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Cable Update (GBPUSD)

  • #777,601
  • Sep 22, 2023 1:59pm Sep 22, 2023 1:59pm
Quoting Waveskierrob
{quote} Markets are always changing...
Waveski, no $heet Sherlock...
Always trade your own plan...I don't provide trading signals.
  • #777,602
  • Sep 22, 2023 2:02pm Sep 22, 2023 2:02pm
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yes yes yes
  • #777,603
  • Edited 2:21pm Sep 22, 2023 2:05pm | Edited 2:21pm
Quoting Coreg2004
NY session sucks, third day this week, but I refuse to move to Europe to trade the London session... {image}
Hi Coreg,
Perfect charts, thank you!
Living in Europe is ideal, I trade all 3 sessions.
London drastic moves 9-11am, NY news 1-2pm with finishing off around 5-8pm. Then Asia 1-2 at night and best is closure from 7 to 8 in the morning.

So, yes Coreg it is worth considering
  • #777,604
  • Sep 22, 2023 2:19pm Sep 22, 2023 2:19pm
Quoting Zebi
{quote} doesnt look like ill go long this hour i placed a buy limit order at the low

i got one crow so theres two left


im gona close this today cause took it on oanda but M6B futures didnt diddle the low like the shitbag forex brokers so price will fall sunday or monday for the real low test on futures.... look at both charts on your brokers platform gentlemen...this is how your forex brokers screw you and thats why i dont believe big shot traders do it with shitbag forex brokers on here when futures is more honest and cheaper to trade big size in a real account..prop firm is something different LOL

the stupid will think they picked a bottom but futures still got to drop to reach the lows


im bearish for the rest of the year and into next but for next week and maybe another im boolish GU
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short trump and go long the deepstate
  • #777,605
  • Sep 22, 2023 2:20pm Sep 22, 2023 2:20pm
Nice, slow and steady bearish trend recently.
circa 12050 next support if this slides nicely
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  • #777,606
  • Sep 22, 2023 2:31pm Sep 22, 2023 2:31pm
Quoting Zebi
{quote} i got one crow so theres two left im gona close this today cause took it on oanda but M6B futures didnt diddle the low like the shitbag forex brokers so price will fall sunday or monday for the real low test on futures.... look at both charts on your brokers platform gentlemen...this is how your forex brokers screw you and thats why i dont believe big shot traders do it with shitbag forex brokers on here when futures is more honest and cheaper to trade big size in a real account..prop firm is something different LOL the stupid will...
\
put in sl so make a little if drops the last hour
short trump and go long the deepstate
  • #777,607
  • Sep 22, 2023 2:32pm Sep 22, 2023 2:32pm
Quoting Jolita
{quote} Hi Coreg, Perfect charts, thank you! Living in Europe is ideal, I trade all 3 sessions. London drastic moves 9-11am, NY news 1-2,pm with finishing off around 5-8pm. Then Asia 1-2 at night and best is closure from 7 to 8 in the morning. So, yes Coreg it is worth considering
Jolita, thanks. I know I should start at 6 a.m. NY time b/c the morning London move often exhausts at that hour. During the Tokyo session, I like to enter between 9-10 p.m. NY time, but my TP is very conservative b/c I'm not in front of the monitor, and I trade without SL.
Always trade your own plan...I don't provide trading signals.
  • #777,608
  • Sep 22, 2023 2:38pm Sep 22, 2023 2:38pm
...in office finishing up some other stuff, thought I'd take a last look at the charts. Price challenged y/day's lo at bottom of that prev 1hr/minor 4hr sw lo zone again, = prev supp = pot supp, and again ran into some demand. Seems the market is probably not ready to achieve a new wkly lo let alone that 2150 Wkly S3 this late with just over 1hr to go till week's close. The bounce up ran headlong into a prev 30min sw lo zone = prev res = pot sbr and fib (on 1hr.)
----------------------------------------------------------
It's been a pleasant couple of days back in the thread, hope the 'peace/ceasefire' continues!

1hr/4hr below
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Trader with an Edge.
  • #777,609
  • Sep 22, 2023 2:50pm Sep 22, 2023 2:50pm
Target next week 1.2280-1.23 then will short
  • #777,610
  • Sep 22, 2023 3:01pm Sep 22, 2023 3:01pm
Quoting Moty
this indicator can't loss {image}
Do you have a link to this Advanced RSI Tradingview indicator ?
I am who I am
  • #777,611
  • Sep 22, 2023 3:07pm Sep 22, 2023 3:07pm
weekend.....
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  • #777,612
  • Edited 3:26pm Sep 22, 2023 3:08pm | Edited 3:26pm
Quoting iusman23
{quote} Not listening to anyone, just cannot figure out how to properly use SL, I hit it again and again, and later price move to my tp target.
My trade conduction is setting wide SL ( 100 pips ) for prop account required to set SL, pending hedge in short distance (10~20 pips) . I don't set SL in brokers accounts, only pending hedge. Limit total position size according to balance/captal. Add positions when there're already some in profit. ( T721 taught me this. )

New York session always plays trap reversal, with fast speed price parade running against you. My experience teach me if that happens, SL manually ASAP, or hedge it , leave it there. Don't add more positions then fall into their serial traps.

I'll take other's posts in this thread for reference, that help sometimes, at least know more about price level, fundamental , TA. Most of those are beneficial for me.
  • #777,613
  • Sep 22, 2023 3:09pm Sep 22, 2023 3:09pm
Quoting shakmoney
Target next week 1.2280-1.23 then will short
You are better off just going short and holding it....first target is 1.16....good place to do so in my view.
  • #777,614
  • Sep 22, 2023 3:20pm Sep 22, 2023 3:20pm
Quoting imwim
{quote} Do you have a link to this Advanced RSI Tradingview indicator ?
In TradingView under indicators it is called RSI Signals by HB
  • #777,615
  • Sep 22, 2023 3:22pm Sep 22, 2023 3:22pm
Quoting Zebi
{quote} \ put in sl so make a little if drops the last hour

im out for 4 pips
short trump and go long the deepstate
  • #777,616
  • Sep 22, 2023 3:29pm Sep 22, 2023 3:29pm
Quoting shakmoney
{quote} You've been long on this pair for months
well it went up for months
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #777,617
  • Sep 22, 2023 3:33pm Sep 22, 2023 3:33pm
I think gbp need to test 1.2330 and later go bearish all the year to 1.1829
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  • #777,618
  • Sep 22, 2023 3:34pm Sep 22, 2023 3:34pm
Quoting Bones
{quote} well it went up for months
you've been long all year
  • #777,619
  • Sep 22, 2023 3:35pm Sep 22, 2023 3:35pm
Quoting shakmoney
{quote} you've been long all year
thats right
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #777,620
  • Sep 22, 2023 3:55pm Sep 22, 2023 3:55pm
It hit this major tl
it has gone up for a year previous
well nearly hit it
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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