at beauty with their own inner soul, not with biology titles
Humans are looking for beauty & everything in the world is beautiful. Of course, if you decide to look at them differently and with other titles, you will miss the point
Look at beauty for beauty's sake. Sometimes it is not bad to put aside the glasses of science & biology
There is nothing wrong with being kind & loving to each other
  • #697,408
  • Oct 18, 2022 12:41am Oct 18, 2022 12:41am
With 1.1331 tested we should be seeing price going up now to test 1.15 before deciding further where to take the price. Obviously, some confidence has been returned in Pound.

After 1.15 we shall see..

I think 1.1410 will act as a Support today.
  • #697,409
  • Oct 18, 2022 12:49am Oct 18, 2022 12:49am
I see 1.1386 R
Trendlines H1,H4, SMC
  • #697,410
  • Oct 18, 2022 12:51am Oct 18, 2022 12:51am
Quoting navk
The price likely to go below 1300 first. Again shorting on dollar cost averaging method.
Where is there a good resource to learn about your dollar cost averaging method?
  • #697,411
  • Oct 18, 2022 12:59am Oct 18, 2022 12:59am
Quoting Robinhood1
{quote} Maybe from now. Audjpy is at 94.05. I expect around 300 pips
BoR
POSTMASTER
  • #697,412
  • Edited 1:11am Oct 18, 2022 1:00am | Edited 1:11am
Scored more, just closed next set shorts.

Frankfurt yet to open.
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Intraday only.
  • #697,413
  • Oct 18, 2022 1:02am Oct 18, 2022 1:02am
Quoting dantpm
{quote} Where is there a good resource to learn about your dollar cost averaging method?
Read this, it may help you.

https://www.investopedia.com/article...-averaging.asp
Intraday only.
  • #697,414
  • Oct 18, 2022 1:04am Oct 18, 2022 1:04am
below 1400, short only.

Will again short.
Intraday only.
  • #697,415
  • Oct 18, 2022 1:05am Oct 18, 2022 1:05am
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Inserted Video
POSTMASTER
  • #697,416
  • Oct 18, 2022 1:11am Oct 18, 2022 1:11am
~1.1320 Support on H4 (gray line)
~1.1268 another Support (yellow line)

Below that... no buy today I guess.

Delaying QT might have turned the situation around..
  • #697,417
  • Oct 18, 2022 1:12am Oct 18, 2022 1:12am
Hi all.
Same as usual.
I am waiting to trade Cable off the 07-45 to 08-00 candle. 15 minute candle. quick scalp.
Then hopefully trade off the 08-00 to 08-15 candle..
At this moment in time my bias is long , if price drops drops below 11331 my bias will then be short.
Whatever the bias, i always prefer to short cable. Lets see.
Trade well all. coffee time.
t 07-11.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #697,418
  • Oct 18, 2022 1:13am Oct 18, 2022 1:13am
Attached Image (click to enlarge)
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yes yes yes
  • #697,419
  • Oct 18, 2022 1:14am Oct 18, 2022 1:14am
Quoting Georginson
Sold 1.1400 target 1.1308...
Manually exited at 1.1350... +50 pips
Data + Stat + Risk/Emotions Management
  • #697,420
  • Oct 18, 2022 1:20am Oct 18, 2022 1:20am
Ahh...it seems we misjudged the price..well some of us.
These news about delaying QT just might have started big short in my opinion.
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