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Cable Update (GBPUSD)

  • #868,581
  • Nov 14, 2025 4:39am Nov 14, 2025 4:39am
Quoting MrFanciful
Looks like the bulls fucked off for the weekend after their win.
Yeah, until we pile in the shorts and they'll take it to 3245.
  • #868,582
  • Nov 14, 2025 4:41am Nov 14, 2025 4:41am
Quoting Mitiblotch
{quote} Yeah, until we pile in the shorts and they'll take it to 3245.
Very small margins right now, above 1.3150, GU has the H4, above 1.160, EU has the H4.
  • #868,583
  • Nov 14, 2025 4:43am Nov 14, 2025 4:43am
This is savage
  • #868,584
  • Nov 14, 2025 4:45am Nov 14, 2025 4:45am
...price opened this week above it's Wkly Pivot and has stayed above it for the most part, but veered below it 3 times this week so far, including to the CWL, & CDL today. It opened below the Mthly Pivot and has stayed there all week, so far. It is currently(again) below the Dly Pivot presently. It has made 5 x false upside b/o's of LWH, but has stayed above LWL,} all so far this week. Price presently trades around the 61.8% of the CDL-CDH move.

1hr below
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Trader with an Edge.
  • #868,585
  • Nov 14, 2025 4:45am Nov 14, 2025 4:45am
Quoting Guy1969
{quote} Very small margins right now, above 1.3150, GU has the H4, above 1.160, EU has the H4.
I still think it's a buy. It was New York that started the longs on Wednesday and each time they came on they took price up. I think they'll do same today. For now London has just done all they do, which is to confuse.
  • #868,586
  • Nov 14, 2025 4:57am Nov 14, 2025 4:57am
Quoting Pat Chiko
{quote} FEB 2026, got another RM100 coming. Take care Bro & trade well
you too.

GU bull no fuel now
catch the spike and added long at 3160 and 3170 again, but underwater now.
PA Return Today: na
  • #868,587
  • Nov 14, 2025 4:59am Nov 14, 2025 4:59am
I'm seeing the spike up as a way of luring in GBP buyers, so they can subsequently unload their GBP to them. Hence, the slightest uptick in prices is immediately countered by a down move.
  • #868,588
  • Nov 14, 2025 5:01am Nov 14, 2025 5:01am
...Wkly S1 or Wkly R1 have not been bothered by price so far this week, and neither have Mthly S1 or Mthly R1, (nor indeed, per point above - the Mthly Pivot,) so far this month in which 44% of 6mth amr has been traveled by price. 1 x false downside b/o of Dly S1 only today. Will likely be some stops, (mostly retail?) below CDL, and YL, and maybe some bigger ones too below CWL? Intraday is presently bearish

4hr below
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Trader with an Edge.
  • #868,589
  • Nov 14, 2025 5:07am Nov 14, 2025 5:07am
Quoting MrFanciful
I'm seeing the spike up as a way of luring in GBP buyers, so they can subsequently unload their GBP to them. Hence, the slightest uptick in prices is immediately countered by a down move.
See?
  • #868,590
  • Nov 14, 2025 5:07am Nov 14, 2025 5:07am
Quoting MrFanciful
I'm seeing the spike up as a way of luring in GBP buyers, so they can subsequently unload their GBP to them. Hence, the slightest uptick in prices is immediately countered by a down move.
I think it was probably to hit the daily pivot (3170). But today it might just range.
  • #868,591
  • Nov 14, 2025 5:11am Nov 14, 2025 5:11am
Quoting Mitiblotch
{quote} I think it was probably to hit the daily pivot (3170). But today it might just range.
Or an unrelenting, almost impossibly slow, grin down. I haven't seen a grind this bad since when I play World of Warcaft.
  • #868,592
  • Nov 14, 2025 5:17am Nov 14, 2025 5:17am
Recently, I have not experienced a week like this on GU, look at that hourly JAVELINE bar at LO OPEN it activated both side limits and holds them hostage.
3149 h1 equil
3113 h4 equil
SMA's 200,800 are sandwiched in between. Yesta's 3190 breakout was a hope to the retailers but, there seems to be technical hitch with the rocket, hence aborting the mission.
CLOSED MY LONG AT 3145 FOR 30 PIPS,THOUGH THE WEEK ENDS POSITIVELY. IT WAS A INDEED A TOUGH ONE. This kind of challenge toughens the skin.
TILL MONDAY ...................
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #868,593
  • Nov 14, 2025 5:19am Nov 14, 2025 5:19am
Quoting Pat Chiko
{quote} CABLE While price is stalling, as a newbie, wanting to share my view on trade management, which is, the most overused words in trading for most are using it without proper context to its purpose. "Trade Management" is often mistaken for "The Art of Justifying a Bad Trade." Contrary to popular belief, "trade management" is not the phrase you use right before you turn a 1R loss into a 5R catastrophe. It is not the mystical art of moving your stop-loss every time price gets near it. And it is certainly not "hoping" while your drawdown reaches...
CABLE

Stopped out

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Im newbie, making losses is part of my trading plan
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #868,594
  • Nov 14, 2025 5:21am Nov 14, 2025 5:21am
Quoting MrFanciful
{quote} Or an unrelenting, almost impossibly slow, grin down. I haven't seen a grind this bad since when I play World of Warcaft.
It won't go anywhere. It will most likely stay between 3105 and 3180.
  • #868,595
  • Nov 14, 2025 5:29am Nov 14, 2025 5:29am
CABLE

Another try to scalp
Maybe this got luck

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #868,596
  • Nov 14, 2025 5:30am Nov 14, 2025 5:30am
Quoting Mitiblotch
{quote} I still think it's a buy. It was New York that started the longs on Wednesday and each time they came on they took price up. I think they'll do same today. For now London has just done all they do, which is to confuse.
Best Buy around 1.3110 and be prepared to take loss Incase plan failed.

For me, it is also a Buy deal.
Market Structure is the King.....
  • #868,597
  • Nov 14, 2025 5:32am Nov 14, 2025 5:32am
USDCAD, I still believe that lower zone on UC is vulnerable, and price is at a key weekly level, so I'm short from 1.4040, targeting 1.3935
EDIT:Extended the channel slightly.
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  • #868,598
  • Nov 14, 2025 5:34am Nov 14, 2025 5:34am
...some demand met lower down in those 1hr and 4hr spikes (= long upper or lower wicks) as there often tends to be on a (particularly near-term) restest of spikes, (upper=supply,) this @ Dly S1, just shy of the 85.4% of the CDL-CDH move.

Great intraday swings this London session so far.

1hr below
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Trader with an Edge.
  • #868,599
  • Nov 14, 2025 5:48am Nov 14, 2025 5:48am
Quoting Pat Chiko
{quote} CABLE Stopped out {image} Im newbie, making losses is part of my trading plan
yeap, that back-and-forth everlasting flat is very annoying...
  • #868,600
  • Nov 14, 2025 5:54am Nov 14, 2025 5:54am
...price @ the p/back lo of that CDL-CDH move has touched top of the dly part of the prev 1hr/4hr/v.minor dly sw lo zone = prev supp x 1 = pot supp zone that extends down to the 3084 CML.

Dly below (the dly asc t/line circled joins 2100 (CYL) with the said 3084, (CML.)
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