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Cable Update (GBPUSD)

  • #727,881
  • Feb 9, 2023 11:30pm Feb 9, 2023 11:30pm
Quoting MrFanciful
That was close {image}
Looks like I might have lost this one
  • #727,882
  • Feb 9, 2023 11:30pm Feb 9, 2023 11:30pm
...just because

4hr below
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Trader with an Edge.
  • #727,883
  • Feb 9, 2023 11:30pm Feb 9, 2023 11:30pm
Quoting Elysion
We might experience ranging for a while, GBP data release and Japan news is triggering an indecision in market.
They have had enough time to digest GBP data. They should move it down quick. I need the money. Hahaha
  • #727,884
  • Feb 9, 2023 11:32pm Feb 9, 2023 11:32pm
Quoting SnailFX
GBP/JPY Short at 159.205 SL 40 Pips EUR/JPY Short at 141.153 SL 40 Pips GBP/JPY H1 Chart EUR/JPY 30M Chart Kuroda, help us! {image} {image}
Finally! Finally!
Thank you Kuroda San!

GBP/JPY TP-ed at 158.301
EUR/JPY TP-ed at 140.391

  • #727,885
  • Feb 9, 2023 11:32pm Feb 9, 2023 11:32pm
Quoting Traderview
Sold @ 1.2190 sl 40 pips tp 1.20
Closed all of the shorts @1.2095.

That's it for the week.
See you guys on Tuesday US CPI.
  • #727,886
  • Feb 9, 2023 11:35pm Feb 9, 2023 11:35pm
Quoting SnailFX
EUR/CAD Went Short at 1.44347 SL 1.44597 (30M Chart) GBP/AUD Went Long at 1.74864 SL 1.74564 (15M Chart) GBP/CHF Went Short at 1.11665 SL 1.11865 (H1 Chart). Now, waiting for GBP/USD. {image} {image} {image}
GBP/AUD SL hit at 1.74564
EUR/CAD closed at entry 1.44339
GBP/CHF closed at 1.11599

Could be better hahah..
  • #727,887
  • Feb 9, 2023 11:38pm Feb 9, 2023 11:38pm
Quoting Mitiblotch
{quote} They have had enough time to digest GBP data. They should move it down quick. I need the money. Hahaha
The UK GDP is weaker implying no need to raise rates. Many of the other indicators are positive (investment, production, trade balance) which is good for the economy. Not sure that it is cut and dry.
  • #727,888
  • Feb 9, 2023 11:38pm Feb 9, 2023 11:38pm
Quoting Pat Chiko
{quote} GJ Thanks Snail. Copy trade. Scalping SHORT{image}
Dude, you're out or leaving it to potentially drop more?
Daily Chart as if knew something's coming hahah..

I was expecting to see some news like this from Japan and I shit you not!
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  • #727,889
  • Feb 9, 2023 11:39pm Feb 9, 2023 11:39pm
2100 magnet remains in play
  • #727,890
  • Edited Feb 10, 2023 12:23am Feb 9, 2023 11:40pm | Edited Feb 10, 2023 12:23am
if you have no clue shootn't be here kisimple take shot put in a SL bonded ask the japs no babies no clue why hit the dash board btw run in to personal at a shushi bar tonight authentic iq eq arrangements cod issues not possible... NZ a dolphin what ever TU NED IN ether raw fishcus sumo judo take the sink NT ON Gforces tik tok iou$ enough treasuries exploited grip on it nippon cash is king roll on love u $cad watch your ^ nrice scalp 89 39
https://www.livecharts.co.uk/Members...rex_pivots.php
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  • #727,891
  • Feb 9, 2023 11:41pm Feb 9, 2023 11:41pm
Quoting dantpm
{quote} The UK GDP is weaker implying no need to raise rates. Many of the other indicators are positive (investment, production, trade balance) which is good for the economy. Not sure that it is cut and dry.
We're potentially going up instead. Dollar is still weak. Idk retest 1.22? :3
Exhausted
  • #727,892
  • Feb 9, 2023 11:42pm Feb 9, 2023 11:42pm
H1 HH,HL making a larger degree swing on H1 makes a minor correction as part of the H4 larger degree swing and the H4 larger degree swing is a minor swing on the daily which we have already established is a correction against the weekly.

Therefore we continue with shorts if the right signal for entry is given, same goes for most other major pairs
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We temporarily traded long because H1 was showing a nice structure for an abc correction against 4H
Follow The Markets Structure - Patience and Discipline
  • #727,893
  • Feb 9, 2023 11:50pm Feb 9, 2023 11:50pm
Quoting Mitiblotch
{quote} You need to give it time.
Indeed. But the data has now lost its shine, except for the US CPI and Non-Farm Payrolls, which catch the eye.
Just follow the trend.
  • #727,894
  • Feb 9, 2023 11:50pm Feb 9, 2023 11:50pm
Closed all. Wasteddd
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #727,895
  • Feb 9, 2023 11:50pm Feb 9, 2023 11:50pm
Quoting pipfarm
H1 HH,HL making a larger degree swing on H1 makes a minor correction as part of the H4 larger degree swing and the H4 larger degree swing is a minor swing on the daily which we have already established is a correction against the weekly. Therefore we continue with shorts if the right signal for entry is given, same goes for most other major pairs {image}
I'm reading the 1hr as below...price is rising from a L currently.
-------------------------------------------------------------------------

1hr bullish hidden div is still intact but the proviso outlined in a prev post stands.

1hr below
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Trader with an Edge.
  • #727,896
  • Feb 9, 2023 11:52pm Feb 9, 2023 11:52pm
One of the saddest picture I ever saw.. Turkey
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  • #727,897
  • Feb 9, 2023 11:52pm Feb 9, 2023 11:52pm
Quoting tradexyz
if you have no clue shootn't be here kisimple take shot put in a SL bonded ask the japs no babies no clue why hit the dash board https://www.livecharts.co.uk/Members...rex_pivots.php
For the life of me - no matter how hard I try - I've never understood what you write. Sometimes come across as rants, other times as gibberish.
Can you try to be clearer when you type here, please?
  • #727,898
  • Feb 9, 2023 11:53pm Feb 9, 2023 11:53pm
I strongly suggest that traders sell and just allow the position run.
  • #727,899
  • Feb 9, 2023 11:53pm Feb 9, 2023 11:53pm
Quoting SnailFX
{quote} Finally! Finally! Thank you Kuroda San! GBP/JPY TP-ed at 158.301 EUR/JPY TP-ed at 140.391
i am short CADJPY up 800 or so pips now!!! LOL
  • #727,900
  • Feb 9, 2023 11:54pm Feb 9, 2023 11:54pm
...price reached the prev 1hr sw hi zone= prev res = pot res created by the Asian/current dly hi/Dly Pivot.... Just fibs and prev 30min swings above there and up to y/day's hi, which is a prev 1hr/4hr sw hi zone with Dly R1 in it, leading up to it.

1hr below
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Trader with an Edge.
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