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Cable Update (GBPUSD)

  • #728,321
  • Feb 13, 2023 2:25am Feb 13, 2023 2:25am
... re 4hr - it's been a ' flip zone ' before.

4hr below
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Trader with an Edge.
  • #728,322
  • Feb 13, 2023 2:34am Feb 13, 2023 2:34am
Quoting Houtbay
Gold Tp 1872. Short at tp
Are you still in?
  • #728,323
  • Feb 13, 2023 2:57am Feb 13, 2023 2:57am
I went long as I reasoned that there were lots of money already residing below 1.2040 and more orders weren't needed to take it lower. Price seemed to hold above that level unnecessarily for too long.

Could be wrong.
  • #728,324
  • Feb 13, 2023 2:59am Feb 13, 2023 2:59am
Done for the week

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POSTMASTER
  • #728,325
  • Feb 13, 2023 3:01am Feb 13, 2023 3:01am
...last 1hr closes as a bearish engulf but price still within the asian hi-lo range, as 1st test on asian hi/current dly hi is rejected.

1hr below
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Trader with an Edge.
  • #728,326
  • Feb 13, 2023 3:02am Feb 13, 2023 3:02am
Quoting MrFanciful
I went long as I reasoned that there were lots of money already residing below 1.2040 and more orders weren't needed to take it lower. Price seemed to hold above that level unnecessarily for too long. Could be wrong.
I was wrong.
  • #728,327
  • Feb 13, 2023 3:04am Feb 13, 2023 3:04am
Morning all… can’t see too much on the long side. On the 1H potential 12090 area? Hard to tell
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Insane in the Brain..
  • #728,328
  • Feb 13, 2023 3:16am Feb 13, 2023 3:16am
Quoting SnailFX
EURCHF went Short at 0.98574 SL 20 Pips CPI M/M Actual 0.6% Previous 0.5% *Probably the last trade today. {image}
SL hit.
*It is the last trade today.

Horrible day. Can't wait for tommorow.
  • #728,329
  • Feb 13, 2023 3:18am Feb 13, 2023 3:18am
Ok, at this point ¯\_(ツ)_/¯

Maybe get something on the next 4Hr candle in 40 minutes.
  • #728,330
  • Feb 13, 2023 3:25am Feb 13, 2023 3:25am
2hr chart starting to look bullish to me.
  • #728,331
  • Feb 13, 2023 3:26am Feb 13, 2023 3:26am
Quoting BeeTogether
Morning all… can’t see too much on the long side. On the 1H potential 12090 area? Hard to tell {image}
according my view cable max daily high @ 1.20765 (MA100 TF H1)
chaos is just unknown order
  • #728,332
  • Feb 13, 2023 3:37am Feb 13, 2023 3:37am
Wrong
  • #728,333
  • Feb 13, 2023 3:39am Feb 13, 2023 3:39am
Quoting SnailFX
{quote} SL hit. *It is the last trade today. Horrible day. Can't wait for tommorow.
Don't worry, the CPI data is the focus.
Just follow the trend.
  • #728,334
  • Feb 13, 2023 3:40am Feb 13, 2023 3:40am
Quoting MrFanciful
Wrong
rejected at daily pivot. Although let’s see where NYO take us
Insane in the Brain..
  • #728,335
  • Feb 13, 2023 3:41am Feb 13, 2023 3:41am
Quoting MrFanciful
{quote} I was wrong.
Love your honesty...
  • #728,336
  • Feb 13, 2023 3:44am Feb 13, 2023 3:44am
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  • #728,337
  • Feb 13, 2023 3:46am Feb 13, 2023 3:46am
Quoting SnailFX
{quote} SL hit. *It is the last trade today. Horrible day. Can't wait for tommorow.
it was good call
Lou Vincii Code
  • #728,338
  • Feb 13, 2023 3:47am Feb 13, 2023 3:47am
Quoting MrFanciful
Wrong
Would you care to enlighten us about what is wrong?
  • #728,339
  • Feb 13, 2023 3:49am Feb 13, 2023 3:49am
Pound dollar was finally short. The movement is not enough from the rise of the dollar yen.

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  • #728,340
  • Edited 4:09am Feb 13, 2023 3:51am | Edited 4:09am
Quoting RemyLou
{quote} it was good call
Fundamentally correct trade with the system agreeing it should be Short.

Unfortunately, today I have SL's hit very, well.. unfortunately.
This was probably a Buy to get rid of Sellers.

Tommorow is a new day! Long awaited CPI Report.

*Yen getting destroyed today. Wonder what caused this sudden depreciation.

*I will probably stop trading on the days with no High-Impact News from now on.

*15M and 30M will probably no longer be used as signals.
Higher TF = smaller lot size.
Best trades I had came from higher TF signals.
I'm starting to realize that I like trades that last for day or two, no less no more.
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