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Cable Update (GBPUSD)

  • #533,841
  • Jul 8, 2020 5:52am Jul 8, 2020 5:52am
Quoting navk
{quote} I am ready for 2602. Are you ready? but already a massive 11 % growth.
I sincerely hope so cause the reaction towards 1.25420 r isn't comforting. It's like the market is afraid of breaking that point. Well, what do I know, lets watch and see.
  • #533,842
  • Jul 8, 2020 5:54am Jul 8, 2020 5:54am
Quoting navk
{quote} I am ready for 2602. Are you ready? but already a massive 11 % growth.
do you mean buy and set tp on 2602?
I'm a newbie
  • #533,843
  • Jul 8, 2020 5:54am Jul 8, 2020 5:54am
Tp at 1.25400
second tp 1.25600 , i dont know if we pass that level , i think the leg down will come after

(btw the M patter i talked can be a W and then we go higher , at this moment kinda starting to look like a W so carefull with sells in my view..
  • #533,844
  • Jul 8, 2020 5:59am Jul 8, 2020 5:59am
Quoting kingegonw
{quote} do you mean buy and set tp on 2602? I'm a newbie
for me, the price intends to move to 2602.

My risk is lows of today. 2508

If I buy now, my stop loss 2508, TP 2602/2600
Intraday only.
  • #533,845
  • Jul 8, 2020 6:00am Jul 8, 2020 6:00am
Quoting HBN08
Tp at 1.25400 second tp 1.25600 , i dont know if we pass that level , i think the leg down will come after (btw the M patter i talked can be a W and then we go higher , at this moment kinda starting to look like a W so careful with sells in my view..
no one know down or up.. flip a coin.. chop chop.. can crash down, can fly and other way around in an hour.

low tf bears control.
according to my system should get big bearish hour, but it not look good atm, cause there is not real trend.
  • #533,846
  • Jul 8, 2020 6:01am Jul 8, 2020 6:01am
Quoting navk
{quote} for me, the price intends to move to 2602. My risk is lows of today. 2508 If I buy now, my stop loss 2508, TP 2602/2600
only 23 pips from break even
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 61 KB
yes yes yes
  • #533,847
  • Jul 8, 2020 6:02am Jul 8, 2020 6:02am
Quoting chiny-fx
{quote} Awesome what you can do with a demo account .....joke - winding you up
I proof all my trades by posting my setups. Too many pessimistic blood here. You should learn how trade not follow what I post. I guess you are one of them. Go tell whoever sent you to eat dirt.
Le$$ I$ More
  • #533,848
  • Jul 8, 2020 6:02am Jul 8, 2020 6:02am
Quoting navk
{quote} for me, the price intends to move to 2602. My risk is lows of today. 2508 If I buy now, my stop loss 2508, TP 2602/2600
Thank you very much
Your advice was so useful
  • #533,849
  • Jul 8, 2020 6:02am Jul 8, 2020 6:02am
1.25 is nice number, should be 60 pips
  • #533,850
  • Jul 8, 2020 6:03am Jul 8, 2020 6:03am
Quoting Moty
{quote} only 23 pips from break even {image}
GREAT.

For me, it is set and forget kind of set up.

Buy now, stop 2508. TP 2600.
Intraday only.
  • #533,851
  • Jul 8, 2020 6:06am Jul 8, 2020 6:06am
Quoting gatenio
{quote} no one know down or up.. flip a coin.. chop chop.. can crash down, can fly and other way around in an hour. low tf bears control. according to my system should get big bearish hour, but it not look good atm, cause there is not real trend.

We just can get confirmations for sure no one know's...lets wait and see if it goes down we adapt if go up we adapt to... isnt that the life of a trader ?
(btw we get a D good view of what can happen in my view)
  • #533,852
  • Jul 8, 2020 6:07am Jul 8, 2020 6:07am
Quoting OAPDave
{quote} I trade from the Uk and have to abide by ESMA rules My margin for a 1 lot Gbo-Usd contract is £3300 I then have a stop out rule applied to allegedly protect me of 50% so to trade with any degree of flexability I would have to hold £6600 in my account per contract Return of 11% on 59 pips range today amazing
My old friend, how are you.

Keep it up.

God is great.

Cheers !

Shower your account with profits, keep up your confidence.

Intraday only.
  • #533,853
  • Jul 8, 2020 6:07am Jul 8, 2020 6:07am
Quoting HBN08
{quote} We just can get confirmations for sure no one know's...lets wait and see if it goes down we adapt if go up we adapt to... isnt that the life of a trader ? (btw we get a D good view of what can happen in my view)
no, its a gambler.
  • #533,854
  • Jul 8, 2020 6:08am Jul 8, 2020 6:08am
Had my long entry @ 1.25463, sl at 1.25108. Tp @ 1.25600.

Let’s see how it plays.
#Stay blue. /swinger/scalper/
  • #533,855
  • Jul 8, 2020 6:08am Jul 8, 2020 6:08am
Quoting Roszey
{quote} I proof all my trades by posting my setups. Too many pessimistic blood here. You should learn how trade not follow what I post. I guess you are one of them. Go tell whoever sent you to eat dirt.
push the ignore button , why argue with a fool , he just lower you to his level and win
yes yes yes
  • #533,856
  • Jul 8, 2020 6:12am Jul 8, 2020 6:12am
Quoting gatenio
{quote} no, its a gambler.
For me just a portion of gambling but i understand your point
  • #533,857
  • Jul 8, 2020 6:15am Jul 8, 2020 6:15am
Quoting Moty
{quote} only 23 pips from break even {image}
Moty,

you are a pivot trader like me.

Look at the buy set up everyday with respect to moving average and daily pivot, daily open level.

If you can refine the entry point, your entry will be 80 % correct.

I try to do everyday.

Only yesterday was bad miss. Remember, I did not loose my money but missed buy set up.

That is due to...you know what happened.

However, I just managed to get into buy set up very late though and achived my daily target.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 46 KB
Intraday only.
  • #533,858
  • Jul 8, 2020 6:17am Jul 8, 2020 6:17am
Quoting navk
{quote} Moty, you are a pivot trader like me. Look at the buy set up everyday with respect to moving average and daily pivot, daily open level. If you can refine the entry point, your entry will be 80 % correct. I try to do everyday. Only yesterday was bad miss. Remember, I did not loose my money but missed buy set up. That is due to...you know what happened. However, I just managed to get into buy set up very late though and achived my daily target. {image}
For me,
Moty is great analysis trader,
but entry too rush to get in, should wait market give better price for enter instead of jump in midway
PA Return Today: na
  • #533,859
  • Jul 8, 2020 6:19am Jul 8, 2020 6:19am
Quoting HBN08
{quote} For me just a portion of gambling but i understand your point
price ranging near the pivot. 50% you have a winner, but holding winner trade is different from holding a losing one.
if you know what im saying, the close button is more sensitive when you in the money, and where you'r not... your not.
  • #533,860
  • Jul 8, 2020 6:19am Jul 8, 2020 6:19am
Quoting LeongPuiy
{quote} For me, Moty is great analysis trader, but entry too rush to get in, should wait market give better price for enter instead of jump in midway
100 % correct.

Sometimes, i wonder how achieves great profits with small account.

Consistency comes in only when he refines the entry level.
Intraday only.
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