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Cable Update (GBPUSD)

  • #745,141
  • May 11, 2023 7:34am May 11, 2023 7:34am
Quoting dantpm
1.26 magnet?
looks like it. Data was better than last month but as good as expected
Insane in the Brain..
  • #745,142
  • May 11, 2023 7:35am May 11, 2023 7:35am
My theory is that it doesn't matter what the news is. What matters is that there is news.

I think the market already knows what it want's to do and the news event simply creates the volatility it needs to be able to do it. That explains why the price often goes in the opposite direction that it's "meant to" (scare quotes intended)
  • #745,143
  • May 11, 2023 7:39am May 11, 2023 7:39am
The 2 hour timeframe looks very wyckoffian

It's not something I really subscribe to but I can see it at least.
  • #745,144
  • May 11, 2023 7:40am May 11, 2023 7:40am
can anyone help me please,my forex funds website is not opening can anyone look and tell me if it's letting you login
  • #745,145
  • May 11, 2023 7:42am May 11, 2023 7:42am
Quoting AlfieSolomon
can anyone help me please,my forex funds website is not opening can anyone look and tell me if it's letting you login
Forex funds or true forex funds?
  • #745,146
  • May 11, 2023 7:43am May 11, 2023 7:43am
I got taken out by that spike. At my exact SL
Felt personal.

Market didn't move much.
And we're still in a flag range.
Idk which direction are we heading but I'll go with bearish bias based on H4 tf.
Exhausted
  • #745,147
  • May 11, 2023 7:44am May 11, 2023 7:44am
Quoting Mitiblotch
{quote} Forex funds or true forex funds?
Myforexfunds
  • #745,148
  • May 11, 2023 7:45am May 11, 2023 7:45am
Quoting AlfieSolomon
{quote} Myforexfunds

Oh I see. I know about true forex funds.
  • #745,149
  • May 11, 2023 7:46am May 11, 2023 7:46am
Quoting AlfieSolomon
can anyone help me please,my forex funds website is not opening can anyone look and tell me if it's letting you login
work fine, don't worry bit bussy maybe
https://breakpullback.com
  • #745,150
  • May 11, 2023 7:52am May 11, 2023 7:52am
I hate magnets
  • #745,151
  • May 11, 2023 7:55am May 11, 2023 7:55am
Quoting JackintheBox
Watch USD/JPY. 60 pips in 2 Minutes. Anybody knows why it is so volatile these days? Everbody trading there because of Interest rates (long USD/JPY ~ 4% p.a)
Volatility for JPY pairs were triggered by recent BoJ policy announcements, it' has remained that way like for a week.
Exhausted
  • #745,152
  • May 11, 2023 7:58am May 11, 2023 7:58am
Quoting AlfieSolomon
can anyone help me please,my forex funds website is not opening can anyone look and tell me if it's letting you login
working for me.
Intraday only.
  • #745,153
  • May 11, 2023 8:02am May 11, 2023 8:02am
Planning to close all positions in 15 - 20 mins later and call it a day.
Don't wanna stress myself at looking on the charts anymore.
Less stress better trades.
Exhausted
  • #745,154
  • May 11, 2023 8:10am May 11, 2023 8:10am
Quoting Elysion
Planning to close all positions in 15 - 20 mins later and call it a day. Don't wanna stress myself at looking on the charts anymore. Less stress better trades.

Close all, even though I think
1) price will move lower for GU
2) price will move higher for EURAUD.

Took some extra risk and made good profits in 30 mins.
Trade save peeps.


Edit: Close to being 0% loss today. Had one actual loss and one spike SL taken out by market.
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Exhausted
  • #745,155
  • May 11, 2023 8:17am May 11, 2023 8:17am
Quoting BrainBucks
I hate magnets
the magnet to 125 seems to be getting stronger my young Padawan
Insane in the Brain..
  • #745,156
  • May 11, 2023 8:17am May 11, 2023 8:17am
Long Gu @ 2556 to target 2610 levels. stops @ 2510 levels
  • #745,157
  • May 11, 2023 8:18am May 11, 2023 8:18am
Quoting Pat Chiko
{quote} UK Official Bank Rate Markets are expecting the BoE to hike by 25 bps to 4.5% —
GU

Double High impact data release with UK Bank Rate and US Core PPI.
Price filled FVG at supply zone and push down once get filled.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #745,158
  • May 11, 2023 8:21am May 11, 2023 8:21am
Quoting ForexGoose
I think that selling rallies after the BOE tomorrow will be good i put in a sell limit at 1.266
i should have sold near 1.26 earlier
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #745,159
  • May 11, 2023 8:23am May 11, 2023 8:23am
Quoting ForexGoose
{quote} i should have sold near 1.26 earlier
You and me both.
  • #745,160
  • May 11, 2023 8:25am May 11, 2023 8:25am
All out!!!
The mf is already at 1.25440
Another 100 $ withdrawal bite the dust
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yes yes yes
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