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Cable Update (GBPUSD)

  • #776,821
  • Sep 20, 2023 1:53pm Sep 20, 2023 1:53pm
POWELL: WOULDN'T CALL SOFT LANDING A BASELINE EXPECTATION

Nice Powell... nice!
The way he paused before saying NO hahahah...
  • #776,822
  • Sep 20, 2023 1:55pm Sep 20, 2023 1:55pm
Quoting JackintheBox
Ok, he said it: They could imagine to raise rates one more time! Depends on numbers, "convincing evidence". I think we see new low today. They currently collecting shorts. May be waiting until he finished talking. He sounds stable. Good for USD. Short start below 1.2770
Now it will show. They have to push it below 1.2350 next minutes or at least 5 minutes after talk is finished. They try it currently again. But they got already one hit (that means the downtrend got damaged).

Right now war begins, let's see if 1.2350 breaks now.
  • #776,823
  • Sep 20, 2023 1:55pm Sep 20, 2023 1:55pm
Went Buy with 3 positions, waiting to for it hit TP. Really happy today.
Secret to the Price Action is Liquidity.
  • #776,824
  • Sep 20, 2023 1:56pm Sep 20, 2023 1:56pm
Quoting Wavegarrick
Usdx before FOMC setting up for bearish cycle?, Yes/No {image}
Spring loaded buy trade setup.
Attached Image (click to enlarge)
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Trade to trade another day
  • #776,825
  • Sep 20, 2023 1:59pm Sep 20, 2023 1:59pm
I dont traded fomc becouse I done my targets today for all week, hope you are catch some good pips, now I entered slowly long at GU will add some more if slide down, cheers!
People don't plan to lose. They lose because they don't plan.
  • #776,826
  • Sep 20, 2023 2:01pm Sep 20, 2023 2:01pm
Quoting JackintheBox
{quote} Now it will show. They have to push it below 1.2350 next minutes or at least 5 minutes after talk is finished. They try it currently again. But they got already one hit (that means the downtrend got damaged). Right now war begins, let's see if 1.2350 breaks now.
They had to take a big snap bag up to almost 1.2370. Downtrend now quite damaged, currently next attack on 1.2350 attempt. I would wait for break, they get weaker and weaker to push it down. Cost money for shorties.
  • #776,827
  • Sep 20, 2023 2:01pm Sep 20, 2023 2:01pm
Quoting Zebi
price is in no mans land on 15 min so will just keep short orders in i wouldnt buy unless on a test of 2330
im off for some errands...if my orders dont get hit ill take a short or long only on 4H signal

dont become road kill gentlemen
short trump and go long the deepstate
  • #776,828
  • Sep 20, 2023 2:03pm Sep 20, 2023 2:03pm
Quoting TheWraith
POWELL: WOULDN'T CALL SOFT LANDING A BASELINE EXPECTATION Nice Powell... nice! The way he paused before saying NO hahahah...
Powell: I didn't say soft landing isn't primary projection!

YES YOU DID HAHAHAHAH

LoooooL
  • #776,829
  • Sep 20, 2023 2:04pm Sep 20, 2023 2:04pm
Quoting T721
{quote} In other news i am a little underwater ftse and looking to add
...same here BE 7400...
  • #776,830
  • Sep 20, 2023 2:05pm Sep 20, 2023 2:05pm
The war just starter. He said soft Landing. USD is going down.
  • #776,831
  • Sep 20, 2023 2:05pm Sep 20, 2023 2:05pm
Best Financial Media -
https://on.ft.com/3EKDjJR
  • #776,832
  • Sep 20, 2023 2:05pm Sep 20, 2023 2:05pm
candlestick student coem educated us what pattern of the candle is this.
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #776,833
  • Sep 20, 2023 2:10pm Sep 20, 2023 2:10pm
Quoting donfriday
candlestick student coem educated us what pattern of the candle is this. {image}
Looks like Elliot Wave turning into Wyckoff, I guess.
Secret to the Price Action is Liquidity.
  • #776,834
  • Sep 20, 2023 2:10pm Sep 20, 2023 2:10pm
Quoting JackintheBox
{quote} They had to take a big snap bag up to almost 1.2370. Downtrend now quite damaged, currently next attack on 1.2350 attempt. I would wait for break, they get weaker and weaker to push it down. Cost money for shorties.
We currently see collecting shorts a bit slower, ready to attack 1.2350... So they wait until he finished talking. Also USD/CHF is at the border to gain new ground. I think we see real USD strength. So no long for me.
  • #776,835
  • Sep 20, 2023 2:11pm Sep 20, 2023 2:11pm
Quoting donfriday
candlestick student coem educated us what pattern of the candle is this. {image}

viagra induced priapic candle
short trump and go long the deepstate
  • #776,836
  • Sep 20, 2023 2:11pm Sep 20, 2023 2:11pm
Quoting donfriday
candlestick student coem educated us what pattern of the candle is this. {image}
Kinda looks like this to me..... a big fu from the market burning stops

Attached Image (click to enlarge)
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  • #776,837
  • Sep 20, 2023 2:12pm Sep 20, 2023 2:12pm
Quoting Waveskierrob
{quote} ...same here BE 7400...
I added more 7729, 7730 and 7731 not expecting drop today but rest of week possible... Still underwater with you on rest of positions
  • #776,838
  • Sep 20, 2023 2:16pm Sep 20, 2023 2:16pm
...that sell-off from the prev 1hr sw lo then hi zone to 2426 / 1hr/4hr sw hi zone to 2424 had started after price tested top of those zones before the fomc...2nd 1hr attempt at getting north of the 1st mentioned zone.The sell-off continued and demand was encountered in the top of the prev sw lo zone that extends down to current dly/Asian lo....small bounce and the sell-off continued deeper in that pot supp zone (that extends down to 2333 current dly lo,) and this zone is coexistent with the prev 4hr/dly/wkly sw lo zone that extends down to 2307, again = prev supp = pot supp.

1hr below
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Trader with an Edge.
  • #776,839
  • Sep 20, 2023 2:21pm Sep 20, 2023 2:21pm
Quoting T721
{quote} In other news i am a little underwater ftse and looking to add
Hope will reverse tom, if not, clear W
Attached Image (click to enlarge)
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  • #776,840
  • Sep 20, 2023 2:24pm Sep 20, 2023 2:24pm
Seems we are in for a no rate rise tomorrow too.. maybe open up 122?
Insane in the Brain..
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