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Cable Update (GBPUSD)

  • #682,221
  • Sep 9, 2022 1:26am Sep 9, 2022 1:26am
Quoting Otiken
It seems price is forming inverted head and shoulder. We will never know until price moves above 1.16180..... My position size is just half my comfortable size. I will wait for whatever price will bring to table. My three trading rule...... 1. Preservation of capital. 2. Preservation of capital. 3. Preservation of capital. Enjoy your trading....... {image}
I'm still long bias........
Good move.......
At this current price, the level could hold and reverse or break. I can never tell......
I'm in less than 1% drawdown

Trade safe........
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  • #682,222
  • Sep 9, 2022 1:27am Sep 9, 2022 1:27am
Quoting eyefeelsix
{quote} as usual, I added short on the retest zone, loow risk is always there. I will joined with the bull if high of day breaks as my wave1 confirmation to the north {image}
when I'm wrong, stop loss saves me from the market accidents.

Attached Image (click to enlarge)
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https://breakpullback.com
  • #682,223
  • Sep 9, 2022 1:31am Sep 9, 2022 1:31am
Quoting Robinhood1
{quote} I am out of the market having closed my oil positions with some profits. I have the feeling that oil will make a final low below 79 even there might be a retracement now. Meanwhile, waiting for gbpchf to go long below 1.1124. {image}
As time goes by, below 1.1116
POSTMASTER
  • #682,224
  • Sep 9, 2022 1:44am Sep 9, 2022 1:44am
Long at tp 1.16200 go short
  • #682,225
  • Sep 9, 2022 1:46am Sep 9, 2022 1:46am
How is the queen dying making this mofo go up?
  • #682,226
  • Sep 9, 2022 1:48am Sep 9, 2022 1:48am
Quoting Bainbrito
I would like to say we should see 1.2 next but never hold my breath with forex. {image}
Hey everyone. Breathing now, 1.2 looking attainable
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  • #682,227
  • Sep 9, 2022 1:50am Sep 9, 2022 1:50am
Gbpusd and gold seem to move together and the gold trend longer term trend today is down. Short term trend like Gbpusd is up
  • #682,228
  • Sep 9, 2022 1:50am Sep 9, 2022 1:50am
monthly needs to close above 1.21 otherwise this thing is going lower
  • #682,229
  • Sep 9, 2022 1:56am Sep 9, 2022 1:56am
Quoting ScalaFX
Sell GU 1593 no TP no sl
Add 1599
People don't plan to lose. They lose because they don't plan.
  • #682,230
  • Edited 10:21am Sep 9, 2022 1:59am | Edited 10:21am
Quoting Wavegarrick
{quote} Bullish hints from a 4hr perspective. Trade safe, Cheers. {image}
Hi Guys,
One thing changes for me this time round. I have a 4hr candle close above my 60 Lwma (green) at 1.15366 ish. I also have full buy confirmation signals.
A 4hr close above 1.16000 as well as a 4hr close above my weekly pivot at 1.15885 is vital for bullish confirmation.
Pull backs towards 1.15500 could be used to enter buy trades. A 4hr close below 1.1500 will invalidate my bullish bias.
Possible targets 1.16820 and 1.18367.
Trade safe,
Cheers
Attached Image (click to enlarge)
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Trade to trade another day
  • #682,231
  • Sep 9, 2022 2:00am Sep 9, 2022 2:00am
This is a good sign
Attached Image (click to enlarge)
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  • #682,232
  • Sep 9, 2022 2:02am Sep 9, 2022 2:02am
Quoting Wavegarrick
{quote} Hi Guys, One thing changes for me this time round. I have a 4hr candle close above my 60 Lwma (green) at 1.15366 ish. I also have full buy confirmation signals. A 4hr close above 1.16000 as well as a 4hr close above my weekly pivot at 1.15885 is vital for bullish confirmation. Pull backs towards 1.1500 could be used to enter buy trades. A 4hr close below 1.15000 will invalidate my bullish bias. Possible targets 1.16820 and 1.18367. Trade safe, Cheers {image}
  • #682,233
  • Sep 9, 2022 2:04am Sep 9, 2022 2:04am
I have a Sell on UJ again. I hope that there is some energy left in this pair after Tokyo market today.

ps SL is in place now, just at todays high.

Attached Image (click to enlarge)
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I am neither brave nor stupid...I am just a part time trader
  • #682,234
  • Sep 9, 2022 2:05am Sep 9, 2022 2:05am
Quoting nAVIN2007
How is the queen dying making this mofo go up?
Weird but classic market makers behaviour... Today's close will be closely monitored.
Data + Stat + Risk/Emotions Management
  • #682,235
  • Sep 9, 2022 2:06am Sep 9, 2022 2:06am
Quoting Indiara
I have a Sell on UJ again. I hope that there is some energy left in this pair after Tokyo market today. ps SL is in place now, just at todays high. {image}
good trade
  • #682,236
  • Sep 9, 2022 2:07am Sep 9, 2022 2:07am
Quoting Indiara
I have a Sell on UJ again. I hope that there is some energy left in this pair after Tokyo market today. ps SL is in place now, just at todays high. {image}
A quick drop, so now SL is in profit to protect trade
I am neither brave nor stupid...I am just a part time trader
  • #682,237
  • Sep 9, 2022 2:07am Sep 9, 2022 2:07am
Quoting Moty
the crazy mf , has allrady reached the adr high 2 hours before lo maybe weekly R3 WILL stop him usually after reaching the weekly r3 , price goes down to weekly r2 {image} {image}
who is laughing now ? die uj mf
but another rule says , that price can go now to weekly R3 again
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yes yes yes
  • #682,238
  • Sep 9, 2022 2:07am Sep 9, 2022 2:07am
Quoting PatienceFx
{quote} good trade

Only if it works!
I am neither brave nor stupid...I am just a part time trader
  • #682,239
  • Sep 9, 2022 2:12am Sep 9, 2022 2:12am
Quoting Indiara
{quote} Only if it works!
i was late in taking this trade
  • #682,240
  • Sep 9, 2022 2:14am Sep 9, 2022 2:14am
Quoting ScalaFX
{quote} Add 1599
Not good but adding 1620
People don't plan to lose. They lose because they don't plan.
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