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Cable Update (GBPUSD)

  • #731,861
  • Feb 24, 2023 6:15am Feb 24, 2023 6:15am
Quoting JereMi256
{quote} SL in sight @1.19775 for all.
Stopped out!

Buy limit @1.1966
Face 'ur fears & tame 'ur greed
  • #731,862
  • Feb 24, 2023 6:16am Feb 24, 2023 6:16am
SHORT and LONG @ 1.1982 no sl tp+3
  • #731,863
  • Feb 24, 2023 6:16am Feb 24, 2023 6:16am
Just opposite! Going down target before news! Better finish news to see where to enter if today.!
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #731,864
  • Feb 24, 2023 6:17am Feb 24, 2023 6:17am
Quoting Waveskierrob
SHORT and LONG @ 1.1982 no sl tp+3
Long here with you too. See if we pull out 10 pips from this lion's den.
  • #731,865
  • Feb 24, 2023 6:17am Feb 24, 2023 6:17am
Quoting JereMi256
{quote} Stopped out! Buy limit @1.1966
Unlucky but on positive note you did stick to your plan...
  • #731,866
  • Feb 24, 2023 6:19am Feb 24, 2023 6:19am
Quoting Waveskierrob
{quote} Unlucky but on positive note you did stick to your plan...
Thanks.
Face 'ur fears & tame 'ur greed
  • #731,867
  • Feb 24, 2023 6:23am Feb 24, 2023 6:23am
So retail traders trying to jump in at the bottom and just driving it lower?
(it's the same in all pairs)
  • #731,868
  • Feb 24, 2023 6:27am Feb 24, 2023 6:27am
I think price has reached it's first target and will now keep strolling around the beach until US PCE data. That should be a mover.
  • #731,869
  • Feb 24, 2023 6:28am Feb 24, 2023 6:28am
Bull will soon show up, and this might extend till the close, news might be used, i sensed the clue from EURGBP which is being manipulated now for a dump
  • #731,870
  • Feb 24, 2023 6:33am Feb 24, 2023 6:33am
Quoting Waveskierrob
SHORT and LONG @ 1.1982 no sl tp+3
SHORT tp hit +3
  • #731,871
  • Edited 7:19am Feb 24, 2023 6:34am | Edited 7:19am
Quoting DrDave
{quote} Thanks for the great technical plots. Previously, I looked at a similar strategy analyzed in NinjaTrader. My initial observation was that after a bar closes, there is some amount of retracement to that bar. So when a daily bar closed up, I made a sell to catch some pips of retracement. Although the reslts were quite good, when I compared it to taking the trade in the same direction as that closed daily bar, the results were much better. So, although your plot shows the symmetry between retracement and continuation, I found continuation...
Yeah for hourly chart/candles it's pretty like noise.. (probably bc of specific hour, 2 candles lookahead...)
For sessions continuation is musch better seen

I haven't tested this thing on the daily dataset yet. Will take a look
Air force
  • #731,872
  • Feb 24, 2023 6:34am Feb 24, 2023 6:34am
Quoting Waveskierrob
{quote} SHORT tp hit +3
Now let's go hit that of my buy shall we? Let's not be partial.
  • #731,873
  • Feb 24, 2023 6:36am Feb 24, 2023 6:36am
Bought 1.1976... target 1.2026...
Data + Stat + Risk/Emotions Management
  • #731,874
  • Feb 24, 2023 6:47am Feb 24, 2023 6:47am
Few more than 30 min for the red news of USD.

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Together we can be strongest
Vantage Return This Month: na
  • #731,875
  • Feb 24, 2023 6:51am Feb 24, 2023 6:51am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 36 KB
Cam Levels
https://www.livecharts.co.uk/Members...rex_pivots.php
  • #731,876
  • Feb 24, 2023 6:56am Feb 24, 2023 6:56am
SHORT 1.1973 no sl no tp
  • #731,877
  • Feb 24, 2023 6:58am Feb 24, 2023 6:58am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 72 KB

Headed for 1.19 60 . . .? ? ?

  • #731,878
  • Feb 24, 2023 6:58am Feb 24, 2023 6:58am
All my shorts built this week looking good for tp today ! Hopefully so I can buy nice dinner this weekend
Master your mind. Master Trading.
  • #731,879
  • Feb 24, 2023 7:02am Feb 24, 2023 7:02am
Quoting Mitiblotch
{quote} Long here with you too. See if we pull out 10 pips from this lion's den.
This was at 1984. But since bulls are dead and cannot even give me 10 pips for McDonald's I have hedged it with a short at 1974 which I intend to bank at 1925 thereabouts. I am not giving back a dime of my profits this week to the markets. Let the PCE come in I don't care. Ready to rumble.
  • #731,880
  • Feb 24, 2023 7:08am Feb 24, 2023 7:08am
PCE data could run HOT and send this pair down as further consumer spending and a tight labour market was seen for Jan. Could be wrong but let’s see
Master your mind. Master Trading.
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