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Cable Update (GBPUSD)

  • #793,741
  • Nov 29, 2023 8:09am Nov 29, 2023 8:09am
DXY not showing strength. Was expecting it on 1.264 by now for entry opportunities
  • #793,742
  • Nov 29, 2023 8:09am Nov 29, 2023 8:09am
Quoting knkie
{quote} I always have a SL, but it never gets there. I can tell when i have made a bad trade decision and then i just dump it. I have often said that i would rather take a few 5 pip losses then hold on to a large drawdown hoping for things to turn around. In the end, i usually end the day with profit. But i only scalp M5 so thats a totally different mindset. keep an eye on 2714 on H1
to me 2710/14 will not/should not break.
Intraday only.
  • #793,743
  • Nov 29, 2023 8:11am Nov 29, 2023 8:11am
Quoting navk
{quote} to me 2710/14 will not/should not break.
With the way DXY is moving, perhaps the Bulls are waitingwaiting Baileys speech to push GU above 2710.

What do you think ?

1.264 may not be feasible today with the way the USD shows weakness
  • #793,744
  • Nov 29, 2023 8:12am Nov 29, 2023 8:12am
Quoting navk
{quote} The R1 has been tested. Hourly RSI is short. To me, I consider this as retrace / reversal.
When I see H1 and H2 go down together, I prefer to see that H2 stays down, waiting for H1 to rally and return down for a sell.
To free Gazans of Hamas, use whatever it takes.
  • #793,745
  • Nov 29, 2023 8:13am Nov 29, 2023 8:13am
Quoting navk
{quote} to me 2710/14 will not/should not break.
very possible Navk.
its the H1 level i am keeping an eye on.
Im not in any trades right now, as H4 and H1 are in conflict.

If as you say H1 does not break that upper resistance, then i need H4 to break below 2670,
and then i will be scalping shorts.

in wondering about yourself, you forgot what you came here to be part of
  • #793,746
  • Nov 29, 2023 8:15am Nov 29, 2023 8:15am
Quoting navk
There were few posts here calling for long. To me, the hourly RSI has printed short. I dunno why they posted long call chart and whole thread is looking for long. No clear long but there ia ample opportunity to short based on hourly RSI short. The hourly RSI short signal need to fail for long. When it can fail ? the high of today needs to break. Until then short.
So you have you gone short now?
  • #793,747
  • Nov 29, 2023 8:16am Nov 29, 2023 8:16am
Quoting DrDave
{quote} When I see H1 and H2 go down together, I prefer to see that H2 stays down, waiting for H1 to rally and return down for a sell.
This is my " see and trade " chart.
Attached Image (click to enlarge)
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Intraday only.
  • #793,748
  • Nov 29, 2023 8:17am Nov 29, 2023 8:17am
Quoting Jackoboms
{quote} So you have you gone short now?
The ADR is 90 pips for this pair.

It has already moved 59 pips from Top.

Another 25 pips move down is not ruled out.
Intraday only.
  • #793,749
  • Nov 29, 2023 8:20am Nov 29, 2023 8:20am
Quoting navk
{quote} The ADR is 90 pips for this pair. It has already moved 59 pips from Top. Another 25 pips move down is not ruled out.
You and your ADR.
Congratulations ScalaFX for coming out of the closet!
  • #793,750
  • Nov 29, 2023 8:20am Nov 29, 2023 8:20am
Yes yes yes
16 , 20 and 28 pops winners
Attached Image (click to enlarge)
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yes yes yes
  • #793,751
  • Nov 29, 2023 8:20am Nov 29, 2023 8:20am
Quoting navk
{quote} The ADR is 90 pips for this pair. It has already moved 59 pips from Top. Another 25 pips move down is not ruled out.
ok, I saw you said you see gU shorting. So was thinking you already already shorted too.
  • #793,752
  • Nov 29, 2023 8:21am Nov 29, 2023 8:21am
Quoting nubcake
{quote} You and your ADR.
my outing: i am also an ADR fan;-)
trading is like dancing, don't think and just listen to the music!
  • #793,753
  • Nov 29, 2023 8:21am Nov 29, 2023 8:21am
Quoting Jackoboms
{quote} So you have you gone short now?
I am done already based on greediness control.

Attached Image (click to enlarge)
Click to Enlarge Name: simple.png Size: 36 KB
Intraday only.
  • #793,754
  • Nov 29, 2023 8:24am Nov 29, 2023 8:24am
Quoting navk
{quote} I am done already based on greediness control. {image}
So we are not sure of 1.264 today.
  • #793,755
  • Nov 29, 2023 8:24am Nov 29, 2023 8:24am
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.

nubchop is a knucklehead but we need him here....

him and shakmoney and mkvy all get loud and act stupid at the turns....they did the same thing in october when they trolled moty and everybody else for bein boolish

these 3 clowns serve a purpose...the louder they get the closer a turn is happening LOL
short trump and go long the deepstate
  • #793,756
  • Nov 29, 2023 8:25am Nov 29, 2023 8:25am
Quoting birdland
{quote} my outing: i am also an ADR fan;-)
He does not understand ADR.

He only knows how to downgrade members here.

Having said, i never seen any of his call or analysis or chart.

But has big mouth.

He creates noice here, so i used button as advised by TWEE.
Intraday only.
  • #793,757
  • Nov 29, 2023 8:30am Nov 29, 2023 8:30am
Quoting Jackoboms
{quote} ok, I saw you said you see gU shorting. So was thinking you already already shorted too.
I shorted GU and already closed as well.
To free Gazans of Hamas, use whatever it takes.
  • #793,758
  • Nov 29, 2023 8:32am Nov 29, 2023 8:32am
Quoting Jackoboms
{quote} So we are not sure of 1.264 today.
Until a specified price actually is reached, it is never for sure.
To free Gazans of Hamas, use whatever it takes.
  • #793,759
  • Nov 29, 2023 8:36am Nov 29, 2023 8:36am
Hello, where the current hi of the day/Asian hi found resistance is old news - (a prev 4hr/dly sw hi zone = prev res = pot res that extends up to 2747, @/around Wkly R2.) On the p/back from there 4hr has printed a HL and 1hr; 2 x LH's, a L, and a LL, and what might turn out to be a 3rd LH? 1hr+ general uptrends remain intact though.

The bulls are trying to make a break higher whilst above the 4hr HL, the prev 1hr/minor 4hr sw lo zone extending down to which has been tested and has thus far held as supp.

1hr below
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Trader with an Edge.
  • #793,760
  • Nov 29, 2023 8:38am Nov 29, 2023 8:38am
Down move is blocked
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