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Cable Update (GBPUSD)

  • #800,021
  • Jan 2, 2024 5:43am Jan 2, 2024 5:43am
Quoting vankiepsauff
{quote} still short {image}
closed all short
Attached Image (click to enlarge)
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vankiepsauff@gmail
  • #800,022
  • Jan 2, 2024 5:45am Jan 2, 2024 5:45am
Quoting MrFanciful
Looks like its one of those days where it just goes in one direction and doesn't stop
it might have support at 12650.. let’s see what US brings
Insane in the Brain..
  • #800,023
  • Jan 2, 2024 5:46am Jan 2, 2024 5:46am
...where do the buyers live? In here, or lower?

1hr below
Attached Image (click to enlarge)
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Trader with an Edge.
  • #800,024
  • Jan 2, 2024 5:46am Jan 2, 2024 5:46am
Quoting montygoldy
Trying a minute buy at 1.26700…
gonna hold it without sl its a .1lot position
Extreme gut feeling trader
  • #800,025
  • Jan 2, 2024 5:51am Jan 2, 2024 5:51am
100 pips drop
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #800,026
  • Jan 2, 2024 5:52am Jan 2, 2024 5:52am
Quoting Headland
...where do the buyers live? In here, or lower? 1hr below {image}
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #800,027
  • Jan 2, 2024 5:53am Jan 2, 2024 5:53am
Longed GU.
#Stay blue. /swinger/scalper/
  • #800,028
  • Edited 7:52am Jan 2, 2024 5:53am | Edited 7:52am
Bought GU, SL at 1.2630, TP 1.27

lost this trade
  • #800,029
  • Jan 2, 2024 5:53am Jan 2, 2024 5:53am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDxH4.png Size: 21 KB
  • #800,030
  • Jan 2, 2024 5:57am Jan 2, 2024 5:57am
Looks like a big sell off on US 10 year treasuries could be the cause of the dollars rise today.
  • #800,031
  • Jan 2, 2024 5:58am Jan 2, 2024 5:58am
... 2654-44, then 2648-38 the next 3 fib clusters....then 2548-38 - a 4 fib cluster.

Graphic below re downside fibs
Attached Image
Trader with an Edge.
  • #800,032
  • Jan 2, 2024 5:59am Jan 2, 2024 5:59am
closed all..
good day to start the year.
dont forget to withdraw the profits.
Attached Image (click to enlarge)
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  • #800,033
  • Jan 2, 2024 6:01am Jan 2, 2024 6:01am
Quoting MrFanciful
Looks like a big sell off on US 10 year treasuries could be the cause of the dollars rise today.

It's usually the opposite, US 10 year bond yields rising = dollar positive
Don't Leave Money on the Table
  • #800,034
  • Jan 2, 2024 6:02am Jan 2, 2024 6:02am
Best is to wait for bottom OB or a retest at the upper OB.

Still holding gold
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  • #800,035
  • Jan 2, 2024 6:04am Jan 2, 2024 6:04am
Quoting HaLBot
{quote} It's usually the opposite, US 10 year bond yields rising = dollar positive
A sell of treasuries causes the yield to rise. Price down = Yield up.
  • #800,036
  • Jan 2, 2024 6:08am Jan 2, 2024 6:08am
Quoting MrFanciful
{quote} A sell of treasuries causes the yield to rise. Price down = Yield up.

Yes, I'm only ever concerned with the yield....
Don't Leave Money on the Table
  • #800,037
  • Jan 2, 2024 6:11am Jan 2, 2024 6:11am
GU long at 2662

EU long at 1.0974......should have waited a bit lol
Don't Leave Money on the Table
  • #800,038
  • Jan 2, 2024 6:23am Jan 2, 2024 6:23am
I would be expecting more and more sellers to be taking profits as it could have stalled. Might prompt buyers to come in.
  • #800,039
  • Jan 2, 2024 6:24am Jan 2, 2024 6:24am
Quoting MrFanciful
I would be expecting more and more sellers to be taking profits as it could have stalled. Might prompt buyers to come in.
1 hour to NYO let’s see how the market reacts
Insane in the Brain..
  • #800,040
  • Jan 2, 2024 6:25am Jan 2, 2024 6:25am
Quoting voeltoez
{quote} targeting 2700 then 2625 today..stoploss is 2760 {image}
still on plan..buy stop placed at 2635
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