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Cable Update (GBPUSD)

  • #674,321
  • Aug 9, 2022 9:44am Aug 9, 2022 9:44am
sell limit placed at 1.214, target 1.207, stop is above 1.218
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #674,322
  • Aug 9, 2022 9:49am Aug 9, 2022 9:49am
Ok thats was no fun spikes
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #674,323
  • Aug 9, 2022 9:49am Aug 9, 2022 9:49am
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yes yes yes
  • #674,324
  • Aug 9, 2022 9:52am Aug 9, 2022 9:52am
US productivity slumped for a second-straight quarter as the economy shrank, driving another surge in labor costs that risks keeping inflation elevated and further complicates the Federal Reserve’s efforts to tame price increases.
  • #674,325
  • Edited 10:10am Aug 9, 2022 9:52am | Edited 10:10am
Quoting Moty
{image}
Something worng
Entering asian prices
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adding small long
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #674,326
  • Aug 9, 2022 9:53am Aug 9, 2022 9:53am
Quoting ForexGoose
sell limit placed at 1.214, target 1.207, stop is above 1.218
missed my entry...
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #674,327
  • Aug 9, 2022 9:55am Aug 9, 2022 9:55am
knock out of last short wit $4 buck profit. entered short again because there is rejection from the structure i out lined.
good job anyone who caught that bull action.
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be a thinker before being a reacter
  • #674,328
  • Aug 9, 2022 9:58am Aug 9, 2022 9:58am
Why the sudden drop!!
average dude treading water
  • #674,329
  • Aug 9, 2022 10:03am Aug 9, 2022 10:03am
Quoting MIKKI
Why the sudden drop!!
This drop is due to news that the UK is planning to cut energy supplies to homes and some industries in the near future
Admit & be admitted
  • #674,330
  • Aug 9, 2022 10:05am Aug 9, 2022 10:05am
Quoting ScalaFX
{quote} Added to my shorts at retrace, partial 2070 target 1965, cheers!
Close to my partials, then we can see some correction but not do much and going down further
People don't plan to lose. They lose because they don't plan.
  • #674,331
  • Aug 9, 2022 10:05am Aug 9, 2022 10:05am
Quoting MIKKI
Why the sudden drop!!
bulls put down their crack pipe for today, i guess

but they might start smoking it again from 1.206, watch the chart
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #674,332
  • Aug 9, 2022 10:06am Aug 9, 2022 10:06am
Quoting ForexGoose
{quote} bulls put down their crack pipe for today, i guess
now THIS was funny lmaoooooo
be a thinker before being a reacter
  • #674,333
  • Aug 9, 2022 10:07am Aug 9, 2022 10:07am
no offense to anyone i was just laughing at what he said
be a thinker before being a reacter
  • #674,334
  • Aug 9, 2022 10:08am Aug 9, 2022 10:08am
Quoting Mnsgroup
{quote} updated : closed all longs at 1.2108, and try to shorts again. {image}
updated : closed all shorts @1.2095. I try to find long setup again.
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  • #674,335
  • Aug 9, 2022 10:08am Aug 9, 2022 10:08am
Quoting Georginson
{quote} Bulls keep hesitating, let's see how long this slow motion will last. If yesterday high of 1.2137 stays intact, then more credence of bears lurking around.
And we have effect
People don't plan to lose. They lose because they don't plan.
  • #674,336
  • Aug 9, 2022 10:09am Aug 9, 2022 10:09am
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yes yes yes
  • #674,337
  • Aug 9, 2022 10:12am Aug 9, 2022 10:12am
Quoting Reverso
Entered long, entry 1.21076, SL 1.20817, TP 1.21464.
Well, hit SL, structure was all good, even more so in the last big bullish candle we saw, then the sudden drop causing to hit SL.
Such is forex, nothing is guaranteed, but with this SL hit, we can establish the plan moving forward.

The resistance 1.21379 - 1.21230 is very strong now, price rejected 6 times since yesterday, and was support for last week.
Any obvious rejection from here again I will Short it, overriding the system rule due to obvious reason.

It looks more and more like we're going to be in a ranging period right now, support will be 1.20720 - 1.20652, this level has been bounced off 4 times since yesterday.
We play by the range now.
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  • #674,338
  • Aug 9, 2022 10:13am Aug 9, 2022 10:13am
Quoting Moty
{image}
Hope you are still buying?
  • #674,339
  • Aug 9, 2022 10:14am Aug 9, 2022 10:14am
Quoting Mitiblotch
{quote} I wonder what people are buying. Hehehe... see you at 2021.
Just don't fight me. It never ends well when people fight me, even the market. Hehe... tomorrow see you at a least 2021.
  • #674,340
  • Aug 9, 2022 10:15am Aug 9, 2022 10:15am
Quoting Mnsgroup
{quote} updated : closed all shorts @1.2095. I try to find long setup again. {image}
There is NO long anywhere. Nada. If you buy here at 2089 even 100 pips SL will get hit. Write it down.
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