Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#844,961
Edited 3:31pm Nov 10, 2024 2:56pm | Edited 3:31pm

Jade Gate
Joined Oct 2008 | Status: Trader | 1,511 Posts

What a roller coaster week for all the majors last week. Let's see if things calm down this week. Expecting north traffic on the majors inc cable, keeps bouncing off that red 200 sma weekly chart (except maybe EURUSD given Germany's domestic politics atm but pressure on the Euro will be good for cable and other majors, e.g. AUD and NZD hopefully, could be wrong of course

)

Gap on DXY and flirting with the 61.8 fib again

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#844,962
Nov 10, 2024 4:13pm Nov 10, 2024 4:13pm

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

Quoting KeenPips

Disliked

On Wednesday, GBPUSD price action on the daily time frame saw a brief breakdown of the rising channel (blue) within which it has been confined for several weeks. However, there was a northward pullback on Thursday, and the bearish price action on Friday failed to significantly break down the channel. Nevertheless, the dominant technical structure is bearish. In this context, we may see a technical retest of the 1.26000 handle. I may be wrong. Trade safe and prosper. KP {image}

Ignored

why???

#844,963
Nov 10, 2024 4:26pm Nov 10, 2024 4:26pm

genadi
Joined Nov 2020 | Status: Trader | 2,471 Posts

Quoting Pat Chiko

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{quote} Since i'm from the future, i've answered you question in previous post already. Examine the chart—it's a clean slate, devoid of any squiggly lines that could obscure your trading judgment. {quote}

Ignored

Sorry for ambiguous question. What i wanted to ask was a bit different.

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#844,964
Nov 10, 2024 8:17pm Nov 10, 2024 8:17pm

suhas316
Joined Aug 2014 | Status: Trader | 829 Posts

GBP USD bearish for me
1H chart sell zones for me

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!! Radha Radha !!

#844,965
Nov 10, 2024 9:58pm Nov 10, 2024 9:58pm

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

Quoting Zebi

Disliked

{quote} {quote} I didn't close and held to my long since 4H candle closed above the precious midpoint and I'm only 15 pips underwater plus I didn't get a sell signal on daily so will add to longs monday I see a return to 3100 and possibly back to sept highs

Ignored

Caution at 3000/3040.

Trust you are always up to the task.

Have a nice pipping week dear bro.

Market Structure is the King.....

#844,966
Nov 10, 2024 11:24pm Nov 10, 2024 11:24pm

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

Quoting Tictak

Disliked

{quote} If you Vasek undress you will turn out to be a rotten Russian I am sure in it on hundred percent.And you know why ))) on your sketches one character of Putin is missing.Голимый Иван дурак в сказках описанный уже как 2000 лет тому. torkit.

Ignored

Hey Tictak, They are stills from an A.I created video clip and there was no image of Putin crying plus I can only put so many stills in there LOL. Video is 27MBs and forexfactory won't allow me to upload it.
For a year we have had to put up with Zebi banging on about the democrats even though this is a forex chatroom. For some strange reason he doesn't get it, so I push back. I work on outcomes and if Trump does good by Americans then he gets my support, if he doesn't then I don't support him.

I'm no fan of Putins and hope this war ends very soon. My definition of war is 'Old men sending young men to their deaths'

Don't Leave Money on the Table

#844,967
Edited Nov 11, 2024 2:40am Nov 10, 2024 11:56pm | Edited Nov 11, 2024 2:40am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts

Checking pa , daily should burst today if NR4 , likely previous bottoms ! To see if can bounce any more ! Usdx similar may bounce top for good resistance and bull target next !
checking h1 tf , still further bounce not promising , yet waiting see before the jump! take care

in m5 tf , breaks up 2920 and next breaks earliest signal 2012/0 may wait for next signal/ early conformation 2900 for previous low !
ok , below 2906 or 00 to set 2 pips be !

eurusd breaking previous low , after breaks it, gbpusd test previous may be expected . all lows may react and be final confirmation for bear continuation. by this time gbpusd test low 2878, eurusd may test 0665. anyway as be set and forget already , now only to watch . do or die without loss today. next 1st target can be 2847!

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

#844,968
Nov 11, 2024 12:40am Nov 11, 2024 12:40am

Waveskierrob
Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts

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.....many pippers to one and all

#844,969
Nov 11, 2024 12:57am Nov 11, 2024 12:57am

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

Partial US holiday today, stocks trading as normal but no treasuries trading....

https://www.forexlive.com/news/remin...oday-20241111/

Don't Leave Money on the Table

#844,970
Nov 11, 2024 2:09am Nov 11, 2024 2:09am

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

Long Euro 1.0687 and Cable 1.2896.......

Don't Leave Money on the Table

#844,971
Nov 11, 2024 2:26am Nov 11, 2024 2:26am

mallee
Joined Jun 2013 | Status: Trader | 1,732 Posts

Quoting Zebi

Disliked

{quote} Kimmel reminded viewers of what Trump used to say about Musk before the Tesla CEO gave him $100m. In June 2022, he posted on Truth Social about meeting with Musk, bragging: “I could have said, ‘drop to your knees and beg’ and he would have done it … ” “And you know what he means by beg, right?” Kimmel laughed. “I’m sure you guys will be great together now that you’re friends. I’m sure his little hand will fit nicely in your sockhole.” https://youtu.be/WQuVvoR8Vig?t=313

Ignored

Ah, Zebi, I can just picture you , lying back in a warm bath, dressed in a toga, razor in one hand, glass of wine in the other. So sad to see that cretin Kimmel in tears. Cheers mate, life goes on.

#844,972
Nov 11, 2024 2:29am Nov 11, 2024 2:29am

genadi
Joined Nov 2020 | Status: Trader | 2,471 Posts

Quoting Waveskierrob

Disliked

{image} .....many pippers to one and all

Ignored

Another day in paradise?

#844,973
Nov 11, 2024 2:47am Nov 11, 2024 2:47am

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

Quoting HaLBot

Disliked

Long Euro 1.0687 and Cable 1.2896.......

Ignored

Well a little bit scary and price looked like it was going to plummet but held the line and made some

Don't Leave Money on the Table

#844,974
Nov 11, 2024 2:51am Nov 11, 2024 2:51am

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

Quoting mallee

Disliked

{quote} Ah, Zebi, I can just picture you , lying back in a warm bath, dressed in a toga, razor in one hand, glass of wine in the other. So sad to see that cretin Kimmel in tears. Cheers mate, life goes on.

Ignored

Jimmy Kimmel aint all that bad, he did have an awesome English band on, 'The Cult' with their signature song

Gotta say one of my all time favorite tracks.....fricking awesome

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Don't Leave Money on the Table

#844,975
Nov 11, 2024 3:03am Nov 11, 2024 3:03am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

dx is about to drop

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yes yes yes

#844,976
Nov 11, 2024 3:07am Nov 11, 2024 3:07am

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

Quoting Moty

Disliked

dx is about to drop {image} {image}

Ignored

Interesting, be nice if dollar pairs pumped 100 pips

Don't Leave Money on the Table

#844,977
Nov 11, 2024 3:18am Nov 11, 2024 3:18am

Jade Gate
Joined Oct 2008 | Status: Trader | 1,511 Posts

Quoting HaLBot

Disliked

{quote} Gotta say one of my all time favorite tracks.....fricking awesome https://www.youtube.com/watch?v=kaC6zb2uSOQ

Ignored

Can't get this one out of my head lately (it repeats multiple times), reminds me of market for some reason

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#844,978
Nov 11, 2024 3:22am Nov 11, 2024 3:22am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,051 Posts

Morning all. No data day today.. so it’s all a bit technical. So far 12890 is supporting. A break below takes us towards the days main support area of 12875 if that is weak then maybe retesting last weeks lows?

Insane in the Brain..