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Cable Update (GBPUSD)

  • #774,401
  • Sep 13, 2023 1:12pm Sep 13, 2023 1:12pm
The slowness makes to think it is going to fall.

Better to see 4hr tf chart, the previous sell line... that is stopping,

See also the hourly candle for clues.

For today, i booked my profits - long.

Will follow hourly direction once asia opens. ( 8 pm est + 1 hr )
Attached Image(s) (click to enlarge)
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Intraday only.
  • #774,402
  • Sep 13, 2023 1:27pm Sep 13, 2023 1:27pm
Quoting Cgpips
{quote} Agree, but now indecision status both fundamental and technical facts , 1.245 is a good level for bull. As TheWraith said, the next coming weeks in September will very likely a big deal trend, It's a nice timing to grab some nice premium / discount price positions. I will wait the oversold / overbought pullback to enter. Avoid squeeze sessions. reasons for bull - when news and experts forecast all point to sell, consider buy setup /net long instead. Couple of times, I found they forecast...
So I'm right again! But I'm so stupid to enter the news, and lose some profit gained from Tokyo/London session. New York session mostly not easy for me

reasons for bull - when news and experts forecast all point to sell, consider buy setup /net long instead. Couple of times, I found they forecast with a big title showing momentum, and mention that would happen maybe couple of months later in the article.
  • #774,403
  • Sep 13, 2023 1:27pm Sep 13, 2023 1:27pm
GBP/USD Analysis

M15 Chart

Bullish, Buy Zone In Place, With Blue Line Acting As A Signal Buy Will Continue

M30 Chart

Bullish, Buy Zone Has Just Started To Develop Signalling Further Buy Is Probable, Also With Blue Line Acting As A Backup To This Idea

H1 Chart

Bullish, However Sell Zone Is Still Prevalent And We Have Yet To See Buy Zone Actually Forming On H1 TF, Also Blue Line Acting As A Backup That Buy Zone Might Actually Be Taking Place In The Near Future To Come

H4 Chart

Bearish Outlook With Some Signs Of Bull Presence, Although H4 TF Has A Way To Go Still To Show Those Slight Bullish Signs Are Actually Important, However Blue Line Is Still Above Signalling That Bears Just Might Not Be Done Yet In The Longer Term While We Also Have A Pretty Significant Sell Zone Still In Play Suggesting We Will Need To See More Than One Good Rally For This Sell Zone To Start Fading And Contracting

Overall: Bullish In The Short Term, Bearish In The Long Term
Attached Image(s) (click to enlarge)
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  • #774,404
  • Sep 13, 2023 1:28pm Sep 13, 2023 1:28pm
This is daily chart.

In my view.. bottom is in place. See the trend line support and bounce.

Play longs cautiously.
Attached Image (click to enlarge)
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Intraday only.
  • #774,405
  • Sep 13, 2023 1:40pm Sep 13, 2023 1:40pm
Quoting navk
This is daily chart. In my view.. bottom is in place. See the trend line support and bounce. Play longs cautiously. {image}
There is still a lot of room to drop
  • #774,406
  • Sep 13, 2023 1:54pm Sep 13, 2023 1:54pm
Finally
Attached Image (click to enlarge)
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yes yes yes
  • #774,407
  • Sep 13, 2023 2:01pm Sep 13, 2023 2:01pm
Quoting TheWraith
GBP/USD Analysis M15 Chart Bullish, Buy Zone In Place, With Blue Line Acting As A Signal Buy Will Continue M30 Chart Bullish, Buy Zone Has Just Started To Develop Signalling Further Buy Is Probable, Also With Blue Line Acting As A Backup To This Idea H1 Chart Bullish, However Sell Zone Is Still Prevalent And We Have Yet To See Buy Zone Actually Forming On H1 TF, Also Blue Line Acting As A Backup That Buy Zone Might Actually Be Taking Place In The Near Future To Come H4 Chart Bearish Outlook With Some Signs Of Bull Presence, Although H4 TF Has A...
Just out of curiosity, what is your take on EU, Gold and DXY in the same timeframes?
I know they don't always perform 'as expected' but every now and then they do.
  • #774,408
  • Sep 13, 2023 2:03pm Sep 13, 2023 2:03pm
see if it can break 1.24830, or bounce up here.
now it looks like a "guess bottom" move.
Attached Image (click to enlarge)
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  • #774,409
  • Sep 13, 2023 2:10pm Sep 13, 2023 2:10pm
Quoting Cgpips
see if it can break 1.24830, or bounce up here. now it looks like a "guess bottom" move. {image}
After ranging all day now isn't the time for a big move in either direction, IMHO.
  • #774,410
  • Edited Sep 14, 2023 12:51pm Sep 13, 2023 2:37pm | Edited Sep 14, 2023 12:51pm
Quoting fontu
Checking news time last leg up, new low done and huge jump up, just apparent survival manuever but no excuse, waiting for bottom test. So waiting breakout to start at 2501/00 better. Next 2489 and confirmation 2480.Take care {image}
Below 2481 confirmation, better below 2479 maytolay 2471 and 51, so keeping open overnight. take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #774,411
  • Sep 13, 2023 2:40pm Sep 13, 2023 2:40pm
Quoting fontu
{quote} Below 2481 confirmation, better below 2479 maytolay 2671 and 51, so keeping open overnight. take care {image}
Hello friend you think this night they go 2671,is it possible?
  • #774,412
  • Sep 13, 2023 2:41pm Sep 13, 2023 2:41pm
Quoting dantpm
{quote} After ranging all day now isn't the time for a big move in either direction, IMHO.
Yes, you're right. Now it's not going move a lot ATM, but I think it will move to a price level that implies both direction. Maybe 950
My last long from 1.24830 today, will close soon.
  • #774,413
  • Sep 13, 2023 2:50pm Sep 13, 2023 2:50pm
Quoting montygoldy
{quote} Closed more of long trades…. Some gold longs are there underwater.. aiming for 1911-12 somewhere.. lets see how it goes… Edit for gold longs underwater huge hopes for this 2h candle to kiss 1911.5 to 1912 zone. Price is at strong support ... lets see {image} {image}
Calling of a day milked some pips from us30.. could have been a 2k day but gold as usual having other plans…. Some gold longs underwater hoping for asia to push gold to 1911-12 zone.. currently gold sits at a very strong support hoping to see some bounce…
THIS WEEK BEEN SO EVENTFUL STARTED WITH 7k AND MOVED TO 17K AND THEN DOWN TO 3.3K AND NOW BACK AGAIN CLOSE TO 7.1K…….. FOR NEXT 2 DAYS GOAL WILL BE TO CLOSE AROUND 10k…
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Extreme gut feeling trader
  • #774,414
  • Sep 13, 2023 3:01pm Sep 13, 2023 3:01pm
For Cable i see it going up again to test 1.25400-600 zone ... as bottoms are holding well
Attached Image (click to enlarge)
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Extreme gut feeling trader
  • #774,415
  • Sep 13, 2023 3:10pm Sep 13, 2023 3:10pm
Quoting Waveskierrob
{quote} ....but how do you know what he was saying is the truth?
where is PAT?
  • #774,416
  • Sep 13, 2023 3:22pm Sep 13, 2023 3:22pm
Quoting montygoldy
{quote} Calling of a day milked some pips from us30.. could have been a 2k day but gold as usual having other plans…. Some gold longs underwater hoping for asia to push gold to 1911-12 zone.. currently gold sits at a very strong support hoping to see some bounce… THIS WEEK BEEN SO EVENTFUL STARTED WITH 7k AND MOVED TO 17K AND THEN DOWN TO 3.3K AND NOW BACK AGAIN CLOSE TO 7.1K…….. FOR NEXT 2 DAYS GOAL WILL BE TO CLOSE AROUND 10k… {image} {image}
I might have had to kick a puppy after this. Just once.
Don't compare your trades to others. Most often the masses are the asses
  • #774,417
  • Sep 13, 2023 3:31pm Sep 13, 2023 3:31pm
Quoting genadi
{quote} where is PAT?
He's in there somewhere...
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  • #774,418
  • Sep 13, 2023 3:42pm Sep 13, 2023 3:42pm
Quoting Waveskierrob
{quote} He's in there somewhere... {image}
New Zeland?
  • #774,419
  • Sep 13, 2023 3:42pm Sep 13, 2023 3:42pm
Quoting Waveskierrob
{quote} He's in there somewhere... {image}
Is this Coldplay concert?
  • #774,420
  • Sep 13, 2023 3:48pm Sep 13, 2023 3:48pm
EU --- my 3cents, be careful tho red news tomorrow could fuckthisup
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