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Cable Update (GBPUSD)

  • #534,841
  • Jul 10, 2020 3:10pm Jul 10, 2020 3:10pm
Quoting Sunnyland
{quote} that is my plan for next week dude.
Wish you all the luck in the world for this PLANNED TRADE
WARNING: This post warps space and time in its vicinity.
  • #534,842
  • Jul 10, 2020 3:10pm Jul 10, 2020 3:10pm
Quoting mastersplint
My projection for next week. Should see this happen early in the week. Once pattern completed I will decide if its sell time or continuation {image}
thanks for the reply earlier - sorry only just seen it.
Trader with an Edge.
  • #534,843
  • Jul 10, 2020 3:14pm Jul 10, 2020 3:14pm
Quoting Wavegarrick
{quote} Hi Wasay This may be hard for some to understand. I rinse and repeat multiple times daily. My objective is to lock in trades as soon as possible. I don't have targets. When my trades are taken out with small profits, I don't care. Trading is a business, protecting my profits are most important. It is like a game of chess. The locked-in trades that survive the day is what I call "Survivors". Only after a significant amount of pips in profit, I move my stops. So I have to call myself a scalper, short, medium to long term trader. I fall in...
Based on your monstrous pips and bullish outlook. What is your projection for where price is headed? I see you use HTF as I am a scalper and use 1m a lot for entry and trade off 1h liquidity levels just curious as to your insight being a overall scalper/swing trader
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #534,844
  • Jul 10, 2020 3:18pm Jul 10, 2020 3:18pm
Quoting Moty
I don't have my hammer, but i don't need one. The drop is here . Yesterday high is still not breach {image}
question. what do you base your entries off of?
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #534,845
  • Jul 10, 2020 3:31pm Jul 10, 2020 3:31pm
Quoting mastersplint
{quote} Based on your monstrous pips and bullish outlook. What is your projection for where price is headed? I see you use HTF as I am a scalper and use 1m a lot for entry and trade off 1h liquidity levels just curious as to your insight being a overall scalper/swing trader
No, My friend. My monstrous pips are not based on my bullish outlook. Read and read carefully. Simply lock some of your 1m scalps in off your 1h liquidity levels. it is like giving a tip to a car guard or your local charity.

My projection for Gu is much higher. So go about your scalping duties as you normally would. Take your scalpy profits as you normally would but leave a tip. You need to go about your normal business but just think outside the box.

Cheers
Trade to trade another day
  • #534,846
  • Jul 10, 2020 3:42pm Jul 10, 2020 3:42pm
Quoting mastersplint
{quote} question. what do you base your entries off of?
all indicator are in the same color
tp at opposite signel at the bb stop indi
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 30 KB
yes yes yes
  • #534,847
  • Jul 10, 2020 3:43pm Jul 10, 2020 3:43pm
Quoting Wavegarrick
{quote} No, My friend. My monstrous pips are not based on my bullish outlook. Read and read carefully. Simply lock some of your 1m scalps in off your 1h liquidity levels. it is like giving a tip to a car guard or your local charity. My projection for Gu is much higher. So go about your scalping duties as you normally would. Take your scalpy profits as you normally would but leave a tip. You need to go about your normal business but just think outside the box. Cheers
oh of course! when I am 10 pips in profit I always lock B/E +1 pip. No need to create a loss from profits, and if its get stopped out can always look for other entries either long or short if I was right or wrong overall
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #534,848
  • Jul 10, 2020 3:51pm Jul 10, 2020 3:51pm
Quoting mastersplint
{quote} oh of course! when I am 10 pips in profit I always lock B/E +1 pip. No need to create a loss from profits, and if its get stopped out can always look for other entries either long or short if I was right or wrong overall
Whether you like it or not, that is how I create my monstrous pips.

I know most will not even look at my writings, but it is ok, works for me.

Have a great weekend
Cheers.
Trade to trade another day
  • #534,849
  • Jul 10, 2020 3:51pm Jul 10, 2020 3:51pm
Monday should be easy...Tokyo up from 2620...London down from whatever the "night" brings , if its 2650, or higher. Would be nice if they broke 2660 for a good short.
Everyone can see the chart, but only a few can actually read it.
  • #534,850
  • Jul 10, 2020 4:03pm Jul 10, 2020 4:03pm
Quoting Wavegarrick
{quote} Whether you like it or not, that is how I create my monstrous pips. I know most will not even look at my writings, but it is ok, works for me. Have a great weekend Cheers.
you as well!


"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #534,851
  • Jul 10, 2020 4:04pm Jul 10, 2020 4:04pm
no tp hit... so gonna hold over the weekend ... hoping on Monday we go up before any fall...
Extreme gut feeling trader
  • #534,852
  • Jul 10, 2020 4:16pm Jul 10, 2020 4:16pm
Quoting Wavegarrick
{quote} Whether you like it or not, that is how I create my monstrous pips. I know most will not even look at my writings, but it is ok, works for me. Have a great weekend Cheers.
One trader I’ve never disagreed with is Garrick, he just says everything right. And his trading patience and success is extraordinary.

keeping killing it man
  • #534,853
  • Jul 10, 2020 4:22pm Jul 10, 2020 4:22pm
Quoting Moty
you know me , don't belive in sl . so i started to use the indicator bb stop . what means that the indicator tell me when to enter , and where to put the sl , and still i didn't put it , and that is that is the different between profit of 100 pips , and a lose 40 . shame on me {image} {image} {image}
trade safe man, most common mistake in here is people wanting to know what other indicators they use to know what way price is going. Which is not the case. The big boys (banks) don’t move because of an indicator its mostly PA imo.

What Retail Traders Need to do is to completely detach from the idea of trying to figure out what banks are doing. Instead, the Retail Trader is far better off teaching themselves how to Go With The Flow of whatever the "banks" are doing. Banks are not Scalping 100s of millions or billions of dollars on a 5 minute hot tip trade. Because their size is so large, they have to build their positions over extended periods of time. Typically, when the masses are selling, institutions are buying - building a position. When the masses are buying, typically, institutions selling - once gain building a position. At some point, that "pattern" of institutional position building will result in what you see as a market on the move as price reverses and begins moving forcefully in the opposite direction relative to most Retail "Dumb" Money (that's what they call you as they laugh their way to profits).

this is not to tell people how to trade as EVERYBODY is different just my 2 cents.

take it easy
  • #534,854
  • Jul 10, 2020 4:25pm Jul 10, 2020 4:25pm
Quoting Wavegarrick
{quote} Whether you like it or not, that is how I create my monstrous pips. I know most will not even look at my writings, but it is ok, works for me. Have a great weekend Cheers.
i am with you good or bad you are my rock god bless you for me
  • #534,855
  • Jul 10, 2020 4:33pm Jul 10, 2020 4:33pm
Quoting Wavegarrick
{quote} Whether you like it or not, that is how I create my monstrous pips. I know most will not even look at my writings, but it is ok, works for me. Have a great weekend Cheers.
When the person closes the profits and expects a new opportunity, in the direction that he is or opposite is because the person has an efficient technique trained and prepared. The price is always a correction.
And most importantly goals and objectives always.
  • #534,856
  • Jul 10, 2020 4:37pm Jul 10, 2020 4:37pm
Quoting joesherwood
{quote} trade safe man, most common mistake in here is people wanting to know what other indicators they use to know what way price is going. Which is not the case. The big boys (banks) don’t move because of an indicator its mostly PA imo. What Retail Traders Need to do is to completely detach from the idea of trying to figure out what banks are doing. Instead, the Retail Trader is far better off teaching themselves how to Go With The Flow of whatever the "banks" are doing. Banks are not Scalping 100s of millions or billions of dollars on a 5 minute...


Sometimes I think thief banks lose a lot of money because the market is changing, forex is not the same as before.

Maybe they just trade news. the forex looks more like an abandoned market, nor does it compare with the pips it did a few years ago.

Although I'm going to do 2 years of trade, but that's what I see looking at the past prices.
  • #534,857
  • Jul 10, 2020 4:43pm Jul 10, 2020 4:43pm
Quoting joesherwood
{quote} One trader I’ve never disagreed with is Garrick, he just says everything right. And his trading patience and success is extraordinary. keeping killing it man
Thanks, Joe,

It is for Guys of the likes of you, and you are an esteemed trader yourself, that I like sharing my trading journey.

Cheers
Leon
Trade to trade another day
  • #534,858
  • Jul 10, 2020 6:17pm Jul 10, 2020 6:17pm
Quoting joesherwood
{quote} trade safe man, most common mistake in here is people wanting to know what other indicators they use to know what way price is going. Which is not the case. The big boys (banks) don’t move because of an indicator its mostly PA imo. What Retail Traders Need to do is to completely detach from the idea of trying to figure out what banks are doing. Instead, the Retail Trader is far better off teaching themselves how to Go With The Flow of whatever the "banks" are doing. Banks are not Scalping 100s of millions or billions of dollars on a 5 minute...
your becoming wise now
  • #534,859
  • Jul 10, 2020 6:18pm Jul 10, 2020 6:18pm
A couple of trend lines on the daily we may have to worry about next week.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Daily.png Size: 49 KB
  • #534,860
  • Jul 10, 2020 9:40pm Jul 10, 2020 9:40pm
Inserted Video
not euphoria follower
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