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Cable Update (GBPUSD)

  • #731,701
  • Feb 23, 2023 10:43pm Feb 23, 2023 10:43pm
I said on monday that it would not shock me that if Tuesday marked the top of the week and sure enough it appears that is what is happaning. Also, of note options expire today at 1.20....gravitational pull...next week notables expiries at 1.1850. Something to think about!!!
  • #731,702
  • Feb 23, 2023 10:51pm Feb 23, 2023 10:51pm
Quoting ninner
{quote} is this anything related to gbpusd????
Quoting ninner
{quote} I didnt really care!! I just wanted to give him a hard time!!! LOL
Few days back I posted a chart comparing Gold and Euro in ‘EURUSD’ thread… and the thread starter disliked my post and made it hidden for the rest of viewers because he thought it had nothing to do with EURO. kindda sucked.. since than I moved to GBPUSD thread to post my gold analysis. Commodities are my niche financial instrument… I love trading them.
  • #731,703
  • Feb 23, 2023 10:54pm Feb 23, 2023 10:54pm
Quoting Purple
{quote} Few days back I posted a chart comparing Gold and Euro in ‘EURUSD’ thread… and the thread starter disliked my post and made it hidden for the rest of viewers because he thought it had nothing to do with EURO. kindda sucked.. since than I moved to GBPUSD thread to post my gold analysis. Commodities are my niche financial instrument… I love trading them.
i was kidding anyways...I post off topic as well. Yes strong correlation btw Gold and the euro!!!
  • #731,704
  • Feb 23, 2023 11:19pm Feb 23, 2023 11:19pm
Quoting navk
I am done with Asia. Going to sleep for a while. Will get up and trade when Frankfurt opens. {image}
Excellent stuff!
  • #731,705
  • Feb 23, 2023 11:19pm Feb 23, 2023 11:19pm
Plan for LO
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  • #731,706
  • Edited 11:38pm Feb 23, 2023 11:21pm | Edited 11:38pm
Quoting Whale
Asia doesnt deliver the setup. so the plan is to wait for DXY break 104.3 to look for long GU Else , i will scalp shorts {image}
May be but below 104.30 is bullish for usdx , target 105.50 too near, wedge up while bull intact till apparent 103.30 supports. So continue bull crazily or if behave polite then correct below 104.239 to bull usdx for target and little up. Watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #731,707
  • Feb 23, 2023 11:44pm Feb 23, 2023 11:44pm
the price unlikely to break above 2032/40.

sell from there.

Buy below s1 today when NY opens
Intraday only.
  • #731,708
  • Edited Feb 24, 2023 12:02am Feb 23, 2023 11:48pm | Edited Feb 24, 2023 12:02am
good morning

so what we got after night..
50-60pips down or up
we are in the middle somewhere now

I prefer BUY if we stay above cca 1.2016 (falling wedge on left side, and on DX rising wedge)
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Trendlines H1,H4, SMC
  • #731,709
  • Feb 23, 2023 11:50pm Feb 23, 2023 11:50pm
Quoting fontu
{quote} May be but below 104.30 is bullish for usdx , target 105.50 too near, wedge up while bull intact till apparent 103.30 supports. So continue bull crazily or if behave polite then correct below 104.239 to bull usdx for target and little up. Watching {image}
thanks, dxy is bullish and it will go to 107+
no doubt for me.

but im just waiting for nice setup to go there.
is it now? Maybe.
  • #731,710
  • Feb 23, 2023 11:59pm Feb 23, 2023 11:59pm
i am calling the 1.19850-1.20066to be the low of the day
you shell not pass that mf
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yes yes yes
  • #731,711
  • Feb 24, 2023 12:09am Feb 24, 2023 12:09am
Quoting Pat Chiko
{quote} GU looking from H1 TF{image}
Hi Pat, I have precisely the same Lines and am short after Wednesdays berish move off daily resistance. Can I ask why you are drawing bearish line breaks but then going long? What is the point of your lines?
Compulsions can be hard to resist
  • #731,712
  • Feb 24, 2023 12:10am Feb 24, 2023 12:10am
Quoting Whale
{quote} thanks, dxy is bullish and it will go to 107+ no doubt for me. but im just waiting for nice setup to go there. is it now? Maybe.
dxy has been trying to break 104.500 area all week
it will drop today after exhaustion
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yes yes yes
  • #731,713
  • Feb 24, 2023 12:14am Feb 24, 2023 12:14am
Quoting Whale
{quote} thanks, dxy is bullish and it will go to 107+ no doubt for me. but im just waiting for nice setup to go there. is it now? Maybe.
When was the last time that USDX moved 2 full points in (ie 104 to 106) in a day?
  • #731,714
  • Feb 24, 2023 12:15am Feb 24, 2023 12:15am
Quoting Moty
{quote} dxy has been trying to break 104.500 area all week it will drop today after exhaustion {image}
i believe so.
but maybe 1.196 and below first.

i took 3 shorts, i will add.
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  • #731,715
  • Feb 24, 2023 12:16am Feb 24, 2023 12:16am
Quoting Whale
{quote} thanks, dxy is bullish and it will go to 107+ no doubt for me. but im just waiting for nice setup to go there. is it now? Maybe.
Should be running for immediate target first and correct towards 103.30 to up for last Time or just crush possible , usdx. Lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #731,716
  • Feb 24, 2023 12:20am Feb 24, 2023 12:20am
Quoting dantpm
{quote} When was the last time that USDX moved 2 full points in (ie 104 to 106) in a day?
1. im talking generally, not today.
2. Who cares when.. but if you really want example 23/1/23.. exactly month ago.
  • #731,717
  • Feb 24, 2023 12:27am Feb 24, 2023 12:27am
this looks like a good strategy for asian session
every trade is for 10 pips
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yes yes yes
  • #731,718
  • Feb 24, 2023 12:38am Feb 24, 2023 12:38am
Quoting Moty
this looks like a good strategy for asian session every trade is for 10 pips {image}
You might want to check the range. You may not get the 100 pt swings! With Frankfurt opening up, hopefully more volume and volatility.
  • #731,719
  • Feb 24, 2023 12:42am Feb 24, 2023 12:42am
Today, only thing I see is accumulation on h1 demand zone, so I'm looking to buy the dip.

Can't say today is presenting a clear level like the previous few days so, I think 1.2000-1.2010 region. If we get a rally from here on frankie open then, maybe a sell first from 1.2035-45.
  • #731,720
  • Feb 24, 2023 12:43am Feb 24, 2023 12:43am
Quoting Moty
this looks like a good strategy for asian session every trade is for 10 pips {image}
Look at this 5 min chart.

I closed 3 buy baskets in asia.
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Intraday only.
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