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Cable Update (GBPUSD)

  • #778,801
  • Sep 28, 2023 8:35am Sep 28, 2023 8:35am
Speaker McCarthy criticizes Senate measure, says House will get bill done to avoid shutdown
PUBLISHED THU, SEP 28 20238:14 AM EDTUPDATED 36


https://www.cnbc.com/2023/09/28/hous...-shutdown.html


ill remember for future that THREATS of a shutdown just as dollar boolish as the real shutdown
short trump and go long the deepstate
  • #778,802
  • Sep 28, 2023 8:36am Sep 28, 2023 8:36am
Short

SL set, TP manual.
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Face 'ur fears & tame 'ur greed
  • #778,803
  • Sep 28, 2023 8:36am Sep 28, 2023 8:36am
Quoting TheWraith
GBPUSD 15M Went Short for some pips. Not too high probability that this trade will be successful, but we'll see. That's why lot size isn't big also. {image}
SL hit. It was just a retracement it seems.

Aight... not Selling anymore.
  • #778,804
  • Sep 28, 2023 8:37am Sep 28, 2023 8:37am
Quoting TheWraith
1.2187 Support on H1. Waiting to see where H1 will close. Retracements are usually quick, so I'm not worried at the moment.
1.2160 sup
  • #778,805
  • Sep 28, 2023 8:38am Sep 28, 2023 8:38am
Gold close to closing the gap. Could happen today (for those of you who trade Gold or think about investing in Gold).
  • #778,806
  • Sep 28, 2023 8:39am Sep 28, 2023 8:39am
Careful with that last 5 min candle . It was close to my 61.8 fib number
  • #778,807
  • Sep 28, 2023 8:41am Sep 28, 2023 8:41am
15M still Short, despite wick up above the two R's. It was liquidity graber it seems.
  • #778,808
  • Sep 28, 2023 8:42am Sep 28, 2023 8:42am
Quoting Moty
for 20 pips {image}
Mf !!!!
It turned at 1.22032
I will take my profit at 1.22080
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yes yes yes
  • #778,809
  • Sep 28, 2023 8:43am Sep 28, 2023 8:43am
Anybody trade Brent crude .? Just had a tip .. don’t play it only if it’s your trade price could see 77$ it’s now 94 . Be handy if anybody does trade that ??
  • #778,810
  • Sep 28, 2023 8:46am Sep 28, 2023 8:46am
12220 looking strong resistance level for time being. Let’s see if we can see a retest or is this the rebound area for 121
Insane in the Brain..
  • #778,811
  • Sep 28, 2023 8:46am Sep 28, 2023 8:46am
Quoting Zebi
{quote} moty..i know brits cant own guns like us but can you go out in your back yard with a slingshot and shoot the crows on any telephone poles ? this may be our only chance to reverse price this week
"No trade is still a trade." - Peter Borish
  • #778,812
  • Sep 28, 2023 8:47am Sep 28, 2023 8:47am
Quoting TheWraith
{quote} Hilarious... Poor crows.. what have they done.... You know crows are intelligent and will track you down?
"No trade is still a trade." - Peter Borish
  • #778,813
  • Sep 28, 2023 8:47am Sep 28, 2023 8:47am
Quoting dantpm
So if price reacts 'as expected' to the data, a lower than projected jobless claim and a lower than projected GDP would push the US$ down and GU up.
But studies have aleady shown that there is no price "reaction as expected" to news/data: There is no correlation between the expected reaction and the actual reaction.
To free Gazans of Hamas, use whatever it takes.
  • #778,814
  • Sep 28, 2023 8:49am Sep 28, 2023 8:49am
something's wrong with my day. yesterday I was able to scalp some in this pair.

Now I can't post an order fearing I might get whipsawed.
"No trade is still a trade." - Peter Borish
  • #778,815
  • Sep 28, 2023 8:52am Sep 28, 2023 8:52am
Quoting Lbrto
something's wrong with my day. yesterday I was able to scalp some in this pair. Now I can't post an order fearing I might get whipsawed.
Faced it yesterday. You need a little break. Relax your mind and then come back to trading.
Secret to the Price Action is Liquidity.
  • #778,816
  • Sep 28, 2023 8:53am Sep 28, 2023 8:53am
Quoting elbert3
Anybody trade Brent crude .? Just had a tip .. don’t play it only if it’s your trade price could see 77$ it’s now 94 . Be handy if anybody does trade that ??
One of my friends who is not a member of Forex Factory trades only on oil
Within 3 months, he increased his balance of $10,000 to $81,000, but unfortunately, he lost about $70,000 last week and now he is resting.

If you want, I can introduce you to each other in another platform
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I will succeed Not immediately... but definitely
  • #778,817
  • Sep 28, 2023 8:56am Sep 28, 2023 8:56am
Quoting Headland
...the chart below shows the prev dly/minor wkly sw hi zone that begins @ 2269 that provided rbs - thus creating the prev dly/4hr sw lo zone that goes down to 2189, this prev sw lo zone, ie prev supp, is now pot sbr on 4hr/dly, and on dly extends to circa 2222. Dly below {image}
...nice run up by the bulls, apparently on worries re the u.s situation with budget deal, but doubtless some profit taking on short positions too gave rise to the much-anticipated p/back, now the largest since the fall from 2747 began, to y/day's 2110 lo. 124% 30day adr traveled so far today. The supply @ current dly hi came in @ top of the zone I mentioned earlier - highlighted in the quote above from that post. It is now also a prev 1hr minor sw hi zone = prev res = pot res, in itself.

Chart below shows where the drop found some 'buy the dip' support @ the prev 1hr sw hi zone = prev res = pot rbs.

1hr below
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Trader with an Edge.
  • #778,818
  • Edited 9:41am Sep 28, 2023 8:57am | Edited 9:41am
Quoting Zebi
{quote} moty..i know brits cant own guns like us but can you go out in your back yard with a slingshot and shoot the crows on any telephone poles ? this may be our only chance to reverse price this week
1. You have the wrong country.
2. Such "sport" would put him into serious trouble by so many activist groups and broken laws.
3. He can own a gun if he has a legitimate reason that the authorities accept. The "average citizen" does not have such reasons.
4. Even the slingshot can be problematic.
To free Gazans of Hamas, use whatever it takes.
  • #778,819
  • Sep 28, 2023 8:57am Sep 28, 2023 8:57am
Quoting Phoenix-
{quote} One of my friends who is not a member of Forex Factory trades only on oil Within 3 months, he increased his balance of $10,000 to $81,000, but unfortunately, he lost about $70,000 last week and now he is resting. If you want, I can introduce you to each other in another platform {image} {image} {image} {image}
hi thank you but it’s ok I don’t trade others bar GU and gold . Life is toooo complicated lol .it was just mentioned while I was at a wedding last weekend . I have just put a small lot sell on it though just out of interest . Regards E
  • #778,820
  • Sep 28, 2023 8:59am Sep 28, 2023 8:59am
Little fake short candle I think on the 5 min could be wrong
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