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Cable Update (GBPUSD)

  • #731,721
  • Feb 24, 2023 12:45am Feb 24, 2023 12:45am
Quoting Whale
{quote} for me it look like the perfect setup for LC.. of course I could be wrong. same plan as morning, nothing really changed.
I got stopped -5 pips. I knew it was a mistake, even said it was a punt lol. no more mistakes!
  • #731,722
  • Feb 24, 2023 12:52am Feb 24, 2023 12:52am
Quoting navk
{quote} Look at this 5 min chart. I closed 3 buy baskets in asia. {image}
Was there something that triggered those entry points?
  • #731,723
  • Feb 24, 2023 12:54am Feb 24, 2023 12:54am
Quoting dantpm
{quote} Was there something that triggered those entry points?
Those are support holding points and resistance
Intraday only.
  • #731,724
  • Feb 24, 2023 12:55am Feb 24, 2023 12:55am
Quoting mysterio
{quote} I got stopped -5 pips. I knew it was a mistake, even said it was a punt lol. no more mistakes!
How to make mistakes is the easiest lesson to learn in Forex!
  • #731,725
  • Feb 24, 2023 12:56am Feb 24, 2023 12:56am
Quoting Moty
{quote} dxy has been trying to break 104.500 area all week it will drop today after exhaustion {image}
Yip. I second that . To clear the equal lows and sweep liquidity on the 4h. Then a push up to 105 +. Looking at GPY/JPY for a possible long entry ....
  • #731,726
  • Feb 24, 2023 1:03am Feb 24, 2023 1:03am
Quoting mysterio
Today, only thing I see is accumulation on h1 demand zone, so I'm looking to buy the dip. Can't say today is presenting a clear level like the previous few days so, I think 1.2000-1.2010 region. If we get a rally from here on frankie open then, maybe a sell first from 1.2035-45.
good to have you back here. the discourd channel was too interactive for me, counterproductive and counter-intuitive for a trader who makes lonely decisions.
trading is like dancing, don't think and just listen to the music!
  • #731,727
  • Feb 24, 2023 1:03am Feb 24, 2023 1:03am
Quoting navk
{quote} Look at this 5 min chart. I closed 3 buy baskets in asia. {image}
@navk,

that strategy is very very good!

It seems to work quite well for Asian session.

How does it perform during London and Bew York sessions?
  • #731,728
  • Feb 24, 2023 1:10am Feb 24, 2023 1:10am
Quoting ninner
I said on monday that it would not shock me that if Tuesday marked the top of the week and sure enough it appears that is what is happaning. Also, of note options expire today at 1.20....gravitational pull...next week notables expiries at 1.1850. Something to think about!!!
If these are the options then I would want to think bulls are done for. I think price is going to fall at least to 1950 today. Thats what it should do. Lol... still holding my short from 2020 from last night and I am not the least worried at all. I just want London to make it quick and painless for bulls. You know how euthanasia works, right? Hahaha. I will like it if price smashes 2000 and then later during options, tests it from below. Another thing that can happen is delay and stroll around it and after expiry today it drops below it to hit at least 1950.
  • #731,729
  • Feb 24, 2023 1:12am Feb 24, 2023 1:12am
Quoting Whale
{quote} you will get a chance to short the typo.
Well you wasn't that far off your prediction...
  • #731,730
  • Feb 24, 2023 1:13am Feb 24, 2023 1:13am
Quoting Waveskierrob
{quote} Well you wasn't that far off your prediction...
Wait, I have pending 1.20399

and I may buy the road to this pending.. but it’s not moving and I starting to get tired
  • #731,731
  • Feb 24, 2023 1:14am Feb 24, 2023 1:14am
Added SHORT 1.2018 no sl no tp
  • #731,732
  • Feb 24, 2023 1:16am Feb 24, 2023 1:16am
Quoting Waveskierrob
Added SHORT 1.2018 no sl no tp
Let's sending it spiralling down! I don't know why they are wasting time these days. This thing isn't going up at all so the destination is down. So why waste everybody's time?
  • #731,733
  • Feb 24, 2023 1:19am Feb 24, 2023 1:19am
Quoting Mitiblotch
{quote} Let's sending it spiralling down! I don't know why they are wasting time these days. This thing isn't going up at all so the destination is down. So why waste everybody's time?
Market doesn't favour the impatient...
  • #731,734
  • Feb 24, 2023 1:20am Feb 24, 2023 1:20am
Quoting Waveskierrob
Added SHORT 1.2018 no sl no tp
Attached Image (click to enlarge)
Click to Enlarge Name: 2F523288-1635-4347-9A48-1B9E9AD6786A.png Size: 81 KB
  • #731,735
  • Feb 24, 2023 1:27am Feb 24, 2023 1:27am
I'm a trader without an opinion.
H1, I'm starting to take short orders.
At least the charts tell me to do so, it's not about being right or wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: Snipaste_2023-02-24_15-18-33.png Size: 57 KB
Just follow the trend.
  • #731,736
  • Feb 24, 2023 1:31am Feb 24, 2023 1:31am
Short now. waiting for DXY to clear fvg at 104.68 then head down?
  • #731,737
  • Feb 24, 2023 1:49am Feb 24, 2023 1:49am
Quoting riprider
Short now. waiting for DXY to clear fvg at 104.68 then head down?
cable is super bullish its not budging. DXY heading up
  • #731,738
  • Feb 24, 2023 2:01am Feb 24, 2023 2:01am
Quoting Moty
Dx , you shell not pass 104.585
Frankfort open candle turns to be engulfing bullish candle
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 21 KB
yes yes yes
  • #731,739
  • Feb 24, 2023 2:06am Feb 24, 2023 2:06am
Quoting Moty
{quote} Frankfort open candle turns to be engulfing bullish candle {image}
GET THE HAMMER OUT !!
  • #731,740
  • Feb 24, 2023 2:07am Feb 24, 2023 2:07am
sold 1.2025 target 50 sl 50
MY OPINION NOT FINANCIAL ADVISE
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