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Cable Update (GBPUSD)

  • #709,201
  • Nov 24, 2022 10:23am Nov 24, 2022 10:23am
[quote=wasay;14233713]
Quoting navk
{quote} Mike testing...1..2...3 like that. lol[/qu mike testing 1 2 3 4 5 4 3 2 1
yes look at the pounds price lol sorry
  • #709,202
  • Nov 24, 2022 10:25am Nov 24, 2022 10:25am
Quoting navk
{quote} Mike testing...1..2...3 like that. lol
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lol sorry Navk I was being cryptic
  • #709,203
  • Nov 24, 2022 10:26am Nov 24, 2022 10:26am
Quoting elbert3
{quote} {image}lol sorry Navk I was being cryptic
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entry short flip
  • #709,204
  • Nov 24, 2022 10:29am Nov 24, 2022 10:29am
Quoting elbert3
{quote} {image}entry short flip
I too got short set up.

This must turn out to be good short term set up... say 100 pips.

Resistance 2155.
Intraday only.
  • #709,205
  • Nov 24, 2022 10:30am Nov 24, 2022 10:30am
Quoting navk
{quote} I too got short set up. This must turn out to be good short term set up... say 100 pips. Resistance 2155.
see if it confirms breakout to the high of the line or its fake
  • #709,206
  • Nov 24, 2022 10:33am Nov 24, 2022 10:33am
Quoting elbert3
{quote} see if it confirms breakout to the high of the line or its fake
In line with my system, I will book my profits before NY close.

Then I will look to short in Asia... the 1/5 min spikes.
Intraday only.
  • #709,207
  • Nov 24, 2022 11:02am Nov 24, 2022 11:02am
Gbpjpy short tp 167.350. Long at tp
  • #709,208
  • Nov 24, 2022 11:03am Nov 24, 2022 11:03am
It is boring.

No liquidity in the market.

Closed all short trades.

Now will see in Asia.
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Intraday only.
  • #709,209
  • Nov 24, 2022 11:05am Nov 24, 2022 11:05am
Quoting navk
{quote} In line with my system, I will book my profits before NY close. Then I will look to short in Asia... the 1/5 min spikes.
Attached Image (click to enlarge)
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we will see if it carry’s on the pattern or breaks the trend
  • #709,210
  • Nov 24, 2022 11:16am Nov 24, 2022 11:16am
Quoting elbert3
{quote} {image}we will see if it carry’s on the pattern or breaks the trend
Yes.
That is the area I am looking to short in asia
Intraday only.
  • #709,211
  • Nov 24, 2022 11:23am Nov 24, 2022 11:23am
trying long cadjpy 103.80
POSTMASTER
  • #709,212
  • Nov 24, 2022 11:24am Nov 24, 2022 11:24am
Closed my gbpjpy short. Have gone long
  • #709,213
  • Nov 24, 2022 11:29am Nov 24, 2022 11:29am
Quoting navk
{quote} Yes. That is the area I am looking to short in asia
Good luck
  • #709,214
  • Nov 24, 2022 11:36am Nov 24, 2022 11:36am
Quoting navk
{quote} Yes. That is the area I am looking to short in asia
As I promised, I shorted that 1 minute spike..
Result ?

Some 200 + bucks.
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Intraday only.
  • #709,215
  • Nov 24, 2022 11:37am Nov 24, 2022 11:37am
And this is enuff.

3 % + 3 % today.
Intraday only.
  • #709,216
  • Nov 24, 2022 11:48am Nov 24, 2022 11:48am
I expect gbpjpy to fly above 168.30
POSTMASTER
  • #709,217
  • Nov 24, 2022 11:52am Nov 24, 2022 11:52am
Quoting Robinhood1
I expect gbpjpy to fly above 168.30
Jake to the Algo
POSTMASTER
  • #709,218
  • Nov 24, 2022 12:08pm Nov 24, 2022 12:08pm
Quoting Jolita
{quote} Beautiful voice...
Hope you like this one
Inserted Video
POSTMASTER
  • #709,219
  • Nov 24, 2022 12:37pm Nov 24, 2022 12:37pm
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so now let’s see tp . And go long which by the pattern should go to 2200 area …. Or let it run see if it breaks the tl
  • #709,220
  • Nov 24, 2022 12:47pm Nov 24, 2022 12:47pm
Hi guys,

New trader here. I appreciate this forum is more trading than speculating but I wanted to ask you guys as you're forex experts.

Do you think the USD is now on a long-term downtrend?

I need to transfer a large amount of USD to GBP, between now and mid-2024, and wondering if I should start doing it now or wait for a potential rebound next year.

Thanks in advance!
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