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Cable Update (GBPUSD)

  • #746,281
  • May 18, 2023 7:55am May 18, 2023 7:55am
Hey, me too!
I just opened sell with EURGBP.
Let's make some money!
Quoting Ferna
exited all GU longs. Added small EUR/GBP position for experiment only.
Funded trader
  • #746,282
  • May 18, 2023 7:56am May 18, 2023 7:56am
Quoting Elysion
{quote} I'm doing this challenge, building up smaller accounts. Getting stuck between lvl 9 - 11 {image}
I am doing a similar challenge but only risking 1% for 40pips a day. I have a target of £2000/month profit in six month. and then do this full time.
  • #746,283
  • May 18, 2023 7:56am May 18, 2023 7:56am
We continue to actively decline, the next stop at the price is 1.2310.
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  • #746,284
  • May 18, 2023 7:59am May 18, 2023 7:59am
Quoting Fix-it
{quote} I am doing a similar challenge but only risking 1% for 40pips a day. I have a target of £2000/month profit in six month. and then do this full time.
good man! Be careful mate, I’ve got too excited many a times and boom lost all. (I do have a huge lack of discipline)
Insane in the Brain..
  • #746,285
  • May 18, 2023 8:02am May 18, 2023 8:02am
GU Long. SL20 pips
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  • #746,286
  • May 18, 2023 8:05am May 18, 2023 8:05am
gbpusd
it can be a nice cup pattern = if yes, we go down
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Trendlines H1,H4, SMC
  • #746,287
  • May 18, 2023 8:05am May 18, 2023 8:05am
Quoting sbmortimer
Hey, me too! I just opened sell with EURGBP. Let's make some money! {quote}
U know there is a huge risk to this. I should have exited when i saw 1.2418, last hope remains with the new york open
You have an IQ lower than 90 if you interact with this user.
  • #746,288
  • May 18, 2023 8:08am May 18, 2023 8:08am
Quoting Fix-it
{quote} I am doing a similar challenge but only risking 1% for 40pips a day. I have a target of £2000/month profit in six month. and then do this full time.
I can readjust and scale it down to 10% but consecutive wrong is still a hefty risk.
And 20 pips been difficult to get recently due to ranges
Exhausted
  • #746,289
  • May 18, 2023 8:11am May 18, 2023 8:11am
Quoting Elysion
{quote} I can readjust and scale it down to 10% but consecutive wrong is still a hefty risk. And 20 pips been difficult to get recently due to ranges
40 pips is my daily target too but as you said with the ranging it’s a nightmare especially recently. Doesn’t help when fomc only moves 50 odd pips
Insane in the Brain..
  • #746,290
  • May 18, 2023 8:13am May 18, 2023 8:13am
Quoting BeeTogether
{quote} good man! Be careful mate, I’ve got too excited many a times and boom lost all. (I do have a huge lack of discipline)
I have discipline , I only put on 2 trade a day If i loos i walk away if i win then i carry on. losses are to as small as possible.
  • #746,291
  • May 18, 2023 8:15am May 18, 2023 8:15am
Just now... Open BUY for all pair versus USD
study of behavior and mind,conscious and unconscious
  • #746,292
  • May 18, 2023 8:19am May 18, 2023 8:19am
Quoting mysterio
{quote} I think we may accumulate for the day, there is still a large amount of unfilled volume on the bid, since we made relative equal lows with yesterdays low this support may be preserved until tomorrow. On friday i expect the lows to be faded and a profit taking day on dxy, so heavy bulls on GU. If 1.24 does hit today then i'll buy {image}
here's my dxy forecast on Sunday compared to today with all my scribbles

we've achieved 24 march high which is the peak of my forecast

i'm not a big Wyckoff guy but I think this sort of level is perfect for profit taking tomorrow

Hence why previous daily POC 1.24 might be a good buy spot for GU. It is countertrend so utmost of caution advised don't follow this blindly unless it fits with your trading plan obviously.
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  • #746,293
  • May 18, 2023 8:20am May 18, 2023 8:20am
Long GU @ 2420 targeting 2477 level. stops @ 2390 levels but will close the trade and run for the hills if DXY breaks above 103.40 new high.

targeting a retest of 103.18
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  • #746,294
  • May 18, 2023 8:23am May 18, 2023 8:23am
Quoting shay14
{quote} here we go....
You spooked the market lol
average dude treading water
  • #746,295
  • May 18, 2023 8:24am May 18, 2023 8:24am
Quoting eyefeelsix
atm buy for loss {image}
cut-reentry buy for medium to long-term only
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https://breakpullback.com
  • #746,296
  • May 18, 2023 8:27am May 18, 2023 8:27am
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  • #746,297
  • May 18, 2023 8:28am May 18, 2023 8:28am
Quoting eyefeelsix
{quote} cut-reentry buy for medium to long-term only {image}
Let’s take this elevator back up to 12470 which would allow for 125-12550 tomorrow
Insane in the Brain..
  • #746,298
  • May 18, 2023 8:28am May 18, 2023 8:28am
Quoting eyefeelsix
{quote} cut-reentry buy for medium to long-term only {image}
Hmmm...but it might still go down more
  • #746,299
  • May 18, 2023 8:35am May 18, 2023 8:35am
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  • #746,300
  • May 18, 2023 8:36am May 18, 2023 8:36am
Quoting BeeTogether
{quote} Let’s take this elevator back up to 12470 which would allow for 125-12550 tomorrow
Ok Bee Let's try
Quoting kenny4real
{quote} Hmmm...but it might still go down more
Hmmm... Really?? ok I'm ready to cut loss, simple is that
https://breakpullback.com
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