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Cable Update (GBPUSD)

  • #808,921
  • Feb 13, 2024 1:10am Feb 13, 2024 1:10am
Quoting TraderFX.Id
short 2640 sl 2666 good news not always good
The 'good news' wasn't all that good! Wages are still up, unemployment is rising, and curious how the unemployment rate is down and the number of unemployment claims are up...
Still we will have to see where it goes.
  • #808,922
  • Feb 13, 2024 1:15am Feb 13, 2024 1:15am
Quoting dantpm
{quote} The 'good news' wasn't all that good! Wages are still up, unemployment is rising, and curious how the unemployment rate is down and the number of unemployment claims are up... Still we will have to see where it goes.
yeah..plus bailey last night was dovish talk
dont teach me how to buy. im sellers!!
  • #808,923
  • Feb 13, 2024 1:18am Feb 13, 2024 1:18am
G/M, another small range < 30day adr dly candle y/day, and today so far - small range Asian session tests the prev 1hr/minor 4hr sw lo zone leading to y/day's lo and bounces creating the Asian/current dly lo, then upside continues on reaction to UK data in early London forex session, with a 1st upside b/o of the asian hi.

1hr below
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Trader with an Edge.
  • #808,924
  • Feb 13, 2024 1:20am Feb 13, 2024 1:20am
We've had storms here in Melbourne and my fast internet connection is down and can't trade
Don't Leave Money on the Table
  • #808,925
  • Feb 13, 2024 1:22am Feb 13, 2024 1:22am
Quoting HaLBot
We've had storms here in Melbourne and my fast internet connection is down and can't trade
Can't you piggy back your cell phone data to your PC?
  • #808,926
  • Feb 13, 2024 1:23am Feb 13, 2024 1:23am
Quoting HaLBot
We've had storms here in Melbourne and my fast internet connection is down and can't trade
No worries
Haopens
90% of traders use TA, indicators and prediction
  • #808,927
  • Feb 13, 2024 1:24am Feb 13, 2024 1:24am
Ok
Stop @be.
Will not touch anything more

Busy day out
90% of traders use TA, indicators and prediction
  • #808,928
  • Feb 13, 2024 1:25am Feb 13, 2024 1:25am
overstretched move, i ' m shorting again
chaos is just unknown order
  • #808,929
  • Feb 13, 2024 1:25am Feb 13, 2024 1:25am
Quoting Yngwie
Long 1.2611 SL 1.2591
closed 38p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #808,930
  • Feb 13, 2024 1:26am Feb 13, 2024 1:26am
Here we go again:
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TP 1.258

Further entries at 1.26533 are prepared!
  • #808,931
  • Feb 13, 2024 1:26am Feb 13, 2024 1:26am
yes yes yes
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yes yes yes
  • #808,932
  • Feb 13, 2024 1:26am Feb 13, 2024 1:26am
if 1h change its still above 2640 it will be a bulltrap.like yesterday..
but if down first to 2620 bull will be okay
dont teach me how to buy. im sellers!!
  • #808,933
  • Feb 13, 2024 1:31am Feb 13, 2024 1:31am
...as Asian session bounced up from y/day's lo zone, so price is bouncing away (down) from y/day's hi zone - at least initially. Better than expected Uk data react was up on the initial knee-jerk react. A potential rising wedge on 4hr (not formed yet re asc t/line.)

4hr below
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Trader with an Edge.
  • #808,934
  • Feb 13, 2024 1:33am Feb 13, 2024 1:33am
Quoting dantpm
{quote} Can't you piggy back your cell phone data to your PC?
Yes I could if I knew how to do it

Never had to so not sure what to do


Missing all these glorius pips
Don't Leave Money on the Table
  • #808,935
  • Feb 13, 2024 1:36am Feb 13, 2024 1:36am
Trying us30 longs .. holding till 38880
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Extreme gut feeling trader
  • #808,936
  • Feb 13, 2024 1:38am Feb 13, 2024 1:38am
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yes yes yes
  • #808,937
  • Feb 13, 2024 1:38am Feb 13, 2024 1:38am
Quoting montygoldy
Trying us30 longs .. holding till 38880 {image} {image}
are you loss 5K ? because its not 200k
dont teach me how to buy. im sellers!!
  • #808,938
  • Feb 13, 2024 1:39am Feb 13, 2024 1:39am
Quoting _BBKing_
Ok. Let’s see if I can give some money back to the market I try a long 2615 tight sl 2597 small size it’s just for the taste to do that. tp 2675 I will not be watching charts until after the US CPI so… good luck everyone
This is exactly how one should trade... if someone did an analysis and price is where one wants it to be to go long or short, then one should go long or short despite if there are news or not. If the analysis is wrong, it's wrong. It has nothing to do with news data. It's just that on the news the price will arrive faster to your SL or TP.

Now, there's a difference between the trade and pure gambling seconds before the news. It's all about how you treat it.

Waiting for reaction at 1.2656. I want to see how this H4 candle will close.
  • #808,939
  • Feb 13, 2024 1:42am Feb 13, 2024 1:42am
GBPJPY looking attractive for swing sell. Can this drag GU down after shallow days of consecutive buying?
Data + Stat + Risk/Emotions Management
  • #808,940
  • Feb 13, 2024 1:44am Feb 13, 2024 1:44am
Quoting TraderFX.Id
{quote} are you loss 5K ? because its not 200k
yeps my friend thats trading some days up some days down… gold longs smoked me which after hitting my stop loss now flying
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Extreme gut feeling trader
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