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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Pat Chiko
{quote} Cheers to you too. Having my coffee now. waiting for someone to argue with me.{image}
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...it is what it is
Sold... 1.212
The market has short memory
Quoting Whale
Sold... 1.212
3h to the week..
The market has short memory
What happening to GBP/USD

I have been trading for over three years and have traded a variety of currency pairs and instruments.
GBP/USD used to be a very interesting pair to trade, with its price action being easy to read.

However, it has recently become very difficult to understand using simple price action.
In comparison, GBP/JPY is still readable, with its price action being easy to follow and understand.
This is similar to the set up in Gold, FTSE, Nasdaq, and S&P 500, which I have also traded extensively.

Here is a very simple and straightforward GBP/JPY trade setup, which even a newbie could follow.
Perhaps it is time to minimize trading GBP/USD for a while until it becomes more predictable.

How do you see GBP USD behaves lately, maybe minimisng exposure trading it until she behaves.
Somthing to think about
Have a great weekends to all
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I come from the future.
2109 is a watch number
Quoting Pat Chiko
{quote} {quote} i hope your trade on gold gone well It goes VERY well. GOLD This set up is more cleaner than GU. Straight forward chart to read Price Action.{image}
GOLD

Oppps...........
did somebody forgotton to put the 2000 caps on ?
Finally, it breaks 2000
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I come from the future.
Quoting Pat Chiko
{quote} GOLD Oppps........... did somebody forgotton to put the 2000 caps on ? Finally, it breaks 2000{image}
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I come from the future.
Quoting navk
This is not analysis But.... This is " See and trade" set up in Gold ( set up for today ) I do not trade gold, had I traded, I would have made 1 million today. {image}
as pat said its been a tricky one Navk lost a few grand on that this week,been toooo busy to take a ;ot of trades normally do 20/30 a day lol crazzy but i have losses but i always come out with some bigger wins ,,the broker loves me lol i will be expecting a case of Armand this christmas
have a good weekend E
Bonds, VIX, Yen, CHF and Gold all bid going into the weekend.
Dollar not doing much-
Not good
Macro=Direction, Levels & Structure = Entry
H1 QM but bulls are weak. We may revisit today's HOD on monday.
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Face 'ur fears & tame 'ur greed
Quoting SFundamental
Bonds, VIX, Yen, CHF and Gold all bid going into the weekend. Dollar not doing much- Not good
Is there any other fundamental reason that gives spike in gold prices ?

October 26, 2023: The US Federal Reserve announces a larger-than-expected interest rate hike in an effort to combat inflation.
This news has led to concerns about a potential economic recession, and investors are seeking safe-haven assets like gold.

October 27, 2023: The International Monetary Fund (IMF) warns that the global economy is facing a "perfect storm" of challenges, including the war in Ukraine, rising inflation, and supply chain disruptions.
This warning is likely fueling demand for gold as investors seek to protect their wealth.

October 28, 2023: Russia and China announce a new joint military exercise, raising concerns about a further escalation of tensions between the two countries.
This news is likely contributing to the uncertainty and volatility in the global economy, which is driving investors to gold.
I come from the future.
Quoting JereMi256
1H QM but bulls are weak. We may revisit today's HOD on monday. {image}
#Edited
Face 'ur fears & tame 'ur greed
Quoting Whale
Sold... 1.212

selling new weekly low? u are so far from the Liquidity
MY OPINION NOT FINANCIAL ADVISE
Quoting donfriday
{quote} selling new weekly low? u are so far from the Liquidity
Liquidity? Not sure what is it.
The market has short memory
Quoting navk
I stopped doing analysis. Because when i do analysis i do wrong. Have seen many here when they do analysis and trade, they end up wrongly. But.... When I " see and trade " I end up doing correctly. This is example of a short trade. This is what is called accuracy !! {image}

you actualy do, u placed a buy set sl and set tp thats call analysis not until you predict 100-1000pips move
MY OPINION NOT FINANCIAL ADVISE
Quoting Whale
{quote} Liquidity? Not sure what is it.

swing highs or lows
MY OPINION NOT FINANCIAL ADVISE
Quoting donfriday
{quote} swing highs or lows

simply.. my trade
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The market has short memory
Quoting Whale
{quote} simply.. my trade {image}

cheers
MY OPINION NOT FINANCIAL ADVISE
DOJI on 5 min gold worth a shot
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Party time
I come from the future.
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