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Cable Update (GBPUSD)

  • #714,561
  • Dec 15, 2022 3:08am Dec 15, 2022 3:08am
Quoting Moty
{quote} Reached My new tp is 1.23020
why is SELL so big on the market?
  • #714,562
  • Dec 15, 2022 3:08am Dec 15, 2022 3:08am
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taking profit here for now . Always keep your old tl
  • #714,563
  • Dec 15, 2022 3:08am Dec 15, 2022 3:08am
Quoting AlfieSolomon
Price inside the Daily FVG strong level should start to move north
With any luck buyers will start jumping in and end up taking this down lower!
  • #714,564
  • Dec 15, 2022 3:08am Dec 15, 2022 3:08am
Just arrived on PC and WOW.. GBP/USD is moving............ i have to wait for my GMT Switch.




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Goddess of Thunder..
  • #714,565
  • Dec 15, 2022 3:11am Dec 15, 2022 3:11am
GBP/USD 1Minute Timeframe with 1Hour confluence

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Dont be upset with the result you didnt get from the work you didnt do
  • #714,566
  • Dec 15, 2022 3:12am Dec 15, 2022 3:12am
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5 min but the line does not transfer from other time charts very well so I have pp instead of taking profit for now
  • #714,567
  • Dec 15, 2022 3:13am Dec 15, 2022 3:13am
Ok that enough bears!

Long 1.1295 SL 1.1250
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #714,568
  • Dec 15, 2022 3:14am Dec 15, 2022 3:14am
Quoting dantpm
{quote} With any luck buyers will start jumping in and end up taking this down lower!
It's also falling from the weekly FVG ,and also the imbalance is balanced on daily we should start moving north soon after change in structure on lower timeframe
  • #714,569
  • Dec 15, 2022 3:14am Dec 15, 2022 3:14am
EA trailing stop on equity got tripped with a 50 pt drop, 90 pips banked. Nice start to the day!
  • #714,570
  • Dec 15, 2022 3:15am Dec 15, 2022 3:15am
Quoting Moty
{quote} Reached My new tp is 1.23020
Ty mf
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yes yes yes
  • #714,571
  • Dec 15, 2022 3:15am Dec 15, 2022 3:15am
Correction reached, 1.2290's area. What I never understand: Why people still shorting on levels like that in situations like that? I start buying at 1.2298, already sold again for 1.2308, perfect situations for me. It must be big money to press market down. I always wondr if it's worth for them, I mean the last push down.
  • #714,572
  • Dec 15, 2022 3:16am Dec 15, 2022 3:16am
Resistance becomes Support, I'm hopeful.
Long at 1.2312 SL 100 pips,

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All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
  • #714,573
  • Dec 15, 2022 3:17am Dec 15, 2022 3:17am
G/M, nice early London move down after the pullback in late asian session following the move down in that too that started after the Fomc stuff in the early asian session. A 4 fib cluster at the current dly lo, 2 of which shown on 4hr chart below in that prev 4hr/v.minor dly sw hi zone = prev res = pot rbs. Dly S2 @/around the current dly lo too.

4hr below
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Trader with an Edge.
  • #714,574
  • Dec 15, 2022 3:17am Dec 15, 2022 3:17am
It appears there will not be a BOE press conference today,

Since there's no monetary policy report this meeting. Only summary and minutes.

P.S. Watching SNB presser right now. It's always fresh and interesting to listen to the mix of German, French, English in one presser.
  • #714,575
  • Dec 15, 2022 3:18am Dec 15, 2022 3:18am
I am sad to report that today my broker froze all my trading account just few minutes before the SNB rate release, i couldn't open any order
I have been successfully hitting tps trading news
Guys Is this normal or there is smthng fishy?

Dd anyone had the same problem today?
I live in the future
  • #714,576
  • Dec 15, 2022 3:18am Dec 15, 2022 3:18am
The urge to flip to long was way too much lol. FoMo ! Long at 12310 TP at daily pivot
Insane in the Brain..
  • #714,577
  • Dec 15, 2022 3:19am Dec 15, 2022 3:19am
1.24 Held! Let's see BOE..
  • #714,578
  • Dec 15, 2022 3:23am Dec 15, 2022 3:23am
...round 2 of the central bank stuff today with Boe/mpc later.

1hr below
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Trader with an Edge.
  • #714,579
  • Dec 15, 2022 3:25am Dec 15, 2022 3:25am
why is there so much SELL in the markets? I don't understand, why did everyone go to SELL? can someone answer me?
  • #714,580
  • Dec 15, 2022 3:28am Dec 15, 2022 3:28am
[quote=petvaibogdan;14256915]why is there so much SELL in the markets? I don't understand, why did everyone go to SELL? can someone answer me?[/quote

My guess is due to the rate hike by FOMC and projection of more hikes in 2023.
Fortune favors the brave.
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