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Cable Update (GBPUSD)

  • #785,081
  • Oct 22, 2023 3:04pm Oct 22, 2023 3:04pm
there is only a 8 pip gap down so far
  • #785,082
  • Oct 22, 2023 3:38pm Oct 22, 2023 3:38pm
Very clear.. daily time frame
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  • #785,083
  • Oct 22, 2023 3:50pm Oct 22, 2023 3:50pm
Although its technical structure is bearish, GBPUSD price action on the H4 time frame has been sideways for quite a while. And we may still see northward liquidity engineering to an area of value, such as the 1.23200/1.24100 horizontal resistance area (purple), before a bearish rotation.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #785,084
  • Oct 22, 2023 5:31pm Oct 22, 2023 5:31pm
pending order is in place
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yes yes yes
  • #785,085
  • Oct 22, 2023 8:04pm Oct 22, 2023 8:04pm
Quoting Zebi
i see FF gold bulls waiting for a breakoput over 2100 LOL... cause of the ground invasion as you can see from my weekly gold chart gold fell during russias war with ukie... i also posted a chart last week how gold fell during the 2006 month long hezbollah war but this time it might be different since hamas supplied by iran or whomever so could be a drawn out "war" like russias ...gold only recovered because of currency intervention last year price might have a kneejerk reaction up for a couple days but should start falling like has everyother time...

looks like gold got tired of waiting for the ground invasion of gaza and decided to drop anyways

im short from average 1975 and finally put in a sl to protect myself now from another spike to 1997..its all on gold thread
short trump and go long the deepstate
  • #785,086
  • Edited 8:24pm Oct 22, 2023 8:08pm | Edited 8:24pm
the beautiful part of it all will be gold AND dollar will both fall same time since gold nuts ran it up so high while dollar was printing inside days from oct. 16

gold and dollar charts gentlemen
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short trump and go long the deepstate
  • #785,087
  • Oct 22, 2023 8:11pm Oct 22, 2023 8:11pm
Quoting Zebi
i see FF gold bulls waiting for a breakoput over 2100 LOL... cause of the ground invasion as you can see from my weekly gold chart gold fell during russias war with ukie... i also posted a chart last week how gold fell during the 2006 month long hezbollah war but this time it might be different since hamas supplied by iran or whomever so could be a drawn out "war" like russias ...gold only recovered because of currency intervention last year price might have a kneejerk reaction up for a couple days but should start falling like has everyother time...


outthere explained it very well i think for the TA challenged

Quoting OutThere
{quote} Gold seems to build up because an expectation the the world is going to end due to a war and then when the war happens, everyone sees the world didn't end, then gold loses it's luster.
short trump and go long the deepstate
  • #785,088
  • Oct 22, 2023 8:19pm Oct 22, 2023 8:19pm
Quoting Moty
pending order is in place {image}
There is potentially more liquidity lower.
You need quite a large stop at this level which means smaller R;R.

Good Luck.
in wondering about yourself, you forgot what you came here to be part of
  • #785,089
  • Oct 22, 2023 8:21pm Oct 22, 2023 8:21pm
good morning...
Long activated 2158 just scalp 10pips trailing
  • #785,090
  • Oct 22, 2023 8:32pm Oct 22, 2023 8:32pm
Gold long 1966
POSTMASTER
  • #785,091
  • Oct 22, 2023 8:53pm Oct 22, 2023 8:53pm
Usdjpy shorts in, looking to buy gold but would like to see it pull back to 1933 area first
Master your mind. Master Trading.
  • #785,092
  • Oct 22, 2023 9:46pm Oct 22, 2023 9:46pm
Quoting voeltoez
good morning... Long activated 2158 just scalp 10pips trailing
closed -5pips
  • #785,093
  • Oct 22, 2023 11:05pm Oct 22, 2023 11:05pm
Quoting eyefeelsix
{quote} Exit all, Congratulation Bull Nice Battle {image}

still have the same view, #fifth wave is not over yet --- short for teddy bear

Attached Image (click to enlarge)
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https://breakpullback.com
  • #785,094
  • Oct 22, 2023 11:18pm Oct 22, 2023 11:18pm
Quoting Robinhood1
Bitcoin long at 29940
POSTMASTER
  • #785,095
  • Oct 22, 2023 11:35pm Oct 22, 2023 11:35pm
Quoting Robinhood1
{quote}
Just showed up for fun. I know that the majority of members are on board with the scamming Corporation. Retreat before its too late. I'll try not to come back
POSTMASTER
  • #785,096
  • Oct 22, 2023 11:59pm Oct 22, 2023 11:59pm
entered long at gu and cl
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yes yes yes
  • #785,097
  • Oct 23, 2023 12:17am Oct 23, 2023 12:17am
Quoting knkie
{quote} There is potentially more liquidity lower. You need quite a large stop at this level which means smaller R;R. Good Luck.
2150 is too soon I think.

2130-ish is cheaper
in wondering about yourself, you forgot what you came here to be part of
  • #785,098
  • Oct 23, 2023 12:33am Oct 23, 2023 12:33am
Quoting Robinhood1
{quote} Just showed up for fun. I know that the majority of members are on board with the scamming Corporation. Retreat before its too late. I'll try not to come back
You noticed that too?
Only an idiot knows with certainty to where the market is going.
  • #785,099
  • Oct 23, 2023 12:56am Oct 23, 2023 12:56am
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  • #785,100
  • Oct 23, 2023 12:57am Oct 23, 2023 12:57am
Quoting Pat Chiko
{quote} INSIDE BAR/ HARAMI Set up Thank you, Goreg, for sharing such insightful and valuable knowledge and on how to identify Inside Bar setups.( I used the term as Harami- they are the same). As trading moves into the new market cycle, many banks and market makers have developed and been using their own Algo and AI to evaluate market conditions and gain an advantage in their trading. Attached, I've two charts below (Daily and H4 TF) showing the latest IB/Harami set up on GU, that should be read with the trade setup. Sometimes, we try to stereotype...
Where would this be invalidated, Pat?
because that's where I will put my limit buy order.... market tends to push where our stop losses are and that's the best place to buy or sell.
Amazing analysis btw and thank you for sharing
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