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Cable Update (GBPUSD)

  • #661,861
  • Jun 3, 2022 8:09am Jun 3, 2022 8:09am
Quoting Pat Chiko
{quote} Alternatively, maybe by moving stop closer to current price and locking profit will help to calm nervousness. Target is still long way to go {image}
I have mid point target on 1.2501 just for the RN.
im not nervous at all, this is the 4h that look scary.
  • #661,862
  • Jun 3, 2022 8:14am Jun 3, 2022 8:14am
Quoting Whale
{quote} I have mid point target on 1.2501 just for the RN.

Brilliant idea.

Maybe I close some @ 1.247 before weekend to minimise risk.

Let some carry forward trade continue till next week.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,863
  • Jun 3, 2022 8:14am Jun 3, 2022 8:14am
Quoting ScalaFX
{quote} Loading........................
Super faaaatt SHS loading forming, I see broken neckline like a stone to 1.24 then confirmation to neckline and go to 2270, that's my plan
People don't plan to lose. They lose because they don't plan.
  • #661,864
  • Jun 3, 2022 8:16am Jun 3, 2022 8:16am
Quoting Pat Chiko
{quote} Alternatively, maybe by moving stop closer to current price and locking profit will help to calm nervousness. Target is still long way to go {image}
like wise:
Attached Image (click to enlarge)
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"Exchange of hands"
  • #661,865
  • Jun 3, 2022 8:17am Jun 3, 2022 8:17am
Quoting mrpips911
Sell entered, SL @ 1.2591 TP @1.23356 Reason: M15 BBMA rejection off mahi extreme + yd high rejection
Took 50% off for coffee, stop to B/E & letting the rest run to its heart's desire.
Just a Tiger hunting Bulls & Bears.
  • #661,866
  • Jun 3, 2022 8:21am Jun 3, 2022 8:21am
It was great week for trading. Who has which results???
  • #661,867
  • Jun 3, 2022 8:30am Jun 3, 2022 8:30am
Quoting AndAnd
It was great week for trading. Who has which results???


Focus On The Process Not The Result…

If You get the process you will get the Result and Enjoy…

Whose Lines are these ?
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,868
  • Jun 3, 2022 8:33am Jun 3, 2022 8:33am
Quoting Pat Chiko
{quote} Focus On The Process Not The Result… If You get the process you will get the Result and Enjoy… Whose Lines are these ?
Joel Embid?
  • #661,869
  • Jun 3, 2022 8:34am Jun 3, 2022 8:34am
The PA has done reasonably well.
I expect retrace above 2505
Intraday only.
  • #661,870
  • Jun 3, 2022 8:40am Jun 3, 2022 8:40am
Quoting Pat Chiko
{quote} Focus On The Process Not The Result… If You get the process you will get the Result and Enjoy… Whose Lines are these ?
Nick Saban??
  • #661,871
  • Jun 3, 2022 8:42am Jun 3, 2022 8:42am
Quoting AndAnd
{quote} Nick Saban??
Reece Robertson
  • #661,872
  • Jun 3, 2022 8:44am Jun 3, 2022 8:44am
Quoting navk
The PA has done reasonably well. I expect retrace above 2505
Need a drop below 12500 for close today for bears to carry on Monday

took hit switched to short open tp SL 12590
Insane in the Brain..
  • #661,873
  • Jun 3, 2022 8:46am Jun 3, 2022 8:46am
Quoting Pat Chiko
{quote} Focus On The Process Not The Result… If You get the process you will get the Result and Enjoy… Whose Lines are these ?

Sorry,

I messed up with lines.................

This is exact line.

Attached Image (click to enlarge)
Click to Enlarge Name: dhoni.jpg Size: 61 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,874
  • Jun 3, 2022 8:48am Jun 3, 2022 8:48am
So many variants who told these words.
  • #661,875
  • Jun 3, 2022 8:52am Jun 3, 2022 8:52am
Quoting gespiri
{image} {quote} I'm actually thinking about selling it. I see this going all the way down to 19000 or....worse case scenario is 8000.

I was thinking similar but the support it has here is quite big and USD would really need to rally, with the euro being so low I don't think this drop is on???

but I'm in trouble here with cable so I would think like this..haha
  • #661,876
  • Jun 3, 2022 8:55am Jun 3, 2022 8:55am
Quoting Pat Chiko
{quote} Sorry, I messed up with lines................. This is exact line. {image}
When I take the results to the bank they get processed...
Tall tails tell tales.
  • #661,877
  • Jun 3, 2022 9:03am Jun 3, 2022 9:03am
bearish gbpusd now
  • #661,878
  • Jun 3, 2022 9:06am Jun 3, 2022 9:06am
Quoting Pat Chiko
{quote} Alternatively, maybe by moving stop closer to current price and locking profit will help to calm nervousness. Target is still long way to go {image}
GU

Partial close for the weekends.

Carry forward trade in positive stop until next week

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #661,879
  • Jun 3, 2022 9:06am Jun 3, 2022 9:06am
Ok.
so like i posted yesterday the up move was b of B (yellow) wave.
now the question is how deep?
idk.
Attached Image (click to enlarge)
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  • #661,880
  • Jun 3, 2022 9:08am Jun 3, 2022 9:08am
Quoting Georginson
{quote} Now I'm going bearish biased. 1.2495 got broken to 1.2458. This opens path way to 1.21 - 1.22 area. I will be selling at every retracement. Unless 1.2700 is miraculously attained then will I give up on selling at every retracement to 1.21 - 1.22 area.
I'm gutted that my sold entry from 1.2535 got stopped out yesterday at 1.2570 and here we are again at 1.249+.

As far as price fails to break 1.2670, the bears will have a go to 1.21 - 1.22 This June only a break and weekly close above 1.2670 will invalidate 1.21 - 1.22 This June.

I need to work more on the use of Stops...

Have a great weekend guys,

Cheers,
George.
Data + Stat + Risk/Emotions Management
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