Cable Update (GBPUSD) | Page 26684 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #533,661
  • Edited 11:59pm Jul 7, 2020 2:27pm | Edited 11:59pm
Quoting Wavegarrick
{quote} Navk, You are cracking me up. Are all newbies scalpers?. Different strokes for different folks. I find that scalpers tend to trade big lot sizes to get the most out of their quick trades. Is that good for newbies? Does it mean I am dangerous for newbies when I trade small lot sizes and have a longer-term perspective? I don't think we have institutional traders here. Do I have to state that I am a swing...
As long as no one knows what lot size you trade... what is the issue with it?

I just do not get you what you try to say.

You may be scalper or swing trader. If the objective is known to people, they read your post accordingly.

I read today, some one want to buy at 1.2300.

Does it mean anything to new person unless if he elaborate he looks for some 500 pips ? or he feels 1.2300 is strong support to capture 30 pips ?

Anyways, I am stopping at this.

It all depends on individuals ... they must know that newbie should not loose his 1k.

All of us lost. Fair enough.
Intraday only.
  • #533,662
  • Edited 2:49pm Jul 7, 2020 2:28pm | Edited 2:49pm
Re the discussion above - if new traders are coming in here to get 'spoon fed' without even bothering to look back and learn what type of traders we all are - then they deserve everything they get. No one holds a gun to anyone's head and if someone follows someone else blindly then more fool them. There is a price to be paid for learning - it's not a free lunch. It is however undoubtedly true to say that to have what type of trader we are in the 'signature' on the bottom of each post is useful to others (if they bother to read it!)
Trader with an Edge.
  • #533,663
  • Jul 7, 2020 2:36pm Jul 7, 2020 2:36pm
i will cut my losses at the grey area , or trail stop last 15 m candle high .
yesterday i earned 91 $ and now i am at 88 $loss , tomorrow it's a new day , i want to leave some equity to work with
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 44 KB
yes yes yes
  • #533,664
  • Jul 7, 2020 2:37pm Jul 7, 2020 2:37pm
I think we might be headed to 1.28
  • #533,665
  • Jul 7, 2020 2:39pm Jul 7, 2020 2:39pm
Quoting Moty
i will cut my losses at the grey area , or trail stop last 15 m candle high . yesterday i earned 91 $ and now i am at 88 $loss , tomorrow it's a new day , i want to leave some equity to work with {image}
You are one of the bravest traders I know. Keep the fire burning.
Le$$ I$ More
  • #533,666
  • Jul 7, 2020 2:46pm Jul 7, 2020 2:46pm
Quoting Moty
i will cut my losses at the grey area , or trail stop last 15 m candle high . yesterday i earned 91 $ and now i am at 88 $loss , tomorrow it's a new day , i want to leave some equity to work with {image}
Just don't start buying in the grey area right away, wait it out a bit...it might keep dropping.
Everyone can see the chart, but only a few can actually read it.
  • #533,667
  • Jul 7, 2020 2:47pm Jul 7, 2020 2:47pm
Quoting Roszey
{quote} Then why do some people enjoy chastising other people’s idea. I have never slam down any idea shared. We are here to help not fight for supremacy. But those two rats keep slamming people’s hard work seeking for attention.
I must have missed that post, but on this tread. I give you full credit as I like your trade ideas and you are one of the best traders on here IMO. There is a good mixture of characters on this forum and its a way to have some banter in the long periods of no action. I only read the stuff on here I'm interested in and skim the rest and it goes with out saying I read your posts with full interest.
Don't trade what you think. Just what you see!!!
  • #533,668
  • Jul 7, 2020 2:47pm Jul 7, 2020 2:47pm
Better rest now, and wait for london tomorrow, its only peanuts now
COT: The precious data ignored
  • #533,669
  • Jul 7, 2020 2:50pm Jul 7, 2020 2:50pm
Quoting Moty
i will cut my losses at the grey area , or trail stop last 15 m candle high . yesterday i earned 91 $ and now i am at 88 $loss , tomorrow it's a new day , i want to leave some equity to work with {image}
Moty, please choose the setup TF, and stick to it just for one week and you will see the big difference in your P&L. Of course, you will have different scenarios on other TF's but this shouldn't have any influence on your decisions...
Green zone has to hold to be set up for W(iv)
Attached Image (click to enlarge)
Click to Enlarge Name: GU07.07.30M.c.png Size: 79 KB
Always trade your own plan...I don't provide trading signals.
  • #533,670
  • Jul 7, 2020 2:55pm Jul 7, 2020 2:55pm
I do not always post live trades to avoid influencing people's decisions, but I left the level 1.25900 for all of you to decide, but sometimes I post what I have already done with images of the graph...


But my plan was a sale at 1,25900
  • #533,671
  • Jul 7, 2020 2:56pm Jul 7, 2020 2:56pm
im lost too many posts haha

wish you all well
  • #533,672
  • Jul 7, 2020 3:01pm Jul 7, 2020 3:01pm
It will probably fluctuate at these levels GU
Attached Image (click to enlarge)
Click to Enlarge Name: Gbp Usd 0707.png Size: 63 KB
  • #533,673
  • Jul 7, 2020 3:07pm Jul 7, 2020 3:07pm
ok , i starting to trail stop , only 32 $ loss now ( , was in 200 loss and 117 $ profir at the peak from both ends . )
max loss can be 50 if i will be stopped out .
lucky for me , my entry in the eu short was a lot better
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 69 KB
yes yes yes
  • #533,674
  • Jul 7, 2020 3:08pm Jul 7, 2020 3:08pm
Quoting Roszey
{quote} You are one of the bravest traders I know. Keep the fire burning.
lol, he always confuses me. His charts and indicators show one thing and he dose the opposite. It's interesting that he is profitable.
  • #533,675
  • Jul 7, 2020 3:13pm Jul 7, 2020 3:13pm
Quoting joesherwood
im lost too many posts haha wish you all well
In summary:
1)the usual fight and the usual smooth talk by other forum users

2)moty lost some $ but he will be fine (honestly, we all have bad days)

3)I chickened out of a trade that could have made me big pips today.. lol
  • #533,676
  • Jul 7, 2020 3:15pm Jul 7, 2020 3:15pm
Quoting Alex.
{quote} lol, he always confuses me. His charts and indicators show one thing and he dose the opposite. It's interesting that he is profitable.
. market things
Le$$ I$ More
  • #533,677
  • Jul 7, 2020 3:25pm Jul 7, 2020 3:25pm
Ok, looking at the H1 setup, asia might buy it from here...so there should be new short opportunities during Tokyo, from higher up.
Everyone can see the chart, but only a few can actually read it.
  • #533,678
  • Jul 7, 2020 3:27pm Jul 7, 2020 3:27pm
Prices missed my sell limit. Damn you Cable.
BF
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jul 07 11-26-04.png Size: 76 KB

AF
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jul 07 20-25-53.png Size: 77 KB
Le$$ I$ More
  • #533,679
  • Jul 7, 2020 3:30pm Jul 7, 2020 3:30pm
Quoting Roszey
Prices missed my sell limit. Damn you Cable. BF {image} AF {image}
It's not done yet IMO, since the 61.8 fib hasn't been hit. We'll see tomorrow during NY time.
Lost....
  • #533,680
  • Jul 7, 2020 3:31pm Jul 7, 2020 3:31pm
Please don't follow blindly.. a market is a crazy place. If you have any question please feel free to DM me. I am here to learn, share, and make money. No hating full of love.
The Bearish SW zone will be a good retest point hunt for another. This is just ideas, it may be wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jul 07 20-20-58.png Size: 63 KB
Le$$ I$ More
886 traders viewing now