Cable Update (GBPUSD)

where is your minimum TP?

What I can say friend is that you set a take profit of 10 to 50 pips. I always look to move my stops with maximal gains irrespective of direction and lock in for longer term.
Cheers

my understanding is that you move stop loss in the direction of the trade
Interesting…So… you make profit only by stop loss hit?

Yes. I cannot time direction, but what I can do is make every good entry count and the market has no control over that. Think about it

ty

5' --- It might go higher... I know.... But, I T. my Prfts here, NOW.

The MM is very clever, they won't leave that high untested.

Are u saying you are shorting gu eu and au?

are u saying u are shorting all pairs of usd

Yes.

Taking 95p profit on risk shorts.

GBPJPY in asian session interpreting Daily S1 as target. Long to daily PP

For me, GU target is 3480.

Target reached. Interpretation and perception of value rules the markets. After the first 3 hours of pushing down, Asian session interpreted daily S1 as target to close sells and enter buyers. Buyers and sellers agreed that the perception of value was a price at higher prices. With this understanding it is very difficult to for the market to move against you when both buyers and sellers are on your side. Break above Daily PP may take this even higher.

I typically look for trades after 3 hours into the session because during those hours is typically when the big boys with the highest volume make their move and after those hours is when they start looking for targets to close their trades causing price to reverse and other institutions trade in the direction the reversal. Do you want to be short when the big boys are closing their shorts? No.

Here's my view on the DXY_H1. We know the risk gap lower remains open, so timing risk shorts will be my focus as we head into the N/A session.

SMA200 on the M15 chart comes in @98.75, so DXY running for the H1 pivot @98.59 very likely. At the same time, SMA200 on M30 chart for GU is 1.3420, I think GU won't get past that price level.

DXY running down but u are shorting GU?

I think you missed this.

Sorry apology i dont really understand this. U are not in position anymore?
Since u taken profit?

Middle East Tensions & US Data: A Make-or-Break Day for the Pound!
The GBP/USD is under significant pressure this Wednesday, currently hovering near the 1.3310 mark. As the US-Israel vs. Iran conflict intensifies, the US Dollar is attracting massive safe-haven flows, pushing the Sterling to its lowest levels since December.

The real test comes later today with two major US releases: the ADP Private Employment report (Forecast: 49K) and the ISM Services PMI. If the US data shows continued economic resilience despite global chaos, the Pound could break the 1.3300 psychological floor. However, watch for a potential "short squeeze" if the data misses expectations, which could see a fast recovery toward the 1.3450 resistance.

Market sentiment is fragile—manage your risk carefully and keep an eye on the news wires!
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ভূ-রাজনৈতিক উত্তেজনা ও ইউএস ডাটা: পাউন্ডের জন্য আজ কঠিন পরীক্ষা!
আজ বুধবার, 'ক্যাবল' (GBP/USD) বেশ চাপের মুখে রয়েছে এবং বর্তমানে এটি ১.৩৩১০ লেভেলের আশেপাশে ট্রেড করছে। মধ্যপ্রাচ্যে মার্কিন-ইসরায়েল বনাম ইরান সংঘাত তীব্র হওয়ায় বিনিয়োগকারীরা নিরাপদ আশ্রয় হিসেবে ডলারের দিকে ঝুঁকছেন, যার ফলে পাউন্ড গত তিন মাসের মধ্যে সর্বনিম্ন অবস্থানে নেমে গেছে।

আজ বিকেলে আমাদের নজর থাকবে দুটি বড় মার্কিন রিপোর্টের দিকে: ADP Private Employment এবং ISM Services PMI। যদি মার্কিন অর্থনীতি শক্তিশালী হওয়ার সংকেত দেয়, তবে পাউন্ড ১.৩৩০০-এর গুরুত্বপূর্ণ সাপোর্ট লেভেলটি ভেঙে আরও নিচে নেমে যেতে পারে। তবে ডাটা যদি প্রত্যাশার চেয়ে খারাপ আসে, তবে আমরা ১.৩৪৫০ লেভেলের দিকে একটি দ্রুত রিকভারি দেখতে পারি।
মার্কেট বর্তমানে অত্যন্ত সংবেদনশীল, তাই স্টপ-লস ব্যবহারে কোনো অবহেলা করবেন না!