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Cable Update (GBPUSD)

  • #675,301
  • Aug 12, 2022 4:57am Aug 12, 2022 4:57am
Quoting Theoak
{quote} Bingo .... trail the rest!! {image}
Added at 1.2151 target 1.2126
Don't trade what you think. Just what you see!!!
  • #675,302
  • Aug 12, 2022 5:02am Aug 12, 2022 5:02am
Quoting TheWolf
If this short holds, I'll keep the position until Wednesday when CPI report could drop Pound few hundred pips. Before Fed on Wednesday, I'll get out of the short then. If all goes by plan, it would be awesome, first let's see if all of my gains will be retraced by the end of the day or not. If not, awesome, since I expect range Monday and Tuesday due to the lack of news, and BIG news Wednesday Fed and CPI for Pound..
For a moment I thought it is going to reverse up, but towards the candle close just now, the green candle became red with a long wick up, I think there is more fuel ready to go down deeper as per your wish.

Hope it plays out for you, I am out of market now, borderline satisfied with this week's result, could have earned more if I didn't mishandle my entry on Mon and took profit manually close to TP yesterday, return % could be drastically different, but well, profit is profit, over time I will mature and will make less of these mistakes I hope.

EDIT: new low formed, how low will it go, go consult Mitiblotch.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 56.0%
  • #675,303
  • Aug 12, 2022 5:07am Aug 12, 2022 5:07am
Adding EUR/JPY short. USD/JPY, GBP/JPY and EUR/JPY all short.
  • #675,304
  • Aug 12, 2022 5:07am Aug 12, 2022 5:07am
GBPUSD 1 mn

Second Short

Target Price1,2120 +/- 72
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  • #675,305
  • Aug 12, 2022 5:11am Aug 12, 2022 5:11am
Quoting Reverso
{quote} For a moment I thought it is going to reverse up, but towards the candle close just now, the green candle became red with a long wick up, I think there is more fuel ready to go down deeper as per your wish. Hope it plays out for you, I am out of market now, borderline satisfied with this week's result, could have earned more if I didn't mishandle my entry on Mon and took profit manually close to TP yesterday, return % could be drastically different, but well, profit is profit, over time I will mature and will make less of these mistakes...
Thanks buddy!! Glad we were able to steal some money from the banks today and hope we will do the same next time!
  • #675,306
  • Aug 12, 2022 5:12am Aug 12, 2022 5:12am
Trade Follow Up
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  • #675,307
  • Aug 12, 2022 5:12am Aug 12, 2022 5:12am
Quoting OnlineAddict
{quote} Got lucky! Something horrible will happen soon, I am sure.
Good luck
People don't plan to lose. They lose because they don't plan.
  • #675,308
  • Aug 12, 2022 5:13am Aug 12, 2022 5:13am
Gonna try to steal some money GBPCHF from 1.1442 to 1.1573
POSTMASTER
  • #675,309
  • Aug 12, 2022 5:15am Aug 12, 2022 5:15am
Quoting ScalaFX
{quote} Lets focus on the prize after this small drop I have taken now another fifty from added positions, all set now protected at 2240 where will be so more for me, I hoping for 2130 then will be deciding, more short ( I think so) or long, prize must take out 2180 for this scenario, otherwise SL will be hit
Taken out all manually at 2135 becouse already done my month, yupi!
People don't plan to lose. They lose because they don't plan.
  • #675,310
  • Aug 12, 2022 5:16am Aug 12, 2022 5:16am
Attached Image (click to enlarge)
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yes yes yes
  • #675,311
  • Aug 12, 2022 5:16am Aug 12, 2022 5:16am
Quoting ScalaFX
{quote} Good luck
Thanks!
Everyone can see the chart, but only a few can actually read it.
  • #675,312
  • Edited 5:28am Aug 12, 2022 5:16am | Edited 5:28am
Quoting Theoak
{quote} Added at 1.2151 target 1.2126
Bingo bongo... Left one on trailing!!!
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #675,313
  • Aug 12, 2022 5:17am Aug 12, 2022 5:17am
SL Hit EUR/JPY and USD/JPY..still not the time. Well, at least GBP/USD is extremely well..
  • #675,314
  • Aug 12, 2022 5:21am Aug 12, 2022 5:21am
Quoting Moty
{quote} uj will soon drop and will drag dx with him , and then gu will rise {image}
GU will reverse, but maybe in US Session and my TP is 98% reached. Once My TP completely hit, I will observe the market for another entry. Might be go long with you because I see a possible bullish scenario as well.
With courage, patience, and discipline, success is a matter of time.
  • #675,315
  • Aug 12, 2022 5:21am Aug 12, 2022 5:21am
133.666 devil number
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yes yes yes
  • #675,316
  • Aug 12, 2022 5:24am Aug 12, 2022 5:24am
I’d be surprised if we see a major uptick in the GU until the 3pm confidence data
Insane in the Brain..
  • #675,317
  • Edited 5:39am Aug 12, 2022 5:26am | Edited 5:39am
Closed Short position + 23.6 pips

Using FLD's 15,32, 64 as Trend Following Tool
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  • #675,318
  • Edited 7:04am Aug 12, 2022 5:38am | Edited 7:04am
Long 1.2124

SL 1.2106
TP Manual
Face 'ur fears & tame 'ur greed
  • #675,319
  • Aug 12, 2022 5:38am Aug 12, 2022 5:38am
We have today also consumer sentiment in NY session, if good ( two last data was bad) we can go under 2000, lets see
People don't plan to lose. They lose because they don't plan.
  • #675,320
  • Aug 12, 2022 5:38am Aug 12, 2022 5:38am
Quoting JameRomeo168
{quote} GU will reverse, but maybe in US Session and my TP is 98% reached. Once My TP completely hit, I will observe the market for another entry. Might be go long with you because I see a possible bullish scenario as well.
TP 1.21210 hit

Possible bullish scenario. Need careful observation before another entry. Hope to catch some pips before the week end
Attached Image (click to enlarge)
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With courage, patience, and discipline, success is a matter of time.
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