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Cable Update (GBPUSD)

  • #779,041
  • Sep 29, 2023 6:27am Sep 29, 2023 6:27am
Moty really angry with GU,
Secret to the Price Action is Liquidity.
  • #779,042
  • Sep 29, 2023 6:33am Sep 29, 2023 6:33am
Quoting iusman23
Moty really angry with GU,
Trading against Moty bias is a statistically and historically proven money maker, even if briefly.
  • #779,043
  • Sep 29, 2023 6:33am Sep 29, 2023 6:33am
Gaetz: Government will shutdown and it's McCarthy's fault
  • #779,044
  • Edited 7:00am Sep 29, 2023 6:42am | Edited 7:00am
too early to say but if price just closes green on weekly will signal buy for another week or two

if price closes above that red line at 2308 will be bigger buy sig that may reach all the way back to 2700 before starts falling again..it will be as tho the crows never existed

https://getyarn.io/yarn-clip/ba9182c...5-0f89ab2bddd9
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short trump and go long the deepstate
  • #779,045
  • Sep 29, 2023 7:02am Sep 29, 2023 7:02am
GU retracement bouncing on support before targeting 1.228* area.
Secret to the Price Action is Liquidity.
  • #779,046
  • Sep 29, 2023 7:11am Sep 29, 2023 7:11am
Exhaustion, short set ups
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yes yes yes
  • #779,047
  • Sep 29, 2023 7:12am Sep 29, 2023 7:12am
Quoting BrainBucks
{quote} Trading against Moty bias is a statistically and historically proven money maker, even if briefly.
Trading against Moty's Entry is a good strategy, But Holding against Moty's Position is not so wise. Majority of the time he get back his DD to +ve
More time in the market, does not mean you trade better!
  • #779,048
  • Sep 29, 2023 7:15am Sep 29, 2023 7:15am
Quoting Zebi
too early to say but if price just closes green on weekly will signal buy for another week or two if price closes above that red line at 2308 will be bigger buy sig that may reach all the way back to 2700 before starts falling again..it will be as tho the crows never existed https://getyarn.io/yarn-clip/ba9182c...5-0f89ab2bddd9 {image}
A weekly Close above/equal the green Line, Bullish sentiment remains
A close below Green line but above red line, Neutral - Indecision
A close below Red line, Bearish sentiment
For the following week
Am i right?
More time in the market, does not mean you trade better!
  • #779,049
  • Sep 29, 2023 7:15am Sep 29, 2023 7:15am
Quoting Fardeen1209
{quote} Trading against Moty's Entry is a good strategy, But Holding against Moty's Position is not so wise. Majority of the time he get back his DD to +ve
Agreed. He places trades on middle, not on Sup or Resis, but his calculations and analysis are mostly acurate.
Secret to the Price Action is Liquidity.
  • #779,050
  • Sep 29, 2023 7:18am Sep 29, 2023 7:18am
Quoting Fardeen1209
{quote} A weekly Close above/equal the green Line, Bullish sentiment remains A close below Green line but above red line, Neutral - Indecision A close below Red line, Bearish sentiment For the following week Am i right?
yes
short trump and go long the deepstate
  • #779,051
  • Sep 29, 2023 7:25am Sep 29, 2023 7:25am
Quoting Moty
Exhaustion, short set ups {image}
Is it you that is exhausted or the buyers?
To free Gazans of Hamas, use whatever it takes.
  • #779,052
  • Sep 29, 2023 7:26am Sep 29, 2023 7:26am
Quoting navk
{quote} Expect unexpected things to happen. Tomorrow, news event will decide the Friday direction.
How true is this !

Was expecting a chance to take long around 2180...but no chance offered.
Intraday only.
  • #779,053
  • Sep 29, 2023 7:27am Sep 29, 2023 7:27am
Quoting DrDave
{quote} Is it you that is exhausted or the buyers?
  • #779,054
  • Sep 29, 2023 7:29am Sep 29, 2023 7:29am
above 2272 is short opportunity
Intraday only.
  • #779,055
  • Sep 29, 2023 7:34am Sep 29, 2023 7:34am
Holding GU long wa a bad idea.
Secret to the Price Action is Liquidity.
  • #779,056
  • Sep 29, 2023 7:34am Sep 29, 2023 7:34am
Hmmm... numbers show rate hikes do their job... bad for USD, but GBP/USD down?? I mean I'm fine with it, I positioned my avg. at 1.2266 short but It is a bit weird. Especially because it is friday, more retrace up I would have sugested due to news also. Weird.
  • #779,057
  • Sep 29, 2023 7:36am Sep 29, 2023 7:36am
Looks like we’ve seen the highs of the day. Data seems mixed from my understanding. 12270 would be the area to close on for an assault on 123-124 next week
Insane in the Brain..
  • #779,058
  • Sep 29, 2023 7:36am Sep 29, 2023 7:36am
Quoting Moty
Exhaustion, short set ups {image}
Lost some and brought it bacfk
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yes yes yes
  • #779,059
  • Sep 29, 2023 7:38am Sep 29, 2023 7:38am
Quoting DrDave
{quote} Is it you that is exhausted or the buyers?
Both
I slept 4 hours last night
yes yes yes
  • #779,060
  • Sep 29, 2023 7:38am Sep 29, 2023 7:38am
Quoting iusman23
Holding GU long wa a bad idea.
Too early to say. My long is at BE. USD news was not good per my understanding. Sometimes it happens when price go in one direction and then in opposite.
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