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Cable Update (GBPUSD)

  • #723,461
  • Jan 26, 2023 2:32am Jan 26, 2023 2:32am
shortto1.225
  • #723,462
  • Jan 26, 2023 2:33am Jan 26, 2023 2:33am
Another bounce from 101.300 at dxy
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yes yes yes
  • #723,463
  • Jan 26, 2023 2:34am Jan 26, 2023 2:34am
Is a new weekly high on the cards?
  • #723,464
  • Jan 26, 2023 2:34am Jan 26, 2023 2:34am
Next technical points ..
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f
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #723,465
  • Jan 26, 2023 2:35am Jan 26, 2023 2:35am
Quoting Yngwie
{quote} Potential to reach 1.2440 but manually closed for 80 pips
Bulls want 1.2440
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #723,466
  • Jan 26, 2023 2:35am Jan 26, 2023 2:35am
Quoting DrDave
{quote} Market tend to do whatever to hurt the most numbers of people It SEEMS like that is what is going on, but the reality is, the ALGORITHM doesn't have any kind of agenda other than finding liquidity to use as fuel to travel to it's next objective. And recent numbers indicate that retail trades now comprise about 30% of the Forex trades. So when the MM needs to get price to the next objective, who is going to have orders readily available to be the counter-party to his trades? Those retailers' orders that are in sitting at OBVIOUS places like...
Bear in mind that retailers are irelevant. There is a small % of wholesalers that hold huge orders at swing reversals trading the market. The algo can only rip off retailers through insider información.
POSTMASTER
  • #723,467
  • Jan 26, 2023 2:37am Jan 26, 2023 2:37am
Quoting Yngwie
{quote} Bulls want 1.2440
Aren't they supposed to get that and more after a move down?
  • #723,468
  • Jan 26, 2023 2:42am Jan 26, 2023 2:42am
Quoting Moty
Another bounce from 101.300 at dxy {image}
DXY is an absolute mess. Can't see how you can make heads nor tails of it
  • #723,469
  • Jan 26, 2023 2:50am Jan 26, 2023 2:50am
what an arsehole move that was
  • #723,470
  • Jan 26, 2023 2:52am Jan 26, 2023 2:52am
we seem to be at a an important support level for dxy
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  • #723,471
  • Jan 26, 2023 2:52am Jan 26, 2023 2:52am
Quoting Indiara
{quote} Trade is now protected, so is a free ride {image}
USDX pushing up has spoiled my GU trade and made the SL get eaten. Never mind, nothing lost.

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I am neither brave nor stupid...I am just a part time trader
  • #723,472
  • Jan 26, 2023 2:54am Jan 26, 2023 2:54am
Quoting MrFanciful
Is a new weekly high on the cards?
why not, wanna try?
  • #723,473
  • Jan 26, 2023 2:56am Jan 26, 2023 2:56am
Quoting BigNumbers
{quote} The Algo has not kicked yet for short. Price may go for more liquidity at the upside again.
Is this the 1 hr close you were looking for?
  • #723,474
  • Jan 26, 2023 2:57am Jan 26, 2023 2:57am
1.2375 need to hold for Bulls
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #723,475
  • Jan 26, 2023 2:58am Jan 26, 2023 2:58am
GU H4 short taken @ 1.24300 area
SL was @ 1.24500 area (critical resistance area ) 20-25 pip ,

Now order protected by positive sl and got hitted ..

Take care everyone
Stay blessed
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  • #723,476
  • Jan 26, 2023 2:58am Jan 26, 2023 2:58am
https://www.livecharts.co.uk/Members...rex_pivots.php

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to much work movin fibs...
  • #723,477
  • Jan 26, 2023 2:59am Jan 26, 2023 2:59am
D,4h,1h,30m on the same pattern for me, this could be bad, real bad.

sl is mandatory today. both ways.
  • #723,478
  • Jan 26, 2023 2:59am Jan 26, 2023 2:59am
I have a UJ Buy now, which is more in line with USDX at the moment.

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I am neither brave nor stupid...I am just a part time trader
  • #723,479
  • Jan 26, 2023 3:00am Jan 26, 2023 3:00am
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weekly 2500 and up or is it down . .???
  • #723,480
  • Jan 26, 2023 3:05am Jan 26, 2023 3:05am
Quoting montygoldy
Trying a small short at 1.24140… for 10 pips
tp hit
Extreme gut feeling trader
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