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Cable Update (GBPUSD)

  • #721,701
  • Jan 18, 2023 8:09am Jan 18, 2023 8:09am
Quoting palpite
EURGBP is pushing the GU to up. The USD Index not is dropping.
DXY is already down 0.65%, whatever did you mean by not dropping?
  • #721,702
  • Jan 18, 2023 8:10am Jan 18, 2023 8:10am
Don't get confused by falling sword and the Raging Bull we clearly have a Raging Bull
average dude treading water
  • #721,703
  • Jan 18, 2023 8:12am Jan 18, 2023 8:12am
sometimes its funny to see this indi...
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  • #721,704
  • Jan 18, 2023 8:14am Jan 18, 2023 8:14am
No drop in sight yet. UK and US data not helping at all lol. Maybe next week let’s see.
Insane in the Brain..
  • #721,705
  • Jan 18, 2023 8:15am Jan 18, 2023 8:15am
Seriously...WTF?
  • #721,706
  • Jan 18, 2023 8:16am Jan 18, 2023 8:16am
Attention...
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Always trade your own plan...I don't provide trading signals.
  • #721,707
  • Jan 18, 2023 8:17am Jan 18, 2023 8:17am
if I want to sell.. at least she have to break the trend line 1st... she at top.. maybe, but going down?.. break the trend line 1st...hahaha
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  • #721,708
  • Jan 18, 2023 8:18am Jan 18, 2023 8:18am
One hour candle powerful 4 Hour candle powerful and Americans are just waking up
average dude treading water
  • #721,709
  • Jan 18, 2023 8:20am Jan 18, 2023 8:20am
Quoting MrFanciful
Seriously...WTF?
too much redBULL, GU got wings
"the public is not yet ready for it" W.D. GANN
  • #721,710
  • Jan 18, 2023 8:20am Jan 18, 2023 8:20am
Quoting BeeTogether
No drop in sight yet. UK and US data not helping at all lol. Maybe next week let’s see.
Every time it starts a small decline, it's data time and the data simply wrecks USD.

Unless Bullard comes out extremely hawkish in 9 minutes time, I'm not sure how USD bulls are going to fare.
  • #721,711
  • Jan 18, 2023 8:21am Jan 18, 2023 8:21am
I bought right at the open of the bullish 30 minute candle at 5:30 UTC this morning but it turned around on the lower timeframe and I thought it was starting to head down. Closed for a 1.9 pip profit.

Perhaps the worst decision of the year so far.
  • #721,712
  • Jan 18, 2023 8:23am Jan 18, 2023 8:23am
Quoting bilal1947
Expecting GU to tag the Daily OB, and sweep it Before: {image} After: {image}
Will sweep the Daily OB.20 pips to go
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"Exchange of hands"
  • #721,713
  • Jan 18, 2023 8:25am Jan 18, 2023 8:25am
If it gets to 1.245, it'll not have been there since June.
  • #721,714
  • Jan 18, 2023 8:32am Jan 18, 2023 8:32am
$ in red
  • #721,715
  • Jan 18, 2023 8:33am Jan 18, 2023 8:33am
Reversal time
  • #721,716
  • Jan 18, 2023 8:35am Jan 18, 2023 8:35am
Quoting Coreg2004
Attention... {image}
I can't see 98.000
  • #721,717
  • Jan 18, 2023 8:35am Jan 18, 2023 8:35am
shorting in NY session not prefered.

I got stopped out twice.

Will take in Asia open
Intraday only.
  • #721,718
  • Jan 18, 2023 8:38am Jan 18, 2023 8:38am
Fully BOOKED and OUT.

correlations:
EU - booked
AU - booked
NU - booked

GU
- held 1,195 rest position (riskfree)
- held 1.21 rest position (riskfree)
- Tue + Wed scalings: took partials around 12:00 @ 1.2375, covered all longs and set Stops riskfree
- manualy closed all longs @1.243 one minute before NY Open (called 1.245 all week, had targets sitting @1.244)
- Negative: found time in between yelling at brickwall, stop doing this, concentrate!

17% total Green
Max. drawdown -2.3% (Monday)
and now I go get some sleep...
aaahhh I love Japan, it's beautiful, and so reliable
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you are not expected to understand this
  • #721,719
  • Jan 18, 2023 8:44am Jan 18, 2023 8:44am
Quoting Sauce
Reversal time
can’t see it happen today
Insane in the Brain..
  • #721,720
  • Jan 18, 2023 8:50am Jan 18, 2023 8:50am
Quoting sharingan9
GU bullish but hitting up against strong resistance against monthly and weekly pivots. Market cannot facilitate trade above monthly pivot. I think it will range and it may even go lower unless value of day is found above monthly which has yet to happen
Shorts ill-advised. GU bullish since Jan 6 according to value



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