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Cable Update (GBPUSD)

  • #725,501
  • Edited 3:02am Feb 2, 2023 2:52am | Edited 3:02am
Wow.. TP-ed all on spike.. very nice...

Don't know what it is so I had to close the trades..

TP-ed USDJPY at 129.046
GBPUSD at 1.23637..

(I was looking at USD/JPY..)
I was thinking, come on USD/JPY move some for Christ's sake.. look at the Pound already you snail! And then BOOM.. from 128.800 to 129 triggering my buy stop at 1.29 which I closed and again put Buy Stop at 1.29. Don't want spikes activating my orders..
  • #725,502
  • Feb 2, 2023 2:55am Feb 2, 2023 2:55am
... 30min bullish hidden div could develop if price drops further? Price currently challenging a prev 1hr sw hi zone = prev res = pot rbs, from the fall earlier in this week.

1hr below
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Trader with an Edge.
  • #725,503
  • Feb 2, 2023 3:02am Feb 2, 2023 3:02am
Alhamdullilah Yesterday i posted this chart the price went straight to its demand and fly. I am learning from my seniors charts.
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  • #725,504
  • Feb 2, 2023 3:09am Feb 2, 2023 3:09am
...Like y/day's Fomc stateside, Boe Mpc may be more about the statement and vote than the actual rate hike itself, unless not +0.5% - ie a surprise to the market re forecasts.
---------------------------------------------

1hr below
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Trader with an Edge.
  • #725,505
  • Feb 2, 2023 3:10am Feb 2, 2023 3:10am
Quoting firsttimer
{quote} continue to sell. {image}
hit SL.

Switch to long.
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  • #725,506
  • Feb 2, 2023 3:12am Feb 2, 2023 3:12am
Quoting firsttimer
{quote} hit SL. Switch to long. {image}
Patience may play a role
  • #725,507
  • Feb 2, 2023 3:13am Feb 2, 2023 3:13am
Quoting Headland
... 30min bullish hidden div could develop if price drops further? Price currently challenging a prev 1hr sw hi zone = prev res = pot rbs, from the fall earlier in this week. 1hr below {image}
Bollinger bands suggest more downside as well, along with the hidden div.
Exhausted
  • #725,508
  • Feb 2, 2023 3:13am Feb 2, 2023 3:13am
...2hr/4hr rangy, range being 2448-2262.

4hr below

Quoting Elysion
{quote} Bollinger bands suggest more downside as well, along with the hidden div.
If bullish hidden div does develop on 30min or 1hr it could suggest an upside attempt after the p/back (if that's what it is), although there is not really a 2hr or 4hr uptrend to enter after such a pullback (ie next higher t/f's respectively in those t/f combo's.
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Trader with an Edge.
  • #725,509
  • Feb 2, 2023 3:17am Feb 2, 2023 3:17am
Quoting SnailFX
{quote} EUR/USD 1.10000 (Active).
USD/JPY 1.29000 (Active).
  • #725,510
  • Feb 2, 2023 3:20am Feb 2, 2023 3:20am
Tp 1.23200
  • #725,511
  • Feb 2, 2023 3:22am Feb 2, 2023 3:22am
LONG 1.2353
SL @ user discretion
  • #725,512
  • Feb 2, 2023 3:23am Feb 2, 2023 3:23am
...38.2% of y/day's rise reached.
Trader with an Edge.
  • #725,513
  • Feb 2, 2023 3:27am Feb 2, 2023 3:27am
Quoting SnailFX
{quote} USD/JPY 1.29000 (Active).
Shorting UJ? I'm abandoning GU for now, especially when there's an upcoming data. Might be in range.
Exhausted
  • #725,514
  • Feb 2, 2023 3:28am Feb 2, 2023 3:28am
Quoting Yngwie
Long 1.2373 SL 1.2350
Hit SL. Waiting to long again
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #725,515
  • Feb 2, 2023 3:31am Feb 2, 2023 3:31am
...15min and 30min bear thrust candle close s as 50% of y/day's rise is reached.
Trader with an Edge.
  • #725,516
  • Feb 2, 2023 3:32am Feb 2, 2023 3:32am
cable is approaching a potential LPS (last point of supply) on cluster 1.2339/27
chaos is just unknown order
  • #725,517
  • Feb 2, 2023 3:34am Feb 2, 2023 3:34am
Quoting firsttimer
{quote} hit SL. Switch to long. {image}
me three
i bailed in GU, -7 .. tsk tsk... it didn't make a new high, i should have stayed.

LONG UJ
SL at BE+2
TP 86 pips, yesterday's BIG candle as market loves mirroring legs
certainly hope it takes it now, without touching my SL

green pips to us all
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  • #725,518
  • Feb 2, 2023 3:35am Feb 2, 2023 3:35am
Someone recommend me some toilet paper shares, with the diarrhea that the Indians have! It's going to suffer to the clouds! HA! HA!
  • #725,519
  • Feb 2, 2023 3:39am Feb 2, 2023 3:39am
explorer order in (covered)
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chaos is just unknown order
  • #725,520
  • Feb 2, 2023 3:40am Feb 2, 2023 3:40am
... strong pullback on y/day's rise...30min bullish hidden div is now present but could develop further on any deeper drop so long as above y/day's lo.

1hr below
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Trader with an Edge.
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