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Cable Update (GBPUSD)

  • #731,061
  • Feb 22, 2023 6:56am Feb 22, 2023 6:56am
Well I'm stumped now. That was the buy I was looking for but the shakeout made sure i'd lost confidence.

What now ? no idea. Have to wait until after GDP.

edit-wait its Wednesday lol. GDP is tomorrow. Wait until NY to kick off properly I guess.
  • #731,062
  • Feb 22, 2023 7:00am Feb 22, 2023 7:00am
Quoting JereMi256
Short @1.2106
Let's see how this 4Hr will close
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Face 'ur fears & tame 'ur greed
  • #731,063
  • Feb 22, 2023 7:00am Feb 22, 2023 7:00am
Quoting josi
{quote} Hmmh -
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Don't forget that 512m is the up control TF. So this up move was the 128m making its up return up after its pullback. So now its a matter of monitoring the smallest TFs to see if they support further incremental moves upward or if down trends begin progressing up through the TFs.
To free Gazans of Hamas, use whatever it takes.
  • #731,064
  • Feb 22, 2023 7:03am Feb 22, 2023 7:03am
Quoting KareemAliFx
I assumed this yesterday but with feds minutes and stock market looking bad , it is reasonable to say USD demand will be there today
Thanks Kareem.

Watching this Index and if she bounce from there on.....
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I come from the future.
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  • #731,065
  • Feb 22, 2023 7:05am Feb 22, 2023 7:05am
Quoting Waveskierrob
{quote} Was going to say Heads= LONG and Tails = SHORT but hey it doesn't matter............just flipped coin its say's.........wait for it..........HEADS
I just wish Jim Cramer is in this group and posting here.
It's much easier to trade, by using inverse of what he said...........
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #731,066
  • Feb 22, 2023 7:07am Feb 22, 2023 7:07am
Quoting Waveskierrob
{quote} Was going to say Heads= LONG and Tails = SHORT but hey it doesn't matter............just flipped coin its say's.........wait for it..........HEADS
Can I take inverse trade from your coin toss ?.

Make it Tail.............. I want to SHORT..........
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #731,067
  • Feb 22, 2023 7:08am Feb 22, 2023 7:08am
Quoting palpite
sell - 1.2098 stop loss - 1.2120

trade closed - 1.2098
Together we can be strongest
Vantage Return This Month: na
  • #731,068
  • Feb 22, 2023 7:08am Feb 22, 2023 7:08am
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  • #731,069
  • Feb 22, 2023 7:11am Feb 22, 2023 7:11am
Quoting Pat Chiko
{quote} Can I take inverse trade from your coin toss ?. Make it Tail.............. I want to SHORT..........
Thats the beauty of it, you can interpret it any way you want as it's magic and with the right MM you'll always be a winner...
  • #731,070
  • Feb 22, 2023 7:21am Feb 22, 2023 7:21am
Quoting Pat Chiko
{quote} Yes. Problem is keeping USD lower is driving inflation back up faster than thought Jay is trapped but if you look DXY carefully, its 'pump' is on the lowest volume in a long time. Ie. this is not a USD pump, but rather wave B of the ABC correction. Chances of DXY is going down ?
I won't be surprised if we see 98.00 on DXY before a structural move higher, just my 10cents.

Cheers
Guy
  • #731,071
  • Feb 22, 2023 7:24am Feb 22, 2023 7:24am
Quoting Guy1969
{quote} I won't be surprised if we see 98.00 on DXY before a structural move higher, just my 10cents. Cheers Guy
I was looking for a move to 106 range then a significant move lower.
  • #731,072
  • Feb 22, 2023 7:24am Feb 22, 2023 7:24am
Quoting Waveskierrob
{quote} Thats the beauty of it, you can interpret it any way you want as it's magic and with the right MM you'll always be a winner...
GU

Real time Scammer set up.........
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Later you can see "hind sight" posting will follow......
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #731,073
  • Feb 22, 2023 7:26am Feb 22, 2023 7:26am
Are the markets even awake ? Zzzzzzz
Insane in the Brain..
  • #731,074
  • Feb 22, 2023 7:32am Feb 22, 2023 7:32am
Quoting cchin
Back. I'm instinctively aware of how red news move markets, I'm also looking into lower impact data. Those just suit my trades more. Today, S&P global PMI are big movers. But, I'm looking at data like US home sales, and also treasuries yield. S&P global data for US were good, so short term bid is expected. Now, how do I use less impactful data near team, for my medium term positionings? Home sales: it's a precursor to non-farm, ISM manufacturing, and construction spending. The pendulum on expansion/contraction generally lies on construction. Services,...
I did a pricing model on US Treasuries 3 weeks ago, and this much is clear, risk assets will struggle in Q2, but the market will turn the corner ahead of Jackson Hole in August. So we can expect structural bullish momentum starting in H2, running into year end.

Cheers
Guy
  • #731,075
  • Feb 22, 2023 7:33am Feb 22, 2023 7:33am
Quoting Buck0
{quote} I was looking for a move to 106 range then a significant move lower.
It is possible, but I have it the other way around.

Cheers
Guy
  • #731,076
  • Feb 22, 2023 7:34am Feb 22, 2023 7:34am
Quoting alienguy123
{quote} too confusing the movement
If we stay objective in analysis, it is not confusing, it is just to make chartist confused.
Stay with the structure and the swing.

If your looking for the holy grail, you'll never find it.
The longer I trade, I think the simpler the system the better.
All you need is trendlines, channels, ma's, support, resistance, common sense, and a few good indicators to survive this market.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #731,077
  • Feb 22, 2023 7:35am Feb 22, 2023 7:35am
come on !!!
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yes yes yes
  • #731,078
  • Feb 22, 2023 7:37am Feb 22, 2023 7:37am
Quoting BeeTogether
Are the markets even awake ? Zzzzzzz
With the 60(?) range, they are wide awake and milking everything they can get!
  • #731,079
  • Feb 22, 2023 7:38am Feb 22, 2023 7:38am
Quoting BeeTogether
Are the markets even awake ? Zzzzzzz
Oppssss. Sorry.

I'm the one who pushed the"paused" button.
Need to get my dinner, then go to toilet, then smoke.

I will disable the paused button, when I'm done.........
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #731,080
  • Feb 22, 2023 7:39am Feb 22, 2023 7:39am
Quoting Pat Chiko
{quote} If we stay objective in analysis, it is not confusing, it is just to make chartist confused. Stay with the structure and the swing. If your looking for the holy grail, you'll never find it. The longer I trade, I think the simpler the system the better. All you need is trendlines, channels, ma's, support, resistance, common sense, and a few good indicators to survive this market.
agree but to talk is easy i still easy affect by chart movement, and it expected to be volatile due to FOMC statement in 3am

Not everyone can so flexible and strong mindset like you. I salute
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