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Cable Update (GBPUSD)

  • #699,921
  • Oct 24, 2022 4:05am Oct 24, 2022 4:05am
Seems we are in the range area now between 11320-11340
Insane in the Brain..
  • #699,922
  • Oct 24, 2022 4:09am Oct 24, 2022 4:09am
Quoting BeeTogether
Seems we are in the range area now between 11320-11340
The 1300 line has held strong after 2 decent attacks today. Perhaps the action needs to find some more strength if it wants to break through
I am neither brave nor stupid...I am just a part time trader
  • #699,923
  • Oct 24, 2022 4:11am Oct 24, 2022 4:11am
Quoting BeeTogether
Seems we are in the range area now between 11320-11340
yep , expected this ..also expecting till us market
Blank and Empty
  • #699,924
  • Oct 24, 2022 4:12am Oct 24, 2022 4:12am
Quoting BeeTogether
Seems we are in the range area now between 11320-11340
With 1H starting down, the smallest TFs will start to make rallies to it. So as the rallies progress upward through the TFs, 1H down swing will stall and the 15m and 30m likely appear to range.
To free Gazans of Hamas, use whatever it takes.
  • #699,925
  • Oct 24, 2022 4:13am Oct 24, 2022 4:13am
Scalping quick short on m1 tf, as it is down
other tf are up

But if 11335 goes, it could turn up
COT: The precious data ignored
  • #699,926
  • Oct 24, 2022 4:14am Oct 24, 2022 4:14am
This is why I more like to trade with my smartphone outside then be at home with my PC.. hahaha... BOOORRIIINNNNGGGG.....she's not going anyway... no up no down... well... maybe no trade for me today...
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  • #699,927
  • Oct 24, 2022 4:15am Oct 24, 2022 4:15am
Quoting Zairul
This is why I more like to trade with my smartphone outside then be at home with my PC.. hahaha... BOOORRIIINNNNGGGG.....she's not going anyway... no up no down... well... maybe no trade for me today... {image}
yea , probably , if breakout not happening during US open , might range whole day and tomorrow we may bearish
Blank and Empty
  • #699,928
  • Oct 24, 2022 4:16am Oct 24, 2022 4:16am
My GU short setup
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!! Radha Radha !!
  • #699,929
  • Oct 24, 2022 4:19am Oct 24, 2022 4:19am
imo one way ticket.. just need time to departure
  • #699,930
  • Oct 24, 2022 4:24am Oct 24, 2022 4:24am
We have 2 open gaps
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yes yes yes
  • #699,931
  • Oct 24, 2022 4:27am Oct 24, 2022 4:27am
Quoting josip
{quote} USINDEX we need to get above R to get gbp lower {image}
The USDX is running over 112.300 so that allows for more downside on GU, correct?
  • #699,932
  • Oct 24, 2022 4:34am Oct 24, 2022 4:34am
First TRy L 11309
COT: The precious data ignored
  • #699,933
  • Oct 24, 2022 4:40am Oct 24, 2022 4:40am
Short Follow Up
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  • #699,934
  • Oct 24, 2022 4:44am Oct 24, 2022 4:44am
Quoting Bella.al
{quote} Bella's Trend Cycles: Short Term “Bella's Trend Cycles” view on GBPUSD suggests that Bullish Cycle that started on 12.10.2022 with Low of 1.09223 has now turned itself into a ranging market structure with moderate bearish bias . Near term i am looking again for a temporary top to be placed by Monday or Tuesday's trading activity to take part in short side opportunity. - standing aside. {image}
Current Rate : 1.13112

I have nothing to report , as stated previously ,"Bella's Trend Cycles" Suggest current market situation is in Ranging Structure .

-Waiting Patiently.

Bella's Trend Cycles.
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Goddess of Thunder..
  • #699,935
  • Oct 24, 2022 4:50am Oct 24, 2022 4:50am
Quoting dantpm
{quote} The USDX is running over 112.300 so that allows for more downside on GU, correct?
could it be, but there is next R - 112.525
so gbp can go up again
Trendlines H1,H4, SMC
  • #699,936
  • Oct 24, 2022 4:54am Oct 24, 2022 4:54am
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  • #699,937
  • Oct 24, 2022 4:58am Oct 24, 2022 4:58am
A decent bounce from 11300 hoping to see lower but for time being the bounce up gives a chance to short
Insane in the Brain..
  • #699,938
  • Oct 24, 2022 5:09am Oct 24, 2022 5:09am
Quoting BeeTogether
A decent bounce from 11300 hoping to see lower but for time being the bounce up gives a chance to short
Short are good for scalps IMO

But daily is bullish (it turned bullish today on my chart), even for equities and bitcoin. Maybe we are in for some risk on this week who knows
So buying some excess down is the way to go, at least for me
COT: The precious data ignored
  • #699,939
  • Oct 24, 2022 5:28am Oct 24, 2022 5:28am
USD JPy shooting up EuUSD down and the GBP up … no correlation here lol
Insane in the Brain..
  • #699,940
  • Oct 24, 2022 5:38am Oct 24, 2022 5:38am
I have a little GU Sell. Sorry the chart is all scrunched up...it's the fault of Kuroda San!

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I am neither brave nor stupid...I am just a part time trader
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