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Cable Update (GBPUSD)

  • #875,161
  • Jun 16, 7:48am (7 hr ago) Jun 16, 7:48am (7 hr ago)
Quoting Gbpusdfreakk
{quote} We seem to be on the same page on every singe trade gang TS crazy hahahah iswtg the market is just playing with us atp. Good luck to you and everyone else stay motivated stay focused we will make it !!
hahaha indeed, kinda scary you know. Hope our initial trade goes smooth if you still have it running!
  • #875,162
  • Jun 16, 7:51am (7 hr ago) Jun 16, 7:51am (7 hr ago)
Quoting Olu
{quote} AK I was looking for a short too. Opened one too without success. This market has changed - directionless + tight ranges
Yes, it's a total mess. Looking at it from an hourly and 4 hourly perspective, we can assume this will be the case for the entire day if not tomorrow aswell. I hate holding my trades for so long, specially on forex with the props I'm trading the swaps drown me.

My TP on the short hit since I entered at the first 15m BOS for a 12ish pip trade targeting the previous LV filling according the DXY's hourly chart. IT JUST hit the TP and has been on a reversal since.

Hope you find a better trade today gang!
  • #875,163
  • Jun 16, 7:54am (7 hr ago) Jun 16, 7:54am (7 hr ago)
Quoting AK.47
{quote} Yes, it's a total mess. Looking at it from an hourly and 4 hourly perspective, we can assume this will be the case for the entire day if not tomorrow aswell. I hate holding my trades for so long, specially on forex with the props I'm trading the swaps drown me. My TP on the short hit since I entered at the first 15m BOS for a 12ish pip trade targeting the previous LV filling according the DXY's hourly chart. IT JUST hit the TP and has been on a reversal since. Hope you find a better trade today gang!
99.68 level on DXY which translated to about 1.3409 on GU. Now we're back in this stupid period of HTF consolidation and LTF multiple Breaks of Structures with massive wicks.
  • #875,164
  • Jun 16, 8:06am (7 hr ago) Jun 16, 8:06am (7 hr ago)
Quoting Olu
{quote} AK I was looking for a short too. Opened one too without success. This market has changed - directionless + tight ranges
Lol bro the spread cooked me I hit BE on the short trade that I took
  • #875,165
  • Jun 16, 8:07am (7 hr ago) Jun 16, 8:07am (7 hr ago)
Quoting AK.47
{quote} 99.68 level on DXY which translated to about 1.3409 on GU. Now we're back in this stupid period of HTF consolidation and LTF multiple Breaks of Structures with massive wicks.
I moved my SL to BE and the spread cooked me bro crazy smh market is going crazy
  • #875,166
  • Jun 16, 8:59am (6 hr ago) Jun 16, 8:59am (6 hr ago)
Quoting Gbpusdfreakk
{quote} Lol bro the spread cooked me I hit BE on the short trade that I took
BE is still better than loss
  • #875,167
  • Jun 16, 8:59am (6 hr ago) Jun 16, 8:59am (6 hr ago)
Quoting Gbpusdfreakk
{quote} I moved my SL to BE and the spread cooked me bro crazy smh market is going crazy
It is man, I'm expecting that stupid period of consolidation we've been seeing for ages again.
  • #875,168
  • Jun 16, 9:49am (5 hr ago) Jun 16, 9:49am (5 hr ago)
Bull run to stop loss less goooooooo
  • #875,169
  • Jun 16, 9:49am (5 hr ago) Jun 16, 9:49am (5 hr ago)
Quoting AK.47
{quote} It is man, I'm expecting that stupid period of consolidation we've been seeing for ages again.
True bro im also carefully watching the market right now waiting for that consolidation to be over, im expecting tomorrow's news to have a big impact as well. For now we have to play the waiting game
  • #875,170
  • Last Post: Jun 16, 10:56am (4 hr ago) Jun 16, 10:56am (4 hr ago)
Quoting Gbpusdfreakk
{quote} This is a great point here, I also agree with you here, im looking to enter long around 1.3409 with my 1st TP being 1.3460 but I can be wrong on my analysis as it happens. I wish you all an amazing day. STAY POSITIVE, KEEP GRINDING !!
Our original analysis was right!
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