Price is now +30 pips above Dec monthly open 1.2052 . Price is Retesting old Trendline. Daily: image 1 Hour: image

Cable Update (GBPUSD)

I made $500 (+2.5%) scalping, but I actually had to give back $300 before that, should have stopped at $800 (+4%), pure greed. No more trading this year for me. image

Cable Update (GBPUSD)

I don't know Trendline won't hold. It was my trading plan for Wednesday. The price did not break 1.2052 Dec Open. Yesterdays Low 1.2054

Cable Update (GBPUSD)

Todays Low 1.2054 December Open 1.2052 So that may be why it didn't go lower today.

Cable Update (GBPUSD)

The breakout down, was disappointing, expected at least 60 pips more...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

I think the news at 1500GMT (24mins) will have no tricks, it will shoot down.

Cable Update (GBPUSD)

My Trading Plan for Tomorrow: My View is Strong Sell GBPUSD, Sell Ranges, B4 the news (1500GMT USA Consumer Sentiment). If I see a Strong Daily UP candle Wednesday (close above 20 MA), I will buy YOLO Lot Size, If that doesn't work (I won't be ...

Cable Update (GBPUSD)

I think GU falls 200pips tomorrow on news and ranges today.

Cable Update (GBPUSD)

The nights (asian session ) plan nearly worked out only 0.5pips from TP. Should have set more easier TP. Buy trade (-1.06%) Loss image

Cable Update (GBPUSD)

Yes thank you for your analysis of my post, I realized on those dates 4th and 10th November 2022, when price rejected the Daily 20 SMA, one was Non Farms, the other was due to CPI. But today there is no news.

Cable Update (GBPUSD)

No impactful news for the GU pair until Wednesday: image

Cable Update (GBPUSD)

Disclaimer: I Lost 0.6% today already, So I am trading on emotion probably. My Sells I put on at the open, hit their SL. I am Long, scroll up, to see my previous post explanation. image

Cable Update (GBPUSD)

Going Long until 1.2115 : 1) Last 2 time price closed below the Daily 20 SMA, the next day was an uptrend and continued to trend for weeks : image 2) H1 Chart break of green line, just been ejected by Doji : image

Cable Update (GBPUSD)

Everyone got margin called yesterday.

Cable Update (GBPUSD)

Up trend is officially over (for me), if it even touches Weekly Support Pivot (S1) 1.2133. See Below: image

Cable Update (GBPUSD)

I was long until 1.2234, I did not want to accept it, I was supposed to get out at 1.2360. I took some Sell scalps (with higher lots) to reduce my Loss. -1.07% Loss today MyFF $20K image

Cable Update (GBPUSD)

Resistance becomes Support, I'm hopeful. Long at 1.2312 SL 100 pips, image

Cable Update (GBPUSD)

Gap Fill from CPI Tuesday 13th Dec (now my Oanda Data feed shows no Gap, but MY FF does ). image

Cable Update (GBPUSD)

Out of my Longs, I'll probably regret it, maybe it is trending b4 FOMC. Maybe FOMC won't stop hunt down? Anyway I added 1% to my Account $200, good as I was not going to trade after a good day yesterday. image

Cable Update (GBPUSD)