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Cable Update (GBPUSD)

  • #705,901
  • Nov 10, 2022 6:56am Nov 10, 2022 6:56am
Quoting kourosh1347
{image}{file}
what is this dragon... crab.. mean?...is it say it will get to D?...
  • #705,902
  • Nov 10, 2022 6:58am Nov 10, 2022 6:58am
Quoting donfriday
{quote} Pls what is GBPUSD weekly minimum range that at least price 90% of weekly trading price fulfill
Sorry for the late reply as I was offline. Last 7 weeks minimum range is 360 pips...

So far this week is 310 pips ...
Data + Stat + Risk/Emotions Management
  • #705,903
  • Nov 10, 2022 7:01am Nov 10, 2022 7:01am
...just back for U.s Cpi data...don't think I missed much other than a few here pulling their hair out in frustration maybe,? lol! Only 30.5% of 30day adr traveled so far today. 75% of 13wk awr so far this week, as Georginson alluded to in his post above.

1hr below
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Trader with an Edge.
  • #705,904
  • Nov 10, 2022 7:02am Nov 10, 2022 7:02am
No one knows what the price is going to do.

But the PA says... it may go llooonnngg.

Intraday only.
  • #705,905
  • Nov 10, 2022 7:10am Nov 10, 2022 7:10am
...up, down, up, down, up, down, up, the story of the day so far re 1hr...what next? Let's hope U.s Cpi is skewed away from the prev and forecasts either way, hopefully to create some volatility!
Trader with an Edge.
  • #705,906
  • Nov 10, 2022 7:18am Nov 10, 2022 7:18am
Quoting Headland
...up, down, up, down, up, down, up, the story of the day so far re 1hr...what next? Let's hope U.s Cpi is skewed away from the prev and forecasts either way, hopefully to create some volatility!
What this isn't volatility?
  • #705,907
  • Nov 10, 2022 7:21am Nov 10, 2022 7:21am
Quoting dantpm
{quote} What this isn't volatility?
Lol, it's probably relative to t/f, 1min-5min has been good so far today for scalps, I probably meant uni-directional volatility and movement/momentum.
Trader with an Edge.
  • #705,908
  • Nov 10, 2022 7:21am Nov 10, 2022 7:21am
Quoting dantpm
{quote} What this isn't volatility?
What a question, Lol
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #705,909
  • Nov 10, 2022 7:23am Nov 10, 2022 7:23am
Trade No 7
GBPUSD

Should price shoot above that red thingy and stays above it, I am afraid that's a green light for lazy Lee to the moon.
Let's see how it pans out

Cheers
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  • #705,910
  • Nov 10, 2022 7:23am Nov 10, 2022 7:23am
There is a situation where they are planning an upward move after throwing stops
or without, like they did last Friday
But it is also possible that they will go down
There are many messages today

Consumer price index - core (monthly) (Oct.)
Consumer Price Index (monthly) (October)
Consumer Price Index (annual) (October)
Initial claims for unemployment benefits
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yes yes yes
  • #705,911
  • Nov 10, 2022 7:25am Nov 10, 2022 7:25am
Quoting Pat Chiko
{quote} GU Rocket please. Let go up take out all seller liquidity on the way...{image}
GU

CPI
One spike please........
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #705,912
  • Nov 10, 2022 7:27am Nov 10, 2022 7:27am
Quoting Pat Chiko
{quote} GU CPI One spike please........{image}
You dererve it for the patience alone mate! G/L.
Trader with an Edge.
  • #705,913
  • Nov 10, 2022 7:27am Nov 10, 2022 7:27am
Quoting Pat Chiko
{quote} GU CPI One spike please........{image}
Something like this?
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  • #705,914
  • Nov 10, 2022 7:29am Nov 10, 2022 7:29am
it's so tempting to stay
but i'm out
i will wait for retrace of the move
Attached Image (click to enlarge)
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yes yes yes
  • #705,915
  • Nov 10, 2022 7:29am Nov 10, 2022 7:29am
Quoting Pat Chiko
{quote} {quote} YES, I agree. Not recommended for untrained trader to do this "averaging up" method. It need understanding of market structure and some fundamental, If a trader is new, better closed it. GU : "Live Trade Real Time Only" Up date position. Trying to salvage negative position. Putting up late trade 15 hours ago before going to party... This morning cash out some position to protect capital ( Partial TP) Open position balance on positive nett.{image} This is rescue plan operation, if trades goes sour.
Do you mind sharing your trades on TE or a similar platform?
Meditate -> Workout -> Good Food = Good Life!
  • #705,916
  • Nov 10, 2022 7:31am Nov 10, 2022 7:31am
Spike in the house!!!
Insane in the Brain..
  • #705,917
  • Nov 10, 2022 7:32am Nov 10, 2022 7:32am
Quoting Moty
it's so tempting to stay but i'm out i will wait for retrace of the move {image}

but it could either way
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yes yes yes
  • #705,918
  • Nov 10, 2022 7:32am Nov 10, 2022 7:32am
What a gap! Jeeezzz
  • #705,919
  • Nov 10, 2022 7:33am Nov 10, 2022 7:33am
Quoting Moty
{quote} but it could either way {image}
mine was the same, I took tp at 11414 and then boom 100 pips up!

managed to catch 11520 SL at 1500 TP anytime now lol
Insane in the Brain..
  • #705,920
  • Nov 10, 2022 7:33am Nov 10, 2022 7:33am
Quoting Pat Chiko
{quote} GU CPI One spike please........{image}
wow!
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