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Cable Update (GBPUSD)

  • #744,601
  • May 8, 2023 2:28am May 8, 2023 2:28am
Quoting pipcenturion
GBPUSD Buy at 1.2649 target open
I will add more buy at 1.2633
  • #744,602
  • May 8, 2023 2:32am May 8, 2023 2:32am
Let's get some 10 pippies
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  • #744,603
  • May 8, 2023 2:40am May 8, 2023 2:40am
Quoting eyefeelsix
{quote} 50% partial-close on yesterday extension 200, rest let the profits run until the goal.. {image}
I keep an eye on the green zone to add my long entries
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https://breakpullback.com
  • #744,604
  • May 8, 2023 2:50am May 8, 2023 2:50am
Quoting Pat Chiko
GU Try some Friday luck here. Something is getting wet here.....{image} Hammer please................

New Week

GU

Stooped out on last week trades.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #744,605
  • May 8, 2023 2:57am May 8, 2023 2:57am
GU

Scalping only as today Holiday in Europe & UK.
May want to trade index for today.
S&P, DJIA and NASDAQ

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #744,606
  • May 8, 2023 3:03am May 8, 2023 3:03am
Out of equity longs -
Smashed EURGBP longs
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Look ahead, Macro=Direction, Levels & Structure = Entry
  • #744,607
  • May 8, 2023 3:15am May 8, 2023 3:15am
Long 1.2637 SL 1.2625
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #744,608
  • May 8, 2023 3:15am May 8, 2023 3:15am
Come on
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yes yes yes
  • #744,609
  • May 8, 2023 3:43am May 8, 2023 3:43am
weak dollar is killing the shorts
  • #744,610
  • May 8, 2023 3:56am May 8, 2023 3:56am
Well I thought I'd come back for one more try...80% lost
  • #744,611
  • May 8, 2023 3:58am May 8, 2023 3:58am
Quoting pipcenturion
{quote} I will add more buy at 1.2633
why you ignoring that ages resistance?
  • #744,612
  • Edited 4:10am May 8, 2023 3:59am | Edited 4:10am
short in at 1.2632 target 1.2624 first
Don't trade what you think. Just what you see!!!
  • #744,613
  • May 8, 2023 4:05am May 8, 2023 4:05am
Quoting MrFanciful
Well I thought I'd come back for one more try...80% lost
House always wins
How to succeed in zero sum game?
  • #744,614
  • May 8, 2023 4:05am May 8, 2023 4:05am
Quoting karankeni
weak dollar is killing the shorts
I believe it is trading algos milking liquidity for their next move.
  • #744,615
  • May 8, 2023 4:07am May 8, 2023 4:07am
Quoting TheForexDen
{quote} Indeed, 83% of retail traders do according to Myfxbook, which usually means more pain (ie price will keep rising).
This is unbacked statement.
How to succeed in zero sum game?
  • #744,616
  • May 8, 2023 4:09am May 8, 2023 4:09am
Quoting dempire1
{quote} This is unbacked statement.

Err, what? The very basics of market movement is the disparity of retail traders v smart money.

https://www.myfxbook.com/community/outlook

Based on live accounts holding over $2 billion.
  • #744,617
  • May 8, 2023 4:10am May 8, 2023 4:10am
Quoting dantpm
{quote} I believe it is trading algos milking liquidity for their next move.

liquidity is collected for the correction.
  • #744,618
  • May 8, 2023 4:12am May 8, 2023 4:12am
Quoting dempire1
{quote} This is unbacked statement.
It isn't about any one currency, it is about the balance of the market. Any one pair doesn't move in a vacuum! You also have to be careful about how often the sentiment measures are updated.
  • #744,619
  • May 8, 2023 4:15am May 8, 2023 4:15am
It's up from here because I have a sell position.
  • #744,620
  • May 8, 2023 4:20am May 8, 2023 4:20am
Quoting MrFanciful
It's up from here because I have a sell position.
I believe it is more about how many retail traders try to jump in and which direction they try to jump in!
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