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Cable Update (GBPUSD)

  • #712,681
  • Dec 8, 2022 10:45am Dec 8, 2022 10:45am
Quoting shakmoney
{quote} Where are you seeing? You were saying 1.24+ I see below 1.21
I do have staked my money on 1.19 being attained yesterday and it had the chance to go there until the bulls took price back to 1.22 area. Now it's really dicey, expected range this December is 650 - 800 pips and we have only seen 290 pips range so far which means at least 360 more pips to break either 1.2050 or 1.2344...

1.2200 is the middle of these zones as it stands in the mid zone of these two prices...

Quick simulation
1.2050 + 650 pips = 1.2700
1.2344 - 650 pips = 1.1700 ....

This means we are going to see either of these prices this Month...

Soft Clue,
Below 1.2200 is pointing at 1.1700
Above 1.2200 is pointing at 1.2700...

Quoting dantpm
{quote} How did the close in the middle impact your interpretation?
It makes it more dicey, hence I stand aside...
Data + Stat + Risk/Emotions Management
  • #712,682
  • Dec 8, 2022 10:51am Dec 8, 2022 10:51am
Moreeeeee
Moreeeeee
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yes yes yes
  • #712,683
  • Dec 8, 2022 10:57am Dec 8, 2022 10:57am
Quoting Moty
Moreeeeee Moreeeeee {image}
I am in Bed and It Will Come

I can still watch the Big Screen Haha

Chart Of The Day Chart Of The Day you remember

Mark my words
Shekh In Desert
  • #712,684
  • Dec 8, 2022 10:57am Dec 8, 2022 10:57am
I missed @Bella.al's pridiction today. I thought she was going to make one.
  • #712,685
  • Dec 8, 2022 11:00am Dec 8, 2022 11:00am
Quoting mrluckystar
Uj flirting in between 2 TL . {image}
UJ

If 136.27 is broken i would expect it going lower in search of a definite bottom before reaching around 150. I´ll be in buying the dips all the way
POSTMASTER
  • #712,686
  • Dec 8, 2022 11:02am Dec 8, 2022 11:02am
Now my system says only long operations
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  • #712,687
  • Dec 8, 2022 11:03am Dec 8, 2022 11:03am
Quoting ToSatisfy
{quote} I am in Bed and It Will Come I can still watch the Big Screen Haha Chart Of The Day Chart Of The Day you remember Mark my words
Its too early to be in bed
POSTMASTER
  • #712,688
  • Dec 8, 2022 11:12am Dec 8, 2022 11:12am
Dxy has room to go to 1.04400-500 today....
Extreme gut feeling trader
  • #712,689
  • Dec 8, 2022 11:14am Dec 8, 2022 11:14am
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gotta stay in it to win it. first target downloading.....
be a thinker before being a reacter
  • #712,690
  • Dec 8, 2022 11:18am Dec 8, 2022 11:18am
Quoting Wavegarrick
{quote} 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: {image}
Usdx currently swinging down.
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Trade to trade another day
  • #712,691
  • Dec 8, 2022 11:19am Dec 8, 2022 11:19am
There isn't enough volume to support a big move at this time IMHO.
  • #712,692
  • Dec 8, 2022 11:20am Dec 8, 2022 11:20am
DXY done it's business IMHO

time for 1.21
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  • #712,693
  • Dec 8, 2022 11:23am Dec 8, 2022 11:23am
Come on pull back
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yes yes yes
  • #712,694
  • Dec 8, 2022 11:27am Dec 8, 2022 11:27am
MA cross over
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  • #712,695
  • Dec 8, 2022 11:29am Dec 8, 2022 11:29am
Quoting Wavegarrick
{quote} Hi Guys, Very significant to me is a weekly close above my 2 year 50% Fib retrace at 1.22866. Price currently standing at 1.22909. If you have followed weekly candle closes as long as I have you will understand the significance of it. We have almost a full bodied weekly candle and this is very bullish in my opinion. I.o.w we closed almost at the top of the week. My future weekly pivot at 1.21655 ish certainly a magnetic draw line for retraces and I will monitor price action around this area for buy entries. My monthly res 1 at 1.2422 certainly...
UsdJpy doing just fine with full bearish confirmation signals from a daily perspective
Cheers
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Trade to trade another day
  • #712,696
  • Dec 8, 2022 11:29am Dec 8, 2022 11:29am
Quoting Wavegarrick
{quote} Usdx currently swinging down. {image}
Yeah but will it get down to 104.400 to fill the gap Moty pointed out?
  • #712,697
  • Dec 8, 2022 11:33am Dec 8, 2022 11:33am
Quoting Moty
Come on pull back {image}
It will be patient…
Extreme gut feeling trader
  • #712,698
  • Dec 8, 2022 11:38am Dec 8, 2022 11:38am
GU is having a hard time passing 1.22375! @Moty where is the rocket fuel?
  • #712,699
  • Dec 8, 2022 11:42am Dec 8, 2022 11:42am
Quoting hadi.ch
{quote} hi mr pat what are these spots?is it an indicator?if you dont mind saying i have seen it a few times in other traders chart but i dont know what it is!!! {image}
idk the indi but those dots are entry points that he opened positions on
be a thinker before being a reacter
  • #712,700
  • Dec 8, 2022 11:42am Dec 8, 2022 11:42am
Quoting Robinhood1
{quote} Its too early to be in bed
According to Netherland time its too early to be in bed

But not else where is it

Like in Desert its sparkling night and gleaming sand
Shekh In Desert
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