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Cable Update (GBPUSD)

  • #838,601
  • Sep 18, 2024 12:57pm Sep 18, 2024 12:57pm
Waiting see fireworks in m5 tf .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #838,602
  • Sep 18, 2024 12:58pm Sep 18, 2024 12:58pm
I am ready
Can loss only 3 pts and 12 $
Can win a lot
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yes yes yes
  • #838,603
  • Sep 18, 2024 1:01pm Sep 18, 2024 1:01pm
That’s how it’s done
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Master your mind. Master Trading.
  • #838,604
  • Sep 18, 2024 1:02pm Sep 18, 2024 1:02pm
Quoting Waveskierrob
{quote} Patski mostly SHORT but a little LONG...
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  • #838,605
  • Sep 18, 2024 1:09pm Sep 18, 2024 1:09pm
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JY 5' --- Short 2 shots . SL as shown...

  • #838,606
  • Sep 18, 2024 1:13pm Sep 18, 2024 1:13pm
Quoting Mitiblotch
{quote} Which ever is touched first will be the catalyst to the opposite move. They intentionally create these untested areas. Weekly pivot (3096) or at least near might happen. I am currently playing a risky game with price. I hope nobody tries this. Current game: 10 lots short at 3199. TP 3100. (Can jump out without price touching TP) 5 lots long at 3216. No stops. No TP. The decision to play this game came from my broker's stop loss being taken out at 3245 so it probably means we'll go for a low sweep before another goo rise. All speculation...
Overall 5k loss. My initial buy was the correct plan so shouldnt have played the devil's game.
  • #838,607
  • Sep 18, 2024 1:14pm Sep 18, 2024 1:14pm
Quoting Waveskierrob
{quote} Patski mostly SHORT but a little LONG...
Closed LONGS, now for me SHORTS...
  • #838,608
  • Edited 1:27pm Sep 18, 2024 1:15pm | Edited 1:27pm
...so the greater probability scenario played out, ie a -0.5% cut and no sign of Gina Gee (shame!) Upside momentum on the initial knee-jerk react up to a new current yrly hi of 3286 near top of that prev dly/wkly sw hi zone = pot res that extends up to 3298 and is from March 2022. Wkly R2 is history, Wkly R3 is up @/around 3342.

How are all those '..The $ is king, the £ is going to imminent parity' types diddling?
Trader with an Edge.
  • #838,609
  • Sep 18, 2024 1:17pm Sep 18, 2024 1:17pm
Quoting KareemAliFx
That’s how it’s done {image}
what a spread men!
People don't plan to lose. They lose because they don't plan.
  • #838,610
  • Sep 18, 2024 1:17pm Sep 18, 2024 1:17pm
If August high break and hold, I will focus only on long tomorrow. BoE seems does not want to cut rate as well since inflation is not higher than expecting.
With courage, patience, and discipline, success is a matter of time.
  • #838,611
  • Sep 18, 2024 1:18pm Sep 18, 2024 1:18pm
You can do anything with small accounts
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Master your mind. Master Trading.
  • #838,612
  • Sep 18, 2024 1:19pm Sep 18, 2024 1:19pm
Quoting JameRomeo168
If August high break and hold, I will focus only on long tomorrow. BoE seems does not want to cut rate as well since inflation is not higher than expecting.
But ECB cut and EU rallied
  • #838,613
  • Sep 18, 2024 1:19pm Sep 18, 2024 1:19pm
Quoting Mitiblotch
{quote} Overall 5k loss. My initial buy was the correct plan so shouldnt have played the devil's game.
You really tried man. Your first call at 3216 and Takeprofit 3250 is borne out of exceptional experience. It's more about risk management.

I waited to buy @ 1.3200 and deducted the stoploss immediately from my profit... Target 1.3310/1.3390.
Market Structure is the King.....
  • #838,614
  • Edited 2:04pm Sep 18, 2024 1:23pm | Edited 2:04pm
Usdx dive deep into the demand ,over last support still to go though, 20 min past , no strong bounce yet !
So reacting usdx at last , so o good bounce likely next to and above 103 +
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #838,615
  • Sep 18, 2024 1:24pm Sep 18, 2024 1:24pm
All longs banked
Master your mind. Master Trading.
  • #838,616
  • Sep 18, 2024 1:25pm Sep 18, 2024 1:25pm
Quoting Abeylyn
{quote} You really tried man. Your first call at 3216 and Takeprofit 3250 is borne out of exceptional experience. It's more about risk management. I waited to buy @ 1.3200 and deducted the stoploss immediately from my profit... Target 1.3310/1.3390.
Good profit you made. I was sure it was a buy when I made that trade but somehow got into a stupid game. Live to fight another day.
  • #838,617
  • Sep 18, 2024 1:27pm Sep 18, 2024 1:27pm
SL at 13230 (b/e + 3) TP set for 13380 however that is adjustable
Insane in the Brain..
  • #838,618
  • Sep 18, 2024 1:29pm Sep 18, 2024 1:29pm
Quoting Mitiblotch
{quote} But ECB cut and EU rallied
So are you telling me despite BoE cut rate, GU could still hit the moon?

Should I start buy at early Asian session without any confirmation?
With courage, patience, and discipline, success is a matter of time.
  • #838,619
  • Sep 18, 2024 1:29pm Sep 18, 2024 1:29pm
...on the dly t/f the prev sw hi zone that begins @ 3238 = pot rbs is wide.

More Boe/mpc type fireworks tomorrow or a non-event? We'll see.

dly below
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Trader with an Edge.
  • #838,620
  • Sep 18, 2024 1:37pm Sep 18, 2024 1:37pm
Quoting W0lfram
{quote} +50 Good enough Will add again if it rises tomorrow
+sell 1.3285
Air force
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