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Cable Update (GBPUSD)

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  • Post #695,521
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  • Oct 13, 2022 1:25am Oct 13, 2022 1:25am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 16,542 Posts
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If you like my trading let me know where to improve
 
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  • Post #695,522
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  • Oct 13, 2022 1:38am Oct 13, 2022 1:38am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 16,542 Posts
german final cpi, what will happen ?
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If you like my trading let me know where to improve
 
 
  • Post #695,523
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  • Oct 13, 2022 1:42am Oct 13, 2022 1:42am
  •  voeltoez
  • Joined Jul 2011 | Status: CeaseFire. Free Palestine | 1,960 Posts
playing little..im going short..if breaks high will go 1.12 today..
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Cease Fire. Free Palestine
 
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  • Post #695,524
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  • Oct 13, 2022 1:49am Oct 13, 2022 1:49am
  •  Indiara
  • Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts
Hello friends....I hope everyone is well and ready for Uncle Frank and London session. I hope that Kuroda San is ok too
I am neither brave nor stupid...I am just a part time trader
 
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  • Post #695,525
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  • Edited 2:16am Oct 13, 2022 2:01am | Edited 2:16am
  •  josip
  • Joined Dec 2015 | Status: Member | 1,531 Posts | Online Now
Quoting voeltoez
Disliked
playing little..im going short..if breaks high will go 1.12 today.. {image} {image}
Ignored
1.1075 is support
and R...

pic2
and another look

and the winner is...
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  • Oct 13, 2022 2:09am Oct 13, 2022 2:09am
  •  dantpm
  • Joined Aug 2022 | Status: Member | 4,050 Posts | Online Now
Tired of the ranging!
Interesting multi-day perspective.
Add to this the range that people have been talking about this week and it gets more interesting.
GBPUSD, now
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  • Oct 13, 2022 2:13am Oct 13, 2022 2:13am
  •  Fardeen1209
  • Joined Jul 2021 | Status: Rookie | 2,750 Posts | Online Now
Nov 11 gonna be wild, with the amount of economic scheduled to be released that day.
Not afraid to be wrong, ik what am goin to lose!
 
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  • Post #695,528
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  • Oct 13, 2022 2:14am Oct 13, 2022 2:14am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting TooSlow
Disliked
{quote} Yes, Mate, all is well here. Cheers!
Ignored

Living the dream. Take care.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
 
  • Post #695,529
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  • Oct 13, 2022 2:17am Oct 13, 2022 2:17am
  •  WizardTrade
  • Joined Apr 2020 | Status: Ready to Lose Again | 1,252 Posts
Quoting dantpm
Disliked
Tired of the ranging! Interesting multi-day perspective. Add to this the range that people have been talking about this week and it gets more interesting. GBPUSD, now {image}
Ignored
Ranges will be burnt to ashes as we saw market gone wild couple of days back. The turmoil is not yet over
WARNING: This post warps space and time in its vicinity.
Challenge $100 to $12K - Starts 26 Sep All Time Return: -11.3%
 
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  • Post #695,530
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  • Oct 13, 2022 2:19am Oct 13, 2022 2:19am
  •  dantpm
  • Joined Aug 2022 | Status: Member | 4,050 Posts | Online Now
Quoting MapleLeaf
Disliked
US Dollar Inflation is expected to be above 8,1%. They will release this data in a few hours, that's why markets are falling like crazy since yesterday. In the private finance and investing forum they already released the exact number 2 days ago, so no news here.
Ignored
Which implies at this time 75 BPS is baked in as a minimum rate increase with speculation of a higher one in one of the next increases. No real surprise for the USD. The wild card yesterday and today is how GBP reacts!
 
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  • Post #695,531
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  • Oct 13, 2022 2:20am Oct 13, 2022 2:20am
  •  Bryan5229
  • Joined Dec 2017 | Status: Member | 400 Posts
Interesting times on Monthly chart, possibility of parity is very much likely.
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Plan your trades and trade your plan.
 
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  • Post #695,532
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  • Oct 13, 2022 2:29am Oct 13, 2022 2:29am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting VM.
Disliked
{quote} That's an interesting comment. I myself like to enter at support / resistance (or near support / resistance after it is rejected) but I also noticed that a lot of time, when price is closing to support / resistance, it is almost inevitable that it does reach it. But I am still scared to trade it, as the space in the other direction is bigger. Do you have any advise on how to overcome this fear?
Ignored
Hi... 1st. This is how i will trade if i have a fail, and it is my philosophy.
The chart , Cable 4 hour.. 1-2 -3 are support levels..... 4-5-6 are resistance levels.
These only matter right now 07-25 am UK time.

If price moves up to 4 or drops to 1... do we trade the breakout or retrace????
Right now , i would get a trigger AND TRADE TO 1 or 4.. that is approx 30 pips either way.
Just follow the market makers....
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Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
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  • Post #695,533
  • Quote
  • Edited 2:47am Oct 13, 2022 2:32am | Edited 2:47am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
t 07-29 am UK time.
Cable, same as yesterday, i will trade off the 07-45 to 08-00 15 minute bar, hopefully SHORT. <<< reason. i like to short but i will long.
Then hopefully trade off the 08-00 to 08-15 minute bar. UK open.
Just a quick scalp but a knockout blow, catch the market maker moving price.
Lets see.....
Trade well all.
07-32.


edit, 07-46 typo error, i wrote Long but i changed it to SHORT duh !!!!
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
4
  • Post #695,534
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  • Oct 13, 2022 2:34am Oct 13, 2022 2:34am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 14,588 Posts
Quoting Aussi
Disliked
{quote}
Ignored
I'm sure you're thinking the same,... nice to have one..
I come from the future.
 
 
  • Post #695,535
  • Quote
  • Oct 13, 2022 2:35am Oct 13, 2022 2:35am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
t 07-33
oops, i forgot.
my bias is short after price broke down through 11078.
Once it breaks 11120 then my bias will be long. i will still trade long if my bias is short and vice versa. keep it simple.

Bias is for gathering lots of pips, which i do not do.lol
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
1
  • Post #695,536
  • Quote
  • Oct 13, 2022 2:36am Oct 13, 2022 2:36am
  •  MapleLeaf
  • | Joined Dec 2010 | Status: Member | 637 Posts
Cable never reached this level, never ever in history.

Holy wow, that's all I am going to say.

Enjoy this, because you are writing history, guys. In 100 years all books are going to talk about this moment.

Holy freaking hell. Damn. Even lower than year 1985.
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The Black Swan: The Impact of the Highly Improbable
 
1
  • Post #695,537
  • Quote
  • Oct 13, 2022 2:38am Oct 13, 2022 2:38am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 14,588 Posts
GU

Trade Ideas
Any comment welcome.
Englis good or bad , no issue, just write, we can story here.

If you cannot "brain" this, just ask question
Let hear from each other.... wrong or write (typo) right, nenver mind we learn together.
Thank you
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I come from the future.
 
7
  • Post #695,538
  • Quote
  • Oct 13, 2022 2:40am Oct 13, 2022 2:40am
  •  Aussi
  • Joined Sep 2013 | Status: Member | 18,452 Posts
Quoting Pat Chiko
Disliked
{quote} I'm sure you're thinking the same,... nice to have one..
Ignored
my mind does wander at times Pat
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
2
  • Post #695,539
  • Quote
  • Oct 13, 2022 2:42am Oct 13, 2022 2:42am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 14,588 Posts
Quoting WizardTrade
Disliked
{quote} Ranges will be burnt to ashes as we saw market gone wild couple of days back. The turmoil is not yet over
Ignored

There were famous saying goes like :
"Irish Ranger can weather Ranges."
I come from the future.
 
2
  • Post #695,540
  • Quote
  • Oct 13, 2022 2:43am Oct 13, 2022 2:43am
  •  Nnaa
  • | Commercial Member | Joined Aug 2022 | 255 Posts
I hope all this news would get this market moving today because this range is getting tiring
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MY STRATEGY HAS 95% WIN RATE
 
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