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Cable Update (GBPUSD)

  • #700,201
  • Oct 24, 2022 9:35pm Oct 24, 2022 9:35pm
Quoting DubaiFX
{quote} Great wish you lu k my dear, I have a question if you could answer me please I see both ways buy Nd sell GU how you make your Fundamental analysis?? Because for me it's selling day or week sometimes but never buy and sell both at same time. Thank you.
Thank you for the wish. This is scalping in 5 and 15 min chart and my buy and sell trades are on rejection candles in both ways buy and sell. I have 30 to 50 pips on my mind when i trade and yeah also Sl is there too with very tight pips. After a long period by member of this thread i am able to read chart by the help of all the senior here.
  • #700,202
  • Edited 9:52pm Oct 24, 2022 9:42pm | Edited 9:52pm
Quoting KareemAliFx
Eurusd bulls make me very happy
"And I saw the price headeth to stop loss,
and the stop loss was moved,
and so, the price not followed the stop loss anymore" Wolf 4:11

I agree, keep buying Euro is great until it's time to raise rates..!

Whenever there is rate hike happening that week, buying that currency is most often a good idea until of course that day in the week.

Also, why look at EUR/USD? Euro appreciated a LOT more over other currencies and nothing against USD.. EUR/USD and GBP/USD are harder pairs to trade and less forgiving (any pair with USD).
  • #700,203
  • Oct 24, 2022 9:58pm Oct 24, 2022 9:58pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 14 KB
  • #700,204
  • Oct 24, 2022 10:03pm Oct 24, 2022 10:03pm
Quoting Bella.al
{quote} Current Rate : 1.12949 Nothing much changed at my end from my last post , waiting patiently Bella's Trend Cycles {image}
Current Rate : 1.13030

Elliot wave Chart 4 Hours :

By Looking at 4Hrs Elliot wave chart , it is now conforming with some degree of confidence that Wave B is now a complex correction

( with the help of Bella's Trend Cycles ).

Elliot wave Chart

Attached Image (click to enlarge)
Click to Enlarge Name: Elliotwaves-25.10.2022.png Size: 12 KB

Bella's Trend Cycles
At this point , there is a degree of confidence that Bullish wave that started on 12.10.2022 low is now a complex correction of previous impulse move from 5.10.2022 - 12.10.2022 ( see Elliot-Wave chart above ) , Whilst below 1.14391 Resistance Wave B is about to end it's progress soon waiting patiently.

Attached Image (click to enlarge)
Click to Enlarge Name: Bella'sTrendCycle_Analysis_03.png Size: 17 KB
Goddess of Thunder..
  • #700,205
  • Oct 24, 2022 10:13pm Oct 24, 2022 10:13pm
GBP/USD H1
Went Long..

With a thought that today, price could also be ranging.. not relying on GBP/USD today..

It may bounce from this point..
Wow.. well change!

Went Short now.. GBP/USD 15M Short signal..
If I lose I'm not trading USD pairs until GDP.. won't waste my time on range..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD H1.png Size: 23 KB
Click to Enlarge Name: GBPUSD 15M.png Size: 19 KB
  • #700,206
  • Oct 24, 2022 10:27pm Oct 24, 2022 10:27pm
Quoting TheWolf
GBP/USD H1 Went Long.. With a thought that today, price could also be ranging.. not relying on GBP/USD today.. It may bounce from this point.. Wow.. well change! Went Short now.. GBP/USD 15M Short signal.. If I lose I'm not trading USD pairs until GDP.. won't waste my time on range.. {image} {image}
should going south ,no doubt in it , atleast for me ...i think its kind of making SHS pattern(goes down to make another shoulder)..i might be wrong ..but lets see ..
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  • #700,207
  • Oct 24, 2022 10:29pm Oct 24, 2022 10:29pm
Quoting TheWolf
GBP/USD H1 Went Long.. With a thought that today, price could also be ranging.. not relying on GBP/USD today.. It may bounce from this point.. Wow.. well change! Went Short now.. GBP/USD 15M Short signal.. If I lose I'm not trading USD pairs until GDP.. won't waste my time on range.. {image} {image}
Alright, not playing USD pairs anymore until GDP! Done..

Meanwhile on non-USD pairs..
As I said when price is ranging I'll get destroyed. Trick here is to recognize Range ASAP and get away from it..
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.png Size: 24 KB
  • #700,208
  • Oct 24, 2022 10:31pm Oct 24, 2022 10:31pm
Quoting TheWolf
{quote} Alright, not playing USD pairs anymore until GDP! Done.. Meanwhile on non-USD pairs.. {image}
they are buying usd for now , may be something big coming ?
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  • #700,209
  • Oct 24, 2022 10:33pm Oct 24, 2022 10:33pm
Quoting buffedmage
{quote} they are buying usd for now , may be something big coming ?
There's that GDP and Fed next week.. after that Elections.
Based on my system stay away from Cable..it's in range.
  • #700,210
  • Oct 24, 2022 10:34pm Oct 24, 2022 10:34pm
long !!!
tp1 1.14000
tp2 1.15000
i took long aussie , gu is crooky
Attached Image(s) (click to enlarge)
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yes yes yes
  • #700,211
  • Oct 24, 2022 10:36pm Oct 24, 2022 10:36pm
Quoting Moty
long !!! tp1 1.14000 tp2 1.15000 i took long aussie , gu is crooky {image} {image}
i think not just gu , uj too ..still market seems to be confused..like wolf said, may be preparing for FED
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  • #700,212
  • Oct 24, 2022 10:39pm Oct 24, 2022 10:39pm
Quoting TheWolf
{quote} There's that GDP and Fed next week.. after that Elections. Based on my system stay away from Cable..it's in range.
thanks
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  • #700,213
  • Oct 24, 2022 10:55pm Oct 24, 2022 10:55pm
Quoting Jolita
{quote} Sorry PAT, this was bad trade, should have kept aiming gap to close, which I thought it would do. Looks like we didn't have any up move at all, not good. Please avoid copying my trades, I feel guilty now.
Hi Jolita.

Among friend and adult we are one big family.
I always enjoy trading and interacting with another members in this thread.

Going forward, please do share your trades, with it there is a wisdom of accelerated learning.
When you share a trade, it turns sours, it will give us very high degree of learning curve.

If, it is just ordinary trades, smooth sailing, we start to bring our guards down and be making much more mistakes.
And don't worry abut my trades, as scalpers, I'm always on quick sides taking trades.

Take care my dear...... This is our pics, something to light you up for today trades.

Love you Jolita and Best Wishes
Pat
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,214
  • Oct 24, 2022 10:56pm Oct 24, 2022 10:56pm
Quoting buffedmage
{quote} i think not just gu , uj too ..still market seems to be confused..like wolf said, may be preparing for FED
it looks very clear to me
yesterday was " shake the buyers " day
with 3 intraday " no reason" gaps
Attached Image(s) (click to enlarge)
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yes yes yes
  • #700,215
  • Oct 24, 2022 11:05pm Oct 24, 2022 11:05pm
Another Euro trade, EUR/CHF Long. That's it for today..
EUR/AUD TP-ed and I'll let this one ride, if it can!
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.png Size: 20 KB
  • #700,216
  • Oct 24, 2022 11:11pm Oct 24, 2022 11:11pm
Quoting buffedmage
{quote} Relax, he is not copying your trades just making fun around here to teach people they are wrong by making others to feel guilty.. He got his own strategy of making money. Just don't mind him... You did nothing wrong, to apologize.. Everyone make mistakes, we gotta have respect for fellow traders, as only we understand how hard the trading would be.. We here just to share our opinion not signals ..and not here to prove about anything to anyone
You don't know me to judge me. Dont be so quick to judge people if you dont know what the truth.
And don't be a fire stone to pour fuel and spark hate among members here.
You judge me & make assumptions about what you see online, please understand that we share just a tiny portion of our lives here.

DON'T, just DON'T. !

Respectfully for Jolita , I feel that it's okay for her to share the set up and effort that bring benefit to other members. Regardless, which way the trades goes.
The spirit of sharing is important here on Post sight, not "Hind Sight"

So strange, you judge me a saint and you dont know the level of evil I have in me.
I have an immense good but don't mess with me, they see me like a victim and I know I am not.
Of course I cant keep paying my sins forever.
But I have conscience OF WHAT I DID WRONG AND OF WHAT

You don't have the authority to police and to judge me!
I only judge on how people trades, on their posting.... but I keep it to myself ( unless, they asked for it).

PAT Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #700,217
  • Oct 24, 2022 11:12pm Oct 24, 2022 11:12pm
Quoting Pat Chiko
{quote} You don't know me to judge me. Dont be so quick to judge people if you dont know what the truth. And don't be a fire stone to pour fuel and spark hate among members here. You judge me & make assumptions about what you see online, please understand that we share just a tiny portion of our lives here. DON'T, just DON'T. ! Respectfully for Jolita , I feel that it's okay for her to share the set up and effort that bring benefit to other members. Regardless, which way the trades goes. The spirit of sharing is important here on Post sight, not...
?
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  • #700,218
  • Oct 24, 2022 11:16pm Oct 24, 2022 11:16pm
Attached Image (click to enlarge)
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yes yes yes
  • #700,219
  • Oct 24, 2022 11:23pm Oct 24, 2022 11:23pm
Attached Image (click to enlarge)
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yes yes yes
  • #700,220
  • Oct 24, 2022 11:26pm Oct 24, 2022 11:26pm
Japan intervention last week estimated at over $33 bil

Foreign exchange reserves (Millions US$)

Japan 1,238,056


So, they spent.... nothing? or almost nothing?..
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