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Cable Update (GBPUSD)

  • #875,521
  • Jul 2, 5:47am (3 hr ago) Jul 2, 5:47am (3 hr ago)
Quoting 3xtazzy
Is it a wise thing to keep a position if there will be news? Not feeling confident.
Are your stops in place?

Will your broker honour the stop loss?

News can happen at anytime. Not all news is scheduled, Mate.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #875,522
  • Jul 2, 5:52am (3 hr ago) Jul 2, 5:52am (3 hr ago)
Quoting AK.47
Aight boys, time to lock in your profits. Sell limit at 1.3353 with SL at 1.3363 TP at 1.3323
TP boutta hit. My neighbor's 2 year old also gonna get hit. But still my limit order didn't hit and no profits for me as of now
  • #875,523
  • Jul 2, 5:54am (3 hr ago) Jul 2, 5:54am (3 hr ago)
Quoting AK.47
{quote} TP boutta hit. My neighbor's 2 year old also gonna get hit. But still my limit order didn't hit and no profits for me as of now
Market's going to want to go towards 1.3275. That is if the NFP doesn't bumfuck the entire trend
  • #875,524
  • Jul 2, 6:27am (3 hr ago) Jul 2, 6:27am (3 hr ago)
  •  msqk
  • Joined Nov 2024 | Status: PATIENCE PAYS HANDSOMELY | 464 Posts | Online Now
Quoting msqk
{quote} .....@ 3222,unless otherwise 3400 is feasible.
...... NFP might do it.
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  • #875,525
  • Jul 2, 6:47am (2 hr 42 min ago) Jul 2, 6:47am (2 hr 42 min ago)
Quoting AK.47
Aight boys, time to lock in your profits. Sell limit at 1.3353 with SL at 1.3363 TP at 1.3323
TP hit fuck a clit
  • #875,526
  • Jul 2, 7:23am (2 hr 5 min ago) Jul 2, 7:23am (2 hr 5 min ago)
Quoting AK.47
{quote} Market's going to want to go towards 1.3275. That is if the NFP doesn't bumfuck the entire trend
Yup I would be half right with this analysis, Market's touched the Asia High and would then need a solid conclusive close down to target the 1.3275 level. But the Asia high was formed at about 1.3295-1.33 ( which is where we're at rn ). The NFP news in 10 minutes will instantly hit the 1.3275 level or instantly reverse dozens of pips away. So I'm not calling that as a solid TA.

Regardless, sometimes I wonder how I can see the market 40-50 bloody pips in advance and still not manage to take a trade. Then, I go onto lose on the trades I thought were great ( which they are but even you great setups won't result in a 60-70% WR let alone 100 ). 46 trades lost in 50 is fucking insane idk what the mathematical chances are that in an avg RR of a 1.5-1.75 RR trade setups.

I think I'll start journaling my trades live on Forex Factory, and specially on this thread. Seems to have worked so far and it will also hold me accountable.
  • #875,527
  • Jul 2, 7:27am (2 hr 1 min ago) Jul 2, 7:27am (2 hr 1 min ago)
Yep, market currently reacting to this area, my SL is already placed.
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  • #875,528
  • Jul 2, 7:29am (1 hr 59 min ago) Jul 2, 7:29am (1 hr 59 min ago)
Quoting 3xtazzy
Yep, market currently reacting to this area, my SL is already placed. {image}
Don't be too hasty mate, let's wait for the NFP at least
  • #875,529
  • Jul 2, 7:30am (1 hr 58 min ago) Jul 2, 7:30am (1 hr 58 min ago)
Quoting AK.47
{quote} Don't be too hasty mate, let's wait for the NFP at least
Because the market's BOUND to react to that area. It's not only a previous session's high but also acts as a resistance aight nvm I'm seeing ts break through my screen upwards so good shit on the trade but my point still holds if you care
  • #875,530
  • Jul 2, 7:37am (1 hr 51 min ago) Jul 2, 7:37am (1 hr 51 min ago)
Jobs below forecasted. Unemployment rate unchanged. Room for the Fed to be more dovish so dollar sells off! Can see us closing the gap around 3380-3390 today
  • #875,531
  • Jul 2, 7:38am (1 hr 50 min ago) Jul 2, 7:38am (1 hr 50 min ago)
Quoting Yngwie
sold 1.3360
Hit trailing SL for 60p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #875,532
  • Jul 2, 7:41am (1 hr 47 min ago) Jul 2, 7:41am (1 hr 47 min ago)
Sold 1.3380
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #875,533
  • Jul 2, 7:42am (1 hr 46 min ago) Jul 2, 7:42am (1 hr 46 min ago)
Quoting Yngwie
Sold 1.3380
mental
  • #875,534
  • Jul 2, 7:49am (1 hr 40 min ago) Jul 2, 7:49am (1 hr 40 min ago)
Price reacted to this point now, maybe too early to say. Will see.
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  • #875,535
  • Jul 2, 7:53am (1 hr 36 min ago) Jul 2, 7:53am (1 hr 36 min ago)
eu resistance at 1.1480, good for bounce at least
I only follow traders with IQ above 160
High leverage Bot All Time Return: 10,121.6% Gold/USD BTC/USD
  • #875,536
  • Jul 2, 7:55am (1 hr 33 min ago) Jul 2, 7:55am (1 hr 33 min ago)
Quoting AK.47
{quote} Because the market's BOUND to react to that area. It's not only a previous session's high but also acts as a resistance aight nvm I'm seeing ts break through my screen upwards so good shit on the trade but my point still holds if you care
I had the feel to close my short position for 45 pips, ended up having -1. As a human, I'm still greedy as f.
And I entered @1.337x. Tight SL as always with this risky move. The entry fit my criteria @0.79 fibo level after a big break of structure.
  • #875,537
  • Jul 2, 7:55am (1 hr 33 min ago) Jul 2, 7:55am (1 hr 33 min ago)
Quoting Zebi
{quote} im going to have to find nordling and tell him cause he'll find your banishment as funny as i do
getting drilled?? your predictions and analyses are absolutely pathetic. poor people who follow you...
I only follow traders with IQ above 160
High leverage Bot All Time Return: 10,121.6% Gold/USD BTC/USD
  • #875,538
  • Jul 2, 7:57am (1 hr 31 min ago) Jul 2, 7:57am (1 hr 31 min ago)
Quoting 3xtazzy
{quote} I had the feel to close my short position for 45 pips, ended up having -1. As a human, I'm still greedy as f.
Nah mate you KNOW what you're doing! Don't worry gang you got this, keep doing what you're doing and we keep refining and nit picking to get better
  • #875,539
  • Jul 2, 7:57am (1 hr 31 min ago) Jul 2, 7:57am (1 hr 31 min ago)
Quoting yngwie
sold 1.3380
yo he knows something we don't
  • #875,540
  • Jul 2, 7:58am (1 hr 30 min ago) Jul 2, 7:58am (1 hr 30 min ago)
  •  msqk
  • Joined Nov 2024 | Status: PATIENCE PAYS HANDSOMELY | 464 Posts | Online Now
Quoting msqk
{quote} ...... NFP might do it. {image}
....almost.
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