Cable Update (GBPUSD) | Page 27713 | 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)

  • #554,241
  • Oct 21, 2020 12:45pm Oct 21, 2020 12:45pm
Quoting Moty
{quote} thank you my friend in total , i am in 618 $ profit from the start of last month , but i was in the peak at 2500 $ profit . i can't explain what is wrong with me . every day i am telling to myself " wait for London open , wait for London open " and every time i am entering a losing position in the Asian session . tomorrow my deposit will be updated not before London open , i hope i will act good

How much is your balance bro?
  • #554,242
  • Oct 21, 2020 12:46pm Oct 21, 2020 12:46pm
Quoting L.m
{quote} 1.37 is the 127.2% of the last long bearish leg but it's also an important weekly resistance. Is there an harmonic pattern that would fit with that level? Thanks
I see a slightly imperfect bearish Cypher on the weekly chart. The top of the entry zone extends to 1.3633.
  • #554,243
  • Oct 21, 2020 12:49pm Oct 21, 2020 12:49pm
Quoting Moty
{quote} thank you my friend in total , i am in 618 $ profit from the start of last month , but i was in the peak at 2500 $ profit . i can't explain what is wrong with me . every day i am telling to myself " wait for London open , wait for London open " and every time i am entering a losing position in the Asian session . tomorrow my deposit will be updated not before London open , i hope i will act good
The most of the mistakes is because you are looking the Daily Pivot. Delete this indicator of your chart and start to trade more simple.
Together we can be strongest
Vantage Return This Month: na
  • #554,244
  • Oct 21, 2020 12:49pm Oct 21, 2020 12:49pm
Quoting Moty
{quote} thank you my friend in total , i am in 618 $ profit from the start of last month , but i was in the peak at 2500 $ profit . i can't explain what is wrong with me . every day i am telling to myself " wait for London open , wait for London open " and every time i am entering a losing position in the Asian session . tomorrow my deposit will be updated not before London open , i hope i will act good

Moty i think you are having patience issues in the market, it probably reflects with your life, im in the same boat.
Trying to trade to get out of your current wage class/ lifestyle or trying to move away from where you live, things like that.
Im trying to move out of my parents house so it feels like every trade i make has to be the one or else ill never get out.
One of the best things i can recommend is trying to force yourself to realize its a long journey and you have to add years to your expected time to be profitable.
We are in this together my friend dont worry!
  • #554,245
  • Oct 21, 2020 1:02pm Oct 21, 2020 1:02pm
Quoting Moty
{quote} thank you my friend in total , i am in 618 $ profit from the start of last month , but i was in the peak at 2500 $ profit . i can't explain what is wrong with me . every day i am telling to myself " wait for London open , wait for London open " and every time i am entering a losing position in the Asian session . tomorrow my deposit will be updated not before London open , i hope i will act good
A bit more patience and calmness... and you would be fine, my friend!!!!!!!!Market is gonna be there tomorrow... for you to tame it. Best wishes...!
  • #554,246
  • Oct 21, 2020 1:04pm Oct 21, 2020 1:04pm
Quoting palpite
{quote} The most of the mistakes is because you are looking the Daily Pivot. Delete this indicator of your chart and start to trade more simple.
i am losing because i am not looking at the daily pivot .
is i was looking , i would never had took that stupid short because price open above it , and stayed above it all day
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 23 KB
yes yes yes
  • #554,247
  • Oct 21, 2020 1:15pm Oct 21, 2020 1:15pm
Quoting Moty
{quote} thank you my friend in total , i am in 618 $ profit from the start of last month , but i was in the peak at 2500 $ profit . i can't explain what is wrong with me . every day i am telling to myself " wait for London open , wait for London open " and every time i am entering a losing position in the Asian session . tomorrow my deposit will be updated not before London open , i hope i will act good
Asian session is good for trading EU, but horrible for GU, because pound can easily erase ALL asian gain/loss within 5 minutes of Frankfurt or London open. If you trade during asia, stick to EU or UJ.
Everyone can see the chart, but only a few can actually read it.
  • #554,248
  • Oct 21, 2020 1:18pm Oct 21, 2020 1:18pm
Quoting Not-KPMG
{quote} .. Clear enough?

Hint - I'll buy little .....

Sue me
Bought, closed, .... Now waiting lies to stop...

Then sell more. Yes I did little selling.

Sue me
Beware of robber banks (RB), bad advisors.
  • #554,249
  • Oct 21, 2020 1:30pm Oct 21, 2020 1:30pm
Quoting palpite
{quote} The most of the mistakes is because you are looking the Daily Pivot. Delete this indicator of your chart and start to trade more simple.
Pivots are a very powerful tool if used correctly. In a rangy period, daily pivots can be relied on trading off daily support/resistance. You will make your money off that, but if ranges are broken and trendy conditions start, daily pivots are useless. There is a positive though. If daily pivots start moving up you can consider it a start of upward momentum. It is impossible for most of us to look at clean charts and guess where price will go. I look at higher time frame pivots to establish swings etc.

Just my two cents
Cheers
Trade to trade another day
  • #554,250
  • Oct 21, 2020 1:57pm Oct 21, 2020 1:57pm
dx has got support at 92.500
will go further up if breaks 92.575 for now , it still need to close and then if breaks
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.png Size: 30 KB
yes yes yes
  • #554,251
  • Oct 21, 2020 1:58pm Oct 21, 2020 1:58pm
hi everybody, someone can help me to draw trendline on the 1h chart.. its kind of vertical..
  • #554,252
  • Oct 21, 2020 1:59pm Oct 21, 2020 1:59pm
GU have potential to reach 1.3340-90.
Really glad that I had quit selling this pair at 1.3085, felt abnormal movement so switched to other pairs.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #554,253
  • Oct 21, 2020 2:00pm Oct 21, 2020 2:00pm
This was a nice SW zone trade. the bounce was good enough.

Always be patient with your strategy it will definitely pay.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Oct 21 18-57-35.png Size: 46 KB
Le$$ I$ More
  • #554,254
  • Oct 21, 2020 2:29pm Oct 21, 2020 2:29pm
Quoting OnlineAddict
{quote} 2800 is guaranteed...but .. 0.

Blaaaaaa

Bubula you short??? nooooo
You confused Bubula

When 1.45 did ya missed it???
Beware of robber banks (RB), bad advisors.
  • #554,255
  • Oct 21, 2020 2:30pm Oct 21, 2020 2:30pm
Quoting Temujin
{quote} Ouch, hope you didn't short.
Little ...  . 1.32. 33. No hurry.

Closed few longs. ... too early I admit.  Liars Robbing Banks in play .

I trade so tiny lots pound that's not worth bragging . Real money Bitcoin. And EU. Gonna sell E...


But AFTER THE LIES stop (Ohhhhh noooooo) we can sell GU.. ... . . Hold... sell

See FTSE craaaaash few DAYS Ohhh Yeaaah deal is coming. LOL
Attached Image
Beware of robber banks (RB), bad advisors.
  • #554,256
  • Oct 21, 2020 2:32pm Oct 21, 2020 2:32pm
I imagine right now the liars banksters are selling their cars and houses and moving to Germany

Sue me
Beware of robber banks (RB), bad advisors.
  • #554,257
  • Oct 21, 2020 2:37pm Oct 21, 2020 2:37pm
no no , leave something for tomorrow
don't drop a lot
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB
yes yes yes
  • #554,258
  • Oct 21, 2020 2:46pm Oct 21, 2020 2:46pm
Quoting Moty
no no , leave something for tomorrow don't drop a lot {image}
DXY looking to rally from 92.59?
I will tear the world apart for you.
  • #554,259
  • Oct 21, 2020 3:17pm Oct 21, 2020 3:17pm
Quoting Coreg2004
{quote} L.m, very good eyes...I dropped this level because if GU takes out the zone for bearish shark there is a strong chance it will go to the bearish crab pattern zone...but I am not so ahead of myself... let's take it to step by step...now my insanity is fully exposed on the daily chart... {image}
Ok thanks, I was asking as this is the first target of my residual longs (1.40 the last). I expect some retracement from there (if we ever get there of course), and a confluence with some harmonics might make me consider taking also some early shorts there. Early compared to when standard PA would make me enter.
  • #554,260
  • Oct 21, 2020 3:19pm Oct 21, 2020 3:19pm
There will be plenty of action tomorrow, Moty. Just wait 30 minutes after LO. Or trade demo before if you must

Good luck!

Respect to all of the guys who took longs early today!

Quoting Moty
no no , leave something for tomorrow don't drop a lot {image}
390 traders viewing now