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Cable Update (GBPUSD)

  • #663,201
  • Jun 13, 2022 12:29am Jun 13, 2022 12:29am
DDo not buy cable blindly
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  • #663,202
  • Jun 13, 2022 12:52am Jun 13, 2022 12:52am
Quoting PatienceFx
DDo not buy cable blindly {image} {image}
i have a very bad habit of trading like this idiot
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  • #663,203
  • Jun 13, 2022 12:57am Jun 13, 2022 12:57am
2 mins to data. Please give me a spike!
  • #663,204
  • Jun 13, 2022 12:58am Jun 13, 2022 12:58am
Quoting Mitiblotch
2 mins to data. Please give me a spike!
take viagra, guaranteed results
  • #663,205
  • Jun 13, 2022 1:04am Jun 13, 2022 1:04am
Buckle up here we go....
average dude treading water
  • #663,206
  • Jun 13, 2022 1:04am Jun 13, 2022 1:04am
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  • #663,207
  • Jun 13, 2022 1:08am Jun 13, 2022 1:08am
i had no choice, i sold at gun point
  • #663,208
  • Jun 13, 2022 1:10am Jun 13, 2022 1:10am
Quoting PatienceFx
{quote} atleast decorate it {image}
Love this version more. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #663,209
  • Jun 13, 2022 1:16am Jun 13, 2022 1:16am
Last low was 2216....hoping for a retest
average dude treading water
  • #663,210
  • Jun 13, 2022 1:18am Jun 13, 2022 1:18am
G/M, pullback from 2261 and the dump after the pump had started before the worse than expected Uk data.

This is what I am seeing @/below current price;
2253 Midpoint of Yrly S2 & Yrly S3
2245-35 prev 1hr sw lo zone = prev supp = pot supp
NB: Above two zones partly coexistent with a once disrespected (as pot sbr) prev dly sw hi/lo zone 2290-2252
2232-17 prev 1hr/4hr sw lo zone = prev supp = pot supp, incl 2232 = Dly S1, & 2229=
85.4% 2155-2666
2204 Wkly S1
2187-55 prev 4hr/dly/minor wkly sw lo zone = prev supp = pot supp incl
Circa 2185 (on mon’s dly candle) asc t/line joining 1410 with 2166. 2158 = Dly S2
NB: This zone is coexistent with the mthly part of a prev dly/wkly/mthly sw lo zone down to 2074 = prev supp = pot supp, dly part starts circa 2165. Incl 2077 = 76.4% 1410-4249)
Trader with an Edge.
  • #663,211
  • Jun 13, 2022 1:18am Jun 13, 2022 1:18am
Quoting Mitiblotch
Monday, one-way traffic day! So a sell. But I am still in my 2210 buy hoping that Asia would buy, but no they sold. Daily pivot is far away at 2380. I doubt we can even reach that. Oh dear!
GU is tanking big time bro. The red data shows how weak it is too.
Insane in the Brain..
  • #663,212
  • Jun 13, 2022 1:19am Jun 13, 2022 1:19am
given Wednesday FOMC we have a chance to visit 2230 / 2190 ; on weekly it is 2075
  • #663,213
  • Jun 13, 2022 1:22am Jun 13, 2022 1:22am
I may be wrong but why are people still buying in this heavily down trend, this exactly how i used to trade some years ago and will be loosing my account every time.

Even if you are buying then your stops must be tight but yet still you might end up giving so much in stops so many times and it's not worth it.

When a trend as reveal itself you don't fight it, soar like the eagle, go with the wind, don't fight the ocean current.

You can do this if the market was ranging but please stop, don't wash away your gains you've made in weeks or days.

Even if you are scalping for 10 pips it will be much easier if you go with the trend. NEVER STAND BEFORE A MOVING TRAIN.

Wait for buy it will come even if you enter late at least is much better than entering early to lose. Cheers.

Don't do like the old me. Lols
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #663,214
  • Jun 13, 2022 1:24am Jun 13, 2022 1:24am
Quoting martinez1
... Even if you are scalping for 10 pips it will be much easier if you go with the trend. NEVER STAND BEFORE A MOVING TRAIN. Wait for buy it will come even if you enter late at least is much better than entering early to lose. Cheers. Don't do like the old me. Lols
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #663,215
  • Jun 13, 2022 1:27am Jun 13, 2022 1:27am
Quoting TooSlow
{quote} {image}
Hahahahahahahahah, Wow, Tom just did that, did he survive? maybe we can ask him how he did it. Lols
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #663,216
  • Jun 13, 2022 1:28am Jun 13, 2022 1:28am
Quoting martinez1
I may be wrong but why are people still buying in this heavily down trend, this exactly how i used to trade some years ago and will be loosing my account every time. Even if you are buying then your stops must be tight but yet still you might end up giving so much in stops so many times and it's not worth it. When a trend as reveal itself you don't fight it, soar like the eagle, go with the wind, don't fight the ocean current. You can do this if the market was ranging but please stop, don't wash away your gains you've made in weeks or days. Even...

  1. UK is an island
  2. USA is a continent
  3. Oil is sold in USD

rest is common sense

  • #663,217
  • Jun 13, 2022 1:32am Jun 13, 2022 1:32am
... those are bad economic numbers for the Uk. The fears of slipping into recession will be gathering pace after those.

1hr below
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Trader with an Edge.
  • #663,218
  • Jun 13, 2022 1:37am Jun 13, 2022 1:37am
Quoting Headland
... those are bad economic numbers for the Uk. The fears of slipping into recession will be gathering pace after those. 1hr below {image}
so the data which will guide us this week is

  1. bad uk data
  2. bad us cpi
  3. fomc on Wednesday

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  • #663,219
  • Jun 13, 2022 1:37am Jun 13, 2022 1:37am
Price is far away for possible buy opportunity.
not trading GU today in this situation.
  • #663,220
  • Jun 13, 2022 1:38am Jun 13, 2022 1:38am
Quoting PatienceFx
{quote} so the data which will guide us this week is bad uk data bad us cpi fomc on Wednesday
Yeah here really:

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