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Cable Update (GBPUSD)

  • #827,441
  • May 30, 2024 2:10am May 30, 2024 2:10am
... Nice bounce! 1hr falling wedge under threat of upside b/o?

1hr below
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Trader with an Edge.
  • #827,442
  • May 30, 2024 2:10am May 30, 2024 2:10am
go bulls
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yes yes yes
  • #827,443
  • May 30, 2024 2:19am May 30, 2024 2:19am
...largest p/back in this fall from 2801-2680 is 26pips so far...ie 2746-71.
Trader with an Edge.
  • #827,444
  • May 30, 2024 2:23am May 30, 2024 2:23am
Quoting Sammih
{quote} moved stops to higher entry be {image}
Price moved swiftly through the targets without offering any pullbacks. The red marked areas are good for adding shorts
stop moved further down
I would consider reversing in the stop area
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I'm high on trading, cant you tell?
  • #827,445
  • May 30, 2024 2:30am May 30, 2024 2:30am
Epic end-of-week big number power in affect
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Emotional Control. Process, not outcome.
  • #827,446
  • May 30, 2024 2:33am May 30, 2024 2:33am
Grab the liquidity and now someone open that damn trapdoor
Insane in the Brain..
  • #827,447
  • May 30, 2024 2:34am May 30, 2024 2:34am
Correct complete 0.38 now will go for 5th move of 4th Hrz
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  • #827,448
  • May 30, 2024 2:47am May 30, 2024 2:47am
Come on 15 pips
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yes yes yes
  • #827,449
  • May 30, 2024 2:50am May 30, 2024 2:50am
Quoting Moty
Come on 15 pips {image}
Hey... what happened to your "loose 10, gain 30" mantra? It was good for you, you should stick by it! It will save you in the long run Moty
Emotional Control. Process, not outcome.
  • #827,450
  • May 30, 2024 2:55am May 30, 2024 2:55am
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E. and BP 5' --- Longed both. SL as shown .

  • #827,451
  • May 30, 2024 3:08am May 30, 2024 3:08am
Quoting Yngwie
Long 1.2690 SL 1.2670
Closed 20p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #827,452
  • May 30, 2024 3:16am May 30, 2024 3:16am
Quoting Konichiwhaat
{quote} Hey... what happened to your "loose 10, gain 30" mantra? It was good for you, you should stick by it! It will save you in the long run Moty
It has a name. It's called "death by a thousand cuts".
  • #827,453
  • May 30, 2024 3:23am May 30, 2024 3:23am
Quoting Shawi
Hey Guysss! Hope you all doing great! What are your thoughts on Today (Usd) Data (Prelim GDP q/q) i feel that it can come negative. SHARE YOURS!
Wait till data is actually out and the dust settles. Bad data, good data, can in these circumstances make the PA run hard in both directions before it calms down and picks north or south. That said, looking for long entries, indices, GU, EU, AU and NU.
  • #827,454
  • May 30, 2024 3:24am May 30, 2024 3:24am
I think GBP soon crossing up
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  • #827,455
  • May 30, 2024 3:25am May 30, 2024 3:25am
Quoting Jade Gate
{quote} It has a name. It's called "death by a thousand cuts".
My luxury homes and lifestyle would tend to disagree. But I know there are a thousand ways to trade. Personally, I love a good old stop-loss. Does exactly what it says on the tin... ahhhh
Emotional Control. Process, not outcome.
  • #827,456
  • May 30, 2024 3:32am May 30, 2024 3:32am
Quoting Sammih
{quote} Price moved swiftly through the targets without offering any pullbacks. The red marked areas are good for adding shorts stop moved further down I would consider reversing in the stop area {image}
added some shorts
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I'm high on trading, cant you tell?
  • #827,457
  • May 30, 2024 3:39am May 30, 2024 3:39am
Quoting Moty
Come on 15 pips {image}
Just trade gold instead.

20 pips SL
40 - 60+ pips TP.

I'm mostly bearish in gold today, while scalping some longs.
H2 and D1 bias
Exhausted
  • #827,458
  • May 30, 2024 3:54am May 30, 2024 3:54am
Long NZDCHF and short GBPCHF. Same setup every trade predicting huge market swings which shows the true direction of the market aka the value direction. Auction theory. William Vickrey, Paul Milgrom, Robert Wilson. Nobel work. Like clockwork.

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  • #827,459
  • Edited 7:49am May 30, 2024 3:58am | Edited 7:49am
Sold 1.2714 SL 1.2754 (revised)
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #827,460
  • May 30, 2024 4:11am May 30, 2024 4:11am
Quoting Konichiwhaat
{quote} Hey... what happened to your "loose 10, gain 30" mantra? It was good for you, you should stick by it! It will save you in the long run Moty

i changed it to "increase your equity by 30% every day" strategy
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yes yes yes
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