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Cable Update (GBPUSD)

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  • Post #725,881
  • Quote
  • Feb 2, 2023 8:54pm Feb 2, 2023 8:54pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,416 Posts
Quoting Coreg2004
Disliked
{quote} Jolita, it would be a black swan for me and I had already seen one at 1.03. Seeing 2 in a lifetime has very low odds.
Ignored
If you have to see a few more: 2023-2027. Next ones, 204x
PHASE II running 666
 
 
  • Post #725,882
  • Quote
  • Feb 2, 2023 9:00pm Feb 2, 2023 9:00pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,416 Posts
Handling my positions

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PHASE II running 666
 
 
  • Post #725,883
  • Quote
  • Feb 2, 2023 9:14pm Feb 2, 2023 9:14pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 10,416 Posts
I mentioned "start buying" zone for gbpnzd was 1.8875. It could still reach 1.8800. Suitable range for swing trading.
PHASE II running 666
 
 
  • Post #725,884
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  • Feb 2, 2023 9:17pm Feb 2, 2023 9:17pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 785 Posts
bid or ask Thanks but no... TANKS LIONS TIGERS who cares where jew refuel forwardennes MP... xxx attention to details...
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Relax, focus and trade what you see. Copyright
 
 
  • Post #725,885
  • Quote
  • Feb 2, 2023 9:34pm Feb 2, 2023 9:34pm
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,188 Posts | Online Now
Long 1.2203
naked trader ~ GBPUSD only!
 
2
  • Post #725,886
  • Quote
  • Edited 10:24pm Feb 2, 2023 9:36pm | Edited 10:24pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 785 Posts
The Native Guards - https://www.nporadio1.nl/zoeken/inheemse
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"Regional languages are a living cultural heritage and if that disappears, you also lose a form of manner. An intangible thing that you can't easily get back."
Relax, focus and trade what you see. Copyright
 
 
  • Post #725,887
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  • Edited 10:18pm Feb 2, 2023 10:07pm | Edited 10:18pm
  •  yelena
  • Joined Nov 2011 | Status: works well with lagging indicators | 937 Posts
Quoting yelena
Disliked
{quote} me three i bailed in GU, -7 .. tsk tsk... it didn't make a new high, i should have stayed. LONG UJ SL at BE+2 TP 86 pips, yesterday's BIG candle as market loves mirroring legs certainly hope it takes it now, without touching my SL green pips to us all {image}
Ignored
handling a losing trade using TIME TRADING... my most difficult day.
i removed the BE+2 = stupid stupid stupid
either you TP or exit in profit,
never remove

UJ= i let the LO trade go to -58 DD
GU=placed a short on a Lower High, test of ema10 right after red news
TP on the 6th candle close because it didn't reach S2 on the 3rd
UJ= added a 2nd long, on a losing position, 2nd test of daily low, looks okay.
closed both after 3rd candle close ( 3-6-9-12... time trading)


i hope this will help you too

in the end
-7+59+11-61= +124 pips / 11% gain

that was insane
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1
  • Post #725,888
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  • Feb 2, 2023 10:23pm Feb 2, 2023 10:23pm
  •  Fardeen1209
  • Joined Jul 2021 | Status: Rookie | 1,326 Posts
With Avg initial Job claim down for the last 2 month (DEC & JAN), we can see an Actual > Consensus NFP
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?
Trade at good levels or no trade at all!
 
4
  • Post #725,889
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  • Feb 2, 2023 10:32pm Feb 2, 2023 10:32pm
  •  pipcenturion
  • Joined May 2013 | Status: Member | 1,510 Posts
Quoting Yngwie
Disliked
Long 1.2203
Ignored
But it seems like a small buy

Maybe to 1.2217 thereabouts
 
2
  • Post #725,890
  • Quote
  • Feb 2, 2023 10:47pm Feb 2, 2023 10:47pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,948 Posts
Quoting Jolita
Disliked
{quote} Monthly chart far away of going higher, there isn't any higher high yet. There is another support below 1.03. Can you see EW on monthly chart please?
Ignored
no, not classical e wave, but on weekly i see new low.we are at the beginning of 5th
Keep it simple, stupid.
 
1
  • Post #725,891
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  • Feb 2, 2023 10:50pm Feb 2, 2023 10:50pm
  •  pipcenturion
  • Joined May 2013 | Status: Member | 1,510 Posts
Quoting pipcenturion
Disliked
{quote} But it seems like a small buy Maybe to 1.2217 thereabouts
Ignored
The only other important level is at 1.2349 thereabouts

Let's see how the next few hourly candles close.
 
1
  • Post #725,892
  • Quote
  • Feb 2, 2023 10:53pm Feb 2, 2023 10:53pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,948 Posts
Quoting Coreg2004
Disliked
{quote} Whale, I didn't say it won't happen, rather I will believe it when I see it. In the financial market (not only) impossible is nothing. {image}
Ignored
totally agree. Im trading with the same mindset.
we have our map, we should treat it with limited liability.

This is the most complex finance market, the money market.

Keep it simple, stupid.
 
1
  • Post #725,893
  • Quote
  • Feb 2, 2023 11:03pm Feb 2, 2023 11:03pm
  •  SnailFX
  • Joined Jan 2023 | Status: Member | 691 Posts
Quoting Yngwie
Disliked
Long 1.2203
Ignored
Why? Thanks!
1
1
  • Post #725,894
  • Quote
  • Feb 2, 2023 11:08pm Feb 2, 2023 11:08pm
  •  SnailFX
  • Joined Jan 2023 | Status: Member | 691 Posts
It's hard to imagine we won't reach at least 1.18 now. If there is a Buy candle today, I think that would only be a retracement candle for yesterday and Sell will continue next Week. Sell might not come next Week in one scenario, but neither will Buy. When I get Home I'll provide Daily Resistance candle may hit today.
1
 
  • Post #725,895
  • Quote
  • Feb 2, 2023 11:11pm Feb 2, 2023 11:11pm
  •  SnailFX
  • Joined Jan 2023 | Status: Member | 691 Posts
2008 fall of Pound vs Yen in play.. ah.. that was stupid to miss.
1
 
  • Post #725,896
  • Quote
  • Feb 2, 2023 11:15pm Feb 2, 2023 11:15pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,948 Posts
Possible scenario based Wyckoff distribution to the yearly open 1.2085

NOT a buy signal!
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Keep it simple, stupid.
 
4
  • Post #725,897
  • Quote
  • Feb 2, 2023 11:15pm Feb 2, 2023 11:15pm
  •  SnailFX
  • Joined Jan 2023 | Status: Member | 691 Posts
Quoting Fardeen1209
Disliked
With Avg initial Job claim down for the last 2 month (DEC & JAN), we can see an Actual > Consensus NFP {image} ?
Ignored
I'm interested at that Unemployment Rate. When that starts going up, prepare!
 
1
  • Post #725,898
  • Quote
  • Feb 2, 2023 11:24pm Feb 2, 2023 11:24pm
  •  Fardeen1209
  • Joined Jul 2021 | Status: Rookie | 1,326 Posts
Quoting SnailFX
Disliked
{quote} I'm interested at that Unemployment Rate. When that starts going up, prepare!
Ignored
Eye Wage growth also as it plays a crucial role to interest rate.
Trade at good levels or no trade at all!
 
1
  • Post #725,899
  • Quote
  • Feb 3, 2023 12:27am Feb 3, 2023 12:27am
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 785 Posts
solid yellow green - - - - lines plotted last week itiswhatitis...TITAN
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Relax, focus and trade what you see. Copyright
 
 
  • Post #725,900
  • Quote
  • Feb 3, 2023 12:37am Feb 3, 2023 12:37am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,188 Posts | Online Now
Quoting SnailFX
Disliked
{quote} Why? Thanks!
Ignored
4h RSI oversold how ever need to beat 1.2260 resistance
naked trader ~ GBPUSD only!
 
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