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Cable Update (GBPUSD)

  • #777,141
  • Sep 21, 2023 9:26am Sep 21, 2023 9:26am
So ya'll trading with this up-and-down elliote wave of recovery?
Secret to the Price Action is Liquidity.
  • #777,142
  • Sep 21, 2023 9:27am Sep 21, 2023 9:27am
Betting on a rebound all the way to 1.27...
"No trade is still a trade." - Peter Borish
  • #777,143
  • Sep 21, 2023 9:34am Sep 21, 2023 9:34am
EU moving up, Gold moving Up, DXY moving down and GU stalled.
  • #777,144
  • Sep 21, 2023 9:37am Sep 21, 2023 9:37am
Quoting Moty
Come on dx mf , drop like a stone {image}
Ty
Attached Image (click to enlarge)
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yes yes yes
  • #777,145
  • Sep 21, 2023 9:38am Sep 21, 2023 9:38am
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
short trump and go long the deepstate
  • #777,146
  • Sep 21, 2023 10:02am Sep 21, 2023 10:02am
eu needs 1072x & 1085x
gu needs 1242x & 1267x

I'll wait up there
COT: The precious data ignored
  • #777,147
  • Sep 21, 2023 10:06am Sep 21, 2023 10:06am
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
Insane in the Brain..
  • #777,148
  • Sep 21, 2023 10:10am Sep 21, 2023 10:10am
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.
  • #777,149
  • Sep 21, 2023 10:12am Sep 21, 2023 10:12am
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.
  • #777,150
  • Sep 21, 2023 10:12am Sep 21, 2023 10:12am
Lol
I didn't manage to publish last trade and it hit allready
Go longy
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yes yes yes
  • #777,151
  • Sep 21, 2023 10:13am Sep 21, 2023 10:13am
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
short trump and go long the deepstate
  • #777,152
  • Sep 21, 2023 10:14am Sep 21, 2023 10:14am
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!
  • #777,153
  • Sep 21, 2023 10:20am Sep 21, 2023 10:20am
Quoting Moty
Lol I didn't manage to publish last trade and it hit allready Go longy {image}

come on moty lets lite this damn fuse so price reaches my target

https://media.istockphoto.com/id/470...VP_2dqIdWqOyM=
short trump and go long the deepstate
  • #777,154
  • Sep 21, 2023 10:33am Sep 21, 2023 10:33am
In long -1.2294...tp-1.2380...sl-1.2255...should achieve in next few hours
  • #777,155
  • Sep 21, 2023 10:34am Sep 21, 2023 10:34am
im goin to watch the last 1/2 hour of price is right and wait for my tp or sl to hit
short trump and go long the deepstate
  • #777,156
  • Sep 21, 2023 10:35am Sep 21, 2023 10:35am
Quoting cablekingdom
In long -1.2294...tp-1.2380...sl-1.2255...should achieve in next few hours
Achieve which exactly, the tp or sl?
  • #777,157
  • Sep 21, 2023 10:36am Sep 21, 2023 10:36am
Quoting BrainBucks
{quote} Achieve which exactly, the tp or sl?
Hahaa u r one intelligent soul ....i really thought someone wud ask....I meant SL
  • #777,158
  • Sep 21, 2023 10:47am Sep 21, 2023 10:47am
you can't force the market, just try to repeat what works.
MY OPINION NOT FINANCIAL ADVISE
  • #777,159
  • Sep 21, 2023 10:48am Sep 21, 2023 10:48am
Quoting cablekingdom
{quote} Hahaa u r one intelligent soul ....i really thought someone wud ask....I meant SL
Right!
Alrighty let's board this plane already
Even 2330 is enough for me right now, given the suspicion I hold against this bounce.
  • #777,160
  • Sep 21, 2023 10:48am Sep 21, 2023 10:48am
Quoting cablekingdom
In long -1.2294...tp-1.2380...sl-1.2255...should achieve in next few hours
cablekingdom, I think the 1.2380 level is unlikely to hit today. It would require a move of 146 pips from today's low. Without a catalyst (important news) it has a small chance of happening. Edit: There is always a chance I can be wrong.
Today DRE hit 200% which coincides with 120%ATR(14). Aggressive entry of C-T trade would give 60 pips profits at target #1 1.2305
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
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