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Cable Update (GBPUSD)

  • #790,421
  • Nov 15, 2023 1:57am Nov 15, 2023 1:57am
Quoting BrainBucks
2400
Yep, same point of interest, 1.2390-1.2400
  • #790,422
  • Nov 15, 2023 2:04am Nov 15, 2023 2:04am
Popcorn time, chilling day
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  • #790,423
  • Nov 15, 2023 2:11am Nov 15, 2023 2:11am
Quoting Jackoboms
{quote} if markets starts selling, can't it go as low as 1.239? The bulls were crazy today.
I think is possible, I aiming for this.
Also 12547 to 12600 next area up.
So let's see how this week will close.

Stock markets at highs, and can stretch higher, FED future rates are done, and if we will have any further rate increase in 2023-2024, markets will crash.
  • #790,424
  • Nov 15, 2023 2:14am Nov 15, 2023 2:14am
Quoting mkvy
Popcorn time, chilling day {image}
letting you guys work hard all day with the price, work it work ir!!!! Come you mf's (Motys saying)
  • #790,425
  • Nov 15, 2023 2:15am Nov 15, 2023 2:15am
Quoting fxmasterdxb
{quote} 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 {image}
Going for 2020.
Check out Coreg's post on XAU futures
Post #789,690
Thanks Coreg, nice chart
  • #790,426
  • Nov 15, 2023 2:18am Nov 15, 2023 2:18am
Intraday price action
15m candle not above 1.248
sell.

otherwise, cut.
  • #790,427
  • Nov 15, 2023 2:24am Nov 15, 2023 2:24am


meee meee meee...
  • #790,428
  • Nov 15, 2023 2:29am Nov 15, 2023 2:29am
a change of trend ???
H4
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Trendlines H1,H4, SMC
  • #790,429
  • Nov 15, 2023 2:31am Nov 15, 2023 2:31am
Come on mister Aussie,sink this mf gu along with you
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yes yes yes
  • #790,430
  • Nov 15, 2023 2:33am Nov 15, 2023 2:33am
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  • #790,431
  • Nov 15, 2023 2:39am Nov 15, 2023 2:39am
Quoting mkvy
{quote} letting you guys work hard all day with the price, work it work ir!!!! Come you mf's (Motys saying)
Gotta love the way he carries on like you don't exist.
Pretty clear by now Moty's not interested in whatever you're selling
Btw, have you got any open positions on GU right now?
  • #790,432
  • Nov 15, 2023 2:44am Nov 15, 2023 2:44am
GU short
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My telegram: https://t.me/avidforex
  • #790,433
  • Nov 15, 2023 2:46am Nov 15, 2023 2:46am
Quoting JackintheBox
{quote} Stats: We hadn't such a move since september last year. So it is very special. If you lost 30% of your account today, that's normal. Market is complete crazy. I lost nothing yet but floating loss, around 1.2455, losing 40 avg. trading days currently if I would sell now. That's part of the game. Unfortunately. There are people who made a fortune today. Big fortune. congrats to them and their endurance.
Update: What I see is market makers try to keep up GBP/USD but have big difficulties. There are just no buyers at that level yet. That is no miracle when you see the jump up yesterday. I'm still down 8 avg. trading days with my shorts and closed already some of my positions. Of course we all have the tendency to close trades in plus but sometimes you have to let it go. Accordingly to stats and system having 8 avg. trading day loss on an occurance which happens 1 time in 400 days as a scalper I should close all shorts now, trade 8 days and be fine.

Of course I don't close all shorts - overall market has to correct more to gain new buyers so I have to stick to the system.
  • #790,434
  • Nov 15, 2023 2:52am Nov 15, 2023 2:52am
Come on,go to the pivot mf
This indicator predicted the big move yesterday before it happened
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yes yes yes
  • #790,435
  • Nov 15, 2023 2:54am Nov 15, 2023 2:54am
Quoting Jolita
{quote} Yep, same point of interest, 1.2390-1.2400
overshoot from daily pivot?
Insane in the Brain..
  • #790,436
  • Edited 3:39am Nov 15, 2023 2:56am | Edited 3:39am
G/M, big >2 x 30day adr bullish thrust dly thrust y/day (biggest bullish candle of the year so far,) with the hi @ a prev 1hr/4hr sw hi zone from 13th sept right @ the 61.8% of the 2800-2038 move. 38.2% of the main 3142-2038 move breached to upside, 50% of this fall is @ 2589. Today so far; early London sell-off / p/back from y/day's hi after an attempt to get north of the Asian/current dly hi. Asian lo breached to downside.

1hr below
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Trader with an Edge.
  • #790,437
  • Nov 15, 2023 2:57am Nov 15, 2023 2:57am
Quoting BeeTogether
{quote} pivot for bounce up?
I don't care
It's for my tp
yes yes yes
  • #790,438
  • Nov 15, 2023 3:06am Nov 15, 2023 3:06am
...there are repeating patterns of bullish hidden div on 30min and 1hr but these could develop further with any further downside p/back of y/day's up move.

4hr a little more crowded re fibs. 1st downside fib cluster is 2408-2400 a 4 fib cluster. (3 shown on chart below.) 23.6% of the main 2038-2506 up-move is @ 2395.

147% of 13 wk awr traveled so far this week, and 97% of 6mth amr so far this month.

4hr below
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Trader with an Edge.
  • #790,439
  • Nov 15, 2023 3:10am Nov 15, 2023 3:10am
Quoting birdland
{quote} not a newbie signal after all? {image}
on the week it printed, yes
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #790,440
  • Nov 15, 2023 3:12am Nov 15, 2023 3:12am
Quoting Moty
{quote} I don't care It's for my tp
What is the status of the journey to 2000$ ?
are we there yet?
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