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Reverso replied Sep 16, 2022Entered Short at 1.13940, SL 1.14308, TP 1.13387 Entry trigger based on closing below lower key level, we also lost the generational lows, shortly after I entered the position, market dumped hard achieving over 60% of TP right now. DUMP IT. The ...
Cable Update (GBPUSD)
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Reverso replied Sep 15, 2022Woops SL hit, a price to pay for getting into 2nd trade and not strictly only take system trades. While still ending the day with net positive, the week is still sh1t, that's 2 weeks of sh1t in a row with no meaningful profit. Hopefully today Friday ...
Cable Update (GBPUSD)
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Reverso replied Sep 15, 2022As Robinhood mentioned, Pat SOROS Chiko is trading against you.
Cable Update (GBPUSD)
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Reverso replied Sep 15, 2022Lord Miti, will my Long get TP? Price now is like bull bear bull bear bull bear, eventually 1 side needs to win. It's like watching paint dry now, I'm heading to sleep.
Cable Update (GBPUSD)
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Reverso replied Sep 15, 2022Entered Long based on the many bounces obvious enough for me to draw a support zone, it happens to be near the generational bottom as well, I think it is a good buy regardless of following my system or not, it is too obvious, I'd still be positive ...
Cable Update (GBPUSD)
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Reverso replied Sep 15, 2022TP hit, a much needed relief after a few SL in the past. A TP a day, your bank calls you to ask about your day.
Cable Update (GBPUSD)
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Reverso replied Sep 15, 2022No trade yesterday, but it was a no brainer Long trade after a long drawn out retracement, I missed it, it's ok, took it as a learning. Entered Short just now at 1.15209, SL 1.15400, TP 1.14923. Trigger based on rejected off daily pivot and upper ...
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022Suckz, hit SL. There is a possibility the price stays below daily pivot when london opens, but then the generational bottom is near down there. Follow direction of daily pivot and Short it? Or Long the reversal at the generational bottom? Tough ...
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022A reasonable retrace and formed bullish engulfing structure detected, entered Long. Entry 1.15646, SL 1.15300, TP 1.16166
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022The down move is just unstoppable, but the more it continues, the more obvious the retrace will be when it happens, giving easy TP. I wouldn't buy just yet, I am waiting for at least a bullish engulfing formation.
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022Monster candle like this, most likely will have a retrace, I will try to catch that once the structure is giving confirmations.
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022Wow what a huge drop, instantly hit my SL with some slippage.
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Reverso replied Sep 13, 2022Wow another slow day, only 1 big candle due to GBP Claimant news then resumed sideways immediately. I guess action only comes after the USD high impact news later in about 2 hours?
Cable Update (GBPUSD)
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Reverso replied Sep 13, 20221.17428 is the upper key level which might serve as a little resistance but not much of a deal if we want to move up. But to go down, we have 2 support zones down there, 1 of the support zones even coincides with today's daily pivot. Odds are in ...
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022Despite after that big green candle the price immediately got beaten down again, after London opened the price resumed upward nicely. Daily pivot remained below price, supporting bullish bias, the retrace after that big green candle after GBP ...
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022Bro you put my thoughts into proper words, that's what I think news do too. Direction is already pre-determined, news just aid it to reach it faster.
Cable Update (GBPUSD)
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Reverso replied Sep 13, 2022Finally, some meaningful action to the upside, bringing me to the much needed profit zone, breaking the resistance zone I drew along the way. Confidence increased that this will TP. It's thanks to the GBP Claimant news, but I wonder why it is not a ...
Cable Update (GBPUSD)
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Reverso replied Sep 12, 2022Ongoing Long failed to make any meaningful highs, but failed to go low enough to hit my SL too. When I see prices keep reacting around an area and unable to break through, I will draw a resistance zone at that area. When London Opens, my options are ...
Cable Update (GBPUSD)