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Cable Update (GBPUSD)

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  • Post #709,521
  • Quote
  • Nov 27, 2022 3:18am Nov 27, 2022 3:18am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Gbpusd remains in an uptrend for the week
 
 
  • Post #709,522
  • Quote
  • Edited 7:02am Nov 27, 2022 3:59am | Edited 7:02am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,990 Posts | Online Now
Quoting Robinhood1
Disliked
{quote} BTC is going up. Gold is going down, maybe finding resistence magenta line. I may be wrong. Cadjpy, i agree with you at this moment. Notice how different casdjpy charts we both have. 99% of retailers are shooting with fake scope, either you or me and big traders use real charts. Non mt4/5 brokers claim that around 80% accounts are wiped out. I say 100% and non mt4/5 brokers claim 55% accounts are wiped out. I beleive the non. Thanks for the blessing. {image}{image}
Ignored
This is what happens when you beat A-book Algo at a mt4/5 provider, which i did. Friday 2:15 pm my time, just before news. Disconnected for 45 minutes without help line, no response while my internet conection was good. It did not affect my positions as i was placed in the right direction. BTW, i was warned by a FF member early same morning subliminally as if being disconnected for a long time was normal, still, he did not convince me being it a normal thing. You will know to be on A-book if your trades lack of a serial number on the chart.
gbpjpy green dots is the price locking by ALgo. I beat
And this is the Sunday entertainment guys.
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Nikola Tesla 6 & 9
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  • Post #709,523
  • Quote
  • Nov 27, 2022 4:03am Nov 27, 2022 4:03am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,990 Posts | Online Now
Quoting Robinhood1
Disliked
{quote} This is what happens when you beat A-book Algo at a mt4/5 provider, which i did. Friday 2:15 pm my time, just before news. Disconnected for 45 minutes without help line, no response. It did not affect my positions as i was placed in the right direction. BTW, i was warned by a FF member subliminally as if being disconnected for a long time was normal, still, he did not convince me being it a normal thing. You will know to be on A-book if your trades lack of a serial number on the chart. gbpjpy blue dot is the price locking by ALgo. I beat...
Ignored
I am replacing this as time was not shown
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Nikola Tesla 6 & 9
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  • Post #709,524
  • Quote
  • Nov 27, 2022 5:03am Nov 27, 2022 5:03am
  •  Robinhood1
  • Joined Dec 2011 | Status: Postmaster | 9,990 Posts | Online Now
Quoting Robinhood1
Disliked
{quote} I am replacing this as time was not shown {image}
Ignored
My solution is coming out of the mt4/5 circuit scam but still need a bit of time. By doing this, we will both avoid interest conflicts.
Nikola Tesla 6 & 9
 
 
  • Post #709,525
  • Quote
  • Nov 27, 2022 5:14am Nov 27, 2022 5:14am
  •  LvMMT
  • Joined Aug 2019 | Status: Member | 2,235 Posts
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when you see this...
... when Thursday is Bank Holiday... and you have no news on Friday...

you have to trade with a range strategy....

or if you don't know what's going on....take a break and go to other activities....

develop an algorithm more powerful than theirs...or an algorithm like theirs...
their algorithm is also developed by humans...

so it is possible..

change broker...

but first see if something is wrong inside you...recent events...maybe someone close...who has problems...

if all brokers knew how to trade... you wouldn't see so many scams...

they invent policies...and change them along the way...of course...

just to take the money without putting in any work to learn what is really happening...

it's easier to make a false advertisement... and to attract innocent people... who know that they are brainwashed... towards fear...

those who do not live by love...are condemned to a life of fear....

from school does this to them...deliberately...

I don't follow the news... it's a way to move funds from one side to another...
but when the banks have a holiday...be careful what you do....

I hope it helps someone...

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
 
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  • Post #709,526
  • Quote
  • Edited 10:07am Nov 27, 2022 7:31am | Edited 10:07am
  •  Bella.al
  • Joined Oct 2022 | Status: Girl of Steel | 467 Posts | Online Now
Review last week.
I am looking at my Charts after Friday's closed and after some upgrades to "Bella's Blue " now at Bella's Blue v1.2.

This weekend Me and Mr.WD Gann sat together and came to some agreement about trading the markets.. ( some things needs to be changed / added/updated as long a 'Bella's Blue is not Disturbed') . I just finished last of the "must to check out books" Author = Mikula , who has written a book about Gann Square of 9. i will add this to my profile in about section.

I added some more features as i had some list of features which needed to be added. I did some major update with my stop-loss last week , i kept the strategy as it is while set the stoploss to only 24 pips (static). It was a hard week but due to risk/reward i was able to close the week in green and fairly well after hitting that +180 pips trade .Weekly Gain ( 105+ pips )..

Current Market Analysis and Bella's Blue.
The Friday's Close was kind of a small range day . I have marked Thursday's High 1.21526 24.11.2022 as possible short term top and the bottom in relation to this top is on Thursday 17.11.2022 with a low of 1.17621. On the charts i also have a major resistance which i will follow, currently at 1.21179 lvl.
A Possible Short Setup in Development . If my indications turns short i will not hesitate to short this market with of course 24 pips sl and due to my order trailing nature my objectives are > 200 Pips. Additionally there will be new upcoming pivots from weekly to daily that is fresh data.

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Goddess of Thunder..
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  • Post #709,527
  • Quote
  • Nov 27, 2022 7:40am Nov 27, 2022 7:40am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,837 Posts
Quoting Bella.al
Disliked
{quote} I just wanted to add some description about the trading journal above My Trading Journal at “Cable Update Thread” , Account Size and Lot Amount . My Starting trading account size was 5025 USD and my current static lot amount size is 0.10. This account is given to me by my parents as a gift to prove my self i can be a forex trader. I am doing LIVE trading since 29.09.2022 and the account is at 5955 USD as of 25.11.2022. I started running a LIVE journal using S/L and T/P since two weeks at “Cable Update Thread” Performance Link: https://www.forexfactory.com/thread/...6#post14234236...
Ignored
well done, just remember, do not get over confident and u can always be one trade away to get the opposite result..U got This!!

 
2
  • Post #709,528
  • Quote
  • Nov 27, 2022 9:36am Nov 27, 2022 9:36am
  •  AndAnd
  • | Joined Oct 2021 | Status: Member | 105 Posts
I suppose after weekend pound will have a fall gap. But as for me, it's bullish movement still.
 
 
  • Post #709,529
  • Quote
  • Nov 27, 2022 11:10am Nov 27, 2022 11:10am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,967 Posts
Weekend gap is very minimal this weekend. Could be a combination of US holidays on Thursday and a quiet Friday.
 
 
  • Post #709,530
  • Quote
  • Nov 27, 2022 11:12am Nov 27, 2022 11:12am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Pound if I am correct should reach levels close to 1.23 before it corrects again downwards.
 
 
  • Post #709,531
  • Quote
  • Nov 27, 2022 11:26am Nov 27, 2022 11:26am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Cadjpy should continue down, since still remains in a down trend
 
 
  • Post #709,532
  • Quote
  • Nov 27, 2022 11:41am Nov 27, 2022 11:41am
  •  pipcenturion
  • Joined May 2013 | Status: Member | 1,405 Posts
Quoting AndAnd
Disliked
I suppose after weekend pound will have a fall gap. But as for me, it's bullish movement still.
Ignored
I am also expecting a gap on GU.
 
1
  • Post #709,533
  • Quote
  • Nov 27, 2022 12:27pm Nov 27, 2022 12:27pm
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,689 Posts
Quoting BeeTogether
Disliked
Weekend gap is very minimal this weekend. Could be a combination of US holidays on Thursday and a quiet Friday.
Ignored
CyberMonday tomorrow!
It may gap closer to the open.
Stubborn, often slow but still learning!
 
1
  • Post #709,534
  • Quote
  • Nov 27, 2022 12:54pm Nov 27, 2022 12:54pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,967 Posts
Quoting dantpm
Disliked
{quote} CyberMonday tomorrow! It may gap closer to the open.
Ignored
Cyber Monday? Bloody hell more shopping lol
 
3
  • Post #709,535
  • Quote
  • Nov 27, 2022 1:39pm Nov 27, 2022 1:39pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,519 Posts | Online Now
Mid term trade idea.
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Insolvent
 
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  • Post #709,536
  • Quote
  • Nov 27, 2022 4:21pm Nov 27, 2022 4:21pm
  •  knkie
  • Joined Apr 2012 | Status: Member | 5,857 Posts
Quoting BeeTogether
Disliked
{quote} Cyber Monday? Bloody hell more shopping lol
Ignored
GER-SPA 1-1
So GBPUSD goes up
in wondering about yourself, you forgot what you came here to be part of
 
1
  • Post #709,537
  • Quote
  • Nov 27, 2022 4:23pm Nov 27, 2022 4:23pm
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 7,355 Posts
GBPUSD price action on the daily time frame made a bullish retest of the 1.20080/1.22480 horizontal resistance zone (purple) and turned sideways within it. Recent technical prints favour further northward move.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
 
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  • Post #709,538
  • Quote
  • Nov 27, 2022 4:55pm Nov 27, 2022 4:55pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,967 Posts
Gap was very minimal I see a move above 121
 
1
  • Post #709,539
  • Quote
  • Nov 27, 2022 4:55pm Nov 27, 2022 4:55pm
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,689 Posts
Quoting BeeTogether
Disliked
{quote} Cyber Monday? Bloody hell more shopping lol
Ignored
Quite recently I heard that US manufacturers and retailers plan to breakeven between Jan 1st and BlackFriday. Between BlackFriday and Dec 31st they determine their profitability for the year.
Stubborn, often slow but still learning!
 
1
  • Post #709,540
  • Quote
  • Nov 27, 2022 5:20pm Nov 27, 2022 5:20pm
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 1,689 Posts
Quoting BeeTogether
Disliked
Gap was very minimal I see a move above 121
Ignored
Or is this going to be one of those days where MM's milk small investors?
Stubborn, often slow but still learning!
 
 
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