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Cable Update (GBPUSD)

  • #772,981
  • Sep 6, 2023 9:02am Sep 6, 2023 9:02am
Quoting pipfarm
{quote} That was a long wait for the drop, still concerned by the divergence but gold signalled short earlier too. Before and after {image} {image}

Wow 70 pips from entry, big drop just now
Follow The Markets Structure - Patience and Discipline
  • #772,982
  • Sep 6, 2023 9:02am Sep 6, 2023 9:02am
Quoting tradexyz
{quote} Well, to make a long story short, I'm not even sure why we're still discussing this.... {image}
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  • #772,983
  • Sep 6, 2023 9:02am Sep 6, 2023 9:02am
Quoting boodvah
{quote} {image} been teaching myself to code lately so haven’t been actively trading. It looks like I got in early in a medium time frame 1-2-3 move. Still no sl or tp.
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Very happy with the outcome. I did not account for news but I exited with around $8 profit. Clean trade.
be a thinker before being a reacter
  • #772,984
  • Sep 6, 2023 9:03am Sep 6, 2023 9:03am
Quoting donfriday
Straight to TP ny
till next week done for now
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MY OPINION NOT FINANCIAL ADVISE
  • #772,985
  • Sep 6, 2023 9:03am Sep 6, 2023 9:03am
Quoting Georginson
{quote} Buy from 1.2542 exited at 1.2577... +35 pips... I will wait to buy from 1.247+ area or wait to sell from 1.2700 area... Today's expected range is 120 - 140 pips.
bought @1.2485.. target 1.2600
Data + Stat + Risk/Emotions Management
  • #772,986
  • Sep 6, 2023 9:05am Sep 6, 2023 9:05am
Yesterday Alfiesolomons said Fundamental doesnt matter, Wonder if he is still alive
Another in here
More time in the market, does not mean you trade better!
  • #772,987
  • Sep 6, 2023 9:05am Sep 6, 2023 9:05am
Quoting donfriday
Straight to TP ny
Same here bro, massive slippage towards TP, TP set at 1.25200, slipped and closed at 1.25142
I split my trade into 2 equal half, now the 2nd half of the trade secured at BE and let it trail and run.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 64.3%
  • #772,988
  • Sep 6, 2023 9:05am Sep 6, 2023 9:05am
Attached Image (click to enlarge)
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yes yes yes
  • #772,989
  • Sep 6, 2023 9:06am Sep 6, 2023 9:06am
Ignore the bad entries

Nice ote, not done dropping should run another 23~% down unless it's an ab cd, then should still overshoot a bit
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  • #772,990
  • Sep 6, 2023 9:08am Sep 6, 2023 9:08am
Quoting Fardeen1209
Closing 75% off my shorts +57p, GOLD already flying
My Day is over after a long wait
The choppy market is really exhausting
Win in GU EU(still riding) AU(still riding),love trading
Tomorrow EZ Final GDP will put some pressure on EU
Bloomberg consensus is divided between stay the same or Revised Lower
More time in the market, does not mean you trade better!
  • #772,991
  • Sep 6, 2023 9:09am Sep 6, 2023 9:09am
USD is an absolute powerhouse!

Sidelines...
  • #772,992
  • Sep 6, 2023 9:11am Sep 6, 2023 9:11am
Quoting Wavegarrick
{quote} Gu setting up for sell trades. 1.250000 next target. Cheers. {image}
1.25000 it is.
Adios.
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Trade to trade another day
  • #772,993
  • Sep 6, 2023 9:11am Sep 6, 2023 9:11am
Risk 1
reward 3

25 sl for 75 tp
MY OPINION NOT FINANCIAL ADVISE
  • #772,994
  • Sep 6, 2023 9:15am Sep 6, 2023 9:15am
Quoting Georginson
{quote} bought @1.2485.. target 1.2600
Seems like a good place to swing buy now.
Exhausted
  • #772,995
  • Sep 6, 2023 9:17am Sep 6, 2023 9:17am
Crazy day after retarded morning session (as almost always, morning session is a waste of time, only rarely not).

BoC left rates at 5% thank God. So, this market isn't as corrupt as I thought. That's good.
  • #772,996
  • Sep 6, 2023 9:19am Sep 6, 2023 9:19am
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yes yes yes
  • #772,997
  • Sep 6, 2023 9:20am Sep 6, 2023 9:20am
What will be the next "strong" support?
Weekly Demand zone, or 0.5 fib level
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Saw couple institutional posts targeting the 50% fib level
More time in the market, does not mean you trade better!
  • #772,998
  • Sep 6, 2023 9:24am Sep 6, 2023 9:24am
Quoting dantpm
{quote} That the stop hunt for people setting up long or short for quick profits in front of the red news!

100 pip stop hunt ,seriously
Follow The Markets Structure - Patience and Discipline
  • #772,999
  • Sep 6, 2023 9:25am Sep 6, 2023 9:25am
1.242 is Monthly Support. Price may drop to that level before it reverses.
  • #773,000
  • Sep 6, 2023 9:28am Sep 6, 2023 9:28am
bought GJ again
Attached Image (click to enlarge)
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