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Cable Update (GBPUSD)

  • #786,341
  • Oct 26, 2023 1:24pm Oct 26, 2023 1:24pm
Quoting Pat Chiko
{quote} GU Down But not trading this ATM. Better focus on other instrument. Will comback one level filled.{image}
Hey Pat,

I know this isn't GBP but I was wondering and since you are from the future....

When the BOJ interveens and the yen solidifies what, if any, effect will that have on Cable? Will a drop on UJ result in a pop in GU?
  • #786,342
  • Oct 26, 2023 1:26pm Oct 26, 2023 1:26pm
Quoting Moty
Dx you crooky mf, i hate you {image}
Hey Moty,

what were you expecting from DXY? 1.0680 looks like good resistance.

I'm looking for a drop back to 1.0620 before it bounces.
  • #786,343
  • Oct 26, 2023 1:33pm Oct 26, 2023 1:33pm
Quoting fx6996
{quote} Hey Moty, what were you expecting from DXY? 1.0680 looks like good resistance. I'm looking for a drop back to 1.0620 before it bounces.
Why the yoyo movement?
Why is that it always a straight move down like the 200 pips drop without stopping at the gu and when it's in my favor it almost broke up ?
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yes yes yes
  • #786,344
  • Oct 26, 2023 1:35pm Oct 26, 2023 1:35pm
Quoting Moty
I'm happy At the lowest price of the day i was with 300 $ 60 pips below multiple 12 $ is 720 $ from the 1040 $ that i have now I will close at the first bearish sign in the m1 chart Tomorrow i will start a new journey to 2000 $ {image} {image} {image}
All out!!
First sign appeared
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yes yes yes
  • #786,345
  • Oct 26, 2023 1:35pm Oct 26, 2023 1:35pm
time for GBP to fly
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  • #786,346
  • Oct 26, 2023 1:39pm Oct 26, 2023 1:39pm
Quoting Moty
{quote} Why the yoyo movement? Why is that it always a straight move down like the 200 pips drop without stopping at the gu and when it's in my favor it almost broke up ? {image} {image}
Intentionally trying to get traders to commit to one direction or another and then reversing on them to try to shake them out.
  • #786,347
  • Oct 26, 2023 1:51pm Oct 26, 2023 1:51pm
For me the direction is fixed, which is up. At least 61.8% retracement above 1.2200. Already bought here now at 2138. Will add with any dips.
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  • #786,348
  • Oct 26, 2023 2:30pm Oct 26, 2023 2:30pm
Quoting Whale
GU is dead.. short gold @ 1987.5 based m15 all the rest against me risky as hell, no sl.
SL on BE.
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  • #786,349
  • Oct 26, 2023 2:41pm Oct 26, 2023 2:41pm
Quoting Mitiblotch
For me the direction is fixed, which is up. At least 61.8% retracement above 1.2200. Already bought here now at 2138. Will add with any dips. {image}
just an other way of looking @ it...
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  • #786,350
  • Oct 26, 2023 2:59pm Oct 26, 2023 2:59pm
TP at 1.21049

No SL

Will add new entries if market goes against.
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  • #786,351
  • Oct 26, 2023 3:13pm Oct 26, 2023 3:13pm
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  • #786,352
  • Edited 6:40pm Oct 26, 2023 3:21pm | Edited 6:40pm
Quoting tradexyz
{image}
.
  • #786,353
  • Oct 26, 2023 3:23pm Oct 26, 2023 3:23pm
Long on GBP/USD... No TP... TS = 200pips
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  • #786,354
  • Oct 26, 2023 3:46pm Oct 26, 2023 3:46pm
Quoting kinshotcash
Long on GBP/USD... No TP... TS = 200pips {image}
lol
  • #786,355
  • Oct 26, 2023 5:42pm Oct 26, 2023 5:42pm
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yes yes yes
  • #786,356
  • Oct 26, 2023 6:57pm Oct 26, 2023 6:57pm
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It s late for me ... I ll close my longs at 1.21 42 or on SL at 1.21 28....................

  • #786,357
  • Edited 8:18pm Oct 26, 2023 7:29pm | Edited 8:18pm
Quoting tradexyz
{quote} just an other way of looking @ it... {image}
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  • #786,358
  • Oct 26, 2023 8:52pm Oct 26, 2023 8:52pm
Quoting navk
The MA'S work if someone follows with dicipline. Slow day though. 200 SMMA + 20 SMMA. All done in using 1 minute chart. There is a filter...that I use. that aligns with 200 SMMA {image}
Hello Navk, could you please tell me your reward-risk ratio? It appears that you typically aim for gains of 15-20 pips most of the time. Could you let me know how big is your stop loss?
  • #786,359
  • Oct 26, 2023 9:30pm Oct 26, 2023 9:30pm
a bearish trend channel has formed.
H4
let's see if he complies.
  • #786,360
  • Oct 26, 2023 9:47pm Oct 26, 2023 9:47pm
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