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Cable Update (GBPUSD)

  • #760,661
  • Jul 24, 2023 10:39am Jul 24, 2023 10:39am
Will be keeping long open overnight, same with EUR/JPY. SL's are at recent lows. Not something I usually do but bearish pressure seems to be slowing on GU and as always I want to see weekly pivot first before continuing down. EUR/JPY we have retraced most of the large move on friday but have not yet taken out the recent low so can not confirm a bearish trend just yet, although the double top may point towards a bearish trend developing. Down 1.5% today, not great. Still up on the account overall though.
  • #760,662
  • Jul 24, 2023 10:53am Jul 24, 2023 10:53am
Holding Short until 1.26. At 1.26 I'll go Long until 1.33.
H4 in Sell Zone.
  • #760,663
  • Jul 24, 2023 10:59am Jul 24, 2023 10:59am
People who went short today @ LO and hour before New York Open. Care to share setups?
How to succeed in zero sum game?
  • #760,664
  • Jul 24, 2023 11:05am Jul 24, 2023 11:05am
Quoting dempire1
People who went short today @ LO and hour before New York Open. Care to share setups?
I'll share the charts as soon as I get Home.
  • #760,665
  • Jul 24, 2023 11:06am Jul 24, 2023 11:06am
Quoting dempire1
People who went short today @ LO and hour before New York Open. Care to share setups?
the double imbalances on 30 always great setup.
i was long 1.2852 since Friday and waited for same pattern on daily.
SL hit -14
i missed the danger, just after the fall i noticed it.
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  • #760,666
  • Edited Jul 25, 2023 8:02am Jul 24, 2023 11:07am | Edited Jul 25, 2023 8:02am
DXY is more bullish than it has been since 1985.

Trade at your own risk.
  • #760,667
  • Edited 12:24pm Jul 24, 2023 11:08am | Edited 12:24pm
Quoting dempire1
People who went short today @ LO and hour before New York Open. Care to share setups?
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  • #760,668
  • Jul 24, 2023 11:10am Jul 24, 2023 11:10am
Quoting Fx3423454
DXY is more bullish than it has been since 1985. Only inexperienced rookies will not understand this.
I added GU buy until 1.290.
How to succeed in zero sum game?
  • #760,669
  • Jul 24, 2023 11:29am Jul 24, 2023 11:29am
Quoting Fx3423454
DXY is more bullish than it has been since 1985. Only inexperienced rookies will not understand this.
you will be amazed to see it soon in the gray area on my chart.

Gu will take out 1.3166
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  • #760,670
  • Jul 24, 2023 11:33am Jul 24, 2023 11:33am
Quoting Fx3423454
DXY is more bullish than it has been since 1985. Only inexperienced rookies will not understand this.
yeah now that u mentioned it, when i got my eyes of the chart for a while - it makes perfect sense.
You have an IQ lower than 90 if you interact with this user.
  • #760,671
  • Jul 24, 2023 11:38am Jul 24, 2023 11:38am
Quoting GEfx
A few thoughts about the G$. Last week, we anticipated a retracement before a continuation of the up move was possible. That retracement was expected and traded. This week, anticipating one of two things: a continuation to the upside, or a continuation to the downside. FAs from last week favor down, but upcoming FAs may disagree. Be prepared for both eventualities, and trade with care. {image}
G$ decided to stick with its down move. Only one entry on the G$ this morning for me, hitting my target at 1.2812 (the .618 fib from the chart I posted). But, I had 4 entries on the $CAD, all to my target at 1.3155. I'll call it a good day ahead of a very busy FA week. Good trading everyone!
  • #760,672
  • Jul 24, 2023 11:43am Jul 24, 2023 11:43am
Quoting dempire1
People who went short today @ LO and hour before New York Open. Care to share setups?
dempire1, check my post from Friday. LO hit the resistance zone for a potential D point in ending diagonal wave 5. NY Open continuation for the move. https://www.forexfactory.com/thread/...3#post14507643
Here is today's chart. 30M is a mess.
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Always trade your own plan...I don't provide trading signals.
  • #760,673
  • Jul 24, 2023 11:54am Jul 24, 2023 11:54am
These wicks mean something... especially the last one
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  • #760,674
  • Jul 24, 2023 11:56am Jul 24, 2023 11:56am
Come on round number 1.28000
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yes yes yes
  • #760,675
  • Jul 24, 2023 12:00pm Jul 24, 2023 12:00pm
Quoting Moty
Come on round number 1.28000 {image}
sit tight moty..

it will begin soon..
today/tomorrow/the day after tomorrow.
daily is in up structure, and when it comes to $, it will take some time for bears to flip it.
monthly chat want 1.3166 minimum. But 1.301/2area is also on my mind to watch.
  • #760,676
  • Jul 24, 2023 12:07pm Jul 24, 2023 12:07pm
I lost 3% of my account today...
I hope I recover with this trade.. revenge trade set up.. top down analysis

EURGBP SHORT
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My telegram: https://t.me/avidforex
  • #760,677
  • Jul 24, 2023 12:09pm Jul 24, 2023 12:09pm
buy GOLD afrer BE hit, 1960 will add more if slip some
People don't plan to lose. They lose because they don't plan.
  • #760,678
  • Jul 24, 2023 12:12pm Jul 24, 2023 12:12pm
Quoting Fx3423454
{quote} So ridiculously easy to ferret out these losers. Never even knew this fool existed until he started running his trap. He will join his cowardly hyena buddies in the ignore list. I notice that people all have the same troublemakers in their ignore list.
any new super backtests? Please share
People don't plan to lose. They lose because they don't plan.
  • #760,679
  • Jul 24, 2023 12:14pm Jul 24, 2023 12:14pm
Quoting ScalaFX
{quote} any new super backtests? Please share
hahahahahahahahhhaahhaah
How to succeed in zero sum game?
  • #760,680
  • Jul 24, 2023 12:15pm Jul 24, 2023 12:15pm
Quoting navk
Going to sleep noe. Done asia. Much needed releief after unfortunate stop loss hitting on Friday. {image}
The longs which I took early NY stopped out...and gave up all what I made in Asia.

However..my trusted plan 9 am/1 pm candle gave me relief again. My longs.

Hence I recovered all what i lost early NY .

Now this longs...will continue until LO

I will take longs again or asia open.
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Intraday only.
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