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Cable Update (GBPUSD)

  • #797,301
  • Dec 15, 2023 2:42am Dec 15, 2023 2:42am
gbp/usd --- a bigger look at where we are now.... .764 retrace of impulsive drop is marked, just be careful as no clear shorts atm, better to wait for a bear engulf on 15min or 1hr tf then short the retrace --- just my 3cents guys
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  • #797,302
  • Dec 15, 2023 2:46am Dec 15, 2023 2:46am
This hourly candle will close bullish then next should be bearish forming a tweezer.
Let's see if I'm right.
Tryna do predictions based on my system
Exhausted
  • #797,303
  • Dec 15, 2023 2:50am Dec 15, 2023 2:50am
Quoting Elysion
Short to 1.27
Dont you think it will go further up?
  • #797,304
  • Dec 15, 2023 2:51am Dec 15, 2023 2:51am
check your equity curve when you follow your rules
check your equity curve when you fail to follow your rules

the holy grail you seek is in front of you.
MY OPINION NOT FINANCIAL ADVISE
  • #797,305
  • Dec 15, 2023 2:53am Dec 15, 2023 2:53am
Quoting Jackoboms
{quote} Dont you think it will go further up?
not that easy without reasonable pullback… that’s a solid long time zone. Must be tested several times.
  • #797,306
  • Dec 15, 2023 2:56am Dec 15, 2023 2:56am
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yes yes yes
  • #797,307
  • Dec 15, 2023 2:56am Dec 15, 2023 2:56am
Quoting Jackoboms
{quote} Dont you think it will go further up?
1.27 first
Exhausted
  • #797,308
  • Dec 15, 2023 2:58am Dec 15, 2023 2:58am
Hello fellow traders, I have been off from trading for the last week or so, not planning to trade until the first week of Jan, just thought of sharing my views in GU here:

PA is certainly bullish, i expect a push towards 1.2805-30 before a correction of approx 100 pips or so, followed with continuation of the bull trend. I wouldnt be surprised to see PA closing the year @ 1.3 or somewhere close to this range
  • #797,309
  • Dec 15, 2023 3:07am Dec 15, 2023 3:07am
Quoting azhantahir
{quote} GBP PMI {image}
Fair value Gap VS Inversion fair value Gap. Trade safe
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Look right, we'll see the signs
  • #797,310
  • Dec 15, 2023 3:22am Dec 15, 2023 3:22am
Quoting Elysion
This hourly candle will close bullish then next should be bearish forming a tweezer. Let's see if I'm right. Tryna do predictions based on my system
system that predict the next and the after the next hour close?
  • #797,311
  • Dec 15, 2023 3:36am Dec 15, 2023 3:36am
For 24 pips
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yes yes yes
  • #797,312
  • Dec 15, 2023 3:50am Dec 15, 2023 3:50am
Quoting Konichiwhaat
{quote} I do enjoy trading so probably first or second week of January. But not sure yet. I do like long breaks from trading too, just to reset my mind and relax. Trading is a looooooong game. Take care
Get ready to SELL in NY session guys
  • #797,313
  • Dec 15, 2023 3:51am Dec 15, 2023 3:51am
Quoting Konichiwhaat
{quote} I do enjoy trading so probably first or second week of January. But not sure yet. I do like long breaks from trading too, just to reset my mind and relax. Trading is a looooooong game. Take care
Alright bro
  • #797,314
  • Dec 15, 2023 3:54am Dec 15, 2023 3:54am
Quoting Wavegarrick
{quote} Loving this mometum. Possible test of 1.2800 today. Cheers. {image}
Usdx setting up for another south move.
Trade safe,
Cheers.
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Trade to trade another day
  • #797,315
  • Dec 15, 2023 4:11am Dec 15, 2023 4:11am
Let’s get this next break down to 1.275/1.274
  • #797,316
  • Dec 15, 2023 4:13am Dec 15, 2023 4:13am
Quoting Whale
{quote} system that predict the next and the after the next hour close?
Hmm? Kinda.
Valid in multiple timeframe but so far most accurate in hourly.
Exhausted
  • #797,317
  • Dec 15, 2023 4:14am Dec 15, 2023 4:14am
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!! Radha Radha !!
  • #797,318
  • Dec 15, 2023 4:14am Dec 15, 2023 4:14am
Waiting for price to come down to 2720-2730ish area which is a concentrated area of Daily Pivot, 23.6 fib, and triple top November high. Will be a great place to long from here to R1 area which is 2836 on my chart.
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  • #797,319
  • Edited 4:49am Dec 15, 2023 4:23am | Edited 4:49am
G/A, hope this week so far (on last trading day,) has treated everyone well. Good to read Mr Fanciful may be 'turning a corner.' Just had a quite thread-free week's trading here.

4 x consecutive bullish-bodied dly candles so far this week with y/day's (> 30day adr) big bullish thrust upside follow-thru on wed's hammer-esq dly candle. So far today kinda rangy consolidation on 1hr with a slight downside false 1st break of the Asian lo then a false 1st upside break of Asian hi. price has now twice encountered supply in the prev 4hr/dly/minor wkly sw hi zone that extends up to 2800, = prev res = port res. Needless to say the dly/4hr general uptrends are still intact (with an upside breach of the wkly desc t/line that joined 3142 [current yrly hi] with 2732 y/day.) There is still (a more messy) 1hr general uptrend too in play, - all correct @ time of writing..

Dly below
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Trader with an Edge.
  • #797,320
  • Dec 15, 2023 4:23am Dec 15, 2023 4:23am
Quoting navk
30 min chart point out clear selling to me. Will see how ff/LO reacts there at highs.
In line with my analysis earlier in Asia,

Did close 2 nd basket of short trades.

Overall fantabulous day

Both accounts

2.5 % ++

Will come back after NY open.
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Intraday only.
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