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Cable Update (GBPUSD)

  • #757,801
  • Jul 12, 2023 7:08am Jul 12, 2023 7:08am
Quoting eliudyy00
{quote} broo get out the news is going to mess up ur trade
He can remain until 1.2870, then probably put a buy
  • #757,802
  • Jul 12, 2023 7:11am Jul 12, 2023 7:11am
Quoting eliudyy00
{quote} broo get out the news is going to mess up ur trade
I put my tp at 1.29000 or manually exit just before the news
yes yes yes
  • #757,803
  • Jul 12, 2023 7:13am Jul 12, 2023 7:13am
Quoting Moty
Yes yes yes I'm in profit !!!! After being in a 275$ floating loss 55 pipa come back from the high of the day {image}
Motty, sorry but you need to reevaluate your risk management. You will get away with this, maybe twice thrice or a couple of times, but one day...just one day, you'll lose everything.
  • #757,804
  • Edited 7:29am Jul 12, 2023 7:15am | Edited 7:29am
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BOE Gov Bailey has spoken -- the ghost in the minutes aka notule...
  • #757,805
  • Jul 12, 2023 7:21am Jul 12, 2023 7:21am
Quoting eliudyy00
{quote} will the news outcome be negative ???
Eliudyy, stay with your TA. It works in any condition. During critical news releases, it happens faster only.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #757,806
  • Jul 12, 2023 7:21am Jul 12, 2023 7:21am
Quoting Moty
Yes yes yes I'm in profit !!!! After being in a 275$ floating loss 55 pipa come back from the high of the day {image}
That the guy! , The hammer Guy

It's always funny, educative and inspirational looking at that sense of humor, I mean yours moty
I live in the future
  • #757,807
  • Jul 12, 2023 7:28am Jul 12, 2023 7:28am
Last times since march it was: good figures, Dollar Up / bad figures Dollar Down

So if CPI higher than expected Dollar up. It looks like CPI should be higher than expected, that would mean GBP/USD more down.

Problem: GBP/USD already down from top 55 pips. I wait until news. Both side breakout can happen now. be careful. It is because of yesterday move. Lots of longs on GBP/USD still in. Let's see
  • #757,808
  • Jul 12, 2023 7:29am Jul 12, 2023 7:29am
GU at 1hr Demand Zone, possible to go higher.
Only +25% shorts running with +15pips locked
More time in the market, does not mean you trade better!
  • #757,809
  • Jul 12, 2023 7:33am Jul 12, 2023 7:33am
Quoting tradexyz
{image} BOE Gov Bailey has spoken -- the ghost in the minutes aka notule...
Attached Image (click to enlarge)
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  • #757,810
  • Jul 12, 2023 7:33am Jul 12, 2023 7:33am
Quoting Bella.al
{quote} Ok, disabled all pivots and levels and now just using Projections and Bella's Stop Levels. at this point i am +1 Pip Trailing , looking for the said Objective 1: 1.28845 Notice : the Price Action Analysis now shows reversal date which is (12/07/2023 ) taken from 'Bella's Date forecasting' , so half the features went to "Bella's Fair value analysis and half to Bella's Price Action. ( waiting for Blue's v1.7 G ) Bella's Blue ( v1.7 F ) {image}
Urg.... trailing hit +1 pip .. i was like +50 floating
Goddess of Thunder..
  • #757,811
  • Jul 12, 2023 7:33am Jul 12, 2023 7:33am
What a lovely spike, just went with small long on GU. AUD/CAD trade also came through. Done for the day. Also that buying just before the news, someone leaking that shit.
  • #757,812
  • Jul 12, 2023 7:35am Jul 12, 2023 7:35am
Kinda a loser day …. Gold shorts just hit with a bomb….
other than that…. Us30 flying high
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Extreme gut feeling trader
  • #757,813
  • Jul 12, 2023 7:37am Jul 12, 2023 7:37am
rest in peace sellers
  • #757,814
  • Jul 12, 2023 7:38am Jul 12, 2023 7:38am
If I as a counter trend trader say: Be careful with shorts now. That has a weigh. Cpi bad all over, that's why the jump up. Consolidation finished on GBP/USD, news highs very likely. No counter trade for me now.
  • #757,815
  • Jul 12, 2023 7:39am Jul 12, 2023 7:39am
CPI Y/Y at 3% exact. Inflation is dead. Trend is clear.
Powell's 2% in 2025 is gone. Fed has overtightened.
  • #757,816
  • Jul 12, 2023 7:39am Jul 12, 2023 7:39am
Quoting voeltoez
long way to 1.2850... for now price just stopped @H1 mid bands..candle need to close below it..then targetting lower bands @1.2895.. 1.29 is the key bounce up..or continue down 1.2860.. maybe not today..because of news... my analysis will bounce up and going to 1.3 at news..
1.3100 is open now
  • #757,817
  • Jul 12, 2023 7:40am Jul 12, 2023 7:40am
Quoting ScalaFX
{quote} partials taken, rest protected, I wonna sell higher, lets see where price can bounce more to get better price
SL hit, first pending active 2970
People don't plan to lose. They lose because they don't plan.
  • #757,818
  • Jul 12, 2023 7:40am Jul 12, 2023 7:40am
Quoting EtzzyPoo
{image} Lets see what this does
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Done
+269 pips
  • #757,819
  • Jul 12, 2023 7:41am Jul 12, 2023 7:41am
Quoting R4sh
NEXT Station 1.30
GET READY
Lost in Narrative
  • #757,820
  • Jul 12, 2023 7:42am Jul 12, 2023 7:42am
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