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Cable Update (GBPUSD)

  • #789,001
  • Nov 9, 2023 3:58am Nov 9, 2023 3:58am
sold 2304..dare to short until tomorrow?
  • #789,002
  • Nov 9, 2023 4:04am Nov 9, 2023 4:04am
IMO intention is still unclear

If bulls keep it together above 1.23 into the afternoon then 1.2470-80 is quite likely to give a final leg of the correction

if we're heading towards 1.2240 then bears have it and it opens up 1.21

sitting on hands waiting for clarity!
  • #789,003
  • Nov 9, 2023 4:05am Nov 9, 2023 4:05am
Hello mister smart money
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yes yes yes
  • #789,004
  • Nov 9, 2023 4:08am Nov 9, 2023 4:08am
Gbpjpy short at 185.850
  • #789,005
  • Nov 9, 2023 4:08am Nov 9, 2023 4:08am
Quoting Headland
{quote} Hi, yeh good observation. I think bulls need to get north of the 50% of the drop from 2429 to 2241 which is @ 2335 (@/around Dly R2) to show any serious intent today?
12330 area was my target area for yesterday. It’s acted as support area recently too. So in an important to crack. Going by how the PA has been recently if it’s down in the morning it goes up in the afternoon and vice versa. The next few hours without any data to confuse matters could be important
Insane in the Brain..
  • #789,006
  • Nov 9, 2023 4:09am Nov 9, 2023 4:09am
Quoting Pat Chiko
{quote} UOB Group expect GBP/USD to move within a consolidative range in the next few weeks. {image}
Greetings,
I've had the opportunity to review the analysis provided by UOB. I am curious about the level of significance you assign to these analyses in your decision-making process. Their support/resistance work appears to be robust, but to what extent do you incorporate their directional insights? My inquiry stems from the common practice of considering major bank forecasts in high time frame analysis and then connecting them with one's personal research. Therefore, I'm interested in understanding the degree of emphasis you place on UOB's analysis in your strategic approach.
The scent of a rose will always stay on the hand of the giver.
  • #789,007
  • Nov 9, 2023 4:10am Nov 9, 2023 4:10am
Quoting voeltoez
sold 2304..dare to short until tomorrow?
it’s hit and miss. Need to flirt with 12330 first. If it fails then yes if not maybe back up to 124? On the flip side we haven’t had any data that should have bought the pound down to 12240 from 12420 area only last week
Insane in the Brain..
  • #789,008
  • Nov 9, 2023 4:12am Nov 9, 2023 4:12am
Quoting voeltoez
quick scalp.end of today {quote} thanks it helped..coz im still confuse with pa {image}
what a large screen, how do you keep your movile at your pokets? (don't know if I want to know)
rip and tear until it's done
  • #789,009
  • Nov 9, 2023 4:15am Nov 9, 2023 4:15am
Quoting Pat Chiko
{quote} GU One more push down for LIQUIDITY{image}
GU

Maybe some luck on this short.......
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I come from the future.
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  • #789,010
  • Nov 9, 2023 4:23am Nov 9, 2023 4:23am
Quoting sisucoro
{quote}what a large screen, how do you keep your movile at your pokets? (don't know if I want to know)
i think it just long screenshoot
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #789,011
  • Nov 9, 2023 4:23am Nov 9, 2023 4:23am
Quoting voeltoez
sold 2304..dare to short until tomorrow?
the reason...H4..sl 2340
guess how much sell there
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  • #789,012
  • Nov 9, 2023 4:24am Nov 9, 2023 4:24am
Quoting Pat Chiko
{quote} GU Maybe some luck on this short.......{image}
  • #789,013
  • Nov 9, 2023 4:34am Nov 9, 2023 4:34am
Come on gu mf
Join your brother
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yes yes yes
  • #789,014
  • Nov 9, 2023 4:42am Nov 9, 2023 4:42am
Quoting eyefeelsix
{quote} It's just a matter of discipline, don't jump off the ship when a storm comes {image}

why my stoploss level It's Hard to broken??

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https://breakpullback.com
  • #789,015
  • Nov 9, 2023 4:44am Nov 9, 2023 4:44am
Quoting Moty
Come on gu mf Join your brother {image}
Hi....Lol, supportive of those holding longs;

a. Y/day's dly pinbar candle
b. Inverted H&S on 4hr
c. 1st break of Asian hi and that 1hr mini-range to the upside.
d. 1hr and 4hr oscillators currently pointing north.
e. 4hr bullish hidden div @ y/day's lo.
f. Recent 1st upside break of recent 2038-2337 4hr/dly range and pullback to it for a possible 2nd b/o?

...decent enough sell though from the prev 1hr sw hi zone...I always think that when a zone is defended there are probably some stops above/below it,? (in this case above obviously.)

1hr below
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Trader with an Edge.
  • #789,016
  • Nov 9, 2023 4:48am Nov 9, 2023 4:48am
To determine the direction of GU seems to be very difficult today…. But downside looks more stronger but nonetheless buy can still play out
  • #789,017
  • Edited 6:22am Nov 9, 2023 5:00am | Edited 6:22am
Long 1.2273 SL 1.2250
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #789,018
  • Nov 9, 2023 5:03am Nov 9, 2023 5:03am
Although breakeven but will hold till target.
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  • #789,019
  • Nov 9, 2023 5:03am Nov 9, 2023 5:03am
It is frustrating how sometimes PA absolutely MUST touch certain price levels again before moving in true direction.. If this doesn't get rejected and bounce then we may just see new lows..
  • #789,020
  • Nov 9, 2023 5:05am Nov 9, 2023 5:05am
locking at lower bands H1..7 pips SL..
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