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Cable Update (GBPUSD)

  • #796,861
  • Dec 13, 2023 2:14pm Dec 13, 2023 2:14pm
Quoting ScalaFX
{quote} i dont belive this up mov
add more
  • #796,862
  • Dec 13, 2023 2:15pm Dec 13, 2023 2:15pm
Quoting Pat Chiko
{quote} GU End of scalping the FOMC{image}
nice one
  • #796,863
  • Dec 13, 2023 2:17pm Dec 13, 2023 2:17pm
change the colours to blue..red made me add more shorts
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  • #796,864
  • Dec 13, 2023 2:21pm Dec 13, 2023 2:21pm
Quoting Pat Chiko
{quote} GU End of scalping the FOMC{image}
Superb....
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  • #796,865
  • Dec 13, 2023 2:26pm Dec 13, 2023 2:26pm
Quoting voeltoez
change the colours to blue..red made me add more shorts {image}
People don't plan to lose. They lose because they don't plan.
  • #796,866
  • Edited 3:01pm Dec 13, 2023 2:27pm | Edited 3:01pm
I left with only 400$
Goldi i wish you death
40 pts without stopping you ugly mf
I hope you will drop and die
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yes yes yes
  • #796,867
  • Dec 13, 2023 2:28pm Dec 13, 2023 2:28pm
Quoting Waveskierrob
{quote} Superb.... {image}
Great Idea ..!!!!!
Why not ?.
Lets celebrate for this third joint today.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #796,868
  • Dec 13, 2023 2:32pm Dec 13, 2023 2:32pm
Quoting ScalaFX
{quote}
now just prepare for widen spreads
  • #796,869
  • Dec 13, 2023 2:33pm Dec 13, 2023 2:33pm
Quoting voeltoez
{quote} now just prepare for widen spreads
Im always prepered for this, my positions not that big likę yours
People don't plan to lose. They lose because they don't plan.
  • #796,870
  • Dec 13, 2023 2:35pm Dec 13, 2023 2:35pm
Quoting Moty
I left with only 400$ Goldi i with death 40 pts without stopping you ugly mf I hope you will drop and die {image}
it’s bullish as hell did you not see the fed meeting ? You’re going to get SHREKT
Master your mind. Master Trading.
  • #796,871
  • Dec 13, 2023 2:40pm Dec 13, 2023 2:40pm
Quoting T721
Looking at DXY this would make the most sense for gbp/usd ---- just my 3cents and i could be wrong {image} { copyrighted attachment deleted by staff }
Helluva day, hope you all caught it
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  • #796,872
  • Dec 13, 2023 2:41pm Dec 13, 2023 2:41pm
“New Bond King” Gundlach: Fed may have to cut interest rates more than expected.
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  • #796,873
  • Dec 13, 2023 2:53pm Dec 13, 2023 2:53pm
Quoting Wavegarrick
{quote} The build up on Usdx for a week and a half: {image} The outcome: {image} Trade safe, Cheers.
I also at times feel uncomfortable moving against the grain on this forum since everyone is looking at opportunities to short GU in the short-term. But looking at D1, all indicators on Ichimoku Kinko Hyo seem to foreshadow continued bullish energy into 2024. Coupled with the dovish Fed earlier today, I do see the possibility of sustained upward movement growing, especially if price stays above 1.2577xx. For your trading style, how do you define "medium-term"?

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Trying my best.
  • #796,874
  • Dec 13, 2023 2:57pm Dec 13, 2023 2:57pm
Quoting Pat Chiko
{quote} NASDAQ partial closed, few more to go with positive stops{image} Special Thanks I'd like to extend a special thanks to Jerry for his invaluable contributions throughout the year. His dedication and expertise have undoubtedly played a significant role in our success as traders. {image} Jerry's contributions are etched in the success of countless traders. His ability to navigate the complexities of the market, from FOMC announcements to conference whispers, has turned margin calls to many unwary traders as well it get into opportunities to...

Amazing Pat, you did it again, nice Xmas present for you
This was flying like a rocket, still 167 previous monthly high. I've entered sells a bit to low, but will hold until good times.

Good I didn't get heavy on GU, I saw a sell
  • #796,875
  • Dec 13, 2023 2:58pm Dec 13, 2023 2:58pm
Quoting Moty
I left with only 400$ Goldi i with death 40 pts without stopping you ugly mf I hope you will drop and die {image}
I highly suggest not trade gold, it's aggressive like a nasdaq, especially if you don't use sl...
  • #796,876
  • Dec 13, 2023 2:59pm Dec 13, 2023 2:59pm
Quoting Moty
I left with only 400$ Goldi i with death 40 pts without stopping you ugly mf I hope you will drop and die {image}
Moty, after today's monster move in gold the ATR(14) jumped to 30 points. After 1-5 wave move minimum expected retracement is 38.2% to 2040.22. Calculate your risk.
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Always trade your own plan...I don't provide trading signals.
  • #796,877
  • Dec 13, 2023 2:59pm Dec 13, 2023 2:59pm
Quoting T721
{quote} Helluva day, hope you all caught it {image}
People don't plan to lose. They lose because they don't plan.
  • #796,878
  • Dec 13, 2023 3:02pm Dec 13, 2023 3:02pm
Daily r3 is usually a good ress
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yes yes yes
  • #796,879
  • Dec 13, 2023 3:07pm Dec 13, 2023 3:07pm
Quoting DmShka
{quote} I highly suggest not trade gold, it's aggressive like a nasdaq, especially if you don't use sl...

Gold is much more dangerous then Nasdaq.
  • #796,880
  • Dec 13, 2023 3:14pm Dec 13, 2023 3:14pm
Quoting 7154Superman
{quote} I didn't manage to trade today. Had no time to even look at price action until now. It looks like it was a wild day. See you on Monday for continuation.
Again, I had no time to trade on Monday. Then at CPI news yesterday, I entered a long EUR/USD position on both of my demo accounts, which ended up in drawdown (foolishly), but I saw that we have a strong support, and potentially dovish USD FOMC action for today, so I held onto my longs.
Fortunately, today, I managed to close multiple trades with good overall profit from FOMC price action.

Starting yesterday and ending today:
#1 Demo account starting balance = $105,835
3 trades +32.7, +13.4, and +12.0 pips = Total +58.1 pips
Ending Balance = $136,976 = +29.42% ROI

#2 Demo account starting balance = $104,328
2 trades +12.1 and -13.6 pips = Total -1.5 pips.
Ending Balance = $102,830 = -1.44% ROI

Excellent day for me. One of the best trading days I ever had.
But the high risk battle game never ends. I gotta keep trying, win or lose.
The plan is, as soon as one of my demo accounts reaches $200k, I will replace it with a $100 live account. Then work on finishing the $200k goal on the other demo account while also trading on the live account. When the 2nd demo reaches the goal, replace it also with $100 live. Somehow it works better for me to have two accounts to play with instead of just one.
See you tomorrow.
You cannot fail if you never give up.
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