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Cable Update (GBPUSD)

  • #792,461
  • Nov 23, 2023 5:39am Nov 23, 2023 5:39am
Quoting Waveskierrob
{quote} Great post, let it be fun, if it's not why do it...
if the job only making stressed up, its mean we need to find another job..
life is not only for seeking money.
for me..trading just like drugs..just for fun only.
15 years trading experience.
  • #792,462
  • Nov 23, 2023 5:46am Nov 23, 2023 5:46am
Quoting JackintheBox
{quote} Yes, please. I did not know you can do that. Please try. Please go short as much as you can, thank you! Thanks for taking care of us here. Your posts are always appreciated. Especially now is a good time to short (this advice is only for nubcake, nobody else should do that!)
Do I wait for Moty to load up on longs?
Congratulations ScalaFX for coming out of the closet!
  • #792,463
  • Nov 23, 2023 5:48am Nov 23, 2023 5:48am
Quoting hoda
GU: H1 {image}
GU:30M---Uptrend
GU:H1---- Uptrend(Breakout & Retest)
GU:H4---- Uptrend____Target 1.2606Zone /1.2671 Zone
Trade Safe
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Intraday Trading is an Art _ hoda
  • #792,464
  • Nov 23, 2023 5:57am Nov 23, 2023 5:57am
Quoting Wavegarrick
{quote} Hi Bigive, I wrote about this about a month or so ago. Anyway, let me go over it again. For this I have to go to the monthly chart. Just like price tends to retrace to daily pivots, weekly pivots and so forth the same has been happening on the higher t/frames. Price started the year at my yearly pivot at 1.20552 and made a run for 1.312 ish in July this year. It retaced back to my yearly pivot and yearly open and it is since then that I have been heavily long. Price is now going back into the greater uptrend after the retrace and I suspect...
Thanks for the explanation, Leon!
You are observing too high timeframe. I watch only H1 and H4, that's why I talk about sell.
  • #792,465
  • Nov 23, 2023 5:58am Nov 23, 2023 5:58am
Quoting Headland
{quote} Hi, Personally I never hold a position through important data unless stop is @ b/e or better, and the forecasts are with me. As for traps, well every down move/correction/pullback is a potential bear-trap in an uptrend, and every upmove/correction/pullback is a potential bull-trap in a downtrend isn't it?
Yes, I think you are absolutely right.
  • #792,466
  • Nov 23, 2023 6:04am Nov 23, 2023 6:04am
Done for the day volumes are low and range is tighter than normal. Will pop in later
Insane in the Brain..
  • #792,467
  • Nov 23, 2023 6:04am Nov 23, 2023 6:04am
The new high is tricky.
swear to god i have no idea where it going to.
thank for the holiday for gave me a reason not to take side.
Bias is short, PA is bullish..
  • #792,468
  • Nov 23, 2023 6:05am Nov 23, 2023 6:05am
Quoting Whale
The new high is tricky. swear to god i have no idea where it going to. thank for the holiday for gave me a reason not to take side. Bias is short, PA is bullish..
haha same here
although there are signs PA is topping, then again its US market is off so i cannot really rely on the coming candles
  • #792,469
  • Nov 23, 2023 6:05am Nov 23, 2023 6:05am
Come on
Do it allready
You know you want to
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yes yes yes
  • #792,470
  • Nov 23, 2023 6:11am Nov 23, 2023 6:11am
GU The price is rising, but the RSI is falling. Close all long positions and wait for the reaction until NY.

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  • #792,471
  • Nov 23, 2023 6:16am Nov 23, 2023 6:16am
Quoting fxmasterdxb
{quote} haha same here although there are signs PA is topping, then again its US market is off so i cannot really rely on the coming candles
I struggle to spot topping after new high.
Especially while all the trends are up.

oscillator divergences are not for me.
dxy divergence to gu is something i do use.. and we have it now. Will see
  • #792,472
  • Nov 23, 2023 6:23am Nov 23, 2023 6:23am
Quoting sakimer
GU The price is rising, but the RSI is falling. Close all long positions and wait for the reaction until NY. {image}
NY is closed today.
UK is open for another 3.5(?) hours
  • #792,473
  • Nov 23, 2023 6:45am Nov 23, 2023 6:45am
Quoting JackintheBox
{quote} Yes, please. I did not know you can do that. Please try. Please go short as much as you can, thank you! Thanks for taking care of us here. Your posts are always appreciated. Especially now is a good time to short (this advice is only for nubcake, nobody else should do that!)
Did you catch any of those pips, or did I get to pop your stop?
Congratulations ScalaFX for coming out of the closet!
  • #792,474
  • Nov 23, 2023 6:47am Nov 23, 2023 6:47am
what we thinking fellas? uptrend continuing into 2024?
  • #792,475
  • Nov 23, 2023 6:57am Nov 23, 2023 6:57am
Quoting Whale
{quote} I struggle to spot topping after new high. Especially while all the trends are up. oscillator divergences are not for me. dxy divergence to gu is something i do use.. and we have it now. Will see
i have two indications of price topping, one fibbo extension from last swing high to swing low is 123.6 which usually is level associated with reversal if not breached, two the last four candles in 1hr tf is indicating exhaustion in price, final and conclusive for me would be price closing below 1.2520 in day close
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  • #792,476
  • Nov 23, 2023 6:57am Nov 23, 2023 6:57am
6.5 pips sl
10 pips tp
Come on
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yes yes yes
  • #792,477
  • Nov 23, 2023 7:14am Nov 23, 2023 7:14am
For 18 pips
Come on
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yes yes yes
  • #792,478
  • Nov 23, 2023 7:25am Nov 23, 2023 7:25am
Quoting eyefeelsix
{quote} if she doesn't luv you, not even one kiss will be given my sl failure to broken {image}

nice profits I take for yesterday, even though my maximum target was not achieved


#atm take pending sell in the zone

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https://breakpullback.com
  • #792,479
  • Nov 23, 2023 7:36am Nov 23, 2023 7:36am
GU Please dream again.

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  • #792,480
  • Nov 23, 2023 7:46am Nov 23, 2023 7:46am
no great movements with all one sided high impact news , still it printed a high ,below 2460 was alternative pathway of another leg up towards targets come in reality at least ! and as 2600 intermediate bull target , at least inches closer to it . anyway the last leg up not more promising continue as it is without correction. so still expecting correction with minimum risk of loss!

take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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