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Cable Update (GBPUSD)

  • #780,501
  • Oct 5, 2023 3:34am Oct 5, 2023 3:34am
Imo theres a bull somewhere over here..

the sell will come later/tomorrow

dont trust me, the trend is down
  • #780,502
  • Oct 5, 2023 3:37am Oct 5, 2023 3:37am
Quoting helioss
Bears have control....no buying at moment {image}
is it volume indicator?
  • #780,503
  • Oct 5, 2023 3:38am Oct 5, 2023 3:38am
Quoting JackintheBox
{quote} Ok, numbers were really bad. Drop quite less for news so shorties have problems to push it more down but It probably will go down more but slowly. No trade for me. You could short on all retraces (currently 1.2130 around) but that is not my game. Cheers.
Now you had a perfect short setup. 1.2130 was reached. As I said, I don't trade like that but as a trend trader that was a good setup to short, expect new lows now.
  • #780,504
  • Oct 5, 2023 3:39am Oct 5, 2023 3:39am
Quoting Whale
{quote} is it volume indicator?
Yes python script to analyze BUY/SELL volume on Future Pound
  • #780,505
  • Oct 5, 2023 3:40am Oct 5, 2023 3:40am
No way this ingulfing daily candle not give atleast another one push up
Attached Image (click to enlarge)
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yes yes yes
  • #780,506
  • Oct 5, 2023 3:42am Oct 5, 2023 3:42am
Houston,i hope we don't have a problem
Let's see how it close hourly
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yes yes yes
  • #780,507
  • Oct 5, 2023 3:43am Oct 5, 2023 3:43am
Ok i found it.

Buy stop on the chart
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  • #780,508
  • Oct 5, 2023 3:43am Oct 5, 2023 3:43am
Quoting navk
I follow the flow...selling now. {image}
Be careful,
NFP will be tricky,
and Big Boys do have Tendency to Adjust Positions ahead of News so today might be Choppy and considering Pull back in USD index at 107,
might not be a good idea to sell Pound for me,
i will be looking to buy just my Thoughts,
Good Luck,
i am Looking for USDCAD GBPCAD EURCAD,
Because these pairs are now OIL went down yesterday which made Loonie lost almost 80 pips,
a little Recovery in Oil will make USDCAD hit 1.3700
anyways i am just telling you guys what i trade in 17 pairs i traded in GBPNZD EURNZD yesterday,
so paris doesnt matter what matters is Fundamentals News which ever it is if it is worth doing i try to do it well.
thats why i didnt trade in GBPUSD for a while i did some small trades but not much,
i will link my account so you can see
Thank you
Don't compare your Trades with Others
  • #780,509
  • Oct 5, 2023 3:47am Oct 5, 2023 3:47am
Target 2109
  • #780,510
  • Oct 5, 2023 3:48am Oct 5, 2023 3:48am
It has been a good week, and looks like an easy day tomorrow too. Trade safe everyone. Choppy seas ahead for a few hours
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Emotional Control. Process, not outcome.
  • #780,511
  • Oct 5, 2023 3:50am Oct 5, 2023 3:50am
I needed some lone and quiet after yesterday's loss.

Revenge trades going smooth.
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Face 'ur fears & tame 'ur greed
  • #780,512
  • Oct 5, 2023 3:50am Oct 5, 2023 3:50am
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  • #780,513
  • Oct 5, 2023 3:58am Oct 5, 2023 3:58am
Shorting eurusd here
Master your mind. Master Trading.
  • #780,514
  • Oct 5, 2023 3:58am Oct 5, 2023 3:58am
Quoting JereMi256
I needed some lone and quiet after yesterday's loss. Revenge trades going smooth. {image}
...I understand how you feel but you really don't have to call it "revenge trades", cos tolling the path of revenge could be more fatal!
Trade safe
  • #780,515
  • Oct 5, 2023 4:04am Oct 5, 2023 4:04am
Quoting Moty
First loss to the new strategy, 9 pips It's very surprising because the regular st , didn't gave the Signal , useally he is the one who give folse signals {image}
But don't stop! Don't let this one loss make you flip strategies again... you have to stick with it Moty, keep calm, expect a few loosers in a row, but don't change. You got this!
Emotional Control. Process, not outcome.
  • #780,516
  • Oct 5, 2023 4:05am Oct 5, 2023 4:05am
Quoting Whale
Imo theres a bull somewhere over here.. the sell will come later/tomorrow dont trust me, the trend is down
Bulls presence can be seen in lower tf. But both side also don't have significant power shown for strong direction.
Exhausted
  • #780,517
  • Oct 5, 2023 4:07am Oct 5, 2023 4:07am
Quoting JackintheBox
{quote} Now you had a perfect short setup. 1.2130 was reached. As I said, I don't trade like that but as a trend trader that was a good setup to short, expect new lows now.
  • #780,518
  • Oct 5, 2023 4:10am Oct 5, 2023 4:10am
Entering longs into 1.22 or recent high.
10 pips in.
Late post kek.
Exhausted
  • #780,519
  • Oct 5, 2023 4:13am Oct 5, 2023 4:13am
Quoting kenny4real
{quote} ...I understand how you feel but you really don't have to call it "revenge trades", cos tolling the path of revenge could be more fatal! Trade safe
That's true, it's a comeback then.
Face 'ur fears & tame 'ur greed
  • #780,520
  • Oct 5, 2023 4:15am Oct 5, 2023 4:15am
Quoting Whale
Ok i found it. Buy stop on the chart {image}
cancel it.


im not sure about buy right now.. maybe lower

good luck all.. be back on NY
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