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Cable Update (GBPUSD)

  • #741,161
  • Apr 14, 2023 6:19am Apr 14, 2023 6:19am
Quoting dantpm
{quote} There is nothing out this week that suggests higher rates continuing much longer!
What about the numbers? The numbers were even worse than initial prediction, indicating a significant deviation from expectations.
Don't trade what you think. Just what you see!!!
  • #741,162
  • Apr 14, 2023 6:21am Apr 14, 2023 6:21am
As a purchasing manager is 1.26194 to sell or I buy 1.18100
Keep the Lights on then you can catch the rise from the dark.
  • #741,163
  • Apr 14, 2023 6:21am Apr 14, 2023 6:21am
Let try to long 1.2472
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #741,164
  • Apr 14, 2023 6:26am Apr 14, 2023 6:26am
Quoting Theoak
{quote} What about the numbers? The numbers were even worse than initial prediction, indicating a significant deviation from expectations.
The numbers are very close to what was expected, definitely in line with the trend that was expected.
In any case, the market doesn't 'respect the new releases', after the fact you might see institutional traders putting orders up in an effort to respect the news and move price but that doesn't always work either.
We are price takers not price makers!
  • #741,165
  • Apr 14, 2023 6:32am Apr 14, 2023 6:32am
oops whats going on here.. seems the bear taking control..
any chance for long?
  • #741,166
  • Apr 14, 2023 6:35am Apr 14, 2023 6:35am
Quoting GODofMC
Another long, might be taking it at 10 pips, fryday is freak {image}
Long trap, but still hoold
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #741,167
  • Apr 14, 2023 6:36am Apr 14, 2023 6:36am
2 signals
I caught the 2nd
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot_2023-04-14-16-34-23-535-edit_net.metaquotes.metatrader4.jpg Size: 526 KB
yes yes yes
  • #741,168
  • Apr 14, 2023 6:38am Apr 14, 2023 6:38am
Quoting silverjazz
oops whats going on here.. seems the bear taking control.. any chance for long?
it’s Friday always goes against the trend or data

also Fridays are known for lighting both ends
Insane in the Brain..
  • #741,169
  • Apr 14, 2023 6:40am Apr 14, 2023 6:40am
Quoting dantpm
{quote} The numbers are very close to what was expected, definitely in line with the trend that was expected. In any case, the market doesn't 'respect the new releases', after the fact you might see institutional traders putting orders up in an effort to respect the news and move price but that doesn't always work either. We are price takers not price makers!
While I understand the principle of aligning with price, unfortunately, my current situation doesn't allow for that. Instead, I will focus on following the long term trend.
Don't trade what you think. Just what you see!!!
  • #741,170
  • Apr 14, 2023 6:42am Apr 14, 2023 6:42am
Quoting Theoak
{quote} While I understand the principle of aligning with price, unfortunately, my current situation doesn't allow for that. Instead, I will focus on following the long term trend.
Do whatever works for you!
  • #741,171
  • Apr 14, 2023 6:45am Apr 14, 2023 6:45am
It's amazing how it's tapped that last high during the fast move:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 76 KB
I have no clue where it's going
  • #741,172
  • Apr 14, 2023 6:48am Apr 14, 2023 6:48am
If Sell position hits TP today, I'm taking on a buy position. Buy order 1.2365 TP 1.25
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM104142.png Size: 24 KB
  • #741,173
  • Apr 14, 2023 6:50am Apr 14, 2023 6:50am
Quoting Yngwie
Fake news result hahaha.
Exactly
People don't plan to lose. They lose because they don't plan.
  • #741,174
  • Apr 14, 2023 6:59am Apr 14, 2023 6:59am
Quoting Allle
Long cable 1.247 & looking to add more after we get above 1.25. Trend is your friend
Added one more long
  • #741,175
  • Apr 14, 2023 7:03am Apr 14, 2023 7:03am
So now the US data is good and the pair tanks.. so when it was bad/poor why didn’t it go up. Something not making sense here
Insane in the Brain..
  • #741,176
  • Apr 14, 2023 7:03am Apr 14, 2023 7:03am
Quoting Allle
{quote} Added one more long
I see strong down move on the 4hr. Trade carefully.
#Stay blue. /swinger/scalper/
  • #741,177
  • Apr 14, 2023 7:09am Apr 14, 2023 7:09am
Quoting BeeTogether
So now the US data is good and the pair tanks.. so when it was bad/poor why didn’t it go up. Something not making sense here
The data is positive for the economy but a strong economy is an inflation risk so a greater risk of FED rate increases.
  • #741,178
  • Apr 14, 2023 7:09am Apr 14, 2023 7:09am
Quoting GODofMC
{quote} Long trap, but still hoold
Well stopped out
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #741,179
  • Apr 14, 2023 7:09am Apr 14, 2023 7:09am
my broker did not allow me to long
  • #741,180
  • Apr 14, 2023 7:10am Apr 14, 2023 7:10am
win + 3.7%, today 2 sell trades, 1st stopped out by 1330 Retail Sales news, I had a BE stop that did not hold. Got Back in at a worse price.

+1.2% week,

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-traders-global-group-end-of-week-plus-3-point-7.png Size: 86 KB
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
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