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Cable Update (GBPUSD)

  • #712,881
  • Dec 9, 2022 4:10am Dec 9, 2022 4:10am
Quoting mysterio
{quote} No, just above asia high then sell IF we get there
stop and TP placed.
Let's see which hits first

selling above asia high would be the dream scenario
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  • #712,882
  • Dec 9, 2022 4:13am Dec 9, 2022 4:13am
Quoting Viimos
Last wave of the correction Bullish, than bearish {image}
Interesting view.
  • #712,883
  • Edited 4:27am Dec 9, 2022 4:17am | Edited 4:27am
Quoting mysterio
{quote} stop and TP placed. Let's see which hits first selling above asia high would be the dream scenario {image}
Isn't putting up a stop loss now after having the trade bare to start just asking for trouble?

(EDIT) Price appears to have made a bee line for your stop loss
  • #712,884
  • Dec 9, 2022 4:17am Dec 9, 2022 4:17am
A slow ranging morning again. Fireworks in 3 hours I suppose
Insane in the Brain..
  • #712,885
  • Dec 9, 2022 4:18am Dec 9, 2022 4:18am
Quoting mysterio
{quote} stop and TP placed. Let's see which hits first selling above asia high would be the dream scenario {image}
Exact tp for my longs as well 1.22800 but i’ll take anything above or close to 1.22680…
Extreme gut feeling trader
  • #712,886
  • Dec 9, 2022 4:26am Dec 9, 2022 4:26am
Anyway I like to eat on Spikes

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Closed all Buy

I am still looking for 100 pips in my pocket
Shekh In Desert
  • #712,887
  • Dec 9, 2022 4:26am Dec 9, 2022 4:26am
Quoting Whale
short term {image}
GU

Copy your signal Bro.

Thanks
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #712,888
  • Dec 9, 2022 4:31am Dec 9, 2022 4:31am
1.21829 might hold price a bit before NY session.
  • #712,889
  • Dec 9, 2022 4:33am Dec 9, 2022 4:33am
Quoting pipcenturion
1.21829 might hold price a bit before NY session.
Thanks for the info Bro...

I'm looking at 1,21750 for target of Liquid.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #712,890
  • Dec 9, 2022 4:36am Dec 9, 2022 4:36am
Quoting Pat Chiko
{quote} GU Copy your signal Bro. Thanks{image}
me three
short 2247
TP 2201 ( 45 pips or 1430 candle whichever comes first)
SL any candle that closes above EMA10
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  • #712,891
  • Dec 9, 2022 4:38am Dec 9, 2022 4:38am
...a prev minor 30min sw lo zone provides the supply = prev supp = pot sbr.... Intraday still just bullish but tight so far, 1hr/4hr more bullish than bearish re trend overall right now.

1hr below
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Trader with an Edge.
  • #712,892
  • Dec 9, 2022 4:40am Dec 9, 2022 4:40am
Looking to short too but will look for slightly higher the 12260-80 area
Insane in the Brain..
  • #712,893
  • Dec 9, 2022 4:42am Dec 9, 2022 4:42am
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yes yes yes
  • #712,894
  • Dec 9, 2022 4:46am Dec 9, 2022 4:46am
Quoting mysterio
{quote} I'm getting to CBA with this time Been up since 4 am, and this isn't the most convincing rise in the world
The whole week to me hasn't been convincing at all

We'll know soon
COT: The precious data ignored
  • #712,895
  • Dec 9, 2022 4:47am Dec 9, 2022 4:47am
Quoting Trig
Should be a quick fifty on the way up?
quick fifty became a slow 223 pips but thats the game played.
  • #712,896
  • Dec 9, 2022 4:50am Dec 9, 2022 4:50am
Quoting MrFanciful
{quote} 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?
1) At lower tf, MACD keeps crossing 0 line
2) Price keeps weaving in and out of certain EMA, like Ema 50 and Ema 100, and are usually flat-ish
3) Use stoc to scalp, it'll keep going from OB to OS
4) London session has high rate of ranging market before settling down
5) Range usually happens after a huge move.

That's all I know.
Exhausted
  • #712,897
  • Dec 9, 2022 4:52am Dec 9, 2022 4:52am
Vry funny GU, very funny.
So we go back to daily opening then push it up again?
Exhausted
  • #712,898
  • Dec 9, 2022 4:59am Dec 9, 2022 4:59am
Quoting Pat Chiko
{quote} Thanks for the info Bro... I'm looking at 1,21750 for target of Liquid.
I am expecting 1.2009 as the level to exit all sell positions.
  • #712,899
  • Dec 9, 2022 5:00am Dec 9, 2022 5:00am
Quoting Elysion
Vry funny GU, very funny. So we go back to daily opening then push it up again?
MM just baiting people to get into the market so they can reverse it.
  • #712,900
  • Dec 9, 2022 5:00am Dec 9, 2022 5:00am
While waiting for setup to pan out

Instrumental

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"Exchange of hands"
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