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Cable Update (GBPUSD)

  • #691,361
  • Oct 4, 2022 2:18am Oct 4, 2022 2:18am
Quoting Bryan5229
{quote} It seems like the key level @1.14098 will be hit today.
Take-profit hit, expecting a range from this point on 30min chart.
Plan your trades and trade your plan.
  • #691,362
  • Oct 4, 2022 2:19am Oct 4, 2022 2:19am
Trap awaiting be carefull
average dude treading water
  • #691,363
  • Oct 4, 2022 2:20am Oct 4, 2022 2:20am
Quoting Indiara
{quote} Eeeek....it got to 1 pip before my TP and ran away! Never mind, trade is protected now
There we are....+32

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I am neither brave nor stupid...I am just a part time trader
  • #691,364
  • Oct 4, 2022 2:20am Oct 4, 2022 2:20am
t 08-19
cable. my 08-00 15 minute bar. High broke. i got 1% and a bit. lol. That bit adds up.
I have finished unless price drops.
Trade Well All.
t 08-20
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #691,365
  • Oct 4, 2022 2:22am Oct 4, 2022 2:22am
Quoting Georginson
{quote} Sold now at 1.1360, target 1.1260... second sell at 1.1400...
Second sell activated at 1.1400 now... I will set SL at 1.1500... weird moves on GU in the last 2 weeks...
Data + Stat + Risk/Emotions Management
  • #691,366
  • Oct 4, 2022 2:22am Oct 4, 2022 2:22am
Quoting Yngwie
Long 1.1200 SL 1.1160 If pass 1.1280 then straight to 1.1400
After 21 hours struggling. Touchdown for 200 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #691,367
  • Oct 4, 2022 2:24am Oct 4, 2022 2:24am
Added more short position at 1.14000 round number
Daily range 140 pips
yes yes yes
  • #691,368
  • Oct 4, 2022 2:26am Oct 4, 2022 2:26am
closing uj shorts. +25pips
DXY might retrace from here for another leg down.
More time in the market, does not mean you trade better!
  • #691,369
  • Oct 4, 2022 2:26am Oct 4, 2022 2:26am
GU is acting weired .. go down u mf
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  • #691,370
  • Oct 4, 2022 2:28am Oct 4, 2022 2:28am
Quoting Fardeen1209
closing uj shorts. +25pips DXY might retrace from here for another leg down.
I will let mine run until 144.000 If I TP there, I will set another Sell Limit at 144.96 just in case
I am neither brave nor stupid...I am just a part time trader
  • #691,371
  • Oct 4, 2022 2:30am Oct 4, 2022 2:30am
G/M, 5 consecutive bullish-bodied dly closes now and another > 30day adr day y/day. Another leg up in Asian session/early London and an upside breach of top of 1hr and 4hr rising wedges, - will have to wait and see if they form 'new' rising wedges. Current dly hi into that prev wkly/mthly sw lo zone (wide zones) that began @ 1410 (covid lo) and @ bottom too of a prev 30min sw hi zone on 1hr...also a fib there too & Dly R1. Above current dly hi a prev 4hr sw hi x 2 zone that extends to 1460 with a fib @ 1460 too.

1hr below
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Trader with an Edge.
  • #691,372
  • Oct 4, 2022 2:31am Oct 4, 2022 2:31am
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  • #691,373
  • Oct 4, 2022 2:33am Oct 4, 2022 2:33am
Quoting Indiara
{quote} I will let mine run until 144.000 If I TP there, I will set another Sell Limit at 144.96 just in case
Mine was for scalp. thought it would go 50pips but stuck at 30pips only for 5hrs.
I remove my sell limit for the time being cause i dont think BOJ will try to defend below or equal 145. May be 145.70 and around!
More time in the market, does not mean you trade better!
  • #691,374
  • Oct 4, 2022 2:33am Oct 4, 2022 2:33am
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  • #691,375
  • Oct 4, 2022 2:35am Oct 4, 2022 2:35am
Drop mf
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yes yes yes
  • #691,376
  • Oct 4, 2022 2:36am Oct 4, 2022 2:36am
Selling GU at 1.1440/50 is a good idea. Hope reach there
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #691,377
  • Oct 4, 2022 2:38am Oct 4, 2022 2:38am
Quoting gatorinla
{quote} took one short at 1375.. pend another at 1385. Back to bed.
S/o 1.1425.. Try again 1599
those who can, do. those who cant, talk about those who can
  • #691,378
  • Oct 4, 2022 2:39am Oct 4, 2022 2:39am
Quoting Moty
Drop mf {image}
how much can you stretch macd to the downside ? think
  • #691,379
  • Oct 4, 2022 2:39am Oct 4, 2022 2:39am
Bias against USD is rising, you know what that means..

Soon to reach 80% of traders net short USD/JPY.


It is also very, very fishy that Asians gave buy, Europe and London gave buy also. This is screaming WEIRD, I agree with Georginson.
You're all for a very sudden sell I think so stay sharp now! DXY is close to last HH and is about to form new HL in my opinion!
  • #691,380
  • Oct 4, 2022 2:39am Oct 4, 2022 2:39am
Quoting greenpips4
GU is acting weired .. go down u mf {image}
With USD tanking, how do you expect GU to go down?
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