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Cable Update (GBPUSD)

  • #724,121
  • Jan 27, 2023 9:57am Jan 27, 2023 9:57am
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yes yes yes
  • #724,122
  • Jan 27, 2023 10:00am Jan 27, 2023 10:00am
Last trade of the week SHORT 1.2393 no sl tp +10......
  • #724,123
  • Edited 10:28am Jan 27, 2023 10:00am | Edited 10:28am
good luck.
  • #724,124
  • Jan 27, 2023 10:08am Jan 27, 2023 10:08am
Quoting Moty
{image}
u could have sold some more break even lvl... enough margin otherwise forget about it.. wish u well poker on deal your own cHards
  • #724,125
  • Jan 27, 2023 10:14am Jan 27, 2023 10:14am
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.
  • #724,126
  • Jan 27, 2023 10:19am Jan 27, 2023 10:19am
wish duall a good weekend... see u next week...
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  • #724,127
  • Jan 27, 2023 10:26am Jan 27, 2023 10:26am
Quoting Waveskierrob
Last trade of the week SHORT 1.2393 no sl tp +10......
Have it, tp hit +10 pippis ...that's beer and pizza paid for thanks GU you're the best .....
  • #724,128
  • Jan 27, 2023 10:32am Jan 27, 2023 10:32am
Quoting GODofMC
{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...
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
  • #724,129
  • Jan 27, 2023 10:36am Jan 27, 2023 10:36am
SHORT 1.23845 no sl tp+3 ...I want ice cream
  • #724,130
  • Jan 27, 2023 10:45am Jan 27, 2023 10:45am
Quoting Waveskierrob
SHORT 1.23845 no sl tp+3 ...I want ice cream
dude don’t get greedy
Insane in the Brain..
  • #724,131
  • Jan 27, 2023 10:47am Jan 27, 2023 10:47am
Quoting Mitiblotch
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.
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
Insane in the Brain..
  • #724,132
  • Jan 27, 2023 10:53am Jan 27, 2023 10:53am
Quoting BeeTogether
{quote} dude don’t get greedy
You're right may have to wait until Monday..
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  • #724,133
  • Jan 27, 2023 11:33am Jan 27, 2023 11:33am
Quoting Waveskierrob
{quote} You're right may have to wait until Monday..{image}
Cable bears are aiming for a close below 1.2370.
Gold bears are aiming for a close below 1927.

Let's see which faction gets it, if they do.
  • #724,134
  • Jan 27, 2023 12:03pm Jan 27, 2023 12:03pm
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BP 15' --- Longed here. Profits to be taken next week . . .

  • #724,135
  • Jan 27, 2023 12:05pm Jan 27, 2023 12:05pm
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BP H. ---

  • #724,136
  • Jan 27, 2023 12:09pm Jan 27, 2023 12:09pm
Quoting montygoldy
Come on bulls give me 1.24
closed all the longs …
Extreme gut feeling trader
  • #724,137
  • Jan 27, 2023 12:56pm Jan 27, 2023 12:56pm
Yesterday and today, our two friends were almost identical, and now price finishes right back in the middle of it all.
Ranging strategies were happy and I hope that so are you

Have a wonderful weekend dear fellow traders
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #724,138
  • Jan 27, 2023 1:26pm Jan 27, 2023 1:26pm
S&P 500

Judge it as you want, however in 2008, when stocks dropped, DXY went up.
I expect the same thing happening again, however this time, DXY is the one that will fall in the short term.

It is still not the time to buy USD it seems based on this information.

GBPUSD 1.30 in February?
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  • #724,139
  • Jan 27, 2023 3:33pm Jan 27, 2023 3:33pm
Quoting BeeTogether
{quote} 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
Hi Bee, it won't just go anywhere. It is going up. The signs are there. You don't need it to break for you to know. I already gave reasons. The movers are paying weekend swaps to hold their buys. Whenever this happens it will go up for them to make back the money expended in swaps. This is a fact and not conjecture. Secondly, the monthly pivot is at 2179 and it broke it up from bottom. That's another sign that this was a bullish month. Thirdly, 2335 was the weekly pivot and price closed way above it here at 2399. Fourthly you have about 63% of sheep herd selling and will be destroyed by the movers.

The signs are there. Shorting this here is pure guesswork and won't bode well. We can come back to this comment next week. If I am wrong I will eat the humble pie.
  • #724,140
  • Jan 27, 2023 3:35pm Jan 27, 2023 3:35pm
Quoting SnailFX
S&P 500 Judge it as you want, however in 2008, when stocks dropped, DXY went up. I expect the same thing happening again, however this time, DXY is the one that will fall in the short term. It is still not the time to buy USD it seems based on this information. GBPUSD 1.30 in February? {image}
Price is clearly headed up. All the signs are there. Its left for traders to see.
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