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Cable Update (GBPUSD)

  • #737,201
  • Mar 22, 2023 4:27am Mar 22, 2023 4:27am
will this shit fall a few pips to trigger my buy limit
  • #737,202
  • Mar 22, 2023 4:28am Mar 22, 2023 4:28am
Quoting BeeTogether
{quote} welcome back Pat! And yes Moty get that hammer out dude
yes we need that hammer badly
  • #737,203
  • Mar 22, 2023 4:32am Mar 22, 2023 4:32am
Looks bullish but it could be a trap before the FOMC
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #737,204
  • Mar 22, 2023 4:32am Mar 22, 2023 4:32am
Quoting Wavegarrick
{quote} 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. {image}
All is well. Got out of my mess once again. Closed 6 buy trades for 125 pips profit and left my best trade open at break even and some. 1.23000 is on the menu.
Cheers.
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Trade to trade another day
  • #737,205
  • Mar 22, 2023 4:34am Mar 22, 2023 4:34am
If price break above 1.23000 then we shall see 1.23700.
I just open a long contract in anticipation that price will break above 1.23000. My Tp at 1.23700.
The next two H4 candles will be healthy bullish candle!
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My telegram: https://t.me/avidforex
  • #737,206
  • Mar 22, 2023 4:35am Mar 22, 2023 4:35am
Congratulations!

Quoting Wavegarrick
{quote} All is well. Got out of my mess once again. Closed 6 buy trades for 125 pips profit and left my best trade open at break even and some. 1.23000 is on the menu. Cheers. {image} {image}
"No trade is still a trade." - Peter Borish
  • #737,207
  • Mar 22, 2023 4:40am Mar 22, 2023 4:40am
Monday buy, Tuesday sell, Wednesday buy))
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  • #737,208
  • Mar 22, 2023 4:42am Mar 22, 2023 4:42am
Quoting AlfieSolomon
Buy limits {image}
didn't took my limits deleted
  • #737,209
  • Mar 22, 2023 4:43am Mar 22, 2023 4:43am
Stop is always tight.. even the best set up can fail
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My telegram: https://t.me/avidforex
  • #737,210
  • Mar 22, 2023 4:43am Mar 22, 2023 4:43am
Eventually price hits 1.23....

Quoting anandy1
Sitting on wait-and-watch mode since yesterday. Not convinced to buy at these levels and not interested to short since its showing strength. since the fed meeting and GBP data are due today. No hurry, GBP won't runaway . Having said that it might spike to 1.23 if GBP CPI surprises on positive side. Thinking of buy stop to trade. {image}
  • #737,211
  • Mar 22, 2023 4:44am Mar 22, 2023 4:44am
target 1.232
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  • #737,212
  • Edited 5:26am Mar 22, 2023 4:57am | Edited 5:26am
Sell limits
Edit :- closed -5 pips
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  • #737,213
  • Edited 6:14am Mar 22, 2023 5:08am | Edited 6:14am
Quoting AyoLouie07
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. {image}
Beautiful zone to zone action! I love waking up in profits! Up 54 pips currently, taking partials and moving SL into small profit. Gonna hold as I don't believe the bulls aren't done longer term. We shall see. Have a great trading day everyone.
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  • #737,214
  • Mar 22, 2023 5:19am Mar 22, 2023 5:19am
Quoting greenpips4
{quote} yes we need that hammer badly
Give Moty a moment...... he's polishing the hammer now...............
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #737,215
  • Mar 22, 2023 5:30am Mar 22, 2023 5:30am
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Quoting Traderview
A simple ABC and TRIPLE TOP {image} {image}
  • #737,216
  • Mar 22, 2023 5:33am Mar 22, 2023 5:33am
Quoting tm38691
waiting... and more waiting... hopefully today... {image}
God, this pair had been awesome this week! I am hot :-)
  • #737,217
  • Mar 22, 2023 5:34am Mar 22, 2023 5:34am
Sell 1.22866
Closed at breakeven
Fed up of fucking consolidation
  • #737,218
  • Mar 22, 2023 5:36am Mar 22, 2023 5:36am
Quoting micheal1354
ok to start of the daily timeframe is clearly bullish with bullish momentum. the goal is to trade that momentum until it gets exhausted. the reason, why my entry point would be around 1.22028, is because first that area was resistance and i expect it to switch to a floor second its close to the bottom of the weekly range tp would be anywhere between the previous daily high and DR {image} {image}
an exact copy paste of what was said yesteday
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  • #737,219
  • Mar 22, 2023 5:37am Mar 22, 2023 5:37am
Out of longs for now...
I have no clue where it's going
  • #737,220
  • Mar 22, 2023 5:37am Mar 22, 2023 5:37am
Quoting ScalaFX
{quote} Im trading too without SL we both know thats very risky and you must have good MM to controll your account money. But we must say that loud that SL is VERY IMPORTANT AND YOU MUST ALWAYS PLACE STOP LOSE WHEN YOU OPENED A POSITION!! THATS YOUR ACCOUNT INSURANCE! thanks🙂🍀
Position sizing is, in my opinion, the best form of risk management.

Your broker will not honour your stop loss when you desperately need them to do so (like during a black swan event). So why should I use it?

Size your position such that it would take 2,000 pips to implode your account.

Trade with peace of mind.
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