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Cable Update (GBPUSD)

  • #746,841
  • May 23, 2023 12:08am May 23, 2023 12:08am
Quoting mysterio
{quote} tomorrow projection continue the range but open it up a bit watch todays POC 1.24327 for the short leg tomorrow watch for Friday's NY high on dxy to be taken out in the morning might change a bit depending on what happens overnight, there was a lot of liquidity on the offer around 1.25 which got pulled during today NY session {image}
around 1.2442-48 for a short this morning

i see us potentially making a weekly low

then the rest of the day/week is recovery
  • #746,842
  • May 23, 2023 12:17am May 23, 2023 12:17am
Quoting Pat Chiko
{quote} With regards to the "C" word Brits used overtime. Today I've learn the truee meaning of the word, and that's why Brits use it at the end of their sentences. IBTW, I'm not Brits, am I allowed to use it ?{image}
its all about the intonation, sometimes the word before it too, can be a term of endearment or insult depending on the intent behind it, Brits will often insult you as a way of making friends. Still regarded as a taboo word and you can expect 500+ ofcom complaints if its used during the day on TV
  • #746,843
  • May 23, 2023 12:23am May 23, 2023 12:23am
Flash manufacturing PMI will rock GU today... Retest 1.248 ...if break will see 1.25
Pending Buy stop + Buy limit ready
study of behavior and mind,conscious and unconscious
  • #746,844
  • May 23, 2023 12:26am May 23, 2023 12:26am
Bought this sheet
watch out 1.2412!!
as soon as buy trigered price going down
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #746,845
  • May 23, 2023 1:27am May 23, 2023 1:27am
Quoting OperaniyiFx
I’m short on GU
close short in BE now long.
  • #746,846
  • May 23, 2023 1:48am May 23, 2023 1:48am
G/M, Doji close on the dly y/day, this after Friday's inverted hammer. 1st fractal LL on that t/f after the L and LH. Probably still in a general uptrend though. Rangy now on 1hr, bit of a pennant thing on 4hr.

1hr below
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Trader with an Edge.
  • #746,847
  • May 23, 2023 2:07am May 23, 2023 2:07am
Wow, I do not trust this sell.
Exhausted
  • #746,848
  • May 23, 2023 2:07am May 23, 2023 2:07am
Still got my 2 long trades from Friday open. Probably the longest I've ever kept live trades open for. Was able to sit on my hands yesterday and not enter a single trade so maybe I'm learning some patience after all.

My SL is at BE and it looks like it's about to get taken
  • #746,849
  • May 23, 2023 2:08am May 23, 2023 2:08am
Quoting OperaniyiFx
{quote} close short in BE now long.
Waw you switch fast, althought im still buy, but there could be still downward moment.
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #746,850
  • May 23, 2023 2:08am May 23, 2023 2:08am
...downside b/o of the asian lo there with that little rumble....10/20/50 ema's as below, ie All crossed down to 4hr.

1hr below
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Trader with an Edge.
  • #746,851
  • May 23, 2023 2:10am May 23, 2023 2:10am
First blood
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yes yes yes
  • #746,852
  • May 23, 2023 2:12am May 23, 2023 2:12am
Quoting Elysion
Wow, I do not trust this sell.
now moty hammering
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #746,853
  • May 23, 2023 2:13am May 23, 2023 2:13am
Quoting ScalaFX
{quote} shit, added 2465
close all before news, I want to buy 2370-2340, cheers
People don't plan to lose. They lose because they don't plan.
  • #746,854
  • May 23, 2023 2:16am May 23, 2023 2:16am
I see a clean support 1.23 before 1.25

i maybe wrong but 1.22 and 1.20 is possible this quarter
MY OPINION NOT FINANCIAL ADVISE
  • #746,855
  • May 23, 2023 2:16am May 23, 2023 2:16am
...thurs and fri's 'double bottom' lo zone = prev supp = pot supp is coexistent with a wider prev 4hr/dly sw lo zone down to 2366 = prev supp = pot supp. Wkly S1 in there with Mthly S1 just below it.
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Trader with an Edge.
  • #746,856
  • May 23, 2023 2:17am May 23, 2023 2:17am
Quoting Whale
{quote} i took my sl to break even and changed the tp. {image}
Out again with nothing..
scalping for very few pips is boring for me so i will be out for now.
  • #746,857
  • May 23, 2023 2:18am May 23, 2023 2:18am
Quoting donfriday
I see a clean support 1.23 before 1.25 i maybe wrong but 1.22 and 1.20 is possible this quarter
I want play 1.23x then 1.27 or 1.28
People don't plan to lose. They lose because they don't plan.
  • #746,858
  • May 23, 2023 2:19am May 23, 2023 2:19am
Obviously might still come down further but it might have turned around 0.5 pips from my SL after 2 days.
I move my SL to 1.1 pips above my entry to take into account the commission
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  • #746,859
  • May 23, 2023 2:25am May 23, 2023 2:25am
Quoting ScalaFX
{quote} I want play 1.23x then 1.27 or 1.28

new major RN is expected and 1.3 have the upper hand
2023 open is 1.20 i am expecting 1.30
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MY OPINION NOT FINANCIAL ADVISE
  • #746,860
  • May 23, 2023 2:29am May 23, 2023 2:29am
Quoting mysterio
{quote} tomorrow projection continue the range but open it up a bit watch todays POC 1.24327 for the short leg tomorrow watch for Friday's NY high on dxy to be taken out in the morning might change a bit depending on what happens overnight, there was a lot of liquidity on the offer around 1.25 which got pulled during today NY session {image}
First leg almost complete

looking for buys in 1.2380s before PMI for the low of the week.
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