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Cable Update (GBPUSD)

  • #732,841
  • Mar 1, 2023 4:34am Mar 1, 2023 4:34am
Quoting Moty
{quote} I made a lot of mistakes at the beginning of the day, until I finally took one good trade according to the method {image}
i need to more of this , and less of the others
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yes yes yes
  • #732,842
  • Mar 1, 2023 4:35am Mar 1, 2023 4:35am
Quoting Waveskierrob
{quote} ...and back underwater....easy come easy go...
...back on the surface...
  • #732,843
  • Mar 1, 2023 4:35am Mar 1, 2023 4:35am
Added long at 12034
Insane in the Brain..
  • #732,844
  • Mar 1, 2023 4:38am Mar 1, 2023 4:38am
Quoting BeeTogether
Let’s open that trapdoor please Moty where’s the hammer??
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yes yes yes
  • #732,845
  • Mar 1, 2023 4:40am Mar 1, 2023 4:40am
Something around 1.211 is caught my eyes and im waiting and waiting im losing all the move?
  • #732,846
  • Mar 1, 2023 4:43am Mar 1, 2023 4:43am
1940 next stop...
  • #732,847
  • Mar 1, 2023 4:43am Mar 1, 2023 4:43am
Quoting palpite
sell - 1.2076

trade closed - 1.2029
Together we can be strongest
Vantage Return This Month: na
  • #732,848
  • Mar 1, 2023 4:43am Mar 1, 2023 4:43am
Quoting Whale
Something around 1.211 is caught my eyes and im waiting and waiting im losing all the move?
121 it self would have been a great place to short from. I got 2 potential useless longs in progress at the moment with a combined b/e of 12050
Insane in the Brain..
  • #732,849
  • Mar 1, 2023 4:44am Mar 1, 2023 4:44am
Quoting Whale
Something around 1.211 is caught my eyes and im waiting and waiting im losing all the move?
Yeah I was waiting for 2117 too.. seems like bulls give up ..
  • #732,850
  • Mar 1, 2023 4:45am Mar 1, 2023 4:45am
Quoting kk300
{quote} Yeah I was waiting for 2117 too.. seems like bulls give up ..
Looks like bulls need a change of Duracell

anyone know what’s causing the drop?
Insane in the Brain..
  • #732,851
  • Mar 1, 2023 4:48am Mar 1, 2023 4:48am
Quoting navk
Hi guys, Wait for Asian retrace. And then when frankfurt opens, sell lony. SELL ONLY DAY UNTIL The chart shows otherwise.
Shorted as per my bias.

Now closed all.

Will now play a game to short on retrace.
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Intraday only.
  • #732,852
  • Mar 1, 2023 4:48am Mar 1, 2023 4:48am
Quoting BeeTogether
{quote} Looks like bulls need a change of Duracell anyone know what’s causing the drop?
Looks like bailey didn't bailed them out...
  • #732,853
  • Mar 1, 2023 4:50am Mar 1, 2023 4:50am
Quoting BeeTogether
{quote} Looks like bulls need a change of Duracell anyone know what’s causing the drop?

BoE Gov Bailey Speech


- I would caution against implying that we are finished raising interest rates or that we will inevitably need to do more
- A further increase in the bank rate may be necessary, but nothing has been decided
- We will reach our conclusions with a firm determination to achieve the 2% inflation target on a long-term basis
- Monetary policy cannot alleviate the shock to our national real income
- Monetary policy must ensure that foreign inflation does not become long-term inflation generated at home
- If we do not act decisively on interest rates now, we will be forced to act decisively later
- UK labour market remains extremely constrained
  • #732,854
  • Mar 1, 2023 4:51am Mar 1, 2023 4:51am
Quoting eyefeelsix
{quote} catch to BEP zero-risk {image}
sell rumours buy f***
partial close 50% and let him go
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https://breakpullback.com
  • #732,855
  • Mar 1, 2023 4:52am Mar 1, 2023 4:52am
scalp long to 1.20500
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yes yes yes
  • #732,856
  • Mar 1, 2023 4:52am Mar 1, 2023 4:52am
Im holding myselff.. i will strike here only.
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  • #732,857
  • Edited 5:35am Mar 1, 2023 4:58am | Edited 5:35am
Quoting T721
{quote} Gimme a few and i will dig some out for you
Well i dont used and know nothing EW yet, i once read a book about market structure by Jesse Livermore (my first trading book i've read, he explained EW and Dow theory-didn't understood a sh*t from his book)

My trading strategy is very simple, i looks for Support resistance flip, Imbalance, Valid OB, Flag Limit on 4hr then move to 30mins/1hr TF for my entry. Place my entry in favour of market structure, previous daily candle formation(momentum continuation) and/or fundamentals figure of the day(difference between last month actual and this month consensus).

Thats my the trading problem, I cant see a whole swing move. But with EW i saw many members especially swinger project some decent swing movement, so by implementing the EW, i can hold some of my floating trades much longer than my average.
More time in the market, does not mean you trade better!
  • #732,858
  • Mar 1, 2023 4:58am Mar 1, 2023 4:58am
Quoting Alevsky017
{quote} BoE Gov Bailey Speech - I would caution against implying that we are finished raising interest rates or that we will inevitably need to do more - A further increase in the bank rate may be necessary, but nothing has been decided - We will reach our conclusions with a firm determination to achieve the 2% inflation target on a long-term basis - Monetary policy cannot alleviate the shock to our national real income - Monetary policy must ensure that foreign inflation does not become long-term inflation generated at home - If we do not act decisively...
that should help GU go up
Insane in the Brain..
  • #732,859
  • Mar 1, 2023 4:59am Mar 1, 2023 4:59am
Quoting Moty
scalp long to 1.20500 {image}
121 bro! Let’s make good money
Insane in the Brain..
  • #732,860
  • Mar 1, 2023 5:01am Mar 1, 2023 5:01am
Quoting Moty
scalp long to 1.20500 {image}
ty mister scalp
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now waiting for short signal
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yes yes yes
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