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Cable Update (GBPUSD)

  • #807,461
  • Feb 5, 2024 8:32am Feb 5, 2024 8:32am
i have buy limits @ both price with 20 pips SL each targeting 1.2600
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Read the chart... Fundies are catalyst...
  • #807,462
  • Feb 5, 2024 8:34am Feb 5, 2024 8:34am
It’s bout time guys…. Get ready
  • #807,463
  • Feb 5, 2024 8:40am Feb 5, 2024 8:40am
Quoting Zebi
{quote} i got stopped out overnite while was sleeping,,,guess i was too optimistic ...price reached 2630 if i go long again will keep profit targets small
2640 wast tested and rejected on Friday itself
Read the chart... Fundies are catalyst...
  • #807,464
  • Feb 5, 2024 8:44am Feb 5, 2024 8:44am
Quoting Zebi
{quote} i got stopped out overnite while was sleeping,,,guess i was too optimistic ...price reached 2630 if i go long again will keep profit targets small
bears time zebi dollar strong expecting a strong push to 1.25 and below
  • #807,465
  • Feb 5, 2024 8:47am Feb 5, 2024 8:47am
Quoting _BBKing_
I went short in the morning on the 2600 b/o still holding. thinking to target near 2500 SL @be was waiting a b/o since multi weeks! now it came I have no one single reason to buy this thing until there will be good signs on h1 at least. pretty strong down move atm for what I see. {image} also long on UJ. the thing is not really showing weakness. tight SL atm 148.19 to try the 150 this is bit scary since hovering near last weeks highs. If stopped out, I will wait a better setup on this one {image} {image} edit: did not upload charts

I cut the UJ longs
Have to leave desk and I don't like to let there too many positions running.

lost 50$
90% of traders use TA, indicators and prediction
  • #807,466
  • Feb 5, 2024 8:48am Feb 5, 2024 8:48am
Come on mister engulfing candle
Dx is squeezing level 104.220
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yes yes yes
  • #807,467
  • Feb 5, 2024 8:49am Feb 5, 2024 8:49am
1.26 would be lovely today
  • #807,468
  • Feb 5, 2024 8:49am Feb 5, 2024 8:49am
My longs are under water but hey it’s only Monday
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Insane in the Brain..
  • #807,469
  • Feb 5, 2024 8:52am Feb 5, 2024 8:52am
Quoting BeeTogether
My longs are under water but hey it’s only Monday {image}
i have some underwater too but hoping we get back to around 1.26 to claw back some profits
  • #807,470
  • Feb 5, 2024 8:53am Feb 5, 2024 8:53am
1.25 next stop?
  • #807,471
  • Feb 5, 2024 8:59am Feb 5, 2024 8:59am
1.25 or 1.26 let's see
Exhausted
  • #807,472
  • Feb 5, 2024 9:01am Feb 5, 2024 9:01am
Quoting BeeTogether
My longs are under water but hey it’s only Monday {image}
Going to try not going underwater anymore. Figure it simply makes more sense to look for better entry points. Experimenting with relatively tight, hidden stop losses
  • #807,473
  • Feb 5, 2024 9:02am Feb 5, 2024 9:02am
Quoting Elysion
1.25 or 1.26 let's see
125 looks like more doable
Insane in the Brain..
  • #807,474
  • Feb 5, 2024 9:04am Feb 5, 2024 9:04am
GU is really crazy today
  • #807,475
  • Feb 5, 2024 9:06am Feb 5, 2024 9:06am
Idk, looks like it's time to buy for me.
Exhausted
  • #807,476
  • Feb 5, 2024 9:07am Feb 5, 2024 9:07am
1.25100 only place i try any longs..
Extreme gut feeling trader
  • #807,477
  • Feb 5, 2024 9:08am Feb 5, 2024 9:08am
I wonder if today is about the FED using the bond maturity to try to shrink the money supply...
That might explain the DXY strength with no other news and the bond prices.
  • #807,478
  • Feb 5, 2024 9:08am Feb 5, 2024 9:08am
Buy buy 1.2530 to 12600 sl 1.2520
  • #807,479
  • Feb 5, 2024 9:09am Feb 5, 2024 9:09am
Quoting smtchris71
Buy buy 1.2530 to 12600 sl 1.2520
you are gonna lose you money don't not yet
  • #807,480
  • Feb 5, 2024 9:10am Feb 5, 2024 9:10am
the dollars not allowing a intraday countertrend long today LOL

i tried it last nite and got stopped out for 15 pips

ill just stay short in my futures account since dont have to pay swap on those and fook around scalping longs on my oanda account
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short trump and go long the deepstate
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