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Cable Update (GBPUSD)

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  • Post #717,521
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  • Jan 3, 2023 10:24am Jan 3, 2023 10:24am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,275 Posts
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  • Post #717,522
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  • Jan 3, 2023 10:24am Jan 3, 2023 10:24am
  •  TheWolf
  • Joined May 2022 | Status: I'm Done | 2,577 Posts
USD/JPY Monthly Chart

We're getting closer and closer to 125.. I guess the price just wants to reach this level before heading up again it seems. It wants to get to this S zone..

Ohh.. I really hope the price get's to 125. Man what a trade that would be, to Buy from 125... then hold, hold and hold..
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  • Post #717,523
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  • Jan 3, 2023 10:30am Jan 3, 2023 10:30am
  •  Suren
  • | Joined Feb 2022 | Status: Member | 24 Posts
They say holiday market is volatile, today was more volatile than all the holiday
Learner
 
3
  • Post #717,524
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  • Jan 3, 2023 10:34am Jan 3, 2023 10:34am
  •  noox
  • | Joined Jan 2023 | Status: Member | 84 Posts
Hello nice people and happy new year!
I've been stalking this thread for a couple of months now and am amazed by some of the members' trades. My new year's resolution is to be more sociable and interact and hopefully learn a lot here.
My first trade of the year was to short the yearly close in gu at 2043, sl is already at 2017, hopefully it can get to that 1974 gap fill. One can always hope, LOL.
 
5
  • Post #717,525
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  • Jan 3, 2023 10:41am Jan 3, 2023 10:41am
  •  noox
  • | Joined Jan 2023 | Status: Member | 84 Posts
Well, gu never makes it easy, does it? Already stopped out, looking for reentry around 2027, sl 2060, tp still 1974.
 
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  • Post #717,526
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  • Jan 3, 2023 10:57am Jan 3, 2023 10:57am
  •  Sauce
  • | Joined Sep 2022 | Status: Member | 74 Posts
Took a scalp long hoping for the divergence to hold. Hello everyone.
Sl below 5 min low. tp 1.204
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  • Post #717,527
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  • Jan 3, 2023 11:03am Jan 3, 2023 11:03am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,445 Posts
Quoting Georginson
Disliked
Sold 1.2047... target 1.2000....
Ignored
Target Met...
Swing and Intraday
 
5
  • Post #717,528
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  • Jan 3, 2023 11:22am Jan 3, 2023 11:22am
  •  noox
  • | Joined Jan 2023 | Status: Member | 84 Posts
I don't like this dance at 1980, manually closed short before the 1974 target. Not gonna risk a bird in hand for 6 pips.
 
 
  • Post #717,529
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  • Jan 3, 2023 11:23am Jan 3, 2023 11:23am
  •  DragonT
  • | Joined Feb 2021 | Status: Member | 150 Posts
Pound starts to fall against dollar. Most likely, before the end of the week, the pound will fall to the level of 1.18750 and finally consolidate in this area.
 
 
  • Post #717,530
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  • Jan 3, 2023 11:27am Jan 3, 2023 11:27am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,999 Posts
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  • Post #717,531
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  • Jan 3, 2023 11:30am Jan 3, 2023 11:30am
  •  Yocam
  • Joined Dec 2019 | Status: Member | 127 Posts
HI EVERY ONE IMHO:
STILL ROOM DOWN TO GRAB LIQ. THEN FRIST FLIP ZONE TO MONITOR IS AROUND 1.164
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  • Post #717,532
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  • Jan 3, 2023 11:30am Jan 3, 2023 11:30am
  •  Cgpips
  • Joined Sep 2022 | Status: Member | 73 Posts
Today I learn patience is important.
I had shorts stuck at 1.19925 while it was hurry flying to 1.20464
Equipped with hedge
Finally it goes back , phew ... what a relief
Today's profit is great for me !! +104 pips
 
2
  • Post #717,533
  • Quote
  • Jan 3, 2023 11:36am Jan 3, 2023 11:36am
  •  Wavegarrick
  • Joined Sep 2017 | Status: Active | 3,044 Posts
Gu latest swing low at 1.19000 to swing high at 1.20565 ish a decent area to look for a buy trade at the 61.8% fib retrace at 1.19595 or just above towards the 50% fib retrace.
Cheers
Trade to trade another day
 
8
  • Post #717,534
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  • Jan 3, 2023 11:40am Jan 3, 2023 11:40am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,275 Posts
49 pips and runing
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  • Post #717,535
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  • Jan 3, 2023 11:41am Jan 3, 2023 11:41am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,220 Posts
Ok now what! Long 1.1964 SL 1.1940
naked trader ~ GBPUSD only!
 
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  • Post #717,536
  • Quote
  • Jan 3, 2023 11:49am Jan 3, 2023 11:49am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,603 Posts
Crazy mofo day! I think if 119 holds another rise testing 121 is on cards
 
4
  • Post #717,537
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  • Jan 3, 2023 11:52am Jan 3, 2023 11:52am
  •  sharingan9
  • Joined Mar 2015 | Status: Member | 999 Posts
Bears crushing longs again lol
 
 
  • Post #717,538
  • Quote
  • Jan 3, 2023 11:53am Jan 3, 2023 11:53am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,275 Posts
Quoting Yngwie
Disliked
Ok now what! Long 1.1964 SL 1.1940
Ignored
me too
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  • Post #717,539
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  • Jan 3, 2023 11:55am Jan 3, 2023 11:55am
  •  ToSatisfy
  • | Membership Revoked | Joined Nov 2022 | 304 Posts
Quoting DragonT
Disliked
Pound starts to fall against dollar. Most likely, before the end of the week, the pound will fall to the level of 1.18750 and finally consolidate in this area.
Ignored
That Is The Dragon



With Fire
Shekh In Desert
 
2
  • Post #717,540
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  • Edited 12:09pm Jan 3, 2023 11:56am | Edited 12:09pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 829 Posts
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bb stop sar same lvl pops go lower or ldn closed usually follows the trend
Relax, focus and trade what you see. Copyright
 
 
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