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Cable Update (GBPUSD)

  • #805,081
  • Jan 25, 2024 7:24am Jan 25, 2024 7:24am
US GDP release worth at least 40 pips move keep it in mind
chaos is just unknown order
  • #805,082
  • Jan 25, 2024 7:26am Jan 25, 2024 7:26am
Will be interesting to see which way it goes
  • #805,083
  • Jan 25, 2024 7:29am Jan 25, 2024 7:29am
Let’s see what USD news has for us or down
  • #805,084
  • Jan 25, 2024 7:29am Jan 25, 2024 7:29am
Quoting Moty
{image}
GOod boy
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yes yes yes
  • #805,085
  • Jan 25, 2024 7:31am Jan 25, 2024 7:31am
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yes yes yes
  • #805,086
  • Jan 25, 2024 7:33am Jan 25, 2024 7:33am
Talk about bad luck
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  • #805,087
  • Jan 25, 2024 7:33am Jan 25, 2024 7:33am
Wow data so mixed spike down and then up

PA still messy
Insane in the Brain..
  • #805,088
  • Jan 25, 2024 7:38am Jan 25, 2024 7:38am
fucked by 1pip and a half

LOL
90% of traders use TA, indicators and prediction
  • #805,089
  • Jan 25, 2024 7:41am Jan 25, 2024 7:41am
...better than the forecast on the headline U.s GDP #. Down then up, (you had to buy close of that first 1min candle lol!) Down to 61.8% of y/day's 2649-2775 rise in a prev 30min sw lo zone = prev supp = pot supp, is where it bounced up from after the initial knee-jerk react down.

1hr then 1min below
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Trader with an Edge.
  • #805,090
  • Jan 25, 2024 7:42am Jan 25, 2024 7:42am
Would like it to reach 1.275 or higher now
  • #805,091
  • Jan 25, 2024 7:43am Jan 25, 2024 7:43am
Quoting MarcoJnr
Would like it to reach 1.275 or higher now
might just do it. The data was so mixed the bounce up makes it possible
Insane in the Brain..
  • #805,092
  • Jan 25, 2024 7:45am Jan 25, 2024 7:45am
Quoting MarcoJnr
Would like it to reach 1.275 or higher now
according to my keltner channels 1.2764 is now reachable
chaos is just unknown order
  • #805,093
  • Jan 25, 2024 7:46am Jan 25, 2024 7:46am
needs to break 1.274 and should have a good run up
  • #805,094
  • Jan 25, 2024 7:50am Jan 25, 2024 7:50am
Quoting BeeTogether
Wow data so mixed spike down and then up PA still messy
Pal, you are an optimist! Inflation is still above 2%, the economy is in the toilet, more people unemployed and no reason for the FED to cut rates. If the data means anything it suggests delays to rate cuts which should mean no change which is pretty much what happened after a liquidity grab / rebalancing by the market.
  • #805,095
  • Jan 25, 2024 7:55am Jan 25, 2024 7:55am
Missed everything just woke up … atleast us30 comes to rescue….targetting anything above 38000
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Extreme gut feeling trader
  • #805,096
  • Jan 25, 2024 7:58am Jan 25, 2024 7:58am
Quoting dantpm
{quote} Pal, you are an optimist! Inflation is still above 2%, the economy is in the toilet, more people unemployed and no reason for the FED to cut rates. If the data means anything it suggests delays to rate cuts which should mean no change which is pretty much what happened after a liquidity grab / rebalancing by the market.
im always glass half full and agree with you on the above. The liquidity grab was very quick, for me the main dataset indicates no rate cut yet. Which should have bought the pair down by a decent amount maybe to support levels 12650 at least.
Insane in the Brain..
  • #805,097
  • Jan 25, 2024 7:59am Jan 25, 2024 7:59am
I just decided to add TP casually at 1.27000 before the news and it got hit!
$17 bagged.
I was so lucky my sell-stop orders weren't filled...more than $17 would have been smoked.
I still anticipate a down move for GU anyway... Goodluck.
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  • #805,098
  • Jan 25, 2024 8:01am Jan 25, 2024 8:01am
Stubborn mf
You shell not pass 1.27400
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yes yes yes
  • #805,099
  • Jan 25, 2024 8:05am Jan 25, 2024 8:05am
Quoting Pat Chiko
{quote} Totally get you, dude. Feeling unsure or hesitant about a trade is totally normal, and even experienced traders feel that way sometimes. It's all about managing risk and protecting your capital. In case you want coin toss tips, you may ask the expert here "Waveskie" Honestly, instead of thinking of it as a gamble, maybe consider it as an exploration. We're testing a hypothesis based on our analysis, and if it doesn't pan out, it's a valuable learning experience. Remember, not every trade needs to be a winner. Even I'm not sure...
Hi Pat,
Thank you for your kindness to every member in this thread; it truly makes a difference. I have learned a lot from your analysis. This is my homework; would you please correct it when you have some free time?
Appreciate it!
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  • #805,100
  • Jan 25, 2024 8:12am Jan 25, 2024 8:12am
gold, daily

all i see is short that refuse to come
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