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Cable Update (GBPUSD)

  • #788,081
  • Nov 5, 2023 4:14pm Nov 5, 2023 4:14pm
Quoting KeenPips
GBPUSD price action on the H4 time frame ranged for several days within a falling triangle (blue) before breaking out in the latter part of Friday. Presently, price action is at the 61.8 Fib area of the dominant bearish swing, but we may still see further northward move before a southward turnaround. I may be wrong. Trade safe and prosper. KP {image}
I agree. Looks like price might rise a bit before a large correction / turnaround as you say. Probably going to be looking for longs monday morning but we will see.

Good luck this week and trade safe
  • #788,082
  • Nov 5, 2023 4:58pm Nov 5, 2023 4:58pm
1.2320 is what I see blow Friday high.
Intraday only.
  • #788,083
  • Edited 5:33pm Nov 5, 2023 5:08pm | Edited 5:33pm
Just a quick thanks to all who joined zoom session, i hope you learned a little bit at least. And remember to practice on every pair till you understand what i was trying to explain in a short 40min sesh.... Godwin Igili --- https://assets.faireconomy.media/nfs...r1618001_1.gif VladBuzdugan Ziemowit should be all trying to prove me wrong and if you cant, then maybe just maybe you will have something to work with that makes sense to you. And keep your eye on the gbp/chf trade i went over
  • #788,084
  • Nov 5, 2023 5:24pm Nov 5, 2023 5:24pm
Quoting navk
1.2320 is what I see blow Friday high.
Imo 1.2420 first, then maybe daily pivot
  • #788,085
  • Nov 5, 2023 6:11pm Nov 5, 2023 6:11pm
Quoting cablekingdom
{quote} Imo 1.2420 first, then maybe daily pivot
There is hourly trend line at 2390
Intraday only.
  • #788,086
  • Nov 5, 2023 6:38pm Nov 5, 2023 6:38pm
Asia action ….

btw PROP FIRM ACCOUNT
Attached Image (click to enlarge)
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Extreme gut feeling trader
  • #788,087
  • Nov 5, 2023 7:06pm Nov 5, 2023 7:06pm
Come on cable move up a bit cover the gap good enough for me … gold tp hit …..
Extreme gut feeling trader
  • #788,088
  • Nov 5, 2023 7:17pm Nov 5, 2023 7:17pm
I believe gu will sell to this zone, then continue trending up
Attached Image (click to enlarge)
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  • #788,089
  • Nov 5, 2023 7:26pm Nov 5, 2023 7:26pm
Quoting navk
{quote} There is hourly trend line at 2390
Hi Anna
Can u plz show this on chart, I am not able to identify it, m not so confident in trendlines & channels
  • #788,090
  • Nov 5, 2023 7:37pm Nov 5, 2023 7:37pm
Asian session pretty shit as expected.
Oughta went for JPY instead. Sigh
Exhausted
  • #788,091
  • Nov 5, 2023 7:42pm Nov 5, 2023 7:42pm
Quoting Trillock
I believe gu will sell to this zone, then continue trending up{image}
i believe i can fly
Stay low, Go fast - No luck, All skill
  • #788,092
  • Nov 5, 2023 9:07pm Nov 5, 2023 9:07pm
Quoting cablekingdom
{quote} Hi Anna Can u plz show this on chart, I am not able to identify it, m not so confident in trendlines & channels
attached
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 16 KB
Intraday only.
  • #788,093
  • Nov 5, 2023 9:10pm Nov 5, 2023 9:10pm
move cable literally moved 2-3 pips in couple of hours.....
Extreme gut feeling trader
  • #788,094
  • Nov 5, 2023 9:36pm Nov 5, 2023 9:36pm
Quoting cablekingdom
{quote} Closed longs @1.2373.... now short 1.2371....tp- 1.2305
Closed short at BE
In long -1.2371
Tp-1.2415
Sl-1.2360
  • #788,095
  • Nov 5, 2023 9:41pm Nov 5, 2023 9:41pm
Quoting montygoldy
move cable literally moved 2-3 pips in couple of hours.....
Apparently the best thing to trade in this session is gold (spot) lmao.
Taking 20 - 30 pips per move is sufficient, just scalp up down.

And now it has gone down for 100
Exhausted
  • #788,096
  • Nov 5, 2023 10:32pm Nov 5, 2023 10:32pm
Quoting cablekingdom
{quote} Closed short at BE In long -1.2371 Tp-1.2415 Sl-1.2360
exactly same target n sl.....
Extreme gut feeling trader
  • #788,097
  • Nov 5, 2023 11:17pm Nov 5, 2023 11:17pm
Quoting Elysion
{quote} Apparently the best thing to trade in this session is gold (spot) lmao. Taking 20 - 30 pips per move is sufficient, just scalp up down. And now it has gone down for 100
tried gold smoked 3% out of one of my account… only hope is cable longs
Extreme gut feeling trader
  • #788,098
  • Nov 6, 2023 12:02am Nov 6, 2023 12:02am
in trading patience and discipline are essential.

and you have to deal with the boredom between trades.

even AI will probably not be able to solve that.
trading is like dancing, don't think and just listen to the music!
  • #788,099
  • Nov 6, 2023 12:06am Nov 6, 2023 12:06am
Quoting montygoldy
{quote} tried gold smoked 3% out of one of my account… only hope is cable longs
I'm not at a screen but I remember Ma200 resistance at 1.24 on day chart.
in wondering about yourself, you forgot what you came here to be part of
  • #788,100
  • Nov 6, 2023 12:09am Nov 6, 2023 12:09am
Can't see any hope of heading to 1.241 yet.
What I'm certain is a 1.232 should be touched.
Exhausted
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