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Cable Update (GBPUSD)

  • #780,961
  • Oct 6, 2023 6:46am Oct 6, 2023 6:46am
Are we all ready for firework in 45 mins?
  • #780,962
  • Oct 6, 2023 6:48am Oct 6, 2023 6:48am
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Nice pall and tried to pinch a few
  • #780,963
  • Oct 6, 2023 6:53am Oct 6, 2023 6:53am
Quoting elbert3
{image} Nice pall and tried to pinch a few
keeping a tight SL here ? I don’t usually use an SL however as I have a sell from 12166 I’m keeping it at 12230 (manually adjusting) if the numbers are poor then 123 is open if not the door 121-120 are
Insane in the Brain..
  • #780,964
  • Oct 6, 2023 6:54am Oct 6, 2023 6:54am
Wanna choose?
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  • #780,965
  • Oct 6, 2023 7:02am Oct 6, 2023 7:02am
...support found on the drop from current dly hi @ the prev 1hr/minor 4hr sw hi zone where a prev 30min sw lo zone had developed/38.2% fib
------------------------------------------

Can it really be as easy as supp/res? lol! Trick is knowing which have the greater probability of a break or bounce of course!

1hr below
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Trader with an Edge.
  • #780,966
  • Oct 6, 2023 7:03am Oct 6, 2023 7:03am
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Quoting Whale
Wanna choose? {image}
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Sorry buddy busy juggling that carefull was another good call flipped it and as I said it never went to the 2161. Fib number Tegards
  • #780,967
  • Oct 6, 2023 7:06am Oct 6, 2023 7:06am
i moved up my stop to protect profits when the news comes up


still boolish
short trump and go long the deepstate
  • #780,968
  • Oct 6, 2023 7:09am Oct 6, 2023 7:09am
Need big bill rejection here now 2 min at this time shows doji but could be set to fire up . Accounts will have to wait a bit
  • #780,969
  • Oct 6, 2023 7:10am Oct 6, 2023 7:10am
...to the upside the next fib clusters (of main swing hi moves down from and including 3142 -2038) are:

2325-2331 3 fib cluster
2392-2403 3 fib cluster

the 23.6% of current yrly hi 3142-2038 is @ 2298, 38.2% of the move is @ 2458.
Trader with an Edge.
  • #780,970
  • Oct 6, 2023 7:12am Oct 6, 2023 7:12am
That last move up came from the top of 4 hour candle and 200 ema on Lower chart time
  • #780,971
  • Oct 6, 2023 7:15am Oct 6, 2023 7:15am
Sell on 2230 order
  • #780,972
  • Oct 6, 2023 7:18am Oct 6, 2023 7:18am
time for sells!!
  • #780,973
  • Oct 6, 2023 7:23am Oct 6, 2023 7:23am
Quoting Headland
...to the upside the next fib clusters (of main swing hi moves down from and including 3142 -2038) are: 2325-2331 3 fib cluster 2392-2403 3 fib cluster the 23.6% of current yrly hi 3142-2038 is @ 2298, 38.2% of the move is @ 2458.
...there is a 4 fib cluster 2177-72 to the downside of main swings lo's up from and including 2038 (current wkly lo) to current dly hi moves, but I doubt it will matter if there is a big downside reaction to NFP?
Trader with an Edge.
  • #780,974
  • Oct 6, 2023 7:25am Oct 6, 2023 7:25am
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Today is a crest and reversal day. Take advantage of the opportunity.

  • #780,975
  • Oct 6, 2023 7:26am Oct 6, 2023 7:26am
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  • #780,976
  • Oct 6, 2023 7:32am Oct 6, 2023 7:32am
Yes yes yes
Closed two 0.2 lot positions close to the pivot line manually
Took snap long immediately after
I only wanted to get out at be ,but it didn't let so.....
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yes yes yes
  • #780,977
  • Oct 6, 2023 7:33am Oct 6, 2023 7:33am
Wooooa the NFP read out is mad! Nearly doubled the forecast

SL at b/e 12166

let’s open 121 and go to see 120 please!
Insane in the Brain..
  • #780,978
  • Oct 6, 2023 7:34am Oct 6, 2023 7:34am
Quoting Pranjal
{quote} Same thing happened during the lasr FOMC minutes. Gu, Eu and gold all rallied just 2-3 hours before FOMC news and after the news ..... I am not saying that GU will fall after news but there are exception days when market may rally just before important news.
Same thing happened today too. Pump before news and then dump.
  • #780,979
  • Oct 6, 2023 7:34am Oct 6, 2023 7:34am
Quoting Zebi
{quote} random numbers? my numbers are candle closes as you can see where i start my line draws wicks just represent stupid retail traders going long and short and losing {image}

heres an update to my chart in the quote

as long as the lower black line holds we'll see the upper one
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short trump and go long the deepstate
  • #780,980
  • Oct 6, 2023 7:36am Oct 6, 2023 7:36am
Quoting moty
yes yes yes Closed two 0.2 lot positions close to the pivot line manually took snap long immediately after I only wanted to get out at be ,but it didn't let so..... {image}
שתהיה שבת שלום.
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