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Cable Update (GBPUSD)

  • #692,161
  • Oct 5, 2022 10:25am Oct 5, 2022 10:25am
Quoting LvMMT
{quote} closed Gbp Usd and Eur Usd... in negative... both paires... God bless everyone!
+28 added & +35 added...
I recovered the loss...

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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #692,162
  • Oct 5, 2022 10:25am Oct 5, 2022 10:25am
Quoting Fardeen1209
Daily chart forming a bearish engulfing candle. Will we see the drop continues, since it is now officially BOE didnt intervene much in the gilts market as an emergency or so ethibg. So who the hell were buying all this time. Think this is a foul play by BOE cause they knew the drop will resume the moment they will stop buying (14th-as they previously mentionned)
Today Daily Candle will be closed either as Bearish Engulfing or Hanging Man. There is very low chance it will be closed in green.

Whether it is Bearish Engulfing or Hanging Man, it will be not good sign for Bull at tomorrow.
With courage, patience, and discipline, success is a matter of time.
  • #692,163
  • Oct 5, 2022 10:26am Oct 5, 2022 10:26am
Quoting Wavegarrick
{quote} {quote} No sir, you are totally wrong. 3800 pips in profit and going strong. It is sad that obvious things are so misconstrued by you and your partner. But hey it is what it is. Your blinkers will come off soon and so will the rest of the forum Cheers. {image}
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  • #692,164
  • Oct 5, 2022 10:27am Oct 5, 2022 10:27am
Quoting bilal1947
short at 1.13275 - aggressive entry - 12 pip sl
Will set to BE and take partials
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"Exchange of hands"
  • #692,165
  • Oct 5, 2022 10:30am Oct 5, 2022 10:30am
Quoting bilal1947
{quote} wow - thats almost 16 lots at the same time, but how do you handle risk management in pips or % - need your expert opinion please. regards bilal
https://www.forexfactory.com/search?searchid=39648340
  • #692,166
  • Oct 5, 2022 10:30am Oct 5, 2022 10:30am
Going to short this beast in couple of hours
WARNING: This post warps space and time in its vicinity.
  • #692,167
  • Oct 5, 2022 10:32am Oct 5, 2022 10:32am
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  • #692,168
  • Oct 5, 2022 10:32am Oct 5, 2022 10:32am
If it breaks 164.20 I'm getting concerned. Then this short will fail.
I'll be out of my shorts then. 164.80 first 164.20 second. Third I closed which was at 163.500. Both SL's at 164.80 now.

Although this might be LH that we are witnessing at the moment on GBP/USD and GBP/JPY on Hourly chart.
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  • #692,169
  • Oct 5, 2022 10:33am Oct 5, 2022 10:33am
Quoting bilal1947
{quote} wow - thats almost 16 lots at the same time, but how do you handle risk management in pips or % - need your expert opinion please. regards bilal
Bro.
I can see weekly ON same as my target 2.

But few zone this rocket need to clear on its way.
See chart on M30. Do you see potential threat to the upside or just minor pullback on this zone.
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P/S Was 20 lot earlier, but cashed out to take quick scalp on GU.
Some extra leverage from cashing out from Gold trades last night.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #692,170
  • Oct 5, 2022 10:36am Oct 5, 2022 10:36am
Quoting parisboy
new Long position opened Target 1,3225 +/- 96 {image}

Top = 1,13275
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  • #692,171
  • Oct 5, 2022 10:38am Oct 5, 2022 10:38am
Quoting Wavegarrick
{quote} {quote} No sir, you are totally wrong. 3800 pips in profit and going strong. It is sad that obvious things are so misconstrued by you and your partner. But hey it is what it is. Your blinkers will come off soon and so will the rest of the forum Cheers. {image}
So you think that the rest of the forum have blinkers on and you are the only one without, that must make the other posters on here feel real special....you are a gem ...
  • #692,172
  • Oct 5, 2022 10:38am Oct 5, 2022 10:38am
Quoting Waveskierrob
{quote} {image}
Wow you caught that one!!!! Well done.
Trade to trade another day
  • #692,173
  • Oct 5, 2022 10:39am Oct 5, 2022 10:39am
Quoting Wavegarrick
{quote} Wow you caught that one!!!! Well done.
Thanks, love as always .....
  • #692,174
  • Oct 5, 2022 10:42am Oct 5, 2022 10:42am
...2nd largest p/back since the start of move up from 1.0327 today @ 269pips/153% 30day adr after 117% 13wk awr traveled so far this week to the current and likely dly hi. This resulted in a decisive downside break of the 1hr and 4hr rising wedges. Support @ the current dly lo around a 61.8% 4hr fib and in a prev 1hr/4hr sw hi zone that had been previously disrespected as rbs but on this 2nd time of asking provided the demand. (Circled in red on chart below.) Bullish hidden div on 4hr chart @ the current dly lo and may stay valid on any deeper pullback off today's current dly hi so long as above 0762.

38.2% of the move down and that prev 1hr sw lo zone the 1st upside obstacle for the bulls and some supply encountered there right now.

1hr below
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Trader with an Edge.
  • #692,175
  • Oct 5, 2022 10:42am Oct 5, 2022 10:42am
Quoting bilal1947
{quote} wow - thats almost 16 lots at the same time, but how do you handle risk management in pips or % - need your expert opinion please. regards bilal
The key is always on finding sweet spot entry
Kill the trade fast, if it doesn't work out in favour.
Tighten Stop as price progress, and cash out a bit , for doing so, it will bring positive nett to the whole trades.

Assuming that you're trading 0.05 lot per trade, your N3 not going to be sniper, as your're not sharply focus on the set up.
Using big account , need high focus ( during the N3).

My trading philosophy is simple.....
Make money fast and cut losses fast.

If you want to drag the trade for long term, you must be prepare for any eventuality happen in the world ( economics, war etc)
I want to sleep well at night and laugh with all friends in this thread.

Any drawdown reaching to USD 7,000, will get cut off in an instant. That is 3%.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #692,176
  • Oct 5, 2022 10:42am Oct 5, 2022 10:42am
Quoting DmShka
{quote} https://www.forexfactory.com/search?searchid=39648340
invalid link boss
"Exchange of hands"
  • #692,177
  • Oct 5, 2022 10:43am Oct 5, 2022 10:43am
Quoting tenkanzen
{quote} Another done. {image} Time to rest.
Equities should turn green to end the day. Pity, should had held.
  • #692,178
  • Oct 5, 2022 10:43am Oct 5, 2022 10:43am
Quoting Waveskierrob
{quote} So you think that the rest of the forum have blinkers on and you are the only one without, that must make the other posters on here feel real special....you are a gem ...
You are so wrong. The forum is catching up and can see what you are up to. We are not stupid and don't be a bubble head.
Trade to trade another day
  • #692,179
  • Oct 5, 2022 10:45am Oct 5, 2022 10:45am
Quoting Whale
{image}
SL plus 5
Good night
  • #692,180
  • Oct 5, 2022 10:45am Oct 5, 2022 10:45am
Quoting Waveskierrob
{quote} {image}
Bra....vo Horse.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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