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Cable Update (GBPUSD)

  • #728,921
  • Feb 15, 2023 1:54am Feb 15, 2023 1:54am
Quoting BeeTogether
Tempted to get back in again but will wait for after LO spike.
Same haha.. I know London won't give us this Sell that easily..
I am not going to Short unless I see a proper retracement.
  • #728,922
  • Feb 15, 2023 1:55am Feb 15, 2023 1:55am
Quoting BeeTogether
Tempted to get back in again but will wait for after LO spike.
we may not see any spike with a sell off untill 1.2034 at least
chaos is just unknown order
  • #728,923
  • Feb 15, 2023 1:57am Feb 15, 2023 1:57am
Quoting SnailFX
{quote} Same haha.. I know London won't give us this Sell that easily..
yeah a nice spike up for about 20 mins and then open the trapdoor underneath and let it drop. Lol
Insane in the Brain..
  • #728,924
  • Feb 15, 2023 1:58am Feb 15, 2023 1:58am
Quoting BeeTogether
{quote} yeah a nice spike up for about 20 mins and then open the trapdoor underneath and let it drop. Lol
This is a nice full hourly candle. There's no way more sell won't come.
  • #728,925
  • Feb 15, 2023 2:00am Feb 15, 2023 2:00am
The 1.21034 level was rejected twice
Attached Image (click to enlarge)
Click to Enlarge Name: REJECTED TWICE.png Size: 7 KB
  • #728,926
  • Feb 15, 2023 2:01am Feb 15, 2023 2:01am
Quoting SnailFX
Potentially good price to Short? {image}
1.21135 now.
Would be a classic ~30 pips retracement from London if it hits this price.

1.21250 30M R, also potential spot to Short from.
  • #728,927
  • Feb 15, 2023 2:01am Feb 15, 2023 2:01am
so approaching 2058 target , better breaks towards 32 and bounce as far possible , so to trail !
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #728,928
  • Feb 15, 2023 2:02am Feb 15, 2023 2:02am
Quoting SnailFX
{quote} Same haha.. I know London won't give us this Sell that easily.. I am not going to Short unless I see a proper retracement.
Hot US retail sales expected before NY session. Weak GBP today.
  • #728,929
  • Feb 15, 2023 2:02am Feb 15, 2023 2:02am
Quoting SnailFX
{quote} 1.21135 now
could be right here LO has been a move down which could be a buy signal.. 10-20 mins to go
Insane in the Brain..
  • #728,930
  • Feb 15, 2023 2:03am Feb 15, 2023 2:03am
I see IMMATURITY at its best in the PA.

No stable PA...

Intraday only.
  • #728,931
  • Feb 15, 2023 2:07am Feb 15, 2023 2:07am
Long at 1.2082, target 1.2182...
Data + Stat + Risk/Emotions Management
  • #728,932
  • Feb 15, 2023 2:09am Feb 15, 2023 2:09am
Quoting Moty
{quote} can win 30 $ , can loss only 10 $ i need only 20 pips drop the rsi give the signal , the macd gives the conformation {image}
Obviously, when I place a take profit it always gives a strong drop and continues
And yet I am happy with my share
Attached Image (click to enlarge)
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yes yes yes
  • #728,933
  • Feb 15, 2023 2:11am Feb 15, 2023 2:11am
The final batch of buyers from the H1 (demand) imbalance done on the 13th of February will be waiting at 1.2069

I will try longs there again
  • #728,934
  • Feb 15, 2023 2:15am Feb 15, 2023 2:15am
Quoting Moty
{quote} Obviously, when I place a take profit it always gives a strong drop and continues And yet I am happy with my share {image}
Hahah.. at least it's TP and not SL.

Well, I took profit at 161.204 on GBP/JPY and will probably see it 100, 150 pips lower during the day..

Yeah, I have to admit, holding good trade (successful) is tough.
I find holding on to the good trade probably the hardest part of trading. At least that's what I see with myself.
  • #728,935
  • Feb 15, 2023 2:16am Feb 15, 2023 2:16am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 61 KB

BP 5' --- So far so good. . . .SL as shown .

  • #728,936
  • Feb 15, 2023 2:16am Feb 15, 2023 2:16am
Quoting Moty
{quote} Obviously, when I place a take profit it always gives a strong drop and continues And yet I am happy with my share {image}
Thinking about what could have been is greed and leads to certain ruin.
We are here to trade our setups and only those.
You are on the right track here to long term profitability.
  • #728,937
  • Feb 15, 2023 2:16am Feb 15, 2023 2:16am
there is no sell before a clear reversal
Attached Image (click to enlarge)
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yes yes yes
  • #728,938
  • Feb 15, 2023 2:24am Feb 15, 2023 2:24am
Long at 12080 will look to take profit around 12120. Not sure if there is any important US data due later today though which could effect the pair
Insane in the Brain..
  • #728,939
  • Feb 15, 2023 2:29am Feb 15, 2023 2:29am
Quoting BeeTogether
Long at 12080 will look to take profit around 12120. Not sure if there is any important US data due later today though which could effect the pair
Ya sure you're not sure?
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  • #728,940
  • Feb 15, 2023 2:30am Feb 15, 2023 2:30am
UK CPI accelerated my failure and today's trade sucked.
Attached Image (click to enlarge)
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Just follow the trend.
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