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Cable Update (GBPUSD)

  • #718,461
  • Jan 6, 2023 2:41am Jan 6, 2023 2:41am
I am leaving the trade on, this is just mind games now. Short, short and nothing besides short.
In Short We Trust.

So London pushed the price as if a great Bull run is incoming, however, price stagnated and fell down into abyss..

Just my thoughts..
  • #718,462
  • Jan 6, 2023 2:42am Jan 6, 2023 2:42am
Quoting TheWolf
I am leaving the trade on, this is just mind games now. Short, short and nothing besides short. In Short We Trust.
And then there was the previous day's low...
  • #718,463
  • Jan 6, 2023 2:44am Jan 6, 2023 2:44am
Quoting Moty
Took long at 1.18873 weekly s3
Y's low still holding
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yes yes yes
  • #718,464
  • Jan 6, 2023 2:44am Jan 6, 2023 2:44am
Quoting SilentFather
{image} 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
Will you try and catch NFP with me today? Haha
  • #718,465
  • Jan 6, 2023 2:44am Jan 6, 2023 2:44am
Quoting TheWolf
{quote} You almost had it.. 10 pips higher though. Almost, almost.. Nice!
I was trend looking. And in that way I forgot the low of yesterday. Which has also a support from weekly. If NFP is not that strong, it could stay maybe the lowest value
  • #718,466
  • Jan 6, 2023 2:46am Jan 6, 2023 2:46am
Anyway, I need to exercise patience as I already said yesterday.. this is a perfect opportunity for that. London Open, this is a real stress test.
  • #718,467
  • Jan 6, 2023 2:48am Jan 6, 2023 2:48am
Inserted Video
"Exchange of hands"
  • #718,468
  • Jan 6, 2023 2:48am Jan 6, 2023 2:48am
Quoting TheWolf
{quote} You almost had it.. 10 pips higher though. Almost, almost.. Nice!
PATIANCE
average dude treading water
  • #718,469
  • Jan 6, 2023 2:49am Jan 6, 2023 2:49am
Waiting.
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The market hides a perfect geometry.
  • #718,470
  • Jan 6, 2023 2:49am Jan 6, 2023 2:49am
GBP/USD Daily

Closer, and closer..
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  • #718,471
  • Jan 6, 2023 2:51am Jan 6, 2023 2:51am
It’s almost copy and paste of yesterday’s opening down 20-30 pips a little retrace and data comes out to send the pair down 100 pips
Insane in the Brain..
  • #718,472
  • Jan 6, 2023 2:54am Jan 6, 2023 2:54am
Pff... I'm out at zero on the last trade. If I'm 10 pips in profit and price reaches the entry, then so be it, I'm not going from 10 pips of profit into a losing trade. No chance..

See you at NFP, I'm done with London. Earned some money on that first Sell and that's fine. See you fellas and good luck!
  • #718,473
  • Jan 6, 2023 2:55am Jan 6, 2023 2:55am
Long 1.1883 SL 1.1870
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #718,474
  • Jan 6, 2023 2:55am Jan 6, 2023 2:55am
Quoting TheWolf
{quote} Will you try and catch NFP with me today? Haha
You mean buy and then sell on high? ;D

SF
  • #718,475
  • Jan 6, 2023 2:56am Jan 6, 2023 2:56am
Let's go for a doubler LONG and SHORT @11883 no sl tp +3
  • #718,476
  • Jan 6, 2023 2:57am Jan 6, 2023 2:57am
Quoting Waveskierrob
Let's go for a doubler LONG and SHORT @11883 no sl tp +3
LONG tp hit +3
  • #718,477
  • Jan 6, 2023 2:59am Jan 6, 2023 2:59am
Quoting Robinhood1
{quote} I am short cadjpy 98.81 and UJ is almost there if not already happened.
I believe UJ good entry short now. Its 134.35
POSTMASTER
  • #718,478
  • Jan 6, 2023 3:00am Jan 6, 2023 3:00am
...so some more demand lower into that prev 1hr/minor 4hr sw lo zone = prev supp = pot supp that extends down to y/day's 1873 lo, but bulls right now struggling to get north of the prev 30min sw lo zone = prev supp = pot sbr and the underside of breached 4hr asc t/line that joins 0327 with 1873.

How determined are the bears this side of u.s NFP?

1hr below
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Trader with an Edge.
  • #718,479
  • Jan 6, 2023 3:00am Jan 6, 2023 3:00am
Quoting Yngwie
Long 1.1883 SL 1.1870
Please indicate why. From 15 min to 1 day this looks short! The USDX is pushing higher. Is it just the resistance at this level?
  • #718,480
  • Jan 6, 2023 3:02am Jan 6, 2023 3:02am
Quoting Waveskierrob
Let's go for a doubler LONG and SHORT @11883 no sl tp +3
SHORT tp hit +3
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