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Cable Update - Continued 61 replies

Cable (GBPUSD) vs Euro (EURUSD) 27 replies

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Why is GBPUSD called cable? 66 replies

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Cable Update (GBPUSD)

SMT Divergence?
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A powerful strategy.

I'm hedging for GU tonight.
60% short GU , 40% Long (AU Since my Shorts already invalidated)

I'm hedging the Dollar.
First time using hedging method, lets hope it worked.
I have SL in both trade, tho.
Not afraid to be wrong, ik what am goin to lose!
Quoting dantpm
{quote} Curious, I am a Canadian resident and trade with Mexc or at least Mex Atlantic. I was trading with EightCap but I would not recommend them to anyone. I still have an account with LegacyFX but it is inactive right now.
Mr Dan how's Mex Atlantic service?
Not afraid to be wrong, ik what am goin to lose!
I see some momentum gaining on bears. Careful now.
Quoting BrainBucks
1.2460/70
Into the 13th hour and still holding some hefty shorts, now awaiting FOMC to provide that decisive nudge...
Quoting Traderview
I see some momentum gaining on bears. Careful now.
seems bulls are a bit too strong. Maybe if we close below 125 that would help however we need a big break below 12530
Real time scalp sell trade at 1.25345 and I only post this because price is currently rejecting off 1.25500 with long hourly candle wicks and the rising trendline broken. My system does not tell me that yet but knowing your system and anticipation becomes crucial for me. Stop loss above todays high.
target 1.25000.
Cheers.
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Trade to trade another day
Quoting BrainBucks
{quote} Into the 13th hour and still holding some hefty shorts, now awaiting FOMC to provide that decisive nudge...
it’s just minutes don’t expect much
Quoting Fardeen1209
{quote} Mr Dan how's Mex Atlantic service?

I have no complaints. There were a lot of positive references that I found when I signed up.

With EightCap, profitable transactions were being cancelled from my account. When I asked them about it, I was given total BS responses. The provided me with audit logs from other periods telling me that there were no problems, figuring that I wouldn't check the date stamps on the transactions.
Quoting BeeTogether
{quote} it’s just minutes don’t expect much
Yea, but at this snail's pace I just need a reason to expect the market to move with purpose.
Quoting BeeTogether
12530 again a strong bouncer {image}
some more can bounce !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting BeeTogether
{quote} it’s just minutes don’t expect much

Look at the 8:30 NY time spike today. Canada releases some inconsequential data (it was Canada after all!) and the market adjusted itself. If the market wants to move it will!
Quoting 7154Superman
{quote} Tonight's taxi run got cancelled, so I decided to check EUR/USD price action. And it looks very much like a big drop is in order, so I opened a short at 1.09412. SL -7 pips, TP 1.086 = +81.2 pips if TP is hit. If price stays down, I'm expecting to hold this trade for at least a few hours, maybe all day tomorrow, and eventually move stop loss to break even, maybe even lock in some profit along the way. Let's see what happens.
Today's EUR/USD trading was very interesting. Price action did not go down during Asian session as expected, so my short trade got stopped out 4 times because I kept restarting it higher. Finally, the 5th trade held at 1.09597. I closed all shorts now for today at 1.09273. Need to take a nap now to prepare for a 2 hour/135 mile taxi run.
Today's trading result = -7.0, -7.0, -7.0, -7.0, +32.4 pips = Total +4.4 pips profit. ROI for today = +1.46%.
Ending account balance = $3,933.42.
Hopefully my luck continues tomorrow.
See ya
You cannot fail if you never give up.
#1 Demo $100k to $200k Return This Week: 0.0%
Quoting fxmasterdxb
I see UJ is at a good point to buy, i started buying and will add lower, target is 148.75 As for GU, im waiting for PA to hit somewhere between 1.2555 to 1.2585 to sell, i closed my prior sell at a minimal loss
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Quoting dantpm
{quote} Look at the 8:30 NY time spike today. Canada releases some inconsequential data (it was Canada after all!) and the market adjusted itself. If the market wants to move it will!
Fair enough.., we all could do with a move of some sort, or more day of day tomorrow before we see a tight range
Quoting JourneyLife
{quote} GBPUSD is still orgasmic. Wait for it to break 1.2520. {image}
The chart he showed was that of EU and not GU
checking usdx , just got 50% fibs correction / mofu , on support , and not actually bounce yet , again resistance ahead ! so may bottoming effects likely , more ranges then gu at top possible
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting JourneyLife
{quote} GBPUSD is still orgasmic. Wait for it to break 1.2520. {image}
im waiting..
i will be right there to sell it if it will
let me.
m5 showing some weakness, but i want higher tf to confirm it.


Copied Twee on this ....
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Quoting fxmasterdxb
{quote} {image}
looking good
GL
Quoting BrainBucks
{quote} Into the 13th hour and still holding some hefty shorts, now awaiting FOMC to provide that decisive nudge...
Yellen speaking at 3pm NY might move the market. She can make some really academically challenged statements from time to time.
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