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Cable Update (GBPUSD)

  • #517,241
  • Apr 21, 2020 11:48am Apr 21, 2020 11:48am
Quoting Hickson
{quote} How is the margin doing on the demo?
in a 1 min chart entry, I would not be contemplating more than 15 to 20 pips.
Intraday only.
  • #517,242
  • Apr 21, 2020 11:53am Apr 21, 2020 11:53am
Quoting Hickson
{quote} How is the margin doing on the demo?
look at this another 1 min entry.
Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 76 KB
Intraday only.
  • #517,243
  • Apr 21, 2020 11:57am Apr 21, 2020 11:57am
Quoting navk
{quote} look at this another 1 min entry. {image}
I cannot see anything. Too many indicators ...
Fix up, trade sharp ...
  • #517,244
  • Apr 21, 2020 11:59am Apr 21, 2020 11:59am
Quoting Hickson
{quote} I cannot see anything. Too many indicators ...
signal 1. ) Reversal
signal 2 ) Fast trend confirmation
signal 3 ) Fast entry
signal 4 ) No sell trend confirmation
Intraday only.
  • #517,245
  • Apr 21, 2020 12:01pm Apr 21, 2020 12:01pm
Quoting navk
{quote} signal 1. ) Reversal signal 2 ) Fast trend confirmation signal 3 ) Fast entry signal 4 ) No sell trend confirmation
I only have an average brain, I am overwhelmed with these things. I need to just watch price. That is too much for me otherwise ...
Fix up, trade sharp ...
  • #517,246
  • Apr 21, 2020 12:02pm Apr 21, 2020 12:02pm
Later today or for sure tomorow we have reversal.
  • #517,247
  • Apr 21, 2020 12:02pm Apr 21, 2020 12:02pm
Quoting Hickson
{quote} I only have an average brain, I am overwhelmed with these things. I need to just watch price. That is too much for me otherwise ...
as long as one makes money, no questions.
Intraday only.
  • #517,248
  • Apr 21, 2020 12:05pm Apr 21, 2020 12:05pm
Quoting navk
{quote} as long as one makes money, no questions.
Yes, I have learnt that trying to understand how others trade is a mystery to me ... often they are way smarter and I only get hurt by overcomplicating things, so I basically just trade the naked charts, less confusion for me.
Fix up, trade sharp ...
  • #517,249
  • Apr 21, 2020 12:05pm Apr 21, 2020 12:05pm
Quoting navk
{quote} as long as one makes money, no questions.
then share your system or strategy
Stay Foolish , Stay Hungry
  • #517,250
  • Apr 21, 2020 12:07pm Apr 21, 2020 12:07pm
no sl or tp?!?!?!
  • #517,251
  • Apr 21, 2020 12:09pm Apr 21, 2020 12:09pm
Quoting HBN08
Later today or for sure tomorow we have reversal.
LOL. I would add that soon there will be increases or decreases
  • #517,252
  • Apr 21, 2020 12:09pm Apr 21, 2020 12:09pm
3 level semafor , repaints,

i want to know everything the indicators i use are doing and showing me before i use them and do they fit the market structure and then still only use price action but indis just a little help to see the structure.

Get off your arse and learn technical analysis instead of pissin around with blue red , dots, etc
Follow The Markets Structure - Patience and Discipline
  • #517,253
  • Apr 21, 2020 12:09pm Apr 21, 2020 12:09pm
Quoting joesherwood
no sl or tp?!?!?!
stop is hourly low or high.

TP depends, if it is 1 min chart, i will look for 10 to 12 pips.

If it is 5 min chart, more.

This is usually effective in the last 4 hr of the day.
Intraday only.
  • #517,254
  • Apr 21, 2020 12:10pm Apr 21, 2020 12:10pm
Quoting pipfarm
3 level semafor , repaints, i want to know everything the indicators i use are doing and showing me before i use them and do they fit the market structure and then still only use price action but indis just a little help to see the structure.
repainting indicators are fast, one must get used to that.
Intraday only.
  • #517,255
  • Apr 21, 2020 12:14pm Apr 21, 2020 12:14pm
Quoting navk
{quote} repainting indicators are fast, one must get used to that.

Not a chance , i could never risk my money on that nonsense, good luck to you if it works for you
Follow The Markets Structure - Patience and Discipline
  • #517,256
  • Apr 21, 2020 12:16pm Apr 21, 2020 12:16pm
Quoting Hickson
{quote} I only have an average brain, I am overwhelmed with these things. I need to just watch price. That is too much for me otherwise ...
  • #517,257
  • Apr 21, 2020 12:16pm Apr 21, 2020 12:16pm
Quoting pipfarm
{quote} Not a chance , i could never risk my money on that nonsense, good luck to you if it works for you
if one trades only with repainting indis, dangerous.

Repainting indi, i consider first ( First ) warning of reversal.
Intraday only.
  • #517,258
  • Apr 21, 2020 12:18pm Apr 21, 2020 12:18pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Daily.png Size: 33 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Monthly.png Size: 44 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #517,259
  • Apr 21, 2020 12:20pm Apr 21, 2020 12:20pm
Quoting joesherwood
no sl or tp?!?!?!
Look at the aqua color box, that is hourly low.

1.22614 is hourly break high. That is my stop loss
Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 72 KB
Intraday only.
  • #517,260
  • Apr 21, 2020 12:27pm Apr 21, 2020 12:27pm
look at the 15 min chart.

Hourly high formed in asia, My short entry at 1.2437 today after forming hourly high.

all trends showing short today.
Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 78 KB
Intraday only.
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