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Cable Update (GBPUSD)

  • #713,741
  • Dec 13, 2022 1:14am Dec 13, 2022 1:14am
Quoting Fardeen1209
{quote} Expecting a >consensus for US cpI?
Nope. Based on chart
Peace Yo!
  • #713,742
  • Dec 13, 2022 1:15am Dec 13, 2022 1:15am
Gbpjpy short at 169.200
  • #713,743
  • Dec 13, 2022 1:16am Dec 13, 2022 1:16am
Quoting TheWolf
{quote} Oh yeah... they want the price go higher, wonder why? Monthly Retracement over starting with today? One more crucial piece of the puzzle is Bailey. Everyone waits for CPI, but we should be looking at Bailey not to tank the Pound before CPI data even comes out..
One possible scenario is that CPI gets Buyers and Sellers out of the position and then strike with Fed tommorow.

Slight chance of that happening..
  • #713,744
  • Dec 13, 2022 1:17am Dec 13, 2022 1:17am
Quoting Bella.al
{quote} Current Rate : 1.22937 S/L is saved by few ticks waiting for an update. {image}
Current Rate : 1.22880

I am not going to do anything , just drinking my tea while watching the chart. It is the Rejection of 'Bella's Resistance : 1.22987' , My Sl = 1.23032

-Bella's Blue
Attached Image (click to enlarge)
Click to Enlarge Name: Bella'sBlue_01.png Size: 13 KB
Goddess of Thunder..
  • #713,745
  • Dec 13, 2022 1:19am Dec 13, 2022 1:19am
Quoting Houtbay
Gbpjpy short at 169.200
Price "broke" the Resistance Zone.. interesting. Today Pound is either above 170 or on a long way down..

We'll see how this Daily candle will close and if above Resistance whether it will test the zone before heading up catching that Highs at 172..

You may have the best price to Short from.. good catch!
  • #713,746
  • Dec 13, 2022 1:22am Dec 13, 2022 1:22am
Quoting Bella.al
{quote} Current Rate : 1.22880 I am not going to do anything , just drinking my tea while watching the chart. It is the Rejection of 'Bella's Resistance : 1.22987' , My Sl = 1.23032 -Bella's Blue {image}
Your trade is still alive Bella, this is good news. While you enjoy your tea, I am drinking my coffee and watching USDX. It does not look too inspiring for an entry for me. Is early yet though so anything can happen. Hopefully the bears will show up for you
I am neither brave nor stupid...I am just a part time trader
  • #713,747
  • Dec 13, 2022 1:26am Dec 13, 2022 1:26am
Market look like confuse with result

Short 1.2295 SL 1.2305
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #713,748
  • Dec 13, 2022 1:28am Dec 13, 2022 1:28am
Quoting Bella.al
{quote} Current Rate : 1.22880 I am not going to do anything , just drinking my tea while watching the chart. It is the Rejection of 'Bella's Resistance : 1.22987' , My Sl = 1.23032 -Bella's Blue {image}
Great fighting movie,huh?
Bull vs Bear
More time in the market, does not mean you trade better!
  • #713,749
  • Dec 13, 2022 1:28am Dec 13, 2022 1:28am
Quoting ToSatisfy
{quote} Alright Price has been shuffling too much and I take BE here I have Buy On from previous post update of Sell same price around 1.22800 My Target is again Big Around 90 - 100 Pips that would make it 1.23706 around I am waiting for a Big Move but this thing just wants to create too much stiffle Ok Anyway {image} Timeframe H4
GU doesn't appear to want to go back about 1.23 right now.
  • #713,750
  • Dec 13, 2022 1:29am Dec 13, 2022 1:29am
The wolf if I as trading nzdcad I would be on the short side from 0.87300
  • #713,751
  • Dec 13, 2022 1:31am Dec 13, 2022 1:31am
G/M, mixed reaction to Uk employment data and a break above y/day's hi, after an up-down/up Asian session. Current dly hi into the 4hr part of the prev 1hr/minor 4hr sw hi zone to fri's 2322 hi, and just into dly part of the prev 1hr/4hr/minor dly sw hi zone to the 21344 hi which is coexistent with this aforementioned zone

1Hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
Trader with an Edge.
  • #713,752
  • Dec 13, 2022 1:31am Dec 13, 2022 1:31am
i.. i'm alone? so scared

GU long 2288
TP 2393 (106 pips), or 2 hrs from now, whichever hits first
SL close below ema10, approx 9 pips

UJ short 137.66 (insurance)
TP 136.81 (84 pips), or 2 hrs from now, whichever hits first
SL close above ema10, approx +3 pips

EDIT: added picture
Attached Image (click to enlarge)
Click to Enlarge Name: 13DEC guuj.png Size: 20 KB
  • #713,753
  • Dec 13, 2022 1:32am Dec 13, 2022 1:32am
Quoting Bella.al
{quote} Current Rate : 1.22880 I am not going to do anything , just drinking my tea while watching the chart. It is the Rejection of 'Bella's Resistance : 1.22987' , My Sl = 1.23032 -Bella's Blue {image}
Finally i am out sl hit -24 pips
Goddess of Thunder..
  • #713,754
  • Dec 13, 2022 1:34am Dec 13, 2022 1:34am
Quoting Headland
G/M, mixed reaction to Uk employment data and a break above y/day's hi, after an up-down/up Asian session. Current dly hi into the 4hr part of the prev 1hr/minor 4hr sw hi zone to fri's 2322 hi, and just into dly part of the prev 1hr/4hr/minor dly sw hi zone to the 21344 hi which is coexistent with this aforementioned zone 1Hr below {image}
What do the colored bars on your charts represent? Is this explained someplace?
  • #713,755
  • Dec 13, 2022 1:34am Dec 13, 2022 1:34am
Quoting Bella.al
{quote} Finally i am out sl hit -24 pips
You stayed the distance and followed you plan. Much respect for not bailing out
I am neither brave nor stupid...I am just a part time trader
  • #713,756
  • Dec 13, 2022 1:35am Dec 13, 2022 1:35am
And so the battle line had been drawn therefore at 1.2300

I like that number!
  • #713,757
  • Dec 13, 2022 1:37am Dec 13, 2022 1:37am
Left 1 buy from yesterday ...
Short built up...

Playing both side!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2022-12-13-15-36-42-35_d2413675f45e5f25fdbfe681d1807ad0.jpg Size: 214 KB
Peace Yo!
  • #713,758
  • Dec 13, 2022 1:38am Dec 13, 2022 1:38am
Quoting Bella.al
{quote} Finally i am out sl hit -24 pips
Waiting for Bella's GMT Switch to Turn on for next trade , after 12:30 PM GMT

-bella
Goddess of Thunder..
  • #713,759
  • Dec 13, 2022 1:38am Dec 13, 2022 1:38am
Quoting Indiara
{quote} You stayed the distance and followed you plan. Much respect for not bailing out
That the hardest part in trading; is staying in your floating position no matter how hard the crowd screams.
More time in the market, does not mean you trade better!
  • #713,760
  • Dec 13, 2022 1:38am Dec 13, 2022 1:38am
I expect a liquidity grab above 1.2321 and then selling can commence.

Possibly 1.2334 will be a good place to enter sell trades.
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