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Cable Update (GBPUSD)

  • #793,641
  • Nov 29, 2023 3:13am Nov 29, 2023 3:13am
Quoting Konichiwhaat
{quote} Next batch. 1,2,3 and 4. I promise this will be the last 20 I post here, regardless of the results. {image}
i like your ledger
  • #793,642
  • Nov 29, 2023 3:13am Nov 29, 2023 3:13am
Quoting Jackoboms
{quote} But DXY isn't showing great strength
Agree any dxy rise could be temporary and caused by external factors such as poor data from other countries
Insane in the Brain..
  • #793,643
  • Nov 29, 2023 3:17am Nov 29, 2023 3:17am
Quoting Whale
{quote} take it back, he is doing his best. that is what he believes in, if he choose to keep this way so let it be.
No need to worry about Moty. He is a thick-skinned, prickly "sabra"--you can't touch him.
To free Gazans of Hamas, use whatever it takes.
  • #793,644
  • Nov 29, 2023 3:20am Nov 29, 2023 3:20am
Quoting Jackoboms
Spanish Flash CPI, 3.2% as against 3.6% Is this relevant for a significant move?
Hi for eurozone watch ECB and Germany. These 2 affect euro heavily. Other countries, not much effect majority of the time
More time in the market, does not mean you trade better!
  • #793,645
  • Nov 29, 2023 3:20am Nov 29, 2023 3:20am
Quoting Jackoboms
{quote} But DXY isn't showing great strength
Do you expect that is just pop in an hour after such a drop.
price most of the time need a build up phase.
one call it accumulation or distribution..

Price have a lot of structure to deal with... it will take a while.
and when it find enough dollar bears, it will not stop until it will drained them.
  • #793,646
  • Nov 29, 2023 3:23am Nov 29, 2023 3:23am
Quoting DrDave
{quote} No need to worry about Moty. He is a thick-skinned, prickly "sabra"--you can't touch him.
someday maybe he will taste the fruit. Sabres :$
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  • #793,647
  • Nov 29, 2023 3:24am Nov 29, 2023 3:24am
Quoting Whale
{quote} Do you expect that is just pop in an hour after such a drop. price most of the time need a build up phase. one call it accumulation or distribution.. Price have a lot of structure to deal with... it will take a while. and when it find enough dollar bears, it will not stop until it will drained them.
Ok bro. Appreciate
  • #793,648
  • Nov 29, 2023 3:24am Nov 29, 2023 3:24am
Its trying to break today's Low
  • #793,649
  • Nov 29, 2023 3:26am Nov 29, 2023 3:26am
Quoting Whale
{quote} i like your ledger
Thanks. Interesting observation I have made... people "like" my winning trade day posts, but don't like the loosing day posts. That uncomforting feeling that they probably feel when they see my loosing day posts is, well, the way that this business is
Emotional Control. Process, not outcome.
  • #793,650
  • Nov 29, 2023 3:26am Nov 29, 2023 3:26am
Quoting Jackoboms
{quote} I mean no harm. I am here to learn. Not talking about my system or your system. It's a forum we can relate and learn
Agreed...
I got the confirmation in the form of divergence
Breaking Highs or lows during Asian session is an opportunity to fade in my books
Attached Image (click to enlarge)
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Read the chart... Fundies are catalyst...
  • #793,651
  • Nov 29, 2023 3:32am Nov 29, 2023 3:32am
looks good to SELL
  • #793,652
  • Nov 29, 2023 3:33am Nov 29, 2023 3:33am
Quoting satheesh
{quote} Agreed... I got the confirmation in the form of divergence Breaking Highs or lows during Asian session is an opportunity to fade in my books {image}
That's great. Your entry was spot on. Nice
  • #793,653
  • Nov 29, 2023 3:33am Nov 29, 2023 3:33am
Quoting BeeTogether
{quote} Agree any dxy rise could be temporary and caused by external factors such as poor data from other countries
H4 still bullish, but H1 is retracing the large move yesterday.
I'm scalping some m5 shorts
in wondering about yourself, you forgot what you came here to be part of
  • #793,654
  • Nov 29, 2023 3:33am Nov 29, 2023 3:33am
Quoting martinez1
{quote} I still stand by this, don't let them keep taking you out before the real move. Cheers
Am now shorting for 200 pips move. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #793,655
  • Nov 29, 2023 3:34am Nov 29, 2023 3:34am
Gu hit my first tp
  • #793,656
  • Nov 29, 2023 3:35am Nov 29, 2023 3:35am
Quoting martinez1
{quote} Am now shorting for 200 pips move. Cheers
Wow Martinez. Best time to SELL. All in
  • #793,657
  • Nov 29, 2023 3:36am Nov 29, 2023 3:36am
Quoting woody70
Sell 1.27007 I know coming into a hole number is not the thing to do but I'm seeing divergence on the hourly chart. Take profit at 1.26457. This is not a signal.
Partial profit taken stop loss at BE
  • #793,658
  • Nov 29, 2023 3:36am Nov 29, 2023 3:36am
Quoting Whale
Gu hit my first tp
Cool. I think we can go all the way down to 1.261
  • #793,659
  • Nov 29, 2023 3:38am Nov 29, 2023 3:38am
Quoting Jackoboms
{quote} Cool. I think we can go all the way down to 1.261
remember 126 is a strong support
Insane in the Brain..
  • #793,660
  • Nov 29, 2023 3:40am Nov 29, 2023 3:40am
Quoting Jackoboms
{quote} But DXY isn't showing great strength
yeah but so far it’s responding normal… the only time to show strength is during events by 3pm GMT.

and looking at the DXY set up on H1 gives more assurance that’s it’s gonna fly.
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