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Cable Update (GBPUSD)

  • #831,821
  • Jul 10, 2024 5:46am Jul 10, 2024 5:46am
Strange bullish day , looking for a sell entry.
Insane in the Brain..
  • #831,822
  • Jul 10, 2024 5:54am Jul 10, 2024 5:54am
Quoting BeeTogether
Strange bullish day , looking for a sell entry.
be vigilant Bee.
using the Mitibloch trend method on M30 there may be some pullback but the up trend is still very much in place
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in wondering about yourself, you forgot what you came here to be part of
  • #831,823
  • Jul 10, 2024 5:56am Jul 10, 2024 5:56am
Quoting BeeTogether
Strange bullish day , looking for a sell entry.

Eur/Gbp has been selling of last 3 hours giving Cable a boost, now EG being bought, dollar being sold and if dollar selling continues cable will keep rising.....could be wrong


An update on that, Cable does look like it's going to fall over at this level....
Don't Leave Money on the Table
  • #831,824
  • Jul 10, 2024 6:26am Jul 10, 2024 6:26am
12810 seems to be a decent resistance area if cracked maybe S1 won’t hold either
Insane in the Brain..
  • #831,825
  • Jul 10, 2024 7:30am Jul 10, 2024 7:30am
i just realized FED chair is speaking today
dont know if there will be much more action till then
in wondering about yourself, you forgot what you came here to be part of
  • #831,826
  • Jul 10, 2024 7:36am Jul 10, 2024 7:36am
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in wondering about yourself, you forgot what you came here to be part of
  • #831,827
  • Jul 10, 2024 7:45am Jul 10, 2024 7:45am
Took short
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yes yes yes
  • #831,828
  • Edited 8:11am Jul 10, 2024 7:52am | Edited 8:11am
Quoting donfriday
{quote} sl 2,383
Orders flow on cruise control.

I will pass it for now

2377 is a liq area for buyers. If bears will smash it i will sell.
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  • #831,829
  • Jul 10, 2024 7:56am Jul 10, 2024 7:56am
If there is no trading opportunity for me in NY session, tomorrow I won't trade until CPI release. I will never risk my money on very high impact news.
With courage, patience, and discipline, success is a matter of time.
  • #831,830
  • Jul 10, 2024 8:12am Jul 10, 2024 8:12am
Nice game of support and resistance
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yes yes yes
  • #831,831
  • Jul 10, 2024 8:13am Jul 10, 2024 8:13am
Quoting JameRomeo168
If there is no trading opportunity for me in NY session, tomorrow I won't trade until CPI release. I will never risk my money on very high impact news.

good choice.

if you are trading funded acct with fp, don’t risk it.

last cpi took my acct.

I was on breakeven. With SL of $15 and $25. A $10k acct.

CPI released and SL took me out with -$258 and -$258. Respectively. Breaching my acct wiht daily loss of $500 hit

a means for firms to rob you.


well. I’m funded again.
#Stay blue. /swinger/scalper/
  • #831,832
  • Jul 10, 2024 8:22am Jul 10, 2024 8:22am
Quoting Ehminiz
{quote} good choice. if you are trading funded acct with fp, don’t risk it. last cpi took my acct. I was on breakeven. With SL of $15 and $25. A $10k acct. CPI released and SL took me out with -$258 and -$258. Respectively. Breaching my acct wiht daily loss of $500 hit a means for firms to rob you. well. I’m funded again.
Sad for you

I'm funded with FTMO. Very little unfair slippage compare to other prop firms.
FP was good, but lately they add another rules which make me hesitated to go to them despite the price is more affordable than FTMO.

Glad you funded again, try to stay away from very high impact news as much as you can then you are good.
With courage, patience, and discipline, success is a matter of time.
  • #831,833
  • Jul 10, 2024 8:26am Jul 10, 2024 8:26am
Quoting eyefeelsix
{quote} 2nd order filled {image}

get ready for counterattack to the north, atm zero risk sl in+ to anticipation wkwk

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https://breakpullback.com
  • #831,834
  • Jul 10, 2024 8:29am Jul 10, 2024 8:29am
Quoting JameRomeo168
{quote} Sad for you I'm funded with FTMO. Very little unfair slippage compare to other prop firms. FP was good, but lately they add another rules which make me hesitated to go to them despite the price is more affordable than FTMO. Glad you funded again, try to stay away from very high impact news as much as you can then you are good.

yes. I will.

they have been acting funny and I’m sure going to reduce my partnership with them.
#Stay blue. /swinger/scalper/
  • #831,835
  • Jul 10, 2024 8:33am Jul 10, 2024 8:33am
Quoting JameRomeo168
If there is no trading opportunity for me in NY session, tomorrow I won't trade until CPI release. I will never risk my money on very high impact news.
I love trading high impact news. Tbh, Its a go hard or go home setup. But chances of winning tension free on high impact isnt opening a position 5 min before news. Nfp gave a good example with dat spike. Position a day prior to at least 2 hr before impact news is rewarding. Jumping 5mins before news majority of the time is gambling or set stop orders above or below prevailing price just before news.

If price at extreme of swing high/low, then the high impact can be used to position against the current trend/swing; position for the next counter swing.

2 rule for news trading:
Price at liquidity zone, on news, price run away from it.
Price far from liquidity zone, on news, price runs to it.
More time in the market, does not mean you trade better!
  • #831,836
  • Jul 10, 2024 8:36am Jul 10, 2024 8:36am
Retesting weeks high? Some spike!
Insane in the Brain..
  • #831,837
  • Jul 10, 2024 8:39am Jul 10, 2024 8:39am
what is happening lately ? must have some news effect !
got as BOE'S PILL talks !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #831,838
  • Jul 10, 2024 8:39am Jul 10, 2024 8:39am
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yes yes yes
  • #831,839
  • Jul 10, 2024 8:40am Jul 10, 2024 8:40am
Quoting BeeTogether
Retesting weeks high? Some spike!
https://www.bankofengland.co.uk/spee...-at-asia-house
  • #831,840
  • Jul 10, 2024 8:40am Jul 10, 2024 8:40am
Who is selling with me?
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