Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #793,501
Quote
Nov 28, 3:45pm (11 hr ago) Nov 28, 3:45pm (11 hr ago)

Jolita
Joined Jan 2012 | Status: Trade Follower | 3,986 Posts | Online Now

Quoting Robinhood1

Disliked

{quote} Gold Possibility closing gap around 1941 before reaching 2359

Ignored

Yes, over 7 weeks now hovering above.
Hot areas 2080 and next year 2200

Post #793,502
Quote
Nov 28, 3:50pm (11 hr ago) Nov 28, 3:50pm (11 hr ago)

Jolita
Joined Jan 2012 | Status: Trade Follower | 3,986 Posts | Online Now

Wow, they did manage to raise GBP as expected, could further extend to 12766. What was the news? Economy is bad as it is, will the business and tax plans work though?

Post #793,503
Quote
Nov 28, 3:54pm (11 hr ago) Nov 28, 3:54pm (11 hr ago)

Jackoboms
| Joined Jun 2023 | Status: Member | 186 Posts | Online Now

Is 1.26450 tomorrow a possibility?

Or is everyone selling off USD?

Post #793,504
Quote
Nov 28, 3:55pm (11 hr ago) Nov 28, 3:55pm (11 hr ago)

OperaniyiFx
| Joined Jun 2020 | Status: Member | 191 Posts | Online Now

Quoting JourneyLife

Disliked

{quote} Pull up the average daily range indicator on your chart; and, there you go! You have an average range where price may go to. Traders use this to determine extremes of price movement for the day or week or month. Some use the average daily range, average weekly range or average monthly range of price fluctuations to determine market entries.

Ignored

thank you.. but you have a link to the Indicator?

Post #793,505
Quote
Nov 28, 4:07pm (11 hr ago) Nov 28, 4:07pm (11 hr ago)

dantpm
Joined Aug 2022 | Status: Member | 3,964 Posts | Online Now

Quoting Jolita

Disliked

Wow, they did manage to raise GBP as expected, could further extend to 12766. What was the news? Economy is bad as it is, will the business and tax plans work though?

Ignored

Nothing. nada,,
More about the US$ today.

Post #793,506
Quote
Nov 28, 4:13pm (11 hr ago) Nov 28, 4:13pm (11 hr ago)

genadi
Joined Nov 2020 | Status: Member | 1,968 Posts | Online Now

I had pending sell at 1.2667.
Now i am underwater.

Post #793,507
Quote
Nov 28, 4:15pm (11 hr ago) Nov 28, 4:15pm (11 hr ago)

ScarBack
| New Member | Status: Junior Member | 5 Posts

Quoting Moty

Disliked

{quote} Come on shorty {image}

Ignored

DXY still can't stay over 102.700. Most XXX/USD pairs are still at highs of the day. Silver actually made a new high.

Post #793,508
Quote
Nov 28, 4:16pm (11 hr ago) Nov 28, 4:16pm (11 hr ago)

Jackoboms
| Joined Jun 2023 | Status: Member | 186 Posts | Online Now

Quoting genadi

Disliked

I had pending sell at 1.2667. Now i am underwater.

Ignored

GU will retrace at some point.

Post #793,509
Quote
Nov 28, 4:17pm (11 hr ago) Nov 28, 4:17pm (11 hr ago)

Jackoboms
| Joined Jun 2023 | Status: Member | 186 Posts | Online Now

The GU market seems too bullish

Post #793,510
Quote
Nov 28, 4:18pm (11 hr ago) Nov 28, 4:18pm (11 hr ago)

Jolita
Joined Jan 2012 | Status: Trade Follower | 3,986 Posts | Online Now

Today's high was 61.8 % daily Fib, may reverse from here, but also may complete W a bit higher..

Post #793,511
Quote
Nov 28, 4:49pm (10 hr ago) Nov 28, 4:49pm (10 hr ago)

BeeTogether
Joined Oct 2020 | Status: Member | 8,101 Posts

Quoting genadi

Disliked

I had pending sell at 1.2667. Now i am underwater.

Ignored

some more red sticker data tomorrow let’s see how it effects the pair

Post #793,512
Quote
Nov 28, 4:59pm (10 hr ago) Nov 28, 4:59pm (10 hr ago)

elbert3
Joined Dec 2013 | Status: Member | 19,807 Posts | Online Now

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Post #793,513
Quote
Nov 28, 5:17pm (10 hr ago) Nov 28, 5:17pm (10 hr ago)

Waveskierrob
Joined May 2020 | Status: membership rewoked | 6,844 Posts

Quoting Jackoboms

Disliked

{quote} But you really can't blame him. Remember, you said if it goes higher you would have to sell a kidney. He probably prefers you taking your loss than selling your precious kidney.

Ignored

true I've only myself to blame, never know my limitations of sarcasm...sorry...

Soon To Be Temporarily Suspended Again

Post #793,514
Quote
Nov 28, 5:21pm (10 hr ago) Nov 28, 5:21pm (10 hr ago)

Waveskierrob
Joined May 2020 | Status: membership rewoked | 6,844 Posts

Quoting Jackoboms

Disliked

who else is currently short ?

Ignored

if the price drops sharply then most on this this thread....

Soon To Be Temporarily Suspended Again

Post #793,515
Quote
Edited 5:50pm Nov 28, 5:38pm (9 hr ago) | Edited 5:50pm

Jolita
Joined Jan 2012 | Status: Trade Follower | 3,986 Posts | Online Now

Daily bullish high 12643, low 12414; weekly space towards 13141 or sell under 12589;
and monthly still bearish desending channel with next long term up 13436 or 11865. Stay strong and choose wise.

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Post #793,516
Quote
Nov 28, 5:43pm (9 hr ago) Nov 28, 5:43pm (9 hr ago)

elbert3
Joined Dec 2013 | Status: Member | 19,807 Posts | Online Now

Quoting Jolita

Disliked

Daily bullish high 12643, low 12414; weekly space towards 13141 or sell under 12589; and monthly still bearish desendind channel with next long term up 13436 or 11865. Stay strong and choose wise.{image}

Ignored

mmm extension numbers incase it goes higher . Regards E

Post #793,517
Quote
Nov 28, 5:51pm (9 hr ago) Nov 28, 5:51pm (9 hr ago)

fxmasterdxb
Joined May 2012 | Status: Senior Member | 2,659 Posts | Online Now

Quoting Jolita

Disliked

Today's high was 61.8 % daily Fib, may reverse from here, but also may complete W a bit higher..

Ignored

actually according to my platform, 61.8% occurs @ 1.2720, lets see.

I expect a slight push tomorrow to the 1.2740 area, with maximum extension to 1.2780, if pa gets there then i intend to sell and ride a pull back

Post #793,518
Quote
Nov 28, 5:53pm (9 hr ago) Nov 28, 5:53pm (9 hr ago)

Jolita
Joined Jan 2012 | Status: Trade Follower | 3,986 Posts | Online Now

Quoting elbert3

Disliked

{quote} mmm extension numbers incase it goes higher . Regards E

Ignored

Yes can change, those are indicative current Donchian Channel levels.

Post #793,519
Quote
Nov 28, 5:56pm (9 hr ago) Nov 28, 5:56pm (9 hr ago)

Jolita
Joined Jan 2012 | Status: Trade Follower | 3,986 Posts | Online Now

Quoting fxmasterdxb

Disliked

{quote} actually according to my platform, 61.8% occurs @ 1.2720, lets see. I expect a slight push tomorrow to the 1.2740 area, with maximum extension to 1.2780, if pa gets there then i intend to sell and ride a pull back

Ignored

Yes, not exact, as depending which chart I use. Line chart less noise, levels and lines manually added and drifts around.