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Cable Update (GBPUSD)

  • #790,201
  • Nov 14, 2023 8:06am Nov 14, 2023 8:06am
nice one navk and leon
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  • #790,202
  • Nov 14, 2023 8:06am Nov 14, 2023 8:06am
Quoting Moty
There is a small chance that gj will go to fill a 7 pips difference between the ress at 186.690 abd 186.760 This will couse gu to spike for a bulls trap above 1.23000 and then drop
That spike almost wipe out my account
yes yes yes
  • #790,203
  • Nov 14, 2023 8:06am Nov 14, 2023 8:06am
Gold next target 1959, possibly short at this level?
  • #790,204
  • Nov 14, 2023 8:06am Nov 14, 2023 8:06am
104.500 area should hold for dx
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yes yes yes
  • #790,205
  • Nov 14, 2023 8:07am Nov 14, 2023 8:07am
Quoting mkvy
{quote} if nobody sold the price would never go up by liquidation i guess we need them too for the market to work
do you remember what NFP did ?

205 pips on that day without a retrace.

Next day, the price found hourly support to spike another 60 pips.

For me, unless i see 4 hr short, no sell.

I am not interested to blow my account.
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Intraday only.
  • #790,206
  • Nov 14, 2023 8:08am Nov 14, 2023 8:08am
Gbpusd target 1.24350
  • #790,207
  • Nov 14, 2023 8:08am Nov 14, 2023 8:08am
Quoting ScalaFX
short GU 2400 and GJ 187.200 risky!
next 2420 and 187.400
People don't plan to lose. They lose because they don't plan.
  • #790,208
  • Nov 14, 2023 8:08am Nov 14, 2023 8:08am
Quoting Georginson
{quote} Stopped out at 1.2385.
sorry to hear this
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  • #790,209
  • Nov 14, 2023 8:10am Nov 14, 2023 8:10am
Quoting navk
{quote} do you remember what NFP did ? 205 pips on that day without a retrace. Next day, the price found hourly support to spike another 60 pips. For me, unless i see 4 hr short, no sell. I am not interested to blow my account. {image}
When you remember how much time, money, energy and emotions taken to build an account or get it funded. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #790,210
  • Nov 14, 2023 8:11am Nov 14, 2023 8:11am
Quoting buffedmage
{quote} sorry to hear this
stop loss hitting is part of trading.

George is experience trader.

That is why he kept stop for his trades.
Intraday only.
  • #790,211
  • Nov 14, 2023 8:12am Nov 14, 2023 8:12am
Quoting navk
{quote} do you remember what NFP did ? 205 pips on that day without a retrace. Next day, the price found hourly support to spike another 60 pips. For me, unless i see 4 hr short, no sell. I am not interested to blow my account. {image}
imagine a trader at forex factory waiting for a 4 hour candle? I of the 1%
  • #790,212
  • Nov 14, 2023 8:12am Nov 14, 2023 8:12am
Quoting eyefeelsix
{quote} stop-out --- my next plan for GU {image}

imagine trading without sl --- now I put sell limit @1.2465 on LQ.PWH

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https://breakpullback.com
  • #790,213
  • Nov 14, 2023 8:12am Nov 14, 2023 8:12am
Quoting Houtbay
Gbpusd target 1.24350
Could get to 2460
average dude treading water
  • #790,214
  • Nov 14, 2023 8:13am Nov 14, 2023 8:13am
Quoting mkvy
{quote} imagine a trader at forex factory waiting for a 4 hour candle? I of the 1%
in forex factory, very few, I agree.

We should learn to be seasoned traders than emotional traders.
Intraday only.
  • #790,215
  • Nov 14, 2023 8:15am Nov 14, 2023 8:15am
Quoting martinez1
{quote} For those who took the Long on my mark...... Am taking this 156k with me for now, after CPI i can continue and I still believe Gbpusd is Long but if it goes so far and move without me am still okay, there is no problem in that, i can't even finish spending the one's have made already. Cheer. {image}
I would have made up to 400k today if i didn't close my trades early at 156k profit.
I needed to so spike won't take me out and continue the up move, believe me is something that have see happen countless times
BUT WE ALL LIVE TO FIGHT ANOTHER DAY. Cheers....
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #790,216
  • Nov 14, 2023 8:17am Nov 14, 2023 8:17am
Quoting Wavegarrick
{quote} BA DA BOOM!!!!!!!!! The news was foretold in todays price action? Yes, No? {image}

nice going.... think it was only me and you who stayed boolish the last two weeks LOL..

Quoting Zebi
this shits beginning to piss me off long 2214..theres no TA reason on hier timeframes for price to be falling averasge 2260 and gona hold come hell or high water
making money while others lose theirs is the best feeling LOL

i tried warning people in the room the dollar chart gave that shooting star and even 2 sell signals last week but like always nobody listens LOL
Quoting Zebi
i held on to my longs cause the weekly dollar candle didnt close above the midpoint of that big weekly red candle and i got another sell sig on dollar daily...which makes 2 sell sigs...one on wednesday and friday

i like sayin and will say it again....if ones confused by the gbbp side of the chart look at the usd side....the dollar chart is more elegant without the bullshit retail traders skewing TA
short trump and go long the deepstate
  • #790,217
  • Nov 14, 2023 8:21am Nov 14, 2023 8:21am
Moved Gbpusd tp to 1.24550
  • #790,218
  • Nov 14, 2023 8:24am Nov 14, 2023 8:24am
Quoting Houtbay
Moved Gbpusd tp to 1.24550
the bull run looking a bit exhausted after that sprint. Maybe a correction due tomorrow. 124550 will be a good area to take profits
Insane in the Brain..
  • #790,219
  • Nov 14, 2023 8:27am Nov 14, 2023 8:27am
Quoting buffedmage
nice one navk and leon
Thanks for the kind words, Buffedmage. Appreciate it.
Cheers.
Trade to trade another day
  • #790,220
  • Nov 14, 2023 8:36am Nov 14, 2023 8:36am
Quoting gorjejem
Hi guys!. IMO, the cable has outstanding issues between 1,260 and 1,240 (end H4/D W4) before falling more strongly below 1,200. {image} JEM

Hi guys
Complete wave 4 or will there still be fuel to reach 61.8 fibo? 1,248 is a difficult bastion. Then yes... it can fall strongly in a long wave 5 to the basement. we will see.


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Good trades!
JEM.
JEM
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