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Cable Update (GBPUSD)

  • #710,561
  • Nov 30, 2022 10:54pm Nov 30, 2022 10:54pm
Quoting PatienceFx
long added [ using no indicators ] {image}
I would like to enter a Buy trade too, but I just can't jump onto a moving train. I will have to let this go and wait for another train. So tempting, but I'm not allowed!
I am neither brave nor stupid...I am just a part time trader
  • #710,562
  • Nov 30, 2022 10:56pm Nov 30, 2022 10:56pm
Quoting suhas316
{quote} Does this daily FVG act as resistance? or I need to see from different perspective {image}
You can see an OB there, and above that a fvg, fvg are to be filled and obs are to be taken. In bullish scenario fvg left behind may act as support once the buy side target is swept, then the ones act as support will be filled too.

Others are welcome to have a different perspective or to add on.

Edit: please also note the fvg already has acted as resistance earlier in bearish scenario.

Regards
Bilal
"Exchange of hands"
  • #710,563
  • Nov 30, 2022 10:58pm Nov 30, 2022 10:58pm
earlier short trades busted.

Now selling from 2113 to 2130.

stop 2140

s1 = 2128/30
Intraday only.
  • #710,564
  • Nov 30, 2022 11:03pm Nov 30, 2022 11:03pm
So the forecasters were off by almost a factor of 5 with the HPI.
  • #710,565
  • Nov 30, 2022 11:12pm Nov 30, 2022 11:12pm
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  • #710,566
  • Nov 30, 2022 11:16pm Nov 30, 2022 11:16pm
Are we in for another quiet London session until NY again? This pattern seems to be going on for quite a while now.
  • #710,567
  • Nov 30, 2022 11:18pm Nov 30, 2022 11:18pm
.
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  • #710,568
  • Nov 30, 2022 11:19pm Nov 30, 2022 11:19pm
Quoting MrFanciful
Are we in for another quiet London session until NY again? This pattern seems to be going on for quite a while now.
Perhaps. It makes it very hard for me to make pips as I can only trade a few hours of London session. But is ok because a while ago London was sending lots of pips to us, now is NY turn. Everyone has their turn and we can survive if we don't try to force the market to give us pips.
I am neither brave nor stupid...I am just a part time trader
  • #710,569
  • Nov 30, 2022 11:20pm Nov 30, 2022 11:20pm
Cable
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!! Radha Radha !!
  • #710,570
  • Nov 30, 2022 11:21pm Nov 30, 2022 11:21pm
the quietest session ever
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  • #710,571
  • Nov 30, 2022 11:26pm Nov 30, 2022 11:26pm
Quoting Indiara
{quote} Perhaps. It makes it very hard for me to make pips as I can only trade a few hours of London session. But is ok because a while ago London was sending lots of pips to us, now is NY turn. Everyone has their turn and we can survive if we don't try to force the market to give us pips.
If only it was predictable eh?
  • #710,572
  • Nov 30, 2022 11:26pm Nov 30, 2022 11:26pm
Quoting Indiara
{quote} Perhaps. It makes it very hard for me to make pips as I can only trade a few hours of London session. But is ok because a while ago London was sending lots of pips to us, now is NY turn. Everyone has their turn and we can survive if we don't try to force the market to give us pips.

it does feel a bit sluggish today Frankfurt hasn’t moved anytime maybe London will continue the upward move before NY brings it down a bit. Either way I have trades into the red looking for next drop to either break even and close or to make minimal profit (30 pips) before swinging to long
Insane in the Brain..
  • #710,573
  • Nov 30, 2022 11:28pm Nov 30, 2022 11:28pm
Quoting PatienceFx
the quietest session ever {image}
booked all
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  • #710,574
  • Nov 30, 2022 11:29pm Nov 30, 2022 11:29pm
You would think that, given the housing market is one of the most important aspect of our economy in the UK, and so much of what the government does is to keep the housing market propped up, that the House Price Index number coming in almost 5x lower than forecast would have caused a bigger reaction.

I know FF has it as yellow, but this market is one of the most important in the UK.
  • #710,575
  • Nov 30, 2022 11:32pm Nov 30, 2022 11:32pm
Quoting BeeTogether
{quote} it does feel a bit sluggish today Frankfurt hasn’t moved anytime maybe London will continue the upward move before NY brings it down a bit. Either way I have trades into the red looking for next drop to either break even and close or to make minimal profit (30 pips) before swinging to long
Is hard today because GU and UJ are moving in the direction that I would like to trade, but there is no entry possible just now. If USDX can go up and close the gap, perhaps that will re-set UJ and GU for trading. I hope you can recover your trades and get back to making profits
I am neither brave nor stupid...I am just a part time trader
  • #710,576
  • Nov 30, 2022 11:35pm Nov 30, 2022 11:35pm
Quoting Fardeen1209
{quote} Ohh yeah.. she choose the right industry. As said "it is hard to make money with your passion unless your passion is money" I always have a passion for stock market since I first watched Batman: The Dark knight rises, where Bane(the villain) hacked the wall street or something, but i took my first trade in XRP in 2019 (at 19years old) from which i used the USDT received from BTC mining and long in futures option using 300X leverage. Back then i dont know what i was doing, but all ik is I made 2 months' salary proposed by local company from...
Now you are just making me feel old!
  • #710,577
  • Nov 30, 2022 11:39pm Nov 30, 2022 11:39pm
Current Rate : 1.20906

Short GBPUSD:1.20918
S/L:1.21164
Objective:1.18035

-Bella's Blue
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Goddess of Thunder..
  • #710,578
  • Nov 30, 2022 11:40pm Nov 30, 2022 11:40pm
another deposite bite the dust
fuck you mister mf Powell
lost all the profit and the last initial deposite
i am short
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yes yes yes
  • #710,579
  • Nov 30, 2022 11:40pm Nov 30, 2022 11:40pm
Although cable is currently retracing trend direction looks more likely to be long at this stage
  • #710,580
  • Nov 30, 2022 11:40pm Nov 30, 2022 11:40pm
Quoting Fardeen1209
{quote} As said "it is hard to make money with your passion unless your passion is money"
Dang!

Bella is like Moty and Indiara, okay to make mistakes, even in public. Room to grow...

Well-grounded people. Their parents must have been the same.

The best thing about Bella and Indiara, they
PLAN THE TRADE
AND TRADE THE PLAN
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