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Cable Update (GBPUSD)

  • #796,401
  • Dec 12, 2023 1:35am Dec 12, 2023 1:35am
Quoting navk
{quote} It happens, lol. In my home, closet is nearby to my PC, I can come back soon.
because in my mind..spike will be at 5 minutes. after news
  • #796,402
  • Dec 12, 2023 1:36am Dec 12, 2023 1:36am
Quoting dantpm
{quote} I have seen several people try this and occasionally get taken out with teaser spikes both ways before the real spike occurs. Are you setting up 'hidden pending' trades or posting them on the system?
No, I don't do it because I don't believe in manipulation or stop loss hunts. But I know some traders who also believe in stop hunts an manipulation who do it and have developed systems around it, and they actually do very well.
Emotional Control. Process, not outcome.
  • #796,403
  • Dec 12, 2023 1:36am Dec 12, 2023 1:36am
Will the interest rate traders start pricing in for BOE cut next year?
Given wage inflation starts to cool off.

This will tighten the spread between UK SONIA and US SOFR.

Correction might become new trend down.


Bailey speech will confirm this
More time in the market, does not mean you trade better!
  • #796,404
  • Dec 12, 2023 1:39am Dec 12, 2023 1:39am
Quoting BeeTogether
The data release from DailyFX {image}
The numbers in FF for claimant count are different.
When you consider 32 million people employed in the UK, 10k more or less new claimants is a rounding or reporting error!
  • #796,405
  • Dec 12, 2023 1:47am Dec 12, 2023 1:47am
just need 10pips..
for ammo at cpi
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  • #796,406
  • Dec 12, 2023 1:47am Dec 12, 2023 1:47am
1st target level prolly 1.255
Remaining 1.252 and belowm
Exhausted
  • #796,407
  • Dec 12, 2023 1:51am Dec 12, 2023 1:51am
dollars still boolish gentlemen

im a big fan of the inv h+s and theres one on 4H dollar chart...its makin the right shoulder as we speak
and the fact cpi disappointed only 3 times in 13 years in december you all know what my badass mf dollar chart gona do
Attached Image (click to enlarge)
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short trump and go long the deepstate
  • #796,408
  • Dec 12, 2023 1:53am Dec 12, 2023 1:53am
Quoting voeltoez
just need 10pips.. for ammo at cpi {image}
I'm slightly greedy today. Aimming for 30 pips and above.
Exhausted
  • #796,409
  • Dec 12, 2023 1:54am Dec 12, 2023 1:54am
if someones got a compulsion to buy shit let it be UJ LOL

theres idiots all over the place still talkin about 126 target on it LOL
short trump and go long the deepstate
  • #796,410
  • Dec 12, 2023 1:57am Dec 12, 2023 1:57am
Quoting dantpm
{quote} The numbers in FF for claimant count are different. When you consider 32 million people employed in the UK, 10k more or less new claimants is a rounding or reporting error!
yeah.. I’m leaning towards poor reporting
Insane in the Brain..
  • #796,411
  • Dec 12, 2023 1:59am Dec 12, 2023 1:59am
Quoting Zebi
if someones got a compulsion to buy shit let it be UJ LOL theres idiots all over the place still talkin about 126 target on it LOL
in all technicalities it's still probable.
Price isn't that far from 1.26
any news spike may bring it to 1.26. before plunging.
Currently H1 timeframe 1.258 - 1.260 is a resistance zone
Exhausted
  • #796,412
  • Dec 12, 2023 2:02am Dec 12, 2023 2:02am
Quoting Elysion
{quote} in all technicalities it's still probable. Price isn't that far from 1.26 any news spike may bring it to 1.26. before plunging. Currently H1 timeframe 1.258 - 1.260 is a resistance zone

im talkin about usdjpy
short trump and go long the deepstate
  • #796,413
  • Dec 12, 2023 2:03am Dec 12, 2023 2:03am
GBPUSD Hourly Chart

The hourly chart indicates some decline could happen. GBP/USD could touch the 1.25 level again. However, the 4H chart is giving me
conflicting signals. Thus, I am staying away from this one at the moment.
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Small lot sizes, big wins
  • #796,414
  • Dec 12, 2023 2:03am Dec 12, 2023 2:03am
Quoting Zebi
{quote} im talkin about usdjpy
Oh. 126? Maybe a few more years lmao.
Can't even break 141 yet.
Exhausted
  • #796,415
  • Dec 12, 2023 2:06am Dec 12, 2023 2:06am
I'm deciding not to look at the charts.
Leaving it be and be back in a couple hours.
Hopefully it drops to my target.
Exhausted
  • #796,416
  • Dec 12, 2023 2:13am Dec 12, 2023 2:13am
Quoting Elysion
{quote} I'm slightly greedy today. Aimming for 30 pips and above.
2560 is strong because at midbands H1,, except H1 can close below it,,2500 is easy today
  • #796,417
  • Dec 12, 2023 2:18am Dec 12, 2023 2:18am
stubborn mf
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yes yes yes
  • #796,418
  • Dec 12, 2023 2:22am Dec 12, 2023 2:22am
Quoting voeltoez
{quote} 2560 is strong because at midbands H1,, except H1 can close below it,,2500 is easy today
Waiting for price to move below the mid bands.
Then we should head towards 1.25 easily.
Exhausted
  • #796,419
  • Dec 12, 2023 2:23am Dec 12, 2023 2:23am
Cable long tp 1.26
Gold short tp 1982
Usdjpy short tp 145.100
  • #796,420
  • Dec 12, 2023 2:29am Dec 12, 2023 2:29am
Quoting Elysion
{quote} Waiting for price to move below the mid bands. Then we should head towards 1.25 easily.
H1 failed to force and close below 2560
break high... bulls will be unstoppable
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