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Cable Update (GBPUSD)

  • #762,121
  • Jul 28, 2023 7:46am Jul 28, 2023 7:46am
So US data at expected or below .. is this the trigger we need for 129+?
Insane in the Brain..
  • #762,122
  • Jul 28, 2023 7:47am Jul 28, 2023 7:47am
Quoting BeeTogether
So US data at expected or below .. is this the trigger we need for 129+?

We need deep pockets
How to succeed in zero sum game?
  • #762,123
  • Jul 28, 2023 7:51am Jul 28, 2023 7:51am
Yup, i know this is the Cable thread but i posted this trade some time ago. So this is just an Update for anyone in. EG -- still expecting lower targets to hit. the LQ zones are possible bounce points. Anyway gotta get my A$$ outta here, good luck to all and hope you make pips and have a great weekend. Be safe out there
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  • #762,124
  • Jul 28, 2023 7:52am Jul 28, 2023 7:52am
Quoting BeeTogether
So US data at expected or below .. is this the trigger we need for 129+?
could be or could be not. though I am betting it to go up to 1.30 maybe in a week's time at the very least or it may take longer depending of new developments.

caught falling knives up until .28. Hopefully no more surpises up until it hit back at .29.
"No trade is still a trade." - Peter Borish
  • #762,125
  • Jul 28, 2023 7:53am Jul 28, 2023 7:53am
Quoting Waveskierrob
{quote} "Post of the day", but I fear it will fall on deaf ears, as Leon is too far gone, he is ill he doesn't see it but could really do with a rest from trading and this thread...get well soon
Lol, what did he say?Robby boy please do me a favor. Tell Alfie boy to put me on ignore so he also can't see what I write..
Anyway I'm outta here. Have a great weekend Folks.
Trade to trade another day
  • #762,126
  • Jul 28, 2023 7:54am Jul 28, 2023 7:54am
Quoting Waveskierrob
{quote} Can't believe they hid one of the best posts ever...
Not sure but might have been my colourful language, Sheeesh thot they would gimme a pass seeing im a dumb Scot
  • #762,127
  • Jul 28, 2023 7:58am Jul 28, 2023 7:58am
Quoting Wavegarrick
{quote} Lol, what did he say?Robby boy please do me a favor. Tell Alfie boy to put me on ignore so he also can't see what I write.. Anyway I'm outta here. Have a great weekend Folks.
think you've already told him, you do know that he can read your post so no need for me to tell him, yes Leon have great weekend and get some rest...
  • #762,128
  • Jul 28, 2023 7:59am Jul 28, 2023 7:59am
Quoting JereMi256
{quote} Daily bearish structure is still intact IMO. A hourly close above 1.2873 confirms bull power going into next week. {image}
Edited
1.2873 not 1.2876
Face 'ur fears & tame 'ur greed
  • #762,129
  • Jul 28, 2023 8:00am Jul 28, 2023 8:00am
Quoting T721
{quote} Not sure but might have been my colourful language, Sheeesh thot they would gimme a pass seeing im a dumb Scot
Your language was pure poetry...
  • #762,130
  • Jul 28, 2023 8:00am Jul 28, 2023 8:00am
Quoting Georginson
{quote} Not good this July but will get better.
Hi Georg,
waiting for your analysis.
  • #762,131
  • Jul 28, 2023 8:01am Jul 28, 2023 8:01am
Quoting BeeTogether
So US data at expected or below .. is this the trigger we need for 129+?
The US data indicates inflation is in check! Pressure is reduced on the FED for rate increases.
  • #762,132
  • Jul 28, 2023 8:03am Jul 28, 2023 8:03am
Quoting dantpm
{quote} The US data indicates inflation is in check! Pressure is reduced on the FED for rate increases.
that’s my thinking hence the guesstimate of 129+!

but with that we drop 30 odd pips. Will enter a long for a potential move above 129 ordered at 12800
Insane in the Brain..
  • #762,133
  • Jul 28, 2023 8:08am Jul 28, 2023 8:08am
Bull trap activated.
Trade at your own risk.
  • #762,134
  • Edited 8:34am Jul 28, 2023 8:11am | Edited 8:34am
FIBO s major impact in my trading results.

At major fibos, i look for 4 hr open
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Intraday only.
  • #762,135
  • Jul 28, 2023 8:15am Jul 28, 2023 8:15am
thanks to Pat Chiko for encouraging people like me to design their trading system and providing a baseline on which a good system should be based. challenge eveluation phase over , your personal journal sang rule was a blessing. Thank you

and Georginson thanks for providing me data based trading analytics concept. Thank you
  • #762,136
  • Jul 28, 2023 8:19am Jul 28, 2023 8:19am
Quoting BeeTogether
{quote} that’s my thinking hence the guesstimate of 129+! but with that we drop 30 odd pips. Will enter a long for a potential move above 129 ordered at 12800
As dempire1 said, now it just need deep pockets (liquidity) to move it!
  • #762,137
  • Jul 28, 2023 8:26am Jul 28, 2023 8:26am
- 23 % to + 76 % plus is invitation to short.
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Intraday only.
  • #762,138
  • Jul 28, 2023 8:44am Jul 28, 2023 8:44am
Good day guys.

Closing my mt4 charts.

Execpt demo chart.
Intraday only.
  • #762,139
  • Jul 28, 2023 8:59am Jul 28, 2023 8:59am
Quoting Georginson
{quote} Not good this July but will get better.
Any thoughts on August and this third quarter?
  • #762,140
  • Jul 28, 2023 9:06am Jul 28, 2023 9:06am
ECB must be tenacious in face of high inflation, Nagel says (zawya.com)

When DAX starts collapsing, we'll see if he changes his mind.
Trade at your own risk.
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