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Cable Update (GBPUSD)

  • #709,721
  • Nov 28, 2022 8:07am Nov 28, 2022 8:07am
Short Cable
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!! Radha Radha !!
  • #709,722
  • Nov 28, 2022 8:14am Nov 28, 2022 8:14am
Quoting bilal1947
Anticipating a down weekly Dummy candle towards 1.1825 {image}
Weekly dummy candle in the formation:
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"Exchange of hands"
  • #709,723
  • Nov 28, 2022 8:22am Nov 28, 2022 8:22am
Quoting DubaiFX
{quote} look at USDX and you will see the Sentiment is not Down t may very well test 1.2005 soon. just my 2 Cents. Cheers mate
as i said Pound was looking at 1.2005 bt i closed at 1.2030 and will see tomorrow how it goes
good night Guys 60 pips was enough for me..
Don't compare your Trades with Others
  • #709,724
  • Nov 28, 2022 8:22am Nov 28, 2022 8:22am
Gold long at 1742
  • #709,725
  • Nov 28, 2022 8:23am Nov 28, 2022 8:23am
Quoting bilal1947
{quote} Weekly dummy candle in the formation: {image}
11825 would be quite a feat for GU to drop to. Let’s see as never say never. And tell you truth a drop to that level would make a great area to go full on long with
Insane in the Brain..
  • #709,726
  • Nov 28, 2022 8:26am Nov 28, 2022 8:26am
cable has crossed the daily pivot range, so be careful with shorts now

i completed my 14% for today
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  • #709,727
  • Nov 28, 2022 8:29am Nov 28, 2022 8:29am
let us see if price bounces at this support
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  • #709,728
  • Edited 8:49am Nov 28, 2022 8:38am | Edited 8:49am
Quoting ICouldBWrong
Dxy currently testing last months lows and getting a little bounce. Let's see if it holds. This area also corresponds to 200 MA on daily and potential previous resistance turned support. Super important area right here. {image} {image} {image}
Yep yep true dat. Everything that guy just said. Nice little bull rally for the dollar. Now if we can get above the recent swing high printed early in the trading session, dxy might be looking pretty bullish with a potential double bottom. Stumble here and we might be looking at some range trading for a bit.

Interesting side note, U/J also showing a similar pattern to the dollar with potentially forming a double bottom along long term trendline area. Although, I wouldn't be surprised to see the correlation between dxy and u/j become decoupled at some point, or at least less strongly correlated.
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  • #709,729
  • Nov 28, 2022 8:38am Nov 28, 2022 8:38am
Quoting PatienceFx
let us see if price bounces at this support {image}
it will be a minor bounce i think
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  • #709,730
  • Nov 28, 2022 8:42am Nov 28, 2022 8:42am
Quoting PatienceFx
{quote} it will be a minor bounce i think {image}
trailing sl in place
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  • #709,731
  • Nov 28, 2022 8:48am Nov 28, 2022 8:48am
Quoting PatienceFx
{quote} it will be a minor bounce i think {image}
Could be the usual change of direction when london closes
Insane in the Brain..
  • #709,732
  • Nov 28, 2022 8:52am Nov 28, 2022 8:52am
Quoting BeeTogether
{quote} Could be the usual change of direction when london closes
clear macd divergence, yet i got that tiny bounce
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  • #709,733
  • Edited 9:46am Nov 28, 2022 9:01am | Edited 9:46am
Closing some dollar long pairs for now. Dxy looking like it might be ready to take a break. Will look to potentially re-enter if dxy can either get back above recent swing high area, consolidates and then starts moving back up, or goes back to re-test bottom area.
  • #709,734
  • Nov 28, 2022 9:03am Nov 28, 2022 9:03am
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Trendlines H1,H4, SMC
  • #709,735
  • Nov 28, 2022 9:34am Nov 28, 2022 9:34am
looking to buy the gu but no signal yet !!!!
  • #709,736
  • Nov 28, 2022 9:49am Nov 28, 2022 9:49am
see if we get to the 119 dot 4 zone
  • #709,737
  • Nov 28, 2022 9:53am Nov 28, 2022 9:53am
Good Night
See you tomorrow
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!! Radha Radha !!
  • #709,738
  • Edited 10:28am Nov 28, 2022 10:04am | Edited 10:28am
firstbuy at daily 1.2000 wpivot no stop

Cam Levels
GBPUSD
Brk Out Long 1.21277
Short 1.21094
HL2 1.21033
HL1 1.20972
LL1 1.20850
LL2 1.20789
Long1 1.20728
Brk Out Short 1.20545
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  • #709,739
  • Nov 28, 2022 10:06am Nov 28, 2022 10:06am
tomorrow i will be back !!!!
a day early
with a new strategy and hopefully with some insights
let's see if i can do some damage
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yes yes yes
  • #709,740
  • Nov 28, 2022 10:07am Nov 28, 2022 10:07am
1.1957 is irresistible
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