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Cable Update (GBPUSD)

  • #720,441
  • Jan 12, 2023 10:35am Jan 12, 2023 10:35am
I was thinking here. If we have a consolidation around 1.21 - 1.22. It's just can be the top, not can be the bottom.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #720,442
  • Jan 12, 2023 10:40am Jan 12, 2023 10:40am
At least more 4 days before the price will be ready to his next level and break this equilibrium range to the downside.

so dont get upset with this ding dong move, it's annoying, we know.
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  • #720,443
  • Jan 12, 2023 10:47am Jan 12, 2023 10:47am
I think as the US30 goes up to 37500 - 38000, the G/U will follow it.
However, the pound need to finish Wave II of Wave V around 1.2025 or 1.1983 before it goes up (Daily).
Lost....
  • #720,444
  • Jan 12, 2023 10:57am Jan 12, 2023 10:57am
How one can avoid giving back the profit made in such volatile but choppy PA?
Once done, made money, quit trading for the day.

Yes
Intraday only.
  • #720,445
  • Jan 12, 2023 11:05am Jan 12, 2023 11:05am
[quote=Georginson;14286127]Sold 1.2178... target 1.2059... I have seen enough today... I'm going with sell now...[/
quote]

Hello sir,
How are you,Target 1.2059 is it for to day or next week,If you don't mind sound Please and which place we use this 1.2178 entry point SL.
Thank you very much.

Have a nice day
  • #720,446
  • Edited 11:32am Jan 12, 2023 11:12am | Edited 11:32am
Juust like that my shorts slaughtered..lost half of the casino account but its alright already pulled 3 casino accounts from it..
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Extreme gut feeling trader
  • #720,447
  • Jan 12, 2023 11:17am Jan 12, 2023 11:17am
Now the fun is over SHORT again 1.2197 no sl no tp this is going to hell....maybe
  • #720,448
  • Jan 12, 2023 11:23am Jan 12, 2023 11:23am
Just added a new long position, it's never too late
I'm enjoying the wins because I was once terrified by loses
  • #720,449
  • Jan 12, 2023 11:28am Jan 12, 2023 11:28am
Quoting 2046
{quote} Hi palpite, not been here much recently, do I don’t know what u base your decisions on, neither RR, SL, TP - care to explain? thx
I did an analysis in the chart daily and this can be the top of the wave B, and maybe we will see a big drop ahead around 1.16. But the price need to cross the MA's 200 H1 and H4.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #720,450
  • Jan 12, 2023 11:36am Jan 12, 2023 11:36am
Add sell - 1.2213
Together we can be strongest
Vantage Return This Month: -97.0%
  • #720,451
  • Jan 12, 2023 11:37am Jan 12, 2023 11:37am
Quoting Waveskierrob
Now the fun is over SHORT again 1.2197 no sl no tp this is going to hell....maybe
they want new high.. it will take more time..
but i cant go to the beach with this cold winter... how we kill the time?
  • #720,452
  • Jan 12, 2023 11:37am Jan 12, 2023 11:37am
Quoting Erto
Just added a new long position, it's never too late
same as well dxy creating new low.. there is a chance cable can go for new highs before the close… tp set at the high of the day…
Extreme gut feeling trader
  • #720,453
  • Jan 12, 2023 11:46am Jan 12, 2023 11:46am
Quoting Judeking
{quote}possible scalp short postion on gbpjpy, based on price being oversold and on the chart price is at a key level. Entry postion 158.086 {image}
Looks like price wants to continue to downside and not reverse Entry position 157.891
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  • #720,454
  • Jan 12, 2023 11:57am Jan 12, 2023 11:57am
[quote=tauhidur;14286183]
Quoting Georginson
Sold 1.2178... target 1.2059... I have seen enough today... I'm going with sell now...[/ quote] Hello sir, How are you,Target 1.2059 is it for to day or next week,If you don't mind sound Please and which place we use this 1.2178 entry point SL. Thank you very much. Have a nice day
I'm closing the sell trade once price gets to 1.2200 to accept some loss or wherever it is before today ends... The bulls are still in control...

As usual, no obligation to follow.
Data + Stat + Risk/Emotions Management
  • #720,455
  • Jan 12, 2023 11:58am Jan 12, 2023 11:58am
Quoting Whale
{quote} they want new high.. it will take more time.. but i cant go to the beach with this cold winter... how we kill the time?
...with...
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  • #720,456
  • Jan 12, 2023 12:02pm Jan 12, 2023 12:02pm
Dxy again on slippery slope…
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Extreme gut feeling trader
  • #720,457
  • Jan 12, 2023 12:03pm Jan 12, 2023 12:03pm
Quoting montygoldy
{quote} same as well dxy creating new low.. there is a chance cable can go for new highs before the close… tp set at the high of the day…
closed took 20pips tp…
Extreme gut feeling trader
  • #720,458
  • Jan 12, 2023 12:05pm Jan 12, 2023 12:05pm
Quoting bilal1947
Next draw on liquidity looks like on the up side ! trade safe. {image}
Reached
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"Exchange of hands"
  • #720,459
  • Jan 12, 2023 12:06pm Jan 12, 2023 12:06pm
[quote=Georginson;14286253]
Quoting tauhidur
{quote} I'm closing the sell trade once price gets to 1.2200 to accept some loss or wherever it is before today ends... The bulls are still in control... As usual, no obligation to follow.
seems like a bit of a wait for that… bulls going for new highs..
Extreme gut feeling trader
  • #720,460
  • Jan 12, 2023 12:10pm Jan 12, 2023 12:10pm
Quoting Kwt4x
{quote} GU is in LOW range, it's not worth trading imho. sideway market is the worst and most dangerous in trend stages, you can get caught in rally against you when the range breaks {image} cheers,
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