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Cable Update (GBPUSD)

  • #687,181
  • Sep 23, 2022 6:34am Sep 23, 2022 6:34am
to me it looks like 1019 is lows.

One never knows .

I am maintaining risk, stop.
Intraday only.
  • #687,182
  • Sep 23, 2022 6:35am Sep 23, 2022 6:35am
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hmm. Reason for the fall?
  • #687,183
  • Sep 23, 2022 6:35am Sep 23, 2022 6:35am
I expect a 300 to 400 pips push from this area...
GU is craving for a CORRECTION ..
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  • #687,184
  • Sep 23, 2022 6:36am Sep 23, 2022 6:36am
https://www.bloomberg.com/news/live-...uverify%20wall

Economic plan to the bottom
  • #687,185
  • Sep 23, 2022 6:39am Sep 23, 2022 6:39am
Quoting yelena
{quote} From AUG-DEC 2014 there were rumors that SNB will defend EURCHF at 1:1.20000. Come January 15(??) 2015 EURCHF dropped 27,000 pips to 0.740000 .......... OFFICIALLY. 4 hours it was raining money, it was as clear as day. I remember... I was drinking hot choco while my broker suspended my profits. There are limits to TP, I learned. The spread was wobbling from 2,000-4,000 pips. In my original screenshot (cant find it now, probably in old computer) the actual price went as low as 0.08000. But my current broker only displays upto 0.7400. Some...

WOW!! That must have been a terrible time to have been in the market. I suppose it must have exposed brokers who didn't pass on the trades to the market. They must have lost a lot of money, and is not their money to lose. What a nightmare. I hope you didn't suffer?
I am neither brave nor stupid...I am just a part time trader
  • #687,186
  • Sep 23, 2022 6:39am Sep 23, 2022 6:39am
I am gonna eat more money next week
WARNING: This post warps space and time in its vicinity.
  • #687,187
  • Sep 23, 2022 6:39am Sep 23, 2022 6:39am
Quoting navk
{quote} my chart shows 253.3 pips drop today. NY yet to open
This week range stands at 440 pips as I type and it is the second largest weekly range since February April 2020... The highest happened in June 2022 being 473 pips ...

This current month range being 717 pips is the second largest monthly range since September 2020... Second only to April 2022 range of 752 pips...
Data + Stat + Risk/Emotions Management
  • #687,188
  • Sep 23, 2022 6:40am Sep 23, 2022 6:40am
Quoting LeongPuiy
{quote} wait for US PMI later , if it below 50 maybe some pullback from gu , if higher 50 maybe more drop. just data view , i may wrong, just predict
I think that I will not trade GU again until next week. I don't want to put my hand in the fire!!
I am neither brave nor stupid...I am just a part time trader
  • #687,189
  • Sep 23, 2022 6:42am Sep 23, 2022 6:42am
Quoting Indiara
{quote} I think that I will not trade GU again until next week. I don't want to put my hand in the fire!!
Get back in the long grass!!!
Don't trade what you think. Just what you see!!!
  • #687,190
  • Sep 23, 2022 6:43am Sep 23, 2022 6:43am
Quoting Indiara
{quote} I think that I will not trade GU again until next week. I don't want to put my hand in the fire!!
already building longs
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  • #687,191
  • Sep 23, 2022 6:44am Sep 23, 2022 6:44am
Quoting Theoak
{quote} Get back in the long grass!!!
I'm in the long grass now.....watching UJ through my sunglasses
I am neither brave nor stupid...I am just a part time trader
  • #687,192
  • Sep 23, 2022 6:47am Sep 23, 2022 6:47am
Quoting yelena
{quote} From AUG-DEC 2014 there were rumors that SNB will defend EURCHF at 1:1.20000. Come January 15(??) 2015 EURCHF dropped 27,000 pips to 0.740000 .......... OFFICIALLY. 4 hours it was raining money, it was as clear as day. I remember... I was drinking hot choco while my broker suspended my profits. There are limits to TP, I learned. The spread was wobbling from 2,000-4,000 pips. In my original screenshot (cant find it now, probably in old computer) the actual price went as low as 0.08000. But my current broker only displays upto 0.7400. Some...
i remember that day well. i was on the right side of it and kept trying to take profits but market was moving so damn quick it took me about 10 attempts to close position. made some heavy profits but couldnt get out near bottom. was a crazy move and like you say the spread was huuuge
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  • #687,193
  • Sep 23, 2022 6:47am Sep 23, 2022 6:47am
Quoting Pat Chiko
How it started.......... {quote} Then comes the copy trade {quote} GU End of scalping. Thank you Waveskie (Best trader ever to have lived 4.0) {image}
That deserves an invite to my party
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  • #687,194
  • Sep 23, 2022 6:47am Sep 23, 2022 6:47am
actually testing my trade management ea with tiny lots
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  • #687,195
  • Sep 23, 2022 6:48am Sep 23, 2022 6:48am
the last lows and highs on the monthy has seen a rise from the fall, 2009 to 2015 is 3600 pips rise then in 2 years to 2017 a 5577 pip drop ,,,the rise was 2755 pips the next high low was around 3000 pips at this time we are in 3257 pip drop,, so if it goes to that 9983 thats a monthly tl touch and i have it at 61.8 fib and again over 5000 pip drop ,,and an expectation at this time of around 1.3000 to 1.3200 high ,,,just some quick numbers to think about
  • #687,196
  • Sep 23, 2022 6:49am Sep 23, 2022 6:49am
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buy order is waiting at 1055
  • #687,197
  • Sep 23, 2022 6:49am Sep 23, 2022 6:49am
Inserted Video
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  • #687,198
  • Sep 23, 2022 6:51am Sep 23, 2022 6:51am
Quoting Indiara
{quote} WOW!! That must have been a terrible time to have been in the market. I suppose it must have exposed brokers who didn't pass on the trades to the market. They must have lost a lot of money, and is not their money to lose. What a nightmare. I hope you didn't suffer?
You always wish people well. You are very kind.

It was a plentiful day for me. For years to come.

But a lot didn't implement SL. I can only wish them the same.

There were talks back then that even gravity works for prices. IMHO, it's okay not to put SL on shorts. But SL always on longs.... gravity
  • #687,199
  • Sep 23, 2022 6:52am Sep 23, 2022 6:52am
Ready for another move either side.
WARNING: This post warps space and time in its vicinity.
  • #687,200
  • Sep 23, 2022 6:52am Sep 23, 2022 6:52am
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sell order stop 55
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