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Cable Update (GBPUSD)

  • #706,241
  • Nov 11, 2022 12:31am Nov 11, 2022 12:31am
Quoting Jolita
{quote} Please translate
a day that i made every possible mistake
  • #706,242
  • Nov 11, 2022 12:31am Nov 11, 2022 12:31am
If it breaks yesterday high... i am not going to trade breakout long.

Only short for me today.
Intraday only.
  • #706,243
  • Nov 11, 2022 12:34am Nov 11, 2022 12:34am
Quoting navk
If it breaks yesterday high... i am not going to trade breakout long. Only short for me today.
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morning Navk at this time it’s trying a great but 27 monotony go so let’s see .Regards E
  • #706,244
  • Nov 11, 2022 12:34am Nov 11, 2022 12:34am
Quoting navk
{quote} I have taken short again. At 1725. 1732 is my stop. ( 7 pips stop ) Now let us see. I will leave these trades for the rest of the day
now it is good entry, because price always visits previous breakout level atleast once to clear stops
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  • #706,245
  • Nov 11, 2022 12:36am Nov 11, 2022 12:36am
Quoting Whale
{quote} a day that i made every possible mistake
I made one, went where I thought the money was going instead of following the money
  • #706,246
  • Nov 11, 2022 12:38am Nov 11, 2022 12:38am
Holding my longs, still have a few hundred pips up to go before a correction in my opinion.
  • #706,247
  • Nov 11, 2022 12:41am Nov 11, 2022 12:41am
Quoting elbert3
{quote} {image} morning Navk at this time it’s trying a great but 27 monotony go so let’s see .Regards E
That's potential double top there... Though risk reward favours selling to at least 1.1580 today if yesterday high of 1.1730 stays unbroken...
Data + Stat + Risk/Emotions Management
  • #706,248
  • Nov 11, 2022 12:41am Nov 11, 2022 12:41am
Quoting elbert3
{quote} {image} morning Navk at this time it’s trying a great but 27 monotony go so let’s see .Regards E
Good morning to you too.
Intraday only.
  • #706,249
  • Nov 11, 2022 12:41am Nov 11, 2022 12:41am
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1..from this level the one hour close might leave a dt and straight down to the level we see .2.. it bumps up to that 1757 or a bit higher
  • #706,250
  • Nov 11, 2022 12:44am Nov 11, 2022 12:44am
Quoting navk
If it breaks yesterday high... i am not going to trade breakout long. Only short for me today.
Agree.. on this framework.
price reject the consolidation above daily open.

so tight stop above it should be good try.
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  • #706,251
  • Nov 11, 2022 12:45am Nov 11, 2022 12:45am
Quoting Whale
{quote} a day that i made every possible mistake
Mistakes are inevitable mate, yesterday's move was extreme and only (Account wrecking) few could make something out of it.
Data + Stat + Risk/Emotions Management
  • #706,252
  • Nov 11, 2022 12:47am Nov 11, 2022 12:47am
G/M, exceptionally bullish day y/day. Uk Gdp (etc) data due in less than 15mins. Asian session down then up, and resistance at y/day's hi so far this early London forex session.

1hr below
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Trader with an Edge.
  • #706,253
  • Nov 11, 2022 12:47am Nov 11, 2022 12:47am
Quoting dantpm
{quote} I made one, went where I thought the money was going instead of following the money
you are still here, alive. Smile than.
  • #706,254
  • Nov 11, 2022 12:47am Nov 11, 2022 12:47am
True that, we learn from mistakes
Blank and Empty
  • #706,255
  • Nov 11, 2022 12:50am Nov 11, 2022 12:50am
Quoting Georginson
{quote} Mistakes are inevitable mate, yesterday's move was extreme and only (Account wrecking) few could make something out of it.
Im ok... Jolita ask for a translation to my previous post.
never over reacted when i lose the money, vice versa when im winning
  • #706,256
  • Nov 11, 2022 12:50am Nov 11, 2022 12:50am
Market waiting GBP news
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #706,257
  • Nov 11, 2022 12:52am Nov 11, 2022 12:52am
Careful you don’t get caught out here if short .it’s sneeeky
  • #706,258
  • Nov 11, 2022 12:53am Nov 11, 2022 12:53am
Quoting navk
If it breaks yesterday high... i am not going to trade breakout long. Only short for me today.
Your line of thought is logical, DXY needs to retrace to 108.45/46, 108.66, or even 108.84, time will tell
  • #706,259
  • Nov 11, 2022 12:55am Nov 11, 2022 12:55am
Quoting Yngwie
Market waiting GBP news {image}
question.
why the low of your fib is from body to wick at the top?
  • #706,260
  • Nov 11, 2022 1:03am Nov 11, 2022 1:03am
Uk data seems good too… maybe a new high on the way?
Insane in the Brain..
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