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Cable Update (GBPUSD)

  • #811,021
  • Feb 22, 2024 1:54am Feb 22, 2024 1:54am
G/M, < 30day adr bullish dly candle y/day. Today so far a larger than average Asian session and an early London1st b/o of the Asian hi in a strong bullish move, challenging the prev 1hr/4hr/dly sw hi zone = prev res = pot res that extends up to 2687. Price again breaks upside of the 2673 midpoint of the total 2500-2828 dly t/f range.

1hr below
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Trader with an Edge.
  • #811,022
  • Feb 22, 2024 1:54am Feb 22, 2024 1:54am
Quoting Nordling
{quote} And still keeping long position on Dow. Added two little positions to this as well. {image}
m waiting for some retracement to buy again.. new ATH incoming 39k n more
Extreme gut feeling trader
  • #811,023
  • Feb 22, 2024 1:55am Feb 22, 2024 1:55am
Bagged my first lot of greens patience patience yesterday tested me but I hanged on for the bull charge.
Will re-enter on pull back
Have a short in gold will wait for draw down
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average dude treading water
  • #811,024
  • Feb 22, 2024 1:56am Feb 22, 2024 1:56am
Dxy looks like broke the important support can fall more
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Extreme gut feeling trader
  • #811,025
  • Feb 22, 2024 1:59am Feb 22, 2024 1:59am
Quoting ScalaFX
{quote} added 2650, 2660, pendings 2670, 80, 90 , 2700 target 2530
may i ask u if by adding you use to doubling size or entries like a sort of martingale? i do like that, it s a component of my risk management
chaos is just unknown order
  • #811,026
  • Feb 22, 2024 1:59am Feb 22, 2024 1:59am
Quoting Pat Chiko
{quote} GU Updating our scalping position GU has exhibited strong trade signals, affirming key support and resistance levels, with prices harmonizing across all order levels. Detailing the TP on the Higher Time Frame chart, including level and a concise description. (Partial TP not displayed to maintain chart clarity). Additionally, sharing the N3 setup on the Lower Time Frame, demonstrating GU's efficacy in presenting favorable trading opportunities this week. This represents an optimal setup for GBP/USD following a prolonged period of sideways...

that 1271X area is looking more do able.
Insane in the Brain..
  • #811,027
  • Feb 22, 2024 2:00am Feb 22, 2024 2:00am
Quoting montygoldy
Dxy looks like broke the important support can fall more {image}
indeed 127 is back on the cards it seems.
Insane in the Brain..
  • #811,028
  • Feb 22, 2024 2:04am Feb 22, 2024 2:04am
...last 1hr close was a big bullish-thrust candle. Wkly R1 just above current dly hi.

4hr below (with 10/20/40 ema crosses graphic.)
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Trader with an Edge.
  • #811,029
  • Feb 22, 2024 2:05am Feb 22, 2024 2:05am
30pips above my entry short
holding it for a while since is a small one

uj approached support 150.08.
hopefully will hold and bounce back. Otherwise will cut my trade and look for another opportunity later
90% of traders use TA, indicators and prediction
  • #811,030
  • Feb 22, 2024 2:06am Feb 22, 2024 2:06am
Quoting montygoldy
Dxy looks like broke the important support can fall more {image}
at least 103.35 MA 200 TF H4
chaos is just unknown order
  • #811,031
  • Feb 22, 2024 2:13am Feb 22, 2024 2:13am
Quoting Zebi
WASHINGTON, Feb 21 (Reuters) - The bulk of policymakers at the U.S. Federal Reserve's last meeting were concerned about the risks of cutting interest rates too soon, ..... in language that seemed to emphasize a careful and perhaps slower approach to rate cuts that market participants now expect to commence in June. Longterm bools have to ask themselves if they feel lucky after reading that LOL im gona look to short after tokyo comes back from lunch cause those guys are useless in the mornings before they eat
Hi. Lol indeed, how's that theory working out today for ya!? To be fair you did say longer-term gbpusd bulls, so this rise in this overall 2500-2828 dly t/f range could as quickly reverse to favour your strong dollar analysis.
Trader with an Edge.
  • #811,032
  • Feb 22, 2024 2:16am Feb 22, 2024 2:16am
Ty mister spike
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yes yes yes
  • #811,033
  • Feb 22, 2024 2:18am Feb 22, 2024 2:18am
Quoting Georginson
Sold 1.2673, target 1.2633... stop 1.2700.
Stopped out at 1.2700.
Data + Stat + Risk/Emotions Management
  • #811,034
  • Feb 22, 2024 2:20am Feb 22, 2024 2:20am
I asked you to get me to 1750 equity mf , you didn't apply
Now look what you did

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yes yes yes
  • #811,035
  • Feb 22, 2024 2:22am Feb 22, 2024 2:22am
Quoting Moty
I asked you to get me to 1750 equity mf , you didn't apply Now look what you did {image}

The Gods are shining on Moty these days, maybe all Nubbies abuse did some good
Hope I haven't put the Moz on Moty now lol
Don't Leave Money on the Table
  • #811,036
  • Feb 22, 2024 2:23am Feb 22, 2024 2:23am
I will short at the black line if it gets there or take a long up to the black line with a close above last week's high (blue line) with a retest on 15-minute chart. I'm in no rush with all this news today to lose money.
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  • #811,037
  • Feb 22, 2024 2:23am Feb 22, 2024 2:23am
Quoting ScalaFX
{quote} added 2650, 2660, pendings 2670, 80, 90 , 2700 target 2530
how are you holding out with these sell positions? Though some correction may take place but price break out may be fatal to your martingale positions.
Data + Stat + Risk/Emotions Management
  • #811,038
  • Feb 22, 2024 2:24am Feb 22, 2024 2:24am
Cable is relentless today and I missed out on all those beautiful pips because I didn't know where to buy in
Don't Leave Money on the Table
  • #811,039
  • Feb 22, 2024 2:28am Feb 22, 2024 2:28am
Quoting Georginson
{quote} how are you holding out with these sell positions? Though some correction may take place but price break out may be fatal to your martingale positions.
yes all active now, SL will be 2760 for all
People don't plan to lose. They lose because they don't plan.
  • #811,040
  • Feb 22, 2024 2:30am Feb 22, 2024 2:30am
short 2706, pending 2720 2690 2670,
tp 2600
dont teach me how to buy. im sellers!!
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