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Cable Update (GBPUSD)

  • #707,141
  • Nov 15, 2022 1:28am Nov 15, 2022 1:28am
good, especially from an indicator cooked just before the gbp news
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do not follow me 99.9999999% of times, rest you can lol
  • #707,142
  • Nov 15, 2022 1:30am Nov 15, 2022 1:30am
Billy what do you mean 00-4. Do you look at price data from a earlier period to make trading choices.
  • #707,143
  • Nov 15, 2022 1:32am Nov 15, 2022 1:32am
German wholesale prices fell, pulling EU higher and GU as well.
  • #707,144
  • Nov 15, 2022 1:35am Nov 15, 2022 1:35am
gap stays open for 2 pips
this could be a perfect trap
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yes yes yes
  • #707,145
  • Nov 15, 2022 1:39am Nov 15, 2022 1:39am
Quoting Yngwie
Long 1.1750 SL 1.1730
Strong resistance 1.1830. Closed manual 1.1825 for 75 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,146
  • Nov 15, 2022 1:40am Nov 15, 2022 1:40am
I touched TP D1-R1. Finish today's trade. Thank you.
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  • #707,147
  • Nov 15, 2022 1:41am Nov 15, 2022 1:41am
Quoting Moty
gap stays open for 2 pips this could be a perfect trap {image}
If GU goes up with the London open as several have suggested, it might push GU past the gap.
  • #707,148
  • Nov 15, 2022 1:43am Nov 15, 2022 1:43am
Quoting PatienceFx
good, especially from an indicator cooked just before the gbp news {image}
i have to just wait for the first line out of 3 to change to get my exit, i trade in the direction all 3 wives say
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do not follow me 99.9999999% of times, rest you can lol
  • #707,149
  • Nov 15, 2022 1:44am Nov 15, 2022 1:44am
UJ good short at 140 on watchlist for today.
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  • #707,150
  • Nov 15, 2022 1:44am Nov 15, 2022 1:44am
Waiting for LO for next trade to add to short looking at 11840-50 area to short from
Insane in the Brain..
  • #707,151
  • Nov 15, 2022 1:48am Nov 15, 2022 1:48am
Quoting Yngwie
{quote} If we lucky target 1.1855 {image}
Look like can reach this target 1.1855.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,152
  • Nov 15, 2022 1:50am Nov 15, 2022 1:50am
Quoting Georginson
{quote} Gap is not yet filled at 1.1832, which will most likely prevent any sustainable bear pressure...
Gap finally filled... Bears may attack anywhere from 1.1835 - 1.1900 to target 1.1598...
Data + Stat + Risk/Emotions Management
  • #707,153
  • Nov 15, 2022 1:50am Nov 15, 2022 1:50am
Gap closed
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yes yes yes
  • #707,154
  • Nov 15, 2022 1:54am Nov 15, 2022 1:54am
EU is flirting with its next resistance of 1.04, having passed it once.... upside might not be over for GU
  • #707,155
  • Nov 15, 2022 1:54am Nov 15, 2022 1:54am
EURUSD just hit 1.04 for the first time since 5th July and is at some major resistance.

Also don't think that the world is dumping dollars on the basis of a CPI figure -0.2% below forecast. Dollar strength isn't over in my view. There is still a dollar shortage, commodities are still priced in them and a lot of countries still need them to pay their dollar denominated debt.
  • #707,156
  • Nov 15, 2022 1:57am Nov 15, 2022 1:57am
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BP and E. 5' --- SL aggresively close to PA . . . . .

  • #707,157
  • Nov 15, 2022 1:58am Nov 15, 2022 1:58am
Quoting MrFanciful
EURUSD just hit 1.04 for the first time since 5th July and is at some major resistance. Also don't think that the world is dumping dollars on the basis of a CPI figure -0.2% below forecast. Dollar strength isn't over in my view. There is still a dollar shortage, commodities are still priced in them and a lot of countries still need them to pay their dollar denominated debt.
The subtlety is, do people want to hold them? Several countries and individuals expressed 'concern' over the US seizing Russian (gov't, citizens, etc) bank accounts. Ramifications of this aren't over yet.
  • #707,158
  • Nov 15, 2022 2:03am Nov 15, 2022 2:03am
I can still see GU going down to 1.16
  • #707,159
  • Nov 15, 2022 2:03am Nov 15, 2022 2:03am
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no stopping it . The pennant breakout GeForce was a success. So will it breakout here
  • #707,160
  • Nov 15, 2022 2:05am Nov 15, 2022 2:05am
Quoting MrFanciful
I can still see GU going down to 1.16
From your keyboard to the Forex "God's" ears!
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