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Cable Update (GBPUSD)

  • #822,221
  • Apr 19, 2024 2:53am Apr 19, 2024 2:53am
gu a bit to go to test weekly open -- dotted black
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  • #822,222
  • Apr 19, 2024 2:54am Apr 19, 2024 2:54am
eu just tested weekly open
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  • #822,223
  • Apr 19, 2024 3:03am Apr 19, 2024 3:03am
Quoting biodunola07
If the spike seen to the upside in gu happens to be a liquidity sweep, know for sure that gu will trade lower. I will not advise going long ATM {image}

Well you just missed out on 60 glorius pips
Got home and most of the pump had already happened but grab some
Don't Leave Money on the Table
  • #822,224
  • Apr 19, 2024 3:03am Apr 19, 2024 3:03am
Quoting trumps
{quote} Cancel that. Will be looking to sell around 2455 area, targeting 2380 {image}
Impatiently shorted 2451
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Compulsions can be hard to resist
  • #822,225
  • Apr 19, 2024 3:05am Apr 19, 2024 3:05am
Quoting T721
eu just tested weekly open {image}
interesting...my charts show weekly open different due to different broker;-)
gu
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eu
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trading is like dancing, don't think and just listen to the music!
  • #822,226
  • Apr 19, 2024 3:06am Apr 19, 2024 3:06am
Sleepy Joe has out done himself this time

"During WW2 cannibals ate my Uncle Boise"


It's all bullshit of course LOL
Don't Leave Money on the Table
  • #822,227
  • Apr 19, 2024 3:07am Apr 19, 2024 3:07am
Quoting birdland
{quote} interesting...my charts show weekly open different due to different broker;-) gu {image} eu {image}
I take weekly open from 12pm Sunday night UK time, but yeah brokers will be different for sure
  • #822,228
  • Apr 19, 2024 3:08am Apr 19, 2024 3:08am
Quoting Yngwie
Sold 1.2440
Short from 500, out for 60. Cheers
  • #822,229
  • Apr 19, 2024 3:15am Apr 19, 2024 3:15am
Yes yes yes
Ty mister dragon
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yes yes yes
  • #822,230
  • Apr 19, 2024 4:06am Apr 19, 2024 4:06am
Unexpected recovery on GBP/USD. Buyers were lucky price dropped pretty much nothing on Iran news.

I somehow don't believe every one and each of us missed the bottom on GBP/USD. For this reason, I expect the price to drop further than this low today.
  • #822,231
  • Apr 19, 2024 4:21am Apr 19, 2024 4:21am
Quoting Whatevs
Unexpected recovery on GBP/USD. Buyers were lucky price dropped pretty much nothing on Iran news. I somehow don't believe every one and each of us missed the bottom on GBP/USD. For this reason, I expect the price to drop further than this low today.
Only unexpected if you have a strong bias to your strategy. Must be flexible to events. Have already secured profit from the bottom and still trailing a second position
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Emotional Control. Process, not outcome.
  • #822,232
  • Apr 19, 2024 4:22am Apr 19, 2024 4:22am
Quoting Konichiwhaat
{quote} Only unexpected if you have a strong bias to your strategy. Must be flexible to events. Have already secured profit from the bottom and still trailing a second position {image}
Good job! I was looking mainly JPY pairs, so this slipped my attention.

However, price still didn't touch any significant Support in my opinion.
  • #822,233
  • Apr 19, 2024 4:27am Apr 19, 2024 4:27am
Quoting Whatevs
{quote} Good job! I was looking mainly JPY pairs, so this slipped my attention. However, price still didn't touch any significant Support in my opinion.
If price did not come to your levels and you did not take a trade, you should count this as a win for your discipline. Not trading is also not potentially loosing money. Plan, patience and execution is key
Emotional Control. Process, not outcome.
  • #822,234
  • Apr 19, 2024 4:28am Apr 19, 2024 4:28am
Quoting navk
{quote} Third set of longs closed. No sell for me today. Will wait for retrace to happen to take 4th set of longs.
4 th set of long trades closed.

All over now.

Now NY session.

100 % winning trades today ( A ll long GU )
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Intraday only.
  • #822,235
  • Apr 19, 2024 4:30am Apr 19, 2024 4:30am
Week likely going to close around 1.2440. +/- 20 pips.
  • #822,236
  • Apr 19, 2024 4:35am Apr 19, 2024 4:35am
Quoting Konichiwhaat
{quote} If price did not come to your levels and you did not take a trade, you should count this as a win for your discipline. Not trading is also not potentially loosing money. Plan, patience and execution is key
I miss your broken disk image when Suzuki lets out a warning haha.

True. If Support isn't hit, then I have no intention to trade.
  • #822,237
  • Apr 19, 2024 4:41am Apr 19, 2024 4:41am
Quoting Whatevs
{quote} I miss your broken disk image when Suzuki lets out a warning haha. True. If Support isn't hit, then I have no intention to trade.
Oh wow, you remember that! Amazing! I that case I may start again. Been spending time away from the screen and it has really benefited my trading results
Emotional Control. Process, not outcome.
  • #822,238
  • Apr 19, 2024 4:42am Apr 19, 2024 4:42am
Quoting Konichiwhaat
{quote} Oh wow, you remember that! Amazing! I that case I may start again. Been spending time away from the screen and it has really benefited my trading results
I'm much longer a member on FF then you would think haha.
  • #822,239
  • Apr 19, 2024 4:45am Apr 19, 2024 4:45am
Quoting biodunola07
{quote} As long as DXY stays above 106.00 area, I refuse to go long on gbpusd and eurusd. {image}
For me long only GU from 1.2400 today.

Below 1.2400 over streched and bought from 1.2400... to 1.2385.

Around 1.2460 level, I expect retrace.
Intraday only.
  • #822,240
  • Apr 19, 2024 4:47am Apr 19, 2024 4:47am
gbp/usd daily analysis..... Important levels it could easily reverse from either of black line resistance so be careful guys n gurls
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