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Cable Update (GBPUSD)

  • #727,641
  • Feb 9, 2023 8:35am Feb 9, 2023 8:35am
Tomorrow UK GDP -ve consensus.
Will need to look for a good level to Short GU in late NY session (guessing 1.2257- RSF + 1hr OB + IMB needs to be filled): ITS' shorts for US NFP(some Long term positions may be still floating; they will try to defend)
High Probability for the Actual figure between -0.2% - -0.1% .
My guess either way GBP down
Unless GDP 0.0% or 0.1% GU UP or ranging with some spikey
More time in the market, does not mean you trade better!
  • #727,642
  • Feb 9, 2023 8:37am Feb 9, 2023 8:37am
Quoting Pat Chiko
{quote} I am waiting for somebody to give me signal to take a trade. Lately, due to lack of sleep, I'm too lazy to do my own analysis. I wait for signal, any signal........
[email protected]
Lou Vincii Code
  • #727,643
  • Feb 9, 2023 8:38am Feb 9, 2023 8:38am
Quoting maxi444
{quote} really? exactly at 2150? nice... I think you must watchhhhhhhhhhhhhhhhhh first the chart!!!!!!!!!!!!!! at 2150 or....2151? So is in forex
I trade on psychological areas usually round numbers
Insane in the Brain..
  • #727,644
  • Feb 9, 2023 8:39am Feb 9, 2023 8:39am
It was a long day all the way
1.31900 is the daily high
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yes yes yes
  • #727,645
  • Feb 9, 2023 8:39am Feb 9, 2023 8:39am
Were going up on the gbpchf
  • #727,646
  • Feb 9, 2023 8:41am Feb 9, 2023 8:41am
Quoting BeeTogether
{quote} I trade on psychological areas usually round numbers
it is important GU is trading as you
no trade, I hope not for all the day !!!!!!
  • #727,647
  • Feb 9, 2023 8:41am Feb 9, 2023 8:41am
Quoting Waveskierrob
{quote} Flip a coin ....I DARE YOU...
Let me stop this bike first.
Head on the left
Tail on the right.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #727,648
  • Feb 9, 2023 8:42am Feb 9, 2023 8:42am
1.222 is my cue for bears today and tomorrow!
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Face 'ur fears & tame 'ur greed
  • #727,649
  • Feb 9, 2023 8:46am Feb 9, 2023 8:46am
Quoting Pat Chiko
{quote} I am waiting for somebody to give me signal to take a trade. Lately, due to lack of sleep, I'm too lazy to do my own analysis. I wait for signal, any signal........
the last signal was to buy at 13.50, sorry we don t have so many signals
  • #727,650
  • Feb 9, 2023 8:46am Feb 9, 2023 8:46am
Quoting Pat Chiko
{quote} I am waiting for somebody to give me signal to take a trade. Lately, due to lack of sleep, I'm too lazy to do my own analysis. I wait for signal, any signal........
long until 1.2210
then short as response to your vwap R
in wondering about yourself, you forgot what you came here to be part of
  • #727,651
  • Feb 9, 2023 8:55am Feb 9, 2023 8:55am
Quoting Moty
It was a long day all the way 1.31900 is the daily high {image}
yup it seems so. Can’t seem to get past 12193. Seems to be resistance are for the day. However a break above could be bad for the bears
Insane in the Brain..
  • #727,652
  • Feb 9, 2023 8:56am Feb 9, 2023 8:56am
I will share my Daily and Weekly Chart when the Daily candle closes. I am highly interested where the price will close for both GBP/USD and USD/JPY.
Also, very interested at GBP/JPY. I might try my third and final Short tommorow.
  • #727,653
  • Feb 9, 2023 9:01am Feb 9, 2023 9:01am
Come on bears
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yes yes yes
  • #727,654
  • Feb 9, 2023 9:03am Feb 9, 2023 9:03am
Quoting Moty
Come on bears {image}
Moty, what made you go Short at this price?
  • #727,655
  • Feb 9, 2023 9:04am Feb 9, 2023 9:04am
Not comfortable trading outside reversals but believe its bearish to below 1.1740

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POSTMASTER
  • #727,656
  • Feb 9, 2023 9:04am Feb 9, 2023 9:04am
Quoting palpite
sell - 1.2154
trade closed - 1.2175
Together we can be strongest
Vantage Return This Month: na
  • #727,657
  • Feb 9, 2023 9:08am Feb 9, 2023 9:08am
difficult to buy the $, maybe the President Robinette Biden or Powell talked too much in the last few days?
  • #727,658
  • Edited 9:23am Feb 9, 2023 9:12am | Edited 9:23am
morninja easy ride fwiw... no income no job nine inch nails fuks up sawmills save old growth hug a tree stumpage axe
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...
  • #727,659
  • Feb 9, 2023 9:15am Feb 9, 2023 9:15am
Now the mf will range fir the rest of the day
If i was long it would drop for a correction, this is story of my life
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yes yes yes
  • #727,660
  • Feb 9, 2023 9:16am Feb 9, 2023 9:16am
Quoting maxi444
difficult to buy the $, maybe the President Robinette Biden or Powell talked too much in the last few days?
I don't know, I saw a lot of impatient and unnecessary trades being taken today and I highly doubt it any of those trades were justified.
It does suck to see no action for almost a Week and trader get's anxious, but these are the times trader needs to realize this and slow down a little bit and perhaps not risk as much, not trade as much, perhaps wait for clearer days to come. For example next Week will be full of action and price will definitely not Range as it did this Week.

GL!
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