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Cable Update (GBPUSD)

  • #749,501
  • Jun 5, 2023 2:43am Jun 5, 2023 2:43am
Quoting Waveskierrob
{quote} added SHORT to my GU FF trades @ 1.2525 no to no sl ...
Will keep this bad boy open..., good to see a lot of live trades posted this morning .....
  • #749,502
  • Jun 5, 2023 2:48am Jun 5, 2023 2:48am
Short 12398, SL 12408, TP 12378. Low confidence trade so SL and TP are tight, was hoping for more of a pullback. Final trade for today.
  • #749,503
  • Jun 5, 2023 2:51am Jun 5, 2023 2:51am
Long GU

could be wrong, trade safe guys

cheers
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my loss is your gain
  • #749,504
  • Jun 5, 2023 2:53am Jun 5, 2023 2:53am
Added a good position.
You have an IQ lower than 90 if you interact with this user.
  • #749,505
  • Jun 5, 2023 2:58am Jun 5, 2023 2:58am
what are the chances of a recovery to 1.2475-1.25 in the next day or two

wanted to get a longer term trade in to break 1.23 just hope the train hasn't left

was thinking on Friday to leave NFP short open over the weekend but couldn't bring myself to do it
  • #749,506
  • Jun 5, 2023 3:01am Jun 5, 2023 3:01am
Quoting mysterio
what are the chances of a recovery to 1.2475-1.25 in the next day or two wanted to get a longer term trade in to break 1.23 just hope the train hasn't left was thinking on Friday to leave NFP short open over the weekend but couldn't bring myself to do it
Unless it has a strong retrace today, I don't see us going back as high as 1.2475-1.25 until trend changes according to my system.
  • #749,507
  • Jun 5, 2023 3:01am Jun 5, 2023 3:01am
If in doubt, buy a US Government Promise.
  • #749,508
  • Jun 5, 2023 3:05am Jun 5, 2023 3:05am
Quoting Scotteyy
{quote} Unless it has a strong retrace today, I don't see us going back as high as 1.2475-1.25 until trend changes according to my system.
Okay now that we know what your system is telling won't happen, what is it telling you will happen ?
  • #749,509
  • Jun 5, 2023 3:09am Jun 5, 2023 3:09am
This is my estimate at the following two days
See how todays UK daily open deflected price in late asia
cannot believe i didn't see that
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  • #749,510
  • Jun 5, 2023 3:11am Jun 5, 2023 3:11am
Quoting dantpm
{quote} Okay now that we know what your system is telling won't happen, what is it telling you will happen ?
It's telling me we are in a downtrend, 15m 200MA currently sits at 12485. Hence, we could pullback up to that level. If we continue down, then by tomorrow it will be much lower and going back up to that level would require a trend reversal. I use pivots and price action to make entries, 200ma to determine trend.
  • #749,511
  • Jun 5, 2023 3:14am Jun 5, 2023 3:14am
Very attractive level to buy. I'm long from 1.239, SL - May low(1.2309), TP Friday high (1.2545)
  • #749,512
  • Jun 5, 2023 3:18am Jun 5, 2023 3:18am
Quoting dantpm
{quote} Okay now that we know what your system is telling won't happen, what is it telling you will happen ?
Haha dantpm always pressing for information
You have an IQ lower than 90 if you interact with this user.
  • #749,513
  • Jun 5, 2023 3:20am Jun 5, 2023 3:20am
Quoting Scotteyy
{quote} Unless it has a strong retrace today, I don't see us going back as high as 1.2475-1.25 until trend changes according to my system.
Thanks

Think I figured it out

I see 1.2475-1.25 Tuesday London session
  • #749,514
  • Jun 5, 2023 3:20am Jun 5, 2023 3:20am
Quoting Ferna
{quote} Haha dantpm always pressing for information


I am on a lifelong learning journey!
  • #749,515
  • Jun 5, 2023 3:22am Jun 5, 2023 3:22am
Quoting dantpm
{quote} I am on a lifelong learning journey!
I'd advise learning from a more experienced trader, that's not something I pretend to be. Haha.
  • #749,516
  • Jun 5, 2023 3:25am Jun 5, 2023 3:25am
Quoting jayvicious
{quote} What harmonic indicator is that you're using?
made by great programmer ...in bandung indonesia.
not euphoria follower
  • #749,517
  • Jun 5, 2023 3:25am Jun 5, 2023 3:25am
Quoting Scotteyy
{quote} I'd advise learning from a more experienced trader, that's not something I pretend to be. Haha.
I am constantly learning from people that know less than I do! Funny how that works!
  • #749,518
  • Jun 5, 2023 3:26am Jun 5, 2023 3:26am
Quoting eyefeelsix
{quote} target2 reached, again.. take profits in half {image}

Gasss keunnn
not euphoria follower
  • #749,519
  • Jun 5, 2023 3:30am Jun 5, 2023 3:30am
Some Uk data in half hour on dailyfx it’s not red sticker but as I saw the other day a low risk event sent the pair all over the place last week
Insane in the Brain..
  • #749,520
  • Jun 5, 2023 3:34am Jun 5, 2023 3:34am
Quoting Bella.al
Pre-Trading Analysis : GBPUSD Date : 05.06.2023 GMT Time :06:16 AM Trend Change Trigger : NULL Current Trend 4Hrs : Down Trend Daily Pivot : 1.24770 Yesterday's High : 1.25442 Yesterday's Low : 1.24410 An area of resistance has formed at yesterday's high 1.25442 as traders for whatever reason, determined that swing high is a good value. My Principles of Trend Direction states we are in down trend and require to hold below 1.24435 lvl by Bears. Daily Pivot is at 1.24770. On the Upside a break above said resistance ( 1.24435 ) could re-challange Pivot...
Update
GMT Time : 08:28 AM
I wanted to update my charts after the 4HR Bar went too low from 1.24002 lvl ( Depth ). New LH is now formed at Friday's High 1.25442.
waiting for my trading time to arrive between 10:30-11:00 AM GMT

Bella's Trend Trigger
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Goddess of Thunder..
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