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Cable Update (GBPUSD)

  • #712,281
  • Dec 7, 2022 1:06pm Dec 7, 2022 1:06pm
Quoting Georginson
{quote} A rigid bias is recipe for disaster in forex trading... I pay attention to closing prices, time of the week, month and year. Forex is a very dynamic profession which is also a fierce battle of bulls and bears around the world... One breaking News can happen and change the whole market structure... We have seen 4 consecutive weeks of buying with little retracement here and there for momentum gathering, I won't make the mistake of rigidity.
Excellent points! I second all that except for one difference: I pay attention to opening prices
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #712,282
  • Dec 7, 2022 1:07pm Dec 7, 2022 1:07pm
Scalping short
Took 40 $ on the long Aussie
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yes yes yes
  • #712,283
  • Dec 7, 2022 1:07pm Dec 7, 2022 1:07pm
Quoting shakmoney
{quote} I like your views but you keep changing them constantly, I still see below 1.19 marker markers are messaging things up because of December
agree.
First we need to break this week low.. and stay there.
  • #712,284
  • Dec 7, 2022 1:07pm Dec 7, 2022 1:07pm
Currently short Gbpusd tp 1.21600
Gold short tp 1773
  • #712,285
  • Dec 7, 2022 1:10pm Dec 7, 2022 1:10pm
Quoting Bella.al
{quote} Current Rate : 1.22299 I am +37 Pips as i write this , Finally i have decided to adjust Trailing for this order S/L is adjusted = 1.21966 ( Locked +4 Pips ) .. Looking for same 'Bella's Objective 1= 1.22645' for a price touch. -Bella's Blue {image}
Current Rate : 1.22087

Some time back i have executed 'Bella's 0.37 Trailing' .. running profit is +16 pips as i write this... I'll let the market breath and check back in 4 hours.

-bella
Goddess of Thunder..
  • #712,286
  • Dec 7, 2022 1:11pm Dec 7, 2022 1:11pm
Quoting mtako
Selling time top of 1H range sideways setup ! sold here 2215 cheers all !
Quoting Whale
I just sold it. @ 1.2215 1st Target 1.2 2nd "" 1.185 3rd "" 1.161
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #712,287
  • Dec 7, 2022 1:12pm Dec 7, 2022 1:12pm
Quoting Georginson
{quote} A rigid bias is recipe for disaster in forex trading... I pay attention to closing prices, time of the week, month and year. Forex is a very dynamic profession which is also a fierce battle of bulls and bears around the world... One breaking News can happen and change the whole market structure... We have seen 4 consecutive weeks of buying with little retracement here and there for momentum gathering, I won't make the mistake of rigidity.
We will be bipolar when dealing with people and everything related even if it is politically incorrect and we will be more temperate to know when sunrise and sunset.
POSTMASTER
  • #712,288
  • Dec 7, 2022 1:21pm Dec 7, 2022 1:21pm
Short 12216 SL 12240 open TP
Insane in the Brain..
  • #712,289
  • Dec 7, 2022 1:54pm Dec 7, 2022 1:54pm
Quoting mysterio
{quote} This is cool. I always take note of Coreg's posts. I think he's the only probationer of Elliot wave and Fibonacci combined that's made it work for trading intraday I think a lot of the trading methods out there work if you practice them enough and make them work for you. They all have flaws, none of them work perfectly, you just have to practice them for years to make them work for you profitably.
mysterio, same view here. Miner simplified EW principles so that you can apply the rules on the fly.
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Always trade your own plan...I don't provide trading signals.
  • #712,290
  • Dec 7, 2022 2:07pm Dec 7, 2022 2:07pm
Quoting mysterio
{quote} This is cool. I always take note of Coreg's posts. I think he's the only probationer of Elliot wave and Fibonacci combined that's made it work for trading intraday I think a lot of the trading methods out there work if you practice them enough and make them work for you. They all have flaws, none of them work perfectly, you just have to practice them for years to make them work for you profitably.
Can i have your discord group, pls
  • #712,291
  • Dec 7, 2022 2:10pm Dec 7, 2022 2:10pm
Price has got way too far into the future. It needs to get back to the .1980s again, the good old days !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #712,292
  • Dec 7, 2022 2:22pm Dec 7, 2022 2:22pm
Quoting kuroro001
R1 is 2226 Price went above, now below, fake breakup ? Could see 2205, if move below maybe back to DPP
2205 seen now, holding below is again for DPP (2177)...

But vol is gone, US equity going home, no point
COT: The precious data ignored
  • #712,293
  • Dec 7, 2022 2:38pm Dec 7, 2022 2:38pm
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Trendlines H1,H4, SMC
  • #712,294
  • Dec 7, 2022 3:34pm Dec 7, 2022 3:34pm
when it all comes together like asscheeks!!!
be a thinker before being a reacter
  • #712,295
  • Dec 7, 2022 5:15pm Dec 7, 2022 5:15pm
Quoting Bella.al
{quote} Current Rate : 1.22087 Some time back i have executed 'Bella's 0.37 Trailing' .. running profit is +16 pips as i write this... I'll let the market breath and check back in 4 hours. -bella
Trailing hit +4 Pips.
Goddess of Thunder..
  • #712,296
  • Dec 7, 2022 5:46pm Dec 7, 2022 5:46pm
Quoting Robinhood1
{quote} Thanks Jolita. Nice avatar I found what went wrong. Was waiting for a slope squaring as BTC did back then and GJ. Its not a must maybe. I know where the breakout is for future entries. UC is up to around 1.3900 filling a major high. Managed to close - 50 pips I advice not to share systems. Could be going into the hands of AI, sellers and who knows what. It was like someone knew my entry´s intention or maybe i am wrong, just in case. DR. Save your comments on this question {image}

Hi RH, thanks.
Yes, was a lovely sunset that evening in Devon.
I've touched up a bit.
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  • #712,297
  • Dec 7, 2022 5:55pm Dec 7, 2022 5:55pm
Quoting Robinhood1
{quote} Forgot to ask. What did you think about my GJ trades yesterday?
Good job on GJ trades. Well done!
I dont follow this pair and monthly willing to reach at least 18000.
While 4 h require to make lower low
16600 to complete 16450.

GL

GJ 4 h and monthly atm
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  • #712,298
  • Edited 6:21pm Dec 7, 2022 6:10pm | Edited 6:21pm
Strepsis A bacterial desease is thriving in the UK. 9 kids has died.
Simptoms similar to Scarlet fever.

I though I caught a bag, but took a few covid tests and all positive, yaaak! Having fever, chills and hot flushes so far. Is the pandemic coming back again.

Trying a sell at 12200 for around 50 pips, maybe..
  • #712,299
  • Dec 7, 2022 6:36pm Dec 7, 2022 6:36pm
Today may not be a Good day to Buy POUND be very careful guys,
from where i see it it may hit 1.2140 hopefully lower and
if i am Wrong 1.2270 is Target.
but looking at USD INDEX it seems USD may do Some Recovery Today.
i don't post chart i got Many Traders asking Why to be Honest my CHarts are Simple no Indicators Only Sentiment Algo.
that's all.
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Don't compare your Trades with Others
  • #712,300
  • Dec 7, 2022 6:38pm Dec 7, 2022 6:38pm
Quoting ToSatisfy
{quote} {quote} That target of 1.21190 was hit Anyway moving forward this is tricky time now but I have Buy trade There is a nice huge Bull Candle completed on H4 RSIs lower nod turned up from bottom Probably the momentum will stick this up further atleast 100 pips maybe {image}

Tables have turned it seems

I Am Inclined to Sell GBPUSD now

Taking small profit from buys at around 1.22160

Sell to Target 100 plus pips down

USDCAD Turning Up EURUSD Turning Down GBPUSD Turning down too it maybe a Lower High on that H4 despite the decptive Bullish Pinbar

Will post the trade later its night here
Shekh In Desert
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