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Cable Update (GBPUSD)

  • #801,541
  • Jan 10, 2024 6:39am Jan 10, 2024 6:39am
Quoting eyefeelsix
{quote} I promise more than that
There is a 15 min H&S developing that might support that
  • #801,542
  • Jan 10, 2024 6:56am Jan 10, 2024 6:56am
There is a good chance to go down
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yes yes yes
  • #801,543
  • Jan 10, 2024 6:57am Jan 10, 2024 6:57am
Quoting dantpm
{quote} There is a 15 min H&S developing that might support that
multiple timeframes are pointing to bear move, im short with first target 1.2645, ultimate target for me 1.2535
  • #801,544
  • Jan 10, 2024 6:59am Jan 10, 2024 6:59am
Quoting Waveskierrob
{quote} Coreg2004 is one of the best traders that post on this forum, blows the likes of WaveGarrick out of the water...just my opinion....
Waveski, thanks for acknowledging my contribution here. Most of the people are in this thread for entertainment only, give a thumbs up, kick someone in the a$$, or bestow on others their wisdom. The funny thing is they think I'd read 2 books about EW and came here to practice the theory. The sad thing is they don't recognize what it takes to succeed in this business and who they are trading against. Sorry for missing your post for so long.
Always trade your own plan...I don't provide trading signals.
  • #801,545
  • Jan 10, 2024 7:01am Jan 10, 2024 7:01am
Quoting dantpm
{quote} There is a 15 min H&S developing that might support that
high volatility ahead will disrupt TA on middle/lower timeframes, I still rely on EW for traffic mapping
https://breakpullback.com
  • #801,546
  • Jan 10, 2024 7:07am Jan 10, 2024 7:07am
12730 resisting really well. Needs a break above then maybe 12750 might not hold and we could see 12780-128..
Insane in the Brain..
  • #801,547
  • Jan 10, 2024 7:15am Jan 10, 2024 7:15am
Quoting Coreg2004
{quote} Waveski, thanks for acknowledging my contribution here. Most of the people are in this thread for entertainment only, give a thumbs up, kick someone in the a$$, or bestow on others their wisdom. The funny thing is they think I'd read 2 books about EW and came here to practice the theory. The sad thing is they don't recognize what it takes to succeed in this business and who they are trading against. Sorry for missing your post for so long.
can you post your chart for gu ?

I want to see the levels for this news event.

The count can be in either way.

Not to make you responsible

It can incude range extension as it happens
Intraday only.
  • #801,548
  • Jan 10, 2024 7:20am Jan 10, 2024 7:20am
Quoting _BBKing_
Looks like rising. I short 2728. tight sl small one atm will increase accordingly or cut if more up.
missed my SL by a fraction of a pip.

I enlarge it HALF a pip, just to have bit more room.
90% of traders use TA, indicators and prediction
  • #801,549
  • Jan 10, 2024 7:57am Jan 10, 2024 7:57am
even OIL looks like rising.
but that one... probably IS rising.

will wait data release later today and see if breakes actual uptrend setup (fast timeframes I mean)

Cable not sure about.
To get lower would be better having price back below 2720 and 2700 even better.
Atm 2700-2750 looks like balanced area so must be cautious: can go either UP or DOWN some 200pips easily from here.
I'm in with a short still holding. But not stubbornly for that.
90% of traders use TA, indicators and prediction
  • #801,550
  • Jan 10, 2024 8:11am Jan 10, 2024 8:11am
ok SL in place, lets get rreeaaaddyy tooo rraaaammbbleee
People don't plan to lose. They lose because they don't plan.
  • #801,551
  • Jan 10, 2024 8:19am Jan 10, 2024 8:19am
Quoting ScalaFX
ok SL in place, lets get rreeaaaddyy tooo rraaaammbbleee
"din don down"
let's see if gets the 2700
90% of traders use TA, indicators and prediction
  • #801,552
  • Jan 10, 2024 8:30am Jan 10, 2024 8:30am
Quoting Pat Chiko
{quote} Next coimg up {image} Bank of England's Bailey under Scrutiny in 2024 Policy Speech: ready to react accordingly.
WATCH LIVE:
BoE’s Bailey, Breeden, Wilkins, Hall At Treasury Select Hearing On December Financial Stability Report Approx.
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https://parliamentlive.tv/Event/Inde...b-254692760e54
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #801,553
  • Jan 10, 2024 8:30am Jan 10, 2024 8:30am
dxy start up next hour
  • #801,554
  • Jan 10, 2024 8:31am Jan 10, 2024 8:31am
Quoting Pat Chiko
{quote} WATCH LIVE: BoE’s Bailey, Breeden, Wilkins, Hall At Treasury Select Hearing On December Financial Stability Report Approx. {image} https://parliamentlive.tv/Event/Inde...b-254692760e54
Has it started?
Insane in the Brain..
  • #801,555
  • Jan 10, 2024 8:34am Jan 10, 2024 8:34am
Time to get some popcorn and watch GU do some gymnastics
Insane in the Brain..
  • #801,556
  • Jan 10, 2024 8:36am Jan 10, 2024 8:36am
  •  Oylux
  • | Joined Nov 2023 | Status: Natures Best. Nig 🇳🇬 | 66 Posts
Quoting BeeTogether
Time to get some popcorn and watch GU do some gymnastics
lol the chart is static. I wonder why A whole Bailey
  • #801,557
  • Jan 10, 2024 8:38am Jan 10, 2024 8:38am
Quoting BeeTogether
{quote} Has it started?
They had starter, yet to reach to the main dish........

Starter menu
The UK hasn't seen a jump in unemployment
UK household incomes have risen in recent months
These factors mitigate impact of higher rates
The events in the Middle East haven't yet had a big economic impact, watching closely

We wait for main dish...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #801,558
  • Jan 10, 2024 8:40am Jan 10, 2024 8:40am
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yes yes yes
  • #801,559
  • Jan 10, 2024 8:50am Jan 10, 2024 8:50am
Quoting Pat Chiko
{quote} They had starter, yet to reach to the main dish........ Starter menu The UK hasn't seen a jump in unemployment UK household incomes have risen in recent months These factors mitigate impact of higher rates The events in the Middle East haven't yet had a big economic impact, watching closely We wait for main dish...
wonder what would be the main dish... care to explain?
  • #801,560
  • Jan 10, 2024 8:55am Jan 10, 2024 8:55am
I updated SL @BE.
makes no sense to hold my short if goes up from here will almost certainly go higher than my entry.

If you see price printing ask 1.28 then turning down 200 pips you already have the reason why I disappear:
I will be destroing my computer.

LOL
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