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Cable Update (GBPUSD)

  • #776,701
  • Sep 20, 2023 9:02am Sep 20, 2023 9:02am
Quoting Moty
{quote} Nailed it now the comeack begin {image}
Good luck bro. Still another lucky day for me.
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Don't mind me.. i'm crazy
  • #776,702
  • Sep 20, 2023 9:03am Sep 20, 2023 9:03am
I closed both my long positions manually for a bit of profit. The PA is so unreal at the moment, waiting for the news before taking entry.
Secret to the Price Action is Liquidity.
  • #776,703
  • Sep 20, 2023 9:07am Sep 20, 2023 9:07am
short GU 2398


is that ok with you bones cause i think price will revisit 2340
short trump and go long the deepstate
  • #776,704
  • Sep 20, 2023 9:08am Sep 20, 2023 9:08am
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yes yes yes
  • #776,705
  • Sep 20, 2023 9:08am Sep 20, 2023 9:08am
Quoting cablekingdom
Is GU on drugs?
Every time there is a Fed meeting coming up, price action is always dead. Next time it will again be the same.

Basically a week before Fed you don't even have to look at the charts. I have opened one or two trades from Friday...
  • #776,706
  • Sep 20, 2023 9:08am Sep 20, 2023 9:08am
2405 I have 61.8 fib ext . Got out of my longs toooo early . Bank of England unexpected new took over . So let’s add another shorty . I have a few under water though not looking good . Hedging time again and see how it pans out around here
  • #776,707
  • Sep 20, 2023 9:10am Sep 20, 2023 9:10am
Quoting cablekingdom
{quote} Thanks coreg 2004, that's insightful, took me 10 minutes fully understand the gravity of the chart, please keep giving ur inputs from time to time, will apply this strategy from now onn
cablekingdom, please, check this post to have a better understanding of how I trade the prior day's range.
https://www.forexfactory.com/thread/...8#post14470588
Always trade your own plan...I don't provide trading signals.
  • #776,708
  • Sep 20, 2023 9:17am Sep 20, 2023 9:17am
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yes yes yes
  • #776,709
  • Sep 20, 2023 9:21am Sep 20, 2023 9:21am
Quoting Zebi
short GU 2398 is that ok with you bones cause i think price will revisit 2340
Zebi why do this, I thought you were on the bull side
  • #776,710
  • Sep 20, 2023 9:26am Sep 20, 2023 9:26am
I think its only buy for now (weekly chart)

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  • #776,711
  • Sep 20, 2023 9:26am Sep 20, 2023 9:26am
Quoting Zebi
short GU 2398 is that ok with you bones cause i think price will revisit 2340
1st tp 2363
2nd 2340

sl open cause placed a sell limit at 2425
short trump and go long the deepstate
  • #776,712
  • Sep 20, 2023 9:26am Sep 20, 2023 9:26am
GU needs to break 1.241 and then we flying. I don’t want my trades open for news
  • #776,713
  • Sep 20, 2023 9:27am Sep 20, 2023 9:27am
Quoting Zebi
{quote} 1st tp 2363 2nd 2340 sl open cause placed a sell limit at 2425
Current TP’s are at 1.24368 however depending on PA I might them higher or lower and take a small loss.
  • #776,714
  • Sep 20, 2023 9:28am Sep 20, 2023 9:28am
Quoting JoshLauder98
GU needs to break 1.241 and then we flying. I don’t want my trades open for news

you could bracket your orders but dont try it if you havent seen how fast price reacts to fed decision...watch what it does this time and maybe try it next time
short trump and go long the deepstate
  • #776,715
  • Sep 20, 2023 9:31am Sep 20, 2023 9:31am
Wish me luck
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  • #776,716
  • Sep 20, 2023 9:33am Sep 20, 2023 9:33am
Quoting SCopier
Wish me luck {image}
Whats ur TP’s?
  • #776,717
  • Sep 20, 2023 9:34am Sep 20, 2023 9:34am
i got 2 sell signals which i took the first one on the 15 min and will short again if hourly closes under 2403 in 25 min
short trump and go long the deepstate
  • #776,718
  • Sep 20, 2023 9:35am Sep 20, 2023 9:35am
Quoting JoshLauder98
{quote} Whats ur TP’s?
R2 1.24500
  • #776,719
  • Sep 20, 2023 9:35am Sep 20, 2023 9:35am
Quoting Headland
...LL (current dly/asian lo,) LH, and now a HL on 1hr now 1hr below {image}
...nice move up from that 1hr HL, now challenging 4hr part of the prev 1hr/4hr sw hi zone that extends up to y/day's 2424 hi after an upside breach of Asain hi. Dly R1 in there higher up. 87% 30day adr traveled today so far lo-hi.

1hr below
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Trader with an Edge.
  • #776,720
  • Sep 20, 2023 9:40am Sep 20, 2023 9:40am
exiting longs here, may go higher but ADR (87) has nearly been reached, current range is 77. I don't believe we will make weekly pivot today unless news is positive. If we see significant retrace prior to news I may jump into a long.
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