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Cable Update (GBPUSD)

  • #676,201
  • Aug 17, 2022 5:38am Aug 17, 2022 5:38am
Entered sell GU 2105 few pendings left till 2155 targeting minimum 2020 final target 1960
People don't plan to lose. They lose because they don't plan.
  • #676,202
  • Aug 17, 2022 5:39am Aug 17, 2022 5:39am
Gold long tp 1776. Short at tp
  • #676,203
  • Aug 17, 2022 5:42am Aug 17, 2022 5:42am
yes, the villains do not let the rolls relax, well, here we have retail sales in the afternoon and protocols, before them we have a boring PA a.k.a flatting
IgorFX
  • #676,204
  • Aug 17, 2022 5:58am Aug 17, 2022 5:58am
Quoting JereMi256
{quote} Added 2114 SL for all 1.2130 {image}
All out with some profit, will re-enter later!
Face 'ur fears & tame 'ur greed
  • #676,205
  • Aug 17, 2022 6:06am Aug 17, 2022 6:06am
Well I'm looking at the posts and there's a mixed bag Bulls and bears. The PA is not really giving us a clue (consolidation). This is where retail gets slaughtered!

Big news coming at 1.30. We know what is going to happen! Lets let the big boys tell us what to do for a change instead of picking the bones.
Don't trade what you think. Just what you see!!!
  • #676,206
  • Aug 17, 2022 6:16am Aug 17, 2022 6:16am
Quoting ScalaFX
Entered sell GU 2105 few pendings left till 2155 targeting minimum 2020 final target 1960
Protected When SL hit I will be selling higher to main target
People don't plan to lose. They lose because they don't plan.
  • #676,207
  • Aug 17, 2022 6:18am Aug 17, 2022 6:18am
Attached Image (click to enlarge)
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yes yes yes
  • #676,208
  • Aug 17, 2022 6:20am Aug 17, 2022 6:20am
Quoting Theoak
Well I'm looking at the posts and there's a mixed bag Bulls and bears. The PA is not really giving us a clue (consolidation). This is where retail gets slaughtered! Big news coming at 1.30. We know what is going to happen! Lets let the big boys tell us what to do for a change instead of picking the bones.
But on that note (out before 1.30)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-17 121832.png Size: 19 KB
Don't trade what you think. Just what you see!!!
  • #676,209
  • Aug 17, 2022 6:32am Aug 17, 2022 6:32am
Quoting ForexGoose
It might break 1.20 soon, but a rally higher is possible if the CPI report is hot. {image}{image}
it didn't really rally after the CPI, suggesting that higher inflation will lead to slower growth and a weaker GBP

i expect a dump to happen soon under 1.20
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #676,210
  • Aug 17, 2022 6:34am Aug 17, 2022 6:34am
Quoting ScalaFX
{quote} Protected When SL hit I will be selling higher to main target
2067 taken fifty of all, rest free ride
People don't plan to lose. They lose because they don't plan.
  • #676,211
  • Aug 17, 2022 6:35am Aug 17, 2022 6:35am
Quoting Mitiblotch
For those confused, this is how I trade. I don't see the smallest buy here except I get a 4hr close above 2150. I have put my fibs. If price comes to 61.8% to 78.6%, short the hell out of it! I am short. My SL is at 2170. 2150 is enough but I just put it at 2170 in case of stupid spikes! {image}
Congrats, now the price down
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #676,212
  • Aug 17, 2022 6:36am Aug 17, 2022 6:36am
Quoting Reverso
{quote} My ongoing long is getting tortured.
SL hit =')

So that's:
Mon -1 +1 = net positive due to higher reward to risk
Tue -1 -1 = double SL, worst scenario
Wed (today) = no more active trades, waiting for next valid signal, probably after US retail sales

Not a really good week, happens sometimes after so many good weeks, account still positive growth overall, no big deal, I will get through this.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 64.4%
  • #676,213
  • Aug 17, 2022 6:36am Aug 17, 2022 6:36am
Quoting ScalaFX
{quote} 2067 taken fifty of all, rest free ride
Me2
Don't trade what you think. Just what you see!!!
  • #676,214
  • Aug 17, 2022 6:37am Aug 17, 2022 6:37am
Quoting JereMi256
{quote} All out with some profit, will re-enter later!
Experiencing the pain of living money on the table

It's the cost of impatience!
In trading, patience is also a skill you have to learn.
Face 'ur fears & tame 'ur greed
  • #676,215
  • Aug 17, 2022 6:39am Aug 17, 2022 6:39am
Quoting Reverso
{quote} SL hit =') So that's: Mon -1 +1 = net positive due to higher reward to risk Tue -1 -1 = double SL, worst scenario Wed (today) = no more active trades, waiting for next valid signal, probably after US retail sales Not a really good week, happens sometimes after so many good weeks, account still positive growth overall, no big deal, I will get through this.
Me too, this week only bad trade goes on
Inconsitent trade, moving SL to no SL, then shit happen
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #676,216
  • Aug 17, 2022 6:40am Aug 17, 2022 6:40am
Funny how i have the lock, but no key.
Face 'ur fears & tame 'ur greed
  • #676,217
  • Aug 17, 2022 6:44am Aug 17, 2022 6:44am
Quoting Inthebox
{quote} continue to short today. as of now, i do not know what to do next. just observe near 1.20 round number. {image}
still shorting.
Attached Image (click to enlarge)
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ITB - Seeing Orderliness amongst 'Randomness'
  • #676,218
  • Aug 17, 2022 6:44am Aug 17, 2022 6:44am
Quoting JereMi256
{quote} Experiencing the pain of living money on the table It's the cost of impatience! In trading, patience is also a skill you have to learn.
at the strip club, strippers neve leave money on the table, so I have to be more like them and lock in my profits before being stopped out
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #676,219
  • Aug 17, 2022 6:46am Aug 17, 2022 6:46am
Long 1.2065
TP & SL manual
Face 'ur fears & tame 'ur greed
  • #676,220
  • Aug 17, 2022 6:46am Aug 17, 2022 6:46am
Quoting GODofMC
{quote} Me too, this week only bad trade goes on Inconsitent trade, moving SL to no SL, then shit happen
One way to look at this, is that the market stopped trending for now, my system is based on trend continuing, so if I am starting to hit SL more often, that means I need to switch my mindset to a more active one, draw support and resistance and try to trade bounces while still trying to respect at least the Pivot in my system if needed, basically Range mode on, use my head more to think and trade.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 64.4%
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