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Cable Update (GBPUSD)

  • #761,721
  • Jul 27, 2023 9:28am Jul 27, 2023 9:28am
Quoting TheWraith
{quote} This day reminds me of the days where I would go Long 17 times in a day trying to catch the bottom, but bottom never comes. I don't do that anymore. GL!
already loss $300 trying catch the bottom..lol
  • #761,722
  • Jul 27, 2023 9:28am Jul 27, 2023 9:28am
Was it the better than expected US GDP that revved the dollar up?
"No trade is still a trade." - Peter Borish
  • #761,723
  • Jul 27, 2023 9:30am Jul 27, 2023 9:30am
Quoting boodvah
{quote} really? I thought me and you had an understanding
i was just being helpful
How to succeed in zero sum game?
  • #761,724
  • Edited 10:03am Jul 27, 2023 9:30am | Edited 10:03am
Quoting voeltoez
{quote} already loss $300 trying catch the bottom..lol
also catching knives here. betting on what I am reading in the chart.

if there is no surprise by tomorrow, I'm looking at breaking even at most when I close. If not, at least I can lessen my loss significantly conpared to cutting losses early on.
"No trade is still a trade." - Peter Borish
  • #761,725
  • Jul 27, 2023 9:33am Jul 27, 2023 9:33am
Quoting voeltoez
{quote} already loss $300 trying catch the bottom..lol
Wow...you've just lost x2 of my equity
  • #761,726
  • Jul 27, 2023 9:33am Jul 27, 2023 9:33am
Quoting dempire1
{quote} i was just being helpful
honestly thank you. Truce.
be a thinker before being a reacter
  • #761,727
  • Jul 27, 2023 9:34am Jul 27, 2023 9:34am
Quoting TheWraith
{quote} Most of traders are expecting a drop in Yen, but I think we will have a surprise tommorow based on the Daily chart that suggests Sell.

I haven't followed the news if there is one, but I think Japaneses are happy people.

--


Maybe ~1.2817 can stop this fall.
  • #761,728
  • Jul 27, 2023 9:34am Jul 27, 2023 9:34am
Quoting Lbrto
{quote} also catching knives here. betting on qhat I am reading in the chart. if there is now surprise by tomorrow, I'm looking at breaking even at most when I close. If not, at least I can lessen my loss significantly co pared cutting losses early on.
flat area 2860..even its going down to 2800...will retrace and flat at that area..
  • #761,729
  • Jul 27, 2023 9:34am Jul 27, 2023 9:34am
Quoting Yngwie
{quote} wish she touch 1.2820/30 but closed for 115 pips good enough
I think she will reverse here 2820/30 area and today limit 1.2804
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #761,730
  • Jul 27, 2023 9:35am Jul 27, 2023 9:35am
Quoting kenny4real
{quote} Lolz...did Pat Chiko ever said he would fight Americans?
This is how you do it on a day like this:

Inserted Video
You have an IQ lower than 90 if you interact with this user.
  • #761,731
  • Jul 27, 2023 9:37am Jul 27, 2023 9:37am
Quoting TheWraith
{quote} This day reminds me of the days where I would go Long 17 times in a day trying to catch the bottom, but bottom never comes. I don't do that anymore. GL!
Yeah, pretty much similar scenario.
Last week after 1.303 1.293 , I also went back studying 1.17 drop Sep. 13 ,2022
both are instant 100 pips
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  • #761,732
  • Jul 27, 2023 9:38am Jul 27, 2023 9:38am
The best trading opportunities today!
Massive!
You have an IQ lower than 90 if you interact with this user.
  • #761,733
  • Jul 27, 2023 9:38am Jul 27, 2023 9:38am
Quoting Eren10
{quote} I haven't followed the news if there is one, but I think Japaneses are happy people. -- Maybe ~1.2817 can stop this fall.
There will definitely be an opportunity tommorow to make some money, better than catching some slight buy now if it even comes.

What I know from experience is when you have this kind of strong sell or buy, usually this will continue to some degree tommorow also and only when everyone capitulates will the price start doing retracement. Could be wrong, but this really reminds me of those times.

Price has dropped 200 pips and everyone is itching to catch a 100 pips retracement now, but those moving the price know that.
  • #761,734
  • Jul 27, 2023 9:41am Jul 27, 2023 9:41am
up 200%!
woohoo!
You have an IQ lower than 90 if you interact with this user.
  • #761,735
  • Jul 27, 2023 9:41am Jul 27, 2023 9:41am
Quoting T721
Just my take on GU. Dont follow me, its my A$$ if it goes TITSUP. I Swing i dont Scalp. And we got USD News so this is dangerous. Repect your RISK PARAMETERS {image}
GU UPDATE -- Going OK so far. Be safe -- dont try this without protection
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  • #761,736
  • Jul 27, 2023 9:51am Jul 27, 2023 9:51am
will be interesting if back to 2900 area..2820 already reject
  • #761,737
  • Jul 27, 2023 9:51am Jul 27, 2023 9:51am
Long 1.2825
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #761,738
  • Jul 27, 2023 9:52am Jul 27, 2023 9:52am
[quote=carbonmimeti;14513456]TIME update: for now 18 hours from the previous low... there could be a rebound... pay attention to the end of the daily cycle {image}[/quote

TIME is much more important than price
17+3=20 too from 24 july
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  • #761,739
  • Jul 27, 2023 9:54am Jul 27, 2023 9:54am
Quoting Yngwie
Long 1.2825
In long too.
You have an IQ lower than 90 if you interact with this user.
  • #761,740
  • Jul 27, 2023 9:56am Jul 27, 2023 9:56am
All my longs stopped out at breakeven, maybe should have got out prior to the news, had thought about it but ah well. Will be looking to sell all retraces now. Daily starting to look bearish but not fully confirmed bear until a break of 1.26. If that breaks then a long-term downtrend is confirmed in my eyes.
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