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Cable Update (GBPUSD)

  • #499,021
  • Oct 17, 2019 3:17pm Oct 17, 2019 3:17pm
Though its very risk to trade. We can see the rising wedge and a MACD divergence at H4 level.
Attached Image (click to enlarge)
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  • #499,022
  • Oct 17, 2019 3:20pm Oct 17, 2019 3:20pm
Quoting MXT
{quote} haha , not picky just curious as to whether you had any secret FF Alexa web traffic data kind of stuff ahahahh so you pulled an all nighter naughty boy
Don't Leave Money on the Table
  • #499,023
  • Oct 17, 2019 3:24pm Oct 17, 2019 3:24pm
Quoting HaLBot
{quote} Being picky heh Yes this thread, it's 7am here in the land of OZ, up most of the night but stoked

Lol i remember once when trading was exciting and I would stay up all night .. i just try and trade London open 1.5 hours and us open 2.5 hours now
Blogging daily now at www.volume.zone
  • #499,024
  • Oct 17, 2019 3:25pm Oct 17, 2019 3:25pm
Quoting HaLBot
Stellar 4 days, just on 100% gain in 4 days, loving trading now but February this year when I last traded things were a disaster. Often you see/hear stories of traders who blow account after account( way more than I ever lost ) then go on to become the best traders, so there's hope for anyone no matter what your losses have been in the past Also this forum has just about...
good to hear. There is hope for me yet then 😂
Blogging daily now at www.volume.zone
  • #499,025
  • Oct 17, 2019 3:35pm Oct 17, 2019 3:35pm
  • #499,026
  • Oct 17, 2019 3:43pm Oct 17, 2019 3:43pm
Quoting malcolmb14
{quote} good to hear. There is hope for me yet then
Yes one day you'll be able to trade as bad as I do
Don't Leave Money on the Table
  • #499,027
  • Oct 17, 2019 3:46pm Oct 17, 2019 3:46pm
Quoting HaLBot
Stellar 4 days, just on 100% gain in 4 days, loving trading now but February this year when I last traded things were a disaster. Often you see/hear stories of traders who blow account after account( way more than I ever lost ) then go on to become the best traders, so there's hope for anyone no matter what your losses have been in the past Also this forum has just about...
Happy for you man, but i am just one of the guys providing liquidity at this stage, feels like I can never get the trend right though lol, struggling to tell when the trend is actually ending lol. Staying out of GU for now, the whipsaw was simply too much for me. I hope Brexit gets done and GU goes back to normal in Nov...
  • #499,028
  • Oct 17, 2019 4:01pm Oct 17, 2019 4:01pm
Quoting Han2019
{quote} Happy for you man, but i am just one of the guys providing liquidity at this stage, feels like I can never get the trend right though lol, how do you guys tell when the trend is actually ending??
One of the other guys here would give you a better answer than I could. Larger time frames are the key I think?
I'm an intraday trader, only sometimes holding for several days(usually when a pair is down LOL)
I tend to work of short & long term resistance, so during trading times there's points of S/R that go on for days and then those S/Rs will be revisited many times even years later.
It what's known as 'Smart Money' that moves the market, big institutions, you gotta realise it, accept and don't fight it and look at the reasons they are pushing a pair in a certain direction. You'll often see traders here having a bad time and railing against market manipulation, the more they complain and get pissed off the more they lose.
I've surfed and you soon learn there is no way to fight the ocean, the more you struggle the more exhausted you get...
Don't Leave Money on the Table
  • #499,029
  • Oct 17, 2019 5:19pm Oct 17, 2019 5:19pm
New day candle open but no doji
  • #499,030
  • Oct 17, 2019 5:19pm Oct 17, 2019 5:19pm
I just blew my account during the past 45 days. Here is my story for those who would like to hear it.
I started trading in 2015 on a fxpro demo account with 500:1 leverage. At this point, it was just for fun. After a lot of reading and learning, I switched to a real account in 2016. Then when I started college (University of St Andrews, UK), I stopped trading for about 2 and a half years as studying Computer Science took a lot of time.
Then for this summer, I decided to take my savings which were £1000 and to use if for business. However, as a tier 4 visa holder in the UK, all I could legally do was trade forex or work part-time jobs. It was illegal for me to launch a business.
so in July, I put £1000. at the beginning of September, I had 6k£ on the forex account and had withdrawn in addition about 2k. So let's say I had an amazing summer buying gold and selling cable.
The from September and on, I blew my account over selling cable when it rose and buying gold when it fell. I am now at 200 pounds on the account.
I am not discouraged and not planning on putting money in the account yet. With the studies and job interviews taking some of my time. I am now looking to regain confidence by slowly earning pips every day.
My logic now is that if I can grow those £200 to £1000, I will have regained enough confidence in my trading. I will try to post the trades I take in here so you guys can follow my journey to recovery!
I hope this message inspires people! All you guys have to remember that everything is okay!
there is no losing, only learning!
  • #499,031
  • Oct 17, 2019 5:21pm Oct 17, 2019 5:21pm
baby steps
Attached Image (click to enlarge)
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  • #499,032
  • Oct 17, 2019 6:07pm Oct 17, 2019 6:07pm
Quoting elbert3
New day candle open but no doji
Candle closes are important
Come with me if you want to live....
  • #499,033
  • Oct 17, 2019 6:12pm Oct 17, 2019 6:12pm
Quoting Ill-b-back
{quote} Candle closes are important
Very very important. The bearish bias is currently on during this Asian session from the break of 1.2876 support by the just closed H1 candle.
It is all about the foreign exchange market.
  • #499,034
  • Oct 17, 2019 6:30pm Oct 17, 2019 6:30pm
Quoting MamounDeb
I just blew my account during the past 45 days. Here is my story for those who would like to hear it. I started trading in 2015 on a fxpro demo account with 500:1 leverage. At this point, it was just for fun. After a lot of reading and learning, I switched to a real account in 2016. Then when I started college (University of St Andrews, UK), I stopped trading for about 2 and a half years as studying Computer Science took a lot of time. Then for this summer, I decided to take my savings which were £1000 and to use if for business. However, as a tier...

everyone have witness magincall ...dont give up, fund back or trade the 200GBP u will back up since trading is not your main work i am sure you will grow but as you grow always remember your risk and money management is the main key...All the best
MY OPINION NOT FINANCIAL ADVISE
  • #499,035
  • Oct 17, 2019 6:36pm Oct 17, 2019 6:36pm
and open
Quoting Ill-b-back
{quote} Candle closes are important
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-10-18 at 00.33.05.png Size: 167 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #499,036
  • Oct 17, 2019 6:56pm Oct 17, 2019 6:56pm
Quoting Bones
and open {quote} {image}
?
Come with me if you want to live....
  • #499,037
  • Oct 17, 2019 6:57pm Oct 17, 2019 6:57pm
Quoting Efelexy
{quote} Very very important. The bearish bias is currently on during this Asian session from the break of 1.2876 support by the just closed H1 candle.
Yeah I think it will go down a bit, but not much.
Come with me if you want to live....
  • #499,038
  • Oct 17, 2019 7:41pm Oct 17, 2019 7:41pm
Closing short.
  • #499,039
  • Oct 17, 2019 7:47pm Oct 17, 2019 7:47pm
how it close's like you say
then how it opens ,open is when you might take a trade

Quoting Ill-b-back
{quote} ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #499,040
  • Oct 17, 2019 8:50pm Oct 17, 2019 8:50pm
intraday setup for today, expecting a strong wave of profit taking / covering into weekend Parliament vote.
TL will most likely fail today.

https://www.tradingview.com/chart/GB...AK-150-POINTS/
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