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Cable Update (GBPUSD)

  • #774,341
  • Sep 13, 2023 8:23am Sep 13, 2023 8:23am
Quoting Shaggalo
{quote} Probably. In my timeframe it's just a bit of noise, not much has changed. I'll check again in a few hours just in case it does. {image}
If price continues to do nothing, we're probably waiting for the Fed next week. Not the first time this has happened.
  • #774,342
  • Sep 13, 2023 8:26am Sep 13, 2023 8:26am
Quoting BeeTogether
So this is crazy.. poor UK data and it doesn’t go below 124 and good US data and boom it goes up
Didn't see the UK or US data as worthy of triggering a reaction this AM.
With the US data, when you consider the doubling of the US debt and inflation is still only 3.7% y/y and .6% m/m, the economic controls are working very well!
In any event, this is all about where the market wants price and not the data!
  • #774,343
  • Sep 13, 2023 8:26am Sep 13, 2023 8:26am
whats wrong with this pair..
always always take my SL away while im running profit..
  • #774,344
  • Sep 13, 2023 8:29am Sep 13, 2023 8:29am
Quoting TheWraith
USD went up as I though on the news, but then... WTF REALLY? Stupid pair.. stupid currency to begin with. H4 candle closes below Gray line Resistance. Is it going down? I don't know... it should, but God knows anymore..
M5 has not turned back down yet. So check to see if even M1 has started down.
To free Gazans of Hamas, use whatever it takes.
  • #774,345
  • Sep 13, 2023 8:31am Sep 13, 2023 8:31am
Quoting BeeTogether
So this is crazy.. poor UK data and it doesn’t go below 124 and good US data and boom it goes up
Prolly because big guys are already positioned... so they didn't see any need to push or pull the pair in any direction.
"No trade is still a trade." - Peter Borish
  • #774,346
  • Sep 13, 2023 8:36am Sep 13, 2023 8:36am
Quoting ArnoldPike
{quote} i have found that when, without doing any research fully, people cannot differentiate between factual knowledge from an opinion, then you know people are in trouble. you may have an opionion about pc but if you performed the research you would find he was telling the truth. not the nicest way to push and pull people to come outta their comfort zone, but that dont make it untrue.
....but how do you know what he was saying is the truth?
  • #774,347
  • Sep 13, 2023 8:39am Sep 13, 2023 8:39am
Quoting Coreg2004
{quote} Don, thanks, If the zone for C @1.2475-1.2424 holds, min ret (to the last swing up on the daily chart) should reach 1.2736 as of right now. The challenge is to pinpoint the reversal so we won't ride on the pain train. {image} {image}
Quoting Haydel
{quote} That seems to be an emotional reaction form many participants speculating on the market, as usual around this big news. Nevertheless, I think the combination of both UK and US data will make Cable go lower during the following hours/days.
Haydel, not necessarily. GU was jerking around for 5 days in PRZ.
Attached Image (click to enlarge)
Click to Enlarge Name: Gu 09.13 daily.png Size: 52 KB
Always trade your own plan...I don't provide trading signals.
  • #774,348
  • Sep 13, 2023 8:51am Sep 13, 2023 8:51am
Wish I knew where to borrow the balls to SHORT now
  • #774,349
  • Sep 13, 2023 8:51am Sep 13, 2023 8:51am
test short round number 1.2500
  • #774,350
  • Sep 13, 2023 8:55am Sep 13, 2023 8:55am
Quoting BrainBucks
Wish I knew where to borrow the balls to SHORT now
Percentage volume oscillator is suggesting caution with low volume activity.
  • #774,351
  • Sep 13, 2023 9:02am Sep 13, 2023 9:02am
Quoting randu
test short round number 1.2500
last H1 closed is above daily pivot.... not good for this entry.
  • #774,352
  • Sep 13, 2023 9:20am Sep 13, 2023 9:20am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-09-13-17-19-35-097_net.metaquotes.metatrader4.jpg Size: 627 KB
yes yes yes
  • #774,353
  • Sep 13, 2023 9:23am Sep 13, 2023 9:23am
Quoting ScalaFX
{quote} closed 1906, waiting for activate longs, one buyed now 1906
closed now, good day, both sides profit pendings still in play but only for today NY session
People don't plan to lose. They lose because they don't plan.
  • #774,354
  • Sep 13, 2023 9:28am Sep 13, 2023 9:28am
Buy scalp in play just woke up n missed all the move …. Targetting 1.25
Extreme gut feeling trader
  • #774,355
  • Sep 13, 2023 9:49am Sep 13, 2023 9:49am
Quoting montygoldy
Buy scalp in play just woke up n missed all the move …. Targetting 1.25
tp hit
Extreme gut feeling trader
  • #774,356
  • Sep 13, 2023 9:50am Sep 13, 2023 9:50am
Going to buy again later with lower price
Extreme gut feeling trader
  • #774,357
  • Sep 13, 2023 9:57am Sep 13, 2023 9:57am
Buyers will struggle with sellers.

Eventually, the price will go up.

For todat, 2530 is what I expect.

The bullish daily candle today needs to meet ADR.
Intraday only.
  • #774,358
  • Sep 13, 2023 10:00am Sep 13, 2023 10:00am
Dxy soon gonna pick a side to follow.. I am expecting a up move first to fill the gap at 105xxxx. Gaps are frustrating btw.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-09-13 at 10.58.31 AM.png Size: 75 KB
Extreme gut feeling trader
  • #774,359
  • Sep 13, 2023 10:06am Sep 13, 2023 10:06am
Quoting Moty
{quote} The crocks don't letting them {image}

Moty, you might like this MT4 indicator.
Use 9 periods and the wilder EMA.
Compare it to the buy and sell indicators produced by some of your other indicators. You will be impressed with the correlation!
Attached File(s)
File Type: zip AllAverages v4.9.zip   11 KB | 176 downloads
  • #774,360
  • Sep 13, 2023 10:08am Sep 13, 2023 10:08am
Quoting Waveskierrob
{quote} ....but how do you know what he was saying is the truth?
Because of the Mulder Syndrome: "I want to believe. . ."
To free Gazans of Hamas, use whatever it takes.
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