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Cable Update (GBPUSD)

up up up
Quoting Wavegarrick
{quote} Hi Guys, Price action really sucks and there has been no continuity in price flow. I still remain in a short cycle and added short trades on the retrace towards the confluence of my 61.8% fib retrace and monthly pivot at 1.39266 and all trades currently locked in. FOMC could be a game-changer and one of the few events I take note of. Trade safe. Cheers {image}
Hi Guys,
Unfortunately, Fomc took my sell trail stops for a small profit on Wednesday the 17th. I was almost convinced that we could swing to the top provided we broke 1.4000 with a daily close above. It did not happen and I sat out yesterday...Too many if's. Today it became more clear and I got in with the mid-round number at 1.39500 and also the 50% fib retrace of the Fomc upmove and the 38.2% Fib retrace of the recent swing high to swing low. Thanks, Shahab8. I am learning immensely from you. I am also in a down cycle, so this gave me great confidence in pulling the trigger. Some of you may know that I am in for the long haul and I have all trades of today locked in with a small profit. I would like to see a weekly and daily close below 1.39000 and preferably below 1.3800. I believe this pair has immense scope to move down further. We shall see.
Have a great weekend Guys,
Cheers.
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Trade to trade another day
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added sell 1.3854
dolce vita
Quoting Sang.Real
{quote} {image}
No I'm not having a go. Just That last week he was on for a good weekend and he took that one extra trade and it was not so good weekend.
Don't trade what you think. Just what you see!!!
Quoting RCtrader
Who knew it was going to dip that much. I wish I had sent my bears to ride the fall.

Hahahaha...it can be annoying sometimes. I also exited a good order early. But the thing is, I don't plan to catch all the he moves in the market...I take my chunk and leave
Quoting Theoak
Can't beat them join them!!! Out 2 pips join bear ride to get to the lows {image}
Short t previous lows
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Don't trade what you think. Just what you see!!!
approaching buy zone.

waiting to break 3830
Intraday only.
Quoting navk
approaching buy zone. waiting to break 3830
How low do you expect it to drop?
This is the first time since November the FF Long-short ratio will be over 52%.
Load the shorts..........
Patience.....
Quoting Ehsank78
{quote} How low do you expect it to drop?
it is usual for the price to retest the lows or highs before retrace/reversal
Intraday only.
I need some advice on patience..

I’ve exited early before TP reached so many times this week, like today I had a solid sell in place at 1.39300 with TP set at 1.38500 but took profit before the massive drop down. I guess I need to identify true reversals better. I usually pay too much attention to the 5m & 1m when in a trade which can give too many false signals. Any advice on this?

I’d love to be able to let a trade run and not stare at the charts but I can’t help monitoring it.

Ironically my best trades all come in the Asian session when I’m asleep
Quoting Theoak
{quote} No I'm not having a go. Just That last week he was on for a good weekend and he took that one extra trade and it was not so good weekend.
He enjoy trading

He enjoy the adrenalines flowing.

For scalping , he will be ok, but not when he got married to the trade.


Sang Real
Quoting Sang.Real
{quote} GU Adjusting target setup Scalping {image}

GU

Let get some money for Camel food for the weekends


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Quoting Sang.Real
{quote} He enjoy trading He enjoy the adrenalines flowing. For scalping , he will be ok, but not when he got married to the trade. Sang Real
Okay Bud. Will we get any winners on the Donkey Derby this weekend.

Biggest horse race today in UK -Cheltenham Gold Cup - Minella Indo wins
Don't trade what you think. Just what you see!!!
Quoting genadi
up up up
up up up
Quoting Theoak
{quote} Okay Bud. Will we get any winners on the Donkey Derby this weekend. Biggest horse race today in UK -Cheltenham Gold Cup - Minella Indo wins
Went downtown earlier to get some Camel supplies.

Happy for the first time I got Valet parking.

18 years , my lucky day.




P/S What do you call the Valet Driver in English ? The driver is girl.
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Quoting Sang.Real
{quote} Went downtown earlier to get some Camel supplies. Happy for the first time I got Valet parking. 18 years , my lucky day. P/S What do you call the Valet Driver in English ? {image}
Me too!!!
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Don't trade what you think. Just what you see!!!
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Quoting Sang.Real
{quote} Went downtown earlier to get some Camel supplies. Happy for the first time I got Valet parking. 18 years , my lucky day. P/S What do you call the Valet Driver in English ? The driver is girl. {image}

Here she is.

The Valet driver. I asked her to open her mask, so she can smile to all of you.

My camel, is wearing masked to avoid covid.

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