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Cable Update (GBPUSD)

  • #697,821
  • Oct 18, 2022 1:30pm Oct 18, 2022 1:30pm
Quoting Robinhood1
{quote} easy
Robinhood1, bulls try to achieve this for the last 4 hours. ...anything possible.
Always trade your own plan...I don't provide trading signals.
  • #697,822
  • Oct 18, 2022 1:31pm Oct 18, 2022 1:31pm
Quoting Coreg2004
{quote} Robinhood1, bulls try to achieve this for the last 4 hours. ...anything possible.
Coreg2004, i see it achievable
POSTMASTER
  • #697,823
  • Oct 18, 2022 1:34pm Oct 18, 2022 1:34pm
Seller need to be careful. Look likes market is taking out fake demand, hit OB and fly.

If both Inducement and OB are valid, Then tomorrow is green day. (I might be wrong)
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With courage, patience, and discipline, success is a matter of time.
  • #697,824
  • Oct 18, 2022 1:38pm Oct 18, 2022 1:38pm
Quoting dantpm
{quote} So you believe it will move higher for the close? That has been @bilal's position all day long.
dantpm, after AB=CD GU should fly to the upside (at least AB=CD @ 1.13715) and this is not happening so far. Something is cooking behind the scene.
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Always trade your own plan...I don't provide trading signals.
  • #697,825
  • Oct 18, 2022 1:42pm Oct 18, 2022 1:42pm
Quoting Coreg2004
{quote} dantpm, after AB=CD GU should fly to the upside (at least AB=CD @ 1.13715) and this is not happening so far. Something is cooking behind the scene. {image}
Given the very tight ranges, I figured that something was up just no clue as to what or why. Sitting on the sidelines, hoping that there might be something worthwhile develop.

ADX has me a little spooked right now, very low.
  • #697,826
  • Oct 18, 2022 1:45pm Oct 18, 2022 1:45pm
Quoting dantpm
{quote} Given the very tight ranges, I figured that something was up just no clue as to what or why. Sitting on the sidelines, hoping that there might be something worthwhile develop. ADX has me a little spooked right now, very low.
same here...sitting on a small short b/c zone was tested 3 times.
Always trade your own plan...I don't provide trading signals.
  • #697,827
  • Oct 18, 2022 1:45pm Oct 18, 2022 1:45pm
Right now I can see both buyer and seller have their own logic.

Buyer buys to grab the liquidity at 1.1500
Seller sells to fill the gap at 1.1180

Tomorrow CPI can decide who will win this battle.
With courage, patience, and discipline, success is a matter of time.
  • #697,828
  • Oct 18, 2022 1:46pm Oct 18, 2022 1:46pm
I am pushing from below, George cannot be pushing from above, he just quit. Who the hell is it
POSTMASTER
  • #697,829
  • Oct 18, 2022 1:49pm Oct 18, 2022 1:49pm
Quoting Robinhood1
I am pushing from below, George cannot be pushing from above, he just quit. Who the hell is it
Maybe wolf, wolf mate, give us way
POSTMASTER
  • #697,830
  • Oct 18, 2022 1:52pm Oct 18, 2022 1:52pm
Quoting Robinhood1
I am pushing from below, George cannot be pushing from above, he just quit. Who the hell is it
Moty has been using his hammer to push down on this for quite a while.
  • #697,831
  • Oct 18, 2022 1:53pm Oct 18, 2022 1:53pm
Quoting dantpm
{quote} Moty has been using his hammer to push down on this for quite a while.
Ok, so now we know
POSTMASTER
  • #697,832
  • Oct 18, 2022 1:54pm Oct 18, 2022 1:54pm
I am buy lows with target of 1.2 region

the cpi should bring it down
MY OPINION NOT FINANCIAL ADVISE
  • #697,833
  • Oct 18, 2022 1:57pm Oct 18, 2022 1:57pm
One of my set-ups is frustratingly close to giving a second buy signal. It doesn't give signals very often. A strong move above 1.15 should do it and will change my bias from bearish to bullish, at least for now - we all know that anything can happen at anytime. CPI tomorrow should answer this question.
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  • #697,834
  • Oct 18, 2022 2:02pm Oct 18, 2022 2:02pm
Quoting dantpm
{quote} Right now it appears that the USDX is nailed in a 20 pt range!
Yes quite correct Dantpm. Same goes for EurUsd 50 pip range. Gu also within a range today 150 pips. It makes it difficult to read price. The scale needs to tilt for that to happen and so far I have Gu and Eu up and Usdx down. The scale is even weighted at the moment. We shall see
Trade to trade another day
  • #697,835
  • Oct 18, 2022 2:04pm Oct 18, 2022 2:04pm
Quoting donfriday
I am buy lows with target of 1.2 region the cpi should bring it down
I’m feeling you.
but I’m longing still.
will think about the situation tomorrow morning.. I may be out till 1-2 hours after LO.
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  • #697,836
  • Oct 18, 2022 2:05pm Oct 18, 2022 2:05pm
Quoting Robinhood1
I am pushing from below, George cannot be pushing from above, he just quit. Who the hell is it
I collected the hammer from Moty actually... Thor hammer for that matter...

Quoting donfriday
I am buy lows with target of 1.2 region the cpi should bring it down
CPI will be used as an excuse to fill the gap at 1.1177... I just want to sell higher... That's my plan.

Imagine us thread users calling 155 pips Daly range small, few weeks back we could have seen it as maximum daily Range, Liz Truss and Russia has happened to us all...
Data + Stat + Risk/Emotions Management
  • #697,837
  • Oct 18, 2022 2:09pm Oct 18, 2022 2:09pm
Right now it is about volume. On the 1 min candle, the volume is strong enough at the beginning of the run to move up but then drops by half and the move fades.
  • #697,838
  • Oct 18, 2022 2:23pm Oct 18, 2022 2:23pm
Quoting Moty
hold it !!!!!!!!!!!!! {image}
You shell not pass mf
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yes yes yes
  • #697,839
  • Oct 18, 2022 2:24pm Oct 18, 2022 2:24pm
Quoting navk
I bought at the lows. I just closed all. Very very good Asia for me. 35 pips, 8 lots, Risk management, 13 pips stoloss, 35 pips profit {image}
If you have a moment and can share your strategies for trading the markets (Asia, Frankfurt/London and NY <when you do it>) , I and others would appreciate it.
  • #697,840
  • Oct 18, 2022 2:41pm Oct 18, 2022 2:41pm
Quoting Whale
{quote} I’m feeling you. but I’m longing still. will think about the situation tomorrow morning.. I may be out till 1-2 hours after LO. {image}

No trade yet but when I do I am targeting 1.20
MY OPINION NOT FINANCIAL ADVISE
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