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Cable Update (GBPUSD)

  • #678,201
  • Aug 25, 2022 4:27am Aug 25, 2022 4:27am
Quoting Reverso
{quote} You mean, breaking 1.19 can go a lot higher, just like broken 1.18 can go lower to 1.175? Advising me to revise my tp higher?
Yes I have a feeling if we crack 119 a ruse upto 11970 is on the cards however the TP should be on your own strategy.
Insane in the Brain..
  • #678,202
  • Aug 25, 2022 4:29am Aug 25, 2022 4:29am
Quoting BeeTogether
{quote} Yes I have a feeling if we crack 119 a ruse upto 11970 is on the cards however the TP should be on your own strategy.
Give me 1800 and I will be glad. Thereafter you can take it to even 2.000.
  • #678,203
  • Aug 25, 2022 4:32am Aug 25, 2022 4:32am
It seems we have a range for the session 11830-11858 back to sleep now lol (or rather work)
Insane in the Brain..
  • #678,204
  • Aug 25, 2022 4:32am Aug 25, 2022 4:32am
Red is so common for this news, should pump GU later if it is red as usual.
Let's hope my ongoing Long survive until the news, not looking so good now, at about 60% SL now.
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  • #678,205
  • Aug 25, 2022 4:32am Aug 25, 2022 4:32am
Quoting Mitiblotch
{quote} That's a 1 hour chart and there is an M pattern there. This will most likely dump than rise. I hope.
Correct Bud. I'm with you if it sets up. This moved 70 pips in the Asia session. If it breaks the pin bar there is room for upside, but it could also fall. Don't what to sound like I'm sitting on the fence, but I'm 50/50 at the moment!
Don't trade what you think. Just what you see!!!
  • #678,206
  • Aug 25, 2022 4:33am Aug 25, 2022 4:33am
Beetogether, I should let you know that GCU responded on Monday and Tuesday. Everything is moving fast now at dizzying speed and I had to take a few days leave from the office to meet up with deadlines.

Thanks for calming my nerves.
  • #678,207
  • Aug 25, 2022 4:36am Aug 25, 2022 4:36am
Quoting Theoak
{quote} I slept too.... I woke up to a living nightmare.
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  • #678,208
  • Aug 25, 2022 4:39am Aug 25, 2022 4:39am
Quoting DailyChart
{quote} {image}
Excellent entry. It's looking crashy crashy.
  • #678,209
  • Aug 25, 2022 4:40am Aug 25, 2022 4:40am
Quoting JereMi256
Short @1.1860 SL 1.1878
Closed this manually for +20pips.

Long @1.1840
SL mental...
Face 'ur fears & tame 'ur greed
  • #678,210
  • Aug 25, 2022 4:40am Aug 25, 2022 4:40am
Quoting Theoak
{quote} I slept too.... I woke up to a living nightmare.
i can understand
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  • #678,211
  • Aug 25, 2022 4:44am Aug 25, 2022 4:44am
  • #678,212
  • Aug 25, 2022 4:47am Aug 25, 2022 4:47am
Quoting Reverso
Red is so common for this news, should pump GU later if it is red as usual. Let's hope my ongoing Long survive until the news, not looking so good now, at about 60% SL now. {image}
i think focus is on JHS
More time in the market, does not mean you trade better!
  • #678,213
  • Aug 25, 2022 4:47am Aug 25, 2022 4:47am
I think I'll hold till 1780 at least. I've changed my TP to 1780 instead of getting out with a loss at 1800. Hopefully we can hit and take out that Asia low at 1783.
  • #678,214
  • Aug 25, 2022 4:50am Aug 25, 2022 4:50am
Quoting Reverso
{quote} Preferred Long scenario materialized, rejected off lower key level with bullish engulfing, with daily pivot below to support the price. The only caveat is the TP is very tiny slightly pass the lower end of long term pivot, it should be fine i guess, we'll see. Entry 1.18520, SL 1.18195, TP 1.19006. PUMP IT. {image}
The dump after I entered got me a little worried, I'm glad it bounced back up, resulting in double rejection off lower key level + support now.
In a way, increasing confidence of the trade.
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  • #678,215
  • Aug 25, 2022 4:55am Aug 25, 2022 4:55am
Quoting Fardeen1209
{quote} i think focus is on JHS
what is jhs?
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #678,216
  • Aug 25, 2022 4:59am Aug 25, 2022 4:59am
Jackson Hole Symposium
  • #678,217
  • Aug 25, 2022 5:01am Aug 25, 2022 5:01am
Quoting Reverso
{quote} what is jhs?
Jackson Hole Symposium
  • #678,218
  • Aug 25, 2022 5:02am Aug 25, 2022 5:02am
Quoting Mitiblotch
Beetogether, I should let you know that GCU responded on Monday and Tuesday. Everything is moving fast now at dizzying speed and I had to take a few days leave from the office to meet up with deadlines. Thanks for calming my nerves.
glad it’s working itself out mate! When you flying down?
Insane in the Brain..
  • #678,219
  • Aug 25, 2022 5:03am Aug 25, 2022 5:03am
Quoting greed
{quote} Jackson Hole Symposium
Am I right in thinking that last time it didn’t move the market too much.. but then again I am getting old now and my memory not as good
Insane in the Brain..
  • #678,220
  • Aug 25, 2022 5:11am Aug 25, 2022 5:11am
Quoting DailyChart
{quote} {image}
Not quiet done enough for me, but that is the same idea. Yesterday was in a trade 35 pips up. The structure did not show any signs of Bull. 15 mins before news bang went up like a rocket. I could not play the fall... as I like it when it moves. Hoping it was going to get to my target, but in the ranging no moving asia market found Bull in a low liquidity market. You guys over there have loads of Buggs Bunny!!!

In with you now bud short in at 1.1833

Great entry by yourself
Don't trade what you think. Just what you see!!!
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