Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#694,801
Oct 11, 2022 3:10pm Oct 11, 2022 3:10pm

BeeTogether
Joined Oct 2020 | Status: Trader | 14,004 Posts

I’m leaving my longs running, if I hit 50% margin call it does if not I will trade another day for a bit longer lol

Insane in the Brain..

#694,802
Oct 11, 2022 3:12pm Oct 11, 2022 3:12pm

tenkanzen
| Membership Revoked | Joined May 2020 | 403 Posts

Quoting BeeTogether

Disliked

I’m leaving my longs running, if I hit 50% margin call it does if not I will trade another day for a bit longer lol

Ignored

What a wild ride for GBP pairs today. GJ was so close to 163 and now it sits at sub 160. GU was so close to 1.12 and now it is sub 1.10.

#694,803
Oct 11, 2022 3:14pm Oct 11, 2022 3:14pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

the price of smugness

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yes yes yes

#694,804
Oct 11, 2022 3:15pm Oct 11, 2022 3:15pm

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

So I get out and it drops.

#694,805
Oct 11, 2022 3:22pm Oct 11, 2022 3:22pm

Whale
Joined Jun 2013 | Status: Trader | 14,535 Posts

Quoting Moty

Disliked

the price of smugness {image}

Ignored

#694,806
Oct 11, 2022 3:25pm Oct 11, 2022 3:25pm

Bryan5229
Joined Dec 2017 | Status: Trader | 400 Posts

Quoting Bryan5229

Disliked

{quote} Sell stop activated. {image}

Ignored

Few pips left to take-profit after many hours of ranging price.

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Plan your trades and trade your plan.

#694,807
Oct 11, 2022 3:27pm Oct 11, 2022 3:27pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

took long gold
entry 1666
tp 1729
sl unknown

yes yes yes

#694,808
Oct 11, 2022 3:29pm Oct 11, 2022 3:29pm

neozero
| Joined Oct 2008 | Status: Trader | 72 Posts

Quoting Moty

Disliked

the price of smugness {image}

Ignored

You have good trading system in my opinion. I saved this ss last week. It's 4h chart isn't it. if you buy/sell according to the bands/ma crossing. Put SL few pips on upper bands if sell vice versa, ride it and closed it if crossing back. Btw it's just suggestion.

I'm using this position calculator but if you have the mql you can use it on your laptop.

https://www.myfxbook.com/forex-calcu.../position-size

Stay safe and trade well. Good Mae bubye.

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#694,809
Oct 11, 2022 3:33pm Oct 11, 2022 3:33pm

VM.
| Joined Feb 2020 | Status: Trader | 629 Posts

Quoting WizardTrade

Disliked

{quote} even if it closes above 1.100 I will still hold shorts as the market sentiment is still bearish. All you can eat deal is on the table. Ride it as much as you can.

Ignored

The only thing I fear is that Reuters will print fake news like "BOE considers extending the purchase scheme". GU will travel 200 pips up and then down, but my stop will be hit...
That's the usual way Reuters prop up the pound, have seen it many times.

#694,810
Oct 11, 2022 3:34pm Oct 11, 2022 3:34pm

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting BeeTogether

Disliked

I’m leaving my longs running, if I hit 50% margin call it does if not I will trade another day for a bit longer lol

Ignored

Hi Bro.

I copy your trade....
Two TP level

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I come from the future.

Karen X Mas Bonus 2025 All Time Profit: $15,104

#694,811
Oct 11, 2022 3:37pm Oct 11, 2022 3:37pm

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting VM.

Disliked

{quote} The only thing I fear is that Reuters will print fake news like "BOE considers extending the purchase scheme". GU will travel 200 pips up and then down, but my stop will be hit... That's the usual way Reuters prop up the pound, have seen it many times.

Ignored

Thanks for the info Bro.
I sub to Reuters and Bloomberg on yearly.

Whenever news flash comes out, it is the best to cross check with the others.
So far never encounter with prop up/fake news from both of them.

But, anything can happen, as they may just change the head lines a bit, will bring different interpretation.

Best Wishes.
PAT

I come from the future.

Karen X Mas Bonus 2025 All Time Profit: $15,104

#694,812
Oct 11, 2022 3:39pm Oct 11, 2022 3:39pm

Jolita
Joined Jan 2012 | Status: Always Decisive | 4,425 Posts

Quoting Pat Chiko

Disliked

{quote} Hi Bro. I copy your trade.... Two TP level {image}

Ignored

I am copying copier

#694,813
Oct 11, 2022 3:40pm Oct 11, 2022 3:40pm

Coreg2004
Joined Oct 2009 | Status: Trader | 5,631 Posts

Quoting Pat Chiko

Disliked

{quote} Hi Bro. I copy your trade.... Two TP level {image}

Ignored

Pat, no political statements, please.

Always trade your own plan...I don't provide trading signals.

#694,814
Oct 11, 2022 3:46pm Oct 11, 2022 3:46pm

VM.
| Joined Feb 2020 | Status: Trader | 629 Posts

Quoting Pat Chiko

Disliked

{quote} Thanks for the info Bro. I sub to Reuters and Bloomberg on yearly. Whenever news flash comes out, it is the best to cross check with the others. So far never encounter with prop up/fake news from both of them. But, anything can happen, as they may just change the head lines a bit, will bring different interpretation. Best Wishes. PAT

Ignored

That's exactly what they do. So the headline will read smth like "BOE may consider..." and the text will say "according to an anonymous source..."; so they did not lie exactly. And then in a few hours they may print news in the other direction. Have seen A LOT of those in the Brexit days. If there are (for instance) bulls eager to close their losing position, they would use the news like these to move GU a hundred pips up or more in the space of a few minutes.

#694,815
Oct 11, 2022 3:50pm Oct 11, 2022 3:50pm