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Cable Update (GBPUSD)

  • #519,601
  • May 11, 2020 3:34am May 11, 2020 3:34am
1st tp hited
I am trailing stop the second half of position.
Then let it retrace and try to catch another short at breakdown of last horly of 15m candle low
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yes yes yes
  • #519,602
  • May 11, 2020 3:34am May 11, 2020 3:34am
Lets see if .23500 holds...
Patience and Discipline.
  • #519,603
  • May 11, 2020 3:39am May 11, 2020 3:39am
My puffer fish is telling me this is a likely scenario. But fish can't trade, can they?!
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  • #519,604
  • May 11, 2020 3:40am May 11, 2020 3:40am
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50pips for breakfast. Nom nom. I'm off to walk the dog.
Focus.
  • #519,605
  • May 11, 2020 3:41am May 11, 2020 3:41am
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yes yes yes
  • #519,606
  • May 11, 2020 3:49am May 11, 2020 3:49am
Quoting sunnym
GU short engaged {image}
am out,waiting for the next setup
Watch me trade Live on YouTube
  • #519,607
  • May 11, 2020 3:50am May 11, 2020 3:50am
2350 bargain basement price
Compulsions can be hard to resist
  • #519,608
  • May 11, 2020 3:52am May 11, 2020 3:52am
I close my sell at 35 pips profit because the trendline may provide support for the price and if there is a good bounce , from there , I will be looking to buy and if it breaks it down , I will wait for further confirmation and then sell . I will be very careful with short because the next big move is to the upside . Trade well mates .
Attached Image (click to enlarge)
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With patience and discipline,you move beyond the sky
  • #519,609
  • May 11, 2020 3:53am May 11, 2020 3:53am
Quoting sunnym
{quote} am out,waiting for the next setup
This is the next set up
From it's seem to go down but wait for 15 or 60m candle low to enter
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yes yes yes
  • #519,610
  • May 11, 2020 4:00am May 11, 2020 4:00am
Quoting ozalid
What is going on here. I'll catch him to buy some at around 1.3075
Until then, I will sell it now
1.2370 short
  • #519,611
  • May 11, 2020 4:05am May 11, 2020 4:05am
Wow , made a beautiful comeback after thos stupid longs in the morning.
When weekly pivot broke , i immediately close then and enter a big short.
From -250 to -19 dollars lose for to today.
Back to 800 equity.
In the past i used to stay without sl and let my account blow.
I manage overcome this weakness
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yes yes yes
  • #519,612
  • May 11, 2020 4:16am May 11, 2020 4:16am
Quoting Moty
Wow , made a beautiful comeback after thos stupid longs in the morning. When weekly pivot broke , i immediately close then and enter a big short. From -250 to -19 dollars lose for to today. Back to 800 equity. In the past i used to stay without sl and let my account blow. I manage overcome this weakness {image} {image}
Great Moty

i really like your trading style. the key though is having a strategy and staying disciplined to it
Discipline is key
  • #519,613
  • May 11, 2020 4:19am May 11, 2020 4:19am
Quoting Moty
Wow , made a beautiful comeback after thos stupid longs in the morning. When weekly pivot broke , i immediately close then and enter a big short. From -250 to -19 dollars lose for to today. Back to 800 equity. In the past i used to stay without sl and let my account blow. I manage overcome this weakness {image} {image}
There are so many signals and it's the key to identify the right and be open with any change. This makes your trading successful and I'm always curious to see your thoughts. Thanks for sharing
  • #519,614
  • May 11, 2020 4:20am May 11, 2020 4:20am
Quoting ozalid
{quote} Until then, I will sell it now 1.2370 short
Wait for higher set up
Attached Image (click to enlarge)
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yes yes yes
  • #519,615
  • May 11, 2020 4:30am May 11, 2020 4:30am
GBP sellers still very much in control
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Watch me trade Live on YouTube
  • #519,616
  • May 11, 2020 4:33am May 11, 2020 4:33am
Quoting ozalid
{quote} Until then, I will sell it now 1.2370 short
Why will I leave the sale and look for a purchase in the area I wrote?
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  • #519,617
  • May 11, 2020 4:33am May 11, 2020 4:33am
Quoting Moty
{quote} Wait for higher set up {image}
Maybe it a go here.
1.23578 break of last 15m low
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yes yes yes
  • #519,618
  • May 11, 2020 4:40am May 11, 2020 4:40am
I am not too comfortable selling GU moreso that the price still stays above the trendline support . Double bottom at 15m time frame , I go long from here with a tight stop loss in case it does not play out as planned .
Attached Image (click to enlarge)
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With patience and discipline,you move beyond the sky
  • #519,619
  • May 11, 2020 4:44am May 11, 2020 4:44am
It is trying to defend support 1.2350 at all costs......
Lost....
  • #519,620
  • May 11, 2020 4:49am May 11, 2020 4:49am
Quoting Moty
Wow , ... In the past i used to stay without sl and let my account blow. I manage overcome this weakness {image} {image}
Congrats, now you are listening to advice. If you can become reactive to PA rather than being proactive, you won't have any other profession than forex trading
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