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Cable Update (GBPUSD)

  • #715,061
  • Dec 19, 2022 3:02am Dec 19, 2022 3:02am
I would recommend buying on low (support) and selling on resistence. We have very small amount of positions in GBP/USD right now. What I found very funny is this. People started buying (more lots coming into GU) but not on support. They were like in the middle. We had pretty nice buy zone on last resistance which become support as you can see in the picture.

Trend is still NOT established at all for now.

Chart is GBP/USD 5 minute.

SF
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
  • #715,062
  • Dec 19, 2022 3:03am Dec 19, 2022 3:03am
A trader must poses the heart of a LION ready to take risk at all times and wait for the reward.
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Click to Enlarge Name: 8DBEE0D7-1367-4636-A88B-C412B4DA8ED6.png Size: 90 KB
My telegram: https://t.me/avidforex
  • #715,063
  • Dec 19, 2022 3:09am Dec 19, 2022 3:09am
Rising index = falling dollar = rising pound
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 13 KB
Click to Enlarge Name: gu1.png Size: 14 KB
yes yes yes
  • #715,064
  • Dec 19, 2022 3:13am Dec 19, 2022 3:13am
Quoting palpite
buy - 1.2185
trade closed - 1.2230
Together we can be strongest
Vantage Return This Month: na
  • #715,065
  • Dec 19, 2022 3:14am Dec 19, 2022 3:14am
Quoting Yngwie
Try to sold 1.2214 SL 1.2235 {image}
Hit BE. We going up
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #715,066
  • Dec 19, 2022 3:18am Dec 19, 2022 3:18am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4 dec19 a.png Size: 40 KB
  • #715,067
  • Dec 19, 2022 3:19am Dec 19, 2022 3:19am
Quoting Yngwie
{quote} Hit BE. We going up
sell only below the 250 smoothed h+c+l band with breakout
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 14 KB
Attached File(s)
File Type: ex4 MarCo-MA2Color.ex4   10 KB | 320 downloads
File Type: tpl template_name.tpl   4 KB | 295 downloads
yes yes yes
  • #715,068
  • Dec 19, 2022 3:25am Dec 19, 2022 3:25am
game over !!!
Friday's high is broken !!!
yesterday i won 94 $ on Argentina France to end in a draw
i am back and on fire
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 21 KB


Inserted Video
yes yes yes
  • #715,069
  • Dec 19, 2022 3:27am Dec 19, 2022 3:27am
my view
back below 1.22
Attached Image (click to enlarge)
Click to Enlarge Name: i.jpg Size: 632 KB
Trendlines H1,H4, SMC
  • #715,070
  • Dec 19, 2022 3:27am Dec 19, 2022 3:27am
Quoting Moty
{quote} sell only below the 250 smoothed h+c+l band with breakout {image} {file} {file}
HaHa Flight Path Ha

HaHa

More Like A Waypoint On A Flight Plan
Shekh In Desert
  • #715,071
  • Dec 19, 2022 3:29am Dec 19, 2022 3:29am
Next hurdle is Fridays pivot area 12260 break that and it could be teasing 123
Insane in the Brain..
  • #715,072
  • Dec 19, 2022 3:31am Dec 19, 2022 3:31am
Looking for short around 1.2258 now

only managed a handful of pips on initial short... there were signs in the footprint to get out which I read late then too late to get in reversal

So I think last weeks POC 1.2258 worth watching for a reverse
  • #715,073
  • Dec 19, 2022 3:34am Dec 19, 2022 3:34am
pivot weekly - 1.2282
Together we can be strongest
Vantage Return This Month: na
  • #715,074
  • Dec 19, 2022 3:34am Dec 19, 2022 3:34am
Hesitating to go over 100pips move for cable. Maybe a slight drop now?
Insane in the Brain..
  • #715,075
  • Dec 19, 2022 3:51am Dec 19, 2022 3:51am
Quoting fxmasterdxb
{quote} well you explained exactly what is going in my mind chart is screaming for further north move, but a decent retrace is required to give the pa the push towards 1.18 & 1.17
Im looking at the area between 1.2245 to 1.2285 to short, will wait for rejections on 15/30 min time frames to enter short
  • #715,076
  • Dec 19, 2022 3:56am Dec 19, 2022 3:56am
1.2282 have the MA200-H1 too.
Together we can be strongest
Vantage Return This Month: na
  • #715,077
  • Dec 19, 2022 3:59am Dec 19, 2022 3:59am
all out !!!
i wish i put my tp at weekly pivot , i could gained 30 $ more
switched to short
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 33 KB
yes yes yes
  • #715,078
  • Dec 19, 2022 4:03am Dec 19, 2022 4:03am
Quoting palpite
pivot weekly - 1.2282
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #715,079
  • Dec 19, 2022 4:06am Dec 19, 2022 4:06am
Salam to every one. My take
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-12-19_15-04-38.png Size: 15 KB
  • #715,080
  • Dec 19, 2022 4:08am Dec 19, 2022 4:08am
Going Long until 1.2115 :

1) Last 2 time price closed below the Daily 20 SMA, the next day was an uptrend and continued to trend for weeks :

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-oanda-division4-20-ma-on-daily-chart-rejectionlast-2.png Size: 9 KB

2) H1 Chart break of green line, just been ejected by Doji :
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-oanda-division4-break-of-12250.png Size: 7 KB
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