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Cable Update (GBPUSD)

  • #707,841
  • Nov 17, 2022 5:13am Nov 17, 2022 5:13am
Days　S1　diffusion　buy
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  • #707,842
  • Nov 17, 2022 5:19am Nov 17, 2022 5:19am
one can trade s1 to pivot ( close to pivot )

with stop below current low.

Yeah
Intraday only.
  • #707,843
  • Nov 17, 2022 5:22am Nov 17, 2022 5:22am
... less than 10mins to go till the statement begins apparently?

4hr below
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Trader with an Edge.
  • #707,844
  • Nov 17, 2022 5:29am Nov 17, 2022 5:29am
EU and USDX appear to be ranging in the 1 min and 5 min charts. Not so clear with GU.
  • #707,845
  • Nov 17, 2022 5:34am Nov 17, 2022 5:34am
My chart from yesterday still stands,

Daily against the weekly is corrective, the daily may have completed its upcycle, a abc c, via the last upswing on 4H having completed 5 swings up, good luck all
Follow The Markets Structure - Patience and Discipline
  • #707,846
  • Nov 17, 2022 5:40am Nov 17, 2022 5:40am
Quoting pipfarm
My chart from yesterday still stands, Daily against the weekly is corrective, the daily may have completed its upcycle, a abc c, via the last upswing on 4H having completed 5 swings up, good luck all
Judging by the OBR forecast for inflation to drop , the markets may expect slower interest rate rises or none at all, therefore gbp bearish
Follow The Markets Structure - Patience and Discipline
  • #707,847
  • Nov 17, 2022 5:40am Nov 17, 2022 5:40am
If you were long that hurt!

Earlier to day the MM did a similar move and then went up
  • #707,848
  • Nov 17, 2022 5:40am Nov 17, 2022 5:40am
S1 needs to break else it could be seen as a crooky fake out. The area has been resistance for the majority of the week and it could just hold out. Let’s see what the next 90 mins or so brings

as I posted that bang the trapdoor opened
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Insane in the Brain..
  • #707,849
  • Nov 17, 2022 5:41am Nov 17, 2022 5:41am
Quoting Yngwie
Test Test Long 1.1876 SL 1.1850
Closed! Take short after SL hit and boom!
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,850
  • Nov 17, 2022 5:44am Nov 17, 2022 5:44am
Quoting dantpm
EU and USDX appear to be ranging in the 1 min and 5 min charts. Not so clear with GU.
JUST CONITUE TO SELL BREAKDOWN
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yes yes yes
  • #707,851
  • Nov 17, 2022 5:44am Nov 17, 2022 5:44am
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Quoting elbert3
Feels like an ambush is about to take place .. slowly creeping up and then bang . Lol
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As above creeping high and I knew it would false out lol .. I am so fu…ing good at times .
  • #707,852
  • Nov 17, 2022 5:47am Nov 17, 2022 5:47am
Quoting elbert3
{image}{quote} {image}As above creeping high and I knew it would false out lol .. I am so fu…ing good at times .
The break below looks fake too
Insane in the Brain..
  • #707,853
  • Nov 17, 2022 5:47am Nov 17, 2022 5:47am
Before Junt announced his budget already booked +122pips from short.
Earlier booked +87 pips from Longs. What more i want for today?
More time in the market, does not mean you trade better!
  • #707,854
  • Nov 17, 2022 5:48am Nov 17, 2022 5:48am
Quoting Fardeen1209
Before Junt announced his budget already booked +122pips from short. Earlier booked +87 pips from Longs. What more i wany for today?
  • #707,855
  • Nov 17, 2022 5:49am Nov 17, 2022 5:49am
Quoting Fardeen1209
Before Junt announced his budget already booked +122pips from short. Earlier booked +87 pips from Longs. What more i want for today?
well done bro!
Insane in the Brain..
  • #707,856
  • Nov 17, 2022 5:50am Nov 17, 2022 5:50am
Will she reverse to close the imbalances she created from the free fall?
More time in the market, does not mean you trade better!
  • #707,857
  • Nov 17, 2022 5:51am Nov 17, 2022 5:51am
y's low is broken
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yes yes yes
  • #707,858
  • Nov 17, 2022 5:51am Nov 17, 2022 5:51am
Quoting BeeTogether
{quote} well done bro!
Thanks The short entry was from PAT Chart but fundamentals i was already bearish
More time in the market, does not mean you trade better!
  • #707,859
  • Nov 17, 2022 5:53am Nov 17, 2022 5:53am
Does this stray line end in a large mustache?
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  • #707,860
  • Nov 17, 2022 5:54am Nov 17, 2022 5:54am
NY session, probably 1860/70 to 1750 ?
Intraday only.
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