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Cable Update (GBPUSD)

  • #834,181
  • Aug 2, 2024 6:39am Aug 2, 2024 6:39am
Quoting Georginson
Back at daily low yet again... Bought 1.2752... target 1.2800 stop 1.2733...
Exited at 1.2748... -4 pips. I gladly take this as i took good advice to take my stop to 1.2700.
Data + Stat + Risk/Emotions Management
  • #834,182
  • Aug 2, 2024 6:39am Aug 2, 2024 6:39am
GBP/USD, 15-minute chart: A range like a caterpillar crawling around. I know it's effective to go long, but I can't make an entry, so I'm closing out today.
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  • #834,183
  • Aug 2, 2024 6:42am Aug 2, 2024 6:42am
Quoting ScalaFX
{quote} yesyesyes But reaction to this data is a mistery
3 main important data get release on NFp
NFP
U.Rate
Wage
When these 3 are not aligned, spike both way, trap deeznuts on both way of the market.
Just like last NFP It was untradeable.

On NFP day i like to take a day off, unless already holding a trade that the NFp is far from triggering or price near Key zone.
NFP usually run to it and print friday high/low on the release.
Normal fryday, after London close, we get the friday high/low- 21:30 my time for Gold
More time in the market, does not mean you trade better!
  • #834,184
  • Aug 2, 2024 6:47am Aug 2, 2024 6:47am
Quoting dantpm
{quote} You are being unfair. Haven't you read about Nancy? She doesn't trade. Her finances are managed by her husband. Any gains that result from coincidental timing with her political activities are just that pure coincidence.
One day i will also run to become a politician on my island. i dont care if i am to become minister of gender equality.
As long as im in parliament, i'll also do insider trading. Nobody will question you, because the opposition party also do this.
Matter of fact, politician in Mauritius donot heavily involved insider trading, instead each one of them want to monopole the drug market, since drug consumption is very high by both tourists and locals.

Amongst the politician, i'll be the golden one
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More time in the market, does not mean you trade better!
  • #834,185
  • Aug 2, 2024 6:48am Aug 2, 2024 6:48am
I'm bullish... I don't need to tell you why.
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  • #834,186
  • Aug 2, 2024 6:52am Aug 2, 2024 6:52am
Quoting Fardeen1209
{quote} One day i will also run to become a politician on my island. i dont care if i am to become minister of gender equality. As long as im in parliament, i'll also do insider trading. Nobody will question you, because the opposition party also do this
Just make sure that you don't get caught giving or selling tips to friends or relatives. This is typically how 'insiders' get caught! Why do board of directors do so well when they stoutly declare that they aren't involved in insider trading?
  • #834,187
  • Aug 2, 2024 6:58am Aug 2, 2024 6:58am
Quoting Fardeen1209
{quote} One day i will also run to become a politician on my island. i dont care if i am to become minister of gender equality. As long as im in parliament, i'll also do insider trading. Nobody will question you, because the opposition party also do this. Matter of fact, politician in Mauritius donot heavily involved insider trading, instead each one of them want to monopole the drug market, since drug consumption is very high by both tourists and locals. Amongst the politician, i'll be the golden one {image}
People don't plan to lose. They lose because they don't plan.
  • #834,188
  • Aug 2, 2024 7:06am Aug 2, 2024 7:06am
Quoting ScalaFX
{quote}
this man has succumb to the evils of this world
  • #834,189
  • Aug 2, 2024 7:07am Aug 2, 2024 7:07am
My thoughts on Cable. Can see the upper recent highs getting swept and then hopefully a climb to rebalance the highlighted order block. NFP could change the whole idea though. Peace.
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  • #834,190
  • Aug 2, 2024 7:15am Aug 2, 2024 7:15am
Quoting Georginson
{quote} thanks mate, i did adjust my stop to 1.2700... but the weekly ranges have been quite inconsistent. I tend to like how you mapped it out.
Geoginson, that's why I posted about the weekly range. I know you have extensive knowledge and are a swing trader. As you know I use ATR(14) for finding exhausting points for day and week. All between 80-120% of the prior range is in play for the next day and week. Good luck my man.
Always trade your own plan...I don't provide trading signals.
  • #834,191
  • Aug 2, 2024 7:17am Aug 2, 2024 7:17am
Get your big boy pants on, its pocket money night!
July has been good to me, so tonight I would just like a modest 20,000 Yen please! AKA about $135 USD.
And OH LOOK... price is perfectly between 2800 and 2700 just 15 mins before NFP... WHAT A SUPRISE!
OK, lets get them orders placed people. Rock n roll everyone!
Emotional Control. Process, not outcome.
  • #834,192
  • Aug 2, 2024 7:23am Aug 2, 2024 7:23am
Quoting Godspromise
{quote} this man has succumb to the evils of this world
For my side hustle, i'm a shit talker.
Ninna is the pro that teach me how to shit talk.
More time in the market, does not mean you trade better!
  • #834,193
  • Aug 2, 2024 7:26am Aug 2, 2024 7:26am
Quoting Fardeen1209
{quote} For my side hustle, i'm a shit talker. Ninna is the pro that teach me how to shit talk.
I know bro I find it funny nfp soon gotta lively up
  • #834,194
  • Aug 2, 2024 7:28am Aug 2, 2024 7:28am
Just closed some trades for a nice profit now let’s see the news from the sidelines
Master your mind. Master Trading.
  • #834,195
  • Aug 2, 2024 7:28am Aug 2, 2024 7:28am
Gentlemen start your engines…. Ok at least strap
your belts on lol
Insane in the Brain..
  • #834,196
  • Aug 2, 2024 7:28am Aug 2, 2024 7:28am
USDJPY
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Same support are being tested from lower high.
Not enuf Demand or high supply. Not goin to short, but indicator i used for NFp, together with US02Y and 10Y
More time in the market, does not mean you trade better!
  • #834,197
  • Aug 2, 2024 7:29am Aug 2, 2024 7:29am
Hold your pee
More time in the market, does not mean you trade better!
  • #834,198
  • Aug 2, 2024 7:30am Aug 2, 2024 7:30am
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yes yes yes
  • #834,199
  • Aug 2, 2024 7:32am Aug 2, 2024 7:32am
what a miss
People don't plan to lose. They lose because they don't plan.
  • #834,200
  • Aug 2, 2024 7:33am Aug 2, 2024 7:33am
Quoting ScalaFX
what a miss
yup and then some! If the engines don’t run out of fuel we may close near 12820
Insane in the Brain..
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