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Cable Update (GBPUSD)

  • #707,321
  • Nov 15, 2022 7:54am Nov 15, 2022 7:54am
Quoting MrFanciful
{quote} Me getting raped
Keep SL
  • #707,322
  • Nov 15, 2022 7:55am Nov 15, 2022 7:55am
...dly below shows the pot sbr that provided the supply...it extends up to circa 2044. There is an upside fib circa 2036.

dly below
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Trader with an Edge.
  • #707,323
  • Nov 15, 2022 7:56am Nov 15, 2022 7:56am
Quoting elbert3
Big move past 1960 I had auto tadreds there so the long was win but not had a stop on auto sell . So holding a loser right now
Monthly resistance is 2150 ish . So I might have to juggle the losing short .
  • #707,324
  • Nov 15, 2022 7:56am Nov 15, 2022 7:56am
close scalp short. phew
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,325
  • Nov 15, 2022 7:58am Nov 15, 2022 7:58am
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  • #707,326
  • Nov 15, 2022 7:58am Nov 15, 2022 7:58am
Buy stop 1979 ! ahhhh the good old days!!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #707,327
  • Nov 15, 2022 7:59am Nov 15, 2022 7:59am
Quoting JayBag
{quote} I am swimming in it ATM. I have room though but I still need swimming lessons
There have been so many statements over recent days about the price dropping that I think many of us may need some aqua gear

At least Im hedged but its a matter of getting it right when closing One side of hedge
  • #707,328
  • Nov 15, 2022 7:59am Nov 15, 2022 7:59am
Quoting bilal1947
{quote} added a dummy weekly candle of next week on the chart, please do check your weekly chart to get the clarity. {image}
The dummy weekly candle turns Real ! still yearly mid level is +38 pips high though

trade safe.
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"Exchange of hands"
  • #707,329
  • Nov 15, 2022 7:59am Nov 15, 2022 7:59am
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long entered stop 46 add 1975 if possible fail then wait and see
  • #707,330
  • Nov 15, 2022 8:01am Nov 15, 2022 8:01am
Quoting bilal1947
{quote} The dummy weekly candle turns Real ! still yearly mid level is +38 pips high though trade safe. {image}
Absolutely spot on... In an overblown higher time frame.
Data + Stat + Risk/Emotions Management
  • #707,331
  • Nov 15, 2022 8:02am Nov 15, 2022 8:02am
Buy stop 2000
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #707,332
  • Nov 15, 2022 8:04am Nov 15, 2022 8:04am
Quoting JayBag
Some of us BEARS must be exhausted by now. Time for MM to drag this down Nothing new! I am currently swimming in an ocean (If you get my drift) EURJPY gave me a bit of room for DD I wish I equally sized my positions on both. Anyway, let's see I have hopes for 1.1555 still Cheers
Y do I see eur/jpy & gbp/usd moving in inverse direction. Is there co relation?
  • #707,333
  • Nov 15, 2022 8:06am Nov 15, 2022 8:06am
2176 is 61.8 fib ext .second ext from the lat 1707 bottom we just hit 261 ext so let’s see retrace number 1653 on my chart . Others might have a different out look
  • #707,334
  • Nov 15, 2022 8:07am Nov 15, 2022 8:07am
I hope you are all enjoying the wrecking bull?
  • #707,335
  • Nov 15, 2022 8:09am Nov 15, 2022 8:09am
Quoting Mitiblotch
I hope you are all enjoying the wrecking bull?
Nope lol…
Insane in the Brain..
  • #707,336
  • Nov 15, 2022 8:10am Nov 15, 2022 8:10am
Quoting elbert3
2176 is 61.8 fib ext .second ext from the lat 1707 bottom we just hit 261 ext so let’s see retrace number 1653 on my chart . Others might have a different out look
Are you saying you're expecting a retrace to 1653 before another rise?
  • #707,337
  • Nov 15, 2022 8:14am Nov 15, 2022 8:14am
Sold 1.1970 SL 1.2000
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #707,338
  • Nov 15, 2022 8:15am Nov 15, 2022 8:15am
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Well long failed so let’s go back to the rule
  • #707,339
  • Nov 15, 2022 8:15am Nov 15, 2022 8:15am
Got a call from Mrs Margin...we spoke then decided to close of 4 sells I had in the red...took a knock but lived to catch the retrace down....and hopefully make back my loss in the next couple of days.
average dude treading water
  • #707,340
  • Nov 15, 2022 8:16am Nov 15, 2022 8:16am
Today is another day, i am still in between of using SL vs Averaging, what is the call of majority?

perhaps small lots is for averaging and little bit big may be for SL
"Exchange of hands"
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Fishbones