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Cable Update (GBPUSD)

  • #580,221
  • Feb 24, 2021 2:53am Feb 24, 2021 2:53am
selling everything ( cable, gold, silver)

let's see
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dolce vita
  • #580,222
  • Feb 24, 2021 2:54am Feb 24, 2021 2:54am
Quoting parshal
Guyz..my account was blown midnight. I was saying cable as insane for last week or so, but last night it was evil.
Not to rub it in but most of us have done the same at some point (even presently).
The question to ask yourself is: What have you learned from it?
Lost....
  • #580,223
  • Feb 24, 2021 2:58am Feb 24, 2021 2:58am
Quoting parshal
Guyz..my account was blown midnight. I was saying cable as insane for last week or so, but last night it was evil.
No shame in it, all of us have been there, take a break and regroup then come back and conquer!
  • #580,224
  • Feb 24, 2021 3:01am Feb 24, 2021 3:01am
Short with small SL
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #580,225
  • Feb 24, 2021 3:03am Feb 24, 2021 3:03am
Quoting coolmakina
{quote} Congrats! not only for your first year, but also for the skills you have developed so far. PS: there's no code to crack. you're either profitable or not. consistent profit is what is all about. either scalping or swinging. have a nice party. Stay cool

Life is nothing but problems and that's what makes it interesting.

All of you guys (especially experienced traders) have helped me to understand what is trading is all about.

The difference is that with time and experience I learn to deal with these things differently, to the point that they no longer carry the same weight. Thanks guy for helping me.

Think of a problem I had as a teenager and how much significance you would attach to it.

Then think of having the same problem as an adult and how insignificant it now seems.


Yet the problem itself can be exactly the same, the only difference is perception of its significance.


Also, I notice you guy experience in dealing with problems allows you to know that we can fix it and move on without losing sleep over it.

What has changed is my ability to deal with my problems, both emotionally and logistically.

A problem pops up and I deal with it the best I can with a lot less angst than years ago.


Look forward to be in this group of wonderful and positive minded people for years to come.

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Thank you everybody.
  • #580,226
  • Feb 24, 2021 3:03am Feb 24, 2021 3:03am
Quoting babayaga
selling everything ( cable, gold, silver) let's see {image} {image} {image}
Saw something similar hanging in the Tate Gallery ( Fauvism)
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every Saint has a past. Every Sinner has a Future
  • #580,227
  • Feb 24, 2021 3:05am Feb 24, 2021 3:05am
If they shoewd 1.42500 during american session i would beleive in that but they did in in assian session.After such candles on weekly reverse happen.But better wait confirmation.Trend h1 vertical now,need time to reverse
  • #580,228
  • Feb 24, 2021 3:06am Feb 24, 2021 3:06am
Quoting Wavegarrick
{quote} Hi Guys, Test the water sell trade just above 1.41000 and s/loss 50 pips. I will lock in soon. Cheers. {image}
Hi Guys,
Unfortunately my trade yesterday was knocked out by my stop loss. Fortunately, I can scalp as well and all recovered and more in this morning session, so all good. I don't scalp often. I await signals to get into a medium to long-term trade.
Trade safe,
Cheers.
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Trade to trade another day
  • #580,229
  • Feb 24, 2021 3:06am Feb 24, 2021 3:06am
Quoting greengp
{quote} ho man let me switch over

GOT IT
  • #580,230
  • Feb 24, 2021 3:12am Feb 24, 2021 3:12am
Quoting parshal
Guyz..my account was blown midnight. I was saying cable as insane for last week or so, but last night it was evil.
I am sorry to hear..,
my demo was blowing with cable SELL tonight

may I advice you to open demo or micro for some options to look at
dolce vita
  • #580,231
  • Feb 24, 2021 3:18am Feb 24, 2021 3:18am
Quoting Wavegarrick
{quote} Hi Guys, Unfortunately my trade yesterday was knocked out by my stop loss. Fortunately, I can scalp as well and all recovered and more in this morning session, so all good. I don't scalp often. I await signals to get into a medium to long-term trade. Trade safe, Cheers. {image} {image}
It happens, good you have the knowledge to recover.

i have not managed to get a trade on cable since the last good long i had, reason being that all the larger degree corrective swings on 30 min are small dips on the 4H and i am looking for the 4h to be in a minor corrective swing itself, with the daily as it is up.
Follow The Markets Structure - Patience and Discipline
  • #580,232
  • Feb 24, 2021 3:18am Feb 24, 2021 3:18am
Quoting Theoak
{quote} {image}
yes sirrrrr

had one for breakfast.

hahahaha
Le$$ I$ More
  • #580,233
  • Feb 24, 2021 3:20am Feb 24, 2021 3:20am
Quoting turnip15
{quote} Saw something similar hanging in the Tate Gallery ( Fauvism) {image}
excuse me I am not such a "chef-d'œuvre" yet, ...but I try

thank you
dolce vita
  • #580,234
  • Feb 24, 2021 3:21am Feb 24, 2021 3:21am
Quoting Sang.Real
{quote} Life is nothing but problems and that's what makes it interesting. All of you guys (especially experienced traders) have helped me ...... to be in this group of wonderful and positive minded people for years to come. {image} Thank you everybody.
I read in one of those Reader's Digest story a long time ago......
"If you lose your arm or a leg, or an eye.....then you have a problem. Anything else is an inconvenience."
Therefore, losing a trade, blowing your account is not permanent since you can always recover from it.
Lost....
  • #580,235
  • Feb 24, 2021 3:22am Feb 24, 2021 3:22am
GU doesnt respect emotion, if you think it would sell and it buys madly then you have to accept it at that. No amount of feelings would make your losing trade go right if you happen to be in the wrong direction.
Keep the Lights on then you can catch the rise from the dark.
  • #580,236
  • Edited 3:38am Feb 24, 2021 3:26am | Edited 3:38am
it seems for me today we have hammer on daily.on m15 started red .but m30 and h1 no signal-all buy.its little viktory.how much m15 can give i dont know.
  • #580,237
  • Feb 24, 2021 3:28am Feb 24, 2021 3:28am
Quoting ricmaj
GU doesnt respect emotion, if you think it would sell and it buys madly then you have to accept it at that. No amount of feelings would make your losing trade go right if you happen to be in the wrong direction.
Totally agree! For a slower yet more predictable pair I like the Eur/usd but the pace is generally a lot slower. Almost like taking a chilled break from it all
Insane in the Brain..
  • #580,238
  • Edited 3:43am Feb 24, 2021 3:33am | Edited 3:43am
Hi, not actually trading for a while (on a break) but still updating charts a couple of times a day...just thought I'd comment on the Asian session move up to 4243. Not something you see a lot and no real traceable explanation for it. Fxlive.com talking about stops being triggered etc.. So, price before London session even started was @ 159% of 30day adr which is down to 91.

@ that 4243 hi - it was the 200% upside extension of Monday's daily candle (gmt+2 candles) and also 78.6% 5016-1410 move, also a prev dly/minor wkly sw hi zone from March 2018 (that extends to 4245) that had not been respected as pot rbs as price sold down to it from the major 4376 swing hi from April 2018. Price also touched the top of the weekly ascending wedge @ that current 4376 dly hi and just about touched the bottom of the prev wkly/mthly sw hi zone =prev res=pot res leading to 4376. (a wide zone on the wkly/mthly that on the dly starts @ 4338)

50% of the 4054-4247 move just beneath the current pullback lo off that current 4243 dly hi.

Wkly below.
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Trader with an Edge.
  • #580,239
  • Feb 24, 2021 3:33am Feb 24, 2021 3:33am
Until now, break of 1.4150 is a turning point.
other than that .. Long LONG
  • #580,240
  • Feb 24, 2021 3:36am Feb 24, 2021 3:36am
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patience, patience, patience and after that more patience
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