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Cable Update (GBPUSD)

  • #734,101
  • Mar 6, 2023 3:46am Mar 6, 2023 3:46am
Pretty boring even for a Monday. Gonna wait until NY session. Couldn't see any decent trades this morning really.
  • #734,102
  • Mar 6, 2023 3:52am Mar 6, 2023 3:52am
long@2024
trading is like dancing, don't think and just listen to the music!
  • #734,103
  • Mar 6, 2023 3:59am Mar 6, 2023 3:59am
Quoting Robinhood1
My scenario is that cable will reach 1.1750 yes or yes, whether before 1.2600 This is because I see usdchf reaching 1.0200 +- after resuming its retracement. Will not be trading till then
Will be buying usdchf at 0.9220/40
POSTMASTER
  • #734,104
  • Mar 6, 2023 4:00am Mar 6, 2023 4:00am
I have come to the realization that my lack of discipline and consistency are my biggest faults, and I regret not recognizing this earlier
  • #734,105
  • Mar 6, 2023 4:01am Mar 6, 2023 4:01am
Quoting france001
Lack of discipline and consistency are my biggest faults. I find it foolish that I have only realized this now
At least you realized it!
  • #734,106
  • Mar 6, 2023 4:05am Mar 6, 2023 4:05am
The whole time GU has been stuck in this 10-15 range since 8:30 UTC, the DXY has made a very nice up move.
  • #734,107
  • Mar 6, 2023 4:08am Mar 6, 2023 4:08am
Quoting dantpm
{quote} What is less than nothing?
Negative infinity??
To free Gazans of Hamas, use whatever it takes.
  • #734,108
  • Mar 6, 2023 4:10am Mar 6, 2023 4:10am
Maybe Reversal
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  • #734,109
  • Mar 6, 2023 4:10am Mar 6, 2023 4:10am
Quoting Wavegarrick
{quote} Just love it when a precarious trade comes together. 234 pips booked for the week and profitable trades locked in. I am more convinced that buy trades are in. Cheers. {image}
Bought Gu at 1.20309 and will look to add towards my daily pivot at 1.20072.
Cheers.
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Trade to trade another day
  • #734,110
  • Mar 6, 2023 4:21am Mar 6, 2023 4:21am
Added SHORT 1.2028 nosl notp
  • #734,111
  • Mar 6, 2023 4:29am Mar 6, 2023 4:29am
Quoting kk300
{quote} Added sell.. target increased to1769, previously 1840
Holding on to sell .. target might be achieved tom...
  • #734,112
  • Mar 6, 2023 4:29am Mar 6, 2023 4:29am
Quoting voeltoez
Short 1.2045 sl 1.2055 sell stop 1.2030
closed for 20pips
  • #734,113
  • Mar 6, 2023 4:38am Mar 6, 2023 4:38am
Quoting mysterio
{quote}waiting for the first leg to complete then buys around 1.2010 target 1.2055
bought GU 1.2011 , target above
  • #734,114
  • Mar 6, 2023 4:43am Mar 6, 2023 4:43am
Quoting Georginson
Sold at 1.1988, target 1.1938... Second sell limit at 1.2030...
Both exited at 1.2012... -24 pips and + 18 pips... I will stand aside and observe as I'm expecting either 1.22 or 1.18 this week.
Data + Stat + Risk/Emotions Management
  • #734,115
  • Mar 6, 2023 4:44am Mar 6, 2023 4:44am
clear drop from h1
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  • #734,116
  • Mar 6, 2023 4:52am Mar 6, 2023 4:52am
Quoting mysterio
{quote} bought GU 1.2011 , target above
Won't you wait for confirmation on LTF
  • #734,117
  • Mar 6, 2023 4:59am Mar 6, 2023 4:59am
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yes yes yes
  • #734,118
  • Mar 6, 2023 5:00am Mar 6, 2023 5:00am
As long as usdchf retraces GU will hold. Uncertain territory for me
POSTMASTER
  • #734,119
  • Mar 6, 2023 5:05am Mar 6, 2023 5:05am
Quoting AlfieSolomon
{quote} Won't you wait for confirmation on LTF
nah

too many fake BOS, fake confirmations, prefer to just have strong conviction and go for it

10 pips DD was a bit uncomfortable -- we may accumulate a bit, lets see what happens

i know what you mean though, wouldn't want to buy into a freight train

Prefer to use volume confirmations rather than PA cause of the fakey's
  • #734,120
  • Mar 6, 2023 5:10am Mar 6, 2023 5:10am
Critical area. I may be wrong

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POSTMASTER
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