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Cable Update (GBPUSD)

  • #685,301
  • Sep 19, 2022 3:18am Sep 19, 2022 3:18am
SWITCHED TO LONG
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yes yes yes
  • #685,302
  • Sep 19, 2022 3:19am Sep 19, 2022 3:19am
i am short from 1.1416
  • #685,303
  • Sep 19, 2022 3:19am Sep 19, 2022 3:19am
We might see a retracement now, but its gonna like a bumpy road (Compression formation is expected to happen on the retracement to trap bullish traders) then... sellers take over
More time in the market, does not mean you trade better!
  • #685,304
  • Sep 19, 2022 3:24am Sep 19, 2022 3:24am
Quoting Theoak
Waiting for this to retrace to 1.1400. Will then try short if sets up!
sell, sell, sell, ..... use the retracement to build positions

let profits run

stop loss 2CLB
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #685,305
  • Sep 19, 2022 3:30am Sep 19, 2022 3:30am
all trades are at BE max it can do is reduce my exposure
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  • #685,306
  • Sep 19, 2022 3:34am Sep 19, 2022 3:34am
Hi guys,
This is my view for the next swing. Because the 1st wave was short, the last (5) will be short as well.
Test (2,5) exactly at the point I anticipated. For me is BULL for now, lets see where the new 1st wave will be corrected (50%?) and how long it will be.
SL > 100p
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  • #685,307
  • Sep 19, 2022 3:39am Sep 19, 2022 3:39am
Quoting PatienceFx
all trades are at BE max it can do is reduce my exposure {image} {image}
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  • #685,308
  • Sep 19, 2022 3:44am Sep 19, 2022 3:44am
Quoting PatienceFx
{quote} {image}
i never trust that indicator because it looks like
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  • #685,309
  • Sep 19, 2022 3:47am Sep 19, 2022 3:47am
cable actively doing stop hunts and trapping bulls
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  • #685,310
  • Sep 19, 2022 3:49am Sep 19, 2022 3:49am
Quoting Theoak
Waiting for this to retrace to 1.1400. Will then try short if sets up!
Short in at 1.1383
Don't trade what you think. Just what you see!!!
  • #685,311
  • Sep 19, 2022 3:51am Sep 19, 2022 3:51am
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yes yes yes
  • #685,312
  • Sep 19, 2022 3:58am Sep 19, 2022 3:58am
Quoting PatienceFx
{quote} i never trust that indicator because it looks like {image}
Removing these, there's almost nothing behind the scene
Thats why the bois have a trust issue and lose money on indicators
More time in the market, does not mean you trade better!
  • #685,313
  • Sep 19, 2022 3:58am Sep 19, 2022 3:58am
Quoting Theoak
{quote} Short in at 1.1383
Nice quick +11 pips one runner on target 1.1365


HIT TARGET OUT¬¬¬
Don't trade what you think. Just what you see!!!
  • #685,314
  • Sep 19, 2022 3:59am Sep 19, 2022 3:59am
25% of my account lost. I think that's enough for the day or I won't have any left to lose tomorrow.
  • #685,315
  • Sep 19, 2022 4:03am Sep 19, 2022 4:03am
Quoting MrFanciful
25% of my account lost. I think that's enough for the day or I won't have any left to lose tomorrow.
Does pain me to see this but you're doing the right thing ...protect that bank
  • #685,316
  • Sep 19, 2022 4:03am Sep 19, 2022 4:03am
where are the bulls
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  • #685,317
  • Sep 19, 2022 4:04am Sep 19, 2022 4:04am
Pending long at 1350. I hate to go against Monday flow but I think 1350-30 should give me some bounce.
  • #685,318
  • Sep 19, 2022 4:04am Sep 19, 2022 4:04am
Still waiting for a good support zone to buy. Not gonna short since we are in a land mine of buyers. Better wait than rush and made some bad move. We dont need to eat all pips. But catch the majority of 'em
More time in the market, does not mean you trade better!
  • #685,319
  • Sep 19, 2022 4:09am Sep 19, 2022 4:09am
I just don't get.

It seems to me that with the dollar just continuing to rise and most other things (not just other fiat currencies) falling; that the world thinks that the dollar is the most undervalued asset in the world and the place the people they want to entrust their money to is Jerome Powell and Janet Yellen.
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  • #685,320
  • Sep 19, 2022 4:11am Sep 19, 2022 4:11am
Quoting Mitiblotch
Pending long at 1350. I hate to go against Monday flow but I think 1350-30 should give me some bounce.
Problem is that price opened below weekly pivot!
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