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Cable Update (GBPUSD)

  • #742,961
  • Apr 27, 2023 1:45am Apr 27, 2023 1:45am
Back to 1.2430?
  • #742,962
  • Apr 27, 2023 1:47am Apr 27, 2023 1:47am
Quoting Pat Chiko
{quote} Thanks Moty. GBP USD I copy your SHORT Scalping trades....... {image}


Help Wanted.... Please help me........

GU

help me to determine this trade.

Some Newbie question here.
I've put my target.
Is it possible price to reach there by NYO ?.

Thank you for hel ing me.

Let me hear your noise in Foresight.....
Not interested in Hindsight remarks or comment.


Thank You
PAT
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #742,963
  • Apr 27, 2023 1:55am Apr 27, 2023 1:55am
Quoting Pat Chiko
{quote} Thank You for your insight. We all can learn something here. Keep it up and share your view. Best Wishes PAT
You are welcome, we all need to keep learning and take not on what others see. We often forget about time frames, a lot of people scalp and swing it's not all long term , so just because you see people shorting...this doesn't mean they are net short, they just are day trading and grabbing profits where they can
  • #742,964
  • Apr 27, 2023 2:00am Apr 27, 2023 2:00am
My view for GBPUSD today!
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  • #742,965
  • Apr 27, 2023 2:07am Apr 27, 2023 2:07am
Looks like today is the day I give it all back
  • #742,966
  • Apr 27, 2023 2:21am Apr 27, 2023 2:21am
Quoting Phil_GMT
{quote} This range will may end on next week Wednesday FOMC/FED FUNDS RATE or NFP Friday. Those of us that rely on a trend, need to sit on our hands. Traders like Pat Chiko, can continue trade all conditions...
eheh
Quoting Luxyus
{quote} no hurry, High Of the Month already reached imho, i m holding my sells from ~ 1.2530 untill 1.22
Quoting Luxyus
still holding, range is still the same.. {image}
chaos is just unknown order
  • #742,967
  • Apr 27, 2023 2:22am Apr 27, 2023 2:22am
I guess my caveat of saying it could have been luck was true.
  • #742,968
  • Apr 27, 2023 2:38am Apr 27, 2023 2:38am
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yes yes yes
  • #742,969
  • Apr 27, 2023 2:39am Apr 27, 2023 2:39am
in as much as price stays above 1245ish the
likely hood of moving to higher prices
still remain intact.
Keep the Lights on then you can catch the rise from the dark.
  • #742,970
  • Apr 27, 2023 2:49am Apr 27, 2023 2:49am
Feels like a sell but I can't take any positions. Perhaps I'll wait.
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The market hides a perfect geometry.
  • #742,971
  • Apr 27, 2023 2:53am Apr 27, 2023 2:53am
Quoting BrainBucks
At some point, the bears gotta get pissed by this 460-70 zone and just bulldoze through that joint, right?
Bears being too patient for my liking. What in da world would it take to just stay under 460??
I mean, like....gaddem! Just fall back already!
  • #742,972
  • Apr 27, 2023 2:57am Apr 27, 2023 2:57am
Quoting BrainBucks
{quote} Bears being too patient for my liking. What in da world would it take to just stay under 460?? I mean, like....gaddem! Just fall back already!
The USDX is in a very tight range and seems to be holding GU in it.
  • #742,973
  • Apr 27, 2023 2:57am Apr 27, 2023 2:57am
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yes yes yes
  • #742,974
  • Apr 27, 2023 3:01am Apr 27, 2023 3:01am
Maybe a lower ranging area now till data later..
Insane in the Brain..
  • #742,975
  • Apr 27, 2023 3:02am Apr 27, 2023 3:02am
Quoting Moty
{image}
Congrats, you managed to hold a trade with 60+% drawdown on your balance in the vain hope of luck. One day you'll realise that isn't a sustainable way to trade.
  • #742,976
  • Apr 27, 2023 3:02am Apr 27, 2023 3:02am
Quoting dantpm
{quote} The USDX is in a very tight range and seems to be holding GU in it.
I envy you guys who simultaneously monitor these different markets.
I tend to stay glued ONLY to the GU and just shut out the rest of everything else.
I'm happy folks like you chip in to keep us updated about happenings elsewhere which obviously have consequences for the Cable.
Thank you.
  • #742,977
  • Apr 27, 2023 3:03am Apr 27, 2023 3:03am
almost ready to test 200MA @1.2346 on TF H4
chaos is just unknown order
  • #742,978
  • Apr 27, 2023 3:06am Apr 27, 2023 3:06am
It's pay day, I'm adding longs lol,.we shall see what happens
  • #742,979
  • Apr 27, 2023 3:07am Apr 27, 2023 3:07am
Long small risk. 1.2458 SL 1.2445
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #742,980
  • Apr 27, 2023 3:11am Apr 27, 2023 3:11am
Quoting Moty
{image}
Hey Moty,
I can relate with your style of trading. I've been there a thousand times. Hard to admit that I'm not simply gambling wen I trade like that.
But what I have found at is that, for a trader like you, a hundred - even two hundred - percent turnover in a single business day is not unusual.
With that appetite, something as "ridiculous" as seeking what is usually a monumental 5% daily profit, may seem like in a walk in the park for you.
But, if you had maybe $250 to set aside and seek 5% only per day, Moty, you'd be a millionaire sometime before this same time next year.
Just a humble suggestion for you, is what this is. I can imagine you most likely know all this.
Respect!
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