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Cable Update (GBPUSD)

  • #843,561
  • Oct 29, 2024 6:11pm Oct 29, 2024 6:11pm
The itch that wasn't scratched, so close, the March high of 2900 does not get a green tick (yet) and will remain a blue question mark for now. So sitting back at the 3000 September low, this could become resistance. But this daily candle will close in less than one hour, and it is looking very bullish, with a near perfect bounce off the daily trend line. So for now, longs are on the cards... for now. But risky with heavy daily resistance
Attached Image (click to enlarge)
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Emotional Control. Process, not outcome.
  • #843,562
  • Oct 29, 2024 6:25pm Oct 29, 2024 6:25pm
Quoting jjoohhnnyy13
{quote} Hello Navk, a longer period I follow your opinions and I am literally impressed "sometimes" of your predictions. I have 17 years experience on fin.market. Yes I can guess your way how to predict moves. Just I would like to be sure. How you can be so confident, or what is your way how to predict that GU no long before NY open?
this guy is obnoxious and he was sucking it like a hamster drinks water
be a thinker before being a reacter
  • #843,563
  • Oct 29, 2024 7:06pm Oct 29, 2024 7:06pm
it is in an area where it may react however no guarantees
  • #843,564
  • Oct 29, 2024 7:35pm Oct 29, 2024 7:35pm
Looks like a good area to sell here
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  • #843,565
  • Oct 29, 2024 8:31pm Oct 29, 2024 8:31pm
Quoting Konichiwhaat
The itch that wasn't scratched, so close, the March high of 2900 does not get a green tick (yet) and will remain a blue question mark for now. So sitting back at the 3000 September low, this could become resistance. But this daily candle will close in less than one hour, and it is looking very bullish, with a near perfect bounce off the daily trend line. So for now, longs are on the cards... for now. But risky with heavy daily resistance {image}
Longs triggered at 3020. Let's see Will check back later
Emotional Control. Process, not outcome.
  • #843,566
  • Oct 29, 2024 8:54pm Oct 29, 2024 8:54pm
Trying a sell at 1.3012
  • #843,567
  • Oct 29, 2024 9:42pm Oct 29, 2024 9:42pm
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BP 5' --- My pending to sell again at 1. 30 20 was not executed for a fraction of a pip............

  • #843,568
  • Oct 29, 2024 10:16pm Oct 29, 2024 10:16pm
Quoting fontu
Too rangy but still up corrective and may outburst with impulse up next , may this week ! Initial target same 3030 before last leg down in extension 4 before impulse try possibly . This extension 4 down may overcome if get good flow to for 3030 ++ move. Take care Next support can be 2990 or better 80 News over , so only pa may move withing existing ranges , again test 3000+ to down 2980 today end to next morning! {image} {image}
More or less same pa , no impulse up developed post news yesterday and some how manage stay up over 3000. So corrective range up only doing so far , now limit at 3002: may not hold and so next possible support at 2982 before same 3030 next target and extension 4:down towards 2 940 to further bounce target over 3070/ 3100 possible ! Too rangy ! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #843,569
  • Oct 29, 2024 10:34pm Oct 29, 2024 10:34pm
Quoting fontu
{quote} More or less same pa , no impulse up developed post news yesterday and some how manage stay up over 3000. So corrective range up only doing so far , now limit at 3002: may not hold and so next possible support at 2982 before same 3030 next target and extension 4:down towards 2 940 to further bounce target over 3070/ 3100 possible ! Too rangy ! Take care {image}
I like your charts. We almost trade the same.
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  • #843,570
  • Oct 29, 2024 10:42pm Oct 29, 2024 10:42pm
Quoting boodvah
{quote} this guy is obnoxious and he was sucking it like a hamster drinks water
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Always follow your own shit
  • #843,571
  • Oct 29, 2024 10:52pm Oct 29, 2024 10:52pm
Quoting Konichiwhaat
{quote} Longs triggered at 3020. Let's see Will check back later
SL. Not today
Emotional Control. Process, not outcome.
  • #843,572
  • Oct 29, 2024 10:59pm Oct 29, 2024 10:59pm
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yes yes yes
  • #843,573
  • Edited Oct 30, 2024 1:19am Oct 29, 2024 11:33pm | Edited Oct 30, 2024 1:19am
Quoting Azen
{quote} I like your charts. We almost trade the same. {image}
2980 if not stop then below 2967 to bounce possible alternately if avoid extension 4 move down around 3030.! , let's see where can stop to restart bounce again , at or below 2980 or below 2967 .
Making base in eurusd lately increased range and suspicious bounce if may able to hold next !
So they range up , yet equally down pressure remain intact !

Checking news , lots today and price should reach to medium high say 3030 before US ADP nor farm one after 6 hours! So down before london open or around to up next possible.
If fail to do so , correct now to 0980+- to up post London open to 3030 then price likely fall below 2967 in failure mode and be difficult up further !
So the faster it nay down the faster may up , otherwise chances failure top again !

Daily close compete to hold 3005 or at best 2992 , failure may bottom test possible !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #843,574
  • Oct 29, 2024 11:36pm Oct 29, 2024 11:36pm
after super bullish daily candle
eu will fly today
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yes yes yes
  • #843,575
  • Oct 29, 2024 11:43pm Oct 29, 2024 11:43pm
The pound-dollar pair rose while pushing up the resistance in New York, then reversed course and fell. It is currently supported by a small support. We will wait and see whether it will continue to rise in the long-term direction again.
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  • #843,576
  • Oct 29, 2024 11:50pm Oct 29, 2024 11:50pm
Nothing much but I hope it will fall more especially before 1.3000
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  • #843,577
  • Edited 1:31am Oct 30, 2024 12:36am | Edited 1:31am
Short at : 1.2997
Sl : 1.3013(closed at 1.3008)(-10pip)
Tp : TBD (10pip probably)
------------------
  • #843,578
  • Oct 30, 2024 1:24am Oct 30, 2024 1:24am
Quoting Moty
after super bullish daily candle eu will fly today {image}
Thx for tip
Always follow your own shit
  • #843,579
  • Oct 30, 2024 1:39am Oct 30, 2024 1:39am
Quoting Waveskierrob
Flat market easiest money to be made if you know where to look...
I would post my lot sizes on here but I feel it being so close to halloween "I would scare the living daylights:" out of the noobs on this site and the only reason I post is to help the noobs, I'm so wonderful....
  • #843,580
  • Oct 30, 2024 2:17am Oct 30, 2024 2:17am
I went long because the pound-dollar price bottomed out with a small support, but the top price is also heavy.
I'm looking forward to a long-term rise, but I might run away depending on London.
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