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Cable Update (GBPUSD)

  • #778,321
  • Sep 27, 2023 2:41am Sep 27, 2023 2:41am
TDI wrapping itself around the midpoint.
BBSqueeze wrapping itself aroudn the midpoint as well.
In both the 1 min and 5 min time frames.
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  • #778,322
  • Sep 27, 2023 2:55am Sep 27, 2023 2:55am
morning

just scalps

M5 for 10 pips 2148 short
in wondering about yourself, you forgot what you came here to be part of
  • #778,323
  • Sep 27, 2023 2:56am Sep 27, 2023 2:56am
Quoting TheWraith
{quote} Shrink by 0.3%? That would mean recession for UK. What was the last reading 0.1% Q/Q?
Lots of contradictive debates about this, I find on Guardian this morning.
https://www.theguardian.com/politics...ne-and-us-grow
  • #778,324
  • Sep 27, 2023 3:01am Sep 27, 2023 3:01am
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Just trying to not anything
  • #778,325
  • Sep 27, 2023 3:03am Sep 27, 2023 3:03am
Quoting TheWraith
{quote} If I picked one random TF of some random currency pair from 5 years ago, would you know which pair it is?
Nice trick question in which you give the answer.

You stated you made RANDOM selections. Therefore, no, we cannot know the result of your selections unless you reveal them.
To free Gazans of Hamas, use whatever it takes.
  • #778,326
  • Sep 27, 2023 3:04am Sep 27, 2023 3:04am
Quoting Moty
Let's go mf I am ready {image}
I need to stop being greedy
The size of the bands is 7
Not need to go for 10 pips
It's enough to win 10 trades of 7 pips to double the account
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yes yes yes
  • #778,327
  • Sep 27, 2023 3:09am Sep 27, 2023 3:09am
Quoting knkie
morning just scalps M5 for 10 pips 2148 short
exit -5
sidelines until i see M30 develop more...
in wondering about yourself, you forgot what you came here to be part of
  • #778,328
  • Sep 27, 2023 3:09am Sep 27, 2023 3:09am
pending shorts @1.2163/67
chaos is just unknown order
  • #778,329
  • Sep 27, 2023 3:16am Sep 27, 2023 3:16am
Short 15p SL
The market hides a perfect geometry.
  • #778,330
  • Sep 27, 2023 3:17am Sep 27, 2023 3:17am
Quoting Moty
{quote} I need to stop being greedy The size of the bands is 7 Not need to go for 10 pips It's enough to win 10 trades of 7 pips to double the account {image} {image}
First blood
Again
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yes yes yes
  • #778,331
  • Sep 27, 2023 3:19am Sep 27, 2023 3:19am
not easy task to shift market trend..
but i see a reversal pattern for retracement.
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  • #778,332
  • Sep 27, 2023 3:26am Sep 27, 2023 3:26am
Quoting DrDave
{quote} Nice trick question in which you give the answer. You stated you made RANDOM selections. Therefore, no, we cannot know the result of your selections unless you reveal them.
I agreed with Wave in his statement that forex pairs don't have "a way they move". Sometimes they trend, sometimes not.
This is true for all currency pairs.

This is a nice statement for those that think one currency pair has it's nature... it doesn't.

So, yeah, while I said GBP/AUD was better to trade then GBP/USD, I meant in this period of time.
  • #778,333
  • Sep 27, 2023 3:27am Sep 27, 2023 3:27am
Quoting Moty
{quote} First blood Again {image} {image}
2nd blood
8 to go
yes yes yes
  • #778,334
  • Sep 27, 2023 3:29am Sep 27, 2023 3:29am
Quoting Whale
not easy task to shift market trend.. but i see a reversal pattern for retracement. {image}
Hourly confirms!

Lack of volatility is what concerns me.
  • #778,335
  • Sep 27, 2023 3:31am Sep 27, 2023 3:31am
Quoting Lbrto
{quote} Comgratulations!
Thank you
  • #778,336
  • Sep 27, 2023 3:31am Sep 27, 2023 3:31am
Quoting TheWraith
{quote} I agreed with Wave in his statement that forex pairs don't have "a way they move". Sometimes they trend, sometimes not. This is true for all currency pairs. This is a nice statement for those that think one currency pair has it's nature... it doesn't. So, yeah, while I said GBP/AUD was better to trade then GBP/USD, I meant in this period of time.
Well...Currencies move in certain ways but only for a certain amount of time. I was shocked in the beginning of the year of EUR/SEK. It changed completely. So, yes, it is not set in stone.
  • #778,337
  • Edited 3:48am Sep 27, 2023 3:33am | Edited 3:48am
Quoting Luxyus
pending shorts @1.2163/67
first short triggered @1.2164
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chaos is just unknown order
  • #778,338
  • Sep 27, 2023 3:33am Sep 27, 2023 3:33am
I think GBP/USD is overdone. No one wants it more down anymore, haha. I wanted to buy 20 minutes ago at 1.2148 but it didn't fit into my trading. It said "too dangerous" so I left it. I think GBP/USD needs a correction up now. As you can see low was already at 1.2136 area so don't expect too much upwards.
  • #778,339
  • Sep 27, 2023 3:36am Sep 27, 2023 3:36am
come on mister 1.21547
If you could stop the previous drop
You can handle this one
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yes yes yes
  • #778,340
  • Sep 27, 2023 3:40am Sep 27, 2023 3:40am
Quoting TheWraith
{quote} Hourly confirms! Lack of volatility is what concerns me.
honestly.. in trading fx or futures the only confirmation i know is money in the bank.

always suspect it could go wrong.
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