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Cable Update (GBPUSD)

  • #709,701
  • Nov 28, 2022 8:23am Nov 28, 2022 8:23am
Near
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!! Radha Radha !!
  • #709,702
  • Nov 28, 2022 8:24am Nov 28, 2022 8:24am
Quoting Yngwie
long 1.2063 SL 1.2040 TP 1.2170
Hit SL. Hate when sudden drop like this
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #709,703
  • Nov 28, 2022 8:26am Nov 28, 2022 8:26am
price tested 1.21 again, failed to break through. Looks to be heading to previous support 1.16
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  • #709,704
  • Nov 28, 2022 8:32am Nov 28, 2022 8:32am
My view
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!! Radha Radha !!
  • #709,705
  • Nov 28, 2022 8:32am Nov 28, 2022 8:32am
Quoting PatienceFx
{image}
How can it be so easy
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  • #709,706
  • Nov 28, 2022 8:33am Nov 28, 2022 8:33am
Quoting Yngwie
{quote} Hit SL. Hate when sudden drop like this
Sorry mate.
Try to hunt for another buy idea..
It just might sppike
  • #709,707
  • Nov 28, 2022 8:37am Nov 28, 2022 8:37am
and gbp

still some space to go down (to cca 1.2025)
let's see if we can get there
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Trendlines H1,H4, SMC
  • #709,708
  • Nov 28, 2022 8:47am Nov 28, 2022 8:47am
Quoting Yngwie
{quote} Hit SL. Hate when sudden drop like this
Sorry that you lost but you know that this had to be expected all along, i. e. it was likely to happen when you entered long:
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  • #709,709
  • Nov 28, 2022 8:48am Nov 28, 2022 8:48am
Quoting JayBag
{quote} Sorry mate. Try to hunt for another buy idea.. It just might sppike
That suggests that the MM's will take GU/EU up or down. My guess would be down as many are talking about the needing to get the indicators onside with the USDX.
  • #709,710
  • Nov 28, 2022 8:53am Nov 28, 2022 8:53am
Quoting dantpm
{quote} That suggests that the MM's will take GU/EU up or down. My guess would be down as many are talking about the needing to get the indicators onside with the USDX.
using tiny lots to scalp
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  • #709,711
  • Nov 28, 2022 9:10am Nov 28, 2022 9:10am
Quoting dantpm
{quote} That suggests that the MM's will take GU/EU up or down. My guess would be down as many are talking about the needing to get the indicators onside with the USDX.
Uhm, perhaps. But I would only hunt for buy trades on GU at this moment.
I just don't have any clear signal on it. Bias is LONG.

I think once that is confirmed, Spike Lee will be crazy with it

Let's see
  • #709,712
  • Nov 28, 2022 9:40am Nov 28, 2022 9:40am
Quoting PatienceFx
{quote} using tiny lots to scalp {image}
Booked
  • #709,713
  • Nov 28, 2022 9:42am Nov 28, 2022 9:42am
a bullish dollar close would be such an ugly trap for bears
COT: The precious data ignored
  • #709,714
  • Nov 28, 2022 9:55am Nov 28, 2022 9:55am
every thing is going down
  • #709,715
  • Nov 28, 2022 9:56am Nov 28, 2022 9:56am
Quoting kuroro001
a bullish dollar close would be such an ugly trap for bears
Explain
  • #709,716
  • Nov 28, 2022 10:01am Nov 28, 2022 10:01am
For now there's a little bit falling for pound. But indeed bullish movement is still. I do not see the prerequisites for the fact that in the near future there will be a fall.
  • #709,717
  • Nov 28, 2022 10:01am Nov 28, 2022 10:01am
cheeky long here at market price (1.203913)
Spike LeE, take it away
  • #709,718
  • Nov 28, 2022 10:02am Nov 28, 2022 10:02am
Quoting Wavegarrick
{quote} We are just 18 pips or so off 1.21500, so should definitely be achieved. My 50% Fib retrace at 1.23048 of the 2 year high to low a nice short term target. A weekly close above 1.20000 good news for Bulls, Trade safe. {image}
Hi Folks,
My weekly pivot at 1.20054 (yellow highlight - daily chart) coming up with lots of support at 1.956 if there is an overshoot. I will look to add buy trades from here.
Have a great week,
Cheers.
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Trade to trade another day
  • #709,719
  • Nov 28, 2022 10:03am Nov 28, 2022 10:03am
Quoting Whale
{quote} Explain
I mean daily bullish close

Or daily bearish EURUSD. Daily range went 150+....if price close negative it would be such a great trap for buyers looking for 1.05+ today


+ VIX getting ready to stage a year end risk off...watch out here
COT: The precious data ignored
  • #709,720
  • Nov 28, 2022 10:05am Nov 28, 2022 10:05am
Currently long will go short at 1.20500
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