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Cable Update (GBPUSD)

  • #688,201
  • Sep 26, 2022 6:40pm Sep 26, 2022 6:40pm
Im long @ 1.0710 tp 1.0800 upper bb m30..sl 1.0648 lower bb m15
  • #688,202
  • Sep 26, 2022 6:58pm Sep 26, 2022 6:58pm
Quoting voeltoez
Im long @ 1.0710 tp 1.0800 upper bb m30..sl 1.0648 lower bb m15
Moved sl +10
  • #688,203
  • Sep 26, 2022 7:09pm Sep 26, 2022 7:09pm
Quoting Robinhood1
{quote} As it stands now 1.0770. Probably a bit higher in the end
going short is at 1.0817 still
POSTMASTER
  • #688,204
  • Sep 26, 2022 7:38pm Sep 26, 2022 7:38pm
Staying on the sideline at the moment, my strategy is now signaling a potential reversal. Will wait for a few more candle for confirmation.
Fortune favors the brave.
  • #688,205
  • Sep 26, 2022 8:25pm Sep 26, 2022 8:25pm
Went short but damn the volatility is causing my spread tonstay at 2 - 4 pips since yesterday. Used to be 1 - 2 pips.
Exhausted
  • #688,206
  • Sep 26, 2022 8:39pm Sep 26, 2022 8:39pm
Good start today from 2 dollars
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  • #688,207
  • Sep 26, 2022 8:54pm Sep 26, 2022 8:54pm
Quoting Georginson
Hello Guys 1.03 I projected has already happened but at a faster time than I ever imagined... Today I lost my prop firm accounts worth 1.3 million dollars having reached phase 2 in some with just 1.3% buy trade open yet the whole accounts breached at 1.0378... This is me saying goodbye to this heavily manipulated pair moving 500 pips in Tokyo session without any major event or news. It's sad that I have to leave this pair but my mental health is more important than any other thing. Good luck to everyone and stay safe. {image}
Sorry to hear George.
I too violated phase 2 account on Friday.
However my funded account is intact.
For the last 2 days i am taking very less risk in my funded account.
The spread for gu is very high 2 pips.
High volatile pairs not suitable for prop trading.
Take rest sometime.
Everything is part and parcel of the game
Cheers!
Intraday only.
  • #688,208
  • Sep 26, 2022 9:47pm Sep 26, 2022 9:47pm
Less brutal than the GBP. Possible EU sell .9945/1.0025. The last like formation. Produced a 1250 pip bounce. Quarter ending, beware of runaways. Peace out.
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those who can, do. those who cant, talk about those who can
  • #688,209
  • Sep 26, 2022 9:54pm Sep 26, 2022 9:54pm
Quoting eyefeelsix
{quote} I really see what's going on there --- sterling VS ( yen and dollar ) lol preparation for flight, currently long atm my size shrinks sl space widens --- fixed risk {image}
come on sterling get up! These waves are clearly to see
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https://breakpullback.com
  • #688,210
  • Sep 26, 2022 10:02pm Sep 26, 2022 10:02pm
Quoting Georginson
Hello Guys 1.03 I projected has already happened but at a faster time than I ever imagined... Today I lost my prop firm accounts worth 1.3 million dollars having reached phase 2 in some with just 1.3% buy trade open yet the whole accounts breached at 1.0378... This is me saying goodbye to this heavily manipulated pair moving 500 pips in Tokyo session without any major event or news. It's sad that I have to leave this pair but my mental health is more important than any other thing. Good luck to everyone and stay safe. {image}
ohh Georg, feel sad to hear that, it's not the end of everything, try again! and keep stronger baba.
https://breakpullback.com
  • #688,211
  • Sep 26, 2022 10:07pm Sep 26, 2022 10:07pm
ate most of my gains for the day... need to double down next time.
"No trade is still a trade." - Peter Borish
  • #688,212
  • Sep 26, 2022 10:28pm Sep 26, 2022 10:28pm
GBP 36 year low ATL.. Time to take a vacation.. Let here bounce w/o me. Possible GU short after a bounce like eu. 1.1933/1.2. The last time eu was in a like situation it bounced 1250 pips.. Gu should have some apathy with it. I look to sell after. 0.8 or 0.77. Waiting for a reload.
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those who can, do. those who cant, talk about those who can
  • #688,213
  • Edited 10:45pm Sep 26, 2022 10:32pm | Edited 10:45pm
I am going long shortly. It may retrace to 1.09xxx

My view today:

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  • #688,214
  • Sep 26, 2022 11:27pm Sep 26, 2022 11:27pm
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  • #688,215
  • Sep 26, 2022 11:31pm Sep 26, 2022 11:31pm
Quoting Waveskierrob
{image}
That's why I don't trust this beast
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  • #688,216
  • Sep 26, 2022 11:42pm Sep 26, 2022 11:42pm
Price action over the last few days has shaped up like a classic downside breakout from the bearish channel cable was trading in. While the pair did manage to bounce from the ATL it hit early in yesterday's Asian session, any potential rebound could be limited by the former trendline support.

All trading carries risk, but it will be interesting to see if GBP/USD can actually retrace slightly before a new leg lower, or if the aggressive breakdown continues over the week.
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  • #688,217
  • Sep 26, 2022 11:49pm Sep 26, 2022 11:49pm
Hourly
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  • #688,218
  • Sep 27, 2022 12:01am Sep 27, 2022 12:01am
Bulls losing ground again
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  • #688,219
  • Sep 27, 2022 12:19am Sep 27, 2022 12:19am
They knows something we dont!
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More time in the market, does not mean you trade better!
  • #688,220
  • Sep 27, 2022 12:31am Sep 27, 2022 12:31am
Breakout imminent to the upside.
WARNING: This post warps space and time in its vicinity.
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