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Cable Update (GBPUSD)

  • #710,561
  • Dec 1, 2022 12:54am Dec 1, 2022 12:54am
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
  • Dec 1, 2022 12:56am Dec 1, 2022 12:56am
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
  • Dec 1, 2022 12:58am Dec 1, 2022 12:58am
earlier short trades busted.

Now selling from 2113 to 2130.

stop 2140

s1 = 2128/30
Intraday only.
  • #710,564
  • Dec 1, 2022 1:03am Dec 1, 2022 1:03am
So the forecasters were off by almost a factor of 5 with the HPI.
  • #710,565
  • Dec 1, 2022 1:12am Dec 1, 2022 1:12am
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  • #710,566
  • Dec 1, 2022 1:16am Dec 1, 2022 1:16am
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
  • Dec 1, 2022 1:18am Dec 1, 2022 1:18am
.
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  • #710,568
  • Dec 1, 2022 1:19am Dec 1, 2022 1:19am
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
  • Dec 1, 2022 1:20am Dec 1, 2022 1:20am
Cable
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!! Radha Radha !!
  • #710,570
  • Dec 1, 2022 1:21am Dec 1, 2022 1:21am
the quietest session ever
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  • #710,571
  • Dec 1, 2022 1:26am Dec 1, 2022 1:26am
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
  • Dec 1, 2022 1:26am Dec 1, 2022 1:26am
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
  • Dec 1, 2022 1:28am Dec 1, 2022 1:28am
Quoting PatienceFx
the quietest session ever {image}
booked all
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  • #710,574
  • Dec 1, 2022 1:29am Dec 1, 2022 1:29am
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
  • Dec 1, 2022 1:32am Dec 1, 2022 1:32am
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
  • Dec 1, 2022 1:35am Dec 1, 2022 1:35am
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
  • Dec 1, 2022 1:39am Dec 1, 2022 1:39am
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
  • Dec 1, 2022 1:40am Dec 1, 2022 1:40am
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
  • Dec 1, 2022 1:40am Dec 1, 2022 1:40am
Although cable is currently retracing trend direction looks more likely to be long at this stage
  • #710,580
  • Dec 1, 2022 1:40am Dec 1, 2022 1:40am
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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