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Cable Update (GBPUSD)

  • #840,261
  • Oct 2, 2024 1:53am Oct 2, 2024 1:53am
Quoting HaLBot
{quote} Can't remember who crunched the numbers but in 7000 years there has been 248 years with no war. Seems to be the default setting of the human race sadly
7000 years reallly.....
Its all just one persons opinion
  • #840,262
  • Oct 2, 2024 1:55am Oct 2, 2024 1:55am
Quoting axecap
{quote} 7000 years reallly.....

Yes really, it was either 7000 years or 6000 years but whatever the number it's terrible that war seems to be the default setting of the Human Race
Don't Leave Money on the Table
  • #840,263
  • Oct 2, 2024 1:57am Oct 2, 2024 1:57am
Quoting Moty
{quote} {image}
switched to short
Attached Image (click to enlarge)
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yes yes yes
  • #840,264
  • Oct 2, 2024 1:57am Oct 2, 2024 1:57am
too early bounce try at 3260 and exaggerated too , where my target was at 3250 , so waiting 3250 , if can hold or breaks this time for new lows ! so far 3311 limit hold , , and as breakout 3311 may even breaks for 3325 ok though ! so 3300 and 3325 possible next with exaggerated bounce or standard bounce action !
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,265
  • Oct 2, 2024 1:58am Oct 2, 2024 1:58am
Quoting fontu
too early bounce try at 3260 and exaggerated too , where my target was at 3250 , so waiting 3250 , if can hold or breaks this time for new lows ! watching ! take care {image} {image}
I’m with you here 3250-30 and boom up to 133 then 134
Insane in the Brain..
  • #840,267
  • Oct 2, 2024 2:07am Oct 2, 2024 2:07am
With most expecting a short-term pullback in GBP/USD, how should one approach it if the trend turns into a sustained downward move?
  • #840,268
  • Oct 2, 2024 2:13am Oct 2, 2024 2:13am
Quoting Amin1422
With most expecting a short-term pullback in GBP/USD, how should one approach it if the trend turns into a sustained downward move?
Then you sell
Emotional Control. Process, not outcome.
  • #840,269
  • Edited 3:37am Oct 2, 2024 2:14am | Edited 3:37am
Quoting BeeTogether
{quote} I’m with you here 3250-30 and boom up to 133 then 134
and it goes against at an earliest , breakout to test high before may new lows . watching
now test 3300 one best level react ! signal 3286 , confirm 3284 / best 3277 breaks and hold if ! atleast entering the channel back at 3296!~


signal tested , marginally breaks , checking other signal and confirmation too . specially first confirmation 3277 to play bottom or more down this time possible 3190 as 2nd confirmation next may 3259 when 3250 may not hold back if before 3190 or so ! take care

may only one short to see for target . , no scalping as more watching , more neck pain and once breaks and hold 3277 , sl bring just over previous high be set !
it bouncing little exaggerated , even at 3284 ! may more down it fall as thought!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM1.png Size: 14 KB
Click to Enlarge Name: GBPUSDM5.png Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,270
  • Oct 2, 2024 2:14am Oct 2, 2024 2:14am
Quoting Konichiwhaat
{quote} I believe it is too soon, but I will try to add a short here
Yup, as expected, too soon
Emotional Control. Process, not outcome.
  • #840,273
  • Oct 2, 2024 2:17am Oct 2, 2024 2:17am
Attached Image (click to enlarge)
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yes yes yes
  • #840,274
  • Oct 2, 2024 2:20am Oct 2, 2024 2:20am
Quoting HaLBot
Hidden

thanks for your quick reply...i forgot fascist japan in my previous post
short trump and go long the deepstate
  • #840,275
  • Oct 2, 2024 2:22am Oct 2, 2024 2:22am
G/M, > 30day adr dly bearish candle y/day with a lower wick. resulting now in a false 1st downside b/o of last week's 3248 lo. Today so far upside pullback of that down-move continued in early London and false 1st upside b/o of the Asian hi. Asian lo is presently current dly hi. 4hr bearish, 1hr in a general downtrend, Intraday bullish so far.

Will we get some downside follow-thru on y/day's bearish dly candle?

1hr below
Attached Image (click to enlarge)
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Trader with an Edge.
  • #840,276
  • Oct 2, 2024 2:25am Oct 2, 2024 2:25am
Sold 1.3298 SL 1.3318 TP 1.3248
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #840,278
  • Edited 3:11am Oct 2, 2024 2:33am | Edited 3:11am
...so that wide prev 4hr sw hi zone = pot rbs did indeed hold more demand/rbs @ y/day's lo just above the 1st attempt on it as rbs. It has certainly been a difficult rbs zone for the bears to break thru, from above it, with multiple tests of it now.

Downside fibs below, then 4hr, (with 10/20/40 ema crosses graphic,)
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Trader with an Edge.
  • #840,279
  • Edited 2:54am Oct 2, 2024 2:35am | Edited 2:54am
i hate to be an i told you so but I did say dont fook with the dollar when its at the lows last week LOL

if we get a weekly close over 101.11 on DXY by Friday we'll prolly see 104...lots of pent up demand from 2 weeks of inside daily candles at support
Attached Image (click to enlarge)
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short trump and go long the deepstate
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