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Cable Update (GBPUSD)

  • #696,041
  • Oct 13, 2022 1:59pm Oct 13, 2022 1:59pm
Quoting Jolita
Hope you all survived and enjoyed trading day. Just saw this on my way home. (Glad to know I am doing something good ) {image}
You still hold short USD/JPY?
  • #696,042
  • Oct 13, 2022 2:02pm Oct 13, 2022 2:02pm
EUR/USD hit 0.98 today and GBP/USD almost 1.14.
  • #696,043
  • Oct 13, 2022 2:05pm Oct 13, 2022 2:05pm
Closed all short positions
  • #696,044
  • Oct 13, 2022 2:06pm Oct 13, 2022 2:06pm
Woke up to the GU pop.
Currently approaching next level of daily resistance at the March 2020 low of 1.1405 area
Attached Image(s) (click to enlarge)
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Compulsions can be hard to resist
  • #696,045
  • Oct 13, 2022 2:21pm Oct 13, 2022 2:21pm
Quoting TheWolf
{quote} You still hold short USD/JPY?
Yes, still holding. Last night I was beeting myself selling early. I knew will get to 147.65, remember my level? It did, and it was a great spot to open sell order! Gutted!
Also thought I should set tp at 14640/20, I didn't!
Its a small position, so no worries, will eventually retrace down soon.

What about you?
Chart -
Attached Image (click to enlarge)
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  • #696,046
  • Oct 13, 2022 2:24pm Oct 13, 2022 2:24pm
Thank you, again! Maybe I should check the code.
Quoting PatienceFx
{quote} exactly
Funded trader
  • #696,047
  • Oct 13, 2022 2:37pm Oct 13, 2022 2:37pm
Quoting Jolita
{quote} Yes, still holding. Last night I was beeting myself selling early. I knew will get to 147.65, remember my level? It did, and it was a great spot to open sell order! Gutted! Also thought I should set tp at 14640/20, I didn't! Its a small position, so no worries, will eventually retrace down soon. What about you? Chart - {image}
Great intuition! Hah, would have had hit TP yeah. We'll get another chance!

I went short at 147 and put SL at 148.
Also have short orders every 50 pips down already waiting (146.5, 146 and 145.5).
As it moves up I will re-adjust it.

For example if it hits my SL at 148 I'll go short then at 148 (SL 149) and drag these short orders up to 147.5, 147 and 146.5 etc..

I really think interventionm should come very soon. We will see what kind of red news from Japan will come out tommorow. I bet it's either ,actions taken, or ,same as before but with added effect, prepared to take action!. We'll see! At the end of this month they have to decide if they will stop keeping negative rates or not. I think they'll end it and start QT. Perhaps this will be the news that will come out from Japan soon.

I also have short positions from 167 GBP/JPY and 144 EUR/JPY albeit with smaller lot sizes! Now, I just wait for BoJ..
I'll share charts tommorow!
  • #696,048
  • Oct 13, 2022 2:45pm Oct 13, 2022 2:45pm
Quoting navk
{quote} I explained in one of my post. It happened to me. I copied an excellent members trade. And for me it hit stop loss. From him, there was no follow up post, so I understood he would have ither taken hit or managed the position. It was UJ short call from that member. Since then i stopped copying others trades. It is too danegerous. Mostly I give my bias everyday in asia + Trades.
I was just surprised to be honest that u of all people could even have the idea of copying a trade. U are a very good trader, the fact that u have used the system which is where 95% fail is the proof

Great insight
  • #696,049
  • Oct 13, 2022 2:49pm Oct 13, 2022 2:49pm
Quoting navk
{quote} I explained in one of my post. It happened to me. I copied an excellent members trade. And for me it hit stop loss. From him, there was no follow up post, so I understood he would have ither taken hit or managed the position. It was UJ short call from that member. Since then i stopped copying others trades. It is too danegerous. Mostly I give my bias everyday in asia + Trades.
I was wondering if I was the quilty one in this story but then realized you wrote "excellent member".



Nope, not me..
  • #696,050
  • Oct 13, 2022 2:53pm Oct 13, 2022 2:53pm
A trading idea starting from a high (blue dot) on 1m tf. Trying to square time & price
Attached Image (click to enlarge)
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POSTMASTER
  • #696,051
  • Oct 13, 2022 2:54pm Oct 13, 2022 2:54pm
Quoting Moty
classic pull back from daily S3 to S2 {image}
TY mister classic
Attached Image (click to enlarge)
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yes yes yes
  • #696,052
  • Oct 13, 2022 3:01pm Oct 13, 2022 3:01pm
Quoting Robinhood1
A trading idea starting from a high (blue dot) on 1m tf. Trying to square time & price {image}
You really love that Canadian Dollar..
  • #696,053
  • Oct 13, 2022 3:08pm Oct 13, 2022 3:08pm
Quoting TheWolf
{quote} You really love that Canadian Dollar..
Coincidence
POSTMASTER
  • #696,054
  • Oct 13, 2022 3:13pm Oct 13, 2022 3:13pm
Inserted Video
POSTMASTER
  • #696,055
  • Oct 13, 2022 3:21pm Oct 13, 2022 3:21pm
Quoting Robinhood1
A trading idea starting from a high (blue dot) on 1m tf. Trying to square time & price {image}
Green dots have squared time & price. Long breaking above and short below. More pips going short
Attached Image (click to enlarge)
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POSTMASTER
  • #696,056
  • Oct 13, 2022 3:24pm Oct 13, 2022 3:24pm
Quoting Robinhood1
{quote} Green dots have squared time & price. Long breaking above and short below. More pips going short {image}
short. lets see

Attached Image (click to enlarge)
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POSTMASTER
  • #696,057
  • Oct 13, 2022 3:30pm Oct 13, 2022 3:30pm
Quoting Robinhood1
{quote} short. lets see {image}
Remember the Algo trades against me from second 1. It is short, just have to wait

Attached Image (click to enlarge)
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POSTMASTER
  • #696,058
  • Oct 13, 2022 3:44pm Oct 13, 2022 3:44pm
Quoting Robinhood1
{quote} Remember the Algo trades against me from second 1. It is short, just have to wait {image}
Forgot to mention a 400 pips to the downside at least
POSTMASTER
  • #696,059
  • Oct 13, 2022 3:48pm Oct 13, 2022 3:48pm
BoR
POSTMASTER
  • #696,060
  • Oct 13, 2022 4:01pm Oct 13, 2022 4:01pm
Quoting Robinhood1
BoR
You guys cannot see it but its hitting 106.53
POSTMASTER
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