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Cable Update (GBPUSD)

  • #693,421
  • Oct 7, 2022 11:09am Oct 7, 2022 11:09am
someone is already buying...small range for NFP day.
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Always trade your own plan...I don't provide trading signals.
  • #693,422
  • Oct 7, 2022 11:16am Oct 7, 2022 11:16am
My day was a net loss, but ended the week in profit.
No more trading for me today.
I hope you all have a nice weekend.
Funded trader
  • #693,423
  • Oct 7, 2022 11:19am Oct 7, 2022 11:19am
Quoting Coreg2004
someone is already buying...small range for NFP day. {image}
It is sad that there is simply no volume!
  • #693,424
  • Oct 7, 2022 11:23am Oct 7, 2022 11:23am
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short 1.1124
  • #693,425
  • Oct 7, 2022 11:27am Oct 7, 2022 11:27am
Quoting tenkanzen
{quote} Er..pretty such it doesn't work just this way. Good NFP also means higher market confidence..
it works that way

read
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  • #693,426
  • Edited 11:44am Oct 7, 2022 11:30am | Edited 11:44am
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there is a false pennant breakout 1,1222 that tells it going back there soon as its found resistance
  • #693,427
  • Oct 7, 2022 11:34am Oct 7, 2022 11:34am
Wow I was up 13 pis, dozed off for 5 mins and damn I'm down 20 pips. Great.
Exhausted
  • #693,428
  • Oct 7, 2022 11:45am Oct 7, 2022 11:45am
Quoting Elysion
Wow I was up 13 pis, dozed off for 5 mins and damn I'm down 20 pips. Great.
It’s the way it’s going today !
Insane in the Brain..
  • #693,429
  • Oct 7, 2022 12:08pm Oct 7, 2022 12:08pm
Short summary:
This morning we had an AB=CD correction with ending @ "E"
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daily pivot.
SHORT
  • #693,430
  • Oct 7, 2022 12:47pm Oct 7, 2022 12:47pm
Joke , some Charts on FF
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  • #693,431
  • Edited 1:11pm Oct 7, 2022 12:49pm | Edited 1:11pm
I'm looking at something like this for next week if it breaks below, to sell the retest and buy lower down if 1.0900 holds.
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From the daily chart we may be looking at a double bottom, or even a range until the fundamentals change meaningfully.
I hope we don't go lower because this is getting a bit depressing for us brits, but the market is always right..
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  • #693,432
  • Oct 7, 2022 12:53pm Oct 7, 2022 12:53pm
Quoting Wavegarrick
{quote} Robby boy, Here are some live trades for you. Hopefully you will calm down now Cheers. {image}
What makes me still hang onto my buy trades is that the daily time frame shows a pullback and possible resumption to the upside, Not cast in stone but it is what it is. 1.10000 will be crux for bulls going forward into the 4th quarter.
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15 minute just hanging in at 1.110000
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Have a great weekend Folks
Cheers.
Trade to trade another day
  • #693,433
  • Oct 7, 2022 1:10pm Oct 7, 2022 1:10pm
This is my 1st year trading, a week after joining this group i made 60% returns...thank you guys

Enjoy your weekend
Lou Vincii Code
  • #693,434
  • Oct 7, 2022 1:11pm Oct 7, 2022 1:11pm
Some weekend reading if you have spare time
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File Type: pdf Reminiscences_of_a_Stock_Operator_Illustrated_A_Marketplace_Book.pdf   1.7 MB | 294 downloads
File Type: pdf One_good_trade.pdf   3.9 MB | 1,617 downloads
  • #693,435
  • Oct 7, 2022 1:14pm Oct 7, 2022 1:14pm
And a few more incase you speed read. or for the lazy download Read Aloud
Attached File(s)
File Type: pdf Waiting_for_a_Retest_Will_Make_You_a_Better_Forex_Trader_2_3.pdf   238 KB | 225 downloads
File Type: pdf THE_PSYCHOLOGY_OF_THE_FOREIGN_EXCHANGE.pdf   2.7 MB | 287 downloads
File Type: pdf Just Shut Up and Do It (3).pdf   634 KB | 276 downloads
  • #693,436
  • Oct 7, 2022 1:17pm Oct 7, 2022 1:17pm
Pyramiding is part of the history, central Algo does not let you but i am challenging the scamming system. Lets see

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POSTMASTER
  • #693,437
  • Oct 7, 2022 1:24pm Oct 7, 2022 1:24pm
Can you please trickle down to S1 a little quicker. Thank you,
  • #693,438
  • Oct 7, 2022 1:26pm Oct 7, 2022 1:26pm
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yes yes yes
  • #693,439
  • Oct 7, 2022 1:33pm Oct 7, 2022 1:33pm
Quoting Wavegarrick
{quote} What makes me still hang onto my buy trades is that the daily time frame shows a pullback and possible resumption to the upside, Not cast in stone but it is what it is. 1.10000 will be crux for bulls going forward into the 4th quarter. {image}15 minute just hanging in at 1.110000 {image}Have a great weekend Folks Cheers.
I agree with the current D1 down swing as a mere pullback. It would have to close below about 1.07 with conviction for me to say it failed as a pullback. So it is important to see how H8 and H4 play out. It's no problem at all if it goes to about 1.10 and then swings back for an up continuation.

I see that H4 is overdue to stop going down, but not even M15 has stopped yet.
To free Gazans of Hamas, use whatever it takes.
  • #693,440
  • Oct 7, 2022 1:34pm Oct 7, 2022 1:34pm
Pound like a mountain
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