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Cable Update (GBPUSD)

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  • Post #716,561
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  • Dec 28, 2022 4:08am Dec 28, 2022 4:08am
  •  pipcenturion
  • Joined May 2013 | Status: Member | 1,511 Posts
Quoting pipcenturion
Disliked
I expect this trajectory for GU today: 1.2052 to 1.2019 and then 1.2134
Ignored
1.2052 (done)
1.2019 (done)
1.2134 ???
 
3
  • Post #716,562
  • Quote
  • Dec 28, 2022 4:24am Dec 28, 2022 4:24am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,732 Posts | Online Now
Current price to r1 probably.

stop today low
Intraday only.
 
1
  • Post #716,563
  • Quote
  • Dec 28, 2022 4:33am Dec 28, 2022 4:33am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,191 Posts
Long 1.2025 SL 1.2018
naked trader ~ GBPUSD only!
 
2
  • Post #716,564
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  • Dec 28, 2022 4:45am Dec 28, 2022 4:45am
  •  sharingan9
  • Joined Mar 2015 | Status: Member | 999 Posts
GU looking bearish. I feel price may break the low of 1.1991. If this happens here are potential outlooks:

1. Price goes down to S1(1.1943) and bounces up to above weekly pivot 1.2093. If price forms consolidation in US session above this weekly pivot we can see a rise up.

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2. Price goes down and breaks below S1(1.1943) and US forms consolidation below S1 which indicates a drop lower to perhaps the S2

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1
  • Post #716,565
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  • Dec 28, 2022 4:47am Dec 28, 2022 4:47am
  •  ToSatisfy
  • | Membership Revoked | Joined Nov 2022 | 304 Posts
Although I Am Long But its still very Bearish

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Shekh In Desert
 
1
  • Post #716,566
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  • Dec 28, 2022 4:53am Dec 28, 2022 4:53am
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,055 Posts
Quoting Yngwie
Disliked
Long 1.2025 SL 1.2018
Ignored
Not cooperating today!
Stubborn, often slow but still learning!
 
1
  • Post #716,567
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  • Dec 28, 2022 5:10am Dec 28, 2022 5:10am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,191 Posts
Quoting dantpm
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{quote} Not cooperating today!
Ignored
Price so stubborn today not as usual. Hope this one can reach target at least 1.2060
naked trader ~ GBPUSD only!
 
2
  • Post #716,568
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  • Dec 28, 2022 5:20am Dec 28, 2022 5:20am
  •  pipcenturion
  • Joined May 2013 | Status: Member | 1,511 Posts
Quoting pipcenturion
Disliked
{quote} 1.2052 (done) 1.2019 (done) 1.2134 ???
Ignored
There is a probable supply level at 1.20828 but I am not sure this will hold.
 
1
  • Post #716,569
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  • Dec 28, 2022 5:26am Dec 28, 2022 5:26am
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,055 Posts
Quoting Yngwie
Disliked
{quote} Price so stubborn today not as usual. Hope this one can reach target at least 1.2060
Ignored
It is almost as if it "heard you" and turned around !
Price appears to be oscillating between support and resistance volume zones.
Stubborn, often slow but still learning!
 
 
  • Post #716,570
  • Quote
  • Dec 28, 2022 5:40am Dec 28, 2022 5:40am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
What's playing, folks?

Staring at the chart, I have 1.205326. marked out. An H1 close above the mentioned level on the H1 will initiate a bull wave that may provide at least 200–400 pips. Based on the PA and time structure, I anticipate the BO today and a retracement of the entry set for tomorrow. However, it is wise to operate step by step. That being said, let's wait for the H1 break above 1.205326 first.

Take care, gang
 
2
  • Post #716,571
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  • Dec 28, 2022 5:41am Dec 28, 2022 5:41am
  •  ToSatisfy
  • | Membership Revoked | Joined Nov 2022 | 304 Posts
Eurusd moving Down

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Target the Green line

1.057.. something
Shekh In Desert
1
 
  • Post #716,572
  • Quote
  • Dec 28, 2022 5:48am Dec 28, 2022 5:48am
  •  suhas316
  • Joined Aug 2014 | Status: Member | 509 Posts
Quoting suhas316
Disliked
Target 65 pips 40+ pips now {image}
Ignored
55+ pips now

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Born to Trade Forex !!!
 
1
  • Post #716,573
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  • Dec 28, 2022 5:51am Dec 28, 2022 5:51am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,013 Posts
Quoting Pat Chiko
Disliked
{quote} GU moving towards target on LO.{image}
Ignored
GU

End of Scalping.
Waitinng for SHORT Scalping set up.
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I come from the future.
 
10
  • Post #716,574
  • Quote
  • Dec 28, 2022 5:56am Dec 28, 2022 5:56am
  •  trade866
  • Joined Dec 2011 | Status: Member | 59 Posts
GU trade in this 30 pips range which Daily,Weekly and Monthly OPEN
 
 
  • Post #716,575
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  • Dec 28, 2022 6:02am Dec 28, 2022 6:02am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting JayBag
Disliked
What's playing, folks? Staring at the chart, I have 1.205326. marked out. An H1 close above the mentioned level on the H1 will initiate a bull wave that may provide at least 200–400 pips. Based on the PA and time structure, I anticipate the BO today and a retracement of the entry set for tomorrow. However, it is wise to operate step by step. That being said, let's wait for the H1 break above 1.205326 first. Take care, gang
Ignored
The first and most important part is done.
Now, I expect some move up north followed by a retrace

IMHO, GU is officially bullish. I will wait for retrace to provide me a reasonable entry

Take Care
 
3
  • Post #716,576
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  • Dec 28, 2022 6:02am Dec 28, 2022 6:02am
  •  F.g
  • Joined Aug 2016 | Status: Member | 6,568 Posts
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Sold here , again..... and have a pending at 1.20 65 . . . .too . . . .

 
1
  • Post #716,577
  • Quote
  • Dec 28, 2022 6:09am Dec 28, 2022 6:09am
  •  F.g
  • Joined Aug 2016 | Status: Member | 6,568 Posts
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..... Most interesting situation . . . let s see what happens now.....

 
1
  • Post #716,578
  • Quote
  • Dec 28, 2022 6:21am Dec 28, 2022 6:21am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,013 Posts
Quoting Pat Chiko
Disliked
{quote} GU End of Scalping. Waitinng for SHORT Scalping set up.{image}
Ignored
GU

Last two position to close at QM and confluence of TL.
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I come from the future.
 
8
  • Post #716,579
  • Quote
  • Edited 6:41am Dec 28, 2022 6:22am | Edited 6:41am
  •  mrluckystar
  • Joined May 2011 | Status: Balance sh*t | 2,062 Posts
Quoting mrluckystar
Disliked
{quote} 1.2070 will be the decider... As for me trading both side {image}
Ignored
Seller step in?

Check out eu and nu.. both at RSF H4
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Peace Yo!
 
3
  • Post #716,580
  • Quote
  • Dec 28, 2022 6:30am Dec 28, 2022 6:30am
  •  RCtrader
  • Joined Aug 2018 | Status: Joyful and Proud | 1,816 Posts
Bullish outlook for gbpusd, I'm already in.
Risk Management is of utmost importance!
 
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