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Cable Update (GBPUSD)

  • #785,581
  • Oct 24, 2023 9:55am Oct 24, 2023 9:55am
There were people here..trying to go long around 2265.

Price and PA ditched.

lol.
Intraday only.
  • #785,582
  • Oct 24, 2023 9:56am Oct 24, 2023 9:56am
And there were people trying to long around 2200.

The PA and price ditched.
Intraday only.
  • #785,583
  • Oct 24, 2023 10:02am Oct 24, 2023 10:02am
I am now long long.

Stop 2165.

Let the PA ditch me. No issues.

Long at 2176

11 pips stop if I loose this
Intraday only.
  • #785,584
  • Oct 24, 2023 10:06am Oct 24, 2023 10:06am
it seems quiet here, helloo
https://breakpullback.com
  • #785,585
  • Oct 24, 2023 10:08am Oct 24, 2023 10:08am
Y'all trading that sweet sweet noise. Random meandering is so hot.
Congratulations ScalaFX for coming out of the closet!
  • #785,586
  • Oct 24, 2023 10:08am Oct 24, 2023 10:08am
See the consolitation PA above 2165
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Intraday only.
  • #785,587
  • Oct 24, 2023 10:08am Oct 24, 2023 10:08am
Attached Image (click to enlarge)
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$Cam Levels - https://www.livecharts.co.uk/Members...rex_pivots.php
Short 1.22724
  • #785,588
  • Oct 24, 2023 10:12am Oct 24, 2023 10:12am
Quoting navk
And there were people trying to long around 2200. The PA and price ditched.
I cannot resist, adding to my 1.2168 at 1.2172. Selling still not finished today? London closed now. Could come another drop. That would be really crazy. But that is the problem you never know. That's why I'm only long again one avg. size,- same as 60 pips higher. You never now... risk management is key to survive.

Looks at least GBP/USD is almost in sync now with strength of EUR and CHF. Good sign pressure get's lower on GBP/USD but of course if USD takes another round we hit new lows anyway. Just hit daily low now.
  • #785,589
  • Oct 24, 2023 10:21am Oct 24, 2023 10:21am
Quoting JackintheBox
{quote} I cannot resist, adding to my 1.2168 at 1.2172. Selling still not finished today? London closed now. Could come another drop. That would be really crazy. But that is the problem you never know. That's why I'm only long again one avg. size,- same as 60 pips higher. You never now... risk management is key to survive. Looks at least GBP/USD is almost in sync now with strength of EUR and CHF. Good sign pressure get's lower on GBP/USD but of course if USD takes another round we hit new lows anyway. Just hit daily low now.
I do not get into all funda things.

For me, I look into some set ups.

Purely technical.

If the price goes below 2165..more selling today.

My long 2176, with stop 2165.

11 pips giving to some winner is fine.
Intraday only.
  • #785,590
  • Oct 24, 2023 10:21am Oct 24, 2023 10:21am
Quoting JackintheBox
{quote} I cannot resist, adding to my 1.2168 at 1.2172. Selling still not finished today? London closed now. Could come another drop. That would be really crazy. But that is the problem you never know. That's why I'm only long again one avg. size,- same as 60 pips higher. You never now... risk management is key to survive. Looks at least GBP/USD is almost in sync now with strength of EUR and CHF. Good sign pressure get's lower on GBP/USD but of course if USD takes another round we hit new lows anyway. Just hit daily low now.
the weekly low could be around 1.21200.
  • #785,591
  • Oct 24, 2023 10:22am Oct 24, 2023 10:22am
Still stuck, i think it need a proper break and retest.
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Don't mind me.. i'm crazy
  • #785,592
  • Oct 24, 2023 10:22am Oct 24, 2023 10:22am
Attached Image (click to enlarge)
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  • #785,593
  • Oct 24, 2023 10:26am Oct 24, 2023 10:26am
yet another long at 2163.

stop 2150
Attached Image (click to enlarge)
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Intraday only.
  • #785,594
  • Oct 24, 2023 10:27am Oct 24, 2023 10:27am
Unbelievable
The mf dropped 120 pips without any retracement
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yes yes yes
  • #785,595
  • Oct 24, 2023 10:29am Oct 24, 2023 10:29am
dark cloud on daily
daily is right
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #785,596
  • Oct 24, 2023 10:30am Oct 24, 2023 10:30am
Gu: M5 & H1
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Intraday Trading is an Art _ hoda
  • #785,597
  • Oct 24, 2023 10:35am Oct 24, 2023 10:35am
Crazy drop, 60 pips from b/e
Insane in the Brain..
  • #785,598
  • Oct 24, 2023 10:35am Oct 24, 2023 10:35am
Congratulations ScalaFX for coming out of the closet!
  • #785,599
  • Oct 24, 2023 10:36am Oct 24, 2023 10:36am
for me price is now between D1 support and W1 Resistance
Below H4 R
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in wondering about yourself, you forgot what you came here to be part of
  • #785,600
  • Oct 24, 2023 10:37am Oct 24, 2023 10:37am
There was nothing in the news to warrant this drop so it is simply price manipulation that is being compounded every time people try to enter long right now. The $100 question is how long will it continue?
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