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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Coreg2004
{quote} Moty, this 50% ret. level of yours was tested three times maybe 4th will be the charm and it breaks? Friday GU made ID/NR4 bar. {image}
Thanks for your super marked up chart Coreg.
My appreciation to you and an opportunity for me to better myself in trading skill.

I save and study your chart. ..and I pay to.... paying attention..
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I come from the future.
Quoting Pat Chiko
{quote} Instigator......./ˈɪn.stɪ.ɡeɪ.tər/ a person who causes something to happen, especially something bad... BTW, I'm out of focus on trading today.Am busy watching football match...{image}
Which team you support?
Be yourself
Quoting Pat Chiko
{quote} Thanks for your super marked up chart Coreg. My appreciation to you and an opportunity for me to better myself in trading skill. I save and study your chart. ..and I pay to.... paying attention..{image}
Pat, I'm not worried about toxic people b/c I'm well prepared to deal with them.
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Always trade your own plan...I don't provide trading signals.
Quoting Pat Chiko
{quote} UJ Target 1 completed Target 2 - in progress Moved positive stop{image}
UJ

Closed all sclping position.
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I come from the future.
Quoting Pat Chiko
{quote} UJ Closed all sclping position.{image}
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Quoting palpite
sell limit - 1.2377 stop loss - 1.2397
Quoting palpite
add sell - 1.2388
trades closed - 1.2351
Together we can be strongest
Next pivot daily - 1.2377. Maybe a pullback there.
Together we can be strongest
Quoting BeeTogether
{quote} I’m a bit worried about the news. Yes .25 is priced in from FOMC I sense a big spike up though BoE looking at ending its rate rises after this week. However the article I posted earlier that the UK recession might not be as bad could send the pair towards 127
Positive outlook turned negative, thanks to top politicians.
Quoting SnailFX
Both trades closed. EURUSD at 1.08931 from 1.09 and GBPUSD at 1.23776 from 1.23925. I am done for today (I really am! ). See you on Fed, won't be able to talk bussiness tommorow.. Hint: always watch out for candles without wicks!
Can you say more about candle without wick s?
UJ area to watch for short.
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I'm short and my tp is around 1.21530 if price touches the trend line before getting to my objective i will close manually...

Here is what is going to happen today.. Price will trade to the open of previous day candle and then melt down.. Today's candle will be a Hammer candle and with a long wick and it will close bearish...

Good luck..
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If it was easy... Everyone would do it!
high-impact events move prices to the strongest technical points!!
mat to the 2nd or 3rd S/Rs
Be yourself
Sold 1.2368 SL 1.2390
naked trader ~ GBPUSD only!
Slide to yesterday's NY low or below it for buy day.

just an opinion, im selling now 1.2365 for 30 pips.

RRR 1:3.8
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Keep it simple, stupid.
Quoting palpite
Next pivot daily - 1.2377. Maybe a pullback there.
Same here..
Quoting KevinZeng
{quote} Can you say more about candle without wick s?
Always wait for the candle to create wick. If let's say candle starts and goes 5 pips up immediately without leaving the wick down, in 99% of the times it will go down to create a wick and then it will choose where it wants to go. It's important that candle has a wick, the only candles that don't have it are candles from really high impact news.

As you saw yesterday with the 15M candle on GBPUSD which started going down without leaving the wick up. It was SO OBVIOUS that they were trying to create a wick on this candle but almost failed due to the Bears pressure and once they did manage to do it, the price on the next 15M candle just dropped. You could feel the drop is imminent.

What I'm trying to say is, candle will have wicks from the both sides 98% of the times, so if you want to sell but you see a push down without the wick up then wait for the wick and get the best price, same for buying.
Pound Yen, I missed the timing of short addition.
Will there be another chance?
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Range

1.22800 - 1.24000

Potential low and potential high for today.
For Swing traders, if we're lucky, we will witness 1.24 again today, if not some us missed the best prices. More and more Bearish by the day, can't go on forever, rally that is..
23 traders viewing now, 4 are members:
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