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Cable Update (GBPUSD)

  • #582,161
  • Mar 4, 2021 11:32pm Mar 4, 2021 11:32pm
Quoting KiwiTrada
{quote} "every trader has blown account" it is part of learning process,

I've blown Three Live Account and making million from Demo account.

Still trading on Loan money from my dad.

It's a process, how fast you get to level with the "S" Learning Curve.

Market has humble me ......
  • #582,162
  • Mar 4, 2021 11:56pm Mar 4, 2021 11:56pm
Quoting Moty
i changed my mind gu will drop more today the last Friday candle cost me a 1000 $ account from 1500$ profit in February , left only 200 $ the last weekly candle made it's impact {image} {image} {image}

Hi Moty.

Good to hear you change side from time to time.

We don't have to get married to that particular position.

What makes you married to your position?

If so, why? What does your position bring to the relationship.

Confusion, fear or perhaps some form of weird excitement ?

Don't you feel you can find another position just as worthy and deserving of your devotion again some day, or does this one have to be THE position to make you wealthy?

If she (the position your're in) is not good, just dump her. Find new and better position.

Good luck my friend.

P/S - Don't block me, please, for posting the above
  • #582,163
  • Mar 5, 2021 12:02am Mar 5, 2021 12:02am
...pullback from the prev 1hr sw lo zone = prev supp=pot sbr touched top of the prev sw 1hr/minor 4hr lo zone that extends down to today's current dly lo. There is 5min bullish hidden div there and price has risen a bit from that lo but there is not much of the next higher t/f uptrend [+] (30min in case of 5min hidden div) to enter (after a pullback using hidden div @ potential rbs/sbr,) but who knows,? anything can happen.

1hr below.
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Trader with an Edge.
  • #582,164
  • Mar 5, 2021 12:05am Mar 5, 2021 12:05am
Quoting Sang.Real
{quote} Hi Moty. Good to hear you change side from time to time. We don't have to get married to that particular position. What makes you married to your position? If so, why? What does your position bring to the relationship. Confusion, fear or perhaps some form of weird excitement ? Don't you feel you can find another position just as worthy and deserving of your devotion again some day, or does this one have to be THE position to make you wealthy? If she (the position your're in) is not good, just dump her. Find new and better position. Good...
Don't date it; trade it!!!
Don't trade what you think. Just what you see!!!
  • #582,165
  • Mar 5, 2021 12:07am Mar 5, 2021 12:07am
Quoting Sang.Real
{quote} I've blown Three Live Account and making million from Demo account. Still trading on Loan money from my dad. It's a process, how fast you get to level with the "S" Learning Curve. Market has humble me ......
agreed, demo / live is like chalk and cheese, the paradox is if you could make millions on demo, why couldnt you live, ??????
If you are new to Forex? Say Goodbye to your account!!
  • #582,166
  • Mar 5, 2021 12:09am Mar 5, 2021 12:09am
We are at bear resistance for the bulls to attack from. The problem is there is no juice in the market!!!
Don't trade what you think. Just what you see!!!
  • #582,167
  • Edited 12:37am Mar 5, 2021 12:17am | Edited 12:37am
Quoting Theoak
We are at bear resistance for the bulls to attack from. The problem is there is no juice in the market!!!
3


- 5 pip loss... Had a go no juice!!
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Don't trade what you think. Just what you see!!!
  • #582,168
  • Mar 5, 2021 12:21am Mar 5, 2021 12:21am
get ready for another drop
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yes yes yes
  • #582,169
  • Edited 12:46am Mar 5, 2021 12:22am | Edited 12:46am
G/M, current dly lo - 3867 touched the dly part of the prev 1hr/4hr/dly sw lo that extends down to 3859, now that current dly lo has now become a prev 1hr/minor 4hr sw lo in itself. Y/days > 30 day adr daily candle is a bearish hammer. Will we see a downside follow thru from it ? 4hr is below. (gmt+2)
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Trader with an Edge.
  • #582,170
  • Mar 5, 2021 12:24am Mar 5, 2021 12:24am
still eyeing my eur usd h4 for retracement before selling again
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Tradeing is not your mate
  • #582,171
  • Mar 5, 2021 12:29am Mar 5, 2021 12:29am
everybody bow in front the king ( usdollar)
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yes yes yes
  • #582,172
  • Mar 5, 2021 12:44am Mar 5, 2021 12:44am
Big drop in gold but the site money control says buy asy well says 50/50
  • #582,173
  • Mar 5, 2021 12:46am Mar 5, 2021 12:46am
Quoting greengp
big drop in gold but the site money control says buy asy well says 50/50
44 buy 45 sell 11 hold
  • #582,174
  • Mar 5, 2021 12:46am Mar 5, 2021 12:46am
Quoting greengp
{quote} 44 buy 45 sell 11 hold
Gold
SENTIMETER
44%45%11%
BUYSELLHOLD
  • #582,175
  • Mar 5, 2021 12:58am Mar 5, 2021 12:58am
...hit that prev 1hr/minor 4hr sw lo = prev supp = pot supp zone down to 3967 again, bulls have first to break upside thru the steepest 1hr desc t/line.

1hr below.
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Trader with an Edge.
  • #582,176
  • Edited 1:19am Mar 5, 2021 1:00am | Edited 1:19am
Dollar is basically heading up to somewhere between 92.235-93.208 which is the next weekly supply. See it played out like a perfect W pattern retrace and take off, take a look on the 1h/4h TF, maybe tried to overthink it with another leg down. This was on the cards anyway even without Powell talking shit. Did anyone watch him speak he looked like he was going to cry because the market wasn't doing what he wanted

See what happens we have reacted off of a 4h supply on dxy from a while ago but I have to look at selling the highs on cable now. That's not to say we cant have some up movement on cable first. Treasury yields now at 1.576%

Happy NFP day!!!

I sold 1.3882.. mini H&S on 5m break and retest of yesterdays low.. stop to BE asap

edit-out BE
  • #582,177
  • Mar 5, 2021 1:08am Mar 5, 2021 1:08am
... price challenging that zone to 3967 below that the prev 1hr/4hr/dly sw lo zone=prev supp=pot supp to 3659 - the current wkly lo from Tuesday.
Trader with an Edge.
  • #582,178
  • Edited 1:45am Mar 5, 2021 1:22am | Edited 1:45am
Scalp buy with close eye on PA around 1.38900 and 1.39050. Ambitious TP at Daily Pivot.
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  • #582,179
  • Mar 5, 2021 1:33am Mar 5, 2021 1:33am
cable is close to bottom of range for last 124 hours, 1 3857 - 1 4016, waiting brit open in 30mins
If you are new to Forex? Say Goodbye to your account!!
  • #582,180
  • Edited 1:50am Mar 5, 2021 1:39am | Edited 1:50am
Major Resistance broke

Short in at 1.3863

Sorry major resistance at 1.3850.. will try and hit 1.3853 this and get out


-7 pips loss take my medicine
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Don't trade what you think. Just what you see!!!
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