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Cable Update (GBPUSD)

  • #790,061
  • Nov 13, 2023 11:10pm Nov 13, 2023 11:10pm
Uk data seems better than expected gone long TP over 12310
Insane in the Brain..
  • #790,062
  • Nov 13, 2023 11:14pm Nov 13, 2023 11:14pm
Quoting BeeTogether
Uk data seems better than expected gone long TP over 12310
data is rather mixed. two red, two green
trading is like dancing, don't think and just listen to the music!
  • #790,063
  • Nov 13, 2023 11:19pm Nov 13, 2023 11:19pm
Wage earnings come above expectation but still below last month figures.

Tomorrow UK CPI expectation 4.7% is a huge difference from prior month 6.7%.

Possibility for UK CPI to be <6.7% but >4.7%

The market reaction tend to be bullish in that case since GDP QoQ missed slightly the -ve expectation

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Anyone sees other setup.
The only one thing that still support a bearish view in no MSS produced on H4 yet
More time in the market, does not mean you trade better!
  • #790,064
  • Nov 13, 2023 11:20pm Nov 13, 2023 11:20pm
Quoting birdland
{quote} data is rather mixed. two red, two green
The more important question is how will the data impact UK interest rates.
Higher than expected claimant counts (red) supposedly makes it hard to raise rates.
Lower than expected wage increases (green) are still above targeted increases of 2% suggesting higher rates are required.
Overall unemployment rate flat means it is 'easier' to raise rates.
The potential for rates increases is higher. Appears that price is reflecting this.
  • #790,065
  • Nov 13, 2023 11:21pm Nov 13, 2023 11:21pm
Quoting Wavegarrick
{quote} My weekly pivot it is Cheers. {image}
Buy. Yes, No?
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Trade to trade another day
  • #790,066
  • Nov 13, 2023 11:25pm Nov 13, 2023 11:25pm
SHORT @ 1.2290 no sl tp hell...
  • #790,067
  • Nov 13, 2023 11:27pm Nov 13, 2023 11:27pm
Bulls trap
You shell not pass 1.23000
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yes yes yes
  • #790,068
  • Nov 13, 2023 11:27pm Nov 13, 2023 11:27pm
Quoting Waveskierrob
SHORT @ 1.2290 no sl tp hell...
copy
People don't plan to lose. They lose because they don't plan.
  • #790,069
  • Nov 13, 2023 11:28pm Nov 13, 2023 11:28pm
Quoting cablekingdom
In long-1.2240 Tp-1.2305 Sl-1.2228
Closed, +55 pips
  • #790,070
  • Nov 13, 2023 11:30pm Nov 13, 2023 11:30pm
GJ 186.455 short
People don't plan to lose. They lose because they don't plan.
  • #790,071
  • Nov 13, 2023 11:31pm Nov 13, 2023 11:31pm
Quoting Moty
Bulls trap You shell not pass 1.23000 {image}
ok then
  • #790,072
  • Nov 13, 2023 11:32pm Nov 13, 2023 11:32pm
Quoting Waveskierrob
SHORT @ 1.2290 no sl tp hell...
follow sold 1.2299
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #790,073
  • Nov 13, 2023 11:34pm Nov 13, 2023 11:34pm
sold 1.23

target 300pips


not a trading advice
MY OPINION NOT FINANCIAL ADVISE
  • #790,074
  • Nov 13, 2023 11:34pm Nov 13, 2023 11:34pm
closed long..open short
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  • #790,075
  • Nov 13, 2023 11:35pm Nov 13, 2023 11:35pm
Life in the old dog yet.
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  • #790,076
  • Nov 13, 2023 11:38pm Nov 13, 2023 11:38pm
Quoting donfriday
sold 1.23 target 300pips not a trading advice
I think 20 pips early, no short signal yet on any TF, rest it's market--anything can happen
  • #790,077
  • Nov 13, 2023 11:39pm Nov 13, 2023 11:39pm
GA
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  • #790,078
  • Nov 13, 2023 11:40pm Nov 13, 2023 11:40pm
360
Could be degrees or TP target
  • #790,079
  • Nov 13, 2023 11:42pm Nov 13, 2023 11:42pm
In long 1.2298 ....only 1 lot......tp-1.2368

Sl-1.2280
  • #790,080
  • Nov 13, 2023 11:44pm Nov 13, 2023 11:44pm
123 struggling to break so far. Looking for an overshot initially
Insane in the Brain..
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