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Cable Update (GBPUSD)

  • #480,621
  • Jun 7, 2019 5:08pm Jun 7, 2019 5:08pm
Quoting Ill-b-back
Looks like bulls could have some more life in them Before the Big Bear Body Slam.... {image} {image} {image}
This upward move is similar to the initial moves it made in the first week of April and May before a crash Down. I still sense the price sliding towards 1.2560 before final take off to 1.3000 this June.
Data + Stat + Risk/Emotions Management
  • #480,622
  • Jun 8, 2019 1:40am Jun 8, 2019 1:40am
is it a cluster, too? False breakdown, but the candle closes higher before the correction ... So we are waiting for the exit from the cluster
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  • #480,623
  • Jun 8, 2019 1:40am Jun 8, 2019 1:40am
Quoting Marcieny
{quote} Daily chart...I'm not finding the right word in Portuguese..but I think "Gift" same in English
I think a better word you’re looking for is Talent
Don't trade what you think. Just what you see!!!
  • #480,624
  • Jun 8, 2019 2:40am Jun 8, 2019 2:40am
My 10 pence worth. I think this either going to chop about for next couple of days and go up or just come straight back down.
Don't trade what you think. Just what you see!!!
  • #480,625
  • Edited 5:03am Jun 8, 2019 3:54am | Edited 5:03am
Similar script ..one more push and down
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  • #480,626
  • Jun 8, 2019 4:11am Jun 8, 2019 4:11am
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #480,627
  • Edited 4:51am Jun 8, 2019 4:23am | Edited 4:51am
emotion is a high factor and a difficult balance because what will happen as an individual trader is your going to have to trade higher positions, or at least want to
if you have no emotion I take my hat off to you but I'm guessing the balance is skewed wrong often ,
For instance demos ok... but it reduces emotion and reality to 0
there are other elements in this balancing act
confidence in a set up can reduce emotion
Higher tf also
a great set up is the best way...but that's
not every day and there's a problem
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #480,628
  • Jun 8, 2019 4:45am Jun 8, 2019 4:45am
Quoting Theoak
{quote} I think a better word you’re looking for is Talent
I was referring to a blessing God gave me....Talent is also part of..
  • #480,629
  • Jun 8, 2019 4:59am Jun 8, 2019 4:59am
Quoting Bones
emotion is a high factor and a difficult balance because what will happen as an individual trader is your going to have to trade higher positions, or at least want to if you have no emotion I take my hat off to you but I'm guessing the balance is skewed wrong often , For instance demos ok... but it reduces emotion and reality to 0 there are other elements in this balancing act confidence in a set up can reduce emotion Higher tf also a great set up is the best way...but that's not every day and there's a problem
maybe I misunderstood you, but I meant that the reversal takes place according to one scenario, regardless of the time frame
  • #480,630
  • Jun 8, 2019 7:22am Jun 8, 2019 7:22am
Emotionless is non-existent. You are either not trading, trading demo, or lets say a millionaire that do not care if you claim that you trade without emotion. Or the other possibility, to be on some very heavy drugs that destroy your emotions and sensitivity. "Emotionless" is one of the things you should throw in the bin, people do not act without emotions, it is in the DNA, cant do anything about it.
  • #480,631
  • Edited 12:08pm Jun 8, 2019 7:43am | Edited 12:08pm
The only emotion that must be eliminated is fear..The others must be felt.. Joy, adrenaline, independent of these feelings aways keep focus..
There arises the fear of not knowing what you are doing,all negative feelings have to be eliminated...
Fear generates all other negative feelings.
  • #480,632
  • Jun 8, 2019 8:28am Jun 8, 2019 8:28am
gu w1+d1
the crook's made a false break again
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yes yes yes
  • #480,633
  • Jun 8, 2019 8:41am Jun 8, 2019 8:41am
To win (EGO). Evolution - Animals that could run faster, hunt better could fight better. Go on to breed these traits were then pasted on. A giraffe that had a longer neck could reach the higher fruit, so giraffes got longer necks. The desire to win is in our DNA for survival. Now this can be a disadvantage on forex. You must lose!!!!!!!!!!!!!You sometimes have to lose the battle to win the war -Theoak. And I have my signature Now!!!!
Don't trade what you think. Just what you see!!!
  • #480,634
  • Jun 8, 2019 11:01am Jun 8, 2019 11:01am
Quoting blackjacker
Emotionless is non-existent. You are either not trading, trading demo, or lets say a millionaire that do not care if you claim that you trade without emotion. Or the other possibility, to be on some very heavy drugs that destroy your emotions and sensitivity. "Emotionless" is one of the things you should throw in the bin, people do not act without emotions, it is in the DNA, cant do anything about it.
I have been trading on a demo for a long time and am learning to read the price. On live
account only a couple of weeks, until I even earned a little) I understood that learning goes on live faster))
I did not understand about psychology, the big players have their own game and I try to understand it
  • #480,635
  • Jun 8, 2019 11:06am Jun 8, 2019 11:06am
Quoting Marcieny
The only emotion that must be eliminated is fear..The rest must be felt.. Joy, adrenaline, independent of these feelings aways keep focus.. There arises the fear of not knowing what you are doing,all negative feelings have to be eliminated... Fear generates all other negative feelings.
so that there is no fear, you need to learn to read the price, as well? We are fooled by the same scenario)
  • #480,636
  • Jun 8, 2019 11:13am Jun 8, 2019 11:13am
Quoting mik2012
{quote} so that there is no fear, you need to learn to read the price, as well? We are fooled by the same scenario)
Yes.
  • #480,637
  • Jun 8, 2019 11:21am Jun 8, 2019 11:21am
Quoting Marcieny
{quote} Yes.
Wonderful beach! Amazing girl ..... in this crazy forex
  • #480,638
  • Jun 8, 2019 11:23am Jun 8, 2019 11:23am
Quoting mik2012
{quote} I have been trading on a demo for a long time and am learning to read the price. On live account only a couple of weeks, until I even earned a little) I understood that learning goes on live faster)) I did not understand about psychology, the big players have their own game and I try to understand it
I agree with you...in real account learning is faster.
  • #480,639
  • Jun 8, 2019 11:28am Jun 8, 2019 11:28am
Quoting mik2012
{quote} Wonderful beach! Amazing girl ..... in this crazy forex
to succeed ... one of the first things is to prove to you what you are capable of ... and you will prove it ... by showing you your results...showing for you!!!
it's everything between you and you...you and your mindset.
  • #480,640
  • Jun 8, 2019 12:15pm Jun 8, 2019 12:15pm
ema never lies
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yes yes yes
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