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Cable Update (GBPUSD)

  • #809,941
  • Feb 16, 2024 2:50am Feb 16, 2024 2:50am
Quoting Elysion
Why does it feels like everything wants to go up. Borh USDxxx pairs and xxxUSD pairs.

Yesterdays woeful US sales figures says America will cut interest rates sooner than later
Don't Leave Money on the Table
  • #809,942
  • Feb 16, 2024 2:51am Feb 16, 2024 2:51am
Euro is already up, Gold prepping for another bullish engulfing bar.

GU stalling (as usual)
UJ stalling (weird)
Exhausted
  • #809,943
  • Feb 16, 2024 2:56am Feb 16, 2024 2:56am
Quoting Elysion
Euro is already up, Gold prepping for another bullish engulfing bar. GU stalling (as usual) UJ stalling (weird)
I added another long on GJ and added long on EJ before FO. GJ not impressive for the moment, but I'm still bearish on JPY nonetheless.
GU is a pain to trade at the moment. As said, when D1 closes below 1.253 I'll start loading shorts to 1.21-1.22, but until that happens I'm out.
  • #809,944
  • Feb 16, 2024 3:01am Feb 16, 2024 3:01am
Quoting navk
Below 1.2580, I could buy. However, I did not start yet. Having made 8.8 % already for today ( Including for Nube ), I will buy when NY opens or scalp both sides. The bias for today is bull candle. {image}
bravo, my week;-)
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trading is like dancing, don't think and just listen to the music!
  • #809,945
  • Feb 16, 2024 3:02am Feb 16, 2024 3:02am
Quoting HaLBot
{quote} Yes your probably right, bought just now at 1.2584...now watch it fall another 20 pips Bit late was distracted, TP 1.2595 but will let it run if looks to go higher
maybe i was wrong..its going down more..2550 looks good for long
dont teach me how to buy. im sellers!!
  • #809,946
  • Feb 16, 2024 3:02am Feb 16, 2024 3:02am
Bought 1.2576... target 1.2610... stop 1.2540.
Data + Stat + Risk/Emotions Management
  • #809,947
  • Feb 16, 2024 3:03am Feb 16, 2024 3:03am
Quoting Whatevs
{quote} I added another long on GJ and added long on EJ before FO. GJ not impressive for the moment, but I'm still bearish on JPY nonetheless. GU is a pain to trade at the moment. As said, when D1 closes below 1.253 I'll start loading shorts to 1.21-1.22, but until that happens I'm out.
I bearish on dollah, UJ but it's struggling

Everytime I try to hold trades they range like mofo.
While it moves smoothly when I'm sidelines.
Exhausted
  • #809,948
  • Feb 16, 2024 3:04am Feb 16, 2024 3:04am
Quoting TraderFX.Id
{quote}maybe i was wrong..its going down more..2550 looks good for long
GU is facing selling pressure while other pairs are moving up. Not sure why though.
Exhausted
  • #809,949
  • Feb 16, 2024 3:05am Feb 16, 2024 3:05am
Quoting Georginson
Bought 1.2576... target 1.2610... stop 1.2540.

Yes I added at 1.2578
Don't Leave Money on the Table
  • #809,950
  • Feb 16, 2024 3:05am Feb 16, 2024 3:05am
Quoting birdland
{quote} bravo, my week;-) {image}
Until NYO, Until PPI, I will just focus on earning few pips, both sides.
Intraday only.
  • #809,951
  • Feb 16, 2024 3:05am Feb 16, 2024 3:05am
Quoting navk
{quote} Closed all and great profits booked. Done 6.9 % until now for this Friday. We were out side of home to a Restaurant. Closed all trades manually in my Android.
7 hours ago navk "Closed all" for 6.9% profit today. Fun story.

Quoting navk
Below 1.2580, I could buy. However, I did not start yet. Having made 8.8 % already for today ( Including for Nube ), I will buy when NY opens or scalp both sides. The bias for today is bull candle. {image}
7 hours later and "not start yet", but now it's 8.8% for today.

Magically an extra 1.9% appears in navk's account while out of the market. That's how good navk is... doesn't even need to have a position to make 1.9%! Amazing skills. Everyone begin licking navk's boots, as you do.

This isn't an English skill issue, this is a bullshit overflow issue.
Congratulations ScalaFX for coming out of the closet!
  • #809,952
  • Feb 16, 2024 3:07am Feb 16, 2024 3:07am
Quoting navk
{quote} Until NYO, Until PPI, I will just focus on earning few pips, both sides.
my day is already finished after 1 hour trading.
trading is like dancing, don't think and just listen to the music!
  • #809,953
  • Feb 16, 2024 3:07am Feb 16, 2024 3:07am
add short 2580
dont teach me how to buy. im sellers!!
  • #809,954
  • Feb 16, 2024 3:12am Feb 16, 2024 3:12am
Quoting Elysion
{quote} I bearish on dollah, UJ but it's struggling Everytime I try to hold trades they range like mofo. While it moves smoothly when I'm sidelines.
I think all currencies will do great against JPY in the short term. These threats from Japan about intervening have slowed JPY fall slightly, however it will not stop JPY from depreciating further.

Considering USD... I have got no clue to be honest for which reason I don't trade any pair including USD at the moment.
USD should continue being stronger than other currencies until Fed starts cutting...

When you're looking at the price constantly it will probably force you out of trades, that's why opening the trade putting SL in and getting away from the computer is the best thing to do. Go out and have some coffee or whatever... not many people can handle watching price and keep their cool. I know I don't and that's why I just go away when I enter trades and go do whatever and let the time do its thing. I monitor them when I'm not at home of course, but I can't close the trades when I'm out and about hahah.

There really is no point in monitoring the trades.. put SL and TP and move on if you did your analysis.
  • #809,955
  • Feb 16, 2024 3:19am Feb 16, 2024 3:19am
Quoting Whatevs
{quote}... When you're looking at the price constantly it will probably force you out of trades, that's why opening the trade putting SL in and getting away from the computer is the best thing to do. Go out and have some coffee or whatever... not many people can handle watching price and keep their cool. I know I don't and that's why I just go away when I enter trades and go do whatever and let the time do its thing. I monitor them when I'm not at home of course, but I can't close the trades when I'm out and about hahah. There really is no point...
Hi. It's a good point. I use posting here @ ff.com to occupy my itchy mouse finger when in a trade lol!
------------------------------------------------------------------------------------------------------------------

... prev 1hr sw lo zone = prev supp = pot supp has held the down move so far off current dly hi, after an Asian lo false b/o. Still only 38% 30day adr traveled so far today.

1hr below
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Trader with an Edge.
  • #809,956
  • Feb 16, 2024 3:20am Feb 16, 2024 3:20am
Quoting TraderFX.Id
add short 2580
target ??
  • #809,957
  • Feb 16, 2024 3:22am Feb 16, 2024 3:22am
Quoting great_live
{quote} target ??
2550 sl 2595
dont teach me how to buy. im sellers!!
  • #809,958
  • Feb 16, 2024 3:23am Feb 16, 2024 3:23am
I guess we need to wait for a new H4 candle.
Currently H1 shows no signs of going anywhere in most pairs.
37 mins till a new H4 candle.
Exhausted
  • #809,959
  • Feb 16, 2024 3:28am Feb 16, 2024 3:28am
Quoting Elysion
I guess we need to wait for a new H4 candle. Currently H1 shows no signs of going anywhere in most pairs. 37 mins till a new H4 candle.
H4 will surprise everyone with big volume short or long..just my feelings
dont teach me how to buy. im sellers!!
  • #809,960
  • Feb 16, 2024 3:29am Feb 16, 2024 3:29am
Quoting Elysion
I guess we need to wait for a new H4 candle. Currently H1 shows no signs of going anywhere in most pairs. 37 mins till a new H4 candle.

Can turn around but GU one hourly has a bearish bias atm although Georginson buying at 1.2576 has given me confidence my buys at 2584 and 2578 are correct lol
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