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Cable Update (GBPUSD)

  • #704,481
  • Nov 7, 2022 3:31am Nov 7, 2022 3:31am
If we can get decent pullback, will contnue to look for long trades.
Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd 1hour Second Pullback.PNG Size: 35 KB
Plan your trades and trade your plan.
  • #704,482
  • Nov 7, 2022 3:41am Nov 7, 2022 3:41am
Quoting Bryan5229
If we can get decent pullback, will contnue to look for long trades. {image}
Like to see a pull back just below 11250 which should give us a decent area for up move
Insane in the Brain..
  • #704,483
  • Nov 7, 2022 3:44am Nov 7, 2022 3:44am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 12 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 19 KB
yes yes yes
  • #704,484
  • Nov 7, 2022 3:45am Nov 7, 2022 3:45am
Here was me thinking that after all the major news events last week, this week we might have a bit more calm.
  • #704,485
  • Nov 7, 2022 3:50am Nov 7, 2022 3:50am
short eu also
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 20 KB
yes yes yes
  • #704,486
  • Nov 7, 2022 3:50am Nov 7, 2022 3:50am
Quoting BeeTogether
{quote} Like to see a pull back just below 11250 which should give us a decent area for up move
That's still possible, although I'm eyeeing for 1.14205 level but will see what happens.
Plan your trades and trade your plan.
  • #704,487
  • Nov 7, 2022 3:51am Nov 7, 2022 3:51am
Quoting Kimmymore
Set tp = 1.173xx gu buy. need your time. {image}

ONLY SELL WHEN GU = 1.173XX

Attached Image (click to enlarge)
Click to Enlarge Name: GU 1.173.jpg Size: 147 KB
  • #704,488
  • Nov 7, 2022 3:52am Nov 7, 2022 3:52am
All the indicators that I use are telling me to sit on my hands right now! I am listening for the first time.
  • #704,489
  • Nov 7, 2022 3:55am Nov 7, 2022 3:55am
Quoting dantpm
All the indicators that I use are telling me to sit on my hands right now! I am listening for the first time.
Me too....protecting capital is a very good position to take

I was about to say that I could go out and buy a nice coffee.....but I am still in isolation, so I can't!!
I am neither brave nor stupid...I am just a part time trader
  • #704,490
  • Edited 4:17am Nov 7, 2022 3:59am | Edited 4:17am
...bit of a p/back from around that 76.4% fib on chart below, - now a prev 30min sw hi zone. Not surprising given a 180pip move. Could see supply emerge anywhere in that light blue zone above current dly hi if tested - ie a prev 1hr sw hi zone stretching up to the prev 1hr/4hr sw hi zone that extends to 1565, and of course in that too.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 30 KB
Trader with an Edge.
  • #704,491
  • Nov 7, 2022 4:00am Nov 7, 2022 4:00am
Gbpusd long at 1.14380
  • #704,492
  • Nov 7, 2022 4:03am Nov 7, 2022 4:03am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20221107_110153.jpg Size: 346 KB
We cut the winners short and let the losers run.
  • #704,493
  • Nov 7, 2022 4:06am Nov 7, 2022 4:06am
Quoting kuroro001
m1/m5/m15 uptrend m30/h1/h4 downtrend So short term is still upside oriented while larger tf downside oriented. Either waiting for m1/m5 to turn down and join the larger TF to short it Or keeping buy short term dip, and waiting for larget TF to turn up to buy bigger Monday is coming soon
m30/h1 joining bull party now

But its too late for me to join, so i guess i'll pass for now (just scalp quickly)
COT: The precious data ignored
  • #704,494
  • Nov 7, 2022 4:06am Nov 7, 2022 4:06am
...gmt+2 4hr closes v.bullish-bodied at least, a few mins ago.

4hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Trader with an Edge.
  • #704,495
  • Nov 7, 2022 4:09am Nov 7, 2022 4:09am
Quoting Indiara
{quote} But your pips are worth big dollars.....mine are just little dollars!! But we both win!! yipeeeeeeee
we look for %%%%, it doesnt matter if it is big or little stakes.... PERCENT yaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #704,496
  • Nov 7, 2022 4:13am Nov 7, 2022 4:13am
THIS IS MY GU M30.



NEED YOUR TIME.
Attached Image (click to enlarge)
Click to Enlarge Name: GU M30.jpg Size: 112 KB
  • #704,497
  • Nov 7, 2022 4:14am Nov 7, 2022 4:14am
Quoting billytt
{quote} we look for %%%%, it doesnt matter if it is big or little stakes.... PERCENT yaaaaaaaaaaaaaaay
Yes, is true.....you are correct. Perhaps this time next year the percent will be the same, but my dollars may be bigger.
I am neither brave nor stupid...I am just a part time trader
  • #704,498
  • Nov 7, 2022 4:14am Nov 7, 2022 4:14am
Quoting Moty
short eu also {image}
It was great MOTY .I was able to make a good profit based on my vision and your guidance
Do not get emotional when you gain or lose
  • #704,499
  • Nov 7, 2022 4:15am Nov 7, 2022 4:15am
Quoting dantpm
All the indicators that I use are telling me to sit on my hands right now! I am listening for the first time.
Congratulations!
"No trade is still a trade." - Peter Borish
  • #704,500
  • Nov 7, 2022 4:15am Nov 7, 2022 4:15am
Gbpusd short tp 14.380 and then long at tp
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