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Cable Update (GBPUSD)

  • #730,981
  • Feb 22, 2023 3:19am Feb 22, 2023 3:19am
Quoting BeeTogether
Round numbers for me. Let’s see if 12050 works and then long till 12150-122 before another drop in time for FOMC minutes
The Fed minutes will be a big risk. Hopefully I'll have closed the order by then.
The trend structure is still in place despite the very rapid decline. Not sure what else it is waiting for.
Just follow the trend.
  • #730,982
  • Feb 22, 2023 3:23am Feb 22, 2023 3:23am
Quoting JereMi256
{quote} Partial SL to reduce risk {image}
Partial SL hit!
50%L
Face 'ur fears & tame 'ur greed
  • #730,983
  • Feb 22, 2023 3:31am Feb 22, 2023 3:31am
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yes yes yes
  • #730,984
  • Feb 22, 2023 3:33am Feb 22, 2023 3:33am
Quoting lucaswalliam
{quote} The Fed minutes will be a big risk. Hopefully I'll have closed the order by then. The trend structure is still in place despite the very rapid decline. Not sure what else it is waiting for.

thing is the minutes are usually quite a nonevent. However if the FED indicates a rate rise of 0.5 then it will drop hard. Likewise a rate rise less will send it up.

lets see
Insane in the Brain..
  • #730,985
  • Feb 22, 2023 3:39am Feb 22, 2023 3:39am
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yes yes yes
  • #730,986
  • Feb 22, 2023 3:39am Feb 22, 2023 3:39am
Quoting mysterio
{quote} scaled in 1/3rd size at 1.2075 buy will see how this plays out and possibly start adding in 10/15mins
may have to let this go. going below y'day ny low looks like. will give it a couple mins
  • #730,987
  • Feb 22, 2023 3:39am Feb 22, 2023 3:39am
its confusing when you believe your own plan (im on sell)
but seeing different view from you guys for buy side..
and it has a possibilities haha headache
  • #730,988
  • Feb 22, 2023 3:40am Feb 22, 2023 3:40am
Quoting BeeTogether
{quote} thing is the minutes are usually quite a nonevent. However if the FED indicates a rate rise of 0.5 then it will drop hard. Likewise a rate rise less will send it up. lets see
So, the Fed will raise rates by 0.5 at the next meeting?
Just follow the trend.
  • #730,989
  • Feb 22, 2023 3:44am Feb 22, 2023 3:44am
Quoting lucaswalliam
{quote} So, the Fed will raise rates by 0.5 at the next meeting?
we don’t know yet however there is talk of it as inflation and sales etc are still high.
Insane in the Brain..
  • #730,990
  • Feb 22, 2023 3:45am Feb 22, 2023 3:45am
Quoting silverjazz
its confusing when you believe your own plan (im on sell) but seeing different view from you guys for buy side.. and it has a possibilities haha headache
This is a real problem

I post here sometimes but don't read what anyone else is doing until i'm out the position or comfortably in profit. You don't know anyone elses time frame, skill level, emotional state, strategy etc.

Trust yourself

edit--managed to stay in long. lets see. target 1.2120 initially
  • #730,991
  • Feb 22, 2023 3:51am Feb 22, 2023 3:51am
Candle H1 bulish after LO. Hum.
Together we can be strongest
Vantage Return This Month: na
  • #730,992
  • Feb 22, 2023 3:51am Feb 22, 2023 3:51am
Quoting dantpm
{quote} Turning around 'now' would be a London open +1 hr and reverse... Just a thought.
yes, reversal above 2065/60
Intraday only.
  • #730,993
  • Feb 22, 2023 3:52am Feb 22, 2023 3:52am
Quoting silverjazz
its confusing when you believe your own plan (im on sell) but seeing different view from you guys for buy side.. and it has a possibilities haha headache
Rather than be influenced by others trades be influenced by the fact that they are sticking to their plan wheather with or against you...
  • #730,994
  • Feb 22, 2023 3:53am Feb 22, 2023 3:53am
I'll sell the MA200-M1.
Together we can be strongest
Vantage Return This Month: na
  • #730,995
  • Feb 22, 2023 3:59am Feb 22, 2023 3:59am
Quoting BeeTogether
{quote} we don’t know yet however there is talk of it as inflation and sales etc are still high.
Yes, Nick Timiraos hinted at a possible upward revision of the Fed's inflation target.
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Just follow the trend.
  • #730,996
  • Feb 22, 2023 4:05am Feb 22, 2023 4:05am
Drop looking a bit exhausted switched to long
Insane in the Brain..
  • #730,997
  • Feb 22, 2023 4:06am Feb 22, 2023 4:06am
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yes yes yes
  • #730,998
  • Feb 22, 2023 4:13am Feb 22, 2023 4:13am
Quoting BeeTogether
Drop looking a bit exhausted switched to long
Hopefully just having a little rest. but as always could go either way...
  • #730,999
  • Feb 22, 2023 4:14am Feb 22, 2023 4:14am
Quoting mysterio
{quote}may have to let this go. going below y'day ny low looks like. will give it a couple mins
Yess yesterday's newyork low looks soo certain now
  • #731,000
  • Feb 22, 2023 4:15am Feb 22, 2023 4:15am
I think we'll see 19000 today.
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