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Cable Update (GBPUSD)

  • #792,321
  • Nov 23, 2023 12:17am Nov 23, 2023 12:17am
Quoting dantpm
This 2 hour window before Frankfurt opens is when daily computers get reset and start trading. I have read from several that it isn't a great time to enter trading. I am taking their advice. If you are in a trade, not a great reason to exit but the trends become more valid once Frankfurt and London open.
Intraday Trading is an Art _ hoda
  • #792,322
  • Nov 23, 2023 12:28am Nov 23, 2023 12:28am
Quoting dantpm
This 2 hour window before Frankfurt opens is when daily computers get reset and start trading. I have read from several that it isn't a great time to enter trading. I am taking their advice. If you are in a trade, not a great reason to exit but the trends become more valid once Frankfurt and London open.
Frankfurt to first hour in London session is a great time to enter GU trade
Price majority of the time is either at liquidity level or Asian session high/low.
More time in the market, does not mean you trade better!
  • #792,323
  • Nov 23, 2023 12:32am Nov 23, 2023 12:32am
Quoting Fardeen1209
{quote} Frankfurt to first hour in London session is a great time to enter GU trade Price majority of the time is either at liquidity level or Asian session high/low.
Yes, Confirm 10 pips..
Intraday Trading is an Art _ hoda
  • #792,324
  • Nov 23, 2023 12:40am Nov 23, 2023 12:40am
GU: H1
Attached Image (click to enlarge)
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Intraday Trading is an Art _ hoda
  • #792,325
  • Nov 23, 2023 12:41am Nov 23, 2023 12:41am
Hi. Here is my view.
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  • #792,326
  • Nov 23, 2023 12:56am Nov 23, 2023 12:56am
I have been reading rumours that swiss bank UBS has collapsed.
Take it with grains of salt for now, might turn out not to be true.
in wondering about yourself, you forgot what you came here to be part of
  • #792,327
  • Nov 23, 2023 1:06am Nov 23, 2023 1:06am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 11 KB
little piggi eat less
big piggi get eaten
7 winners with 5 pips win loss
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yes yes yes
  • #792,328
  • Nov 23, 2023 1:06am Nov 23, 2023 1:06am
Quoting knkie
I have been reading rumours that swiss bank UBS has collapsed. Take it with grains of salt for now, might turn out not to be true.
This might help:
https://www.reuters.com/business/fin...ue-2023-11-22/
  • #792,329
  • Nov 23, 2023 1:08am Nov 23, 2023 1:08am
Quoting Yngwie
long 1.2450
Hit trailing SL for 60 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #792,330
  • Nov 23, 2023 1:09am Nov 23, 2023 1:09am
Quoting navk
A car exploded on the Rainbow bridge connecting Canada ( Niyagara falls ) and Buffallo ( USA ) few hours ago. https://youtu.be/WAVREHo6iYc?si=0F9baYNvdwo33sLG Two people from western NY reportedly dead. No terrorist activity suspected as of now.
Does this news affect the movement of GU?
  • #792,331
  • Nov 23, 2023 1:13am Nov 23, 2023 1:13am
Quoting dantpm
{quote} This might help: https://www.reuters.com/business/fin...ue-2023-11-22/
Yes I read that.

Ubs credi default swaps are going up fast.
Some people are nervous.
in wondering about yourself, you forgot what you came here to be part of
  • #792,332
  • Nov 23, 2023 1:14am Nov 23, 2023 1:14am
upper red zone is definitely a good short opportunity...but many red news in the next 2 hours!
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #792,333
  • Nov 23, 2023 1:16am Nov 23, 2023 1:16am
Quoting Cr4zy
{quote} Does this news affect the movement of GU?

It could easily. A bomb on the Canada US border, who was it intended for and why?
  • #792,334
  • Nov 23, 2023 1:21am Nov 23, 2023 1:21am
Quoting knkie
{quote} Yes I read that. Ubs credi default swaps are going up fast. Some people are nervous.

UBS hss been in trouble for quite a while. Big banks in most other countries get more government support/protection from inflation/interest rates than UBS.
  • #792,335
  • Nov 23, 2023 1:34am Nov 23, 2023 1:34am
PA not fun

i will focus gold short 1998 atm.
  • #792,336
  • Nov 23, 2023 1:37am Nov 23, 2023 1:37am
Quoting dantpm
{quote} UBS hss been in trouble for quite a while. Big banks in most other countries get more government support/protection from inflation/interest rates than UBS.
agreed Dant
im thinking this is just rumour mill because its thanxgiving.

just keep an eye on gold and otherwise trade as one would on a holiday-day
in wondering about yourself, you forgot what you came here to be part of
  • #792,337
  • Nov 23, 2023 1:42am Nov 23, 2023 1:42am
road to hell
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yes yes yes
  • #792,338
  • Nov 23, 2023 1:47am Nov 23, 2023 1:47am
Quoting Moty
road to hell {image}
Okay, why road to hell?
A lot of folks are predicting a drop in GU.

Of course if to many traders think this is the case then it probably won't happen. Sentiment right now looks pretty neutral so it is a possibility.
  • #792,339
  • Nov 23, 2023 1:52am Nov 23, 2023 1:52am
GU pushing nicely off 1.25 big lvl.
  • #792,340
  • Nov 23, 2023 1:53am Nov 23, 2023 1:53am
Gold short at 1998
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