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Cable Update (GBPUSD)

  • #725,521
  • Feb 2, 2023 3:41am Feb 2, 2023 3:41am
Is there an economist? Who can predict this? What news makes the diarrhea of the English so continuous! more than 1 hour !!! Where do I have to read to know this type of situation? Please, I want to learn!
  • #725,522
  • Feb 2, 2023 3:45am Feb 2, 2023 3:45am
Quoting Uru
Is there an economist? Who can predict this? What news makes the diarrhea of the English so continuous! more than 1 hour !!! Where do I have to read to know this type of situation? Please, I want to learn!
If we knew what the feck you are talking about it might help. Make yourself clear.
Trader with an Edge.
  • #725,523
  • Feb 2, 2023 3:46am Feb 2, 2023 3:46am
Tired of waiting today, I will aim for 10 - 15 pips scalp instead of waiting for a big move. :/
Exhausted
  • #725,524
  • Feb 2, 2023 3:50am Feb 2, 2023 3:50am
...61.8% of y/day's move up - 2272-2401 is @ 2321/22

4hr below
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Trader with an Edge.
  • #725,525
  • Feb 2, 2023 3:55am Feb 2, 2023 3:55am
Ty mister mf
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yes yes yes
  • #725,526
  • Feb 2, 2023 3:56am Feb 2, 2023 3:56am
Quoting Elysion
{quote} Shorting UJ? I'm abandoning GU for now, especially when there's an upcoming data. Might be in range.
Long
  • #725,527
  • Feb 2, 2023 3:57am Feb 2, 2023 3:57am
I continue to stick to my story that Powell has delivered yesterday.

GBP/USD H4 looking bad..

EUR/USD Daily Shooting Star in making? Time will tell!

H4 Candle closed above the S line. Bulls are still alive.. maybe.

(If H4 candle closed above the gray line, I don't expect this to go smoothly for Bears, remember we have rate hike in 2 hours and H4 has just started).
Attached Image(s) (click to enlarge)
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  • #725,528
  • Feb 2, 2023 3:58am Feb 2, 2023 3:58am
Little bit down. come on
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #725,529
  • Feb 2, 2023 4:06am Feb 2, 2023 4:06am
Quoting pipcenturion
{quote} I expect a sell to 1.2315 first
You're not far sir! Well done!

I have some S on 1.23315 on Daily Chart.

Also, have some S on H4 1.2305 (End of Buy Zone).

If Daily closes below 1.23315 then I'm glad I shorted from 1.24.
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  • #725,530
  • Feb 2, 2023 4:07am Feb 2, 2023 4:07am
BREATH!!
Before major event!!
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g
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #725,531
  • Feb 2, 2023 4:08am Feb 2, 2023 4:08am
then
any sudden spike DN, immediate buy with target 150 pips!
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #725,532
  • Feb 2, 2023 4:09am Feb 2, 2023 4:09am
... recovery attempt by bulls struggling to gain any traction presently.

1hr below
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Trader with an Edge.
  • #725,533
  • Feb 2, 2023 4:12am Feb 2, 2023 4:12am
Quoting Moty
Ty mister mf {image} {image}
12280 really needs to break mofo keeps bouncing off it!! Let’s see if BoE can bring this to 122 at least
Insane in the Brain..
  • #725,534
  • Feb 2, 2023 4:16am Feb 2, 2023 4:16am
Quoting Macd-rsi
then any sudden spike DN, immediate buy with target 150 pips!
I expect Buy, otherwise why drop the price this hard before the news right? Let's see if 1.25 was just a dream. 1.27 is a dream as of now.
  • #725,535
  • Feb 2, 2023 4:18am Feb 2, 2023 4:18am
[quote=Headland;14310618]{quote} Si supiéramos de qué diablos estás hablando, podría ayudar. Sé claro.[/quote
Hello Headland: I don't know what graph you work with, I'm in M1, it hasn't stopped going down for 1 hour 40 minutes, and it seems that it's going to continue in the same trend, in the calendar there is no news that indicates this, within 2 hours it can pass any situation, from 1.2400 to almost 1.2299, what is in between? How do you know the reason for this jump?
  • #725,536
  • Feb 2, 2023 4:26am Feb 2, 2023 4:26am
If traders try to jump in to ride GU higher, will that be enough for the MM Algos to take it lower?
  • #725,537
  • Feb 2, 2023 4:29am Feb 2, 2023 4:29am
[quote=Uru;14310665]
Quoting Headland
{quote} Si supiéramos de qué diablos estás hablando, podría ayudar. Sé claro.[/quote Hello Headland: I don't know what graph you work with, I'm in M1, it hasn't stopped going down for 1 hour 40 minutes, and it seems that it's going to continue in the same trend, in the calendar there is no news that indicates this, within 2 hours it can pass any situation, from 1.2400 to almost 1.2299, what is in between? How do you know the reason for this jump?
Hello, I'm sorry, I will have to pass on your question because I don't understand what you mean. maybe a language problem? Apologies again.
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61.8% 2272-2401 reached now. 1hr bullish hidden div now present, valid whilst above y/day's lo but again like 30min also present there is no next higher t/f - ie in this case 4hr, uptrend to enter after such a p/back.

1hr below
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Trader with an Edge.
  • #725,538
  • Feb 2, 2023 4:32am Feb 2, 2023 4:32am
Long 1.2323
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #725,539
  • Feb 2, 2023 4:37am Feb 2, 2023 4:37am
... updated the pink zone is a prev 30min minor sw hi zone.

Does it get more rangy than the current 4hr chart,? It's gloriously rangy right now lol.

1hr below
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Trader with an Edge.
  • #725,540
  • Feb 2, 2023 4:40am Feb 2, 2023 4:40am
Few more than 1 hour for the red news of GBP.

Attached Image
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