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Cable Update (GBPUSD)

  • #845,481
  • Nov 15, 2024 1:18pm Nov 15, 2024 1:18pm


iT S OBVIOUS I GOT AN ISSUE......

  • #845,482
  • Nov 15, 2024 1:22pm Nov 15, 2024 1:22pm
Attached Image (click to enlarge)
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...and while the Market confuses me....

I welcome another stab lower towards 126 .00 THE FIGURE.........

ΠΟΥΤΑΝΕΣ ΥΠΑΡΧΟΥΝ ΠΑΝΤΟΥ . ΔΕΝ ΕΙΝΑΙ ΠΡΟΒΛΗΜΑ.... ΠΑΤ.

  • #845,483
  • Nov 15, 2024 2:34pm Nov 15, 2024 2:34pm
Another lower low, again, despite bull monger calls
  • #845,484
  • Nov 15, 2024 2:34pm Nov 15, 2024 2:34pm
Quoting elude
{quote} 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
SL touched. I don't regret I put it,
gained one pip
  • #845,485
  • Nov 15, 2024 2:36pm Nov 15, 2024 2:36pm
Quoting F.g
{image} ...and while the Market confuses me.... I welcome another stab lower towards 126 .00 THE FIGURE......... ΠΟΥΤΑΝΕΣ ΥΠΑΡΧΟΥΝ ΠΑΝΤΟΥ . ΔΕΝ ΕΙΝΑΙ ΠΡΟΒΛΗΜΑ.... ΠΑΤ.
I like souvlaki
  • #845,486
  • Nov 15, 2024 2:50pm Nov 15, 2024 2:50pm
Quoting Mitiblotch
{quote} The equal lows formed in June at 2612 will be taken out. I perspnally trade towards these areas these days and it is fire proof. {image}
Low graciously taken out as said. In fact, I traded it with heavy lots. Some trades are bound to happen.
  • #845,487
  • Nov 15, 2024 3:12pm Nov 15, 2024 3:12pm
Quoting Mitiblotch
{quote} Low graciously taken out as said. In fact, I traded it with heavy lots. Some trades are bound to happen.
Hi Miti.

In that same post you mentioned that after taking out the low, GU would reverse and reach up to 1.3200, but you forgot to say in what year ... ?
Observation is the path to discovery.
  • #845,488
  • Nov 15, 2024 3:16pm Nov 15, 2024 3:16pm
come on mister 1.26000 area
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yes yes yes
  • #845,489
  • Nov 15, 2024 3:19pm Nov 15, 2024 3:19pm
Quoting Alorente
{quote} Hi Miti. In that same post you mentioned that after taking out the low, GU would reverse and reach up to 1.3200, but you forgot to say in what year ... ?
Long GU TP: 1.2800
Observation is the path to discovery.
  • #845,490
  • Nov 15, 2024 3:52pm Nov 15, 2024 3:52pm
Quoting Moty
come on mister 1.26000 area {image}
come on ~!!!!!!!!!!!!!
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yes yes yes
  • #845,491
  • Nov 15, 2024 4:18pm Nov 15, 2024 4:18pm
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Heavily long BP and E. as shown.

Have a nice weekend all crew.

  • #845,492
  • Nov 15, 2024 4:43pm Nov 15, 2024 4:43pm
The week was giving money
MY OPINION NOT FINANCIAL ADVISE
  • #845,493
  • Nov 15, 2024 5:02pm Nov 15, 2024 5:02pm
Quoting Alorente
{quote} Hi Miti. In that same post you mentioned that after taking out the low, GU would reverse and reach up to 1.3200, but you forgot to say in what year ... ?
Hahaha... that's a probability I am not sure of. But whenever price turns up I will target liquidity areas gradually. I won't set 3200 as a target, as it's too far.
  • #845,494
  • Nov 15, 2024 7:01pm Nov 15, 2024 7:01pm
quite honestly, i went long but didnt like the way it was acting so closed for a small loss and went short..now up....Up about 2 percent for week. Not bad

kindly
  • #845,495
  • Nov 15, 2024 10:06pm Nov 15, 2024 10:06pm
Quoting Whale
Back to Q3 open.. Q2 open is not far away. long again 1.2646
you are trying to long a pair which is in long term breakdown. job losses which UK is going to see next year is not yet discounted by the markets. they cannot hike for year so that tailwind is also gone. GBP can easily fall to 1.25 in days to come. I would personally long it at 1.22. 1.28-1.30 is sell on rallies
  • #845,496
  • Edited 5:22am Nov 16, 2024 12:41am | Edited 5:22am
Checking pa eurusd , weekly closed perfect avoiding 0509 and so next low 0444 at risk breaking next and low continue possibly towards 0370 if this months low!!
Monthly below ground level , continue any low too.take care
Checking usdx , testing previous to , likely breaks at next attempt and price go breaks 107.85 before some correction.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,497
  • Nov 16, 2024 2:39am Nov 16, 2024 2:39am
Monthly chart cable. Quite a few comments have alluded to 1.2500 being a possible bounce point. This is based on the diagonal trend line March '23 to April '24. This could be well known by the market participants . Looking at this chart its not inconceivable to visualize a reversal lower. Bollinger minus is 1.2124.
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  • #845,498
  • Nov 16, 2024 3:12am Nov 16, 2024 3:12am
Quoting giveachance
{quote} you are trying to long a pair which is in long term breakdown. job losses which UK is going to see next year is not yet discounted by the markets. they cannot hike for year so that tailwind is also gone. GBP can easily fall to 1.25 in days to come. I would personally long it at 1.22. 1.28-1.30 is sell on rallies
For intraday view, yes i was trying to long it, and unfortunately still hold it.
i long it in Thursday and grab 53 pips.
i short it before Friday news and grab 27 pips.
i will cut it on Sunday night probably, i can't win it all.

how you criticize my long and you saying 1.28-1.3 is sell area..
  • #845,499
  • Nov 16, 2024 3:20am Nov 16, 2024 3:20am
Happy weekend guys. For BTCUSD lovers. Own risk (RRR). IMO

M1
W1
D1
H4
H1
Waiting is painful. IMO

Methodology: Price Action (Triple Lines/OHLC/OLHC), Corrective ABC, Waves (X)=Corrective WXY
HTF: Multi TFD1/TFH4/TFH1/M15
Attached Image (click to enlarge)
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Look right, we'll see the signs
  • #845,500
  • Nov 16, 2024 8:24am Nov 16, 2024 8:24am
Quoting Whale
{quote} For intraday view, yes i was trying to long it, and unfortunately still hold it. i long it in Thursday and grab 53 pips. i short it before Friday news and grab 27 pips. i will cut it on Sunday night probably, i can't win it all. how you criticize my long and you saying 1.28-1.3 is sell area..
I am not criticizing you. I am just putting up a case for shorts. offcourse I may be wrong like I was in gold during Aug-Oct period
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