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Cable Update (GBPUSD)

  • #838,661
  • Sep 18, 2024 3:26pm Sep 18, 2024 3:26pm
Quoting BeeTogether
{quote} also remember BoE not gonna reduce rates either so there will be an initial spike up too. If the comments after are a maybe next time then it may just be a spike before settling
yes this is great for bulls they are expected to hold but let’s hope for no dovish surprise idk if they will follow the their US counter parts but if not gu and eu will have no ceiling to the top crossing fingers
Master your mind. Master Trading.
  • #838,662
  • Sep 18, 2024 3:26pm Sep 18, 2024 3:26pm
Quoting Waveskierrob
{quote} Closed LONGS, now for me SHORTS...
You are so real for this man! Congrats, very good call!
You have to have an IQ higher than 90 to interact with this user.
  • #838,663
  • Sep 18, 2024 3:28pm Sep 18, 2024 3:28pm
Quoting Mitiblotch
{quote} That's right. The only problem is that area where they can buy again van stretch all the way down to 3085 and even lower if they want. That's the uncertainty.
What happens in C happens in the move up, it is just shown as a straight line in the picture

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Follow The Markets Structure - Patience and Discipline
  • #838,664
  • Sep 18, 2024 3:34pm Sep 18, 2024 3:34pm
Quoting BeeTogether
{quote} also remember BoE not gonna reduce rates either so there will be an initial spike up too. If the comments after are a maybe next time then it may just be a spike before settling
Critical question is to identify the Takeprofit level that can accommodate the spike..... Where do u think is appropriate ?
Market Structure is the King.....
  • #838,665
  • Sep 18, 2024 3:37pm Sep 18, 2024 3:37pm
Quoting Abeylyn
{quote} Critical question is to identify the Takeprofit level that can accommodate the spike..... Where do u think is appropriate ?
I always get this wrong.. so today I should have taken profit near the top but waited for the conference which wasn’t dovish at all hence we saw over a 100 pip drop from the highs.
Insane in the Brain..
  • #838,666
  • Sep 18, 2024 3:39pm Sep 18, 2024 3:39pm
USDCAD clear liquidity run. Obvious buy PA.
  • #838,667
  • Sep 18, 2024 3:44pm Sep 18, 2024 3:44pm
Buy USDCAD here at 1.3609
  • #838,668
  • Sep 18, 2024 3:45pm Sep 18, 2024 3:45pm
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yes yes yes
  • #838,669
  • Sep 18, 2024 3:45pm Sep 18, 2024 3:45pm
Quoting vankiepsauff
swing short at 1.3157 , 20 lots
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Master your mind. Master Trading.
  • #838,670
  • Sep 18, 2024 3:47pm Sep 18, 2024 3:47pm
Quoting BeeTogether
{quote} I always get this wrong.. so today I should have taken profit near the top but waited for the conference which wasn’t dovish at all hence we saw over a 100 pip drop from the highs.
So sad I missed it aswell. Just with 11 pips difference... Hence the need to figure out a better way.
Market Structure is the King.....
  • #838,671
  • Sep 18, 2024 3:49pm Sep 18, 2024 3:49pm
Quoting KareemAliFx
Another buy {image}
right off to a good start , moving sl to break even after market close as spreads will widen now . What a hell of great trading day !
Master your mind. Master Trading.
  • #838,672
  • Sep 18, 2024 3:49pm Sep 18, 2024 3:49pm
Quoting KareemAliFx
{quote} {image}
It was a suicide mission. I dare not move closer.
Market Structure is the King.....
  • #838,673
  • Sep 18, 2024 3:56pm Sep 18, 2024 3:56pm
Actually closing longs and taking the quick profit I see a quick change in order flow lookin kinda bearish out for now
Master your mind. Master Trading.
  • #838,674
  • Sep 18, 2024 4:36pm Sep 18, 2024 4:36pm
Quoting KareemAliFx
{quote} {image}
Maybe he has acc with 2M Eur. He can handle 20 lot position.
Chill.
  • #838,675
  • Sep 18, 2024 4:49pm Sep 18, 2024 4:49pm
Quoting genadi
{quote} Maybe he has acc with 2M Eur. He can handle 20 lot position. Chill.
no chilling bro I’m laughing and enjoying my self ! Don’t like it? Feel free to ignore !
Master your mind. Master Trading.
  • #838,676
  • Sep 18, 2024 4:51pm Sep 18, 2024 4:51pm
ah who am I kidding ! I’ll just ignore you anyway !
Master your mind. Master Trading.
  • #838,677
  • Sep 18, 2024 6:10pm Sep 18, 2024 6:10pm
https://think.ing.com/articles/bank-...ts-are-coming/
Insane in the Brain..
  • #838,678
  • Sep 18, 2024 6:50pm Sep 18, 2024 6:50pm
Triple Witch Friday US time. Up traffic on indices likely Thursday and half of Friday followed by rapid sell. Effect on currencies, unknown.
  • #838,679
  • Sep 18, 2024 7:26pm Sep 18, 2024 7:26pm
Ya just gotta short it
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Master your mind. Master Trading.
  • #838,680
  • Sep 18, 2024 7:51pm Sep 18, 2024 7:51pm
USD is king !
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Master your mind. Master Trading.
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