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Cable Update (GBPUSD)

  • #714,361
  • Dec 14, 2022 10:48am Dec 14, 2022 10:48am
Quoting Moty
nice strategy go long every blue signal take profit every red signal like a fucking robot {image}you can take only 2 trade at higher tf {image}
Nice MA indicator, mind to share it? Thanks
This is not investment/trading advise. Will not hold accountable for loss
  • #714,362
  • Dec 14, 2022 10:49am Dec 14, 2022 10:49am
took risky short
pure price action trading
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yes yes yes
  • #714,363
  • Dec 14, 2022 10:53am Dec 14, 2022 10:53am
Quoting Moty
took risky short pure price action trading {image}
I’d be tempted to short from the higher arrow you’ve got there 12450 area.
Insane in the Brain..
  • #714,364
  • Dec 14, 2022 10:57am Dec 14, 2022 10:57am
Quoting Moty
took risky short pure price action trading {image}
Pretty sure the rule of thumb to be successful is that you trade in the direction of the trend.
The cycles are getting smaller which will hurt this strategy!
  • #714,365
  • Dec 14, 2022 11:01am Dec 14, 2022 11:01am
Quoting AlfieSolomon
It will definately raid yesterday's high created
Soo easy to predict
  • #714,366
  • Dec 14, 2022 11:03am Dec 14, 2022 11:03am
Quoting dantpm
{quote} Pretty sure the rule of thumb to be successful is that you trade in the direction of the trend. The cycles are getting smaller which will hurt this strategy!
nailed it
i can't lose this trade
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yes yes yes
  • #714,367
  • Dec 14, 2022 11:05am Dec 14, 2022 11:05am
60+ pips as of now. 40 secured.
be a thinker before being a reacter
  • #714,368
  • Dec 14, 2022 11:07am Dec 14, 2022 11:07am
Quoting Moty
took risky short pure price action trading {image}
that isn't pure price action friend. remove the indicators and you will remove your blinders
be a thinker before being a reacter
  • #714,369
  • Dec 14, 2022 11:07am Dec 14, 2022 11:07am
Price will keep going up… until 1.27 resistance. although there will be pull backs… 1.22263 is the Support
My telegram: https://t.me/avidforex
  • #714,370
  • Dec 14, 2022 11:09am Dec 14, 2022 11:09am
Quoting Wavegarrick
{quote} I see lots of calls with Gu making a double top on daily, 4 hr, 1 hr t/frame and so forth reaching for new yearly lows, parity and so forth. It simply does not work like that Folks, at least at this time of the year. Swings take weeks if not months to materialize. 1.27496 already on my Radar. I sit back now and wait for the market to show its hand. Cheers. {image}
We shall see with the upcoming news Folks. Techs vs fundamentals. With current momentum I can see my 61.8% Fib retrace at 1.27496 on the horizon.
Trade safe.
Cheers.
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Trade to trade another day
  • #714,371
  • Dec 14, 2022 11:09am Dec 14, 2022 11:09am
Quoting cribbing
New to the game, I see gbp/usd has been on a continuous rise but I'm unclear whether the fomc meeting will cause price to fall. Just trying to remove some risk , got a small amount to trade with.
Then you should not trade Big News Like FOMC it may cause huge movement specially Powell, am not Concerned about the Interest rate that is mostly priced in,
what they say and how they say could effect the market.
and it could be very difficult to trade because in these moments 100pips up and then suddenly down or Vice Versa is Very much Possible.
Don't compare your Trades with Others
  • #714,372
  • Dec 14, 2022 11:14am Dec 14, 2022 11:14am
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1.27
My telegram: https://t.me/avidforex
  • #714,373
  • Dec 14, 2022 11:29am Dec 14, 2022 11:29am
Quoting boodvah
{quote} that isn't pure price action friend. remove the indicators and you will remove your blinders
this is pure pa
they can't fool me ,i am on them
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yes yes yes
  • #714,374
  • Dec 14, 2022 11:32am Dec 14, 2022 11:32am
Just my Rookie view
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Conference will take GU up
More time in the market, does not mean you trade better!
  • #714,375
  • Dec 14, 2022 11:36am Dec 14, 2022 11:36am
Quoting georginson
currently 6 consecutive days of buying but the candle sizes are getting smaller... Yesterday cpi came out bad for usd yet price only did 180 pips bullish move and gave back 80 pips from that high of 1.2443, compared to the previous cpi news that came out negative for usd in november 10 which produced extra ordinary 380 pips move in a single day... Weekly also showing exhaustion signs as last week's range being 243 pips is the lowest weekly range since august... These are all bullish exhaustion signs... I'm expecting 400 pips correction before another...

holiday bro


the trend wont change until next year too risky to trade now
MY OPINION NOT FINANCIAL ADVISE
  • #714,376
  • Dec 14, 2022 11:36am Dec 14, 2022 11:36am
Quoting Fardeen1209
Just my Rookie view {image}Conference will take GU up
.. unless to many retail traders believe as you do and the MM's decide to take it down! ...
  • #714,377
  • Dec 14, 2022 11:39am Dec 14, 2022 11:39am
Quoting dantpm
{quote} .. unless to many retail traders believe as you do and the MM's decide to take it down! ...
Possibly, I believe trading is 50/50 at first no matter how good the setup is.
More time in the market, does not mean you trade better!
  • #714,378
  • Dec 14, 2022 11:40am Dec 14, 2022 11:40am
Gold is refusing to break the resistance and it a very weak resistance. Gold breaks with force. Anticipating
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My telegram: https://t.me/avidforex
  • #714,379
  • Dec 14, 2022 11:49am Dec 14, 2022 11:49am
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MY GRID. Markets are NOT random.
  • #714,380
  • Dec 14, 2022 11:51am Dec 14, 2022 11:51am
IG Markets is still reporting 58% or their traders EU/GU are short and 65% are long USDX. Fuel for MM's to long instead of short.
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