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Cable Update (GBPUSD)

  • #794,121
  • Nov 30, 2023 6:11am Nov 30, 2023 6:11am
Quoting dantpm
{quote} You are in the wrong place!
Or not. Seems this thread gets posts on all sorts of topics that are not Cable.
To free Gazans of Hamas, use whatever it takes.
  • #794,122
  • Nov 30, 2023 6:12am Nov 30, 2023 6:12am
For 10 pips
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yes yes yes
  • #794,123
  • Nov 30, 2023 6:16am Nov 30, 2023 6:16am
...price @ current dly lo has found some demand in a prev minor 30min sw hi zone (once disrespected as rbs) = prev res = pot rbs

1hr below
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Trader with an Edge.
  • #794,124
  • Nov 30, 2023 6:20am Nov 30, 2023 6:20am
Quoting Fardeen1209
{quote} I know sir, but we work with possible scenarios, since it is a bet against the uptrend structure. Price action help us to take the decision eventually
Please am not trying to argue with you or win the argument, please understand.
So what am saying is that from were am coming from i have seen this thing run 200 pips against the current structure of what we might call the trend countless times. Even though we might not know outcome of this current one.
Go back and look at the month of November were we have had a strong up trend.
I trade TL but when i see this guys, i either join them or i stay out if they are opposite me. Cheers

I remember seeing USDJPY this month, i wanted to give the call here but i just kept mute because i don't normally do calls but am thinking i should start.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #794,125
  • Nov 30, 2023 6:24am Nov 30, 2023 6:24am
we still have two"left over cloud" in H1 & H4.
that will touched in the future.
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Price turnback to where, he escaped from there
  • #794,126
  • Nov 30, 2023 6:28am Nov 30, 2023 6:28am
Quoting Pat Chiko
{quote} Hi nubcake Thanks for sharing your thought here. Apart from today's unemployment claims data, we have a few other key releases to monitor. Crucial among them is the Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred measure of inflation. The PCE data will provide insights into whether the recent disinflationary trend is persisting. If the core PCE index falls below expectations, the USD could extend its recent downward trajectory. On Friday, Fed Chair JayPow will take center stage, following Fed Governor...
Hey man.
How are you?
I need a big favor from you.
Starting from the assumption that it is stupid to claim not to risk more than 2% of the capital, I remember that some time ago you posted a formula, based on the results of past operations on the basis of which to determine the lot or percentage of risk to use. Unfortunately I can't find them in my notes and in your thousands of posts. Would you be so kind to repost it?
I think it's another gem of yours.
Thank you.
  • #794,127
  • Nov 30, 2023 6:34am Nov 30, 2023 6:34am
Was down to my last £10 and thought "fuck it, it's only a tenner" so I just kept spamming that sell button with 0.01 lots all the way down and setting each TP at 2640.
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  • #794,128
  • Nov 30, 2023 6:34am Nov 30, 2023 6:34am
Quoting Fardeen1209
{quote} Mr Healand might be on spot for the minor corrective Here USD Retracement {image} Retracement coming to previous 4hr Swing LOW re-test and 50% of Wave 3 GU {image} not even close to 50%- sign of strength on part of GU
It doesn't have to be 50%. 50% is, statistically, very often reached.

If you view price movement as essentially parabolic, then the return (retracement) side is not symmetrical with the initiating side. That is, in a down trend, the rallies will cover less range than the preceding down swing. The precentage that will be retraced is never known in advance. What is known is that there WILL be a retracement.
To free Gazans of Hamas, use whatever it takes.
  • #794,129
  • Nov 30, 2023 6:37am Nov 30, 2023 6:37am
Quoting Moty
For 10 pips {image}
Seriously?? That is fighting against m15 that is already going up.
To free Gazans of Hamas, use whatever it takes.
  • #794,130
  • Nov 30, 2023 6:38am Nov 30, 2023 6:38am
Quoting martinez1
{quote} Please am not trying to argue with you or win the argument, please understand. So what am saying is that from were am coming from i have seen this thing run 200 pips against the current structure of what we might call the trend countless times. Even though we might not know outcome of this current one. Go back and look at the month of November were we have had a strong up trend. I trade TL but when i see this guys, i either join them or i stay out if they are opposite me. Cheers I remember seeing USDJPY this month, i wanted to give the call...
No worries, mr martinez. I keep myself open for all possible comments regarding trading.
It is the only way we can move forward and learn from each other And reduce our mistakes.
Would be great if you start posting thought process before fact, we can learn a lot from you.
More time in the market, does not mean you trade better!
  • #794,131
  • Nov 30, 2023 6:41am Nov 30, 2023 6:41am
Quoting fxmasterdxb
took long, booked profit, and now shorting at least 1.2625 by tomorrow, ultimate target 1.2560 {image} {image}
was hoping for 1.2625, i closed a bit earlier and plan to add new shorts at a higher price
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  • #794,132
  • Nov 30, 2023 6:41am Nov 30, 2023 6:41am
Quoting Georginson
{quote} 1.2633 attained .. what next? Can't say much other than 1.2580 is very much likely before new round of buying to 1.30.
if I may ask my friend… what did u see in 33?
  • #794,133
  • Nov 30, 2023 6:43am Nov 30, 2023 6:43am
Quoting BigNumbers
gbpusd short {image}
that area marked breaks the 12530 magnet however it does need breaking to complete the bottom movement I believe
Insane in the Brain..
  • #794,134
  • Nov 30, 2023 6:44am Nov 30, 2023 6:44am
Quoting fxmasterdxb
{quote} was hoping for 1.2625, i closed a bit earlier and plan to add new shorts at a higher price {image}
Very nice , you back in long or just waiting? What price are you aiming before a new short entry?
  • #794,135
  • Nov 30, 2023 6:46am Nov 30, 2023 6:46am
Quoting MarcoJnr
{quote} Very nice , you back in long or just waiting? What price are you aiming before a new short entry?
not planning to long unless pa hits 1.2565 and rejects it, at the moment building shorts above 1.2650
  • #794,136
  • Nov 30, 2023 6:51am Nov 30, 2023 6:51am
...23.6% of the 2732 (y/day hi) -2631 (current dly lo) down move is @ the current upside p/back hi

1hr below
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Trader with an Edge.
  • #794,137
  • Nov 30, 2023 7:15am Nov 30, 2023 7:15am
Quoting Yngwie
Long 1.2630 SL 1.2600
Closed 30 pips. big news coming up.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #794,138
  • Nov 30, 2023 7:17am Nov 30, 2023 7:17am
Quoting Yngwie
{quote} Closed 30 pips. big news coming up.

yup could swing up just like that
Insane in the Brain..
  • #794,139
  • Nov 30, 2023 7:21am Nov 30, 2023 7:21am
hold long ..tp 2750.. sl low
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  • #794,140
  • Nov 30, 2023 7:25am Nov 30, 2023 7:25am
Market now before news give credits to bad numbers from US in 5 minutes. I would not bet on it. We'Ve seen,I think, 3 numbers which were contrary (last yesterday) to a cooling economy. If number surprises today (Core PCE) and is higher than expected, GBP/USD could drop 30pips or more in a second. I would not go long before news come out -at least not now. I will take a tiny short. I have a feeling PCE Core will surprise to the upside.
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