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Cable Update (GBPUSD)

  • #714,301
  • Dec 14, 2022 8:16am Dec 14, 2022 8:16am
Quoting Bella.al
{quote} Short GBPUSD :1.23666 S/L :1.23911 T/P :1.20782 Bella's Resistance : 1.23866 -Bella's Blue {image}
Current Rate : 1.23615

Just a Quick info if any one else wants to know about trading style . It is Time and Price on M15 i don't look at Economic Events as i was asked before.

Bella's Resistance : 1.23866 ... is my all bearish line of defense for this trade .

-Bella's Blue
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Goddess of Thunder..
  • #714,302
  • Dec 14, 2022 8:16am Dec 14, 2022 8:16am
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!
I have suffered from this by always running after price. Now i wait price come to my level of interest and see if Breakout or Fakeout or failed to close beyond my level of interest, reduced my stress plus got me a decent entry level right at the liquidity pool. This way i maximized my Risk Reward. Months ago i used to buy on bullish engulfing formation. Now i bought on failed to breakout right before the engulfing pattern is formed.
More time in the market, does not mean you trade better!
  • #714,303
  • Dec 14, 2022 8:17am Dec 14, 2022 8:17am
Short in at 1.2361 first target two lots open 1.2355, will change target if (when) we get there!!
Don't trade what you think. Just what you see!!!
  • #714,304
  • Dec 14, 2022 8:19am Dec 14, 2022 8:19am
Quoting dantpm
{quote} 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!
The reason I wait for set-ups is because I can already calculate my loss, incase. And the loss is really small because you are at the edge.

And if we are lucky, the reward is too great. 1:3 to 1:4 or more.
The market hides a perfect geometry.
  • #714,305
  • Dec 14, 2022 8:26am Dec 14, 2022 8:26am
While script ON doing job BUY GU 1H chart when touch 50RSI
study of behavior and mind,conscious and unconscious
  • #714,306
  • Dec 14, 2022 8:28am Dec 14, 2022 8:28am
Any break of 1.2339 will be over for Bulls ( over for me anyways).
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
  • #714,307
  • Dec 14, 2022 8:37am Dec 14, 2022 8:37am
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yes yes yes
  • #714,308
  • Dec 14, 2022 8:37am Dec 14, 2022 8:37am
Quoting Phil_GMT
Any break of 1.2339 will be over for Bulls ( over for me anyways).
Its a tricky one. I dont want a very long Bull candle this time

Outlook is Bullish. Will be checking one last hour before news to flip or not

Lets see further
Shekh In Desert
  • #714,309
  • Dec 14, 2022 8:38am Dec 14, 2022 8:38am
Quoting Phil_GMT
Any break of 1.2339 will be over for Bulls ( over for me anyways).
Where do you see the top right now?
  • #714,310
  • Dec 14, 2022 8:40am Dec 14, 2022 8:40am
Quoting Moty
{image}
We need SpaceX fuel Moty!

C
  • #714,311
  • Dec 14, 2022 8:42am Dec 14, 2022 8:42am
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}
In our set-up we trust.

We have studied this, we have researched this, this is the culmination of who we are as a trader. Trust your set-up then adjust accordingly.

Correct, take note. Wrong, take note. What else is there to do.

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The market hides a perfect geometry.
  • #714,312
  • Dec 14, 2022 8:43am Dec 14, 2022 8:43am
Quoting Yngwie
Price play above 1.2330. Any SL should below that. Bulls ready to attack
Still valid
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #714,313
  • Dec 14, 2022 8:46am Dec 14, 2022 8:46am
USDX trend hr is up now
Attached Image (click to enlarge)
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  • #714,314
  • Dec 14, 2022 8:47am Dec 14, 2022 8:47am
Quoting Bella.al
{quote} Short GBPUSD :1.23666 S/L :1.23911 T/P :1.20782 Bella's Resistance : 1.23866 -Bella's Blue {image}
Sl is hit -24 Pips.
Goddess of Thunder..
  • #714,315
  • Dec 14, 2022 8:49am Dec 14, 2022 8:49am
Quoting Cfin
{quote} Can we get a quick poll for today's news? Kind regards, C.
That poll mate is the bar itself
Shekh In Desert
  • #714,316
  • Dec 14, 2022 8:54am Dec 14, 2022 8:54am
Quoting suhas316
Cable No trade for now... will wait for trend line breakout or will wait for breakout these levels 1.23 or 1.2150 {image}
Cable..
I was not online because of traveling .....
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!! Radha Radha !!
  • #714,317
  • Dec 14, 2022 8:59am Dec 14, 2022 8:59am
the market is doing GOBBLEDYGOOK in a 50 pips box since the ASIA open. Sitting a side can be a winning strategy.
Success = Practice + Patience + Persistence
  • #714,318
  • Dec 14, 2022 9:00am Dec 14, 2022 9:00am
eurusd hr is now down M&M
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  • #714,319
  • Dec 14, 2022 9:00am Dec 14, 2022 9:00am
Quoting Cfin
{quote} Can we get a quick poll for today's news? Kind regards, C.
Alright, I will oblige you...

Here is a quick poll before fomc... This News is not expected to provide more Volatility than Yesterday's CPI except if the Fed goes with 0.75 rate hike as against 0.50 that is forecasted. I'm expecting between 120 - 200 pips movement during and after fomc Tonight...

Which of these prices will happen

1.2500 or 1.2200 today?

Poll ends 19:00 UK time...
Data + Stat + Risk/Emotions Management
  • #714,320
  • Dec 14, 2022 9:04am Dec 14, 2022 9:04am
Quoting LvMMT
{quote} {image} https://www.youtube.com/watch?v=RzoO756PvL8 God bless everyone!

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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
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