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Cable Update (GBPUSD)

  • #796,921
  • Dec 13, 2023 9:49pm Dec 13, 2023 9:49pm
Quoting voeltoez
{quote} it was tested and fail break 2650.. drop soon my feelings..
All the HTF are not showing any signs of retracement or reversal, bouncing from heavy support zone ~1.2500. Clear break of declining channel which is not drawn here. Especially after a jet fuel catalyst like FOMC, we can expect testing of 1.2733 soon. Unless we see bank rates change which is unlikely..
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  • #796,922
  • Dec 13, 2023 9:52pm Dec 13, 2023 9:52pm
Quoting trumps
GU at resistance. Shorting for a lower result. {image}
cut this one off.
Compulsions can be hard to resist
  • #796,923
  • Dec 13, 2023 9:54pm Dec 13, 2023 9:54pm
Technically, there is no resistance in GBPUSD until 1.2750 level. The only way this goes down if the market decides to fade the spike
Small lot sizes, big wins
  • #796,924
  • Dec 13, 2023 9:57pm Dec 13, 2023 9:57pm
Quoting KareemAliFx
{quote} All the crap talk towards me and other buyers and now look at you ! Nice short . Next time don’t talk . Fed was dovish. end of story
Exactly. It ccouldn't have been any more dovish without being negative. Just look at the highlights itself.
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  • #796,925
  • Dec 13, 2023 9:59pm Dec 13, 2023 9:59pm
Quoting KareemAliFx
{quote} All the crap talk towards me and other buyers and now look at you ! Nice short . Next time don’t talk . Fed was dovish. end of story
nubbies left us he hasnt been around so we lost an idiot....im glad youre filling his shoes
short trump and go long the deepstate
  • #796,926
  • Dec 13, 2023 10:01pm Dec 13, 2023 10:01pm
Quoting voeltoez
{quote} it was tested and fail break 2650.. drop soon my feelings..
to me, 2660 to 2670 easy.

The price, I have seen over the years, on a bullish daily close + break of asian high, almost guarantee test is r1.
Intraday only.
  • #796,927
  • Dec 13, 2023 10:03pm Dec 13, 2023 10:03pm
Quoting KareemAliFx
{quote} All the crap talk towards me and other buyers and now look at you ! Nice short . Next time don’t talk . Fed was dovish. end of story

i was talkin shit about you 2 wseeks ago at the highs and price fell LOL

i closed my shorts yesterday and wasnt even around for the fed announcement today

keep being loud cause youll be as good a signal as nubbie and his other buddies LOL

Quoting Zebi
{quote} i closed just now UJ and im lightening up my GU shorts on futures and closed all shorts on my oanda account cause the only person other than my mother that i still fear is jerome im gona hold the futures shorts till 2400 but use the oanda account to go long if powells press conference gives me buy signals im still dollar boolish... this is just precautionary cause the dollar haters keep holding down the greenback
Quoting Zebi
i closed all my gold shorts...im still bearish gold just a precautionary move for powells press conference...he scares me more than my mother does
maybe you can get me next time LOL

just keep posting your simulated virtual prop profits like the fool you are...call me when you own a real account LOL
short trump and go long the deepstate
  • #796,928
  • Dec 13, 2023 10:09pm Dec 13, 2023 10:09pm
Quoting kelvinftg
{quote} Exactly. It ccouldn't have been any more dovish without being negative. Just look at the highlights itself. {image}
Exactly my friend, the prevailing optimism in the markets, fueled by the anticipation of rate cuts, has contributed to the current uptrend in eurusd , gold , stocks today, the recent discourse from the Federal Reserve discussing potential rate cuts has further intensified the current usd weakness .
Master your mind. Master Trading.
  • #796,929
  • Edited 10:34pm Dec 13, 2023 10:12pm | Edited 10:34pm
Quoting Zebi
{quote} i was talkin shit about you 2 wseeks ago at the highs and price fell LOL i closed my shorts yesterday and wasnt even around for the fed announcement today keep being loud cause youll be as good a signal as nubbie and his other buddies LOL {quote} {quote} maybe you can get me next time LOL
you shorted GU today nice try hiding that embarrassment . I see it posted by you 5 hours ago. Also I don’t know what you’re on about 2 weeks ago. Then again I have you muted so must of missed the comments . Doesn’t matter anyway I’m going to go back to ignoring you. You don’t know what you’re doing and therefore not worth collaborating with . Good luck
Master your mind. Master Trading.
  • #796,930
  • Dec 13, 2023 10:24pm Dec 13, 2023 10:24pm
Quoting KareemAliFx
{quote} you shorted GU today nice try hiding that embarrassment . I see it posted by you 5 hours ago. Also I don’t know what your on about 2 weeks ago. Then again I have you muted so must of missed the comments . Doesn’t matter anyway I’m going to go back to ignoring you. You don’t know what you’re doing and therefore not worth collaborating with . Good luck

Quoting Zebi
short GU 2617 sl open cause will average and todays low is tp
Quoting Zebi
{quote} same here will add short at hourly close
i shorted 2 times tonight one at 2617 and other at 2640...and im only 20 pips down on my average off an hourly chart...lets see where price is friday close

why would i want to collaborate with you ...are you high LOL
short trump and go long the deepstate
  • #796,931
  • Dec 13, 2023 10:37pm Dec 13, 2023 10:37pm
Quoting trumps
{quote} cut this one off.
Just checked the weekly again.
I have to short it again.
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Compulsions can be hard to resist
  • #796,932
  • Dec 13, 2023 10:46pm Dec 13, 2023 10:46pm
Quoting navk
{quote} to me, 2660 to 2670 easy. The price, I have seen over the years, on a bullish daily close + break of asian high, almost guarantee test is r1.
I moved my TP to R1. Hope we get there before CHF news.
  • #796,933
  • Dec 13, 2023 11:08pm Dec 13, 2023 11:08pm
GU

Next set up thought process.
Not financial advice!
I mostly made bad calls.
Any constructive comment welcome
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,934
  • Dec 13, 2023 11:19pm Dec 13, 2023 11:19pm
Quoting Pat Chiko
GU Next set up thought process. Not financial advice! I mostly made bad calls. Any constructive comment welcome{image}
I think your charts are excellent and I enjoy looking at them. No bad calls, all just a game of making higher probability choices based on one's own judgement and studies.

Swing-trading is more stressful than day-trading and scalping I think because of focus on HTFs. Patience is so important as targets take far longer to reach and trades may stay underwater or risk BE after days of opened trades which means swaps are incurred regardless.

Good thing is that the sharks and whales look at the same charts instead of 5M, 15M, 1H which is how the big moves happen.
  • #796,935
  • Dec 13, 2023 11:30pm Dec 13, 2023 11:30pm
Quoting Pat Chiko
GU Next set up thought process. Not financial advice! I mostly made bad calls. Any constructive comment welcome{image}
GU

Quick revision based on Price action.
As it is strong momentum bull, we may find the next pull back going to be shallow.
This is part of Bearish Squeeze taking out any short position

We revise as price move along towards LO.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,936
  • Dec 13, 2023 11:38pm Dec 13, 2023 11:38pm
Quoting voeltoez
closed all minus short, losing 50% cpi profit. brand new fresh meta. sold 2650 will add @2700 {image}
closed all 60 pips
  • #796,937
  • Dec 13, 2023 11:59pm Dec 13, 2023 11:59pm
my short zone will start at 1.2670 and my long zone at 1.2623
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trading is like dancing, don't think and just listen to the music!
  • #796,938
  • Dec 14, 2023 12:06am Dec 14, 2023 12:06am
From experience what is best??.. Trade a single pattern across multiple pairs or multiple pattern on a single pair. Every pattern has almost equal winning rate.
  • #796,939
  • Dec 14, 2023 12:14am Dec 14, 2023 12:14am
If GBP/USD doesn't break the 1.2650 level in the next couple of hours, I am thinking about going short here. Possible entry around 1.2640-1.2650 with target at 1.2510. I have not figured out the SL yet. Although, I rarely use Stop Losses.

Note: Please note this is not any trading advice, just my personal opinion.
Small lot sizes, big wins
  • #796,940
  • Edited 12:57am Dec 14, 2023 12:42am | Edited 12:57am
checking pa , it took the first available support to next bounce target 2651 tested .daily bounce target 2645 exactly not hit yet but over 61.8 fibs played , next price below 2628 and hold then likely correct below 2561 before last try bounce up or fail confirm!

overall bounce tries intact again and again . even price below 2375 or 2186 as there may a second chance get the daily target and highs even !
again market should strain seriously in recent days as oil testing 67 or better 65 levels . the are just pullback and last lest up level , may bounce vigorously or tan tame artificially with every pressure on it to even 38 dollars( long time waiting for ) a barrel but again it must shoot up like never before ! so some war or something disaster may going to happen year end or new year ! the limit the play be better for me .
take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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