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Cable Update (GBPUSD)

  • #712,321
  • Dec 7, 2022 11:28pm Dec 7, 2022 11:28pm
Quoting mrluckystar
{quote} Short again for ucad. Break yesterday high will go long for 1.3834 {image}
Still holding my longs GJ. I expect a breakout at 168.20
POSTMASTER
  • #712,322
  • Edited 11:57pm Dec 7, 2022 11:34pm | Edited 11:57pm
Quoting mysterio
General plan tomorrow. I think we'll see a move down, 1.2175 will be a magnet level. Likely to have some lows taken out (weds and thurs) then a big buy up to 1.2290 area DXY I think a bigger push up into H4 Demand above Weds high then a big drop We'll see the overnight PA, the plan may change {image} {image} {image}
morning folks

saw we were on m15 demand and a VC so in a buy scalp

lets see if it can get to asia high. Might only make it to the m15 swing high so i'll set stops to BE there and watch the order flow

if m5 demand doesnt hold im out
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  • #712,323
  • Dec 7, 2022 11:36pm Dec 7, 2022 11:36pm
Looks like a double bottom at around 1.2178 + Fib retracement 32.8% of yesterdy move.

Can't justify anything yet bcuz London may reverse it.
Although I'm on a bullish bias now
Exhausted
  • #712,324
  • Edited 11:59pm Dec 7, 2022 11:47pm | Edited 11:59pm
Hello peeps,
I have a question not relating to trading at all. It is regarding the IBC policy. Has anyone of y'all ever tried it and does it work the same way Nelson explained?

Just come across this beautiful concept and turned out the most fascinating I ever saw in the financial system!
"Its too good to be true"
More time in the market, does not mean you trade better!
  • #712,325
  • Dec 7, 2022 11:48pm Dec 7, 2022 11:48pm
pivot line 1.21800
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yes yes yes
  • #712,326
  • Dec 7, 2022 11:50pm Dec 7, 2022 11:50pm
Quoting Bella.al
... Bella's Price Momentum : +ve : 0.49 {image}
Long 2185
SL candle close below 2171 cheap trade
TP 2297 or whatever market gives at 1800 candle close, whichever comes first
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  • #712,327
  • Dec 7, 2022 11:51pm Dec 7, 2022 11:51pm
Quoting Moty
pivot line 1.21800 {image}
Nice, more confluences to go long.
Daily pivot
Double bottom
Morning star at m15
Fib retracement 32.8%
Bearish Divergence
Exhausted
  • #712,328
  • Dec 7, 2022 11:53pm Dec 7, 2022 11:53pm
Quoting Moty
pivot line 1.21800 {image}
you’ll be switching to short soon and say you lost
  • #712,329
  • Dec 7, 2022 11:57pm Dec 7, 2022 11:57pm
Three times PP repulsion.
scalp long.
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  • #712,330
  • Edited Dec 8, 2022 12:19am Dec 7, 2022 11:59pm | Edited Dec 8, 2022 12:19am
possible mission orion stop hunt wich side it's on? volumes not a vail able
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man-you-don't

https://www.dailymotion.com/video/x2ct6l
  • #712,331
  • Dec 8, 2022 12:07am Dec 8, 2022 12:07am
Quoting Bella.al
Initial Market Analysis : 04:42 AM GMT Yesterday's High : 1.22337 Yesterday's Low : 1.21055 Daily Bar Bias: Moderately Bullish . Bella's Price Momentum : +ve : 0.49 Pivots: L3 : 1.21740 H3: 1.22432 L4: 1.21381 H4: 1.22791 Currently it is a Bullish Scenario overall with BPM +0.49 and Day is setup as Bullish with some bears pressure coming from Yesterday's High at 1.22337. With the next Update nearing my GMT Switch i shall see how the BPM has changed if any and how the price has been trading inside the Framework of the Pivots -Bella's Blue {image}...
Interesting setups, what indicatos are those?
Exhausted
  • #712,332
  • Dec 8, 2022 12:10am Dec 8, 2022 12:10am
looks like market is ranging before the Friday afternoon usd news
  • #712,333
  • Dec 8, 2022 12:12am Dec 8, 2022 12:12am
Is dxy forming the head n shoulder pattern on 4h????
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Extreme gut feeling trader
  • #712,334
  • Dec 8, 2022 12:15am Dec 8, 2022 12:15am
Hello friends

It looks like Mr Market has been a bit quiet since last night. I hope it will not be another 6 hour wait in the long grass for me, but I will go and prepare coffee just in case
I am neither brave nor stupid...I am just a part time trader
  • #712,335
  • Dec 8, 2022 12:15am Dec 8, 2022 12:15am
Quoting Elysion
{quote} Interesting setups, what indicatos are those?

Hello,

It is called "Bella's Blue", you can read about it on
link : https://www.forexfactory.com/thread/...3#post14246653
it also has some resources if you like to know : Such as Book Names

-bella.
Goddess of Thunder..
  • #712,336
  • Dec 8, 2022 12:17am Dec 8, 2022 12:17am
Quoting Bella.al
{quote} Hello, It is called "Bella's Blue", you can read about it on link : https://www.forexfactory.com/thread/...3#post14246653 it also has some resources if you like to know : Such as Book Names -bella.
Hmm, I see will check it out when I hve the time. Thanks!
Exhausted
  • #712,337
  • Dec 8, 2022 12:17am Dec 8, 2022 12:17am
Quoting mysterio
{quote} morning folks saw we were on m15 demand and a VC so in a buy scalp lets see if it can get to asia high. Might only make it to the m15 swing high so i'll set stops to BE there and watch the order flow if m5 demand doesnt hold im out {image} {image} {image}
dxy might just be filling this hidden gap then heading up. we'll see. might close early.
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  • #712,338
  • Dec 8, 2022 12:29am Dec 8, 2022 12:29am
Extreme gut feeling trader

https://www.dailymotion.com/video/x5jlt02
  • #712,339
  • Dec 8, 2022 12:30am Dec 8, 2022 12:30am
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yes yes yes
  • #712,340
  • Dec 8, 2022 12:32am Dec 8, 2022 12:32am
Quoting mysterio
{quote} dxy might just be filling this hidden gap then heading up. we'll see. might close early. {image}
there's actually a real gap on dxy. so might make it to asia high. short bias after that. GU should reverse when the dxy gap is closed.
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