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Cable Update (GBPUSD)

  • #692,301
  • Oct 5, 2022 11:33pm Oct 5, 2022 11:33pm
Net long at the moment. I will see how it goes. If needed I will go net short
WARNING: This post warps space and time in its vicinity.
  • #692,302
  • Oct 5, 2022 11:48pm Oct 5, 2022 11:48pm
GBP/USD is finding some resistance around 1.13800 during the Asian session today, and it will be interesting to see if the pair faces a stronger rejection from this level when Europe and the US come online, or if it can break higher.

With focus shifting towards tomorrow's US NFP report, cable's direction from here will likely depend on speculation regarding the Fed's tightening cycle and whether that helps the USD start a new leg higher, or adds to the recent pullback.

All trading carries risk, but it will be interesting to see how this develops heading into the weekend.
  • #692,303
  • Oct 5, 2022 11:53pm Oct 5, 2022 11:53pm
Quoting JameRomeo168
I'm joining the bull party as well with TP 1.13750 Lord Moty, please bring out your rocket

TP hit with 92 pips banked

Will stay aside and wait until after NFP announcement.

Happy Trading to all
With courage, patience, and discipline, success is a matter of time.
  • #692,304
  • Oct 6, 2022 12:04am Oct 6, 2022 12:04am
Quoting suhas316
{quote} 15 min chart {image}
Lets see if it breaks above or breaks trendline downside
its 15 min chart
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!! Radha Radha !!
  • #692,305
  • Oct 6, 2022 12:11am Oct 6, 2022 12:11am
Buy above 1.1350
Sell below for me
  • #692,306
  • Oct 6, 2022 12:25am Oct 6, 2022 12:25am
Long 1.1351 SL 1.1310 TP 1.1430
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #692,307
  • Oct 6, 2022 12:29am Oct 6, 2022 12:29am
Will we go to the 1148 resistance zone before another leg down for tomorrow NFP.
It will be a bumpy ride to the up.
More time in the market, does not mean you trade better!
  • #692,308
  • Oct 6, 2022 12:52am Oct 6, 2022 12:52am
Quoting eyefeelsix
{quote} hehe... sometimes the market gives it when we are bored, pending order filled --- my sl reduced to save pips {image}
sl+ 60p safe, and hooold..

Attached Image (click to enlarge)
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https://breakpullback.com
  • #692,309
  • Oct 6, 2022 12:54am Oct 6, 2022 12:54am
Quoting TheWolf
{quote} It took me A WHILE to start trusting my plans LoL. A WHILE... Easy does it. We have Asian session, American session, but you sleeping session!
I have Uncle Frankfurt session & London session. Then sleepy session followed by go-to-work session!! Sometimes London session is very good to me, other times he makes me wait for a few days. But I still learn
I am neither brave nor stupid...I am just a part time trader
  • #692,310
  • Oct 6, 2022 12:57am Oct 6, 2022 12:57am
Hello friends. The end of the week is close and I think that the long term future of my UJ trade will be decided by NFP. I don't mind to hold it and to add to it if it trends down, but I think that if it stays in this range, nothing will happen. I will decide later

So I hope we get a nice London session to finish the week. I found a cute T Shirt for me with a cats face! I will buy it tomorrow to remind me to stay in the long grass.
I am neither brave nor stupid...I am just a part time trader
  • #692,311
  • Oct 6, 2022 12:59am Oct 6, 2022 12:59am
Short position on GBP/JPY still alive!
However, I'm with you guys that Pound is going to get close to 1.15 today, but since the 4H is still inconclusive I'll stay aside suggesting anything. Kuroda will come out with statements soon..
  • #692,312
  • Oct 6, 2022 12:59am Oct 6, 2022 12:59am
Quoting Fardeen1209
{quote} Americans are investing heavily in other countries. May benot officially, but many take overs are being take place around the world by Americans rn. They are getting everything at discounted price!
That has always been the same, let market fall and rich pickings can be bought for a fraction of the cost.
Chinese and russians very good at it.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #692,313
  • Oct 6, 2022 1:02am Oct 6, 2022 1:02am
Quoting RaHaG0D
Short at 1.13612 - TP : 20p There is a possibility that the price will go up & I will add again Today's daily target: 20 pips (total trades)
It took some time to reach the target I like my trades to close quickly!!! It didn't go high enough to add according to the checklist, it fluctuated & played in my entry area
Anyway (with one trade) the daily target is completed Have a good trading day
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There is nothing wrong with being kind & loving to each other
  • #692,314
  • Edited 1:35am Oct 6, 2022 1:04am | Edited 1:35am
This is asia
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Intraday only.
  • #692,315
  • Oct 6, 2022 1:07am Oct 6, 2022 1:07am
Quoting Yngwie
Long 1.1351 SL 1.1310 TP 1.1430
Reload 1.1330
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #692,316
  • Oct 6, 2022 1:07am Oct 6, 2022 1:07am
Quoting navk
This is asia {image}
素晴らしい Navk San!
  • #692,317
  • Oct 6, 2022 1:11am Oct 6, 2022 1:11am
Quoting Yngwie
{quote} Reload 1.1330
interesting drop there… seems FO will bring it down , will LO bring it down below 113.
Insane in the Brain..
  • #692,318
  • Oct 6, 2022 1:12am Oct 6, 2022 1:12am
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  • #692,319
  • Oct 6, 2022 1:12am Oct 6, 2022 1:12am
GAP filled.
Will wait for this 30mins candle to close, since it is frank fart
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More time in the market, does not mean you trade better!
  • #692,320
  • Oct 6, 2022 1:14am Oct 6, 2022 1:14am
I just saw on the calendar that Kuroda San will be speaking soon, but I don't think he will move the market much. He talks too much!
I am neither brave nor stupid...I am just a part time trader
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