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Cable Update (GBPUSD)

  • #744,781
  • May 9, 2023 7:58am May 9, 2023 7:58am
Quoting Yngwie
Test small risk Sold 1.2614 SL 1.2634 (SL Revised)
closed 30p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #744,782
  • May 9, 2023 8:00am May 9, 2023 8:00am
Quoting Coreg2004
{quote} eyefeelsix, I got a full AB=CD pattern before a potential reversal in PRZ for a bullish Gartley pattern. {image}
Coreg, thanks for reminder, at least I can shift my exit zone a bit when under the market pressure

now I see u Mr.G
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https://breakpullback.com
  • #744,783
  • May 9, 2023 8:01am May 9, 2023 8:01am
snooppppppp weeee
When the price hit the high,
drop it like it’s hot

hopefully it goes to 1.25
  • #744,784
  • May 9, 2023 8:10am May 9, 2023 8:10am
Traded higher timeframes today and slowed myself down.
Left some trades open overnight and added some more earlier today. 2% risk per trade. I need to stop doing another entry before my SL is hit as it could have just continued higher.

I've closed out manually even though my target was 1.2550. I thought it might reverse up as it's a new 4 hour candle.

Percentage wise it was a 119% profit.
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  • #744,785
  • May 9, 2023 8:11am May 9, 2023 8:11am
Quoting Ferna
When are they having this debt ceiling meeting, and when is the press conference?
It's a nothing burger - that's why the stock market doesn't care.

The Washington idiots ALWAYS wait until the final hour before raising the limit, turn the page, move on...nothing to see here
  • #744,786
  • May 9, 2023 8:12am May 9, 2023 8:12am
There is not much liquidity when price trends because THATS when price is LOOKING FOR MORE LIQUIDITY in order to start the next auction of prices. So with that being said price is going back to an area of known liquidity to determine if prices are too high or low. Price was overvalued past 1.26 for now but maybe the market accepted those prices and sent price to liquidity to absorb sells and push longs past 1.26 and begin the auction
be a thinker before being a reacter
  • #744,787
  • May 9, 2023 8:14am May 9, 2023 8:14am
I’m going with the trend today
bears maybe work tomorrow
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  • #744,788
  • May 9, 2023 8:15am May 9, 2023 8:15am
XAUUSD and EURUSD shorts closed in profit.
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Funded trader
  • #744,789
  • May 9, 2023 8:16am May 9, 2023 8:16am
Nearly at break even woohoo 12567. Target still 125-12480 although can’t see it just yet
Insane in the Brain..
  • #744,790
  • May 9, 2023 8:21am May 9, 2023 8:21am
Big Fat resistance to short dollar from.
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  • #744,791
  • May 9, 2023 8:24am May 9, 2023 8:24am
Quoting voeltoez
Free fall if break 1.2585 {image}
closing all short..now long..its strong support here 1.2580..bounce here to high..just my feelings..
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  • #744,792
  • May 9, 2023 8:25am May 9, 2023 8:25am
x
  • #744,793
  • May 9, 2023 8:27am May 9, 2023 8:27am
Quoting voeltoez
{quote} closing all short..now long..its strong support here 1.2580..bounce here to high..just my feelings.. {image}

it is looking like it. Damn
Insane in the Brain..
  • #744,794
  • Edited 8:49am May 9, 2023 8:28am | Edited 8:49am
Quoting BeeTogether
Nearly at break even woohoo 12567. Target still 125-12480 although can’t see it just yet
Hopefully it gets there for your trade. From my calculations I have seen this move before. I think it happend 2 weeks ago or so. Monday price goes up. Tuesday London doesn't touch the high of Monday and price just falls off. Wednesday which is a usualy sell day, price instead changes direction and goes up hard. That's what I see happening. They can mix it up a bit but up is the direction except some real supports break.

Weekly pivot is 2573. Without a daily close beneath it, this fall is a scam. Hahaha...
  • #744,795
  • May 9, 2023 8:28am May 9, 2023 8:28am
BE time after being in a 80 $ floating loss
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yes yes yes
  • #744,796
  • May 9, 2023 8:29am May 9, 2023 8:29am
All shorts already exited at 1.2585... this area is the most realistic price is expected to touch this week... Considering the open to low distance of previous weeks being 50 - 75 pips and this has also done 54 pips open to low distance. I will stand aside and observe if 1.2545 can be broken before I can join the sellers again. Otherwise I will sell at higher price around 1.27 zone.
Data + Stat + Risk/Emotions Management
  • #744,797
  • May 9, 2023 8:34am May 9, 2023 8:34am
Quoting Moty
BE time after being in a 80 $ floating loss {image}
i suggest...close before you regret it
  • #744,798
  • May 9, 2023 8:35am May 9, 2023 8:35am
Long 1.2585 SL 1.2575
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #744,799
  • May 9, 2023 8:41am May 9, 2023 8:41am
I hope so. Price hit the line a few minutes ago.
Quoting voeltoez
Free fall if break 1.2585 {image}
Funded trader
  • #744,800
  • May 9, 2023 8:42am May 9, 2023 8:42am
GU gearing up for another bull move potentially.
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