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Cable Update (GBPUSD)

  • #523,321
  • Edited 6:38am May 27, 2020 6:22am | Edited 6:38am
Quoting ongtrumvn99
NO SHORT I have warned many times. {image}
cash n collect my scalps shorts..
trades with knowledge will always give us easy green pips..
so short never die..
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just for a cup of coffee...
  • #523,322
  • May 27, 2020 6:38am May 27, 2020 6:38am
money was in EURO and some of the GBP pairs,GBPUSD is just playing games,got my fill on EU and EJ,maybe we will get good trades on GBP
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Watch me trade Live on YouTube
  • #523,323
  • May 27, 2020 6:40am May 27, 2020 6:40am
Quoting akim0895
{quote} cash n collect my scalps shorts.. trades with knowledge will always give us easy green pips.. so short never die.. {image}
With trading against the market, the possibility of a loss is very large will not be encouraged to use. That is not the orthodox method.
SCALP WIN
  • #523,324
  • May 27, 2020 6:45am May 27, 2020 6:45am
Quoting sunnym
money was in EURO and some of the GBP pairs,GBPUSD is just playing games,got my fill on EU and EJ,maybe we will get good trades on GBP {image}
Please share you indicator so i will also use it for my trade knowledge
  • #523,325
  • May 27, 2020 6:45am May 27, 2020 6:45am
Quoting Antares23
I'm thinking the M5 and M15 might have some room to come down. Looks like they are lined up together for it. {image}
Again?
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"Pain + Reflection = Progress"-Ray Dalio
  • #523,326
  • May 27, 2020 6:45am May 27, 2020 6:45am
Quoting ongtrumvn99
{quote} With trading against the market, the possibility of a loss is very large will not be encouraged to use. That is not the orthodox method.
ha ha..
every traders will have their own system/methods mate..
so will have different style n opinion at trading..
less discipline can cause the loss too if you have an accurate system at forex..
just for a cup of coffee...
  • #523,327
  • May 27, 2020 6:52am May 27, 2020 6:52am
Quoting GGekkoGreed
for those who use fibonacci I have a question... when you put on your chart the fib and then you say well "See it respected the ____ level" wouldn't it have to respect SOME level on your fib? i mean assuming you identified somewhat of an uptrend or downtrend by connecting the highs and lows the price would HAVE to support/ resist at some level on the fib, 50, 618 , etc. Just trying to get an idea of how people trade with fibs. I can't imagine banks and what not sitting at a desk grabbing a fibonacci extension and determining price by that.... Just...
Yes. I used to think like that. In fact very often they are totally useless. I try them out more and more and sometimes if I see an important level being defended, I'll throw up a fib, and if it corresponds, it simply strengthens the case slightly. It's a measuring stick and a lot of traders use it in strong trends to calculate where they may add in a retracement.
Gone to a better place
  • #523,328
  • May 27, 2020 6:54am May 27, 2020 6:54am
Quoting gespiri
{quote} He's "really dangerous and deluded" because "he cheats at golf." Very nice logic.
To be honest, that tells me everything I need to know about a person. I do not even play golf.
Gone to a better place
  • #523,329
  • May 27, 2020 6:56am May 27, 2020 6:56am
Max pain on options on the pound (futures) is 1.2250
So on the one hand option writers (usually the banks) want price down at this level- and others want price to rise
So I am expecting a choppy few days
Yesterday thousands of out of the money calls were closed.
Lots of hedge funds breathing a sigh of relief that they had cheap protection in place

small long I think-
aussie struggling though
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #523,330
  • May 27, 2020 6:58am May 27, 2020 6:58am
Quoting smikester
{quote} To be honest, that tells me everything I need to know about a person. I do not even play golf.
If you don't even play golf, how do you know he cheats?
Just messin' with you while waiting for prices to TP....
Lost....
  • #523,331
  • May 27, 2020 7:04am May 27, 2020 7:04am
curve dumped
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #523,332
  • May 27, 2020 7:07am May 27, 2020 7:07am
Quoting akim0895
{quote} ha ha.. every traders will have their own system/methods mate.. so will have different style n opinion at trading.. less discipline can cause the loss too if you have an accurate system at forex..
Someone no short will be crying now
PA Return Today: 12.5%
  • #523,333
  • May 27, 2020 7:07am May 27, 2020 7:07am
oppssttt..
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just for a cup of coffee...
  • #523,334
  • May 27, 2020 7:09am May 27, 2020 7:09am
Quoting Abeeha
{quote} Please share you indicator so i will also use it for my trade knowledge
l have attached the indicator on my youtube channel,check out my Channel:sunnymdlalose
Watch me trade Live on YouTube
  • #523,335
  • May 27, 2020 7:09am May 27, 2020 7:09am
Quoting smikester
{quote} To be honest, that tells me everything I need to know about a person. I do not even play golf.
thanks again remind me about EU mate..
i buy you ️
just for a cup of coffee...
  • #523,336
  • May 27, 2020 7:09am May 27, 2020 7:09am
Quoting akim0895
oppssttt.. {image}
Nice, and you also still have yd short
  • #523,337
  • May 27, 2020 7:10am May 27, 2020 7:10am
Quoting Antares23
{quote} Again? {image}
Cable is behaving nicely for scalpers

some easy pips for those taking part.
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"Pain + Reflection = Progress"-Ray Dalio
  • #523,338
  • May 27, 2020 7:11am May 27, 2020 7:11am
Quoting OnlineAddict
{quote} Now it looks better than just a scalp, maybe worth keeping bit longer. 2250-70 looks like a good target.
Done.
Everyone can see the chart, but only a few can actually read it.
  • #523,339
  • May 27, 2020 7:11am May 27, 2020 7:11am
Quoting LeongPuiy
{quote} Someone no short will be crying now
they will not cry, but they will be disappointed.

Intraday only.
  • #523,340
  • May 27, 2020 7:12am May 27, 2020 7:12am
got blasted by the spike down... oh well... we'll re-load
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