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Cable Update (GBPUSD)

  • #748,581
  • May 31, 2023 9:36am May 31, 2023 9:36am
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The market hides a perfect geometry.
  • #748,582
  • May 31, 2023 9:36am May 31, 2023 9:36am
Another 10 pips
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yes yes yes
  • #748,583
  • May 31, 2023 9:37am May 31, 2023 9:37am
Quoting mysterio
{quote} If you're targeting YH, then last Fridays high and Wednesdays high are right there. I think it will take them all in one swoop. Around 1.25 region or just below, can look for a big sell
Brilliant, thank you for the insight, will keep an eye on PA at these levels. R1 at 12462 looks to be a good area to take profits. I've switched my bias to buy based on my system so I'll have to see regarding the big sell. As always will be following trend.
  • #748,584
  • May 31, 2023 9:38am May 31, 2023 9:38am
Quoting Pat Chiko
Today I'm lazy to do analysis. I copy signal from many great traders here. Scalp in/out, then go dinner. Then can enjoy the rest of the evening.
you are the master of trading
  • #748,585
  • May 31, 2023 9:39am May 31, 2023 9:39am
still in it...closed all...
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  • #748,586
  • May 31, 2023 9:39am May 31, 2023 9:39am
Quoting Scotteyy
{quote} Brilliant, thank you for the insight, will keep an eye on PA at these levels. R1 at 12462 looks to be a good area to take profits. I've switched my bias to buy based on my system so I'll have to see regarding the big sell. As always will be following trend.
yes follow your system always, just shooting the breeze
i trade around session highs and lows, daily/weekly highs and lows and daily open almost exclusively
yesterday we had a strong imbalance and break of supply so 1.2350s was likely to give something today
  • #748,587
  • May 31, 2023 9:40am May 31, 2023 9:40am
Quoting Elysion
{quote} My targets are TP1 1.240 - 1.241 TP2 - 1.244 TP3 - 1.247 - 1.248
OK Bro.

Thanks for your signal.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #748,588
  • May 31, 2023 9:40am May 31, 2023 9:40am
Quoting TrAndy1
There is a lot of rebalancing from funds due to their positions. This takes place at month-end on last trading day, especially in the last hour to Londong fixing. So nearly half an hour to go. You can expect more crazy moves next month end, because this is half-year ending and more funds do the rebalancing. This is a common practice.
I see. No wonder I tend to profit more during month end and especially at specific times like quaterly or half year.

Thanks for the info, never knew bout this.
Exhausted
  • #748,589
  • May 31, 2023 9:40am May 31, 2023 9:40am
Quoting shikz
{quote} waited for it to hit TP but reversed, took 7pips that i trailed. we try next time
shikz, you have excellent skills. I read your play-by-play analysis on UJ two days ago, I believe. Trust your judgment. I'm convinced you will be many more times right than wrong. Good luck.
Always trade your own plan...I don't provide trading signals.
  • #748,590
  • May 31, 2023 9:41am May 31, 2023 9:41am
Quoting Coreg2004
{quote} shikz, you have excellent skills. I read your play-by-play analysis on UJ two days ago, I believe. Trust your judgment. I'm convinced you will be many more times right than wrong. Good luck.
nowaday JPY range is so big, which make me so hard to handle it
  • #748,591
  • May 31, 2023 9:41am May 31, 2023 9:41am
Quoting Bella.al
Current Rate : 1.3603 Took a trade after a long time on Cable - Short , luckily it went my way up +45 Pips as i write this and have trailing at +15 Pips Bella's GMT Switch {image}
Out for +15 Pips , Trailing hit.

Bella's GMT Switch
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Goddess of Thunder..
  • #748,592
  • May 31, 2023 9:41am May 31, 2023 9:41am
Quoting alienguy123
{quote} you are the master of trading
More to Master of copy other people trades..............

I'm still a newbie.
Many pro traders in this thread to copy.
Mostly are good traders. (Xcept me)

Takes care
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #748,593
  • May 31, 2023 9:42am May 31, 2023 9:42am
Quoting Moty
Another 10 pips {image} {image}

Big moves today Moty.
You should hold your longs.
At least go for 20 pips.
Exhausted
  • #748,594
  • May 31, 2023 9:43am May 31, 2023 9:43am
back to bussiness
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  • #748,595
  • May 31, 2023 9:44am May 31, 2023 9:44am
Quoting mysterio
{quote} its true but, sheesh that was 60 lots. you can work out how much I let slide cause I was dreaming. trade still running for now
Critical values now for your position. 1.24 and then 1.2414 . but it had difficulties with 1.24
  • #748,596
  • May 31, 2023 9:44am May 31, 2023 9:44am
Quoting mysterio
{quote} yes follow your system always, just shooting the breeze i trade around session highs and lows, daily/weekly highs and lows and daily open almost exclusively yesterday we had a strong imbalance and break of supply so 1.2350s was likely to give something today
My main focus is on daily, weekly, monthly pivots. So clearing the daily pivot at 12394 will be key to taking us higher (in my opinion). I do consider highs/lows as well but it tends to be secondary to pivot levels. Although, I do see people have a lot of success focusing purely on highs and lows so perhaps I should pay more attention to it. I typically determine trend based on price according to the 200MA, yesterday we saw a clean break above hence my biased switched to buy for now. My biggest issue with this system is ranging periods, I can often give back all my profits during these periods. Again thanks for the insight.
  • #748,597
  • May 31, 2023 9:45am May 31, 2023 9:45am
Quoting Pat Chiko
{quote} More to Master of copy other people trades.............. I'm still a newbie. Many pro traders in this thread to copy. Mostly are good traders. (Xcept me) Takes care
i rarely see anyone can post before hand, especially those so call FOREX sifu
you are the rare one
  • #748,598
  • May 31, 2023 9:45am May 31, 2023 9:45am
Quoting alienguy123
{quote} i personally feel if your system can handle one situation well just fully utilize when it happen rather than change your way, perhap it will become not suit for both because in this world no perfect system even algo also can been wipe by human if they get know how the algo system work and do it opposite
But human brain (psychology) doesn't work that way
I tend to get into revenge trading but much lesser compared to previous trades.
And sometimes I divert from my plan only to nake me fail
Exhausted
  • #748,599
  • May 31, 2023 9:46am May 31, 2023 9:46am
Quoting Eren10
{quote} Critical values now for your position. 1.24 and then 1.2414 . but it had difficulties with 1.24

News sellers position are there so... might crack might reject.
Exhausted
  • #748,600
  • May 31, 2023 9:47am May 31, 2023 9:47am
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