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Cable Update (GBPUSD)

  • #701,341
  • Oct 27, 2022 9:20am Oct 27, 2022 9:20am
Quoting knkie
{quote} M5 kinda bullish no ? {image}
Turning bullish for me, not 100% yet (66%^^)
So very soon

And with equity doing a come back from intraday abyss....risk on so far
COT: The precious data ignored
  • #701,342
  • Oct 27, 2022 9:23am Oct 27, 2022 9:23am
UCHF short.

crazy days again with lots of fight between bulls and bears.
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  • #701,343
  • Edited 9:48am Oct 27, 2022 9:25am | Edited 9:48am
Quoting Pat Chiko
GU Scalping LONG on pull back. Quick positioning{image}

GU

With some luck, the scalping trade run well, with minor rejection @ H1 Supply zone, trapping seller for LQ.
Moving Stop to positive, and hope this trade will continue to 1.74....(wishful thinking only...)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #701,344
  • Oct 27, 2022 9:25am Oct 27, 2022 9:25am
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yes yes yes
  • #701,345
  • Oct 27, 2022 9:25am Oct 27, 2022 9:25am
Quoting Jolita
Musk will close Twitter deal by Friday, deadline is 28 Oct. Twitter could be a good buy on the news. Edit: Long entered at 5339 , already +40pips
Elon is one of the biggest holders of DogeCoin. Let's see where this goes starting tomorrow if they can close this deal tomorrow evening....
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Lost....
  • #701,346
  • Oct 27, 2022 9:31am Oct 27, 2022 9:31am
Since Cable did not come right down to 1.14 for me to add more long's, I'll let it run to 1.18.

For the mean time, I took a short on USDJPY and a long on EURUSD, target is Oct 31. If they're profitable today, I'll close it today. Otherwise, whatever price come end-Oct, I'll close it then.
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  • #701,347
  • Oct 27, 2022 9:32am Oct 27, 2022 9:32am
Chancing a short again . That 161 has to hold or it’s long hedge . But I Have not took a long even with my rule
  • #701,348
  • Edited 9:49am Oct 27, 2022 9:32am | Edited 9:49am
US DATA ON GBP is good but Dollah turns Sour.


Why is that. What are we looking for on Technical/Fundamental combo ?
Can anyone tell me the reason

On technical for GBP/USD, the set up is rejection on H1, but price rebounce

The GDP Data :
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DXY
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GU - rejection and trap:
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #701,349
  • Oct 27, 2022 9:33am Oct 27, 2022 9:33am
Quoting Pat Chiko
{quote} GU With some luck, the scalping trade run well, with minor rejection @ H1 Supply zone, trapping seller for LQ. Moving to Stop to positive, and hope this trade will continue to 1.74....(wishful thinking only...) {image}
Hope it's not a H&S
  • #701,350
  • Oct 27, 2022 9:34am Oct 27, 2022 9:34am
Break of yesterdays high will knock me out of the scalping short
Its not looking good but discipline is more important than visual thinking
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  • #701,351
  • Oct 27, 2022 9:38am Oct 27, 2022 9:38am
Quoting Pat Chiko
US DATA ON GBP is good but Dollah turns Sour. Why is that. What are looking for on Technical/Fundamental combo ? Can anyone tell me the reason On technical for GBP/USD, the set up is rejection on H1, but price rebounce The GDP Data :{image} DXY{image} GU - rejection and trap: {image}
Something else is at work for sure.
May be the big guys think dolla' is too expensive{premium)
More time in the market, does not mean you trade better!
  • #701,352
  • Oct 27, 2022 9:39am Oct 27, 2022 9:39am
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two trades . It’s early on 1 min though tight stop be when possible
  • #701,353
  • Oct 27, 2022 9:41am Oct 27, 2022 9:41am
I closed at a loss and then buy sell buy sell, lol.
Running in circles. I got out with a loss.
I'll try again later. I'm in EURUSD now.

Quoting Pat Chiko
{quote} Nice trade Bro.... What happen to this trade ?. {quote}
Funded trader
  • #701,354
  • Oct 27, 2022 9:52am Oct 27, 2022 9:52am
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rule applied 3 trades now . COME ON .
  • #701,355
  • Oct 27, 2022 9:54am Oct 27, 2022 9:54am
Quoting TheWolf
EUR/JPY and GBP/JPY out. USD/JPY Short.. I'm done, last trade. {image}
Hahahahah
USD/JPY Closed in loss, however...
  • #701,356
  • Oct 27, 2022 9:58am Oct 27, 2022 9:58am
nice candle forming
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yes yes yes
  • #701,357
  • Oct 27, 2022 10:01am Oct 27, 2022 10:01am
Quoting elbert3
{image} rule applied 3 trades now . COME ON .

what is the rule? Could you tell me at what point you have entered position?
you can't stop the waves, but you can learn to surf
  • #701,358
  • Oct 27, 2022 10:03am Oct 27, 2022 10:03am
Quoting TheWolf
{quote} Hahahahah USD/JPY Closed in loss, however...
Im looking UJ long.. very very nice setup but the error price will be expensive

long 145.95
tp1 147.8
tp 148.75

sl 145.1
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  • #701,359
  • Oct 27, 2022 10:15am Oct 27, 2022 10:15am
Quoting Robinhood1
{quote} Good Leon. I have target around 144.90, Probably slightly below but 144.90 will do
Hi Robinhood,
For what its worth I have a sell set up right now and 144.90 quite achievable.
Cheers.
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Trade to trade another day
  • #701,360
  • Oct 27, 2022 10:16am Oct 27, 2022 10:16am
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touching ema down please
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