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Cable Update (GBPUSD)

  • #587,761
  • Apr 2, 2021 6:14am Apr 2, 2021 6:14am
ok , i am convinced
took long for 10 pips
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yes yes yes
  • #587,762
  • Apr 2, 2021 6:17am Apr 2, 2021 6:17am
Quoting DailyChart
{quote} Hi Sweety
Who? Christina Aguilera?
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #587,763
  • Apr 2, 2021 6:31am Apr 2, 2021 6:31am
Its a pleasure for me to learn from you

Good luck with the race!

Quoting Sang.Real
{quote} Yes Ilvez, absolutely insightful thought. I must agree with we have to learn and create a trading plan with a proven system, follow it religiously, and let the system do its job. Sooner than later, we become a bot, zero emotions. Ha ha ha ... Joking ok. Don't take it seriously. But, it is not easy but it is possible. You've given a fantastic advice. Definitely needed. About the Camel race, yeah. looking forward for it this weekend. Local Darby. The Adrenalin. {image}
  • #587,764
  • Apr 2, 2021 6:33am Apr 2, 2021 6:33am
Quoting Fredo219
{quote} Read "trading in the zone". It helps with the psychological aspect of trading which is the most important field in trading.




Trading in the Zone is great read by Mark Douglas

Reading hardback right now, great book for an Newbie and experienced trader.

Very solid book!

Main point is to let fear go because it can skew your perspective on a trade and data


Trading in the Zone", a book , actually touches on this so perfectly.

It outlines a huge mistake of responsibility novice traders make.

And this book was written long before the internet era.

Couldn't be any more true right now.




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  • #587,765
  • Edited 6:52am Apr 2, 2021 6:38am | Edited 6:52am
Quoting Sang.Real
{quote} Trading in the Zone is great read by Mark Douglas Reading hardback right now, great book for an Newbie and experienced trader. Very solid book! Main point is to let fear go because it can skew your perspective on a trade and data Trading in the Zone", a book , actually touches on this so perfectly. It outlines a huge mistake of responsibility novice traders make. And this book was written long before the internet era. Couldn't be any more true right now. {image}
Yea this is a must read. It was being touted a lot when I first joined FF back in 2009 and holds up today.

For GU, I'm just a bit sceptical of buying in this red zone. I'll wait until it's removed then buy a pullback.

Had a sell in there this morning which got taken out at BE, but I probably moved my stop too quickly because it would be in the green by now
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  • #587,766
  • Apr 2, 2021 6:58am Apr 2, 2021 6:58am
Anyone see Bullish Flag on GU?
Matter of NFP time
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #587,767
  • Apr 2, 2021 7:05am Apr 2, 2021 7:05am
Hello guys,

The data for ADP non farm employment change was worse than expected.

The data for jobless claim was also worse than expected.

Maybe the data for non-farm employment change (non farm payroll) will also be worse than expected.

If the NFP data is worse than expected, maybe the GBPUSD price will be bullish...maybe.

Let’s see how it goes in the next 30 mins.

Please trade safely.
  • #587,768
  • Apr 2, 2021 7:06am Apr 2, 2021 7:06am
closed short position with only 3 pips profit. I avoid Non-Farm labor data time.
  • #587,769
  • Apr 2, 2021 7:10am Apr 2, 2021 7:10am
don't trade NFP before clear direction ........ will be coming bull trap and bear trap
The Average Discount Everything
  • #587,770
  • Apr 2, 2021 7:13am Apr 2, 2021 7:13am
Quoting Sang.Real
{quote} Trading in the Zone is great read by Mark Douglas Reading hardback right now, great book for an Newbie and experienced trader. Very solid book! Main point is to let fear go because it can skew your perspective on a trade and data Trading in the Zone", a book , actually touches on this so perfectly. It outlines a huge mistake of responsibility novice traders make. And this book was written long before the internet era. Couldn't be any more true right now. {image}
TRADING IN THE ZONE- MARK DOUGLAS (FULL AUDIOBOOK):
Inserted Video
  • #587,771
  • Apr 2, 2021 7:14am Apr 2, 2021 7:14am
For NFP, i will be standing aside for the moment however looking at the hourly we now have a possible abc correction with its internal structure visible on 15 minute, so for further upside a structure break above 3841 is needed with a close above.

Although the daily did create a trend up within its internal structure as seen on 4H it has not broken to the upside to change the current weekly downside swing so it is possible the daily move up is corrective and we see a downside move but a structure break below 3704 would be needed to confirm further downside

So personally i think this could go either way atm
Follow The Markets Structure - Patience and Discipline
  • #587,772
  • Apr 2, 2021 7:20am Apr 2, 2021 7:20am
Loaded Buy more . The PA talk now
Price hold above Key level and make bullish flag. Im follow
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #587,773
  • Apr 2, 2021 7:21am Apr 2, 2021 7:21am
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yes yes yes
  • #587,774
  • Apr 2, 2021 7:23am Apr 2, 2021 7:23am
Quoting Moty
{image}
moty when did you change trade? where is your sell? omg
  • #587,775
  • Apr 2, 2021 7:29am Apr 2, 2021 7:29am
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The Average Discount Everything
  • #587,776
  • Apr 2, 2021 7:31am Apr 2, 2021 7:31am
I was wrong.

The NFP data was better than the forecast.
  • #587,777
  • Apr 2, 2021 7:32am Apr 2, 2021 7:32am
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yes yes yes
  • #587,778
  • Apr 2, 2021 7:33am Apr 2, 2021 7:33am
Spring shoot xD and calm
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #587,779
  • Apr 2, 2021 7:35am Apr 2, 2021 7:35am
Quoting mysterio
Waiting for red area for more short Bull party in full flow across majors, nice to see {image}
Still valid for me. Market gravitated to the upper TL for NFP. Let's see where the daily closes to confirm direction, might not know until next week.

Hahaha of course it starts flying up just as I post
  • #587,780
  • Apr 2, 2021 7:38am Apr 2, 2021 7:38am
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