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Cable Update (GBPUSD)

  • #709,321
  • Nov 25, 2022 12:00am Nov 25, 2022 12:00am
the Ide for M30 chart
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https://breakpullback.com
  • #709,322
  • Nov 25, 2022 12:04am Nov 25, 2022 12:04am
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Quoting navk
IF 2130/35 breaks, I expect price to break NY high ( 2155 ) for making lower IMO. And that would be ideal
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Morning going great . It was a great flip
  • #709,323
  • Nov 25, 2022 12:05am Nov 25, 2022 12:05am
Quoting Bella.al
{quote} Current Rate : 1.19080. I have traded 3 Times in this week made = +151 -41 +20 = +130 Pips. -References are below. 1.https://www.forexfactory.com/thread/...9#post14223019 2.https://www.forexfactory.com/thread/...2#post14225852 3. As Above. See you next week hopefully, have a nice day and weekend. -bella.
Current Rate : 1.20937

This week i have traded for 6 times results are as follows : (-24) + (-24) + 21 + 180 + (-24) + (-24) = +105 Pips

Links are below for reference:
(1)https://www.forexfactory.com/thread/...6#post14229086
(2)https://www.forexfactory.com/thread/...2#post14229262
(3)https://www.forexfactory.com/thread/...5#post14230485
(4)https://www.forexfactory.com/thread/...6#post14231446
(5)https://www.forexfactory.com/thread/...4#post14233414
(6)https://www.forexfactory.com/thread/...2#post14233932


See you all next week hopefully , have a nice day and weekend.

-Bella.
Goddess of Thunder..
  • #709,324
  • Nov 25, 2022 12:07am Nov 25, 2022 12:07am
t 08-04 uk.
Cable, 07-45 to 08-00 candle break. Low broke for %%% yaaaaaaaaaaaaaaaaay.
Now i wait for my last trade of the week the 08-00 to 08-15 15 minute candle break.
I was actually hoping for the 07-45 candle to close above the 00-00 to 04-00 candle range low of 12096 and then drop. lol.

my bias is now short.
trade well all.
t 08-06
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #709,325
  • Nov 25, 2022 12:09am Nov 25, 2022 12:09am
My view with the chart
meat ball candles with wick sticks
GU finally gets back to the 1.2 mothership base.
Feel sentimental for GBP. Burst into tears...
It's obviously well-setup , strong will and under controlled overall.
It stays above 1.2 for longer time than I expect.
After taken much loss this week ,I change my way, hedge seems to be the better strategy.
I both long and short, and set price alerts to see if can unlock and TP.
I feel cannot expect either direction. so better don't leave open positions for long term.

Good luck to everyone, have green pips nice trades
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  • #709,326
  • Nov 25, 2022 12:11am Nov 25, 2022 12:11am
Quoting elbert3
{image}{quote} {image}Morning going great . It was a great flip
Yes, I expect minimum 2050.

NY being holiday, I doubt if 2150 will again be tested.
Intraday only.
  • #709,327
  • Nov 25, 2022 12:13am Nov 25, 2022 12:13am
Hello friends

I'm late today, but Mr Market looks very messy so I didn't miss anything. Last chance for this week, but I have made a little profit this week, so that's good. I must not lose it now!!
I am neither brave nor stupid...I am just a part time trader
  • #709,328
  • Nov 25, 2022 12:19am Nov 25, 2022 12:19am
t 08-17
Cable, the 08-00 to 08-15 candle break.
High broke for %. i closed the trade as fast as i could ....i always prefer to short.
I am finished now until next wek.
Tarde well all.
t 08-19
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #709,329
  • Nov 25, 2022 12:20am Nov 25, 2022 12:20am
Quoting Indiara
Hello friends I'm late today, but Mr Market looks very messy so I didn't miss anything. Last chance for this week, but I have made a little profit this week, so that's good. I must not lose it now!!
Messy ???
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #709,330
  • Nov 25, 2022 12:20am Nov 25, 2022 12:20am
seems like the market is lost since i left him
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yes yes yes
  • #709,331
  • Nov 25, 2022 12:22am Nov 25, 2022 12:22am
At this time the price has not defined which direction to take, bullish or bearish. We have to wait until 10:00 a.m. for the major institutions to have taken a direction to try to follow them.
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  • #709,332
  • Nov 25, 2022 12:27am Nov 25, 2022 12:27am
Quoting billytt
{quote} Messy ???
Yes, it's in a 40 pip range today so there is nothing that I can trade. It's ok though...I can wait
I am neither brave nor stupid...I am just a part time trader
  • #709,333
  • Nov 25, 2022 12:28am Nov 25, 2022 12:28am
Short tp 1.20800
  • #709,334
  • Nov 25, 2022 12:31am Nov 25, 2022 12:31am
Quoting Moty
seems like the market is lost since i left him {image}
Usually this is how the market work before retracements.
It will make sellers miserable with quick small spikes and let the sellers take small profit and than it will fall..
when the late sellers will join the price will fly to the sky.
this is how IT will always keep the equilibrium on theirs side

when everyone telling you to trade larger TF this is only help to be on a bigger part of the equilibrium and you can bite larger amount of pips before they eat you.
  • #709,335
  • Nov 25, 2022 12:32am Nov 25, 2022 12:32am
Quoting Indiara
{quote} Yes, it's in a 40 pip range today so there is nothing that I can trade. It's ok though...I can wait
Is that not a clue. only 42 range so far. so you should get at least another 50/60 if you get the trigger.
I am out of it now until monday.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #709,336
  • Nov 25, 2022 12:35am Nov 25, 2022 12:35am
It is important to remember that today is a semi-holiday in the USA, it closes at 1 o'clock and it is noticeable that the big traders are not investing today.
  • #709,337
  • Nov 25, 2022 12:38am Nov 25, 2022 12:38am
Quoting billytt
{quote} Is that not a clue. only 42 range so far. so you should get at least another 50/60 if you get the trigger. I am out of it now until monday. Trade well.
Yes it is. It's just a matter of timing it right. Now is not the time to enter, but it IS time for coffee
I am neither brave nor stupid...I am just a part time trader
  • #709,338
  • Nov 25, 2022 12:40am Nov 25, 2022 12:40am
Quoting jmss59
It is important to remember that today is a semi-holiday in the USA, it closes at 1 o'clock and it is noticeable that the big traders are not investing today.
Who are the big boys? Do they trade manually by sitting infront of the PC?
  • #709,339
  • Nov 25, 2022 12:44am Nov 25, 2022 12:44am
Quoting Indiara
{quote} Yes it is. It's just a matter of timing it right. Now is not the time to enter, but it IS time for coffee
t 08-40 uk
Cable, our 04-00 to 08-00 4 hour candle was an outside candle.... The low of this candle has been broken at 12091, and price then moved up.
Should price break the high of the outside candle at 12127, we will then have a good probability of price continuing to go long.
This isnt a guarantee, but we can then play with theDaily Range.
trade well
i'll pop a chart in soon.
t 08-44
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #709,340
  • Nov 25, 2022 12:48am Nov 25, 2022 12:48am
Bill Ackman reveals short position against Hong Kong dollar

https://www.ft.com/content/7473ad0c-...1-a52cfe99e2ae

The high-profile bet against the Hong Kong dollar puts Ackman in the company of prominent western fund managers — including George Soros and Kyle Bass — who have challenged the peg,

Same thing going to happen before EUR/CHF floor...Reminds of the Swiss/Euro peg that everyone thought was unbreakable.
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