Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #719,361
Quote
Jan 9, 2023 10:04am Jan 9, 2023 10:04am

Reverso
Joined Apr 2022 | Status: Member | 520 Posts

Quoting Reverso

Disliked

{quote} Sucks, hit SL when I decided to share the trade once in a blue moon. Next step is to see where price will close in M15, close above 1.21785 gives a Buy, SL 1.21353, TP around 1.22500 If this is just to take me out and then resume down, then a close below 1.21353 I will take another shot at Short again, SL recent high 1.21890 2nd trade of the day is also the last trade for the day, don't push it.

Ignored

Long scenario materialized, usually if 1st trade of the day fails, 2nd one should be the correct direction, will reassess the trade by next London open if trade doesn't have an outcome and stalls.

That's it for today guys

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GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x

Post #719,362
Quote
Jan 9, 2023 10:04am Jan 9, 2023 10:04am

Moty
Joined Dec 2017 | Status: Member | 22,230 Posts

Quoting Moty

Disliked

{quote} 1.22000 is a round number and adr high May act as resistance

Ignored

Gu reached 1.22006 and immediately drop 10 pips

Post #719,363
Quote
Jan 9, 2023 10:07am Jan 9, 2023 10:07am

montygoldy
Joined May 2017 | Status: Intermediate Trader | 2,011 Posts

Alright woke up with tp hit … this one for the vault … 230% gain

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Extreme gut feeling trader

1k to 50k Return This Week: 129.3%

Post #719,364
Quote
Jan 9, 2023 10:11am Jan 9, 2023 10:11am

Yngwie
Joined Aug 2008 | Status: Member | 2,196 Posts

Sold 1.2200

naked trader ~ GBPUSD only!

Post #719,365
Quote
Jan 9, 2023 10:15am Jan 9, 2023 10:15am

ToSatisfy
| Membership Revoked | Joined Nov 2022 | 304 Posts

Quoting Reverso

Disliked

{quote} haha, reverso just got reversed, happens sometimes bro, part of trading

Ignored

Yeah part of trading

Shekh In Desert

Post #719,366
Quote
Jan 9, 2023 10:21am Jan 9, 2023 10:21am

ninner
Joined Jul 2013 | Status: Member | 1,262 Posts

sTAY long...it is looking fine

Post #719,367
Quote
Jan 9, 2023 10:26am Jan 9, 2023 10:26am

kuroro001
Joined Jul 2007 | Status: Member | 17,772 Posts

Quoting ninner

Disliked

sTAY long...it is looking fine

Ignored

all depends on your timeframe....

COT: The precious data ignored

Post #719,368
Quote
Jan 9, 2023 10:26am Jan 9, 2023 10:26am

cchin
Joined Aug 2022 | Status: Member | 270 Posts

Trading running on full steam, barely half way into mid-January.

Added two shorts on the Cable, 1.217 and 1.219. Also added on short on the GBPJPY, at 160.54. No new trade on USDJPY.

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Post #719,369
Quote
Jan 9, 2023 10:35am Jan 9, 2023 10:35am

montygoldy
Joined May 2017 | Status: Intermediate Trader | 2,011 Posts

Dxy is just on a slippery slope.. broke important support

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Extreme gut feeling trader

1k to 50k Return This Week: 129.3%

Post #719,370
Quote
Jan 9, 2023 10:37am Jan 9, 2023 10:37am

suhas316
Joined Aug 2014 | Status: Member | 509 Posts | Online Now

Quoting suhas316

Disliked

Short activated ... Renko size - 20 pips {image}

Ignored

Stop loss hit

Born to Trade Forex !!!

Post #719,371
Quote
Jan 9, 2023 10:38am Jan 9, 2023 10:38am

Wavegarrick
Joined Sep 2017 | Status: Active | 3,030 Posts

Quoting Wavegarrick

Disliked

{quote} So far so good Folks, Just rolling with the tide on UsdJpy. Took profit on my weakest trade at 170 pips. Trade Safe, Cheers. {image}

Ignored

UsdJpy still cruising along with short confirmation signals from a daily perspective.
Cheers.

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Trade to trade another day

Post #719,372
Quote
Jan 9, 2023 10:38am Jan 9, 2023 10:38am

montygoldy
Joined May 2017 | Status: Intermediate Trader | 2,011 Posts

1.22200 wil be the area where i’ll try shorts…

Extreme gut feeling trader

1k to 50k Return This Week: 129.3%

Post #719,373
Quote
Jan 9, 2023 10:40am Jan 9, 2023 10:40am

Alevsky017
| Joined Jan 2023 | Status: Member | 80 Posts

im always telling others "the trend is your friend" but i was 100% sure that GBP will fall today...
And im stupid brain tried 3 shorts in 2 hours

Post #719,374
Quote
Jan 9, 2023 10:45am Jan 9, 2023 10:45am

Moty
Joined Dec 2017 | Status: Member | 22,230 Posts

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Post #719,375
Quote
Jan 9, 2023 10:47am Jan 9, 2023 10:47am

Yngwie
Joined Aug 2008 | Status: Member | 2,196 Posts

Bad bad bulls

naked trader ~ GBPUSD only!

Post #719,376
Quote
Jan 9, 2023 10:47am Jan 9, 2023 10:47am

BigNumbers
Joined Jul 2021 | Status: AGAINST ALL ODDS | 1,984 Posts | Online Now

next level on GBPUSD is 1.22421 and its our tp2

If it was easy... Everyone would do it!

Post #719,377
Quote
Jan 9, 2023 10:47am Jan 9, 2023 10:47am

tiborf71
Joined Apr 2011 | Status: survivor | 3,392 Posts

Quoting cchin

Disliked

Trading running on full steam, barely half way into mid-January. Added two shorts on the Cable, 1.217 and 1.219. Also added on short on the GBPJPY, at 160.54. No new trade on USDJPY. {image} {image} {image}

Ignored

you started shorting early.

gbp/usd.

Post #719,378
Quote
Jan 9, 2023 10:48am Jan 9, 2023 10:48am

Kwt4x
Joined Apr 2015 | Status: Member | 464 Posts

Quoting Alevsky017

Disliked

im always telling others "the trend is your friend" but i was 100% sure that GBP will fall today... And im stupid brain tried 3 shorts in 2 hours

Ignored

you should not short against strong HHHL

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cheers,

"the public is not yet ready for it" W.D. GANN

Post #719,379
Quote
Jan 9, 2023 10:49am Jan 9, 2023 10:49am

BeeTogether
Joined Oct 2020 | Status: Member | 6,545 Posts | Online Now

Quoting montygoldy

Disliked

1.22200 wil be the area where i’ll try shorts…

Ignored

previous resistance area before the big drop also looking at 12240 and a previous support area of 123 12330 from the earlier in December when FOMC took place.