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Cable Update (GBPUSD)

  • #722,501
  • Jan 22, 2023 3:49pm Jan 22, 2023 3:49pm
Here's a technical perspective on GBPUSD from a medium-term swing trader.

GBPUSD price action on the daily time frame is retesting the 1.23300/1.24400 daily supply area (red), which adjoins the lower part of the 1.24570/1.26570 horizontal resistance zone (purple) seen on the weekly time frame. Presently, there is a decline in bullish momentum, but we cannot rule out further northward market engineering in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #722,502
  • Edited 5:55pm Jan 22, 2023 4:09pm | Edited 5:55pm
Word of the Day : January 22, 2023 webster
short sh Grift somewhere jews know...גריפט hidden Gebrew
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  • #722,503
  • Jan 22, 2023 4:30pm Jan 22, 2023 4:30pm
Before the End of Asia session we should know the direction of the market. Now it seems directionless!
My telegram: https://t.me/avidforex
  • #722,504
  • Jan 22, 2023 4:44pm Jan 22, 2023 4:44pm
Quoting BigNumbers
Before the End of Asia session we should know the direction of the market. Now it seems directionless!
Too many levels on GBPUSD. Here is what I think…
If we break above then we can Ride it to the next level. We just have to wait for the algorithm to start kicking.
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  • #722,505
  • Jan 22, 2023 5:04pm Jan 22, 2023 5:04pm
Omegalul it hit a key level limit order cascade. Created a huge green candle.

i'm shorting it from top of that candle.
You have an IQ lower than 90 if you interact with this user.
  • #722,506
  • Jan 22, 2023 5:12pm Jan 22, 2023 5:12pm
Quoting Ferna
Omegalul it hit a key level limit order cascade. Created a huge green candle. i'm shorting it from top of that candle.
Best post this morning with a trader actually not focusing on predictions.
Nice plan, let’s wait to see if we see a thrust down candle first.
At present the buyers and sellers can’t move the market, limit orders density is the boss at present
Trading thin liquidity at the boundary of the charts
  • #722,507
  • Jan 22, 2023 5:16pm Jan 22, 2023 5:16pm
The risk worth taken.

Good luck
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  • #722,508
  • Jan 22, 2023 6:16pm Jan 22, 2023 6:16pm
GBP/USD
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  • #722,509
  • Jan 22, 2023 6:19pm Jan 22, 2023 6:19pm
Losing is part of the game… Let’s try this!
EURUSD LONG

We are going to take the trade as long as the risk is worth it. One step at a time!
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  • #722,510
  • Jan 22, 2023 7:04pm Jan 22, 2023 7:04pm
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  • #722,511
  • Jan 22, 2023 7:25pm Jan 22, 2023 7:25pm
add sell - 1.2433
Together we can be strongest
Vantage Return This Month: -97.0%
  • #722,512
  • Jan 22, 2023 7:43pm Jan 22, 2023 7:43pm
I might be crazy, but I'm scalping GU for 25 pips
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  • #722,513
  • Jan 22, 2023 7:55pm Jan 22, 2023 7:55pm
Quoting Moty
A sudden amount of money rolled into my hands, so I'll be back tomorrow i will look to trade only 10 pips per trade {image}
Stick to your plan, keep small position, wish you all the best
  • #722,514
  • Edited 10:01pm Jan 22, 2023 8:40pm | Edited 10:01pm
5 min do the Math tRow in i'm watchin It's On For The World's Largest Off Road Wrecker...
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?fill the gap
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  • #722,515
  • Jan 22, 2023 8:53pm Jan 22, 2023 8:53pm
Asian short trade going on now.

Let us see how it goes.

I took this short trade based on current 4 hr candle
Intraday only.
  • #722,516
  • Jan 22, 2023 9:32pm Jan 22, 2023 9:32pm
Sold 1.2444
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #722,517
  • Jan 22, 2023 9:38pm Jan 22, 2023 9:38pm
Quoting Pat Chiko
{quote} GU Update position as I left in hurry on Friday for party and clubbing. Only one target achieved, next one still open and hoping to see a gap up on Monday (if got luck.) Daily TF{image}H4{image}M30{image} Weekly Calender{image} DXY{image} Got to run now, as tonight attending another party with few friends in Kuala Lumpur for Chinese New Year Party/Clubbing. Tomoroow is holiday.......... (Not sure if I wake up until NYO) Take care and trade safely, May all the green pips with us. PAT Chiko P/S The best part...

GU

End of scalping.
Consolidation until NYO
As the process of accumulating continue for one final push for LQ.

Take care and trade safe.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #722,518
  • Jan 22, 2023 9:43pm Jan 22, 2023 9:43pm
Quoting Pat Chiko
{quote} GU End of scalping. Consolidation until NYO As the process of accumulating continue for one final push for LQ. Take care and trade safe. {image}
You are an amazing trader!!!
  • #722,519
  • Jan 22, 2023 9:49pm Jan 22, 2023 9:49pm
Quoting Pat Chiko
{quote} GU End of scalping. Consolidation until NYO As the process of accumulating continue for one final push for LQ. Take care and trade safe. {image}
hello sir, may GU going to drop soon?
  • #722,520
  • Jan 22, 2023 9:50pm Jan 22, 2023 9:50pm
Quoting suhas316
{quote} Buy Cable @ 1.23617 or in d zone ( in whole day when Cable will come in this zone buy it ) Stop loss 30 pips Target 45-75 pips {image}
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!! Radha Radha !!
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