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Cable Update (GBPUSD)

  • #844,801
  • Nov 7, 2024 2:07pm Nov 7, 2024 2:07pm
Quoting trumps
{quote} 2950 acting as support to go higher?
seems to be pointing off it. Not sure what the comments are but as long as Powell doesn’t hint at a December cut this should drop
Insane in the Brain..
  • #844,802
  • Nov 7, 2024 2:23pm Nov 7, 2024 2:23pm
I will sell GU until 1.27300 based on my FIBO..
Let see you there
  • #844,803
  • Nov 7, 2024 5:01pm Nov 7, 2024 5:01pm
Quoting Godspromise
Listening some wise words from one of the best to ever live couldn't have said it better I had to screenshot it learning everyday let go of ego if you want to be great at trading and that part about gurus or furus instagram and youtube this statement sums it up perfectly THOSE WHO CAN DO THOSE WHO CANT TEACH took my 40 pips from the market took two hours @konichiwa im going to do a thirty trade challenge again one trade in the morning one in the evening ill send you a screenshot of my excel you help to get into journaling...
Well done. Keep going. Just keep your mind strong when the losers come in a row. This is the true test and when most people's minds crack and they over/revenge trade. Systems are easy to follow, it will be your mind that you have to calm in those time.

PS, I'm not on this thread much at the moment, so sorry if I miss a comment and don't reply. It's not personal
Emotional Control. Process, not outcome.
  • #844,804
  • Edited 10:46pm Nov 7, 2024 5:02pm | Edited 10:46pm
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Looking to buy and hold at pullback. Probably around 1.2940/47.

If Support failed to hold @ 1.2940/47, look for buy at lower zone up to current low. Use Fibb.

Risk management is essential.
Market Structure is the King.....
  • #844,805
  • Nov 7, 2024 5:12pm Nov 7, 2024 5:12pm
Quoting BeeTogether
{quote} seems to be pointing off it. Not sure what the comments are but as long as Powell doesn’t hint at a December cut this should drop
I’m seeing a Shake n bake above 1.30 before it drops to a new low, just to rock the forex boat.
Cable likes to do that.
Compulsions can be hard to resist
  • #844,806
  • Nov 7, 2024 5:17pm Nov 7, 2024 5:17pm
Quoting trumps
Pound could jump to retest some levels and touch up a few weak bears in the process, before making a new low for this quarter. 3060 region could get reached also. {image}
watch the bounces off the zones.
Compulsions can be hard to resist
  • #844,807
  • Nov 7, 2024 5:53pm Nov 7, 2024 5:53pm
FOMC no fireworks at all… I think the range was no more than 50 pips from announcement to meetigang.. damn
Insane in the Brain..
  • #844,808
  • Nov 7, 2024 7:28pm Nov 7, 2024 7:28pm
Quoting Konichiwhaat
{quote} Well done. Keep going. Just keep your mind strong when the losers come in a row. This is the true test and when most people's minds crack and they over/revenge trade. Systems are easy to follow, it will be your mind that you have to calm in those time. PS, I'm not on this thread much at the moment, so sorry if I miss a comment and don't reply. It's not personal
no problem bro ill be here but will lock into trading so i wont be posting much until the thirty trades are done
  • #844,809
  • Nov 7, 2024 10:10pm Nov 7, 2024 10:10pm
going after 1.2947 where it will squawk, walk , and talk...if that breaks then it wil be in the lower range and 1.2833 is game
  • #844,810
  • Nov 7, 2024 10:14pm Nov 7, 2024 10:14pm
gbpusd is into the benchmark bar i noted on the chart. If it gets abit further into that bar...the bottom of that bar is game.
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  • #844,811
  • Nov 7, 2024 10:40pm Nov 7, 2024 10:40pm
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yes yes yes
  • #844,812
  • Edited Nov 8, 2024 12:59am Nov 7, 2024 11:03pm | Edited Nov 8, 2024 12:59am
Checking pa , eurusd and gbpusd may bounce to back while usdx may little bounce to back bounce . So gbp may retest 2948 before bounce towards 2990 before finally tanking. Top already failed but may take time to effect,! Last try bounce for now Let's see
Similar gbpusd did pullback to bull back at 2900 , usdx May do at 103.80 days end and may not real bull weekend ! So possible daily range below 2948 to , 2990+ to below 2948 lows and hold to 2900 , 100 +- pips range !

open computer , usually not open at home and nothing properly working. anyway it can be bull day today for 3032 move up.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #844,813
  • Nov 7, 2024 11:07pm Nov 7, 2024 11:07pm
Come on mister goldi
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yes yes yes
  • #844,814
  • Nov 7, 2024 11:13pm Nov 7, 2024 11:13pm
Quoting Abeylyn
{image} Looking to buy and hold at pullback. Probably around 1.2940/47. If Support failed to hold @ 1.2940/47, look for buy at lower zone up to current low. Use Fibb. Risk management is essential.
When can I buy your courses?
How to succeed in zero sum game?
  • #844,815
  • Nov 7, 2024 11:39pm Nov 7, 2024 11:39pm
Quoting dempire1
{quote} When can I buy your courses?
its shakin and bakin!!!
  • #844,816
  • Nov 7, 2024 11:40pm Nov 7, 2024 11:40pm
Quoting fahadzaman66
{quote} what is your expectations about that? will GU go Up ?

Fahadzaman it was late here on the east coast of Australia and I was tired from working all day and didn't see your post.
Missed that glorious 100 pip pump as well but I did make a real good clip the day before celebrating Trumps magnificent win.....
Don't Leave Money on the Table
  • #844,817
  • Edited 12:38am Nov 8, 2024 12:24am | Edited 12:38am
Quoting dempire1
{quote} When can I buy your courses?
My friend,

I don't run a course or have any published documents and no intention to ever do such. Most time, I give explanation as regards reasons for certain decisions which is always subjected to strong criticism.

This chart is conveying a message that we are already in a range where anything can happen but my long term bias is to Buy. Range up and Range down coloured in yellow.

The chart sent is a Broadview of where market may likely go in the long run not short term.

It may still be possible to have an up run today that will be resisted at 1.3024/49. Pullback will be required using Fibb uptill current low then buyers will come in...

This requires patient.

Above all, risk management is key.
Market Structure is the King.....
  • #844,818
  • Nov 8, 2024 12:48am Nov 8, 2024 12:48am
Come on mister goldi
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yes yes yes
  • #844,819
  • Nov 8, 2024 1:24am Nov 8, 2024 1:24am
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yes yes yes
  • #844,820
  • Nov 8, 2024 1:32am Nov 8, 2024 1:32am
Quoting Moty
{image}
Damn, this guys bought, it will going opposite, please sell it so it can go up
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