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Cable Update (GBPUSD)

  • #695,001
  • Oct 12, 2022 2:19am Oct 12, 2022 2:19am
Quoting Pat Chiko
{quote} You will miss the live show. But, you can join later...{image}
Smart man, you never break up a girls' fight.
  • #695,002
  • Oct 12, 2022 2:19am Oct 12, 2022 2:19am
They're forcing us to wait for the Fed and CPI before we can short GBP/USD..
That's fine by me..

USD cannot be held anymore against Yen it seems. With the good hawkish Fed tone and higher than expected inflation, 150 should be a piece of cake.
Then, I just wait for BoJ to make a move..

So far two central banks have intervened..let's see how long will it take for other.
  • #695,003
  • Oct 12, 2022 2:20am Oct 12, 2022 2:20am
Quoting Indiara
I have a Buy on GU. Is against the main trend, but I think it has a chance {image}
Is this your normal trading strategy????
if not , you should be trading it.



edit. i do not mean this nastily....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #695,004
  • Oct 12, 2022 2:22am Oct 12, 2022 2:22am
the sma lines on chart are daily time frame

below daily 20 sma and week open, i am not `in favor `of buying, specially n us cpi day
Attached Image (click to enlarge)
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  • #695,005
  • Oct 12, 2022 2:23am Oct 12, 2022 2:23am
Quoting billytt
{quote} Is this your normal trading strategy???? if not , you should be trading it.
The setup meets my entry criteria, but the one factor that I don't like much is trading against the trend. But, my setups usually work ok. We will see
I am neither brave nor stupid...I am just a part time trader
  • #695,006
  • Oct 12, 2022 2:24am Oct 12, 2022 2:24am
Quoting Jollson
Gbpusd not able to break SMA 200 even on 1 min. since morning to the downside . if breaks will drop big Trade Safe
sorry im having troubles understanding the price is currently under the 200 SMA?
  • #695,007
  • Oct 12, 2022 2:24am Oct 12, 2022 2:24am
Attached Image (click to enlarge)
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morning I could be wrong on the day but don’t forget I trade to my set of rules … so look left is the bottom wick now support look left at the top arrow the candle half full had past the resistance there so are we going more on long trades now ..
  • #695,008
  • Oct 12, 2022 2:24am Oct 12, 2022 2:24am
Quoting dantpm
{quote} I assume you are still long, correct? Is there something else you can share about the system you are using?
Yes

Quoting Yngwie
Long 1.0930 SL 1.0890
Just a simple basic Fibonacci Retracement. I usually use 15M, 30M or 1HR chart. No fancy indicator
Attached Image (click to enlarge)
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #695,009
  • Oct 12, 2022 2:25am Oct 12, 2022 2:25am
Quoting billytt
edit. i do not mean this nastily....
I know
I am neither brave nor stupid...I am just a part time trader
  • #695,010
  • Oct 12, 2022 2:26am Oct 12, 2022 2:26am
Quoting Pat Chiko
Mr Vulcan ; my reply to you. {quote} Thanks for reply.... Long but understandable point you made there. Here's my point to your post. "Please go back and look at the first charts I posted!" I see that. In this thread, we need to post consistenly and almost daily to get people attention. If posted once awhile, it will not get the attention from reader. "What else do you guys want?" Post live trade everyday..... LIVE not HIND SIGHT ( hindsight has no value in this thread) "I came in here to help but it seems that nobody is really paying attention...
Thanks' Pat! I guess I have a lot to learn about being in a forum. I have not participated in the past and came in here full cocked, my bad! I am going to observe and get to know you all better and share when appropriate! Thanks for taking the time to share your point of view!
  • #695,011
  • Oct 12, 2022 2:27am Oct 12, 2022 2:27am
Quoting Indiara
{quote} The setup meets my entry criteria, but the one factor that I don't like much is trading against the trend. But, my setups usually work ok. We will see
Don't get me onto trends? lol
The way i trade they do not exist.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #695,012
  • Oct 12, 2022 2:27am Oct 12, 2022 2:27am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 20 KB
  • #695,013
  • Oct 12, 2022 2:29am Oct 12, 2022 2:29am
Quoting PatienceFx
{image}
instant cash in seconds lol
Attached Image (click to enlarge)
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  • #695,014
  • Oct 12, 2022 2:29am Oct 12, 2022 2:29am
Another spike to mess up everybody's day!
  • #695,015
  • Oct 12, 2022 2:30am Oct 12, 2022 2:30am
Quoting tenkanzen
Stay nimble today! {image}
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  • #695,016
  • Oct 12, 2022 2:31am Oct 12, 2022 2:31am
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look at 5 min doji and bill candle a perfect entry . If you seen my post the other day you know my target … answers on a post card please for you older English people who remember the phrase lol .. so first candle closing over the ema and vice versa is entry and either tp or change direction . But if the trend is going long even on the 4 hour we only take long entry. And short vice Versa . Hope that makes sense . I have posted my rules a number of time . E out lol
  • #695,017
  • Oct 12, 2022 2:31am Oct 12, 2022 2:31am
Big drop coming on gbp pairs
Follow The Markets Structure - Patience and Discipline
  • #695,018
  • Oct 12, 2022 2:32am Oct 12, 2022 2:32am
let's go
come on !!!!!!!!
Attached Image (click to enlarge)
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yes yes yes
  • #695,019
  • Oct 12, 2022 2:34am Oct 12, 2022 2:34am
Quoting vulcann1
{quote} Thanks' Pat! I guess I have a lot to learn about being in a forum. I have not participated in the past and came in here full cocked, my bad! I am going to observe and get to know you all better and share when appropriate! Thanks for taking the time to share your point of view!
Thanks for your reply.
Looking forward for your sharing in this thread.
Phil Mickelson once said : "Each golf shot/trade is a learning opportunity."

It's not a competition here to show who's the best trader around
(Some ever claimed to be The Best Trader Ever lived 3.0....)
In golf you play the ball where it lies.

You can hit a great shot and find it in a divot and you must play from there.
In trading you can make a good trade, find yourself underwater in losses, and must trade out of the position.
(Quote from : Golf is not a Game of Perfect)

Giving live trade/call , if possible reason and logic behind it helps a lot.
Giving hind sight trade, it a NO NO. Hind sight is just Filling up traders ego.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #695,020
  • Oct 12, 2022 2:34am Oct 12, 2022 2:34am
This kind of sudden PA can kill or delay all the plan
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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