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Cable Update (GBPUSD)

  • #711,621
  • Dec 6, 2022 3:20am Dec 6, 2022 3:20am
Triple top in GJ
  • #711,622
  • Dec 6, 2022 3:23am Dec 6, 2022 3:23am
The pattern that the market is presenting now will cause Nystagmus.
Success = Practice + Patience + Persistence
  • #711,623
  • Dec 6, 2022 3:23am Dec 6, 2022 3:23am
Quoting mrluckystar
{quote} Im in with SL 1.3650 Sorry I use your picture . {image}
Thatīs fine. GL to both of us
POSTMASTER
  • #711,624
  • Dec 6, 2022 3:25am Dec 6, 2022 3:25am
Quoting ToSatisfy
{quote} HAHA You could be very right
GBPUSD H4 is still in bull bias. All of this recent bearish activity is simply creating the PULLBACK in the uptrend of the H4/H8.

As I have said many times, trend/bias is time frame dependent.
To free Gazans of Hamas, use whatever it takes.
  • #711,625
  • Dec 6, 2022 3:27am Dec 6, 2022 3:27am
Quoting Robinhood1
{quote} Just doble checked around 200 pips
sorry, what is UC?
  • #711,626
  • Dec 6, 2022 3:28am Dec 6, 2022 3:28am
Quoting maxi444
{quote} sorry, what is UC?
Usdcad
Peace Yo!
  • #711,627
  • Dec 6, 2022 3:28am Dec 6, 2022 3:28am
the Establishment augment education drs re:venue
  • #711,628
  • Dec 6, 2022 3:31am Dec 6, 2022 3:31am
I have an early start again tomorrow, but I can still be here for a couple of hours, but if there is no breakout of this range, I will not enter again today

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 96 KB
I am neither brave nor stupid...I am just a part time trader
  • #711,629
  • Dec 6, 2022 3:32am Dec 6, 2022 3:32am
I love you too Dr. Read my signature pls
POSTMASTER
  • #711,630
  • Dec 6, 2022 3:35am Dec 6, 2022 3:35am
Quoting mrluckystar
{quote} Usdcad
thanks
  • #711,631
  • Dec 6, 2022 3:35am Dec 6, 2022 3:35am
Quoting Indiara
I have an early start again tomorrow, but I can still be here for a couple of hours, but if there is no breakout of this range, I will not enter again today {image}
looks a bit slow right now. Get some rest!
Insane in the Brain..
  • #711,632
  • Dec 6, 2022 3:37am Dec 6, 2022 3:37am
Quoting BeeTogether
{quote} looks a bit slow right now. Get some rest!
Yes, is slow. I still have some coffee and is too early to sleep so I can relax and keep a watch in case there is something for me to pounce on!!
I am neither brave nor stupid...I am just a part time trader
  • #711,633
  • Dec 6, 2022 3:40am Dec 6, 2022 3:40am
bad report, but cable likes higher
  • #711,634
  • Dec 6, 2022 3:56am Dec 6, 2022 3:56am
Quoting Robinhood1
I love you too Dr. Read my signature pls
I have read and understood your signature many times. I was just offering you some re-direction on your interpretation about the logic of price movement on the specified pairs.
To free Gazans of Hamas, use whatever it takes.
  • #711,635
  • Dec 6, 2022 4:02am Dec 6, 2022 4:02am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 17 KB
yes yes yes
  • #711,636
  • Dec 6, 2022 4:03am Dec 6, 2022 4:03am
It's a small foot, but it can't attack the bottom side.
I will avoid the short for the time being and think about it after the break.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(M5)_2022.12.06_185954.png Size: 15 KB
  • #711,637
  • Dec 6, 2022 4:04am Dec 6, 2022 4:04am
Quoting maxi444
bad report, but cable likes higher
GBPUSD has not demonstrated that yet. Although the H4/H8 down swing is in a state that it is valid for it to end, not even the M1 has shown conviction toward going into an uptrend to try to do it.
To free Gazans of Hamas, use whatever it takes.
  • #711,638
  • Dec 6, 2022 4:04am Dec 6, 2022 4:04am
Attached Image (click to enlarge)
Click to Enlarge Name: gu-4.jpg Size: 179 KB
  • #711,639
  • Dec 6, 2022 4:05am Dec 6, 2022 4:05am
Quoting DrDave
{quote} I have read and understood your signature many times. I was just offering you some re-direction on your interpretation about the logic of price movement on the specified pairs.
Its all debatable. What do we see from yesterday? UC up & GU down. Both could continue the same, ok, but i have a pattern for UC that tells me down and quite a lot. Its not always they go opposite but in any case i do not see a brutal drop and i may be wrong. Its a comment on probabilities.
POSTMASTER
  • #711,640
  • Dec 6, 2022 4:06am Dec 6, 2022 4:06am
Quoting Moty
{image}
That is the story that H1 is telling. But what does H4 say??
To free Gazans of Hamas, use whatever it takes.
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