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Cable Update (GBPUSD)

  • #761,081
  • Jul 26, 2023 12:33am Jul 26, 2023 12:33am
Quoting voeltoez
{quote} nope..all manual..only by phone..
Impressive.
Wish I knew where price will go without indicators haha..

I don't have time for studying charts unfortunately, only briefly.
  • #761,082
  • Jul 26, 2023 12:51am Jul 26, 2023 12:51am
Double top at 1.29000
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yes yes yes
  • #761,083
  • Jul 26, 2023 12:51am Jul 26, 2023 12:51am
Double top at 1.29000
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yes yes yes
  • #761,084
  • Jul 26, 2023 12:53am Jul 26, 2023 12:53am
Quoting Moty
Double top at 1.29000 {image}
Price already bounced from it and is probably going to break it today.
  • #761,085
  • Jul 26, 2023 12:54am Jul 26, 2023 12:54am
GU
EU
Long All
Let it go
SL to BE
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  • #761,086
  • Jul 26, 2023 12:58am Jul 26, 2023 12:58am
In since Friday and still holding strong - We'd have to do a complete 180 turn around to kick me out of this


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  • #761,087
  • Jul 26, 2023 1:05am Jul 26, 2023 1:05am
Quoting TheWraith
{quote} Price already bounced from it and is probably going to break it today.
Should I close my position before today's news? it's been a concern for me since I have 6-7 open positions against USD and CAD (all of them are running in profit though and have moved just %10-%20 toward my target and still way to go)
  • #761,088
  • Jul 26, 2023 1:13am Jul 26, 2023 1:13am
...testing a prev 1hr/4hr sw lo/hi zone now , ie Asian hi there, and that 61.8% fib referred to in my earlier/1st post today..

1hr below
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Trader with an Edge.
  • #761,089
  • Jul 26, 2023 1:13am Jul 26, 2023 1:13am
Quoting Moty
{quote} me too{image} entered again {image}
That AU sell is a wrong move IMO
  • #761,090
  • Edited 3:43am Jul 26, 2023 1:19am | Edited 3:43am
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Perseverance will pay
  • #761,091
  • Jul 26, 2023 1:20am Jul 26, 2023 1:20am
Quoting Moty
Double top at 1.29000 {image}
Too early to tell. We may have to wait until the closing period to see if it will be a double top or it will break upward.

In my chart, the candle is just a few pips away from the 23.6 fibo resistance from the 2007 downtrend. So it may need. some strong news to break past that. The Fed decision tonight also adds an extra downward pressure for any potential uptick at this point.

But upside is also there given that GBP is still in the oversold territory at this point.
"No trade is still a trade." - Peter Borish
  • #761,092
  • Jul 26, 2023 1:21am Jul 26, 2023 1:21am
FX numberes, KareemAliFx and others gurus that start guruing here and barking at good traders and people here, some humility, I hope you still holding your shorts hahahaha that me and others can transfer yours equity to our accounts! Im done
People don't plan to lose. They lose because they don't plan.
  • #761,093
  • Jul 26, 2023 1:23am Jul 26, 2023 1:23am
Triple top
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yes yes yes
  • #761,094
  • Jul 26, 2023 1:23am Jul 26, 2023 1:23am
Quoting sajad.g
{quote} Should I close my position before today's news? it's been a concern for me since I have 6-7 open positions against USD and CAD (all of them are running in profit though and have moved just %10-%20 toward my target and still way to go)
Hi, only you can make that decision but if the rate goes up as forecast, and the Fomc statement is hawkish, then JP press conf is hawkish too, - then it may not be pretty for contra-$ trades, but anything can happen. Good Luck.
Trader with an Edge.
  • #761,095
  • Jul 26, 2023 1:24am Jul 26, 2023 1:24am
Quoting sajad.g
{quote} Should I close my position before today's news? it's been a concern for me since I have 6-7 open positions against USD and CAD (all of them are running in profit though and have moved just %10-%20 toward my target and still way to go)
as I always say when I close a winning position --- a gain is a gain.
"No trade is still a trade." - Peter Borish
  • #761,096
  • Jul 26, 2023 1:30am Jul 26, 2023 1:30am
GU moving to 3000 before fomc..my thought
  • #761,097
  • Jul 26, 2023 1:40am Jul 26, 2023 1:40am
There is a disconnect between the USD and GU this am. The trade to be in was gold! UJ also made more sense.
  • #761,098
  • Jul 26, 2023 1:44am Jul 26, 2023 1:44am
Quoting Pat Chiko
{quote} EU Averaging up method. Trying to get out from sticky situation with minimum damage, Made an error on earlier N3. Price went for H4 demand.{image}
EU

Clearing some position prior to LO.
Taking the leverage down to re-N3 to better price.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #761,099
  • Jul 26, 2023 1:46am Jul 26, 2023 1:46am
Quoting voeltoez
GU moving to 3000 before fomc..my thought
agree bro.. ive been holding bulls since yesterday
29500 is my reasonable TP..
dxy is dropping..
good luck everyone!
  • #761,100
  • Jul 26, 2023 1:46am Jul 26, 2023 1:46am
Quoting ScalaFX
FX numberes, KareemAliFx and others gurus that start guruing here and barking at good traders and people here, some humility, I hope you still holding your shorts hahahaha that me and others can transfer yours equity to our accounts! Im done
They are jealous of your skill.
Keep the good work Bro.

I always watch your trade and copy your signal.

Thanks
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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