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Cable Update (GBPUSD)

  • #806,861
  • Edited 1:52am Feb 2, 2024 1:40am | Edited 1:52am
I think I will just listen to the market for right now.
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  • #806,862
  • Feb 2, 2024 1:47am Feb 2, 2024 1:47am
cable still boxed, what i see on weekly is a long term sell opportunity on cluster 1.2790 - 1.2830.
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chaos is just unknown order
  • #806,863
  • Feb 2, 2024 1:52am Feb 2, 2024 1:52am
Quoting dantpm
I think I will just listen to the market for right now. {image}
and what’s the market saying?
#Stay blue. /swinger/scalper/
  • #806,864
  • Feb 2, 2024 1:53am Feb 2, 2024 1:53am
Please close as bearish engulfing,
Please
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yes yes yes
  • #806,865
  • Feb 2, 2024 1:54am Feb 2, 2024 1:54am
Quoting Ehminiz
{quote} and what’s the market saying?
Besides the standard 'give me your money', it is challenging to understand right now, so I am listening.
  • #806,866
  • Feb 2, 2024 1:56am Feb 2, 2024 1:56am
Quoting dantpm
{quote} Besides the standard 'give me your money', it is challenging to understand right now, so I am listening.
it s saying to me just to step aside and avoid any trade
chaos is just unknown order
  • #806,867
  • Feb 2, 2024 1:57am Feb 2, 2024 1:57am
Quoting dantpm
{quote} Besides the standard 'give me your money', it is challenging to understand right now, so I am listening.

let me know when you are done listening. So you can tell me what it says.
#Stay blue. /swinger/scalper/
  • #806,868
  • Feb 2, 2024 1:57am Feb 2, 2024 1:57am
Quoting Luxyus
{quote} it s saying to me just to step aside and avoid any trade
hahah.

let me see what LO says. Then I might follow you on this
#Stay blue. /swinger/scalper/
  • #806,869
  • Feb 2, 2024 2:05am Feb 2, 2024 2:05am
London you must take a discount first
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  • #806,870
  • Feb 2, 2024 2:10am Feb 2, 2024 2:10am
Quoting azhantahir
{quote} Updated GBPUSD Missing OB vs Filled OB vs Break OB {image}

Scalps. Target missing OB
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Look right, we'll see the signs
  • #806,871
  • Feb 2, 2024 2:11am Feb 2, 2024 2:11am
Quoting Jolita
London you must take a discount first {image}
PA is really ugly. Not sure what or who pushes and keeps it above 1.2740 but it costs a hell of money to do that. They must be underwater with their big long positions in a huge way (currently positive but they calculate in a different way due to volume lack).

I really wonder how that will play out today. I have quite big short today - gambling a bit with edge on my side. To push also 'GBP/USD up before NFP on that level with that positions they already have is more than gambling ,- except they already know more (datas crap).
  • #806,872
  • Feb 2, 2024 2:14am Feb 2, 2024 2:14am
Quoting Ferna
in long
Thanks God. I'm not alone
Look right, we'll see the signs
  • #806,873
  • Feb 2, 2024 2:16am Feb 2, 2024 2:16am
G/M, quite a day for the bulls y/day - post-Boe/Mpc with a > 30day adr bullish hammer dly candle and an upside follow thru so far today past the Asian hi, as Asian lo is presently current dly lo. All this and the NFP circus later! Price right now is testing bottom of the prev 1hr/4hr/minor dly sw hi zone to 2775 now, = prev res = pot res, this coexistent with the prev 1hr/4hr/dly/minor wkly sw hi zone to 2785. 1hr is in a general uptrend, Intraday is bullish so far.

1hr below
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Trader with an Edge.
  • #806,874
  • Feb 2, 2024 2:17am Feb 2, 2024 2:17am
Better wait for 1.270X
  • #806,875
  • Feb 2, 2024 2:19am Feb 2, 2024 2:19am
TF M15 london false break out? tempted to short but it s still too early
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chaos is just unknown order
  • #806,876
  • Feb 2, 2024 2:19am Feb 2, 2024 2:19am
The bullish continuation is currently targeting the 1.2778 - 1.2780 region before the news. It's at this point we're probably going to see a slight retracement.
  • #806,877
  • Feb 2, 2024 2:21am Feb 2, 2024 2:21am
Quoting Jolita
London you must take a discount first {image}
My guess is a correction b4 news then up again, but its only a guess
  • #806,878
  • Feb 2, 2024 2:21am Feb 2, 2024 2:21am
sold 1.2764, target 1.2728... second sell limit at 1.2787... all stop at 1.2800.
Data + Stat + Risk/Emotions Management
  • #806,879
  • Feb 2, 2024 2:24am Feb 2, 2024 2:24am
Quoting JackintheBox
{quote} PA is really ugly. Not sure what or who pushes and keeps it above 1.2740 but it costs a hell of money to do that. They must be underwater with their big long positions in a huge way (currently positive but they calculate in a different way due to volume lack). I really wonder how that will play out today. I have quite big short today - gambling a bit with edge on my side. To push also 'GBP/USD up before NFP on that level with that positions they already have is more than gambling ,- except they already know more (datas crap).
This all turning into political war.
BRICS have Saudi Arabia on board. Things will get ugly as I can notice dollar is under risk, BRICS aim is to destroy and create new power. Come on dollar be strong.
12830 or 12660 that's the question.
  • #806,880
  • Edited 2:37am Feb 2, 2024 2:25am | Edited 2:37am
...all desc t/lines joining 2828 to something to dly t/f have been breached to the upside. 4hr rangy - bullish inside the famous 2828-2610 range presently. Range top looks vulnerable to an upside break at some point? 2785-2596 (the 1st false downside break of the whole 2828-2610 range) may be considered another 'range within a range' on 4hr.

4hr below (with 10/20/40 ema crosses graphic.)
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