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Cable Update (GBPUSD)

  • #845,381
  • Nov 14, 2024 12:39pm Nov 14, 2024 12:39pm
for 30p from this spot
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yes yes yes
  • #845,382
  • Nov 14, 2024 1:17pm Nov 14, 2024 1:17pm
i risked 1k usd on GU layering for weeks and lost at 1.2750


gold paid back in double



trading is lose small win big and never stop trying it doesn't end on 1 position
MY OPINION NOT FINANCIAL ADVISE
  • #845,383
  • Nov 14, 2024 1:53pm Nov 14, 2024 1:53pm
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yes yes yes
  • #845,384
  • Nov 14, 2024 2:06pm Nov 14, 2024 2:06pm
Come to daddy… now at b/e 126 please
Insane in the Brain..
  • #845,385
  • Nov 14, 2024 2:10pm Nov 14, 2024 2:10pm
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yes yes yes
  • #845,386
  • Nov 14, 2024 2:16pm Nov 14, 2024 2:16pm
Clean. THANKS Powell
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MrNoBody Return Today: na
  • #845,387
  • Nov 14, 2024 2:34pm Nov 14, 2024 2:34pm
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I've been off this thread for a while because I'm doing things other than GU, like buying the UJ, and I'm busy with my offline activities.
However, looking at the chart today, I see that the GU is still down. So I was tempted to Sell it.
Sold, GU:
1.26859, SL/TP open
  • #845,388
  • Nov 14, 2024 2:39pm Nov 14, 2024 2:39pm
Quoting Sandy1994
GBP/USD is expected to further go down by 80 more pips. I would sell GBP/USD and take profit at 1.26423. There's a bearish strong price action candlestick to the previous day and this indicates further downward movement. The momentum is strongly bearish according to the strength of this meter and technical analysis. {image}
Great job!!!
  • #845,389
  • Nov 14, 2024 3:46pm Nov 14, 2024 3:46pm
i feel like a comfy long now.

3rd quarter open (1.26466) seems like good support.
  • #845,390
  • Nov 14, 2024 3:54pm Nov 14, 2024 3:54pm
Attached Image (click to enlarge)
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yes yes yes
  • #845,391
  • Nov 14, 2024 6:59pm Nov 14, 2024 6:59pm
Quoting Konichiwhaat
Exhaustion. On other majors too. Long
Add
Emotional Control. Process, not outcome.
  • #845,392
  • Nov 14, 2024 7:28pm Nov 14, 2024 7:28pm
Quoting elude
{image}Sold, GU: 1.26859, SL/TP open
Set SL @1.26849, even +1; TP 1.26339, 52 PIPs

Ain't gonna watch the markets and my trades. I got a mouthful of assignments
  • #845,393
  • Nov 14, 2024 8:06pm Nov 14, 2024 8:06pm
YEA DXY index is still flying up wouldnt long yet short for 20 pips gbpusd
  • #845,394
  • Nov 14, 2024 8:17pm Nov 14, 2024 8:17pm
Quoting BeeTogether
Bulls have packed their bags and give to hibernate for the autumn season.. Wanker’s
, great to have a laugh thanks to you Bee ! Been too long !

Bears hibernate in the winter, so let's take advantage of that!

Buy stops 1.2718 .2818 .2918 .3018

TP=potential infinite sleeping bear :
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #845,395
  • Nov 14, 2024 8:17pm Nov 14, 2024 8:17pm
1.27 area is the area to watch for reaction between bears and bulls.
  • #845,396
  • Nov 14, 2024 8:17pm Nov 14, 2024 8:17pm
Target of 1.2600 today is not ruled our.
But the late move up in NY session on Thursday suggests that 2625 is not likely to break atleast this week
Intraday only.
  • #845,397
  • Nov 14, 2024 8:25pm Nov 14, 2024 8:25pm
For me, this is a natural pullback in the weekly uptrend.

Wait for week candle to be bullish and buy above.

Party time !!!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #845,398
  • Nov 14, 2024 9:35pm Nov 14, 2024 9:35pm
Checking pa , a bottom try likely running if can hold anyway 2700 to bottom play probable presently. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,399
  • Nov 14, 2024 9:40pm Nov 14, 2024 9:40pm
yes, after checking chart, i see that in smaller TF, top is in place at 1.2720.

Bottom not in place yet.

New bottom is awaited.
Intraday only.
  • #845,400
  • Nov 14, 2024 9:42pm Nov 14, 2024 9:42pm
Quoting mtako
For me, this is a natural pullback in the weekly uptrend. Wait for week candle to be bullish and buy above. Party time !!! {image}
Maybe, but GU is in a huge monthly downtrend. Not sure it's finished yet.
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