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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Georginson
{quote} Target attained.
Georginson, did you start to use EW principles in your TA?...
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Always trade your own plan...I don't provide trading signals.
Quoting Abeeha
{quote} TP hit Alhamdullilah now watching the move so decide the next trade
Masha Allah, TP hits
Trade at good levels or no trade at all!
looks like my au behaving like my previous week gu position ..lets see if that happens i will dump another sell on resistance when price reaches there ..at that time depending upon my available margin and brokers call level , i purchase another sell lot and hold ..
Mostly Scalps and rarely few swings
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Indicators on my chart help me guess the trade they do not guarantee result
a lot of news coming over the next hour. My UJ trade might get killed or it might go all the way to TP line. I could close it now and take some pips, but I think I won't. The market can choose for me
I am neither brave nor stupid...I am just a part time trader
Quoting buffedmage
looks like my au behaving like my previous week gu position ..lets see if that happens i will dump another sell on resistance when price reaches there ..at that time depending upon my available margin and brokers call level , i purchase another sell lot and hold ..
or if Powell does hike any interests for usd , probably it get into my target today...
Mostly Scalps and rarely few swings
stops at BE waiting for bada boom
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Indicators on my chart help me guess the trade they do not guarantee result
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Quoting Moty
{image}
yes Moti, it may be possible..still something left in pound for today
Intraday only.
Quoting Indiara
a lot of news coming over the next hour. My UJ trade might get killed or it might go all the way to TP line. I could close it now and take some pips, but I think I won't. The market can choose for me

So market decided to eat my SL. Easy to say now that I should have taken some pips, but I will not look back, only look forward! So much news was bound to cause problems, so I'm not sad. Still ahead this week.

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I am neither brave nor stupid...I am just a part time trader
I love when ppl say 'Today rate hike will took place, imma long' so naively!
I used to do that, and innocent me, i get wreck every time,
The answer is Here
Trade at good levels or no trade at all!
Quoting Georginson
{quote} Target attained.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Quoting Coreg2004
{quote} Georginson, did you start to use EW principles in your TA?... {image}
I don't even know how to apply Elliot Waves, I'm just applying price action and distance covered on lower time frame (4 hours and 1 candles).
Swing and Intraday
1st TP for today 1581-1594
Waiting....After news (Fed Chair Powell Speech), I will decide what to do?
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Forex is Easy, when you know the secrets....
Quoting Indiara
{quote} So market decided to eat my SL. Easy to say now that I should have taken some pips, but I will not look back, only look forward! So much news was bound to cause problems, so I'm not sad. Still ahead this week. {image}
learn to trade gu, it is much better
With 9.1% from 8.9% Eurozone HCPI expected on Sept 16(i think)
ECB projection for Real GDP Growth rate rises from 2.8% (June) to 3.1%(Sept) for 2022,
And ECB inflation projection raise from 7.4% (6.8%-8%)[expected] to Avg 8.1%

On OCT 27, we might see ECB hike another 75bps.

But for the time being, i think swap market will start to priced in 50bps hike, depending on the tone at the conference
Trade at good levels or no trade at all!
Quoting maxi444
{quote} learn to trade gu, it is much better
All pairs have their personality, but when so much news comes along it really is a gamble. I gambled with my sure 40 pips, and I lost. So I came out with no win and no loss. Is ok, my eyes were open. Another day tomorrow
I am neither brave nor stupid...I am just a part time trader
Quoting Indiara
{quote} All pairs have their personality, but when so much news comes along it really is a gamble. I gambled with my sure 40 pips, and I lost. So I came out with no win and no loss. Is ok, my eyes were open. Another day tomorrow
often the news are no trade, better it is before or following the news
Quoting maxi444
{quote} often the news are no trade, better it is before or following the news
Yes, but I was already in my trade about 4 hours before the news. I could exit before the news, or ride the news and see. I chose to ride the news.
I am neither brave nor stupid...I am just a part time trader
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