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Cable Update (GBPUSD)

  • #711,961
  • Edited 5:20am Dec 7, 2022 1:23am | Edited 5:20am
To my followers :

Another lesson, I learnt is.... " 000 " level normally breaks in London..

Meaning : Does not break in Frankfurt session

This theory mostly holds.

Let us see what happens today.
Intraday only.
  • #711,962
  • Dec 7, 2022 1:23am Dec 7, 2022 1:23am
Quoting mysterio
{quote} Not really. It was a bad trade-- but I recognized the sign to get out Now DXY is on a H4 TL so there's gonna be a tonne of manipulation. gonna sit on my hands and think about it for a bit. I don't trust this buy. Gonna see how things play out for a bit before I do anything.
this looks like a bull trap. might be able to sell.
  • #711,963
  • Dec 7, 2022 1:28am Dec 7, 2022 1:28am
Can we register a new high of the day before going down…
Extreme gut feeling trader
  • #711,964
  • Dec 7, 2022 1:30am Dec 7, 2022 1:30am
Quoting mysterio
{quote} this looks like a bull trap. might be able to sell.
just gonna stick to my original plan
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  • #711,965
  • Dec 7, 2022 1:32am Dec 7, 2022 1:32am
I made it here!!! Hello friends, it has been a crazy day, but I will be here for a little while at least. Perhaps there will be some pips for me

Good luck to us all
I am neither brave nor stupid...I am just a part time trader
  • #711,966
  • Dec 7, 2022 1:34am Dec 7, 2022 1:34am
Quoting AlfieSolomon
1.21406 5min swing looks there is liquidity above that level
Tagged !
  • #711,967
  • Dec 7, 2022 1:37am Dec 7, 2022 1:37am
Quoting erez h
{quote} haha I answer shakmoney in your post, sorry bro
no hhh not angry or something.
I dont have a certain view, regarding my market structure analysis on 4h/daily TF i think 1.2275 could hit and drop like crazy.

price drop below EQL range and after take out intermediate low (Fridays) so let take yesterday high again and smash it down.
this is my view.. short term.

so every 30m swing low in the making on support is a buy. If failed wait and act again until resistance will created.

Im in again on the new low.
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  • #711,968
  • Dec 7, 2022 1:39am Dec 7, 2022 1:39am
EUR/CAD and NZD/CAD finally lost some momentum.. hopefully Bears will impress today. I'M COUNTING ON YOU BEARS!
  • #711,969
  • Dec 7, 2022 1:41am Dec 7, 2022 1:41am
Quoting mysterio
{quote} this looks like a bull trap. might be able to sell.
Hi Mysterio,

I hope it's not a FO/TRAP. I am looking for something like this. Perhaps a right HEAD in the making? I'd like a FO at the projected right head area. Anyway, I am just dwelling in speculations RN.

Welcome back
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  • #711,970
  • Dec 7, 2022 1:45am Dec 7, 2022 1:45am
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yes yes yes
  • #711,971
  • Dec 7, 2022 1:46am Dec 7, 2022 1:46am
Quoting JayBag
{quote} Hi Mysterio, I hope it's not a FO/TRAP. I am looking for something like this. Perhaps a right HEAD in the making? I'd like a FO at the projected right head area. Anyway, I am just dwelling in speculations RN. Welcome back {image}
almost the identical view as mine.
  • #711,972
  • Dec 7, 2022 1:46am Dec 7, 2022 1:46am
Quoting Whale
{quote} no hhh not angry or something. I dont have a certain view, regarding my market structure analysis on 4h/daily TF i think 1.2275 could hit and drop like crazy. price drop below EQL range and after take out intermediate low (Fridays) so let take yesterday high again and smash it down. this is my view.. short term. so every 30m swing low in the making on support is a buy. If failed wait and act again until resistance will created. Im in again on the new low. {image}
today will trade the sidewalk I think nothing will break today but I'm looking for long to 1.24
  • #711,973
  • Dec 7, 2022 1:47am Dec 7, 2022 1:47am
Sell taken. Tp at 2050.
  • #711,974
  • Dec 7, 2022 1:50am Dec 7, 2022 1:50am
Quoting Whale
{quote} almost the identical view as mine.
It's an honor to have a similar TA close to yours.
Should be fun to see how it goes

Cheers
  • #711,975
  • Edited 8:22am Dec 7, 2022 1:53am | Edited 8:22am
Quoting Wavegarrick
{quote} For what its worth, Price has indeed played back towards my weekly pivot at 1.21667 and bouncing back and forth between my daily pivot at 1.22319 and weekly pivot at 1.21667. I just don't know for sure at this point, but my weekly pivot at 1.21667 surely holding for now. I guess a strong hourly close above or below my weekly or daily pivot will be definitive. At the moment price needs to stay above 1.22000 with an hourly close above at least to give bulls hope. I am getting subtle bullish hints from an hourly perspective and will look to...
Hi Guys,
I am going to be careful getting too bearish on GbpUsd. Usdx as well as Gu sitting at the 50% Fib retrace of the weekly high to low. We are at a level that price could swing back in the intended direction.
Trade safe.
Cheers.
Usdx daily chart:
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Trade to trade another day
  • #711,976
  • Dec 7, 2022 1:55am Dec 7, 2022 1:55am
Current Rate : 1.21353

Initial Analysis :7:48 AM GMT

Using Yesterday Trading Activity.

Today's Day is setup as Bearish but "Price Momentum" is pointing Bullish - Mixed Situation Currently.

I have marked on my charts H3 : 1.21693 and L3 : 1.20927 ( Camarilla Pivot Points ) the current range of the day.

I'll revise again when my GMT Switch is near about 12:30 PM GMT , Allowing market to trade inside the frame work of these pivots for upcoming directional bias.

-Bella's Blue
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Goddess of Thunder..
  • #711,977
  • Dec 7, 2022 1:57am Dec 7, 2022 1:57am
Quoting Wavegarrick
{quote} Hi Guys, I am going to be careful getting to bearish on GbpUsd. Usdx as well as Gu sitting at the 50% Fib retrace of the weekly high to low. We are at a level that price could swing back in the intended direction. Trade safe. Cheers. Usdx daily chart: {image}
With all the times that sentiment has become bearish for GU followed by GU exploding to the upside, I believe your caution is well warranted!
  • #711,978
  • Dec 7, 2022 1:58am Dec 7, 2022 1:58am
Quoting mysterio
{quote} just gonna stick to my original plan {image}
might be able to get a buy off of this imbalance
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  • #711,979
  • Dec 7, 2022 2:00am Dec 7, 2022 2:00am
Quoting Robinhood1
Possible BTC long coming. I waits are long thou
Went in long BTC
POSTMASTER
  • #711,980
  • Dec 7, 2022 2:00am Dec 7, 2022 2:00am
Quoting Bella.al
Current Rate : 1.21353 Initial Analysis :7:48 AM GMT Using Yesterday Trading Activity. Today's Day is setup as Bearish but "Price Momentum" is pointing Bullish - Mixed Situation Currently. I have marked on my charts H3 : 1.21693 and L3 : 1.20927 ( Camarilla Pivot Points ) the current range of the day. I'll revise again when my GMT Switch is near about 12:30 PM GMT , Allowing market to trade inside the frame work of these pivots for upcoming directional bias. -Bella's Blue {image}
I don't see any trades at the moment either. Coffee and waiting...waiting...waiting
I am neither brave nor stupid...I am just a part time trader
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