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Cable Update (GBPUSD)

  • #777,981
  • Sep 26, 2023 12:10am Sep 26, 2023 12:10am
If we are breaking through 1.216* we are falling to 1.21* area.
Secret to the Price Action is Liquidity.
  • #777,982
  • Edited 12:07pm Sep 26, 2023 12:13am | Edited 12:07pm
US bank rate probability for November, UK bank rate is paused due to new fixed mortgage volume kicking off to many in Jan'24
  • #777,983
  • Sep 26, 2023 12:13am Sep 26, 2023 12:13am
Quoting SkullCandy
{quote} 25 pips thats freefalling?
He claimed to trade with 200 lot at a time. 100pips would make him a millionaire overnight -sum of all his trades on different pairs and he is always on the right move

We have a billionaire among us
More time in the market, does not mean you trade better!
  • #777,984
  • Sep 26, 2023 12:17am Sep 26, 2023 12:17am
Finally... GBP/USD @ 1.215

Time to try the first Long...

Lower lot size until I see evidence of Bulls presence..

SL 20 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 20 KB
  • #777,985
  • Sep 26, 2023 12:19am Sep 26, 2023 12:19am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_2077.jpeg Size: 391 KB

Possible 1920 area is noted
  • #777,986
  • Sep 26, 2023 12:19am Sep 26, 2023 12:19am
Quoting Fardeen1209
{quote} He claimed to trade with 200 lot at a time. 100pips would make him a millionaire overnight -sum of all his trades on different pairs and he is always on the right move We have a billionaire among us
its a honor , that i mentioned him
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #777,987
  • Sep 26, 2023 12:21am Sep 26, 2023 12:21am
USD/JPY was 80 pips from 150...

The reason I mention USD/JPY all the time is because it's also important for GBP/USD, because if Japan intervenes, USD will fall and Reversal will take place on GBP/USD as well.

GBP/JPY target = 175.615 (Weekly to confirm Short next Monday).


GBP/USD MN S2 1.214, S3 1.21

Price falling through both S2 and S3 indicates price will drop to 1.19.
Below 1.19, it could go anywhere.. don't know anymore.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD MN.png Size: 18 KB
  • #777,988
  • Sep 26, 2023 12:28am Sep 26, 2023 12:28am
Bought at weekly S1 1.2172. If it breaks 1.2165, this sucker's not done going down this week.
Why? Last week, the range was barely 200 pips. Occasionally, daily/weekly ranges tend to make it up the following session.
Lost....
  • #777,989
  • Sep 26, 2023 12:29am Sep 26, 2023 12:29am
Short without any retracement.
Secret to the Price Action is Liquidity.
  • #777,990
  • Sep 26, 2023 12:32am Sep 26, 2023 12:32am
Quoting iusman23
If we are breaking through 1.216* we are falling to 1.21* area.
why?
explain
show a chart please
in wondering about yourself, you forgot what you came here to be part of
  • #777,991
  • Sep 26, 2023 12:33am Sep 26, 2023 12:33am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_2078.png Size: 33 KB

State of play again busy morning . My broker is sending a case of wine on Friday lol
  • #777,992
  • Sep 26, 2023 12:34am Sep 26, 2023 12:34am
Stocks are again selling off during LO..
  • #777,993
  • Sep 26, 2023 12:35am Sep 26, 2023 12:35am
Looks like it'll dump again. It's bouncing at the support.
Secret to the Price Action is Liquidity.
  • #777,994
  • Sep 26, 2023 12:37am Sep 26, 2023 12:37am
Quoting iusman23
Looks like it'll dump again. It's bouncing at the support.
EU appears to be trying to drag GU up.
  • #777,995
  • Sep 26, 2023 12:37am Sep 26, 2023 12:37am
Quoting iusman23
Looks like it'll dump again. It's bouncing at the support.
Waiting for it to break the support to at add short.
Secret to the Price Action is Liquidity.
  • #777,996
  • Sep 26, 2023 12:37am Sep 26, 2023 12:37am
test buy, 15p SL, 50p TP.
The market hides a perfect geometry.
  • #777,997
  • Sep 26, 2023 12:37am Sep 26, 2023 12:37am
Who is constantly thisIliking my posts? Please, show yourself! I want to know who my biggest fan ever is! Thanks!

(When I become red diamond I'll ban you and your children's children!)

  • #777,998
  • Sep 26, 2023 12:39am Sep 26, 2023 12:39am
Quoting dantpm
{quote} EU appears to be trying to drag GU up.
EU EJ up, GU somewhat up GJ down. Probably best to trade is EUR/GBP and go long...
  • #777,999
  • Sep 26, 2023 12:42am Sep 26, 2023 12:42am
Quoting iusman23
{quote} Waiting for it to break the support to at add short.
Which price you looking at
  • #778,000
  • Sep 26, 2023 12:42am Sep 26, 2023 12:42am
Loss of $150 just because of hitting stop loss.
Secret to the Price Action is Liquidity.
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