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Cable Update (GBPUSD)

  • #793,341
  • Nov 28, 2023 9:34am Nov 28, 2023 9:34am
Come on mister dx
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yes yes yes
  • #793,342
  • Nov 28, 2023 9:38am Nov 28, 2023 9:38am
Quoting Moty
Come on mister dx {image}

dx getting really weak not sure where the support is but with all things that rise or drop quickly the move in the opposite direction can trap traders. Not sure if 127 will be the limit for GU before a gradual move done. It was a big support area in the move down from 130ish back in July August
Insane in the Brain..
  • #793,343
  • Nov 28, 2023 9:38am Nov 28, 2023 9:38am
Quoting Whale
Sold Gold 2025 tp 1975 sl 2031
c'mon, make my day
  • #793,344
  • Nov 28, 2023 9:40am Nov 28, 2023 9:40am
Another 20 pip spike wtf!
Insane in the Brain..
  • #793,345
  • Nov 28, 2023 9:40am Nov 28, 2023 9:40am
Well. Think I'll just withdraw my last remaining £14.04 left over from my £550 profits last Friday
Happy my gold is more valuable than it was this morning though.
  • #793,346
  • Nov 28, 2023 9:40am Nov 28, 2023 9:40am
i dont se any news .. wtf happened to GU?
  • #793,347
  • Nov 28, 2023 9:42am Nov 28, 2023 9:42am
Quoting BeeTogether
Another 20 pip spike wtf!
i caught it !


i only had one trade today on cable, waiting for that H1 break to create momentum.
took profit at 17 pips
in wondering about yourself, you forgot what you came here to be part of
  • #793,348
  • Nov 28, 2023 9:42am Nov 28, 2023 9:42am
Quoting greenpips4
i dont se any news .. wtf happened to GU?
no idea nothing in form of data at all
Insane in the Brain..
  • #793,349
  • Nov 28, 2023 9:43am Nov 28, 2023 9:43am
Quoting greenpips4
i dont se any news .. wtf happened to GU?
Higher timeframes happened. Just looking at H4 is enough.
  • #793,350
  • Nov 28, 2023 9:45am Nov 28, 2023 9:45am
Quoting kelvinftg
{quote} Higher timeframes happened. Just looking at H4 is enough.
Higher timeframes only tell you what, in aggregate, what the lower timesframes did during that period. Candles are themselves, lagging indicators.
  • #793,351
  • Edited Nov 29, 2023 2:38am Nov 28, 2023 9:46am | Edited Nov 29, 2023 2:38am
Cheers dear GBP mates, your old pal quickly dropping by!!

All my shared longs finally well in the green, so now it is sit back and relax time for me until 2024.
And therefore, although it is early, I already feel like wishing to all, for 2024, the biggest dreams you wished for in 2023!!
and, of course:
merry merry New Year !!
May you and your loved ones have as many hugs
laughs, warmth, joy, peace as possible (and, of course, tacos)

Cheers friends!!!

ok, fine, you've asked for it often enough, unlimited Tacos for all, on me, and till 2024 !!! !!!!



P.S Really big November bulls (+-500pips body as of now) are hard at work to cancel September completely(+450pips body), and they only need another 20pips!

ouch! Poor October, only 30pips body stuck under !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #793,352
  • Nov 28, 2023 9:46am Nov 28, 2023 9:46am
Quoting OperaniyiFx
{quote} and how come nobody is talking about this wonderful banking idea? you must be a genius
Because grid trading is a losing strategy. In three days, James Cordie lost 150 million of investors money (all the money) because he had no stop loss, but kept shorting oil. Then, oil did something more than what the anyone imagined: It kept going up! He got out and doubled down, thinking he would trade a pullback. He was wiped out completely and still owed money to the broker.
This is one investment in a bucket of thousands!
  • #793,353
  • Nov 28, 2023 9:47am Nov 28, 2023 9:47am
The mf eat my money like pacman
  • #793,354
  • Nov 28, 2023 9:48am Nov 28, 2023 9:48am
Just been handed a bitch slap combo gold pound
average dude treading water
  • #793,355
  • Nov 28, 2023 9:48am Nov 28, 2023 9:48am
Quoting cablekingdom
In long-1.2622...tp-1.2648 I don't know y PPL in this group are so bearish on GU I still don't see any signs of bearishness, it's just a minor pullback, consolidating to make new daily high
Closed--- + 70 pips @1.2692

In short now @1.2690
  • #793,356
  • Nov 28, 2023 9:49am Nov 28, 2023 9:49am
Quoting MrFanciful
{quote} Higher timeframes only tell you what, in aggregate, what the lower timesframes did during that period. Candles are themselves, lagging indicators.
By the same logic, you can say the same thing for any timeframe: a 1 minute chart's timeframe only tells you what, in aggregate, what a lower timeframe did during that period. 1 minute candles are, themselves, lagging indicators. In essence, you said nothing at all!
This is one investment in a bucket of thousands!
  • #793,357
  • Nov 28, 2023 9:51am Nov 28, 2023 9:51am
Quoting RCtrader
{quote} less than 40 pips to 1.2700, fingers crossed
Congratulations to all bulls!
The next target is 1.3000.
Risk Management is of utmost importance!
  • #793,358
  • Nov 28, 2023 9:52am Nov 28, 2023 9:52am
Quoting LoneTrader1
{image}
Target was reached. 1.2670
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  • #793,359
  • Nov 28, 2023 9:53am Nov 28, 2023 9:53am
Quoting Wavegarrick
{quote} So far so good Cheers. {image}
Buy trade holding up nicely. My long term 61.8% fib retrace at 1.27182 becomes a reality.
Take care.
Cheers.
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Trade to trade another day
  • #793,360
  • Nov 28, 2023 9:53am Nov 28, 2023 9:53am
Another win, 31 pips
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yes yes yes
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