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Cable Update (GBPUSD)

  • #743,821
  • May 3, 2023 3:21am May 3, 2023 3:21am
Quoting Wavegarrick
{quote} I was over eager with the above trades. Nevertheless all good now. 202 pips in Gu closed trades for the week. The pullback certainly deeper than I anticipated. Bulls need a strong push back above 1.25500. Take care. Cheers.{image} {image}
Seems like a bit of creative accounting to me getting 200 pips from an 80 pip move?
  • #743,822
  • May 3, 2023 3:22am May 3, 2023 3:22am
Quoting gespiri
{quote} Moty, set your TP and SL to fix this. All I know is about that gap on my 1hr at 1.2541.....

and if if breaks 12541 last weeks high is open
Insane in the Brain..
  • #743,823
  • May 3, 2023 3:30am May 3, 2023 3:30am
Quoting BeeTogether
{quote} and if if breaks 12541 last weeks high is open
fomc maybe can make it happen
  • #743,824
  • May 3, 2023 3:32am May 3, 2023 3:32am
Quoting voeltoez
{quote} fomc maybe can make it happen
yeah. Although I’d like to be quite clear of an open trade at that time. (I do have bad FoMo)
Insane in the Brain..
  • #743,825
  • May 3, 2023 3:47am May 3, 2023 3:47am
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  • #743,826
  • May 3, 2023 3:48am May 3, 2023 3:48am
Quoting Moty
I just know that if i take profit at 1.25116 It will continue to go up And if i don't it will retrace
i stayed
All out
I took 101 $ in those last trades in total
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yes yes yes
  • #743,827
  • May 3, 2023 3:50am May 3, 2023 3:50am
TP open. 300 pips SL
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Consistency.
  • #743,828
  • May 3, 2023 3:51am May 3, 2023 3:51am
Quoting Yngwie
{quote} Untouchable 1.2520. Now bullish above 1.2450
Nice. close all position
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #743,829
  • May 3, 2023 4:37am May 3, 2023 4:37am
Took short eu
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yes yes yes
  • #743,830
  • May 3, 2023 4:40am May 3, 2023 4:40am
Quoting Nala66
{quote} Seems like a bit of creative accounting to me getting 200 pips from an 80 pip move?
Wow !!!!!????. No creative accounting here Chap.
This report is from the beginning of the week with one trade overlapping from last week. That trade alone was 94 pips. The rest are made up with smaller (weaker) trades closed. 15 trades in all this week which make up 202 pips for the week in closed trades and $94.59c. I have been posting in this thread since 2017 and no need to bullshit Folks here. I have nothing to prove.
Attached for your perusal.
Cheers.
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Trade to trade another day
  • #743,831
  • May 3, 2023 4:50am May 3, 2023 4:50am
Damn it just close the 12540 area so I can sit back and chill till FOMC
Insane in the Brain..
  • #743,832
  • May 3, 2023 4:55am May 3, 2023 4:55am
A bit of a chess match between me and GU today.
My pawns are being annihilated, having believed my 2525 boundary would be respected.
Nooooo...it just swept past my SL and now we're headed right back where I banked on.
Well, my queen still holding her own. I still see chances to secure a checkmate today, especially with FOMC loading!
  • #743,833
  • May 3, 2023 5:20am May 3, 2023 5:20am
Quoting BrainBucks
A bit of a chess match between me and GU today. My pawns are being annihilated, having believed my 2525 boundary would be respected. Nooooo...it just swept past my SL and now we're headed right back where I banked on. Well, my queen still holding her own. I still see chances to secure a checkmate today, especially with FOMC loading!
you looking to short? FOMC looks like a rate rise may either be paused soon or the dreaded Recession word slipping out.
Insane in the Brain..
  • #743,834
  • May 3, 2023 5:20am May 3, 2023 5:20am
Quoting Whale
{image}
i changed my SL a lil bit.
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  • #743,835
  • May 3, 2023 5:23am May 3, 2023 5:23am
Short in at 1.2508
Don't trade what you think. Just what you see!!!
  • #743,836
  • May 3, 2023 5:25am May 3, 2023 5:25am
Quoting BeeTogether
{quote} you looking to short? FOMC looks like a rate rise may either be paused soon or the dreaded Recession word slipping out.
Yes, indeed. I'm hardheaded to the downside right now, but I reserve the right to follow the bulls particularly if the daily high is revisited.
I'm not too stubborn to challenge the market. If the price structure changes, I'm following in all humility
  • #743,837
  • May 3, 2023 5:31am May 3, 2023 5:31am
Quoting BrainBucks
{quote} Yes, indeed. I'm hardheaded to the downside right now, but I reserve the right to follow the bulls particularly if the daily high is revisited. I'm not too stubborn to challenge the market. If the price structure changes, I'm following in all humility
although tomorrow could see a big drop if the Tory’s. Get their asses kicked in the local elections.
Insane in the Brain..
  • #743,838
  • May 3, 2023 5:45am May 3, 2023 5:45am
Quoting BeeTogether
{quote} although tomorrow could see a big drop if the Tory’s. Get their asses kicked in the local elections.
Holding positions overnight is a skill I aim to avoid by all means.
And I bet it could sink even 200 pips from here post Tory ass-whooping, but I value my sleep and rest of mind more
  • #743,839
  • May 3, 2023 5:53am May 3, 2023 5:53am
Potentially volatile day ahead today. ADP could set the market tone pre FOMC release. A soft ADP print this morning could send the dollar spiraling lower to test previous yearly lows.

Square and currently eyeing cable suspiciously.
  • #743,840
  • May 3, 2023 5:57am May 3, 2023 5:57am
Long GU here at 2507. TP 2650.
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