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Cable Update (GBPUSD)

  • #796,441
  • Edited 4:09am Dec 12, 2023 3:42am | Edited 4:09am
Quoting fontu
Correct up tries continue still, at this intermediate bottom forming price may fall below 2533 though before more correction. Take care {image}
Nothing changes great, just possible ext 4 down below 2530. Bull % bounce intact in the bitting effects. Take care
As doing weekly correction for for best 50% last bear candle to 2624 may +- before next bear weekly target 2445 lows.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #796,442
  • Dec 12, 2023 3:46am Dec 12, 2023 3:46am
add short 2559 tp open sl 2589
  • #796,443
  • Dec 12, 2023 3:48am Dec 12, 2023 3:48am
Quoting BeeTogether
{quote} Not too much mate finish work on 22nd until 2nd of Jan so just chill with the family. How about you? Anything planned?

Ah, the holidays... a time to slow down, breathe deep, and reconnect with the ones we hold dear.
(Done a lot of travelling this year and time to get some rest)

Traveling during major holiday and crowds, it seems the universe is whispering a special message:
"Turn inward, gather close, and savor the precious gift of family."

Nice of you getting time to chill with family, not many able to do that.
This quiet time is a fertile ground for introspection.
YES, Do that Sohail, use this precious time to solidify our bonds, making "family first" more than just a motto, but a way of life.

For in these moments of cherished connection, we find the true magic of the holidays – the magic of family.

Have great time with family.

Sincerely
PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,444
  • Dec 12, 2023 4:12am Dec 12, 2023 4:12am
Quoting Moty
i can loss only 20 but can win 60 {image}
Ty
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yes yes yes
  • #796,445
  • Dec 12, 2023 4:14am Dec 12, 2023 4:14am
Quoting Pat Chiko
{quote} GU Update closed position. Having a thought on the next set up with upcoming US Core CPI Data release.{image} US Core CPI Data release may impact GBP/USD Potential for Softening Inflation Today's release of the US November Consumer Price Index (CPI) report is highly anticipated. A slight decrease in the overall inflation rate ("headline reading") compared to October, while the core inflation rate, which excludes volatile food and energy prices, is expected to remain flat year-over-year. Forecast: Core Inflation: 4.0% year-over-year (unchanged...
GU

Update open position.
Waititng for US Core CPI Data release.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,446
  • Dec 12, 2023 4:22am Dec 12, 2023 4:22am
Quoting Pat Chiko
{quote} GU Update closed position. Having a thought on the next set up with upcoming US Core CPI Data release.{image} US Core CPI Data release may impact GBP/USD Potential for Softening Inflation Today's release of the US November Consumer Price Index (CPI) report is highly anticipated. A slight decrease in the overall inflation rate ("headline reading") compared to October, while the core inflation rate, which excludes volatile food and energy prices, is expected to remain flat year-over-year. Forecast: Core Inflation: 4.0% year-over-year (unchanged...
simpler, trade the chart, if you come from the past and have ..........experience
  • #796,447
  • Dec 12, 2023 4:30am Dec 12, 2023 4:30am
Quoting Pat Chiko
{quote} GU Update open position. Waititng for US Core CPI Data release. {image}
always has some knowledge to pick from You Sir! You’re a very good Elderly Man! Market is the teacher, I’m just a student of the Market! When I listens carefully to my Teacher in my solitude, my Teacher rewards me! I’m sure planning to breathe the Yule season in the midst of those I call Home ! Trade Safe Great People.
Price action, my best indicator.
  • #796,448
  • Dec 12, 2023 4:35am Dec 12, 2023 4:35am
Hi guys. Waiting for intraday (Tuesday Classical). The price is still in daily consolidations. Has no willingness to break out . Prefer to buy stop (LRB) / sell stop (LRS) either above premium or below discount. Just a personal opinion. Trade safe

edited
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Look right, we'll see the signs
  • #796,449
  • Dec 12, 2023 4:38am Dec 12, 2023 4:38am
Quoting Yngwie
Long 1.2552 SL 1.2540
closed 28p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #796,450
  • Dec 12, 2023 4:46am Dec 12, 2023 4:46am
Quoting Pat Chiko
{quote} GOLD update on open position. Yeterday gold consolidate near recent lows, awaiting the key US CPI data for a directional cue. A higher-than-expected inflation could bolster the US dollar and Treasury yields, weighing on gold. (focus on data release ) Conversely, a slowdown in inflation could support expectations of a Fed rate cut, benefitting gold. However, market positioning ahead of Wednesday's Fed announcement could quickly reverse any initial price moves. In summary, gold will remain at the mercy of the Dollah dynamics and yield reaction...
GOLD

update open position
Partial closed, saving some capital
Move to positive stop.
Then wait for next data release.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,451
  • Dec 12, 2023 4:46am Dec 12, 2023 4:46am
lmao, everytime I try to hold this happens.
Exhausted
  • #796,452
  • Dec 12, 2023 4:51am Dec 12, 2023 4:51am
Quoting Elysion
lmao, everytime I try to hold this happens.
It’s always the way I stopped my lungs and switched back to short only for it to continue up . Markets aren’t always clear , hoping for a small drop to 1.256
  • #796,453
  • Dec 12, 2023 5:04am Dec 12, 2023 5:04am
Dump time?
  • #796,454
  • Dec 12, 2023 5:05am Dec 12, 2023 5:05am
Quoting Moty
{quote}all out !!! took long {image}
sent you a PM by the way mate
  • #796,455
  • Dec 12, 2023 5:09am Dec 12, 2023 5:09am
Quoting Moty
{quote} Ty {image}
Hit me baby one more time
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yes yes yes
  • #796,456
  • Dec 12, 2023 5:14am Dec 12, 2023 5:14am
“When it becomes serious, you have to lie.”
― Jean-Claude Juncker
Only the chart will never lie
  • #796,457
  • Dec 12, 2023 5:17am Dec 12, 2023 5:17am
Go my wonderful bears and bring me the pips!
Risk Management is of utmost importance!
  • #796,458
  • Dec 12, 2023 5:28am Dec 12, 2023 5:28am
Quoting azhantahir
Hi guys. Waiting for intraday (Tuesday Classical). The price is still in daily consolidations. Has no willingness to break out . Prefer to buy stop (LRB) / sell stop (LRS) either above premium or below discount. Just a personal opinion. Trade safe edited {image}
Mate, the internal structure already broken from my perspective.
Only the External structure still holding.
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Internal structure produce a HH after consuming 4hr Demand zone, and HH, HL on 1hr tf still holding, price is building for an external MSS, IMO.

Anyway it is a setup, it might work or fail, nobody knows that for sure
Trade safe
More time in the market, does not mean you trade better!
  • #796,459
  • Dec 12, 2023 5:33am Dec 12, 2023 5:33am
always short except high is broken
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  • #796,460
  • Dec 12, 2023 5:44am Dec 12, 2023 5:44am
Quoting voeltoez
always short except high is broken {image}
nice, where’s your TP?
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