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Cable Update (GBPUSD)

  • #728,681
  • Feb 14, 2023 6:54am Feb 14, 2023 6:54am
Hello, no trading for me so far today-did a double shift y/day. Just stopped by to see U.s cpi reaction.
Bit of profit taking at current dly hi ahead of the numbers,? can't see anything re obvious pot supp/res factors there. Next, other than fibs is the prev 1hr/4hr sw hi zone circa 2249-66 = prev res = pot res, and top of this is coexistent with a prev 4hr then prev 4hr/dly sw lo zone = prev supp=pot sbr where said hi met resistance. The second of these extends to circa 2299. before these factors Dly R2 is @/around 2228, (Dly R3 @/around 2305.)

4hr below.
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Trader with an Edge.
  • #728,682
  • Feb 14, 2023 6:54am Feb 14, 2023 6:54am
I am no longer 99% sure.

50-50..



  • #728,683
  • Feb 14, 2023 6:56am Feb 14, 2023 6:56am
GU & CPI

30 mins.... go for wee wee now....just in case .
count your coin and ready to place your bet.
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Scalper getting ready..............
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Swing traders all set.........
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We wait for the count down....& good luck.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #728,684
  • Feb 14, 2023 6:56am Feb 14, 2023 6:56am
as far as im concern, i'm going to SHORT GU at 1.226 until last breath
demo tok kenal barey boh!
  • #728,685
  • Feb 14, 2023 6:57am Feb 14, 2023 6:57am
EUR/USD Daily Chart

Went Short at 1.07672
SL manual

Chose EUR/USD rather than GBP/USD due to moving slower, will be down less pips if price goes the other way.
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  • #728,686
  • Feb 14, 2023 6:57am Feb 14, 2023 6:57am
Quoting SnailFX
I am no longer 99% sure. 50-50..
me too.. hence ready to drop at 123 so I can trade the long route later
Insane in the Brain..
  • #728,687
  • Feb 14, 2023 6:58am Feb 14, 2023 6:58am
Stubborn buyers
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yes yes yes
  • #728,688
  • Feb 14, 2023 6:59am Feb 14, 2023 6:59am
...for good measure and a more detailed downside.

1hr below
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Trader with an Edge.
  • #728,689
  • Feb 14, 2023 7:03am Feb 14, 2023 7:03am
Engaging in trading during major news events can often provide an adrenaline rush that some may find comparable or even preferable to the experience of smoking pot.

Anyone?, go against the herd, risk on before CPI...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #728,690
  • Feb 14, 2023 7:07am Feb 14, 2023 7:07am
5:30amUSD forecast
CPI m/m
0.5%-0.1%USD
CPI y/y
6.2%6.5%USD
Core CPI m/m
0.4%0.3%
  • #728,691
  • Feb 14, 2023 7:11am Feb 14, 2023 7:11am
Quoting kidd0
as far as im concern, i'm going to SHORT GU at 1.226 until last breath
Lol

with you on this
  • #728,692
  • Feb 14, 2023 7:14am Feb 14, 2023 7:14am
Quoting SnailFX
I am no longer 99% sure. 50-50..
Every big event the chart look the same.
they putting us clueless in the intraday view.

just focus on the big picture and not for the manipulation phase.
we can also be wrong in the big picture..
  • #728,693
  • Feb 14, 2023 7:16am Feb 14, 2023 7:16am
Quoting Pat Chiko
Engaging in trading during major news events can often provide an adrenaline rush that some may find comparable or even preferable to the experience of smoking pot. Anyone?, go against the herd, risk on before CPI...
Smoking CPI Pot You will either go to a high, or come off a high, choose your poison .
  • #728,694
  • Feb 14, 2023 7:17am Feb 14, 2023 7:17am
Quoting Whale
{quote} Every big event the chart look the same. they putting us clueless in the intraday view. just focus on the big picture and not for the manipulation phase. we can also be wrong in the big picture..
That just leaves one small detail that could go wrong.
Correctly identifying the manipulation phase..
  • #728,695
  • Feb 14, 2023 7:22am Feb 14, 2023 7:22am
Quoting dantpm
{quote} That just leaves one small detail to look at. Correctly identifying the manipulation phase..
But how will we identifying the manipulation phase, like what are the MMs' real intention?
More time in the market, does not mean you trade better!
  • #728,696
  • Feb 14, 2023 7:24am Feb 14, 2023 7:24am
Quoting Pat Chiko
{quote} He need a pat... (not me).... pat on the back...{image}
And we are here to give it to him
How to succeed in zero sum game?
  • #728,697
  • Feb 14, 2023 7:25am Feb 14, 2023 7:25am
I have Short on USD/JPY ready.
In case price goes down.

GL!

*If price breaks 1.23, Big Short is out of the question this Month.
  • #728,698
  • Feb 14, 2023 7:26am Feb 14, 2023 7:26am
Quoting Fardeen1209
{quote} But how will we identifying the manipulation phase, like what are the MMs' real intention?
That and separating when the MM's are manipulating the market from when they are simply trading the market.
  • #728,699
  • Feb 14, 2023 7:26am Feb 14, 2023 7:26am
Quoting dantpm
{quote} That just leaves one small detail that could go wrong. Correctly identifying the manipulation phase..
this is the market.. all can go wrong, the only thing that goes right is the SL, they love to kiss it.
  • #728,700
  • Feb 14, 2023 7:27am Feb 14, 2023 7:27am
Quoting Whale
{quote} this is the market.. all can go wrong, the only thing that goes right is the SL, they love to kiss it.
Kiss it or eat it?
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