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Cable Update (GBPUSD)

  • #709,121
  • Nov 24, 2022 3:34am Nov 24, 2022 3:34am
Quoting Indiara
I have a UJ Sell, this time with the trend! {image}
There is no power in this market, and although I'm sure that UJ will go down, I don't want drawdown so I have protected this Sell trade early.
I am neither brave nor stupid...I am just a part time trader
  • #709,122
  • Nov 24, 2022 3:38am Nov 24, 2022 3:38am
Quoting JayBag
{quote} Contemplating a sneaky SHORT
I am in, I think this might be a historical trade.
I shared a long-term idea a few days ago..
Lemme check for it...
  • #709,123
  • Nov 24, 2022 3:40am Nov 24, 2022 3:40am
Quoting JayBag
GU completed its yearly circle (bearish move) and currently retested the last level yesterday. Just my idea on GU long-term wise.. Maybe not. Perhaps I just like drawing arrows Please throw some input folks Let's have a constructive argument {image}
Could this idea work?
  • #709,124
  • Nov 24, 2022 3:42am Nov 24, 2022 3:42am
Quoting Indiara
{quote} There is no power in this market, and although I'm sure that UJ will go down, I don't want drawdown so I have protected this Sell trade early.
No sooner said that SL eaten!! Ok, Mr Market does not want to play nice with Indiara today. So I think that will be the end of my trading day. I'll wait a little while but I don't think anything good will come. Guitar time instead

Attached Image (click to enlarge)
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I am neither brave nor stupid...I am just a part time trader
  • #709,125
  • Nov 24, 2022 3:47am Nov 24, 2022 3:47am
Quoting JayBag
{quote} Could this idea work?
I think we will see buying until 1.2175

It is an untested VAP supply level from August 12, 2022.

If price should get there, we might find sellers.

Quite interestingly, the level seems to coincide with coreg's 161.8% Fib level in the chart he shared earlier today.
  • #709,126
  • Nov 24, 2022 3:51am Nov 24, 2022 3:51am
Quoting pipcenturion
{quote} I think we will see buying until 1.2175 It is an untested VAP supply level from August 12, 2022. If price should get there, we might find sellers. Quite interestingly, the level seems to coincide with coreg's 161.8% Fib level in the chart he shared earlier today.
I have to agree with you on this.
The main reason I am treating this more like a swing and risking a tiny micro lot as possible

I am trying to play the big picture though
Let's see how they play it bro
  • #709,127
  • Nov 24, 2022 3:54am Nov 24, 2022 3:54am
Quoting pipcenturion
{quote} I think we will see buying until 1.2175 It is an untested VAP supply level from August 12, 2022. If price should get there, we might find sellers. Quite interestingly, the level seems to coincide with coreg's 161.8% Fib level in the chart he shared earlier today.
Your 1.217 area is roughly 100 pips away. I also have another GBP-XXX pair that I am aiming for 150 pips from.
This further supports your idea.

Anyway, enough speculations from me. Let's see
  • #709,128
  • Nov 24, 2022 4:23am Nov 24, 2022 4:23am
What do you think is the right price for a selling position? Or what price do you think is suitable for a buying position?
  • #709,129
  • Nov 24, 2022 4:25am Nov 24, 2022 4:25am
Quoting JayBag
{quote} Could this idea work?
How about now
Attached Image (click to enlarge)
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Lou Vincii Code
  • #709,130
  • Nov 24, 2022 4:58am Nov 24, 2022 4:58am
Done for today 10 winners, 0 losers, 31.4 pips

cheers
Attached Image (click to enlarge)
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Imre mr. Vig on TikTok https://www.tiktok.com/@heyMickeyNYC1
  • #709,131
  • Nov 24, 2022 4:59am Nov 24, 2022 4:59am
Short GBPJPY
Lou Vincii Code
  • #709,132
  • Nov 24, 2022 4:59am Nov 24, 2022 4:59am
resistance still holding. Possible full retracement down to 1.08 or we visit next resistance point at 1.29
Attached Image (click to enlarge)
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  • #709,133
  • Nov 24, 2022 5:08am Nov 24, 2022 5:08am
Raise UJ n GJ!
Peace Yo!
  • #709,134
  • Nov 24, 2022 5:25am Nov 24, 2022 5:25am
Quoting Bryan5229
{quote} Target hit.
GU 30min, Price has created a range with a high at 1.21259 and a low at 1.20597

GU 4hr, Since price breached the 4hr resistance resuming uptrend, from this timeframe I'm only waiting for 30min chart to create trend-failure in order to go long targeting weekly resistance level at 1.22934
Plan your trades and trade your plan.
  • #709,135
  • Nov 24, 2022 5:37am Nov 24, 2022 5:37am
Attached Image (click to enlarge)
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Lou Vincii Code
  • #709,136
  • Nov 24, 2022 5:39am Nov 24, 2022 5:39am
Short orders at 2085 left not what I was expecting but it’s just hit higher on my tl . So it’s going to go full short on a re trace .. or it’s going to chip upwards and break the tl .. so we note the points
  • #709,137
  • Nov 24, 2022 5:52am Nov 24, 2022 5:52am
Quoting ashur123
resistance still holding. Possible full retracement down to 1.08 or we visit next resistance point at 1.29 {image}
Ok.. ok.. next month ya...
Peace Yo!
  • #709,138
  • Nov 24, 2022 5:58am Nov 24, 2022 5:58am
Quoting elbert3
Short orders at 2085 left not what I was expecting but it’s just hit higher on my tl . So it’s going to go full short on a re trace .. or it’s going to chip upwards and break the tl .. so we note the points
Attached Image (click to enlarge)
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as above
  • #709,139
  • Nov 24, 2022 5:58am Nov 24, 2022 5:58am
Let's see if the bulls have the strength to break out of this price zone.
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  • #709,140
  • Nov 24, 2022 5:59am Nov 24, 2022 5:59am
Small catch for today .
Attached Image (click to enlarge)
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Peace Yo!
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