Cable Update (GBPUSD)

Yea, i love to hear such. More green pips to you

GU - "Live Trade/Real Time Only"

With GDP, jobs data and CPI are backward looking/lagging
Today US CPI, hot numbers

Looking forward to reach target 1

Attached Image (click to enlarge)

Tp 1.14200

Closed long at b/e + 9 (accumulated ave opening at 11398) now short at 11409 open TP. SL will be at yesterday’s total profit level (still working out)

G/M, a strongly bearish > 30day adr day y/day with the 234pip drop’s dly lo finding some support @ a prev 1hr sw hi zone = prev res = pot rbs, now a prev 1hr/4hr sw lo zone. This zone confluence with 85.4% of the 1289-1599 move, and around the mthly pivot. The Asian session continued the pullback of y/day's down move.

4hr is currently rangy – bearish and 1hr is in a general downtrend.

1hr below

i will not move , so you better drop now , between fo and lo and don't wait for the data 7.5 hours from now

...there is a repeating pattern of bearish hidden div present on 30min and 1hr, and both may stay valid whilst price under 1475. Like 5min y/day not much of a next higher t/f downtrend for either (2hr or 4hr respectively) but 5min did go on to achieve a good downside follow thru to y/day's lo nonetheless.
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The all-important U.s Cpi later today.
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4hr below

A few hundred pip drop to go

Gbpusd longer term trend is up

Hi, on what t/f (s) ? Thanks. Dly is rangy-bullish but no real uptrend now after the LH and no HH yet on that t/f, although yes 3 x consecutive HL's, but wkly and mthly are still in downtrends.

Dly below

Easy buys

TToday I will happily sell cable at any level

Good morning folks,

Though I do not have any setup on GU, I have an existing BULL setup on GBPNZD and I think it may drag it along with.
That being said, Mr. Lee might come into play on GU today because I am also expecting the Lee family at GBPNZD.

It would be wise to observe PA
Cheers

easy drop
switched to short my friend , or at least get out
you will loss

Do you have a target?

t 07-20 am uk time.
Hi all,
have a good day trading.
I am waiting to scalp off the 07-45 to 08-00 and then the 08-00 to 08-15 15 minute candles. In and out quick.
Cable, my bias is long which means nothing as the 00-00 to 04-00 4 hour range high was broken. until the low at 11356 is broken it will remain Long.
Trade well all.
t 07-22

Hello trading friends

They say 'it never rains but it pours', and this is perfect saying for me just now.

I didn't tell you this before because this isn't trading related, but just before I got sick, my 90 year old Mum fell and broke a rib in her back. I probably caught Covid from the hospital. Anyway, I went there today to speak to her doctors and they have decided that it is no longer safe for her to be living in her own home as her balance and strength is not enough to prevent another fall from happening. She has fallen a few times before, twice ending in hospital, but none of us want her to fall and not be able to press her alarm because she hit her head and hurt herself, or worse.

So, I have a lot of work to do now to find her the best place I can for respite care for the next 6 weeks, and while she is there, I need to find a selection of permanent rest homes that she can choose from as her new 'forever' home. I have until the middle of next week to find the respite home. Once this is done, I will have to sort out her house and sell things like fridge, freezer, washing machine, beds and, and, and, as well as all of her personal effects.

I feel like I have failed her in a way, but also if it wasn't for the care I been able to source and provide for her, she would have been in a rest home years ago. And I will still be able to take her out for lunch and all sorts of things, as I do now.

There's lots more, but that is the over-view of the situation.

How does this relate to trading? Well, I have very little time to trade right now, but I make it work. With all this extra work I will have to do, starting tomorrow morning, as well as my day job, I may be too tired to do any trading. If I can make the occasional trade, I will. I will check in here when I can also. My challenge for next year might get put back a while too, but I will definitely do it.

So I may not be here much for the rest of the year, but I will call in when I can....and I WILL be back.

Take Care,
love you all
Indiara xxx

edit 07-26 cable chart just copied.
A = the 00-00 to 04-00 range.
Trade well all.
t 07-27

Balls of steel, Pat!....Good luck with those trades!!

morning. Underwater at this time . Overnight I did not have control so back to work on this