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Cable Update (GBPUSD)

  • #640,901
  • Nov 22, 2021 2:35pm Nov 22, 2021 2:35pm
Chickened out and took profits early from GU sells. I was a bit over-leveraged. I will post my track record soon
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  • #640,902
  • Nov 22, 2021 2:36pm Nov 22, 2021 2:36pm
POSTMASTER
  • #640,903
  • Nov 22, 2021 2:37pm Nov 22, 2021 2:37pm
Quoting Erebus
{quote} 0.6920 is too much, it has moved pretty much 63 pips which is the ADR(10) to 0.6952 USD strong because of Powell nomination for Fed chairman Cheers
Could be both reasons, as we are down since last week.
If price is sliding due to Powells nomination, then we possibly will continue down till Wed, then is Thanksgiving.
  • #640,904
  • Nov 22, 2021 2:40pm Nov 22, 2021 2:40pm
Quoting Robinhood1
Fasten your seat belts Ladies & Gentlemen {image}
Buying? I'm not confident to buy until we reach 128. Lost too much bying high.
  • #640,905
  • Nov 22, 2021 2:42pm Nov 22, 2021 2:42pm
Quoting Nordling00
Chickened out and took profits early from GU sells. I was a bit over-leveraged. I will post my track record soon
Market is playing with our minds.
Never certain. Also thinking wheather to close soon, or wait. My TP set at 13305.
  • #640,906
  • Nov 22, 2021 2:52pm Nov 22, 2021 2:52pm
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Added weekly and monthly ranges to the ATR chart. Sometimes, I am a little slow...LOL! Cheers.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #640,907
  • Nov 22, 2021 3:00pm Nov 22, 2021 3:00pm
Quoting Jolita
{quote} Could be both reasons, as we are down since last week. If price is sliding due to Powells nomination, then we possibly will continue down till Wed, then is Thanksgiving.
Let's put it to a vote; you are familiar with the Dollar Index I assume?

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It takes a lot for me to IGNORE you, but you can try.
  • #640,908
  • Nov 22, 2021 3:06pm Nov 22, 2021 3:06pm
Quoting Jolita
{quote} Market is playing with our minds. Never certain. Also thinking wheather to close soon, or wait. My TP set at 13305.
US GDP numbers are coming up in Wednesday so i thought it will be risky to keep my positions open. Well with doing that i may also gave up on possible profits too but i won't regret it. Bird in the cage is always better than the one's in the tree.

I feel old now, recently turned 21 but already started to avoid risk. I wasn't like that before

Btw market is really playing with our minds, remember the last Friday. What was it all about? I freaked out when i saw those profits but freaked out more when they all vanished afternoon
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  • #640,909
  • Nov 22, 2021 3:17pm Nov 22, 2021 3:17pm
Quoting Erebus
{quote} Let's put it to a vote; you are familiar with the Dollar Index I assume? {image}
Very nice chart layout and useful instruments. I like your strenght meter and the trend (arrow) indicator.
Yes, I monitor dollar index.
  • #640,910
  • Nov 22, 2021 3:18pm Nov 22, 2021 3:18pm
GU
Attached Image (click to enlarge)
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Did you place your stop loss order? Why not?!? Story of my life...
  • #640,911
  • Nov 22, 2021 3:30pm Nov 22, 2021 3:30pm
Quoting Nordling00
{quote} US GDP numbers are coming up in Wednesday so i thought it will be risky to keep my positions open. Well with doing that i may also gave up on possible profits too but i won't regret it. Bird in the cage is always better than the one's in the tree. I feel old now, recently turned 21 but already started to avoid risk. I wasn't like that before Btw market is really playing with our minds, remember the last Friday. What was it all about? I freaked out when i saw those profits but freaked out more when they all vanished...
oh man, wish i was 21 years old...
  • #640,912
  • Nov 22, 2021 3:32pm Nov 22, 2021 3:32pm
Quoting Erebus
{quote} Let's put it to a vote; you are familiar with the Dollar Index I assume? {image}

I would like 6850 by the end of this week.
Where you would say we will end this week?

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  • #640,913
  • Nov 22, 2021 3:50pm Nov 22, 2021 3:50pm
Quoting genadi
{quote} oh man, wish i was 21 years old...
And i wish i was 30-40 years old. You guys must be enjoying the life. I can't enjoy mine truly. Of course as youngsters we do some fun stuff but even in parties, clubs and bars my mind is on Forex, actually on my future. I just can’t stop thinking about when i am going to get financially free. I am wondering that and working for that everyday. The amount of stress i had for years is sometimes unbearable really. Also add living in Turkey on top of that. 10 years ago when i was a kid USDTRY was 1.50 now it is 11.50. Our purchasing power is so low, and i am not used to that. Unemployment is also so high. And the worst part is i was a kid and i couldn't do anything about it. Yet i am lucky i have seen the worst crisis in Turkey's history and also a pandemic. So now i know how to deal with all kinds of crisis. Knowing these stuff is useful but my youth is ruined. I had to grew up quick.

Also my personal life and relationships are a mess too.
You have to have an IQ higher than 90 to interact with this user.
  • #640,914
  • Nov 22, 2021 3:57pm Nov 22, 2021 3:57pm
Quoting Nordling00
{quote} US GDP numbers are coming up in Wednesday so i thought it will be risky to keep my positions open. Well with doing that i may also gave up on possible profits too but i won't regret it. Bird in the cage is always better than the one's in the tree. I feel old now, recently turned 21 but already started to avoid risk. I wasn't like that before Btw market is really playing with our minds, remember the last Friday. What was it all about? I freaked out when i saw those profits but freaked out more when they all vanished...
To hear clink clink is always better then to let it go. Any profit is profit.

Happy 21! I wish you amazing future and v. successful trading years ahead
  • #640,915
  • Nov 22, 2021 4:01pm Nov 22, 2021 4:01pm
Quoting Jolita
{quote} To hear clink clink is always better then to let it go. Any profit is profit. Happy 21! I wish you amazing future and v. successful trading years ahead
Aw thank you so much! Same goes for you, have successful and happy, stress-free years ahead!
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  • #640,916
  • Nov 22, 2021 4:01pm Nov 22, 2021 4:01pm
Quoting Nordling00
{quote} And i wish i was 30-40 years old. You guys must be enjoying the life. I can't enjoy mine truly. Of course as youngsters we do some fun stuff but even in parties, clubs and bars my mind is on Forex, actually on my future. I just can’t stop thinking about when i am going to get financially free. I am wondering that and working for that everyday. The amount of stress i had for years is sometimes unbearable really. Also add living in Turkey on top of that. 10 years ago when i was a kid USDTRY was 1.50 now it is 11.50. Our purchasing power is...
Don't be so upset. You are smart, you will get there. Future is yours. And don't be so upset about Turkey, it is definitely not the best option in the world to grow up, but it is far better than vast majority of the world. I grew up in collapsed Evil Empire and still made it, and so will you.

Just be patient, life is yours to conquer.

  • #640,917
  • Nov 22, 2021 4:10pm Nov 22, 2021 4:10pm
Quoting Jolita
{quote} I would like 6850 by the end of this week. Where you would say we will end this week? {image}
That would make an incredible weekly candle; the "average" weekly and monthly ranges suggest the previous support area as a target

We should be posting in the NZDUSD thread probably

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It takes a lot for me to IGNORE you, but you can try.
  • #640,918
  • Nov 22, 2021 4:13pm Nov 22, 2021 4:13pm
Quoting genadi
{quote} Don't be so upset. You are smart, you will get there. Future is yours. And don't be so upset about Turkey, it is definitely not the best option in the world to grow up, but it is far better than vast majority of the world. I grew up in collapsed Evil Empire and still made it, and so will you. Just be patient, life is yours to conquer.
Thank you for these wise words and encouragement buddy, i really needed to hear that!
You have to have an IQ higher than 90 to interact with this user.
  • #640,919
  • Nov 22, 2021 4:48pm Nov 22, 2021 4:48pm
Quoting Erebus
{quote} That would make an incredible weekly candle; the "average" weekly and monthly ranges suggest the previous support area as a target We should be posting in the NZDUSD thread probably {image}
Yet, another nice chart!

Yes, low of 6877 predicted in the article, also the oposite possible, depends on fundamentals. We will find out more on Wednesday.
Lots of space downwards on monthly, if we brake 6900.

Good luck to you

https://www.dailyfx.com/forex/fundam...-for-2021.html
  • #640,920
  • Nov 22, 2021 5:49pm Nov 22, 2021 5:49pm
Quoting Nordling00
{quote} US GDP numbers are coming up in Wednesday so i thought it will be risky to keep my positions open. Well with doing that i may also gave up on possible profits too but i won't regret it. Bird in the cage is always better than the one's in the tree. I feel old now, recently turned 21 but already started to avoid risk. I wasn't like that before Btw market is really playing with our minds, remember the last Friday. What was it all about? I freaked out when i saw those profits but freaked out more when they all vanished...
Happy Birthday Kid
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