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Cable Update (GBPUSD)

  • #707,681
  • Nov 16, 2022 11:22am Nov 16, 2022 11:22am
Quoting elbert3
{quote} hi navk , you have made quite a bit today E
Yeah , I made quite a bit... , I was expecting fire works.

And at the end a climax to my trades... went short... and went on to add short.

The price reversed to 1895. Quite a bit of floating loss.

But at the end managed to get out of short trades ( last basket of trades for today )with a small profit.
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Intraday only.
  • #707,682
  • Nov 16, 2022 11:22am Nov 16, 2022 11:22am
Quoting Wavegarrick
{quote} Today is the 15th of November which is the mid point of the 4th Quarter and we touched 1.200000 and my target at 1.1956. Is this a coincidence or what. Do we retrace back to 1.16169 or continue above 1.20000 for a nice Xmas rally towards 1.25000?. We could retrace from here for a try up later. We shall see. Time will tell. Have a great day, Cheers. {image}
In case some has missed this post of WG, powerful
"Exchange of hands"
  • #707,683
  • Nov 16, 2022 11:38am Nov 16, 2022 11:38am
Quoting navk
{quote} Yeah , I made quite a bit... , I was expecting fire works. And at the end a climax to my trades... went short... and went on to add short. The price reversed to 1895. Quite a bit of floating loss. But at the end managed to get out of short trades ( last basket of trades for today )with a small profit. {image} {image}
  • #707,684
  • Nov 16, 2022 11:47am Nov 16, 2022 11:47am
Quoting Tronis
{quote} This looks more promising now. Closed two trades, rest at BE. {image}
Short trades got stopped out at BE, running longs now
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  • #707,685
  • Nov 16, 2022 11:50am Nov 16, 2022 11:50am
Feels like an ambush is about to take place .. slowly creeping up and then bang . Lol
  • #707,686
  • Nov 16, 2022 12:00pm Nov 16, 2022 12:00pm
All the Americans are on vacation! They don't want to work, not even 2 sail together, in M1 it's been a while since I've seen a beating like this!
  • #707,687
  • Nov 16, 2022 12:04pm Nov 16, 2022 12:04pm
Quoting Tronis
{quote} Short trades got stopped out at BE, running longs now {image}
All closed, will look again tomorrow.
  • #707,688
  • Nov 16, 2022 12:10pm Nov 16, 2022 12:10pm
one more up on the 1 min,
  • #707,689
  • Nov 16, 2022 12:25pm Nov 16, 2022 12:25pm
for 20 pips
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yes yes yes
  • #707,690
  • Nov 16, 2022 12:50pm Nov 16, 2022 12:50pm
have u guys see this double doji..?
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  • #707,691
  • Nov 16, 2022 12:50pm Nov 16, 2022 12:50pm
Today seemed to me to be too much guesswork with those long scarey wicks, so I sat on the side and watched only.
Well done to all those scalpers that ended up with green pips.
  • #707,692
  • Nov 16, 2022 12:59pm Nov 16, 2022 12:59pm
Quoting Moty
for 20 pips {image}
nailed it
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yes yes yes
  • #707,693
  • Nov 16, 2022 1:03pm Nov 16, 2022 1:03pm
Quoting Chris_35
Today seemed to me to be too much guesswork with those long scarey wicks, so I sat on the side and watched only. Well done to all those scalpers that ended up with green pips.
One of the reasons I avoided GU today. Tomorrow should be fun tho
  • #707,694
  • Nov 16, 2022 1:22pm Nov 16, 2022 1:22pm
Quoting Moty
{quote} nailed it {image}
This example is an excellent guide. The point of loss and the target are clearly defined
Do not get emotional when you gain or lose
  • #707,695
  • Nov 16, 2022 1:28pm Nov 16, 2022 1:28pm
for 28 pips
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yes yes yes
  • #707,696
  • Nov 16, 2022 1:45pm Nov 16, 2022 1:45pm
Quoting elbert3
one more up on the 1 min,
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that’s that leg up and now for the ambush
  • #707,697
  • Nov 16, 2022 1:47pm Nov 16, 2022 1:47pm
1900 first let’s see if it goes again
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  • #707,698
  • Nov 16, 2022 1:49pm Nov 16, 2022 1:49pm
gap is closed
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yes yes yes
  • #707,699
  • Nov 16, 2022 1:52pm Nov 16, 2022 1:52pm
Quoting Mitiblotch
Cooking something! It feels like bear meat is being cooked deliciously for bulls to eat. {image}
Trying to break above. Once that happens then 1.20 is the first target. I sensed they would want to do it late. EU has touched it's D200MA but GU hasn't. Something sweet is being cooked in the pots. So if these guys bought on a Wednesday (triple swap day) then higher prices are most likely coming.

Trade carefully.
  • #707,700
  • Nov 16, 2022 1:53pm Nov 16, 2022 1:53pm
mmmmm
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