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Cable Update (GBPUSD)

  • #693,021
  • Oct 7, 2022 2:36am Oct 7, 2022 2:36am
Quoting elbert3
{image}carefull now with the short tp down as and when you think . Watch for ant bull candle on the 5 min
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we got it down and up so let’s see now
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  • #693,022
  • Oct 7, 2022 2:36am Oct 7, 2022 2:36am
Good frankfurt/LO.

All closed now.
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Intraday only.
  • #693,023
  • Oct 7, 2022 2:37am Oct 7, 2022 2:37am
I think the price will be lower. But anyway, the first trade was done
Long at 1.11637
TP : 20pip
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There is nothing wrong with being kind & loving to each other
  • #693,024
  • Oct 7, 2022 2:37am Oct 7, 2022 2:37am
Quoting BeeTogether
{quote} Yup looking for a good entry the higher the better hopefully around 1120-11250
Hi Sohail, good morning and wishing you all is well over there.

As usual you have a very good sense of what price want to do in finding liquidity.
Many , many of your post are reference to finding those level.
A person with a very good perspective..

You don't use terms like LQ grab, dumb money, LQ sweep, S&D, S&R et cetera, but you give a very nice price level for me to look for sweet spot.
Thanks for sharing those with me (I'm not trying to convince everyone here to agree).

A word from me as buddy is we are allowed to make mistakes as it is part of being a professional trader,
we've to forgive our self easily for making mistakes and move on to the next opportunity.

Letting losses run is not in our own best interest.
Cutting profits short is not in my own best interest.
What you have read here is the truth and I believe in our own ability as professional trader to always act in our own best interest.

Best Wishes
Pat
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #693,025
  • Oct 7, 2022 2:39am Oct 7, 2022 2:39am
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great candle swop . That’s also a good hedge moment . Bones would of liked that one
  • #693,026
  • Oct 7, 2022 2:40am Oct 7, 2022 2:40am
GU Long

Possible tp 1.12734
My telegram: https://t.me/avidforex
  • #693,027
  • Oct 7, 2022 2:41am Oct 7, 2022 2:41am
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crude but simple
  • #693,028
  • Oct 7, 2022 2:42am Oct 7, 2022 2:42am
Looks like a standard London Friday trade: up, then down. Be careful with the entry, up move can stop at first hurdle (11180-12000) but it also can go for 150 pips before reversing.
  • #693,029
  • Oct 7, 2022 2:42am Oct 7, 2022 2:42am
Usdcad short
tp 1.36621
My telegram: https://t.me/avidforex
  • #693,030
  • Oct 7, 2022 2:42am Oct 7, 2022 2:42am
Quoting RaHaG0D
I think the price will be lower. But anyway, the first trade was done Long at 1.11637 TP : 20pip {image}
Today's trade is finished according to my checklist. To write the previous post, the target was also hit
Have a nice weekend & I apologize if I hurt anyone with my words. Be happy
There is nothing wrong with being kind & loving to each other
  • #693,031
  • Oct 7, 2022 2:43am Oct 7, 2022 2:43am
The price will hit resistance 1200./10

There after down.... but for a long situation after NFP.

I may be wrong.

I am a person to follow current PA and do not predict.
Intraday only.
  • #693,032
  • Oct 7, 2022 2:43am Oct 7, 2022 2:43am
...The prev 1hr/minor 4hr sw lo zone above current price is a wide zone on 4hr, = prev supp = pot sbr. It begins @ 1228. A HH (wed's/week's current hi,) L, LH, and LL now on that t/f. May get tested, may not...if so could see some supply emerge in there?

4hr below
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Trader with an Edge.
  • #693,033
  • Oct 7, 2022 2:43am Oct 7, 2022 2:43am
Quoting Georginson
Sold at 1.1163 stop at 1.1189, target 1.1080...
Stop hit and stand aside... Will wait till further 7 minutes...
Data + Stat + Risk/Emotions Management
  • #693,034
  • Oct 7, 2022 2:46am Oct 7, 2022 2:46am
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4 hour .. remember the rules look left . 1… ema coming up . 2. It’s the same place as the look left tail .. 3.. if it goes above the ema it might be a long trade for a while . GL. Make your notes .. lol call it rule 4
  • #693,035
  • Oct 7, 2022 2:46am Oct 7, 2022 2:46am
Quoting Indiara
{quote} Thank you Japan's PM Kishida says that recent sharp, one-way moves are "undesirable" .... OMG.....that's almost fight talk
i tend not to look at news or anything like that, maybe if NFP is around but that is several hours after the uk open,.

The more you think the more chance you have top lose.

Speaking NFP, i do sometimes trade the retrace after any spike or quick move.
That is a fun thing to do.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #693,036
  • Oct 7, 2022 2:48am Oct 7, 2022 2:48am
Quoting Georginson
{quote} Stop hit and stand aside... Will wait till further 7 minutes...
Sold again at 1.1180, stop at 1.1200...

Above 1.1220 will be bullish to 1.1400
Below 1.1220 will be bearish to 1.1000

So I keep selling below 1.1220 for a target of 1.1000... if it goes above it will stop selling and wait to sell higher at 1.14 but I will not buy this pair until 1.10xx area.
Data + Stat + Risk/Emotions Management
  • #693,037
  • Oct 7, 2022 2:48am Oct 7, 2022 2:48am
Quoting tenkanzen
I want to short, but not at this level. Can London pump GBP up 150 pips?
Lets say 73 pips will be enough for some good liquidity zone.
From there on, we can dump this to force open the flood gate at 1.105
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #693,038
  • Oct 7, 2022 2:48am Oct 7, 2022 2:48am
Quoting billytt
t 07-33 UK time. Last day of the week AND NFP day. Just waiting to trade off the cable 07-45 and possibly 08-00 15 minute bar ,with a fast trade.In and out before broker knows what has happened lol. cable price currently 11127, with the average daily range, it could possibly drop down to 11080 or go up to 11227. that is something to aim for. I wont as i have said, i am in and out. Trade well all. t 07-37

as posted, the 07-45 bar, high broke for %
then the 08-00 15 bar, high broke again for %.
My week has ended unless i take a look at the NFP.
Trade Well ASll.
t 08-48
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #693,039
  • Oct 7, 2022 2:49am Oct 7, 2022 2:49am
Cmon bulls
give me spike to short...
  • #693,040
  • Oct 7, 2022 2:49am Oct 7, 2022 2:49am
Quoting billytt
{quote} i tend not to look at news or anything like that, maybe if NFP is around but that is several hours after the uk open,. The more you think the more chance you have top lose. Speaking NFP, i do sometimes trade the retrace after any spike or quick move. That is a fun thing to do. Trade well.
Yeh, that's a classic data release play isn't it? - buy or sell the 1st pullback after an initial knee-jerk strong reaction.
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1hr could well close as a bullish engulfing, effective double bottom? 9mins to go.
Trader with an Edge.
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