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Cable Update (GBPUSD)

  • #709,041
  • Nov 23, 2022 10:26pm Nov 23, 2022 10:26pm
Cable long tp 1.21500
  • #709,042
  • Nov 23, 2022 10:59pm Nov 23, 2022 10:59pm
Quoting nishantforex
{quote} Update 18 Nov Bulls still strong 1.21 in sight {image}
target 1.21 achieved...next is 1.22 DMA resistance for welcome Shorts
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: CABLE update 21nov.jpg Size: 46 KB
  • #709,043
  • Nov 23, 2022 11:00pm Nov 23, 2022 11:00pm
Quoting Bella.al
{quote} Current Rate : 1.20344 Currently GBPUSD has completed 2 of Bella's Price Objectives already 1. Bella's Price Objective 1 : 1.19828 2. Bella's Price Objective 2 : 1.20306 3. Bella's Price Objective 3 : 1.21748 ( T/P) of today's trade which i am trailing... Change of Plans about T/S Time to Move the Trailing Stop : T/S Adjusted to 1.20027 Locked + 116 Pips Bella's Blue {image}
As I said your objectives will be achieved in a near future
Shekh In Desert
  • #709,044
  • Nov 23, 2022 11:09pm Nov 23, 2022 11:09pm
Quoting PatienceFx
good morning team https://www.youtube.com/watch?v=xUxLLbXUpVM
The Saudi - Yemen 'conflict' is actually a (pseudo religious) proxy war that has been going on between Saudi and Iran for over 50 years! It has been destroying Yemen for all of that time and was actively supported by the US to help maintain US - Saudi relations.

The US role in the Russia - Ukraine conflict goes back to WW2 if you care to research it. Biden has stated that his goal is to remove Putin from power and split Russia into 3 smaller, less influential countries. Outsider of Europe and the US, the US agenda has no support.

All of this will have a growing influence on the global economy and currency trading!
  • #709,045
  • Nov 23, 2022 11:11pm Nov 23, 2022 11:11pm
Quoting nishantforex
{quote} target 1.21 achieved...next is 1.22 DMA resistance for welcome Shorts {image} {image}
Why do you not include the symbol and time frame on your charts?
  • #709,046
  • Nov 23, 2022 11:14pm Nov 23, 2022 11:14pm
Quoting dantpm
{quote} Why do you not include the symbol and time frame on your charts?
Thank you for your suggestion... will do so hereafter ...i only trade thru daily charts...anything below daily is noise for me.
  • #709,047
  • Nov 23, 2022 11:25pm Nov 23, 2022 11:25pm
Ok Bulls!.. need to work together ... this is from my side .... GO BULLS! . Give me 1.21320 Break.

Attached Image (click to enlarge)
Click to Enlarge Name: Hammer_01.png Size: 84 KB
Goddess of Thunder..
  • #709,048
  • Nov 23, 2022 11:31pm Nov 23, 2022 11:31pm
Quoting Bella.al
Ok Bulls!.. need to work together ... this is from my side .... GO BULLS! . Give me 1.21320 Break. {image}
good luck, very low chances for pass 1.12319 this week.
but just an opinion
  • #709,049
  • Nov 23, 2022 11:38pm Nov 23, 2022 11:38pm
Quoting Whale
{quote} good luck, very low chances for pass 1.12319 this week. but just an opinion
I am still trying to digest this move. The FED hints at a slower rate of increase in rates, so .5 instead of .75 and that is enough to produce this 'rally'?
All of the other economic problems (energy costs and supply, probability of both global and local recession, impact of the Russia - US/Ukraine conflict, etc.) are still very much present!
  • #709,050
  • Nov 23, 2022 11:43pm Nov 23, 2022 11:43pm
Quoting dantpm
{quote} I am still trying to digest this move. The FED hints at a slower rate of increase in rates, so .5 instead of .75 and that is enough for this 'rally'? All of the other economic problems (energy costs and supply, probability of both global and local recession, impact of the Russia - US/Ukraine conflict, etc.) are still very much present!
price doesn' lie, or it does?
my weekly chart still bearish.

this is the last one left.
lets see if we can get 30m/1h/4h down structure according to it
if you ask me, we will.
Attached Image (click to enlarge)
Click to Enlarge Name: 7135405E-E6D1-4F7C-B9ED-373FAA6415B5.png Size: 56 KB
  • #709,051
  • Nov 23, 2022 11:47pm Nov 23, 2022 11:47pm
Quoting Whale
{quote} price doesn' lie, or it does? my weekly chart still bearish. this is the last one left. lets see if we can get 30m/1h/4h down structure according to it if you ask me, we will. {image}
Very much agreed! The 'trick' is to make sure we identify the move and not just add fuel to the MM moving this market!
  • #709,052
  • Nov 23, 2022 11:47pm Nov 23, 2022 11:47pm
Quoting Whale
{quote} price doesn' lie, or it does? my weekly chart still bearish. this is the last one left. lets see if we can get 30m/1h/4h down structure according to it if you ask me, we will. {image}
Agreed.
Need at least a retest of the downward trendline, and a weekly failed to close below the trendline, while a clear projection for FED pivot to 50bps Dec FOMC and heading towards 25bps next year, then we might see the true trend up.

This projection could take to 4-5 months to complete!
More time in the market, does not mean you trade better!
  • #709,053
  • Nov 24, 2022 12:07am Nov 24, 2022 12:07am
Watching price drop below several EMA curves on both the 1 and 5 min time frames. Hasn't been 'here' in a while!
So is this just the 50 pip pull back before moving higher?
  • #709,054
  • Nov 24, 2022 12:23am Nov 24, 2022 12:23am
Quoting Bella.al
Ok Bulls!.. need to work together ... this is from my side .... GO BULLS! . Give me 1.21320 Break. {image}
...... and this is to Protect my Trailing Stop at 1.20667 ... Go Bulls!

Attached Image (click to enlarge)
Click to Enlarge Name: GoddessOfThunder_01.png Size: 57 KB
Goddess of Thunder..
  • #709,055
  • Edited 3:26am Nov 24, 2022 12:23am | Edited 3:26am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Attached File(s)
File Type: ex4 harmonic.ex4   365 KB | 151 downloads
  • #709,056
  • Nov 24, 2022 12:25am Nov 24, 2022 12:25am
Quoting Bella.al
{quote} ...... and this is to Protect my Trailing Stop at 1.20667 ... Go Bulls! {image}
Unless your trailing stop is controlled by an EA, it is probably very much 'at risk'!
  • #709,057
  • Nov 24, 2022 12:32am Nov 24, 2022 12:32am
Quoting dantpm
{quote} Unless your trailing stop is controlled by an EA, it is probably very much 'at risk'!
Hello,

I do everything manual except the pivots on my chart.

-bella.
Goddess of Thunder..
  • #709,058
  • Nov 24, 2022 12:34am Nov 24, 2022 12:34am
Quoting Bella.al
{quote} Hello, I do everything manual except the pivots on my chart. -bella.
Cool, reduces the chances of stop hunts but increases the risk of 'getting caught' on the bad side of a spike!
  • #709,059
  • Nov 24, 2022 12:36am Nov 24, 2022 12:36am
Hello London traders!

I see that lots of pips were on hand after I finished trading yesterday evening. I think that some of you did very well, so that makes me happy.

Today and tomorrow will be the same for me, I can only be here for a short while as there is still so much to be done, but pips may come to me if I stay in the long grass and wait
I am neither brave nor stupid...I am just a part time trader
  • #709,060
  • Nov 24, 2022 12:37am Nov 24, 2022 12:37am
Quoting Bella.al
{quote} ...... and this is to Protect my Trailing Stop at 1.20667 ... Go Bulls! {image}
Nice work!
I am neither brave nor stupid...I am just a part time trader
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