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Cable Update (GBPUSD)

  • #719,381
  • Jan 9, 2023 8:23am Jan 9, 2023 8:23am
Quoting Erto
{quote} The trend is going up, why sell?
im asking, i dont know what to do.
where to buy?
  • #719,382
  • Jan 9, 2023 8:25am Jan 9, 2023 8:25am
Quoting Whale
{quote} What are you suggesting to do? Im looking to trade
Quoting Whale
{quote} Wowwww!!! Well done!!!
"I feel sick"
https://breakpullback.com
  • #719,383
  • Jan 9, 2023 8:27am Jan 9, 2023 8:27am
Quoting Erto
Why y'all so obsessed with selling it's not gonna happen
Its very simple, when the master says short, they all short.
Trade to trade another day
  • #719,384
  • Jan 9, 2023 8:27am Jan 9, 2023 8:27am
Price is stalling around 12190-12210. We might see a retrace or see a further surge tomorrow. Seems light on data today and tomorrow which affect the spikes and sometimes the direction. There could also be an area of the happy medium between 12450 and 11850 where we see sidelines
Insane in the Brain..
  • #719,385
  • Jan 9, 2023 8:27am Jan 9, 2023 8:27am
Quoting Whale
{quote} im asking, i dont know what to do. where to buy?
Look for your nearest resistance and make your entry immediately after it confirms the break above that resistance.

You can then target your next level as take profit or target pips etc
I'm enjoying the wins because I was once terrified by loses
  • #719,386
  • Jan 9, 2023 8:31am Jan 9, 2023 8:31am
Quoting Whale
{quote} Wowwww!!! Well done!!!
Thanks Whale!! Hope trading is serving you well too!!!
  • #719,387
  • Jan 9, 2023 8:31am Jan 9, 2023 8:31am
Quoting eyefeelsix
{quote} {quote} "I feel sick"
Im sending you a cup of tea with camomile
  • #719,388
  • Jan 9, 2023 8:36am Jan 9, 2023 8:36am
Quoting tiborf71
{quote} you started shorting early. gbp/usd.
haha... that is correct. Sometimes, I arrived at a party, when drinks were not even served yet. Needing to wait for two more hours before actual emcee arrives.

This thing might go up to 1.25 before it comes right now. Let's see.
  • #719,389
  • Jan 9, 2023 8:41am Jan 9, 2023 8:41am
Quoting Wavegarrick
{quote} Its very simple, when the master says short, they all short.
never follow a blind man when you can see
MY OPINION NOT FINANCIAL ADVISE
  • #719,390
  • Jan 9, 2023 8:42am Jan 9, 2023 8:42am
This PA was there since mid December closing of 1.2x clearly give buyers hedge

more liquidity before any sell

1.27
1.30
1.32 in Q1
MY OPINION NOT FINANCIAL ADVISE
  • #719,391
  • Jan 9, 2023 8:43am Jan 9, 2023 8:43am
Quoting Erto
{quote} The trend is going up, why sell?
ITs not a very argument, as it depends on tf too

And trend was down prior to NFP, look now where we are now
COT: The precious data ignored
  • #719,392
  • Jan 9, 2023 8:47am Jan 9, 2023 8:47am
Quoting Whale
{quote} Im sending you a cup of tea with camomile
i missed you, you should come more, find some extra time for me.
  • #719,393
  • Jan 9, 2023 8:48am Jan 9, 2023 8:48am
Hmmm
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MY OPINION NOT FINANCIAL ADVISE
  • #719,394
  • Jan 9, 2023 8:49am Jan 9, 2023 8:49am
Quoting kuroro001
{quote} ITs not a very argument, as it depends on tf too And trend was down prior to NFP, look now where we are now
How do you determine your trend direction?
I'm enjoying the wins because I was once terrified by loses
  • #719,395
  • Jan 9, 2023 8:53am Jan 9, 2023 8:53am
Quoting Erto
{quote}How do you determine your trend direction?
21 EMA
  • #719,396
  • Jan 9, 2023 8:53am Jan 9, 2023 8:53am
Quoting Erto
{quote}How do you determine your trend direction?
Lots of ways, could be hh ll, or with MA, or if it breaks specific area

dozens of way imo
COT: The precious data ignored
  • #719,397
  • Jan 9, 2023 8:54am Jan 9, 2023 8:54am
Quoting donfriday
{quote} never follow a blind man when you can see
A better saying for me is, "The blind leading the blind"
Cheers.
Trade to trade another day
  • #719,398
  • Jan 9, 2023 8:57am Jan 9, 2023 8:57am
Quoting mysterio
{quote} Re-sold {image} {image}
Second trade failed :/ Oh well. Sort of expected that large imbalance to fill from the rise, but i've lost count of the times i've made that mistake---start of trends are often like this

We could reach 1.2225-30+ before the pullback (daily fvg). Will aim at that tomorrow. DXY to touch daily demand starting at 102.839.

There's a new H4 demand around 1.21 to be tested.
  • #719,399
  • Jan 9, 2023 8:58am Jan 9, 2023 8:58am
On the 4H I’m seeing a move towards 124 maybe just a bit lower say 12350 ish
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Insane in the Brain..
  • #719,400
  • Jan 9, 2023 8:58am Jan 9, 2023 8:58am
Quoting Headland
...this upmove showing signs of weakening on 1hr/30min/15min but bulls could still have another 'thrust' in them? Current dly hi sneaking a bit deeper into the 4hr part of that prev 1hr/4hr sw hi zone that extends up to 2192, = prev res = pot res, after that p/back to a prev 1hr sw hi zone and 4hr part of a separate prev 1hr/4hr sw hi zone = prev res = pot rbs. Look at the 'character' of the upmove since Fri/last week's lo - shallow p/backs so far.... anything over 40-45 would be 'out of character' and maybe more significant? 4hr below...
Just back at desk updating charts/seeing what I missed. So, bulls did have a further thrust up in them...price @ the current 2210 dly hi in the 4hr part of a prev 1hr/4hr sw hi zone that extends up to 2224, above that another of the same up to 2241, = prev res = pot res. price is now above the 61.8% of the total 2445-1840 recent fall, (76.4% is @ 2302.) Its is also currently above mMhly Pivot and Wkly R1.

4hr below
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