Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#781,041
Oct 6, 2023 6:35am Oct 6, 2023 6:35am

JackintheBox
Joined Sep 2008 | Status: Trader | 2,275 Posts

Quoting firsttimer

Disliked

1.21 to 1.222. 120 pip range for both longs and shorts. {image}

Ignored

Yes, true, saw that, too. I don't like that, it is too open in both directions. No real bias possible. I few cases you even get a V-Shape Formation so also short here is dangerous. No-Mans Land. You trade it already with a breakout strategy but it can flip you a lot but overall could be a good system to test in such environment.

#781,042
Oct 6, 2023 6:36am Oct 6, 2023 6:36am

Elysion
Joined Sep 2022 | Status: Trader | 2,296 Posts

Bought more. So that I can contribute to the market to move into 1.20

Exhausted

#781,043
Oct 6, 2023 6:36am Oct 6, 2023 6:36am

Reverso
Joined Apr 2022 | Status: Trader | 630 Posts

Quoting Moty

Disliked

Come on mister 1000$ eqvity {image}

Ignored

Wow, new deposit or profit towards 600 account from 200?

https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620

Freedom you deserve. All Time Return: 59.1%

#781,044
Oct 6, 2023 6:38am Oct 6, 2023 6:38am

JackintheBox
Joined Sep 2008 | Status: Trader | 2,275 Posts

Be cautious now, if a new drop comes to 1.2108 than it will happen now. Shorties covered. Now it will show what's going on. I think it is too late already for a V-Formation so upward side is limited now. Bias on short now.

#781,045
Oct 6, 2023 6:38am Oct 6, 2023 6:38am

JackintheBox
Joined Sep 2008 | Status: Trader | 2,275 Posts

Quoting Elysion

Disliked

Bought more. So that I can contribute to the market to move into 1.20

Ignored

LOL

#781,046
Oct 6, 2023 6:39am Oct 6, 2023 6:39am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts

Quoting Zebi

Disliked

{quote} youre never wrong since you never committ to a position LOL you like heckling people and hoodwinking the room that your some elder statesman of trading with your canary wharf joke since you never post a trade just some worthless charts with out explanation

Ignored

neither have you, calling positions willy-nilly means nothing
cause you're a newbie you don't realise how dumb what you're doing is.

On-site guru & also FF member's' psychiatrist, when not drinking tea

#781,047
Oct 6, 2023 6:39am Oct 6, 2023 6:39am

JereMi256
Joined Nov 2021 | Status: Meeseeks | 1,890 Posts

Quoting ScalaFX

Disliked

{quote} boom! Taken half and protected

Ignored

Good to see you back

Face 'ur fears & tame 'ur greed

#781,048
Oct 6, 2023 6:40am Oct 6, 2023 6:40am

JackintheBox
Joined Sep 2008 | Status: Trader | 2,275 Posts

Quoting JackintheBox

Disliked

Be cautious now, if a new drop comes to 1.2108 than it will happen now. Shorties covered. Now it will show what's going on. I think it is too late already for a V-Formation so upward side is limited now. Bias on short now.

Ignored

No long for me now. Volume thin on downside, easy to push it down now. Be careful with longs.

#781,049
Oct 6, 2023 6:41am Oct 6, 2023 6:41am

Headland
Joined Apr 2020 | Status: Trader | 8,804 Posts

...it was a strong bounce up from current dly lo after the 114pip drop from current dly hi....5 reasons shown on chart below (confluence!) why it was a good short scalp (+?) - after the rise....6 if I include the 3min bearish hidden div and o/b set-up.
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Have a good w/e.

1hr below

Attached Image (click to enlarge)