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Cable Update (GBPUSD)

  • #704,781
  • Nov 8, 2022 12:40am Nov 8, 2022 12:40am
Quoting Robinhood1
I am expecting chfjpy to produce a slingshot from around 148.30 to below 147.70 and shoot up to around 148.80 resuming temporarily its uptrend swing
while sleeping it did not hit my TP for a few pips. AI knows when we are asleep through mobile, desktop and who knows what else, we in general are tomorrow´s chimps. Doctor might confirm abouit the "chimps" maybe. Anyway, i closed with profits but i beleive it will have to complete the cycle going a bit lower. So now i am long gbpnzd 1.9383 for a big run.

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POSTMASTER
  • #704,782
  • Nov 8, 2022 12:42am Nov 8, 2022 12:42am
Quoting Robinhood1
{quote} while sleeping it did not hit my TP for a few pips. AI knows when we are asleep through mobile, desktop and who knows what else, we in general are tomorrow´s chimps. Doctor might confirm abouit the "chimps" maybe. Anyway, i closed with profits but i beleive it will have to complete the cycle going a bit lower. So now i am long gbpnzd 1.9383 for a big run. {image}
Maybe 2.0160
POSTMASTER
  • #704,783
  • Edited 12:54am Nov 8, 2022 12:44am | Edited 12:54am

MPL and trendline..
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Peace Yo!
  • #704,784
  • Nov 8, 2022 12:46am Nov 8, 2022 12:46am
Quoting Indiara
{quote} Hello KashifHfx Thank you for the 'get well' wishes Let me start to answer your question by saying that I explained my strategy in a earlier post, so if you quickly read through my posts, you will have a better understanding of what I do For this particular trade, let us look briefly at the H1 chart. I use the M5, M15 and M30 charts to find an entry, but the H1 chart does show the immediate trend. We can see from the H1 chart that last Friday (Nov 4th) the upswing began and the market closed with a 250 pip (more or less)...
Hello Indiara,
Thanks for your reply, and this is really helpful. and I will be looking for your previous posts, you mentioned.

Regards,
Kashif
  • #704,785
  • Nov 8, 2022 12:58am Nov 8, 2022 12:58am
Quoting mrluckystar
MPL and trendline.. {image}
Very good setup

im shorting to 1.1 minimum.. will not be surprised to see a dump in the near days.
  • #704,786
  • Nov 8, 2022 1:01am Nov 8, 2022 1:01am
Quoting ScalaFX
Hi all! Hope everyone doing good work and make money My setup is Sell 1530 with 1250 profit taking P.S. no time to post everyday becouse making some pojects, but I will try from time to time cheers
Trade protected waiting for more
People don't plan to lose. They lose because they don't plan.
  • #704,787
  • Nov 8, 2022 1:04am Nov 8, 2022 1:04am
Quoting Whale
{quote} Very good setup im shorting to 1.1 minimum.. will not be surprised to see a dump in the near days.
With every opportunity to short, GU appears to move higher but for a big move it has to gather even more liquidity. I expect a move down in an attempt to gather that liquidity, the question then is will bears and bulls win out for the overall direction!
  • #704,788
  • Nov 8, 2022 1:07am Nov 8, 2022 1:07am
Current Rate : 1.14896

Today i would like to be a "Responsive Buyer" that is buying when the GBPUSD is under-value in relation to Pivot Point. Waiting for Dip below Pivot Point

-Bella's Trend Cycles.
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Goddess of Thunder..
  • #704,789
  • Nov 8, 2022 1:10am Nov 8, 2022 1:10am
Quoting Whale
{quote} Very good setup im shorting to 1.1 minimum.. will not be surprised to see a dump in the near days.
Imagine a very hot CPI...it would be ugly

for now my m1/m5 are down....so i'll keep selling
COT: The precious data ignored
  • #704,790
  • Nov 8, 2022 1:14am Nov 8, 2022 1:14am
t 07-11 uk time.

Cable. my bias is short due to price dropping under 11498. (( i know it is already under)). if price moves up and breaks 11537 then my bias will be long.
Reason being, These 2 prices are the high/low of the Asian session 00-00 to 04-00 4 hour candle range.
A Very important range. but more important for me to fix a bad trade.
i am waiting to trade off the 07-45 to 08-00 candle and then trade off the 08-00 to 08-15 candle Trade well all.
t 07-14 uk time.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #704,791
  • Nov 8, 2022 1:14am Nov 8, 2022 1:14am
Good Afternoon everyone

Last 5 days fluctuation

1-Nov-2022: High = 1.15661, Low = 1.14369 Total Fluctuation = 1092 points
2-Nov-2022: High = 1.15647, Low = 1.13878 Total Fluctuation = 1769 points
3-Nov-2022: High = 1.14219, Low = 1.11514 Total Fluctuation = 2707 points
4-Nov-2022 High = 1.13819, Low = 1.11458 Total Fluctuation = 2361 points
7-Nov-2022 High = 1.15415, Low = 1.12902 Total Fluctuation = 2514 points

Total Fluctuation in 5 days = 9363 points
Last 5 days Fluctuation in average = 1872 points
Highest Fluctuation of 5 days = 2705 points

Yesterday Highest Price = 1.15415, Lowest = 1.12902
Today Open Price = 1.15107

Estimate today reasonable highest price: 1.16979
Estimate today highest price: 1.17812


Estimate today reasonable lowest price: 1.13234
Estimate today lowest price : 1.12402

The above information is for your reference only not financial advice.

Happy Trading
With courage, patience, and discipline, success is a matter of time.
  • #704,792
  • Nov 8, 2022 1:17am Nov 8, 2022 1:17am
Going down to test daily support at 1.1320
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  • #704,793
  • Nov 8, 2022 1:23am Nov 8, 2022 1:23am
Quoting nishantforex
Going down to test daily support at 1.1320 {image}
> Going down

----> I agree with this part.
Meditate -> Workout -> Good Food = Good Life!
  • #704,794
  • Nov 8, 2022 1:28am Nov 8, 2022 1:28am
Took one trade off this morning for +126 pips. Let the other 14 trades to run.
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  • #704,795
  • Nov 8, 2022 1:29am Nov 8, 2022 1:29am
tp 1.14470
it got to get there
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yes yes yes
  • #704,796
  • Nov 8, 2022 1:29am Nov 8, 2022 1:29am
Quoting Indiara
{quote} I waited for TP and was almost hit, so I made exit manually for +63. Less -12 from earlier trade = +51 {image}
Attached Image (click to enlarge)
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Hello Indiara, I saw your trade yesterday, where you missed some PIPs that could be gained with simple strategy.

Here is my strategy to close a trade (this is M15 Chart). That really works (since 2014). You closed you Buy some where mid way.
I ll wait the trade and let it go, until green bars give me 2 signs. (image is attached)

  1. After M15 green bars, there is a red bar, that means price will retrace.
  2. If next green bar, breaks the previous bar's low.

I usually move SL to previous M15 low. (Vise versa for Sell Trades). Please observe it before you apply.

Regards,
Kashif

  • #704,797
  • Edited 1:43am Nov 8, 2022 1:32am | Edited 1:43am
Buy limit 1.1455 SL 1.1415
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #704,798
  • Nov 8, 2022 1:32am Nov 8, 2022 1:32am
Quoting Wavegarrick
{quote} For Bears possible 60 pip retrace, I treat this as a scalp trade against bullish momentum and will lock in asap. Cheers. {image}
Closed my 2 sell trades for 65 pips profit.
Buy trade opened at 1.14750 and I will look to add more towards my daily pivot at 1.1450.
Cheers.
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Trade to trade another day
  • #704,799
  • Nov 8, 2022 1:35am Nov 8, 2022 1:35am
Quoting Indiara
Hello trading friends! Tokyo didn't show me any chances to trade, so I went to my garden with my guitar and just relaxed. Perhaps Uncle Frankie or London will provide a chance....we shall see. Good luck everyone, I hope all of us can make something
t 07-34 uk time.
Hi Indi, we had an inside bar yesterday U/J 4 hour.
i can only speak uk time lol.
1= that inside bar. both ends did break.
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Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #704,800
  • Nov 8, 2022 1:36am Nov 8, 2022 1:36am
Attached Image (click to enlarge)
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yes yes yes
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Jewel1996