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Cable Update (GBPUSD)

  • #807,001
  • Feb 2, 2024 7:36am Feb 2, 2024 7:36am
Quoting Pranjal
Expecting NFP numbers to be good for DXY so GBPUSD may fall back to lower trendline. I closed my long as I think its a trap for buyers. Will wait for data now. {image}
As expected
  • #807,002
  • Feb 2, 2024 7:37am Feb 2, 2024 7:37am
Quoting DrDave
{quote} friday...only bias is bullish.
I think m16 and smaller TFs are likely to go bearish.
Bearish, no?
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To free Gazans of Hamas, use whatever it takes.
  • #807,003
  • Feb 2, 2024 7:38am Feb 2, 2024 7:38am
A moment of silent for BULL guys.
More time in the market, does not mean you trade better!
  • #807,004
  • Feb 2, 2024 7:39am Feb 2, 2024 7:39am
Quoting Fardeen1209
A moment of silent for BULL guys.
Bloody red!!
  • #807,005
  • Feb 2, 2024 7:40am Feb 2, 2024 7:40am
i need 15 pips buy. a scalp
#Stay blue. /swinger/scalper/
  • #807,006
  • Feb 2, 2024 7:40am Feb 2, 2024 7:40am
Quoting Ehminiz
i need 15 pips buy. a scalp
I'm waiting for slightly lower to get a good scalp. Scared. Hahaha...
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  • #807,007
  • Feb 2, 2024 7:42am Feb 2, 2024 7:42am
Quoting Tools
{quote} So far so good: {image}
Yeah Boy, this was a nice week!

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  • #807,008
  • Feb 2, 2024 7:44am Feb 2, 2024 7:44am
GBPUSD. Trying again. target missing OB
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Look right, we'll see the signs
  • #807,009
  • Feb 2, 2024 7:45am Feb 2, 2024 7:45am
Quoting Mitiblotch
{quote} I'm waiting for slightly lower to get a good scalp. Scared. Hahaha... {image}
I already have profit from the short. so just a $100 needed
#Stay blue. /swinger/scalper/
  • #807,010
  • Feb 2, 2024 7:45am Feb 2, 2024 7:45am
Quoting Mitiblotch
{quote} Bloody red!!
Many people guess with their NFP numbers.
Sad to see them get caught on the wrong side each month.
Need to read lots of articles to get an idea with the possible numbers.
It doesnot matter by how much but which side carried more probability to release; above or below consensus.
Then placed that probability in price structure.
This way we will carry higher possibility to be on the right side majority of the time.
On Red news day we only need 1 pair to cover a whole month money, we can be aggressive.
More time in the market, does not mean you trade better!
  • #807,011
  • Feb 2, 2024 7:46am Feb 2, 2024 7:46am
not being greedy...see ya next week
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dont teach me how to buy. im sellers!!
  • #807,012
  • Feb 2, 2024 7:47am Feb 2, 2024 7:47am
Quoting Mitiblotch
{quote} I'm waiting for slightly lower to get a good scalp. Scared. Hahaha... {image}
should have listened to you….
  • #807,013
  • Feb 2, 2024 7:47am Feb 2, 2024 7:47am
...post-Nfp update

1hr below
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Trader with an Edge.
  • #807,014
  • Feb 2, 2024 7:50am Feb 2, 2024 7:50am
Quoting navk
friday...only bias is bullish. The week range is just 130 pips only ( today all happened )
Quoting navk
premature to short. the price needs to make a new high for short. today, sometime, the target will be 2700
Quoting navk
Not going down, not going up. Asians took holiday or what?
From bullish, to looking to short, to not knowing why the Asian session was quiet, and now the whole market has shit the bed. Great Friday analysis from resident expert and FF police.
Congratulations ScalaFX for coming out of the closet!
  • #807,015
  • Feb 2, 2024 7:51am Feb 2, 2024 7:51am
Bought at 1.2680... target 1.2730... second buy limit at 1.2645... all stop at 1.2625.
Data + Stat + Risk/Emotions Management
  • #807,016
  • Feb 2, 2024 7:51am Feb 2, 2024 7:51am
Quoting BeeTogether
{quote} let’s hope for below 12650 for tonight
My tp's 95 / 90 and 63 last one left
  • #807,017
  • Feb 2, 2024 7:51am Feb 2, 2024 7:51am
the safe option. . .
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To free Gazans of Hamas, use whatever it takes.
  • #807,018
  • Feb 2, 2024 7:53am Feb 2, 2024 7:53am
Quoting Headland
...my favored tactics re NFP are to; a. Get involved with any momentum on close of 1st 1min candle - if my edge's rules/conditions are met. (spreads allowing) b. On any strong uni-directional reaction, then it's i. Sell the 1st hi/buy the 1st p/back, -or- ii. Buy the 1st lo/sell the 1st p/back, again, if my edge's rules/conditions are met. The best advice for such potentially big market-moving scheduled event risks is to follow price, not what you think price should be doing. -or- if unsure STAY OUT! There are plenty more trading opportunities during...
...worked out well, sold @ close of 1, bought @ close of 2, sold @ close of 3 - per the plan. Big # - bigger than forecasts/previous and upside revision to prev made for a uni-directional move overall.

1min below
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Trader with an Edge.
  • #807,019
  • Feb 2, 2024 7:53am Feb 2, 2024 7:53am
Not far from the 12660-12640 area. I will look for profit near there. Will move SL to 127 should we break 12680
Insane in the Brain..
  • #807,020
  • Feb 2, 2024 7:55am Feb 2, 2024 7:55am
carefull ,, possible back to where it start before news..
dont teach me how to buy. im sellers!!
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