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Cable Update (GBPUSD)

  • #836,161
  • Aug 23, 2024 9:23am Aug 23, 2024 9:23am
Quoting navk
{quote} My analysis is bullish close tomorrow around 1.3150 + Do not discount daily bullish scenario. I would expect drop to be limited to 3050 for a thrust up. Jacksonhole simposium may bring a surprise
Intraday only.
  • #836,162
  • Aug 23, 2024 9:23am Aug 23, 2024 9:23am
Quoting thevisitor
closed all longs
back from holidays, missed some pips..
  • #836,163
  • Aug 23, 2024 9:24am Aug 23, 2024 9:24am
I dunno why traders shorting this ??
Intraday only.
  • #836,164
  • Aug 23, 2024 9:34am Aug 23, 2024 9:34am
Quoting Moty
{image} {image}
no SL on GU ?
  • #836,165
  • Aug 23, 2024 9:34am Aug 23, 2024 9:34am
Quoting Whale
{quote} 200 pips down to 1.3 im in right now at 1.3175
they wanna cook me today..
  • #836,166
  • Aug 23, 2024 9:37am Aug 23, 2024 9:37am
Quoting navk
I dunno why traders shorting this ??
Same reason people were telling to short when it went to 1.22 or 1.21 couple of months back
  • #836,167
  • Aug 23, 2024 9:39am Aug 23, 2024 9:39am
Bears are bent over and been given a spanking … only way is down?
Insane in the Brain..
  • #836,168
  • Aug 23, 2024 9:42am Aug 23, 2024 9:42am
Quoting BeeTogether
Bears are bent over and been given a spanking … only way is down?
Sometime one huge positive spike of trend can be sign the end of trend. But very hard to predict since USD is very weak right now.
With courage, patience, and discipline, success is a matter of time.
  • #836,169
  • Aug 23, 2024 9:43am Aug 23, 2024 9:43am
Quoting JameRomeo168
{quote} Sometime one huge positive spike of trend can be sign the end of trend. But very hard to predict since USD is very weak right now.
exactly .. can’t predict this .. will be worse if Bailey hawkish lol
Insane in the Brain..
  • #836,170
  • Aug 23, 2024 9:46am Aug 23, 2024 9:46am
Quoting BeeTogether
Bears are bent over and been given a spanking … only way is down?
could be 1.3260
i am out and have a good weekend
  • #836,171
  • Aug 23, 2024 9:46am Aug 23, 2024 9:46am
Quoting JameRomeo168
{quote} Sometime one huge positive spike of trend can be sign the end of trend. But very hard to predict since USD is very weak right now.
agree
Intraday only.
  • #836,172
  • Aug 23, 2024 9:49am Aug 23, 2024 9:49am
Quoting navk
I dunno why traders shorting this ??

you cant win it all....you cant lose it all
MY OPINION NOT FINANCIAL ADVISE
  • #836,173
  • Aug 23, 2024 9:49am Aug 23, 2024 9:49am
Quoting thevisitor
{quote} could be 1.3260 i am out and have a good weekend
Bruh

Some sellers short without stop loss are already panic enough right now, do you have to add more?
With courage, patience, and discipline, success is a matter of time.
  • #836,174
  • Aug 23, 2024 9:50am Aug 23, 2024 9:50am
Quoting JameRomeo168
{quote} Bruh Some sellers short without stop loss are already panic enough right now, do you have to add more?
I don’t have a SL either
Insane in the Brain..
  • #836,175
  • Aug 23, 2024 9:50am Aug 23, 2024 9:50am
small loss big win thats the way to survive trading
MY OPINION NOT FINANCIAL ADVISE
  • #836,176
  • Aug 23, 2024 9:52am Aug 23, 2024 9:52am
well thank you powell kiled my trade stone deed
  • #836,177
  • Aug 23, 2024 9:53am Aug 23, 2024 9:53am
Quoting donfriday
{quote} you cant win it all....you cant lose it all
I did win all, I lost it all.

Not just once but many times.

Being day trader.

You are swing trader, by being swing trader, loosing or winning is limited.
Intraday only.
  • #836,178
  • Aug 23, 2024 9:53am Aug 23, 2024 9:53am
Quoting pipfarm
{quote} Got taken out of both trades

I have nearly recovered my losses (5k) from the last two trades with the usdjpy and usdchf shorts but the trades are still running will post the chart later, hopefully i can close and fully recover
Follow The Markets Structure - Patience and Discipline
  • #836,179
  • Aug 23, 2024 9:55am Aug 23, 2024 9:55am
Quoting navk
{quote} I did win all, I lost it all. Nit just once but many times. Being day trader. You are swing trader, by being swing trader, loosing or winning is limited.

I am not a swing trader..

i just trade and position my trades according tomy experience and feeling..


we have come a long way to be seeing few loses as the end of the business...
MY OPINION NOT FINANCIAL ADVISE
  • #836,180
  • Aug 23, 2024 9:58am Aug 23, 2024 9:58am
Quoting BeeTogether
{quote} I don’t have a SL either
To be honest, 1.3050 is still area of my interest of retracement. And I think your short order is around that price. From 1.3050 to now, I don't see any better price for retracement than this. So I think you still have chance.
With courage, patience, and discipline, success is a matter of time.
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