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Cable Update (GBPUSD)

  • #703,241
  • Nov 3, 2022 5:15am Nov 3, 2022 5:15am
Quoting TheWolf
If I see Daily candle closing below 1.125 I won't think much before shorting at all..
careful ...... daily is saying something
Attached Image (click to enlarge)
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  • #703,242
  • Nov 3, 2022 5:19am Nov 3, 2022 5:19am
Quoting PatienceFx
{quote} careful ...... daily is saying something {image}
TheWolf LooooL..
What are you thinking? I don't seem to see anything here..
I see it was in an uptrend and created new HH last time at 1.164, but I'm not confident we will get the third Buy anymore.

What are you seeing?
  • #703,243
  • Nov 3, 2022 5:19am Nov 3, 2022 5:19am
Quoting Whale
first trade {image}
-24 pipsis

will wait for another attack. soon...
  • #703,244
  • Nov 3, 2022 5:21am Nov 3, 2022 5:21am
Hello traders

Downside bias prevails and I think GBPUSD has been building up a selling momentum and getting ready for another dip to hit the major support and psychological level to target 1.1200 as this level is very strong and it's expected to hold if no surprises from the BoE data coming out as widly expected.

So everyone please take care .

Trade well.

Thanks
I always knew that someday I would make it big
  • #703,245
  • Nov 3, 2022 5:21am Nov 3, 2022 5:21am
Next critical support zones are 1.1225 and 1.1171... at least 130 pips bounce to 1.1360 is expected from this area...
Data + Stat + Risk/Emotions Management
  • #703,246
  • Nov 3, 2022 5:23am Nov 3, 2022 5:23am
...5min bearish hidden div screwed the 1st 'real' pullback attempt by the bulls @ that aforementioned pot sbr.

5min below
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Trader with an Edge.
  • #703,247
  • Nov 3, 2022 5:24am Nov 3, 2022 5:24am
i was wrong about taking 1330 exit on my shorts, i have not bothered for any fresh entry but instead spent a good two hours coding
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 18 KB
  • #703,248
  • Nov 3, 2022 5:26am Nov 3, 2022 5:26am
GU

SHORT Scalp pre- news.
Tiny and quick trget for LQ @ QM
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #703,249
  • Nov 3, 2022 5:29am Nov 3, 2022 5:29am
GBPNZD SHORT.. But it looks like NZD is weak at the moment but unfortunately we must respect our zone.. we hope that the zone will strengthen NZD

TP1 @ next level of support 0.94740

If price break through it, we can keep going down..

I may start live trading soon...
Attached Image (click to enlarge)
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My telegram: https://t.me/avidforex
  • #703,250
  • Nov 3, 2022 5:30am Nov 3, 2022 5:30am
USDX nearing ADR and its next resistance on Hourly chart. Might be good zone to target
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No pen no gen
  • #703,251
  • Nov 3, 2022 5:33am Nov 3, 2022 5:33am
I won't be entering any more trades now as we are closer to BOE show. I can't stay awake for this because I'm too tired, but I feel better than yesterday. I have the pips that I wanted for my experiment, I'll update at the end of the month and share it with you then

I'll stay here for a little longer as I have a hot cup of green tea to drink
I am neither brave nor stupid...I am just a part time trader
  • #703,252
  • Nov 3, 2022 5:35am Nov 3, 2022 5:35am
time to revarse
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yes yes yes
  • #703,253
  • Nov 3, 2022 5:39am Nov 3, 2022 5:39am
Quoting Indiara
I won't be entering any more trades now as we are closer to BOE show. I can't stay awake for this because I'm too tired, but I feel better than yesterday. I have the pips that I wanted for my experiment, I'll update at the end of the month and share it with you then I'll stay here for a little longer as I have a hot cup of green tea to drink
TheWolf is really a good indicator
Attached Image (click to enlarge)
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  • #703,254
  • Nov 3, 2022 5:39am Nov 3, 2022 5:39am
Quoting Georginson
Next critical support zones are 1.1225 and 1.1171... at least 130 pips bounce to 1.1360 is expected from this area...
Almost 200 pips range, and big news hasn't even hit the market

If its bad, below 1,10 it goes, for a sweet 600 pips drop in 4 days lol

Else, 11375/95 for strong bounce
COT: The precious data ignored
  • #703,255
  • Nov 3, 2022 5:48am Nov 3, 2022 5:48am
Quoting kuroro001
{quote} Almost 200 pips range, and big news hasn't even hit the market If its bad, below 1,10 it goes, for a sweet 600 pips drop in 4 days lol Else, 11375/95 for strong bounce
I expect at least possible bounce to 1.1325 area... Even if price touches 1.1170.
Data + Stat + Risk/Emotions Management
  • #703,256
  • Nov 3, 2022 5:50am Nov 3, 2022 5:50am
Can I recover ?

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Intraday only.
  • #703,257
  • Nov 3, 2022 5:51am Nov 3, 2022 5:51am
...can you imagine the probable downside move if it's 'only' +0.5% !? Lol.
--------------------------------
That prev 1hr sw hi zone at the current dlyu lo, = prev res = pot rbs. Regular bullish div plays 1mim, 3min, 5min, there.

1hr below
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Trader with an Edge.
  • #703,258
  • Nov 3, 2022 5:51am Nov 3, 2022 5:51am
Quoting BigNumbers
GBPNZD SHORT.. But it looks like NZD is weak at the moment but unfortunately we must respect our zone.. we hope that the zone will strengthen NZD TP1 @ next level of support 0.94740 If price break through it, we can keep going down.. I may start live trading soon... {image}
I could be totally wrong - and probably am - but is that a QM down there on the 1-hour? And if so, does that mean GBP/NZD is going up?
  • #703,259
  • Nov 3, 2022 5:53am Nov 3, 2022 5:53am
Quoting Headland
...can you imagine the probable downside move if it's 'only' +0.5% !? Lol.
That would wipe Pound lol
No pen no gen
  • #703,260
  • Nov 3, 2022 5:56am Nov 3, 2022 5:56am
Lets try and long for one hour
Emotional Control. Process, not outcome.
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