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Cable Update (GBPUSD)

  • #716,181
  • Dec 23, 2022 9:07am Dec 23, 2022 9:07am
Quoting BeeTogether
{quote} do you mean 12046?
typo, my bad, yup 1.2046
"Exchange of hands"
  • #716,182
  • Dec 23, 2022 9:11am Dec 23, 2022 9:11am
Quoting BeeTogether
{quote} do you mean 12046?
now shorted here with -9pip SL let see

Update: SL Busted
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"Exchange of hands"
  • #716,183
  • Dec 23, 2022 9:18am Dec 23, 2022 9:18am
Well, I think market mechanics are done, now the books will be closed, and the balance sheet will be adjusted by the BIG FISHES prior to the festive and the new year break, wise to stay aside as some sporadic moves can be expected. So friends, wish you all a safe and joyful break, and see you all the next year.
Success = Practice + Patience + Persistence
  • #716,184
  • Dec 23, 2022 9:24am Dec 23, 2022 9:24am
Special shoutout to Moty - You're a resilient man! good to see you making progress.
  • #716,185
  • Dec 23, 2022 9:27am Dec 23, 2022 9:27am
Last short try at 1.2063 -9pip SL

Update: SL hit again - i am not smart money
"Exchange of hands"
  • #716,186
  • Dec 23, 2022 9:28am Dec 23, 2022 9:28am
X-mas at Wavegarrick's house in the sweltering South African summer heat.. Merry Xmas and a happy new year.
Cheers.
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Trade to trade another day
  • #716,187
  • Dec 23, 2022 9:33am Dec 23, 2022 9:33am
sell - 1.2070

stop loss - 1.2090
Together we can be strongest
Vantage Return This Month: -97.0%
  • #716,188
  • Dec 23, 2022 9:33am Dec 23, 2022 9:33am
Quoting bilal1947
Last short try at 1.2063 -9pip SL
Picking the point that it will turn around on is difficult!
  • #716,189
  • Dec 23, 2022 9:36am Dec 23, 2022 9:36am
Quoting dantpm
{quote} Picking the point that it will turn around on is difficult!
Knowing that i can't short

- 1-Year Inflation: 4.4% (est 4.6%; prev 4.6%) -
-5-10 Year Inflation: 2.9% (est 3.0%; prev 3.0%)
COT: The precious data ignored
  • #716,190
  • Dec 23, 2022 9:36am Dec 23, 2022 9:36am
People : Left, right, centre...shorting the upswing.

If I am trading now ( Not trading though ) will only long.
Intraday only.
  • #716,191
  • Dec 23, 2022 9:44am Dec 23, 2022 9:44am
Stupit me
1.20000 was iron support
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yes yes yes
  • #716,192
  • Dec 23, 2022 9:50am Dec 23, 2022 9:50am
I wouldnt long until 1.2235 at least. I dont like fading moves haha. I wouldnt short until below 1.2023. Seems it may just range out. Who knows
  • #716,193
  • Dec 23, 2022 9:50am Dec 23, 2022 9:50am
Tendence bearish M30

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #716,194
  • Dec 23, 2022 9:52am Dec 23, 2022 9:52am
back to Square 1 - not book profit
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"Exchange of hands"
  • #716,195
  • Dec 23, 2022 9:52am Dec 23, 2022 9:52am
Quoting dantpm
{quote} Picking the point that it will turn around on is difficult!
the whole Daily candle turn green ! and now turning back red again

taking profit is essential.
"Exchange of hands"
  • #716,196
  • Dec 23, 2022 9:54am Dec 23, 2022 9:54am
Sold 1.2081 TP 1.1900
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #716,197
  • Dec 23, 2022 10:06am Dec 23, 2022 10:06am
Quoting dantpm
{quote} Picking the point that it will turn around on is difficult!
That is one reason why I use multiple TFs with LAGGING indicators, then follow AFTER the turn is confirmed.
To free Gazans of Hamas, use whatever it takes.
  • #716,198
  • Dec 23, 2022 10:07am Dec 23, 2022 10:07am
Quoting navk
People : Left, right, centre...shorting the upswing. If I am trading now ( Not trading though ) will only long.
Interesting. I made 4 trades today on GBPUSD, all profitable sells.
To free Gazans of Hamas, use whatever it takes.
  • #716,199
  • Dec 23, 2022 10:27am Dec 23, 2022 10:27am
Quoting DrDave
{quote}Interesting. I made 4 trades today on GBPUSD, all profitable sells.
well done.

However, people were chasing for short trades when price rising above today lows.

Technically, I would be buying from 2000 support, though there were pull backs
Intraday only.
  • #716,200
  • Dec 23, 2022 10:28am Dec 23, 2022 10:28am
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Happy Christmas everybody.best regards as ever E
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