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Cable Update (GBPUSD)

  • #729,101
  • Feb 15, 2023 8:13am Feb 15, 2023 8:13am
Added buys here, strong retail data is very good , consumers are spending again and returning to the market
Master your mind. Master Trading.
  • #729,102
  • Feb 15, 2023 8:13am Feb 15, 2023 8:13am
Quoting DubaiFX
Be careful Do Not Buy the Dollar Today. Trust me. 103.60 is not very easy to Break. Its just a Spike. And Pound us Oversold so 50 pips up move is very much Possible. Just my 2 Cents. USD Index no Sentiment up move from Monday it is still at 28% VS 26 on Monday. Maybe tonight COT report may that. But for now I am not Buying USD. Will wait for Dust to Settle. And Point will Retrace 1.2150 us very good area to sell tomorrow justlooked at charts. Sold Eurnzd and EURAUD instead and those do look good for 100 pips target for now. I am avoiding USD direct...
how are you ? wish all good, usdx broken already the top and likely continue to some extent , say 104.50 , while target 105.45 , may not reach later . so gu may fall to 1960 to 1885 . while eu may 0642 ior down even . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #729,103
  • Feb 15, 2023 8:14am Feb 15, 2023 8:14am
Quoting palpite
{quote} You can do what you want with your account. What's problem ?
Lol, yes you can, including blow it! I am merely sharing an observation/thought. It is no problem to me whatsoever what other retail traders are doing, in fact long may it continue!
Trader with an Edge.
  • #729,104
  • Feb 15, 2023 8:14am Feb 15, 2023 8:14am
Quoting Fardeen1209
{quote} Thanks mate
USDCAD Filled the FVG today.
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  • #729,105
  • Feb 15, 2023 8:15am Feb 15, 2023 8:15am
Quoting W0lfram
{quote} so.. the price did reach that mark, rejected from Jan 30 - Feb 3 week value area low. But by that time I was already on the wrong side {quote} at least I got this right{image}
W0lfram, don't feel bad, we present dynamic trend analysis and adjustment is needed from time to time. Yesterday, during the Tokyo session and after AB=CD was made on the 4H chart, I adjusted my long-term view for GU. It may be a shocker. As always, I reserved the right to be wrong.
Attached Image (click to enlarge)
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...and wait for this...
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Always trade your own plan...I don't provide trading signals.
  • #729,106
  • Feb 15, 2023 8:17am Feb 15, 2023 8:17am
Quoting Fardeen1209
Enough fall for today! The market needs to breath and close imbalance. Either correction or consolidation. Long at 4hr Valid OB {image} Lets hope the market give us some bucks back we spent on valentines gifts
Close half of my position for+12pips to put SL -60pips
Bears are famished because big picture is bearish
More time in the market, does not mean you trade better!
  • #729,107
  • Feb 15, 2023 8:17am Feb 15, 2023 8:17am
Quoting DubaiFX
Sentiment Data is not Bad for GOLD. so I Bought GOLD. 1833 target 1842. Limit order 1825 Target: 1835. Limit order for 2 Hours from News Release Time. That is all it takes for the Market to Digest the News,and Move ON To Next Trading Day's Predictions. Check out my performance: https://www.myfxbook.com/members/Pip...eralgo/9935613. . I maybe Good at what I do, but No One Is Perfect so I can Be Wrong, hell I have Been wrong many times but for what matters us End of the month if you are in profit you should feel good because...
please catch falling knife... thanks
demo tok kenal barey boh!
  • #729,108
  • Feb 15, 2023 8:18am Feb 15, 2023 8:18am
Quoting Whale
as a black bear, i doubt if we can make new low today. possible, but i doubt.. so i close everything right now and wait for good price to sell (one long for fun)
Nice.
Good thinking.
Wise Trader Never Trust the Market.
take what's There and Leave the Market.
That's my style for Big accounts.
But to be Honest Waiting is a Bitch but good if you have other things to take care if just check the market every few hours to see where it is.
But for I only trade Forex.
I have no other Business or JOB.
That is why I trade a lot just to make enough in small accounts to Control my Over Trading Behavior.
Somethings you cannot just control so channel them by making small accounts and trade there.
Even those pay well trust me on that.

For BIG Account I let the trades Run just to see if it does reach my levels, it does most of the times but trust me the Retracement I a Bitch for Long term Trades.
Waiting for days and days.
Patience is Good but in Today's Market Sentiment Changes Very Fast you. Cannot hold the trade for 2 weeks.
Yes I have my analysis and I will be on Sell Specially for Pound.
Till June Hopefully we will see 1.15 by then.
But for now I only wait and when it us up like yesterday 1.2250 sold because it was Old Resistance and pretty good one.


"It is Better to wait for Retracement"__By Me.
Just kidding By my Mentor.
GOD BLESS HIM.
Don't compare your Trades with Others
  • #729,109
  • Feb 15, 2023 8:20am Feb 15, 2023 8:20am
Quoting Fardeen1209
Hey guys, i want an opinion from an experienced trader who used IMB/FVG on higher time frame like 4hr Is the IMB (the below one) considered as a valid Imbalance with the spike occurred, because very often I saw the market tend to return to a level where a spike occurred (price spent very short time at that particular level), to pick up leftovers {image}
You might find this interpretation interesting.
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  • #729,110
  • Feb 15, 2023 8:20am Feb 15, 2023 8:20am
Maybe I'll go Long once 1.20 is broken. 1.19990-95..
  • #729,111
  • Feb 15, 2023 8:22am Feb 15, 2023 8:22am
Who believes it's a falling knife heading towards 1877 today
average dude treading water
  • #729,112
  • Feb 15, 2023 8:23am Feb 15, 2023 8:23am
Quoting Headland
{quote} Lol, yes you can, including blow it! I am merely sharing an observation/thought. It is no problem to me whatsoever what other retail traders are doing, in fact long may it continue!
Yes, i hope you, MrDave and some others stay here for long time. I love your money.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #729,113
  • Feb 15, 2023 8:24am Feb 15, 2023 8:24am
Quoting Indigo45
{quote} This emoji is "SALUTE:{image}
Thank You Very Much.
To be honest I don't Deserve it,
I am just a Trader, who learned from his own mistakes and mistakes of others.
Thats all.
GOD BLESS YOU.
my dear for the Emoji,
But I just post to Warn Traders Thats all,
I hate when we loose and Millionaires Become Billionaires.
That all.
.
Attached Image (click to enlarge)
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Don't compare your Trades with Others
  • #729,114
  • Feb 15, 2023 8:25am Feb 15, 2023 8:25am
Quoting Headland
{quote} You heard it here first, lol! there will be a lot of retail traders around the world sat in front of their pc's saying ' it can't go any lower, there's gotta be a pullback? ' Of course a lot will be trapped in long positions, probably over-leveraged and now in 'hope' trades!
a lot will be trapped in long positions,
We've already seen plenty on this forum during the last hour.
To free Gazans of Hamas, use whatever it takes.
  • #729,115
  • Feb 15, 2023 8:26am Feb 15, 2023 8:26am
Second long added at 1.1996... target 1.2180
Data + Stat + Risk/Emotions Management
  • #729,116
  • Feb 15, 2023 8:27am Feb 15, 2023 8:27am
Quoting dantpm
{quote} You might find this interpretation interesting. {image}
1 hr time frame!
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  • #729,117
  • Feb 15, 2023 8:28am Feb 15, 2023 8:28am
Quoting KareemAliFx
Eurusd we buy!
Was out the whole day. Now looking at any good set up. May try in a bit...

Quoting Pat Chiko
{quote} EU Thanks for the great signal Bro. I was waiting for someone to confirm my set up for getting long at QM levle. Thanks again PAT{image}
EU

Warm up trade. Give it a try for scalp
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #729,118
  • Feb 15, 2023 8:30am Feb 15, 2023 8:30am
Quoting kidd0
{quote} please catch falling knife... thanks
I never Catch Falling Knife I wait for the Retracement and Join the Ride.
I never Said Buy I said it may retrace 50 Pips,
What I meant was It may be Good Area To sell Again.
Because Charting is an ART.
Trust me on this If you Wanted to BUY you will find a Chart which tells you to BUY.
And if you Want to Sell You will find a chart any time frame but you will find your selling point.
That is why I spend hours and days researching for Fundamentals to get them Right so my Direction will be Right.
Because Trend is you Friend is Good saying.
But trends do Change and that is Fact.
Check my old Posts I am the one who was Shouting on FEB 1 Don't Count the Dollar out just yet.

Yes it got hit but end of the week it was back and now it us up 3 cents.
Don't compare your Trades with Others
  • #729,119
  • Feb 15, 2023 8:34am Feb 15, 2023 8:34am
Quoting Waveskierrob
Last SHORT for the day 1.2133 no sl no tp...
Closed SHORT 1.2010 +123 pips......what you sow you shall reap.......2 SHORTS running
  • #729,120
  • Feb 15, 2023 8:35am Feb 15, 2023 8:35am
trading sequence

00
25
50
75
00


we have liquidation zone 25 and 75 this often happen when price fail the bulls or bears they now want to get out of bad trades this are often the entry point for the trade calls 25 and 75


why did price broke 1.2250 on 2nd feb and retested again because there was an order so a liquidation of high time frame can be a liquidity for lower tf.
holding a bad trades for big players will bring us into range that can lead to liquidation . LIQUIDATION turning assets to cash LIQUIDITY turning cash to assets.

1.1750 as been a bad trades for the bear since November 2022 , its believe that when market take out the liquidation orders the main move will being which is regular.

long scalp 1.2010 sl 50 tp 50
MY OPINION NOT FINANCIAL ADVISE
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