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Cable Update (GBPUSD)

  • #750,421
  • Jun 8, 2023 5:29am Jun 8, 2023 5:29am
Moty where is your rocket??
  • #750,422
  • Jun 8, 2023 5:30am Jun 8, 2023 5:30am
Quoting smtchris71
small buy at 1.2461 tp 1.2500. Stop loss 1.2455 Fly cable. Fly fly
not wise… all TF agreed to sell
  • #750,423
  • Jun 8, 2023 5:31am Jun 8, 2023 5:31am
fly me to the moon please
  • #750,424
  • Jun 8, 2023 5:32am Jun 8, 2023 5:32am
Quoting Moty
Come on mister mf 1st tp 1.24800 2nd 1.25000 {image}
Market is selling hard today tomorrow
  • #750,425
  • Jun 8, 2023 5:33am Jun 8, 2023 5:33am
Quoting OperaniyiFx
{quote} not wise… all TF agreed to sell

I quite agree with you but Not until yesterday high is retested
  • #750,426
  • Jun 8, 2023 5:35am Jun 8, 2023 5:35am
Quoting OperaniyiFx
{quote} not wise… all TF agreed to sell
Not sure on your reasoning for this, can you explain? Daily and 4H look bullish to me.
  • #750,427
  • Jun 8, 2023 5:48am Jun 8, 2023 5:48am
Quoting Scotteyy
{quote} Not sure on your reasoning for this, can you explain? Daily and 4H look bullish to me.
from M1 to D1 are all selling agreements
  • #750,428
  • Jun 8, 2023 5:54am Jun 8, 2023 5:54am
Quoting OperaniyiFx
{quote} from M1 to D1 are all selling agreements
Just out of curiosity, what exactly are you looking at to see the uniform selling agreements in all of these time intervals?
  • #750,429
  • Jun 8, 2023 5:56am Jun 8, 2023 5:56am
Damnnnn... I can't catch a break for the past two weeks. In the two weeks before I made a 40% profit. I was fucking technical and accurate. And in the past two weeks, I have just given it back. Whatever I hit it's wrong.
  • #750,430
  • Jun 8, 2023 5:58am Jun 8, 2023 5:58am
Quoting dantpm
{quote} Just out of curiosity, what exactly are you looking at to see the uniform selling agreements in all of these time intervals?
price action
  • #750,431
  • Jun 8, 2023 6:02am Jun 8, 2023 6:02am
Quoting Cetka
Damnnnn... I can't catch a break for the past two weeks. In the two weeks before I made a 40% profit. I was fucking technical and accurate. And in the past two weeks, I have just given it back. Whatever I hit it's wrong.
you're not alone mate, exactly the same story here-- amazing few weeks could not put a foot wrong then this week seems a bit random to me. happens now and again. best not to compound the losses and when you hit a couple of losses in a row take a couple days off
only correlation i can draw is it tends to be the week after an NFP or FOMC that is just a bit uncertain
if you've given back 40% in a week then maybe time to think about hard cut-offs for a week (say if you lose 4-5% max take a step back),another thing to try is to have a range trading setup in yr arsenal
worst thing you can do now is place more trades
I came close to 5% loss this week but have got most of that back thankfully
there's barely a trader alive who is posting gains every single week, if you can recognize it by Monday or Tues just withdraw some of your gains and take yourself out to the country and forget about candlesticks
  • #750,432
  • Jun 8, 2023 6:04am Jun 8, 2023 6:04am
Quoting eyefeelsix
{quote} this sudden drop is not due to the selling pound effect, meaning that the pound will be fine lol I'm see to the possible 100p distance will move in side-way, mayybee! {image}

sorry for the late post, but it's still part of my plans

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 21 KB
https://breakpullback.com
  • #750,433
  • Jun 8, 2023 6:09am Jun 8, 2023 6:09am
Quoting Scotteyy
Long 12463, SL 12456, TP 12500. Not confident so SL is tight.
Out, will stay on side-lines for now. Potential long at daily pivot of 12444.
  • #750,434
  • Jun 8, 2023 6:10am Jun 8, 2023 6:10am
If my SL hits I will renter again long
Insane in the Brain..
  • #750,435
  • Jun 8, 2023 6:22am Jun 8, 2023 6:22am
GU will be very volatile during news at 1:30pm
the mounted pressure is much…. The sell will be hard!
  • #750,436
  • Jun 8, 2023 6:26am Jun 8, 2023 6:26am
Quoting OperaniyiFx
GU will be very volatile during news at 1:30pm the mounted pressure is much…. The sell will be hard!

or we dont see a sell because everyone expects it ^^
  • #750,437
  • Jun 8, 2023 6:28am Jun 8, 2023 6:28am
Personally, I am on the BULLS side too...

Both Weekly and Daily Charts show indicate a tendency to go upwards.

Last nite, I joined the trend at the retracement (Elipse)....now BE+1...and waiting for the news...

TP1: 2540 - TP2: 2570

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 19 KB
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #750,438
  • Jun 8, 2023 6:28am Jun 8, 2023 6:28am
Long 12470, SL 12455, TP 12500. Last trade for today if stopped out.
  • #750,439
  • Jun 8, 2023 6:31am Jun 8, 2023 6:31am
Quoting Alevsky017
{quote} or we dont see a sell because everyone expects it ^^
or it turns into a liquidity grab triggering stop losses for everyone short and trapping anyone long...
  • #750,440
  • Jun 8, 2023 6:31am Jun 8, 2023 6:31am
Quoting Fardeen1209
DOW Dolla' H1{image} ?
GU Shorts based on this Dolla' setup hit my invalidation level. Out +9pips
More time in the market, does not mean you trade better!
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