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Cable Update (GBPUSD)

  • #680,421
  • Sep 2, 2022 9:16am Sep 2, 2022 9:16am
Quoting dempire1
{quote} Do you really think that there are "big players" who are trapping small players on friday?
Always.. Monday to Friday
  • #680,422
  • Sep 2, 2022 9:17am Sep 2, 2022 9:17am
Quoting Whale
{quote} Always.. Monday to Friday
many big players they take positions and close them especially during weekends and in options weekly expiry happening ..so weekend starting and ending is so mad in market
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  • #680,423
  • Sep 2, 2022 9:20am Sep 2, 2022 9:20am
Quoting dempire1
{quote} Do you really think that there are "big players" who are trapping small players on friday?
big players always troll the smaller players
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #680,424
  • Sep 2, 2022 9:21am Sep 2, 2022 9:21am
Quoting buffedmage
This entire day GBPUSD is testing my patience and i keep not loosing it...this day really a test for myself ...damn..i cant believe the patience and trust level i have myself ...proud of me ...still waiting for price to touch that rd line ...still being soo patient ...down to the earth {image}
Patience is virtue
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  • #680,425
  • Sep 2, 2022 9:22am Sep 2, 2022 9:22am
Quoting buffedmage
This entire day GBPUSD is testing my patience and i keep not loosing it...this day really a test for myself ...damn..i cant believe the patience and trust level i have myself ...proud of me ...still waiting for price to touch that rd line ...still being soo patient ...down to the earth {image}
buffedmage, I wouldn't call it uptrend yet...at least according to Dow theory.
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Always trade your own plan...I don't provide trading signals.
  • #680,426
  • Sep 2, 2022 9:24am Sep 2, 2022 9:24am
booked another quick scalp
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  • #680,427
  • Sep 2, 2022 9:28am Sep 2, 2022 9:28am
Quoting bilal1947
{quote} Hope it wont BE again, like it is listening to me & BE hit again {image}
Taking profit is so so important that i just saw 70 pips and hits BE

again (50 pips)
Attached Image (click to enlarge)
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"Exchange of hands"
  • #680,428
  • Sep 2, 2022 9:28am Sep 2, 2022 9:28am
This is a Major level for sure.
It is at the bottom of the seven-year range, and it is oversold.
However, it would be better to consider it in a new week.

You can't rely solely on a range, but it is at a recent average. You can see it can go double or triple that 2250 pip number.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #680,429
  • Sep 2, 2022 9:28am Sep 2, 2022 9:28am
Quoting Coreg2004
{quote} buffedmage, I wouldn't call it uptrend yet...at least according to Dow theory. {image} {image}

ofcourse its downtrend in long term ...

did u saw my image ? also did u noticed i was saying the red line all day long ?

Quoting buffedmage
This entire day GBPUSD is testing my patience and i keep not loosing it...this day really a test for myself ...damn..i cant believe the patience and trust level i have myself ...proud of me ...still waiting for price to touch that rd line ...still being soo patient ...down to the earth {image}
ofcourse its downtrend in long term ...

did u saw my image ? also did u noticed i was saying the red line all day long ?

Quoting buffedmage
This entire day GBPUSD is testing my patience and i keep not loosing it...this day really a test for myself ...damn..i cant believe the patience and trust level i have myself ...proud of me ...still waiting for price to touch that rd line ...still being soo patient ...down to the earth {image}
patience pays..you see?
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  • #680,430
  • Sep 2, 2022 9:31am Sep 2, 2022 9:31am
Quoting bilal1947
{quote} Taking profit is so so important that i just saw 70 pips and hits BE again (50 pips) {image}
No matter what, perfect execution!
  • #680,431
  • Sep 2, 2022 9:33am Sep 2, 2022 9:33am
UC short
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"Exchange of hands"
  • #680,432
  • Sep 2, 2022 9:33am Sep 2, 2022 9:33am
whom did i pay
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  • #680,433
  • Sep 2, 2022 9:37am Sep 2, 2022 9:37am
hope third time wont lie…
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  • #680,434
  • Sep 2, 2022 9:37am Sep 2, 2022 9:37am
update :
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  • #680,435
  • Sep 2, 2022 9:39am Sep 2, 2022 9:39am
This is an excellent idea, to uncouple electric and gas somehow because unnaturally high war gas issues is the problem setting the energy price.
A plan like this could change things significantly and stop the record profits at the expense of the entire country.
I only worry our politicians are too dumb to realise how broke this market is and pretend it's a typical situation in business, saying you can't go after the profiteers.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #680,436
  • Sep 2, 2022 9:39am Sep 2, 2022 9:39am
Quoting buffedmage
{quote} ofcourse its downtrend in long term ... did u saw my image ? also did u noticed i was saying the red line all day long ? {quote} ofcourse its downtrend in long term ... did u saw my image ? also did u noticed i was saying the red line all day long ? {quote} patience pays..you see?
Quoting buffedmage
{quote} not a loosing trade ...it is uptrend for while .just a small trap by big players ..thats why im being patient..if it was loosing trade i would have been accepted the loss the fact that i never seen me being so patient is surreal ..lol..i wont give up until it hits my target (red line)..
I also saw your 15M chart. I'm not here to pick up fights, just to have a conversation about TA.
Always trade your own plan...I don't provide trading signals.
  • #680,437
  • Sep 2, 2022 9:41am Sep 2, 2022 9:41am
Quoting Coreg2004
{quote} {quote} I also saw your 15M chart. I'm not here to pick up fights, just to have a conversation about TA.
im not fighting -lol ..just a discussion. If you consider that as a fight , not my fault ...honestly im not a person who fights with others..if i dont like someone i use to ignore..but i dint find anyone such kinda people here...thts why i can see u n u can see me
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  • #680,438
  • Sep 2, 2022 9:41am Sep 2, 2022 9:41am
Quoting Bones
This is an excellent idea, to uncouple electric and gas somehow because unnaturally high war gas issues is the problem setting the energy price. A plan like this could change things significantly and stop the record profits at the expense of the entire country. I only worry our politicians are too dumb to realise how broke this market is and carry on pretending it's a typical situation in business. You can't go after the profiteers. {image}
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  • #680,439
  • Sep 2, 2022 9:42am Sep 2, 2022 9:42am
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US500 - pay the trader:
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"Exchange of hands"
  • #680,440
  • Sep 2, 2022 9:43am Sep 2, 2022 9:43am
Quoting thatRichDude
I guess everyone took a beating in today's NFP. I marked my levels to enter but price did some quick manipulation and it ended up missing my entry 1 pip but came back to tag it, now in some tiny profit. I will just sit by the sidelines and see if price respects my target or not. Before NFP was priced in...{image} Now, I am just watching as it plays out{image} GU is looking ugly when compared to EU at the moment. Kind regards

As expected, Price about to hit my target. A wonderful NFP today.

Lesson to learn: NFP is just a catalyst to shak out weak hands and move like it was intended to in the first place before the pricing of NFP catalystic event.

Before NFP was priced in:
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After tagging me in:

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Now, almost hitting my target:

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Should hit my target in less than an hour's time. 1.15865 my target

On that note, HAPPY WEEKEND GUYS.

Remember, the market is designed to take money from the impatient to the patient.

Kind regards
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