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Cable Update (GBPUSD)

  • #809,461
  • Feb 14, 2024 7:52am Feb 14, 2024 7:52am
finally reached my desk
have some 2/3 hours charting to setup for tomorrow and Friday

still holding short in cable, added 3 entries along the way

troubles will be if price b/o that line
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I don't expect to see any further move today.
Atm, market is just filling orders and price is in a rotation.
Maybe another attempt to reach the 1.2500?
Calendar says there's a BOE speech in 1 hour, could it be the trigger for a move?
90% of traders use TA, indicators and prediction
  • #809,462
  • Feb 14, 2024 7:53am Feb 14, 2024 7:53am
12565 resisting quite well. I think there is a BoE Bailey speech soon might give us some push or pull
Insane in the Brain..
  • #809,463
  • Feb 14, 2024 7:58am Feb 14, 2024 7:58am
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yes yes yes
  • #809,464
  • Feb 14, 2024 8:07am Feb 14, 2024 8:07am
I modified my target @ 2454
If no buy reasons, price will meet there soon
Like always, it's a probability game.
At these levels, also longs are possible. I would just like to see a buy opp sligthly lower, around the round number 1.2500
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90% of traders use TA, indicators and prediction
  • #809,465
  • Feb 14, 2024 8:07am Feb 14, 2024 8:07am
SHow me the signal mf
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yes yes yes
  • #809,466
  • Edited 8:38am Feb 14, 2024 8:20am | Edited 8:38am
Waiting for gold to go higher… 1997 or more
come on daily candle flip green
Extreme gut feeling trader
  • #809,467
  • Feb 14, 2024 8:27am Feb 14, 2024 8:27am
had to cut lowest entry for a bit loss.
maybe a mistake but average entry price was wrong. now my BE is higher than 2583

moving stop @BE
90% of traders use TA, indicators and prediction
  • #809,468
  • Feb 14, 2024 8:37am Feb 14, 2024 8:37am
Funding pips also shutdown I guess since suddenly they stopped trades, whatt is happening to prop firms
  • #809,469
  • Feb 14, 2024 8:52am Feb 14, 2024 8:52am
hell
missed a great BUY opp in EURGBP touched the round 8500 and up
90% of traders use TA, indicators and prediction
  • #809,470
  • Feb 14, 2024 9:03am Feb 14, 2024 9:03am
Darn nothing in NYO either.. will keep an eye on the market but this is painfully slow again
Insane in the Brain..
  • #809,471
  • Feb 14, 2024 9:06am Feb 14, 2024 9:06am
Quoting billGU
{quote} please, since you seem so sure of this, tell me which one of these charts is the 1 min and which one is the daily: {image} {image}
That's the beauty of the fractal-like nature of financial time series: It is impossible to determine the time frame without external help. And that means that ANY TF that you decide to trade has the same patterns and can be traded with the same method. Simply scale the money mangement parameters accordingly.
To free Gazans of Hamas, use whatever it takes.
  • #809,472
  • Feb 14, 2024 9:12am Feb 14, 2024 9:12am
Quoting BeeTogether
Darn nothing in NYO either.. will keep an eye on the market but this is painfully slow again
daily chart price is litterally on the edge
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90% of traders use TA, indicators and prediction
  • #809,473
  • Feb 14, 2024 9:15am Feb 14, 2024 9:15am
How many times mf?
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yes yes yes
  • #809,474
  • Edited 10:28am Feb 14, 2024 9:15am | Edited 10:28am
Quoting Zebi
{quote} lowered my stoploss so im insured a profit goin to take a nap dont disappoint me nubcake...keep talkin shit so price keeps falling
im insured a profit

lesson for non-native English speakers (and grammar challenged native English speakers)
insured a profit = bought an insurace policy, so I'm covered if price comes back at me. Is not a guarantee that I won't get burned.

ensured a profit = took steps such that I am guaranteed to reap a profit no matter what price does.
To free Gazans of Hamas, use whatever it takes.
  • #809,475
  • Feb 14, 2024 9:18am Feb 14, 2024 9:18am
good day,

long dow @38341, no sl, tp = 38.441.

good luck!
fortis fortuna adiuvat
  • #809,476
  • Feb 14, 2024 9:19am Feb 14, 2024 9:19am
Quoting deltaone
good day, long dow @38341, no sl, tp = 38.441. good luck!
sl = be now.
fortis fortuna adiuvat
  • #809,477
  • Feb 14, 2024 9:24am Feb 14, 2024 9:24am
Quoting navk
{quote} Too much profit today. 11.5 % done on this wednesday. But.... Slow move up..so had to wait for longs to see profit. No more trading in NY session. {image}
Yes, that's right: W-A-A-A-Y too much profit today for you to handle. You better start handing out a bunch of that overflow to get down to a more reasonable amount of profit before something malevolent befalls you.
To free Gazans of Hamas, use whatever it takes.
  • #809,478
  • Feb 14, 2024 9:29am Feb 14, 2024 9:29am
Quoting DrDave
{quote} Yes, that's right: W-A-A-A-Y too much profit today for you to handle. You better start handing out a bunch of that overflow to get down to a more reasonable amount of profit before something malevolent befalls you.
yeah.
Intraday only.
  • #809,479
  • Feb 14, 2024 9:30am Feb 14, 2024 9:30am
Quoting SabkaBaap
Funding pips also shutdown I guess since suddenly they stopped trades, whatt is happening to prop firms
LOL. First,they suspend all US-based operations. Then, they halt everything for "urgent maintenance". In other words, MetaManipulation Metaquotes platforms burn yet another company and users.
To free Gazans of Hamas, use whatever it takes.
  • #809,480
  • Feb 14, 2024 9:43am Feb 14, 2024 9:43am
Quoting deltaone
{quote} sl = be now.
sl hit. +-0
fortis fortuna adiuvat
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