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Cable Update (GBPUSD)

  • #686,041
  • Sep 21, 2022 1:56am Sep 21, 2022 1:56am
The market may become bullish in NY session. I am ready for that
WARNING: This post warps space and time in its vicinity.
  • #686,042
  • Sep 21, 2022 1:56am Sep 21, 2022 1:56am
Quoting Indiara
{quote} This is what happens to me if I try to scalp!!
Do what works for you. never really go against the trend, but just did and doing it again as I believe it's going to be a ranging day. But just got burned

In long now at 1.1338 closed inside my 5 min boll band so lets see!!
Don't trade what you think. Just what you see!!!
  • #686,043
  • Sep 21, 2022 1:56am Sep 21, 2022 1:56am
Quoting Georginson
Dual scenarios for the last 8 trade days of this September... ✓Should 1.1350 hold, expect a sharp bounce to 1.1850 ✓Should 1.1737 hold, expect more drop to 1.1207 Pay very close attention to 1.1550 Below 1.1550 means 1.1207 Above 1.1550 means 1.1850... For tomorrow fomc Expect between 130 - 200 pips movement Application clues *Sell to 1.1270 as far as 1.1460 holds (stop loss at 1.1463) *Buy to 1.1510 as far as 1.1350 holds (stop loss at 1.1347) Choose wisely... And remember that there...
There is now an almost a sense of inevitability about the attainment of 1.1270 this week.

Easy and clear since price keeps trading below 1.1550... as I stated yesterday, expect between 130 - 200 pips range today... Good luck to everyone.
Data + Stat + Risk/Emotions Management
  • #686,044
  • Sep 21, 2022 1:56am Sep 21, 2022 1:56am
This morning's data on guru was supposed to be medium impact .....blue sticker revised data and Putins comment spooked the market and they dumped guru & euro.3 longs under water....
average dude treading water
  • #686,045
  • Sep 21, 2022 1:56am Sep 21, 2022 1:56am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 11 KB
yes yes yes
  • #686,046
  • Sep 21, 2022 2:02am Sep 21, 2022 2:02am
https://www.bbc.co.uk/news/live/world-62970683
  • #686,047
  • Sep 21, 2022 2:05am Sep 21, 2022 2:05am
Quoting Theoak
{quote} Do what works for you. never really go against the trend, but just did and doing it again as I believe it's going to be a ranging day. But just got burned In long now at 1.1338 closed inside my 5 min boll band so lets see!!
Hope to half load ay 1.1353 as its got a chance to go down again!
Don't trade what you think. Just what you see!!!
  • #686,048
  • Sep 21, 2022 2:07am Sep 21, 2022 2:07am
DXY already making a new high
More time in the market, does not mean you trade better!
  • #686,049
  • Sep 21, 2022 2:07am Sep 21, 2022 2:07am
I seriously hate stop hunts but it's risky without placing stop loss
Exhausted
  • #686,050
  • Sep 21, 2022 2:08am Sep 21, 2022 2:08am
I have a Sell on UJ at the moment. I will protect the trade as soon as I can because the market is a little crazy. The setup is ok, but the market is silly.

Attached Image (click to enlarge)
Click to Enlarge Name: uj.jpg Size: 114 KB
I am neither brave nor stupid...I am just a part time trader
  • #686,051
  • Sep 21, 2022 2:09am Sep 21, 2022 2:09am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 15 KB
yes yes yes
  • #686,052
  • Sep 21, 2022 2:09am Sep 21, 2022 2:09am
Quoting Georginson
{quote} There is now an almost a sense of inevitability about the attainment of 1.1270 this week. Easy and clear since price keeps trading below 1.1550... as I stated yesterday, expect between 130 - 200 pips range today... Good luck to everyone.
Honored to have people like you and Pat in this forum.
WARNING: This post warps space and time in its vicinity.
  • #686,053
  • Sep 21, 2022 2:12am Sep 21, 2022 2:12am
Quoting WizardTrade
{quote} Honored to have people like you and Pat in this forum.
Thanks mate... I'm also honoured to have your sincere and well thought contributions. Keep up the good work. Good luck to us all.
Data + Stat + Risk/Emotions Management
  • #686,054
  • Sep 21, 2022 2:14am Sep 21, 2022 2:14am
Quoting Indiara
I have a Sell on UJ at the moment. I will protect the trade as soon as I can because the market is a little crazy. The setup is ok, but the market is silly. {image}
thanks
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 18 KB
  • #686,055
  • Sep 21, 2022 2:14am Sep 21, 2022 2:14am
Quoting donfriday
{quote} let play a game red light green light scalp long 1.1325 the market need to wait for FOMC

closed 25pips

breakfast
MY OPINION NOT FINANCIAL ADVISE
  • #686,056
  • Sep 21, 2022 2:16am Sep 21, 2022 2:16am
Quoting WizardTrade
The market may become bullish in NY session. I am ready for that

small pips doesnt make the market bullish

it required some distance to cover before
MY OPINION NOT FINANCIAL ADVISE
  • #686,057
  • Sep 21, 2022 2:17am Sep 21, 2022 2:17am
Quoting Theoak
{quote} Hope to half load ay 1.1353 as its got a chance to go down again!
Half position now as it could turn stops be run it
Don't trade what you think. Just what you see!!!
  • #686,058
  • Sep 21, 2022 2:17am Sep 21, 2022 2:17am
Quoting PatienceFx
{quote} thanks {image}
I have the trade protected now. The trade may not work in the silly market of today, but I feel ok selling UJ, not buying it.
I am neither brave nor stupid...I am just a part time trader
  • #686,059
  • Sep 21, 2022 2:20am Sep 21, 2022 2:20am
Quoting donfriday
{quote} small pips doesnt make the market bullish it required some distance to cover before
I agree mate. Let's see what it brings in the rest of the week to come.
WARNING: This post warps space and time in its vicinity.
  • #686,060
  • Sep 21, 2022 2:21am Sep 21, 2022 2:21am
Quoting Indiara
{quote} I have the trade protected now. The trade may not work in the silly market of today, but I feel ok selling UJ, not buying it.
UJ - playing with fire!!!!
Don't trade what you think. Just what you see!!!
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