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Cable Update (GBPUSD)

  • #744,121
  • May 4, 2023 8:02am May 4, 2023 8:02am
Quoting Whale
{quote} Can i hold short without fold it like a pussy after few pips? {image}
  • #744,122
  • May 4, 2023 8:04am May 4, 2023 8:04am
This is why GBPJPY also called the dragon or the widow-maker is the best. It gives you instant judgement as it sometimes regularly punches 300--400 pips per day. TP or SL happens in a blink.
  • #744,123
  • May 4, 2023 8:08am May 4, 2023 8:08am
Cmon dxy don't lose it
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  • #744,124
  • May 4, 2023 8:10am May 4, 2023 8:10am
Quoting dantpm
{quote} Seems to like this area today. {image}
yup. Sleeper day again. Crazy alas both FOMC and EU rates should be a real mover. I’ve had more movement to the kitchen and back today
Insane in the Brain..
  • #744,125
  • May 4, 2023 8:12am May 4, 2023 8:12am
Quoting Mitiblotch
This is why GBPJPY also called the dragon or the widow-maker is the best. It gives you instant judgement as it sometimes regularly punches 300--400 pips per day. TP or SL happens in a blink.
Sounds like a roller coaster that might be worth riding
  • #744,126
  • May 4, 2023 8:13am May 4, 2023 8:13am
Quoting BeeTogether
{quote} yup. Sleeper day again. Crazy alas both FOMC and EU rates should be a real mover. I’ve had more movement to the kitchen and back today
. but we've had quite decent movement today in fairness to the markets.
  • #744,127
  • May 4, 2023 8:14am May 4, 2023 8:14am
Quoting busifx
{quote} . but we've had quite decent movement today in fairness to the markets.
maybe I’m just used to 100 pip swings on big data days.
Insane in the Brain..
  • #744,128
  • Edited 8:27am May 4, 2023 8:15am | Edited 8:27am
gbp AND eur
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Trendlines H1,H4, SMC
  • #744,129
  • May 4, 2023 8:19am May 4, 2023 8:19am
Quoting BeeTogether
{quote} maybe I’m just used to 100 pip swings on big data days.
Catch enough of them in the right direction for a few pips and you have the daily gans that @navk shows,
  • #744,130
  • May 4, 2023 8:19am May 4, 2023 8:19am
With three red flag events behind us this same day and it's baffling that it's been only a 45-pips range combined Asian-London-New York session so far.
How's this even possible??
Had I blown my account and just been a spectator, methinks we'd have been getting on a 200 pips trading range day!
The psychology of this game keeps on messing with my mind...
  • #744,131
  • May 4, 2023 8:21am May 4, 2023 8:21am
Quoting dantpm
{quote} Catch enough of them in the right direction for a few pips and you have the daily gans that @navk shows,
I’m a nervous scalper, most of my trades go on for days. A few pips and lots of trades makes money it seems
Insane in the Brain..
  • #744,132
  • May 4, 2023 8:23am May 4, 2023 8:23am
Quoting BeeTogether
{quote} I’m a nervous scalper, most of my trades go on for days. A few pips and lots of trades makes money it seems
I concur wholeheartedly!
  • #744,133
  • May 4, 2023 8:26am May 4, 2023 8:26am
Quoting eyefeelsix
{quote} as long as the price stand above 1.2450 I will buy any pullback, 1.2800 is my peak level for the bull ( medium to long-term trading base ) #FollowWhatTheMarketWants {image}
the price will flow like water, he will looking for the path of least resistance
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https://breakpullback.com
  • #744,134
  • May 4, 2023 8:28am May 4, 2023 8:28am
Quoting OnlineAddict
{quote} GU still has upside business to be done and even safer to buy the dips before and after FED, since Powell is now out of hikes...and the talk will shift to cutting instead. So both EU and GU should be bullish until mid week...and then on thursday Lagarde will fuck EU up again.
This worked out more than fine.
Everyone can see the chart, but only a few can actually read it.
  • #744,135
  • May 4, 2023 8:31am May 4, 2023 8:31am
Quoting BeeTogether
{quote} I’m a nervous scalper, most of my trades go on for days. A few pips and lots of trades makes money it seems
add an ea for exiting them quickly when you are in the money...
You have to 'see them'.
  • #744,136
  • May 4, 2023 8:35am May 4, 2023 8:35am
H&s
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yes yes yes
  • #744,137
  • May 4, 2023 8:39am May 4, 2023 8:39am
Quoting Moty
H&s{image}
So a nice move down next?
Insane in the Brain..
  • #744,138
  • May 4, 2023 8:54am May 4, 2023 8:54am
small scalp for 10 pips
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  • #744,139
  • May 4, 2023 8:55am May 4, 2023 8:55am
back to short gbp/jpy
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yes yes yes
  • #744,140
  • May 4, 2023 8:55am May 4, 2023 8:55am
Heaven for scalper.... but nightmare for me!
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