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Cable Update (GBPUSD)

  • #708,681
  • Nov 22, 2022 9:54am Nov 22, 2022 9:54am
Quoting DragonT
I can say it rudely now, but the pound just stands still. In general, there is practically no movement, even lateral movement.
At least the EU has risen!
What happens next, too many people try to pile into the GU and when enough are there, the MM's simply turn it around, well unless they can extract enough liquidity from them!
  • #708,682
  • Nov 22, 2022 9:55am Nov 22, 2022 9:55am
Quoting Robinhood1
{quote} Natural chart behaviour has been broken. Any trader with a few years experience can tell. We shall not surrender. {image} .
As it stands, TP is at 1785 but will be rising as time goes by
POSTMASTER
  • #708,683
  • Nov 22, 2022 10:02am Nov 22, 2022 10:02am
Quoting Robinhood1
{quote} Natural chart behaviour has been broken. Any trader with a few years experience can tell. We shall not surrender. {image} .
Possibly it is going for liquidity @1740
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  • #708,684
  • Nov 22, 2022 10:09am Nov 22, 2022 10:09am
Quoting Milan
{quote} Possibly it is going for liquidity @1740 {image}
Its a natural law area so i do not expect it to fall
POSTMASTER
  • #708,685
  • Nov 22, 2022 10:26am Nov 22, 2022 10:26am
Boring too much.

Closed all short trades.

I will now wait for last two or three hours for the price to go high. TO short.
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Intraday only.
  • #708,686
  • Nov 22, 2022 10:27am Nov 22, 2022 10:27am
Ranging like crazy… back to business tomorrow
Insane in the Brain..
  • #708,687
  • Nov 22, 2022 10:31am Nov 22, 2022 10:31am
Quoting Indiara
{quote} There we are, TP hit +40 {image}
I got it plus 47 pips ..Moty baby are you in too!!
  • #708,688
  • Nov 22, 2022 10:33am Nov 22, 2022 10:33am
Quoting Bella.al
{quote} Current Rate : 1.18737 I am done with the pop corns but there is still no change , a serious war between Bulls and Bears . T/S: 1.18652 -Bella's Blue. {image}

My T/S is closed for +21 Pips.

-bella
Goddess of Thunder..
  • #708,689
  • Nov 22, 2022 10:36am Nov 22, 2022 10:36am
time to clock out for the day with my lunch box!!! well deserved
  • #708,690
  • Nov 22, 2022 11:00am Nov 22, 2022 11:00am
Quoting navk
Boring too much. Closed all short trades. I will now wait for last two or three hours for the price to go high. TO short. {image} {image}
wednesday will be fun, take rest n prepare
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  • #708,691
  • Nov 22, 2022 11:15am Nov 22, 2022 11:15am
This is still bullish to me, as far as price keeps trading above 1.1778 - 1.1820... since 1.1900 has been touched, price should be looking at 1.1940 tomorrow if buyers can close today above 1.1870....
Data + Stat + Risk/Emotions Management
  • #708,692
  • Nov 22, 2022 12:08pm Nov 22, 2022 12:08pm
Quoting Georginson
This is still bullish to me, as far as price keeps trading above 1.1778 - 1.1820... since 1.1900 has been touched, price should be looking at 1.1940 tomorrow if buyers can close today above 1.1870....

same view but I will short 1950
i can only buy below 1750
MY OPINION NOT FINANCIAL ADVISE
  • #708,693
  • Nov 22, 2022 12:18pm Nov 22, 2022 12:18pm
Quoting navk
Boring too much. Closed all short trades. I will now wait for last two or three hours for the price to go high. TO short. {image} {image}
Not that boring, a free money day. who need drama.
  • #708,694
  • Nov 22, 2022 12:25pm Nov 22, 2022 12:25pm
Quoting Wavegarrick
{quote} My buy trades still holding up nicely Folks. A serious break above 1.190000 is needed to get out of the triangle. Trade well. Cheers. {image}
Anyway Folks, I don't know how much longer I am going to be around this thread and forex factory, which I have been around for 5 years.. My sole intention was to see if I could maintain a longer term strategy and a journal of my most difficult pair which is GbpUsd. I have had my trials and tribulations with this pair but overall been successful. I feel that I am confident to move forward with this pair.The most important lesson I have had from this thread is not to be overconfident because it will bite back three fold. Be humble, stay humble and you will get into the flow of things here.
I will post from time to time, but honestly not when I get my signal as I have done in the past. I have done my community service here. It will simply be, spur of the moment and saying hello.
I wish all of you a great trading journey.
Gu is in an upward trajectory and it will be hard to break this momentum at the moment. A daily break above 1.190000 and more importantly a weekly break above 1.20000 crux for a 4th quarter finish.
Trade safe,
Cheers.
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Trade to trade another day
  • #708,695
  • Nov 22, 2022 12:28pm Nov 22, 2022 12:28pm
Quoting Wavegarrick
{quote} Anyway Folks, I don't know how much longer I am going to be around this thread and forex factory, which I have been around for 5 years.. My sole intention was to see if I could maintain a longer term strategy and a journal of my most difficult pair which is GbpUsd. I have had my trials and tribulations with this pair but overall been successful. I feel that I am confident to move forward with this pair.The most important lesson I have had from this thread is not to be overconfident because it will bite back three fold. Be humble, stay humble...
Good fortune, safe travels, look forward to 'seeing you around'!
  • #708,696
  • Nov 22, 2022 12:38pm Nov 22, 2022 12:38pm
So does anyone have any idea why its so quiet this week?
  • #708,697
  • Nov 22, 2022 12:39pm Nov 22, 2022 12:39pm
Navk how do you determine your days trading?
  • #708,698
  • Nov 22, 2022 12:44pm Nov 22, 2022 12:44pm
im back!!!!!
be a thinker before being a reacter
  • #708,699
  • Nov 22, 2022 12:50pm Nov 22, 2022 12:50pm
Attachment g
yes yes yes
  • #708,700
  • Nov 22, 2022 1:12pm Nov 22, 2022 1:12pm
Quoting Whale
{quote} Not that boring, a free money day. who need drama.
Not a free money day, but easy day to trade.

Was watching TV serial and placed some short trades which I closed now.

Calling it a day.

Let us see Tokyo.
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Intraday only.
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