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Cable Update (GBPUSD)

  • #809,641
  • Feb 15, 2024 2:14am Feb 15, 2024 2:14am
If we get a sweep of yesterday's low might try a long. You know with one of those ICT concepts that everyone says doesn't work. Off of the 5-minute chart of course.
  • #809,642
  • Feb 15, 2024 2:14am Feb 15, 2024 2:14am
Quoting BeeTogether
{quote} feels sluggish maybe a 20-30 pip rise if anything
If lucky max can go 1.2590
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #809,643
  • Feb 15, 2024 2:15am Feb 15, 2024 2:15am
Yes yes yes
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Oppy
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yes yes yes
  • #809,644
  • Feb 15, 2024 2:16am Feb 15, 2024 2:16am
closed gbpaud and gbjpy stopout all profits usdjpy open 0.02 lot sell open currently in profits
  • #809,645
  • Feb 15, 2024 2:17am Feb 15, 2024 2:17am
Go goldi
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yes yes yes
  • #809,646
  • Feb 15, 2024 2:21am Feb 15, 2024 2:21am
Quoting Elysion
Bought GJ, holding till NY news.
I also bought right now.

I'll try and stay long for as long as I can (+190). Either the buy continues from here and will reach 2015 high at 195 or it'll drop to 186 and then go above 190.
  • #809,647
  • Feb 15, 2024 2:23am Feb 15, 2024 2:23am
Quoting Yngwie
{quote} If lucky max can go 1.2590
Maybe.. I will look to enter a short at that level. For a bigger drop maybe to 125. Although there is US data later which is expected to be worse than last month
Insane in the Brain..
  • #809,648
  • Feb 15, 2024 2:27am Feb 15, 2024 2:27am
Quoting Moty
Go goldi {image}
you long at double top
dont teach me how to buy. im sellers!!
  • #809,649
  • Feb 15, 2024 2:28am Feb 15, 2024 2:28am
One more sell is possible on GU and that would be a third sell in a row.

1.2515, 1.246.

If not, you have a pretty nice W patterrn on H4 and H1 and then 1.267 could be revisited. First, 1.26 though.
  • #809,650
  • Feb 15, 2024 2:30am Feb 15, 2024 2:30am
Hello there, new here.

Im honestly more concerned about usd news regarding a gbp selloff.
  • #809,652
  • Feb 15, 2024 2:49am Feb 15, 2024 2:49am
Quoting Headland
{quote} Hi, re Uk gdp remember it's only the initial estimate with only circa 50% of the data in. The revision might confirm this or otherwise when it comes. It might well be retail and services that is dragging it down? ------------------------------------------------- ...anymore of this downside for £ and Zebi will be telling us that BOE are selling $'s, and that Japan will intervene again like they did re Truss re Gbpjpy, and that the Fed want their money back etc etc... Lol!
i was pretty sure today release is already a revised one.
too many things to watch lately.
so, if dat is correct, something has to trail it down. If I’m not wrong, recent retail sales and services came out deep green.
also construction.
Either they will be revised, or they will come out backs deep red to confirm this red in gdp.

well, thanks for your reply
let’s see what goes on in next 24hours.
atm, I stay short
90% of traders use TA, indicators and prediction
  • #809,653
  • Feb 15, 2024 2:50am Feb 15, 2024 2:50am
Quoting hamedsna
{quote} I think gbp was under pressure, today's news just couldn't save it.
yes but the point is I’m trying to figure out what is main factor causing a red gdp since lately all data came out green in uk
manufacturing
production
contructions
services
sales

etc
90% of traders use TA, indicators and prediction
  • #809,655
  • Feb 15, 2024 2:53am Feb 15, 2024 2:53am
Hi, buy Gold 1994 will add if slips
People don't plan to lose. They lose because they don't plan.
  • #809,656
  • Feb 15, 2024 3:04am Feb 15, 2024 3:04am
...bulls struggling to gain any real upside traction right now after the bounce up @ the prev 1hr sw lo zone...struggling @ a prev 15min sw lo zone = prev supp = pot sbr right now. Any such recovery is in the shadow of that big 1hr bearish thrust candle.

1hr below
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Trader with an Edge.
  • #809,657
  • Feb 15, 2024 3:04am Feb 15, 2024 3:04am
Damn, I hate London session.
It either goes extremely one sided or range till no end.

Next time I'll focus on indices or gold during London session instead lmao.

I'm selling Nasdaq btw, my system kinda accommodate more to indices than currency.
Many good setups as compared to choppy currency.
Chop chop.
Exhausted
  • #809,658
  • Feb 15, 2024 3:09am Feb 15, 2024 3:09am
Quoting Elysion
Damn, I hate London session. It either goes extremely one sided or range till no end.
it’s usually the 7am - 930am (uk time) where any movement takes place the rest of the session is usually boring as fuck.
Insane in the Brain..
  • #809,660
  • Feb 15, 2024 3:15am Feb 15, 2024 3:15am
Quoting BeeTogether
{quote} it’s usually the 7am - 930am (uk time) where any movement takes place the rest of the session is usually boring as fuck.
Lol, yeh, and the 30day adr is down to 84pips, this from a longer-term average of 130ish pips. It can be dull!
-------------------------------------

... Intaday bearish to neutral right now. 1hr and 4hr in general downtrends? Some consolidation on 1hr right now,? 2535 (y/day lo) -2573 (Asian/current dly hi)
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