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Cable Update (GBPUSD)

  • #703,121
  • Nov 3, 2022 1:46am Nov 3, 2022 1:46am
Quoting Kimmymore
GU SELL TP = 1.12688 {image}

DONE.




----------------


NOW GU BUY.

TP = 1.173XX.........1.17588
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 91 KB
  • #703,122
  • Nov 3, 2022 1:47am Nov 3, 2022 1:47am
Quoting Moty
{quote} you are right gu is down 100 pips from daily open and aussie is only 40 regardless to each adr i will close all position when gu will hit 1.12728 {image}
what happened to the longs?
  • #703,123
  • Nov 3, 2022 1:47am Nov 3, 2022 1:47am
Quoting Indiara
I have a GU Sell, just a little 20 pips sell as part of the testing for next years adventure. Is still live, but 20 pips is my target Edit...wrong chart ... Fixed now {image}
Well that did not take long. I just move SL to protect and then TP hit.

So this is the target of the day achieved and I will enter this into the database. By the end of this month I will have a good idea if I can do this for a whole year and make some good money. Just have to stay in the long grass and be patient.

M5 chart so you can see

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 23 KB
I am neither brave nor stupid...I am just a part time trader
  • #703,124
  • Nov 3, 2022 1:48am Nov 3, 2022 1:48am
Scalping buy, stop 1250.
reason testing 4h order block for some reaction.
PA Return Today: na
  • #703,125
  • Nov 3, 2022 1:48am Nov 3, 2022 1:48am
Quoting dantpm
{quote} You have to be careful. The correlation is not 1:1! It also changes depending on what is happening. It is a useful indicator!
Yes, this is very true, I use only for direction of the cross currency pairs
I am neither brave nor stupid...I am just a part time trader
  • #703,126
  • Nov 3, 2022 1:49am Nov 3, 2022 1:49am
...154pips move down so far today, Dly S2 reached in that prev 1hr/4hr sw hi then lo zone = prev supp = pot supp. 227pips is 30day adr so 68% traveled so far today!
Trader with an Edge.
  • #703,127
  • Nov 3, 2022 1:50am Nov 3, 2022 1:50am
Quoting dantpm
{quote} You have to be careful. The correlation is not 1:1! It also changes depending on what is happening. It is a useful indicator!
Yup,
EuroUsd is something around 63% of the US dollar Index.
And next is GU,
And other the major currency
More time in the market, does not mean you trade better!
  • #703,128
  • Nov 3, 2022 1:50am Nov 3, 2022 1:50am
I'm waiting for a pullback, there is news today.
  • #703,129
  • Nov 3, 2022 1:50am Nov 3, 2022 1:50am
Quoting Moty
{quote} you are right gu is down 100 pips from daily open and aussie is only 40 regardless to each adr i will close all position when gu will hit 1.12728 {image}
all out
funny that short gu was taken after short aussie and in half lot from it , and gained double from it
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 29 KB
yes yes yes
  • #703,130
  • Nov 3, 2022 1:51am Nov 3, 2022 1:51am
Quoting Headland
...154pips move down so far today, Dly S2 reached in that prev 1hr/4hr sw hi then lo zone = prev supp = pot supp. 227pips is 30day adr so 68% traveled so far today!
Yes, S2 was another reason to not seek more than 20 pips
I am neither brave nor stupid...I am just a part time trader
  • #703,131
  • Nov 3, 2022 1:51am Nov 3, 2022 1:51am
Attached Image (click to enlarge)
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loverly bit of trading
Attached Image (click to enlarge)
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1250 area could be next to tl attraction
  • #703,132
  • Nov 3, 2022 1:52am Nov 3, 2022 1:52am
...JP really screwed the risk asset buyers in the press conference y/day, lol! Will be interesting to see what the intrinsically cautious/conservative Boe Mpc do today, and then what Gvnr Bailey has to say - who has cautiousness in his DNA.
Trader with an Edge.
  • #703,133
  • Nov 3, 2022 1:52am Nov 3, 2022 1:52am
Quoting Whale
{quote} what happened to the longs?
the longs ate my profit from 900 $ eqvity to 62$
i switched to short aussie at midnight
yes yes yes
  • #703,134
  • Nov 3, 2022 1:53am Nov 3, 2022 1:53am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
!! Radha Radha !!
  • #703,135
  • Nov 3, 2022 1:56am Nov 3, 2022 1:56am
Quoting Georginson
Second buy manually entered... At 1.1316 all target now 1.1374.
That sucks.. you were right about 1.11 it seems..
Way closer than 1.17.
  • #703,136
  • Nov 3, 2022 1:56am Nov 3, 2022 1:56am
BOE announcement came or what ?

Intraday only.
  • #703,137
  • Nov 3, 2022 1:58am Nov 3, 2022 1:58am
Don 1.20 as we hoped for is near impossible if not impossible all together.. it looked promising when price was at 1.164..
  • #703,138
  • Nov 3, 2022 1:59am Nov 3, 2022 1:59am
Quoting OragonFx
Maybe 1.1268 {image}
It keeps falling, adr almost reached with no breather wth, strong pull back on BOE announcement?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
No pen no gen
  • #703,139
  • Nov 3, 2022 2:00am Nov 3, 2022 2:00am
long now.

stop 1250 for today.
Intraday only.
  • #703,140
  • Edited 4:53am Nov 3, 2022 2:00am | Edited 4:53am
LOng 1.1253 SL 1.1210
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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