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Cable Update (GBPUSD)

  • #704,321
  • Nov 6, 2022 3:19pm Nov 6, 2022 3:19pm
Quoting Whale
{quote} It does. my broker is running.. dont ask me how, avatrade is also open
Markets aren’t open
  • #704,322
  • Nov 6, 2022 3:19pm Nov 6, 2022 3:19pm
Quoting Whale
{quote} It does. my broker is running.. dont ask me how, avatrade is also open
So you can close your short after all? Or trade away?
Attached Image (click to enlarge)
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #704,323
  • Nov 6, 2022 3:20pm Nov 6, 2022 3:20pm
Quoting mtako
{quote} market not open mates... {image}
Pre-market opens 2 hours earlier. I am already opening/closing trades on Saxo.
Everyone can see the chart, but only a few can actually read it.
  • #704,324
  • Nov 6, 2022 3:21pm Nov 6, 2022 3:21pm
Quoting OnlineAddict
{quote} Pre-market opens 2 hours earlier. I am already opening/closing trades on Saxo.
I use eight cap server opens in 40 mins
  • #704,325
  • Nov 6, 2022 3:24pm Nov 6, 2022 3:24pm
Quoting shakmoney
{quote} I use eight cap server opens in 40 mins
You are a member since 2012, why are we even talking about this newbie stuff? Everyone knows when regular trading opens...but nowadays there are also brokers who allow weekend trading or pre-market trading.
Everyone can see the chart, but only a few can actually read it.
  • #704,326
  • Nov 6, 2022 3:24pm Nov 6, 2022 3:24pm
Quoting OnlineAddict
{quote} Pre-market opens 2 hours earlier. I am already opening/closing trades on Saxo.
Thanks for the info ! What's your spread like right now?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #704,327
  • Nov 6, 2022 3:25pm Nov 6, 2022 3:25pm
my broker still not open trading
i believe it will open in 40 mins
Attached Image(s) (click to enlarge)
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yes yes yes
  • #704,328
  • Nov 6, 2022 3:25pm Nov 6, 2022 3:25pm
Quoting Pat Chiko
{quote} Hi Sis..... An interesting idea and it reminded me of trapping trades for opposite side of the momentum. Here's my take on visual mode.{image}{image}
The opposite, the gap will be down. Now there is a price 1,1309 (xe.com)
  • #704,329
  • Nov 6, 2022 3:25pm Nov 6, 2022 3:25pm
Attached Image (click to enlarge)
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POSTMASTER
  • #704,330
  • Nov 6, 2022 3:28pm Nov 6, 2022 3:28pm
Quoting shakmoney
{quote} Markets aren’t open
Ok
Attached Image (click to enlarge)
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  • #704,331
  • Nov 6, 2022 3:28pm Nov 6, 2022 3:28pm
Quoting OnlineAddict
{quote} You are a member since 2012, why are we even talking about this newbie stuff? Everyone knows when regular trading opens...but nowadays there are also brokers who allow weekend trading or pre-market trading.
Letting others know lol
  • #704,332
  • Nov 6, 2022 3:28pm Nov 6, 2022 3:28pm
Quoting mtako
{quote} Thanks for the info ! What's your spread like right now?
3-5 pips.
Everyone can see the chart, but only a few can actually read it.
  • #704,333
  • Nov 6, 2022 3:32pm Nov 6, 2022 3:32pm
Quoting OnlineAddict
{quote} 3-5 pips.
thats much better than I expected! Thanks for the info. Ahhh memories of those gbpU 5pips fixed spreads way back
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #704,334
  • Nov 6, 2022 3:37pm Nov 6, 2022 3:37pm
Quoting OnlineAddict
{quote} 3-5 pips.
IG 15pip spread on gu, eu 5pip spread
  • #704,335
  • Nov 6, 2022 3:38pm Nov 6, 2022 3:38pm
Quoting mtako
{quote} thats much better than I expected! Thanks for the info. Ahhh memories of those gbpU 5pips fixed spreads way back
3-5 on EU, 15 on GU on Saxo.
Everyone can see the chart, but only a few can actually read it.
  • #704,336
  • Nov 6, 2022 3:38pm Nov 6, 2022 3:38pm
Quoting mtako
{quote} thats much better than I expected! Thanks for the info. Ahhh memories of those gbpU 5pips fixed spreads way back
lol, you must be my age

eu now 7pips. changing faster than i can type
  • #704,337
  • Nov 6, 2022 3:38pm Nov 6, 2022 3:38pm
Quoting T721
{quote} IG 15pip spread on gu, eu 5pip spread
Yes, Saxo the same.
Everyone can see the chart, but only a few can actually read it.
  • #704,338
  • Nov 6, 2022 3:39pm Nov 6, 2022 3:39pm
Quoting OnlineAddict
{quote} 3-5 pips.
Low compared to mine 15.4, earlier 19pips
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  • #704,339
  • Nov 6, 2022 3:39pm Nov 6, 2022 3:39pm
btw.., if you open "specification" on the pair you are interesting in you can see open&close hour
for example.., a few minutes ago
Attached Image (click to enlarge)
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dolce vita
  • #704,340
  • Nov 6, 2022 3:44pm Nov 6, 2022 3:44pm
GBPUSD price action on the daily time frame was in in a bullish correction but turned sideways after retesting the 1.16420/1.14720 broken-down horizontal support (purple) seen on the monthly time frame. Although we may still see some northward move to a value area, such as the 1.16420/1.14720 zone (purple) or an area of market imbalance near it, a southward rotation is technically imminent.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
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