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Cable Update (GBPUSD)

  • #845,601
  • Nov 18, 2024 5:04pm Nov 18, 2024 5:04pm
next move, 2650 to 2712/15
Intraday only.
  • #845,602
  • Nov 18, 2024 6:56pm Nov 18, 2024 6:56pm
Quoting Pat Chiko
{quote} You're Unbelievable......1.2950 To say you’re a standout kid is an understatement—the most fitting description is outstanding kid. Apart from your obvious excellence in risk management, you’re not just a brilliant trader but also a remarkable person in many other areas. You’re someone we can all learn a great deal from—whether it’s in trading, sports, or life.{image}

Are you two married???....Not that there is anything wrong with that!! lol
  • #845,603
  • Nov 18, 2024 7:21pm Nov 18, 2024 7:21pm
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yes yes yes
  • #845,604
  • Nov 18, 2024 7:34pm Nov 18, 2024 7:34pm
US Index TFH1. Willingness to reprice or not. IMO
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Look right, we'll see the signs
  • #845,605
  • Edited Nov 19, 2024 1:04am Nov 18, 2024 8:42pm | Edited Nov 19, 2024 1:04am
Price still up as bounce got life , next target likely over 2700 and looks no real correction before that. So may limit down presently 2654 before bull target. Anyway once life with daily close as d bottom , a weekly bounce try as expected before possible!
And weekly target should over 2767. Let's see how to follow this correction up !
May add long at and below 2663..
Gbpusd jumped to new high and may sign rough riding , that over 2700 a good leg may towards 2643 possible. Care

Checking eurusd , range up but life still for bull yet , one ext. ,4 up and 0593 and 79 may deciding level presently where 0573 at risk breaking before next range up try! Breaks down 0579 and if hold , that is bounce from below and back to hold may run ext 4 down before bull target. Anyway unlike gbpusd and so all bounce ride should be tough , through ups and down plays !


now waiting for 2662/57 test to see if any bounce for over 2700!

waiting see 2669 and specially 64 if hold or not . if not the top failure in situ . may correct further down !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,606
  • Nov 18, 2024 10:23pm Nov 18, 2024 10:23pm
Quoting navk
next move, 2650 to 2712/15
The price as expected, broke NY high.

I took long when the price dipped in asia, Closed when price broke NY high.

The short trades after it broke NY high... went well too.

Now closed all.

The day profit is done for me.

As I previously posted, today would be bullish until NYO atleast. The price expected to be going down to 2650/60 for bullish thrust to 2715.

I can sleep today peacefully.

Intraday only.
  • #845,607
  • Nov 19, 2024 12:02am Nov 19, 2024 12:02am
Cable bulls now attacking the hourly 100ma(aqua line)
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Don't Leave Money on the Table
  • #845,608
  • Nov 19, 2024 12:43am Nov 19, 2024 12:43am
Quoting Waveskierrob
{quote} Added LONGS BE now at 1.0650 cant be doin with another lengthy downdraw...
added LONGS on my EU FF trades BE now @ 1.0620...
  • #845,609
  • Nov 19, 2024 12:49am Nov 19, 2024 12:49am
Thought I'd post some news relevant to trading the financial markets.

Danish woman Victoria Kjær Theilvig has been crowned Miss Universe
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Don't Leave Money on the Table
  • #845,610
  • Nov 19, 2024 1:14am Nov 19, 2024 1:14am
Quoting azhantahir
US Index TFH1. Willingness to reprice or not. IMO {image}
US Index. The willingness to reprice
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Look right, we'll see the signs
  • #845,611
  • Nov 19, 2024 1:14am Nov 19, 2024 1:14am
broken previous low 2664 , so next tl sr at 2659 , may breaks for 2643 play also , care

eurusd limit 0571 broken , so continue correction down below 0560
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,612
  • Edited 1:41am Nov 19, 2024 1:19am | Edited 1:41am
Friends and Buddies,

Looking at GU Intraday, it's important to note that Intraday PA has turned to Range, therefore let's not expect a straight forward movement to the upside or downside.

The next resistant level is around 1.2766 zone.

I am currently Short from 1.26778 TP 1.2654.

Will be looking to Sell and hold either later today or on Monday. Alternatively will Buy temporarily with target at 1.2766 zone.

Have a nice pipping day.
Market Structure is the King.....
  • #845,613
  • Nov 19, 2024 1:29am Nov 19, 2024 1:29am
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yes yes yes
  • #845,614
  • Nov 19, 2024 1:32am Nov 19, 2024 1:32am
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Longed again, here, NOW....................

  • #845,615
  • Nov 19, 2024 1:34am Nov 19, 2024 1:34am
Quoting HaLBot
Thought I'd post some news relevant to trading the financial markets. Danish woman Victoria Kjær Theilvig has been crowned Miss Universe {image} {image}
Man, ......cold as a snake in winter..... Not even for one night..................BBrrrrrr...........

  • #845,616
  • Nov 19, 2024 1:37am Nov 19, 2024 1:37am
Quoting F.g
{quote} Man, ......cold as a snake in winter..... Not even for one night..................BBrrrrrr...........

There are pictures of her smiling and that's okay I'll cuddle up to her
Don't Leave Money on the Table
  • #845,617
  • Nov 19, 2024 1:39am Nov 19, 2024 1:39am
Time and time again I see this pattern play out.

Just before the big 5 minute green candle pumping is a red candle and as you watch it you think from there it's going to keep dropping, then the next candle is the pump candle.
Watch this and buy at the bottom of the red candle or if your even better buy right at the bottom of the pump candle for some tasty morsels

Always after a big drop where price is building again. Guess the opposite happens selling currencies but I'm a buyer

My actual buy in price was 1.0576 meaning I did buy on the pump candle but things are happening so fast it's hard to keep track. In a perfect world I'd hold the buy but already had 7 by 0.4 lots in play.......DOH!!
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Don't Leave Money on the Table
  • #845,618
  • Nov 19, 2024 1:47am Nov 19, 2024 1:47am
[quote=HaLBot;15063745]Time and time again I see this pattern play out. Just before the big 5 minute green candle pumping is a red candle and as you watch it you think from there it's going to keep dropping, then the next candle is the pump candle. Watch this and buy at the bottom of the red candle or if your even better buy right at the bottom of the pump candle for some tasty morsels Always after a big drop where price is building again. Guess the opposite happens selling currencies but I'm a buyer {image}[/quote

Hello friend,

If you don't mind, at what price do you think buyers can come in ?
Market Structure is the King.....
  • #845,619
  • Nov 19, 2024 1:49am Nov 19, 2024 1:49am
Quoting Abeylyn
Quoting HaLBot
Time and time again I see this pattern play out. Just before the big 5 minute green candle pumping is a red candle and as you watch it you think from there it's going to keep dropping, then the next candle is the pump candle. Watch this and buy at the bottom of the red candle or if your even better buy right at the bottom of the pump candle for some tasty morsels Always after a big drop where price is building again. Guess the opposite happens selling currencies but I'm a buyer {image}[/quote Hello friend, If
...

On Euro buyers came in at 1.0496 3 days ago and Cable 1.2597 2 days ago

Can it hold and go higher? I'm not sure because there are a lot of traders saying price still needs to go lower and US 10 year bond yields are holding up well.
I would Luuuuuuuvvvvvvvvvv a decent rally of 200 pips but not up to me

But I really expected a rally to 1.2700 and 1.06 during Frankfurt and London......oh well maybe later during US session
Don't Leave Money on the Table
  • #845,620
  • Nov 19, 2024 1:50am Nov 19, 2024 1:50am
Time for USD to solidify above 106 and move to 107.. yeah right
Insane in the Brain..
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