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Cable Update (GBPUSD)

  • #657,861
  • May 4, 2022 6:46am May 4, 2022 6:46am
Quoting kourosh1347
Wykoff Method {image} {image} {file}
Dont forget volume analisys in WyCkoff method, a very common mistake.
chaos is just unknown order
  • #657,862
  • May 4, 2022 6:53am May 4, 2022 6:53am
Quoting kourosh1347
Wykoff Method {image} {image} {file}
Look good but down it is.
distribution.
  • #657,863
  • May 4, 2022 7:22am May 4, 2022 7:22am
Quoting Kimmymore
FOMC OR ECB : ONLY MAKE THE PRICE RUNNING VERY QUICK. ( I don't care. ) {image}
You promised to explain these errors to me. I hope you find the time to do that. Thank you.
  • #657,864
  • May 4, 2022 7:34am May 4, 2022 7:34am
I know the data that is coming out from US is already priced in.

But just wanted to know, what is the impact of ADP number on USD? Seems it is way less than expected.
  • #657,865
  • May 4, 2022 7:45am May 4, 2022 7:45am
Quoting ScalaFX
{quote} Placing SL at BE now for all longs, risk free now, lets see can get to 1.26 before fomc
Closing all now1.2534, more +50 pips each long, waiting for fomc
People don't plan to lose. They lose because they don't plan.
  • #657,866
  • May 4, 2022 7:48am May 4, 2022 7:48am
Shitty pound
Usd is weak
Jpy is weak
But the pound don't go up
Look at euro ,honest pair
Attached Image (click to enlarge)
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yes yes yes
  • #657,867
  • May 4, 2022 7:54am May 4, 2022 7:54am
Quoting fxmasterdxb
{quote} 1.2530-40 is the ideal place to short but not sure if we’ll get there
I entered a small short @30, lets see where it go from here
  • #657,868
  • May 4, 2022 7:58am May 4, 2022 7:58am
Quoting ScalaFX
{quote} Closing all now1.2534, more +50 pips each long, waiting for fomc
Ajjj bad decision maybe, i must stick to my plans better
People don't plan to lose. They lose because they don't plan.
  • #657,869
  • May 4, 2022 8:25am May 4, 2022 8:25am
If market has humbled you because it did not work out as you planned , accept the loss and close all positions. Wait until FOMC takes place , after the dust is settled, look for opportunities and you will recover your loss steadily . This is better than to sustain huge loss or have your account wiped out . That is just my own advice
With patience and discipline,you move beyond the sky
  • #657,870
  • May 4, 2022 8:32am May 4, 2022 8:32am
Quoting ScalaFX
{quote} Ajjj bad decision maybe, i must stick to my plans better
from what i ve learned, more than blaming yourself with retrospective considerations after closing a position, it s more useful just to forget and watch further
chaos is just unknown order
  • #657,871
  • May 4, 2022 8:51am May 4, 2022 8:51am
Quoting fxmasterdxb
{quote} I entered a small short @30, lets see where it go from here
Closes for 40 pips, now the wait is for fomc
  • #657,872
  • May 4, 2022 8:53am May 4, 2022 8:53am
Quoting Luxyus
{quote} from what i ve learned, more than blaming yourself with retrospective considerations after closing a position, it s more useful just to forget and watch further
Good decision
People don't plan to lose. They lose because they don't plan.
  • #657,873
  • May 4, 2022 9:01am May 4, 2022 9:01am
initial signal there to play , but handle with sl as still rudimentary ! , anyway 1st confirmation 2470 , final confirmation 2410 for target 2280 , and 2249! take care all
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,874
  • Edited 9:27am May 4, 2022 9:11am | Edited 9:27am
Quoting ScalaFX
{quote} Good decision

I missed 20 pips by keeping it longer hoping for up move after the 2nd touch there and third time I wasn't wake enough. Tonight could be a real firework nothing will be safe

-

EURGBP is bullish, but maybe close to its maximum values of the day (until the FOMC ).
  • #657,875
  • May 4, 2022 9:18am May 4, 2022 9:18am
Quoting Whale
{image}
This is quite brilliant trade
Attached Image (click to enlarge)
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  • #657,876
  • May 4, 2022 9:37am May 4, 2022 9:37am
4th time 1.2475 holded price, im goned long 1.2480 one more time with ten pip SL, lets see
only fomc can break that level
People don't plan to lose. They lose because they don't plan.
  • #657,877
  • May 4, 2022 9:52am May 4, 2022 9:52am
Quoting Moty
Shitty pound Usd is weak Jpy is weak But the pound don't go up Look at euro ,honest pair {image}
Mf !!!!
Attached Image (click to enlarge)
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yes yes yes
  • #657,878
  • May 4, 2022 9:52am May 4, 2022 9:52am
Quoting ScalaFX
4th time 1.2475 holded price, im goned long 1.2480 one more time with ten pip SL, lets see only fomc can break that level
Stop BE, safety first
People don't plan to lose. They lose because they don't plan.
  • #657,879
  • May 4, 2022 9:53am May 4, 2022 9:53am
Quoting Moty
{quote} Mf !!!! {image}
Moty, relax and be patient maybe we can see pump before the dump
People don't plan to lose. They lose because they don't plan.
  • #657,880
  • May 4, 2022 9:57am May 4, 2022 9:57am
Quoting ScalaFX
4th time 1.2475 holded price, im goned long 1.2480 one more time with ten pip SL, lets see only fomc can break that level


thats a sign that its getting weaker ...if it was strong price would have fly and dont come back there
MY OPINION NOT FINANCIAL ADVISE
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