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Cable Update (GBPUSD)

  • #780,861
  • Oct 6, 2023 12:55am Oct 6, 2023 12:55am
Quoting shakmoney
{quote} it's already broken
to the upside i mean
Intraday only.
  • #780,862
  • Oct 6, 2023 12:58am Oct 6, 2023 12:58am
Quoting Konichiwhaat
{quote} I sense USD strength imminent. Expecting SL to be hit on first attempt
SL hit as I thought. Will watch 2150 as next buy level, but I suspect dollar strength will continue, just looking at momentum and the fact that its Friday. News may flip it
Emotional Control. Process, not outcome.
  • #780,863
  • Oct 6, 2023 1:11am Oct 6, 2023 1:11am
XAUUSD UPDATE: I am waiting for a signal for XAUUSD (GOLD) to add longs, it looks like it's going to hit 1809 before a pullback.
GBP/USD UPDATE: The candle's movement looks like 1.21200 and then pulls back to 1.2300 area. Might not be today but next week. But this is uncertain it can hit 1.2300 today.
Secret to the Price Action is Liquidity.
  • #780,864
  • Oct 6, 2023 1:19am Oct 6, 2023 1:19am
Quoting voeltoez
{quote} propfirm isn't solution if you cant manage ur own money,, its just like bomb time,
well said
Dangdut is a music of my country
  • #780,865
  • Oct 6, 2023 1:31am Oct 6, 2023 1:31am
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GU&EU shorted.
SL:3 hours ago candle
The short position at the bottom of GU remains as it was yesterday. After that, I put in a long position and settled the trade.
  • #780,866
  • Oct 6, 2023 1:36am Oct 6, 2023 1:36am
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yes yes yes
  • #780,867
  • Oct 6, 2023 1:38am Oct 6, 2023 1:38am
closed all trades.. got bad feelings..good luck.at nfp guys..im out.
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  • #780,868
  • Oct 6, 2023 1:38am Oct 6, 2023 1:38am
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Morning last nights play and I woke at 6.3 and placed the pp . That was take . So money in the bank and now looking at that TL attraction. 2250 area and hope it will break that towards 2095 lower line possible 2072 fib number . No long analysis yet as I am no long long . GOOD LUCK .. E
  • #780,869
  • Oct 6, 2023 1:39am Oct 6, 2023 1:39am
Quoting voeltoez
closed all trades.. got bad feelings..good luck.at nfp guys..im out. {image}
bout doing well
  • #780,870
  • Oct 6, 2023 1:49am Oct 6, 2023 1:49am
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State of play .. coffee time . Be busy today as I have end of year accounts and a 3 month VAT. To do . The wife thinks the pst 2 days I have been doing them lol but I have been streessssed to death with you guys here shhh I managed to move our AGM to tomorrow. They wanted it today but I would have to smuggle my phine in as she searches me for it . For them old followers this has been going on for years .. just thought I would share that for the older followers GL today I will be watching E
  • #780,871
  • Oct 6, 2023 1:51am Oct 6, 2023 1:51am
Potential to drop towards todays S1 level as it may just dither in range till NFP. Let’s see how it goes, my thinking it’s Friday so we usually get both the bears and bulls playing. If NFP data is bad then potentially 123 is on the cards. If it’s good however 120 is also in view.
Insane in the Brain..
  • #780,872
  • Oct 6, 2023 1:58am Oct 6, 2023 1:58am
Will test buy at the open as we are stalling here at potential support
Emotional Control. Process, not outcome.
  • #780,873
  • Oct 6, 2023 1:59am Oct 6, 2023 1:59am
Quoting BeeTogether
Potential to drop towards todays S1 level as it may just dither in range till NFP. Let’s see how it goes, my thinking it’s Friday so we usually get both the bears and bulls playing. If NFP data is bad then potentially 123 is on the cards. If it’s good however 120 is also in view.
not this week
  • #780,874
  • Oct 6, 2023 2:08am Oct 6, 2023 2:08am
I’m going with the major
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  • #780,875
  • Oct 6, 2023 2:12am Oct 6, 2023 2:12am
Quoting fontu
{quote} Checking usdx pa , some bounce likely at limit, major tl below but still no good bounce yet. Anyway a bounce on the way weekend! Lets see {image}
i saw this too on dxy..
better waiting after the NFP..
dxy will fly i guess..
  • #780,876
  • Oct 6, 2023 2:13am Oct 6, 2023 2:13am
Nice
What is funny is that if i had stayed with my short positions until pivot i. Would got bak.to be
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yes yes yes
  • #780,877
  • Oct 6, 2023 2:13am Oct 6, 2023 2:13am
Quoting Konichiwhaat
Will test buy at the open as we are stalling here at potential support
15 pips in 13 mins...
Emotional Control. Process, not outcome.
  • #780,878
  • Oct 6, 2023 2:17am Oct 6, 2023 2:17am
Quoting Konichiwhaat
{quote} 15 pips in 13 mins...
A great 1st week back on the charts. 6 trades, 4 wins, 2 losses, approx. 4% gain. Take care, have a great weekend everyone
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Emotional Control. Process, not outcome.
  • #780,879
  • Oct 6, 2023 2:18am Oct 6, 2023 2:18am
NFP today?
GU uncertain conditions, UK gilts are all time high, investors loosing faith and started to assume rate cuts next summer. Dollar strong, but then we have pressure in JPY pair.

Never easy, trade safe, it's Friday!

Informative article -
https://think.ing.com/articles/month...-reach-a-peak/
  • #780,880
  • Oct 6, 2023 2:20am Oct 6, 2023 2:20am
Quoting fontu
{quote} Checking usdx pa , some bounce likely at limit, major tl below but still no good bounce yet. Anyway a bounce on the way weekend! Lets see {image}
105.32 also valid M pattern
10555 daily Donchian Middle
10560 EMA 20
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