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Cable Update (GBPUSD)

  • #707,761
  • Nov 17, 2022 2:03am Nov 17, 2022 2:03am
Quoting BeeTogether
{quote} It’s crazy… maybe the autumn statement will help it drop

Fxempire is calling for the autumn financial statement to give it a boost to $1.21
  • #707,762
  • Nov 17, 2022 2:04am Nov 17, 2022 2:04am
Quoting BeeTogether
{quote} It’s crazy… maybe the autumn statement will help it drop
there is more to come until major areas
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i am short uj
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yes yes yes
  • #707,763
  • Nov 17, 2022 2:05am Nov 17, 2022 2:05am
Just peaking above yesterdays high
  • #707,764
  • Nov 17, 2022 2:06am Nov 17, 2022 2:06am
Quoting BeeTogether
{quote} It’s crazy… maybe the autumn statement will help it drop
Market knows there are tax rises and spending cuts. It will be something in the details that will cause a move if it does.
  • #707,765
  • Nov 17, 2022 2:06am Nov 17, 2022 2:06am
t 08-05 uk
Cable, that was quick, the 07-45 to 08-00 candle high broke, i went long with a scalp and got out with %%.
Let us see how the 08-00 to 08-15 candles acts.
Trade well all.
t 08-06
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #707,766
  • Nov 17, 2022 2:16am Nov 17, 2022 2:16am
Quoting BeeTogether
{quote} It’s crazy… maybe the autumn statement will help it drop
OR push it up to 21....likely scenario
average dude treading water
  • #707,767
  • Nov 17, 2022 2:16am Nov 17, 2022 2:16am
G/M. Bullish candle yesterday on the dly, inside the bullish candle of the day before. Asian session down then up, early London up too. 61.8% of the 2029-1790 pullback reached and breached @ the current dly hi.

1hr below
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Trader with an Edge.
  • #707,768
  • Nov 17, 2022 2:17am Nov 17, 2022 2:17am
Quoting Bella.al
{quote} Current Rate : 1.18998 GBP/USD.... Cable's rebound from 1.18660 suggests recent decline has formed an intraday bottom and resuming my initial bias . i would like to see 2 Objectives completed today 1. Daily Close above 1.19590 2. Price touch of 1.20380. -Bella's Blue {image}
Current Rate : 1.19439

I am +37 Pips as i write this , i am waiting for some acceleration towards Objective 2 : 1.20380 since Objective 1 Daily Close above 1.19590 can take some time.

will move my S/L to Trailing soon.

-Bella's Blue.
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Goddess of Thunder..
  • #707,769
  • Nov 17, 2022 2:18am Nov 17, 2022 2:18am
after the strong move few day ago
the crooks made am ugly shake and bake move to shake buyers
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yes yes yes
  • #707,770
  • Nov 17, 2022 2:19am Nov 17, 2022 2:19am
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morning. Nice pennant breakfast it but I was not on it . I as expecting it going short and was stopped out but just entered short here 1942 . Just getting up for coffee
  • #707,771
  • Nov 17, 2022 2:32am Nov 17, 2022 2:32am
Quoting Mitiblotch
Cooking something! It feels like bear meat is being cooked deliciously for bulls to eat. {image}
And the breakout happens. Symmetrical triangles usually always point to trend continuation. And yes, I actually bought it! No trades anymore today. Withdrawing my money for daily activities.
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  • #707,772
  • Nov 17, 2022 2:32am Nov 17, 2022 2:32am
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coffee gone back to work stripping out the 4 hour candle
  • #707,773
  • Nov 17, 2022 2:35am Nov 17, 2022 2:35am
t 08-34
Cable, my 08-00 to 08-15 candle break was good. High broke for %%.
Now finsished until tomorrow.
Trade well all .
t 08-35
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #707,774
  • Nov 17, 2022 2:36am Nov 17, 2022 2:36am
pull back to y's high
now fly like an eagle mf
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yes yes yes
  • #707,775
  • Nov 17, 2022 2:39am Nov 17, 2022 2:39am
Uk Chancellor Hunt's Autumn Statement is expected to be @ 1130am gmt (London.) which is 6am EST (New york.) Last week's 2029 hi looking tempting for the bulls? A prev 1hr/4hr sw hi zone = prev res = pot res, leading to it, 4hr part starts circa 1971. Could be supply up there if tested.
Trader with an Edge.
  • #707,776
  • Nov 17, 2022 2:40am Nov 17, 2022 2:40am
DXY 4HR looks like it could be turning up
  • #707,777
  • Nov 17, 2022 2:43am Nov 17, 2022 2:43am
One of my trading rule is :

If NY high or low breaks, expect price to test r1 / s1 at the instant most of days.

And it is done today
Intraday only.
  • #707,778
  • Nov 17, 2022 2:45am Nov 17, 2022 2:45am
Quoting navk
One of my trading rule is : If NY high or low breaks, expect price to test r1 / s1 at the instant most of days.
Is that the daily pivot?
  • #707,779
  • Nov 17, 2022 2:46am Nov 17, 2022 2:46am
Quoting MrFanciful
{quote} Is that the daily pivot?
daily r1 , daily s1 is part of daily pivot indicator
Intraday only.
  • #707,780
  • Nov 17, 2022 2:47am Nov 17, 2022 2:47am
Quoting navk
One of my trading rule is : If NY high or low breaks, expect price to test r1 / s1 at the instant most of days. And it is done today
Yeh, Dly R1 @/around the current dly hi....testing y/day hi zone now

1hr below
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Trader with an Edge.
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