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Cable Update (GBPUSD)

  • #869,041
  • Nov 24, 2025 12:57am Nov 24, 2025 12:57am
Quoting Yngwie
Let's try again bears! Sold 1.3098 SL 1.3110 TP 1.2970
hit SL hello 1.3150
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #869,042
  • Nov 24, 2025 1:00am Nov 24, 2025 1:00am
Gold, long target 4190.
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  • #869,043
  • Nov 24, 2025 1:24am Nov 24, 2025 1:24am
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  • #869,044
  • Nov 24, 2025 1:37am Nov 24, 2025 1:37am
For the GBPUSD pair, the support level at 1.3044 proved quite strong, pushing the price higher. I'm considering buying with the resistance level at 1.3184 as the target.
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  • #869,045
  • Nov 24, 2025 1:49am Nov 24, 2025 1:49am
Looking for long and target 1.3111, but no sensible entry point at present. It might find some resistance at 1.3088
Don't trade what you think. Just what you see!!!
  • #869,046
  • Nov 24, 2025 1:55am Nov 24, 2025 1:55am
My "predictions"

It'll range until Wednesday when the UK has it's long awaited budget.
It'll then range until Friday as it's a Bank holiday in the US on Thursday.
It'll then range until Friday 5th for NFP.
It'll then range until the following Wednesday 10th for the Fed Funds rate.

At this point, it'll be too close to Christmas and New year for institutions to commit to anything so it's range until January 5th.
  • #869,047
  • Nov 24, 2025 2:07am Nov 24, 2025 2:07am
Long 1.3090 SL 1.3060
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #869,048
  • Nov 24, 2025 2:10am Nov 24, 2025 2:10am
Quoting Theoak
Looking for long and target 1.3111, but no sensible entry point at present. It might find some resistance at 1.3088
Long in at 1.3099 target 1.3111
Don't trade what you think. Just what you see!!!
  • #869,049
  • Nov 24, 2025 2:18am Nov 24, 2025 2:18am
My joking aside. Recently did some statistical analysis in Python on daily price data and the StochasticRSI.

Turns out that when the momentum (as indicated by the StochasticRSI) is trending, in this case just entering bullish momentum, on average the probability of the next daily candle being bullish is about 59-60% and that, on average, consecutive price candles in the direction of the momentum lasts for just over 4 days.

Doesn't mean it will be a bullish daily candle, just that probability is on it's side.
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  • #869,050
  • Nov 24, 2025 2:48am Nov 24, 2025 2:48am
Quoting MrFanciful
.... Recently did some statistical analysis in Python on daily price data and the StochasticRSI.....
Hi. Nice work.
-----------------------------------------------------------------

G/M. New week. Down-Up-Down in the Asian session, with an AH just above YH. No b/o's either way of today's AH or AL yet in this early London session.

1hr below

...it's a pretty packed chart re pot res and pot sbr zones on 4hr to the upside. 2nd test of the 1st pot res zone on this t/f going on @ today's AH,/CDH/CWH.

4hr below
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Trader with an Edge.
  • #869,051
  • Nov 24, 2025 3:10am Nov 24, 2025 3:10am
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yes yes yes
  • #869,052
  • Nov 24, 2025 3:11am Nov 24, 2025 3:11am
Quoting Theoak
{quote} Long in at 1.3099 target 1.3111
Looking to go long again target 1.3116
Don't trade what you think. Just what you see!!!
  • #869,053
  • Nov 24, 2025 3:21am Nov 24, 2025 3:21am
Looks like "creep mode" has been activated again
  • #869,054
  • Nov 24, 2025 3:50am Nov 24, 2025 3:50am
...1st 1hr test of 1hr pot res zone to AH/CDH met supply, now a 2nd 1hr test of the 1hr/minor 4hr pot supp zone to AL/CDL.
So far today on 1hr is down-up-down-up-down-(up,?) in a 26pip range.

1hr below
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Trader with an Edge.
  • #869,055
  • Nov 24, 2025 3:54am Nov 24, 2025 3:54am
Quoting Theoak
Looking for long and target 1.3111, but no sensible entry point at present. It might find some resistance at 1.3088
.... got three activated longs within those figures you quoted .... it's a slow start of the week with no fundamental release today, cation is more likely.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #869,056
  • Nov 24, 2025 4:01am Nov 24, 2025 4:01am
...dark cloud cover close on gmt+2hr price feed 4hr. How strong are these bulls now?

4hr below
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Trader with an Edge.
  • #869,057
  • Nov 24, 2025 4:36am Nov 24, 2025 4:36am
...bulls presently struggling to gain upside traction on a 2nd 1hr test of the prev 1hr/v. minor 4hr sw lo zone = prev supp x 1 = pot supp that extends down to AL/CDL, in the shadow of that last 4hr close described above.

I am sure that those medium-longer term players who went long on the inverted hammer/hammer dly closes combo, on Fri, that met demand in the wkly part (widest) of the prev 1hr/4hr/dly/v.minor wkly sw lo zone = prev supp x 1 = pot supp that extends down to 3010 CML, will have their stops at least under 3038, if not 3010?

1hr below
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Trader with an Edge.
  • #869,058
  • Nov 24, 2025 4:46am Nov 24, 2025 4:46am
Quoting MrFanciful
My "predictions" It'll range until Wednesday when the UK has it's long awaited budget. It'll then range until Friday as it's a Bank holiday in the US on Thursday. It'll then range until Friday 5th for NFP. It'll then range until the following Wednesday 10th for the Fed Funds rate. At this point, it'll be too close to Christmas and New year for institutions to commit to anything so it's range until January 5th.
This was meant as a joke, not a prophecy.
  • #869,059
  • Nov 24, 2025 5:06am Nov 24, 2025 5:06am
Here comes the drop I think.
  • #869,060
  • Nov 24, 2025 5:08am Nov 24, 2025 5:08am
Quoting MrFanciful
{quote} This was meant as a joke, not a prophecy.
How can you be sure Mr. F was being facetious? Maybe he's right? I guess we'll know come the 'insurrection anniversary or if the "Seditious Six" get a new mailing address?
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