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Cable Update (GBPUSD)

  • #845,281
  • Nov 14, 2024 1:54am Nov 14, 2024 1:54am
Quoting Pat Chiko
{quote} GJ Trying some luck Scalping set up{image}
GJ

Limit get filled.
We are on the game now.

I think there is luck in this trades.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #845,282
  • Nov 14, 2024 1:58am Nov 14, 2024 1:58am
Quoting HaLBot
{quote} Tell me about it, euro needs a sharp kick in the nutz for it's behaviour
Why hasn't the EU gone bust yet, and broken up the union.
The European Commission expects GDP to contract by 8.7% in the Eurozone this year.
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Hope to see EUR broke parity with USD and looks to be heading much lower.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #845,283
  • Nov 14, 2024 2:00am Nov 14, 2024 2:00am
Quoting Pat Chiko
{quote} Why hasn't the EU gone bust yet, and broken up the union. The European Commission expects GDP to contract by 8.7% in the Eurozone this year.{image} Hope to see EUR broke parity with USD and looks to be heading much lower.
The two critical Euro zone economies:
Germany is having a manufacturing recession that's worse than the 2020 COVID shock.
France has services recession that's as bad as during the peak of the Euro zone debt crisis in 2012.

Recession is coming...

Buy DAX
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #845,284
  • Nov 14, 2024 2:01am Nov 14, 2024 2:01am
Bulls have packed their bags and give to hibernate for the autumn season.. Wanker’s
Insane in the Brain..
  • #845,285
  • Edited 3:46am Nov 14, 2024 2:18am | Edited 3:46am
Quoting BeeTogether
Bulls have packed their bags and give to hibernate for the autumn season.. Wanker’s
Looks soo , all are love brothers , when one active others join and enjoy both the riding , no fight compromised in sucking the rest !
Weekly very strong down , this week looks competing close 2640 , low 2600 or low !
2600 can be intermediate support and good one can be 2370 areas
They were monthly levels of interest too , a good bottoming sideways may happen next 2 weeks keeping targets weekly and monthly targets be same.!
So today , 2663 test breaks marginally if !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,286
  • Nov 14, 2024 2:23am Nov 14, 2024 2:23am
When i look @ the weekly, im just confused
since 7 weeks its just bearish, no change for a retrace here

im crying
  • #845,287
  • Nov 14, 2024 2:29am Nov 14, 2024 2:29am
Quoting HaLBot
{quote} How do you gauge buyer/seller exhaustion there Konichi??
Hey Hal, I wish there was a formula. Unfortunately there isn't, sorry. Just years of seeing thing repeat themselves and then considering the probable outcome. For example, at the time of entry, NU was at 5850, AU was sweeping 6500, EU was at 0550, and GU was at 2680, just below 2700. As you (may or may not) Know, I have been working with these round numbers for years in the same way over and over. I hate the word "edge", but eventually you just get a "feel" for what is going on. Hope it helps
Emotional Control. Process, not outcome.
  • #845,288
  • Edited 3:26am Nov 14, 2024 2:37am | Edited 3:26am
Today or next candle should be doji or green on daily,this is sign,trend was vertical down,i think it takes 2-3 days to reverse. Btc the same situation o daily but down should go,it stays out of channel and doji on daily.
Trend up daily five days stayed,only 6 candle went heavy down.Can stay 4-days.
on daily it stays on channel,h4 for a moment 264100
  • #845,289
  • Nov 14, 2024 2:40am Nov 14, 2024 2:40am
COMING SOON.

Maybe another high for US index ( targeting -+107). Continuing on BTC, GOLD, and lots of major currencies. Waiting is painful. Trade safe. IMO
Attached Image (click to enlarge)
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Look right, we'll see the signs
  • #845,290
  • Nov 14, 2024 2:53am Nov 14, 2024 2:53am
Quoting fontu
{quote} Looks soo , all are love brothers , when one active others join and enjoy both the riding , no fight compromised in sucking the rest ! Weekly very strong down , this week looks competing close 2640 , low 2600 or low ! 2600 can be intermediate support and good one can be 2370 areas They were monthly levels of interest too , a good bottoming sideways may happen next 2 weeks keeping targets weekly and monthly targets be same.! So today , 2663 test breaks marginally if ! {image} {image} {image}
it’s a crazy drop of nearly 300 pips since Monday (Sunday night) and it’s not looking back either

important areas I suppose for bulls are 12690 which it’s not cracking after which a 12710 and 12730

12710 seems weak enough from yesterday so could be an easier area to break but 12730 won’t be. It was previous support so can be a decent resistance area

for the bears now that 12670 is breaching the doors to 12590 are opening
Insane in the Brain..
  • #845,291
  • Nov 14, 2024 3:04am Nov 14, 2024 3:04am
Quoting BeeTogether
{quote} it’s a crazy drop of nearly 300 pips since Monday (Sunday night) and it’s not looking back either important areas I suppose for bulls are 12690 which it’s not cracking after which a 12710 and 12730 12710 seems weak enough from yesterday so could be an easier area to break but 12730 won’t be. It was previous support so can be a decent resistance area for the bears now that 12670 is breaching the doors to 12590 are opening
Don't buy. Just sell it into the bottom.

US INDEX/DXY
BTCUSD
XAUUSD/GOLD
GBPUSD
EURUSD
AUDUSD
NZDUSD
USDJPY
USDCHF
USDCAD

Just personal opinion.
Look right, we'll see the signs
  • #845,292
  • Nov 14, 2024 3:08am Nov 14, 2024 3:08am
Quoting azhantahir
{quote} Don't buy. Just sell it into the bottom. US INDEX/DXY BTCUSD XAUUSD/GOLD GBPUSD EURUSD AUDUSD...
Agree however where is the bottom. Historically when you see a drop of around 400 pips in 10 working days there is exhaustion. When that occurs following the current trend becomes a gamble. Maybe we have enough fuel for 126-12550 but that would be a 500 pips without breaking a sweat.
Insane in the Brain..
  • #845,293
  • Edited 3:58am Nov 14, 2024 3:11am | Edited 3:58am
Quoting BeeTogether
{quote} it’s a crazy drop of nearly 300 pips since Monday (Sunday night) and it’s not looking back either important areas I suppose for bulls are 12690 which it’s not cracking after which a 12710 and 12730 12710 seems weak enough from yesterday so could be an easier area to break but 12730 won’t be. It was previous support so can be a decent resistance area for the bears now that 12670 is breaching the doors to 12590 are opening
looks this strong intermediate support also smoothly may break next 2664 for 2614 or 00 play next , so fast
Watching eurusd 0516 next sr just few pips away
Anyway all closed to see in the evening fresh, breaks and hold 2664 should give minimum 15 pips down as fakeout level before go next level down !
May bump 20/ 30 pips still looks eurusd just the most perfect place for correct up , ok nearest support not faraway though ! So overall on supports !
Will look for signal and limit for both !
So should play up and down arounds levels of interest as demand hang ranges 30/ 40 pips ranges 0516 and 2663 !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,294
  • Nov 14, 2024 3:13am Nov 14, 2024 3:13am
Quoting BeeTogether
{quote} Agree however where is the bottom. Historically when you see a drop of around 400 pips in 10 working days there is exhaustion. When that occurs following the current trend becomes a gamble. Maybe we have enough fuel for 126-12550 but that would be a 500 pips without breaking a sweat.

personal target for GBPUSD and EURUSD. Probabilities are there.. Waiting is painful
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Look right, we'll see the signs
  • #845,295
  • Nov 14, 2024 3:20am Nov 14, 2024 3:20am
Quoting azhantahir
COMING SOON. Maybe another high for US index ( targeting -+107). Continuing on BTC, GOLD, and lots of major currencies. Waiting is painful. Trade safe. IMO {image}
DXY. M30 gift bullish impact. Trade safe.

DXY vs BTC vs GOLD vs Currencies
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Look right, we'll see the signs
  • #845,296
  • Nov 14, 2024 3:33am Nov 14, 2024 3:33am
Long 1.2655
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #845,297
  • Nov 14, 2024 3:41am Nov 14, 2024 3:41am
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E. and BP. 5' --- Took my Prfts here , as shown.............FLAT now.


  • #845,298
  • Nov 14, 2024 3:52am Nov 14, 2024 3:52am
Quoting fontu
{quote} Looks soo , all are love brothers , when one active others join and enjoy both the riding , no fight compromised in sucking the rest ! Weekly very strong down , this week looks competing close 2640 , low 2600 or low ! 2600 can be intermediate support and good one can be 2370 areas They were monthly levels of interest too , a good bottoming sideways may happen next 2 weeks keeping targets weekly and monthly targets be same.! So today , 2663 test breaks marginally if ! {image} {image} {image}
Agree 100%. At this point, with the strength of the USD and more strengthening factors coming in, I wouldn't rule out going all the way down to monthly lows but too early to call for me. Data from all the major economies in Europe including the UK is weak too - all disinflationary. The engulfing bearish candle on the month spells loads of pressure on GU.
  • #845,299
  • Nov 14, 2024 3:56am Nov 14, 2024 3:56am
Quoting Pat Chiko
{quote} Why hasn't the EU gone bust yet, and broken up the union. The European Commission expects GDP to contract by 8.7% in the Eurozone this year.{image} Hope to see EUR broke parity with USD and looks to be heading much lower.

The 'woke mind virus' as Elon Musk calls it has fully infected the European continent and Britain and the saying 'Go Woke, Go Broke' is playing out to it's saddest outcome.
All woke policies are destroying once great countries

I call them wokests and interestingly it rhymes with Locusts but a plague of wokests do far more damage to the environment than a plague of locusts ever could
Don't Leave Money on the Table
  • #845,300
  • Nov 14, 2024 4:01am Nov 14, 2024 4:01am
Quoting Pat Chiko
{quote} EU update scalping position If it is going to fill the weekly FVG, then it is a long way down. Eurozone Data in coming, for third-quarter GDP figure expected to confirm a preliminary growth estimate of 0.4% quarter-over-quarter. YoY GDP is forecast to show a modest 0.9% growth for Q3, indicating a lackluster economic performance in the region. Meanwhile, i just scalp a bit tiny only.{image}
EU

Updating scalping position
Approaching 1st pit stop of fib extension.
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The EU is already feeling the heat, realizing it’s only been a week into a four-year term that hasn’t even officially started. (ask Zeb to find out more)
I come from the future.
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