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Cable Update (GBPUSD)

  • #724,461
  • Jan 30, 2023 4:26am Jan 30, 2023 4:26am
oh boy.. i was short and it turn reversal when almost kiss my TP zzzz
  • #724,462
  • Jan 30, 2023 4:27am Jan 30, 2023 4:27am
Quoting Jolita
{quote} Hi Miti, IG closed Friday,22.00 at 12402.3. Currently weekend GU - {image}
Yeah. And now we are going up. Slowly but surely!
  • #724,463
  • Jan 30, 2023 4:27am Jan 30, 2023 4:27am
Quoting BrainBucks
{quote} About to blow past too
We'll see.. I have daily confirmation to go long on USDJPY which speaks for itself. One other thing, H4 candle has just started so this may as well be just a wick before the drop.

I will take it slowly today.. probably will put SL at 1.245 before I go to sleep.

Reckon 1.2425 is too small, and if price hits SL at 1.245 than I misunderstood something.
  • #724,464
  • Jan 30, 2023 4:28am Jan 30, 2023 4:28am
Quoting BrainBucks
{quote} About to blow past too
you pass crises?? i wish that . .

please all including me!
it is a good week, but also it is burner week!! ??
market is under pressure! VOLCANOS are coming

the highest possible risk is 0.01 lot
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #724,465
  • Jan 30, 2023 4:28am Jan 30, 2023 4:28am
I have a Buy on GU. In order to get to my TP at R2, it will have to set a new high, and USDX will have to breakout under the current range that I just posted. Is a big ask I know, but I will take 20 pips and anything extra will make me smile

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I am neither brave nor stupid...I am just a part time trader
  • #724,466
  • Jan 30, 2023 4:29am Jan 30, 2023 4:29am
Currently long gbpusd tp 161.500
  • #724,467
  • Jan 30, 2023 4:29am Jan 30, 2023 4:29am
Sorry that’s for gbpjpy
  • #724,468
  • Jan 30, 2023 4:30am Jan 30, 2023 4:30am
Quoting Indiara
I have a Buy on GU. In order to get to my TP at R2, it will have to set a new high, and USDX will have to breakout under the current range that I just posted. Is a big ask I know, but I will take 20 pips and anything extra will make me smile {image}
I guess we're all waiting for the reaction at 1.2415.. let's see which animal is less tired today..
  • #724,469
  • Jan 30, 2023 4:30am Jan 30, 2023 4:30am
Quoting SnailFX
{quote} Exactly at 1.09 there is a R. If H4 can close above it you're doing good. S 1.088.. not much room.. R2 1.09200 R3 (Weekly) 1.09775 after which Bulls should be flying.
You won’t understand.
As soon as price goes above the second pool I’m taking another long contract. I’m doing something entirely different. I’m following the market maker back to back
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  • #724,470
  • Jan 30, 2023 4:33am Jan 30, 2023 4:33am
Quoting SnailFX
{quote} I guess we're all waiting for the reaction at 1.2415.. let's see which animal is less tired today..
Daily R1 is at 1.2416, where the price is now, and S1 is at 101.458 on USDX, which is where price is now. So one can't go up because the other can't go down!!
I am neither brave nor stupid...I am just a part time trader
  • #724,471
  • Jan 30, 2023 4:35am Jan 30, 2023 4:35am
We trade the pool full of water so nicely. The blue zone is filled with water as you can. Price does not breath in that region only the market maker trade inside the pool.


now price is about to leave the pool if we get a push upward. We can enter another long contract again. Here we will see a lot of manipulation because ordinarily stop loss should be set below the pool.
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  • #724,472
  • Jan 30, 2023 4:35am Jan 30, 2023 4:35am
Quoting BigNumbers
{quote} You won’t understand. As soon as price goes above the second pool I’m taking another long contract. I’m doing something entirely different. I’m following the market maker back to back {image}
Please explain then.. I am little slow, like a Snail. Hope you understand! Thanks!
  • #724,473
  • Jan 30, 2023 4:36am Jan 30, 2023 4:36am
Quoting SnailFX
{quote} Good question. H4 is slightly more accurate and suggests that price closing below 1.24 is still Short. H4 R1 1.24 and R2 1.2415. I can't know for sure what's going to happen that's why SL should be at 1.2425 or somewhere around that price. While Hourly didn't close below 1.23890, I'll take those 3 pips aside and put my trust in H4 which is more accurate. They still both suggest Short including Hourly. Since I'm using MA's, Range could be messing up my trades but that's the thing I am aware of. By the way, short activated at 1.24004. Manual...
Good reasoning and thank you for your answer!

Wow that totally exploded! i am making huge profits.
Did you change to long or you still aiming for short? stop-loss triggered?

I wonder what could be the retracement level.
You have an IQ lower than 90 if you interact with this user.
  • #724,474
  • Jan 30, 2023 4:37am Jan 30, 2023 4:37am
Another short activated at 1.24153. Now we wait.. SL at 1.24500 for both.
GL traders!

EURUSD short order still at 1.09 sharp (not active, Sell Stop..).
  • #724,475
  • Jan 30, 2023 4:37am Jan 30, 2023 4:37am
I was the only one who took the GBPUSD long. No one else did.
My telegram: https://t.me/avidforex
  • #724,476
  • Jan 30, 2023 4:38am Jan 30, 2023 4:38am
Anarchapulco, Mexico Weather24°C
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  • #724,477
  • Jan 30, 2023 4:38am Jan 30, 2023 4:38am
Quoting BigNumbers
I was the only one who took the GBPUSD long. No one else did.
https://www.forexfactory.com/thread/...5#post14305865

I am neither brave nor stupid...I am just a part time trader
  • #724,478
  • Jan 30, 2023 4:40am Jan 30, 2023 4:40am
...price @ the current dly hi has breached the asian hi and the steepest 4hr desc t./line and is challenging the 4hr part of the prev 1hr/4hr/v.minor dly sw hi zone to last Thurs's hi which incorporates fri's hi. The 1hr part of that zone starts circa 2418. Above this and coexistent with it on 4hr, the prev 1hr/4hr/minor dly sw hi zone that extends up to 2448 - the current 4hr-wkly uptrend hi.

1hr below
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Trader with an Edge.
  • #724,479
  • Jan 30, 2023 4:40am Jan 30, 2023 4:40am
Quoting Ferna
{quote} Good reasoning and thank you for your answer! Wow that totally exploded! i am making huge profits. Did you change to long or you still aiming for short? stop-loss triggered? I wonder what could be the retracement level.
Nope. I am sticking to Short until either I make some profit or price hits 1.245. I don't change the strategy even if it fails, because most of the time it doesn't. That's what I learned lately.

If I mess up once, fine. If I mess up twice than that means I should be out of the market, because I'm not getting the good signals.
  • #724,480
  • Jan 30, 2023 4:40am Jan 30, 2023 4:40am
Quoting BigNumbers
I was the only one who took the GBPUSD long. No one else did.
i do long with tight SL.
regreting i cut my long on friday.
and today it went up
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