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Cable Update (GBPUSD)

  • #709,981
  • Nov 29, 2022 9:20am Nov 29, 2022 9:20am
Will add to short at 12025 if it gets there
Insane in the Brain..
  • #709,982
  • Nov 29, 2022 9:22am Nov 29, 2022 9:22am
Quoting Houtbay
Closed my shorts
Very hard for me at least to read where this is going!
  • #709,983
  • Nov 29, 2022 9:23am Nov 29, 2022 9:23am
Quoting Yngwie
Potential if pass 1.1939 {image}
Nope. Good news for GBP
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #709,984
  • Nov 29, 2022 9:28am Nov 29, 2022 9:28am
it was cool trade today.. close to R
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Trendlines H1,H4, SMC
  • #709,985
  • Nov 29, 2022 9:28am Nov 29, 2022 9:28am
Quoting Pat Chiko
{quote} However, it remains to see how it will react later as the US is to release the CB Consumer Confidence. A High-impact indicator and is expected to drop from 102.5 to forecast 100.0 points in November. Below 100, USD will be fcuked. The broken ascending trendline and the minor descending trendline represent dynamic resistance levels. As long as it stays under these levels, the price could drop again. If price goes below 1.1940, activates a larger drop. A valid breakout above 1.2117, invalidates the downside scenario and validates further...
GU

High Impact Data
US CB Consumer Confidence Nov: 100.2 (est 100.0; prev 102.5)
- Present Situation: 137.4 (prev 138.9)
- Expectations: 75.4 (prev 78.1)

Partial TP.
Today is great day for scalper.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #709,986
  • Nov 29, 2022 9:30am Nov 29, 2022 9:30am
Quoting dantpm
{quote} Very hard for me at least to read where this is going!
Let the last news guide to the next event JOLTS

Then carry on to the next on Thurs & Friday.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #709,987
  • Nov 29, 2022 9:32am Nov 29, 2022 9:32am
Quoting dantpm
{quote} Very hard for me at least to read where this is going!
Once i beat gbpjpy and Btc long congestion will Vanish. It afects pound
POSTMASTER
  • #709,988
  • Nov 29, 2022 9:32am Nov 29, 2022 9:32am
Quoting Yngwie
{quote} Nope. Good news for GBP
But isn’t the data good for US as it beat expectations?
Insane in the Brain..
  • #709,989
  • Nov 29, 2022 9:33am Nov 29, 2022 9:33am
Quoting Robinhood1
{quote} Once i beat gbpjpy and Btc long congestion will Vanish. It afects pound
Gbpjpy will be closed at 167.50
POSTMASTER
  • #709,990
  • Nov 29, 2022 9:43am Nov 29, 2022 9:43am
not easy PA to trade today

so i will wait for this scenario.
break the TL retest and fly 100p ?
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  • #709,991
  • Nov 29, 2022 9:44am Nov 29, 2022 9:44am
Ranging PA

Waiting for Powell speech...
COT: The precious data ignored
  • #709,992
  • Nov 29, 2022 9:44am Nov 29, 2022 9:44am
Earlier, stops got hit in my long trDES.

So lost some in one of my account.

No regrets.

This happens at times.

The PA is choppy.

So no more trading for today.

If the PA finds some extremes, then I will decide what to do.
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Intraday only.
  • #709,993
  • Nov 29, 2022 9:47am Nov 29, 2022 9:47am
Quoting kuroro001
Ranging PA Waiting for Powell speech...
yap, its common when Asia play wide range.
  • #709,994
  • Nov 29, 2022 9:48am Nov 29, 2022 9:48am
Powell speech tomorrow should be interesting let’s see if it can liven things up
Insane in the Brain..
  • #709,995
  • Nov 29, 2022 9:48am Nov 29, 2022 9:48am
Quoting BeeTogether
{quote} But isn’t the data good for US as it beat expectations?
Headline , YES, but have to look in details data.

My earlier post. See highlighted
Quoting Pat Chiko
{quote} GU High Impact Data US CB Consumer Confidence Nov: 100.2 (est 100.0; prev 102.5) - Present Situation: 137.4 (prev 138.9) - Expectations: 75.4 (prev 78.1) Partial TP. Today is great day for scalper.{image}
and this article may help a bit

https://www.prnewswire.com/news-rele...301688989.html
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #709,996
  • Nov 29, 2022 9:49am Nov 29, 2022 9:49am
@moty, how are you?

the thread is missing you.
  • #709,997
  • Nov 29, 2022 9:58am Nov 29, 2022 9:58am
fresh long
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  • #709,998
  • Nov 29, 2022 9:59am Nov 29, 2022 9:59am
My feeling is that we are testing support in preparation for a new uptrend.
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If the last thrust down was a false breakout then next we may see a genuine breakout above the range.
No idea at this point in truth, just watching to see what happens but not trading until a break and retest of the range in either direction.
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  • #709,999
  • Nov 29, 2022 10:01am Nov 29, 2022 10:01am
Quoting Wavegarrick
{quote} So far so good. UsdJpy sell trades locked in and price must do what it has to. Cheers. {image}
Usdjpy still towing the line. Similar to Usdx, in a downward trajectory and I see 132.4870 as a short term possibility.
Trade well,
Cheers.
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Trade to trade another day
  • #710,000
  • Nov 29, 2022 10:01am Nov 29, 2022 10:01am
why are people longing this.....
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