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Cable Update (GBPUSD)

  • #790,321
  • Nov 14, 2023 2:10pm Nov 14, 2023 2:10pm
Are we heading to 1.26 without retracement?
  • #790,322
  • Nov 14, 2023 2:13pm Nov 14, 2023 2:13pm
whos a good sherlock to figger out whats happening with the dollar
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short trump and go long the deepstate
  • #790,323
  • Nov 14, 2023 2:14pm Nov 14, 2023 2:14pm
What do you guys think about ancient session?

Further buy?
  • #790,324
  • Nov 14, 2023 2:16pm Nov 14, 2023 2:16pm
Quoting Jackoboms
What do you guys think about ancient session? Further buy?

1.2500 round number resistence jack....if youre short you can start breathing
short trump and go long the deepstate
  • #790,325
  • Nov 14, 2023 2:22pm Nov 14, 2023 2:22pm
Quoting Zebi
{quote} 1.2500 round number resistence jack....if youre short you can start breathing
Still pushing up though
  • #790,326
  • Nov 14, 2023 2:25pm Nov 14, 2023 2:25pm
Quoting Jackoboms
{quote} Still pushing up though
no one can tell where exactly it will stop and reverse, my analysis says somewhere between 1.2515 to 1.2575
  • #790,327
  • Nov 14, 2023 2:34pm Nov 14, 2023 2:34pm
Quoting navk
{quote} The thing is...who has guts to buy now ? What is next option ? sell.
was debating it at 12480 but now it’s a defo no until we drop a little preferably mid way to 12450-12430 reload and boom
Insane in the Brain..
  • #790,328
  • Nov 14, 2023 2:36pm Nov 14, 2023 2:36pm
Quoting montygoldy
Shorts are riskier dxy has still room to go a bit more down today….. i’ll try to buy scalp on pullback.
This happened last week as well people trying to short n it keep climbing till the end of the day.... n even next day overshoot. Tomorrow a little overshoot n retrace dxy needs retrace.
Extreme gut feeling trader
  • #790,329
  • Nov 14, 2023 2:40pm Nov 14, 2023 2:40pm
Where is Moty with his big hammer?
  • #790,330
  • Nov 14, 2023 2:44pm Nov 14, 2023 2:44pm
i alluded to in my earlier post if i was BOJ id use the weak cpi number as an impetus for intervention and deeper drop and heres an example from july

i was answering someone in the gold thread

Quoting Zebi
{quote} do you mean i can blame chinese if im wrong? i dont blame them...they cost me money i posted i lost on a couple trades after cpi this isnt the same chart i was posting with the h+s last month....i dont know if you were here then but i was making fun of the bulls running into the anvil and falling back as you can see from the chart cpi is what crossed the neckline...thats a big ass candle for just a cpi, the next day was ppi and that didnt do shit...the last one was a huge candle too...i was shorting them and losing on some trades and eventually...

im sure it will please a few people when i say i lost money in gold in july cause of the chinese


i was bearish and still am gold till drops to 1600 but thats for another day.... what this shows and why i remember it is they fooked me that week using usd data while i was short gold LOL


reuters spilled the beans on the chinese about what thwey were doing that week and as soon as the news broke so did gold price but i closed and took the lose on the retail sales day a day before the reuters news for minus 200 pips on mu;ltiple shorts


so read my quote and learn how to read charts...mark the importatnt days so you dont get killed


thats why im saying todays dollar drop has something besides a weak cpi number behind it ...prolly jap intervention so read reuters for the exclusive LOL

foreign governments use usd data releases for their own agendas
short trump and go long the deepstate
  • #790,331
  • Nov 14, 2023 2:46pm Nov 14, 2023 2:46pm
Final short added at 12505 let’s see if overnight we can see a correction for a bit
Insane in the Brain..
  • #790,332
  • Nov 14, 2023 2:54pm Nov 14, 2023 2:54pm
Haters gonna hate, lovers gonna love, Pat will be lucky, Wave will be cool and someone will be angry couse there is no cable.

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  • #790,333
  • Nov 14, 2023 2:56pm Nov 14, 2023 2:56pm
Quoting DmShka
Where is Moty with his big hammer?
He is fighting for his freedom.
  • #790,334
  • Nov 14, 2023 2:57pm Nov 14, 2023 2:57pm
Quoting navk
{quote} Almost everybody in this thread sold much..much...much before. I shorted around 2450, Got out. As no sign of reversal. Will search for opportunities tomorrow.
Yes, those who shorted early would have felt the heat if they didn't have stops or if they kept chasing. I was in no mood for shorts on this pair. I saw this bulldozer coming many days ago. Let's see what tomorrow brings.
  • #790,335
  • Nov 14, 2023 2:59pm Nov 14, 2023 2:59pm
Quoting IgorGG
Could today be the end of this retracement? We finally had softer US data last week, but one swallow doesn't make a summer. If next week data confirms downturn, we could finally get sustainable trend upwards to 1.25 which is my target. And possibly get back to 1.27 by the end of the year.
Target hit

Quoting BrainBucks
{quote} Basically 500 pips north before the year runs out. Yea. Good luck with that As for me and my household, we shall follow price wherever it leads.
As for me and my household, we shall go on vacation.
  • #790,336
  • Nov 14, 2023 3:13pm Nov 14, 2023 3:13pm
Quoting fxmasterdxb
{quote} im sure you have your reasons and technical analysis backing up your targets, for me i dont see gold heading much further, on the contrary i expect to fall below 1800 probably by next month or by Jan, this is my opinion only, i do not have any open position in gold right now
alright so my last position before i sleep, i plan to keep the short for the week and perhaps till early next week, target is 1918
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  • #790,337
  • Nov 14, 2023 3:17pm Nov 14, 2023 3:17pm
My plan for the next trade:
Retracement to the OB + OTE, grab the double bottom liquidity and return to the main uptrend which we see at weekly.
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  • #790,338
  • Nov 14, 2023 3:35pm Nov 14, 2023 3:35pm
Quoting Mitiblotch
{quote} Yes, those who shorted early would have felt the heat if they didn't have stops or if they kept chasing. I was in no mood for shorts on this pair. I saw this bulldozer coming many days ago. Let's see what tomorrow brings.
Why people were selling here? If they dont have stops, what are they doing now? Do they have frozen accounts now?
  • #790,339
  • Nov 14, 2023 3:38pm Nov 14, 2023 3:38pm
Taken profit now, i am not greedy, could easily continue going up on wednesday, likewise could easily repeat last weeks price action and start going down and wipe out the huge daily candle . I think thats a good enough boost to the account!
  • #790,340
  • Nov 14, 2023 3:43pm Nov 14, 2023 3:43pm
Quoting DmShka
Where is Moty with his big hammer?
Perhaps market wasnt friendly to him. He's gone unusually mute
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