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Cable Update (GBPUSD)

  • #735,961
  • Mar 14, 2023 5:02am Mar 14, 2023 5:02am
Quoting JereMi256
{quote} That only means one thing, they are cocking something big. We should tread carefully going into the news.
this is it.. I have my SL in place so won’t lose anything however if it does drop in 2.5 hours time then this could be a blood bath. I have a feeling though that the bulls will take this
Insane in the Brain..
  • #735,962
  • Mar 14, 2023 5:12am Mar 14, 2023 5:12am
It would be necessary to explain to them that the CVB, and the UK, were bought by HSBC for 1 POUND! the positions are insured! It makes me remember how Banco Santander bought my bank for €1!!, yes! Within a week all the branches were closed, and all the employees were on the fucking street, thanks to Mrs. Botin, whoever bought cold wallet shares (pendriw)PI!PI!...PI!PI!
  • #735,963
  • Edited 5:51am Mar 14, 2023 5:13am | Edited 5:51am
SL removed for time being

Edit : reinstated
Insane in the Brain..
  • #735,964
  • Mar 14, 2023 5:13am Mar 14, 2023 5:13am
I'm all for the bulls fan club right now.

But we must not fail to not discount the 2100 magnet.

And if that's not reason enough to tilt bearish yet, we still have a weekly open gap yawning to close inevitably.

Still feeling bullish? Umm not so much...
  • #735,965
  • Mar 14, 2023 5:14am Mar 14, 2023 5:14am
It's a 50 50 chance for me today and I don't gamble, I will either risk little where I see fit or stay away since the week is still young.
Can't lie, Bulls have the upper hand though I also feel they have to rest abit before they take this beech to the moon.(1.26)
Face 'ur fears & tame 'ur greed
  • #735,966
  • Mar 14, 2023 5:17am Mar 14, 2023 5:17am
The uk data has no impact at all. Maybe the CPI won’t have too much either? Hard to say
Insane in the Brain..
  • #735,967
  • Mar 14, 2023 5:21am Mar 14, 2023 5:21am
Quoting BeeTogether
The uk data has no impact at all. Maybe the CPI won’t have too much either? Hard to say
CPI will have an impact. claymount is in the morning when uk market is closed and not so important.
trading is like dancing, don't think and just listen to the music!
  • #735,968
  • Mar 14, 2023 5:23am Mar 14, 2023 5:23am
Quoting BeeTogether
The uk data has no impact at all. Maybe the CPI won’t have too much either? Hard to say
Don't overthink it through, it's best to wait and see.
Any slight movement in this zone, sends a message we need to decipher before we pull the triggers.
Face 'ur fears & tame 'ur greed
  • #735,969
  • Mar 14, 2023 5:29am Mar 14, 2023 5:29am
Quoting eyefeelsix
{quote} three zones for the bull to watch {image}
gobull
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https://breakpullback.com
  • #735,970
  • Mar 14, 2023 5:29am Mar 14, 2023 5:29am
https://www.armstrongeconomics.com/i...-for-the-yuan/
POSTMASTER
  • #735,971
  • Mar 14, 2023 5:43am Mar 14, 2023 5:43am
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Quoting Moty
{image}
yes yes yes
  • #735,972
  • Mar 14, 2023 5:43am Mar 14, 2023 5:43am
SL hunt...
removing all sl..
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  • #735,973
  • Mar 14, 2023 5:47am Mar 14, 2023 5:47am
1.2146 seems like a solid resistance for now. Unlikely to break any time soon.
  • #735,974
  • Mar 14, 2023 5:52am Mar 14, 2023 5:52am
Quoting voeltoez
SL hunt... removing all sl.. {image}
yeah that’s why I removed mine for a bit. Back on now though
Insane in the Brain..
  • #735,975
  • Mar 14, 2023 5:56am Mar 14, 2023 5:56am
GBPUSD update

still above S
waiting for news
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Trendlines H1,H4, SMC
  • #735,976
  • Mar 14, 2023 6:20am Mar 14, 2023 6:20am
Xauusd is looking bullish while gbpusd is bearish...dang it, somebody please share a chart
  • #735,977
  • Edited 6:55am Mar 14, 2023 6:33am | Edited 6:55am
Attached Image (click to enlarge)
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So how it looks like for me at the moment is that price wants to pull higher. 1.222 to 1.229 probably next area. But it's best to monitor PA because CPI is pretty soon and PA can change quickly. Hourly fakeout is the reason why I think it might pull up higher.


And the 15 min shows both ways compression which I personally don't like and there is a QM on 15 min to maybe attract sellers intraday. I guess we'll see. Currently it looks pretty messy. But if i get a nice pullback I will probably buy it
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How to succeed in zero sum game?
  • #735,978
  • Mar 14, 2023 6:41am Mar 14, 2023 6:41am
dxy divergence
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  • #735,979
  • Mar 14, 2023 6:43am Mar 14, 2023 6:43am
Quoting dempire1
{image}
thank you
  • #735,980
  • Mar 14, 2023 6:43am Mar 14, 2023 6:43am
this is gona fly to 1.23, potentially even 1,24
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