Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#765,921
Aug 10, 2023 5:54am Aug 10, 2023 5:54am

voeltoez
Joined Jul 2011 | Status: Hi hoo im back!! | 2,678 Posts

last trade..
dont follow if you dont have free balance to lose it..
i will lose it all if gu fly to 2850..
anyway i have hedge on another acc on long..

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#765,922
Aug 10, 2023 5:57am Aug 10, 2023 5:57am

TheWraith
Joined Jun 2023 | Status: Net Free | 1,970 Posts

Quoting Fardeen1209

Disliked

{quote} It was a good moments when you dont know where price will possibly going on red data release so we simply put 15pips buy stops and 15 pip sell stop above/below the current price 2 mins before the news. One day, it was a NFP day, price didnot go in a straight line on one side movement only, it spiked both sides. I was like (wtf i just do to my account). Ever since either my entry is at least 1 hr before the news. If is less, it rides without me. Another day, another opportunity to be perceived

Ignored

Yeah.... news are the killers, especially this crap which is, safe to say, the most impactful news we have in FX nowadays.
That was so stupid back then hahahah... was fun, but stupid.

Instead of catching thrill while in the trade before the news, I compensate by looking at M1 candle on the news. Same dose of drugs I need, but no losses ahahah

#765,923
Aug 10, 2023 5:58am Aug 10, 2023 5:58am

TheWraith
Joined Jun 2023 | Status: Net Free | 1,970 Posts

Quoting voeltoez

Disliked

last trade.. dont follow if you dont have free balance to lose it.. i will lose it all if gu fly to 2850.. anyway i have hedge on another acc on long.. {image}

Ignored

GL! May the almighty hammer assist you in this one!

#765,924
Aug 10, 2023 6:00am Aug 10, 2023 6:00am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Quoting Moty

Disliked

{quote} waiting for the signal {image} {image} {image}

Ignored

The signal came , 90 $ booked

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yes yes yes

#765,925
Aug 10, 2023 6:00am Aug 10, 2023 6:00am

voeltoez
Joined Jul 2011 | Status: Hi hoo im back!! | 2,678 Posts

Quoting ScalaFX

Disliked

{quote} if! I would say that data will be bad, that can explode GU and EU to a last hights, lets see whats happen, my longs protected both pairs, waiting...

Ignored

for last 5 month ...cpi brings GU to fly and bullish..

#765,926
Aug 10, 2023 6:02am Aug 10, 2023 6:02am

dempire1
| Membership Revoked | Joined Jun 2021 | 1,876 Posts

Closing trade.

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How to succeed in zero sum game?

#765,927
Aug 10, 2023 6:02am Aug 10, 2023 6:02am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,004 Posts

90mins till data and I think this could be fun and games. However like recent red sticker data we might even end up in stalemate

Insane in the Brain..

#765,928
Aug 10, 2023 6:04am Aug 10, 2023 6:04am

TheWraith
Joined Jun 2023 | Status: Net Free | 1,970 Posts

If price goes up on CPI:

Resistance is @ 1.28800

If price goes down on CPI:

Support is @ 1.26000

#765,929
Aug 10, 2023 6:11am Aug 10, 2023 6:11am

pipfarm
Joined Oct 2010 | Status: Trader | 4,465 Posts

DXY

Not enough data for D1 to show on my screen as this is a futures contract but looks like D1 is below W1

D1 from H4 looks like it is moving into a correction with swing C breaking down for a short which could go well for longs on GU, EU AND AU

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Follow The Markets Structure - Patience and Discipline

#765,930
Aug 10, 2023 6:12am Aug 10, 2023 6:12am

Nordling
Joined Apr 2021 | Status: Trader | 5,844 Posts

Quoting ScalaFX

Disliked

{quote} if! I would say that data will be bad, that can explode GU and EU to a last hights, lets see whats happen, my longs protected both pairs, waiting...

Ignored

Yes, if CPI data fails, EU and GU will go up big time. Yet, i don't think it will be enough to reverse the bearish momentum, everyone is talking about a recession in UK. Which is creating a fear for GU

You have to have an IQ higher than 90 to interact with this user.

#765,931
Aug 10, 2023 6:14am Aug 10, 2023 6:14am

ScalaFX
Joined May 2021 | Status: Trader | 7,225 Posts

Quoting voeltoez

Disliked

{quote} for last 5 month ...cpi brings GU to fly and bullish..

Ignored

thats why I dont predict that will be good number but we will see, I wish you close your shorts in extra bonus profit,proice can go both sides to shake sellers and buyers, be ready my Bro

People don't plan to lose. They lose because they don't plan.

#765,932
Aug 10, 2023 6:14am Aug 10, 2023 6:14am

josi
Joined Aug 2019 | Status: Trader | 733 Posts

Quoting voeltoez

Disliked

last trade.. dont follow if you dont have free balance to lose it..

Ignored

As far as I can see there wasn't one entry signal on higher TF when you entered your trades.
I think everyone can see that there is a hypothetical reversal zone around 1.2780 (as we are in a range) but even then you'd normally need some indication of price reacting to it; and you wouldn't just start selling way ahead of that point (as it isn't the most profitable point to enter, even if the trade should eventually go your way etc).
So I dare to ask the question: what is your trading method based on, i. e. what defines your entries and exits?

#765,933
Aug 10, 2023 6:16am Aug 10, 2023 6:16am

TheWraith
Joined Jun 2023 | Status: Net Free | 1,970 Posts

Quoting Nordling

Disliked

{quote} Yes, if CPI data fails, EU and GU will go up big time. Yet, i don't think it will be enough to reverse the bearish momentum, everyone is talking about a recession in UK. Which is creating a fear for GU

Ignored

Well, if CPI comes lower then forecast, Weekly is back on track and will maintain it's uptrend. Only Monthly will stay in downtrend, but even Monthly will come in question once price gets to 1.33.

#765,934
Aug 10, 2023 6:18am Aug 10, 2023 6:18am

AlfieSolomon
Joined May 2021 | Status: Trader | 1,128 Posts

Quoting ScalaFX

Disliked

We must hire some lawyers here to figure out some happenings here anyway I wish all good trading day, my longs at EU still open after partials, GU too, Gold added some at 1915, 1920 target is 1970 medium term, cheers!

Ignored

I just shorted gold take profit 1914

#765,935
Aug 10, 2023 6:25am Aug 10, 2023 6:25am

voeltoez
Joined Jul 2011 | Status: Hi hoo im back!! | 2,678 Posts

Quoting josi

Disliked

{quote} As far as I can see there wasn't one entry signal on higher TF when you entered your trades. I think everyone can see that there is a hypothetical reversal zone around 1.2780 (as we are in a range) but even then you'd normally need some indication of price reacting to it; and you wouldn't just start selling way ahead of that point (as it isn't the most profitable point to enter, even if the trade should eventually go your way etc). So I dare to ask the question: what is your trading method based on, i. e. what defines your entries and exits?...

Ignored

im using bollinger bands to swing..sar to priceaction and adx to trend strength..when im going crazy i use M1 to trade..
but im also a hedge trade..mostly i trade againts my wife..lol..

#765,936
Aug 10, 2023 6:30am Aug 10, 2023 6:30am

navk
Joined Oct 2010 | Status: Trader | 21,478 Posts

Quoting Pat Chiko

Disliked

{quote} I need to be entertained by Karen and the gang. That how it is ,posting hind sight is easy ,but posting real time is the challenge. I hope she got that message now. YES those ar hind sight, that demonsstrate how Karen can get 20/20 trades call flawless.

Ignored

Leave it at that Pat.

Post your charts..it had been good.

Not this kind of posts henceforth pls.

Intraday only.

#765,937
Aug 10, 2023 6:31am Aug 10, 2023 6:31am

T721
Joined Oct 2020 | Status: couldn't give a flying duck | 7,362 Posts

Quoting voeltoez

Disliked

{quote} im using bollinger bands to swing..sar to priceaction and adx to trend strength..when im going crazy i use M1 to trade.. but im also a hedge trade..mostly i trade againts my wife..lol..

Ignored

mostly i trade againts my wife..lol.. LMAO