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Cable Update (GBPUSD)

  • #701,161
  • Oct 27, 2022 2:55am Oct 27, 2022 2:55am
Quoting TheWolf
If this 15M candle that is now coming doesn't give sell I'll consider if I will take profit or not. I was expecting both red candles (Hourly) from Franky and London and then consolidation before the news.
Took Profit. Didn't see necessary momentum. Also, big news are in 4 hours.
  • #701,162
  • Oct 27, 2022 2:57am Oct 27, 2022 2:57am
Quoting Whale
{image}
almost....

waiting game.
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  • #701,163
  • Oct 27, 2022 2:57am Oct 27, 2022 2:57am
Quoting Waveskierrob
{quote} So now you will just trade the break of the HIGH or LOW within that 30 min timeframe 07-45 to 8-15
Hi Wave, i hope you are well.
Without contradicting myself.
My main trade used to be the 08-00 to 08-15 candle,,,,Quite often i would get the first trigger ,trade it for profit and then close.
Then wait for the next day.

Then i started to trade off the 07-45 to 08-00 candle, this is the contradiction part.
Once this trade was proftable or even a fail, i would then be trading off the 08-00 candle and still.
I sort of then forget the 07-45 candle and trade primarily off the 08-00.
BUT, which ever favours my trade i trade the 07-45 again lol...
08-00 is the best once time start moving.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #701,164
  • Oct 27, 2022 2:59am Oct 27, 2022 2:59am
Quoting maxi444
{quote} thanks, I understand, I use the MT4 time, I think it is the same for all or ? now 10.53
To make it easier, just look to see where UK market open , anywhere in the world you will see ,ding ding open
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #701,165
  • Oct 27, 2022 3:01am Oct 27, 2022 3:01am
Quoting Waveskierrob
{quote} So now you will just trade the break of the HIGH or LOW within that 30 min timeframe 07-45 to 8-15
These bars are good to hedge off .yaaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #701,166
  • Oct 27, 2022 3:02am Oct 27, 2022 3:02am
Quoting billytt
{quote} Hi Wave, i hope you are well. Without contradicting myself. My main trade used to be the 08-00 to 08-15 candle,,,,Quite often i would get the first trigger ,trade it for profit and then close. Then wait for the next day. Then i started to trade off the 07-45 to 08-00 candle, this is the contradiction part. Once this trade was proftable or even a fail, i would then be trading off the 08-00 candle and still. I sort of then forget the 07-45 candle and trade primarily off the 08-00. BUT, which ever favours my trade i trade the 07-45 again lol......
Many thanks will give this a go ....
  • #701,167
  • Oct 27, 2022 3:02am Oct 27, 2022 3:02am
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  • #701,168
  • Oct 27, 2022 3:04am Oct 27, 2022 3:04am
Quoting Robinhood1
gold long 1664 to 1670
Target higher, 1673 and reversing swing to downside
POSTMASTER
  • #701,169
  • Oct 27, 2022 3:08am Oct 27, 2022 3:08am
https://www.investing.com/rates-bond...y-yield-spread
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present for dantpm
  • #701,170
  • Oct 27, 2022 3:15am Oct 27, 2022 3:15am
t 09-14
This Cable 08-00 to 08-15 candle , has not had a trigger yet. no high/low break..
t 09-15
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #701,171
  • Oct 27, 2022 3:20am Oct 27, 2022 3:20am
Quoting Lbrto
{quote} what's your take on the Euro? Will the ECB surprise us?
50 bps announced, but given the Russian gas cut and no immediate alternative - fingers crossed
  • #701,172
  • Oct 27, 2022 3:21am Oct 27, 2022 3:21am
t 09-20 am
Cable, about time. the 08-00 to 08-15 candle. High broke . i was in and out as fast as possible. i got my %%%
Trade well all. i am half looking at dax to go long if i can.
t 09-21
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #701,173
  • Oct 27, 2022 3:22am Oct 27, 2022 3:22am
Quoting Isabella_D
https://www.investing.com/rates-bond...y-yield-spread {image}present for dantpm
The Fed's message is about inflation not treasury yields, or at least that is the current rhetoric.
  • #701,174
  • Oct 27, 2022 3:23am Oct 27, 2022 3:23am
Quoting Robinhood1
Gold setup short would reverse up from around 1658 to around 1673 where it would turn bearish
first thinking was best. anyway, i could be on the right track
POSTMASTER
  • #701,175
  • Oct 27, 2022 3:25am Oct 27, 2022 3:25am
Quoting Robinhood1
{quote} first thinking was best. anyway, i could be on the right track
If 1673 turns out to be a turning point, then 1644 target
POSTMASTER
  • #701,176
  • Oct 27, 2022 3:26am Oct 27, 2022 3:26am
Quoting Isabella_D
https://www.investing.com/rates-bond...y-yield-spread {image}present for dantpm
bad economics news = a lower $ ?
  • #701,177
  • Oct 27, 2022 3:32am Oct 27, 2022 3:32am
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  • #701,178
  • Oct 27, 2022 3:33am Oct 27, 2022 3:33am
t 09-31 am
even though i wouldnt advise it today.
Once price enters the 08-00 to 08-15am uk time bar. we can trade the break again.
Just keep looking at the daily range,
So far today the daily range is 60, we have lots to look for.
I am not trading cable again today, i ahve enough.
trade well all.
t 09-33
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #701,179
  • Oct 27, 2022 3:34am Oct 27, 2022 3:34am
GU SELL
TP = 1.12688
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  • #701,180
  • Oct 27, 2022 3:38am Oct 27, 2022 3:38am
Quoting billytt
t 09-20 am Cable, about time. the 08-00 to 08-15 candle. High broke . i was in and out as fast as possible. i got my %%% Trade well all. i am half looking at dax to go long if i can. t 09-21
Hi wasn't this just 2.5 pip brakeout for 2 seconds ? minus spread makes difficult to execute at least with market order ? Could you please share your chart with position open/closig place so I could make sure not missing something from this method? Thx a lot . Safe trade for U all
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