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Cable Update (GBPUSD)

  • #669,241
  • Jul 13, 2022 7:18am Jul 13, 2022 7:18am
Quoting Pat Chiko
{quote} Making a choice on how to trade for CPI Data. The choice is yours. Good choice/Bad choice. {image} simple trading rule that can't save you lots of money and time trade only when the market is trending.. don't trade the crab!
My choice
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  • #669,242
  • Jul 13, 2022 7:18am Jul 13, 2022 7:18am
Quoting Pat Chiko
{quote} Making a choice on how to trade for CPI Data. The choice is yours. Good choice/Bad choice. {image}
Why is the price slowly crawling down? Because some smaller banks already started selling Pound or what? The price always does it just before the news.
  • #669,243
  • Jul 13, 2022 7:23am Jul 13, 2022 7:23am
Cheers all !
roller coaster time !
Quoting mtako
If, at any time this week, a day magically closes >1980, I will have to factor in a potential double bottom on the daily. Since we are close, and taking into account both my recent long setups as well as my old shorts, I have to factor that double bottom possibility starting at 1925: SO, if it reaches 1925, all my shorts, even my closer long-term shorts, will have their SL at BE or better....
Right smack in the middle of the storm for some of my setups!!! Let's see !
Quoting mtako
Hi folks ! Dear fellow traders ! Just saying a quick hello. Missed you guys and gals!!! {quote} {quote} {quote} Sorry for late reply mates ! It was my pleasure to hang out with you all!!! Truly ! But I dont go on ff when am not home, which I often leave in the summer, and especially when on "summer long-term positions managing only mode" Got a buy stop at .18944, 1925, 1955, back in range setup, down-shifting ranging NOT a definitive down continuance yet for me as long as price keep...
Closed all my weeks' orders and positions , letting the news dust settle first. Trade happy! We've got this chaps!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #669,244
  • Jul 13, 2022 7:23am Jul 13, 2022 7:23am
Quoting Pat Chiko
{quote} GU Closed all as we are approaching high impact CPI Data release. Shown closed and stopped out trade earlier {image}
Your UJ Positions still open? i already closed them
More time in the market, does not mean you trade better!
  • #669,245
  • Jul 13, 2022 7:24am Jul 13, 2022 7:24am
Inserted Video
POSTMASTER
  • #669,246
  • Jul 13, 2022 7:25am Jul 13, 2022 7:25am
1.19300 was c correction wave
Stupid of me not to rake profit there
Switched to short
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yes yes yes
  • #669,247
  • Jul 13, 2022 7:25am Jul 13, 2022 7:25am
Quoting Pat Chiko
{quote} Making a choice on how to trade for CPI Data. The choice is yours. Good choice/Bad choice. {image} simple trading rule that can't save you lots of money and time trade only when the market is trending.. don't trade the crab!
People don't plan to lose. They lose because they don't plan.
  • #669,248
  • Jul 13, 2022 7:26am Jul 13, 2022 7:26am
Quoting Fardeen1209
{quote} Your UJ Positions still open? i already closed them
I'm holdng it and keep it tight Stop/

Hope USD fly on CPI

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #669,249
  • Jul 13, 2022 7:26am Jul 13, 2022 7:26am
Entering seconds before news yet again. SL 5 pips.
  • #669,250
  • Jul 13, 2022 7:26am Jul 13, 2022 7:26am
..price into that prev 1hr minor sw hi now after the pullback from current dly hi - top of a prev 30min sw lo = pot sbr from Monday. Did anyone else notice the pot exp tri - pt.5 on 1min? good scalp as pot 1hr rbs is too near...Good entry if you missed the 5min reg bear div set-up short @ it's own pt 3 corresponding with 1min's pt 5...also may be the pt 5 of the 1hr exp tri? All clear? Good.

1min below
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Trader with an Edge.
  • #669,251
  • Jul 13, 2022 7:27am Jul 13, 2022 7:27am
Short eurusd 1.00700
  • #669,252
  • Jul 13, 2022 7:28am Jul 13, 2022 7:28am
Quoting Pat Chiko
{quote} I'm holdng it and keep it tight Stop/ Hope USD fly on CPI {image}
GL Then! I am also going short, just before the news, so in 1 minute. 5 pips SL who cares, one entry...
  • #669,253
  • Jul 13, 2022 7:29am Jul 13, 2022 7:29am
keep wasting my time okay
  • #669,254
  • Jul 13, 2022 7:31am Jul 13, 2022 7:31am
Finally!
After griding the top-edge we're finally rotating off.
  • #669,255
  • Jul 13, 2022 7:31am Jul 13, 2022 7:31am
Quoting Pat Chiko
{quote} Cheers Erez {image}
and big big joint to celebrate a profit day
  • #669,256
  • Jul 13, 2022 7:32am Jul 13, 2022 7:32am
Quoting thewolf
{quote} why is the price slowly crawling down? Because some smaller banks already started selling pound or what? The price always does it just before the news.
as said, they give a hint for god's sake..
  • #669,257
  • Jul 13, 2022 7:32am Jul 13, 2022 7:32am
Eurusd short closing at 1.00054 and going long
  • #669,258
  • Jul 13, 2022 7:33am Jul 13, 2022 7:33am
Quoting Waveskierrob
{quote} I'm mostly SHORT on GU... bring it on
...bloody hilarious
  • #669,259
  • Jul 13, 2022 7:33am Jul 13, 2022 7:33am
I thought we might be in an uptrend originally, but then I realized that we were ranging underneath the previous cycle.
If we were ranging above, then we might be going up.
Fundamentally everything is going to pot, so I suppose it makes sense.
  • #669,260
  • Jul 13, 2022 7:33am Jul 13, 2022 7:33am
Now we wait for going long.
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