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Cable Update (GBPUSD)

  • #519,321
  • May 7, 2020 6:39pm May 7, 2020 6:39pm
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Compulsions can be hard to resist
  • #519,322
  • May 7, 2020 7:49pm May 7, 2020 7:49pm
I think the chart you last posted was one of your best

Quoting Bartosz77
{quote} Someone mentioned here that Forex is like poker. CHECK! (I think this channel has finished now. What is your call?)
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #519,323
  • Edited 8:21pm May 7, 2020 8:10pm | Edited 8:21pm
people say, very often holy grail in trading.

Have you ever tried to find that ?

I saw some threads here, with which one can earn maximum pips at some set up.

To me, daily, 4 hr and 60 min are important.

Finding a support and resistance, most importantly in daily and 4 hr.

Then, the signal ?

Yes, I use some system ( holy grail to me ), this is the trigger. First step is ensure support and resistance in daily and 4 hr time frame. Then trade in that direction.

Targets, one can easily set r1, r2 or s1, s2.

One of my friend in Toronto used to discuss a lot about accurate entry, to calm the nerves.

I say never it is possible.

But possible with 20 to 30 pips stop loss.

So, at the end I am enjoying.

I must thank Moty. Yes, I used a system long back but did not how to use the system effectively. But Moty reminded me

After having had so much experience, I know how to use that system.

So, it is possible in trading. To make profits consistently.

This post is not commercial and I just want to encourage traders, learn.. it is possible one day.
Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 118 KB
Intraday only.
  • #519,324
  • May 7, 2020 8:21pm May 7, 2020 8:21pm
Quoting trumps
{image}{image}{image}
Yes!
WT
  • #519,325
  • May 7, 2020 8:22pm May 7, 2020 8:22pm
Very good mate. I am happy for you.

Stay safe, trade safe.

KP

Quoting navk
people say, very often holy grail in trading. Have you ever tried to find that ? I saw some threads here, with which one can earn maximum pips at some set up. To me, daily, 4 hr and 60 min are important. Finding a support and resistance, most importantly in daily and 4 hr. Then, the signal ? Yes, I use some system ( holy grail to me ), this is the trigger. First step is ensure support and resistance in daily and 4 hr time frame. Then trade in that direction. Targets, one can easily set r1, r2 or s1, s2. One of my friend in Toronto used to discuss...
Do your homework, follow the footprints of smart money
  • #519,326
  • May 7, 2020 8:54pm May 7, 2020 8:54pm
looks bullish
Compulsions can be hard to resist
  • #519,327
  • May 7, 2020 9:17pm May 7, 2020 9:17pm
SHORT GBPUSD 1.2396
SCALP WIN
  • #519,328
  • May 7, 2020 9:21pm May 7, 2020 9:21pm
Quoting ongtrumvn99
SHORT GBPUSD 1.2396
ADD SHORT 1.2404
SCALP WIN
  • #519,329
  • May 7, 2020 9:27pm May 7, 2020 9:27pm
Quoting ongtrumvn99
SHORT GBPUSD 1.2396
This will hurt...
WT
  • #519,330
  • May 7, 2020 9:27pm May 7, 2020 9:27pm
Quoting ongtrumvn99
{quote} ADD SHORT 1.2404
And this will hurt too...
WT
  • #519,331
  • May 7, 2020 9:50pm May 7, 2020 9:50pm
Its bullish over that open ,might correct as long as the open is not broke,
D1 breaks up if h1 shooting star breaks, talking cards pretty 3 candle beats pretty 1 candle on h1 ,ideal bullish close 12 GMT
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-12-hours.png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #519,332
  • May 7, 2020 10:58pm May 7, 2020 10:58pm
Quoting Bartosz77
{quote} This will hurt...
Compulsions can be hard to resist
  • #519,333
  • May 7, 2020 10:59pm May 7, 2020 10:59pm
Quoting Bartosz77
{quote} And this will hurt too...
Compulsions can be hard to resist
  • #519,334
  • May 7, 2020 11:17pm May 7, 2020 11:17pm
All eyes at 1.25, test on weekly open there

After that we will understand if road is:
1.25 --> 1.30 -->1.20 (this should be the easy one, after yesterday move)
or
1.25 --> 1.20 -->1.30

But now they want 1.25...
  • #519,335
  • May 7, 2020 11:19pm May 7, 2020 11:19pm
Quoting Bartosz77
{quote} And this will hurt too...
Maybe he wants to sell to the daily pivot (2349) area. London may pull it there. I dare not short this anyway.
  • #519,336
  • May 7, 2020 11:30pm May 7, 2020 11:30pm
Quoting Mitiblotch
{quote} Maybe he wants to sell to the daily pivot (2349) area. London may pull it there. I dare not short this anyway.
London are at home with their feet up today.
Focus.
  • #519,337
  • May 7, 2020 11:34pm May 7, 2020 11:34pm
Hi, here is something I thought you might find interesting: - http://www.investing.com/analysis/ho...ever-200523986

This might be helpful for the new guys (and not only them)
Patience and Discipline.
  • #519,338
  • May 7, 2020 11:41pm May 7, 2020 11:41pm
Quoting Bartosz77
{quote} This will hurt...
short at 2396 and 2404 did not hurt.

It is bullish but in 1 and 5 min TF, retracing.

All depends on what tf he is trading.

For scalper, this is good enough. now the price 2382
Intraday only.
  • #519,339
  • May 7, 2020 11:44pm May 7, 2020 11:44pm
#GBPUSD / H1
Attached Image (click to enlarge)
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  • #519,340
  • May 7, 2020 11:48pm May 7, 2020 11:48pm
UK bank holiday today
Intraday only.
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