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Cable Update (GBPUSD)

  • #757,981
  • Jul 12, 2023 7:22pm Jul 12, 2023 7:22pm
Quoting voeltoez
short in.. eu 1.1131 sl 50p gu 1.2995 sl 50p gold 1959.. sl 1969 leave it till tomorrow.. wish me luck
big mistakes...its gambling..closed all..
  • #757,982
  • Jul 12, 2023 7:34pm Jul 12, 2023 7:34pm
Quoting voeltoez
{quote} big mistakes...its gambling..closed all..
Is it a mistake or gambling if every criteria fits your sell criteria at the time you clicked the sell button?
More time in the market, does not mean you trade better!
  • #757,983
  • Jul 12, 2023 7:35pm Jul 12, 2023 7:35pm
Quoting PeterCaleb
{quote} Just took a look at NSDUSD and some others to see this truly monstrous move..... HEHEHEHEHEHEHEHEHEHE !! Are you frickin' kidding !!!? What ..... you didn't care to think that was comin' ??!!! OK apologies if you're new to trading and or the NZD but if you're not ..... uuuuum.... then (Whispering: don't know what to say here). Maybe spend less time chit chatting and more time studying money. Looking at "the news" listed, do you actually know and understand WHAT those things are? Not being a smart ass, it's a genuine query to ask yourself....
Relax dude.
You're spazzing out.

I'm on your side. I'm one of the good guys.

Notice how I never said you were:

Arrogant, Batshit crazy, conceited, delirious, delusional, egotistical, fruitless, f___ing whacked, hallucinatory, inconsiderate, insensitive, narcissistic, nuts, out of your f___ing mind, pointless, proud, rude, self-centered, etc.

Consider me an ally,
FX3423454

Inserted Video
Trade at your own risk.
  • #757,984
  • Jul 12, 2023 7:44pm Jul 12, 2023 7:44pm
Quoting Fardeen1209
{quote} Is it a mistake or gambling if every criteria fits your sell criteria at the time you clicked the sell button?
im placing too much lot..
  • #757,985
  • Jul 12, 2023 7:47pm Jul 12, 2023 7:47pm
cable wanna test 1.3070 before going down..
  • #757,986
  • Edited 8:47pm Jul 12, 2023 7:50pm | Edited 8:47pm
Quoting voeltoez
{quote} im placing too much lot..
Me still waiting for her to mitigate that 1hr supply.
Since too many retail traders's focus was at 1.3.
Too easy to catch with eyes, therefore MM will need their SL, which is above their N3 level (at 1hr supply level and FVG just below it on 1hr tf)

A simple theory i used from time to time, is retails' focus vs IT focus.
Especially in situation like this one where we are in a Weekly Supply zone, and Risk-Reward now starts favoring Shorts side
I sit on the sidelines and watched 'em both
More time in the market, does not mean you trade better!
  • #757,987
  • Edited 9:14pm Jul 12, 2023 7:59pm | Edited 9:14pm
10 staples @ a time need a lesson...walk on...smart phones...DARPA on your tail...lights out...Kinetics Noise Control, Inc. was established in 1958 antartic treaty...by any chance...latitude longitude southern la DO NOT cross...some are more equal than others...FE issues...PLATONIC...jadeh jadeh jaddeth UN cop conferences and parties...blacklisted martian bombers Air Greece VA SX-OAB wink window Polter Geist on ice...grease the sithuation...travel volta Quant tass
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  • #757,988
  • Edited 8:17pm Jul 12, 2023 8:01pm | Edited 8:17pm
Quoting voeltoez
{quote} im placing too much lot..
Bro..I think you need to check your signature again.
But me in the other hand..
Now i just need to turn this into profit.
I found script to close all buy/sell so that should help my case a bit.
- Already in (+) now. But my greed will take the best of me most of the time.
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Long closed, stop set. I will take my loss if it turn back up.

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Don't mind me.. i'm crazy
  • #757,989
  • Jul 12, 2023 8:16pm Jul 12, 2023 8:16pm
Quoting PeterCaleb
{quote} Just took a look at NSDUSD and some others to see this truly monstrous move..... HEHEHEHEHEHEHEHEHEHE !! Are you frickin' kidding !!!? What ..... you didn't care to think that was comin' ??!!! OK apologies if you're new to trading and or the NZD but if you're not ..... uuuuum.... then (Whispering: don't know what to say here). Maybe spend less time chit chatting and more time studying money. Looking at "the news" listed, do you actually know and understand WHAT those things are? Not being a smart ass, it's a genuine query to ask yourself....
Yeah, I know what the news releases are.

Which is how I knew that CPI would likely come in lower than expected and the market would perceive this as dovish for the USD.

I also know that the Fed doesn't even use CPI as their gauge for inflation.
I also know that if the Fed still raises rates based on PCE Index (their gauge for inflation) that it will likely shock the market and there will likely be huge moves.
Trade at your own risk.
  • #757,990
  • Jul 12, 2023 8:19pm Jul 12, 2023 8:19pm
Quoting Fx3423454
{quote} Yeah, I know what the news releases are. Which is how I knew that CPI would likely come in lower than expected and the market would perceive this as dovish for the USD. I also know that the Fed doesn't even use CPI as their gauge for inflation. I also know that if the Fed still raises rates based on PCE Index (their gauge for inflation) that it will likely shock the market and there will likely be huge moves.
Ouch
More time in the market, does not mean you trade better!
  • #757,991
  • Jul 12, 2023 8:22pm Jul 12, 2023 8:22pm
Given we've completed wave 5 Impulsive, am expecting a Wyckoff Distribution at this weekly Szone to initiate the corrective ABC (aka a new down swing)
More time in the market, does not mean you trade better!
  • #757,992
  • Jul 12, 2023 8:22pm Jul 12, 2023 8:22pm
What is the Demand Supply Levels of DXY for reversal ? 100.00 ?
  • #757,993
  • Jul 12, 2023 8:30pm Jul 12, 2023 8:30pm
Quoting mastermind7x
What is the Demand Supply Levels of DXY for reversal ? 100.00 ?
Who knows.
Inside this wick or below it.

but this is not a good answer I believe.
not saying it will not correct before, when price is moving like that you could only guess where it will stop.
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  • #757,994
  • Jul 12, 2023 8:56pm Jul 12, 2023 8:56pm
Short 1.3015 SL 1.3045
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #757,995
  • Jul 12, 2023 9:09pm Jul 12, 2023 9:09pm
Took a short for UK GDP
Last month GDP was 0.2% , Consensus today: -0.3% (difference quite large)
Even if Uk GDP print anything between -0.3% and -0.1%, i think it will be bearish for GBP.
At 0.0% and above will lift GU and this short plan become invalid.
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Note: Invalidation isnt my Stop Loss, i used 2x ATR for my hard stops.
All i need is a 30mins (when trade 2% of capital)/1hr(when trade 1% of capital) close beyond Invalidation level, i'm out. Capital preservation is my priority to keep me in play
May our stars shine brighter today
More time in the market, does not mean you trade better!
  • #757,996
  • Jul 12, 2023 9:21pm Jul 12, 2023 9:21pm
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cam lvls.
https://www.livecharts.co.uk/Members...rex_pivots.php cam lvls.
  • #757,997
  • Jul 12, 2023 9:21pm Jul 12, 2023 9:21pm
im still bullish longer term however, price looks like it may have gotten ahead off itself so a correction would be normal and fair price by the smart money is probably around 1.26....so short is a good risk to reward...however trends can last longer than you think so be careful.
  • #757,998
  • Edited 10:20pm Jul 12, 2023 10:05pm | Edited 10:20pm
Quoting ninner
im still bullish longer term however, price looks like it may have gotten ahead off itself so a correction would be normal and fair price by the smart money is probably around 1.26....so short is a good risk to reward...however trends can last longer than you think so be careful.
i starting to feel weird, you put your view in a good manner today ,
I might be miss the sell as waiting to fill above 1.3020 1.3040 and 1.3060 before news. But not even touching 1.3020 and PA look like starting to get down, or just a mere corrections, who knows, i will decide latter As im buying on TOP and closed below new hight
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My possibility reaction
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Possiblity of Short Trap
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #757,999
  • Jul 12, 2023 10:18pm Jul 12, 2023 10:18pm
Whats your thought on that statement?
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More time in the market, does not mean you trade better!
  • #758,000
  • Jul 12, 2023 10:22pm Jul 12, 2023 10:22pm
no trade today..but my view 1.2988 then fly again to 1.31
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