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Cable Update (GBPUSD)

  • #778,921
  • Sep 28, 2023 7:32pm Sep 28, 2023 7:32pm
Quoting TheWraith
The Treasury Department has sent out its plans for a shutdown, highlighting ways that it would affect everyday Americans. Among those impacts: Taxpayer calls to the IRS will not be answered. "Outside of filing season, for the month of October, the IRS answers approximately 46,000 phone calls per day," the Treasury said. "Refunds will not be processed except in cases where e-filed, error-free refunds can be direct deposited automatically," which could affect up to "10.5 million individual 1040 filers on extension through the Oct. 16 deadline," the...
thanks for the info friend , very interesting read
Master your mind. Master Trading.
  • #778,922
  • Sep 28, 2023 7:39pm Sep 28, 2023 7:39pm
Well, looks like Wycoff accumulation..could it be?
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  • #778,923
  • Sep 28, 2023 7:53pm Sep 28, 2023 7:53pm
Quoting navk
The price at NY close. It is bullish close. Asia opened above daily pivot. The sentiment ( gu buyer/seller ) improved from 70/30 to 55/45. Meaning buyer volume considerably reduced and seller volume considerable increased. ( Sentiment always reflects retail trader positioning ) Best thing to do would be to open long positions when price hits -38 to -50 % for daily R1 or more {image}
I am targeting the 1.2170 area
  • #778,924
  • Sep 28, 2023 8:35pm Sep 28, 2023 8:35pm
Daily Morning Star action time !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #778,925
  • Sep 28, 2023 9:12pm Sep 28, 2023 9:12pm
Quoting Wavegarrick
{quote} At least you are going for a few weeks now. Cheers. {image}
The thread was going well until this unprovoked post from WaveGarrick, just showing your true colours again Leon, see you like to post your charts only when in profit again....love it when a plan comes together...."after its happen" posts easily done...
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  • #778,926
  • Sep 28, 2023 9:33pm Sep 28, 2023 9:33pm
Quoting Wavegarrick
{quote} At least you are going for a few weeks now. Cheers. {image}
Quoting Waveskierrob
{quote} The thread was going well until this unprovoked post from WaveGarrick, just showing your true colours again Leon, see you like to post your charts only when in profit again....love it when a plan comes together...."after its happen" posts easily done... {image}
Hi my dear fellow traders, my "WAVE"mates!!!, long time to see ! I love my losses. I am always proud of my losses and my shares attest that I am in drawdown and I am proud of it ! Risk = Reward. Because I know what I am doing, contrary to appearances. Sometimes I don't share losses, sometimes I don't share wins. But it has nothing to do with my trading. It has to do with simply sharing for the love of sharing freely, on a whim. An outlandish egoistical whim. Cognitive bias makes it look otherwise for many, and that's normal, for we are only human and imperfect, each with our very limited view of the world

Anyhow, just mean to say that I love you all mates, no matter what ! I don't even need to give anyone the benefit of the doubt, because I don't think about that any more than for the few seconds it took me to write this sentence. Why? Because you are generously sharing a part of you, 100% free! And I am so grateful for your colourful shares!! You all have your colours and sharing only a tiny fraction of it, and freely = I can be grateful and that's all Cheers mates, love, not hate, oh, and tacos, of course !

Mmmmm yummy daily morning star action yummy!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #778,927
  • Sep 28, 2023 9:35pm Sep 28, 2023 9:35pm
Quoting Stavros999
Below 1.25 I will sell to 1.2150 )
Fixed profit. If it corrects upward, I will open another sell for profit target 1.1900.
  • #778,928
  • Sep 28, 2023 9:41pm Sep 28, 2023 9:41pm
Quoting BeeTogether
{quote} below 125 could be catastrophic for the pound
In the medium term, this decline is a downward correction. The correction will turn into a downward trend below 1.16. There is still a long way to go before a catastrophe.
  • #778,929
  • Sep 28, 2023 9:55pm Sep 28, 2023 9:55pm
if UJ can get through 149.38 and hold that lvel the next big target is 154.46.
  • #778,930
  • Sep 28, 2023 10:00pm Sep 28, 2023 10:00pm
EURNZD looks at a interesting lvl for a short ....just crossed today a big lvl..
  • #778,931
  • Sep 28, 2023 10:33pm Sep 28, 2023 10:33pm
Quoting iusman23
What is making GU upwards?
Watch EU, they are correlated. EU is a great way to assess the strength of Dollar.
More time in the market, does not mean you trade better!
  • #778,932
  • Sep 28, 2023 10:37pm Sep 28, 2023 10:37pm
Quoting shakmoney
{quote} I am targeting the 1.2170 area
Expect unexpected things to happen.

Tomorrow, news event will decide the Friday direction.
Intraday only.
  • #778,933
  • Sep 28, 2023 10:43pm Sep 28, 2023 10:43pm
gu is still in a vicious downtrend...i would be patient and wait for an opportunity to go short on this retracement.
  • #778,934
  • Sep 28, 2023 10:46pm Sep 28, 2023 10:46pm
Quoting ninner
gu is still in a vicious downtrend...i would be patient and wait for an opportunity to go short on this retracement.
Which area are you looking at
  • #778,935
  • Sep 28, 2023 10:51pm Sep 28, 2023 10:51pm
Quoting shakmoney
{quote} Which area are you looking at
As long as it stays below the 1.2420 area for right now i have to be bearish...i will redo my calculations at the end of the month. I dont see a bottoming pattern and markets usually dont just go straight up against that big wall....i still have a initial target of 1.16.
  • #778,936
  • Sep 28, 2023 11:51pm Sep 28, 2023 11:51pm
Eurusd looking good to push higher I’m going for a small buy here target 1.06649
Master your mind. Master Trading.
  • #778,937
  • Sep 28, 2023 11:57pm Sep 28, 2023 11:57pm
Quoting karankeni
Well, looks like Wycoff accumulation..could it be? {image}
this is wycoff false break
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yes yes yes
  • #778,938
  • Sep 29, 2023 12:01am Sep 29, 2023 12:01am
Checking pa, correction continues up, next limit 2240, may range 2210 limit to 2240 limit but target 2250 may need 2 legs up as in a last leg up for down, next keg may below 2175. So probable 2 legs 2210 to 40 and next 2240+to 2175-, the 2175 to 2250+., 2285, 2300 +. So limit 2240 important at target. If 2210 breaks down now then may to back 2175 again. Take care, will do as per.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #778,939
  • Sep 29, 2023 12:01am Sep 29, 2023 12:01am
Quoting KareemAliFx
Eurusd looking good to push higher I’m going for a small buy here target 1.06649
good luck!! The problem now is that there a lot of overhead supply now. Anyone that bought from 1.0630 or there abouts are in a losing position. Getting through there takes time and I’m still bullish on the dxy.
  • #778,940
  • Sep 29, 2023 12:03am Sep 29, 2023 12:03am
Quoting ninner
{quote} good luck!! The problem now is that there a lot of overhead supply now. Anyone that bought from 1.0630 or there abouts are in a losing position. Getting through there takes time and I’m still bullish on the dxy.
I agree , I am bullish as hell on dxy but since it’s end of month and week , seems like we have profit taking so looks good to short dxy for now but med to long term looks good to continue its trend
Master your mind. Master Trading.
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