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Cable Update (GBPUSD)

  • #708,461
  • Nov 21, 2022 7:05am Nov 21, 2022 7:05am
EU broke out of 4hr range and price left support turned resistance area (1.03002) untetested.
Plan your trades and trade your plan.
  • #708,462
  • Nov 21, 2022 7:05am Nov 21, 2022 7:05am
Quoting MrFanciful
I don’t think I’ve seen more frustrating price action than today
If you want to avoid this scenario in the future, simply ask yourself: where does this happen?

https://www.forexfactory.com/thread/...9#post14229239
  • #708,463
  • Nov 21, 2022 7:08am Nov 21, 2022 7:08am
Quoting elude
{image} Sell limit 1.1965; SL 1.1928 (37 pips); TP 1.1787 (141 pips)
Quoting elude
{quote} {image} {image} Sell limit triggered
Quoting elude
{quote} {image} {quote} Adding sell 1.18672; SL 1.19042 (37 pips); TP 1.17870 (80.2 pips)


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB

Trade 1 and trade 2 TP target hit. Total 221.2 pips



I wonder what happened to newbies who bought the idea of the Friday long calling guy/s to 1.2xxx.

They, that newbies, could be in deep shit now.

That’s why I previously have requested whenever making a price call, always add entry and SL, not just the target price.

Making a price call is easy, but where to enter and exit with profit is not

Of course, the target maybe hit someday, tomorrow, next week, or next year
  • #708,464
  • Nov 21, 2022 7:10am Nov 21, 2022 7:10am
GU 30min, possible range with a high at 1.18300 and low at 1.17847.
Plan your trades and trade your plan.
  • #708,465
  • Nov 21, 2022 7:18am Nov 21, 2022 7:18am
What the hell am I doing here Ciao
  • #708,466
  • Nov 21, 2022 7:19am Nov 21, 2022 7:19am
Quoting giveachance
rather than trading gbp. trade the euro it is much more predictable. I can easily see euro getting sold off before london fix {quote} it is ping pong. but as long 1.1760 holds u can buy. 1.1860 should be sold for 1.1760 {quote} why do u take such short duration trades or u are a day trader and u can close it on that day
this can still work perfectly.. 1.1760 is still in sight. depends on the americans now how much they want to watch the world cup
  • #708,467
  • Nov 21, 2022 7:21am Nov 21, 2022 7:21am
Quoting josi
{quote} If you want to avoid this scenario in the future, simply ask yourself: where does this happen? https://www.forexfactory.com/thread/...9#post14229239
I think when is also important. Not quite expecting first London session of the week after a 75 pip down move during Asia after a ranging day the previous Friday.
  • #708,468
  • Nov 21, 2022 7:27am Nov 21, 2022 7:27am
Quoting giveachance
{quote} this can still work perfectly.. 1.1760 is still in sight. depends on the americans now how much they want to watch the world cup
Funny thing about the World Cup

Here is the USA most people I have talked to are in 1 of 2 camps:

Camp 1 - Want to watch the world Cup (minority)

Camp 2 - Don't care about Soccer - World what??? (majority)

Myself I'm in Camp 2...
...because you never know - until you do!
  • #708,469
  • Nov 21, 2022 7:34am Nov 21, 2022 7:34am
Quoting elude
{quote} {quote} {quote} {image} Trade 1 and trade 2 TP target hit. Total 221.2 pips I wonder what happened to newbies who bought the idea of the Friday long calling guy/s to 1.2xxx. They, that newbies, could be in deep shit now. That’s why I previously have requested whenever making a price call, always add entry and SL, not just the target price. Making a price call is easy, but where to enter and exit with profit is not Of course, the target maybe hit someday, tomorrow, next week, or next year
elude, hold your horses, 1.2xxx is still in play at least by my analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 11.21 30M.png Size: 51 KB
Always trade your own plan...I don't provide trading signals.
  • #708,470
  • Nov 21, 2022 7:47am Nov 21, 2022 7:47am
Quoting Coreg2004
{quote} elude, hold your horses, 1.2xxx is still in play at least by my analysis. {image}
Yes Coreg2004, I agree. You can see it on my previous posted image here ->
Quoting elude
{image} Sell limit 1.1965; SL 1.1928 (37 pips); TP 1.1787 (141 pips)


Thanks
  • #708,471
  • Nov 21, 2022 7:57am Nov 21, 2022 7:57am
Gbpusd still remains in a downtrend.
  • #708,472
  • Nov 21, 2022 8:07am Nov 21, 2022 8:07am
Quoting fxsport
{quote} Funny thing about the World Cup Here is the USA most people I have talked to are in 1 of 2 camps: Camp 1 - Want to watch the world Cup (minority) Camp 2 - Don't care about Soccer - World what??? (majority) Myself I'm in Camp 2...
Camp 2 +1
  • #708,473
  • Nov 21, 2022 8:10am Nov 21, 2022 8:10am
Quoting Coreg2004
{quote} elude, hold your horses, 1.2xxx is still in play at least by my analysis. {image}
But maybe not today.
  • #708,474
  • Nov 21, 2022 8:14am Nov 21, 2022 8:14am
Can’t see 120 just yet however like Fridays move 1178X wasn’t in easy sight either
Insane in the Brain..
  • #708,475
  • Nov 21, 2022 8:18am Nov 21, 2022 8:18am
Gbpjpy short currently, but trend remains long
  • #708,476
  • Nov 21, 2022 8:22am Nov 21, 2022 8:22am
Quoting BeeTogether
Can’t see 120 just yet however like Fridays move 1178X wasn’t in easy sight either
volumes will be contracting for next 2-3 weeks until we get to the pre-quarters
  • #708,477
  • Nov 21, 2022 8:39am Nov 21, 2022 8:39am
ty mister uj
i am waiting for the signal
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj.png Size: 26 KB
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #708,478
  • Nov 21, 2022 8:42am Nov 21, 2022 8:42am
Quoting Houtbay
Where’s all the regulars on cable, the old crew?
looking for mushrooms
POSTMASTER
  • #708,479
  • Nov 21, 2022 8:44am Nov 21, 2022 8:44am
I've bought into a BS....
+1.6 pips
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_2109415_GBPUSD_2022-11-21_15-42-07.png Size: 29 KB
Imre mr. Vig on TikTok https://www.tiktok.com/@heyMickeyNYC1
  • #708,480
  • Nov 21, 2022 9:00am Nov 21, 2022 9:00am
Quoting colkohice
{quote} I think we will close above 1.1850 today.
colkohice, possible, if the GU breaks the zone for W:4???. As of right now, the market completed a bullish bat pattern on the 30M charts. How far up will it go? we will see.
Always trade your own plan...I don't provide trading signals.
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