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Cable Update (GBPUSD)

  • #675,681
  • Aug 15, 2022 9:22am Aug 15, 2022 9:22am
Quoting Mitiblotch
Just went short at 2090. TP. 2040.
Out at 2079. Let me leave the rest for those who are yet to make some profit today!

And before you think of buying big: this stat is a recipe for bull slaughter! And mind you, it is replicated in EURUSD so the dump will be heavy. If you buy, keep a SL.
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  • #675,682
  • Aug 15, 2022 9:33am Aug 15, 2022 9:33am
Quoting JameRomeo168
One sell has activated at 1.21100 SL 25 pips with TP at 1.20300
Lol took a small nap, woke up and saw my breakeven was hit. Now looking for ideal entry for another short.
With courage, patience, and discipline, success is a matter of time.
  • #675,683
  • Aug 15, 2022 9:36am Aug 15, 2022 9:36am
Quoting Reverso
{quote} Entered Short just now. Entry 1.20808, SL 1.21150, TP 1.20296. This will be the last trade for today, TP or SL, it's up to the market. {image}
I thought you did one trade a day!
Don't trade what you think. Just what you see!!!
  • #675,684
  • Aug 15, 2022 9:39am Aug 15, 2022 9:39am
Quoting Theoak
{quote} I thought you did one trade a day!
Only if the 1st trade wins, if 1st trade loses, 2nd trade will be the last for the day, usually TP. Sometimes i go for 2nd even 1st one won because strong signal that don't happen often, such as bounce near long term pivot, or retrace of giant candle off key levels.

Anyway this is related to risk management, my personal is risk 2 SL maximum per day if worst case scenario
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 63.3%
  • #675,685
  • Aug 15, 2022 10:12am Aug 15, 2022 10:12am
Good Monday trading.
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  • #675,686
  • Aug 15, 2022 10:17am Aug 15, 2022 10:17am
Quoting Mitiblotch
Good Monday trading. {image}
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #675,687
  • Aug 15, 2022 10:26am Aug 15, 2022 10:26am
Breaking 12070 a bit tough again! Deja vu from last week… tomorrows data could be GU positive, so will let the my current shorts still in play until maybe early tomorrow and have a good SL in place
Insane in the Brain..
  • #675,688
  • Aug 15, 2022 10:41am Aug 15, 2022 10:41am
Quoting GODofMC
{quote} {image}
You made some profit last week so should cover for this.
  • #675,689
  • Aug 15, 2022 10:44am Aug 15, 2022 10:44am
Thanks God .. Great start for this week
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  • #675,690
  • Edited 11:36am Aug 15, 2022 10:52am | Edited 11:36am
Quoting montygoldy
{quote} alright was getting impatient coz of my work meeting.... entered long for 10 pips scalp...... lets see. last one of the day whichever way it goes
One more push come on

EDIT: sometime cable is pure frustration
Extreme gut feeling trader
  • #675,691
  • Aug 15, 2022 11:28am Aug 15, 2022 11:28am
Quoting Mitiblotch
Good Monday trading. {image}
Good to see you are consistant everyday Im on this month trading not do much and will be scalping only for some bills spending some time with familly and kids, will be more posting next month, take care men!
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People don't plan to lose. They lose because they don't plan.
  • #675,692
  • Aug 15, 2022 11:38am Aug 15, 2022 11:38am
Quoting Theoak
Well that's my set-up!! Short in at 1.2083 {image}
Out of this now
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Don't trade what you think. Just what you see!!!
  • #675,693
  • Edited 1:03pm Aug 15, 2022 11:58am | Edited 1:03pm
Quoting Theoak
{quote} Crude oil down in last 3 months. Just starting to see this at the pumps. Not sure if the 80's economic model works anymore, but this is the approach of most modern economies. Can they increase the interest rate? I'm not so sure!
I just call that economics that work and I'm witnessing economics that don't work
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #675,694
  • Aug 15, 2022 12:01pm Aug 15, 2022 12:01pm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #675,695
  • Aug 15, 2022 12:06pm Aug 15, 2022 12:06pm
So Daily did test Support ha? 1.205..
Bounced off a bit. Critical will be Wednesday to see if this Support will fall or not.
There's nothing good for Pound however, tension growing between China and USA, meaning war, meaning USD growth.. CPI should be bad, retail sales should be bad.. I don't know. Just by looking at these things only Pound should fall below 1.20 no question about it. Let's see though what they have in store for us.
The only hope for Pound is if Powell screws USD intentionally.
  • #675,696
  • Aug 15, 2022 12:08pm Aug 15, 2022 12:08pm
Quoting ScalaFX
{quote} Good to see you are consistant everyday Im on this month trading not do much and will be scalping only for some bills spending some time with familly and kids, will be more posting next month, take care men! {image}
Your TP is 2033 right?

NY hasn't done anything today. They just ranged.
  • #675,697
  • Aug 15, 2022 12:12pm Aug 15, 2022 12:12pm
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CLOSE UP
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yes yes yes
  • #675,698
  • Aug 15, 2022 12:13pm Aug 15, 2022 12:13pm
Quoting Mitiblotch
{quote} Your TP is 2033 right? NY hasn't done anything today. They just ranged.
When Im posted this I have already closed all, now new ones opened, will add more, just scalping some now, Gold too, but I think 1960 will be hit this week where I will be searching for some buys, till now, only short
People don't plan to lose. They lose because they don't plan.
  • #675,699
  • Aug 15, 2022 12:15pm Aug 15, 2022 12:15pm
Quoting Mitiblotch
{quote} Your TP is 2033 right? NY hasn't done anything today. They just ranged.
This green targets is target from analitics from my broker, so I dont watching this, they are right sometimes but not many
People don't plan to lose. They lose because they don't plan.
  • #675,700
  • Aug 15, 2022 12:22pm Aug 15, 2022 12:22pm
Short in at 1.2073
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Don't trade what you think. Just what you see!!!
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