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Cable Update (GBPUSD)

  • #822,601
  • Apr 22, 2024 8:02am Apr 22, 2024 8:02am
Quoting Georginson
bought GU at 1.2344... target 1.2400... stop 1.2310
Already stopped out... Didn't trade for a long time... First trade ended up in 34 pips loss... Weird Price action with no meaning bounce from Last Friday low.
Data + Stat + Risk/Emotions Management
  • #822,602
  • Apr 22, 2024 8:04am Apr 22, 2024 8:04am
Short lived pump but that's okay I closed my buys as scalps...1.2323 and 1.2325
Thought it might have touched 1.2330

Guess 1.2300 is the next attempt at buying
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Don't Leave Money on the Table
  • #822,603
  • Apr 22, 2024 8:04am Apr 22, 2024 8:04am
Quoting Luxyus
nothing to say, it speaks by itself. {image}
very true....
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #822,604
  • Apr 22, 2024 8:04am Apr 22, 2024 8:04am
Quoting suhas316
Long GBP/JPY {image}
stop loss hit
!! Radha Radha !!
  • #822,605
  • Apr 22, 2024 8:04am Apr 22, 2024 8:04am
Ok, this game is called "Spot the Inter-relationships". It cannot be emphasized enough re the need to watch these inter-relationships religiously.
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  • #822,606
  • Apr 22, 2024 8:16am Apr 22, 2024 8:16am
Quoting Traderview
{quote}Support is being gained. {image}
Really?
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  • #822,607
  • Apr 22, 2024 8:18am Apr 22, 2024 8:18am
Quoting mallee
{quote} Really?{image}
1.23 is the support to bounce up
  • #822,608
  • Apr 22, 2024 8:21am Apr 22, 2024 8:21am
Goldi, i am giving you one more chance
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yes yes yes
  • #822,609
  • Apr 22, 2024 8:22am Apr 22, 2024 8:22am
easy way to read rsi on chart

method explained in this thread https://www.forexfactory.com/thread/1197644-eurusd-only
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  • #822,610
  • Apr 22, 2024 8:22am Apr 22, 2024 8:22am
Quoting HaLBot
Short lived pump but that's okay I closed my buys as scalps...1.2323 and 1.2325 Thought it might have touched 1.2330 Guess 1.2300 is the next attempt at buying {image}
Last Keltner channel (volatilityx4) on TF H1 says 1.2295, worth a try maybe, but not for me
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chaos is just unknown order
  • #822,611
  • Apr 22, 2024 8:23am Apr 22, 2024 8:23am
Quoting Godspromise
{quote} 1.23 is the support to bounce up
Maybe
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  • #822,612
  • Apr 22, 2024 8:25am Apr 22, 2024 8:25am
becomes easy to trade anything
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  • #822,613
  • Apr 22, 2024 8:27am Apr 22, 2024 8:27am
Quoting mallee
{quote} Maybe{image}
I'm not guessing I'm telling you bro it is as Jade said spot the correlation
  • #822,614
  • Apr 22, 2024 8:35am Apr 22, 2024 8:35am
Quoting Pat Chiko
{quote} GU Hey Bro. My thought process for the GU and learning every mistakes along the way. Missed the best short set up as just woke up and having............, the open chart for late N3 while are still valid set up. Completed my revenge trades, and wait for next set up for NY session.{image}
GU

Casual trade one position testing EW theory.
Will get to BE asap.

TP, according to Waveskie target
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #822,615
  • Apr 22, 2024 8:36am Apr 22, 2024 8:36am
Quoting Godspromise
{quote} I'm not guessing I'm telling you bro it is as Jade said spot the correlation
Is Jade one of your prophets God?
  • #822,616
  • Apr 22, 2024 8:37am Apr 22, 2024 8:37am
Quoting Georginson
{quote} Already stopped out... Didn't trade for a long time... First trade ended up in 34 pips loss... Weird Price action with no meaning bounce from Last Friday low.
Hi Georginson, always a pleasure to hear from you. My stats show GBP/USD has done a good job by dropping. That probably caused also the very smooth down -but anyway GBP/USD missed two important levels for sellers so it will bounce up. Your stats should show it, too. You were always a good example for me to analyze market very deeply. So I try to give sth. back. GBP/USD is overdone now, heavily. Targets are currently above 1.2340 and above 1.2380. Than continueation can come.

Today we have a classical institutional vs. amateur play. Trader Sentiment shows it, too. They try to rip as much amateurs as possible today. They are deeply short on GBP now. Very deep. Will be fun to see how it plays out.

Edit: I'm heavily invested long, current avg. 1.2313. Cheers !

Cheers.
  • #822,617
  • Apr 22, 2024 8:39am Apr 22, 2024 8:39am
Quoting Whatevs
GBP/USD Support On The Weekly TF Is At 1.23200 Support On The Monthly TF Is At 1.22300 & At 1.21000 If The Price Drops Below 1.21000 On GBP/USD, Then The Price Is Highly Likely Going To Crash. M15 Sell M30 Sell H1 Sell H4 Sell D1 Sell W1 (One Last Support) MN (Last Two Supports)
Weekly Support At 1.23200 Is Broken. Support On 1.22300 Is Next In My Opinion.
  • #822,618
  • Apr 22, 2024 8:40am Apr 22, 2024 8:40am
Quoting mallee
{quote} Maybe{image}
if you get a winning trade you have to cashapp me 20% profits
  • #822,619
  • Apr 22, 2024 8:40am Apr 22, 2024 8:40am
Quoting Whatevs
{quote} Weekly Support At 1.23200 Is Broken. Support On 1.22300 Is Next In My Opinion.
fakeout
  • #822,620
  • Apr 22, 2024 8:41am Apr 22, 2024 8:41am
Quoting ScalaFX
short Gold 1st 2381, pendings 2383 2385 target 2350
month done
People don't plan to lose. They lose because they don't plan.
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