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Cable Update (GBPUSD)

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  • Post #737,141
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  • Mar 21, 2023 11:42am Mar 21, 2023 11:42am
  •  dempire1
  • Joined Jun 2021 | Status: Newbie Scalper | 832 Posts
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1.220 is crucial area. Would love to see new low to around 1.204 area but as always not going to predict but react to what PA does.
 
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  • Post #737,142
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  • Mar 21, 2023 11:42am Mar 21, 2023 11:42am
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 2,127 Posts
I have stopped trading the Asian session. I want to concentrate on London session and a portion of NY session. I need to start planing my day now.
Whatever it takes…
1
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  • Post #737,143
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  • Mar 21, 2023 11:51am Mar 21, 2023 11:51am
  •  josip
  • Joined Dec 2015 | Status: Member | 1,454 Posts
DX and GBP update
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  • Post #737,144
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  • Mar 21, 2023 11:58am Mar 21, 2023 11:58am
  •  navk
  • Joined Oct 2010 | Status: Trader | 16,032 Posts | Online Now
Probably 2178 will be low of the day to me
Intraday only.
 
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  • Post #737,145
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  • Mar 21, 2023 11:58am Mar 21, 2023 11:58am
  •  sakimer
  • Joined Nov 2022 | Status: Member | 280 Posts
finish safely
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  • Post #737,146
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  • Mar 21, 2023 11:59am Mar 21, 2023 11:59am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 7,076 Posts | Online Now
Quoting navk
Disliked
Probably 2178 will be low of the day to me
Ignored
I think so too… possible retrace to 12220-30 area on the cards as that was last place of support earlier
 
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  • Post #737,147
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  • Mar 21, 2023 12:04pm Mar 21, 2023 12:04pm
  •  dantpm
  • Joined Aug 2022 | Status: Member | 2,524 Posts | Online Now
Quoting Bones
Disliked
{quote} They can charge up to 6% of expenses; it's a non-profit or, right now, loss operation. However, I don't trust that setup more than any other outsider looking at it.
Ignored
They earn a 6% dividend on their capital and surplus contribution, however, they only have to actually put up 3% of the capital contribution. I still wish I could get returns like that on investments. Essentially a 200% annual return on what I invest plus administrative costs.
https://www.cga.ct.gov/PS95/rpt/olr/...0are%20located.
 
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  • Post #737,148
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  • Mar 21, 2023 12:08pm Mar 21, 2023 12:08pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,777 Posts
Quoting Mitiblotch
Disliked
{quote} Not just you. I also shorted 2233 and 2238 a while ago. My TP is 2203 and 2205 respectively. It's just a scalp, as I believe price will climb much higher later. I hope it hits our TP before the jump.
Ignored
All out. +63 pips! I am doing well! Hehehe... Moty your hammer worked.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
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  • Post #737,149
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  • Mar 21, 2023 12:17pm Mar 21, 2023 12:17pm
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 2,127 Posts
Today I netted another 300 pips. Time to get some rest. I have opening and closing time 8- 6 pm. This shit is getting real now.

See you tomorrow!
Whatever it takes…
 
4
  • Post #737,150
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  • Mar 21, 2023 12:33pm Mar 21, 2023 12:33pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,615 Posts
Quoting dantpm
Disliked
{quote} They earn a 6% dividend on their capital and surplus contribution, however, they only have to actually put up 3% of the capital contribution. I still wish I could get returns like that on investments. Essentially a 200% annual return on what I invest plus administrative costs. https://www.cga.ct.gov/PS95/rpt/olr/...0are%20located.
Ignored
That sounds like nothing considering the power and information they hold. The fact is you don't need the FED at all regarding interest rates.
~It should be a completely free market, not one thats waiting for the chairperson to speak.
#doyourownanalysisordietryin
 
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  • Post #737,151
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  • Mar 21, 2023 12:35pm Mar 21, 2023 12:35pm
  •  dantpm
  • Joined Aug 2022 | Status: Member | 2,524 Posts | Online Now
Quoting Bones
Disliked
{quote} That sounds like nothing considering the power and information they hold. The fact is you don't need the FED at all regarding interest rates. ~It should be a completely free market, not one thats waiting for the chairperson to speak.
Ignored
Actually, a government body, part of the central bank and not an independent body.
 
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  • Post #737,152
  • Quote
  • Mar 21, 2023 12:42pm Mar 21, 2023 12:42pm
  •  Fardeen1209
  • Joined Jul 2021 | Status: Rookie | 1,619 Posts
Quoting Bones
Disliked
{quote} That sounds like nothing considering the power and information they hold. The fact is you don't need the FED at all regarding interest rates. ~It should be a completely free market, not one thats waiting for the chairperson to speak.
Ignored
Thats true. Many time the money market already priced in the rate hike, and Powell listen to them closely by delivering the amount expected.
W trades - L Trades = Net Profit
 
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  • Post #737,153
  • Quote
  • Mar 21, 2023 12:42pm Mar 21, 2023 12:42pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 7,076 Posts | Online Now
Quoting BigNumbers
Disliked
Today I netted another 300 pips. Time to get some rest. I have opening and closing time 8- 6 pm. This shit is getting real now. See you tomorrow!
Ignored
I got greedy 🤦🏽♂️ however still managed a good amount of pips. Longs running b/e at 12215 will add if we go below 12150
 
3
  • Post #737,154
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  • Mar 21, 2023 12:42pm Mar 21, 2023 12:42pm
  •  ForexGoose
  • Joined Dec 2021 | Status: hungry for pizza & burgers | 2,527 Posts
this dump is not stopping

i should have sold

i put in a buy limit at 1.21, stop below 1.208, target is 1.22+
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
 
2
  • Post #737,155
  • Quote
  • Mar 21, 2023 12:46pm Mar 21, 2023 12:46pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 7,076 Posts | Online Now
Quoting ForexGoose
Disliked
this dump is not stopping i should have sold i put in a buy limit at 1.21, stop below 1.208, target is 1.22+
Ignored
I’m still aiming for 12270
 
2
  • Post #737,156
  • Quote
  • Mar 21, 2023 12:53pm Mar 21, 2023 12:53pm
  •  LifeRider
  • | Joined Mar 2020 | Status: Member | 144 Posts
Slowing down?
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I have no clue where it's going
 
 
  • Post #737,157
  • Quote
  • Mar 21, 2023 12:57pm Mar 21, 2023 12:57pm
  •  Ferna
  • Joined Dec 2022 | Status: Member | 619 Posts
Inserted Video


happy trading!
Memories is all that remains…
 
 
  • Post #737,158
  • Quote
  • Mar 21, 2023 12:59pm Mar 21, 2023 12:59pm
  •  navk
  • Joined Oct 2010 | Status: Trader | 16,032 Posts | Online Now
For tomorrow, selling is confirmed to me.

2250 is resistance for tomorrow on retrace
Intraday only.
 
2
  • Post #737,159
  • Quote
  • Mar 21, 2023 1:05pm Mar 21, 2023 1:05pm
  •  navk
  • Joined Oct 2010 | Status: Trader | 16,032 Posts | Online Now
On a sell daily candle, when it moved 70 + pips... stop buying..

Vice versa for buy daily candle

On any particular day
Intraday only.
 
3
  • Post #737,160
  • Quote
  • Mar 21, 2023 1:18pm Mar 21, 2023 1:18pm
  •  crow
  • Joined Sep 2013 | Status: Member | 368 Posts
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Gray channel target. Fibo 76.4
 
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