Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#842,001
Oct 16, 2024 1:37am Oct 16, 2024 1:37am

trumps
Joined Mar 2020 | Status: Trader | 3,499 Posts

Quoting Jackoboms

Disliked

Market will push all the way up to 1.32 next week. Forget all these bear talks. Go and buy GU. I am still holding my longs to 1.314 for 100 pips. Makes more sense to BUY GU NOW. I expect Tuesday next week to have some good moves towards a bullish direction Good luck!

Ignored

Nice drop

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Compulsions can be hard to resist

#842,002
Oct 16, 2024 1:37am Oct 16, 2024 1:37am

Whale
Joined Jun 2013 | Status: Trader | 14,538 Posts

Quoting Abeylyn

Disliked

{quote} Aaaah! Not the right time to Buy. The 4 hr. trend in full recovery mode. Need to be patient.

Ignored

50p SL..

the rest in nonsense

#842,003
Oct 16, 2024 1:42am Oct 16, 2024 1:42am

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting Pat Chiko

Disliked

{quote} GU Economic data, with the U.S. CPI released, and it's time to fcuked both seller and buyer. QM showed us the way. {image}

Ignored

GU

Update Scalping position. STRUCTURE...... Structure...... Structure..

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Quoting Waveskierrob

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{quote} BE now at 1.2700 will be going easy now with adding SHORTS ...

Ignored

Waveskie,

Thanks in advance....
I have to give credit where it's due—your trade calls are nothing short of brilliant.
With foresight is remarkable, like clockwork—sharp, precise, and always ahead of the curve.

I've seen others throw around hindsight calls, but when it comes to matching your 'real-time' accuracy, they fail miserably.
They tried making calls on the 26th of September, and again 11th Oct "Flash in the pan" , both trades ended up right where they belong—in the sewer.

Back to you giving a forecast, UP/DOW/UP/DOW... those kind of accuracy is rare.
Many aspire to have your level of skill, but few can match it.

Quoting Waveskierrob

Disliked

{quote} Thought as much, you can't explain your chart, just lots of pretty lines, by the way I toss a coin which is a lots different to a coin toss...

Ignored

I've installed new indicator called Snake and Ladder...

Pretty snakes and ladder.

I come from the future.

Karen X Mas Bonus 2025 All Time Profit: $15,104

#842,004
Oct 16, 2024 1:53am Oct 16, 2024 1:53am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,013 Posts

Unless we have a break below R3 12970 area I’m expecting a move back over 130 to maybe 13020. If not this morning then by the time we close

Insane in the Brain..

#842,005
Oct 16, 2024 1:55am Oct 16, 2024 1:55am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting BeeTogether

Disliked

Unless we have a break below R3 12970 area I’m expecting a move back over 130 to maybe 13020. If not this morning then by the time we close

Ignored

Will London traders punish the Pound

87 pip drop on news.,..

Don't Leave Money on the Table

#842,006
Oct 16, 2024 1:58am Oct 16, 2024 1:58am

JameRomeo168
| Joined Jul 2021 | Status: Trader | 486 Posts

1.295 is important zone, break this market will drop to 1.282. If hold we might see reversal.

With courage, patience, and discipline, success is a matter of time.

#842,007
Oct 16, 2024 2:02am Oct 16, 2024 2:02am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,013 Posts

Quoting HaLBot

Disliked

{quote} Will London traders punish the Pound 87 pip drop on news.,..

Ignored

it might do, however I think most of the punishment might have been seen. A bit like the earlier US data the impact is then and very rarely an hour later

Insane in the Brain..

#842,008
Oct 16, 2024 2:02am Oct 16, 2024 2:02am

Headland
Joined Apr 2020 | Status: Trader | 8,809 Posts

Quoting HaLBot

Disliked

{quote} Will London traders punish the Pound 87 pip drop on news.,..

Ignored

Hi, lol - I think they are already doing that!
-------------------------------------------------

...So, we have a 1st downside b/o of last mth's 3001 lo. There is some stuff on 1hr and 4hr going down below current dly lo, but other than fibs, the next untested potential supp/rbs zones on dly t/f are the prev sw hi's = pot rbs that begin @ 2888 and more recently (and part of the move up) the prev minor sw hi zone that starts @ 2873.

Re calculated pivots; Dly S3 is @/around 2971, followed by Wkly S2 @/around 2954. No 3+ fib clusters to the downside for quite a distance. The next fib to downside is 2958, - the 61.8% of the 2665-3434 move.

dly below

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Trader with an Edge.

#842,009
Oct 16, 2024 2:03am Oct 16, 2024 2:03am

Abeylyn
Joined Dec 2020 | Status: Trader | 1,673 Posts

Quoting BeeTogether

Disliked

Unless we have a break below R3 12970 area I’m expecting a move back over 130 to maybe 13020. If not this morning then by the time we close

Ignored

Same here on my table. Be looking for a pullback to at least 0.500/618 of yesterday's high to execute a Sell.

Hope the pullback should start with this Red candle to turn green

Market Structure is the King.....

#842,010
Oct 16, 2024 2:09am Oct 16, 2024 2:09am

ScalaFX
Joined May 2021 | Status: Trader | 7,225 Posts

Good I taken profit yesterday, still buying long term 2990 next

People don't plan to lose. They lose because they don't plan.

#842,011
Oct 16, 2024 2:11am Oct 16, 2024 2:11am

Headland
Joined Apr 2020 | Status: Trader | 8,809 Posts

...That's what you call a 1hr candle close lol! - 12mins ago...there will likely be some 'sell the rally' participants in the body of that candle, re any pullback. Plenty of pot sbr. 106% of 30day adr reached @ current dly lo.

1hr below

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Trader with an Edge.

#842,012
Oct 16, 2024 2:13am Oct 16, 2024 2:13am

ScalaFX
Joined May 2021 | Status: Trader | 7,225 Posts

Quoting ScalaFX

Disliked

Good I taken profit yesterday, still buying long term 2990 next

Ignored

EU 0880 buy

People don't plan to lose. They lose because they don't plan.

#842,013
Oct 16, 2024 2:18am Oct 16, 2024 2:18am

meugampong
Joined Nov 2017 | Status: Trader | 1,589 Posts

Quoting meugampong

Disliked

pullback.. (perhaps). https://www.forexfactory.com/thread/...6#post15029526

Ignored

Ugh.. looking in to my chart.. wiped out with SL plus.

#842,014
Oct 16, 2024 2:26am Oct 16, 2024 2:26am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting ScalaFX

Disliked

{quote} EU 0880 buy

Ignored

Yes I'm long on Euro and maybe lift Cable as well

Don't Leave Money on the Table

#842,015
Oct 16, 2024 2:32am Oct 16, 2024 2:32am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

waiting still a part of the short reach target a little lower . 2970!

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#842,016
Oct 16, 2024 2:33am Oct 16, 2024 2:33am

Headland
Joined Apr 2020 | Status: Trader | 8,809 Posts

...the only thing I can identify @ current dly lo is the 176.4% downside ext of y/day's lo-hi move. The longer that little consolidation went on there @ the bottom (visible on 5min and below) the more the bullish regular div grew on those t/f's, with 15min and 30min in v. o/s territory re their osc's. Not the most satisfactory of set-ups though re pot supp/res. I guess it's one of those 'there's always @ least a pullback, after a candle like that,' types lol!?

Trader with an Edge.