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Cable Update (GBPUSD)

  • #795,761
  • Edited 5:59pm Dec 7, 2023 5:45pm | Edited 5:59pm
ok let me give my reasoning why GU will drop to 2400

december 3rd i posted this chart saying dollar was boolish
https://www.forexfactory.com/attachm...2?d=1701801261

than a few days later i said this
Quoting Zebi
{quote} {quote} {quote} like i said so many times just analyze the dollar chart...you wont end up bein left holding the bag this badass mf got a viagra shot in its johnson last thursday like i said in these quotes...we'll see 104.50 this week prolly and 106 in a couple weeks before the dollar retraces some till christmas... i added a dashed line in my update where i think dollar goin this week my bearish ass will eat thanksgiving turkey again and they wont be leftovers LOL just watch the dollar gentlemen....its the one chart that rules them...
an hour after that i switched to futrures chart to show a inv. H+S since my capitalcom chart getting crowded with text

Quoting Zebi
i forgot my dollar charts from yesterday..i used the futures chart since my other one gettin cluttered with lines and text {quote} dont be losers ladies and gentlemen especially if youre beginners...do your analysis on the dollar chart if you get confused with GU or any other pair except if youre a 1 min scalper and avoid doin the same thing that the majority in the room is doing {image} {image}
remember this cause the next chart will blow your minds

so not only did the dollar bounce from support today it made the right shoulder all in one day LOL... look at that baby....the low of the nov 3rd candle is the midpoint of the bigger cpi candle on nov 14th and my target ... beautiful alignment and symmetry blike that wont go to waste and must be touched again

so whatever level GU was on nov 3rd is where it will be in next week or two before the santa clause rally
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short trump and go long the deepstate
  • #795,762
  • Dec 7, 2023 5:57pm Dec 7, 2023 5:57pm
Quoting Zebi
ok let me give my reasoning why GU will drop to 2400 december 3rd i posted this chart saying dollar was boolish https://www.forexfactory.com/attachm...2?d=1701801261 than a few days later i said this {quote} an hour after that i switched to futrures chart to show a inv. H+S since my capitalcom chart getting crowded with text {quote} remember this cause the next chart will blow your minds so not only did the dollar bounce from support today it made the right shoulder all in one day LOL... look at that baby....the...
Emotional Control. Process, not outcome.
  • #795,763
  • Dec 7, 2023 6:11pm Dec 7, 2023 6:11pm
Quoting Konichiwhaat
{quote}
what does that mean i can barely see it?
short trump and go long the deepstate
  • #795,764
  • Dec 7, 2023 6:43pm Dec 7, 2023 6:43pm
Quoting Zebi
ok let me give my reasoning why GU will drop to 2400 december 3rd i posted this chart saying dollar was boolish https://www.forexfactory.com/attachm...2?d=1701801261 than a few days later i said this {quote} an hour after that i switched to futrures chart to show a inv. H+S since my capitalcom chart getting crowded with text {quote} remember this cause the next chart will blow your minds so not only did the dollar bounce from support today it made the right shoulder all in one day LOL... look at that baby....the...
  • #795,765
  • Dec 7, 2023 6:47pm Dec 7, 2023 6:47pm
Quoting Zebi
{quote} what does that mean i can barely see it?
Japanese for STFU?
  • #795,766
  • Dec 7, 2023 6:54pm Dec 7, 2023 6:54pm
Quoting T721
gbp/usd ---- didnt get the best entries on this, short @ 661, 664, 666, and 667 -- puttint them all @breakeven now and see if it drops to target Remember its Fukem Friday today so if you aint in already dont follow me {image} {image}
gbp/usd quick update -- targets eventually hit -- thats all folks
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  • #795,767
  • Dec 7, 2023 7:16pm Dec 7, 2023 7:16pm
Quoting Konichiwhaat
{quote} 1st target hit. One trade out at BE. The other I will gently trail {image}
Happy to test a short here with a few confluences
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Emotional Control. Process, not outcome.
  • #795,768
  • Dec 7, 2023 7:20pm Dec 7, 2023 7:20pm
Quoting Jolita
{quote} Good news for me too, all good Profit factor 5, win rate 93.10%, traded Nasdaq, BTC and Oil. Good one, minimum 5 days to complete and can be done over weekend as crypto can be traded. Waiting for switch over. Thanks for recommendation. {image} {image}
great.

woman do correctly most of times.

Congrats.

Now, focus on phase 2
Intraday only.
  • #795,769
  • Dec 7, 2023 7:31pm Dec 7, 2023 7:31pm
Quoting Zebi
ok let me give my reasoning why GU will drop to 2400 december 3rd i posted this chart saying dollar was boolish https://www.forexfactory.com/attachm...2?d=1701801261 than a few days later i said this {quote} an hour after that i switched to futrures chart to show a inv. H+S since my capitalcom chart getting crowded with text {quote} remember this cause the next chart will blow your minds so not only did the dollar bounce from support today it made the right shoulder all in one day LOL... look at that baby....the...
I’m thinking a drop to 1.23, but can’t bring myself to short, as I’m in buyer mode once I get a reliable signal.
Compulsions can be hard to resist
  • #795,770
  • Dec 7, 2023 7:34pm Dec 7, 2023 7:34pm
Asian session Yen pairs moving like crazy today.
Small wrong move can bring disaster.
Had 2 losses and 1 winners.
Now waiting to close profits for a 2 L 2 W.

In one hour it has moved 160 pips
Exhausted
  • #795,771
  • Dec 7, 2023 7:37pm Dec 7, 2023 7:37pm
Quoting trumps
{quote} I’m thinking a drop to 1.23

lets hope nobody else agrees with us cause then we may be wrong
short trump and go long the deepstate
  • #795,772
  • Dec 7, 2023 7:41pm Dec 7, 2023 7:41pm
Quoting voeltoez
short only today.. i started with 2590... hope can make much pips before nfp..
yes, b4 nfp, i expect 2560 atleast
Intraday only.
  • #795,773
  • Dec 7, 2023 7:53pm Dec 7, 2023 7:53pm
i see alot of chatter all around FF even comments in news section UJ is dead so that makes me think UJ will get back up to my line in 2 or 3 trading days LOL

https://www.forexfactory.com/news/12...h#post14682399
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short trump and go long the deepstate
  • #795,774
  • Dec 7, 2023 8:00pm Dec 7, 2023 8:00pm
Quoting Zebi
i see alot of chatter all around FF even comments in news section UJ is dead so that makes me think UJ will get back up to my line in 2 or 3 trading days LOL https://www.forexfactory.com/news/12...h#post14682399 {image}
Definitely. a seemingly double bottom has formed qith a strong wick yesterday.
However I'm only looking for 146 max for today


A long term plunge is plausible as well if BoJ has finally decided to do something on their negative rates.
So currently it's all a retracement move of UJ buys.
Exhausted
  • #795,775
  • Dec 7, 2023 8:00pm Dec 7, 2023 8:00pm
Quoting navk
{quote} great. woman do correctly most of times. Congrats. Now, focus on phase 2
hi，navk。
if you sell at a wrong place, how do you handle it, how big loss would you take for this trade?
thanks a lot
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  • #795,776
  • Dec 7, 2023 8:04pm Dec 7, 2023 8:04pm
Quoting france001
{quote} hi，navk。 if you sell at a wrong place, how do you handle it, how big loss would you take for this trade? thanks a lot {image}
for me, 3 % is risk.

Yes, price may hit r1 and drop.

And on NFP days.. preferable to take trades only during NFP for me.
Intraday only.
  • #795,777
  • Dec 7, 2023 8:08pm Dec 7, 2023 8:08pm
Preferable levels to look to take trades 38 % to 50 %
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Intraday only.
  • #795,778
  • Dec 7, 2023 8:09pm Dec 7, 2023 8:09pm
Quoting navk
{quote} yes, b4 nfp, i expect 2560 atleast
expect lower...2515 maybe
  • #795,779
  • Dec 7, 2023 9:08pm Dec 7, 2023 9:08pm
trying a long here 20 pips tp and sl.. Lets see...... just a feeling the week long bearish candle gonna retrace decently today.... as i said just a gut feeling
Extreme gut feeling trader
  • #795,780
  • Dec 7, 2023 9:47pm Dec 7, 2023 9:47pm
Attached Image (click to enlarge)
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yes yes yes
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