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Cable Update (GBPUSD)

  • #807,061
  • Feb 2, 2024 8:53am Feb 2, 2024 8:53am
Quoting ScalaFX
last positions closed by BE SL after taking partials, thats good example why taking partials is so important in trading. Now sold 2736, pendings 2745, 2755, 2765, still if 2770 os not broken I will be shorting that thing till 2450 minimum l, cheers
so, some patience needed and one more time juicy profits, 2770 still resisting, all positions activeted, now closing all to take partials last one 2765 protected for free ride eventually
P.s. nubdick still no balls to post a setup, keep dreamimg silliest person in the thread
People don't plan to lose. They lose because they don't plan.
  • #807,062
  • Feb 2, 2024 8:54am Feb 2, 2024 8:54am
Quoting nubcake
But WhY dID tHe MarKeT mOvE??? durr durr. ring ring ring ring ring ring.... MARGIN CALLLLLLLLLLL for all the chosen special children.
oh one more time MC for nubdick but on demo
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People don't plan to lose. They lose because they don't plan.
  • #807,063
  • Feb 2, 2024 8:55am Feb 2, 2024 8:55am
I think what we can see now is they want to hold their entry levels from yesterday (1.2540 is lowest, sorry meant 1.2640) so they buy here again to lower their average. That caused probably the spike up last few minutes to 1.2670's. Other used that directly to sell more. You could risk a long now at 1.2660 for retrace and flow with their buyings to avoid any lower quotes but it is still risky. They risk again too much with their longs. That can lead into a stronger, fast sell off below 1.2640's area (I don't think so).

I really would like to join "the pros" from yesterday now and go also long but It's friday, London closes in 1 hour... risk is too high for me to get a flush now below 1.2640's area. Buying should start again now at 1.2656, just above the last low (classical point to create a feeling of Higher High for scalpers to generate long volume). It's almost a bit for crying to see them struggeling, creating a new level here to avoid more down.
  • #807,064
  • Feb 2, 2024 8:57am Feb 2, 2024 8:57am
Quoting ScalaFX
{quote} so, some patience needed and one more time juicy profits, 2770 still resisting, all positions activeted, now closing all to take partials last one 2765 protected for free ride eventually P.s. nubdick still no balls to post a setup, keep dreamimg silliest person in the thread
I was really sure some already knew the numbers due to PA last 24 hours. Really stupid of them, risked too much. But may be it is sometimes like that, they also gamble from time to time. Big peace back to retailers today when I saw Ratio/LongShort before NFP.
  • #807,065
  • Feb 2, 2024 8:58am Feb 2, 2024 8:58am
Quoting azhantahir
{quote} Just closed all my trading today. Ending with a little bit scary. Overall still Withdraw times Happy holiday {image} {image}
Cannot accept GBPUSD losses. Revenge with gold and silver. Sleep tight Happy weekend
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Look right, we'll see the signs
  • #807,066
  • Feb 2, 2024 9:01am Feb 2, 2024 9:01am
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yes yes yes
  • #807,067
  • Feb 2, 2024 9:02am Feb 2, 2024 9:02am
Quoting ScalaFX
{quote} so, some patience needed and one more time juicy profits, 2770 still resisting, all positions activeted, now closing all to take partials last one 2765 protected for free ride eventually P.s. nubdick still no balls to post a setup, keep dreamimg silliest person in the thread
wow! great job! you won on a news gamble! did you know the numbers before hand or were you just risking your entire account on NFP?
  • #807,068
  • Feb 2, 2024 9:02am Feb 2, 2024 9:02am
No reaction to the news but they again, after NFP this is not as important. Short added at 12660 TP around 12630
Insane in the Brain..
  • #807,069
  • Feb 2, 2024 9:06am Feb 2, 2024 9:06am
Quoting Zebi
im short gold with average 2054 and GU at 2745 from earlier today GU tp is 2700 and gold 1st tp is 2044 and 2nd is 2034 goin to sleep


i spent hours yesterday hoping, praying and bargining with god telling him ill be a better person and none of that worked....all i had to do was just go to sleep and have dirty dreams to make money LOL
short trump and go long the deepstate
  • #807,070
  • Feb 2, 2024 9:07am Feb 2, 2024 9:07am
I just see USD/JPY boys join the buying party on USD. Poor GBP/USD long pros from yesterday. Even burned more money buying till 1.2670's to stabilize the market. Chances for sell-off climbing now. I think they have 20 pips left to selling fast from 1.2643 now. (That the risk off sell-off in seconds).
Entry level of pros longs yesterday reached now. They bought again at 1.2640's till 1.2647's area hoping someone joins. Sorry bros, I don't (yet).
  • #807,071
  • Feb 2, 2024 9:07am Feb 2, 2024 9:07am
Quoting Mitiblotch
Look at the bigger picture. If bulls did they'd simply see that they are staring at the depths of the abyss! {image}
I guess this is still valid from drawn 30th of January. I also doubt my own charts sometimes.
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  • #807,072
  • Edited 9:20am Feb 2, 2024 9:08am | Edited 9:20am
Inserted Video


Buy limit @ 1.2630; SL 1.2600|30 pips; TP 1.2720|90 pips
  • #807,073
  • Feb 2, 2024 9:09am Feb 2, 2024 9:09am
Quoting JackintheBox
{quote} Haha, I do. I still wonder what happened since news yesterday, when market creeped up like no good. Thanks to my stats I could see the big risk pros were taking but I ask why did they do that? That lost billions today with that action or are at least under water now with 500 million dollars or sth. Avg. Entry for them was 1,2705 probably. I hate those moves like yesterday and over asia session. It's not good for anyone. Of course I made big gain today but I don't like these extremes. Fontu mentioned that also before. I really wonder who...
Possibly dollar was sold to many reasons -
1. Positioning to sell lower from higher price (leaked data / inside trading)
2. Last breath before GBP goes in recessional selling, markets do the opposite first, all part of game playing
3. BOE selling securities to stabilise the pound to be safe doesn't happen like it did after Liz Truss fiasco.
4. US Stocks were bought again after recap
5. Perhaps GB was bought and Contra sold , my broker was buying short term with tp at today's highs, so not a secret, markets have so called collection points, technical levels, Coreg probably aware off.
5. Etc etc
  • #807,074
  • Feb 2, 2024 9:10am Feb 2, 2024 9:10am
Quoting billGU
{quote} wow! great job! you won on a news gamble! did you know the numbers before hand or were you just risking your entire account on NFP?
Be scala: Talk about balls and dicks and mouths in various combinations depending on current arousal level. Talk about demo accounts a lot. NFP? NFP stands for "Nice Fucking Projection" which is what I do all the time.
Congratulations ScalaFX for coming out of the closet!
  • #807,075
  • Feb 2, 2024 9:11am Feb 2, 2024 9:11am
it took a long time for me to wake up my ursine buddies since they were hibernating but now we're here to kick some ass LOL
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short trump and go long the deepstate
  • #807,076
  • Feb 2, 2024 9:11am Feb 2, 2024 9:11am
Buying 2645 TP open SL 2600
dont teach me how to buy. im sellers!!
  • #807,077
  • Feb 2, 2024 9:11am Feb 2, 2024 9:11am
can anyone make profit from news today ?
  • #807,078
  • Feb 2, 2024 9:12am Feb 2, 2024 9:12am
ill be back ...have to read last nites posts and see if nubbie was stinking up the room
short trump and go long the deepstate
  • #807,079
  • Feb 2, 2024 9:13am Feb 2, 2024 9:13am
just watching to see how strong the leg down so far , breaks the good signal at 2625 or without before correction over 2701/15
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #807,080
  • Feb 2, 2024 9:13am Feb 2, 2024 9:13am
I had hopes, but it seems Pat wasn't able to coax away enough of the fuckheads. Oh well.
Congratulations ScalaFX for coming out of the closet!
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