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Cable Update (GBPUSD)

  • #748,221
  • May 30, 2023 4:38am May 30, 2023 4:38am
Quoting GODofMC
{quote} scary, there is daily candle before that shoot up to 400 pips one night
That was BOJ announcements on their monetary policy.
High risk trade day.
Exhausted
  • #748,222
  • May 30, 2023 4:45am May 30, 2023 4:45am
sell 1.2410... target 1.2360
Data + Stat + Risk/Emotions Management
  • #748,223
  • May 30, 2023 4:54am May 30, 2023 4:54am
Quoting Georginson
sell 1.2410... target 1.2360
we might have been caught in a new dealing range?
You have an IQ lower than 90 if you interact with this user.
  • #748,224
  • May 30, 2023 4:55am May 30, 2023 4:55am
testing short...price need to breath before more bull..
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  • #748,225
  • May 30, 2023 5:07am May 30, 2023 5:07am
Morning all! Crazy spike to wake up to! Seems we’ve had a 100 pip range already! Saw a big drop a few hours ago and now we on the higher end! Is there anything that’s happened? No data as far as I can see
Insane in the Brain..
  • #748,226
  • May 30, 2023 5:08am May 30, 2023 5:08am
absolutely fabulous profits. A bit to flexible than ordinary.
Maybe the short will fall through now? Or its to early.
You have an IQ lower than 90 if you interact with this user.
  • #748,227
  • May 30, 2023 5:08am May 30, 2023 5:08am
Quoting Luxyus
first sell limit placed on MA 50 TF H4 triggered, other waiting @1.2408 and 1.2424. monthly plan for June. {image}
well first battery in
chaos is just unknown order
  • #748,228
  • May 30, 2023 5:09am May 30, 2023 5:09am
Quoting BeeTogether
Morning all! Crazy spike to wake up to! Seems we’ve had a 100 pip range already! Saw a big drop a few hours ago and now we on the higher end! Is there anything that’s happened? No data as far as I can see
Hi, it could be jitters over this or just some random move 1st upside b/o of 1hr range? Republicans speak out against U.S. debt-ceiling deal, in sign of rocky road ahead | Forex Factory
Trader with an Edge.
  • #748,229
  • May 30, 2023 5:11am May 30, 2023 5:11am
Quoting ScalaFX
Nice shots EU and GOLD, closing half from both and rest protecting waiting for more...
closing all nice day waiting for new setups
People don't plan to lose. They lose because they don't plan.
  • #748,230
  • May 30, 2023 5:11am May 30, 2023 5:11am
Quoting Headland
{quote} Hi, it could be jitters over this or just some random move 1st upside b/o of 1hr range? Republicans speak out against U.S. debt-ceiling deal, in sign of rocky road ahead | Forex Factory
makes sense. As there isn’t anything going on elsewhere aside from debt ceiling talk.
Insane in the Brain..
  • #748,231
  • May 30, 2023 5:11am May 30, 2023 5:11am
Quoting Headland
{quote} Hi, it could be jitters over this or just some random move 1st upside b/o of 1hr range? Republicans speak out against U.S. debt-ceiling deal, in sign of rocky road ahead | Forex Factory
They don't need all of the Republicans to vote in favor of the legislation, this is probably posturing by politicians who want to get re-elected in their ridings.
  • #748,232
  • May 30, 2023 5:12am May 30, 2023 5:12am
Quoting BeeTogether
Morning all! Crazy spike to wake up to! Seems we’ve had a 100 pip range already! Saw a big drop a few hours ago and now we on the higher end! Is there anything that’s happened? No data as far as I can see
For mee looks like Wyckoff accumulation at a strong demand Zone.
Last 4hr LH not yet taken to produce a valid MSS
High probability for Price to return to mitigate the 1hr Unmitigated Demand Zone at 1.2292, sweep all weak hands
More time in the market, does not mean you trade better!
  • #748,233
  • May 30, 2023 5:13am May 30, 2023 5:13am
Quoting BeeTogether
Morning all! Crazy spike to wake up to! Seems we’ve had a 100 pip range already! Saw a big drop a few hours ago and now we on the higher end! Is there anything that’s happened? No data as far as I can see
Guru very overbought....needs to rest R pump then dumb...
average dude treading water
  • #748,234
  • May 30, 2023 5:14am May 30, 2023 5:14am
... widescreen 1hr view to show the potential res overhead current dly hi...fibs also (not shown) 2 of which are @/around current dly hi (see my prev 4hr chart post.) Next fibs after these - that 3 fib cluster 2446-55. Price today has currently traveled 118% of 30day adr.

1hr below

Quoting dantpm
{quote} They don't need all of the Republicans to vote in favor of the legislation, this is probably posturing by politicians who want to get re-elected in their ridings.
..Yeh, but that assumes all Democrats will go with it?
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Trader with an Edge.
  • #748,235
  • May 30, 2023 5:20am May 30, 2023 5:20am
Got my sells at R 2454-67...
average dude treading water
  • #748,236
  • May 30, 2023 5:20am May 30, 2023 5:20am
Quoting Headland
... widescreen 1hr view to show the potential res overhead current dly hi...fibs also (not shown) 2 of which are @/around current dly hi (see my prev 4hr chart post.) Next fibs after these that 3 fib cluster 2446-55. Price today has currently traveled 118% of 30day adr. 1hr below {quote} ..Yeh, but that assumes all Democrats will go with it? {image}

Every senator with a military base or a riding dependent on federal funds will go for it no matter what party they represent!
  • #748,237
  • May 30, 2023 5:22am May 30, 2023 5:22am
Quoting Waveskierrob
{quote} Thanks for the money ninner, just closed my SHORT for massive profit, be rest assured I will spend your money wisely ......LOL
Hi Rob,

If you don't mind answering, how long were you in the GBPUSD trade, how many pips were you under, and how many trades were opened to average the price? This is a great trade to dissect with regards to the patience required, keeping a cool head while in drawdown, and the trade management decisions needed to pull the basket of trades into profit...

Best,

Dave
  • #748,238
  • May 30, 2023 5:23am May 30, 2023 5:23am
I honestly don't know what MM is up to today but the trader has been paid!

Let's see what NY Session holds.
  • #748,239
  • May 30, 2023 5:31am May 30, 2023 5:31am
Quoting dantpm
{quote} Every senator with a military base or a riding dependent on federal funds will go for it no matter what party they represent!
The senators got their own military bases!?
You have an IQ lower than 90 if you interact with this user.
  • #748,240
  • May 30, 2023 5:36am May 30, 2023 5:36am
Quoting Ferna
{quote} The senators got their own military bases!?

So to speak!
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