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Cable Update (GBPUSD)

  • #692,361
  • Oct 6, 2022 2:08am Oct 6, 2022 2:08am
Quoting MrFanciful
{quote} Now that I'm selling, it'll go up. Stopped me out as I typed
only short trades for me
next short trade will be for 35 pips , this is the average move
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yes yes yes
  • #692,362
  • Oct 6, 2022 2:09am Oct 6, 2022 2:09am
Quoting PatienceFx
{quote} i am not speaking about retail sir
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More time in the market, does not mean you trade better!
  • #692,363
  • Oct 6, 2022 2:11am Oct 6, 2022 2:11am
Quoting billytt
{quote} U/J is currenly ranging on the daily. The 4 hour chart is looking good for trading inside bars , lots of uncertainty but it goes it will go. Trade well.

t 08-10
U/J speaking U/J, we had an inside bar 04-00 to 08-00 UK time, the high has broke. Lets see.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #692,364
  • Oct 6, 2022 2:17am Oct 6, 2022 2:17am
t08-17
Cable. the 08-00 15 minute bar. the high broke, i was in and out like i dont know what, lol. 1%
Now let price drop.
t 08-17
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #692,365
  • Oct 6, 2022 2:18am Oct 6, 2022 2:18am
Is it me or is it erratic as hell this morning?
  • #692,366
  • Oct 6, 2022 2:18am Oct 6, 2022 2:18am
Quoting tenkanzen
{quote} I know Kuroda hasn't really "honored" his words but of recent, it may seem that he has/is trying. He has expressed concerns about USDJPY surpassing 144/5, I think a couple of months back. Here we are right now, with USDJPY facing their toughest hurdle this year. So yeah. I'm not saying BoJ will beat other currencies, but this time round, they are indeed trying. PS: I like your aviators too lol.
Looking back on Kuroda San, he has always been talking tough, but not following up with action. So where we are now, the market is not too interested in his talk. If he expects the market to be intimidated by his speaking, then he has to follow up with action sometimes. I still have my Sell in action from 144.965 so it's ok with me. I can wait. But every time that he makes these threats and does not carry out any action, he looks weak, and market knows this.

I'm happy that you like my shades!
I am neither brave nor stupid...I am just a part time trader
  • #692,367
  • Oct 6, 2022 2:23am Oct 6, 2022 2:23am
USDX looks very happy to do nothing at the moment. Must be waiting for NFP. Perhaps then GU will not have much action either?

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I am neither brave nor stupid...I am just a part time trader
  • #692,368
  • Oct 6, 2022 2:27am Oct 6, 2022 2:27am
Quoting Indiara
USDX looks very happy to do nothing at the moment. Must be waiting for NFP. Perhaps then GU will not have much action either? {image}

good call, it could be a ranging day today. For the first time in a few weeks the crazy movement could be slowed down.

unless useless Liz removes her muzzle
Insane in the Brain..
  • #692,369
  • Oct 6, 2022 2:27am Oct 6, 2022 2:27am
Quoting MrFanciful
Is it me or is it erratic as hell this morning?
when we are in drawdown we feel the market is acting wiered but its not random at all..
i was in drawdown a few days ago and i was pissed why the market was acting all random without any reason. but when i closed all my position and viewed the market again it it was very clear it should have acted the way it acted
it was my bayas that i forced on the market which made me ignore price action
regards,
trade safe
  • #692,370
  • Oct 6, 2022 2:29am Oct 6, 2022 2:29am
G/M, A bearish dly candle y/day after 6 consec bullish-bodied candles on that t/f...a > 30day adr day again too...pullback on y/day's main downmove found sbr @ a prev 30min sw lo zone and has sold off from there - 1hr bearish hidden div there....now trades now just off that pullback hi. A small range Asian session.

1hr below
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Trader with an Edge.
  • #692,371
  • Oct 6, 2022 2:31am Oct 6, 2022 2:31am
Just to put things into perspective, the market is trying to decide on the relative value between 2 worthless currencies.
  • #692,372
  • Oct 6, 2022 2:31am Oct 6, 2022 2:31am
Quoting Yngwie
Long 1.1351 SL 1.1310 TP 1.1430
Closed BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #692,373
  • Oct 6, 2022 2:32am Oct 6, 2022 2:32am
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yes yes yes
  • #692,374
  • Oct 6, 2022 2:33am Oct 6, 2022 2:33am
Quoting MrFanciful
Just to put things into perspective, the market is trying to decide on the relative value between 2 worthless currencies.
BoE is powerful
dont fight it
in wondering about yourself, you forgot what you came here to be part of
  • #692,375
  • Oct 6, 2022 2:34am Oct 6, 2022 2:34am
Waiting game....
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average dude treading water
  • #692,376
  • Oct 6, 2022 2:34am Oct 6, 2022 2:34am
50% of my account gone. Strategy has totally f&*ked me in the arse today.
  • #692,377
  • Oct 6, 2022 2:36am Oct 6, 2022 2:36am
1 hr GBPUSD candle appears to be making a pretty impressive tweezers.
  • #692,378
  • Edited 2:48am Oct 6, 2022 2:37am | Edited 2:48am
You guys also experiencing some user interface problem on FF?
I'm getting the coding!
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More time in the market, does not mean you trade better!
  • #692,379
  • Oct 6, 2022 2:40am Oct 6, 2022 2:40am
Quoting dantpm
1 hr GBPUSD candle appears to be making a pretty impressive tweezers.
Okay and an engulfing candle.
  • #692,380
  • Oct 6, 2022 2:40am Oct 6, 2022 2:40am
Quoting MrFanciful
50% of my account gone. Strategy has totally f&*ked me in the arse today.
I know the feeling. I just lost a chunk of my account on that down move also. I still believe price will hit 1.1450 today though. Just gotta find a good price to get back in...

Entering LONG at 1.1365
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