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Cable Update (GBPUSD)

  • #704,541
  • Nov 7, 2022 6:09am Nov 7, 2022 6:09am
Quoting Bryan5229
{quote} She won't give in that easily, she's gonna fool traders before intended direction.
She just went for a Liquidity sweep, now going down to fill the imbalance(light purple zone) IMO
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More time in the market, does not mean you trade better!
  • #704,542
  • Nov 7, 2022 6:11am Nov 7, 2022 6:11am
Good day again good folks ! Fish got caught, will it get away ? First seconds of a bite are often the most crucial ! But now it is swimming at last week's most significant support, becoming resistance? Lets jump in, get wet to find out !!!
Quoting mtako
{quote} my 1375 SL is at BE, Adapting to gap, sell limit 1340, new sell stops 1294 1275 1256 1238 1218 1200 Happy start of the trading week to all !!!! Morning Asia! {image}
Getting back in now IF it goes a tiny bit down : Sell stop 1437, 1420, 1396, 1370!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #704,543
  • Nov 7, 2022 6:14am Nov 7, 2022 6:14am
Current Rate : 1.14491

Short GBPUSD : 1.14501
S/L : 1.14889
T/P : 1.12082

-Bella's Trend Cycles

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Goddess of Thunder..
  • #704,544
  • Nov 7, 2022 6:16am Nov 7, 2022 6:16am
potential retest of todays highs? if it does crack then we could be in the area that George and Big Numbers mentioned. A break above the 11520 can open 116 else it could be the slam down...

problem is when GU falls it doesnt dither it slams whilst very rarely do we see a long thats a rockets unless it data/geo politcia related
Insane in the Brain..
  • #704,545
  • Nov 7, 2022 6:16am Nov 7, 2022 6:16am
Quoting Moty
{quote} there is noting that can stop price until 1.15500 at least {image} yes yes yes !!!!! this is a wonderful day for צק i can really needed that money , i have some Financial obligations this week, and I was a little short, now there is more than enough{image}
Price moves at the whim of the market makers. Look at the HUGE spikes that have occurred during October. Price could take a huge dump for no apparent reason before reaching 1.1550, DESPITE that fact that there are not apparent technical reasons to do so.
To free Gazans of Hamas, use whatever it takes.
  • #704,546
  • Nov 7, 2022 6:17am Nov 7, 2022 6:17am
Quoting kuroro001
{quote} huge fail to break above and back at support now
Waiting 73 to be taken out during NY to get there .
Peace Yo!
  • #704,547
  • Nov 7, 2022 6:19am Nov 7, 2022 6:19am
Quoting Bella.al
Current Rate : 1.14491 Short GBPUSD : 1.14501 S/L : 1.14889 T/P : 1.12082 -Bella's Trend Cycles {image}
Could you share something about the cycle methodology, i dont get the logic by reading the chart.
  • #704,548
  • Nov 7, 2022 6:21am Nov 7, 2022 6:21am
GBPUSD Daily chart seems 1.1030 support is waiting for us.
https://passmypropfirms.xyz
FTMO 200K Challenge (Passed) All Time Return: 10.3%
  • #704,549
  • Nov 7, 2022 6:28am Nov 7, 2022 6:28am
Quoting Whale
{quote} Could you share something about the cycle methodology, i dont get the logic
Hello,

Methodology is about Patterns i discovered in GBPUSD while studying Elliot waves using Prechter's Book (Wave Principal ) and Started Assembling them together to create a cycle .

-Bella
Goddess of Thunder..
  • #704,550
  • Nov 7, 2022 6:29am Nov 7, 2022 6:29am
Quoting mrluckystar
{quote} Waiting 73 to be taken out during NY to get there .
m1 trend is back down to me, but m5/m15/m30 are up

waiting for m1 to turn up again to try long
COT: The precious data ignored
  • #704,551
  • Nov 7, 2022 6:36am Nov 7, 2022 6:36am
Quoting profits7
{quote} _________ well Now you Blieve , just keep it Simple = K.I.S.S. - - - when I've time I'll post sume Real Live cable trades in Advance next wk
_____________________ as promised =
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Don’t focus on making $$$, focus on protecting what you have.
  • #704,552
  • Nov 7, 2022 6:48am Nov 7, 2022 6:48am
Quoting kuroro001
{quote} m1 trend is back down to me, but m5/m15/m30 are up waiting for m1 to turn up again to try long
Hopefully this one..
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Peace Yo!
  • #704,553
  • Nov 7, 2022 6:49am Nov 7, 2022 6:49am
Let's see where does my long to 1.18 trade stand.

Last time, when I posted, it had a P/L of -$600. Link to post here: 14208917

Cable had gone up today. P/L at time of writing, was +$410. I might close one or two trades that were placed too close to each other, on the way up. Let's see...
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  • #704,554
  • Nov 7, 2022 6:52am Nov 7, 2022 6:52am
Quoting mrluckystar
{quote} Hopefully this one.. {image}
yes, not yet
and looking at euro, above 09990 m1 could turn up and head way higher (bull target 1.0074+ to me)
COT: The precious data ignored
  • #704,555
  • Nov 7, 2022 6:54am Nov 7, 2022 6:54am
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RedcaT 3003
25k Return This Week: na
  • #704,556
  • Nov 7, 2022 6:56am Nov 7, 2022 6:56am
Quoting redcat3003
{image}
Watching this one too.. qml
Peace Yo!
  • #704,557
  • Nov 7, 2022 6:59am Nov 7, 2022 6:59am
Quoting Bella.al
{quote} Hello, Methodology is about Patterns i discovered in GBPUSD while studying Elliot waves using Prechter's Book (Wave Principal ) and Started Assembling them together to create a cycle . -Bella
thanks for your comment, you are doing great job
keep up!
  • #704,558
  • Nov 7, 2022 7:00am Nov 7, 2022 7:00am
Quoting redcat3003
{image}
Saw the SMD on the dollar, might continue with the rally
  • #704,559
  • Edited 8:04am Nov 7, 2022 7:09am | Edited 8:04am
EU - short at 0.99917 - 5 pip SL

Update: SL HIT
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"Exchange of hands"
  • #704,560
  • Nov 7, 2022 7:11am Nov 7, 2022 7:11am
Sell GU @ 1.1460 for 20 pips
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