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Cable Update (GBPUSD)

  • #762,081
  • Jul 28, 2023 6:20am Jul 28, 2023 6:20am
Quoting Moty
Add more short position at 1.28800 {image}
oh no Moty! I NEED your rocket for 1.30
People don't plan to lose. They lose because they don't plan.
  • #762,082
  • Jul 28, 2023 6:21am Jul 28, 2023 6:21am
Quoting JereMi256
{quote} Sad but funny at the same time. I can imagine a married couple both having a bad trading day. You wake up all mad at the kids for asking for breakfast early.
Lolz
  • #762,083
  • Jul 28, 2023 6:22am Jul 28, 2023 6:22am
Quoting Fx3423454
{quote} I'm sure your boyfriend loves it!
He does, thanks for asking...
  • #762,084
  • Jul 28, 2023 6:24am Jul 28, 2023 6:24am
Quoting Wavegarrick
{quote} And my weekly pivot 1.29303 it is. Perhaps 1.2950 for an overshoot and retrace to 1.2900 for a test of 1.30000. My cyclic upswing has just started. Cheers. {image}
This down move caught many of us by surprise yesterday, including me. I was fortunate enough for price to come back to me and managed to close my weaker trades for 58 pips profit from a nice big fat profit squandered. The nature of trading, then again we should expect this kind of thing to happen at month end.
If price finishes the week back above my weekly pivot at 1.29303, bulls could be in for a shot. A close below 1.2850 could see 1.2500 in the near future. Monday will be the final day of the month so more volatile moves.
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Having said, I remain skeptical about shorts unless we have a clear break below my weekly blue moving average at 1.27715 ish.
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Cheers.
Trade to trade another day
  • #762,085
  • Jul 28, 2023 6:27am Jul 28, 2023 6:27am
Entered sell @ 1.28730 SL 1.29 TP 1.26930
Everything, what's meant to be will find its way
  • #762,086
  • Jul 28, 2023 6:28am Jul 28, 2023 6:28am
Quoting Whale
{quote} Joke is on me navk, im the liquidity this week
I cut yesterday very good losses.

Today recovered.
Intraday only.
  • #762,087
  • Jul 28, 2023 6:28am Jul 28, 2023 6:28am
market is on fucking steroids.. its breaking those key levels like its nothing.
  • #762,088
  • Jul 28, 2023 6:30am Jul 28, 2023 6:30am
...strong move ! From the 1hr HL (now) and what will be a HH when it closes fractally after break of the H which was first break of Asian hi.. 50% of y/day's total fall just above current dly hi. 3 fib cluster 2899-2907. 118% 30day adr traveled so far today lo-hi.

All done for day/week. Good luck all.

1hr below
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Trader with an Edge.
  • #762,089
  • Jul 28, 2023 6:34am Jul 28, 2023 6:34am
Does anyone believe that the move yesterday was simply to open up 1.30 and above?
  • #762,090
  • Jul 28, 2023 6:35am Jul 28, 2023 6:35am
Quoting Wavegarrick
{quote} This down move caught many of us by surprise yesterday, including me. I was fortunate enough for price to come back to me and managed to close my weaker trades for 58 pips profit from a nice big fat profit squandered. The nature of trading, then again we should expect this kind of thing to happen at month end. If price finishes the week back above my weekly pivot at 1.29303, bulls could be in for a shot. A close below 1.2850 could see 1.2500 in the near future. Monday will be the final day of the month so more volatile moves. {image} Having...
I have alot to ask and say but everything vanished when I saw your weekly chart! All I can say is, Lord! Have mercy
  • #762,091
  • Jul 28, 2023 6:35am Jul 28, 2023 6:35am
Quoting dantpm
Does anyone believe that the move yesterday was simply to open up 1.30 and above?
Yes, I! Liqudity taken like new rocket fuel
People don't plan to lose. They lose because they don't plan.
  • #762,092
  • Jul 28, 2023 6:36am Jul 28, 2023 6:36am
Quoting navk
{quote} I cut yesterday very good losses. Today recovered.
Yap, with the good mind set it easy to recover.

break will fix it
  • #762,093
  • Jul 28, 2023 6:39am Jul 28, 2023 6:39am
There's USD News in an hour's time and also CAD GDP.
Another strong move looming
  • #762,094
  • Jul 28, 2023 6:43am Jul 28, 2023 6:43am
So we've just tapped into the liquidity level at yesterdays LH formed couple hours after NY open. If the bearish move is to happen, now is the time. If not, could be bulls all the way.
  • #762,095
  • Jul 28, 2023 6:43am Jul 28, 2023 6:43am
Over 60 pips the trade gave and in total gu mf want up 120 pips from my margin called point 1.27670
Lost there 370 $ , if i wasn't margin called, i could gave back 310 from them
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yes yes yes
  • #762,096
  • Jul 28, 2023 6:44am Jul 28, 2023 6:44am
@work couldn't monitor my screen so everything I made yesterday today cheers gone as I had a short in.....life and Friday's ....
average dude treading water
  • #762,097
  • Jul 28, 2023 6:46am Jul 28, 2023 6:46am
Quoting Whale
{quote} Yap, with the good mind set it easy to recover. break will fix it
Remember my saying on the other day.

And also prior to LO today.

When price is bearish..... asia ahould retrace . Meaning bear trend to continue.

When price is bearish... asia further drops.. by 23 to 38 %. Meaning London will reverse price.

About your losses, sorry for that.

Keep cool. You are good, you can recover. Cheer up.
Intraday only.
  • #762,098
  • Jul 28, 2023 6:50am Jul 28, 2023 6:50am
Quoting Georginson
{quote} you are not alone in this mate, I have been really struggling too, if anyone says it's easy then good for them. It will get better with time. Taking a little break may help you get better.
traders life.

how are you overall…?
  • #762,099
  • Jul 28, 2023 6:50am Jul 28, 2023 6:50am
GU was a nice scalp long and hit to the Pip. No positions on for now, prolly look for shorts next week. Only trades i have running now is UK100 (ftse) short. Got quite a few positions upside down atm but staying in for a swing of 2-300 handles. Who knows, it could go titsup anytime but i have to trade what i see.

Happy Weekend Guys n Gurls Gotta go, need some nicotine & caffeine
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  • #762,100
  • Jul 28, 2023 6:51am Jul 28, 2023 6:51am
Quoting MIKKI
@work couldn't monitor my screen so everything I made yesterday today cheers gone as I had a short in.....life and Friday's ....
Shithhapens pal. we just gotta deal with it. I was upside down with 6 positions on GU longs but turned out ok eventually
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