Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#710,261
Nov 30, 2022 5:51am Nov 30, 2022 5:51am

mrluckystar
Joined May 2011 | Status: Balance sh*t | 2,062 Posts

Quoting Pat Chiko

Disliked

{quote} GU Reminder that today is a jam-packed economical indicators day in US. ADP, q/q GDP, JOLTS Job Openings and later today FED Chair Powell Speaks. Like this was not enough, we might get some extra volatility because the month ends today. Let the price come to you! {image}

Ignored

Ok got it ..

H1 found weakness in bears.
That why it can't break Monday low.

Now remove my pegging by keeping long!

Bear need to break Monday low to survive.

Peace Yo!

#710,262
Nov 30, 2022 5:56am Nov 30, 2022 5:56am

Bella.al
| Membership Revoked | Joined Oct 2022 | 12,229 Posts

Current Rate : 1.20047

waiting for new Signal from Bella's Blue v1.4

waiting patiently.

-Bella's Blue

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Goddess of Thunder..

#710,263
Nov 30, 2022 6:02am Nov 30, 2022 6:02am

Fawad12
| Joined Oct 2022 | Status: Trader | 21 Posts

Hi Guys

I am new on this forum read usually but post very rare. As per VSA (volume spread analysis) price should drop harder now. lets see how it goes

#710,264
Nov 30, 2022 6:03am Nov 30, 2022 6:03am

Houtbay
Joined Nov 2020 | Status: Trader | 4,573 Posts

Gbpjpy short tp 1.66350. Long at tp

#710,265
Nov 30, 2022 6:21am Nov 30, 2022 6:21am

Indiara
Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts

I think it's sleepy time now. I have hiding in the long grass all afternoon/evening and have not seen anything that I wanted to pounce on. So no pips for Indiara, but no pips lost either. It's been good to be here though, you all make me smile

I hope NY gives up some pips for you, and I will see if I can catch something tomorrow

Indiara

I am neither brave nor stupid...I am just a part time trader

#710,266
Nov 30, 2022 6:23am Nov 30, 2022 6:23am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting Pat Chiko

Disliked

{quote} GU Reminder that today is a jam-packed economical indicators day in US. ADP, q/q GDP, JOLTS Job Openings and later today FED Chair Powell Speaks. Like this was not enough, we might get some extra volatility because the month ends today. Let the price come to you! {image}

Ignored

It's not just about letting the price come to you, you have to watch the price movement. With price moving 10 and 20 points per candle in the 1 min, you are in it for a longer period of time especially with spreads ranging from 12-18!

#710,267
Nov 30, 2022 6:24am Nov 30, 2022 6:24am

mrluckystar
Joined May 2011 | Status: Balance sh*t | 2,062 Posts

Quoting mrluckystar

Disliked

{quote} Ok got it .. H1 found weakness in bears. That why it can't break Monday low. Now remove my pegging by keeping long! Bear need to break Monday low to survive.

Ignored

Will try short @1.2140 and @1.2230 with tight stop.

Peace Yo!

#710,268
Nov 30, 2022 6:25am Nov 30, 2022 6:25am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Houtbay

Disliked

Gbpjpy short tp 1.66350. Long at tp

Ignored

depending how long it takes slightly lower but yes good prediction in my opinion.

POSTMASTER

#710,269
Nov 30, 2022 6:31am Nov 30, 2022 6:31am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Robinhood1

Disliked

{quote} depending how long it takes slightly lower but yes good prediction in my opinion.

Ignored

If the 1h candle dropped straight 165.17. 165.35 within 8 hours

POSTMASTER

#710,270
Nov 30, 2022 6:47am Nov 30, 2022 6:47am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Houtbay

Disliked

Gbpjpy short tp 1.66350. Long at tp

Ignored

sorry i was thinking 165 not 166. In any case, as very short term it could be but eventualy will go lower to meet trendline.

POSTMASTER

#710,271
Nov 30, 2022 7:11am Nov 30, 2022 7:11am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

i am not letting go
you can spike it up like in the last time mf

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yes yes yes

#710,272
Nov 30, 2022 7:18am Nov 30, 2022 7:18am

boodvah
Joined Jan 2021 | Status: PROLIFIC | 691 Posts

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be a thinker before being a reacter

#710,273
Nov 30, 2022 7:20am Nov 30, 2022 7:20am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Non-farm payroll drops, this becomes a data-point suggesting that the Fed need not be so aggressive on rate increases, reduces the value of the USDX, so GBPUSD should go up. It spikes up and then drops back into the trading range. It almost makes sense.

#710,274
Nov 30, 2022 7:22am Nov 30, 2022 7:22am

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting dantpm

Disliked

{quote} It's not just about letting the price come to you, you have to watch the price movement. With price moving 10 and 20 points per candle in the 1 min, you are in it for a longer period of time especially with spreads ranging from 12-18!

Ignored

Letting the price come to you

Concept of waiting for right timing.
The simplified version using S&R only.
Any more simpler, is impossible to explain.

I don't know how to use anything below M30.
I've small spread ( negotiate with your broker for good rates)

Here's the visual of "letting the price come to you"

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I come from the future.

Karen X Mas Bonus 2025 All Time Profit: $15,104

#710,275
Nov 30, 2022 7:38am Nov 30, 2022 7:38am

kuroro001
Joined Jul 2007 | Status: Trader | 17,796 Posts

CORE PCE increasing, GDP too

Powell really needs to drop a bomb today, else inflation 10%+ next year...

COT: The precious data ignored

#710,276
Nov 30, 2022 7:41am Nov 30, 2022 7:41am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Range bound. Just waiting for Powell to speak is my guess.

#710,277
Nov 30, 2022 7:43am Nov 30, 2022 7:43am

Yngwie
Joined Aug 2008 | Status: Trader | 3,976 Posts

Later JOLTS Job Openings result always make a big moves

Live trade ~ GBPUSD only. No chart! Follow at your own risk!

#710,278
Nov 30, 2022 7:44am Nov 30, 2022 7:44am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting kuroro001

Disliked

CORE PCE increasing, GDP too Powell really needs to drop a bomb today, else inflation 10%+ next year...

Ignored

Respectfully I beg to differ. The rate increases that you have seen this year 'probably' (since everyone is afraid of the FED) don't get repeated next year so when this years prices are compared to prices next year, magically inflation is gone.

#710,279
Nov 30, 2022 7:49am Nov 30, 2022 7:49am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting Yngwie

Disliked

Later JOLTS Job Openings result always make a big moves

Ignored

They are looking at October data, there shouldn't be too big of a difference. Expect bigger differences with November data as companies start to get ready for the Xmas season!

#710,280
Nov 30, 2022 7:50am Nov 30, 2022 7:50am