Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#646,661
Jan 3, 2022 5:23am Jan 3, 2022 5:23am

palpite
Joined Sep 2015 | Status: Under Pressure | 4,596 Posts

sell - 1.3520

Together we can be strongest

Vantage Return This Month: na

#646,662
Jan 3, 2022 5:24am Jan 3, 2022 5:24am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

These pairs take some time to reverse. could remain in a narrow ranging area for a while

POSTMASTER

#646,663
Jan 3, 2022 5:26am Jan 3, 2022 5:26am

Ihlas
Joined Nov 2020 | Status: Trader | 2,634 Posts

Quoting Robinhood1

Disliked

Next profitable trade will be cable when it decides to start going south even if we have not seen the top. I am 61 pips drawdown on this one my worst position. It should reach around 12920 but again will let go 40 pips. I will be adding cadjpy and cable on th way down, not much as the strecth will be good. Swing trading ofcourse, don´t fancy getting battered back and forth. And i am positioned short EU at 11440 thinking that 11460 could be around the top

Ignored

CADJPY

#646,664
Jan 3, 2022 5:32am Jan 3, 2022 5:32am

RCtrader
Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts

Somewhat bearish due to reaching a significant trendline.
But there is more room on the upside.

GBPUSD Daily Channel

Risk Management is of utmost importance!

#646,665
Jan 3, 2022 5:49am Jan 3, 2022 5:49am

Ihlas
Joined Nov 2020 | Status: Trader | 2,634 Posts

#646,666
Jan 3, 2022 5:50am Jan 3, 2022 5:50am

babayaga
Joined Aug 2010 | Status: Trader | 5,359 Posts

I'd like to enter
with cable, gj & gold
but cannot decide
buy or sell

dolce vita

#646,667
Jan 3, 2022 6:00am Jan 3, 2022 6:00am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Georginson

Disliked

Hello guys, it's finally goodbye to super slow motion year 2021. This year 2022 is expected to have lots of fire works and swing traders will have many opportunities to explore. Now let's break the Scenarios into smaller segments... Key zones to watch this January: 1.3585, 1.3750 (upper zones) 1.3170, 1.3350 (lower zones) Scenario A: Possible High: 1.3585 Possible Low: 1.3170 Scenario B: Possible High: 1.3750 Possible Low: 1.3350 From the two above scenarios 1.3350 area is constant. Which means possibility of 1.3350 is 75%. A break and close above...

Ignored

totally agree. Uprising is starting sometime this year

https://www.armstrongeconomics.com/w...on-protesters/

POSTMASTER

#646,668
Jan 3, 2022 6:03am Jan 3, 2022 6:03am

babayaga
Joined Aug 2010 | Status: Trader | 5,359 Posts

20X20 (TP&SL)
...I bought theme

Attached Image (click to enlarge)

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dolce vita

#646,669
Jan 3, 2022 6:14am Jan 3, 2022 6:14am

kuroro001
Joined Jul 2007 | Status: Trader | 17,796 Posts

Quoting Robinhood1

Disliked

I was 50 pips drawdown at maxim short position. No pants lost. Now only 8 pips drawdown to cash in 400 pips letting go around 40 as price will reach around 86.25 Time has come for no kidding anymore or mocking, sorry {image}

Ignored

Quoting Robinhood1

Disliked

s {image}

Ignored

LOL 50 pips DD ? now 8 ? With price above 91 while your average is around 89,3?

Post of the 2022 year...for now, more to come

Please explain us some maths...or how crazy you are short on increasing lots

COT: The precious data ignored

#646,670
Jan 3, 2022 6:15am Jan 3, 2022 6:15am

Georginson
Joined Aug 2018 | Status: Research Analyst | 4,290 Posts

Quoting tauhidur

Disliked

{quote} i mean buy from this position to 1.3580

Ignored

Do not buy or sell at this position. If you have to sell, your stop loss should be 1.3605 for swing target of 1.3350.

January is usually dicey to trade, great deal of patience is required.

Data + Stat + Risk/Emotions Management

#646,671
Jan 3, 2022 6:18am Jan 3, 2022 6:18am

RCtrader
Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts

Quoting babayaga

Disliked

I'd like to enter with cable, gj & gold but cannot decide buy or sell

Ignored

If you cannot decide, it means you mustn't enter. It's very important to enter the market when you are confident the price will move in a certain direction.