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Cable Update (GBPUSD)

  • #705,401
  • Nov 9, 2022 3:49am Nov 9, 2022 3:49am
Quoting suhas316
{quote} {image}
Same same, reaching for OB at discounted price.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,402
  • Nov 9, 2022 3:53am Nov 9, 2022 3:53am
Quoting Indiara
{quote} Gosh if it is, I am DEFINITELY in the wrong place!
sorry, avert thine eyes, lol.
Im going to delete that post now.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #705,403
  • Nov 9, 2022 3:53am Nov 9, 2022 3:53am
GU BUY

GU : STRONGER UP TONIGHT

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  • #705,404
  • Nov 9, 2022 3:53am Nov 9, 2022 3:53am
sell sell sell
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yes yes yes
  • #705,405
  • Nov 9, 2022 3:57am Nov 9, 2022 3:57am
Quoting Robinhood1
{quote} Strong support around 1.1460
Waiting for a buy signal
POSTMASTER
  • #705,406
  • Nov 9, 2022 3:58am Nov 9, 2022 3:58am
i knew this was a sell lol... and now my brain tells me its going back up... Ny session probably... who knows
  • #705,407
  • Nov 9, 2022 3:59am Nov 9, 2022 3:59am
I have a Buy on UJ

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I am neither brave nor stupid...I am just a part time trader
  • #705,408
  • Nov 9, 2022 3:59am Nov 9, 2022 3:59am
Quoting bilal1947
{quote} What is your thought process why do you think that i am interested to hear more please.
vix is my risk on/off meter
If you look "historically", whenever its low and inside an OS area, it tends to bounce nicely

Meaning we shall see a potential leg down in equity (or near, it will depend on the vix acts) with a DXY rally (as it tends to mark the risk off event)
+ Yields still not cooling off + inflation skyrocketing (germany hit new high yesterday)

And crypto not helping, with FTX out of business, and we will for sure here about dead bodies within days/weeks IMO
COT: The precious data ignored
  • #705,409
  • Nov 9, 2022 3:59am Nov 9, 2022 3:59am
Gu bought @1.1438 for 20 pips
  • #705,410
  • Nov 9, 2022 4:02am Nov 9, 2022 4:02am
Hello traders

It seems bears taking over and Cable sell off is confirmed.

Anyway I've already shorted the GBPJPY and the cable as the two are strongly correlated .

Wish you good luck to you all

Thanks
I always knew that someday I would make it big
  • #705,411
  • Nov 9, 2022 4:02am Nov 9, 2022 4:02am
...1hr and 4hr (gmt+20 close bearishly @ pot supp on 1hr/4hr - ie a prev 1hr/4hr sw lo zone going down to y/day's lo.

1hr and 4hr below.
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Trader with an Edge.
  • #705,412
  • Nov 9, 2022 4:03am Nov 9, 2022 4:03am
Quoting Indiara
I have a Buy on UJ {image}
Have protected this trade very early as I want to look after my previous +22, and UJ isn't doing that great today.
I am neither brave nor stupid...I am just a part time trader
  • #705,413
  • Nov 9, 2022 4:04am Nov 9, 2022 4:04am
crazy about it tried to reach the gap around 1610 then massive rejection before it

If "all good", it should go for the weekly open around 1300
COT: The precious data ignored
  • #705,414
  • Edited 4:18am Nov 9, 2022 4:04am | Edited 4:18am
1.st S
and usindex = if we stay below 109.90 = gbp can't fall
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Trendlines H1,H4, SMC
  • #705,415
  • Nov 9, 2022 4:05am Nov 9, 2022 4:05am
checks please
250 $ to withdraw on take away
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yes yes yes
  • #705,416
  • Nov 9, 2022 4:05am Nov 9, 2022 4:05am
Quoting nishantforex
{quote} Don't predict market...just follow the trend on higher time frame. {image}
Loving this trend play .... hope to reach target in next 2-3 days...
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  • #705,417
  • Nov 9, 2022 4:06am Nov 9, 2022 4:06am
Quoting Pat Chiko
{quote} Let me hear you, what do you think of this set up. I'm in SHORT position now. TP set Want to see how's your TA on this. Is it good, bad or disaster... ?{image}
I'll give it a go if I may? Albeit just at my desk and late in posting.

... 4H rejection from supply zone, at triangle DTL break
... Target previous and closest SR so not greedy and top of previous demand bar

although the entry is straight into the H1 SR line so I would not have taken it - but i'm learning as it clearly worked.
Good call Pat.
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always learning
  • #705,418
  • Nov 9, 2022 4:07am Nov 9, 2022 4:07am
Quoting trade866
Gu bought @1.1438 for 20 pips
SL hit
  • #705,419
  • Nov 9, 2022 4:08am Nov 9, 2022 4:08am
Quoting kuroro001
{quote} vix is my risk on/off meter If you look "historically", whenever its low and inside an OS area, it tends to bounce nicely Meaning we shall see a potential leg down in equity (or near, it will depend on the vix acts) with a DXY rally (as it tends to mark the risk off event) + Yields still not cooling off + inflation skyrocketing (germany hit new high yesterday) And crypto not helping, with FTX out of business, and we will for sure here about dead bodies within days/weeks IMO
Only one will survive no matter what is obviously Bitcoin because it has no CEO, pure technology
More time in the market, does not mean you trade better!
  • #705,420
  • Nov 9, 2022 4:09am Nov 9, 2022 4:09am
1.14160 next level of support
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