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Cable Update (GBPUSD)

  • #754,641
  • Jun 28, 2023 7:11am Jun 28, 2023 7:11am
Quoting M3csl
1.27 had to break, what has caused this drop while USD just chilling?
Usdx ok as per normal pa.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #754,642
  • Jun 28, 2023 7:12am Jun 28, 2023 7:12am
Will make long after news to avoid volatility
  • #754,643
  • Jun 28, 2023 7:12am Jun 28, 2023 7:12am
Quoting Robinhood1
{quote} Old dempire? Nice to see you around here. Cos that call had some intuition. Notice that "in" has a negative condition
yea I sometimes come and say hi. Been travelling for more than a month. Crazy how much more expensive it is than last year paid almost double the price this year for almost similar trip I took last year lol

i didnt notice any negative condition.
How to succeed in zero sum game?
  • #754,644
  • Jun 28, 2023 7:17am Jun 28, 2023 7:17am
Quoting Cetka
{quote} Is that a 20-pip SL? What is your % exposure in that scenario?
% of my account?
  • #754,645
  • Jun 28, 2023 7:18am Jun 28, 2023 7:18am
Finnly a profitable day
Ty mister Aussie
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yes yes yes
  • #754,646
  • Jun 28, 2023 7:18am Jun 28, 2023 7:18am
1.27 long orders eliminated. Potential is 1.264 and 1.2575 as the bouncing point after which 1.30 should be as good as done.
  • #754,647
  • Jun 28, 2023 7:22am Jun 28, 2023 7:22am
Quoting Whale
{quote} % of my account?
% of exposure in case it hits SL. 20 pips is a lot, that would probably be like 3-4% from the top of my head. How many lots do you take when entering a trade like that?
3-4% relative to your lot size in a specific trade.
  • #754,648
  • Jun 28, 2023 7:23am Jun 28, 2023 7:23am
no longs before 9 am est
Intraday only.
  • #754,649
  • Jun 28, 2023 7:25am Jun 28, 2023 7:25am
Quoting Whale
{image}
With You sir, very low risk entry for Wave 5 just waiting for 4hr Close
More time in the market, does not mean you trade better!
  • #754,650
  • Jun 28, 2023 7:27am Jun 28, 2023 7:27am
Quoting dempire1
{quote} yea I sometimes come and say hi. Been travelling for more than a month. Crazy how much more expensive it is than last year paid almost double the price this year for almost similar trip I took last year lol i didnt notice any negative condition.
Do like me. Live on bread and water
I have always been a curious specimen. Think about words that start with "in"
POSTMASTER
  • #754,651
  • Jun 28, 2023 7:28am Jun 28, 2023 7:28am
Quoting Fardeen1209
{quote} With You sir, very low risk entry for Wave 5 just waiting for 4hr Close
but im out
will wait for better entry
  • #754,652
  • Jun 28, 2023 7:29am Jun 28, 2023 7:29am
Quoting navk
no longs before 9 am est
been slap two times, now also rest
  • #754,653
  • Jun 28, 2023 7:29am Jun 28, 2023 7:29am
Quoting Cetka
{quote} % of exposure in case it hits SL. 20 pips is a lot, that would probably be like 3-4% from the top of my head. How many lots do you take when entering a trade like that? 3-4% relative to your lot size in a specific trade.
20 pips is a lot?
les than 1% precent.
  • #754,654
  • Jun 28, 2023 7:31am Jun 28, 2023 7:31am
Quoting Whale
{quote} but im out will wait for better entry
Mee still waiting for 4hr Close.
Very often the last minute or New 4hr Candle open, Price push to the 1hr Demand Zone of the 4hr. Better Entry
More time in the market, does not mean you trade better!
  • #754,655
  • Edited 10:04am Jun 28, 2023 7:31am | Edited 10:04am
I will start buying from 1.26377 for today.

Added long at 1.26173. Both SL at 1.25873 and TP at 1.26670
  • #754,656
  • Jun 28, 2023 7:33am Jun 28, 2023 7:33am
8hr...looks bearish...
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12hr...
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  • #754,657
  • Jun 28, 2023 7:36am Jun 28, 2023 7:36am
Quoting tradexyz
{image}
Hello, What are the indicators that yyou have overlaying your stochastics? could you share how I can add them please, thankyou
  • #754,658
  • Jun 28, 2023 7:36am Jun 28, 2023 7:36am
Personally I wouldn't bother trying to long this for awhile, I have a sell limit order in that is quite far away now


Probably wise to stay away from markets with the potential volatility for today - may head to the options markets but who knows. Flat for now
  • #754,659
  • Jun 28, 2023 7:38am Jun 28, 2023 7:38am
Quoting ScalaFX
{quote} in what is? Prove me this please
I cant prove it as so many factors that come into play every day disrupt markets but if you have a decent stop loss in place that allows the market to flow in its direction & if one is patient the markets always retest the previous highs or lows eventually. That's just my thinking I'm not great at drawing charts and waves, just basic support/Res HH LH ect for me.
average dude treading water
  • #754,660
  • Jun 28, 2023 7:39am Jun 28, 2023 7:39am
Quoting pipfarm
GU - not quite in full SHORT alignment but it is getting there , H4/D1 entries from H1 corrections Gold - is in full SHORT alignment as i said yesterday and H1 gave a nice correction to trade back into H4/D1 AUD - is in full SHORT alignment USDJPY -is in full LONG alignment NZDUSD is in full SHORT alignment EURGBP is in full long alingment EURJPY still in alignment for longs Some pairs where aligned with D1/W1 entries from H4 corrections EURNZD one of the best trades yesterday 4h correction came back into alignment with D1/W1

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