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Cable Update (GBPUSD)

  • #739,161
  • Apr 4, 2023 2:34am Apr 4, 2023 2:34am
Quoting LitEU
{quote} aint no drop coming
it's coming and half
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yes yes yes
  • #739,162
  • Apr 4, 2023 2:34am Apr 4, 2023 2:34am
Quoting huffy13
{quote} morning, do you think we will see a drop today as low as 1.23. I'm holding hope on this, lol . any advice is appreciated. Many Thanks
1.23 is a long way buddy

i really dont know, but iam going to take my profit (if any) way before.
  • #739,163
  • Apr 4, 2023 2:37am Apr 4, 2023 2:37am
Quoting Moty
{quote} it's coming and half {image}
better set stoploss my friend..it can spike north or south anytime
  • #739,164
  • Apr 4, 2023 2:38am Apr 4, 2023 2:38am
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Heavily long . . . . Approaching 24.50 for P.Prfts . . . SL as shown.

  • #739,165
  • Apr 4, 2023 2:45am Apr 4, 2023 2:45am
Trailing this babe
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  • #739,166
  • Apr 4, 2023 2:46am Apr 4, 2023 2:46am
Red badge members sold everyone sold and they will be in profits and the folks who were in search of signal will lose their account lol
  • #739,167
  • Apr 4, 2023 2:47am Apr 4, 2023 2:47am
50 pips in a couple of hours on cable, waited over night and usdchf still can not manage more than 50

Anyway we have lift of for now , hope it is not a crash landing
Follow The Markets Structure - Patience and Discipline
  • #739,168
  • Apr 4, 2023 2:49am Apr 4, 2023 2:49am
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E. and BP 5' --- Great strength in BP. . . . .Cashed in 50% at 24 50. --- Lifted SL and watching for a sudddden reversal at any time. . . .

Alert crew. Alert.

  • #739,169
  • Apr 4, 2023 2:50am Apr 4, 2023 2:50am
Quoting Mitiblotch
Exactly why price did what it did yesterday and may continue. DR1 today is 2470. I will try a short near there. {image}
forex factory stats yesterday, showed about 68% were selling GBPUSD, not buying it.
Compulsions can be hard to resist
  • #739,170
  • Apr 4, 2023 2:52am Apr 4, 2023 2:52am
Quoting trumps
{quote} forex factory stats yesterday, showed about 68% were selling GBPUSD, not buying it.
everyone knows retail traders love to lose money
  • #739,171
  • Apr 4, 2023 2:52am Apr 4, 2023 2:52am
Quoting AlfieSolomon
Red badge members sold everyone sold and they will be in profits and the folks who were in search of signal will lose their account lol
Increased my monthly starting balance by 700% so far this month , do you really think i will lose my account
Follow The Markets Structure - Patience and Discipline
  • #739,172
  • Apr 4, 2023 2:53am Apr 4, 2023 2:53am
A pause on the weekly 100 EMA?
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I have no clue where it's going
  • #739,173
  • Apr 4, 2023 2:56am Apr 4, 2023 2:56am
Quoting AlfieSolomon
Red badge members sold everyone sold and they will be in profits and the folks who were in search of signal will lose their account lol
This is a wrong assertion mate. I clearly mentioned here that selling is not a good option. In fact I also posted buyer-seller percentage chart showing that there were too many sellers meaning it would go up. In fact, I personally finally decided to buy but didn't give out the call and I just closed at 2473. Not everyone sold. And also people make genuine mistakes.
  • #739,174
  • Apr 4, 2023 2:57am Apr 4, 2023 2:57am
Woooah this bull is on speed!! Now time to crash the MF
Insane in the Brain..
  • #739,175
  • Apr 4, 2023 2:57am Apr 4, 2023 2:57am
GBPUSD has just made a 4-month high, we have been in a range during that time.

Looking for buy pullback.

I'm not selling until i get a break of a trendline on 4hr.

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All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #739,176
  • Apr 4, 2023 2:57am Apr 4, 2023 2:57am
Quoting Mitiblotch
{quote} Let's see if 2431 can stop it. I need to see 2324 area tested and then hold to consider a buy. But selling here is scary. {quote} What do you see from your analysis? You're a great at picking turning points.
im a true moron in this case, got stopped pretty quick. fell into the trap of talking myself into a weaker setup against my rules.

honestly was clutching at straws don't have my head screwed on straight today, clear EQH on hourly of course it was gonna shoot for them on a Tues

i sold GOLD at 1983 looking for 1971 then reverse buy

i believe GU will find a top at 1.2482ish
  • #739,177
  • Apr 4, 2023 2:58am Apr 4, 2023 2:58am
Quoting trumps
{quote} forex factory stats yesterday, showed about 68% were selling GBPUSD, not buying it.
Exactly whats in the chart I posted. When majority are selling price usually would shoot up. So from your post above if 68% on FF were selling then price flew up over about 140 pips yesterday.
  • #739,178
  • Apr 4, 2023 2:59am Apr 4, 2023 2:59am
Quoting greed
{quote} 1.23 is a long way buddy i really dont know, but iam going to take my profit (if any) way before.
hi mate,

agreed 1.23 is a long way, i may have messed up here.
I'm very new to trading and clearly still learning.
Thank you for the advise its really appreciated.

cheers.
lee
  • #739,179
  • Apr 4, 2023 3:01am Apr 4, 2023 3:01am
Quoting Mitiblotch
{quote} Exactly whats in the chart I posted. When majority are selling price usually would shoot up. So from your post above if 68% on FF were selling then price flew up over about 140 pips yesterday.
It can be an indicator but seriously 90% of retail lose anyway so i doubt the market makers even worry about retails, they are guaranteed to get most retail money in any event, that is just a bonus for them.
Follow The Markets Structure - Patience and Discipline
  • #739,180
  • Apr 4, 2023 3:01am Apr 4, 2023 3:01am
12350 seems a long way now!
Insane in the Brain..
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