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Cable Update (GBPUSD)

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  • Post #724,121
  • Quote
  • Edited 12:12pm Jan 27, 2023 11:59am | Edited 12:12pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 795 Posts
Russian mouth in the future full of golden teeth
Bureau Buitenland
VPRO

In BureAu foreign affairs you will hear international news, reports and geopolitics. With backgrounds and remarkable stories, from Monday to Friday

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Relax, focus and trade what you see. Copyright
 
 
  • Post #724,122
  • Quote
  • Jan 27, 2023 12:04pm Jan 27, 2023 12:04pm
  •  silverjazz
  • | Joined Jan 2023 | Status: Member | 76 Posts
slow and sleepy.
 
1
  • Post #724,123
  • Quote
  • Jan 27, 2023 12:04pm Jan 27, 2023 12:04pm
  •  W0lfram
  • Joined Dec 2020 | Status: Crossed over into the Twilight Zone | 1,321 Posts | Online Now
Quoting W0lfram
Disliked
Let's wait for London session close, but if asia and london bearish, ny also bearish{image} edit: for fridays
Ignored
So London session is 1 pip bullish
 
4
  • Post #724,124
  • Quote
  • Jan 27, 2023 12:04pm Jan 27, 2023 12:04pm
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,724 Posts
Quoting Wavegarrick
Disliked
{quote} Expanding triangle or megaphone, whatever you call it. Stick with your system and believe in it. Do not ever be dissuaded by your fellow traders here. We are in a greater up move and markets do not swing in a whim. It takes weeks of lower highs and lows and so forth to realize a massive short swing. I am always comfortable with my buy trades because I know that we have been in a 5 month upswing and any reasonable retrace can be seen as a buy opportunity. Month end moves can be volatile. It is your choice to trade it. A rule of thumb, trade...
Ignored
I believe you are correct, for longer term traders like yourself buy is the direction, DXY is headed down to take out the daily swing low at 101.30

after that I believe it may be time to switch bias to short but it may just be a correction in a longer term bull trend for GBPUSD

on Monday i'll be looking for buys below 1.2345, scalpers can sell intraday til then, above 1.2420. We've formed a nice rectangle with liquidity resting either side
 
5
  • Post #724,125
  • Quote
  • Jan 27, 2023 12:07pm Jan 27, 2023 12:07pm
  •  Gonzzo
  • | Joined Dec 2022 | Status: Member | 147 Posts
Quoting Wavegarrick
Disliked
{quote} Expanding triangle or megaphone, whatever you call it. Stick with your system and believe in it. Do not ever be dissuaded by your fellow traders here. We are in a greater up move and markets do not swing in a whim. It takes weeks of lower highs and lows and so forth to realize a massive short swing. I am always comfortable with my buy trades because I know that we have been in a 5 month upswing and any reasonable retrace can be seen as a buy opportunity. Month end moves can be volatile. It is your choice to trade it. A rule of thumb, trade...
Ignored
you say everything correctly, but as for me at the moment, I think a deeper rollback is possible, I could be wrong
 
1
  • Post #724,126
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  • Jan 27, 2023 12:08pm Jan 27, 2023 12:08pm
  •  GODofMC
  • Joined Feb 2020 | Status: Member | 495 Posts
Quoting Wavegarrick
Disliked
{quote} {image} {image}
Ignored
I cant stand that hundred or maybe it is thousand pips ++
Always amazed how you can hold that all.
This is the truest INVESTMENT i've ever seen in forex to this day!!
USD -3000
MC Master Pips Today: -31
 
1
  • Post #724,127
  • Quote
  • Edited 12:58pm Jan 27, 2023 12:26pm | Edited 12:58pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 795 Posts
Quoting Moty
Disliked
Now go down {image}
Ignored
btw usually when ldn closes trend continues... still trading yesterdays range...
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btw happy birthday aquavite let's not drown dantes inferno... cheers...
Relax, focus and trade what you see. Copyright
 
 
  • Post #724,128
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  • Jan 27, 2023 12:47pm Jan 27, 2023 12:47pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 12,038 Posts
Quoting Pat Chiko
Disliked
GU Gimme one final spike for LC.{image}
Ignored
GU

Partial TP.
Need one more spike to end the week.
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I come from the future.
 
8
  • Post #724,129
  • Quote
  • Jan 27, 2023 12:57pm Jan 27, 2023 12:57pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,236 Posts
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  • Post #724,130
  • Quote
  • Jan 27, 2023 1:00pm Jan 27, 2023 1:00pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
Last trade of the week SHORT 1.2393 no sl tp +10......
Soon To Be Temporarily Suspended Again
 
5
  • Post #724,131
  • Quote
  • Edited 1:28pm Jan 27, 2023 1:00pm | Edited 1:28pm
  •  tiborf71
  • Joined Apr 2011 | Status: survivor | 3,392 Posts
good luck.
 
 
  • Post #724,132
  • Quote
  • Jan 27, 2023 1:08pm Jan 27, 2023 1:08pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 795 Posts
Quoting Moty
Disliked
{image}
Ignored
u could have sold some more break even lvl... enough margin otherwise forget about it.. wish u well poker on deal your own cHards
Relax, focus and trade what you see. Copyright
 
 
  • Post #724,133
  • Quote
  • Jan 27, 2023 1:14pm Jan 27, 2023 1:14pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,567 Posts
If this buy isn't clear to you now. Hmm... This is exactly like it happened a week ago. NY is buying it into the close and might hold their buys all weekend and pay the weekend swaps. You should know what that means. I don't even need a chart to tell this thing will break up and fly away. It is only being delayed.

I am still holding my buy from 2383 since yesterday.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
1
  • Post #724,134
  • Quote
  • Jan 27, 2023 1:19pm Jan 27, 2023 1:19pm
  •  tradexyz
  • Joined Nov 2022 | Status: Member | 795 Posts
wish duall a good weekend... see u next week...
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1
  • Post #724,135
  • Quote
  • Jan 27, 2023 1:26pm Jan 27, 2023 1:26pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
Quoting Waveskierrob
Disliked
Last trade of the week SHORT 1.2393 no sl tp +10......
Ignored
Have it, tp hit +10 pippis ...that's beer and pizza paid for thanks GU you're the best .....
Soon To Be Temporarily Suspended Again
 
5
  • Post #724,136
  • Quote
  • Jan 27, 2023 1:32pm Jan 27, 2023 1:32pm
  •  Erto
  • | Joined Feb 2020 | Status: Member | 467 Posts
Quoting GODofMC
Disliked
{quote} Yup, me too still have great FOMO especially my last year (2022) my losses exceed my imagination. usually i got 100% in one weeks then next week MCed and that repeat all the time, lost all my savings and my child savings ( because my mind telling me to recover All my lossess on 2021 and under ). Lucky got unexpected fortune at late december 2022 and start trading again at 5 Jan 2023, with only one thing in mind "I dont need to recover what i lost, i dont need to be rich, i only need $10 per day" Thats save me much. with help of chart that...
Ignored
I use to have same problem like yours. 3 weeks ok it's better but still.......

So after all loses are the problem. Concentrate on how you can minimize your loses to as minimal as possible and you will thank me later
I'm enjoying the wins because I was once terrified by loses
Erto All Time Return: 6.8%
 
 
  • Post #724,137
  • Quote
  • Jan 27, 2023 1:36pm Jan 27, 2023 1:36pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
SHORT 1.23845 no sl tp+3 ...I want ice cream
Soon To Be Temporarily Suspended Again
 
2
  • Post #724,138
  • Quote
  • Jan 27, 2023 1:45pm Jan 27, 2023 1:45pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,570 Posts | Online Now
Quoting Waveskierrob
Disliked
SHORT 1.23845 no sl tp+3 ...I want ice cream
Ignored
dude don’t get greedy
 
3
  • Post #724,139
  • Quote
  • Jan 27, 2023 1:47pm Jan 27, 2023 1:47pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 6,570 Posts | Online Now
Quoting Mitiblotch
Disliked
If this buy isn't clear to you now. Hmm... This is exactly like it happened a week ago. NY is buying it into the close and might hold their buys all weekend and pay the weekend swaps. You should know what that means. I don't even need a chart to tell this thing will break up and fly away. It is only being delayed. I am still holding my buy from 2383 since yesterday.
Ignored
mate I think it can go either way. it’s rejected anything below 12350 and above 12420 proper limbo. Next week data will make this pair dance a bit FOMC and BoE might see a new high before a crazy drop. Hard to tell. Have a great weekend
 
2
  • Post #724,140
  • Quote
  • Jan 27, 2023 1:53pm Jan 27, 2023 1:53pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 5,388 Posts
Quoting BeeTogether
Disliked
{quote} dude don’t get greedy
Ignored
You're right may have to wait until Monday..
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Soon To Be Temporarily Suspended Again
 
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