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Cable Update (GBPUSD)

  • #713,121
  • Dec 9, 2022 10:05pm Dec 9, 2022 10:05pm
..... Back from Picnic with Friends..

Just wanted to close P/L last week. I traded 3 times on FF

1. Mon = +75
2. Tue = +25
3. Wed = +4

= +104 Pips.

Waiting for next week to start . Have a Nice Day and Weekend.

-Bella
Goddess of Thunder..
  • #713,122
  • Dec 9, 2022 10:38pm Dec 9, 2022 10:38pm
Quoting Robinhood1
{quote} What if traders do not have a SL and don´t close manually? Just asking
Then price will keep grinding higher or ranging till they get frustrated.
Data + Stat + Risk/Emotions Management
  • #713,123
  • Dec 9, 2022 11:03pm Dec 9, 2022 11:03pm
On Monday price will trade within a range, once price breaks the range then we will get a clear direction on direction up or down
  • #713,124
  • Dec 9, 2022 11:15pm Dec 9, 2022 11:15pm
Quoting Georginson
{quote} Then price will keep grinding higher or ranging till they get frustrated.
U think it’ll hit 1.2155 before going up
  • #713,125
  • Dec 9, 2022 11:17pm Dec 9, 2022 11:17pm
GU - weekly anticipation for the coming week to stay between 1.12088 to 1.23000
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"Exchange of hands"
  • #713,126
  • Edited Dec 10, 2022 4:58am Dec 9, 2022 11:34pm | Edited Dec 10, 2022 4:58am
Bull (pound) gettin control in dragon!

This will help cable for 1.246 / 1.2620 push
Peace Yo!
  • #713,127
  • Dec 9, 2022 11:45pm Dec 9, 2022 11:45pm
Quoting kuroro001
if that euro break up is real, 1,09x looks next Else, below 1,0450....probability is towards 1.0150 let's see next week
i think so cus market want to buy back from them. ( mean price drop like fall from moon... i wanna see )
  • #713,128
  • Dec 9, 2022 11:46pm Dec 9, 2022 11:46pm
Gbpusd on the weekly remains on an uptrend
  • #713,129
  • Dec 9, 2022 11:48pm Dec 9, 2022 11:48pm
Quoting Houtbay
Gbpusd on the weekly remains on an uptrend
It can change easily monthly still down
  • #713,130
  • Dec 9, 2022 11:57pm Dec 9, 2022 11:57pm
I have monthly up as well
  • #713,131
  • Dec 9, 2022 11:59pm Dec 9, 2022 11:59pm
Quoting Houtbay
I have monthly up as well
it should drop to 1.21 again dxy will be going up next week
  • #713,132
  • Dec 10, 2022 12:02am Dec 10, 2022 12:02am
The answer in at the bottom of the coffeee cup.
  • #713,133
  • Dec 10, 2022 12:08am Dec 10, 2022 12:08am
Quoting Georginson
{quote} Then price will keep grinding higher or ranging till they get frustrated.
I identified myself as the retail trader in your previous statement and you gave me the impression that you were expressing as an MM. And if we add "echar un capote"(no idea translation in English) by DR. I remain convinced that the least here are retail traders. BTW, I already mentioned beeing put on A-Book and what a coincidence that the ALgo couldn't wipe me out in trading hours and right now my instrument is going 100 pips against me where no other has moved. At best I hope it is due to the closing of the longs behind the curtain that the MMs forced on Friday and the opening does not affect my account with a massive spread. No ofense buddy

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POSTMASTER
  • #713,134
  • Dec 10, 2022 12:15am Dec 10, 2022 12:15am
Quoting shakmoney
{quote} U think it’ll hit 1.2155 before going up
Yes, 1.2155 has a very strong chance next weekly as each weekly candle has produced over 100 pips lower shadow so far.

Quoting Robinhood1
{quote} I identified myself as the retail trader in your previous statement and you gave me the impression that you were expressing as an MM. And if we add "echar un capote"(no idea translation in English) by DR. I remain convinced that the least here are retail traders. BTW, I already mentioned beeing put on A-Book and what a coincidence that the ALgo couldn't wipe me out in trading hours and right now my instrument is going 100 pips against me where no other has moved. At best I hope it is due to the closing of the longs behind the curtain that...
No offense taken mate.
Data + Stat + Risk/Emotions Management
  • #713,135
  • Dec 10, 2022 12:20am Dec 10, 2022 12:20am
Got the message buddy
POSTMASTER
  • #713,136
  • Dec 10, 2022 12:20am Dec 10, 2022 12:20am
Quoting Georginson
{quote} Yes, 1.2155 has a very strong chance next weekly as each weekly candle has produced over 100 pips lower shadow so far. {quote} No offense taken mate.
Got the message buddy
POSTMASTER
  • #713,137
  • Dec 10, 2022 12:34am Dec 10, 2022 12:34am
GBPUSD should remain bullish for the near future and possibly medium future - 1.3 in sight, this area is a 'fair price zone' or volume Point of Control where cable was balanced for a significant time, I think we are almost certain to reach it although a retrace seems overdue, 5 consecutive bull weeks, however this last week has printed an inside bar which to me looks prime to break out in a new uptrend.
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This view is supported by the indices, DXY in a downtrend, BXY in an uptrend.
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  • #713,138
  • Dec 10, 2022 2:23am Dec 10, 2022 2:23am
GBP/USD Daily

Trend (Daily); Bullish
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  • #713,139
  • Dec 10, 2022 3:20am Dec 10, 2022 3:20am
Quoting TheWolf
GBP/USD Daily Trend (Daily); Bullish {image}
Hi Wolf,

congrats on the win, it brought up some memories from the 80's when we visited (Yugoslavia) and took a trip from Zagreb to Split, the only downside was the language barrier.

here is a view of 3M cloud with 3M 6M 1Y MA's, major Res in the way and pullback should be in near future.

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cheers,
"the public is not yet ready for it" W.D. GANN
  • #713,140
  • Dec 10, 2022 3:43am Dec 10, 2022 3:43am
Quoting Kwt4x
{quote} Hi Wolf, congrats on the win, it brought up some memories from the 80's when we visited (Yugoslavia) and took a trip from Zagreb to Split, the only downside was the language barrier. here is a view of 3M cloud with 3M 6M 1Y MA's, major Res in the way and pullback should be in near future. {image} cheers,
Thanks!

Honestly, sometimes even I don't understand some words trust me!

So, around ~1.24 ha?
Can't wait to see how this one develops..
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