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Cable Update (GBPUSD)

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  • Post #686,221
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  • Sep 21, 2022 10:09am Sep 21, 2022 10:09am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,236 Posts
Rangey mf
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  • Post #686,222
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  • Sep 21, 2022 10:10am Sep 21, 2022 10:10am
  •  Elysion
  • Joined Sep 2022 | Status: Member | 667 Posts
From what I see is that the market makers are keeping GU inside this box of 1.133 - 1.1350 until news
Novice Scalper, lots to learn. 100k goal next!
 
2
  • Post #686,223
  • Quote
  • Sep 21, 2022 10:11am Sep 21, 2022 10:11am
  •  Elysion
  • Joined Sep 2022 | Status: Member | 667 Posts
Quoting donfriday
Disliked
if u are watching this PA u must be feeling sleepy {image}
Ignored
Scalpers heaven, too bad I'm out.
Novice Scalper, lots to learn. 100k goal next!
 
1
  • Post #686,224
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  • Sep 21, 2022 10:12am Sep 21, 2022 10:12am
  •  Kimmymore
  • Joined Jan 2019 | Status: Member | 713 Posts
now : An error.

gu > 1.145xx


our eyes : Rsi 288 level 30 && up arrows.

-------------------------------------

need your time.

Can fomc tonight.
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  • Post #686,225
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  • Sep 21, 2022 10:18am Sep 21, 2022 10:18am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
Quoting donfriday
Disliked
if u are watching this PA u must be feeling sleepy {image}
Ignored
Unless you are scalping 1 pip each way
Soon To Be Temporarily Suspended Again
 
 
  • Post #686,226
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  • Sep 21, 2022 10:20am Sep 21, 2022 10:20am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,567 Posts
Out of my buy with little profit. Now no trades until FOMC except something drastic happens. I have kept a pending order at 1310 and will leave it except I see reason not to.

Good luck to us during fomc.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
7
  • Post #686,227
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  • Sep 21, 2022 10:30am Sep 21, 2022 10:30am
  •  donfriday
  • Joined Jan 2009 | Status: Member | 7,589 Posts | Online Now
Quoting Waveskierrob
Disliked
{quote} Unless you are scalping 1 pip each way
Ignored
That sound profitable 1 pip a day
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #686,228
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  • Sep 21, 2022 10:30am Sep 21, 2022 10:30am
  •  Kimmymore
  • Joined Jan 2019 | Status: Member | 713 Posts
That's D1 RSI ON M5.

=========GU > 1.14787

I know that GU = 1.158xx ( have to wait for the price moving next time.)

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  • Post #686,229
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  • Sep 21, 2022 10:36am Sep 21, 2022 10:36am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,128 Posts
booked
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Indicators on my chart help me guess the trade they do not guarantee result
 
 
  • Post #686,230
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  • Sep 21, 2022 10:41am Sep 21, 2022 10:41am
  •  Elysion
  • Joined Sep 2022 | Status: Member | 667 Posts
Oof, broke out of the range.
Novice Scalper, lots to learn. 100k goal next!
 
 
  • Post #686,231
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  • Sep 21, 2022 10:42am Sep 21, 2022 10:42am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
Quoting donfriday
Disliked
{quote} That sound profitable 1 pip a day
Ignored
A pip a day keeps the bailiffs away
Soon To Be Temporarily Suspended Again
 
1
  • Post #686,232
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  • Sep 21, 2022 10:55am Sep 21, 2022 10:55am
  •  KareemAliFx
  • Joined Oct 2019 | Status: Member | 1,183 Posts | Online Now
Quoting RaHaG0D
Disliked
{quote} If you don't mind, share your profit history as before. I enjoy it a lot. Although there are many people who say that it is a demo account
Ignored
I do not care what people think of my account. I post direction here and only a few notice my success. Believe in my trading or don’t but I’m always killing it!
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Master your mind. Master Trading.
 
7
  • Post #686,233
  • Quote
  • Sep 21, 2022 10:56am Sep 21, 2022 10:56am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,570 Posts | Online Now
Quoting Waveskierrob
Disliked
{quote} A pip a day keeps the bailiffs away
Ignored
it so used to be back in the day for me!
 
 
  • Post #686,234
  • Quote
  • Edited 11:24am Sep 21, 2022 10:57am | Edited 11:24am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,738 Posts
One account which produced low turn out today...i was scalping ( buying below 1330 ) and taking few pips.

But the result shows great number.
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Intraday only.
 
3
  • Post #686,235
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  • Sep 21, 2022 11:01am Sep 21, 2022 11:01am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
Just back at desk updating charts ...first b/o of the tight 5min-30min range and straight into demand at top of the prev minor 1hr x 2/minor 4hr sw lo zone that leads to today's current and current yrly lo. Hoping for some fireworks around fomc etc..

1hr below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #686,236
  • Quote
  • Sep 21, 2022 11:05am Sep 21, 2022 11:05am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,754 Posts
Adding to underwaters, now 1326 pendings 1311 1300 1288
People don't plan to lose. They lose because they don't plan.
1
4
  • Post #686,237
  • Quote
  • Sep 21, 2022 11:08am Sep 21, 2022 11:08am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,236 Posts
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  • Post #686,238
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  • Sep 21, 2022 11:09am Sep 21, 2022 11:09am
  •  Ropat
  • | Joined Sep 2009 | Status: Member | 14 Posts
The cable is resting on strong support, which it may break as the FOMC is released. What is the best trading idea. I think keeping off the trade.
 
2
  • Post #686,239
  • Quote
  • Sep 21, 2022 11:12am Sep 21, 2022 11:12am
  •  Headland
  • Joined Apr 2020 | Status: not posting atm | 5,176 Posts
...just as some scenarios, let's say we get:

a. +0.75% and a hawkish statwement - most likely reaction = buy $.
b. +0.75% and a dovish statement - most likely reaction = buy $ on knee-jerk, then sell it on digesting the statement.
c. < +0.75% and a dovish statement - most likely reaction = sell $
d. > +0.75% and a hawkish statement - most likely reaction = buy $
e. > +0.75% and a dovish statement - most likely reaction = buy $ on the knee jerk, then sell on digesting the statement

Anything can happen.

Then of course the press conference 30mins after the release.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
4
  • Post #686,240
  • Quote
  • Edited 1:41pm Sep 21, 2022 11:12am | Edited 1:41pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,716 Posts
Quoting KareemAliFx
Disliked
{quote} I do not care what people think of my account. I post direction here and only a few notice my success. Believe in my trading or don’t but I’m always killing it! {image} {image}
Ignored
Kareem, you should be happy that you don't have a bunch of thumbs up b/c it means you go against the sentiment on this thread, and this is in my opinion a winning approach.
When I get more than 6 thumbs up I start to examine my chart to check if I am not on the wrong side of the market.
Always trade your own plan...I don't provide trading signals.
 
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