Cable Update (GBPUSD)

I think you are right. I'm still bullish this pair longer term but I'm not risking my long trades overnight and into NFP. Kept one vanity trade from way down.

The markets barely moved with the initial unemployment figures release. Even though the numbers were colossal.

They seem to be factoring a lot of these events into the market changes as they occur so there's less movements on the news releases. I guess maybe because they are already anticipating the worst.

Just my two cents.

Trade safe

yeah good shout, better to be safe than sorry, i stopped on the charts earlier but going to make sure i have nothing running around that time, im not going to scalp it unless im 110%

yeah i see exactly where you coming from, trade safe

Joe

Not yet broken range 2200 I would say .. play it as one sees it as long as you make money .

https://www.fxstreet.com/news/gbp-us...s-202004021808

pateintly waiting for my tp to hit.. hoping it happens today.... and people 2k to 10k in live trade explorer in 2 days.... a personal achievement.. first mile stone hit..

Edit: tp hit

I see...........

Which doji would you trade off

2447 would be fantastic or if your Italian .. fantastico

i sell 1.2405 for 200 pips tp

sl will be 1.2500

mid term issue

head and shoulders above

some recent articles released

https://www.fxstreet.com/news/forex-...s-202004022034
https://www.investing.com/currencies/gbp-usd-news

It’s a long day but if you put the work in it definitely pays off . Now long or short might be the call here again

Remember its doubling every 3 days with no mitigation- it's the peak matters . 1 week later is +200% on a large denominator. Every day matters at that point.
Large scale testing is not so important on full lockdown. Testing will be more useful to get everyone back to work. {Other than key workers and the ill.}
It's the key to opening up, then you lockdown any outbreak immediately with contact trace. Other measures like temp check and masks etc
Clusters with no idea of spread are very risky for an explosion.
You can use 1% to have an idea of how many actually got infected. It's not going to be everyone already. I could show that's mathematically unlikely in another way, using the exponential function.
*80% = herd immunity, that stops exponential...but its true death rate is variable on many factors as it goes on, its likely to rise.
I thought about why these charts don't have numbers on and that's because its easier to spot the patterns. I don't think governments want to give outlooks for many reasons, but other charts are out there.

I would put Italy at 3-6% death rate when all data lands, there's no way it's 1%.
The stupidity of the West is unbelievable to get to this point.


[attach]Screenshot 2020-04-02 at 16.34.53.png;3596456
[/attach][attach]02 GBPUSD-4-hours.png;3596471

Trying a long again... to 1.24 again.. entry 1.23790

Tp 1 2180
Tp 2 2100

USDX

Today i get bad news because my broker cheating me. So i withdraw of my capital. I thought it was my mistake. I rarely experience this until I want to touch a margin call. it really disturbs my psychology, maybe I'll focus on my studies, will trade again when everything is normal. because I have been using the strategy for a long time and many in this forum use almost the same as my strategy. thankful for the remaining 50% of the remaining capital. My fried get same. Margin call about that 100% losses * My initial capital has been back a long time ago.