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Cable Update (GBPUSD)

  • #692,921
  • Oct 6, 2022 8:34pm Oct 6, 2022 8:34pm
Quoting BeeTogether
{quote} how was the movie? Asian session could play like the rest of the week, up before Europe brings it down
Awesome movie.
Huge success in the recent times.
The second half is simply superb. No words to express the fight scene in the ocean. This is climax.
Part 2 is coming in 2023. Wondering why so long. Can not wait.
Must watch.
Intraday only.
  • #692,922
  • Oct 6, 2022 8:49pm Oct 6, 2022 8:49pm
Quoting Pat Chiko
{quote} You're doing great Bro. Need more of your post as I greatly appreciate your ICT concept, which are good for members in this forum. Thank You Bilal. Take Care
thank you for the kind words
"Exchange of hands"
  • #692,923
  • Oct 6, 2022 8:50pm Oct 6, 2022 8:50pm
Quoting Jolita
{quote} BOE mentioned they were well prepared this time, I think they meant George Soros betting against BOE, but now not only GS was devaluing £, but whole world started getting rid of sterling reserves. I understand this caused resent dip. I was watching good program explaining reaction to guilts and pension I think was on IPlayer now. I will try to find it for you. Here we go - Newsnight 28/09/2022, explains well on BOE bond buying spree watch after minute 19. https://www.bbc.co.uk/iplayer/episod...8092022?page=1...
BoE is trying hard, but it seems that the confidence is still not there. Look at GBPJPY against other yen pairs last night. While other yen pairs were already more or less settled, GBPJPY took another plunge.

We have NFP today and if it's bad, any XXXUSD can skyrocket. For me, there will definitely be a huge opportunity at that timing, so staying nimble and making sure your account has sufficient margin to react is the most important thing to do from now till then. At that moment, you could see temporary spikes (or dumps) which are extreme and very short-term speculation that you can capitalize on.

Initial Jobless Claims data wasn't good yesterday. NFP might not be too fantastic; it can still be green, just not very green.
  • #692,924
  • Oct 6, 2022 8:56pm Oct 6, 2022 8:56pm
Quoting Pat Chiko
{quote} Thanks Bro for sharing your chart and comment. What i have in mind is GU confirmed a rejection of an old support now resistance zone . (weekly chart below) I used the term SRF. As I see tt's resuming its downtrend and now is a good time to open a short position in any pull back. Is going to take a few weeks to get to the TP zone, just hold it. GU Weekly Chart{image}
Rarely people here learn or use SRF the way you have learnt to use it, is there a course that will you recommend which has helped change the way you trade, perhaps this will help many others and my self seeing price like you see.

Yep, wanna see GU fall;

IN THE END:

Inserted Video
"Exchange of hands"
  • #692,925
  • Oct 6, 2022 8:57pm Oct 6, 2022 8:57pm
Quoting Reda.el
Still in down trend !! {image}
You have hidden the main part
"Exchange of hands"
  • #692,926
  • Oct 6, 2022 9:04pm Oct 6, 2022 9:04pm
Just noticed we are on the underside of the daily TL, along with a bearish daily confirm pattern off resistance.
A lot of things lining up here.
Shorting and shorting rallies still seems like the best bet
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 7 KB
Compulsions can be hard to resist
  • #692,927
  • Edited 9:31pm Oct 6, 2022 9:10pm | Edited 9:31pm
Quoting Yngwie
Let see. SELL 1.1314 SL 1.1340 TP 1.1080
Manual close for 170+ pips

I know my TP will reach sooner or later
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #692,928
  • Oct 6, 2022 9:23pm Oct 6, 2022 9:23pm
shorted GU at 1.11759 with 5 pip SL

Update: closed it after -3.5 pips, since a 15M fvg formed below can act as support, so not looking good.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
"Exchange of hands"
  • #692,929
  • Oct 6, 2022 9:43pm Oct 6, 2022 9:43pm
GBP/USD 30 min
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
!! Radha Radha !!
  • #692,930
  • Oct 6, 2022 9:44pm Oct 6, 2022 9:44pm
Quoting BeeTogether
{quote} 11250 target?
1.12190
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 16 KB
Click to Enlarge Name: gu2.png Size: 12 KB
yes yes yes
  • #692,931
  • Edited 10:01pm Oct 6, 2022 9:50pm | Edited 10:01pm
Asia is done....

The usual 500 $ for this session.

Had buy limits and hit.

My opinion, buy scalps until NY opens.
Attached Image (click to enlarge)
Click to Enlarge Name: Traders Global MetaTrader 4 Terminal.png Size: 106 KB
Intraday only.
  • #692,932
  • Oct 6, 2022 9:53pm Oct 6, 2022 9:53pm
GU short at 1.11879 with 2.5 pip SL
"Exchange of hands"
  • #692,933
  • Oct 6, 2022 9:57pm Oct 6, 2022 9:57pm
Gu buy at 1.1206 manually closed at 1.1186 ... -20 pips... I will recover it later. Took +27 on the previously added longs yesterday.
Data + Stat + Risk/Emotions Management
  • #692,934
  • Oct 6, 2022 10:08pm Oct 6, 2022 10:08pm
Sell 1.1186 SL 1.1250
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #692,935
  • Oct 6, 2022 10:09pm Oct 6, 2022 10:09pm
Quoting Headland
{quote} There is a lot of shit/conspiracy talked about re the relationship between institutional players and retail and I can assure you, having been there, that retail doesn't figure for institutional, they don't give it a 2nd thought, retail collectively, are just way too small. They certainly don't make their money from taking it off retail. This Gbpusd is approx 11% of total FX volumes in a $6.6tr a day market (more recently) that is $660bn per day, and retail is circa 2%. It's a myth put around by losing retail traders looking for someone to...
The real money is made amongst themsleves. Sharks eat sharks
More time in the market, does not mean you trade better!
  • #692,936
  • Oct 6, 2022 10:11pm Oct 6, 2022 10:11pm
Alfonso Peccatiello is joined by Brent Johnson of Santiago Capital for a timely update on the US dollar milkshake.

Inserted Video
"Exchange of hands"
  • #692,937
  • Edited 10:34pm Oct 6, 2022 10:20pm | Edited 10:34pm
Quoting bilal1947
GU short at 1.11879 with 2.5 pip SL
Update 1:8 RR already take a bit of partials and set to BE

pyramid on it and book it too and let the original a runner making the morning beautiful

meanwhile i will go for a walk and send the picture from the mountain !
Attached Image (click to enlarge)
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"Exchange of hands"
  • #692,938
  • Oct 6, 2022 10:23pm Oct 6, 2022 10:23pm
New to this posting, seeing if I am doing this correctly!
Attached Image (click to enlarge)
Click to Enlarge Name: Gu 107 2015pst.png Size: 39 KB
  • #692,939
  • Oct 6, 2022 11:09pm Oct 6, 2022 11:09pm
Hi guys & girls
My plan today is to buy, but I think the price might go down. That's why I will buy again after the opening of London & check again
Have a nice weekend & I hope you end the week with a lot of money
Attached Image (click to enlarge)
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There is nothing wrong with being kind & loving to each other
  • #692,940
  • Oct 6, 2022 11:12pm Oct 6, 2022 11:12pm
Quoting RaHaG0D
Hi guys & girls My plan today is to buy, but I think the price might go down. That's why I will buy again after the opening of London & check again Have a nice weekend & I hope you end the week with a lot of money {image}
My plan is to shut the pc at NFP till then follow the price
"Exchange of hands"
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