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Cable Update (GBPUSD)

  • #692,441
  • Oct 6, 2022 3:39am Oct 6, 2022 3:39am
Quoting TheWolf
TP 1.109 as someone already said before! USD/JPY long signal but won't go through with it..I'll let USD/JPY for NFP tommorow.
before a LL on 30m/1h it will be hard mission.

IMO its just easier to follow on Market Structure higher probability
  • #692,442
  • Oct 6, 2022 3:40am Oct 6, 2022 3:40am
...slight downside breach of the 1hr/4hr asc t/line, and a test of current dly lo. Below there that prev 1hr/4hr sw lo zone (grey zone) that extends to y/day's 1225 lo, thru which a 61.8% fib runs @ 1242.

1hr below
Attached Image (click to enlarge)
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Trader with an Edge.
  • #692,443
  • Oct 6, 2022 3:40am Oct 6, 2022 3:40am
EMA 20 H4 gives support..until now..
  • #692,444
  • Oct 6, 2022 3:41am Oct 6, 2022 3:41am
UK data not bad at all. No real impact on the pair just yet.
Insane in the Brain..
  • #692,445
  • Oct 6, 2022 3:45am Oct 6, 2022 3:45am
Short 1.1294
Don't trade what you think. Just what you see!!!
  • #692,446
  • Oct 6, 2022 3:45am Oct 6, 2022 3:45am
Attached Image (click to enlarge)
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TP 1.123 for all.
  • #692,447
  • Oct 6, 2022 3:46am Oct 6, 2022 3:46am
If we are currently in a wave 4, target could be around 1.1130?
  • #692,448
  • Oct 6, 2022 3:47am Oct 6, 2022 3:47am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #692,449
  • Oct 6, 2022 3:48am Oct 6, 2022 3:48am
Quoting suhas316
30 min chart... looking bearish now {image}
Attached Image (click to enlarge)
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!! Radha Radha !!
  • #692,450
  • Oct 6, 2022 3:50am Oct 6, 2022 3:50am
Just asking.
Any tips on getting through self discipline?
I still can't get over it everynow and then.
Exhausted
  • #692,451
  • Oct 6, 2022 3:53am Oct 6, 2022 3:53am
Quoting Elysion
Just asking. Any tips on getting through self discipline? I still can't get over it everynow and then.
..burn your backside with a cigarette each time your discipline slips, and post here that you are a complete c**t, (complete with pic,) that should do it!
Trader with an Edge.
  • #692,452
  • Oct 6, 2022 3:53am Oct 6, 2022 3:53am
Quoting Elysion
Just asking. Any tips on getting through self discipline? I still can't get over it everynow and then.
SL is mandatory part of the strategy.
if it will hit a lot, you will think twice before you getting in a new trade not according your rules.
  • #692,453
  • Oct 6, 2022 3:55am Oct 6, 2022 3:55am
If the dam breaks at 1.122 or whatever then 1.109 is next tp!!
  • #692,454
  • Oct 6, 2022 3:56am Oct 6, 2022 3:56am
Quoting Elysion
Just asking. Any tips on getting through self discipline? I still can't get over it everynow and then.
Constant fight for all of us I'm afraid, smaller lots= less stress= better discipline
  • #692,455
  • Oct 6, 2022 3:56am Oct 6, 2022 3:56am
I am have a Sell on GU

Attached Image (click to enlarge)
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I am neither brave nor stupid...I am just a part time trader
  • #692,456
  • Oct 6, 2022 3:58am Oct 6, 2022 3:58am
I don't dare to sell now. Need bigger SL. waiting for pullback to sell.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #692,457
  • Oct 6, 2022 3:59am Oct 6, 2022 3:59am
Quoting Headland
{quote} ..burn your backside with a cigarette each time your discipline slips, and post here that you are a complete c**t, (complete with pic,) that should do it!
Your suggestion is way better than mine
  • #692,458
  • Oct 6, 2022 3:59am Oct 6, 2022 3:59am
...price is touching top of the 4hr part of that prev 1hr/4hr sw lo zone down to y/day's lo = prev supp = pot supp.

EDIT: 4hr just closed as pic below (gmt+3 charting)

4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
  • #692,459
  • Oct 6, 2022 3:59am Oct 6, 2022 3:59am
Quoting Indiara
I am have a Sell on GU {image}
looks like a lot of us are in favour of short let’s bring it down
Insane in the Brain..
  • #692,460
  • Oct 6, 2022 4:00am Oct 6, 2022 4:00am
Quoting Headland
{quote} ..burn your backside with a cigarette each time your discipline slips, and post here that you are a complete c**t, (complete with pic,) that should do it!
Damn, but I don't smoke though.
Maybe I'll just slap myself real hard.
Exhausted
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