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Cable Update (GBPUSD)

  • #711,581
  • Dec 6, 2022 1:23am Dec 6, 2022 1:23am
Quoting Indiara
{quote} I went to protect my UJ trade very early because I don't trust Uncle Frankie too much!! {image}
Nice trade

I have target for UJ 137.573

Entry from 136.880

May or may not hit

It seems at top and RSI [with a lower no] is making lower Highs on H4 while price is still climbing

Reversal maybe on cards soon

Attached Image
Shekh In Desert
  • #711,582
  • Dec 6, 2022 1:23am Dec 6, 2022 1:23am
I hope GJ reach my tp level
Attached Image
  • #711,583
  • Dec 6, 2022 1:24am Dec 6, 2022 1:24am
Quoting Robinhood1
Spike up pls GJ
closed several positions long averaging +200 pips since 1st dic.
POSTMASTER
  • #711,584
  • Dec 6, 2022 1:25am Dec 6, 2022 1:25am
Quoting Robinhood1
{quote} closed several positions long averaging +200 pips since 1st dic.
Started to open shorts now and holding until i oficially declare GJ long
POSTMASTER
  • #711,585
  • Dec 6, 2022 1:28am Dec 6, 2022 1:28am
Gbpjpy short at 167.600
  • #711,586
  • Dec 6, 2022 1:35am Dec 6, 2022 1:35am
Gold short at 1771
  • #711,587
  • Dec 6, 2022 1:39am Dec 6, 2022 1:39am
Quoting Robinhood1
{quote} Started to open shorts now and holding until i oficially declare GJ long
TP lies at 164.67 but this figure will increase over the days
POSTMASTER
  • #711,588
  • Dec 6, 2022 1:41am Dec 6, 2022 1:41am
Quoting Romero666706
I hope GJ reach my tp level {image}
May or may not hit

Its too faraway

EJ is up too but nearing heavy Resistance

If it tumbles GJ could tumble harder I believe

Moving Forward Lets See
Shekh In Desert
  • #711,589
  • Dec 6, 2022 1:42am Dec 6, 2022 1:42am
i am pretty sure it will go down after some retracement
my deposite is in
i waiting for my signal
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 18 KB
Click to Enlarge Name: gu2.png Size: 25 KB
yes yes yes
  • #711,590
  • Dec 6, 2022 1:54am Dec 6, 2022 1:54am
Quoting Pat Chiko
{quote} Hi I don't understand your question. As I'm a visual person please provide me, your own chart marking those level you're talking about. GU Here's my take on GU moving towards LO. All marked up level on the chart.{image}
My question was about exiting the buy trades. What did you see for the exit as asian session broke the high and came back in. London could have follow but instead it reversed.
  • #711,591
  • Dec 6, 2022 1:58am Dec 6, 2022 1:58am
Quoting Moty
this is amazing how i am so good with small equity , and so bad with large one maybe it because that i have small room to be wrong 110 pips profit from the start of the week i doubled my 10 $ equity that was left from my last deposite the deposite is coming {image}
Overconfidence. Maybe should trade day on & off.
POSTMASTER
  • #711,592
  • Dec 6, 2022 1:58am Dec 6, 2022 1:58am
Quoting Moty
i am pretty sure it will go down after some retracement my deposite is in i waiting for my signal {image} {image}
possible shorting area from 12235-12250 for me. 12250 was the last of the psychological area areas to break for us to see below 122 as 122 itself didn’t hold.
Insane in the Brain..
  • #711,593
  • Dec 6, 2022 2:05am Dec 6, 2022 2:05am
Closed my gold short and am long
  • #711,594
  • Dec 6, 2022 2:07am Dec 6, 2022 2:07am
I have a Buy on GU, target is the Daily Pivot. The high of Tokyo has to be broken first, and USDX drop will hit a wall at 105.00 so this trade may struggle. Like UJ trade, I will protect early

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 109 KB
I am neither brave nor stupid...I am just a part time trader
  • #711,595
  • Dec 6, 2022 2:08am Dec 6, 2022 2:08am
Quoting shakmoney
{quote} Bulls are done
Yeah, I meant at F and L Open.. some retracement for last Day's Candle, but overall Bears should continue what they started.
London is doing it's job now, getting rid of Sellers.. (in my opinion).
  • #711,596
  • Dec 6, 2022 2:17am Dec 6, 2022 2:17am
Quoting Indiara
I have a Buy on GU, target is the Daily Pivot. The high of Tokyo has to be broken first, and USDX drop will hit a wall at 105.00 so this trade may struggle. Like UJ trade, I will protect early {image}
Now the test will be to break the Tokyo high, or else the trade might crash. So I protected the trade

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 74 KB
I am neither brave nor stupid...I am just a part time trader
  • #711,597
  • Dec 6, 2022 2:26am Dec 6, 2022 2:26am
you shell not pass the 200 ema band
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 37 KB
yes yes yes
  • #711,598
  • Dec 6, 2022 2:27am Dec 6, 2022 2:27am
Last go at gold. Closed long and taken new shorts
  • #711,599
  • Dec 6, 2022 2:28am Dec 6, 2022 2:28am
Gold and Gbpusd trend remains short currently.
  • #711,600
  • Dec 6, 2022 2:29am Dec 6, 2022 2:29am
Quoting Indiara
{quote} Now the test will be to break the Tokyo high, or else the trade might crash. So I protected the trade {image}
Eeeek.....SL got eaten again!! It's ok though, market is not trending yet so best to be safe with no loss and no win

M5 chart again so you can see better

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 27 KB
I am neither brave nor stupid...I am just a part time trader
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