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Cable Update (GBPUSD)

  • #718,441
  • Jan 6, 2023 2:27am Jan 6, 2023 2:27am
30M candle is closing below 1.1910..
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  • #718,442
  • Jan 6, 2023 2:27am Jan 6, 2023 2:27am
Quoting TheWolf
LONDON is giving up.. {image}
Giving up or not prepared to commit yet?
  • #718,443
  • Jan 6, 2023 2:28am Jan 6, 2023 2:28am
Quoting TheWolf
LONDON is giving up.. {image}
a) downtrend (LLs & LHs)
b) retracement at weekly pivot S3
Why would anyone need London (personification) to understand that?
  • #718,444
  • Jan 6, 2023 2:28am Jan 6, 2023 2:28am
Quoting TheWolf
GBP/USD 15M Short no? {image}
This particular trade hit SL unfortunately..
  • #718,445
  • Jan 6, 2023 2:28am Jan 6, 2023 2:28am
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morning state of play as we see it . Be careful if it breaks the top range line at 1940 as it could ???? Make it look false . We know the target shot . Let’s see if it can get down there today
  • #718,446
  • Jan 6, 2023 2:30am Jan 6, 2023 2:30am
Quoting dantpm
{quote} Giving up or not prepared to commit yet?
I think Pat Chiko is right yet again. Pound will fall until NFP and then go up on NFP..
  • #718,447
  • Jan 6, 2023 2:31am Jan 6, 2023 2:31am
Quoting dantpm
{quote} My sense is that there is a negative bias for the day for the GU coming on the heals of yesterdays employment numbers and the market reaction.
Careful. 250+ pip rally expected over the coming week, here. We'll see, wouldn't be the first time I was wrong. But like I say I'm waiting for this support to breach first in the afternoon

edit-- just looked and looks like we're away to grab it now.

Actually finding a precise entry with good RR, and closing it with a profit is the difficult part
  • #718,448
  • Jan 6, 2023 2:32am Jan 6, 2023 2:32am
Quoting dantpm
{quote} Giving up or not prepared to commit yet?
My vote is for this one ---> not prepared to commit yet
To free Gazans of Hamas, use whatever it takes.
  • #718,449
  • Jan 6, 2023 2:32am Jan 6, 2023 2:32am
Quoting josi
{quote} a) downtrend (LLs & LHs) b) retracement at weekly pivot S3 Why would anyone need London (personification) to understand that?
I like to take things personally.. haha..
  • #718,450
  • Jan 6, 2023 2:33am Jan 6, 2023 2:33am
Short again and now I wait.. see you fellas in half an hour to see where we stand with these Shorts..

Damn, price went down as I was writing this hahahaah

Took profit on one trade, leaving another..
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  • #718,451
  • Jan 6, 2023 2:34am Jan 6, 2023 2:34am
And there she gooo"s
average dude treading water
  • #718,452
  • Jan 6, 2023 2:34am Jan 6, 2023 2:34am
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My telegram: https://t.me/avidforex
  • #718,453
  • Jan 6, 2023 2:35am Jan 6, 2023 2:35am
1.1866 buy place
  • #718,454
  • Jan 6, 2023 2:35am Jan 6, 2023 2:35am
Quoting Waveskierrob
SHORT GU 11890 no sl no tp.....
Closed SHORT 11880 +10 ....thanks GU for the +50 pips this morning may use you again later .....
  • #718,455
  • Jan 6, 2023 2:35am Jan 6, 2023 2:35am
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touch down
  • #718,456
  • Jan 6, 2023 2:37am Jan 6, 2023 2:37am
Long
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  • #718,457
  • Jan 6, 2023 2:37am Jan 6, 2023 2:37am
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Today's NFP will probably just make new spike up to attract some buyers thinking GBPUSD will go up again. But we could sell it somewhere about 1.1950. Maybe they'll just take the gap. 1.1970 would be pretty nice. Or it will make new high and then we'll continue sideways until new trend & sentiment change.

Let's see. But it's possible because 69% buy GBPUSD. Until this changes to sell we will go only down.

SF
  • #718,458
  • Jan 6, 2023 2:38am Jan 6, 2023 2:38am
Quoting BigNumbers
{image}
Good tp target down there holding my nerves till then is a wobbly situation...
average dude treading water
  • #718,459
  • Jan 6, 2023 2:38am Jan 6, 2023 2:38am
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  • #718,460
  • Jan 6, 2023 2:39am Jan 6, 2023 2:39am
Quoting Eren10
1.1866 buy place
You almost had it.. 10 pips higher though. Almost, almost.. Nice!
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