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Cable Update (GBPUSD)

  • #796,461
  • Dec 12, 2023 5:46am Dec 12, 2023 5:46am
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yes yes yes
  • #796,462
  • Dec 12, 2023 5:49am Dec 12, 2023 5:49am
Quoting MarcoJnr
{quote} nice, where’s your TP?
1.2500..1.2450 at cpi if possible
  • #796,463
  • Dec 12, 2023 5:52am Dec 12, 2023 5:52am
Quoting voeltoez
{quote} 1.2500..1.2450 at cpi if possible
Wishing you luck, I’m holding too , need just a little more today
  • #796,464
  • Dec 12, 2023 6:20am Dec 12, 2023 6:20am
Quoting voeltoez
{quote} 1.2500..1.2450 at cpi if possible
The last CPI data released on the 14th of November sent Dollar crashing, GU did 260 pips move that day. A lot of caution is required today to avoid burning of account. Price has been annoyingly slow, which means market makers are planning some big moves.
Data + Stat + Risk/Emotions Management
  • #796,465
  • Dec 12, 2023 6:21am Dec 12, 2023 6:21am
1 hour shows down, 4H shows that it’s on the dynamic support. Which one will win?

Best to stay away for now
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Small lot sizes, big wins
  • #796,466
  • Dec 12, 2023 6:31am Dec 12, 2023 6:31am
Quoting Moty
{quote} Hit me baby one more time {image}
Lost 20.
Maybe it was better to go for 1 position for 12 pips
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yes yes yes
  • #796,467
  • Dec 12, 2023 6:33am Dec 12, 2023 6:33am
Quoting voeltoez
always short except high is broken {image}
We'll have to wait for CPI for volatility.
F dis market xD

Should've taken 20 pips and run.
Exhausted
  • #796,468
  • Dec 12, 2023 6:33am Dec 12, 2023 6:33am
During CPI, it is advisable not to have any open trades, becos, the stop has no meaning.
Intraday only.
  • #796,469
  • Dec 12, 2023 6:45am Dec 12, 2023 6:45am
r3 is 1.2650

r4 is 1.2682

Once, I was searching for r5 level which i could not find.

lol

1.2460 is s3.
1.2430 s4
Intraday only.
  • #796,470
  • Dec 12, 2023 6:46am Dec 12, 2023 6:46am
GU keeps holding at the upper area.
Makes me think that it's gonna crash.
If it hits 1.25 earlier I dont think there will be enough room for 250 pips move downwards.
Hence the MM are loading entries at the top.

Just some psychological warfare heh
Exhausted
  • #796,471
  • Dec 12, 2023 6:46am Dec 12, 2023 6:46am
Next swing high: 1.27330
Key swing low: 1.21870

The above numbers, I got from my prop provider
Intraday only.
  • #796,472
  • Dec 12, 2023 6:51am Dec 12, 2023 6:51am
Will open a small capital account to short CPI.
Exhausted
  • #796,473
  • Dec 12, 2023 6:54am Dec 12, 2023 6:54am
Quoting MarcoJnr
{quote} It’s always the way I stopped my lungs and switched back to short only for it to continue up . Markets aren’t always clear , hoping for a small drop to 1.256
I stopped my lungs and switched back to short
So have you restarted your lungs yet, or you hooked up to a ventilator instead?
To free Gazans of Hamas, use whatever it takes.
  • #796,474
  • Dec 12, 2023 6:55am Dec 12, 2023 6:55am
I can loss 20 but can win 60
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yes yes yes
  • #796,475
  • Dec 12, 2023 7:00am Dec 12, 2023 7:00am
Quoting DrDave
{quote} I stopped my lungs and switched back to short So have you restarted your lungs yet, or you hooked up to a ventilator instead?
yeah, only to hope is not helpful in forex
  • #796,476
  • Dec 12, 2023 7:15am Dec 12, 2023 7:15am
Long
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yes yes yes
  • #796,477
  • Dec 12, 2023 7:29am Dec 12, 2023 7:29am
Damn thing not going down lol. Data in 1 min let’s go
Insane in the Brain..
  • #796,478
  • Dec 12, 2023 7:34am Dec 12, 2023 7:34am
Quoting Moty
Long {image}
THe mf Stopped hunt
Took short
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yes yes yes
  • #796,479
  • Dec 12, 2023 7:34am Dec 12, 2023 7:34am
LQ taken, lets see candle close
People don't plan to lose. They lose because they don't plan.
  • #796,480
  • Dec 12, 2023 7:35am Dec 12, 2023 7:35am
Short tf outta it, 1.26 reached.
Now go 1.25
Exhausted
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