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Cable Update (GBPUSD)

  • #712,941
  • Dec 9, 2022 6:09am Dec 9, 2022 6:09am
Quoting Indiara
{quote} TP reached, +23 for the account {image}
Good job
  • #712,942
  • Dec 9, 2022 6:10am Dec 9, 2022 6:10am
Quoting Moty
You shell not pass 1.22685 {image}
Nice try mf
Attached Image (click to enlarge)
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yes yes yes
  • #712,943
  • Dec 9, 2022 6:14am Dec 9, 2022 6:14am
Quoting Robinhood1
{quote} Coming down 3 digits searching for an absolute bottom
So will UC
POSTMASTER
  • #712,944
  • Dec 9, 2022 6:15am Dec 9, 2022 6:15am
Quoting shakmoney
{quote} Let’s save this and come back next week. It’ll not make new highs
maybe tonight...
“Do not lose hope, nor be sad.”
  • #712,945
  • Dec 9, 2022 6:17am Dec 9, 2022 6:17am
Quoting Romero666706
{quote} Good job
Thank you
I am neither brave nor stupid...I am just a part time trader
  • #712,946
  • Dec 9, 2022 6:21am Dec 9, 2022 6:21am
GBPUSD trade Idea.
No long talk, price above the red box is an exit call.

Take Care
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  • #712,947
  • Dec 9, 2022 6:22am Dec 9, 2022 6:22am
It is very obvious that the news is being awaited. Perhaps we may get 160 - 200 pips News induced spark. My bias is now bullish, even if it drops to 1.2100, I will buy it.
Data + Stat + Risk/Emotions Management
  • #712,948
  • Dec 9, 2022 6:23am Dec 9, 2022 6:23am
Quoting Pat Chiko
{quote} Have to adapt with Price Action. I'm just a follower of what price is telling me to do. From where I came from, the key is being able to change our mind and adapt very quickly indeed and to recognize the key levels. S&R level and S&D provide me with these.. but not all the time, markets can drift, but hopefully it works more than it doesn't . There's nothing to beat a nice trend, when the markets drift I think its best to stand aside and look elsewhere... (go for smoke) This thread is very timely as I think cable has made some...
yes, it is demand on lower time scale. but if i am correct you were bearish and sudenly you have turned into bullish. what has changed? was something on higher time frames?
  • #712,949
  • Dec 9, 2022 6:25am Dec 9, 2022 6:25am
Difficult today. More so than usual.
  • #712,950
  • Dec 9, 2022 6:27am Dec 9, 2022 6:27am
Quoting Yngwie
All long closed. waiting for the USD PPI news
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #712,951
  • Dec 9, 2022 6:27am Dec 9, 2022 6:27am
My money is on SL hunt above daily high then drop
  • #712,952
  • Dec 9, 2022 6:28am Dec 9, 2022 6:28am
Quoting Georginson
It is very obvious that the news is being awaited. Perhaps we may get 160 - 200 pips News induced spark. My bias is now bullish, even if it drops to 1.2100, I will buy it.
Given what the FED has been saying about moving to more gradual rates increases, the PPI numbers which are probably going to be relatively close to expectations, shouldn't have any effect. That said this is forex and these reports have caused wild swings for no apparent reason!
  • #712,953
  • Dec 9, 2022 6:28am Dec 9, 2022 6:28am
Quoting Indiara
{quote} Something that I did differently to last nights trade. Yesterday my TP was +32, and according to my analysis the price should have got there easily. But of course Mr Market does not care about my analysis! My daily target is 20 pips, and during the 3 hour trade yesterday, I had several chances to exit with as much as +27, but I didn't take it. I wanted +32. And I got +1. This is an example of greed. I try very hard to not fall into that trap, but sometimes it still catches me. So tonight I took +23 even though I don't see a problem...
thank god for transparent members
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #712,954
  • Dec 9, 2022 6:30am Dec 9, 2022 6:30am
Quoting AlfieSolomon
{quote} Can you explain why did you took that trade ,is that OB by the way
closed the position -10 pips but my bias now is only short.
"Exchange of hands"
  • #712,955
  • Dec 9, 2022 6:30am Dec 9, 2022 6:30am
Quoting MrFanciful
My money is on SL hunt above daily high then drop
How much higher than the daily high
  • #712,956
  • Dec 9, 2022 6:32am Dec 9, 2022 6:32am
I am not going to wait for the news. I'm tired so I want to have a shower and then to my bed. I only made 1/2 my weekly target this week, but last week I made 1 1/2 of my target, so it will average out. Hopefully the end of the month will like that too.

Anyway, I hope you NY traders make lots of pips and I hope that you have a great weekend and have lots of fun.

Indiara
I am neither brave nor stupid...I am just a part time trader
  • #712,957
  • Dec 9, 2022 6:33am Dec 9, 2022 6:33am
Target 1.23418, send it, pump it to moon.
SL 1.22440
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 58.1%
  • #712,958
  • Dec 9, 2022 6:33am Dec 9, 2022 6:33am
Will PPI give me 1.24? or going to crush me? any suggestions?
  • #712,959
  • Dec 9, 2022 6:36am Dec 9, 2022 6:36am
Quoting Moty
{quote} Nice try mf {image}
Unbelievable
The mf reached y's adr high
And regardless to the movement of everything else
yes yes yes
  • #712,960
  • Dec 9, 2022 6:37am Dec 9, 2022 6:37am
Quoting Indiara
I am not going to wait for the news. I'm tired so I want to have a shower and then to my bed. I only made 1/2 my weekly target this week, but last week I made 1 1/2 of my target, so it will average out. Hopefully the end of the month will like that too. Anyway, I hope you NY traders make lots of pips and I hope that you have a great weekend and have lots of fun. Indiara
stay safe! Get a rest and remember next week is only a few days away
Insane in the Brain..
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