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Cable Update (GBPUSD)

  • #709,921
  • Nov 29, 2022 5:35am Nov 29, 2022 5:35am
I sometimes get conflicted, so correlations aren't correlating lately.
Hyperthecally speaking, if EG is setting up for a bullish run, does that mean GU dumps?

'It's not to make sure'
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  • #709,922
  • Nov 29, 2022 5:48am Nov 29, 2022 5:48am
Quoting JayBag
I sometimes get conflicted, so correlations aren't correlating lately. Hyperthecally speaking, if EG is setting up for a bullish run, does that mean GU dumps? 'It's not to make sure' {image}
if GU goes down it means EG up or viceversa?… which one is first to indicate the other one direction?…
  • #709,923
  • Nov 29, 2022 6:02am Nov 29, 2022 6:02am
1980 is the support for long.

Keep that in mind.

This is for today.

This is london session low too
Intraday only.
  • #709,924
  • Nov 29, 2022 6:07am Nov 29, 2022 6:07am
Nothing more to come for me in this session, so I will go to the shower and then to my bed. For you NY traders, good luck, have fun and make some pips

I'm not sure if I will be here tomorrow, I will try

Indiara
I am neither brave nor stupid...I am just a part time trader
  • #709,925
  • Nov 29, 2022 6:08am Nov 29, 2022 6:08am
Quoting Fishbones
{quote} if GU goes down it means EG up or viceversa?… which one is first to indicate the other one direction?…
Oh, dear! this got me even more confused than ever

So, do you think EG is implying that already? I am clueless, so I thrive on speculation.
  • #709,926
  • Nov 29, 2022 6:09am Nov 29, 2022 6:09am
Currently short gbpusd
  • #709,927
  • Nov 29, 2022 6:11am Nov 29, 2022 6:11am
Quoting Bella.al
{quote} Current Rate : 1.20020 Everything seems to be fine , my trailing at 1.20359 is holding and at this rate i expect "Bella's Price Objective 1 : 1.19552 " to be taken out soon. -Bella's Blue {image}
Current Rate : 1.20144

I am +34 Pips as i write this, still keeping my Trailing at 1.20359 . Testing the Market with original plan to provide market 4-8 Hours to breath. Looking for 'Objective 1 1.19552' to be taken out by price.

-Bella's Blue
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Goddess of Thunder..
  • #709,928
  • Nov 29, 2022 6:32am Nov 29, 2022 6:32am
Quoting Houtbay
Short Gbpusd tp 1.19600 and then long
The drop is coming
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yes yes yes
  • #709,929
  • Edited 6:48am Nov 29, 2022 6:37am | Edited 6:48am
Quoting ToSatisfy
{quote} Its surely turning Up After the 4Hr Close In 2 Hrs Will be on Buy fully with a Nice Hard TP
I Confirm my Bearish Bias for Gbpusd

And I am anticipating drop

After 4Hrs and some analysis maintaining sell is good to go forward

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Timeframe H4
Shekh In Desert
  • #709,930
  • Nov 29, 2022 6:38am Nov 29, 2022 6:38am
Quoting Moty
{quote} The drop is coming {image}
Inserted Video
  • #709,931
  • Nov 29, 2022 6:38am Nov 29, 2022 6:38am
Quoting Moty
{quote} The drop is coming {image}
First challenge is break 1980 support.
  • #709,932
  • Nov 29, 2022 6:39am Nov 29, 2022 6:39am
Quoting JayBag
{quote} Oh, dear! this got me even more confused than ever So, do you think EG is implying that already? I am clueless, so I thrive on speculation.
i guess they move in the same time
best answer i can think off
  • #709,933
  • Nov 29, 2022 6:40am Nov 29, 2022 6:40am
Nice big M or possible H&S on several charts (15 min?)
  • #709,934
  • Nov 29, 2022 6:41am Nov 29, 2022 6:41am
It's a difficult place, but tonight is enough!
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  • #709,935
  • Nov 29, 2022 6:41am Nov 29, 2022 6:41am
game over
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yes yes yes
  • #709,936
  • Nov 29, 2022 6:41am Nov 29, 2022 6:41am
end of the month action has started - avoid getting caught on the wrong side

NFP on Dec 2 will cause volatility
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  • #709,937
  • Nov 29, 2022 6:43am Nov 29, 2022 6:43am
Quoting JayBag
I sometimes get conflicted, so correlations aren't correlating lately. Hyperthecally speaking, if EG is setting up for a bullish run, does that mean GU dumps? 'It's not to make sure' {image}
If EG runs up and EU runs down, then it is HIGHLY likely that GU dumps. But if EU goes up when EG goes up, then GU can go either way.
To free Gazans of Hamas, use whatever it takes.
  • #709,938
  • Nov 29, 2022 6:43am Nov 29, 2022 6:43am
Quoting Moty
game over {image}
Haha Nice Chart with markings
Shekh In Desert
  • #709,939
  • Nov 29, 2022 6:46am Nov 29, 2022 6:46am
Quoting Fishbones
{quote} if GU goes down it means EG up or viceversa?… which one is first to indicate the other one direction?… 
It's not that simple of a relationship. Add EU and check the 3 together.
To free Gazans of Hamas, use whatever it takes.
  • #709,940
  • Nov 29, 2022 6:50am Nov 29, 2022 6:50am
Quoting ToSatisfy
{quote} I Confirm my Bearish Bias for Gbpusd And I am anticipating drop After 4Hrs and some analysis maintaining sell is good to go forward {image} Timeframe H4

And I am Expecting a Huge Drop on EJ

Well that would mean EU down and JPY down too

Interesting Days ahead
Shekh In Desert
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