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Cable Update (GBPUSD)

  • #706,241
  • Nov 10, 2022 10:31pm Nov 10, 2022 10:31pm
Quoting Jolita
{quote} Please translate
a day that i made every possible mistake
  • #706,242
  • Nov 10, 2022 10:31pm Nov 10, 2022 10:31pm
If it breaks yesterday high... i am not going to trade breakout long.

Only short for me today.
Intraday only.
  • #706,243
  • Nov 10, 2022 10:34pm Nov 10, 2022 10:34pm
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 10, 2022 10:34pm Nov 10, 2022 10:34pm
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 10, 2022 10:36pm Nov 10, 2022 10:36pm
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 10, 2022 10:38pm Nov 10, 2022 10:38pm
Holding my longs, still have a few hundred pips up to go before a correction in my opinion.
  • #706,247
  • Nov 10, 2022 10:41pm Nov 10, 2022 10:41pm
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 10, 2022 10:41pm Nov 10, 2022 10:41pm
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 10, 2022 10:41pm Nov 10, 2022 10:41pm
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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 10, 2022 10:44pm Nov 10, 2022 10:44pm
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 10, 2022 10:45pm Nov 10, 2022 10:45pm
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 10, 2022 10:47pm Nov 10, 2022 10:47pm
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 10, 2022 10:47pm Nov 10, 2022 10:47pm
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 10, 2022 10:47pm Nov 10, 2022 10:47pm
True that, we learn from mistakes
Blank and Empty
  • #706,255
  • Nov 10, 2022 10:50pm Nov 10, 2022 10:50pm
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 10, 2022 10:50pm Nov 10, 2022 10:50pm
Market waiting GBP news
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #706,257
  • Nov 10, 2022 10:52pm Nov 10, 2022 10:52pm
Careful you don’t get caught out here if short .it’s sneeeky
  • #706,258
  • Nov 10, 2022 10:53pm Nov 10, 2022 10:53pm
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 10, 2022 10:55pm Nov 10, 2022 10:55pm
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 10, 2022 11:03pm Nov 10, 2022 11:03pm
Uk data seems good too… maybe a new high on the way?
Insane in the Brain..
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