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Cable Update (GBPUSD)

  • #659,641
  • May 18, 2022 12:55pm May 18, 2022 12:55pm
Quoting mtako
{quote} And now I start selling seriously. Sell stop 2463, and then at every 30mopen-2ticks, as long as its <2466, and till volatility drops enough.
Quoting mtako
{quote}Ongoing{quote}
Done at last my rare 30min adventure! Last of many positions was at 2371, this 30min open...Patience Time now...
Quoting mtako
My last main still open short move
Quoting mtako
{quote} Lost that one with the 1H BO of >3030(-39), now finally selling again Sold 3112.
, happened at the failure to push beyond this level and I am excited to see how it will fare this time around. That is why, among other reasons of course, for the second time in this move, I am being a little more aggressive like I was at >.31 just a little over a month ago. Nice moves GU. If this is the end of it all, just want to say, I this good time we had this last month, and every second of it {image}
Quoting Whale
Chickens.. long @1.236
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,642
  • May 18, 2022 1:04pm May 18, 2022 1:04pm
i recodnised this move yesterday but acted against it
stupip stupit stupit
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it's all on the chart , i need to stop telling the market where it want to go
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yes yes yes
  • #659,643
  • May 18, 2022 1:06pm May 18, 2022 1:06pm
Quoting Whale
Chickens.. long @1.236
white flag
its over

good night guys
  • #659,644
  • May 18, 2022 1:10pm May 18, 2022 1:10pm
Quoting Moty
i recodnised this move yesterday but acted against it stupip stupit stupit {image} it's all on the chart , i need to stop telling the market where it want to go {image}
I have wanted to copy this chart for you with this tree arrows but you maked it for your own, a few days earlier you posted that works good for you, today you are trading against your system
People don't plan to lose. They lose because they don't plan.
  • #659,645
  • May 18, 2022 1:15pm May 18, 2022 1:15pm
Quoting ScalaFX
{quote} I have wanted to copy this chart for you with this tree arrows but you maked it for your own, a few days earlier you posted that works good for you, today you are trading against your system
Break of band, strong.. and R zone
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People don't plan to lose. They lose because they don't plan.
  • #659,646
  • May 18, 2022 1:19pm May 18, 2022 1:19pm
Quoting Moty
i recodnised this move yesterday but acted against it stupip stupit stupit {image} it's all on the chart , i need to stop telling the market where it want to go {image}
I say well done Moty, and with all seriousness ! We all know how losses are part of it. Without them, we are not taking risk, and are not having wins. Recognizing it like you do means you have learned with even greater strength what how you will react the next time a similar situation occurs and, therefore, I see it like a win, not a loss. My late night thoughts which I repeatedly have for myself also. Cheers Moty, king of the hammer !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,647
  • May 18, 2022 1:21pm May 18, 2022 1:21pm
Quoting mtako
{quote} I say well done Moty, and with all seriousness ! We all know how losses are part of it. Without them, we are not taking risk, and are not having wins. Recognizing it like you do means you have learned with even greater strength what how you will react the next time a similar situation occurs and, therefore, I see it like a win, not a loss. My late night thoughts which I repeatedly have for myself also. Cheers Moty, king of the hammer ! {image}
Yes exactly well said! Like always mtako Every fall teach us something new and discipline us, cheers!
People don't plan to lose. They lose because they don't plan.
  • #659,648
  • May 18, 2022 1:23pm May 18, 2022 1:23pm
My longs are a 50 pips under however I’m still in overall profit for the day so will persist with it for the time being. 125 still my tp
Insane in the Brain..
  • #659,649
  • May 18, 2022 1:32pm May 18, 2022 1:32pm
Quoting mtako
{quote} I say well done Moty, and with all seriousness ! We all know how losses are part of it. Without them, we are not taking risk, and are not having wins. Recognizing it like you do means you have learned with even greater strength what how you will react the next time a similar situation occurs and, therefore, I see it like a win, not a loss. My late night thoughts which I repeatedly have for myself also. Cheers Moty, king of the hammer ! {image}
Your pictures are so beautiful and funny. Are you some sort of artist?
  • #659,650
  • May 18, 2022 1:33pm May 18, 2022 1:33pm
Quoting BeeTogether
My longs are a 50 pips under however I’m still in overall profit for the day so will persist with it for the time being. 125 still my tp
I am right there with you mate, but the other way around !In profit with GU, but with shorts going >100 under



I hope we get some special ranging just for us so we can both get our piece of cake AND eat it too!

Quoting Mitiblotch
{quote} Your pictures are so beautiful and funny. Are you some sort of artist?
thanks mate!, but no. Just scraping these off the web in between trades. A funny, lighthearted mood helps me focus and better follow my trading rules. Here, I hope to share some with those who could benefit from similar effect, or just to add to the good time
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,651
  • May 18, 2022 1:43pm May 18, 2022 1:43pm
Determinant 1H low getting broken with heightened volatility !!!!!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,652
  • May 18, 2022 1:44pm May 18, 2022 1:44pm
my graph came back clean again, anyway sL part of the rescue when something went wrong
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  • #659,653
  • May 18, 2022 1:51pm May 18, 2022 1:51pm
Quoting mtako
Selling here again.
Quoting mtako
{quote}dynamic SL now at 2375, securing 11pips. TP now at 2341...
Got out of this one early +35
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,654
  • May 18, 2022 1:53pm May 18, 2022 1:53pm
Quoting Haydel
High chance that my TP will be hit. We'll see. Who knows what after that, but, my bias is still looking for shorts, maybe tomorrow. We'll see. {image}
Targget hit for +59 pips.
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  • #659,655
  • May 18, 2022 1:55pm May 18, 2022 1:55pm
Not looking too good for the bulls…
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Insane in the Brain..
  • #659,656
  • May 18, 2022 1:56pm May 18, 2022 1:56pm
Quoting ScalaFX
{quote} Yes, thats why im taken 50% from my all positions earlier, now have only secured shorts 2490-2500, when hit I will switch to long
SL for all my positions now 2400, profit locked, fingers crossed for 1.2280 or 2260, there will be another hard decision, long or more dump..
People don't plan to lose. They lose because they don't plan.
  • #659,657
  • May 18, 2022 2:05pm May 18, 2022 2:05pm
Quoting BeeTogether
Not looking too good for the bulls… {image}
I think bull meat will get cooked. Lol

Usually goes roughly 740 pips per month on average. From 2640 (high of the month) price might hit 1960 area or slightly below. I don't want to deceive myself. There isn't any good argument for bulls now. Tomorrow I will cut my loss around 237-8 area. I personally don't see this rising. If this is to rise then it should go and break the monthly pivot at 2719 which I do not see happening.

Verdict: down it is until proven otherwise.
  • #659,658
  • May 18, 2022 2:11pm May 18, 2022 2:11pm
Quoting Whale
{quote} wait and see. lets say GU 1.2326. pin this number.


great call
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yes yes yes
  • #659,659
  • May 18, 2022 2:14pm May 18, 2022 2:14pm
Tomorrow is another day.
I see this rising from 2340 to 2400 in Asia
For me.
Intraday only.
  • #659,660
  • May 18, 2022 2:31pm May 18, 2022 2:31pm
Only one last manual trade, with its simple evolution :
Quoting mtako
Well done bulls winning round 1 of us, Round 2 now ! Selling !
Quoting mtako
Times up! no more tolerance for this ridiculous ranging that, I admit, will probably last forever anyways{quote}Entry was 24264, SL now 1.2399999999999999. Be over you bloody .24 or I will finally find a way to bewitch you !{quote}
Quoting mtako
...Dynamic SL now at 2385 (high of this 1H), TP depends on .2340s reaction, if we get there.{quote}Common bears, just one last little push to show us that you really care !
Dynamic SL now at 2361, securing +65. Over 2361 = end day ranging anyhow and would take me out...
Quoting mtako
{quote}{quote}As am I! Problem is this level gave me a lot of fighting for my shorts last month: +-2410 is big support level, see the low of the 2nd half of the 28th of last month , that put a sudden stop from the straight +600pips drop. Day has to close clear of that for me to congratulate our bears ! <2350 my best case scenario. Worst case >2440, to which we are dangerously close. But I prepared another 2480s testing nonetheless,...
Best case for my own trading reached today ! Very proud of having followed my rules to the tee, no matter the outcome! Now I will get alerted if>2380 or if <2335 gets hit and that 1H candle hitting it does NOT close below it, since that would force me to close a few shorts. Oh, look, so close, ok Ill stay awake a bit more just in case
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
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