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Cable Update (GBPUSD)

  • #701,941
  • Oct 30, 2022 4:13pm Oct 30, 2022 4:13pm
Not bothering trading with 21 pip spread
  • #701,942
  • Oct 30, 2022 4:29pm Oct 30, 2022 4:29pm
Quoting BigNumbers
Go find entry on the lower time frame (5 mins) ... The bulls are on track... This week is bullish.. Find entry every day of the week on the lower time frame and only risk 13 pips SL on each trade and target 50 to 70 pips... As we all know nothing is promised in the market, If you know this then you'll understand why i can't risk more than 13 pips on a single trade even if my objective is 80 to 200 pips most of the time. The daily candle has already closed above the DLQB zone this level should hold for buy if the market does...
I knew prices may GAP DOWN at the opening... smiling
My telegram: https://t.me/avidforex
  • #701,943
  • Oct 30, 2022 4:42pm Oct 30, 2022 4:42pm
GBPUSD price action on the daily time frame took on a bullish mode after creating a multi-year low at the 1.03340 area. Meanwhile, it is retesting the 1.16420/1.14760 broken-down, former major horizontal support zone (purple) and operating within it. Although bulls are struggling to breach the zone, we may still see further northward move before a southward rotation. I am short-term bullish GBPUSD but medium tern bearish.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily_Oct 29, 2022.png Size: 12 KB
Do your homework, follow the footprints of smart money
  • #701,944
  • Oct 30, 2022 5:11pm Oct 30, 2022 5:11pm
GBPAUD LONG.. Learn how to find entry on lower time frame...
Find entry for long on a lower time frame say like 5 to 15 mins... The reason why we scroll down to lower time frame to find entry is because THE HIGHER THE TIME THE HIGHER YOUR RISK OR STOP LOSS AND THE LOWER THE TIME FRAME THE LOWER YOUR RISK OR STOP LOSS




Good Luck
Attached Image (click to enlarge)
Click to Enlarge Name: entry1.png Size: 15 KB
My telegram: https://t.me/avidforex
  • #701,945
  • Oct 30, 2022 5:47pm Oct 30, 2022 5:47pm
Possibly other shorts coming around 11617/22
COT: The precious data ignored
  • #701,946
  • Oct 30, 2022 5:52pm Oct 30, 2022 5:52pm
Quoting Chris_35
Not bothering trading with 21 pip spread
Attached Image (click to enlarge)
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  • #701,947
  • Oct 30, 2022 5:58pm Oct 30, 2022 5:58pm
NZDUSD LONG FOR THE WEEK

Scroll down to lower time frame and find entry.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.png Size: 13 KB
My telegram: https://t.me/avidforex
  • #701,948
  • Oct 30, 2022 6:43pm Oct 30, 2022 6:43pm
Quoting Chris_35
Not bothering trading with 21 pip spread
Inserted Video
  • #701,949
  • Oct 30, 2022 7:01pm Oct 30, 2022 7:01pm
good morning, first trade of this week EURUSD
Attached Image (click to enlarge)
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  • #701,950
  • Oct 30, 2022 7:21pm Oct 30, 2022 7:21pm
Quoting PatienceFx
good morning, first trade of this week EURUSD {image}
gap covered, booking 7 pips
Attached Image (click to enlarge)
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  • #701,951
  • Oct 30, 2022 7:31pm Oct 30, 2022 7:31pm
UJ in risk zone, i will avoid buying it
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 30 KB
  • #701,952
  • Oct 30, 2022 8:32pm Oct 30, 2022 8:32pm
Quoting PatienceFx
UJ in risk zone, i will avoid buying it {image}
Another intervention? Yeah, who knows..
I have a feeling if it does happen it'll be among the last ones.

In December we could see BoJ raising rates finally, I don't know.
I just got that kind of impression from Kuroda with his latest statement he made..
  • #701,953
  • Oct 30, 2022 8:34pm Oct 30, 2022 8:34pm
Quoting PatienceFx
{quote} {image}
The Police chased for 4km to cut the challan..!

!!!!
  • #701,954
  • Oct 30, 2022 9:04pm Oct 30, 2022 9:04pm
Quoting Chris_35
{quote} The Police chased for 4km to cut the challan..! !!!!
Not wearing helmet is punishable crime, but what if the helmet looks like that
  • #701,955
  • Oct 30, 2022 9:08pm Oct 30, 2022 9:08pm
Quoting TheWolf
{quote} Another intervention? Yeah, who knows.. I have a feeling if it does happen it'll be among the last ones. In December we could see BoJ raising rates finally, I don't know. I just got that kind of impression from Kuroda with his latest statement he made..
cable will take some days for clear signal
Attached Image (click to enlarge)
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  • #701,956
  • Oct 30, 2022 10:02pm Oct 30, 2022 10:02pm
I believe UJ should be going down (148.06) to below 145.12
POSTMASTER
  • #701,957
  • Oct 30, 2022 10:21pm Oct 30, 2022 10:21pm
Gold
Looking at a chart and its gaps as a support to one´s strategy, in this case, retracements.

Magenta lines and red dots are gaps to be filled.
Green lines are filled gaps.
113% is at least where price has to go.

I may be wrong

Attached Image (click to enlarge)
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POSTMASTER
  • #701,958
  • Oct 30, 2022 10:30pm Oct 30, 2022 10:30pm
Quoting TheWolf
{quote} Another intervention? Yeah, who knows.. I have a feeling if it does happen it'll be among the last ones. In December we could see BoJ raising rates finally, I don't know. I just got that kind of impression from Kuroda with his latest statement he made..
check latest germany energy subsidy news

eurusd will fall harder than a rock
  • #701,959
  • Oct 30, 2022 10:43pm Oct 30, 2022 10:43pm
Quoting Robinhood1
Gold Looking at a chart and its gaps as a support to one´s strategy, in this case, retracements. Magenta lines and red dots are gaps to be filled. Green lines are filled gaps. 113% is at least where price has to go. I may be wrong {image}
Price can reach purple lines filling gaps
Attached Image (click to enlarge)
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POSTMASTER
  • #701,960
  • Oct 30, 2022 10:48pm Oct 30, 2022 10:48pm
Was looking at the whole US Housing Market Data, and it is in serious problem with that ridiculous mortgage cost.
We might see another 2 months in red before recovery or it may extend
More time in the market, does not mean you trade better!
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