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Cable Update (GBPUSD)

  • #671,901
  • Jul 27, 2022 11:44am Jul 27, 2022 11:44am
Quoting Waveskierrob
Save yourselves time and energy ......just flip a coin

you need original coin
MY OPINION NOT FINANCIAL ADVISE
  • #671,902
  • Jul 27, 2022 11:45am Jul 27, 2022 11:45am
MF almost wiped my acc
  • #671,903
  • Jul 27, 2022 11:45am Jul 27, 2022 11:45am
Quoting Wavegarrick
{quote} The dilemma any medium to long term trader will be sitting with now. So far GU setting up for buy trades from a 4 hr perspective. Can the US rate decision throw my plan into turmoil?, we shall see. Nevertheless all trades locked in and I will deal with it as it comes. 47 minutes left, Cheers. {image}
Have to love it when a plan comes together Folks.
Take care.
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Trade to trade another day
  • #671,904
  • Jul 27, 2022 11:46am Jul 27, 2022 11:46am
Quoting Whale
Sighs.. out I dont get it.
i think it could be due to the high votes for only a 0.5 uptick.

my long got taken out just before the Fed spoke and triggered my short
Insane in the Brain..
  • #671,905
  • Jul 27, 2022 11:48am Jul 27, 2022 11:48am
Quoting Pat Chiko
{quote} GU One spike please to TP............ Moty, we need your rocket please.......... {image}
GU

Partial TP.

One more spike from Powell speech please.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #671,906
  • Jul 27, 2022 11:51am Jul 27, 2022 11:51am
Today was exciting, as per my own trading rulebook, took a long (entry 1.20372, SL 1.20398, TP 1.21231) 9 hours ago which ended up hitting my SL, in hindsight I should have exited halfway and take a Short due to rejection at 1.20908 - 1.20825 yellow area, would have hit a TP, but it is ok, no one would know if a reversal will happen or not if rejection occurs, I've seen trades rejected at key levels, only to continue moving pass the rejected area instead of reversing.

My risk management allows for 1 more trade if 1st trade hit SL, so I took another valid Long (entry 1.20469, SL 1.20200, TP 1.20870) about 5 hours ago, this was a memorable one because it is just 1 tick away from hitting SL, and it didn't hit, I thought I will be hitting 2 SL for the day as worst case scenario.

Hours leading to USD FOMC statement slowly made my 2nd trade back to positive territory, then FOMC Press Conference pushed it back down to near SL, before doing an epic bounce back through the roof and hit my TP, a trade like a phoenix risen from ashes!

Hope you all made green pips today.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 55.6%
  • #671,907
  • Jul 27, 2022 11:51am Jul 27, 2022 11:51am
Will the 200 h4 ema bloce the price?
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yes yes yes
  • #671,908
  • Jul 27, 2022 11:52am Jul 27, 2022 11:52am
As expected 75bps was already factored in. Also, Powell mentioned that the rate of the hike will slow down in his speech which kinda accelerated the price rise. I guess GU should rise from now on.
  • #671,909
  • Jul 27, 2022 11:53am Jul 27, 2022 11:53am
Quoting Pat Chiko
{quote} GU Partial TP. One more spike from Powell speech please. {image}
Attached Image (click to enlarge)
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MY GRID. Markets are NOT random.
  • #671,910
  • Jul 27, 2022 11:53am Jul 27, 2022 11:53am
Need a drop to below 12050 for a retrace
Insane in the Brain..
  • #671,911
  • Jul 27, 2022 11:53am Jul 27, 2022 11:53am
Quoting donfriday
{quote} we may see 1.2075 before another drop but this drop is likely to stop the buyers cus to me that drop is a good buy for me for a target near 1.25 in this Q3 just my view

trading is not easy its just patience


Q3 is playing out well
MY OPINION NOT FINANCIAL ADVISE
  • #671,912
  • Jul 27, 2022 11:54am Jul 27, 2022 11:54am
thats what a magin call candle look like on hourly
MY OPINION NOT FINANCIAL ADVISE
  • #671,913
  • Jul 27, 2022 11:55am Jul 27, 2022 11:55am
good result
  • #671,914
  • Jul 27, 2022 11:56am Jul 27, 2022 11:56am
Coin say "SHORT"
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  • #671,915
  • Jul 27, 2022 11:56am Jul 27, 2022 11:56am
Quoting Wavegarrick
{quote} Have to love it when a plan comes together Folks. Take care. {image}
Congrats budd!
Face 'ur fears & tame 'ur greed
  • #671,916
  • Jul 27, 2022 11:58am Jul 27, 2022 11:58am
Quoting Pat Chiko
{quote} GU Partial TP. One more spike from Powell speech please. {image}
GU

Approaching Final target.

Good set up for FOMC.

Good night all, peace.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #671,917
  • Jul 27, 2022 11:58am Jul 27, 2022 11:58am
Mitiblotch got a margin call? Probably?
  • #671,918
  • Jul 27, 2022 11:59am Jul 27, 2022 11:59am
moving sell stop up every 10 pips
Attached Image (click to enlarge)
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MY GRID. Markets are NOT random.
  • #671,919
  • Jul 27, 2022 12:00pm Jul 27, 2022 12:00pm
wale is stressed ...
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MY OPINION NOT FINANCIAL ADVISE
  • #671,920
  • Jul 27, 2022 12:00pm Jul 27, 2022 12:00pm
Maybe it's time for both eurusd and gbpusd to undergo a rebound. But I will keep my eyes on PA tomorrow.
Risk Management is of utmost importance!
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