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Cable Update (GBPUSD)

  • #806,581
  • Feb 1, 2024 3:42am Feb 1, 2024 3:42am
It’s hard not to be in a trade.. itching fingers lol. But there is nothing to indicate buying or selling right now. Bulls a hawkish BoE to get back over 12750 anything dovish should take us below 126 towards December 13th when we touched 1249x before FOMC
Insane in the Brain..
  • #806,582
  • Feb 1, 2024 3:49am Feb 1, 2024 3:49am
Quoting azhantahir
GBPUSD Missing OB vs Filled OB. IMO {image}

Reject Block vs Order Block
Filled OB vs Break OB

In progress..
Attached Image (click to enlarge)
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Look right, we'll see the signs
  • #806,583
  • Feb 1, 2024 3:50am Feb 1, 2024 3:50am
...just brushing the cobwebs off the fib retraces per graphic below, in case of downside re Boe/Mpc later. 'dly' just denotes what t/f I have them plotted on.
2548-38 there is a 4 fib cluster.

Fibs below
Attached Image
Trader with an Edge.
  • #806,584
  • Feb 1, 2024 3:53am Feb 1, 2024 3:53am
Quoting JameRomeo168
{quote} It is is because he does not show overall report but today report. This is why you saw only 100$. If he showed overall report, it might be 200$ like Bee Together has said early.
Except that he earned the profit over 4 days so possibly a weekly activity recap.
  • #806,585
  • Feb 1, 2024 3:58am Feb 1, 2024 3:58am
I believe traders are thinking there will be no rate increase but rates left unchanged, can't see a rate cut at the moment with inflation still running high.
It'll be in the minutes that traders will look for direction
Attached Image (click to enlarge)
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Don't Leave Money on the Table
  • #806,586
  • Feb 1, 2024 4:00am Feb 1, 2024 4:00am
Quoting BeeTogether
It’s hard not to be in a trade.. itching fingers lol. But there is nothing to indicate buying or selling right now. Bulls a hawkish BoE to get back over 12750 anything dovish should take us below 126 towards December 13th when we touched 1249x before FOMC
wait for nyopen opportunities will be there
Extreme gut feeling trader
  • #806,587
  • Feb 1, 2024 4:02am Feb 1, 2024 4:02am
Quoting montygoldy
{quote} wait for nyopen opportunities will be there

'Nyopen' a drug specifically developed for use by traders to enhance performance
Don't Leave Money on the Table
  • #806,588
  • Feb 1, 2024 4:10am Feb 1, 2024 4:10am
Quoting montygoldy
{quote} wait for nyopen opportunities will be there
You are right. There are only 2hours left until BOE rates. We can’t risk our money with this uncertain condition when the odds are 50/50 to us. Now market is playing around H4 major trendline. Breakout or reversal is nowhere to be known yet. The opportunities must be somewhere after BOE Rates or at NYO.
With courage, patience, and discipline, success is a matter of time.
  • #806,589
  • Feb 1, 2024 4:10am Feb 1, 2024 4:10am
If price does not take out 2640 this morning, I'll increase my TP to below 2580 and lower.
  • #806,590
  • Feb 1, 2024 4:13am Feb 1, 2024 4:13am
Gonna try agold buy around 2035-37
Extreme gut feeling trader
  • #806,591
  • Feb 1, 2024 4:18am Feb 1, 2024 4:18am
Well i can see most of traders here are shorting, for me its a buying opportunity, im long 1.2654 targeting 1.2720
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  • #806,592
  • Feb 1, 2024 4:21am Feb 1, 2024 4:21am
Quoting fxmasterdxb
Well i can see most of traders here are shorting, for me its a buying opportunity, im long 1.2654 targeting 1.2720 {image}
you could be right dxy showing signs of reversal.. but red news hell na… not gonna risk
Attached Image (click to enlarge)
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Extreme gut feeling trader
  • #806,593
  • Feb 1, 2024 4:26am Feb 1, 2024 4:26am
Quoting OperaniyiFx
Short GU 1.2675 TP 40pips SL Open
trade closed to 30pips profits
  • #806,594
  • Feb 1, 2024 4:28am Feb 1, 2024 4:28am
Need BRN below 1.263600 before buying
Look right, we'll see the signs
  • #806,595
  • Feb 1, 2024 4:29am Feb 1, 2024 4:29am
Breaking 2650, confirmation ext 2639 breaks and hold while 2633 may support for some time before tRget2600 and 2582 may next day. TaKe care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #806,596
  • Feb 1, 2024 4:32am Feb 1, 2024 4:32am
Quoting Mitiblotch
If price does not take out 2640 this morning, I'll increase my TP to below 2580 and lower.
1.2610 to 1.2595 My buy area for today.
My buy limits order are waiting there.
Intraday Trading is an Art _ hoda
  • #806,597
  • Feb 1, 2024 4:39am Feb 1, 2024 4:39am
Quoting montygoldy
Gonna try agold buy around 2035-37
trying a buy scalp here for gold tp 2037 or more
Extreme gut feeling trader
  • #806,598
  • Feb 1, 2024 4:45am Feb 1, 2024 4:45am
Quoting TraderFX.Id
Closed All GBPUSD at 2644 Selling Gold For 2032
closed all gols 2034
dont teach me how to buy. im sellers!!
  • #806,599
  • Edited 5:01am Feb 1, 2024 4:45am | Edited 5:01am
Quoting Yngwie
ok long 1.2646
add 1.2634 SL 1.2630
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #806,600
  • Feb 1, 2024 4:46am Feb 1, 2024 4:46am
Quoting Mitiblotch
If price does not take out 2640 this morning, I'll increase my TP to below 2580 and lower.
All my GU shorts closed here at 2637. Going for a lunch party in my alma mater where I bagged my Msc. Enjoy the ride guys, but I'll surely keep checking price in-between meals. Hehehe
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