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Cable Update (GBPUSD)

  • #737,141
  • Mar 21, 2023 11:08am Mar 21, 2023 11:08am
Quoting Mitiblotch
{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.
All out. +63 pips! I am doing well! Hehehe... Moty your hammer worked.
  • #737,142
  • Mar 21, 2023 11:17am Mar 21, 2023 11:17am
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!
My telegram: https://t.me/avidforex
  • #737,143
  • Mar 21, 2023 11:33am Mar 21, 2023 11:33am
Quoting dantpm
{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.
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.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #737,144
  • Mar 21, 2023 11:35am Mar 21, 2023 11:35am
Quoting Bones
{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.
Actually, a government body, part of the central bank and not an independent body.
  • #737,145
  • Mar 21, 2023 11:42am Mar 21, 2023 11:42am
Quoting Bones
{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.
Thats true. Many time the money market already priced in the rate hike, and Powell listen to them closely by delivering the amount expected.
More time in the market, does not mean you trade better!
  • #737,146
  • Mar 21, 2023 11:42am Mar 21, 2023 11:42am
Quoting BigNumbers
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!
I got greedy 🤦🏽♂️ however still managed a good amount of pips. Longs running b/e at 12215 will add if we go below 12150
Insane in the Brain..
  • #737,147
  • Mar 21, 2023 11:42am Mar 21, 2023 11:42am
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
  • #737,148
  • Mar 21, 2023 11:46am Mar 21, 2023 11:46am
Quoting ForexGoose
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+
I’m still aiming for 12270
Insane in the Brain..
  • #737,149
  • Mar 21, 2023 11:53am Mar 21, 2023 11:53am
Slowing down?
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I have no clue where it's going
  • #737,150
  • Mar 21, 2023 11:57am Mar 21, 2023 11:57am
Inserted Video


happy trading!
You have an IQ lower than 90 if you interact with this user.
  • #737,151
  • Mar 21, 2023 11:59am Mar 21, 2023 11:59am
For tomorrow, selling is confirmed to me.

2250 is resistance for tomorrow on retrace
Intraday only.
  • #737,152
  • Mar 21, 2023 12:05pm Mar 21, 2023 12:05pm
On a sell daily candle, when it moved 70 + pips... stop buying..

Vice versa for buy daily candle

On any particular day
Intraday only.
  • #737,153
  • Mar 21, 2023 12:18pm Mar 21, 2023 12:18pm
Attached Image (click to enlarge)
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Gray channel target. Fibo 76.4
  • #737,154
  • Mar 21, 2023 12:46pm Mar 21, 2023 12:46pm
Quoting navk
On a sell daily candle, when it moved 70 + pips... stop buying.. Vice versa for buy daily candle On any particular day
The reason for the above post :

I just survived the scare....

After making hefty profit today, I bought when the price was dropping.

It stopped at 2178 ( Atleast for today )

The open buy trades are safe.. as I expect tomorrow a retrace back to 2250.
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Intraday only.
  • #737,155
  • Mar 21, 2023 1:27pm Mar 21, 2023 1:27pm
Quoting Wavegarrick
{quote} Buy trade opened at 1.22433 my daily pivot. Cheers. {image}
Just realized that I am buying at exhausted areas and doing it again and again and doing it again, hence going into recovery mode. Perhaps FOMO (fear of missing out). Anyway, something to work on and certainly Improve on in coming days/ weeks. My weekly pivot at 1.21413 may be a target.
We shall see.
Cheers.
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Trade to trade another day
  • #737,156
  • Mar 21, 2023 1:35pm Mar 21, 2023 1:35pm
Pinpoint reaction at 38.6%. Fibs can be wonderful.
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  • #737,157
  • Mar 21, 2023 1:44pm Mar 21, 2023 1:44pm
Bears need to close below 1.22
GU Daily
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DX Index
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  • #737,158
  • Mar 21, 2023 2:49pm Mar 21, 2023 2:49pm
Selling pressure spooked me so I closed my initial long position from Friday with profit. Sat on my hands all day because I didn't want to trade against my bias. As of an hour ago I re entered long and am currently up 9 pips. We'll see if we get a rocket tomorrow. Happy pipping.
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  • #737,159
  • Mar 21, 2023 2:53pm Mar 21, 2023 2:53pm
Quoting BeeTogether
{quote} I got greedy 🤦🏽♂️ however still managed a good amount of pips. Longs running b/e at 12215 will add if we go below 12150
Don’t be greedy mate. 20-30 pips at a time is not bad.
congratulations ♦️
My telegram: https://t.me/avidforex
  • #737,160
  • Mar 21, 2023 2:58pm Mar 21, 2023 2:58pm
Looks like a bounce zone.
Have a good day guys
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Compulsions can be hard to resist
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