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Cable Update (GBPUSD)

  • #713,421
  • Dec 12, 2022 3:11am Dec 12, 2022 3:11am
I have a gut feeling dxy can test close to friday lows and then retrace back …..
Extreme gut feeling trader
  • #713,422
  • Dec 12, 2022 3:16am Dec 12, 2022 3:16am
Quoting mysterio
placed my limits, but it could go as high as the eyeball. confirmation dependent {image}
one limit hit and i placed a market sell.

TP, deciding on that now,

edit

First TP 1.22
Second 1.2159
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  • #713,423
  • Dec 12, 2022 3:18am Dec 12, 2022 3:18am
Quoting Lekkim
{quote} Up from 100k to 1m, 2m end of day, 10m end of week, let's goooo {image}
Up 1500% on live demo all pairs scalping, high risk but so far so good, still long GU
https://www.myfxbook.com/portfolio/lekkim/9882117
  • #713,424
  • Dec 12, 2022 3:21am Dec 12, 2022 3:21am
Quoting mysterio
{quote} one limit hit and i placed a market sell. TP, deciding on that now, {image}
....there is regular bearish 5min div @ current dly hi and 30min hidden bearish div but no real pot res identified -other than that disrespected prev 1hr/minor 4hr sw hi zone, and of course no 2hr (+) downtrend for the 30min set-up to enter. Pretty easy, buy/sell/buy London session so far but haven't taken the sell from here despite the set-ups, for the reasons stated...was tempted at 1/2 typical volume though. G/L with it.

1hr below
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Trader with an Edge.
  • #713,425
  • Dec 12, 2022 3:23am Dec 12, 2022 3:23am
Quoting mysterio
{quote} one limit hit and i placed a market sell. TP, deciding on that now, edit First TP 1.22 Second 1.2159 {image}
very good call (intraday wise)

waiting for this boy to wake up
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  • #713,426
  • Dec 12, 2022 3:24am Dec 12, 2022 3:24am
looking for 1.23 level...
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"bad trades at times do happen even when the set up are good"
  • #713,427
  • Dec 12, 2022 3:28am Dec 12, 2022 3:28am
Quoting Pat Chiko
{quote} GU update on scalping position Some good info from Hunt of UK Economy.{image}{image}{image}
You the best bro keep it
  • #713,428
  • Dec 12, 2022 3:31am Dec 12, 2022 3:31am
Quoting mysterio
{quote} one limit hit and i placed a market sell. TP, deciding on that now, edit First TP 1.22 Second 1.2159 {image}
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  • #713,429
  • Dec 12, 2022 3:33am Dec 12, 2022 3:33am
Quoting mysterio
{quote} one limit hit and i placed a market sell. TP, deciding on that now, edit First TP 1.22 Second 1.2159 {image}
GU still stalling, while -
FTSE 100 down 0.2%,
FTSE 250 off 0.3% Dec 12 (Reuters) – UK's export-oriented shares dropped on Monday, dragged down by miners, as investors tread with caution ahead of major central banks' meetings scheduled later in the week.

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  • #713,430
  • Dec 12, 2022 3:34am Dec 12, 2022 3:34am
Always know what the mighty Dollar is setting up...The correlation is strong with GBPUSD,EURUSD,AUDUSD. Setups nearly the inverse when major news about to announce.
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  • #713,431
  • Dec 12, 2022 3:39am Dec 12, 2022 3:39am
add sell = 1.2262
Together we can be strongest
Vantage Return This Month: na
  • #713,432
  • Dec 12, 2022 3:40am Dec 12, 2022 3:40am
BTC

Lets go

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POSTMASTER
  • #713,433
  • Dec 12, 2022 3:43am Dec 12, 2022 3:43am
The weekly Heiken Ashi chart shows a strong uptrend

Attachment g
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  • #713,434
  • Dec 12, 2022 3:46am Dec 12, 2022 3:46am
Quoting montygoldy
I have a gut feeling dxy can test close to friday lows and then retrace back …..
Looking like a possibility!
  • #713,435
  • Dec 12, 2022 3:46am Dec 12, 2022 3:46am
Quoting Yngwie
{quote} If good news for GBP I think we may reach 1.2425
look like 1.2320 first then thinking about 1.2425
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #713,436
  • Dec 12, 2022 3:47am Dec 12, 2022 3:47am
Quoting Robinhood1
BTC Lets go {image}
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POSTMASTER
  • #713,437
  • Dec 12, 2022 3:50am Dec 12, 2022 3:50am
Traders,

Think of the market like a big party: 1. Invites are sent out (The Major News is Scheduled). 2. You want to arrive to the party before anyone gets there ( The Oversold or Overbought setup). 3. Guest start coming to the party when they hear the music ( When Major News is Announced). 4. Party gets out of control and cops show up everyone scatters ( Price spikes out of channels, time to get out)….
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  • #713,438
  • Dec 12, 2022 3:52am Dec 12, 2022 3:52am
Quoting Yngwie
{quote} look like 1.2320 first then thinking about 1.2425
Won't that require 'record lows' (or at least breaking recent lows) for the US$?
Does that seem reasonable?
  • #713,439
  • Dec 12, 2022 3:58am Dec 12, 2022 3:58am
quite a lot of great traders going short so I am quite nervous about this but i am long from 2266 until 2292
hope it works out
in wondering about yourself, you forgot what you came here to be part of
  • #713,440
  • Dec 12, 2022 4:00am Dec 12, 2022 4:00am
...4hr (gmt+2 price feed) closes bullishly. 61.8% fri hi-fri/current dly lo move reached @ current dly hi.

4hr below
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Trader with an Edge.
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