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Cable Update (GBPUSD)

  • #689,101
  • Sep 28, 2022 8:51am Sep 28, 2022 8:51am
Quoting thevisitor
{quote} will break...
Who knows they may be trapping the bulls again

I never marry my trading plan
WARNING: This post warps space and time in its vicinity.
  • #689,102
  • Sep 28, 2022 8:52am Sep 28, 2022 8:52am
Quoting Headland
...1hr bull engulf close 1hr below {image}
I like this chart. Hopefully it breaks to the downside despite all the shenanigans.
  • #689,103
  • Sep 28, 2022 8:52am Sep 28, 2022 8:52am
Quoting Robinhood1
Posibility reaching around 1.0800. I may be wrong
Keep posting random numbers. you'll be right sooner or later...believe it not that's how I trade
  • #689,104
  • Sep 28, 2022 8:53am Sep 28, 2022 8:53am
Hi, I know it isn't Cable related, but anyone able to give me a heads up on the Gold rush? Thanks.
  • #689,105
  • Sep 28, 2022 8:53am Sep 28, 2022 8:53am
We could see 108Xx maybe as far as 10850 but I can’t see the bulls getting much more as the weakness in the currency is still there. A huge rate rise can also have the reverse effect of causing a bigger recession due to foreclosures etc
Insane in the Brain..
  • #689,106
  • Sep 28, 2022 8:55am Sep 28, 2022 8:55am
Quoting WizardTrade
Did anyone lose an account today?
Me, my $40 account due to that spike. And my SL wasn't honored
Exhausted
  • #689,107
  • Sep 28, 2022 8:55am Sep 28, 2022 8:55am
Quoting Elysion
{quote} Me, my $40 account due to that spike. And my SL wasn't honored
But I recovered just now.
Took the bull run. Good run.
Exhausted
  • #689,108
  • Sep 28, 2022 8:56am Sep 28, 2022 8:56am
Quoting BeeTogether
We could see 108Xx maybe as far as 10850 but I can’t see the bulls getting much more as the weakness in the currency is still there. A huge rate rise can also have the reverse effect of causing a bigger recession due to foreclosures etc
Highest is likely where the spike got shoot down.
Other than that I don't see any further uptrend while the below zones are still empty.
Exhausted
  • #689,109
  • Sep 28, 2022 8:57am Sep 28, 2022 8:57am
Looks like selling into the rally
making sharp moves.
Traders dream
Investors nightmare's

The underlining conditions have not changed
May the PIP's be with you.
  • #689,110
  • Sep 28, 2022 8:58am Sep 28, 2022 8:58am
Quoting Elysion
{quote} Me, my $40 account due to that spike. And my SL wasn't honored
Wish you all the best mate.
WARNING: This post warps space and time in its vicinity.
  • #689,111
  • Sep 28, 2022 9:01am Sep 28, 2022 9:01am
Quoting thevisitor
{quote} will break...
Quoting WizardTrade
{quote} Who knows they may be trapping the bulls again I never marry my trading plan
See? There the bears are, haunting the bulls again. This choppiness is tradeable ONLY if you don't marry your trade plans current level of 1.06 is dear to many institutional players and they are chopping off accounts either side of the level

Again, be safe. They are out on a slaughter mission
WARNING: This post warps space and time in its vicinity.
  • #689,112
  • Sep 28, 2022 9:04am Sep 28, 2022 9:04am
I know it makes no sense, as it been a bear party for as long as I can remember....

I think we can be bullish on this pair, but I will be trading what I see, but with a Bullish prospective!!
Don't trade what you think. Just what you see!!!
  • #689,113
  • Sep 28, 2022 9:04am Sep 28, 2022 9:04am
Quoting bilal1947
I Expect GU to reach here {image}
Did you notice this: just 10 pips short, i am not bullish yet.

Note: i will only be sharing educational posts, no signals, no $$$ dollars or entries taken.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
"Exchange of hands"
  • #689,114
  • Sep 28, 2022 9:07am Sep 28, 2022 9:07am
recent post is crashing..
previous post is recovery..
now is about whipsaw...
what's next?
PDX adjusts risk, not scales..
  • #689,115
  • Sep 28, 2022 9:08am Sep 28, 2022 9:08am
Quoting T721
{quote} thats the mistake everyone makes on demo. you wouldnt make those returns on your live account. you need to treat demo exactly the same as if it were your own money. Thats the way you will learn. 100% 5000% on demo will never help you. just my 2cents
The 5.4% profit I just made on my live account is much more realistic.

On my live I'm essentially looking for 1-2 high probability setups a day for 15-20 pips each, and that's it. I'm wanting to use my demo to show me how often these setups come with my strategy so I'm not always rushing in and thinking I have to take the trade or I'll miss the opportunity.

I'm not wishing to trade for such ludicrous profits because they are unrealistic as you said. My setup provides me with enough setups throughout the day so I can say "who cares if I missed that one, another is around the corner"

I want to make a couple profitable trades so I'm not glued to my screen all day everyday and hopefully have a chance at living my only life.
  • #689,116
  • Sep 28, 2022 9:09am Sep 28, 2022 9:09am
Quoting bilal1947
{quote} Did you notice this: just 10 pips short, i am not bullish yet. Note: i will only be sharing educational posts, no signals, no $$$ dollars or entries taken. {image}
Brilliant....so what can we learn from this post
  • #689,117
  • Sep 28, 2022 9:10am Sep 28, 2022 9:10am
Powell in 4 minutes..
  • #689,118
  • Sep 28, 2022 9:15am Sep 28, 2022 9:15am
Quoting Waveskierrob
{quote} Brilliant....so what can we learn from this post
every box i draw has it's premium, mid level and discount.
"Exchange of hands"
  • #689,119
  • Sep 28, 2022 9:17am Sep 28, 2022 9:17am
Did anybody have 61.8fib ext
  • #689,120
  • Sep 28, 2022 9:18am Sep 28, 2022 9:18am
Pending Short
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.png Size: 5 KB
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