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Cable Update (GBPUSD)

  • #712,441
  • Dec 8, 2022 3:39am Dec 8, 2022 3:39am
Quoting yelena
{quote} sighs -19 may buy again .... later {image}
Is a difficult market this week, very tricky to trade. I don't think that I will make my weeks target if this keeps up!
I am neither brave nor stupid...I am just a part time trader
  • #712,442
  • Dec 8, 2022 3:45am Dec 8, 2022 3:45am
Quoting Georginson
Hello Guys, it's yet another 365 days on Earth for me... Happy Birthday to me and Green pips to everyone.
Wish you many more happy returns of the day.

Cheers !
Intraday only.
  • #712,443
  • Dec 8, 2022 3:45am Dec 8, 2022 3:45am
Quoting Indiara
{quote} I'm also watching USDX which is currently at a minor resistance level. If that breaks then my trade should be fine.
I have moved SL to protect this trade. I think it's not going to work out

Attached Image (click to enlarge)
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I am neither brave nor stupid...I am just a part time trader
  • #712,444
  • Dec 8, 2022 3:46am Dec 8, 2022 3:46am
Quoting knkie
{quote} idk Theo supports are breaking it may go south
i think they are may take it to another leg up to take some stops higher maybe above 1.226 area

im trying long here for kill time
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  • #712,445
  • Dec 8, 2022 3:50am Dec 8, 2022 3:50am
Market expectation
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Higher rate => Deeper recession
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Bad for POUND
More time in the market, does not mean you trade better!
  • #712,446
  • Dec 8, 2022 3:51am Dec 8, 2022 3:51am
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}
was a mistake to buy. sell the rallies in GU. I think this scenario on dxy is occuring
  • #712,447
  • Dec 8, 2022 3:53am Dec 8, 2022 3:53am
Quoting Indiara
{quote} Is a difficult market this week, very tricky to trade. I don't think that I will make my weeks target if this keeps up!
true
UJ gave 100 yesterday
GU is....... just tragic
  • #712,448
  • Dec 8, 2022 3:53am Dec 8, 2022 3:53am
Quoting Indiara
{quote} I'm also watching USDX which is currently at a minor resistance level. If that breaks then my trade should be fine.
USDX is trying hard to clear the road block, just has to try a bit harder!

Attached Image (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 38 KB
I am neither brave nor stupid...I am just a part time trader
  • #712,449
  • Dec 8, 2022 3:58am Dec 8, 2022 3:58am
come on , fly from here
Attached Image (click to enlarge)
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28 pips missed
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yes yes yes
  • #712,450
  • Dec 8, 2022 4:02am Dec 8, 2022 4:02am
Quoting mysterio
{quote} was a mistake to buy. sell the rallies in GU. I think this scenario on dxy is occuring
It's more of the MM taking the market in the opposite direction of the popular sentiment with lower than avg. volume!
  • #712,451
  • Dec 8, 2022 4:03am Dec 8, 2022 4:03am
Quoting mysterio
{quote} Switched to buy hunt below weds NY low and m15 fvg filled. Absoprtion on FP. lets see. might get stopped, i think DXY will fly today. will close if the retest fails Edit-- stopped. I think DXY will fly today. Shorts for GU {image}
Yeah, i agree. Dxy likely to fly today
Exhausted
  • #712,452
  • Dec 8, 2022 4:07am Dec 8, 2022 4:07am
Quoting Indiara
{quote} I have moved SL to protect this trade. I think it's not going to work out {image}
Retracement incoming i think. Take note. Cuz that was a big sell just now
Exhausted
  • #712,453
  • Dec 8, 2022 4:10am Dec 8, 2022 4:10am
Quoting Whale
{quote} i think they are may take it to another leg up to take some stops higher maybe above 1.226 area im trying long here for kill time {image}
you may be right

im trying a sell here at 2164
in wondering about yourself, you forgot what you came here to be part of
  • #712,454
  • Dec 8, 2022 4:10am Dec 8, 2022 4:10am
Quoting Indiara
{quote} I have moved SL to protect this trade. I think it's not going to work out {image}
Watch the small tf rebalancing those fvg ,
Market may targeting ytd low for liquidity.
PA Return Today: na
  • #712,455
  • Dec 8, 2022 4:10am Dec 8, 2022 4:10am
https://www.poundsterlinglive.com/gb...-dollar-stocks
  • #712,456
  • Dec 8, 2022 4:11am Dec 8, 2022 4:11am
Quoting LeongPuiy
{quote} Watch the small tf rebalancing those fvg , Market may targeting ytd low for liquidity.
ytd low ? to 1.05 ?
COT: The precious data ignored
  • #712,457
  • Dec 8, 2022 4:13am Dec 8, 2022 4:13am
Quoting kuroro001
{quote} ytd low ? to 1.05 ?
21055 at my broker
PA Return Today: na
  • #712,458
  • Dec 8, 2022 4:13am Dec 8, 2022 4:13am
Quoting Elysion
{quote} Retracement incoming i think. Take note. Cuz that was a big sell just now

It is a free trade now, so whatever happens.....happens
I am neither brave nor stupid...I am just a part time trader
  • #712,459
  • Dec 8, 2022 4:14am Dec 8, 2022 4:14am
Quoting LeongPuiy
{quote} Watch the small tf rebalancing those fvg , Market may targeting ytd low for liquidity.
Yes, at least the trade is protected, so all I can do is watch and see what happens
I am neither brave nor stupid...I am just a part time trader
  • #712,460
  • Dec 8, 2022 4:14am Dec 8, 2022 4:14am
Quoting LeongPuiy
{quote} 21055 at my broker
ah yesterday low
i thought "year to date"
COT: The precious data ignored
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