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Cable Update (GBPUSD)

  • #798,441
  • Dec 21, 2023 6:46am Dec 21, 2023 6:46am
Quoting Wavegarrick
{quote} Usdx Daily timeframe bearish. Yes. No? Cheers. {image}
Usdx short term target 100.870.
The retrace has been an ideal opportunity to load up on long GU trades.
Cheers.
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Trade to trade another day
  • #798,442
  • Dec 21, 2023 6:49am Dec 21, 2023 6:49am
Quoting MrFanciful
{quote} True but a lot of liquidity above and a substantial gap. This close to the holidays is there going to be enough pressure to push it through?
one thing i have learned from my bigger losses… GAPS are not guaranteed to be filled….
btw all eyes on the news if good dxy can retrace all of it ..
btw i have booked all the losses on cable shorts…
Extreme gut feeling trader
  • #798,443
  • Dec 21, 2023 6:50am Dec 21, 2023 6:50am
Quoting MrFanciful
{quote} True but a lot of liquidity above and a substantial gap. This close to the holidays is there going to be enough pressure to push it through?
You are days from a fresh margin call and are in here confidently making claims about liquidity and gaps. How incredibly arrogant.
Congratulations ScalaFX for coming out of the closet!
  • #798,444
  • Dec 21, 2023 7:04am Dec 21, 2023 7:04am
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Price is currently hovering near the Tenkan-sen, as well as Bollinger Band's 20 SMA on the Daily chart. The green kumo (green cloud shape) seems to indicate that there's still bullish energy left in the coming days, with the Chikou span (green line) staying well above the price lines. With the constant influx of worrying news and economic reports coming out during this year-end, there's bound to be extreme uncertainty during these times. All things considered, I am cautiously bearish on the dollar. I am currently long on GU from 1.265xx with a small position and will consider adding to my position in the coming days. If price goes southward, at least it'll be little lost.
Trying my best.
  • #798,445
  • Dec 21, 2023 7:07am Dec 21, 2023 7:07am
That’s my plan
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  • #798,446
  • Dec 21, 2023 7:08am Dec 21, 2023 7:08am
Quoting Robinhood1
{quote} change your last name, i saw you coming a mile away probably a bot. Bots likes each other.
You're unable or unwilling to discuss specifics about your trade calls and ideas. You post and then dodge questions. You brought up Bitcoin. Instead of misdirection, just explain your call. You're either a maven or a Muppet.
  • #798,447
  • Dec 21, 2023 7:16am Dec 21, 2023 7:16am
...2nd attempt to get north of that prev 30min sw hi zone resulted in another rejection - it is now a prev 1hr minor sw hi zone = prev res = pot res. No 30min/1hr uptrend but there is 5min bullish hidden div present, and could develop further on any deeper drop, and may stay valid so long as price above 2622.

1hr below
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Trader with an Edge.
  • #798,448
  • Dec 21, 2023 7:25am Dec 21, 2023 7:25am
Quoting ScalaFX
{quote} added 2668
closed all before news, dont wanna risk, still think price fall to 1.2520
People don't plan to lose. They lose because they don't plan.
  • #798,449
  • Dec 21, 2023 7:26am Dec 21, 2023 7:26am
Quoting vankiepsauff
i'm long at 1.2635
closed at 1.2656
vankiepsauff@gmail
  • #798,450
  • Dec 21, 2023 7:33am Dec 21, 2023 7:33am
Data very mixed …. Spike down then up and back to 13.29 area lol
Insane in the Brain..
  • #798,451
  • Dec 21, 2023 7:35am Dec 21, 2023 7:35am
Dxy closing in with last week low.. chances of breaking it.. if it does then we going deep down..
Extreme gut feeling trader
  • #798,452
  • Dec 21, 2023 7:38am Dec 21, 2023 7:38am
short scalp 2675, next 85 SL 2720 risky trade
People don't plan to lose. They lose because they don't plan.
  • #798,453
  • Dec 21, 2023 7:39am Dec 21, 2023 7:39am
Let’s see how far it goes. Long looks better to me.
  • #798,454
  • Dec 21, 2023 7:40am Dec 21, 2023 7:40am
Quoting GODofMC
{quote} not god at drawing Here my thought. Im just blindly drawing line but i think it will make support first at 2029-2033 then jump. {image} But today hight might be rejected already (need to finish H4 to confirm ) {image} Closed my sell at 2040 BTW
Quoting GODofMC
{quote} hit yesterday analysis nicely and exact Today Posisition {image} Yesterday Drawing {image} Let see moar. Continue down to second supp or jump up
Still Valid, no change in drawing
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #798,455
  • Edited 8:08am Dec 21, 2023 7:42am | Edited 8:08am
I too closed a long just before that data. It then spiked around a bit on it's release dropping to the then 50% of the then current dly lo-hi - the 5min bullish hidden div re my post above, still being present.... the fact there was no next higher t/f (+) trend to enter - just a (so far) intraday strong upmove really on 30min/1hr made it lower in risk used for me.

1hr below
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Trader with an Edge.
  • #798,456
  • Dec 21, 2023 7:44am Dec 21, 2023 7:44am
GBPUSD + GOLD looking to continue long.The drop was Just another buy opportunity.
  • #798,457
  • Dec 21, 2023 7:44am Dec 21, 2023 7:44am
Quoting ScalaFX
short scalp 2675, next 85 SL 2720 risky trade
haha all trades comes with risk. there are no trades without risk!
  • #798,458
  • Dec 21, 2023 7:50am Dec 21, 2023 7:50am
Quoting Georginson
{quote} Yes it may take my stop, that's still better than burning my entire account. If price fails to turn up this December, it will be one of the few years where price don't trade at yearly high or low by December.
are u long or short?
  • #798,459
  • Dec 21, 2023 7:50am Dec 21, 2023 7:50am
Quoting Moty
You shell drop from 1.266650-900 area {image}
Drop mf
S&p contact will drag the mf down
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yes yes yes
  • #798,460
  • Dec 21, 2023 7:51am Dec 21, 2023 7:51am
Now it will drop hard
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yes yes yes
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