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Cable Update (GBPUSD)

  • #717,581
  • Jan 3, 2023 6:52pm Jan 3, 2023 6:52pm
Quoting Yngwie
Ok now what! Long 1.1964 SL 1.1940
boring. closed for 25 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #717,582
  • Jan 3, 2023 6:55pm Jan 3, 2023 6:55pm
Quoting Jolita
I've bought for a few, near tp level, which is just below 1.200. Was also shorting oil, cought a few nice waves on Tesla. Havent touched EC, but retracement in play. I would like GU to dip lower this week.
There is good news for TESLA
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  • #717,583
  • Jan 3, 2023 6:56pm Jan 3, 2023 6:56pm
Quoting pipcenturion
{quote} The level will break. There ought to be a big buy coming once price gets to 1.1835 - 1.1810 region (maybe slightly lower)
That means Support on DXY will fail.
It's very possible we will see one more Weekly leg up before the big Sell starts again. That another Monthly leg down could start with GB's recession. We'll see, let's see how this Weekly candle will close first, on which price.
  • #717,584
  • Jan 3, 2023 7:05pm Jan 3, 2023 7:05pm
Quoting pipcenturion
{quote} There is good news for TESLA {image}
Nice incentive!
Lets see if price can be pushed to $91. If it does, great discount.
Even now is good level, top volatility.
  • #717,585
  • Jan 3, 2023 7:13pm Jan 3, 2023 7:13pm
Quoting dantpm
{quote} Intermittently. Japan is playing a big part! China has been dumping US$ (securities, currency) for several years now. If you follow the Russia - Ukraine/US conflict the US is admitting that it has run out of weapons and bombs that it can provide to Ukraine without putting the US security at risk while Russia continues to pump out bombs and weapons. Russia also has these plastic drones that the US can't shoot down. US military supremacy is not what it once was! Look at the relative strength of the EU compared to the US lately. We are seeing...
Sure, America is strong.
Think about the re-opening restrictions for the New Year gatherings while cases rising. Many countries are adding extra checks before entry. Tough, but if proves to be ok, economy will continues to grow. Interesting when next China GDP data.
  • #717,586
  • Jan 3, 2023 7:17pm Jan 3, 2023 7:17pm
Quoting TheWolf
{quote} That means Support on DXY will fail. It's very possible we will see one more Weekly leg up before the big Sell starts again. That another Monthly leg down could start with GB's recession. We'll see, let's see how this Weekly candle will close first, on which price.
Wolf still selling UJ?
I've sold to retest support. Manufacturing data greater by 0.1%

Off now gn
  • #717,587
  • Jan 3, 2023 7:35pm Jan 3, 2023 7:35pm
Quoting dantpm
{quote} Intermittently. Japan is playing a big part! China has been dumping US$ (securities, currency) for several years now. If you follow the Russia - Ukraine/US conflict the US is admitting that it has run out of weapons and bombs that it can provide to Ukraine without putting the US security at risk while Russia continues to pump out bombs and weapons. Russia also has these plastic drones that the US can't shoot down. US military supremacy is not what it once was! Look at the relative strength of the EU compared to the US lately. We are seeing...
Nice knowledge you have
Shekh In Desert
  • #717,588
  • Jan 3, 2023 7:38pm Jan 3, 2023 7:38pm
Short Term Gbp Plan Act
I have Sell On
Target 1.19139

for now

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Time to dream
Shekh In Desert
  • #717,589
  • Jan 3, 2023 7:56pm Jan 3, 2023 7:56pm
Holding my longs from yesterday …. Not aiming for anything huge a small profit is good enough around 1.20… dxy has gap down today so i have confidence it will go down more before covering the gap….
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Extreme gut feeling trader
  • #717,590
  • Jan 3, 2023 8:25pm Jan 3, 2023 8:25pm
sell - 1.1992

stop loss - 1.2020
Together we can be strongest
Vantage Return This Month: na
  • #717,591
  • Jan 3, 2023 8:33pm Jan 3, 2023 8:33pm
Quoting Jolita
{quote} Wolf still selling UJ? I've sold to retest support. Manufacturing data greater by 0.1% Off now gn
Noo..

I am actually waiting to go Long long-term. I need to see ~127 first.. otherwise, I wont trade this pair.

I think USD is oversold at this point, but need the price to hit Support first.. entering here around 130 is.. I don't know, don't see anything at this level..
Why on Earth did I drink coffee before sleeping.. what a mistake..
Anyway, what's keeping you awake at these hours?
  • #717,592
  • Jan 3, 2023 8:45pm Jan 3, 2023 8:45pm
Quoting montygoldy
Holding my longs from yesterday …. Not aiming for anything huge a small profit is good enough around 1.20… dxy has gap down today so i have confidence it will go down more before covering the gap…. {image}
closed at breakeven.. opened short for 30pips… dxy can go up now..
Extreme gut feeling trader
  • #717,593
  • Jan 3, 2023 8:54pm Jan 3, 2023 8:54pm
Quoting montygoldy
{quote} closed at breakeven.. opened short for 30pips… dxy can go up now..
Lost patience with it huh

Still holding. Barely. If it settles under `1982 I just might then accept defeat
  • #717,594
  • Jan 3, 2023 9:03pm Jan 3, 2023 9:03pm
Quoting BrainBucks
{quote} Lost patience with it huh Still holding. Barely. If it settles under `1982 I just might then accept defeat
only concern now for longs is this gap
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Extreme gut feeling trader
  • #717,595
  • Jan 3, 2023 9:05pm Jan 3, 2023 9:05pm
Quoting montygoldy
{quote} only concern now for longs is this gap {image}
Geeeezz that's a yawning gap that WILL close sooner or later

I do concur 100%

Damn now I think I'm switching to break-even mode
  • #717,596
  • Jan 3, 2023 9:36pm Jan 3, 2023 9:36pm
see if 1.2000 hlds only 350 pips to 1.1650
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  • #717,597
  • Jan 3, 2023 10:03pm Jan 3, 2023 10:03pm
Happy new year fellow traders, hope you will get blessed with green pips. I've started new demo experiment today with daytrading price volume again, I'm trying to prove a strategy. First trade below daytrading usd/jpy, red is price green is volume, suggested price moving down to volume, this time is was completed.
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  • #717,598
  • Jan 3, 2023 10:16pm Jan 3, 2023 10:16pm
*Me trying to justify spending night and day staring into graphs yet again, never give up, right, haha*
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  • #717,599
  • Edited 10:43pm Jan 3, 2023 10:19pm | Edited 10:43pm
Quoting Pat Chiko
{quote} GU update to scalping position. setting up partial tp.{image} I think Karen trapped in Long position
My target is 1.1500 - 1.1400 area depending on the price behavior

https://www.forexfactory.com/attachm...4?d=1671885337
  • #717,600
  • Jan 3, 2023 10:23pm Jan 3, 2023 10:23pm
Quoting BrainBucks
{quote} Lost patience with it huh Still holding. Barely. If it settles under `1982 I just might then accept defeat
We should see 1.2005 before sellers step in.
Maybe during London session.
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