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Cable Update (GBPUSD)

  • #801,601
  • Jan 10, 2024 11:20am Jan 10, 2024 11:20am
Quoting donfriday
{quote} we have not take any old high careful selling now
MM do the work, cheers
People don't plan to lose. They lose because they don't plan.
  • #801,602
  • Jan 10, 2024 11:24am Jan 10, 2024 11:24am
Quoting 7154Superman
{quote} Did you get stopped out? All this farting about shorting... At this point, bulls won the day for today. And I made some more progress with both long and short scalps. I haven't updated my trade explorer for today yet. See ya later at CPI news tomorrow. {image} {image}

i dont know what the bools won but it certainly isnt the day cause its still on a sell from yesterday

Quoting Zebi
i feel foolish saying this in a room full of smart guys but my simple as fuck system will issue a daily sell signal on top of the weekly sell signal from last week LOL if todays daily candle closes under that red line {image}
price isnt very far from mondays open and looks like it will close under that line again
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short trump and go long the deepstate
  • #801,603
  • Jan 10, 2024 11:25am Jan 10, 2024 11:25am
Quoting 7154Superman
{quote} Did you get stopped out? All this farting about shorting... At this point, bulls won the day for today. And I made some more progress with both long and short scalps. I haven't updated my trade explorer for today yet. See ya later at CPI news tomorrow. {image} {image}
Won't the 10-Year Note Auction data/news matter?
  • #801,604
  • Jan 10, 2024 11:28am Jan 10, 2024 11:28am
Quoting Fardeen1209
{quote} Stopped out at b/e no need to hold against intact structure. Going long now bit risky let PA do what it wants till confirmed setup
Next setup will be QM @16889.55, bounce to the sell side is wild (on DEC 20 and Jan 02 Re-Accumulation) while bounce to the upside is limited on (Dec 27), indicating big orders entered the market at that level.
If by tomorrow PA reached that level pre CPI, id happily short it. If PA reached that level on CPI, short it.
More time in the market, does not mean you trade better!
  • #801,605
  • Jan 10, 2024 11:29am Jan 10, 2024 11:29am
Damn 12730 just didn’t hold. Be interesting where we finish today above 12730 then 12750-70 is back on for tomorrow
Insane in the Brain..
  • #801,606
  • Jan 10, 2024 11:32am Jan 10, 2024 11:32am
Quoting Zebi
{quote} i dont know what the bools won but it certainly isnt the day cause its still on a sell from yesterday {quote} price isnt very far from mondays open and looks like it will close under that line again {image}
Bulls did win for the day with a green day candle, especially on EUR/USD.
However, I have closed all my longs now, due to 200 SMA for 1 hour TF barely being touched, and now have 5 short positions on EUR/USD. Hoping for 1.085 tomorrow for CPI, maybe lower.
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You cannot fail if you never give up.
  • #801,607
  • Jan 10, 2024 11:41am Jan 10, 2024 11:41am
Quoting 7154Superman
{quote} Bulls did win for the day with a green day candle, especially on EUR/USD. However, I have closed all my longs now, due to 200 SMA for 1 hour TF barely being touched, and now have 5 short positions on EUR/USD. Hoping for 1.085 tomorrow for CPI, maybe lower.{image}

i like your enthusiasm..its refreshing to see it in here instead of useless screenshot posts

however i think youre falling into the beginners trap of extrapolating trend and targets from bullshit intraday movement

the daily EU chart shows an inside candle so be careful your intraday analysis doesnt blow up tho your shorts the right thing to do
short trump and go long the deepstate
  • #801,608
  • Jan 10, 2024 11:44am Jan 10, 2024 11:44am
Quoting ScalaFX
{quote} MM do the work, cheers
Safest
MY OPINION NOT FINANCIAL ADVISE
  • #801,609
  • Jan 10, 2024 11:44am Jan 10, 2024 11:44am
Quoting Zebi
{quote} i like your enthusiasm..its refreshing to see it in here instead of useless screenshot posts however i think youre falling into the beginners trap of extrapolating trend and targets from bullshit intraday movement the daily EU chart shows an inside candle so be careful your intraday analysis doesnt blow up tho your shorts the right thing to do
Right, that's why I start my positions with my smallest / least important accounts to satisfy my FOMO urges, so my main account is reserved for when it really matters.
You cannot fail if you never give up.
  • #801,610
  • Jan 10, 2024 11:47am Jan 10, 2024 11:47am
Yummy tasty gold shorts added more during London session
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Master your mind. Master Trading.
  • #801,611
  • Jan 10, 2024 11:47am Jan 10, 2024 11:47am
Quoting 7154Superman
{quote} Bulls did win for the day with a green day candle, especially on EUR/USD. However, I have closed all my longs now, due to 200 SMA for 1 hour TF barely being touched, and now have 5 short positions on EUR/USD. Hoping for 1.085 tomorrow for CPI, maybe lower.{image}
However, on the 4 hour timeframe / 200 SMA and MACD, it looks like EUR/USD is ready to slingshot up to test the 1.114 top again.
So, trade carefully, and use good money management.
If USD CPI is negative, then that just might happen for all USD pairs.
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You cannot fail if you never give up.
  • #801,612
  • Jan 10, 2024 12:04pm Jan 10, 2024 12:04pm
Long GU 12730

TP 12760

SL open
  • #801,613
  • Jan 10, 2024 12:06pm Jan 10, 2024 12:06pm
Quoting T721
{quote} I would hold that to sub $70 maybe 68 zone EDIT ::: see you are looking for 69 could still have another push to take todays high tho b4 falling ... my stops at b/e on it and will short again if it goes higher
Got a second entry 72,40. Was having shower and price went straight to target 71.44 set there almost Randolph for tomorrow
Still holding the higher entry.
Lets see. Looks strong push down.
90% of traders use TA, indicators and prediction
  • #801,614
  • Jan 10, 2024 12:09pm Jan 10, 2024 12:09pm
Quoting elude
Target 1.2750
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Hold or fold
  • #801,615
  • Jan 10, 2024 12:10pm Jan 10, 2024 12:10pm
Bah.
Short again cable. This setup hourly keeps lookin more and more bearish.
Lets see. Target into 1.26.
Stop loss tigth above todays high
90% of traders use TA, indicators and prediction
  • #801,616
  • Jan 10, 2024 12:17pm Jan 10, 2024 12:17pm
Cable jammed in, but looks like it wants to rise towards next level
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Compulsions can be hard to resist
  • #801,617
  • Jan 10, 2024 12:47pm Jan 10, 2024 12:47pm
Quoting Waveskierrob
BIG update on my GU FF trades as I don't like to shy away from my DD's BE now at 1.2123 x 10 ...currently down 3770 pips, what's a man to do ... {image}
Just another update as one poster on this thread is a little bit slow, my GU FF trade is BE @ 1.2123 hopefully hit it this year if not no worries it's only money Leon and I have loads of it but thanks for your concern, love as always
  • #801,618
  • Jan 10, 2024 12:53pm Jan 10, 2024 12:53pm
Cable has been so boring.

Caught the GJ and UJ


My GU sentiment is short with SL at 2767
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Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #801,619
  • Jan 10, 2024 1:07pm Jan 10, 2024 1:07pm
Any good suggestions? Currently reading Morgan Housel
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Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #801,620
  • Jan 10, 2024 1:09pm Jan 10, 2024 1:09pm
Quoting Iansco
Any good suggestions? Currently reading Morgan Housel {image}
same author Market Wizards
People don't plan to lose. They lose because they don't plan.
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