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Cable Update (GBPUSD)

  • #786,241
  • Oct 26, 2023 7:52am Oct 26, 2023 7:52am
Quoting BeeTogether
That level of improvement should be sending the pound to the ground.. why on earth are we over 121?? Or have i got this wrong
The numbers are saying that the US economy is at risk of overheating again and the FED will be more likely to keep increasing rates. So far the market appears to be reacting inversely to the data.
  • #786,242
  • Oct 26, 2023 7:52am Oct 26, 2023 7:52am
Quoting Fardeen1209
New Setup {image} ?
Exactly!
WT
  • #786,243
  • Oct 26, 2023 7:52am Oct 26, 2023 7:52am
Quoting BeeTogether
That level of improvement should be sending the pound to the ground.. why on earth are we over 121?? Or have i got this wrong
the effects may not be immediate.
  • #786,244
  • Oct 26, 2023 7:56am Oct 26, 2023 7:56am
Quoting XMR
{quote} It looks like you can afford to activate Windows now. {image}
I am very lazy, I will do it 25th December 2023.
Intraday Trading is an Art _ hoda
  • #786,245
  • Oct 26, 2023 7:56am Oct 26, 2023 7:56am
Quoting Fardeen1209
New Setup GU {image} ?
EU
OFRA not mitigated- Sign of Strength
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (439).png Size: 54 KB


Will be waiting for any new Resistance become Support. We buy

Now I will be off grid, we dont have much data this week
More time in the market, does not mean you trade better!
  • #786,246
  • Oct 26, 2023 7:57am Oct 26, 2023 7:57am
Quoting Pat Chiko
{quote} GU Good morning. Slept for fours hours. Nothing happen for last four hours Making me wonder if GU really want to retest the TL or just want to move down further Any idea ?{image}
GU

End of scalping part 1
That's what worth of quality sleeping.

That was 50% retracement.
Now, price will RT the TL zone.
Break up further or continue down.
Wait for price action.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 081.jpg Size: 331 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #786,247
  • Oct 26, 2023 7:58am Oct 26, 2023 7:58am
Quoting hoda
{quote} I am very lazy, I will do it 25th December 2023.
As long as it works, why bother?
More time in the market, does not mean you trade better!
  • #786,248
  • Oct 26, 2023 7:59am Oct 26, 2023 7:59am
Quoting Fardeen1209
{quote} As long as it works, why bother?
There is an activation script that you can download to turn off the notices.
  • #786,249
  • Oct 26, 2023 8:01am Oct 26, 2023 8:01am
Quoting footprint
{quote} target achieved.. I would be careful with any buys this week on x/usd. IE I would not do them. US equities are falling hard. I think GU will get below 1.2040 next, but from memory there is some support around 1.2070-75 area. I do see a large buyer was filled around 6am this morning at 1.2076. So for a scalp, a buy is ok, but I still won't touch it. Have a small swing trade running from the 13th on NQ.. shame I didn't go bigger on this. I think December 2022 low is the ultimate target but 14000 (futures) will do fine for a good partial. Hopefully...
Watching...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
  • #786,250
  • Oct 26, 2023 8:01am Oct 26, 2023 8:01am
come on, go all the way to break even
I promised 150 pips move up from the low
Low was 1.20688
Let's go to 1.22188
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-10-26-15-59-34-319_com.tradingview.tradingviewapp-edit.jpg Size: 493 KB
yes yes yes
  • #786,251
  • Oct 26, 2023 8:02am Oct 26, 2023 8:02am
Quoting Pat Chiko
DOLLAH INDEX Competed wave. {image}
DOLLAH INDEX

RT TL
Attached Image (click to enlarge)
Click to Enlarge Name: dollah index 005.jpg Size: 194 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #786,252
  • Edited 8:19am Oct 26, 2023 8:03am | Edited 8:19am
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2023-10-26 06-18-32-227.png Size: 101 KB


see no springforward clockworks bs... y'all noticed...more symmetry...4hr...
  • #786,253
  • Oct 26, 2023 8:09am Oct 26, 2023 8:09am
Quoting Fardeen1209
{quote} EU OFRA not mitigated- Sign of Strength {image} Will be waiting for any new Resistance become Support. We buy Now I will be off grid, we dont have much data this week
AU
Not a great setup but who knows what will happen

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (441).png Size: 65 KB


We have $$$ above the RSF level, proceed with Cautious
More time in the market, does not mean you trade better!
  • #786,254
  • Oct 26, 2023 8:14am Oct 26, 2023 8:14am
Quoting hoda
News Scalping Done for Today {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2023-08-21 at 11.17.24.png Size: 98 KB
Attached Image
  • #786,255
  • Oct 26, 2023 8:17am Oct 26, 2023 8:17am
Quoting BeeTogether
That level of improvement should be sending the pound to the ground.. why on earth are we over 121?? Or have i got this wrong
BT, maybe b/c every one of us knows it should happen?
Always trade your own plan...I don't provide trading signals.
  • #786,256
  • Oct 26, 2023 8:23am Oct 26, 2023 8:23am
Quoting Whale
Bought 1.208 target 40 pips
hit!!! Hell fucking yeah.

now sideline... hope for crash
  • #786,257
  • Oct 26, 2023 8:26am Oct 26, 2023 8:26am
Quoting hoda
News Scalping Done for Today {image}
demo account?
  • #786,258
  • Oct 26, 2023 8:28am Oct 26, 2023 8:28am
Quoting footprint
{quote} Watching... {image}
Hunting sell at around 1.2133 in NYSE session
Stops will have to be above 1.2142
Hunting 60-70 pips
  • #786,259
  • Oct 26, 2023 8:30am Oct 26, 2023 8:30am
Ok, I don't know what to do now. We are in a correction which is completed in first part. It can go down now - or go up. News indicate clearly down, GBP/USD is up. 50 Pip move downwards can happen any time. Upside limited but who knows, who shorted the market is full in control of the market, ready to fool traders again. I don't like that at all. I cannot trade in an environment like that. That sucks.
  • #786,260
  • Oct 26, 2023 8:31am Oct 26, 2023 8:31am
Quoting Coreg2004
{quote} BT, maybe b/c every one of us knows it should happen?
if I was shorting I’d shocked (un)lucky for me I am long from 122
Insane in the Brain..
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