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Cable Update (GBPUSD)

  • #782,961
  • Oct 13, 2023 6:38am Oct 13, 2023 6:38am
Signalico
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yes yes yes
  • #782,962
  • Oct 13, 2023 6:39am Oct 13, 2023 6:39am
2170/65/60 is buy area in my chart.

It may fail. beware
Intraday only.
  • #782,963
  • Oct 13, 2023 6:41am Oct 13, 2023 6:41am
Quoting elbert3
{quote} did as above 2150 2109 2095 2072 could ??!!!! Could be hit
Hey mate cheers.. long time I remember you giving advice from 2015/16! Oldskool
  • #782,964
  • Oct 13, 2023 6:44am Oct 13, 2023 6:44am
Quoting Siawosh
GBP Cad What do you think? {image}
One things i have learned in trading is to always trade setup. It will save you from a lot of unnecessary losses and you will know exactly how many time, you stopped out.
TA: Wait for demand zone to spike up, then short at the flatter 3 points trendline.
Or if 3 points Trendline is touched first, then short it.
Need to pay attention to Cad fundamental data also.

My newbie view
More time in the market, does not mean you trade better!
  • #782,965
  • Oct 13, 2023 6:45am Oct 13, 2023 6:45am
Quoting profits7
{quote} {image}
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Don’t focus on making $$$, focus on protecting what you have.
  • #782,966
  • Oct 13, 2023 6:46am Oct 13, 2023 6:46am
Quoting navk
2170/65/60 is buy area in my chart. It may fail. beware
i had 2170 too
but its weak
price shot thru it alreayd once
in wondering about yourself, you forgot what you came here to be part of
  • #782,967
  • Oct 13, 2023 6:46am Oct 13, 2023 6:46am
Quoting Mitiblotch
{quote} It indeed might push all the way up next week. I was referring to today. I am particularly unhappy with the fact that price hasn't hit the monthly pivot (2343), although it came few pips away from it. As for today, due to the current crisis in the ME, people might yet blindly buy the dollar. I don't have a trade on GU so I'll just watch.
Well the way i see it, we have hit today’s low, obviously PA is not going to climb all the way to 1.24 in a straight line but the overall trend is bull until 1.2450 at least,

I think dollar will be dropping this time with the war unlike the previous times of war, mainly because US could not manage the middle east crisis, other big players like russia and china has emerged in the region and they could play a vital role in the resolution. This war is a great evidence of US role in the middle east being diminished
  • #782,968
  • Oct 13, 2023 6:48am Oct 13, 2023 6:48am
Quoting Wavegarrick
{quote} Have to love it when my 50/50 calls come together. How's your short doing? I threw in a fancy Nancy short hedge trade for you.. I even give you a chart for you to see what a hedge trade is. You should do the same. You...
The reason I am not so comfortable with shorts, hence 50/50 for me.
I am getting conflicting signals, short on 4 hr and long set up on daily. As a rule of thumb I go for the higher t/frame so will pull the plug on my shorts if need be.
Cheers.
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Trade to trade another day
  • #782,969
  • Oct 13, 2023 6:53am Oct 13, 2023 6:53am
This time my strategy working just fine
Can win over 100 $
Can loss 30-40 max
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yes yes yes
  • #782,970
  • Oct 13, 2023 6:54am Oct 13, 2023 6:54am
Watch 2186
  • #782,971
  • Oct 13, 2023 6:56am Oct 13, 2023 6:56am
Quoting fxmasterdxb
{quote} Well the way i see it, we have hit today’s low, obviously PA is not going to climb all the way to 1.24 in a straight line but the overall trend is bull until 1.2450 at least, I think dollar will be dropping this time with the war unlike the previous times of war, mainly because US could not manage the middle east crisis, other big players like russia and china has emerged in the region and they could play a vital role in the resolution. This war is a great evidence of US role in the middle east being diminished
I think all the major players have things exactly how they want it. There are too many buyers and price will hurt them maximally. I will wait to buy next week if I see an opportunity to.
  • #782,972
  • Oct 13, 2023 6:56am Oct 13, 2023 6:56am
damn, was driving for 3 hours+ and didn't look at it and I'm under water. But only 20 pips
Exhausted
  • #782,973
  • Oct 13, 2023 6:58am Oct 13, 2023 6:58am
Dk whether to hold longs or not.
Seemingly a potential bullish long term upwards soon.

I have a hourly divergence formed btw.
Exhausted
  • #782,974
  • Oct 13, 2023 6:58am Oct 13, 2023 6:58am
Quoting Moty
This time my strategy working just fine Can win over 100 $ Can loss 30-40 max {image} {image}
But you have already had (pick a number) of strategies that worked for (pick a number) of days or trades that you abandonded, for whatever reason.
To free Gazans of Hamas, use whatever it takes.
  • #782,975
  • Oct 13, 2023 6:58am Oct 13, 2023 6:58am
Quoting knkie
{quote} i had 2170 too but its weak price shot thru it alreayd once
it made new low and bounced.

Now wait for 4 hr.

9 AM EST.

I took long around 2168 and closed them all for quick pips.
Intraday only.
  • #782,976
  • Oct 13, 2023 6:58am Oct 13, 2023 6:58am
Quoting Yngwie
{quote} awesome signal. thanks
Wasn't meant to be but thanks, use at your own risk...
  • #782,977
  • Oct 13, 2023 6:59am Oct 13, 2023 6:59am
Quoting ScalaFX
{quote} 2nd long 2165
protected and close first no loss
People don't plan to lose. They lose because they don't plan.
  • #782,978
  • Oct 13, 2023 7:00am Oct 13, 2023 7:00am
Quoting Elysion
damn, was driving for 3 hours and didn't look at it and I'm under water. But only 20 pips
looks like price is coming back to you
in wondering about yourself, you forgot what you came here to be part of
  • #782,979
  • Oct 13, 2023 7:01am Oct 13, 2023 7:01am
...could prove to have been a stop-hunt under that prev 1hr/4hr sw lo zone that extends down to 2262/63 @ that 76.4% fib pointed out earlier. So, false 1st downside break of Asian lo just like the false 1st upside break of Asian hi earlier. 1hr closes as a bullish piercing pattern.

1hr below
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Trader with an Edge.
  • #782,980
  • Oct 13, 2023 7:04am Oct 13, 2023 7:04am
Quoting pipfarm
{quote} I will join if twee makes Patsy or Wanksky the admin
Please let it be me...
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