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Cable Update (GBPUSD)

  • #718,721
  • Jan 6, 2023 8:04am Jan 6, 2023 8:04am
Last Wednesday i deposited 112 $
Turned it to 688 $ in 3-4 days , then lost 438 to 250 $
And now back again to 618
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yes yes yes
  • #718,722
  • Jan 6, 2023 8:04am Jan 6, 2023 8:04am
Quoting Fardeen1209
{quote} Saw a daily RSF. The NFP momentum might push to that level to take out Liquidity then down. Still waiting to short The current level seems to accumulate massive amount of sell. Will open some sell on the 1 hr close. Then rest at 1.196 if it goes up there
could, watch the daily.
it could be dangerous, daily is right on the edge between drop to 1.16 to trap sellers and take it up to 1.22+ could be more before the real down move.

BUT its only a study case of mine.. nothing from the books.
  • #718,723
  • Jan 6, 2023 8:05am Jan 6, 2023 8:05am
Quoting elbert3
{quote}regards E
I couldnt get an entry personally

I think its telling that the weekly candle on dxy looks like it will only wick across 105 and close below (the main weekly SnR)

May have to wait (again) til Monday

GU seems to be responding to up moves on the dollar with more vigor than the down move which makes me think its still bearish for now (GU)
  • #718,724
  • Jan 6, 2023 8:06am Jan 6, 2023 8:06am
Quoting Moty
Last Wednesday i deposited 112 $ Turned it to 688 $ in 3-4 days , then lost 438 to 250 $ And now back again to 618 {image}
Lovely, Moty... Well done. :o)
  • #718,725
  • Jan 6, 2023 8:07am Jan 6, 2023 8:07am
Quoting TheWolf
USD/JPY H4 on some kind of Support while H4 on GBP/USD is on Resistance.. EUR/USD H4 same story as GBP/USD H4.. {image} {image}
You can keep an eye on the H4 and Daily here:

https://www.mataf.net/en/forex/tools/correlation

Cheers
Guy
  • #718,726
  • Jan 6, 2023 8:08am Jan 6, 2023 8:08am
I AM IN With OH BUYS

Target BIG ONE

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100 PIPS

That Would Make It 1.20045 Around

Its Hit I am Off Snooze
Shekh In Desert
  • #718,727
  • Jan 6, 2023 8:09am Jan 6, 2023 8:09am
Guys, the 2nd half of the game is still left. Don't forget the next RED NEWS in an hour. PUMP & DUMP like to follow each other. IMO
Success = Practice + Patience + Persistence
  • #718,728
  • Jan 6, 2023 8:09am Jan 6, 2023 8:09am
Quoting thewolf
gbp/usd h4 let the show begin! Ism services will pick usd up from the ground.. H4 closing right below the gray line! Anyway, i'm short and will remain short until either my sl is hit or i get a very nice profit.. Pat was right, spike then down, but not on nfp, rather ism.. {image}
ism can change a lot
  • #718,729
  • Jan 6, 2023 8:11am Jan 6, 2023 8:11am
Quoting TheWolf
GBP/USD H4 LET THE SHOW BEGIN! ISM SERVICES WILL PICK USD UP FROM THE GROUND.. H4 CLOSING RIGHT BELOW THE GRAY LINE! Anyway, I'm Short and will remain Short until either my SL is hit or I get a very nice profit.. Pat was right, spike then down, but not on NFP, rather ISM.. {image}
It will be difficult for the market to break the MMs but we just have to wait. At least EU. I believe GU will correlate.
POSTMASTER
  • #718,730
  • Jan 6, 2023 8:12am Jan 6, 2023 8:12am
GBP/USD Hourly

Price to watch for.. look where the Hourly candle will close.. below this price, we have a Short.. otherwise I'll reconsider my Short if it closes above gray and yellow lines.
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  • #718,731
  • Jan 6, 2023 8:17am Jan 6, 2023 8:17am
Quoting Georginson
{quote} Both transactions closed at 1.1915... 0 pip and +50 pips...
You did excellent job as always
  • #718,732
  • Jan 6, 2023 8:17am Jan 6, 2023 8:17am
Quoting Robinhood1
{quote} It will be difficult for the market to break the MMs but we just have to wait. At least EU. I believe GU will correlate.
Some music while waiting

Inserted Video
POSTMASTER
  • #718,733
  • Jan 6, 2023 8:17am Jan 6, 2023 8:17am
Quoting Whale
{quote} you really want this down mate
Because it is showing a setup ! setting it up to BE.
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"Exchange of hands"
  • #718,734
  • Jan 6, 2023 8:18am Jan 6, 2023 8:18am
Quoting Moty
Last Wednesday i deposited 112 $ Turned it to 688 $ in 3-4 days , then lost 438 to 250 $ And now back again to 618 {image}
Good job Moty
  • #718,735
  • Jan 6, 2023 8:18am Jan 6, 2023 8:18am
Quoting Robinhood1
{quote} It will be difficult for the market to break the MMs but we just have to wait. At least EU. I believe GU will correlate.
Look, H4 and Daily are saying Short..

Hourly is the critical TF I am looking right now, and this particular Hourly candle is critical where it will close..
  • #718,736
  • Jan 6, 2023 8:18am Jan 6, 2023 8:18am
Quoting BeeTogether
{quote} looks like spike is only a guest appearance
That's his style--jump in, make a move, disappear--in just a few seconds.
To free Gazans of Hamas, use whatever it takes.
  • #718,737
  • Jan 6, 2023 8:20am Jan 6, 2023 8:20am
Also the Price is Coming Off that Solid Demand

Probably it will rise upto 1.20808

Let See How It Develops

There is some Heavy News out still in ISM and Factory orders

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Shekh In Desert
  • #718,738
  • Jan 6, 2023 8:21am Jan 6, 2023 8:21am
Quoting SilentFather
Well, this looks very bad on H1. We will go up and then down. However this H1 candle needs to be "fixed". SF {image}
Just go into your history file and replace that H1 spike bar with one that has a range of around ATR(5) of the bars before it. Then you'll be right on track.
To free Gazans of Hamas, use whatever it takes.
  • #718,739
  • Jan 6, 2023 8:22am Jan 6, 2023 8:22am
Hourly testing S... will it break through??
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  • #718,740
  • Jan 6, 2023 8:22am Jan 6, 2023 8:22am
Interesting! I maybe still believe in me! xD

Before
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After
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Yay! I love this. Anyone interested, will give for free. Or check my thread for more ideas.

SF
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