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Cable Update (GBPUSD)

  • #731,261
  • Feb 22, 2023 5:16pm Feb 22, 2023 5:16pm
Quoting KareemAliFx
{quote} Thats what they’re saying anyway. This is my own opinion, but I think 2% inflation is unreachable now. I think the new norm will be higher like 3% . Could be wrong but as always the feds are always changing their minds quickly so we must read every economic report that releases . Read it well and judge for yourself.
When various states started raising the minimum wage they gave up on the notion of 2% inflation. Everything is connected! The money to pay higher wages has to come from somewhere. Prices rise!
  • #731,262
  • Feb 22, 2023 5:35pm Feb 22, 2023 5:35pm
While in UK - food rationing -

Supply chain issues have forced supermarkets across the UK to impose food rations on their customers. This footage shows shelves left bare after a combination of bad weather conditions and transport issues led to chaos. Asda customers will be limited to buying just three items of certain fruits and vegetables. Similarly, Morrisons said it would be introducing limits of two selected items. While initially, it was tomatoes that were short of supply, the issues have now spread to other fruits...
  • #731,263
  • Feb 22, 2023 6:18pm Feb 22, 2023 6:18pm
Quoting navk
Early morning here, 6 AM. Last 2 hrs I traded in NY session. + LO + Asia. I have no reason to be un happy with the result. Bias ? No bias...lots of short trades and long trades. Beautiful choppy day provided desired result. Some open trades still all buy trades. {image}
New day started.

The previously open buy trades in NY session is closed now with a minor profit.

I will now wait for Tokyo open + 1 hr.
Attached Image (click to enlarge)
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Intraday only.
  • #731,264
  • Feb 22, 2023 7:15pm Feb 22, 2023 7:15pm
My bias today is clear sell bias.

Started selling.

Stop 2085.
Intraday only.
  • #731,265
  • Feb 22, 2023 7:58pm Feb 22, 2023 7:58pm
Another failed trade...
Still ignoring the impact of data on the market.
Stubborn and not knowing how to improvise.
Attached Image (click to enlarge)
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Just follow the trend.
  • #731,266
  • Feb 22, 2023 8:08pm Feb 22, 2023 8:08pm
I think the Cable still on Downtrend. But if the price can't break or retest the 1.2037 level, the cable will continue to Uptrend.
Make Money with Your Brain
  • #731,267
  • Feb 22, 2023 9:09pm Feb 22, 2023 9:09pm
Quoting navk
{quote} New day started. The previously open buy trades in NY session is closed now with a minor profit. I will now wait for Tokyo open + 1 hr. {image}
Tokyo open plus one hour means you sell the high of the the next candle?
  • #731,268
  • Feb 22, 2023 9:21pm Feb 22, 2023 9:21pm
Quoting lucaswalliam
Another failed trade... Still ignoring the impact of data on the market. Stubborn and not knowing how to improvise. {image}
Next time, whenever your good runner turns negative, close the trade at very next Breakeven. Renter lower or higher whichever the case.
  • #731,269
  • Feb 22, 2023 9:26pm Feb 22, 2023 9:26pm
Quoting JereMi256
{quote} Limits filled {image}
Partials taken @SRF
+14pips
Attached Image (click to enlarge)
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Face 'ur fears & tame 'ur greed
  • #731,270
  • Feb 22, 2023 9:34pm Feb 22, 2023 9:34pm
Quoting navk
My bias today is clear sell bias. Started selling. Stop 2085.
I ll join you from 2073. Same stop
  • #731,271
  • Feb 22, 2023 9:41pm Feb 22, 2023 9:41pm
Preliminary us gdp may move the pair later on we wil see. No big UK news other than some speakers.
  • #731,272
  • Feb 22, 2023 10:00pm Feb 22, 2023 10:00pm
Quoting KareemAliFx
I’m putting short orders at 1.06226 (eurusd) area for tonight’s Asian session.
most orders filled at this level, I’m going to bed early tn, again no stop losses .
Master your mind. Master Trading.
  • #731,273
  • Feb 22, 2023 10:46pm Feb 22, 2023 10:46pm
Quoting Pat Chiko
{quote} GU another spike up.........? sleep time now. No fire works for FOMCmom. I continue tomorrow.{image} good nite.
GU

holding long position, hope got some luck at LO.
The plan
Attached Image (click to enlarge)
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The execution so far.
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #731,274
  • Feb 22, 2023 11:41pm Feb 22, 2023 11:41pm
Quoting Pat Chiko
{quote} GU holding long position, hope got some luck at LO. The plan{image} The execution so far. {image}

Paaaaaaat Chiiiiiiiiiiikooooooooooo!!! LOL
  • #731,275
  • Feb 22, 2023 11:43pm Feb 22, 2023 11:43pm
GU ;SellStopOrder

Attached Image (click to enlarge)
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  • #731,276
  • Feb 23, 2023 12:09am Feb 23, 2023 12:09am
Quoting Pat Chiko
{quote} GU holding long position, hope got some luck at LO. The plan{image} The execution so far. {image}
What is used to determine the supply and demand zones in the chart? I am very interested in this, but I don't know anything about it.
Thank you, boss.
Just follow the trend.
  • #731,277
  • Feb 23, 2023 12:13am Feb 23, 2023 12:13am
@navk sure you don't want to trade places? In Toronto, we have 10 cm of fresh snow (still falling) and freezing rain this am.
  • #731,278
  • Feb 23, 2023 12:21am Feb 23, 2023 12:21am
Quoting Moty
1.20300 is the 50 % retracement {image}
Attached Image (click to enlarge)
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yes yes yes
  • #731,279
  • Feb 23, 2023 12:23am Feb 23, 2023 12:23am
half a plan today. sell from current price hold to below yesterdays low. then buy for the remainder of the day and hold

current price is 1.2069, yesterdays low is 1.2035

needs some confirmation before selling as the initial drop doesnt have to happen

edit--trying sell now at 1.2070

reason for main buy bias--completed 70.5 PB of weekly swing
  • #731,280
  • Feb 23, 2023 12:31am Feb 23, 2023 12:31am
Quoting kimmymore
sell closed. >>>***** now buy gu : Tp = 1.224xx {image} {image}

tp 1 = 1.218xx

tp2 = 1.224xx
Attached Image (click to enlarge)
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