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Cable Update (GBPUSD)

  • #714,441
  • Dec 14, 2022 11:33am Dec 14, 2022 11:33am
Quoting Indigo45
{quote} But remember, USD Sentiment is Bearish. Prices will reverse within a Day. However if Powel is Hawkish, then, prices could extend further, before retracing.
Dovish
  • #714,442
  • Dec 14, 2022 11:35am Dec 14, 2022 11:35am
Quoting TonyTepeli
press conference in 10 minutes to come, it's my lucky wish that every enjoy bearish manipulative move
that was a Sold Move Brother,
Yellen Is Speaking and it could hit 1.2300 very fast trust me
Don't compare your Trades with Others
  • #714,443
  • Dec 14, 2022 11:35am Dec 14, 2022 11:35am
Quoting bilal1947
GU long at 1.2371 - -8pip SL {image}
Why do you still expect a rally in GU?
  • #714,444
  • Dec 14, 2022 11:36am Dec 14, 2022 11:36am
Quoting indigo45
{quote} dovish
FED'S POWELL: WE ANTICIPATE THAT ONGOING HIKES WILL BE NECESSARY TO BECOME SUFFICIENTLY RESTRICTIVE.

POWELL: NEED SUBSTANTIALLY MORE EVIDENCE OF LOWER INFLATION... actually saying, we are not done yet!

Fed's Powell: Historical Record Cautions Strongly Against Premature Loosening (Powell is too scared of the past and will make sure inflation is at zero (LoL) before pivoting).

Hawkish!! The speech is definitely hawkish, how the market will react, I don't know.
  • #714,445
  • Dec 14, 2022 11:36am Dec 14, 2022 11:36am
Quoting Indigo45
{quote} But remember, USD Sentiment is Bearish. Prices will reverse within a Day. However if Powel is Hawkish, then, prices could extend further, before retracing.
that is Exactly what i am saying.
look at 15M and 30M charts and remember Charts Never Lie..
Don't compare your Trades with Others
  • #714,446
  • Dec 14, 2022 11:37am Dec 14, 2022 11:37am
Daily candle is red !!!!!!
How do you do mister bearish hanging man ?
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yes yes yes
  • #714,447
  • Dec 14, 2022 11:38am Dec 14, 2022 11:38am
What we have below todays low..
buy limits or sell stop?
  • #714,448
  • Dec 14, 2022 11:39am Dec 14, 2022 11:39am
Quoting josip
usindex {image}
Exactly i am Looking at USD ndex, wait for 1H close, if above 103.70-80 then 104.40 is not far Away.
Don't compare your Trades with Others
  • #714,449
  • Dec 14, 2022 11:42am Dec 14, 2022 11:42am
Quoting TheWolf
{quote} FED'S POWELL: WE ANTICIPATE THAT ONGOING HIKES WILL BE NECESSARY TO BECOME SUFFICIENTLY RESTRICTIVE. POWELL: NEED SUBSTANTIALLY MORE EVIDENCE OF LOWER INFLATION... actually saying, we are not done yet! Hawkish!! The speech is definitely hawkish, how the market will react, I don't know.
In the notes they say the target for next year is 5.1%, and that he isn't done. Neutral and watchful is what I take away from that.
  • #714,450
  • Dec 14, 2022 11:42am Dec 14, 2022 11:42am
Quoting dantpm
{quote} Why do you still expect a rally in GU?
Actual = expected is usually not considered good perhaps being 50 basis is more Dovish FED, considering lower CPI numbers, and first move is mostly a liquidity hunt and then the real moves comes, if we talk about H4 it was the 3rd LH candle in formation where i enter, but it raid the prev H4 candle too which hits my SL too....

on H4 - i took setup A, however B is the best.
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"Exchange of hands"
  • #714,451
  • Dec 14, 2022 11:45am Dec 14, 2022 11:45am
Quoting dantpm
{quote} In the notes they say the target for next year is 5.1%, and that he isn't done. Neutral and watchful is what I take away from that.
Fed's Powell: Can't Tell You We Won't Move Up Estimate of Peak Rate at a Future Meeting Fed's Powell: If Data Comes in Worse, Peak Could Move Up but Could Also Move Down if Inflation Data is Soft

I guess nothing is set in stone.. this could push the market to become optimistic about USD..
  • #714,452
  • Dec 14, 2022 11:47am Dec 14, 2022 11:47am
Wow , what a short squeeze
Pivot line gave support at 1.23500
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yes yes yes
  • #714,453
  • Edited 12:05pm Dec 14, 2022 11:47am | Edited 12:05pm
Quoting dantpm
{quote} In the notes they say the target for next year is 5.1%, and that he isn't done. Neutral and watchful is what I take away from that.
I should have taken this setup the one marked B on my above post

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B - setup
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"Exchange of hands"
  • #714,454
  • Dec 14, 2022 11:47am Dec 14, 2022 11:47am
I'm happy to report that my broker is a THIEF

Spreads are starting to yawn
  • #714,455
  • Dec 14, 2022 11:52am Dec 14, 2022 11:52am
Quoting eyefeelsix
it took one more push to the north {image}
drunken market on 4th wave lol
https://breakpullback.com
  • #714,456
  • Dec 14, 2022 11:52am Dec 14, 2022 11:52am
Quoting DubaiFX
{quote} that was a Sold Move Brother, Yellen Is Speaking and it could hit 1.2300 very fast trust me
DubaiFX
I do , but it's always munupulative i think youve seen yourself,
I live in the future
  • #714,457
  • Dec 14, 2022 11:56am Dec 14, 2022 11:56am
Long in at 1.24 ..lets go for a new high .. dxy lets go for a new low…….
Extreme gut feeling trader
  • #714,458
  • Edited 12:14pm Dec 14, 2022 12:02pm | Edited 12:14pm
Attached Image (click to enlarge)
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PWHi &gher jojo Le coq est mort - French Children's Songs lol learned french back to the game
  • #714,459
  • Dec 14, 2022 12:03pm Dec 14, 2022 12:03pm
Quoting ToSatisfy
Well Highly Likely going to be a Bullish Move for GBPUSD I am inclined to flip in next hour or so Moving towards next 1.25259 bar {image}
I Didnt Buy on that Dip

I had fallen asleep on the couch

Damn

Target is 1.24910 for now
Shekh In Desert
  • #714,460
  • Dec 14, 2022 12:03pm Dec 14, 2022 12:03pm
Short at 12420 order
Insane in the Brain..
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