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Cable Update (GBPUSD)

  • #787,861
  • Nov 3, 2023 8:27am Nov 3, 2023 8:27am
Quoting Waveskierrob
{quote} Not a great week for me but it'll do, you also have a great weekend Leon... {image}
Kiss you on the head...
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  • #787,862
  • Nov 3, 2023 8:27am Nov 3, 2023 8:27am
Gold on a freefall…. Opened shorts for cable
Extreme gut feeling trader
  • #787,863
  • Nov 3, 2023 8:33am Nov 3, 2023 8:33am
Quoting navk
Those who shorted... Includes me. A non scheduled news event need to occur. This is typical for friday. This is needed to bring the price down. {image}
I'm in a big shit! Only God can save me now
  • #787,864
  • Nov 3, 2023 8:40am Nov 3, 2023 8:40am
Quoting ninner
{quote}
I had that position opened and soon as I came to see it before nfp it was already in losses and I couldn't close it so I took a loss of $100 not so bad , got more other positions hopefully they will cover it
I live in the future
  • #787,865
  • Nov 3, 2023 8:41am Nov 3, 2023 8:41am
Quoting Zebi
this will be quick cause have to get back to watching the sweathogs on 70's sitcom welcome back kotter i have a buy signal on the daily as long as price closes over the black line...a close above the red line means will have a 100+ pip day tomoro so thats what i want GU will be up gentlemen cause the monthly buy signal {image}

i cant say it better than this commercial LOL

Inserted Video
short trump and go long the deepstate
  • #787,866
  • Nov 3, 2023 8:43am Nov 3, 2023 8:43am
Quoting montygoldy
Gold on a freefall…. Opened shorts for cable
closed sell made me nervous.. 8 pips lost
Extreme gut feeling trader
  • #787,867
  • Nov 3, 2023 8:43am Nov 3, 2023 8:43am
will this cable drop?
  • #787,868
  • Nov 3, 2023 8:44am Nov 3, 2023 8:44am
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yes yes yes
  • #787,869
  • Nov 3, 2023 8:45am Nov 3, 2023 8:45am
Quoting Zebi
time for my badass mf dollar chart update i mntioned tuesday that monthly GU gave me a buy signal but theres so many skeptics in here so they prolly thot zebi is an idiot there may be something to that...i always thot i was an idiot savant LOL i always found if one side of a pair is messy and difficult to TA than use the other cause may be clearer so heres the weekly dollar chart with my shooting star stopping everything in its tracks LOL...i originally said it may stay to a couple inside candles but its been 4 weekly inside candles...


weekly GU built an impressive "bottom " the last 5 weeks so 2700 almost guaranteed since my charts have a target at that level
short trump and go long the deepstate
  • #787,870
  • Nov 3, 2023 8:45am Nov 3, 2023 8:45am
Dunno how many accounts blown.

Always, never trade w/o stop loss.
Intraday only.
  • #787,871
  • Nov 3, 2023 8:46am Nov 3, 2023 8:46am
HH formed, last LH-1.2338 broken...bullish reversal confirmed
  • #787,872
  • Nov 3, 2023 8:50am Nov 3, 2023 8:50am
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Level and momment approaching where I will have to say farewell my friends LONGS......

SOON

  • #787,873
  • Nov 3, 2023 8:51am Nov 3, 2023 8:51am
Today is all about retail traders trying to call the top of GU.
  • #787,874
  • Nov 3, 2023 8:54am Nov 3, 2023 8:54am
Quoting dantpm
Today is all about retail traders trying to call the top of GU.

Thats true LOL

they never lift their noses out of their 5 min scalping charts and take a peek at hier timecharts cause ...weekly been signalling a reversal back up for weeks with those wick candles
short trump and go long the deepstate
  • #787,875
  • Nov 3, 2023 8:57am Nov 3, 2023 8:57am
Quoting dantpm
Today is all about retail traders trying to call the top of GU.
Yup not even a break of structure on the 1m yet, no confirmation for these shorts at all.
  • #787,876
  • Nov 3, 2023 9:01am Nov 3, 2023 9:01am
Quoting dantpm
Today is all about retail traders trying to call the top of GU.
I am posting a chart, how to find a bottom in a bullish day.

How to know the 1 min is bullish ?

I look at bottom window and bottom most bar, 1 hour.

Entry is given in my chart.
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Intraday only.
  • #787,877
  • Nov 3, 2023 9:03am Nov 3, 2023 9:03am
They will be getting fcked either way, try to sell the top with a large position size (as retail does) you'll likely get stopped out, try to buy now at the top you'll get screwed. If you haven't already traded today sometimes the best position is - no position.
Seeking Fair Value
  • #787,878
  • Nov 3, 2023 9:03am Nov 3, 2023 9:03am
Quoting dantpm
Today is all about retail traders trying to call the top of GU.
I am posting similar chart... how to find a top in a short set up.
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Intraday only.
  • #787,879
  • Nov 3, 2023 9:04am Nov 3, 2023 9:04am
Quoting Zebi
{quote} Thats true LOL they never lift their noses out of their 5 min scalping charts and take a peek at hier timecharts cause ...weekly been signalling a reversal back up for weeks with those wick candles
The trading algorithms 'see' all the new entries, stop losses if they are setup, they know exactly how many pending orders and open orders exist. Its an incredible advantage over retail traders. Even if you don't setup a stop loss the market knows how far underwater different trades are and typically where traders bail. The only way, IMHO to trade this is to trade the trend. No trend, no trade!
  • #787,880
  • Nov 3, 2023 9:04am Nov 3, 2023 9:04am
Quoting navk
Dunno how many accounts blown. Always, never trade w/o stop loss.
i dont know how many people pridicted this price to but didnt take action as their prediction either

Coming short, not a good place to short eitther could jump back to 1.2350 or more but i no good at waiting
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