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Cable Update (GBPUSD)

  • #548,401
  • Sep 16, 2020 3:53am Sep 16, 2020 3:53am
Quoting gatenio
{quote} or my sl to be and they go without me lol
Not trading this pair for a while so wishing you all the best.... gambate! (good luck!)
Emotional Control. Process, not outcome.
  • #548,402
  • Sep 16, 2020 3:56am Sep 16, 2020 3:56am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 54 KB
yes yes yes
  • #548,403
  • Sep 16, 2020 3:58am Sep 16, 2020 3:58am
Smiles
It is all about the foreign exchange market.
  • #548,404
  • Sep 16, 2020 4:01am Sep 16, 2020 4:01am
Quoting epzero
{quote} the end will justify the beginning
Just out of interest epzero (call it educational purposes), what was your reason for NOT going long?
Emotional Control. Process, not outcome.
  • #548,405
  • Sep 16, 2020 4:09am Sep 16, 2020 4:09am
Quoting gatenio
nothing should stop us to R1 {image}

Ive strated calling the BUY @ 1.28837, and would get out now ( 1.2913), due to nature of the phase we are in, but I have a good line i trust on 1.2926, but would jump out on 1.2922, afraid dealers would turn it before then
  • #548,406
  • Sep 16, 2020 4:10am Sep 16, 2020 4:10am
Quoting Moty
{image}
Bro will GU move up?
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200916_160941.jpg Size: 155 KB
this is my setup
  • #548,407
  • Sep 16, 2020 4:11am Sep 16, 2020 4:11am
Positioning ahead of FOMC started on Monday and indicates weaker dollar but I am not sure. Fed is very dovish already (and this is priced in), I doubt they will introduce more dovish measures today. So EUR/gold/GBP is likely to rise at least until US session and possibly until Fed, but this may be a bulls trap.

BOE meeting tomorrow, on the other hand, may be quite dovish. Don't think they will cut the rates just yet, but economy is in bad place, and they have to address it (or at least admit it).
  • #548,408
  • Sep 16, 2020 4:24am Sep 16, 2020 4:24am
Quoting Prongsjiisan
{quote} Bro will GU move up?{image}this is my setup
most of my tp is at 1.29250 .
if it break , it will pull back , and then i will re enter
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 35 KB
yes yes yes
  • #548,409
  • Sep 16, 2020 4:31am Sep 16, 2020 4:31am
G/M, ...slow market so far...upside break of desc 4hr t/line .....rising wedge on 1hr...zone to y/day's hi the next upside obstacle then what remains of that prev 4hr sw lo zone to 2936 with 2 x fibs @ 2932. Weekly Pivot and Daily R1 above there. 2966-75 a 3 fib cluster. Only 36% of 30day adr travelled so far today.
Trader with an Edge.
  • #548,410
  • Sep 16, 2020 4:38am Sep 16, 2020 4:38am
Quoting corongumet
Its possible for Taking Profit. Im out for today 1.2995 {image}
Long and long, and then short. And long again to 1.31-1.32
  • #548,411
  • Sep 16, 2020 4:43am Sep 16, 2020 4:43am
Quoting gatenio
nothing should stop us to R1 {image}
yes, another 10 pips to R1

And then a small pull back
Intraday only.
  • #548,412
  • Sep 16, 2020 4:44am Sep 16, 2020 4:44am
Quoting gatenio
nothing should stop us to R1 {image}
close at 2930

done for london.
  • #548,413
  • Sep 16, 2020 4:49am Sep 16, 2020 4:49am
Quoting gatenio
nothing should stop us to R1 {image}


Congrats !

Nice trade

I must learn to leave trades longer....
  • #548,414
  • Sep 16, 2020 4:50am Sep 16, 2020 4:50am
What a short squeeze!!!!
  • #548,415
  • Sep 16, 2020 4:54am Sep 16, 2020 4:54am
Quoting Torzone
What a short squeeze!!!!
I want sell for short selling @1.2995
  • #548,416
  • Sep 16, 2020 4:55am Sep 16, 2020 4:55am
almost all out !!!!
1100 $ equity .
withdrawal 600 $
i was 0.5 loted
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 33 KB
yes yes yes
  • #548,417
  • Sep 16, 2020 4:57am Sep 16, 2020 4:57am
Quoting Moty
almost all out !!!! 1100 $ equity . withdrawal 600 $ i was 0.5 loted {image}
Good job mate and be carefull about MM.
  • #548,418
  • Sep 16, 2020 4:59am Sep 16, 2020 4:59am
Quoting Moty
almost all out !!!! 1100 $ equity . withdrawal 600 $ i was 0.5 loted {image}

Well done Moty !!!

me thinks it might hit 1.2964, and then later 1.2987

Lets see
  • #548,419
  • Sep 16, 2020 5:01am Sep 16, 2020 5:01am
Quoting Headland
G/M, ...slow market so far...upside break of desc 4hr t/line .....rising wedge on 1hr...zone to y/day's hi the next upside obstacle then what remains of that prev 4hr sw lo zone to 2936 with 2 x fibs @ 2932. Weekly Pivot and Daily R1 above there. 2966-75 a 3 fib cluster. Only 36% of 30day adr travelled so far today.

1hr bull thrust close - wedge breaks to upside -steep move up...above that 3 fib cluster a prev minor 1hr/4hr sw lo 2977-88 with 2988 Dly R2. 30 day adr hi off the current lo is 3002...with a 52.2% chance of reaching it based on last 30 trading days.
Trader with an Edge.
  • #548,420
  • Sep 16, 2020 5:03am Sep 16, 2020 5:03am
Quoting BitcoinBoff
{quote} Hi Viki, Read my reply for Moty its an emotional thing, learn to walk away from the screen, recognize the " tilt mode" coming, and just step away My rule is to just switch off once i win / lost, and come back much later, when im myself again This" tilt mode traps" are as old as the mountain in any money gaming learn to stay away by making it a motor function to walk away after wins /losses, the markets are always there later with more Again, go watch Jessie livermore's story on youtube, every time I think im back in control, i remind myself...

yeah...emotion control...or just uninstall the app if you really out of control XD
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