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Cable Update (GBPUSD)

  • #788,681
  • Nov 8, 2023 1:50am Nov 8, 2023 1:50am
Quoting hoda
GU: H4 Trend bias is Bear but my chart says bull, that's why I don't take any position from yesterday. I will wait till next 4H open. * When 50% Fibo appear above/below on a TL/SR/SRF Zone, It's a very good signal. That's why I am confused and waiting. {image}
nice decision hoda
https://breakpullback.com
  • #788,682
  • Nov 8, 2023 1:57am Nov 8, 2023 1:57am
That is the overall view of what I think /expect to see cable doing
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  • #788,683
  • Nov 8, 2023 2:05am Nov 8, 2023 2:05am
Quoting me_sa245
hi guys When you have a strong strategy to give you a valid and reliable signal, you will get good profits with the right risk and maybe more. Even when important news is going to be announced. regards {image}


And this strategy will determine the re-entry and exit points for you clearly with the necessary confirmation as the market moves forward.
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  • #788,684
  • Nov 8, 2023 2:08am Nov 8, 2023 2:08am
there is going to be a speech mt BOE governor in 1.5 hours from now. Marked as high impact but from the previous speech, impact is not really high.
  • #788,685
  • Nov 8, 2023 2:09am Nov 8, 2023 2:09am
add long 2270..sl 2250
  • #788,686
  • Nov 8, 2023 2:15am Nov 8, 2023 2:15am
GU short 1.227, no sl, no tp
  • #788,687
  • Nov 8, 2023 2:17am Nov 8, 2023 2:17am
Quoting Coreg2004
{quote} Pat, (b)-(c) leg should have 5 fractals, so we should see one swing up from the potential zone for wave 4. If this doesn't happen, the market will do something else and my labeling will be incorrect. {image}
Hi Goreg,,

GU

Revision to my EW count bsed on corrective mov3
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I come from the future.
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  • #788,688
  • Nov 8, 2023 2:38am Nov 8, 2023 2:38am
Quoting Cr4zy
GU short 1.227, no sl, no tp
I closed the order, I am looking for another entry option after BOE.
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  • #788,689
  • Nov 8, 2023 3:06am Nov 8, 2023 3:06am
Testing long at 12256 maybe see 12310 before a further drop
Insane in the Brain..
  • #788,690
  • Nov 8, 2023 3:13am Nov 8, 2023 3:13am
today he is not well behaved;-)
trading is like dancing, don't think and just listen to the music!
  • #788,691
  • Nov 8, 2023 3:14am Nov 8, 2023 3:14am
Quoting voeltoez
add long 2270..sl 2250
SL Hit
  • #788,692
  • Nov 8, 2023 3:16am Nov 8, 2023 3:16am
guys this is a free fall.
Dont try to catch this falling knife.

My 2cents: i have Day support all the way down at 2208
in wondering about yourself, you forgot what you came here to be part of
  • #788,693
  • Nov 8, 2023 3:16am Nov 8, 2023 3:16am
1.2247 long.

4h future support.
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  • #788,694
  • Nov 8, 2023 3:20am Nov 8, 2023 3:20am
Quoting knkie
guys this is a free fall. Dont try to catch this falling knife. My 2cents: i have Day support all the way down at 2208
you may be right on that.
  • #788,695
  • Nov 8, 2023 3:20am Nov 8, 2023 3:20am
Quoting me_sa245
hi guys When you have a strong strategy to give you a valid and reliable signal, you will get good profits with the right risk and maybe more. Even when important news is going to be announced. regards {image}
It is even possible that the signal continues for several days and you can get big profits without the exit point of the position.
like this us30 since 10/31
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  • #788,696
  • Nov 8, 2023 3:24am Nov 8, 2023 3:24am
last week trap seller was able to get out of there liquidated sell

let see

i can be wrong
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MY OPINION NOT FINANCIAL ADVISE
  • #788,697
  • Nov 8, 2023 3:29am Nov 8, 2023 3:29am
Yoyo incoming

Edit:
May be slow goes down on GU
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  • #788,698
  • Nov 8, 2023 3:35am Nov 8, 2023 3:35am
Quoting Whale
{quote} you may be right on that.
thanx Whale.

i do think you also have a valid point on H4 though: EMA200 is at 1.2246
in wondering about yourself, you forgot what you came here to be part of
  • #788,699
  • Nov 8, 2023 3:35am Nov 8, 2023 3:35am
Imo
not so fast crash or fly
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  • #788,700
  • Nov 8, 2023 3:35am Nov 8, 2023 3:35am
Was expecting retracement to 1.232 area before this drop.
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