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Cable Update (GBPUSD)

  • #729,781
  • Feb 17, 2023 2:53am Feb 17, 2023 2:53am
Quoting Luxyus
countertrend positions are possible everytime, but honestly on a strong sell like this which is the better side?.. a trader should always keep in mind the quality of his own trades, right? reversal happen only one time, and there s a huge difference between it and a retracement
yup but look for clues of exhaustion. Get the best price for your swing trade and lock it in.

from what I can there are 2 psychological levels we need to see if there is a long one or over 11950 and then 120. Above that takes us back in a 50/50 area.

from a short perspective looking at 119 1185 and 118 to provide levels of support
Insane in the Brain..
  • #729,782
  • Feb 17, 2023 2:54am Feb 17, 2023 2:54am
Quoting Pat Chiko
{quote} Please bear with me as I am still in the process of crafting a response to your message. It is important to me to take the time to review my previous posts and gain a clear understanding of your perspective and the reasons behind it. By investing the necessary effort to ensure that my response is well-informed and thoughtful, I hope to contribute to a productive and respectful conversation. I'm very articulate in putting thins together, not jumping the gun here. So, while it may take a little longer, I believe that the time and effort invested...
can i interrupt ?? I need to go for a wee
Insane in the Brain..
  • #729,783
  • Feb 17, 2023 2:55am Feb 17, 2023 2:55am
Quoting lucaswalliam
{quote} This can be dangerous. The trend is still down and there is no telling when and where it will rise. It is best not to guess.
could you pls provide a chart that backing your statements?
  • #729,784
  • Feb 17, 2023 2:55am Feb 17, 2023 2:55am
...near-term downside fibs are below

You can see that 38.2% @/around current dly lo.
It is of the 1060-2448 move up.

Downside fibs below
Attached Image
Trader with an Edge.
  • #729,785
  • Feb 17, 2023 2:59am Feb 17, 2023 2:59am
These are all my this week's trades with SL, maybe this is useful to someone to study and analyse
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  • #729,786
  • Feb 17, 2023 3:00am Feb 17, 2023 3:00am
Quoting Waveskierrob
{quote} Lets see shall we, little experiment, LONG 1.1917 no sl no tp...
Closed LONG 1.1932 +15 and no suicide in sight...
  • #729,787
  • Feb 17, 2023 3:01am Feb 17, 2023 3:01am
Quoting Waveskierrob
{quote} Closed LONG 1.1932 +15 and no suicide in sight...
suicide is watching love island on itv …. Mental and time wasting suicide
Insane in the Brain..
  • #729,788
  • Feb 17, 2023 3:04am Feb 17, 2023 3:04am
Quoting Tronis
These are all my this week's trades with SL, maybe this is useful to someone to study and analyse {image} {image} {image} {image}
Interesting. Without background of why you are taking the trade, what your entry and exit rational is, I don't see how this is supposed to help new traders learn as you described the correct way to help new traders.
  • #729,789
  • Feb 17, 2023 3:04am Feb 17, 2023 3:04am
Today is Friday and I shouldn't even be contemplating a buy. But I will trust this falling wedge and buy when it's ready for a break up.

Edit: just bought 1928. SL 1828. TP 2028.
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  • #729,790
  • Feb 17, 2023 3:06am Feb 17, 2023 3:06am
Quoting ninner
The Dxy is strong!!!
it looks like it may be running out of steam. I see fair value gaps all the way down to 103.57.
  • #729,791
  • Feb 17, 2023 3:07am Feb 17, 2023 3:07am
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MY OPINION NOT FINANCIAL ADVISE
  • #729,792
  • Feb 17, 2023 3:08am Feb 17, 2023 3:08am
...correction to my 1hr chart. (Sorry, I still had it switched to 30min to find the pink zones, ie the prev 30min sw hi and lo's that are not such on 1hr.

1hr below
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Trader with an Edge.
  • #729,793
  • Feb 17, 2023 3:08am Feb 17, 2023 3:08am
Forgot how much fun cable update was..., maybe start working from home again.......I think not...
  • #729,794
  • Feb 17, 2023 3:10am Feb 17, 2023 3:10am
Quoting Tronis
These are all my this week's trades with SL, maybe this is useful to someone to study and analyse {image} {image} {image} {image}
Hello friend, in my opinion it's useless, it's just showing that you are good in that day, without explanation in real time, it's cannot help, especially for who at the beginning of this learning curve.
  • #729,795
  • Feb 17, 2023 3:10am Feb 17, 2023 3:10am
Quoting dantpm
{quote} Interesting. Without background of why you are taking the trade, what your entry and exit rational is, I don't see how this is supposed to help new traders learn as you described the correct way to help new traders.
That's why I said ''maybe''. I know I don't add any value here and my point was to see clear full picture of all trades no matter profit or loss so new traders can learn from that
  • #729,796
  • Feb 17, 2023 3:10am Feb 17, 2023 3:10am
Took a buy , holding til close

H1 demand. Bottom of the range. LQG below asia / previous daily low. DXY on resistance, H1 looks to be 'pinning' off of it.

Worth a go. Ideal target 1.2030
  • #729,797
  • Feb 17, 2023 3:12am Feb 17, 2023 3:12am
Quoting BeeTogether
{quote} suicide is watching love island on itv …. Mental and time wasting suicide
ITV you say, Love Island ?sounds great my type of show...
  • #729,798
  • Feb 17, 2023 3:13am Feb 17, 2023 3:13am
Quoting BeeTogether
{quote} can i interrupt ?? I need to go for a wee
Yes please, after wee wee, you can short UJ 0.0001 lot..for 50 pips....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #729,799
  • Feb 17, 2023 3:13am Feb 17, 2023 3:13am
EUR/USD Long @ 1.06448
15M Confirmed Long

SL 20 Pips

EUR/GBP Is Up (Stronger Euro?)

*This time, candles closed above gray line.
*Just woke up.. lucky haha (fell asleep again after that Loss in the morning).
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  • #729,800
  • Feb 17, 2023 3:15am Feb 17, 2023 3:15am
Quoting riprider
{quote} it looks like it may be running out of steam. I see fair value gaps all the way down to 103.57.
Oh , yea, there's a regular gap too. This supports a GU buy somewhat. might be wrong.
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