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Cable Update (GBPUSD)

  • #794,081
  • Nov 30, 2023 4:34am Nov 30, 2023 4:34am
No, I am not an expert, but I do what i see in my hourly chart with 4 hr MACD in it.

I have been cautioning since asian session about this fall.
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Intraday only.
  • #794,082
  • Nov 30, 2023 4:35am Nov 30, 2023 4:35am
Quoting Whale
{quote} gimme your gold liq levels.. gu yours same as mine
Gold liq targets ?? i am out of long gold position, got out a bit early @2032 do you mean downside LQ targets
  • #794,083
  • Nov 30, 2023 4:38am Nov 30, 2023 4:38am
Quoting T721
{quote} Gold liq targets ?? i am out of long gold position, got out a bit early @2032 do you mean downside LQ targets
of course downside
  • #794,084
  • Nov 30, 2023 4:41am Nov 30, 2023 4:41am
Quoting Whale
{quote} of course downside
gimme 2mins
  • #794,085
  • Nov 30, 2023 4:41am Nov 30, 2023 4:41am
another 26 and 30 pips won trades
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yes yes yes
  • #794,086
  • Edited 5:00am Nov 30, 2023 4:44am | Edited 5:00am
Quoting Whale
{quote} of course downside
Grey zones are the bigger daily Liquidity draws, obviously there are many more in between but dont go lower than 1hr tf to find em
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  • #794,087
  • Nov 30, 2023 4:45am Nov 30, 2023 4:45am
Quoting navk
No, I am not an expert, but I do what i see in my hourly chart with 4 hr MACD in it. I have been cautioning since asian session about this fall. {image}
Same here. Expected drop to 1.2642 around. Bulls were exhausted. Now new fuel possible and higher highs (>1.27xx). Every retrace I buy now.
  • #794,088
  • Nov 30, 2023 4:45am Nov 30, 2023 4:45am
Quoting Moty
another 26 and 30 pips won trades {image}
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  • #794,089
  • Nov 30, 2023 4:49am Nov 30, 2023 4:49am
Quoting JackintheBox
{quote} Same here. Expected drop to 1.2642 around. Bulls were exhausted. Now new fuel possible and higher highs (>1.27xx). Every retrace I buy now.
I hope they let it drop again, but as I know my luck They will kick it to at least 1.2653 and than they let it drop so I have problems with current day low (too far away from my entry than). Anyway, smart money knows what to do and they know... that's the problem
  • #794,090
  • Nov 30, 2023 4:54am Nov 30, 2023 4:54am
bottom found?
Insane in the Brain..
  • #794,091
  • Nov 30, 2023 4:58am Nov 30, 2023 4:58am
Quoting BeeTogether
bottom found?
Not sure, RSI is now saying it can go lower...
  • #794,092
  • Nov 30, 2023 4:59am Nov 30, 2023 4:59am
G/M, y/day's dly doji candle resolved to the downside so far. Today thus far; a small downside break of Asian lo and then a run up to Asian hi/current dly hi where supply was encountered and a steep downside move - 2nd downside break of Asian lo to current dly lo where there is a fib and the 4hr part of a prev 1hr/4hr sw hi zone = prev res = pot rbs.

1hr below
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Trader with an Edge.
  • #794,093
  • Nov 30, 2023 5:00am Nov 30, 2023 5:00am
Quoting JackintheBox
{quote} I hope they let it drop again, but as I know my luck They will kick it to at least 1.2653 and than they let it drop so I have problems with current day low (too far away from my entry than). Anyway, smart money knows what to do and they know... that's the problem

What will happen is that I will decide that today's big moves are over and take a nap. Right after I lie down, the market will spike!
  • #794,094
  • Nov 30, 2023 5:02am Nov 30, 2023 5:02am
...steepest dly asc t/line, joining 2187 with 2449 under threat @ current dly lo. Today's dly candle might result in the current wkly hi/uptrend hi on this t/f being a 4th consecutive HH? 2559 begins the last dly t/f prev sw hi zone = prev res = pot rbs. 3 fib cluster and wkly pivot in that zone.

dly below.
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Trader with an Edge.
  • #794,095
  • Nov 30, 2023 5:03am Nov 30, 2023 5:03am
Quoting BeeTogether
bottom found?
It will go lower, those guys are not yet done offloading their positions normally it should get to where the immediate up move started.
Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #794,096
  • Nov 30, 2023 5:04am Nov 30, 2023 5:04am
1.2654 that's price for today. If you see a 30mins closes above buy the dip with 1.2640 as support.
  • #794,097
  • Nov 30, 2023 5:07am Nov 30, 2023 5:07am
Quoting BeeTogether
bottom found?
on my system yes it is...need retrace to more deep..maybe back to 2670 first
  • #794,098
  • Nov 30, 2023 5:11am Nov 30, 2023 5:11am
Quoting martinez1
{quote} It will go lower, those guys are not yet done offloading their positions normally it should get to where the immediate up move started. Cheers
Hi, on what t/f? On dly t/f for example it might be 2449? - that last HL.
Trader with an Edge.
  • #794,099
  • Nov 30, 2023 5:23am Nov 30, 2023 5:23am
Quoting Headland
{quote} Hi, on what t/f? On dly t/f for example it might be 2449? - that last HL.
Okay, sorry for that... am saying in respect to the immediate move on 1Hr which is 24454. The positions was to be offloaded even before we
had thanksgiving but due to the thanksgiving it was aborted. So am taking the point from the last move up then maybe then will be new money come in but whatever happens we will find out after 24454 and make adjustment.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #794,100
  • Nov 30, 2023 5:30am Nov 30, 2023 5:30am
All out
Yes yes yes
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yes yes yes
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