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Cable Update (GBPUSD)

  • #783,541
  • Oct 16, 2023 10:34am Oct 16, 2023 10:34am
1923 short gold
  • #783,542
  • Oct 16, 2023 10:35am Oct 16, 2023 10:35am
Quoting Yngwie
Long 1.2135
Closed here for 62 pips.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #783,543
  • Oct 16, 2023 10:52am Oct 16, 2023 10:52am
Quoting JereMi256
First trade today! Low risk short @1.2193 SL & TP pending... {image}
SL 1.22075
Face 'ur fears & tame 'ur greed
  • #783,544
  • Oct 16, 2023 11:01am Oct 16, 2023 11:01am
Short 1.2196 SL 1.2206
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #783,545
  • Oct 16, 2023 11:13am Oct 16, 2023 11:13am
Stops around 1.22 might be too tight...How many pips MM can overshoot it?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU 10.16 5M.png Size: 47 KB
Click to Enlarge Name: PP 2023-10-16 120922.jpg Size: 23 KB
Always trade your own plan...I don't provide trading signals.
  • #783,546
  • Oct 16, 2023 11:15am Oct 16, 2023 11:15am
Quoting OperaniyiFx
{quote} not a good idea…
Maybe.. im on the 4h/D PA
and this is the resistance for me.
  • #783,547
  • Oct 16, 2023 11:19am Oct 16, 2023 11:19am
Quoting Coreg2004
Stops around 1.22 might be too tight...How many pips MM can overshoot it? {image} {image}
20-30 pips usually is the max for an overshoot. The other to consider is if the trend has flipped to the area Moty mentioned last week of around 124 could be doable should the overshoot turn into PA.
Naturally geopolitical and data can always change the direction of the wind
Insane in the Brain..
  • #783,548
  • Oct 16, 2023 11:22am Oct 16, 2023 11:22am
Mf spike already
average dude treading water
  • #783,549
  • Oct 16, 2023 11:44am Oct 16, 2023 11:44am
Quoting eyefeelsix
{quote} adding fuel with a fixed risk {image}

It doesn't have to be the target achieved, profits taking for triple shot!

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 36 KB
https://breakpullback.com
  • #783,550
  • Oct 16, 2023 11:57am Oct 16, 2023 11:57am
half point trading from 1.2125 to 1.2250 still possible



not trading advice..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2023-10-16_16-45-22_a0d69.png Size: 18 KB
MY OPINION NOT FINANCIAL ADVISE
  • #783,551
  • Oct 16, 2023 12:01pm Oct 16, 2023 12:01pm
Quoting JereMi256
First trade today! Low risk short @1.2193 SL & TP pending... {image}
Manual close @1.2199
Face 'ur fears & tame 'ur greed
  • #783,552
  • Oct 16, 2023 12:10pm Oct 16, 2023 12:10pm
EU looking like it wants to push higher but it’s in my box of interest will wait for daily close
Master your mind. Master Trading.
  • #783,553
  • Oct 16, 2023 12:13pm Oct 16, 2023 12:13pm
What with BTC fake blackrock ETF approval report?
More time in the market, does not mean you trade better!
  • #783,554
  • Oct 16, 2023 12:20pm Oct 16, 2023 12:20pm
Quoting cablekingdom
In long- 1.2168 Tp- 1.2250 Sl-1.2150
Still holding

Added longs @1.2205...tp- 1.2380

Trend is changing-- 1.2337 was LH...1.2122 was HL....1.2380 will be HH
  • #783,555
  • Oct 16, 2023 12:20pm Oct 16, 2023 12:20pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-10-16-20-14-25-619_net.metaquotes.metatrader4-edit.jpg Size: 655 KB
yes yes yes
  • #783,556
  • Oct 16, 2023 12:22pm Oct 16, 2023 12:22pm
Quoting tiborf71
long.1.21506
closed. 1,22057
  • #783,557
  • Oct 16, 2023 12:36pm Oct 16, 2023 12:36pm
Quoting Moty
{image}
105 USD could get us to 124
Insane in the Brain..
  • #783,558
  • Oct 16, 2023 12:49pm Oct 16, 2023 12:49pm
Quoting JereMi256
{quote} Manual close @1.2199
Re-entry short

SL set
TP pending...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20231016-204809.jpg Size: 408 KB
Face 'ur fears & tame 'ur greed
  • #783,559
  • Oct 16, 2023 12:52pm Oct 16, 2023 12:52pm
Think about which direction it is going to go and worry about where after, it is simple , too many people here with crystal balls again(crystal ball mentality, wanting to predict and be proven right).

Check commercial section


Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #783,560
  • Oct 16, 2023 12:57pm Oct 16, 2023 12:57pm
Longs on GU appear to have disappeared on sentiment which appears to allow price to rise.
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Lantern001