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Cable Update (GBPUSD)

  • #797,101
  • Dec 14, 2023 8:58am Dec 14, 2023 8:58am
Quoting Wavegarrick
{quote} Loving this mometum. Possible test of 1.2800 today. Cheers. {image}
love your chart
Risk Management is of utmost importance!
  • #797,102
  • Dec 14, 2023 8:58am Dec 14, 2023 8:58am
It just started. Told you thank me in 2 weeks and sell the dollar. Ciao
Ret
  • #797,103
  • Dec 14, 2023 8:58am Dec 14, 2023 8:58am
Quoting fontu
previous high , goor target all hit , so time for watching breakout ! signal 2743 as start !
128? or 131?
Insane in the Brain..
  • #797,104
  • Dec 14, 2023 8:59am Dec 14, 2023 8:59am
Gold can be sweet spot today... but I'm personally out...
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  • #797,105
  • Dec 14, 2023 9:02am Dec 14, 2023 9:02am
Quoting Wavegarrick
{quote} Loving this mometum. Possible test of 1.2800 today. Cheers. {image}
you called this phase

wish i paid closer attention to your charts
short trump and go long the deepstate
  • #797,106
  • Dec 14, 2023 9:08am Dec 14, 2023 9:08am
NO BODY Calls correctly here.

There were so called excellent people here called short from 2650, if i remember, right.

The writing is on the wall if you read the previous posts.

For anyone and every one, do not copy trade any one and do not try to follow any one's analysis.

We know... fridays... end higher high or lower low... this we have been seeing.

Why not yearly higher highs ???

Having said, my account is safe.

Made some is safe profits and in positive.

And have some short trades open though.
Intraday only.
  • #797,107
  • Dec 14, 2023 9:09am Dec 14, 2023 9:09am
Quoting Bones
the fed projected ratecuts, which went from 2 to 3 cuts in 2024 on the dot plot, which is why it was dovish {image}

My ass might be back..if we see trade cuts, dollar to sink
, 1.28 gonna be scalpers paradise, hope the mofo can go higher so 1.28 becomes a base
Attached Image(s) (click to enlarge)
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  • #797,108
  • Dec 14, 2023 9:10am Dec 14, 2023 9:10am
Attached Image (click to enlarge)
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GBPUSD did not go like I had anticipated but hopefully, this 4H candle turns bearish. Might fall back to the 1.26 level tomorrow or early next week.
Small lot sizes, big wins
  • #797,109
  • Dec 14, 2023 9:12am Dec 14, 2023 9:12am
Things getting really tough this period
  • #797,110
  • Dec 14, 2023 9:13am Dec 14, 2023 9:13am
Quoting BeeTogether
{quote} 128? or 131?
they are now open for the challenge too! having limit 2633 or previous low 2499 intact !
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #797,111
  • Dec 14, 2023 9:15am Dec 14, 2023 9:15am
Quoting Traderylt
{image} GBPUSD did not go like I had anticipated but hopefully, this 4H candle turns bearish. Might fall back to the 1.26 level tomorrow or early next week.
thing is for a big move like that you usually need a catalyst which we've seen these last 2 days. If we get back to 126 by end of next week maybe the new year will start with a slight correction. the area you pointed out as a weak support has many strong support levels above it
Insane in the Brain..
  • #797,112
  • Dec 14, 2023 9:16am Dec 14, 2023 9:16am
Quoting Traderylt
{image} GBPUSD did not go like I had anticipated but hopefully, this 4H candle turns bearish. Might fall back to the 1.26 level tomorrow or early next week.
1.2685 area is a strong possibility before another aggressive move to 1.2950 - 1.3000 area this December. This is the beginning of massive dollar crash from fundamentals... Also most times price close the year at high or lows which is pointing at 1.30 area.
I may be wrong.
Data + Stat + Risk/Emotions Management
  • #797,113
  • Edited 9:33am Dec 14, 2023 9:20am | Edited 9:33am
Quoting navk
NO BODY Calls correctly here. There were so called excellent people here called short from 2650, if i remember, right. The writing is on the wall if you read the previous posts. For anyone and every one, do not copy trade any one and do not try to follow any one's analysis. We know... fridays... end higher high or lower low... this we have been seeing. Why not yearly higher highs ??? Having said, my account is safe. Made some is safe and in positive. And have some short trades open though.
Results depend on the edge one uses, the reality is there are almost infinite edges which are all a result of probability. It is impossible to not get it wrong as no edge is a 100% certain. EVERYONE needs to understand this and hopefully they will understand to be cautious.

It is what make the game so interesting. U still doing well, thanks amazing to see
  • #797,114
  • Dec 14, 2023 9:21am Dec 14, 2023 9:21am
Quoting Georginson
{quote} 1.2685 area is a strong possibility before another aggressive move to 1.2950 - 1.3000 area this December. This is the beginning of massive dollar crash from fundamentals... Also most times price close the year at high or lows which is pointing at 1.30 area. I may be wrong.
I think so too....
  • #797,115
  • Dec 14, 2023 9:22am Dec 14, 2023 9:22am
I don't normally post profit porn but these are my trades for the week. I've actually be concentrating on sitting on my hands and not trading. Reduced my target pips and waiting for a setup rather than always thinking "It has to go up or down so I need to capture it".

Each trade is a 2% risk and a mixture of GBPUSD and XAUUSD.

I'm hoping this is a corner I've turned.
Attached Image(s) (click to enlarge)
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  • #797,116
  • Dec 14, 2023 9:26am Dec 14, 2023 9:26am
Quoting keep4x
for tomorrow i thinking for buy and next week should be in buy {image}
last friday i told you guys,
Work Hard In Silence, Let Your Success Be Your Noise.
  • #797,117
  • Dec 14, 2023 9:30am Dec 14, 2023 9:30am
Quoting nAVIN2007
{quote} Results depend on the edge one uses, the reality is there are almost infinite edges which are all a result of probability. It is impossible to not get it wrong as no edge is a 100% certain. EVERYONE needs to understand this and hopefully they will understand to cautious. It is what make the game so interesting. U still doing well, thanks amazing to see
You know why I posted.

There are red diamond people post " calling it " live calls.

They forget the fact that lots of new people follow red diamond people.

So, one should be extremely cautious in posting live calls ( especially )

And for all, do not follow any one's live calls, rather try to learn from posts.
Intraday only.
  • #797,118
  • Dec 14, 2023 9:31am Dec 14, 2023 9:31am
long term 1.3146 area needs to tested, breaking above confirms uptrend, there is a shift in demand. Crypto halving next year, supply being reduced, raising demand and people are looking at crypto to try offset inflation
  • #797,119
  • Dec 14, 2023 9:37am Dec 14, 2023 9:37am
My account is safe.

Clean chart, no open trades.



And how one can call it overbought reversal ?

I see, 20 ema, 50 ema all above 200 ema as you see in my chart. ( EVEN IN 1 MIN CHART )
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Intraday only.
  • #797,120
  • Dec 14, 2023 9:38am Dec 14, 2023 9:38am
I just think GBPUSD will visit the 1.26 level again. Price going back below 1.2720 and a couple of bearish candlesticks below this level will increase the probability of a decline to 1.26
Small lot sizes, big wins
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