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Cable Update (GBPUSD)

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  • Post #515,621
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  • Apr 7, 2020 5:13am Apr 7, 2020 5:13am
  •  Almo2312
  • Joined Jul 2015 | Status: Guts&Glory | 2,751 Posts
Gu in fuck mode
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
 
1
  • Post #515,622
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  • Apr 7, 2020 5:15am Apr 7, 2020 5:15am
  •  akim0895
  • | Commercial Member | Joined Feb 2017 | 24,065 Posts
Quoting Almo2312
Disliked
Gu in fuck mode
Ignored
ha ha...
just for a cup of coffee...
 
 
  • Post #515,623
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  • Apr 7, 2020 5:15am Apr 7, 2020 5:15am
  •  Mattiabarso
  • | Joined Mar 2020 | Status: Member | 65 Posts
Quoting joesherwood
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planning on going long, tp 33
Ignored
me too
 
1
  • Post #515,624
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  • Apr 7, 2020 5:17am Apr 7, 2020 5:17am
  •  joesherwood
  • Joined Oct 2019 | Status: Member | 1,243 Posts
Quoting Almo2312
Disliked
Gu in fuck mode
Ignored

fuck all movement when im tryna get in then when i go long drops 20 pips the fuck!! haha, still holding
 
 
  • Post #515,625
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  • Apr 7, 2020 5:17am Apr 7, 2020 5:17am
  •  corongumet
  • Joined Dec 2018 | Status: Trading For Living | 1,460 Posts
Quoting Almo2312
Disliked
Gu in fuck mode
Ignored
hahha so keep calm
 
1
  • Post #515,626
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  • Apr 7, 2020 5:17am Apr 7, 2020 5:17am
  •  HaLBot
  • Joined Jan 2016 | Status: Member | 3,313 Posts
With my scalping strategy I usually set TP @ 15 or 16 pips but if price is aggressively heading my direction then I'll raise TP to next point of short term resistance.
I set it at 15/16 pips as Cable will easily move that much quickly

How many pips determines if a trade is a scalp? A mentor I'm learning from says he won't have scalpers trading his companies money and considers anything less than 30 pips a scalp...
 
 
  • Post #515,627
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  • Apr 7, 2020 5:21am Apr 7, 2020 5:21am
  •  joesherwood
  • Joined Oct 2019 | Status: Member | 1,243 Posts
Quoting HaLBot
Disliked
With my scalping strategy I usually set TP @ 15 or 16 pips but if price is aggressively heading my direction then I'll raise TP to next point of short term resistance. How many pips determines if a trade is a scalp? A mentor I'm learning from says he won't have scalpers trading his companies money and considers anything less than 30 pips a scalp...
Ignored

personally from someone who scalps daily, i dont say a pip count define a scalps, its time, get in get out, 1min, sometimes not even that, 5min is long for me to hold a trade, however these times with markets right now my scalps have turned to a day trade or a couple hours due to the volatility.. however to answer your question i think scalp is defined by time not pips, my usual aim is 5 pips, hover i get in the markets 30-40 times a day, not looking like that today though
 
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  • Post #515,628
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  • Apr 7, 2020 5:24am Apr 7, 2020 5:24am
  •  pippong
  • Joined Aug 2013 | Status: Member | 13 Posts
will be volatile because of the PM's condition
 
1
  • Post #515,629
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  • Apr 7, 2020 5:26am Apr 7, 2020 5:26am
  •  HaLBot
  • Joined Jan 2016 | Status: Member | 3,313 Posts
Quoting pippong
Disliked
will be volatile because of the PM's condition
Ignored
Yeah it's very serious, alot of people who have relapsed with Covid19 have died....
 
1
  • Post #515,630
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  • Apr 7, 2020 5:26am Apr 7, 2020 5:26am
  •  Jonnye1990
  • | Joined Mar 2020 | Status: Member | 24 Posts
has support become resistance on the 5m diagonal?Hmmmm
 
 
  • Post #515,631
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  • Apr 7, 2020 5:28am Apr 7, 2020 5:28am
  •  joesherwood
  • Joined Oct 2019 | Status: Member | 1,243 Posts
gonna let these 2 longs play out (currently red -21 pips) , finding it hard to get any executions right now, maybe today is a rest day for me idk
 
 
  • Post #515,632
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  • Apr 7, 2020 5:28am Apr 7, 2020 5:28am
  •  davari_2008
  • | Joined Apr 2011 | Status: Member | 62 Posts
Quoting gespiri
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Could be.....5m chart. {image}
Ignored
hi my friend
what moving use in your chart ?? ( Blue And Yellow )
 
 
  • Post #515,633
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  • Apr 7, 2020 5:33am Apr 7, 2020 5:33am
  •  gespiri
  • Joined Oct 2011 | Status: Lost.... | 2,354 Posts
Quoting davari_2008
Disliked
{quote} hi my friend what moving use in your chart ?? ( Blue And Yellow )
Ignored
Red 10 EMA
Blue 200 EMA
Yellow 333 SMA
Like all indicators, it doesn't work 100% but I only need an 80% probability....
Lost....
 
2
  • Post #515,634
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  • Apr 7, 2020 5:34am Apr 7, 2020 5:34am
  •  gespiri
  • Joined Oct 2011 | Status: Lost.... | 2,354 Posts
This is a possible entry long. Mid BB around 38.2% on 1 hr coinciding with my 5min.
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot1.png
Size: 63 KB
Lost....
 
2
  • Post #515,635
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  • Apr 7, 2020 5:35am Apr 7, 2020 5:35am
  •  joesherwood
  • Joined Oct 2019 | Status: Member | 1,243 Posts
Quoting gespiri
Disliked
This is a possible entry long. Mid BB around 38.2% on 1 hr coinciding with my 5min. {image}
Ignored
my entries for long around 23100, continuing to hold
 
 
  • Post #515,636
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  • Apr 7, 2020 5:43am Apr 7, 2020 5:43am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,389 Posts | Online Now
Attached Image (click to enlarge)
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Size: 383 KB
it’s broke out 4?trades on pp we done and still in the short hedge from 2318 support I think is there for a possible runner long but trade as we see it for now . Looking for. A 1 hour closed candle tail now
 
1
  • Post #515,637
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  • Apr 7, 2020 5:44am Apr 7, 2020 5:44am
  •  Almo2312
  • Joined Jul 2015 | Status: Guts&Glory | 2,751 Posts
Quoting corongumet
Disliked
{quote} hahha so keep calm
Ignored
i am very calm boy
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
 
 
  • Post #515,638
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  • Apr 7, 2020 5:45am Apr 7, 2020 5:45am
  •  b_hand
  • | Joined Sep 2012 | Status: Member | 542 Posts | Online Now
Quoting josef
Disliked
Predicting, predicting and some more predicting. Nothing ever changes since 25thousand pages. As predicting does not work for most traders, may I suggest to just trade what's there?
Ignored
Maybe yes maybe No this is just prediction.
 
1
  • Post #515,639
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  • Apr 7, 2020 5:48am Apr 7, 2020 5:48am
  •  zoo
  • Joined Aug 2019 | Status: Afebrile | 78 Posts
i don't want to talk about it...
It's bad luck to be superstitious
 
 
  • Post #515,640
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  • Apr 7, 2020 5:49am Apr 7, 2020 5:49am
  •  Georginson
  • Joined Aug 2018 | Status: Lonewolf | 3,659 Posts
Quoting Georginson
Disliked
Sold @ 1.2325... Target 1.2275... Stop loss 1.2350
Ignored
Manually closed.. Now a long from 1.2284 target 1.2350...stop at 1.2230
 
 
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