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Cable Update (GBPUSD)

  • #696,201
  • Oct 14, 2022 2:18am Oct 14, 2022 2:18am
Quoting Pat Chiko
{quote} Thanks Billy. But, I'm newbie only. You're saying it may goes UP or it may go DOWN ?. Or which is which,,, up or down ? I hope I understand you correctly. Happy to learn from you. Thanks
lol.
the easy part is Where it might go ????
My 00-00 4 hour range .that is 00-00 to 04-00 am uk time. <<<<part of asian session.
the low has broke , so my bias is to short. SO SHORT.
But if price moves up to 00-00 range high at 11366 , the bias is then long.

It is a bias to short right now.. This is how i trade, but i now only do a big scalp like now, and i am smashing it.
Pc is on Bot mode.
trade well
t 08-17
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #696,202
  • Oct 14, 2022 2:18am Oct 14, 2022 2:18am
Quoting Whale
{quote}
Just enjoying when the going is right.

One must enjoy when doing work.
Intraday only.
  • #696,203
  • Oct 14, 2022 2:20am Oct 14, 2022 2:20am
Quoting Whale
{quote}
I will do onething. I will remove " please "

It looks odd when I read.
Intraday only.
  • #696,204
  • Oct 14, 2022 2:20am Oct 14, 2022 2:20am
I have a Sell trade now. The TP is large and I may close early if I don't like what happens.

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I am neither brave nor stupid...I am just a part time trader
  • #696,205
  • Oct 14, 2022 2:20am Oct 14, 2022 2:20am
Quoting bilal1947
The Daily OB will it get respected? {image}
HTF bias - helped when i picked it right and time the entries with Stop loss .

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i am done, set at BE and off from charts.

regards
bilal
"Exchange of hands"
  • #696,206
  • Oct 14, 2022 2:20am Oct 14, 2022 2:20am
I exited short from 147 on USD/JPY. No reason to keep donating. The rest of the orders are still on at 146.5, 146 etc..
Shorts from 167 and 144 look good so far!
  • #696,207
  • Oct 14, 2022 2:21am Oct 14, 2022 2:21am
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morning still in from the top yesterday.. thinking was or is . If you think you hit a point where it stops going up flip and go short WHY because that’s the only other option
  • #696,208
  • Oct 14, 2022 2:22am Oct 14, 2022 2:22am
I may start buying on averaging method.
Intraday only.
  • #696,209
  • Oct 14, 2022 2:23am Oct 14, 2022 2:23am
Quoting Whale
{quote}
Well shorts on what?
  • #696,210
  • Oct 14, 2022 2:23am Oct 14, 2022 2:23am
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But keeping in mind BOE will stop buying Gilts today. This might not save the cable
More time in the market, does not mean you trade better!
  • #696,211
  • Oct 14, 2022 2:25am Oct 14, 2022 2:25am
Quoting Georginson
Last week's range was 440 pips (1.1495 - 1.1055) this week range so far is already 443 pips too as it stands (1.0923 - 1.1366)... So risk reward favours selling to at least 1.1260 area... My invalidation of 1.1260 will be 1.1500.
1.1260 area attained... Now I will take cautious buy from 1.1265 and target 1.1365... stop loss at 1.1200
Data + Stat + Risk/Emotions Management
  • #696,212
  • Oct 14, 2022 2:26am Oct 14, 2022 2:26am
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red line I think
  • #696,213
  • Oct 14, 2022 2:26am Oct 14, 2022 2:26am
Quoting Indiara
I have a Sell trade now. The TP is large and I may close early if I don't like what happens. {image}
Big candle! Trade is protected now

Attached Image (click to enlarge)
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I am neither brave nor stupid...I am just a part time trader
  • #696,214
  • Oct 14, 2022 2:26am Oct 14, 2022 2:26am
Sorry late post, no live trades as i was busy.
The handle was form during FO then break out occurs followed up with a rising wedge. I got partially stopped out because I entered at the handle zone, didn't expect a rising wedge.
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Exhausted
  • #696,215
  • Oct 14, 2022 2:27am Oct 14, 2022 2:27am
t 08-25
My 08-00 15 minute candle/bar. low broke and i went short..... i did post that i would trade the breakout whichever end did it first.
plus then 07-45 to 08-00 candle. that too was a short but tricky.
I am finished until next week.... yaaaaaaaaaaaaaaaaaaaaaaaaaaaaay.
Trade well all.
t 08-27
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #696,216
  • Oct 14, 2022 2:28am Oct 14, 2022 2:28am
Quoting Indiara
{quote} Big candle! Trade is protected now {image}
Bank it, don't protect it.
The money you bank, then use it to make more.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #696,217
  • Oct 14, 2022 2:30am Oct 14, 2022 2:30am
Quoting navk
{quote} I will do onething. I will remove " please " It looks odd when I read.
Sorry sorry, i couldnt resist.
just enter ff to check the economy calandar.
Be back at 1.16
  • #696,218
  • Oct 14, 2022 2:30am Oct 14, 2022 2:30am
Quoting navk
{quote} Very easy day to me. Shorts giving more money. Another 125 bucks added in short trades. As I have been saying 30 min + 60 min + 4hr overhead resistance + 30 min momentum. This is enough to short and print. Guys, do not say, I do not share info. In asia I quoted I am going for short, which i am doing. {image}
Appreciate you sharing.

Are you using 30 min or 60 min for entry? Just clarifying when you said "30 min + 60 min + 4hr overhead resistance + 30 min momentum"
  • #696,219
  • Oct 14, 2022 2:33am Oct 14, 2022 2:33am
Quoting Whale
{quote} Sorry sorry, i couldnt resist. just enter ff to check the economy calandar. Be back at 1.16
Nothing wrong.

Just enjoy what you doing.

You can reply for my funny posts in funny manner.

Intraday only.
  • #696,220
  • Oct 14, 2022 2:33am Oct 14, 2022 2:33am
Quoting WizardTrade
{quote} Going to test 1.12250 now
Very nice. En route.
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WARNING: This post warps space and time in its vicinity.
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