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Cable Update (GBPUSD)

  • #692,621
  • Oct 6, 2022 7:43am Oct 6, 2022 7:43am
Quoting tenkanzen
Sold XAG/USD at 20.700.
Down we go, instant profit.

I think we might make another attempt to break $20.
  • #692,622
  • Oct 6, 2022 7:44am Oct 6, 2022 7:44am
booked long @ 1286
  • #692,623
  • Oct 6, 2022 7:46am Oct 6, 2022 7:46am
Quoting tenkanzen
{quote} Down we go, instant profit. I think we might make another attempt to break $20.
Think it's wise to sell gold? Usually with Unemployment Claims, I would take the sell (if we had bad USD data) at the New York "bell" on gold.
Software Developer and Music Producer
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  • #692,624
  • Oct 6, 2022 7:47am Oct 6, 2022 7:47am
Quoting fxpider
{quote} $$$ liquidity pools above the 50 and whole levels. will it go there?

Nobody can answer that, market will decide with all the move by participants.
"Guarantee" , heard that before.... but, it is just a wishful thinking...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #692,625
  • Oct 6, 2022 7:47am Oct 6, 2022 7:47am
Careful just took the long profit and into short for now . Rule application in place . Gl
  • #692,626
  • Oct 6, 2022 7:49am Oct 6, 2022 7:49am
Quoting Pat Chiko
{quote} The Wolf..... I like the way you trade and sharing the thought process taking trades. So much to learn and your post are valuable, not just another "hind sight" post. BTW, you are trading to trade well and are excited about trading well, and are having fun because you are disciplined in your trades, then I think that is okay to enjoy those feelings. Those feeling I want you to share with other. Trade Well my friend. You owe me one, as you shorted GU, I went straight underwater. Now, trying to recover the loser (pun intended){image}...
Hahah . Thanks man and GL. Myself and SNB are out of short positions now so you should be fine now! Me and Jordan are just about to go get some swiss cheese..
After this red 15M candle, you are go to go I think.. maybe. Trade safely! I heard Bailey was mad you're not hanging out with him anymore, so he might start shorting Pound you know..
  • #692,627
  • Oct 6, 2022 7:49am Oct 6, 2022 7:49am
Quoting PatienceFx
booked long @ 1286
Too early to long for me, needs more confirmation. still is a corrective move but could become an impulse. however, market is still bearish. IMO
Success = Practice + Patience + Persistence
  • #692,628
  • Oct 6, 2022 7:50am Oct 6, 2022 7:50am
Looks like it was a stop hunt with the US claims data
Insane in the Brain..
  • #692,629
  • Edited 8:31am Oct 6, 2022 7:50am | Edited 8:31am
Quoting navk
The price never reverses b4 testing s1 on bearish close days. Beware. To me only.
That bounce gave me an opportunity to short to make some.

That is all for NYO guys.
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Intraday only.
  • #692,630
  • Oct 6, 2022 7:51am Oct 6, 2022 7:51am
Quoting jblanked
{quote} Think it's wise to sell gold? Usually with Unemployment Claims, I would take the sell (if we had bad USD data) at the New York "bell" on gold.
That was very bad usd data and if anything should buy gold. A rise in unemployment is an indicator of inflation dropping. The feds will pull back on hikes…
Master your mind. Master Trading.
  • #692,631
  • Oct 6, 2022 7:53am Oct 6, 2022 7:53am
looks like cable took a Chinese Viagra on us unemployment news, it fell faster than expected
  • #692,632
  • Oct 6, 2022 7:53am Oct 6, 2022 7:53am
Quoting jblanked
{quote} Think it's wise to sell gold? Usually with Unemployment Claims, I would take the sell (if we had bad USD data) at the New York "bell" on gold.
I think Gold will close in the red today.
  • #692,633
  • Oct 6, 2022 7:54am Oct 6, 2022 7:54am
It might turn more bearish on the hourly chart today, I will wait to sell after the NY stock market open.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #692,634
  • Oct 6, 2022 7:54am Oct 6, 2022 7:54am
This 15M closing above 1.127 looks much better for bulls than bears. Below that I'm not so sure..
  • #692,635
  • Oct 6, 2022 7:56am Oct 6, 2022 7:56am
Quoting Headland
{quote} Woah, Woah, Woah! Spelling Alert, I think it's kareering actually, but you might get let off with a caution on account of your danishness!

Spelling, spelling alert........
Quoting Headland
...Rangy intraday market so far today.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #692,636
  • Oct 6, 2022 7:57am Oct 6, 2022 7:57am
Quoting fxpider
{quote} Too early to long for me, needs more confirmation. still is a corrective move but could become an impulse. however, market is still bearish. IMO
https://www.forexfactory.com/thread/...8#post14167818

it was taken before us news , and booked 1t 1286
  • #692,637
  • Oct 6, 2022 8:00am Oct 6, 2022 8:00am
Is my sleepy time now, but over the last 2 days I have learned so much from all the wonderful people here. Now I know where my weakness is, I can fix it.

Thank you all xxxxxx

Indiara
I am neither brave nor stupid...I am just a part time trader
  • #692,638
  • Oct 6, 2022 8:01am Oct 6, 2022 8:01am
Quoting TheWolf
This 15M closing above 1.127 looks much better for bulls than bears. Below that I'm not so sure..
On 15M chart candle close above gray and yellow lines, barely above yellow..
Pressure from bears continues though??

1.1265 Buy Stop order.

No long here today..
  • #692,639
  • Oct 6, 2022 8:02am Oct 6, 2022 8:02am
This is going exactly where it will give me the money
WARNING: This post warps space and time in its vicinity.
  • #692,640
  • Oct 6, 2022 8:03am Oct 6, 2022 8:03am
Rejection mf
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yes yes yes
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