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cable short for gbpusd? 10 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

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Take note, be safe, cheers.
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Regard NOOR16
Quoting Indiara
{quote} Thank you! Yes, if I can keep my account balance locked away and not at risk, then I'm happy.
I think everyone do that. All realized profits become margin and risk for the next trade. We just need to know how to make use of that profit to make more profit(compounding effect), protect it and make maximum trade out of it!
Riskin' ticks for points!
Quoting lddd
{quote} Update. Just came back home after i placed my trade this afternoon. Honestly said, i didn't expect to find my self still in the trade. Typically 9 out of 10 attempts to hit such a top or bottom are losing. Today seems to be different. Unfortunately, it's only Monopoly money. {image}
Update:

Still in to win it even :-) Although I didn't have a specific goal with the trade and this is just demo i decided to move the SL to about break even last evening (well about +10 Pips "locked" in).

The broker or some other manipulating forces obviously had no interest so far in taking me out. Today it's moving only in one direction and that's up (easy to see after the fact).

What is the trend? On my M15 chart it looks like we are in an uptrend considering i am only looking back for the last 24 hours where my screen stops printing more candles. On a scale of M5 and M1 it looks like moving up and down at the same time with no direction. So "noise". On the Daily, Weekly, Monthly it looks like we are still in a downtrend.

Maybe there is no trend at all and price just moves up and down, sometimes for a bit longer in one direction. If you would look back and mark the high/low since GBP/USD first started trading it's then ranging all time right. So the "trend" needs to be put in relation to TIME is that the conclusion? Well..

Anyhow. I expect to be stopped out soon

M15 (where i took the trade from and moved my SL while having watched no other period)

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M5 (up, up, up, down, down, up down down, up "chaos only faster") Right now it looks like "consolidation" (which again you can easily spot after the fact)

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Daily (Not sure this validates as a "Bullish Pin Bar". If so i guess i should now BUY and place my stop just below the wick to the bottom of that last closed daily candle)

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My daily trade's complete. This trade's extra. Let's see if the price can fall or not. If the price goes up, I will add it to the Short
I think the price will return to the range of 1.06. If it reaches this range, I will either close or risk-free
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It doesn't matter if I make a mistake. Never mind
yup let’s leave it for the news…
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Quoting WizardTrade
Ready for the profits on long
Yes Powell bro, bring the volatility we need.
WARNING: This post warps space and time in its vicinity.
OK which way will it break?
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pound is insanity
last post was about crashing.. this post is about recovering
instability to the infinity
PDX adjusts risk, not scales..
Need a hammer!
Alot of bulls are walking the recovering paths, hoping for more winning ways
Keep the Lights on then you can catch the rise from the dark.
Quoting WizardTrade
{quote} Yes Powell bro, bring the volatility we need.
Not sure what Powell is saying, but USD seems soft at the moment.
Quoting Nala66
OK which way will it break? {image}
100% Upside Move for next 100-150 Pips

its Enough Down Trend since last 6 months, its time for retrace upside.
Quoting tenkanzen
{quote} Not sure what Powell is saying, but USD seems soft at the moment.
I am ready whether he speaks or remains silent I am bringing my tanks to the battlefield
WARNING: This post warps space and time in its vicinity.
Quoting johncena
{quote} 100% Upside Move for next 100-150 Pips its Enough Down Trend since last 6 months, its time for retrace upside.
This is the reality, “Markets can remain irrational longer than you can remain solvent.” Retail side is always on the taking end.
WARNING: This post warps space and time in its vicinity.
Quoting johncena
{quote} 100% Upside Move for next 100-150 Pips its Enough Down Trend since last 6 months, its time for retrace upside.
look at the history GU is moving down from 2007, ant there are more than 6months in a row going down
Quoting WizardTrade
{quote} I am ready whether he speaks or remains silent I am bringing my tanks to the battlefield
Did you bring it to XAUUSD too? More movements there.
Quoting tenkanzen
{quote} Did you bring it to XAUUSD too? More movements there.
I will include XAUUSD and EURUSD into my portfolio after two months. I will then divide my balance equally among all instruments
WARNING: This post warps space and time in its vicinity.
Quoting WizardTrade
{quote} I am ready whether he speaks or remains silent I am bringing my tanks to the battlefield
The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
I am neither brave nor stupid...I am just a part time trader
Quoting Indiara
{quote} The calendar says: "Due to participate in a panel discussion about digital currencies at an event hosted by the Bank of France, in Paris;" so perhaps what he talks about will not have impact on USD. The market doesn't seem very interested so far.
That's the time for the pound to recover till 1.1 and then plunge to parity
WARNING: This post warps space and time in its vicinity.
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