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Cable Update (GBPUSD)

  • #703,721
  • Nov 4, 2022 3:14am Nov 4, 2022 3:14am
t 08-12
Cable. 07-45 to 08-00 15 minute bar break.
High broke for %%%%%%. now hopefully trade the 08-00 to 08-15 minute bar.
Trade well all.
t 08-14
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,722
  • Nov 4, 2022 3:17am Nov 4, 2022 3:17am
Long
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yes yes yes
  • #703,723
  • Nov 4, 2022 3:17am Nov 4, 2022 3:17am
I was hope for LO to give me straight long trade
i will not buy above 1.1184x

so it waiting game.


my SL will be 2 pips below yesterday low
  • #703,724
  • Nov 4, 2022 3:22am Nov 4, 2022 3:22am
Gonna wait for this candle to decide and then try again. If it fails again, I'm gone until Wall Street..
  • #703,725
  • Nov 4, 2022 3:30am Nov 4, 2022 3:30am
G/M, another bearish day y/day (4th consecutively,) with the Asian session making a slightly lower print then all up/retrace to the daily pivot with some ranginess so far in early London. Current dly lo comes @ top of the dly part of that prev 1hr/4hr/dly sw lo zone that extends down to 1060. (Wide pot supp zone on this d/y t/f, 4hr part starts circa 1125.)

1hr then dly below
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Trader with an Edge.
  • #703,726
  • Nov 4, 2022 3:31am Nov 4, 2022 3:31am
I expect price to go up to 1.12717 if further than to 1.13770 if it goes above
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but

if price structure change here it can go down from here even and i have to collapse.


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"Exchange of hands"
  • #703,727
  • Nov 4, 2022 3:31am Nov 4, 2022 3:31am
The price may rise until NYO
Intraday only.
  • #703,728
  • Nov 4, 2022 3:34am Nov 4, 2022 3:34am
GBPUSD 15M
Short Again, Smaller SL This Time..

If it fails see you on NYO!

That coffee won't drink itself, right?
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  • #703,729
  • Nov 4, 2022 3:35am Nov 4, 2022 3:35am
...Remember in your own time zone U.s NFP may be an hour earlier than usual- likeUk as our daylight savings ended on Sunday last week, U.s still on daylight savings in New York. So it comes out @ 12.30pm gmt.
Trader with an Edge.
  • #703,730
  • Nov 4, 2022 3:36am Nov 4, 2022 3:36am
Quoting Headland
...Remember in your own time zone U.s NFP may be an hour earlier than usual- likeUk as our daylight savings ended on Sunday last week, U.s still on daylight savings in New York. So it comes out @ 12.30pm gmt.
Yes, for me, still 8.30 am est
Intraday only.
  • #703,731
  • Nov 4, 2022 3:39am Nov 4, 2022 3:39am
Quoting Wavegarrick
{quote} Thanks for your honest observation. Well I have been buying for the last two months. I am currently on Prozac. Lol. Jokes aside. never done Prozac. Yes it's not a good feeling, There are a lot of ifs, I certainly don't see parity for Gu and we are just short of the October monthly candle open at 1.1160 ish. 1.12500 is a quarterly level and we have a week and some to go for the midpoint of the 4th quarter on the 15th of November. What can I say. Will the Us dollar become world dominance and the pound just another 3rd world currency....
UK has effectively become 3rd world country after Brexit, why its currency cannot become 3rd world currency?

(It is a joke, but not as removed from reality as I would like it to be.)
  • #703,732
  • Edited 4:17am Nov 4, 2022 3:40am | Edited 4:17am
Yesterday was much talk about GU diving. Today much talk about GU and it going long.
  • #703,733
  • Nov 4, 2022 3:43am Nov 4, 2022 3:43am
Round 3 of 3 later then re U.s NFP of the 3 main fundie events this week.

Is this the month that U.s job hirings finally show some weakness? JP certainly hopes so re the 'imbalance of supply and demand' in their labor market. Or, will hirings stay 'robust.' This site has changed it's forecast a few times this week but nothing dramatic, going with +197k now so still a good number but a slowdown on last month's, which was a surprise to the upside on forecasts. Also forecasting a slight uptick in headline unemployment #.

The Fed/commentators almost talk an economy into a recession by saying there is one coming don't they? Ie the fear of recession creates a recession.
Trader with an Edge.
  • #703,734
  • Nov 4, 2022 3:44am Nov 4, 2022 3:44am
Quoting TheWolf
GBPUSD 15M Short Again, Smaller SL This Time.. If it fails see you on NYO! That coffee won't drink itself, right? {image}
SL Hit.

I'm Done. See you later and GL!
  • #703,735
  • Nov 4, 2022 3:44am Nov 4, 2022 3:44am
https://www.armstrongeconomics.com/w...covid-amnesty/
Its always all about scamming the slaves.This is the true narrative going on from begining of mankind. A few living off the majority, and the majority does not seem to care. Too thick
POSTMASTER
  • #703,736
  • Nov 4, 2022 3:46am Nov 4, 2022 3:46am
t 08-45
Cable, i have decided not to long cable if the 08-00 15 min bar high breaks. but i will short if the low breaks.
t 08-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,737
  • Nov 4, 2022 3:51am Nov 4, 2022 3:51am
...we have an aperitif before the main course, Not historically a big mover, but will it slip below the psychological '50' read?
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Trader with an Edge.
  • #703,738
  • Nov 4, 2022 3:51am Nov 4, 2022 3:51am
Quoting billytt
t 08-45 Cable, i have decided not to long cable if the 08-00 15 min bar high breaks. but i will short if the low breaks. t 08-46
I still see no entry on GU, and it looks like my UJ will fail as well. It might survive, but as I already had my target filled in Tokyo session, I won't cry
I am neither brave nor stupid...I am just a part time trader
  • #703,739
  • Nov 4, 2022 3:52am Nov 4, 2022 3:52am
Quoting Indiara
{quote} I still see no entry on GU, and it looks like my UJ will fail as well. It might survive, but as I already had my target filled in Tokyo session, I won't cry
Completely dead.. so far.
  • #703,740
  • Nov 4, 2022 3:53am Nov 4, 2022 3:53am
Quoting TheWolf
{quote} Completely dead.. so far.
Yes, so I went for coffee
I am neither brave nor stupid...I am just a part time trader
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