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Cable Update (GBPUSD)

  • #778,841
  • Edited 11:36am Sep 28, 2023 10:34am | Edited 11:36am
Quoting kenny4real
{quote} So what's the state of these now?
Hey Kenny,
Lost an arm and a leg. Was counting on a rebound off 1.22000 as price was over stretched, but it did not happen. This got me into some short trades below 1.22000. I am hoping for a test of my weekly pivot at 1.22959. Last day of month tomorrow and 3rd quarter. Volatile moves more than likely going into Friday.
Cheers.
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Trade to trade another day
  • #778,842
  • Sep 28, 2023 10:36am Sep 28, 2023 10:36am
price for now it trading over my ema 1 hour so up i hope
  • #778,843
  • Sep 28, 2023 10:37am Sep 28, 2023 10:37am
Quoting TheWraith
{quote} Bought Gold and that's it at 1858 Weekly Support Zone (Last Weekly Support). I Gold is over and now it's going up to crash triple top and reach 2500$.
GL
  • #778,844
  • Sep 28, 2023 10:41am Sep 28, 2023 10:41am
Price hiyt my fib 61.8 3 times and broke and tested so full power ahead fib ext now if it breaks the top
  • #778,845
  • Sep 28, 2023 10:45am Sep 28, 2023 10:45am
Quoting navk
{quote} When you see the daily open with respect to Pivot, you will get an idea what the price is going to do especially in a trending market. Daily pivot is not good on reversal day ( like today )
It did respect R1 and R2 today though did it not with a classic test/reject/retest/break? That's where I made my money today.
Rgds, Angus
  • #778,846
  • Sep 28, 2023 10:46am Sep 28, 2023 10:46am
I knew that it will come back up
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yes yes yes
  • #778,847
  • Sep 28, 2023 10:49am Sep 28, 2023 10:49am
dump that dollar!! GU 1.3 is the dream
  • #778,848
  • Sep 28, 2023 10:50am Sep 28, 2023 10:50am
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State of play
  • #778,849
  • Sep 28, 2023 10:53am Sep 28, 2023 10:53am
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Mmmm candle ?? Don’t spoil it
  • #778,850
  • Sep 28, 2023 10:54am Sep 28, 2023 10:54am
Quoting elbert3
{image} State of play
Nice one Billy - you deserve a day off tomorrow. Thanks for sharing.
Rgds, Angus
  • #778,851
  • Sep 28, 2023 11:00am Sep 28, 2023 11:00am
Quoting adc
{quote} Nice one Billy - you deserve a day off tomorrow. Thanks for sharing. Rgds, Angus
thanks mate hope I helped out . as ever Regards B
  • #778,852
  • Sep 28, 2023 11:03am Sep 28, 2023 11:03am
Quoting Wavegarrick
{quote} Hey Kenny, Lost and arm and a leg. Was counting on a rebound off 1.22000 as price was over stretched, but it did not happen. This got me into some short trades below 1.22000. I am hoping for a test of my weekly pivot at 1.22959. Last day of month tomorrow and 3rd quarter. Volatile moves more than likely going into Friday. Cheers. {image}
Oof, over 100 pips lost per position on total of how many positions? Are you trying to be like me grandad?
How to succeed in zero sum game?
  • #778,853
  • Sep 28, 2023 11:08am Sep 28, 2023 11:08am
Waiting for ema to catch up I hope traded down to it for a few . Don’t like the candle on the top of 5 min thou
  • #778,854
  • Sep 28, 2023 11:10am Sep 28, 2023 11:10am
Quoting dempire1
{quote} Oof, over 100 pips lost per position on total of how many positions? Are you trying to be like me grandad?
Yes
Trade to trade another day
  • #778,855
  • Sep 28, 2023 11:13am Sep 28, 2023 11:13am
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Could be shorting period . If so 2070 could be on the cards but let’s play it out
  • #778,856
  • Sep 28, 2023 11:14am Sep 28, 2023 11:14am
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Have to go with the rule
  • #778,857
  • Sep 28, 2023 11:52am Sep 28, 2023 11:52am
See if we can flip back long here 2200
  • #778,858
  • Sep 28, 2023 11:52am Sep 28, 2023 11:52am
anybody knows that indi
It looks very good
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yes yes yes
  • #778,859
  • Sep 28, 2023 11:55am Sep 28, 2023 11:55am
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State of play hoping the 1 hope ema will target and support the long
  • #778,860
  • Sep 28, 2023 11:56am Sep 28, 2023 11:56am
Even the graphics wrong...so I altered it
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