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Cable Update (GBPUSD)

  • #679,981
  • Sep 1, 2022 6:30am Sep 1, 2022 6:30am
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  • #679,982
  • Sep 1, 2022 6:31am Sep 1, 2022 6:31am
Quoting Mitiblotch
{quote} I expect a break of this wedge ro the downside to finish off the last long-suffering bull before a fast move to the upside.
Perhaps when the UK gets the new Prime Minister next week, the market will react. No way to know who the PM will be or what the market might do, if anything. Have to be careful around that time I think.
I am neither brave nor stupid...I am just a part time trader
  • #679,983
  • Sep 1, 2022 6:32am Sep 1, 2022 6:32am
Short in at 1.1567
Don't trade what you think. Just what you see!!!
  • #679,984
  • Sep 1, 2022 6:34am Sep 1, 2022 6:34am
Quoting Mitiblotch
Okay I have a price I can manage. Long 1559. SL: unwritten (I actually have a SL) TP: the moon!
Bank this at 1570. That's +11 pips. I will buy again if we come near 1550 or lower. No shorts for me.
  • #679,985
  • Sep 1, 2022 6:35am Sep 1, 2022 6:35am
Quoting Indiara
{quote} Perhaps when the UK gets the new Prime Minister next week, the market will react. No way to know who the PM will be or what the market might do, if anything. Have to be careful around that time I think.
That's true. The movers will look for every opportunity to cause mayhem. We need to be at alert.
  • #679,986
  • Sep 1, 2022 6:37am Sep 1, 2022 6:37am
which one will be the next pm
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  • #679,987
  • Sep 1, 2022 6:38am Sep 1, 2022 6:38am
Hi Guys,

Just Passed Phase 2 evaluation 100k today from MFF.

So, now, I am the owner of 3 x 100k account. 2X100 K from MFF, 1X 100K from TFF

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Intraday only.
  • #679,988
  • Sep 1, 2022 6:42am Sep 1, 2022 6:42am
Quoting Mitiblotch
{quote} Monthly pivot is 1839 and price is almost 300 pips away from it. We must hut that price or near it this September. Plus the yearly low to equal that of 2020 (pandemic year) is just roughly 60 pips or so according to Geoginson). Logically speaking bears should be done this whole year except Putin nukes Israel or UK or US. Just that the market can be irrational sometimes. At these lows is where they'll play games. They won't want retail to hold on to their tails or buy the low. It will be quick and surgical.
temporary target mate. Could hit tomorrow/Monday
  • #679,989
  • Sep 1, 2022 6:43am Sep 1, 2022 6:43am
Nice
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #679,990
  • Sep 1, 2022 6:44am Sep 1, 2022 6:44am
Quoting Mitiblotch
{quote} Bank this at 1570. That's +11 pips. I will buy again if we come near 1550 or lower. No shorts for me.
So much money on the table, you want a retracement before BOS, wait for break of structure then close your trades and wait for test again
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  • #679,991
  • Sep 1, 2022 6:45am Sep 1, 2022 6:45am
£7.24 today from this mess using 0.01 lots
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  • #679,992
  • Sep 1, 2022 6:47am Sep 1, 2022 6:47am
Quoting PatienceFx
£7.24 today from this mess using 0.01 lots {image}
Spend it wisely.
  • #679,993
  • Sep 1, 2022 6:50am Sep 1, 2022 6:50am
for 7.24 Rs, I can not drink even a Tea.

Intraday only.
  • #679,994
  • Sep 1, 2022 6:52am Sep 1, 2022 6:52am
Quoting Traderview
{image}
Market reacting to the price i've mentioned on morning.
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  • #679,995
  • Sep 1, 2022 6:56am Sep 1, 2022 6:56am
Another long added, same target same SL.
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  • #679,996
  • Sep 1, 2022 6:59am Sep 1, 2022 6:59am
i will avoid longs in cable on time frames above 15 minutes
  • #679,997
  • Sep 1, 2022 7:09am Sep 1, 2022 7:09am
too tired, getting double vision now , need to rest, bye for today
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  • #679,998
  • Sep 1, 2022 7:10am Sep 1, 2022 7:10am
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yes yes yes
  • #679,999
  • Sep 1, 2022 7:11am Sep 1, 2022 7:11am
Quoting knkie
{quote} i agree with that risk and money management is key But you do need certain skills, for example hedging is quite an art and you seem to have mastered that. Im terrible at hedging lol
I have no set plan just loads of practice, they say repetition is the mother of all skill, just have to put in the time
  • #680,000
  • Sep 1, 2022 7:19am Sep 1, 2022 7:19am
h4 down, other up ! I d like to see all in the same direction
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Fishbones