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Cable Update (GBPUSD)

  • #714,281
  • Dec 14, 2022 7:27am Dec 14, 2022 7:27am
OK BEARS... I am Serious ... need to work together.


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Goddess of Thunder..
  • #714,282
  • Dec 14, 2022 7:31am Dec 14, 2022 7:31am
Quoting Fawad12
{quote} Bella whats your plan for FOMC - do you consider news while in your trading plans?
Hello,

I trade time and price . I don't look at news. 'Bella's Blue' doesn't consider economic events

-bella
Goddess of Thunder..
  • #714,283
  • Dec 14, 2022 7:33am Dec 14, 2022 7:33am
Quoting Pat Chiko
{quote} The SL area is Liquidity zone that buyer are eyeing.
Something like this.....in visual form. ( Posted this set up in other thread)
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They are looking for LQ to prapre for FOMC.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #714,284
  • Dec 14, 2022 7:36am Dec 14, 2022 7:36am
Quoting ToSatisfy
{quote} How you do all Enjoying the winter months is good because in Desert its short I am in with Buys from the levels I couldnt post early But I have closed the previous sells with some profit from 1.22700 around Target Initial 1.24180 but I am sure its going to make a run up to 1.25259 once it clears the over head Once I am done with 1.24180 I will reenter Buy Targetting + 70 pips If day goes smooth I am done {image} Timeframe H1 Two times TP has missed Two time TP I want Lets See further

Winter months

So now an update

I am in with Sells. I should have been in at 1.23740 but I missed it as I was busy
So previous Buys closed at screenshot below

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1.24180 was not taken out ... It could be off at fomc but I am ready to gather that drawdown if it did

Its part of my plan



Nice Smiley
Shekh In Desert
  • #714,285
  • Dec 14, 2022 7:37am Dec 14, 2022 7:37am
Quoting Pat Chiko
{quote} Something like this.....in visual form. ( Posted this set up in other thread) {image} They are looking for LQ to prapre for FOMC.
You think that Powell won't be as hawkish or is this strategy for when rate hike takes place, but then will exit the trade before Powell starts to speak?

Thanks Pat! You're killing it buddy!
  • #714,286
  • Dec 14, 2022 7:39am Dec 14, 2022 7:39am
Quoting Bella.al
OK BEARS... I am Serious ... need to work together. {image}
I am with you always ... no need to work together
Shekh In Desert
  • #714,287
  • Dec 14, 2022 7:41am Dec 14, 2022 7:41am
We still don't have any major client sentiment shift..

There is some shift on USD/JPY though.. more Buyers.
  • #714,288
  • Dec 14, 2022 7:42am Dec 14, 2022 7:42am
Quoting TheWolf
{quote} You think that Powell won't be as hawkish or is this strategy for when rate hike takes place, but then will exit the trade before Powell starts to speak? Thanks Pat! You're killing it buddy!
Pretty sure Pat is suggesting that the price will rise after a brief pull back, suggesting that he expects consistency from Powell
  • #714,289
  • Dec 14, 2022 7:46am Dec 14, 2022 7:46am
Quoting dantpm
{quote} Pretty sure Pat is suggesting that the price will rise after a brief pull back, suggesting that he expects consistency from Powell
Ohh.. okay! Thanks for reply!
  • #714,290
  • Dec 14, 2022 7:50am Dec 14, 2022 7:50am
Quoting bilal1947
GU has tapped the weekly fvg mid level. {image}
one more push up to 1.2400
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"Exchange of hands"
  • #714,291
  • Dec 14, 2022 7:56am Dec 14, 2022 7:56am
Quoting Pat Chiko
{quote} Something like this.....in visual form. ( Posted this set up in other thread) {image} They are looking for LQ to prapre for FOMC.
hello
what are these . can u explain?
thanks
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  • #714,292
  • Dec 14, 2022 7:58am Dec 14, 2022 7:58am
Quoting bilal1947
{quote} one more push up to 1.2400 {image}
,

According to my interpretation of the chart, if it goes to 1.2400 once more, it won't stop until 1.24800.

Kind regards,
C.
  • #714,293
  • Dec 14, 2022 8:01am Dec 14, 2022 8:01am
It's okay not to trade and wait for your setup, no need to rush.

BE if your afraid, stick to SL if you're already dead inside.

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The market hides a perfect geometry.
  • #714,294
  • Dec 14, 2022 8:05am Dec 14, 2022 8:05am
Quoting Georginson
Quick poll for today's possible destination post US CPI News... 1.2400 or 1.2100 today? Poll ends 13:00 UK time.
Can we get a quick poll for today's news?

Kind regards,
C.
  • #714,295
  • Dec 14, 2022 8:05am Dec 14, 2022 8:05am
Descending Wave 4 is between $130 and $133. So we need to touch this range sooner or later.
  • #714,296
  • Dec 14, 2022 8:05am Dec 14, 2022 8:05am
Quoting FulMargnAlch
It's okay not to trade and wait for your setup, no need to rush. BE if your afraid, stick to SL if you're already dead inside. {image}
Most of my losses have been from chasing trades that didn't meet my criteria for entering the trade in the first place .
One of these days I am going to get smarter and follow your lead!
  • #714,297
  • Dec 14, 2022 8:10am Dec 14, 2022 8:10am
Quoting dantpm
{quote} Most of my losses have been from chasing trades that didn't meet my criteria for entering the trade in the first place . One of these days I am going to get smarter and follow your lead!
We got a dangerous situation here because of the news.
The market hides a perfect geometry.
  • #714,298
  • Dec 14, 2022 8:13am Dec 14, 2022 8:13am
Quoting FulMargnAlch
{quote} We got a dangerous situation here because of the news.
You are right We do

All Bears Do Currently Hahaaaa
Shekh In Desert
  • #714,299
  • Dec 14, 2022 8:13am Dec 14, 2022 8:13am
Quoting dantpm
{quote} Most of my losses have been from chasing trades that didn't meet my criteria for entering the trade in the first place . One of these days I am going to get smarter and follow your lead!
If even the setup was wrong. No one to blame. Just improve and move on for the next trade.
The market hides a perfect geometry.
  • #714,300
  • Dec 14, 2022 8:14am Dec 14, 2022 8:14am
Quoting FulMargnAlch
{quote} We got a dangerous situation here because of the news.
In this case I don't believe it will be the news that causes the dangerous situation it will be the MM reaction to the news!
I believe that this description applies to most news releases which is why I tend to stay out of the market for news releases!
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