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Cable Update (GBPUSD)

  • #847,161
  • Dec 4, 2024 2:40am Dec 4, 2024 2:40am
let's go again mf
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yes yes yes
  • #847,162
  • Dec 4, 2024 2:47am Dec 4, 2024 2:47am
Quoting BeeTogether
GJ long at 191 TP 19150 GU long at 12692 TP 12750 Gold short at 2648 TP 2632 - took profit at 2640

gold took profit at 2640
Insane in the Brain..
  • #847,163
  • Dec 4, 2024 2:51am Dec 4, 2024 2:51am
yes yes yes
for 33 pips
Houston we have a diversion
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yes yes yes
  • #847,164
  • Dec 4, 2024 3:05am Dec 4, 2024 3:05am
Pound dumping hard… no data either
Insane in the Brain..
  • #847,165
  • Dec 4, 2024 3:07am Dec 4, 2024 3:07am
Buy GU here.
  • #847,166
  • Dec 4, 2024 3:11am Dec 4, 2024 3:11am
Quoting genadi
Buy GU here.
If you don't mind, Can you pull up a chart to validate the Buy trade ?

Thanks.
Market Structure is the King.....
  • #847,167
  • Dec 4, 2024 3:12am Dec 4, 2024 3:12am
Quoting BeeTogether
Pound dumping hard… no data either
I said it earlier and even send a chart to validate....

It's going to be massive downside since rejection @ 1.2700.
Market Structure is the King.....
  • #847,168
  • Dec 4, 2024 3:15am Dec 4, 2024 3:15am
You will go up mf
I have no sl
You can stop hunt as much as you want
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yes yes yes
  • #847,169
  • Edited 3:29am Dec 4, 2024 3:16am | Edited 3:29am
G/M. Bullish dly candle y/day. So far today, Asian hi/current dly hi made a false slight 1st upside b/o above y/day's hi, @ Dly R1, and in the last strong run down price has made a 1st downside b/o of the Asian lo and y/day's lo. Current dly lo is in the 4hr part (and 3rd test as supp in the 4hr part) of the prev 1hr/4hr/minor dly sw lo zone = pot supp that extends down to 2617 the current wkly lo, @ the 85.4% of the y/day lo - current dly hi move.

1hr and 4hr rangy so far today.

1hr below
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Trader with an Edge.
  • #847,170
  • Dec 4, 2024 3:17am Dec 4, 2024 3:17am
Quoting genadi
Buy GU here.
Hourly 200 sma band support price again
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yes yes yes
  • #847,171
  • Dec 4, 2024 3:19am Dec 4, 2024 3:19am
Quoting Moty
{quote} Hourly 200 sma band support price again {image}
close to my TP 12730. Let’s go
Insane in the Brain..
  • #847,172
  • Dec 4, 2024 3:20am Dec 4, 2024 3:20am
Quoting Abeylyn
{quote} I said it earlier and even send a chart to validate.... It's going to be massive downside since rejection @ 1.2700.
maybe. The dump was due to BoE statement saying 4 rate cuts next year.
Insane in the Brain..
  • #847,173
  • Dec 4, 2024 3:24am Dec 4, 2024 3:24am
...4hr rangy / consolidation, and nice bounce up from the pot supp zone from current dly lo. Challenging pot sbr zone now, for 3rd time. Still no b/o of the last wk's hi or lo so far this week.

4hr with 10/20/40 ema crosses graphic below
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Trader with an Edge.
  • #847,174
  • Dec 4, 2024 3:31am Dec 4, 2024 3:31am
Quoting Abeylyn
GBP/USD UPDATE 04/12/24 There is an high probability of breakout of the range today. Price has rejected the Bull run twice @ 1.2700. Third rejection will open the Base support for Sellers to penetrate. Its time to tighten stoploss or bank some profit. Its going to be a massive run. Watch out for possibility of Sellers taken over direction from touch of 1.2679 to 1.2700. But with price break of 1.2700 to the upside, a fair deal for buyers to watch out at touch of 1.2746/50 zone. {image} Have a nice day trading.
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Short GU @ 1.2690 Stop 1.2710 TP 1.2565/35
Market Structure is the King.....
  • #847,175
  • Dec 4, 2024 3:39am Dec 4, 2024 3:39am
Quoting BeeTogether
{quote} maybe. The dump was due to BoE statement saying 4 rate cuts next year.
That's also possible but technically, it's time for price to start trending and breakout of the ranging bracket.
Market Structure is the King.....
  • #847,176
  • Dec 4, 2024 3:43am Dec 4, 2024 3:43am
Quoting Moty
{quote} Hourly 200 sma band support price again {image}
Time to breakout of that SMA is today. In the contrary, I"ll have to review my strategy.
Market Structure is the King.....
  • #847,177
  • Dec 4, 2024 3:43am Dec 4, 2024 3:43am
Quoting BeeTogether
Pound dumping hard… no data either

Bailey got on the wires and said something like the UK economy has gone to the dogs, pack your bags and head to the Bahamas cause that's where I'm going
Don't Leave Money on the Table
  • #847,178
  • Dec 4, 2024 3:43am Dec 4, 2024 3:43am
...strong bounce from current dly lo, giving back almost 61.8% of the current dly hi - current dly lo move so far. Like y/day's hi before it, so the 1st downside b/o of y/day's lo proves false too.

1hr below
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Trader with an Edge.
  • #847,179
  • Dec 4, 2024 3:49am Dec 4, 2024 3:49am
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Long as shown................SL mentaly @ 1.2629

The name of the game is : INTIMIDATE THE SUCKERS AND LOOT THEIR MONEY...........

  • #847,180
  • Dec 4, 2024 3:52am Dec 4, 2024 3:52am
Quoting Moty
yes yes yes for 33 pips Houston we have a diversion {image}
you want to play mf ?
for 61 pips
let's get ready to rumble
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yes yes yes
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