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Cable Update (GBPUSD)

  • #841,401
  • Oct 10, 2024 4:05am Oct 10, 2024 4:05am
checking usdx , as we saw grat breakout upsides happened recently , so likely continue further range up for strong resistance next for good reaction down , may not this week , so this weekly like up range ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,402
  • Oct 10, 2024 4:06am Oct 10, 2024 4:06am
Quoting dantpm
{quote} ICT inner circle trader. He has loads of videos on YouTube. All is free. He claims to have 30 plus years of profitable trading experience and a greater understanding of the market. If you google YouTube ICT or Inner Circle Trader Forex, he has a 5 part series that I have watched several times. I suggest this one as a primer to get an understanding of what he is about. OTE or optimal trade entry is the 2nd series I am working on. I am sure I won't do this justice. He talks about Wyckoff, price action, market structure, significant levels...
I agree with you.
  • #841,403
  • Oct 10, 2024 4:20am Oct 10, 2024 4:20am
13070 support and 13100 resistance.. so tight I can’t see any room to break wind
Insane in the Brain..
  • #841,404
  • Oct 10, 2024 4:35am Oct 10, 2024 4:35am
After CPI today, I expect market will have good moves. 100pips at least expected. I must work hard in analysis and must be extraordinary patient for it. I believe one high probability setup will be appeared. Market will not disappoint any traders with great patience.
With courage, patience, and discipline, success is a matter of time.
  • #841,405
  • Oct 10, 2024 4:44am Oct 10, 2024 4:44am
Quoting BeeTogether
13070 support and 13100 resistance.. so tight I can’t see any room to break wind
...and hundreds of millions of orders either side waiting for CPI... it will go bang
Emotional Control. Process, not outcome.
  • #841,406
  • Oct 10, 2024 5:02am Oct 10, 2024 5:02am
Quoting Konichiwhaat
{quote} ...and hundreds of millions of orders either side waiting for CPI... it will go bang
yup it should go bang…. Hopefully a 100 pips worth actually 150 pips worth
Insane in the Brain..
  • #841,407
  • Edited 6:01am Oct 10, 2024 5:02am | Edited 6:01am
Too shaky bounce! At least breaks up 3082 and hold and better test breaks 3089/96 before cpi news if !
Otherwise 3064 - may back in spike news time , too risky to do !
So actually waiting close long over 3082 now or all close to wait half hour after cpi new to restart.
Sudden spike up and happy to close over 3089. So better sleep and will see after news !
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,408
  • Oct 10, 2024 5:10am Oct 10, 2024 5:10am
Quoting BeeTogether
{quote} yup it should go bang…. Hopefully a 100 pips worth actually 150 pips worth
Will be closing all trades regardless just before the data release if TP hasn't been hit before then
Emotional Control. Process, not outcome.
  • #841,409
  • Oct 10, 2024 5:15am Oct 10, 2024 5:15am
GBP is puzzling.

DXY is showing bullish trend.

EURUSD which has 57% USD is also showing bearish trend.

But GBP USD is showing bullish trend at both 4 hour and daily time frames.
  • #841,410
  • Oct 10, 2024 5:16am Oct 10, 2024 5:16am
2 hours for the red news.

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Together we can be strongest
Vantage Return This Month: na
  • #841,411
  • Oct 10, 2024 5:36am Oct 10, 2024 5:36am
Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: na
  • #841,412
  • Oct 10, 2024 5:39am Oct 10, 2024 5:39am
Quoting vinta.reddy
GBP is puzzling. DXY is showing bullish trend. EURUSD which has 57% USD is also showing bearish trend. But GBP USD is showing bullish trend at both 4 hour and daily time frames.
One of them is lying.
  • #841,413
  • Oct 10, 2024 5:41am Oct 10, 2024 5:41am
Quoting Konichiwhaat
{quote} Will be closing all trades regardless just before the data release if TP hasn't been hit before then
...or I may give them a cheeky 10 pip SL totally depends on the pa right down to the wire
Emotional Control. Process, not outcome.
  • #841,414
  • Oct 10, 2024 5:46am Oct 10, 2024 5:46am
Quoting vinta.reddy
GBP is puzzling. DXY is showing bullish trend. EURUSD which has 57% USD is also showing bearish trend. But GBP USD is showing bullish trend at both 4 hour and daily time frames.
Likely though gbpusd follow close both of them but little restless and amplitudes are high here ! So almost always exxagerate on all sides ! Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #841,415
  • Oct 10, 2024 5:50am Oct 10, 2024 5:50am
Quoting Zebi
{quote} bonzey...you're in for a big treat my chicago bears gona play in london sunday...we have a very good quarterback and have high expectations for him be sure to watch the manly game of American football and think of your friend in Chicago
I'm out Sunday unfortunately, if I wasn't out, I'd rather keep an eye on the weekend cable chart.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #841,416
  • Oct 10, 2024 5:59am Oct 10, 2024 5:59am
Cable getting a woody…
Insane in the Brain..
  • #841,417
  • Oct 10, 2024 6:01am Oct 10, 2024 6:01am
Quoting Mitiblotch
I dont know why I feel like this supoort is fake.
Technically speaking that support is fake but unfortunately, the only way is still the Short. Going contrary will take a big risk.

All requires to be patient.
Market Structure is the King.....
  • #841,418
  • Oct 10, 2024 6:01am Oct 10, 2024 6:01am
Quoting Bones
{quote} I'm out Sunday unfortunately, if I wasn't out, I'd rather keep an eye on the weekend cable chart. {image}

don't worry bonzey...there will be other games
short trump and go long the deepstate
  • #841,419
  • Edited 6:22am Oct 10, 2024 6:10am | Edited 6:22am
Quoting HaLBot
{quote} Not arguing with you Zebi they are tough blokes who play American football but I reckon the English guys who play rugby are tougher....It's just a tougher code and no helmuts

the difference is everybody on the football field is throwing themselves at and tackling each other on every play

from what I've seen of rugby they predominately use their arms and wrap them around the ball carrier to slow his progress down so he tosses the ball to a teammate ...in football the goal is to plaster the ball carriers ass into the turf each and every time and if tacklers used their arms as often as in rugby instead of their whole bodies they'd be out of a job very fast
short trump and go long the deepstate
  • #841,420
  • Oct 10, 2024 6:12am Oct 10, 2024 6:12am
Quoting Konichiwhaat
{quote} I'm glad some of you thought it was reasonable, thank you In regards to Zebi, I blocked and ignored him months ago, so luckily I am spared from his unproductive, bias based rambling and terrible trade calls based on nothing than his political views. That must be an exhausting way to view the world and cost him a lot of money in trade losses
Just a heads up, Bones is not a good benchmark for being reasonable...
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