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Cable Update (GBPUSD)

  • #715,541
  • Edited 3:54am Dec 21, 2022 3:43am | Edited 3:54am
Is the drop bottoming out? Maybe a leak to 12120 area? Before going long?
Insane in the Brain..
  • #715,542
  • Dec 21, 2022 3:54am Dec 21, 2022 3:54am
GBPUSD is now descending movement. But it still bulling as for me. I prefer to believe that it will rise till the end of week.
  • #715,543
  • Dec 21, 2022 3:56am Dec 21, 2022 3:56am
Quoting DragonT
GBPUSD is now descending movement. But it still bulling as for me. I prefer to believe that it will rise till the end of week.
it has rejected 12240 12220 and 12200 over the last 3 days respectively. Let’s see how this pans out
Insane in the Brain..
  • #715,544
  • Dec 21, 2022 3:58am Dec 21, 2022 3:58am
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yes yes yes
  • #715,545
  • Dec 21, 2022 4:18am Dec 21, 2022 4:18am
nightmare week
  • #715,546
  • Dec 21, 2022 4:29am Dec 21, 2022 4:29am
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  • #715,547
  • Dec 21, 2022 4:31am Dec 21, 2022 4:31am
i'm going long
  • #715,548
  • Dec 21, 2022 4:32am Dec 21, 2022 4:32am
And not crossed yet.

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Together we can be strongest
Vantage Return This Month: na
  • #715,549
  • Dec 21, 2022 4:45am Dec 21, 2022 4:45am
Quoting Pat Chiko
{quote} GU Scalping SHORT{image}
GU
Last few days for Christmas shopping. Out to see what good to buy..
Came back after Eight hours of scalping, time to take out some.
End of scalping part 1.
Partial TP.
Taking out small money to buy myself a Christmas present.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #715,550
  • Dec 21, 2022 4:51am Dec 21, 2022 4:51am
Quoting Pat Chiko
{quote} GU Last few days for Christmas shopping. Out to see what good to buy.. Came back after Eight hours of scalping, time to take out some. End of scalping part 1. Partial TP. Taking out small money to buy myself a Christmas present.{image}
Pat,
Happy holiday to you and your family. Have a safe, healthy and prosperous new year!
  • #715,551
  • Dec 21, 2022 4:57am Dec 21, 2022 4:57am
Actually:

Wishing you all a happy holiday, & a safe, healthy and prosperous new year!
  • #715,552
  • Dec 21, 2022 5:05am Dec 21, 2022 5:05am
buy - 1.2134

stop loss - 1.2120

target - 1.2154
Together we can be strongest
Vantage Return This Month: na
  • #715,553
  • Dec 21, 2022 5:05am Dec 21, 2022 5:05am
U-turn maybe?
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  • #715,554
  • Dec 21, 2022 5:12am Dec 21, 2022 5:12am
Gbpusd short …. TP 1.2075
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“What I do have are a very particular set of skills that I have acquired”
  • #715,555
  • Dec 21, 2022 5:18am Dec 21, 2022 5:18am
Sinking slowly…. Be interesting to see if it means there is a bottoming out if so where is the bottom
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Insane in the Brain..
  • #715,556
  • Dec 21, 2022 5:19am Dec 21, 2022 5:19am
USDCAD LONG
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#BTA
My telegram: https://t.me/avidforex
  • #715,557
  • Dec 21, 2022 5:20am Dec 21, 2022 5:20am
Daily down swing (corrective)
Daily structure break
H4 double correction to daily corrective move

Entry was via H1 where the double correction is more visible with the last C wave being a 5 wave triangle

The point is that when you see the top/bottom of a wave is in and a new wave has began via whatever method you use , then trade within that wave be it corrective or impulsive.

Of course these double corrections are a pain.
Follow The Markets Structure - Patience and Discipline
  • #715,558
  • Dec 21, 2022 5:24am Dec 21, 2022 5:24am
Now that the majority are selling, observe how the market reverses. lol

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The market hides a perfect geometry.
  • #715,559
  • Dec 21, 2022 5:28am Dec 21, 2022 5:28am
all out !!!!
start the day with 42 $ loss because of the choppiness
the last move gave me 108 $ in profit
yes !!!!!!!!!!
withrawel time , 100 $ to go please
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yes yes yes
  • #715,560
  • Dec 21, 2022 5:31am Dec 21, 2022 5:31am
Quoting Pat Chiko
{quote} GU Last few days for Christmas shopping. Out to see what good to buy.. Came back after Eight hours of scalping, time to take out some. End of scalping part 1. Partial TP. Taking out small money to buy myself a Christmas present.{image}
GU

Trying some luck for the balance of trades.
Maybe it will break the ranges and go for the target.

I think we could get a nice healthy pullback to 1.196200 before moving up. ( target 3)

As for fundamental, selling pressure on GBP, as the US Dollar has recovered on higher interest rate peak guidance by the Federal Reserve.

Going out for dinner. Back afterward.

Take care and trade safe.

PAT
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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