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Cable Update (GBPUSD)

  • #869,061
  • Nov 24, 2025 5:19am Nov 24, 2025 5:19am
..2 x 1hr attempts now / 3x 30min attempts to get south of the prev 1hr/v.minor 4hr sw lo zone = prev supp x 2 = pot supp that extends down to AL/CDL.

This what it looks like on 30min - see chart below. Also an interesting area/zone on that t/f, below it.

30min below
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Trader with an Edge.
  • #869,062
  • Nov 24, 2025 5:34am Nov 24, 2025 5:34am
...current 5min situation

5min below
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Trader with an Edge.
  • #869,063
  • Nov 24, 2025 5:42am Nov 24, 2025 5:42am
Quoting Headland
...current 5min situation 5min below {image}
update. 2hr and 10mins + in this 5min range now.

5min below
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Trader with an Edge.
  • #869,064
  • Nov 24, 2025 5:59am Nov 24, 2025 5:59am
...I bet Mr. Fanciful is having kittens, lol! When price b/o of this mini 5min channel/range, there is the 1hr/intraday one to contend with!

1hr below
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Trader with an Edge.
  • #869,065
  • Nov 24, 2025 6:02am Nov 24, 2025 6:02am
Quoting Pat Chiko
{quote} CABLE Look like no party for the weekends............{image}
CABLE/ GJ

Closed CABLE
Maybe better to trade GJ Long

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.
Excellent macro breakdown. Your reasoning is solid. Following this plan: I'm closing all GBP/USD positions immediately and will remain on the sidelines until Wednesday. Let the institutions range; we'll watch from the sidelines.

Closing Cable with some losses.........
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Going LONG on GJ
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #869,066
  • Nov 24, 2025 6:07am Nov 24, 2025 6:07am
Quoting Pat Chiko
... will remain on the sidelines until Wednesday. Let the institutions range; we'll watch from the sidelines. ...
Hi, yeah - perhaps it's all retail driven right now as the big money/market movers don't want to commit/add until U.s Cpi etc tomorrow, -and/or- Uk Budget on Weds?
Trader with an Edge.
  • #869,067
  • Nov 24, 2025 6:11am Nov 24, 2025 6:11am
Quoting Pat Chiko
{quote} CABLE/ GJ Closed CABLE Maybe better to trade GJ Long {quote} Excellent macro breakdown. Your reasoning is solid. Following this plan: I'm closing all GBP/USD positions immediately and will remain on the sidelines until Wednesday. Let the institutions range; we'll watch from the sidelines. Closing Cable with some losses......... {image} Going LONG on GJ {image}
GJ

Scalping LONG.
(maybe until Wed)

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #869,068
  • Edited 7:03am Nov 24, 2025 6:19am | Edited 7:03am
I like a short Position on this pair but not in the current location. Right now there is a higher low and it is far away from the 50 EMA looking at a DAILY CHART with a 'Fair Value ' gap between 1.32 and 1.325 and may go back up to 'fill it out' first? E/U similar scenario. Both are 'Rolling Over" IMHO. USD/CHF is in a better location and has bounced off the all time low 3 times with long bottom wicks that suggest big boys are building long positions down here. The "stronger dollar" could push this pair into a extended uptrend from here? (100% Speculation)
  • #869,069
  • Nov 24, 2025 6:20am Nov 24, 2025 6:20am
...a pip here, 2pips there, it all adds up and keeps me productive in this 5min range

update...

5min below
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Trader with an Edge.
  • #869,070
  • Nov 24, 2025 6:24am Nov 24, 2025 6:24am
Quoting Headland
...I bet Mr. Fanciful is having kittens, lol! When price b/o of this mini 5min channel/range, there is the 1hr/intraday one to contend with! 1hr below {image}
Not too bad. Hit my SL at 1.30882, then reversed up at 1.30881
But then I reentered.
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  • #869,071
  • Nov 24, 2025 6:25am Nov 24, 2025 6:25am
Quoting Pat Chiko
{quote} GJ Scalping LONG. (maybe until Wed) {image}
I'm short GJ, trading to 203.280. My reasoning, GJ had a 770p run since 04 Nov, with almost no correction. Let's see.
  • #869,072
  • Nov 24, 2025 6:25am Nov 24, 2025 6:25am
Quoting Headland
{quote} Hi, yeah - perhaps it's all retail driven right now as the big money/market movers don't want to commit/add until U.s Cpi etc tomorrow, -and/or- Uk Budget on Weds?
Headland,

This market is a different beast.
With the current UK environment, you can't trade Cable with a set-and-forget system anymore.
It's not like the good old days 5-10 years ago when it was the darling of clean, predictable trends.

Nowadays, it changes its mood like a Karen—unpredictably volatile, and feel she's right all the time. She will demand to speak to the manager at the slightest whiff of a random point posted in forum.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #869,073
  • Nov 24, 2025 6:27am Nov 24, 2025 6:27am
Quoting Guy1969
{quote} I'm short GJ, trading to 203.280. My reasoning, GJ had a 770p run since 04 Nov, with almost no correction. Let's see.
Good point.........Thanks for sharing.
Noe, I feel like to go and pee every 45 seconds.

Thanks to you.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #869,074
  • Nov 24, 2025 6:32am Nov 24, 2025 6:32am
Quoting ricmaj
short entry 1.31110 sl 15 tp 60
closed out +5 Mondays generally very slow as expected with range of 54 pips in the last 3 consecutive mondays
Keep the Lights on then you can catch the rise from the dark.
  • #869,075
  • Nov 24, 2025 6:38am Nov 24, 2025 6:38am
Quoting Pat Chiko
{quote} Headland, This market is a different beast. With the current UK environment, you can't trade Cable with a set-and-forget system anymore. It's not like the good old days 5-10 years ago when it was the darling of clean, predictable trends. Nowadays, it changes its mood like a Karen—unpredictably volatile, and feel she's right all the time. She will demand to speak to the manager at the slightest whiff of a random point posted in forum.
Hi. Lol, yeah absolutely, although for me and possibly others on the shorter t/f triggers and all flat at end of each trading session, it hasn't made much difference, (for me at least.)
----------------------------------------------------------------------------------------------

...strong bounce up on 1st test of that prev 1hr minor sw lo zone = pot supp and bottom of that prev 5min range, and now testing top of the prev 1hr sw hi zone = pot res that extends to AH/CDH. As stated (and shown) earlier, a lot of coexistent/overlapping pot sbr and pot res zones on 1hr and 4hr above that AH, that is presently the CDH. Fibs etc too.

1hr below
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Trader with an Edge.
  • #869,076
  • Nov 24, 2025 6:40am Nov 24, 2025 6:40am
Today, the USD/JPY showed three long signals at the start of the Tokyo market, but there were no major price movements and it is currently in a squeeze. The Peach line MA100 is acting as strong resistance. However, H4 is still supporting the uptrend, so it is prone to fluctuations up and down. Even so, I dropped it to the 5-minute chart and picked up small amounts, yielding a harvest of 34 pips.
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  • #869,077
  • Nov 24, 2025 6:49am Nov 24, 2025 6:49am
Taking some partial profits here:
EU long 45p
GBPCAD long 25p
GU long 20p
USDCHF short 15p
Gold long $28
  • #869,078
  • Nov 24, 2025 6:56am Nov 24, 2025 6:56am
...3rd x 4hr attempt to get north of the prev 1hr/4hr sw hi zone = prev res x 4 = pot res that extends up to last thursday's 3123/24 hi...this in itself a 1st test on a wide prev 4hr sw lo zone = prev sbr x 1 = pot sbr. 39% of 30day adr traveled so far today. (This metric down to 79pips today.)

4hr below
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Trader with an Edge.
  • #869,079
  • Nov 24, 2025 7:03am Nov 24, 2025 7:03am
Hoping for a nice pullback in EU and GU.
  • #869,080
  • Nov 24, 2025 7:08am Nov 24, 2025 7:08am
for 28/42 pips
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yes yes yes
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