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Cable Update (GBPUSD)

  • #787,921
  • Nov 3, 2023 10:10am Nov 3, 2023 10:10am
Quoting JackintheBox
Be careful with shorts now. Chances are there it will go up more. London close, Friday. Be very careful my stats say. Perfect setup for 50 pips more up - eaven if ADR is far overdone. That's a typical situation for me as a no go to short. I'm out for today. It's sad but my stats say: no short.
God dam* it. already 20 pips up after my call. The problem is the fundamental: ISM started all, i called that. That was the shift. Biggies are completely wrong now. The have to buy back a lot on GBP/USD or better say: sell USD. Also other datas that week confirmed the shift in USA. The economy is cooling down now and no more rate hikes probably. Dollar down hard.
  • #787,922
  • Nov 3, 2023 10:11am Nov 3, 2023 10:11am
Quoting Coreg2004
{quote} {quote} Yesterday GU closed outside the channel. It was a warning. {image}

nice chart
MY OPINION NOT FINANCIAL ADVISE
  • #787,923
  • Nov 3, 2023 10:13am Nov 3, 2023 10:13am
Culprit
Attached Image (click to enlarge)
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #787,924
  • Nov 3, 2023 10:16am Nov 3, 2023 10:16am
Quoting GODofMC
{quote} Find some spot again, this time small lot. Fryday anything can happen. I guess can be more UP or retrace DOWN for fixing prices. If still goes UP i may hold till next week if it goes down may take 10-20 pips only forgot to add chart {image}
fail again. If whitin one hour there is no down. Might find a way an exit
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #787,925
  • Nov 3, 2023 10:24am Nov 3, 2023 10:24am
Beauty of trend trading example.

The price fell to find support at 100 ema of 1 min chart at 2312 to go up again. ( when hourly, 4hr and daily is bullish )
Attached Image (click to enlarge)
Click to Enlarge Name: trend trading.png Size: 14 KB
Intraday only.
  • #787,926
  • Nov 3, 2023 10:28am Nov 3, 2023 10:28am
Quoting ScalaFX
sell UJ one more time same place 150.34 will add to 151
end of scalping
People don't plan to lose. They lose because they don't plan.
  • #787,927
  • Nov 3, 2023 10:30am Nov 3, 2023 10:30am
GU: open sell @ 1.2356
add more till 1.2377 weekly R2
Intraday Trading is an Art _ hoda
  • #787,928
  • Nov 3, 2023 10:31am Nov 3, 2023 10:31am
was out all day
H1
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-h1-xm-global-limited-2 03 11 cable a.png Size: 59 KB


btw.. WPP (18-22.09), missed at 1.24347.., I "ellipsed"
dolce vita
  • #787,929
  • Nov 3, 2023 10:33am Nov 3, 2023 10:33am
Last trade for this week. Sold 1.2364
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #787,930
  • Nov 3, 2023 10:34am Nov 3, 2023 10:34am
Quoting scalafx
{quote} ölçeklendirmenin sonu
how did you make this graphic?
M1
m5
m15
meta says which one is this?
  • #787,931
  • Nov 3, 2023 10:37am Nov 3, 2023 10:37am
Quoting fxmasterdxb
PA is making HL’s and HH’s on 4hr time frame, anyone want to guess where price is moving next? My first target for tomorrow is 1.2260 and ultimate target 1.2366, although its highly unlikely for GU to get a move of 150 pips tomorrow {image}
so the highly unlikely scenario happened! Wow what a move for GU today, it should terminate @ 1.2372, i will look for long entries next week
  • #787,932
  • Nov 3, 2023 10:37am Nov 3, 2023 10:37am
Quoting navk
Beauty of trend trading example. The price fell to find support at 100 ema of 1 min chart at 2312 to go up again. ( when hourly, 4hr and daily is bullish ) {image}
This is more beautiful, clean and clear.
5M Chart
Attached Image (click to enlarge)
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Intraday Trading is an Art _ hoda
  • #787,933
  • Nov 3, 2023 10:46am Nov 3, 2023 10:46am
Quoting Zebi
heres the daily representation of my earlier weekly chart that black line is may 22nd weekly low price is trying to get above so as long as price closes between the black and red line GU still is boolish im boolish till price crosses that blue line and will start taking profits all the way up to 2700 next week ill add buy limits at the red line since price will retrace atleast 50% of todays csandle i cant show you the whole chart since i write text in the left margins to remind me of shit that i dont want anyone else reading {image}
Already missed my opportunity i bought @1.2200 and sold @1.2235 before News and now all this happened
Missed a lot of profit now I'm following your chart it's 100% perfect and it's going to happen soon Monday/Tuesday mark my words
Your analysis is too good
Price Will defenly reverse
We should wait now for right entry
  • #787,934
  • Nov 3, 2023 10:55am Nov 3, 2023 10:55am
Quoting mwaqar309
{quote} Already missed my opportunity i bought @1.2200 and sold @1.2235 before News and now all this happened Missed a lot of profit now I'm following your chart it's 100% perfect and it's going to happen soon Monday/Tuesday mark my words Your analysis is too good Price Will defenly reverse We should wait now for right entry

thank you...youve made me blush




next week a good buy area will bbe the midpoint of todays candle
short trump and go long the deepstate
  • #787,935
  • Nov 3, 2023 10:56am Nov 3, 2023 10:56am
Darn this move up is not stopping at all! I had 12350 area as psychological area for a move back down to correct a bit. But no GU has other plans lol. Will keep my shorts running over the weekend a crazy move either way usually results in a correction even if it is a little bit. It seems there are a lot sellers fuelling the spike up. Let the dust settle maybe buyers will look to join back around 123-12280
Insane in the Brain..
  • #787,936
  • Nov 3, 2023 10:58am Nov 3, 2023 10:58am
Quoting Yngwie
Last trade for this week. Sold 1.2364
closed. next 2420
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #787,937
  • Nov 3, 2023 10:59am Nov 3, 2023 10:59am
Quoting montygoldy
Anyone wanna join me with a sell TRY ......
And just like that my shorts smoked n lost 3.5% on Prop firm money specially all the profit made in previous trades. Back to breakeven
Extreme gut feeling trader
  • #787,938
  • Nov 3, 2023 10:59am Nov 3, 2023 10:59am
...@ current dly hi - 7 consecutive 1hr bullish-bodied closes with price > Dly R4, 212% of 30day adr !!!
Trader with an Edge.
  • #787,939
  • Nov 3, 2023 10:59am Nov 3, 2023 10:59am
Attached Image (click to enlarge)
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yes yes yes
  • #787,940
  • Nov 3, 2023 11:00am Nov 3, 2023 11:00am
Quoting cablekingdom
In long 1.2302--- Target- 1.2379- weekly R2 today
Closed longs @1.2373....

now short 1.2371....tp- 1.2305
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