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Cable Update (GBPUSD)

  • #741,361
  • Apr 17, 2023 4:44am Apr 17, 2023 4:44am
easy risk for short in the zone
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  • #741,362
  • Apr 17, 2023 4:45am Apr 17, 2023 4:45am
The bullish price sentiment is not over yet
Lost in Narrative
  • #741,363
  • Apr 17, 2023 4:50am Apr 17, 2023 4:50am
pretty boring session so far as i thought based on the USD index ....better to wait.
  • #741,364
  • Apr 17, 2023 4:50am Apr 17, 2023 4:50am
Quoting R4sh
The bullish price sentiment is not over yet
Agreed. External Structure (4hr) remains bullish. LL not yet formed.
More time in the market, does not mean you trade better!
  • #741,365
  • Apr 17, 2023 4:58am Apr 17, 2023 4:58am
Todays high looks like a current resistance area break above maybe see 12450..
Insane in the Brain..
  • #741,366
  • Apr 17, 2023 5:01am Apr 17, 2023 5:01am
Quoting Pat Chiko
{quote} Where are you now. ? Still in Moscow or you already moved to Labanon ? Difficult to keep track of your moves..
Still in Switzerland, French part.....spring is around the corner.
Lost....
  • #741,367
  • Apr 17, 2023 5:05am Apr 17, 2023 5:05am
Quoting gespiri
{quote} Still in Switzerland, French part.....spring is around the corner.
Nice place to be/
Wish you the best in trading.

Hope to meet you in person one day.
BTW, thiis last week of fasting before Eid on Friday/Saturday.

May not be aggressive in trading as wont be around to look at chart during festive days.
May get active one week after the celebration.

Take Care & stay Cool Bro.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #741,368
  • Apr 17, 2023 5:09am Apr 17, 2023 5:09am
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yes yes yes
  • #741,369
  • Apr 17, 2023 5:12am Apr 17, 2023 5:12am
The time is NOW
  • #741,370
  • Apr 17, 2023 5:17am Apr 17, 2023 5:17am
Quoting eyefeelsix
easy risk for short in the zone {image}
its not risky because the zone is tiny, but from my experience it will go to the discount zone.
Higher than 50%
above 1.246
  • #741,371
  • Apr 17, 2023 5:32am Apr 17, 2023 5:32am
Quoting Whale
{quote} its not risky because the zone is tiny, but from my experience it will go to the discount zone. Higher than 50% above 1.246
ok I print out for the red zone
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  • #741,372
  • Apr 17, 2023 5:32am Apr 17, 2023 5:32am
Quoting ScalaFX
Good morning all! Good trading folks! Wish all green pips! Im curentlly shorting EU from last week, all positions protected and shorted Gold 2012 SL 2020 TP 1995, cheers!
Closed all, price dont want to slip maybe under 2000 I buy some
People don't plan to lose. They lose because they don't plan.
  • #741,373
  • Apr 17, 2023 5:36am Apr 17, 2023 5:36am
Quoting ScalaFX
{quote} Closed all, price dont want to slip maybe under 2000 I buy some
I love this no trade, time for a coffee
  • #741,374
  • Apr 17, 2023 5:37am Apr 17, 2023 5:37am
Quoting eyefeelsix
easy risk for short in the zone {image}
GU

Both the US Federal Reserve and the Bank of England have hiked rates over the last year, keeping the interest rate differential between the two currencies roughly equal.
Going forward this may change with the Fed likely to pause before starting to cut rates later this year while the BoE may have another
hike before they pause.
While the rate differential between the two currencies may not widen dramatically, sentiment may underpin GBP/USD.

Closed all scalping position

Expecting trading sideways until Friday.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #741,375
  • Apr 17, 2023 5:39am Apr 17, 2023 5:39am
This is the difference between a profit in your pocket and a position that is headed for a loss. I saw this small peak where the price stopped and I exited manually instead of sitting and praying that it would go up a little more for my take profit, I lost houses on situations like that when I did not do this
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yes yes yes
  • #741,376
  • Apr 17, 2023 5:46am Apr 17, 2023 5:46am
Quoting Pat Chiko
{quote} Nice place to be/ Wish you the best in trading. Hope to meet you in person one day. BTW, thiis last week of fasting before Eid on Friday/Saturday. May not be aggressive in trading as wont be around to look at chart during festive days. May get active one week after the celebration. Take Care & stay Cool Bro. PAT
And to you, Pat. You've opened my eyes regarding S/R levels through your contributions in this thread.
Ramadan Mubarak.
Lost....
  • #741,377
  • Apr 17, 2023 5:46am Apr 17, 2023 5:46am
In a sell for 15 pips
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  • #741,378
  • Apr 17, 2023 5:48am Apr 17, 2023 5:48am
Quoting ScalaFX
{quote} Closed all, price dont want to slip maybe under 2000 I buy some
waiting for long entry
People don't plan to lose. They lose because they don't plan.
  • #741,379
  • Apr 17, 2023 5:49am Apr 17, 2023 5:49am
Quoting Pat Chiko
{quote} GU Both the US Federal Reserve and the Bank of England have hiked rates over the last year, keeping the interest rate differential between the two currencies roughly equal. Going forward this may change with the Fed likely to pause before starting to cut rates later this year while the BoE may have another hike before they pause. While the rate differential between the two currencies may not widen dramatically, sentiment may underpin GBP/USD. Closed all scalping position Expecting trading sideways until Friday. {image}
I'm lack on news and fundamental, one of the ways that I have to find out that information is to see the Cstrength index in my chart, but yes sideways in a fairly high range until friday is possible ( we're on 4th wave in my EW counting H4 )
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  • #741,380
  • Apr 17, 2023 5:50am Apr 17, 2023 5:50am
GU is going way down .
Do see it retractable this time ,it hit all pivot points that guarantee it's falll
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