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Cable Update (GBPUSD)

  • #770,981
  • Aug 29, 2023 9:45am Aug 29, 2023 9:45am
Quoting Moty
you will go to 1.26390 every pair reached adr high and you will too give me my green bar mf {image}
Go to sleep, it went to 1.2635, your prediction is just a guess
  • #770,982
  • Aug 29, 2023 9:45am Aug 29, 2023 9:45am
Quoting GeePee
{quote} Sitting with a crystal ball?{image}
Crystal ball and indicator!
Having indicator is good enough however.
  • #770,983
  • Aug 29, 2023 9:47am Aug 29, 2023 9:47am
Not fun PA for trading..
  • #770,984
  • Aug 29, 2023 9:48am Aug 29, 2023 9:48am
Long 1.2578
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #770,985
  • Aug 29, 2023 9:49am Aug 29, 2023 9:49am
Quoting TheWraith
GBP/USD Levels {image}
1.24484 next?
  • #770,986
  • Aug 29, 2023 9:58am Aug 29, 2023 9:58am
Quoting Ferna
{quote} I think they were on separate days before. Today they came together.
You have a point. But price spiked simply because they wanted to spike it. They just timed it with the data.
  • #770,987
  • Aug 29, 2023 10:03am Aug 29, 2023 10:03am
Quoting Mitiblotch
{quote} You have a point. But price spiked simply because they wanted to spike it. They just timed it with the data.
Or MM's simply 'used the news' to make the spike.
Curiously GU, DXY and Gold are all misaligned right now.
  • #770,988
  • Aug 29, 2023 10:07am Aug 29, 2023 10:07am
Quoting dantpm
{quote} Or MM's simply 'used the news' to make the spike. Curiously GU, DXY and Gold are all misaligned right now.
Agreed, big money moves the price.
without patience how can you be a trader?
  • #770,989
  • Aug 29, 2023 10:24am Aug 29, 2023 10:24am
Joe Biden: "The economy continues to add jobs at rapid pace."

Reporter: "Hey president, it's not Friday yet, these were JOLTS and it came out worse then expected"

Joe Biden: "Ohh..."

Trump: "..."
  • #770,990
  • Aug 29, 2023 10:31am Aug 29, 2023 10:31am
Quoting Yngwie
Long 1.2578
closed 38p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #770,991
  • Aug 29, 2023 10:33am Aug 29, 2023 10:33am
this is from the gold thread and im already short gold

i have to leave soon but will look to short GU too


Quoting Zebi
lets examine the data shall we the confidence number doesnt really mean much cause 3000 stupid people get asked stupid questions over the phone LOL..so thats that the jobs report wasnt all that bad cause wasnt precipitous drop in openings...looks like a small decline in line to the rate hikes so a soft landing,,,when job openings get below that swing high in 2019 is time to worry so dont get exited just cause some red colored news comes out so its because of these reasons i said this will get retraced today or latest tomorrow...
short trump and go long the deepstate
  • #770,992
  • Aug 29, 2023 10:34am Aug 29, 2023 10:34am
a low of crooky moves
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 12 KB
yes yes yes
  • #770,993
  • Aug 29, 2023 10:34am Aug 29, 2023 10:34am
Quoting TheWraith
{quote} Thanks for your observation! I thought they revised it down before the news, so USD can go up. Okaaaay...
It can, it is not a holy grail fundamental strategy.
But i spoke for what happened majority of the time with US data.
More time in the market, does not mean you trade better!
  • #770,994
  • Aug 29, 2023 10:36am Aug 29, 2023 10:36am
Quoting Zebi
this is from the gold thread and im already short gold i have to leave soon but will look to short GU too {quote}

Tomorrow's ADP non farm payroll is a wild card as well (unreliable but triggers big responses).
  • #770,995
  • Aug 29, 2023 10:43am Aug 29, 2023 10:43am
Any one chasing the price would be in trouble now.

Sell at place..buy at place.

1 ) stop chasing price.

2 ) Book profits when enough.

3 ) Quit trading for that day when you find profits enough.

4 ) Enjoy music for the rest of the day.. which I am doing now.

Some very beautiful nice songs... evergreen songs.

Intraday only.
  • #770,996
  • Aug 29, 2023 10:45am Aug 29, 2023 10:45am
aud/usd.
I have a wolf wave pattern on this pair.
SL in place.
D1.
  • #770,997
  • Aug 29, 2023 10:45am Aug 29, 2023 10:45am
Quoting Wavegarrick
{quote} Gotta love FF In the coming week I will be looking for a possible bounce from 1.255000 and scalp towards my future weekly pivot at 1.2640 ish (yellow highlight). Short entries to be considered from there depending on price action for a move towards 1.250000. Have a great week. Cheers. {image}
My weekly pivot at 1.26404 still in play with really difficult conditions this week with an expanding triangle. I don't exclude an over shoot to 1.26500.
I will be careful here too. Is GU finding a bottom at 1.25500? Really important to wait for price to move down or look for good clues before considering shorts.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_694.png Size: 43 KB
Trade to trade another day
  • #770,998
  • Aug 29, 2023 10:46am Aug 29, 2023 10:46am
all out with min profit 18 $ because bad entries
now short for 50 $
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 19 KB
yes yes yes
  • #770,999
  • Aug 29, 2023 10:56am Aug 29, 2023 10:56am
Long 2625. TP 2650. Please, this thing will hit 1.27 and above.
  • #771,000
  • Aug 29, 2023 10:59am Aug 29, 2023 10:59am
Quoting Mitiblotch
Long 2625. TP 2650. Please, this thing will hit 1.27 and above.
It is trading inside of Fridays high and low. It might just stay in this range until NFP.
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