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Cable Update (GBPUSD)

  • #786,021
  • Oct 25, 2023 8:33pm Oct 25, 2023 8:33pm
Quoting navk
{quote} Current price will retrace to around 2140 for short to new low. This can happen ( short ) during LO. Then the pullback.
possible to test at max 2165 (mid H4 bands), then down to 1.2000...
eye on 2050 double bottom first
  • #786,022
  • Oct 25, 2023 8:36pm Oct 25, 2023 8:36pm
Quoting voeltoez
{quote} possible to test at max 2165 (mid H4 bands), then down to 1.2000... eye on 2050 double bottom first
That 2165 may be after LO.
Intraday only.
  • #786,023
  • Oct 25, 2023 8:50pm Oct 25, 2023 8:50pm
The price can goto red band.

Then a drop.
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Intraday only.
  • #786,024
  • Oct 25, 2023 9:23pm Oct 25, 2023 9:23pm
Long 1.2084 SL 1.2070
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #786,025
  • Oct 25, 2023 9:26pm Oct 25, 2023 9:26pm
all going well
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  • #786,026
  • Oct 25, 2023 9:26pm Oct 25, 2023 9:26pm
why is everyone going long, it shows no direction
  • #786,027
  • Oct 25, 2023 9:33pm Oct 25, 2023 9:33pm
HIGH risk but HIGH reward on this
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Master your mind. Master Trading.
  • #786,028
  • Oct 25, 2023 9:34pm Oct 25, 2023 9:34pm
I guess by now BOJ knew it is not worth it for another intervention, but only interest rate change to +ve.
The intial effect would be drastic, but will look like a mere correction when zoom out, cause it does not change significantly the spread difference between the 2 countries.
More time in the market, does not mean you trade better!
  • #786,029
  • Oct 25, 2023 10:03pm Oct 25, 2023 10:03pm
Quoting Yngwie
Long 1.2084 SL 1.2070
close BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #786,030
  • Oct 25, 2023 10:10pm Oct 25, 2023 10:10pm
Please give a moment of silence for us who are short UJ
  • #786,031
  • Oct 25, 2023 10:16pm Oct 25, 2023 10:16pm
Quoting jordanvic
Please give a moment of silence for us who are short UJ
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Master your mind. Master Trading.
  • #786,032
  • Oct 25, 2023 10:31pm Oct 25, 2023 10:31pm
seems this is gonna hit 1.20
  • #786,033
  • Oct 25, 2023 10:35pm Oct 25, 2023 10:35pm
Quoting shakmoney
seems this is gonna hit 1.20
if strong 1.19 could be until friday close
  • #786,034
  • Oct 25, 2023 10:37pm Oct 25, 2023 10:37pm
Long 1.2077
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #786,035
  • Oct 25, 2023 10:38pm Oct 25, 2023 10:38pm
Quoting voeltoez
{quote} if strong 1.19 could be until friday close
I think market participants pricing in a strong gdp advance data so USD rallying here makes sense to me
Master your mind. Master Trading.
  • #786,036
  • Oct 25, 2023 10:42pm Oct 25, 2023 10:42pm
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So clear
  • #786,037
  • Oct 25, 2023 10:56pm Oct 25, 2023 10:56pm
Cable is going down by end of week - eventually will reach around 1.18 in a longer time frame. This is NOT financial advice. Stay safe.
  • #786,038
  • Oct 25, 2023 11:07pm Oct 25, 2023 11:07pm
Quoting shakmoney
why is everyone going long, it shows no direction
Because you can't medicate against stupidity?
Congratulations ScalaFX for coming out of the closet!
  • #786,039
  • Oct 25, 2023 11:15pm Oct 25, 2023 11:15pm
Quoting Waveskierrob
{quote} added SHORT 1.2121
Closed 1.2081 + 40 pips
  • #786,040
  • Oct 25, 2023 11:17pm Oct 25, 2023 11:17pm
come on
break last hourly high
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yes yes yes
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