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Cable Update (GBPUSD)

  • #797,141
  • Dec 14, 2023 10:41am Dec 14, 2023 10:41am
Quoting Pat Chiko
{quote} GU End of scalping. The BO/RT conditions were met three times today. Time for smoking {image}
hardest zones
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Look right, we'll see the signs
  • #797,142
  • Dec 14, 2023 10:42am Dec 14, 2023 10:42am
Quoting Yngwie
Sold 1.2770
nice one bro, low risk and safe.

I cannot trade anymore, smoking time
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #797,143
  • Dec 14, 2023 10:44am Dec 14, 2023 10:44am
TP set to 12806 R3 areas
Insane in the Brain..
  • #797,144
  • Dec 14, 2023 10:46am Dec 14, 2023 10:46am
Quoting nAVIN2007
{quote} long ride this one brother! (its getting boring now)haha. How are u?
Gud
ending the year trading next week
surely you will get out in profit
MY OPINION NOT FINANCIAL ADVISE
  • #797,145
  • Dec 14, 2023 10:47am Dec 14, 2023 10:47am
Quoting azhantahir
{quote} hardest zones {image}
Anticipating a retracement towards the BO zone for a potential retest.
The extent of the break remains uncertain, shrouded in the ever-evolving tactics of market makers.
They are the market gangster.....

A comprehensive assessment of the high-probability setup might be best deferred until post-Tokyo and/or London open tomorrow.

Trade Safe and stay out of doubtful trades.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #797,146
  • Dec 14, 2023 10:50am Dec 14, 2023 10:50am
Quoting Pat Chiko
{quote} Hunger Games Driven by insatiable hunger, GU charges towards the liquidity pool, disregarding and demolishing any resistance zone in its path. The sellers, its unwitting feeders, are fueling the fire by pushing prices ever higher.
that’s crazy… I surprised sometimes when some set of traders disregard the fact that there are manipulation in forex market… what’s currently going on right now and what you just said are pure manipulation by the bigger gamers…. Lots of retailers would have blowed off today already, they knew a lot of retailers are waiting there to sell… so they decided to push harder to pack everyone capital before they finally realised the market to fall.
  • #797,147
  • Dec 14, 2023 10:54am Dec 14, 2023 10:54am
Quoting MrFanciful
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. {image} {image}
Concerns are unnecessary.
Sharing valuable insights benefits everyone, and I, as a newbie, would be grateful for the opportunity to learn from your experience.

After all, this community thrives on the exchange of knowledge, not on the mere showcasing of past trades.
Those who focus solely on hindsight lack the foresight necessary for true trading prowess. (aka weak traders)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #797,148
  • Dec 14, 2023 10:54am Dec 14, 2023 10:54am
Quoting Pat Chiko
{quote} Anticipating a retracement towards the BO zone for a potential retest. The extent of the break remains uncertain, shrouded in the ever-evolving tactics of market makers. They are the market gangster..... A comprehensive assessment of the high-probability setup might be best deferred until post-Tokyo and/or London open tomorrow. Trade Safe and stay out of doubtful trades. PAT
time to retrace.
Look right, we'll see the signs
  • #797,149
  • Dec 14, 2023 11:00am Dec 14, 2023 11:00am
12 noon est candle and last 4 hr candle can be expected to be choppy with a bearish tone.

Shorted GU for few.
Intraday only.
  • #797,150
  • Dec 14, 2023 11:04am Dec 14, 2023 11:04am
Hello Guys,
.
"Dont Count The Dollar Just Yet, these Moves might retrace More faster then you think"
its DEC holidays are coming up Liquidity will be Thin and Dollar always Benefits from the holidays most of the time anyways,
and UK is in no better shape then US or EU actually they are doing bad then US,
but i will go in the details technical levels USDINDEX is DUE after plunging over 5.5%
it is at 101.45 102-102.20 is very much Possible that means 1.2700 back for GBPUSD and 1.0900 for EURUSD
not sure it will happen this week or monday but it will retrace USD is Extremally Over Sold in many levels check Few months back a year ago when it was at 101 levels,
i will not sell the DOLLAR JUST YET,
i will there is a saying *when there is Blood on street Buy Property*
it might be a risk but i took it on YEN and it paid of very well.
this time am going with US$
i might be Wring but i will sell 1.2770 for 1.2700
and 1.1000 for 1.0920
lets see if i am Wrong.
not going with GOLD it not worth it.
but YEN did worked very very well for me 140 was the main target from 151 and hell it took 3 months to get there but it did.
finally.
anyways GOOD LUCK guys.
Trade Wisely.
.
*Big money is not in the Buying or Selling, it is in the Waiting*
Don't compare your Trades with Others
  • #797,151
  • Dec 14, 2023 11:11am Dec 14, 2023 11:11am
Quoting OperaniyiFx
{quote} that’s crazy… I surprised sometimes when some set of traders disregard the fact that there are manipulation in forex market… what’s currently going on right now and what you just said are pure manipulation by the bigger gamers…. Lots of retailers would have blowed off today already, they knew a lot of retailers are waiting there to sell… so they decided to push harder to pack everyone capital before they finally realised the market to fall.
Some call it crazy... but for some, it's how participants play the game.
The term "manipulation" is often misnomer in the forex market.
It's more about unknowledgeable traders falling victim to emotions and misinformation, leading to self-fulfilling prophecies and domino effects.

Market makers (MMs) don't manipulate prices by adjusting numbers (that's illegal!). Instead, they facilitate trading by matching buyers and sellers, providing liquidity and keeping the market functioning smoothly.
They don't push prices; they simply fill orders.
This dynamic can create chain reactions, where one bad decision triggers a cascade of others.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #797,152
  • Dec 14, 2023 11:12am Dec 14, 2023 11:12am
Quoting Georginson
Sold gu 1.2734... target 1.2684, stop 1.2760
Stopped out again at 1.2760... lost 50pips today... That's 1.7% loss. Stupidly fighting the trend. I got 16 pips earlier as consolation. I will sell again once market closes to avoid daily drawdown for tomorrow.
Data + Stat + Risk/Emotions Management
  • #797,153
  • Dec 14, 2023 11:17am Dec 14, 2023 11:17am
Anyone in UK can confirm this blackout thing in UK now ?.

ALERT - UK's Metro Bank is down leaving thousands of customers without access to their accounts – online services and mobile app not working - reports
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #797,154
  • Dec 14, 2023 11:19am Dec 14, 2023 11:19am
Quoting mrwealthy
{quote}
Algo booked for 1. 31418
That's the future. Time will tell...
  • #797,155
  • Dec 14, 2023 11:19am Dec 14, 2023 11:19am
Disclaimer: I don't post my charts b/c I know what's going to happen in the future (for sure), I post them b/c I would like traders here to be aware of other possibilities ahead.
To check the accuracy of my setups playing out, please check the history of my posting (don't take anybody's word for it).
Attached Image (click to enlarge)
Click to Enlarge Name: GU 12.14 4H.png Size: 45 KB
Always trade your own plan...I don't provide trading signals.
  • #797,156
  • Dec 14, 2023 11:25am Dec 14, 2023 11:25am
Quoting Pat Chiko
Anyone in UK can confirm this blackout thing in UK now ?. ALERT - UK's Metro Bank is down leaving thousands of customers without access to their accounts – online services and mobile app not working - reports
https://www.livemint.com/news/world/...555632246.html
Insane in the Brain..
  • #797,157
  • Dec 14, 2023 11:26am Dec 14, 2023 11:26am
Quoting Pat Chiko
Anyone in UK can confirm this blackout thing in UK now ?. ALERT - UK's Metro Bank is down leaving thousands of customers without access to their accounts – online services and mobile app not working - reports
was offline for 1 hour and is online again
in wondering about yourself, you forgot what you came here to be part of
  • #797,158
  • Dec 14, 2023 11:27am Dec 14, 2023 11:27am
Quoting Coreg2004
Disclaimer: I don't post my charts b/c I know what's going to happen in the future (for sure), I post them b/c I would like traders here to be aware of other possibilities ahead. To check the accuracy of my setups playing out, please check the history of my posting (don't take anybody's word for it). {image}
wasn’t 128 a big support area during the last 900 pip drop in July? If so it could prove to a new resistance level. Keenly watching it. Have my TP there to maybe go short there
Insane in the Brain..
  • #797,159
  • Dec 14, 2023 11:33am Dec 14, 2023 11:33am
Quoting Coreg2004
Disclaimer: I don't post my charts b/c I know what's going to happen in the future (for sure), I post them b/c I would like traders here to be aware of other possibilities ahead. To check the accuracy of my setups playing out, please check the history of my posting (don't take anybody's word for it). {image}
Bro Goreg.
Beautiful and very informative chart as always.
Thanks so much for sharing your insights and charts!

We're all learning and growing together, and your contributions are invaluable.
Even if you feel like it's just a small thing, your knowledge and foresight give us a huge boost in understanding the market.

It may take some time, but we're all soaking up your wisdom, one step at a time.
Remember, we're all in this together, and your real-time guidance is truly valuable.
Keep shining those market insights!
Dont worry too much, after all you're not from the future.

Your generosity and insightful contributions to this community are truly heartwarming.
Your knowledge and guidance have enriched us all, and it's clear you put so much good into the world.

As the saying goes, "What you sow, you reap," and we have no doubt that your good deeds will bring blessings upon you and your family.
We are all grateful for your presence here.


PAT Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #797,160
  • Dec 14, 2023 11:38am Dec 14, 2023 11:38am
Quoting BeeTogether
{quote} wasn’t 128 a big support area during the last 900 pip drop in July? If so it could prove to a new resistance level. Keenly watching it. Have my TP there to maybe go short there
Personal view. There are 3 zones based on H1: 1.275-1.281 (hardest), 1.282-1.283, and 1.286-1.288. Willingness to break out or ??????
Look right, we'll see the signs
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