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Cable Update (GBPUSD)

  • #712,821
  • Dec 9, 2022 1:23am Dec 9, 2022 1:23am
Quoting mysterio
{quote} now invalid. eyes peeled for buy below 52
buy limit placed at 1.2247
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  • #712,822
  • Dec 9, 2022 1:24am Dec 9, 2022 1:24am
Quoting mysterio
{quote} Whale Are you the Trader formerly known as Gateinio ?
Yes
  • #712,823
  • Dec 9, 2022 1:24am Dec 9, 2022 1:24am
A strong rejection of S1 there. Need a break above to a higher area to drop.
Insane in the Brain..
  • #712,824
  • Dec 9, 2022 1:28am Dec 9, 2022 1:28am
Quoting Whale
{quote} Yes
Ah, nice--how's it going? how's trading?
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  • #712,825
  • Dec 9, 2022 1:33am Dec 9, 2022 1:33am
Quoting ChotuFx
{quote} cable at significant resistance and ATR weak , a perfect recipe for traps retil will be hoping for a breakout and ......... {image}
I don't use any indicators, only Price action on multiple timeframes, Market structure, Support and resistance, Risk and money management, and lastly and most importantly, when I open a position I say "God Please help me and please make my TP hit. Amen"

But as you were saying, it could be true, now GU is rejecting at a very large Order block on 1hr tf, I am expecting that minor retrace so I can add some more longs at 1.223
or the fall could continue took my SL on my add-ons at 1.223, and SL hit below at positive pip
More time in the market, does not mean you trade better!
  • #712,826
  • Dec 9, 2022 1:40am Dec 9, 2022 1:40am
Quoting mysterio
{quote} Ah, nice--how's it going? how's trading? {image}
everything is Fabulous, even the winter that i hate is great with the world cup
  • #712,827
  • Dec 9, 2022 1:40am Dec 9, 2022 1:40am
Quoting Moty
new strategy no more wars no more little scalping took short at the cross , will close it at the opposite cross {image}
good luck with it.
  • #712,828
  • Dec 9, 2022 1:41am Dec 9, 2022 1:41am
Quoting Indiara
{quote} Hmmm....although this may not be a proper double bottom, USDX is at a level where it might find some support which could be a problem for GU. I'm not sure as this is a bit beyond my understanding as the Daily charts I don't use much {image}

Thanks! USDX seems like a scarey dude. Dont wanna look.


Testing, testing.
GU short 1.2265
TP 1.2220 (41 pips)
SL candle close above ema10

UJ long 136.07
TP 136.50 (42 pips)
SL candle close below ema 10

EDGY with LO. Will close BOTH whichever reaches goal first.
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  • #712,829
  • Dec 9, 2022 1:44am Dec 9, 2022 1:44am
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #712,830
  • Dec 9, 2022 1:44am Dec 9, 2022 1:44am
Quoting Whale
{quote} everything is Fabulous, even the winter that i hate is great with the world cup
Great to hear!
  • #712,831
  • Dec 9, 2022 1:45am Dec 9, 2022 1:45am
Here we go again. Up, down, up, down, up, down
  • #712,832
  • Dec 9, 2022 1:49am Dec 9, 2022 1:49am
guy's stay safe for today! It's friday and CPI news are coming soon.
  • #712,833
  • Dec 9, 2022 1:51am Dec 9, 2022 1:51am
Quoting Robinhood1
{quote} I still think we must close the gap. curious to see the outcome. {image}
looks like GJ could fill the gap 167.62
POSTMASTER
  • #712,834
  • Dec 9, 2022 1:52am Dec 9, 2022 1:52am
Quoting Robinhood1
{quote} looks like GJ could fill the gap 167.62
to travel below 166
Some blues. For our 2 guitar players at this thread
Inserted Video
POSTMASTER
  • #712,835
  • Dec 9, 2022 1:55am Dec 9, 2022 1:55am
not fooled
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  • #712,836
  • Dec 9, 2022 1:57am Dec 9, 2022 1:57am
As expected, a range and I got trapped in my own playground.
My best scalping zone.
Damn.
Exhausted
  • #712,837
  • Dec 9, 2022 1:59am Dec 9, 2022 1:59am
Quoting Moty
new strategy no more wars no more little scalping took short at the cross , will close it at the opposite cross {image}
a breath of fresh air, isn't it?

glad you are awake now. good morning


remember:
1. whatever your GOAL is , being CONSISTENT (in using a process) is the key to achieving success.
2. and you have to have a SMART GOAL

this a marathon. not a sprint.
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  • #712,838
  • Dec 9, 2022 2:03am Dec 9, 2022 2:03am
Quoting Elysion
As expected, a range and I got trapped in my own playground. My best scalping zone. Damn.
Try as I might, I have never found a reliable and consistent way of knowing when to expect a range or a trend. I have very good strategies for both scenarios, but the main reason for a lot of my losses is that I'm using the ranging strategy in a trending environment, and the trending strategy in a ranging environment.

Got any tips on how to expect one over the other?
  • #712,839
  • Dec 9, 2022 2:07am Dec 9, 2022 2:07am
It looks like GU is testing yesterday's high @1.22465. A possible long towards 1.23438 which is Dec 5th High on H1 Tf
  • #712,840
  • Dec 9, 2022 2:08am Dec 9, 2022 2:08am
Waiting for news to get a clear direction!!!
Don't trade what you think. Just what you see!!!
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