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Cable Update - Continued 61 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting iusman23
Seniors, enlist some platforms for me where I can read fundamentals. It’ll make more easier for me to understand liquidity and use fundamentals to understand the direction of the GBP and other currencies.
I think it starts with studying the S/R levels.
if you start in this direction, it assumes a certain strategy.
Quoting Zebi
{quote} closed 2262 for small profit before my sl gets hit will go long again on a signal

guess they faked me out...waiting for another buy signal
stay with the 5% contrarians not the 95% losers
Quoting tiborf71
{quote} I think it starts with studying the S/R levels. if you start in this direction, it assumes a certain strategy.
can you please elaborate a little?
Secret to the Price Action is Liquidity.
Quoting iusman23
{quote} can you please elaborate a little?
a kind of traditional approach is when we build our analysis around the S/R levels.
but there are many approaches, you can choose anything according to your needs.
long 2280


tp 2316 still think price gets back to 2320 but dont want to be tortured trying to squeeze out a few extra pips
stay with the 5% contrarians not the 95% losers
Quoting JackintheBox
{quote} Well... no. Just saw a big drop from 1.2264 to 1.2256 in no second. Someone big was selling but could be adjustments. Time for keep hands still. Roulette currently.
you got to swing to the rhythm of the market

Inserted Video
stay with the 5% contrarians not the 95% losers
Quoting donfriday
your trade will come to you just keep waiting. {image}
back underwater tp miss by 2 pips
PLAN YOUR RISK & REWARD BEFORE INVEST
Quoting ScalaFX
{quote} SL, longed one more time 26400
partials taken, protected, loss covered plus some shekels
People don't plan to lose. They lose because they don't plan.
So ya'll trading with this up-and-down elliote wave of recovery?
Secret to the Price Action is Liquidity.
Betting on a rebound all the way to 1.27...
"No trade is still a trade." - Peter Borish
EU moving up, Gold moving Up, DXY moving down and GU stalled.
Quoting Moty
Come on dx mf , drop like a stone {image}
Ty
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Quoting Zebi
long 2280 tp 2316 still think price gets back to 2320 but dont want to be tortured trying to squeeze out a few extra pips

this is just short covering gentlemen

as soon as it stops price will start drifting back to a test of lows

i put sl at even and will keep moving up to protect profits
stay with the 5% contrarians not the 95% losers
eu needs 1072x & 1085x
gu needs 1242x & 1267x

I'll wait up there
COT: The precious data ignored
Quoting Lbrto
Betting on a rebound all the way to 1.27...
lets hope so! Although it will be worth noting that 127 could be a the ceiling in October. The UK is an economic shitshow and the balance act between calming inflation and a recession could lead to more of a cluster fuck approach by the government
If you think massacre is over, think again! Haha

BoJ tommorow, along with thousand High-Impact News!

Manufacturing, Services, Retail Sales...

Tommorow could be the day GBP/USD will finally reach 1.215. After that, I don't know where GBP/USD will go. Could go to 1.19 or 1.215 will be the end of this Sell.
We'll see tommorow, also, Fridays are known for retracements, so... well, we'll see..

72% Long.
Sell limit 1.2300 just got a hit. I'm in selling position, another sell limit at 1.23200 waiting just in case GU recovers more.
Secret to the Price Action is Liquidity.
Lol
I didn't manage to publish last trade and it hit allready
Go longy
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Quoting Zebi
long 2280 tp 2316 still think price gets back to 2320 but dont want to be tortured trying to squeeze out a few extra pips

moved sl to 1985 to earn something form all my hard work sitting in my underwear in front of the computer in case shorts stop covering and price drops
stay with the 5% contrarians not the 95% losers
Quoting BeeTogether
{quote} lets hope so! Although it will be worth noting that 127 could be a the ceiling in October. The UK is an economic shitshow and the balance act between calming inflation and a recession could lead to more of a cluster fuck approach by the government

The municipal fair wage fiasco, how to fund 'it' and how to figure out what taxes are required to fund municipal services will be a huge challenge for the UK!
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