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Cable Update (GBPUSD)

  • #523,681
  • May 28, 2020 7:56am May 28, 2020 7:56am
Quoting knkie
{quote} it should not have frustrated anyone. you could see the moves up starting yesterday late in the session
real frustration today to me.

I had a very nice profit of around 430 $ at 2283 I saw it and kept trailing stop at 2255 and slept.

It hit trailing stop and profit was reduced to just 90 $.

Intraday only.
  • #523,682
  • May 28, 2020 8:01am May 28, 2020 8:01am
Some will blow accounts today,this pair is brutal today
Watch me trade Live on YouTube
  • #523,683
  • May 28, 2020 8:01am May 28, 2020 8:01am
today is best for scalping 20 pips on both sides.

Do not expect big.

You will give stop losses only.
Intraday only.
  • #523,684
  • May 28, 2020 8:01am May 28, 2020 8:01am
Attached Image (click to enlarge)
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PA Trading with EMAs & common Sense
  • #523,685
  • May 28, 2020 8:03am May 28, 2020 8:03am
Quoting navk
{quote} yeah true, but i failed to do atleast twice today. Gave stop losses. Now I am comfortable with long. have stop in place too.
M15 shows what happened.
Price made TWO consecutive LL-HH formations, which signals ranging behaviour.
Its is about to make a Third LL-HH formation, albeit it with wider swings as the formation is expanding

We need a HL-HH first otherwise price will continue to range...

HL-HH for trend indication
HH-HL for the setup
Attached Image (click to enlarge)
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in wondering about yourself, you forgot what you came here to be part of
  • #523,686
  • May 28, 2020 8:03am May 28, 2020 8:03am
the crooks are having fun today
Attached Image (click to enlarge)
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yes yes yes
  • #523,687
  • May 28, 2020 8:04am May 28, 2020 8:04am
Quoting navk
{quote} real frustration today to me. I had a very nice profit of around 430 $ at 2283 I saw it and kept trailing stop at 2255 and slept. It hit trailing stop and profit was reduced to just 90 $.
i hear ya.
but you are such an excellent trader...dont let this get to you
in wondering about yourself, you forgot what you came here to be part of
  • #523,688
  • May 28, 2020 8:06am May 28, 2020 8:06am
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PA Trading with EMAs & common Sense
  • #523,689
  • May 28, 2020 8:14am May 28, 2020 8:14am
M5

Removed my SellStop

atb vvm
PA Trading with EMAs & common Sense
  • #523,690
  • May 28, 2020 8:17am May 28, 2020 8:17am
Inserted Video
  • #523,691
  • May 28, 2020 8:20am May 28, 2020 8:20am
LONG,stop on BE so much games on this pair today
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Analysis.mp4.png Size: 152 KB
Watch me trade Live on YouTube
  • #523,692
  • May 28, 2020 8:21am May 28, 2020 8:21am
the drop is coming
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yes yes yes
  • #523,693
  • May 28, 2020 8:22am May 28, 2020 8:22am
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PA Trading with EMAs & common Sense
  • #523,694
  • May 28, 2020 8:23am May 28, 2020 8:23am
I hope so. My sell limit was triggered. Might want to tap LIQ level around 1.23135 area highest before the drop.
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #523,695
  • May 28, 2020 8:26am May 28, 2020 8:26am
I still don't see any reason the Bears should panic... Below 1.2320 is still heavily bearish to 1.2150 level.

Cheers!
Data + Stat + Risk/Emotions Management
  • #523,696
  • May 28, 2020 8:27am May 28, 2020 8:27am
M5

BuyStop was triggered

Removed SellStop

atb vvm
PA Trading with EMAs & common Sense
  • #523,697
  • May 28, 2020 8:27am May 28, 2020 8:27am
Quoting Moty
the crooks are having fun today {image}

Indicators not work for breakouts, because of this you do the same mistake. Fix it with yours analisys.
Together we can be strongest
Vantage Return This Month: na
  • #523,698
  • May 28, 2020 8:29am May 28, 2020 8:29am
Quoting Georginson
I still don't see any reason the Bears should panic... Below 1.2320 is still heavily bearish to 1.2150 level. Cheers!
are you trading the weekly-monthly frames?
in wondering about yourself, you forgot what you came here to be part of
  • #523,699
  • May 28, 2020 8:32am May 28, 2020 8:32am
Quoting knkie
{quote} are you trading the weekly-monthly frames?
Yes and also streamline it to daily too especially midweeks
Data + Stat + Risk/Emotions Management
  • #523,700
  • May 28, 2020 8:35am May 28, 2020 8:35am
There is no point arguing with the market .It is better to accept you were wrong when market proves you wrong and wait for another better opportunity
With patience and discipline,you move beyond the sky
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