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Cable Update (GBPUSD)

  • #782,201
  • Oct 11, 2023 9:39pm Oct 11, 2023 9:39pm
i will leave trade cable today..and focus trade $JPY
  • #782,202
  • Oct 11, 2023 9:41pm Oct 11, 2023 9:41pm
Quoting voeltoez
i will leave trade cable today..and focus trade $JPY
how come Voeltoez??
  • #782,203
  • Oct 11, 2023 9:57pm Oct 11, 2023 9:57pm
Quoting Fardeen1209
{quote} Piewww {image} First time rollover a trade for 2 days in GOLD Upper range of unfilled FVG = Strong SRF Level(1885) While my secret admirer, keeping providing liquidity
waveskirob???
  • #782,204
  • Oct 12, 2023 12:12am Oct 12, 2023 12:12am
Quoting Fawad12
Hi Right now price is between 1.2271 and 1.2300 some-what few pips up and down Whatever breaks then i think we can go ahead with that - if 1.2271 is broken we can go with sell side and if 1.2300 is broken we can go with buy side for interaday trading. Thanks
Being intraday trader one would have got 35-40 easily yesterday.

Lets have another setup later today
  • #782,205
  • Oct 12, 2023 12:21am Oct 12, 2023 12:21am
Quoting Headland
... Interestingly on the dly, could be an expanding triangle setting up, ie a point 4 pullback to a point 5 - which would be a fib retrace or ext of move 3-4. Dly t/f bearish hidden div may be supportive of this @ pt 4. It's a scenario? dly below {image}
i think a too easy&obvious szenario;-)
trading is like dancing, don't think and just listen to the music!
  • #782,206
  • Oct 12, 2023 12:23am Oct 12, 2023 12:23am
Quoting Bones
Here was your post 4 weeks ago and every day here adding more phantom longs since, it fell 400 pips straight and never touched either blue line, you're still gunning for those lines today as a right call. {image}
it makes sense when (maybe) he was dollar cost averaging?
trading is like dancing, don't think and just listen to the music!
  • #782,207
  • Oct 12, 2023 12:36am Oct 12, 2023 12:36am
wondering if gdp negative for the second month in a row..
chaos is just unknown order
  • #782,208
  • Edited 12:48am Oct 12, 2023 12:38am | Edited 12:48am
I am trying a new strategy today, adding a new position after
I will add every 10 pips another position with pending orders with a 10 pips stop loss, every time a position stopped
a new one will be placed in its place, this is possible as happened yesterday
at least i can loss 10 $ every time or 80 $ if it dropped just before tp all the way down
but if i win it's close to 500 $
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
Click to Enlarge Name: gu2.png Size: 15 KB
yes yes yes
  • #782,209
  • Oct 12, 2023 1:00am Oct 12, 2023 1:00am
Quoting Bones
Here was your post 4 weeks ago and every day here adding more phantom longs since, it fell 400 pips straight and never touched either blue line, you're still gunning for those lines today as a right call. {image}
Hi Bones
I asked Zebi to drop this feud. In all fairness I'm asking you too.
It's gone on long enough and it's not good for the thread.

Just leave each other be please?
in wondering about yourself, you forgot what you came here to be part of
  • #782,210
  • Oct 12, 2023 1:02am Oct 12, 2023 1:02am
Have a feeling we going down today.
should've entered before news hehe.
Follow my guts.
Exhausted
  • #782,211
  • Oct 12, 2023 1:10am Oct 12, 2023 1:10am
Quoting Mohamad-java
Gold sees 1880
done
telegram:@Forexanalizer
  • #782,212
  • Edited 1:49am Oct 12, 2023 1:11am | Edited 1:49am
Quoting Elysion
Have a feeling we going down today. should've entered before news hehe. Follow my guts.
a feeling? your guts?
Price is in a strong uptrend; it may form a double-top; if it breaks above the gray horizontal line, the trend will most likely continue, if it is rejected, and price closes below the trendline, bias might eventually change to down.
As for right now: bias is up and we see a retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 15 KB
  • #782,213
  • Oct 12, 2023 1:19am Oct 12, 2023 1:19am
Quoting josi
{quote} a feeling? your guts? Price is in a strong uptrend; it may form a double-top; if it breaks above the gray horizontal line, the trend will most likely continue, if it is rejected, and price closes below trendline, bias might eventually change to down. As for right now: bias is up and we see a retracement. {image}
strong uptrend with creepy data?
scary!
  • #782,214
  • Oct 12, 2023 1:23am Oct 12, 2023 1:23am
Quoting hans91
{quote} strong uptrend with creepy data? scary!
Exactly. Given that this is GDP and the rest of the folders were red results, I was expecting a downtrend at least for a while but it never happened.
  • #782,215
  • Oct 12, 2023 1:31am Oct 12, 2023 1:31am
Off topic: US Powerball lottery for $1.76 billion was won by 1 ticket in California. Talk about life changing consequences.
  • #782,216
  • Oct 12, 2023 1:40am Oct 12, 2023 1:40am
Well hit my targets I’m out for the day.

gl
  • #782,217
  • Oct 12, 2023 1:45am Oct 12, 2023 1:45am
short Gold first position 1882
People don't plan to lose. They lose because they don't plan.
  • #782,218
  • Oct 12, 2023 1:47am Oct 12, 2023 1:47am
Quoting speedman07
{quote} Exactly. Given that this is GDP and the rest of the folders were red results, I was expecting a downtrend at least for a while but it never happened.
If we talk about GBPUSD here: the correct question might not be: how do I interpret the current news... but
what (right now) is weaker GBP or USD?
I may be totally wrong, of course...
  • #782,219
  • Oct 12, 2023 1:54am Oct 12, 2023 1:54am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_2549.jpeg Size: 323 KB

Morning state of play only small lots at this stage
  • #782,220
  • Oct 12, 2023 1:54am Oct 12, 2023 1:54am
I'm seeing some bullish exhaustion signs due to 5 - 6 days of consecutive buying... One sell candle may wipe out these buy candles... Sold 1.2328... target 1.2288.
Data + Stat + Risk/Emotions Management
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