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Cable Update (GBPUSD)

  • #697,401
  • Oct 17, 2022 10:19pm Oct 17, 2022 10:19pm
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 17, 2022 10:25pm Oct 17, 2022 10:25pm
lets SELL GU for a minor correction
Attached Image (click to enlarge)
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Toohok your indicators, useless!
  • #697,403
  • Oct 17, 2022 10:30pm Oct 17, 2022 10:30pm
1H chart
Short below 1.13406
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!! Radha Radha !!
  • #697,404
  • Oct 17, 2022 10:33pm Oct 17, 2022 10:33pm
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 17, 2022 10:34pm Oct 17, 2022 10:34pm
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 17, 2022 10:37pm Oct 17, 2022 10:37pm
The price likely to go below 1300 first.

Again shorting on dollar cost averaging method.
Intraday only.
  • #697,407
  • Oct 17, 2022 10:37pm Oct 17, 2022 10:37pm
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 17, 2022 10:41pm Oct 17, 2022 10:41pm
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 17, 2022 10:49pm Oct 17, 2022 10:49pm
I see 1.1386 R
Trendlines H1,H4, SMC
  • #697,410
  • Oct 17, 2022 10:51pm Oct 17, 2022 10:51pm
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 17, 2022 10:59pm Oct 17, 2022 10:59pm
Quoting Robinhood1
{quote} Maybe from now. Audjpy is at 94.05. I expect around 300 pips
BoR
POSTMASTER
  • #697,412
  • Edited 11:11pm Oct 17, 2022 11:00pm | Edited 11:11pm
Scored more, just closed next set shorts.

Frankfurt yet to open.
Attached Image (click to enlarge)
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Intraday only.
  • #697,413
  • Oct 17, 2022 11:02pm Oct 17, 2022 11:02pm
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 17, 2022 11:04pm Oct 17, 2022 11:04pm
below 1400, short only.

Will again short.
Intraday only.
  • #697,415
  • Oct 17, 2022 11:05pm Oct 17, 2022 11:05pm
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Inserted Video
POSTMASTER
  • #697,416
  • Oct 17, 2022 11:11pm Oct 17, 2022 11:11pm
~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 17, 2022 11:12pm Oct 17, 2022 11:12pm
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 17, 2022 11:13pm Oct 17, 2022 11:13pm
Attached Image (click to enlarge)
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yes yes yes
  • #697,419
  • Oct 17, 2022 11:14pm Oct 17, 2022 11:14pm
Quoting Georginson
Sold 1.1400 target 1.1308...
Manually exited at 1.1350... +50 pips
Data + Stat + Risk/Emotions Management
  • #697,420
  • Oct 17, 2022 11:20pm Oct 17, 2022 11:20pm
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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